Rankings, RoI & #CSR Function – Response to 3 Challenges for CSR Executives – of Vault.com





Another interesting poser from Aman Singh Das of vault-com – 3 Challenges for CSR Executives http://bit.ly/hqDjU7 that IBCMi is pleased to place its views. All the 3 challenges stand as of now independent, meaning the connectivity between one and the other is not apparent. Again the interesting comments from the participants give an insight into ‘the holistic concept of CSR versus siloing it to define volunteering, philanthropy or environmental work.‘. If Connie Lindsey spoke candidly about her love for finance, and the misinterpretation that CSR suffers from, Crespin statement “Companies‘ willingness to disclose and be measured makes them more effective managers of business risks”, reflect the unending desire to excel in CSR individually and collectively. Continue reading “Rankings, RoI & #CSR Function – Response to 3 Challenges for CSR Executives – of Vault.com”

Subtle and Gross of Corporate Sustainability Leadership





Subtle and Gross

In the Blueprint for Corporate Sustainability Leadership released by United Nations Global Compact, “corporate sustainability is defined as a company’s delivery of long-term value in financial, social, environmental and ethical terms. It thus covers all principles and issue areas of the UN Global Compact.”

Ethics is subtler than the subtle, whereas financial terms are utterly gross. Corporate deals Continue reading “Subtle and Gross of Corporate Sustainability Leadership”

Measuring Corporate Sustainability Leadership





UN Global Compact defines Corporate sustainability as a company’s delivery of long-term value in financial, social, environmental and ethical terms. It is about 10 years since it has brought out the 10 Principles covering four issue areas of the UN Global Compact – Human Rights, Labour, Environment, Anti-Corruption – but it endeavors to go beyond these to encompass additional sustainability priorities such as – “Broader UN Goals and Issues” referring to an array of global issues – based on the most acute or chronic global challenges – including Peace & Security; the Millennium Development Goals; Human Rights; Children’s Rights; Gender Equality; Health; Education; Humanitarian Assistance; Migration; Food Security; Sustainable Ecosystems and Biodiversity; Climate Change Mitigation and Adaptation; Water Security and Sanitation; Employment and Decent Working Conditions; and Anti-Corruption.i

Continue reading “Measuring Corporate Sustainability Leadership”

Corporate Social Responsibility CSR 2.0





This is my comment submitted on the Article: CSR 2.0 Competitive Advantage for the Future, by Alberto Andreu Pinillos, Global Director of Reputation, CSR, Brand and Sustainability, Telefnica SA.,

Thanks to Alberto for having sent me his paper titled CSR 2.0 Competitive Advantage for the Future that was originally presented by him at for the annual Reputation institute seminar, 5 May 2010, Institute of Directors, London. He has raised important questions and offered solutions for a competitive advantage for the future with a proposal CSR 2.0.  I am pleased to comment on the same with the extract from his paper followed by my comments in blockquote following. This blog is in its entirety devoted to my theory of Inactivity Based Cost Management [IBCM] that I have authored with a sub-title Measurement of Intangible: Governance, Ethical & Fiscal Responsibility and Accountability, where every one of these terms including Intangible is defined and buttonholed. So my comments indicated as IBCM will have the perspective of Alberto’s paper analyzed.

Jayaraman Rajah Iyer Continue reading “Corporate Social Responsibility CSR 2.0”

Angel’s Advocate Recommends on Ethical Responsibility





This page will have regular posting of various topics that:

Angel’s Advocate recommends:

Resources of an entire nation is handed over to the management of Corporate or duly elected representatives of the Government who collectively have the Fiscal Responsibility to report back to the owners. It is the Ethical Responsibility of the people therefore to ask for and get the Public Reporting on the management of the resources from the Fiscal Responsibility group, be it Corporate or Government in every field of activity be it Agriculture or Space exploration.

