Ultimate Access Podcast

Anju De Alwis

Join international speaker and Managing Director at Ultimate Access Anju De Alwis for a series of informative podcasts. Anju invites you to explore the world of blockchain technology, and its integration to business management from season 5 of this podcast.To book a FREE one to one session with Anju go to the website www.ultimateaccess.net and send a contact request.You can also send a mail to anju@ultimateaccess.net read less
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Season 5

Pieter De Bruyn -  Connects social media, web 3.0 & education
Jun 12 2022
Pieter De Bruyn - Connects social media, web 3.0 & education
In this podcast, we get a glimpse into the amazing journey that Pieter took, from humble beginnings in South Africa to incredible successes in the corporate world. Watch the video version of the podcast  to see a walkthrough of the WingStudio platform as well. Getting degrees in Construction Management, Quantity Surveying and Law, allowed Pieter to get started in the corporate world, but he was not happy working an 8 to 5 job. After realizing that this does not need to be the case, he decided to help impact other people’s lives, by helping them realize their strengths which lay dormant. Looking at the extremely concerning unemployment statistics for South African youth, which is sitting at 65%, he decided to start WingStudio with 3 co-founders to help the youth of today find employment. Having traveled widely, he recounts his experiences in Vietnam, where he met people in the outskirts of the nation, and felt the need to help them find and reach their potential. This was one of the formative experiences that was behind the development of WingStudio. Attending the event called Suits and Sneakers, gave Pieter the idea for a platform for teaching people how to manage their formal and informal lives better. The need for a platform for the youth to showcase their talents, where the youth can consistently post about their activities, and show their transferable skills to employers is what drove the development of WingStudio website. The basic idea is that even day to day activities, something as simple as baking a cake, has transferable skills attached that perhaps an accountant might need, namely, attention to detail. Putting the proof into these skills from even mundane tasks is what the movement is all about. Pieter says that the team is also working towards incorporating Blockchain to validate posts from users. Please use my social links below if you would like to know more about Web 3.0 projects or would like to connect with me.LinkedInanju@ultimateaccess.net
Education in the Metaverse - Arvind Voruganti
Jun 12 2022
Education in the Metaverse - Arvind Voruganti
Emergence of the creator economyIn this episode of our podcast, we have Aravind and Prateek, to tell us more about an exciting space which has evolved very recently,  that is, Education in the Metaverse. Aravind heads the blockchain products of IDS as VP and also leads the Hyperledger (One of the leading enterprise blockchain networks) governance, risk and compliance group. Their company IDS, boasts an impressive portfolio of achievements, as they have  production grade blockchain application. Their array of exciting projects include a blockchain solution for verifying the credibility of certificates and work with the central bank to create a digital currency. IDS  has a partnership with the Indian Council for Technical Education, which has given rise to their own bespoke Metaverse called Polyversity. Their array of exciting projects include a blockchain solution for verifying the credibility of certificates and work with the central bank to create a digital currency. So why should we use the metaverse for education?  You can watch the video recording here  & you will be able to see the Education Metaverse.The next generation needs to be a creators, says Aravind. With Polyversity, educators will have an open content marketplace that can potentially transform the way we learn and teach.A Metaverse is where each university owns their own node, and will have a  Metaverse land, with each student having their own decentralized identity is the future that Aravind and the team at IDC envisions. To listen to the full podcast, and experience a VR tour of the Metaverse built by IDC, click here.Please use my social links below if you would like to know more about Web 3.0 projects or would like to connect with me.LinkedInanju@ultimateaccess.net
Blockchain Revolution: Shaping the Future of Education and IT Governance with Aravind Vogante
Nov 21 2023
Blockchain Revolution: Shaping the Future of Education and IT Governance with Aravind Vogante
Aravind Vogante, the Vice President of IDS, joins the conversation and talks about how AI, big data, and blockchain are changing the IT landscape. They discuss the potential of blockchain to validate and verify information in a world filled with false information. Aravind explains how blockchain can address governance issues in AI systems by allowing multiple stakeholders to participate in decision-making processes. He also discusses how blockchain can be used for student credit investigation management to prevent fraud and streamline background verification processes. Additionally, they talk about using blockchain for digital education resource service supply mode to create a marketplace where organizations can easily provide educational content to academic institutions. They mention collaborative development modes of public service platforms as another use case for blockchain technology in higher education.Polyversity is building an educational metaverse called Polyverse City, where universities can build their campuses. They are expecting at least 40+ universities and 100,000+ students to collaborate in this virtual space. To ensure credibility and trust, they are implementing a decentralized identity layer for verification before collaboration. The use of blockchain technology can accelerate collaborations and business processes. This academic paper provides real-life examples to support these concepts. Please use my social links below if you would like to know more about Web 3.0 projects or would like to connect with me.LinkedInanju@ultimateaccess.net

