Good Governance 1

Good
Governance
CREATE BRAND MARKET
www.creatingdemand.org Copyright 2013-2014 Presentation by: Sachin Bansal
Process of decision-making

"Governance" means: the process of decision-making
and the process by which decisions are implemented.
Governance Process of decision-making
It is the good governance that has to lead the
show for bringing chaos to task.

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

Distinct Dimensions Of the Government
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.

Criteria that constitutes a Good Governance
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).

Domestic Reform Strategies
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.

Domestic Reform Strategies
For Implementation
 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
Domestic Reform Strategies Benefits and costs

E - Governance
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.

Parameters for judging good Corporate Governance
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

Living examples of Indian Good Corporate Governance
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”.

Living examples of Indian Good Corporate Governance
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”
Good Corporate Governance Living examples

“Grab The next Revolution”
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.

“Grab The next Revolution”
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.
Grab The next Revolution Future

By Keith Thomson,President, Fluor Daniel Ind.Inc
“Catch The next Revolution”
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.
Catch The next Revolution Productivity

World is an Arena
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.

What thinkers have expressed
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

Reputation to overall gains
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

SACHIN BANSAL- Chief Explorer
INDIA : +91 97111 90192
sb@creatingdemand.org
facebook.com/creatingdemand
DELHI LONDON MELBOURNE NEW
YORK ITALY
Enhancing business profitability….

Good Governance 1

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