The document discusses overhauling budgeting by measuring return on intangible assets rather than return on investment. It proposes rating companies on a scale of 0-5 based on their policies, value systems, and adherence to policies and values, which would indicate their "intangible value capital". This aims to encourage investment in sustainable companies focused on quality over short-term profits. The document also discusses relating compensation and valuations to the mass added by companies' intangible capital. Overall it argues that focusing on intangible assets can improve market stability and confidence by prioritizing sustainability.
The document discusses key elements of an effective public speaking presentation, including considering the audience, developing clear content with a topic, purpose and supporting evidence, using a logical structure with an introduction, body and conclusion, and delivering the speech with an engaging voice and body language. Some specific tips covered are choosing an attention grabber for the introduction, using transitions between main points, providing a summarizing clincher, and preparing different types of outlines. It also stresses the importance of speaking with clarity, making eye contact, and overcoming anxiety through practice.
WFWPI & Global Peace Women's Network, October 2013 in LondonElisabeth Riedl
The document summarizes the itinerary and sessions of the 13th WFWP International Leader's Workshop held from October 7-10, 2013 in London and at the UK Houses of Parliament. The workshop focused on finding visions and strategies to build a culture of peace through women's empowerment, networking, and addressing violence against women and families. Session 1 at the Houses of Parliament discussed innovative strategies for peace and human development, and included short welcome words from a UK MP and presentations from the WFWP president and other leaders. Session 2 addressed prevention, protection and provision for women against all forms of violence, with speakers from the WFWP UN office and leaders from Spain, Asia, and Poland.
This document discusses different types of supporting material that can be used in a speech to strengthen arguments and ideas. It identifies facts, statistics, definitions, descriptions, explanations, examples, testimonies, analogies as common types of supporting evidence. It also outlines potential sources for supporting material, including personal experience, research interviews, surveys, library resources, government documents, academic journals, and internet documents. Finally, it stresses the importance of conducting ethical research by ensuring evidence is relevant, credible, current, and properly cited.
The document discusses the need for network intelligence capabilities in modern telecommunications networks. As networks become smarter with more dynamic devices and applications, a network intelligence layer is needed to extract higher business value from network events in real-time through continuous monitoring, event correlation and integration with business systems. This network intelligence functionality would be built on existing network and business intelligence capabilities and technologies like complex event processing.
Addressing the Challenges of Tactical Information Management in Net-Centric S...Angelo Corsaro
This paper provides an overview of the advantages provided by the OMG Data Distribution Service for Real-Time Systemts (DDS) for addressing the challenges associated with Tactical Information distribution.
The document discusses the current state of funding in the biotech industry. It notes that mergers and acquisitions have become a more common exit strategy for venture-backed biotech companies than IPOs due to the challenging IPO market. Total venture capital investment in biotech remained high at $7 billion in 2007, despite falling pre-money valuations and fewer IPOs. Partnerships and collaborations with large pharmaceutical companies are also increasingly important sources of funding and validation for smaller biotech companies.
This presentation provides an overview of the Innovation Model adopted for OpenSplice DDS and then goes on presenting the standardization and development Roadmap as well as the set of Technology Incubators that we are trying to sparkle around OpenSplice DDS.
This document provides an introduction and overview of the book "Social Media Uprising in the Chinese-speaking World". It discusses how social media has enabled new forms of grassroots mobilization in Asia that challenge traditional authorities. The book contains chapters on social media's role in mobilization efforts in China, Hong Kong, Macao, Taiwan, and Malaysia. It aims to provide unique Asian perspectives that are often missing from Western analyses of social media and politics. The introduction argues that social media mobilization in Asia has a long history and taken on diverse forms across different societies and issues in the region.
The document discusses key elements of an effective public speaking presentation, including considering the audience, developing clear content with a topic, purpose and supporting evidence, using a logical structure with an introduction, body and conclusion, and delivering the speech with an engaging voice and body language. Some specific tips covered are choosing an attention grabber for the introduction, using transitions between main points, providing a summarizing clincher, and preparing different types of outlines. It also stresses the importance of speaking with clarity, making eye contact, and overcoming anxiety through practice.
WFWPI & Global Peace Women's Network, October 2013 in LondonElisabeth Riedl
The document summarizes the itinerary and sessions of the 13th WFWP International Leader's Workshop held from October 7-10, 2013 in London and at the UK Houses of Parliament. The workshop focused on finding visions and strategies to build a culture of peace through women's empowerment, networking, and addressing violence against women and families. Session 1 at the Houses of Parliament discussed innovative strategies for peace and human development, and included short welcome words from a UK MP and presentations from the WFWP president and other leaders. Session 2 addressed prevention, protection and provision for women against all forms of violence, with speakers from the WFWP UN office and leaders from Spain, Asia, and Poland.
This document discusses different types of supporting material that can be used in a speech to strengthen arguments and ideas. It identifies facts, statistics, definitions, descriptions, explanations, examples, testimonies, analogies as common types of supporting evidence. It also outlines potential sources for supporting material, including personal experience, research interviews, surveys, library resources, government documents, academic journals, and internet documents. Finally, it stresses the importance of conducting ethical research by ensuring evidence is relevant, credible, current, and properly cited.
The document discusses the need for network intelligence capabilities in modern telecommunications networks. As networks become smarter with more dynamic devices and applications, a network intelligence layer is needed to extract higher business value from network events in real-time through continuous monitoring, event correlation and integration with business systems. This network intelligence functionality would be built on existing network and business intelligence capabilities and technologies like complex event processing.
Addressing the Challenges of Tactical Information Management in Net-Centric S...Angelo Corsaro
This paper provides an overview of the advantages provided by the OMG Data Distribution Service for Real-Time Systemts (DDS) for addressing the challenges associated with Tactical Information distribution.
The document discusses the current state of funding in the biotech industry. It notes that mergers and acquisitions have become a more common exit strategy for venture-backed biotech companies than IPOs due to the challenging IPO market. Total venture capital investment in biotech remained high at $7 billion in 2007, despite falling pre-money valuations and fewer IPOs. Partnerships and collaborations with large pharmaceutical companies are also increasingly important sources of funding and validation for smaller biotech companies.
This presentation provides an overview of the Innovation Model adopted for OpenSplice DDS and then goes on presenting the standardization and development Roadmap as well as the set of Technology Incubators that we are trying to sparkle around OpenSplice DDS.
This document provides an introduction and overview of the book "Social Media Uprising in the Chinese-speaking World". It discusses how social media has enabled new forms of grassroots mobilization in Asia that challenge traditional authorities. The book contains chapters on social media's role in mobilization efforts in China, Hong Kong, Macao, Taiwan, and Malaysia. It aims to provide unique Asian perspectives that are often missing from Western analyses of social media and politics. The introduction argues that social media mobilization in Asia has a long history and taken on diverse forms across different societies and issues in the region.
