The 18th Global TRI*M Conference
Insightful Management Creates Valuable Stakeholder Relationships
5
- 7 March, 2008 Budapest, Hungary
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At the Buckingham
Palace to celebrate 50th Anniversary of
Duke of Edinburgh Award at the Queen's Garden Party 13 July
2006
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Dr
Madhav Mehra and Dr Ola Ullsten meeting Dr Manmohan Singh,
Prime Minister of India
at his residence in New Delhi on 15th June 2005
Dr Abdul Kalam, President
of India in his meeting with Dr Ola Ullsten, former Prime
Minister of Sweden and Dr Madhav Mehra, while appreciating
the efforts of the World Environment Foundation, advised
that its efforts should be focused on involving school children
in saving the environment as Dr Kalam stated that "
students are our main hope in improving the state of India's
environment". Dr Mehra advised the President about
the essay writing competition that the World Environment
Foundation had organised for the school children in Himachal
Pradesh on subject of "What is wrong with India's environment?
What can I do?"
read
full
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International Business
Ethics Conference
16
March 2007, Hotel Le Royal Meridien [Loyola Institute of Business
Administration] Chennai India
Presentation|
Press Release |
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The role of corporate
governance has never been more vital
Foreword
, Making Corporate Governance Work Better, London
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3rd
CSR Summit, 17-20 September 2006, Dubai
An impressive line-up of international
and regional expert speakers has been assembled which include
amongst others, Dr Madhav Mehra, President
of World Council For Corporate Governance (WCFCG), Paul
Clements-Hunt, Head of United Nations Environmental
Programme (UNEP) Finance Initiative, Dr Ola Ullsten,
Chairman World Council For Corporate Governance (WCFCG)
& Ex- Prime Minister of Sweden, Michael Hölz,,
Managing Director of Deutsche Bank AG and Gavin
Graham, Vice President Business Relations, Shell
Middle East...more;
www.thecsrsummit.com
brochure
press
release |
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At the Buckingham
Palace to celebrate 50th Anniversary of Duke of Edinburgh
Award at the Queen's Garden Party 13 July 2006,
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8 World Congress on Environment Management, 9-11 June 2006,
Palampur, HP |
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ISB
Leadership Summit 2006: India Next
The ISB Leadership Summit (ILS) is the flagship
event of the ISB. The date for it this year was on January
11, 2006, and the theme was “India Next”. The
second keynote delivered by Madhav Mehra stressed the need
for synergies between the government and businesses. He said
that corporate social responsibility (CSR) was currently a
business objective, and that there was a need for “social
good for market capitalisation.”read
full
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Dealing with
powder kegs of 2006
Business risks its gravest challenge in 2006
Despite prophesies of gloom, natural disasters, relentless
rise in the oil prices, wide spread predictions of crash
of US dollar, mounting US deficit, 2005 marked the triumph
of human ingenuity, imagination and enterprise to beat the
odds. 2006 was ushered with much great expectations with
the markets registering dizzy growth rates that were hitherto
inconceivable. Not only US has registered a GDP growth of
3.5% but stocks in all emerging markets have grown at 200%
in the last two years. Market valuations registered an increase
of 126% in Egypt, 108% in Columbia, 80% in Russia, 52% in
South Korea & Turkey, 42% in India and 41% in Brazil.
GDP growth rates zoomed to 9.9% in China, 9.8% in Venezuela,
9.2% in Argentina, 8.2% in Hong Kong, 8% in India and 7%
each in Turkey and Russia. China, India, Taiwan, South Korea
and Hong Kong have collectively accumulated $1.5 trillion
worth of foreign exchange reserves. read
full
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The
opacity of our financial system is a recipe for disaster
The corridor
of capital markets continue to remain labyrinths of darkness
dreaded by retail investors. Despite increasing volumes
in recent years, 98 % of the population shuns the stock
market and 45% considers it “a sure way to ruin”.
