Everything Connected 16 - The Heart of the Matter

Everything Connected 16 - The Heart of the Matter

"These times are so uncertain, There's a yearning undefined..." - End of the Innocence, Don Henley

In the prior 15 articles (and in subsequent ones), we have explicitly stated the purpose of of our company - why do we do what we do and what is our impact? In this article we want to underpin it with purposeful activity - our theme on mindfulness in business, and our perspective on societal concerns.

We often get asked - what is our position on Inclusion, Equality and Diversity, and our POV on ESG initiatives. As we progress with defining and detailing Numorpho Cybernetic Systems (NUMO), we believe that such beliefs should come from within the company's definition rather than imposed externally.

Mindfulness in Business

Herewith is our response on our aspects on Mindfulness in Business and our go forward theme of appropriation and inclusion that will be our hallmark as company. We have modeled this after the Buddhist Eightfold path that consists of eight practices, and we want these to be embedded as part of our core construct.

1. ADAPTABILITY - The Right View: The judgement you use to reflects on how you are running your business.?The beginning of the path is to see the world as it really is, not how we want it to be. The goal here would be to strive for excellence by adapting to the environment.

2. THE GOOD, THE BAD AND THE UGLY - Right Intention/Resolve: A strategy should cover a company's activities from different sides: financial planning, expansion into new markets, hunting for best talents and adopting technological advances.

  • Good - Understandable, Adaptable, Aligned with Business, Iterative, Cost Effective, Moderately future oriented
  • Bad - Unrealistic Ambitions, Underestimated Challenges
  • Ugly - Fragmented Ideas instead of Solid Strategy, Verbosity

3. MIND THE GAP - Right Speech: "Mind the gap" is an audible or visual warning phrase issued to rail passengers to take caution while crossing the horizontal, and in some cases vertical, spatial gap?between the?train?door and the?station platform.?In this context it is a caution to help avoid common pitfalls and mistakes that new enterprises typically make on their journeys. Doing technology is a mélange of people, processes, and platforms.

  • From people’s perspective we should be respectful of diversity in gender, color and other demarcations.
  • From a process perspective we should account for capability gaps.
  • From platform perspective we should be mindful of technical debt.

4. SENSE AND SENSIBILITY - Right Conduct/Action: Sense, in this case, is how consumers receive and engage with their environment, which they do with all their senses.?And sensibility refers to how brands need to be sensitive to the true and subtle nuances in consumers’ frame of mind. Embedded Accountability utilizing technologies like Blockchain will enable transactions to be honest, non-corruptible and having a single source of truth so that iterations in doing analysis can be prevented.

5. COST-BENEFIT ANALYSIS - Right Effort: A cost-benefit analysis is a process businesses use to analyze decisions. The analyst sums the benefits of a situation or action and then subtracts the costs associated with taking that action. The outcome of the analysis will determine whether the project is financially feasible or if the company should pursue another project. In many models, a cost-benefit analysis will also factor the opportunity cost into the decision-making process. Every aspect of every job has things we do not like to do, but the idea of Right Effort says that we do everything with self-discipline, honesty, benevolence, and kindness.

6. EMPATHY AND UNDERSTANDING?- Right Mindfulness: Cognitive restructuring refers to techniques to help recognize negative thinking patterns, so that they can?be “rewired”?to more positive and productive thinking patterns.

7. GOALS AND ACHIEVEMENT - Right Livelihood: Spiral Dynamics is a way of thinking about complexities and bringing some order and predictability to the apparent chaos. It provides a framework for tracking the evolution of the enterprise and a scaffold on which to stand while analyzing situations and planning the most appropriate actions.

8. PURPOSE AND MINDSET - Right Concentration: Purpose and Mindset are a subset intelligence that goes beyond just converting inputs into insights to enable action. It helps in delivering the most contextually relevant output whenever required.?