This document provides guidance on selecting a speech topic by analyzing the audience and setting. It recommends brainstorming potential topics based on your knowledge and interests. Then analyze the audience by gathering demographic data and their knowledge of the topic through surveys. Also analyze the speech setting factors like length, audience size, and equipment needs. Select a topic that is appropriate for the audience and setting. Write a goal statement that focuses the desired audience reaction to your single central idea. Locate information from personal knowledge, research sources, and primary research you conduct. Evaluate sources based on authority, objectivity, and currency. Identify relevant factual statements, examples, expert opinions, elaborations, comparisons/contrasts, and quotations for your speech while avoiding
Search Party - Internet & Social Media Search Tricks that Will Improve the Wa...Marian Madonia, CSP
Use these models to be a master at doing internet & social media searches. Whether using Google, Bing, Yahoo, LinkedIn, or another search engine, these tips will help you dig deep to find what you need. Created by Marian Madonia, CSP
This document outlines an agenda for a meeting between a financial advisor and a potential client. The advisor will determine if the client needs financial planning services and if they are a good fit to work together. They will discuss the advisor's collaborative approach to financial planning called Dream > Plan > Track. The advisor will provide an overview of their credentials and experience in financial planning. They will also identify the client's financial priorities, goals, risks and concerns to develop a comprehensive plan.
The document discusses key concerns that keep business owners and decision makers up at night, including financing retirement, ensuring business continuity, and attracting and retaining employees. It addresses these concerns through integrated strategies involving risk management, employee benefits, business succession planning, and personal financial planning. The goal is to help decision makers develop a comprehensive plan to protect their business and secure their own and their family's future.
This presentation introduced Vortex by means of a running example. Throughout the presentation we will show how Vortex makes it easy to build a micro-blogging platform a la Twitter.
The document provides examples of usage for various English prepositions such as "in", "on", "at", "under", "behind", "between", "above", "below" and "towards". It describes the spatial relationship between different objects using prepositions, such as "the boy is hiding behind the door", "there are eggs in the basket", and "the athlete is walking up and down the steps".
This document provides information about various portfolio samples, including brochures and websites for Spirit of Scotland Awards, Inverness Museum & Art Gallery Gaelic exhibits, Aberdeen Convention Bureau conference venues, and Sovereign Dimensional Survey corporate website. It also mentions an Aberdeenshire Council water initiative for schools.
The document discusses reasons why blogging and friends are positive. It mentions that blogging is fun, interesting, great, and surprising, and that friends are crazy, funny, weird, and great to hang out with. The document appears to be notes for a multi-page PowerPoint presentation.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive function. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms for those who already suffer from conditions like anxiety and depression.
The Fire Department of New York City document contains information on letters of recommendation, newspaper articles about the department, recruitment and diversity efforts to join the force, and details on their training program for new firefighters.
Overcoming Speech Apprehension refers to reducing the fear and anxiety experienced when public speaking. Symptoms include anticipation anxiety before speaking, a surge of anxiety when beginning, and gradual decline of anxiety after starting. Better preparation and skills training can help minimize nervousness, and listeners may not notice if a speaker feels nervous. Practicing speeches in different styles like conversational, impromptu, scripted, and extemporaneous can help build confidence.
The Halloween party will be held on Saturday, October 31st from 7pm to 11pm at 123 Main Street. Guests are encouraged to wear costumes and prizes will be awarded for best costume. Refreshments including pizza, snacks, and drinks will be provided throughout the evening.
The document summarizes the history of the free software and open source movements. It discusses early hacker culture at MIT, the founding of the GNU project and Free Software Foundation by Richard Stallman, the development of Linux by Linus Torvalds, and Eric Raymond's analysis of open source collaboration in "The Cathedral and the Bazaar." It also covers diversity between the free software and open source communities and the impact of open source software.
The document discusses accounting in the knowledge economy. It covers topics such as the definition of a knowledge economy, types of intangible assets, current methods for measuring intangibles like direct, market capitalization, and return on assets methods, and the need for updated accounting principles to properly account for intangible assets which make up most of companies' current market value. It also compares traditional accounting income formulas to ideal formulas for knowledge businesses.
Accounting provides essential information for organizations to make decisions and measure performance. It identifies, measures, records, and communicates financial information. The accounting process allows organizations to determine value created through transformations of resources and profits earned. However, accounting relies on assumptions and constraints that could impact profit calculations if invalid. Management selection of accounting policies can affect financial statements and influence economic consequences and stakeholder perceptions.
[Slidecast] Modeling the Shared Value of Industry CollaborationSustainable Brands
In this session, John O'Connor, VP Sustainability Research, Gaia Metrics (formerly, World Bank, IMF) suggests a model for applying models typically used to value "own account intangibles" like capitalized R&D and brand equity to industry or shared intangibles, such as pre-competition collaboration and supply chain information systems. Case studies from diverse industries (computers & electronics, pharmaceuticals, textiles & apparel, mining, and alcoholic beverages) will be used to show how shared or industry wide intangibles can play a significant role in shareholder value, in some cases exceeding the contribution of the company's purchased or own account intangibles.
These case studies will be used to propose a tentative typology for how businesses seem to use industry intangibles to maximize shareholder value. Topics for discussion include how businesses seem to use industry intangibles to maximize shareholder value, how examples presented might apply to other industries, and how the value of industry collaboration might be connected to income and expense data, to support return on investment metrics.
This document provides guidance on selecting a speech topic by analyzing the audience and setting. It recommends brainstorming potential topics based on your knowledge and interests. Then analyze the audience by gathering demographic data and their knowledge of the topic through surveys. Also analyze the speech setting factors like length, audience size, and equipment needs. Select a topic that is appropriate for the audience and setting. Write a goal statement that focuses the desired audience reaction to your single central idea. Locate information from personal knowledge, research sources, and primary research you conduct. Evaluate sources based on authority, objectivity, and currency. Identify relevant factual statements, examples, expert opinions, elaborations, comparisons/contrasts, and quotations for your speech while avoiding
Search Party - Internet & Social Media Search Tricks that Will Improve the Wa...Marian Madonia, CSP
Use these models to be a master at doing internet & social media searches. Whether using Google, Bing, Yahoo, LinkedIn, or another search engine, these tips will help you dig deep to find what you need. Created by Marian Madonia, CSP
This document outlines an agenda for a meeting between a financial advisor and a potential client. The advisor will determine if the client needs financial planning services and if they are a good fit to work together. They will discuss the advisor's collaborative approach to financial planning called Dream > Plan > Track. The advisor will provide an overview of their credentials and experience in financial planning. They will also identify the client's financial priorities, goals, risks and concerns to develop a comprehensive plan.
The document discusses key concerns that keep business owners and decision makers up at night, including financing retirement, ensuring business continuity, and attracting and retaining employees. It addresses these concerns through integrated strategies involving risk management, employee benefits, business succession planning, and personal financial planning. The goal is to help decision makers develop a comprehensive plan to protect their business and secure their own and their family's future.