The World Council For Corporate Governance has, therefore,
been vigorously advocating greater transparency in stock
markets. Stock markets are the best human innovation. But
like parachutes they can function only if open. There is
a public outcry against the dominance of financial markets
by entrenched incumbents. British government’s resolve
to break the hegemony of big four auditors, bring transparency
in the voting of institutional investors and the plea of
EU’s Internal Market Commissioner Charlie McCreavy
for one share one vote are good news. Unless these reforms
are carried out swiftly and vigorously public confidence
in the markets cannot be restored.
read
full
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"Dr
Mehra has given a unique dimension to CSR. His interpretation
is particularly relevant to us and we must invite him once
again to address our top executives" Hon'ble Carlton
Davis, head of Jamaica's Civil Service
Taking corporate
governance beyond the boardroom
Keynote
address delivered by Dr Mehra at the High Impact Conference
in Kingston Jamaica, 25 October 2005
Press Release: Jamaica Notches Up Corporate Governance
Kingston,
Jamaica, 25 October, - Jamaica, a Caribbean Island known
for its rum, reggae music, blue mountain coffee, white sand
and sunny beaches was electrified all of two days, October
24-25, with the visit of Dr. Madhav Mehra, president of
the World Council For Corporate Governance to launch the
Jamaica Chapter of WCFCG. In attendance were 120 members
of corporate Jamaica, senators, ministers, senior policy
makers, jurists, chairmen and managing directors of Jamaica’s
largest enterprises. The hosts were Jamaica Employers’
Federation and GovStrat, a corporate governance outfit headed
by Vindel Kerr, Jamaica’s foremost corporate governance
expert read
full
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Sarbanes Oxley Act
- Ushering an Extraordinary Age of Transparency
This
is the year when the curse of Enron really strikes and companies
all over America and abroad are feeling the pinch of regulations
that were put together in the post-Enron crisis. Its high point
is the Sarbanes-Oxley Act. Neither Paul Sarbanes nor Mike Oxley
the two legislators who coproduced the Act, could have imagined
the huge industry spawned in their name that has created a gold
rush for lawyers and auditors. Companies are spending an average
$5 million each to comply with the requirements.
read
full
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Lessons from the
Asian Tsunami
Throughout 2004 World Council For Corporate Governance has drawn
corporate attention to the widening gap between rich and poor
and the governance strategies for bridging it. We have repeatedly
argued that the socio-economic disparities are a serious threat
to the security and sustainability of business. The business should
have a vested interest in thinking of radiCal ways to draw the
poor in to the market economy and reassure them that globalisation
will equally work for them.
read
full
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Tsunami
offers a huge opportunity to corporates
Tsunami offers a huge opportunity
to corporates to touch the hearts and minds of survivors and build
their brand. Providing relief and rebuilding affected communities
is the best CSR response the corporates can give and a befitting
tribute to the dead". This was stated by Dr Madhav Mehra, President,
World Council for Corporate Governance who was addressing the business
leaders in Kolkata on his way to Port Blair to visit Tsunami victims.
read
full
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Tsunami
& CSR
Turning Tsunami into an Opportunity
Providing relief and rebuilding the affected communities
is the best CSR response the corporates can give and a befitting
tribute to the dead
Tsunami catastrophe makes a ghastly end to a grim year writ large
with grisly stories from Iraq interspersed with a booming stock
market. It has been the worst ever disaster of our times.
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“Independent
directors are the cornerstones of corporate governance. But
excessive remunerations paid to them has made a mockery of
their independence. An analysis of 2004 compensation data
showed independent directors of top 200 companies are being
paid £97000 for barely 7 days work in a year. Would
you expect such directors to give independent and unbiased
advice? asked Dr Madhav Mehra in his keynote address
at the ASEAN Round Table 2004 organised by Singapore’s
prestigious Institute of South East Asian Studies.
