In continuation of my mission to establish ICGI – The Institute of Corporate Governance of India [As a Statutory Body under an Act of Parliament] I am presenting here the third part of the series CREAM Report – R Risk Management & Internal Controls – M&M Analytics.
Under Risk Management I present 5 criteria as set by M&M and under Internal Controls – COSO Framework.
We took upon Management Quality – The Board of Directors – Committees – SEBI – LODR 17-27 and Vigil Mechanism #22 of SEBI with M&M CoC implanted. These are governance rules and regulations set by SEBI and others.
Now with Risk Management under purview we are examining the quality set forth by companies. In this case study, it is from M&M. The biggest of all the risks is the lack of Accountability. So it is the Guidance Note companies must look at, to create a qualitative management operating system for setting standards under a variety of criteria as applicable to each company. Corporate Governance follows how the set standards are acted upon by EPP – Effort per Person so that Accountability factor is ensured. I have taken note of 5 such criteria set by M&M.
1. The Ratings System The 5 criteria analyzed are:
1. Water Security. The proposed system provides detailed data insights into individual and team performance, which could be valuable for company reporting, accountability, and optimizing employee productivity.
2. Carbon Emissions – The importance of setting clear targets with specific dates (e.g., carbon neutral by 2040) and tracking progress using CAGR and CARR (Compound Annual Reduction Rate) is highlighted.
3. Product Stewardship – clean automotive products, product improvement roadmaps, and new initiatives.
Three Risk areas are analyzed: 1. The importance of integrating economic, social, and environmental goals, 2. The status of R&D in the Six stages of Transformation and 3. Intangible Assets as to why it is a big financial risk as is now for India.
4. Health & Safety – The system aims with ISO 45001 to include: leadership commitment, worker participation, legal and regulatory compliance, incident investigation, and continual improvement, providing a healthy and safe working environment for their employees and visitors.
5. Sustainable Supply Chain – is proposed in a risk management system measured for Index of Inactivity by Process Areas [24 Process Blocks] and Index of Inactivity by Resource Areas of selected Suppliers with Suppliers rated on a 5-point scale for performance.
The 5 criteria are summarized as to the matrix by resource area and process area for 34 process blocks totally.
COSO Framework: Same as to Internal Controls of 5 process blocks is presented.
Essence of Economics lies in risk taking as the saying goes, go ahead take the risks, standardizing the corporate critical density benchmarks.
Regards, Jayaraman
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Vigil Mechanism – #22 – The critical SEBI Regulation for Corporate Governance Standards
Already I posted on this subject Vigil Mechanism – Replace Whistle Blower Policy with Corporate Culture. It was my Youtube video presentation that I was keen my voice being heard. True, many have heard it but the text and Tables were not properly displayed at all in the video that is more important than my voice. Hence, I have created a pdf presentation on the same subject with voice links and Transcript attached. You can download. pdf is better.
Vigil Mechanism #22 IMO is the most important in SEBI LODR – 17 to 27 and I find #22 is the least elaborated by SEBI. To quote from my voice message: Q: “It’s easy to see 38 people in Tata Steel have been sacked because CoC they did not comply with. I don’t think it is correct. What is very important, even in the football analogy there is a whistleblower who is the coach or the referee who blows the whistle and shows the red card. No, I don’t agree with that. UQ
I may add here “PM Modi comes down on non performers, asks ministers to retire any staffer in ‘public interest’ “
This is Theory X – managers use rewards and punishments to motivate employees.
My voice says: Q: This is what is very important the individuals, any number of individuals who are very good, doing extremely well, and the other guys. I created a team of five. One for ethical and four for fiscal responsibility people. These people help each other to come to get the optimum level of performance. Can come by knowing, my principle of Return on Intangible where the numerator is action or inaction and the denominator THE intangible. Intangible is a powerhouse, for each person, a potter to the nuclear scientist. If you go through the synapses and neurons that work in any ordinary human being I mean the mathematics is not available that’s what the neuro experts say which is more than that of the stars in the galaxy, for each person, for each janitor. Our capability, what we can do for anybody is something very great.