This presentation introduced Vortex by means of a running example. Throughout the presentation we will show how Vortex makes it easy to build a micro-blogging platform a la Twitter.
The document provides examples of usage for various English prepositions such as "in", "on", "at", "under", "behind", "between", "above", "below" and "towards". It describes the spatial relationship between different objects using prepositions, such as "the boy is hiding behind the door", "there are eggs in the basket", and "the athlete is walking up and down the steps".
This document provides information about various portfolio samples, including brochures and websites for Spirit of Scotland Awards, Inverness Museum & Art Gallery Gaelic exhibits, Aberdeen Convention Bureau conference venues, and Sovereign Dimensional Survey corporate website. It also mentions an Aberdeenshire Council water initiative for schools.
The document discusses reasons why blogging and friends are positive. It mentions that blogging is fun, interesting, great, and surprising, and that friends are crazy, funny, weird, and great to hang out with. The document appears to be notes for a multi-page PowerPoint presentation.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive function. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms for those who already suffer from conditions like anxiety and depression.
The Fire Department of New York City document contains information on letters of recommendation, newspaper articles about the department, recruitment and diversity efforts to join the force, and details on their training program for new firefighters.
Overcoming Speech Apprehension refers to reducing the fear and anxiety experienced when public speaking. Symptoms include anticipation anxiety before speaking, a surge of anxiety when beginning, and gradual decline of anxiety after starting. Better preparation and skills training can help minimize nervousness, and listeners may not notice if a speaker feels nervous. Practicing speeches in different styles like conversational, impromptu, scripted, and extemporaneous can help build confidence.
The Halloween party will be held on Saturday, October 31st from 7pm to 11pm at 123 Main Street. Guests are encouraged to wear costumes and prizes will be awarded for best costume. Refreshments including pizza, snacks, and drinks will be provided throughout the evening.
The document summarizes the history of the free software and open source movements. It discusses early hacker culture at MIT, the founding of the GNU project and Free Software Foundation by Richard Stallman, the development of Linux by Linus Torvalds, and Eric Raymond's analysis of open source collaboration in "The Cathedral and the Bazaar." It also covers diversity between the free software and open source communities and the impact of open source software.
The document discusses accounting in the knowledge economy. It covers topics such as the definition of a knowledge economy, types of intangible assets, current methods for measuring intangibles like direct, market capitalization, and return on assets methods, and the need for updated accounting principles to properly account for intangible assets which make up most of companies' current market value. It also compares traditional accounting income formulas to ideal formulas for knowledge businesses.
Accounting provides essential information for organizations to make decisions and measure performance. It identifies, measures, records, and communicates financial information. The accounting process allows organizations to determine value created through transformations of resources and profits earned. However, accounting relies on assumptions and constraints that could impact profit calculations if invalid. Management selection of accounting policies can affect financial statements and influence economic consequences and stakeholder perceptions.
[Slidecast] Modeling the Shared Value of Industry CollaborationSustainable Brands
In this session, John O'Connor, VP Sustainability Research, Gaia Metrics (formerly, World Bank, IMF) suggests a model for applying models typically used to value "own account intangibles" like capitalized R&D and brand equity to industry or shared intangibles, such as pre-competition collaboration and supply chain information systems. Case studies from diverse industries (computers & electronics, pharmaceuticals, textiles & apparel, mining, and alcoholic beverages) will be used to show how shared or industry wide intangibles can play a significant role in shareholder value, in some cases exceeding the contribution of the company's purchased or own account intangibles.
These case studies will be used to propose a tentative typology for how businesses seem to use industry intangibles to maximize shareholder value. Topics for discussion include how businesses seem to use industry intangibles to maximize shareholder value, how examples presented might apply to other industries, and how the value of industry collaboration might be connected to income and expense data, to support return on investment metrics.
Economic revival measures stimulus-cost of inactionJAYARAMAN IYER
My letter to PM: Economic Revival Measures - Stimulus Package - Cost of Inaction
If India has to succeed in implementing the stimulus package it will be based on measuring the ethical assets we create. In my book I describe Knowledge is the goal of ethics. I explain the same as below:
For example, from the US, the Food and Drug Administration (FDA) Modernization Act of 1997, before being enacted, solicited comments from all the stakeholders, including the public, globally. FDA rules are rules, where a rule expresses the truth and when it is being certified to have been followed as prescribed, then it justifies conduct. That truth is ethics and that conduct is knowledge. Therefore, knowledge is the goal of ethics.
I also mention that The knowledge base is empty now. That is, the knowledge of conduct. It is universal. Steering the economy without ethical assets, the result of good conduct, being created would be very difficult. By adopting the suggestions given I am confident the stimulus package announced would be of immense benefit to our country.
The document discusses key aspects of financial management for entrepreneurs and businesses. It outlines the objectives of financial management as providing needed funds for business operations under favorable terms and ensuring effective utilization of funds. It also describes various functions of financial management including finance services, control, and financial analysis. Financial analysis involves calculating ratios to evaluate working capital, profitability, capital structure, short-term and long-term creditors. The knowledgeable entrepreneur recognizes that financial accounting is based on past transactions while much of their work involves planning for the future.
Anne Jeny - Catedrática de Contabilidad y Control de Gestión en ESSEC Busines...Fundación Ramón Areces
El martes 27 de febrero Anne Jeny realizó una conferencia referente a los retos del reconocimiento de los activos intangibles, impartida en la Fundación Ramón Areces y en colaboración con la Cátedra UAM-Auditores Madrid de Información Financiera Corporativa.
CSR Research and Corporate Sustainability
In our obscurity - in all this vastness - there is no hint that help will come from elsewhere to save us from ourselves. It is up to us. - Carl Sagan
Last week FM Nirmala Sitharaman announced many an incentive to India Corporate, sharp cuts in corporate taxes among many more. It was followed by a CSR incentive to allow corporate India to use their mandatory CSR spending on publicly-funded incubators for R&D.
PM Modi tells investors to ‘come to India’ to aid $5 trillion GDP Goal, offering a 4-D Advantage Model of growth - Democracy, demography, decisiveness, demand.
In this paper I present data of past, strategy plan 2024 and how present be tackled. Corporate India has work in their hands, to compete with China. It is imperative that India gets its share of FDI in course of chasing the dream of $5 trillion economy. It’s hard. CSR way is the right way. Accumulating Ethical Assets is going to be crucial in attracting foreign investment.
This document provides an overview of key concepts in accounting. It discusses the three components of accounting - identifying, measuring, and communicating business activities. It also covers basic accounting concepts like the double-entry system, going concern assumption, and accrual basis. Accounting standards in the Philippines are also mentioned. The objectives of general purpose financial reporting and the qualitative characteristics that make information useful are summarized as well.
This document outlines the background, problem statement, objectives, hypothesis, and methodology for a study on working capital management at Arabian Industries LLC. Specifically:
1) The background provides context on working capital and its importance for business operations and financial health.
