Showing posts with label corporate ethics. Show all posts
Showing posts with label corporate ethics. Show all posts

Monday, September 5, 2011

Vacancy for Anna Hajare for Corporate Cleansing. Any One?

Based on the principles of Swami Vivekanand "Yuva" Programme on CNN IBN last Sunday was highly inspiring. It shows how people from different walks of life { educated & can get high paying corporate jobs } devote their life for the betterment of the needy. Be it poor, women or children. Scope for doing good is immense & these people r actually doing it.  

Movement by Mr. Anna Hajare and its team Dr Kiran Bedi and Mr Arvind Kejriwal is another chapter of people involved in mass movement of general public good. Selfless is the key word. Dr Bedi's dynamic public life is known to everyone. Mr. Kejriwal is IIT Grad and did his IRS also. He could have enjoyed like most our corrupt bureaucrats life of power and money. However he refused to be part of rotten system and choose to become change agent. Many may not be aware that he was awarded Ramon Magsaysay Award for Emergent Leadership in 2006, for activating India's Right to Information movement at grassroots and social activities to empower the poorest citizens to fight corruption by holding the government answerable to the people. 

All of us are in some or many points in life encounter a situation where we need to indulge in corrupt practice either for getting things done or getting out of the turn favour. As a professional we also get tempted to fudge our company accounts, evade taxes, declare wrong statements with authorities, claim wrong tax benefits, sign audit report which are not true and fair and on top of this claim to be a smart breeds of all.  Ability and capacity to do wrong has become our key strength.

We have lost capacity to think that someone without any selfish motive can do some good work for others. Our business models even in social space have become questionable.No mission and vision statement talks abt way of doing business. I have verified Vision Statements of some of the top Indian corporates. Ethics and values find place in hardly few of these statements.    

Corruption at high places are two way game.  One demanding and one offering. Indian money at Swiss Bank are of these people. Anna's team is taking care of the first one. We need someone to take care of 2nd side. {corporates shy away in publicly supporting anti corruption movement courtesy: they are either part of it or afraid to become victim of govt's witch hunt like Kejriwal ,Dr Bedi and Bhushans. No courage left as personal stakes are high. }

Next movement should be about Ethical Corporate and business behaviors. Annual report MUST have statement by none other than CMD that company has not indulged in corrupt and unethical practices in achieving these results. It must be applicable to all companies across the board at one go unlike IFRS and XRBL where implementation  is stage wise.  

Who will take up the role of Mr. Anna Hajare for corporate and business cleansing? { Even ICAI has failed miserably in controlling ethical behaviors of their members. However its about personal values and integrity towards the self conscious and institute can not manage the same beyond a point. }