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Holistic Economy
Deepak Cheerothy, Gokul Roshan .P &Tharun Sebastian
Lean Operations and Systems
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Introduction
A nation that aspires to be a super power
cannot take pride in abysmal 84th place in
Transparency Internationals 2009 Corruptions
Perceptions Index ranking.
Governments talk of India shining.
The scams are increasing day by day.
Everyone feels the need for a change, but
what is that change?
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Methodology
DMAIC(Six Sigma)
Primary Objective-Reduce the Corruption in
India.
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Define
Corruption in India.
Corruption is the abuse of entrusted power
for private gain.
Corporate Scams in India.
Define
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The Corruption Perceptions Index (CPI)measures the perceived level of public-sectorcorruption in 180 countries and territories
around the world.
The CPI is a "survey of surveys", based on 13different expert and business surveys.
India ranks 84th place in TransparencyInternationals 2009 Corruptions PerceptionsIndex ranking out of 180 with CPI 3.4.
Define
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Measure
Reverse Brainstorming and Online Survey
Period -2 months.
A questionnaire was made and was circulatedfor primary data .
Define Measure
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88%
12%
Do you thi k Indiai
Corrupted?
Y
No 78%
16%6%
Doyou think there i a
need for change?
Y
No
y
7 %
%
Gender
F
8%
8%2%
12%
Age
1 o 2
2 o
o 5
5 Abo
D fin ur
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AnalysisFish Bone Diagram
Define Measure Analyze
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Pareto Chart
0
10
20
30
40
0
0
0
80
90
100
Selfish Desire Poor incentives Lack of Accountability Lack of Punishment
Measures
Lack of transparency
Pareto Chart for Causes ofCorruption
Percentage of Total
Cumulative Percentage
Define Measure Analyze
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Improvement and Control
Holistic Economy is the concept in which moral values with the support
ofthe nowledgeencourages theemployees to transfer and better
utilize their nowledge that is in linewith company/organization goalsfor sustainable business.
Define Measure Analyze Improve Control
ScientificManagement
(1911)
KnowledgeEconomy
(19 )
HolisticEconomy
(2010)
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Holistic economy can be achieved by
eliminating the root cause.
So from the childhood moral values should betaught and practiced.
It should be continued also in UG,PG and
Corporate .
This will result in the continuous improvement
of the humans.
Define Measure Analyze Improve Control
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Benefits ofHolistic Economy
Transparency
Open communication
Commitment
Equity
Morality
Less Layoffs
Quality
Faith
Fairness
Respect
Responsibility
Generosity
Define Measure Analyze Improve Control
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Findings
People are bothered about corruption.
Respondents , consider holistic economy nota practical concept even though they are
convinced of the need for a change..
Many respondents are of the opinion that ifeveryone else follows it, they will also follow .
They are only concerned about the direct andindirect impact on the stake holders of theirbusiness.
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Suggestions
If the Holistic economy concept is implemented as anindustry practice many people are willing to take part
in the successful implementation of the concept.
Since awareness of the concept is less among the
respondents , budding Generation should beexposed to this concept at an early stage itself.
Holistic Education should be made part of
Curriculum.
Honest Employees should be encouraged and taken
care.