CorporateMOM,
Corporate Management Orbiter Mission.
Podcast Episode #69 Self-Governance Template for Decision Making – Follow-up 3-Day Workshop
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SOS Governance Ratings System – Proposal
Self-Governance Template for Decision Making
Continuing my effort to propagate the SOS [Subject-Object-Self] Governance Rating System I have been interacting with company Managers. One company director requested that I send the SOS Governance Rating System Proposal for one of the companies he represents. I have given his company my proposal.
The proposal I have placed here sans the company’s name, inserting [Your Company], is a template for decision-making by Self-Governance.
I have included two pages from my Podcast Episode #59, Budgeting for Roadmap for India 2047, sector-wise GDP in India [2022-23] and the projected GDP 2030-31. You can see the growth in Agriculture – Forestry-Fishing; Industry – Mining & Quarrying [note-huge growth], Manufacturing, Electricity-Construction, Transport etc. Note the substantial reduction in the services sector and Public Administration.
Self-Governance
Former managing director (MD) Khushru Jijina & others paid Rs43. 55 crore to settle a case of insider trading. In this context, let me quote from Review of the OECD Anti-Bribery Instruments, March 31, 2008, “Siemens’s code of conduct was described by Joseph Murphy (Corporate Compliance and Ethics Professional) as the “read, laughed and filed code “. ” Whether it is Volkswagen, Siemens, IL&FS, LIC participation in it, Satyam Computers, GE even after KPMG was sacked after 120 years as statutory Auditors, SVB, Credit Suisse, the list can go on to realize there is no corrective action taken to uncover the truth and lessons learned—such a waste of human energy. India cannot afford such people at the helm of affairs of a company. DIY now. Inactivity has a cost consequence.
So what does Piramal Capital Housing Finance Ltd want to do?
Currently, I am advising a business acquaintance based in Mumbai with years of experience in Nigeria. Squandering of the riches of Nigeria is a real basket case. But Nigeria’s Minister for Agriculture Abubakar Kyari on July 10 said the Federal Government would suspend duties, tariffs, and taxes on the importation of maize, husked brown rice, wheat, and cowpeas through the country’s land and sea borders, for 150 days. So who would fit in to participate in the Agri Revolution expected from Nigeria or take India’s GDP to $5 trillion in 2030 and US$20 trillion in 2047?
Self-Governance Template for Decision Making is for individual companies that make Viksit Bharat 2047 a reality. Piramal Capital Housing Finance Ltd must go for it, clean the stable, then they can participate in India’s growth. Same recommendation to others.
Banks, VC Funding, M&A, PE
Insist for SOS Governance DD before funding. NPAs be avoided—a win-win situation for the Investor-Investee relationship. The economy will grow. That’s what I mean by Self-Governance Template for Decision Making. Let me set the tone for you with Dr. W. Edwards Deming’s famous quote ‘It is not necessary to change. Survival is not mandatory.
Follow-up Self-Governance Template for Decision Making
3-Day Workshop
To streamline the ego system aligning to the ecosystem: 3-Day Workshop – [Subject-Object-Self] SOS Governance Due Diligence
Day 1: Concepts explained.
Day 2 is for Practice of Management.
Day 3: Strategy Plan 2030.
SOS Governance DD Framework enables you to become a fit unit to progress. An IPO, an expansion, bidding on a World Bank Project, Climate Bonds, VC Funding, or Government Contracts, not your Fin DD or Vendor DD, would provide the necessary Investor Assurance. Be ready with SOS Governance DD, which justifies your conduct. The primary outlook of the stakeholders is on how you govern and establish a sustainable value system in your company.
PS: I have included a copyrighted video [last part] that displays my presentation only from YouTube, but functions well. What the video looks at is from Raj Kapoor’s Shree 420. Let us enjoy our tradition and will surely look at the best from others. My mission is to spread the SOS Governance DD for all companies. You are welcome. I will conduct the 3-Day workshop for you.
The most important of my work is EPP – Effort per Person. Let us change.
Regards,
Jayaraman
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