A risk-adjusted compensation framework for bankers should include the notion of a referential base salary cap, tied to a percentage of the bank's capital reserves. 1. Base Salary e.g. 0.1% tied to Capital Reserves (Eigenkapital) 2. Risk-Adjusted Performance Bonus (30%) 3. Deferred Performance Bonus Compensation (30%

Input legitimacy & output legitimacy are concepts used to evaluate the legitimacy of political systems, governance or institutions. These terms focus on how a political entity gains and maintains authority from the perspective of both how it functions and the results it produces. Input legitimacy focuses on the process, i.

This end-to-end SIPOC model incorporates the use of AI multi-agent systems for Public Services access via a Single Point of Contact (SPOC) and supporting a client-server architecture. Each process step leverages AI agents to handle user requests dynamically, making the system efficient, intelligent and user-friendly while providing seamless access to

Maximize U(K) = f(W, P, C, S, T) U(K) represents the utility or overall objective of the king (denoted as K). This utility is a function of various factors that contribute to the king's goals and desires, such as wealth, power, control, stability, and time. 1.

This SIPOC map outlines the innovative contributions & impact of some tech giants to society for better or worse. 1. Bill Gates (Co-founder of Microsoft & Philanthropist) Innovating in software, expanding Microsoft, managing philanthropic efforts, developing global health and education initiatives 2. Elon Musk (CEO of Tesla, SpaceX & other

The basic laws of human life and activities can vary depending on cultural, philosophical and societal contexts, but here are a few general principles that tend to apply across most societies and belief systems. 1. The Law of Cause & Effect (Karma) Action taken by the individual (positive or negative)

How can AI solution providers leverage SIPOC to make their AI processes and AI systems more transparent and accessible to both stakeholders and the general public ? The SIPOC methodology can be a powerful tool for mapping data flows in an AI system. When applied to AI systems, SIPOC helps visually

A Functional AI Literacy SIPOC is a high-level map that represents the core elements necessary for AI literacy as it pertains to understanding and utilizing AI systems. This SIPOC map does encompass the key functions needed for individuals to become AI-literate, focusing on the knowledge and skills required across various

This SIPOC process model outlines each step of the Transaction Data Lifecycle with events as the start and end datapoints. The lifecycle begins when an event triggers the initiation of a transaction and ends when the event-related transaction data is processed, stored, and finalized. The transaction data lifecycle can be

The objective function for smart AI-powered public services aiming to provide better quality at lower cost while being more responsive to citizens' requests can be defined as a mathematical or conceptual expression that captures the goals of efficiency, effectiveness and responsiveness. In the context of public services, the goal

Which Public Services will still be required in the intelligent age and if so in what form ? Envision taking it to the next level from autonomous driving to self governance and self governing public services by Agentic AI. 1. Healthcare Services agents for diagnosis, treatment, surgery, preventive care, emergency response,

The goal of this process framework is to promote a streamlined, secure and innovative environment that encourages the growth of exportable tradable services across borders. A management system to govern and promote the export of tradable services based on technological advances like AI and blockchain will need to address several

Goals set in the AI objective functions directly shape and govern the AI risk-return management process in the financial industry. The objective function in AI risk-return management should seek to balance risks & returns, ensure regulatory compliance and optimize portfolio performance in alignment with stakeholders' goals. Key Objective Functions

SIPOC notation Suppliers > Inputs > Process > Outputs > Customers is a valuable process modeling & mapping tool, particularly in the context of agent-based modeling (ABM) and its design from source to AI model to destination: 1. Stakeholder-Oriented Model: In ABM, agents represent different stakeholders or entities with specific

Quality in the value chain is defined as the consistent, reliable and efficient delivery of a final product or service that meets or exceeds customer expectations at every stage. Each stage of the value chain contributes to the final quality through a multiplicative effect, where the quality at each stage

Process management focuses on the entire value chain (resources, cost & time, etc.), while quality management focuses on the output and ensures that products & services meet customer requirements in terms of quality. The value chain must thus ensure that all products & services meet or exceed the defined customer

Implementing a successful government efficiency program like DOGE requires careful planning, strong leadership and above all a commitment to transparency and accountability. Human centric AI can play a significant role in making a government efficiency program successful by helping to improve service delivery, streamline operations and reduce costs in different

Incorporating blockchain technology into an agent-based model (ABM) for end-to-end visa application processing can add a layer of security, transparency and immutability to sensitive visa application data. Blockchain can provide a decentralized ledger for tracking the entire visa application lifecycle, from submission to approval or denial, ensuring that all interactions

An agent-based model (ABM) is a computational model that simulates the interactions of individual agents within a system to understand how collective behaviors emerge from these interactions. In the context of processing e.g. Schengen visa applications end-to-end through to visa approval or denial, an agent-based model could represent various

Recycling PET (polyethylene terephthalate) water bottles offers a range of important environmental, economic and societal benefits. 1. Environmental Protection * Reduction in Plastic Waste: PET is one of the most commonly used plastics for water bottles. Recycling helps to significantly reduce the amount of plastic that ends up in landfills, rivers,

What do you care about and what will our government leaders care about ? A national economy consists of several key components that interact with each other to facilitate the production, distribution and consumption of goods & services. 1. Households: These are the consumers who purchase goods and services, provide labor

Events in an Event-driven Process Chain (EPC) are used to model business processes, particularly in the context of workflow management. EPCs can serve as a framework to design, visualize and manage the behavior of Agentic AI systems, helping to define their responses to events, the logic behind their decision-making and

This AllinOne stakeholder oriented SIPOC process & data model for an AI agent process demonstrates how AI functions from receiving data and inputs to generating outputs and serving customers. It helps to understand how AI integrates into broader systems and contributes to achieving desired outcomes. The core functionality or workflow

1. Process flywheel A process flywheel refers to a concept often used in business, management or operational contexts to describe a system or process that continuously builds momentum over time. Just like a mechanical flywheel stores energy and releases it smoothly, a process flywheel in a business setting gains increasing