2) The problem statement identifies key issues like determining optimal levels of working capital components and financing sources.
3) The objectives are to maintain appropriate working capital levels and availability of funds, as well as ensure working capital does not negatively impact profitability.
4) The hypothesis is that working capital helps business goodwill and creates an environment of security, confidence, and efficiency.
5) The methodology will involve understanding working capital concepts, components,
Nirmala seetharaman stimulus package who will spur the growth - corporate g...JAYARAMAN IYER
Nirmala Seetharaman Stimulus Package - who will spur the growth - Corporate Governance or Management Quality?
Check your premises, Nirmala Seetharaman?
The same institutions, the same corporate juggernauts are the ones we would be hoping to take India to a $5 Trillion Economy? Wishful thinking or shot in the dark? I am questioning the Government as to their wishful thinking because of the untrustworthy buccaneers? Modi 1.0 had ushered in a Qualitative Elements in Governance and hoping Modi 2.0 would ensure revenue, profits and growth. The fault lines are with the corporate and banking not with the government. Modi 2.0 priority ought to make sure questionable practices are out and so is ‘phone banking’? But how?
The document discusses intellectual capital management (ICM), which is defined as identifying and productively employing a company's intellectual capital to create economic value. This includes managing human capital, intellectual assets, and intellectual property. While theories have recognized the shift to a knowledge economy, ICM practices have been slow to translate into practice due to lack of consensus on definitions, management practices, and accounting. The document proposes a model for identifying and quantifying a company's intellectual capital in order to evaluate return on capital and explain differences between book and market values. It advocates expressing intellectual capital in monetary terms on a balance sheet format to make the information clear and meaningful to managers.
Case Study Delivering Major Public Sector Change Managing The Portfolio Reali...BPUG Congress
Interested in presentations like this? Attend the next BPUGcongress event in London. www.bpugcongress.com/
Research shows that many organisations struggle to manage their projects effectively, prioritize investment funds appropriately, and demonstrate a return on investment, in terms of strategic contribution or financial return. What’s the answer? Project Portfolio Management (PPM) is being touted as the next big thing, but the benefits are not automatic.
Stephen Jenner designed, implemented and operated the Criminal Justice System IT approach to Portfolio & Benefits Management in the UK. In this presentation he outlined the key issues to address if we are to maximize our chances of success, illustrated by examples from practical experience and research.
1) The document discusses intellectual capital (IC) and its relationship to university performance. IC includes human capital, structural capital, and relational capital.
2) It presents a study that examined the relationship between IC reporting and various measures of university performance (financial, educational, and research) at Islamic Azad University Qhorveh. The study found that IC reporting has a positive effect on all measures of university performance.
3) Traditional methods of evaluating corporate or university performance are limited because they do not account for intangible assets like IC, which is an important driver of productivity, efficiency, and profitability especially in knowledge-based organizations.
Hul cream report why-ratings_are_far_lowerJAYARAMAN IYER
Addressing the issue raised: “I was pretty intrigued going through the presentation which you have prepared on Hindustan Unilever Ltd. Having gone through the presentation I should also share the information that HUL was given the most coveted Corporate Governance award by the Institute for the year 2011. However the grading given by you on all the parameters seems to be far lower than what the Institute felt in awarding Corporate Governance Award.- ICSI Institute Member”
Clarification include Letter to PM on how methodology was arrived and how CREAM™ Report can be applied for Country Ratings.
Introduction to Capital Budgeting Pamela Peterson, Florida S.docxnormanibarber20063
Introduction to Capital Budgeting
Pamela Peterson, Florida State University
O U T L I N E
I. Introduction
II. The investment problem
III. Capital budgeting
IV. Classifying investment projects
V. Cash flow from investments
VI. Operating cash flows
VII. Putting it all together
VIII. Practice problems and questions
I. Introduction
As long as a firm exists, it will invest in assets. Indeed, a firm invests in assets to continue to exist, and
moreover, to grow. By investing to grow, a firm is at the same time investing to maximize the owners'
wealth. To maximize the wealth of a firm's owners, its managers must regularly evaluate investment
opportunities and determine which ones provide a return commensurate with their risk. Let's look at
Firms A, B, and C, each having identical assets and investment opportunities, but that:
o Firm A's management does not take advantage of its investment opportunities and simply pays
all of its earnings to its owners;
o Firm B's management only makes those investments necessary to replace any deteriorating
plant and equipment, paying out any left-over earnings to its owners; and
o Firm C's management invests in all those opportunities that provide a return better than what
the owners could have earned had they had the same amount of invested funds to invest
themselves.
In the case of Firm A, the owners' investment in the firm is not what it could be as long as the firm has
investment opportunities that are better than those available to owners. By not even making investments
to replace deteriorating plant and equipment, Firm A will eventually shrink until it has no more assets.
In the case of Firm B, its management is not taking advantage of all profitable investments --
investments that provide a higher return than the return required by its owners. This means that there
are foregone opportunities and owners' wealth is not maximized.
But in the case of Firm C, management is making all profitable investments, maximizing owners'
wealth. Firm C will continue to grow as long as there are profitable investment opportunities and its
management takes advantage of them. And Firm C represents most large corporations: continually
making investments and growing over time.
II. The investment problem
Capital Investments
Firms continually invest funds in assets and these assets produce income and cash flows that the firm
can then either reinvest in more assets or pay to its owners. These assets represent the firm's capital.
1
Capital is the firm's total assets and is comprised of all tangible and intangible assets. These assets
include physical assets (such as land, buildings, equipment, and machinery), as well as assets that
represent property rights (such as accounts receivable, notes, stocks, and bonds). When we refer to
capital investment, we are referring to the firm's investment in its assets.
The term "capital" also has come to mean the fu.
This document provides an overview of key accounting concepts and principles. It discusses the three components of accounting - identifying, measuring, and communicating financial information. It also outlines the basic purpose of accounting to provide useful economic decision-making information. Some key topics covered include the conceptual framework, elements of financial statements, recognition and derecognition of items, measurement bases such as historical cost and fair value, and basic accounting concepts like the going concern assumption. The document serves as an introduction to foundational accounting concepts.
Similar to Planning and budget measuring by return on intangible (20)
The document summarizes a management development program on corporate governance launched on LinkedIn. It discusses measuring corporate performance using principles of corporate atomic structure and return on intangible assets. This enables creation of corporate governance reports on a common scale. It also discusses the importance of board responsibility and ethical leadership in ensuring corporate sustainability, as seen in cases like Tata-Cyrus Mistry and Infosys-Vishal Sikka. The program emphasizes that in the current industrial revolution, boards must empower the entire workforce and apply principles like changing metrics to daily changes in growth rates.
The new global brand name corporate citizen2JAYARAMAN IYER
This is the same but I have removed the music background from the files I posted a couple of days back with the same name.
