I suggest click on to the full screen
- Correcting the fault lines in Volkswagen needs fundamental change of corporate restructuring.
Ethics is subtler than the subtle that aligning Fiscal Responsibility to Ethical Responsibility is a challenge only a few companies are structured to undertake. Spreadsheet structure is an anomaly.
Let us watch how Volkswagen takes it?
Jayaraman Rajah Iyer
4th October 2015
Letter to CEOs : Jump out of GAAP to measure Corporate Energy e = mc²
CREAM™ Report – assured Profits maximiser – Insures the n-dimensional problems – ensures robust Value System: by Return on Intangible – <Return on Investment is passé>:
Harvard Business School professor and former Medtronic chairman and chief executive Bill George argues that this obsession with short-term performance comes at the detriment of long-term value creationi.
Harvard Business School professor Michael Porter makes the case that business can help tackle social problems. The systems that we’ve developed to deal with social issues, including NGOs and philanthropies, are well-meaning and motivated, but they’re not designed to scale. “The awkward reality is that we’re not making fast enough progress. We’re not winning,” says Porter. “These problems seem very daunting and intractable. Any solutions we’re achieving are small solutions, incremental progress.” The issue: the current model doesn’t have nearly enough resources to finance the necessary change. We need to confront this issue head-on. “How do we create resources?” asks Porter. [TED talk].
CREAM™ Report addresses the issues raised by the Harvard professors on two counts:
- Long-term value creation,
- How to tackle n-dimensional problems facing the Society.
IBCM © Strategy to “ Measure what is measurable, and make measurable what is not so.- Galileo Galilei:”
From the fact file: “Biotor Industries: “Tue, Dec 23 2008. Morgan Stanley (NYSE:MS) today announced that its Asia private equity group, Morgan Stanley Private Equity Asia, has invested Rs. 182 crores (approximately US$38.5 million) for a significant minority stake in Biotor Industries Limited, the largest integrated manufacturer of castor oil and castor derivatives in the world. PricewaterhouseCoopers acted as Biotor’s exclusive financial advisor for the transaction. i Continue reading