And number one is establishing corporate culture. That is the most important thing that I like to stress. You cannot give a protection to a guy, with a whistle-blowing policy by telling that you can be protected if you go to the chairperson of the audit committee. It will not happen. And it had not happened, as in the case of Enron long after they had been caught red handed. UQ
Peter Drucker, said that the purpose of an organization is to enable ordinary people to do extraordinary things. Give Gen Z their future. We are stuck with spot-jogging that tires you out but does not move forward. Take a change – SEBI?
Regards, Jayaraman
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In continuation of my mission to establish ICGI – Institute of Corporate Governance of India [As a Statutory Body under an Act of Parliament] I am presenting here the first part of the series:
CREAM Report, M, Management Quality – The Board of Directors – Committees – SEBI – LODR 17-27
Some of the Critical Control Points I would like SEBI to address:
1. Chapter IV states: “a listed entity having paid up equity share capital not exceeding rupees ten crore and net worth not exceeding rupees twenty five crore, para C , D and E of Schedule V shall not apply.” Why?
2. Governance is a dynamic function
The Board of Directors and the Committees function on an ex post facto principle. Cases such as Piramal Capital Ex-MD Khushru Jijina, Anil Ambani being banned from the securities market, the colo facility to TMs in NSE co-location Inquiry have clearly shown the ineffectiveness of an Audit Committee in an organization.
3. Role of CRAs:
By Dr. Veerappa Moily Standing Committee Report: The Committee noted on the Regulatory Framework that CRAs have progressed from rating simple debt products to complex debt structures, covering a wide range of products and services like securities, bank loans, commercial papers, and fixed deposits, but questioned the role of CRAs in overrating the entities.. Hence, LODR – Chapter IV should look into the capability of credit rating agencies in rating these instruments.
SEBI should seriously look into why Accountability remains a daydream and that ex-post-facto punishment is too late syndrome. Mere compliance certificate by Part B Schedule II is not sufficient. SEBI must look into strengthening the position of the Independent Directors very greatly ASAP.
The Board of Directors LODR 17 – 27 and Committees LODR 17 – 27 Analytics with Index of Inactivity by Process Area and Index of Inactivity by Resource Area for each is presented here.
Regards, Jayaraman
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My letter to PM: Measuring Corporate Governance. Recommending to Establish ICGI : THE Institute of Corporate Governance of India, [As a Statutory Body under an Act of Parliament]. I followed it up sending by eMail to the FM Smt. Nirmala SItharaman.
As I mentioned that we can take it forward as deemed fit in days to come from all stakeholders of good Governance. Let it take its own time now that I have got the ball rolling.
In my submission I have given a number of issue area including details of my work. Here as a follow-up I am providing with one part of my submission to the PM.
1. Corporate Atomic Structure
Being in the Accounting profession since 1966 I am fully aware of the limitation accounting faces managing corporate affairs. We have created a flat organization structure. A petty shop employing a clerk or gumastha of yester years uses a simple cash book. When it develops into a huge organization we continue to do the same like a spreadsheet adding one additional column for each fresh transaction. P&L and Balance Sheet are nothing but an expanded cash book.
The flat organization structure needs to be changed. Level playing field means the workforce as a whole are measured for individual perfomance, not limited to one CEO and 15 VPs. The hierarchical one-man call centre has failed. Workforce is the energy force, make the best use of them. As part of the proposal on corporate governance I am giving one-part – corporate atomic structure.
Take a look.
Regards, Jayaraman
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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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Seeking RBI – SEBI Approval for SOS [Subject – Object – Self] Governance Rating System
1. RBI – SEBI Approval: I herewith submit to RBI – SEBI for Approval of my proposal on the SOS [Subject – Object – Self] Governance Rating System. I am 81, hale and hearty, a Chartered Accountant, and a Research Scholar. I am mindful of taking a fresh rating system to India’s Regulatory Authorities for my empirical research study of corporate shows [warrants] a great demand from companies.
2. IBCM: My IPR is IBCM – Inactivity-Based Cost Management. Activity has a cost incidence whereas Inactivity is a Cost Consequence. Measure Cost Consequence, Now, Now, Now. That’s the main theme.
3. FEC Report: I aim to bring the FEC – [Fiscal-Ethical-cum-Co-Responsibility] Report as a mandatory framework for every company. In our normal parlance, the Balance Sheet of SOS [Subject-Object-Self] Governance matches individuals’ actions and inactions to work performance. This is applied with the advent of the SOS Governance Standards Rating System.