In The Role of ESG and Purpose, McKinsey & Company talks about their Enacting Purpose Initiative where they discuss a return to more balanced capitalism where we move from a shareholder perspective to more about interest in stakeholders viewpoints using 5 themes:

  1. Clarity on what matters
  2. Evidence of metrics
  3. Alignment to purposeful activity
  4. Informed Capital Allocation Decisions
  5. Standardization of Reporting

Our POV on Environmental, Societal and Governance Initiatives

Purpose and Environmental, Societal and Governance (ESG) issues represent critical challenges as companies progress in their growth strategies. They have been particularly salient since the COVID pandemic, which has forced corporations to scrutinize their responsibilities and role in society.

In conjunction with our approach on Industry 4.0/5.0, we also have an unparalleled opportunity to turn a flood of data into understandable information about our society and our planet. If we are successful, it will have broad societal and commercial benefits in areas such as education, decision-making for a sustainable future, land-use planning, agricultural, and crisis management. Our aim is to empower the creation of future Smart Cities by supporting clean and sustainable infrastructure development, enabling a diverse workforce, elevating brown field plans, and leading green field development by coordinating with ESG (Environmental, Societal and Governmental) initiatives, some of which are already underway in our roadmap.

We believe in the economic benefits of creating a sustainable infrastructure, capitalizing on adjacencies, and utilizing and serving the community will be validated and further refined using our products in the two projects underway. ?

This matches with our vision for Industry 5.0 to recognize the power of industry to achieve societal goals beyond jobs and growth, to become a resilient provider of prosperity by making production respect the boundaries of the planet and place the well-being of the human at the center of the process. It emphasizes on sustainability, human-centricity, and resilience along with all the tenets that defined Industry 4.0 and the revolutions prior to it. It moves focus from solely shareholder value to stakeholder enablement, for all concerned.

Founded in Chicago, IL in 2021, NUMO is a company whose vision is to utilize intelligent techniques to build smart, connected, and sustainable products by pushing the edges of engineering, technology, data management, AI, and cybernetics. We will be creating new Ideation techniques, enabling Industry 4.0 (for smart connectivity and robotic automation), and adding to it the Industry 5.0 (human-centric and sustainable products) framework for development, build and commercialization.

Chicago will be the beginning of our journey. Here is a statement by Daniel Burnham, Chicago architect (1864-1912) "Make no little plans. They have no magic to stir men’s blood and probably themselves will not be realized. Make big plans; aim high in hope and work, remembering that a noble, logical diagram once recorded will never die, but long after we are gone will be a living thing, asserting itself with ever-growing insistency. Remember that our sons and grandsons are going to do things that would stagger us. Let your watchword be order and your beacon beauty. Think big."

NUMO’s products and solutions will further flatten the world to make it more connected with the redistribution of talents and beauty in this vast space of the earth and in the Universe. They will be constant reminders of who we are, where we came from and where we are going. They will keep in step with the progression of technology, our new understanding of the universe we live in and our self-introspection of who we are. They will also account for all our inalienable rights, be mindful of our place in history, of our position amongst the living and the particles that constitute our being.

Next: Everything Connected Part 17 - Embracing Disruption

REFERENCES

For more information, please contact:

NI+IN UCHIL, Founder & CEO

Nitin is a Strategic Thinker, Product Engineer, Enterprise Architect, Technical Evangelist and Digital Transformer with 20+ years of experience in advanced technologies (aerospace & defense), product lifecycle management and knowledge-based engineering (automotive), business process redesign (manufacturing, telecom, compliance), ecommerce, analytics, data mining, front-end experience-driven design and digital architecture (retail, CPG, high-tech electronics, finance, insurance, food, media & entertainment and hospitality). More recently he has been creating a framework to enable the articulation of Big Data and Analytics using a themed, pragmatic and structured methodology.

Currently as founder, CEO and Technical Evangelist at Numorpho Cybernetic Systems, he is involved in theming the meld between the Physical and the Digital Realms and formulating the architecture for Industry 4.0, Industry 5.0 and creating smart and connected products and services.

Nitin has founded several successful companies, in past lives worked as a Principal Director in a large Consulting Company and in the Aerospace and Automotive domains. He holds a Master’s Degree from the University of Oklahoma and a Bachelor’s Degree in Engineering from the Indian Institute of Technology, Varanasi.?

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