Gap Analysis Report on Assisting Businesses in 2020 & 2021
By, K.S.Venkatram, Gap Analysis, AOEC 2020
Concepts: The Mission Atma Nirbhar economic package, Guarantee-free loans, Economic benefit & Relief packages, Monetary-policy rates
Business Impact Analysis for today’s economic downturns
The crisis in late 2019 and the current period in 2020 have left many businesses climbing uphill.
The uphill being experienced could become issues where the businesses
1. May shutdown or reduce operations
2. May merge with other businesses
3. May redesign their business model
4. May revise their business services
5. May seek guidelines about any Code of common conduct or Code of business interest from the GOI and its authorities
To relate as to why this is so
Today when as people we learn or work, we are mostly driven by a Behavioural Model that includes elements that acknowledge
(1) Our physiological needs
(2) Our security and social needs
(3) Our self-actualization needs
(4) Our inherent need for acceptance either in the market, or at the work involvement level or the personal involvement level
(5) Our intent to subsist or manage influences
(6) Our concern about the economy (crisis 2019)
We cannot expect to operate in climbing uphill when the dynamics involved are global or PAN India.
The current gap analysis recommends the definition of a PETM platform, where PETM stands for Profilometer (details) Exchange Track Management.
The Focal point
We in India and rest of the world are used to problem solving where Fast Track solutions are proposed and incorporated.
The Fast Track solution being proposed is based on a profile that can be associated with businesses, where the profile helps the GOI or its authorities understand the role of Governance, Quality and Management, where this can help look past the Quality of Service (is it enough watershed?) to incorporate “agile” components that help businesses remain pertinent to a PETM configuration expected from them.
Today the pertinent fact is that many businesses are trying to respond or reach profitability.
The PETM platform
The PETM platform functionally uses a honey comb effect, to help businesses remain pertinent and agile for the economic scenarios seen or expected in the time ahead.
The PETM platform revolves around 4 elements, where virtual inter-vulnerability connects them to design / introduce / enable methodologies for Production or Process Dashboard(s) for Estimation, Costing, Management and Responsiveness.
Most businesses do practice Estimation, Costing, Management and Distinct operations to remain profitable.
The PETM platform recommends the use of a Profile specific Dashboard that helps assist, audit or improve responsiveness for economic downturns or ensuing crisis.
The past model that used the “vision of business management” will need to extend to “vision for pertinence and configuration”, where new configurations and exchanges of information will need to design or report honey comb determinants like
1. Compatibility or Liability for a Code of Common conduct, or Code of Business interest
2. Performance or QoS for a Management index expected
3. Efficiency or Resilience for any or new inter-vulnerability mapping and resolution
4. Business Impact Management or Contingency Planning for improved sustainability
Some of these determinants have been explained in different documents by the consultant to review furtherance and problem solving.
Summarized details will be included in the next version of the document and via the MIR standard for sustainable development & growth that is still work in progress. Proof-of-concept websites have been hosted to take this insight across to the industry.
What is different, given that we have ISO standards etc?
Conceptually quality conscious or interrelated businesses do not work according to any honey comb configuration or determinant.
The vision for pertinence and agility is not designed into any universal mindfulness or common business modelling, but is a subject of discussion or concern.
The consultant has hosted proof of concept websites in this regard
Website URL: www.venkataoec.wixsite.com/mir2020
Website URL: www.venkataoec.wixsite.com/fastbiz
Website URL: www.venkataoec.wixsite.com/resourcecentre
For more information, please contact the consultant on +91 9342867666 or by email at venkataoec@gmail.com
Current crisis, problem solving, remedy and transformation
2020 and expectantly beyond
Business solutions, products, commodities, goods or services will be affected by increased dynamics or slowdowns, we must innovate to subsist or manage influences.
Via the PETM platform and its design for mindful planning, one can set a Code of common conduct or Code of business interest for inter-related influencers such as
1. Focusing on policy requirements (Code of common conduct or Code of business interest), schemes, tools and resources to do business and reach out
2. Developing of a “GOI or Honey Comb effect” Dashboard System to show ability and responsive thinking to subsist through the dynamics in the economy, the market and the still un-codified for PRT taxation system, where PRT stands for problem solving, remedy and transformation.
3. Functioning according to the importance of a business’s product, commodity, good or service
4. Responding for the Level of consumption or buying capability
5. Balancing of demand with supply
The Furtherance Horizon is more Strategic, Precise and Expedient