Module 9 – Society for Corporate Neutron

ABC of CREAM Ratings

Auditors, Bankers, and companies concerned are yoked together but assessed independently of CREAM Ratings.

I4.0 the Fourth Industrial Revolution emphasizes two factors 1. Advanced Digital Technology and 2. Societal Change.

The point to note is that there is no separate Corporate Rating but only ratings of individuals that add up to a company rating. So Usain Bolts of each organization join the revolution – the fourth industrial.

Main lecture

CREAM Chain

The National Institute of Standards and Technology (#NIST) has published a paper on Blockchain Technology Overview. Under the head “Tamper-Evident and Tamper-Resistant Data,” it says, “Many applications follow the “CRUD” (create, read, update, delete) functions for data. With a blockchain, there is only “CR” (create, read).

CREAM Report and Blockchain, combined, establish ratings for a National Grid of Governance.

Book extract

Corporate Citizenship

Citizenship is always for individuals, not for an entity. To qualify for a Corporate citizenship, the men and women in each organization alone are entitled for it. It is therefore in order that the Creamchain contains individuals in the list of corporate citizenship, with the company they work for in a secondary list. Corporate citizenship is constant, the corresponding company is not.

Book extract

Gross National Happiness Index

Moreover, most conclusions of “happiness surveys” are usually based on information from WEIRD (Western, educated, industrialized, rich democracies) countries, limiting their credibility. In addition, people’s aspirations and standards change and there may be a happiness set point depending on an individual. Lastly, there are lingering doubts about taking happiness seriously. With much hardship, poverty, disease, war, and crime in existence, focusing on happiness may seem a luxury.

Luis Collantes, a UN Draft Report 2012: Book extract

Just and equitable society:

Author and historian H.G. Wells said, “Amidst the tens of thousands of names of monarchs that crowd the columns of history … the name of Ashoka shines, and shines almost alone, a star.” Ashoka’s regime, around 300 BC, was characteristic of ethical responsibility undertaken by the people and the government.

Book extract

Corporate Civilization

Module 9 is about structuring corporate civilization under 17 SDGs architecture, as per Project SEED.

Ashoka’s edicts – 11 challenges

1 State morality and private or individual morality
2 Policy of peaceful coexistence
3 Reform of the judicial system
4 Utilization of state resources for useful public works
5 Accessibility to the ruler, Ashoka
6 Welfare of its people
7 Human rights – compassion, moderation, tolerance, and respect for all life
8 Animal rights
9 Protection of all religions
10 Generosity to the poor
11 Well-learned in the good doctrines of other people’s religions