Good Governance 1

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Good Governance 1

  1. 1. Good Governance CREATE BRAND MARKET www.creatingdemand.org Copyright 2013-2014 Presentation by: Sachin Bansal Process of decision-making
  2. 2. "Governance" means: the process of decision-making and the process by which decisions are implemented. www.creatingdemand.org Copyright 2013-2014 Presentation by: Sachin Bansal Governance Process of decision-making It is the good governance that has to lead the show for bringing chaos to task.
  3. 3. Sustainable Development & Good Governance www.creatingdemand.org Sustainable Development Where people grow, profits grow  Development is primarily a domestic responsibility (integrating economic, social, political, cultural and ecological components )  "Where people grow, profits grow":  this well-tried business rule is applicable to development policy as well.  The driving force :  Only quality management will ensure that development assistance continues to enjoy the high regard it now has in industrialized countries. Copyright 2013-2014 Presentation by: Sachin Bansal
  4. 4. Distinct Dimensions Of the Government www.creatingdemand.org Distinct Dimensions Of the Government Resources  The form of political regime  The process by which authority is exercised in the management of a country’s economic and social resources;  The capacity of governments to design, formulate, and implement policies and discharge functions. Copyright 2013-2014 Presentation by: Sachin Bansal
  5. 5. Criteria that constitutes a Good Governance www.creatingdemand.org Criteria that constitutes a Good Governance Leg Legitimacy of government (degree of "democratization") Accountability of political and official elements of government (media freedom, transparency of decision- making, accountability mechanisms) Competence of governments to formulate policies and deliver services Respect for human rights and rule of law (individual and group rights , and security, framework for economic and social activity, participation). Copyright 2013-2014 Presentation by: Sachin Bansal
  6. 6. Domestic Reform Strategies www.creatingdemand.org Domestic Reform Strategies Benefits and costs Incentives for Corruption are influenced by: The level of benefits and costs under the control of officials. The credibility of law enforcement in acting against both those who pay and those who accept bribes. The conditions of civil service employment. Incentive systems in the civil service. The extent of auditing and monitoring within government. The ability of citizens to learn about government activities and file complaints. The level of press freedom and the freedom of individuals to form non-governmental organisations. The level of active (professional) political opposition. Copyright 2013-2014 Presentation by: Sachin Bansal
  7. 7. Domestic Reform Strategies For Implementation www.creatingdemand.org  End Corrupt Programs and Laws  Heighten Competitiveness  Clarify Regulation  Reform the Bureaucracy  Enforcing Anticorruption Laws  Deterrence  Enforcement  Reforming the Civil Service  Attacking Marginal Benefits of Corruption  Inducing Reform at all Levels  Eliciting the Help of International Organizations  Vertical Checks Copyright 2013-2014 Presentation by: Sachin Bansal Domestic Reform Strategies Benefits and costs
  8. 8. E - Governance www.creatingdemand.org E – Governance Fundamental change  E-governance, enabled by IT, requires a fundamental change in how the government operates by constantly reinventing itself by delivering its obligations to the citizens with greater accountability and a responsive sensitivity.  Sweeping transformations have taken place in IT with the convergence of computing and communication technologies. The advent of the Internet has thrown open numerous possibilities.  Public information requirements can be met through a system of ‘one-stop service providers’ over electronic networks. Ration card applications, industrial unit clearances, tax returns filing, public utility bookings, billing and even payments can take place on-line under such a model of governance. Copyright 2013-2014 Presentation by: Sachin Bansal
  9. 9. Parameters for judging good Corporate Governance www.creatingdemand.org Parameters for judging good Corporate Govern Top management Leadership , Depth & Quality of talent Ability to attract /manage/ retain talent Believes in transparency , Ethical organization Socially responsive organization Environmentally conscious organization Believes in Customer satisfaction Record of product , corporate brand management Is dynamic organization Responds quickly to business scene changes Believes in continuous innovation Has global competitiveness Has a record of steady corporate performance Gives good return to share holder Ability to create value for stake holders Copyright 2013-2014 Presentation by: Sachin Bansal