FEC Report Analytics consists of 200 process blocks, 12 Quantitative and 188 Qualitative elements of Management. SOS [Subject – Object – Self] Governance Rating System MEASURES the qualitative elements also.
This is made feasible by sciences incorporated for Corporate Management – Physics, Quantum Physics, and Metaphysics. The essence of an FEC Report is the sustainability of the value system within each company.
4. The everlasting Metrics and Benchmarks: The everlasting metrics bring the necessary measuring device and the everlasting benchmarks, set targets for growth, from nature. Everlasting metrics and everlasting benchmarks are a great boon for Regulatory Authorities, to track performance by SOS Governance DD 2030.
Everlasting Corporate Metrics mean it will last till our planet Earth operates. A plane here cannot fly on the moon, Saturn, or Mars. Metrics for other planets are different. So is the case for Corporate Metrics. Here on the Planet Earth Metrics created are well suited for Corporate. Then only Corporate Planes fly. You must realize the Corporate Planes are stuck on the tarmac. Apply Physics, Metaphysics, and Quantum Physics that SOS Governance offers.
5. Corporate ODI: For example, since March 2020, over two-plus trillion euros in climate bonds have been issued and financed through European Union climate bonds, necessitating ESG Ratings phenomena. Not ex-post-facto but ex-ante that SOS Governance DD delivers by MeRIT – Measure, Record, Implement, and Track. Corporate ODI is setting targets for Strategy Plan 2030, CAGR and CARR [Reduction Rate] are tracked daily with CDGR and CDRR.
6. Company Ratings linked to people performance: However, the Rating of companies is linked to the performance ratings of individuals within a company. Still, consolidating SOS [Subject-Object-Self] Governance ratings matching individuals’ actions and inactions to work performance completes the Index of Inactivity of process areas to the Index of Inactivity of the resource area. There is only one resource which is the pulsating energy of people.
7. Sengol: Rule expresses the truth and justifies our conduct. We have rules but no company justifies the conduct of its people. That is the critical area of knowledge database companies find themselves empty of. The New Parliament gets Sengol – scepter not to rule but to justify our conduct. It is systematically done with the work that brings Nari Shakti as women empowerment to measure and certify ethical and co-responsibility.
8. Volkswagen case study: My book analyzes the case study of Volkswagen. Taking the case study of Volkswagen the causality of corporate stability to instability, the stable and unstable conditions are extensively reviewed. Volkswagen is a good study highlighting how fiscal responsibility is essential for corporate stability but sustaining it on a longer-term, ethcial-cum-co-resposnibility factors are critical.
9. Women Empowerment: The study concludes the critical area of ethical -cum- co-responsibility is dependent on Women Empowerment.
10. CREAM Ratings: SOS Governance is being applied in CREAM Ratings. CREAM is for Corporate Governance Risk Management, Earnings, Accounting Quality and Management Quality.
11. HUL CREAM Ratings: HUL Ratings rated from 2007 to 2019, of 170 open-ended process blocks of qualitative and quantitative Corporate Management Operating System, give an interesting study. The empirical research study, of HUL by CREAM Ratings shows the trend more meaningful and insightful than a P&L and Balance Sheet analysis.
12. Mandatory Grading for IPOs (SEBI): It was a brilliant move by Mr. Damodaran to introduce mandatory grading for IPOs in 2007. “It is Sebi’s intention to press ahead with the introduction of the mandatory grading exercise.” But the intentions could not be transformed into a practice of management as it lacked the necessary theory of management. My two books: 1. Corporate Citizenship and Sustainability, with the subtitle Measuring Intangible, Fiscal, and Ethical Assets, is the Theory of Management; 2. CorporateMOM—Sustainability of Corporate Stability, is the Practice of Management, resolving the problems that the mandatory grading had to be discontinued, despite Damodaran mentioning, “The measure… is being decried in the hope that it would be discontinued.”.
13. National Grid of Governance: Several of my research papers that I shall make available to you for furthering my proposal to get your approval for the SOS [Subject – Object – Self] Governance Rating System. Research papers include how to develop from the bottom to the top, from companies to India’s 806 districts GDDP, then GSDP, GDP, and GNH – Gross National Happiness Index. Integrating GDP-GNH is crucial to tracking societal changes. National Grid of Governance is feasible.
