Setting standards is an intrinsic imperative of creating metrics in the face of non-linear change whilst static influences are tangibles which often yield benefits through the process of satiation; something that enables not only astute decisions but also propels a wholesale adoption of ‘new standards’ that collectively a) drives competitiveness and b) influences the regulation of adopting something that may seem counterintuitive but is actually quite a viable proposal given that it reflects the application of “prescriptive” opposed to “branded” compromises.
This comes down to something I spotted in the Australian Financial Review today which yearns for the need for accounting standards to unify and to enable trust in the information systems which create these standards that not only allow chief executives to more effectively discern financial statements but also work better for the interest of the external shareholders who demand so much from people at the helms of organisations – where past decisions may not have reflected the best interest of the organisation and this marvels the incumbents realisations through their imposition of “complex rules on off balance sheet derivatives and/or financing accounts” that not only blurs meaning for less skilled participants on the front line but also tacit individuals at the top who have carved this framework in which reporting takes place from the genesis of their system or organisation.
Someone once told me that the core principals of accounting are quite easy to understand – through the medieval creation of the ‘double entry book system’ but the manner in which the elements of ‘risk management’ and what is known as the ‘articulation of the financial statements’ have changed in the past ten years has been more than four-fold; which is indicative of external influences in the system that is either filtered as chaos or something that is instinctively genuine.
Don Tapscott himself in his book The Naked Corporation encapsulates the force of ‘transparency’ which also ties in with the notion of ‘emergent order’ in any type of organisation that creates this type of outlook – which was also well defined and explained in his interesting book Wikinomics.
This notion of trusting information systems is validated from my observation of a series of “Air Crash Investigations” where the pilot was swayed in an ash storm by feeling he was tilting left when the information systems clearly identified the aircraft was going right – something which was only uncovered through the post-crisis investigation that unveiled the focal point of illusion or the deficiency in the human intellect that is a fragmentation of a military and autocratic style of management; something that really doesn’t work in today’s management setting – especially when individuals are being ‘micro managed’ in the corporation which is an epic failure to the true notions of the N-Gen; who are primarily immersed in satisfying their development plans whilst also alternatively interested in adding true value to the organisation in which they are either participating from the start or as their career succession initiatives change over time. Isnt that a strange way to think bout it? Surely is! This is what defines the vantage point of thealphaswarmer project.
Hello ,
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I’m also interested in this topic and have recently started my journey as young entrepreneur.
I’m also looking for the ways on how to promote my website. I have tried AdSense and Facebok Ads, however it is getting very expensive.
Can you recommend something what works best for you?
Would appreciate, if you can have a quick look at my website and give me an advice what I should improve: http://janzac.com/
(Recently I have added a new page about FutureNet and the way how users can make money on this social networking portal.)
I have subscribed to your newsletter. 🙂
Hope to hear from you soon.
P.S.
Maybe I will add link to your website on my website and you will add link to my website on your website? It will improve SEO of our websites, right? What do you think?
Regards
Jan Zac