download
full text of the speech
view
conference images |
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(from
left) Dr Madhav Mehra, addressing National conference on CSR
Ashok Kapur IAS, Former Principal Secretary, Govt of West
Bengal, Pradeep Baijal Chairman, TRAI, Justice A M Ahmadi,
Justice Bhagwati, Shivraj Patil Home Minister of India, P
Shankar, central Vigilance Commissioner |
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conference
report
conference
images
conference
feedback |
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President
of India Dr K R Narayan with Dr Madhav Mehra at thre
3rd World Congress on Total Quality, January 1993
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Hon'ble
Atal Behari Vajpayee, Prime Minister of India with Dr. Madhav
Mehra |
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With Mr. L.K Advani, Deputy Prime Minsiter of India
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Corporates
urged to improve lot of poor
The Hindu [January
20 2005] |
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CSR
should focus on poverty alleviation
Economic Times
[January 19 2005] |
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Corporate
social responsibility makes business sense
The Hindu [January
19 2005] |
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| Poor
are not an obligation; they are an opportunity
>>>
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Bridging
the gap through CSR
Economic
Times, New Delhi [Monday, November 08 2004] |
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| CSR
the Key to Profitability in the 21st Century >>> |
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Poor are our Planet's Galactic
Business Opportunity
Quality
Times November 2004
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Unleashing
the Power of Apology
Corporate
Governance - International Journal for enhancing board performance
- November 2004 |
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| Should
Corporate Governance ratings be banned? |
| Business
Standard [ April 14 2004 ] |
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| Are we Making a Mockery of
Independent Directors? |
| Hindustan
Times [ April 13 2004]
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| More
Corporate Governance practices must be Adopted |
| Hindu
Business Line, April 5 2004 |
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| Corporate
Ratings bring false sense of Complacency |
| Hindustan
Times [April 5 2004] |
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| People
& Planet are as important as profit |
| Times
of India [ 23rd January, 2004] |
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| The
Triple Bottomline Approach |
| Asian
Age [ Monday, January 19th, 2004] |
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| Feeling
good, but where are the jobs? |
| The
Times of India, New Delhi [ Saturday, January 18th, 2004] |
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| Corporate
Leadership has a role to play |
| The
Pioneer, New Delhi [ Tuesday, December 30th, 2003] |
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| Corporate
Governance in a Disparate World |
| Dr
Madhav Mehra, President World Council for Corporate Governance
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| Triple
bottomline approaches for building corporations that last |
| Dr
Madhav Mehra, President World Council for Corporate Governance
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Wide
Gap between staff, CEO remuneration: study
The Business Age [Asian Age]
London Saturday- Sunday 15-16 November 2003 |
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Dr
Madhav Mehra, president, World Council for Corporate Governance
also expressed his views in saying that CEOs have not been
focusing on creating wealth but manipulating figures to
justify large bonuses to enhance their pay packages and
pointed out that the other reason for corporate collapse
is the "mortal fear in which today's CEO lives off
the stock market, which forces him to inflate quarterly
earnings. We have to educate investors to ignore quarterly
reports and take a long view of the company's performance."
View PDF
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Dr
Madhav Mehra
Delivering Keynote Address in Abu-Dhabi
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"UAE's
success story is built on the diversity of its workforce.
Ethnic mix & diversity are critical to corporate vitality"
read more
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Dr
Mehra believes that Indians abroad are the most innovative race
in the world ... Full
Article
Finding
Quality Time
Dr Madhav Mehra interview - Economic Times
[September 8, 2003 12:00:29 am ]
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| "A
Product that meets customer expectations but pollutes environment
is not a quality product" - says Dr Madhav Mehra, Chairman
World Quality Council in his interview with Delhi Doodarshan TV
Network.
Dr
Madhav Mehra interview
With Delhi Doodarshan TV Network |
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Changing
Role of Business in Society- New Challenges for Directors
Dr Mehra's speech at the IOD Foundation
Day, 18 august 2003 |
| Profound change is taking place in
the business landscape. Rapid and accelerating advances in science
and technology are transfiguring the work place as never before.
The knowledge era is empowering the customers and employees, democratising
the social, economic and political institutions and creating a
sustainable relationship between environment and the human kind.
Social and psychological engines fired by the knowledge era are
transforming the business, government and societies all around
the world. This transformation is also wreeking havoc on the institutions,
creating chaos, causing disruption and disequilibrium..full artilce
read more ... |
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| Should
Democracy be shortchanging the Voters
Dr Madhav Mehra |
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Recent debate on synchronised
polls shows overstated concern for security and constitutional
problems in a change over to simultaneous elections to all seats
for a fixed term of 5 years. The benefits of synchronised poll
to all 543 Lok Sabha and 4039 assembly seats are so overwhelming
that we can no longer afford to view the issue in a partisan context...read
full article... |
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| Changing
Life Styles and Innovating Environment Management
Business India - Dr Madhav Mehra on People
page 145
[July 21-August 3]
It is not everyday that one finds
a successful bureaucrat becoming a sucessful environment activist.