Season 4

Peripheral Vision - Kasun
Feb 5 2021
Peripheral Vision - Kasun
‘You can see the future best through peripheral vision’. Nicholas Negroponte.In this podcast episode, I  invited Kasun, a senior finance manager in the oil and gas industry to share with us the concept of ‘Peripheral Vision’ the need to detect market trends and weak signals beyond an organisation's line of sight. By taking a birds eye view of the macro environment we are able to see beyond our normal boundaries.The results of a survey conducted by the Fuld-Gilad-Herring Academy of Competitive Intelligence found that a whopping 97% of business executives said that their companies lacked an early warning system, this serves to highlight the need for a peripheral company vision. Invest in your self and explore new learnings, click here and register your details to find out how Ultimate Access can be your learning partner.Peripheral vision also highlights the need for an improvement  in the approach to risk mitigation strategies. By actively scanning the periphery, the organisation is able to identify early triggers and weak signals which the competition missed and act proactively to gain a first mover advantage. However, managers must also be careful not to fall prey to confirmation bias and unconsciously filter information to support the current strategy being pursued.According to Kasun, the problem with weak signals is that it often comes across as noise and is therefore ignored to focus on better or more immediate operational needsThe other issue with looking at the periphery is information overload. The massive lakes of data which are available to a manager means that selecting the relevant data and generating insight can seem like a Herculean task. So what business decision makers of today need is a helicopter factor, or the ability to rise above the immediate situation and identify weak signals from emerging trends in the macro environment Or what some people may call seeing round the corner or giving attention to what is on the edges of our core visionBy developing a helicopter (birds eye view)  factor in the boardroom, organisations can ensure that they avoid the business equivalent of tunnel vision.Mattel, Blackberry, Kodak, Nokia, Blockbuster and Yahoo are all examples of companies that fell prey to tunnel vision and lost their competitive advantage simply because they weren't focusing on the changing periphery of the competitive ecosystem that surrounded them.Please use my social links below if you would like to know more about Web 3.0 projects or would like to connect with me.LinkedInanju@ultimateaccess.net
Russell Raihan - Importance of managing Forex
Feb 21 2021
Russell Raihan - Importance of managing Forex
In an ever increasingly globalized world, exposure to foreign currency risk is something that needs to be kept in a firm's radar at all times. In this podcast, we have with us Russell Raihan, CFO of Knauf, an organisation which has operations in Europe, the USA, South America, Russia, Asia, Africa, and Australia.Operating in over 85 countries means that Knauf has a number of currency rates which need to be monitored and managed continuously. Russell shares with us what finance professionals need to keep in mind when managing both transaction and translation risk, and suggests the optimal ways to predict the foreign currency requirements of an organization. He also shares with us his views about the future of the accounting function and the need for accountants to move away from traditional debit and credit.When there are significant events which have a huge impact on the exchange rate, any business operating in more than one country is exposed to both transaction risk (the risk that the exchange rate may move adverse to its interests) and translation risk (the risk that adverse movements in the rate may result in negative impacts on the organisation's financial statements).It is a common fallacy to consider only the downside risk of forex. Any business which has the risk appetite necessary can engage in transactions with no hedging arrangements to take advantage of any gains that may arise from favourable movements in the exchange rate. There are many firms which do not hedge their risk because they believe that somehow the rate is going to move favourably. They view the volatility in the currency markets as an opportunity instead of a risk, and this view is not entirely incorrect. Invest in your self and explore new learnings, click here and register your details to find out how Ultimate Access can be your learning partner.Chris Towner, who heads and heads the European foreign currency risk management team at Chatham Financial, suggests a seven step approach to setting a foreign currency policy for your firm, in the FM Magazine article.The first step is to set out a strategy. He feels that the best time to do this would be in a neutral market.  The next step is to identify the overall exposure to risk. Further, quantifying the risk will help in determining the strategy. Next, the objectives need to be accessed and the responsibility for these objectives are to be assigned to someone. He feels that resting the responsibility on the CFO’s shoulders alone will not be best practice. This strategy which is created needs to be communicated to the whole organization so that they can adjust the credit and settlement terms to suit this strategy. The final step is to continuously monitor both the policy and the environment and fine tune the policy accordingly. Please use my social links below if you would like to know more about Web 3.0 projects or would like to connect with me.LinkedInanju@ultimateaccess.net
Jehan Perinpanayagam - CEO Infomate (Pvt) Ltd - John Keells Holdings
Mar 11 2021
Jehan Perinpanayagam - CEO Infomate (Pvt) Ltd - John Keells Holdings
Is the business of business - business? Jehan, CEO of Informate, would have to disagree. Informate is a Business Process Outsourcing (BPO) provider which pioneers unique industry systems and innovative models for BPO’s, under the John Keells group in Sri Lanka. Today we I to Jehan about some of the incredible work that they have done. One project Jehan holds particularly close to his heart, is the Rural BPO Project which involves taking BPO jobs to rural areas so that the youth do not have to migrate to urban areas for work. Utilising SAP servers, the work is distributed through the internet to eliminate the need to migrate.The advent of the internet has levelled the playing field and has helped reimagine the concept of work as we know it - essentially demolishing the barriers of time and location. Invest in your self and explore new learnings, click here and register your details to find out how Ultimate Access can be your learning partner.Informate even offered training to youth on SAP and accounting skills to ensure that their work meets the standards required. But saying that they offered simple training sessions would be a huge understatement. The mentoring process undertaken has been so effective and empowering that the youth in these remote villages have gone on to start a completely new business model where the business is owned by the employees themselves. This new BPO, called Ontime has even intrigued the Minister of Finance of Sri Lanka prompting a visit by him.Jehan says that the focus going forward is going to be on upskilling the youth to improve their communication and interpersonal skills so that they can take on wider roles.The concept of Impact Sourcing, which involves considering more than just cost and quality while selecting a supplier, is of paramount importance in the same context.Organizations of the 21st century should also consider the social benefits positive impacts and externalities created by the suppliers they select. For example, companies in the UK could outsource their work to Sri Lanka, giving them a high quality service at low cost, while creating jobs and transforming lives in the rural areas of the country.He shares with us the amazing impact the project has had by narrating an experience where he would visit the rural areas where the youth he found were working on SAP. The benefits of running such programs are only magnified by the fact that 90% of employees are women, and their senior leadership positions are predominantly held by women.Jehan concludes by saying that other countries can adopt this model to make a difference and that business leaders can positively impact their communities.He urges the listeners to consider the local impact sourcing from Sri Lanka, which incidentally, is already one of the largest pools of accounting talents in the world.  Please use my social links below if you would like to know more about Web 3.0 projects or would like to connect with me.LinkedInanju@ultimateaccess.net