14. RBI-SEBI Approved Rating System: I contend that rating agencies mentioning RBI-SEBI Approved Rating Agency is a misnomer. RBI-SEBI Approved Rating System would facilitate many certifying agencies to certify the rating system that individuals or companies or firms can get trained in. In that respect, Governance DD is more crucial than Fin DD or Vendor DD.
15. ABC of SOS Governance Standards: Auditing, Banking and Companies are yoked together but rated independently.
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How does CorporateMOM usher in scientific management?
The Honorable Minister for Textiles Government of India
Sir,
SUB: White Paper: How does CorporateMOM usher in scientific management? Textiles Case Study – Target 2030 US$350 billion – A Transcript
I congratulate you for having assumed as the Minister of Textiles, Government of India.
I am Jayaraman Rajah Iyer, aged 81, a Chartered Accountant, residing in Coimbatore. I endeavor to usher in scientific management for companies and governments. In that context, I have prepared this note, “White Paper: How does CorporateMOM usher in scientific management? Textiles Case Study Target 2030 US$350 billion – A Transcript”
Since releasing this post a few hours back the response from Textile Industry has been very good. I intend to bring the scientific management approach to create policies and act upon them. Policies setting belong to the society that the Government of India under the leadership of Prime Minister Modi has been discharging the ethical cum co-responsibility factors, so very well.
Rules express the truth and justify conduct. Rules are created by the government triggered by the society what they want. Acting upon the rules set by the government companies and other bodies must justify their conduct. This creates the Knowledge Database of companies but currently, the knowledge database of the conduct of the people remains empty. The scientifically created CorporateMOM Principles correct this huge gap. CorporateMOM is a Corporate Management Orbiter Mission. Below is my latest post on the same, “White Paper: How does CorporateMOM usher in scientific management? Textiles Case Study – Target 2030 US$350 billion – A Transcript”. I propose to train people within the textile industry to establish an FEC [Fiscal-Ethical-Co-Responsibility] Report for interested Textile companies.
With a huge 45 million people working in the Textiles Industry the scientific management – Sciences of Physics, Quantum Physics, and Metaphysics – CorporateMOM ushers in the value addition to the Textiles Industry. I am pleased to attach the Transcript file and the QR Code for my Video Presentation.
Your Ministry may kindly take a look at the same and please do not hesitate to contact me.
My post details on LinkedIn: https://bit.ly/3VzaQ1J [How Textiles Industry Target US$350 billion by 2030 and go and accomplish the target.]
CorporateMOM is corporate Management Orbiter Mission. How will this help companies establish a unique system? In this Newsletter, Industry Sector Analytics #01*, Textile industry target of US$350 billion by 2030, CorporateMOM Knowledge Database, I have taken up the textile industry. Scientific management is common to all. So, I will briefly explain how it works.
CorporateMOM covers three sciences – Physics, Quantum Physics, and Metaphysics. A leaf out of Physics, 007 Factor: [Book extract]
CorporateMOM is corporate Management Orbiter Mission. How will this help companies establish a unique system? In this Newsletter, Industry Sector Analytics #01*, Textile industry target of US$350 billion by 2030, CorporateMOM Knowledge Database, I have taken up the textile industry. Scientific management is common to all. So, I will briefly explain how it works.
CorporateMOM covers three sciences – Physics, Quantum Physics, and Metaphysics. A leaf out of Physics, 007 Factor: [Book extract]
007 Factor
1. For the universe to exist as it does requires that hydrogen be converted into helium in a precise, but comparatively in a stately manner, specifically, in a way that converts seven one-thousandths [.007] of its mass into energy.
2. Lower that value very slightly, from seven one-thousandths [.007] to six one-thousandths [.006], say, and no transformation could take place: The universe would consist of hydrogen and nothing else.
3. Raise the value very slightly, to eight one-thousandths, and bonding would be so wildly prolific that the hydrogen would long since have been exhausted.