But Madhav Mehra, a former director in the Ministry of Railways,
appears to have made the transition effortlessly. Having quit
a government job a decade back,.... |
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Greening
Industry
Dr Madhav Mehra Interview - Times of India
[ Monday, July 14, 2003 12:00:29 am ]
He is a prosperous NRI Londoner whose heart still beats for Palampur,
his ancestral hometown in Himachal Pradesh. Having spent more
than three decades as a hard-nosed businessman, Madhav Mehra is
now devoted to environmental protection and cleaning up of industrial
practices. The chairman of the World Environment Foundation (WEF)
tells Narayani Ganesh that the only way to resolve the man-environment
face-off is to go back to our tradition, which emphasises a holistic
approach to almost everything: ...full article |
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Guru
of Substance
Dr Madhav Mehra Interview - Economic
Times
[19-26 January, 1996]
"India's first international
quality guru', Madhav Mehra has a full agenda - encouraging the
quality movement in the country while ensuring that it does not
degenerate into meaningless claims. read
more ... |
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| From Quality Management
to Eco-Management And Good Governance |
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Quality is described as
meeting customer expectations in terms of costs, specifications
and delivery. If you provide a customer a service or a product
which meets his/her requirements in terms of specifications, costs
and delivery in full but pollutes the environment would you call
it a quality product? "Definitely not! If providing a product
or service to meet a particular customer’s need ends up
in polluting the environment for our children can it still be
called a quality product or quality service? It is time, therefore,
we had a relook at the definition of quality", says Dr Madhav
Mehra. Dr Mehra is currently making a spirited case for move from
quality management to eco-management or for Total Quality Management
(TQM) to Total Eco Effective Management (TEEM). - Full
extract |
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| Sustaining Environment from
Cradle to Cradle |
| "We must change our lifestyles
and paradigms. Nature does not move from cradle to grave but cradle
to cradle", says Dr Madhav Mehra delivering a keynote address
atr the 5th World Congress on Environment Management on 15/16
June in Palampur. to cradle For the past 30 years environment
has been the subject of a multitude of conferences, debates conventions,
seminars, declaration and protocols. Yet we seem to be getting
nowhere. The threat of global warming, depletion of the ozone
layer, contamination of fresh water supplies, flood of toxic pollutants
and declining biodiversity is catastrophic. Action can not be
delayed.-full extract. |
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| Box Ticking Corporate Governance
is a recipe for Disaster |
| If there is one lesson to be learned
from the high profile corporate failures of Enron, WorldCom, Marconi
and the lot, it is that we must move away from the western model
of a box ticking approach to corporate governance. Enron had ticked
every box. The chairman of its audit committee was a person of
irreproachable reputation and no less than the Dean of Standard
Business School. Law, rules and regulations are never an answer
for the issues of head and heart”, this was stated by Dr
Mehra at a Press Conference concluding his hugely attended seminars
on “Unleash the Power of Corporate Boards” in Mumbai,
Calcutta and Delhi...
full article |
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| Revolt Against Directors |
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Dr
Mehra said that the basic reason for the recent corporate collapses
is the “mortal fear in which the today’s CEO lives
of the stock market which forces him to inflate quarterly earnings.
We have to educate investors to ignore quarterly reports and take
a long view of the company’s performance”.
He asserted, “the heart of corporate governance
is the independence of directors. Directors will never be independent
unless they are recruited and paid by an outside agency. World
Council for Corporate Governance is helping establish such an
agency for recruitment and placement of Non Executive Independent
Directors. But non executive directors will be ineffective unless
we can restrict the number of directorships an individual can
hold and take up with non performing directors”...
full article |
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| Getting Real about Governing
Corporations |
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Wall Street seems to have
pronounced the death knell of capitalism. It has fallen victim
to the worst form of crony capitalism of which it used to blame
the Asian economies. Never before has the downward-slide been
so persistent, so long and so sharp. Every measure that the US
government is taking to prop up the market or the dollar seems
to be working otherwise....full
story |
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