CorporateMOM
Corporate Management Orbiter Mission.
Podcast Episode #78 Record Societal Changes. by MeRIT
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Podcast Episode #78 – ICGI Series #02
Record Societal Changes – I 4.0 Stats by MeRIT – Measure, Record, Implement, Track
Corporate Governance is going to be the primary platform by which companies are going to be watched.
In this context ICGI Series #02 – Record Societal Changes – I 4.0 Stats by MeRIT – Measure, Record, Implement, Track., shall bring in the critical data creation for a company’s operations that is identifiable to the National Grid of Governance Data.
For series #02 I give a detailed analytics on Statistics, firstly I shall bring to your attention what Bibek Debroy, stated, “Supporters and critics agree on the urgent need for reform in India’s statistical system. It’s time for The Ministry of Statistics and Programme Implementation [MOSPI] to address concerns with the statistical system seriously. So we shall.”
That reform must start from Industry. A single company’s data must be identifiable to the National Grid of Governance Data. GDP as well as GNH. So will be a produce data of a single farmer identifiable to an FAO stats. That’s the reform I am presenting here. That’s the purpose of ushering in The Institute of Corporate Governance of India.
In this presentation I give:
1. I advocate for integrating GDP (Gross Domestic Product) with GNH (Gross National Happiness) metrics to provide a more holistic view of development and progress. Recording of Societal changes is made possible.
2. There’s a call for reforming India’s statistical system to provide more timely, accurate and relevant data for policymaking and economic planning.
3. The concept of “Effort Per Person” (EPP) is introduced as a way to measure and optimize individual and team performance, particularly in sectors like agriculture and MSMEs.
4. I discuss the potential for India’s agricultural sector to grow from $450 billion to $1 trillion, emphasizing the role of Farmer Producer Organizations (FPOs) in achieving this goal.
Note: I have retained the benefits of the 3 Farm Bills, Modi introduced.
5. There’s a focus on transitioning to a green economy, with emphasis on opportunities for MSMEs in energy transition metals and reducing dependence on fossil fuels.
So Recording of Societal changes shall begin from Corporate and then build up to GDP and GNH.
Happy New Year 2025 for bettering Gross National Happiness Index.
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