4. At .007 state, gravity is perfectly pitched—“critical density” is the cosmologists’ term for it—and will hold the universe together at the just right dimensions to allow things to go on indefinitely. Cosmologists in their lighter moments, sometimes call this the “Goldilocks effect”—that everything is just right. [Martin Rees]
Critical density is critical, lest at the .006 stage, the universe will be just floating, and at the .008 stage the entire universe will collapse. When applied to corporate management CorporateMOM looks at Money as the corporate hydrogen. Working Capital or Long Term Capital is how we manage Profits and Growth. The number of days of trade debtors or trade creditors, major investments in the next 5 years, and upgrading Manufacturing facilities with AI are all decision-making processes.
Every object we look at is inert as it cannot move to a different space by itself. The futility of running an organization with a P&L and Balance Sheet is quite apparent, without a clear-cut delineation for working capital and Long Term Capital management. Matter and Energy phenomenon is applied. Corporate Hydrogen to obtain critical density CorporateMOM applies the science of Physics, Quantum Physics, and Metaphysics. That is the purpose of SOS [Subject – Object – Self] Governance Standards set to usher in the ‘Goldilocks effect’ for the company in question.
Knowledge Database – Textile Industry – Targets US $350b – 2030
The market for Indian textiles and apparel is projected to grow at a 10% CAGR to reach US$ 350 billion by 2030. That is from US$165 billion to US$ 350 billion.
CorporateMOM in its endeavour to bring about a Knowledge Database has been publishing several articles emphasizing the need to report knowledge data from GDDP – Gross District Domestic Product upward to GDP – Gross Domestic Product AND GDH Gross District Happiness Index to GNH Gross National Happiness Index. That is to say, data for its reliability should stem from the root level.
In this context, I present the textile industry target of US$350 billion by 2030. Whether the National GDP is US$5 trillion or the Textile Industry is 7% of the same by 2030, the work input should come from the root level of companies.
There are about 45 million people employed in the textile industry. There are several challenges the industry faces.
1. Availability of raw materials, 2. Energy, 3. Labor issues, 4. Poor working conditions, 5. Environmental issues, 6. Exposure to toxic chemicals, 7. High noise levels, 8. Cotton dust breathing problems, 9. Growing demand for sustainable textiles, 10. Infrastructure bottlenecks, 11. Lack of modern equipment and machinery, and 12. Waste Management.
So it is not simply reaching a target of US$350 billion by 2030 but developing a sustainability model for value systems within companies. It’s not easy, it’s hard. [Subject – Object – Self] SOS Governance provides the wherewithal to meet the challenges.
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Podcast Episode #66 3-Day Workshop – SOS Governance DD
mp3Audio :
Note: Please click on to youtube video presentation.
I suggest a 3-day workshop for your core team members on [Subject-Object-Self] SOS Governance DD.
Participants can assist their own companies If they are in an audit or consulting firm, VC Investors, or bankers. they can also help/demand from other companies in preparing the SOS Governance DD Report.
Day 1: Concepts explained. My first book – Corporate Citizenship and Sustainability: Measuring Intangible, Fiscal and Ethical Assets – brings out the sciences of Physics, Quantum Physics, and Metaphysics and their application to corporate management.
Corporate Management is made scientific. Day 1 establishes it. How? Let us see.
Day 2 is for Practice of Management. My second Book: CorporateMOM – Sustainability of Corporate Stability brings you the essence of SOS Governance, A case study on Volkswagen and Women’s Empowerment would be the foundation for SOS Governance DD. Book 1 the Theory of Management gives you the everlasting Metrics and Benchmarks for a Corporate Management Operating System. Repeat the word ‘everlasting’.
Day 3: Strategy Plan 2030. Your company’s plan is discussed, enabling you to construct a quality substance called Strategy Plan 2030. How SOS Governance DD brings out the best in your workforce. If Day 2 you dwelled into the past, on Day 3 you look into the future. But with a proviso. Bring the future to the present. The targets are set for 2030 but the CAGR, CARR [Reduction Rate] are brought to CDGR and CDRR – Daily.
Concluding Remarks: 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 that justifies your conduct. How you govern and establish a Sustainable Value System in your company is the primary outlook of the stakeholders.
Establish Global Benchmarks SOS Governance DD for Corporate & Knowledge Database for GDDP, GDH Development Model
Status Report May 2024
1. SOS Governance DD Due Diligence for Corporate
Companies must undertake an SOS Governance DD. why?