  10. 10. Living examples of Indian Good Corporate Governance www.creatingdemand.org Good Corporate Governance Living examples Citation for Company of the year TATA STEEL :, benchmarking against international standards of efficiency” Business Person of the year: NR Narayana Murthy Infosys Technologies: “encourages a value structure involving high aspiration, youth and new ideas,merit ,innovation, speed, openness, entrepreneurship, fairness in every transaction, best corporate governance practices, and putting the interest of the company ahead of personal interest”. Copyright 2013-2014 Presentation by: Sachin Bansal
  11. 11. Living examples of Indian Good Corporate Governance www.creatingdemand.org Life time Achievement citation to Dhirubhai Ambani: “for exemplifying the spirit of enterprise , for thinking global, and for unrivalled contribution to the growth of India’s private sector and its capital market” Life time Achievement citation to Verghese Kurien : “for marrying the cooperative with the corporate , for selfless dedication to the cause of Indian agriculture , and for changing the face of rural India” Copyright 2013-2014 Presentation by: Sachin Bansal Good Corporate Governance Living examples
  12. 12. “Grab The next Revolution” www.creatingdemand.org Grab The next Revolution Future The primary reason for delayed decisions in government is age old procedures Many files begin with the Junior Assistant and traverse all the way up to cabinet ministers, passing through 9 to 12 layers. Normal time taken in decisions are 36 working days , bad case scenarios 72 working days , worse case scenarios 108 working days. E-governance projects in Govt. are hardware purchasing program, , and they gather dust on the desk of senior officials. Copyright 2013-2014 Presentation by: Sachin Bansal
  13. 13. “Grab The next Revolution” www.creatingdemand.org Software and hardware account for only one tenth of true corporate investment in IT. India can play a vital role in the knowledge based global economy. one fact stands unmistakably : reforms have been implemented without making any attempt to change the system Good Governance means : achieving goals delivering results craft the right economic policies capacity to implement those policies achieve the stated goals. Copyright 2013-2014 Presentation by: Sachin Bansal Grab The next Revolution Future
  14. 14. By Keith Thomson,President, Fluor Daniel Ind.Inc “Catch The next Revolution” www.creatingdemand.org What India can do? improve agricultural productivity India is an energy scare and capital-scare economy. Develop Joint Government and private sector projects will restructure the compensation package to reflect the triangle of delegation of authority , responsibility and accountability. Copyright 2013-2014 Presentation by: Sachin Bansal Catch The next Revolution Productivity
  15. 15. World is an Arena www.creatingdemand.org World is an Arena New strategic alliance set up plants and trading offices overseas. new strategic alliance with companies from third world or setup manufacturing facilities ourselves in other parts of the world. Government must : aid the early stages of development take initiative to stimulate and help Industry become strong and capable of financing global competition. Copyright 2013-2014 Presentation by: Sachin Bansal
  16. 16. What thinkers have expressed www.creatingdemand.org What thinkers have expressed Learn “We have reached the point where Liberty depends upon revolutionary reforms, it is the ultimate foundation of our life that we have to change. The more we insist that it is not our concern, the easier we make the oppositions task” by Harol J. Laski “Power Corrupts and absolute power corrupts absolutely. Hence, it shall be the will not Power which shall rule the state, with good governance as its conduct.” by George H. Sabine “The officials who do not eat the state wealth but increase in a just manner and are loyally directed shall be the one in permanent service” says Kautilya (Chanakya) Kautilya specifies bad governance as: Obstruction, using Govt. Property for personal profit, falsification of the date, causing loss to the govt., misuse of Govt. property, Misappropriation, favour shown for a bribe, public exploitation Copyright 2013-2014 Presentation by: Sachin Bansal
  17. 17. Reputation to overall gains www.creatingdemand.org Copyright 2013-2014 Presentation by: Sachin Bansal Strategically connected with clients, engaging and involving them: •How to get closer to customers? •To build brand awareness and enhance loyalty? •To position new products and services for the effective market penetration? •To fulfill what customers really desire? Specialties Brand Strategy, business entry & planning, product development, internet marketing, trade distribution, public private partnerships, sustainable tourism management and investment promotion. Crafting, Operationalizing and Implementing Growth Strategies to maximize opportunities in emerging geographies; experience as my strong resource and capability Sachin Bansal Enhancing business profitability
  18. 18. SACHIN BANSAL- Chief Explorer INDIA : +91 97111 90192 sb@creatingdemand.org www.creatingdemand.org facebook.com/creatingdemand DELHI LONDON MELBOURNE NEW YORK ITALY www.creatingdemand.org Copyright 2013-2014 Presentation by: Sachin Bansal Enhancing business profitability….

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