Free enterprise is an expression of freedom, whereas Ethical Responsibility is an expression of liberty, that threshold values emanate to bridge Ethical and Fiscal Responsibility.’ This blog recommends in areas of Ethical Responsibility, from the viewpoint of expression stated herein. `Ask for & get it.’ is not an easy. People have to take the journey  a long and hazardous one.Continue reading “Angel’s Advocate Recommends on Ethical Responsibility”

Madam President, Declare War on Corruption





Madam President, Declare War on Corruption

Extract of my letter I wrote to the President of India on 27th December 2010:

I propose to you, Hon’ble Madam President:

  1. To call for the joint-session of Parliament and declare `War on Corruption’,
  2. To ratify the UNCAC Treaty,
  3. To reiterate that the three wings of Government have coequal duty and fiscal responsibility without one crossing the threshold values of the other,
  4. To enact Article 10 UNCAC – Public Reporting – by an Act of Parliament as a mandatory disclosure of Public Expenditure,
  5. To establish Institute of Ethical Standards of India, as a statutory body by an Act of Parliament.

Visitors are requested to go through this site on the book published that has as its main case-study on UNCAC – United Nations Convention Against Corruption. This book is the most comprehensive analysis and a tool to check corruption. Please see the Author, Book Review and please do get in touch with me to bring in a solid gridlock on the Government without a chance of any escape. UNCAC ratification will not only prevent corruption but would give the people a say in the government. UNCAC is a constitutional document far superior to Constitution of US including the 1st Amendment as well far superior to RTI. I will give the needed guidance. Request Amte or anyone not to go on a hunger strike but give me support to bring in the ratification of UNCAC by India. Rest, be assured of an effective control on corruption.

Jayaraman Rajah Iyer



ERP is pas`se´, ERC – for GenNext – Governance@best.simplest





ERP is pas`se´, ERC – for GenNext – Governance@best.simplest

Autocoder to ERP

1967 the year of 1401 with about three machines one at ESSO, one at BSES Santacruz, and a showcase IBM office at Ballard Estate in Mumbai, was a far cry from the statement in 1943 of Thomas Watson, IBM Chairman, “I think there is a world market for maybe five computers.” . BSES had a 4k machine supported by punch/reader and printer. There were two guys – a system engineer with an IBM Template and a software engineer trying to squeeze in the characters limited to 4k to make the output – payroll and inventory a workable monolith. Both belonged to the company and the machine was an outsider.Continue reading “ERP is pas`se´, ERC – for GenNext – Governance@best.simplest”

Angel’s Advocate Measuring National Grid of Governance





Angel’s advocate:

In Corporate history we often see the role played by Devil‘s Advocate and seldom we come across the use of Angel’s Advocate. The essence of Economics lies in risk taking without which bartering system would be in use even today. Risk taking is very essential to business where entrepreneurship is an expression of freedom. Freedom when exercised with full force, business enterprise enters into strategic moves with ambition. That’s when Devil’s Advocate plays the part as a sounding board to ensure that the ambitious strategy of the Donigers goes unrestricted. Ambition keeps pace with Freedom.Continue reading “Angel’s Advocate Measuring National Grid of Governance”

Go Agriculture





My comment to JP’s blog on Nation on Wrong Track [http://southwerk.wordpress.com/2010/12/14/nation-on-wrong-track/#comments] is reproduced for the benefit of Recovery Indonesia @GoRECOVERY:

Yes all nations are in the wrong track. Quote from my book:”When the priority is already set, the hungry man accepts the inevitability of the human race which is non-reacting, non-acting, non-responding, inert-like entity. Continue reading “Go Agriculture”

Exposure Draft Hedge Accounting





Given below is the extract from IASB on Hedge Accounting inviting comments on the Exposure Draft before the same is released as a Standard. It is a good opportunity, possibly the last, to look at the corrective steps needed in this field that has played havoc to the detriment of World and US Economy. Please download the given Exposure Draft and please send your comments directly.

Jayaraman Rajah IyerContinue reading “Exposure Draft Hedge Accounting”