I present here the salient points of my book via youtube. There are two parts to it 1. Intellectual Value Capital and 2. Action Value Capital. The first part expresses succinctly how the book is created that you can use it for you and your company where you work. The second part is your action, based on how the book could assist you.
1. The interesting aspect would be the difficulty you have put yourself in establishing 'Goal Congruence'. In reality, you guys are fighting among yourselves instead of energizing each other. It's is going to be an important aspect of management you must deeply think and CHANGE.
2. There's an SAP Case study. It does mention other companies too. Take note of it for all companies to correct themselves and get moving for the phenomenal growth of yourselves and the company you work for.
3. Regarding Country rating? Talking of $5 trillion economies? Suggestions to Rating companies and the switching on your triggering device. The New Global Brand Name - is YOU - THE CORPORATE CITIZEN.
Based on my IPR: Inactivity Based Cost Management—Copyright, Govt. of India, Copyrights Office.
Book Launch via LinkedIn
I am pleased to launch my book: Corporate Citizenship and Sustainability: Measuring Intangible, Fiscal, and Ethical Assets. [The-Book] URL: https:// bit.ly/32nBVep via LinkedIn.
How to hasten india's economic recovery nclt and covid19?JAYARAMAN IYER
How to hasten India’s economic recovery - Caught between NCLT and COVID-19 ?
Firstly, I present the four-issue areas selected from my Book, Return on Intangible, Measuring Fiscal and Ethical Assets, due for release in June 2020 from the US:
1. DIY kit for Corporate and government,
2. What does Society Teach?
3. A spontaneous urge to action rather than inaction, and
4. the attrition of ethical values.
Then my proposal for India Corporate, under the headings:
1. EPP - efforts per person,
2. Creative Process and Action Process,
3. Strategy Plan 2024,
4. Ratings facilitates consolidation,
5. Prepare a consolidated CREAM Report 2024, and
6. Fix it, fix it comprehensively the WuhanLab Syndrome.
Creamchain the dawn of the data management dynamicsJAYARAMAN IYER
CREAMCHAIN - The dawn of the Data Management Dynamics
I thank LinkedIn to have taken the trouble of releasing the names of the visitors to my last three posts. Surely it gave me insight into who the visitors are? But I have been resisting the call for making my Linkedin to a Premium Account that have lot of advantages. However, I am happy posting my posts to the public and I am equally happy many companies whom I am not connected to, visit my pages. The last one was to my satisfaction, in that respect.
Here I have posted a different post - CREAMCHAIN - The dawn of the Data Management Dynamics. It’s a combination of my CREAM Report and Blockchain. Please do have a look at. The last one is a challenge to companies like Google, IBM, Microsoft or SAP. And also to very many techies. If you are ready, I am.
One of the big 6 audit firms - bdo - rocks - way to goJAYARAMAN IYER
One of the Big - 6 Audit Firms - BDO - Rocks - Way to go
In the context of finding a solution when Audit Profession is at a low ebb, I see an oasis in a desert. I found Global Review 2017 Your BDO, an interesting document in resolving the issues raised on account of substandard Audits.
BDO seems to be on a good pedestal. The Technology Direction BDO has undertaken goes hand in hand with A&A - Audit and Assurance as well as Technology Advisory. It augurs well for both.
My analysis of BDO is a step ahead to include advancement and mastery over Sustainable Value System. This definitely calls for a different set of approach in structural change in client companies. It is imperative.
Measuring Ethical Assets will be of considerable importance in placing Corporate in the path of growth. Bring Ethical Assets Premium Account in Balance Sheet is the answer for committed Auditors and Corporate alike. Measuring by Corporate Governance is the solution.
Bring ethical assets premium account in balance sheet and eradicate corpora...JAYARAMAN IYER
This document proposes bringing Ethical Assets into corporate balance sheets through an Ethical Assets Premium Account. It details a case study of an alliance between 30 farmer producer organizations (FPOs) representing 40,000 farmers and 30 industrial units. Policies like UNCAC adopted by the FPOs and industries would be valued and credited to their respective Ethical Assets Premium Accounts based on their implementation as measured by a CREAM rating system. This could value the collective Ethical Assets of the FPOs at Rs. 90 crore and the industries at Rs. 120 crore, totaling Rs. 210 crore in the Ethical Assets Premium Account. Auditors would certify the calculations. The proposal
One page report rfp - project fiscal - digitalisingJAYARAMAN IYER
RFP Software - CREAM REPORT - Database - Project FISCAL
1. FPOs/Farmers - Database would be: [2] In the Value Chain
* 40k Farmers, land holding, sector composition - oilseeds, rice, wheat, pulses, yield etc.
* Strategy Plan 2025 - CAGR - Convert CAGR to CDGR [Daily] and Track progress.
* Implement Growth and Earnings by CREAM.
* Responsibility be with the FPCs [GujPro]
* CREAM Report by Individual Farmer.
* CAGR gives the Targets and CDGR the Daily Progress.
* M in CREAM is Management Quality, a repository of Standards. Identify relevant Certification for each Farmer and apply practicing such standards - Crop Production Systems.
ONE PAGE REPORT - Project FISCAL
Rating: FARMER- INDUSTRY - SOCIETY & CONSOLIDATE - AGRI - LEADERSHIP: Return On Intangible
Project FISCAL connects Farmer - Industry - Society the three CCP - Critical Control Points in the Value Chain, Consolidating Agri Leadership in Indian Economy. It’s a single powerful sector giving the platform to stabilise multi-functional aspects of India’s GDP.
CREAM Report to start with, of 45k Farmers connected to Industry and Public would enhance a win-win situation within this Value Chain to Funding Agencies and to the GoI. Pro-active policy changes and commitment forward is to each individual, produce, area and time, in Project FISCAL.
ONE PAGE REPORT [OPR] ~ Farmer - FPO-FPC-RI-VNKC-Kiosks-eCommerce
Consequent to an assignment from VNKC Group of companies a good opportunity has arisen to bring in the concept of Return on Intangible to a Farmer. The OPR explains the modus operandi.
Kunal Kotecha of VNKC is the initiator bringing into fusion farmers and the end users of the produce. Is a great initiative coming from a Fairtrade and HACCP enabled pvlc. IBCM is happy to join him ushering in Corporate and Quality Governance to his unit as well as the Agriculture sector. CREAM enabled Farmers and Corporate would ensure MEASURING the National Policy set by GoI on “FOR THE PROMOTION OF FARMER PRODUCER ORGANISATIONS”. [FPOs]. Met GujPro who manage 30 FPOs/45,000 farmers directly.
IBCM is the catalyst bringing standards implementation among farmers who will be tracked by a common denominator - Intangible - by reference to their Adhaar Card #. A win-win formula as stated in OPR.
It’s my pleasure to begin a great journey with Kunal. Confident we shall connect the dots.