1.1. Establish Global Benchmarks
An interesting response let me mention here. This post I sent to Prof. Leif Edvinsson of Sweden. He replied:
Prof: Thank you. The Mantra might be derailing you. Check Prof Dana Zohar on Quantum Management, prototyped successfully with Haier, China.
I said: Thank you. Mine is very detailed not just Quantum Physics but Physics and Metaphysics also. Very strong. Derailing is impossible but would like to know if any can point out where that could be. Am ready to discuss.
My response: Prof. Danah Zohar as well as those who practice her Quantum Management such as Haier of China, Green Berets of the US Army, and Sanyo of Japan to name a few have to catch up with the most advanced Management Operating System in the world – [Subject-Object-Self] SOS Governance DD.
Therefore I suggest Indian companies get your team trained for SOS Governance DD. Currently, I am starting for one company in a few days. We shall discuss on why CorporateMOM sets the global benchmarks, unchallenged forever when we meet.
2. Knowledge Database for GDDP, GDH Development Model
There are 806 Districts in India. I have taken the responsibility for – the Ramanathapuram GDDP GDH 2030 Development Model. The report I shall submit to the elected Member of Parliament of Ramanathapuram and also to The Prime Minister of India by June 4th.
Extend the Knowledge Database of Ramanathapuram GDDP – GDH Development Model to every district in India you have an amazing knowledge of GDDP-GDH, GSDP-GSH, and GDP-GNH each growing in a phenomenal manner.
Conclusion:
1. What I am doing for one company now, I shall extend the same to all interested companies.
2. The intention is how each sector contributes to the National Grid of Governance.
3. The Members of Parliament shall usher in how they conduct in the Parliament and how the district in question is being taken care of. That is the principle of [Subject-Object-Self] SOS Governance.
CorporateMOM e = mc^2 THE Corporate Mantra for Digital Age
Video:
Podcast mp3
Podcast Episode 64
CorporateMOM
e = mc^2 THE Corporate Mantra for Digital Age
Consequent to the VC Firm’s request for an SOS Governance DD, I prepared this note for general knowledge for Corporate understanding. I have committed to the Ramanathapuram GDDP Development Model out of India’s 806 Districts. There are 805/806 that are yet to be taken. In this context, companies are at the bottom of the pyramid. This note on ‘e = mc^2 THE Corporate Mantra’ for Digital Age should help company managers to focus on ‘unleashing other people’s energy’. Take a look.
The three laws that corporate shall inherit from Mass and energy have an equivalence. Law 1: Energy is liberated, Matter; Law 2: Matter is Energy waiting to happen. Law 3: Antimatter when it collides with Matter forms pure Energy. Take a look at the following slides: 1. Change Your Organization Structure. Realize your Debit – Credit Organization Structure is unfit for the Digital Age. Drop it. 2. Budgeting for Roadmap 2047. Companies are at the bottom of the Corporate – GDDP – GSDP – GDP – GNH Pyramid. 3. Knowledge Database – Roadmap India 2047 consists of the Agriculture Sector, Industry Sector, Cultural Heritage and Services Sector.
Cultural Heritage leads to GNH – Gross National Happiness Index integrating with Economic Development.
Note: Your Debit – Credit Organization Structure limits your Knowledge Database of your company. In reality, your knowledge Database is empty. 4. CREAM Ratings – Corporate Governance, Risk Management, Earnings, Accounting Quality, Management Quality: A leaf out of my GE Case Study on Corporate Life Cycle. Get yourself rated by CREAM Ratings. A matrix case study on HUL followed by two pages of Index of Inactivity by Process Area and Index of Inactivity by Resource Area. 5. SOS Governance Standards. Currently, you are touching upon only the Law 2, P&L, and Balance Sheet. Companies must realize they are only spot-jogging. My advice please hear me out. 6. Response Report: Two slides on my post response from Big Firms. Apply e = mc^2 to know how your energy level is critical for Corporate Growth. 7. Countries: I have created a good interest around the globe. Check what Prof. Leif Edvinsson says.
Companies are coming to me for my guidance on preparing the SOS Governance DD Strategy Plan 2030. You are welcome.
