IBCM defines Ethical Responsibility and Fiscal Responsibility. Ethical Responsibility could not have been defined but for the Role Models who appeared on this planet. An extract from the book on the occasion of the forthcoming Thanksgiving Day:
There are four categories of people. 1. People of wisdom; 2. People pursuing knowledge; 3. People pursuing wealth and 4. People in distress. Humanity is a substance and people of wisdom represent the quality aspect of the substance holding the mandate of ethical responsibility. Continue reading →
I read your article with great interest. I followed it up the same at the website of Inside Job and the Facebook. My question is what’s the way out?
Today I dropped this note at the White House mail system, under the category of Economy: “President Obama during the inaugural session to US Congress said: “Here in Washington, we’ve all seen how quickly good intentions can turn into broken promises and wasteful spending. And with a plan of this scale comes enormous responsibility to get it right.” If world economy has to revive White House should attempt to control this area. How? Please visit http://www.smashwords.com/books/view/24530 and take your time to watch the 3 minutes video, that addresses the concern stated above of President Obama and tells how to take grip of the economy.” Continue reading →
This is an extract from the book: Titled Inactivity Based Cost Management [IBCM]: Sub-titled: Measurement of Intangible: Governance, Ethical & Fiscal Responsibility and Accountability. This extract is on cost consequence and the readers shall note that there is no separate chapter on Cost Consequence in the book but finds its way to several chapters. Continue reading →