Every
organization, especially big corporate houses function with not only many
individuals with different academic and other skill sets, from a wide variety
of socio cultural backgrounds etc but also multiple factors which operate and
which need to be operative to ensure smooth functioning and successful growth.
All these factors come into play at different points of time, they have their
own impact however minimal and all they have to be acknowledged as inevitable,
if not vital part of an organization.
If we choose
to ignore them they will be the irritant pop up screens which will hamper
overall vision of growth. Therefore, the only option we have is to juggle with
all these factors based on the contextual and situational exigencies by
emphasizing the preference, priority and precedence of certain factors over the
rest in that particular context more in the interests of the organization
rather than that of the individual’s interest either that of the employer or employee.
We are not
discussing any cadre and class as this applies to all, be it a promoter, owner,
shareholder, boss, worker, watch man etc.
Let us see
now what these many factors are? How they are factored in? How important each
one of them is?
We are not going to discuss their actual
impact as it varies from case to case.
Let us not churn out complicated theories or
cram our ears with jargon laden treatises. Instead to enable everyone to remember
all these factors let us come out with acronymic prose which would enable us to
remember easily as a mnemonic. It is a one sentence Mantra
PEACEFUL WORK PAYS TO PROMOTE GROWTH
P sychological and physical factors of
every one,
E mployee Privileges,
A bilities of every one,
C onventions followed culturally and
socially,
E xchanges between and among all staff,
F unctional Practices in prevalence,
U tility value of each person,
L aid down Rules and regulations,
W orkable and worthy goals,
O pportunities,
R esponsibilities of every one,
Kindness in the form of encouragement
and incentives,
P rocedures and norms and
A ll these together
Y oke Duties
S uccessfully
T owards
O verall targets to
P erform
R esourcefully
O perating with
M anagement and all other staff
O ffering
T o
E nhance
G rowth either with or without group
discussions and conferences
R evenue
O verall profitability
W ith
T otal team work within a perfect
H ospitable environment.
MANTRA FOR CORPORATE GOVERNANCE
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