Self-Inquiry
The GRACE of Accounting Firms - 1977 vs 1995
The Book takes you back to 1977 when nothing was hunky-dory. "No profession has suffered a more painful drop in public esteem than accounting; in recent years, accountants have been regularly criticized for failing to expose corporate shenanigans, and have been sued for allegedly certifying misleading company earnings reports. Four SEC complaints were filed against Peat, Marwick, Mitchell & Co., onetime auditor of such tarnished firms as Penn Central and National Student Marketing and a giant of the profession. Walter E. Hanson, 48, a former railroad accountant and senior partner (chief executive) of Peat, Marwick since 1965, moved to restore confidence by volunteering to have his company’s procedures audited by colleagues from competing firms.”
1. Inactivity Based Cost Management - IBCM
1. Activity has a Cost Incidence, Inactivity has a Cost Consequence - Measure Cost Consequence, Now, Now, Now. This is the Main Principle of IBCM.
2. Inactivity arises when there’s no EFFORT being put in. Is a Human failure.
3. DO NOT POSTPONE THINGS FOR TOMORROW.
4. When Strategy Report 2025 mentions areas of targets and Growth Rate is ascertained, then get the CREAM Report done on targets achieved or not achieved, on a Daily basis
5. Strategy Report 2025 should have these elements clearly set, what each person is meant to do Today, tomorrow and every day to the future. Then only it’s called a Substance of Quality.
6. It enables to reach the targets set and to keep moving forward.
7. There’s no Annual or Quarterly Budget created. Strategy Plan 2025 will have all elements within, measured by a CREAM Report on a Daily Basis.
8. There’s no ‘post facto’ Variance Analysis. Inactivity of each person is created on a Daily Basis with an Index of Inactivity.
9. Cost Consequence of one single task, one single person of non-performance is measured instantly.
10. Corporate shall surely enjoy the Corporate ODI Cricket game where the demands of the Society are met by performance of targets set and tasks undertaken.
3 day workshop transformation towards self-governanceJAYARAMAN IYER
There is an urgent need to arrest the deterioration in Corporate Management. IL&FS is the latest - IL&FS Scandal: SFIO uncovers grave irregularities on corporate governance and financial parameters, says report - Moneylife.
Similarly after the Volkswagen fiasco one has to look at when Hermes EOS, the stewardship division of Hermes Investment Management, calling for an overhaul of the management and corporate governance culture at Volkswagen. Subsequently I wrote another article in Slideshare: Who failed Volkswagen, is it Corporate Governance or Management Quality?
https://www.slideshare.net/jayaraman.18/who-failed-volkswagen-is-it-corporate-governance-or-management-quality
My book Return on Intangible - Measuring Corporate Fiscal and Ethical Assets: CREAM Analytics of Policies, Practices and People, precisely expounds the theory of Return on Intangible that shall MEASURE Corporate Governance differentiating with Management Quality. This 3 Day Workshop for those interested companies may contact me, as given in the last page of the 3 Day Workshop Details.
Herein I place below the Buyout Process as mentioned in Investopedia and what my book CREAM Analytics suggests to implement: this would be useful for Buyout Management.
Addressing the big lie of strategic planning - or is it the big flawJAYARAMAN IYER
I enjoyed listening to Roger Martin. They are fundamental to our understanding of Strategy. Although I keep quoting Deming “It isn’t necessary to change, survival is not mandatory’”, considering the NPAs and the corporate falling like 9-pins I urge Corporate to action rather than inaction, “Change, change, change Corporate, change the denominator.”.
Who failed infosys, Corporate Governance or Management Quality?JAYARAMAN IYER
Infosys recently has to go through what Volkswagen and Tata Sons had to in the near past, change at the top. This article brings out the difference in understanding Corporate Governance and Management Quality vis-a-vis insight into Infosys. What steps Infosys take becomes crucial as to how they bring the abstractions into reality, how they acknowledge value where value is due, and how they deconstruct what is valueless. The article offers a solution as to how to measure Intangible. Recommends Return on Intangible as the main management tool instead of Return on Investment.
Volkswagen, toshiba and industrivärden a way to goJAYARAMAN IYER
In continuation of my offering a measuring device for Corporate Management Operating System I am pleased to post this fourth paper in Slideshare in the series what gets measured gets managed.
This post offers the measuring device, under the banner Volkswagen, Toshiba, Industrivärden - A way to go!
Can Matthias Müller's top priorities steer Volkswagen back on track?JAYARAMAN IYER
Matthias Müller, Chairman of the Board of Management of Volkswagen Aktiengesellschaft, has announced the five key steps to realign the Group. “We have to look beyond the current situation and create the conditions for Volkswagen’s successful further development”, said Müller in Wolfsburg on Wednesday. He presented a five point plan that he intends to use so that Volkswagen remains one of the world’s leading automobile manufacturers in the future. Müller is confident that “Volkswagen will emerge from the current situation stronger than before”. He announced that the cornerstones of the Group’s Strategy 2025 will be presented next year.
Can Matthias Müller's top priorities steer Volkswagen back on track?
Read on.
Who failed Volkswagen, is it Corporate Governance or Management Quality?JAYARAMAN IYER
This paper is in line with the dictum 'what gets measured gets managed', second in the series on Volkswagen. Corporate Governance is one of those loose jargon floating for quite some time in Corporate world. On Volkswagen fiasco that rocked the corporate world immediate reaction was to buttonhole on this jargon as the culprit. Is it so? Have a look at this paper and please do react.
Ask not why VW failed to measure upto, Ask why am I grappled with How To Meas...JAYARAMAN IYER
Correcting the fault lines apparent in Volkswagen needs fundamental change of corporate restructuring.
Ethics is subtler than the subtle that aligning Fiscal Responsibility to Ethical Responsibility is a challenge only a few companies are structured to undertake. Spreadsheet structure is an anomaly.
Let us watch how Volkswagen takes it?
The APCO Geopolitical Radar - Q3 2024 The Global Operating Environment for Bu...APCO
The Radar reflects input from APCO’s teams located around the world. It distils a host of interconnected events and trends into insights to inform operational and strategic decisions. Issues covered in this edition include:
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Explore the details in our newly released product manual, which showcases NEWNTIDE's advanced heat pump technologies. Delve into our energy-efficient and eco-friendly solutions tailored for diverse global markets.
Storytelling is an incredibly valuable tool to share data and information. To get the most impact from stories there are a number of key ingredients. These are based on science and human nature. Using these elements in a story you can deliver information impactfully, ensure action and drive change.
The Genesis of BriansClub.cm Famous Dark WEb PlatformSabaaSudozai
BriansClub.cm, a famous platform on the dark web, has become one of the most infamous carding marketplaces, specializing in the sale of stolen credit card data.
How are Lilac French Bulldogs Beauty Charming the World and Capturing Hearts....Lacey Max
“After being the most listed dog breed in the United States for 31
years in a row, the Labrador Retriever has dropped to second place
in the American Kennel Club's annual survey of the country's most
popular canines. The French Bulldog is the new top dog in the
United States as of 2022. The stylish puppy has ascended the
rankings in rapid time despite having health concerns and limited
color choices.”
