#CSR the biggest and most dynamic corporate function of 21st Century

The school children meditate

Padmini's school childrenIt was on Friday 8th April, 2011 that students of a primary school Satya Surabhi, situated at a village at Continue reading

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Index of Inactivity measuring SAP’s #Sustainability Leadership of UNGC

SAP’s 2010 Sustainability Report – UN Global Compact – The 10 Principles – Ranking by IBCM

  • In the context of SAP’s 2010 Sustainability Report, IBCM has analyzed their report in particular, UN Global Compact – Principle 1 ~ 10
  • Each Principle has several issue areas under different notations such as HR, LA, EC, EN etc. and each one of the issue areas are covered totaling 68. Continue reading

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

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

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 Iyer Continue reading

HACCP of Governance

Announcing

The Implementation of Chapter II Preventive Measures of United Nations Convention Against Corruption [UNCAC]

for

Organizations in Corporate & Government

e Learning – Implementation – Assessment

by IBCM Continue reading

Where does Governance exist?

Extract from the book: Inactivity Based Cost management: Measurement of Intangible: Governance, Ethical & Fiscal Responsibility and Acountability

Where does Governance exist? The interesting quote of Robert Doniger, [from Timeline by Michael Crichton], I’m not interested in the future; I’m interested in the future of the future, possibly has a clue. To-day was the future of yesterday and tomorrow is the future of to-day as well the future of the future of yesterday. Effectively what Doniger says is that he dwells in the past all the time the fascinating historical events and ever interested in tomorrow, a dreamer and a maverick he is, that he ignores ‘to-day’ completely. Working like a beaver, he takes his scientists and cultural experts to the past making them stuck in the ruins of history and the genius that he is, promises a great future of the future making the people of to-day to sit in awe and wonder till they realize the future ever remains a distant dream. A solar view of the planet displays the monumental towers everywhere, promises that are not kept. These towers represent a cost already incurred that cannot be recovered. Donigers do not think that it is necessary for them to be concerned about to-day and not at all obliged to inform or discuss the cost consequence of their action, where to-day represents the effect of decisions of yesterday for all to see with utter helplessness. Continue reading