Changes

Jump to navigation Jump to search
no edit summary
Line 14: Line 14:  
The central force of a political architecture is its legal system and the king is a protector and preserver of the law but most definitely not its creator which means his power  is sanctioned and  limited by law.  Be the powers vested, the actions of CEOs of companies are governed by the Companies Act , Income Tax Act, SEBI Regulations, and the likes of these. When no confidence motions (equivalent to dethroning a king) are passed against CEOs in the U.S, his kingship is challenged, by the  board of directors, for non-performance as envisioned for the company and customers. This establishes the temporal sovereignty of the CEO  where the V''arjasva Takat''  (Ultimate power) of the power owner is called into question resulting in dethroning the leader. Recent real-life corporate citations are available to corroborate this. This proves the temporal sovereign status of the corporate leader.  
 
The central force of a political architecture is its legal system and the king is a protector and preserver of the law but most definitely not its creator which means his power  is sanctioned and  limited by law.  Be the powers vested, the actions of CEOs of companies are governed by the Companies Act , Income Tax Act, SEBI Regulations, and the likes of these. When no confidence motions (equivalent to dethroning a king) are passed against CEOs in the U.S, his kingship is challenged, by the  board of directors, for non-performance as envisioned for the company and customers. This establishes the temporal sovereignty of the CEO  where the V''arjasva Takat''  (Ultimate power) of the power owner is called into question resulting in dethroning the leader. Recent real-life corporate citations are available to corroborate this. This proves the temporal sovereign status of the corporate leader.  
   −
'''Corporate Competition, Competitive Forces and Rivalry''' While Arthashastra can be considered a bible describing the methodology of supreme governance in a political architecture, such tenets can be applied to corporate governance too. Michael .E. Porter has suggested competition from rival firms to be the biggest force attacking business as much as rivalry forces ('''Shamashastry 7/614''') and their ability to ruin kingdoms has been elaborately dealt in portions of the dossier.
+
'''Corporate Vision:'''  
    
'''Creating a B-Line Leader/ Corporate Succession Plan /Successor''' Most corporate houses lack a sound legacy in leadership though the forefathers may have given birth to a legacy. The newer generation and their thought process do not sync with the value systems and organization culture resulting in conflicting views while decision making on matters relating to policy creation, execution, employee-employer relationship, administrative inefficiency and ultimately financial losses. The new blood introduced in the corporate vein  obviously lacks expertise, competence and wisdom to learn and earn on whatever has been created, protected and preserved thus far. To enable successive generations to carry out the responsibilities of running a business empire with the same grit, ingenuity, and crafty intelligence demands i. Identifying such a capable body and mind ii. Constant  training of such a body and  mind, iii  Finally creating emotional and psychological immunity to business and personal adversaries so that the mind and body  of the individual '''(SS pp 89/108)'''  is well prepared to take up the  associated challenges during one's corporate engagements.
 
'''Creating a B-Line Leader/ Corporate Succession Plan /Successor''' Most corporate houses lack a sound legacy in leadership though the forefathers may have given birth to a legacy. The newer generation and their thought process do not sync with the value systems and organization culture resulting in conflicting views while decision making on matters relating to policy creation, execution, employee-employer relationship, administrative inefficiency and ultimately financial losses. The new blood introduced in the corporate vein  obviously lacks expertise, competence and wisdom to learn and earn on whatever has been created, protected and preserved thus far. To enable successive generations to carry out the responsibilities of running a business empire with the same grit, ingenuity, and crafty intelligence demands i. Identifying such a capable body and mind ii. Constant  training of such a body and  mind, iii  Finally creating emotional and psychological immunity to business and personal adversaries so that the mind and body  of the individual '''(SS pp 89/108)'''  is well prepared to take up the  associated challenges during one's corporate engagements.
   −
'''Corporate Vision:'''
+
'''Corporate Competition, Competitive Forces and Rivalry''' While Arthashastra can be considered a bible describing the methodology of supreme governance in a political architecture, such tenets can be applied to corporate governance too. Michael .E. Porter has suggested competition from rival firms to be the biggest force attacking business as much as rivalry forces ('''Shamashastry 7/614''') and their ability to ruin kingdoms has been elaborately dealt in portions of the dossier.
   −
'''Offensive and Defensive Strategies''' Corporate aggressive strategies are sometimes surgical and this mostly happens during a disruptive innovation.  
+
'''Offensive and Defensive Strategies''' Corporate aggressive strategies are sometimes surgical and this mostly happens during a disruptive innovation.
   −
'''Covert and Overt strategies'''  
+
'''Covert and Overt strategies'''    
   −
'''Brand Building and Immortality''' A few corporate brands are immortal especially the ones like Lifebuoy, Lipitor, Digene Antacid, Dettol, Colgate and likewise. The creation of such brands give a competitive edge to companies irrespective of the new arrival of substitutes or complementary products or new technologies. Such products due to their credible and stable performance, dethrone the status of any competing brand attempting to fragment the consumer base. An immortal brand is a consequence of long years of trials, experiments and pseudo-scientific nurturing.    
+
'''New Product Development and Incubation''' Companies are mortal but brands are immortal. Some brands are cash cows and some are stars, a few are question marks. Certain brands have a 'Pareto effect' on the company's bottom line. These are the cash cows, They generate maximum revenue for the firm at the lowest possible cost. The question marks are those product decisions which the company takes either in  favour or disfavour of its continuity as they involve huge resources and costs to revive. The cash cows compensate for all these laggard products. Immortal brands are a consequence of several alpha, beta and gamma trials and testing. The product is nurtured phase by phase and all the lacunae is addressed to get an  irreplaceable level of product acceptance. These efforts entail both scientific and management researchers, to accurately map customer unmet needs with those product characteristics that it sustains as an uncontested choice for masses and ages to follow. Before products become an ever green brand with unmatched popularity they go through tough clinical trials, simulated incubation and market testing exercises.
   −
'''New Product Development and Incubation''' Companies are mortal but brands are immortal. Some brands are cash cows and some are stars, a few are question marks. Certain brands have a 'Pareto effect' on the company's bottom line. These are the cash cows, They generate maximum revenue for the firm at the lowest possible cost. The question marks are those product decisions which the company takes either in  favour or disfavour of its continuity as they involve huge resources and costs to revive. The cash cows compensate for all these laggard products. Immortal brands are a consequence of several alpha, beta and gamma trials and testing. The product is nurtured phase by phase and all the lacunae is addressed to get an  irreplaceable level of product acceptance. These efforts entail both scientific and management researchers, to accurately map customer unmet needs with those product characteristics that it sustains as an uncontested choice for masses and ages to follow. Before products become an ever green brand with unmatched popularity they go through tough clinical trials, simulated incubation and market testing exercises.
+
'''Brand Building and Immortality''' A few corporate brands are immortal especially the ones like Lifebuoy, Lipitor, Digene Antacid, Dettol, Colgate and likewise. The creation of such brands give a competitive edge to companies irrespective of the new arrival of substitutes or complementary products or new technologies. Such products due to their credible and stable performance, dethrone the status of any competing brand attempting to fragment the consumer base. An immortal brand is a consequence of long years of trials, experiments and pseudo-scientific nurturing.

Navigation menu