Industrial Tech SW: Category Renewal and CreationChristian Dahlen
Every industrial revolution has created a new set of categories and a new set of players.
Multiple new technologies have emerged, but Samsara and C3.ai are only two companies which have gone public so far.
Manufacturing startups constitute the largest pipeline share of unicorns and IPO candidates in the SF Bay Area, and software startups dominate in Germany.
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The Most Inspiring Entrepreneurs to Follow in 2024.pdfthesiliconleaders
In a world where the potential of youth innovation remains vastly untouched, there emerges a guiding light in the form of Norm Goldstein, the Founder and CEO of EduNetwork Partners. His dedication to this cause has earned him recognition as a Congressional Leadership Award recipient.
Brian Fitzsimmons on the Business Strategy and Content Flywheel of Barstool S...Neil Horowitz
On episode 272 of the Digital and Social Media Sports Podcast, Neil chatted with Brian Fitzsimmons, Director of Licensing and Business Development for Barstool Sports.
What follows is a collection of snippets from the podcast. To hear the full interview and more, check out the podcast on all podcast platforms and at www.dsmsports.net
[To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
This presentation is a curated compilation of PowerPoint diagrams and templates designed to illustrate 20 different digital transformation frameworks and models. These frameworks are based on recent industry trends and best practices, ensuring that the content remains relevant and up-to-date.
Key highlights include Microsoft's Digital Transformation Framework, which focuses on driving innovation and efficiency, and McKinsey's Ten Guiding Principles, which provide strategic insights for successful digital transformation. Additionally, Forrester's framework emphasizes enhancing customer experiences and modernizing IT infrastructure, while IDC's MaturityScape helps assess and develop organizational digital maturity. MIT's framework explores cutting-edge strategies for achieving digital success.
These materials are perfect for enhancing your business or classroom presentations, offering visual aids to supplement your insights. Please note that while comprehensive, these slides are intended as supplementary resources and may not be complete for standalone instructional purposes.
Frameworks/Models included:
Microsoft’s Digital Transformation Framework
McKinsey’s Ten Guiding Principles of Digital Transformation
Forrester’s Digital Transformation Framework
IDC’s Digital Transformation MaturityScape
MIT’s Digital Transformation Framework
Gartner’s Digital Transformation Framework
Accenture’s Digital Strategy & Enterprise Frameworks
Deloitte’s Digital Industrial Transformation Framework
Capgemini’s Digital Transformation Framework
PwC’s Digital Transformation Framework
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Navigating the world of forex trading can be challenging, especially for beginners. To help you make an informed decision, we have comprehensively compared the best forex brokers in India for 2024. This article, reviewed by Top Forex Brokers Review, will cover featured award winners, the best forex brokers, featured offers, the best copy trading platforms, the best forex brokers for beginners, the best MetaTrader brokers, and recently updated reviews. We will focus on FP Markets, Black Bull, EightCap, IC Markets, and Octa.
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Digital Marketing best practices including influencer marketing, content creators, and omnichannel marketing for Sustainable Brands at the Sustainable Cosmetics Summit 2024 in New York
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2. Overhaul Budgeting by 180°
Corporates and Governments have come to depend on Budgets as a
primary tool for setting growth targets.
Reeling under Corporate Toxic assets and government impaired assets,
people are looking for a way out.
People contribution to Provident Funds, Mutual Funds, Pension Funds
of hard earned money of over 40 years constitute the biggest chunk of
funds available for market investment.
Only a few corporates have sustainable energy on whose capability
Market rests.
Overhaul Budgeting by 180° is to bring to fore capable trustworthy
companies where People can invest confidently, at a time investments
in public equities are at historical lows. How? By measuring RoI of
companies: turning 180° from Return on-Investment to Return on-
Intangible.
2
3. Opposite Value - at 180°
Truth involves completely opposite values; then only, it can be Truth.
In the subject-object distinction of corporate management Balance
Sheet represents the man-made objects and their characteristics. The
subject responsible for creating them comes as a footnote of a
signature.
Both subject - object have energy - pulsating energy of the subject and
non-pulsating energy of the inanimate objects, one is creative and
the other inert.
Market dances according to the tunes set by inanimate objects that slip
into oblivion by the closing bell. Market stability is attained by
measuring the opposite values i.e. pulsating energy of corporate
management.
Truth is Balance Sheet hides it.
3
4. Resource energy
Notwithstanding the accounting convention of asset or liability,
inanimate objects that occupy a Balance Sheet, inert, sitting smugly
unaware of the rest, are bound up with huge energy waiting to be
liberated.
By itself an object cannot liberate the energy unless a collision takes
place triggered by the pulsating-energy. That pulsating-energy is
common from a potter to a nuclear scientist, the cause that would
trigger the release of the respective non-pulsating energy.
Corporate Management has only one source of energy which is
pulsating-energy. That energy is Intangible.
Intangible job description is a. Create Infrastructure, i. Policies, ii. Value
System and iii. Inanimate objects and b. liberate energy from
inanimate objects in infinite succession of finite purposes.
Intangible is the only resource area for creative process as well as
action process of corporate management.
4
5. Value ~ Valueless
Infinite succession of finite Inanimate objects give an impression of
being in motion but indeed they change from one static frame to
another, by the impact of Intangible.
Huge energy is bound up in every object, bigger the mass bigger the
energy. A toxic or impaired asset has no mass and has no energy.
Balance Sheet is a convoluted process of exhibiting self-deception.
What is crucial is to bring the abstractions into reality, acknowledge
value where value is due, and deconstruct what is valueless.
5
6. Intangible - A hole-in-one
St. Augustine: "What art thou doing,
my child?"
"I mean to empty the sea into the
hole," answered the child, busily
going backwards and forwards with
his spoon.
By Subject - Object distinction of
Management, entire data of World
Economy is compacted in a small
hole of Intangible, arriving at a
single rating (0-5), where the rating
represents m mass in the equation
e = mc² where
e is the Intangible, the energy force.
Objects
(Subject) 6
9. 1. Budgeting - Balance Sheet
ii. RoI - Return on Intangible
1.Between 1998 when Grand Metropolitan and Rank Hovis McDougall,
decided to include the value of brand names in their consolidated
Balance Sheets, [Ref. 1], through Sep. 1998 when IAS 38 was
published and the financial crisis in 2008, in May 2011 frustration was
evident: “It is not clear that the so-called GAAP standard is even
particularly meaningful anymore: companies continue to search for
beneficial ways in which to disclose information about themselves with
or without formal sanction.” [Ref. 2].
2. RoI - Return on Investment is: Numerator - inanimate object &
denominator - same = 0 (zero)/ 0 (zero) = 0 (zero)
3. RoI - Return on Intangible: Numerator - Intangible present or absent (1
or 0) & Denominator - Intangible (1) = 1 or 0 (zero)
4. A Corporate or a Government is an inanimate object by itself. Material
events result in adding mass to the organisation.
