Posts Tagged ‘Boards and investment committees’
For boards and investment committees: what to require on record before approving a purchase, and how to check it later.
In the book: Chapter 1: The Illusion of Value (1) · Chapter 2: The Broken Value Flow (1) · Chapter 4: The Information Asymmetry Collapse (1) · Chapter 5: Advisory Is Not Enough (1) · Chapter 9: The Value Control Loop (1) · Chapter 10: The Buyer Governance Pyramid (1) · Chapter 11: Outcome Credibility Markets (1) · Chapter 17: VIGOR: Governance and Realization (1) · Chapter 21: Decision Artifacts That Govern Outcomes (2)
Maryland Renewed an Unfinished System Without Telling the Board
Maryland’s attorney general’s office renewed a software contract without telling the state board the system was unfinished. The audit’s fixes check deliverables and invoices, and none asks whether the system fit each unit.
Read MoreBusiness Cases Budget the Software and Assume the Change
The cost of changing how people work rarely appears in an investment case. Written down as conditions the business agrees to meet, it can be staffed and budgeted before approval and checked at the review afterward.
Read MoreAccounting Rule Makers Are Cutting a Test of Whether Deals Worked
The International Accounting Standards Board proposed that companies disclose whether an acquisition met the targets they set on the day they bought it, and that is the line now proposed for removal.
Read MoreNew C-Suite Roles Coordinate Strategy but Own None of the Results
The market’s newest answer to the alignment gap is a C-suite seat that owns none of it. Alignment is not agreement, and custody is structural or it is absent. Rebuild the table.
Read MoreEvery Executive Claims to Sign Off on AI Purchases
August survey data shows every executive seat naming itself the signer of AI purchases, while unowned decisions double one level down. No assignment exercise settles contradictory claims. A buyer’s record does.
Read MoreThe Numbers Behind Big Purchases Are the Only Ones Nobody Audits
Revenue has recognition criteria. Earnings carry personal certification. Cash flow forces a reconciliation. The numbers that justify enterprise purchases carry none of it, and no standard requires them to.
Read MoreThe Purchases Your Approval Process Never Sees
Every buying organization governs spend, approvals, and contract terms. Almost none governs attention, which decides what ever reaches those controls. Value that never enters evaluation leaves no record at all.
Read MoreIn Due Diligence, Value You Can’t Prove Gets Priced as Risk
Value governed by a standard is legible in the data room; value that lives in someone else’s method gets priced as a risk, or leaves at renewal.
Read MoreOverseeing What AI Produces Is Already a Legal Duty
The obligation to oversee what the machine produces is already law. The only open question is whether it is discharged by a standard or left to whoever is willing to hold the…
Read MoreAppointing a Chief AI Officer Won’t Make AI Deliver
The argument that survives is not which role should own the machine, but whether the value flowing through it is governed by a standard the buyer holds.
Read More