A Carlyle Group news release stated:
Global investment firm Carlyle (NASDAQ: CG) today announced that it has agreed to invest in Ingentis Group, a leading provider of organisational charting, design and analytics software. As part of the transaction, the existing Ingentis management team are substantially reinvesting and will continue to lead the company.
Founded in 1997 in Nuremberg, Germany, Ingentis provides software that enables organisations to visualise, design, analyse, and plan current and future workforce and organizational structures to enable enterprises to continuously improve their organizational effectiveness.
The management guru who originated continuous improvement. Dr. W. Edwards Deming, decried leveraged buyout organizations, the former name for what is now called private equity. Deming railed against their impact on constancy of purpose and their abandonment that a key aim of business is to provide jobs.
Deming died before private equity underwriters (PEU) rose to policy making billionaires and became primary influencers in our nation's capital. The Carlyle Group purposefully located in Washington, D.C. to mobilize political influence and tap Uncle Sam's wallet.
Why would Carlyle buy Ingentis? Simple. AI.
Carlyle wants to replace people with AI within its stable of affiliates. And it wants to take advantage of other companies who wish to do likewise.
Think of AI like the early COVID pandemic when people in China were falling out in the streets. Carlyle went on to develop a strong COVID platform. With Ingentis real humans will be falling out in the workspace. Carlyle wants to profit big from that.
Dr. Deming was also big on operational definitions, measurement, data and statistical analysis of that data that makes sense in the real world. He often said the most important measures for management are unknown and unknowable.
I would love to hear Dr. Deming's view of Ingentis' methods for cleaning and preparing data for visualization but that is likely proprietary information, like PEU investment fees.
Dr. Deming thought management could learn from customers and the people doing the work. That notion is long gone. It seems like executives everywhere are imposing top down slogans and exhortations, making it clear worker knowledge is not wanted/needed and that loyalty and submission are absolutely required for future employment.