9
10. 1. Budgeting - Balance Sheet
iii. Emotional Value Capital - Action Process
Budgets, by corporates as well as governments, that are prepared with lot
of care, focus on objects.
Not surprisingly in the competitive spirit of corporates emotions run high and
in majority of cases create toxic assets than adding mass. Governments
on the other hand convert good intentions to wasteful expenditure and
broken promises, for the lack of any emotion.
Return on Intangible turns the attention on the action process of
management of objects. Optimal rating does not guarantee the non-
existence of toxic assets or impaired assets. What is needed is the
Intellectual Value Capital, a firm footing on Quality, to ensure RoI is
reliable.
Without Quality Corporates will find stranded in Emotional Value Capital
bereft of value, as many many are.
10
11. 2. Planning - Intellectual Value Capital
i. Creative Process
1. Budgeting - Quantitative Elements - is an Action Process of
Management, measured by Emotional Value Capital.
2. Planning - Qualitative Elements - pertains to creative process of
Management, measured by Intellectual Value Capital.
•
The end product of a creative process is a tangible substance:
The beginning, subtle and non-existence.
3. Intellectual Value Capital.
– Intellectual Value Capital represents Quality of Corporate
Management and the cause of Emotional Value Capital,
establishing unique relationship with every single Object.
– Policies are rated by Intellectual Value Capital.
– Practices are rated by Emotional Value Capital.
11
12. 2. Planning - Intellectual Value Capital
ii. Corporate Atomic Structure
Intellectual Value Capital: is fixed assets or Corporate Atomic Structure
proton of Corporate Atomic Structure.
Intellectual Value Capital
•
IPRs, Patents, Policies created are the basis -
of Practices to follow. +
•
has the same Resource Team of 5
categories but of managerial emphasis. +
-
•
6 stages to become a substance. Nucleus
+ Proton Policies
•
like Proton that has 1836 times the rest
mass of an electron, has huge energy Neutron People
•
has the same characteristics waiting to be - Electron Practices
liberated to release the energy - that rests on
Intangible. Emotional Value Capital
12
13. 2. Planning - Intellectual Value Capital
iii. Rating (0 - 5)
1. Policies 2 Value System
Management Quality Human Rights
Accounting Quality Labour Rights
Corporate Governance Environmental
Risk Management Anti-Corruption
Resource Team Material Events
1. People
2. Managerial
3. Technology
KPIs
Creative Process Action Process
4. Operational Intellectual Value Capital Emotional Value Capital
5. Finance Measuring Policies & Measuring adherence to
Value System Policies & Value System
13
14. 3. Intangible Value Capital
i. what really matters is m the mass
1. Intangible Value Capital: Rating of 0 to 5 indicates the mass added,
from bottom-up granular data for each Block of 5 KPIs.
2. Derived from Emotional Value Capital and Intellectual Value Capital.
3. Policies and Value System rated independently give strength to
Practices.
4. A company with optimised level of Profits at 5, by Madoffing and
Enroning will find Intellectual Value Capital at 0 (Policies at 0 and
Value System at 0). Intangible Value Capital will result in rating of 1.
Resource Team Intangible Value Capital
1. People
2. Managerial
3. Technology
KPIs
Creative Process Action Process
4. Operational Intellectual Value Capital Emotional Value Capital
5. Finance Measuring Policies & + Measuring adherence to /2
Value System Policies & Value System
14
15. 3. Intangible Value Capital Resource Team
1. People
ii. People 2. Managerial
KPIs
3. Technology
4. Operational
5. Finance
1. Material Energy: Is the energy liberated by Intangible, the only source to
a Corporate Management.
2. People from Society do not influence the Corporate Identity but add
mass to it, by their presence in each block of 5 KPIs.
3. Profits, Policies and Value System averaged together form the
optimum Rating of 5 as Intangible Value Capital.
4. Pension Funds of USD20.1 trillion built by individual's contribution of 40
years savings would necessarily sway the Fund Managers to invest in
corporate equity in the market on companies with a rating of 4 above of
Intangible Value Capital, in order to improve from the current negative
return of -3.
15
16. 4. Knowledge Management Process Areas:
Financial Accounting, Management
i. Return on Intangible Accounting, Human Resources,
Manufacturing, Supply Chain
Management, Project Management,
Marketing, Data Services
1. Integrate Profits to Policies and Value System, measuring EPS,
Management Quality, Accounting quality, Risk Management and
Corporate Governance.
2. Relate each process area to Resource Team of 5 KPIs in a single block.
i.e. each goal is shared by 5 member team.
3. RoI - by each block, by i. Resource Area and ii. Process Area
4. Relate Valuation and Compensation by mass added to each block.
Resource Team Intangible Value Capital
1. People
2. Managerial
3. Technology
KPIs
Creative Process Action Process
4. Operational Intellectual Value Capital Emotional Value Capital
5. Finance Measuring Policies & + Measuring adherence to /2
Value System Policies & Value System
16
17. 4. Knowledge Management
ii. Occupy Wall Street
1.RoI - Return on Intangible - by Subject - Object distinction brings home
where energy is created.
2. People Participation - Balance Sheet data provided to the public
encourages insider trading and hides toxic assets. Intangible Value
Capital brings in People Participation by recognising in each block the
importance of People as the numero uno of investment in Corporate
Equity, directly as well as through Pension Funds.
3. Public Reporting: Higher RoI companies will take the place in Wall
Street pushing the lesser mortals however big they are now. Intellectual
Value Capital Rating will dominate, assuring sustainability of business
growth and profits.
4. 3 Ps - Policies, Profits, People will move forward, together.
5. Occupy Wall Street: With Pension Funds looking at Intellectual Value
Capital at optimised rating of 5, companies with Intangible Value Capital
rated 4 & 5 shall inevitably, Occupy Wall Street.
17
19. Reference
Ref. 1: Accounting for brands in ED50 of IASC [Intangible Assets] compared with French and German practices –
An illustration of the difficulty of International harmonization.; For Presentation at the 19th Annual Congress of
the European Accounting Association Bergen, Norway, May 2-4, 1996; Dr. HerveL Stolowy and Dr. Axel Haller
page 7
Ref. 2: “Global Competition and Collaboration” New Building Blocks for Jobs and Economic Growth: [Conference
sponsored by OECD, Athena Alliance, Kauffman, The Conference Board, McDonough School of Business
Georgetown University and the National Academics] 4.16 Page 5
Ref. 3: CRISIL's Roopa Kudva: 'It Is Very Important for Rating Agencies to Be Transparent, Published: June 02,
2011 in India Knowledge@Wharton, http://knowledge.wharton.upenn.edu/india/article.cfm?articleid=4613
Ref. 4: Review of the OECD antibribery instruments: compilation of responses to consultation paper: 31 March
2008, Deloitte Touche Tohmatsu
19