So Many Companies - but are they Ideal ?

After spending quite some years in the corporate world, I started thinking something very basic. What is an ideal Organisation or company? How should it look like ? What should be its structure ? What should be its philosophy, vision ? Whether such an entity is possible in this present world?

But who can stop me imagining such an entity? When there is freedom of speech, then there should be infinite freedom of imagination!

Here I go with my humble suggestions to build an ideal organisation/company (take it or leave it!) :

Mission / Vision: To promote happiness among stake holders, society through business (without proper mission/vision any company tends to lose its way!)  

Structure: Flat structure without many levels - four or five levels not more (MD-Dir-GM_Mgr-Exec) {simple, easy to comprehend, ease of access}

Culture: 1) There is no playing to gallery- No show off, humility to be promoted as a virtue 2) No bossism but mutual respect 3) Employees as working partners 4) Constantly promoting an atmosphere of debate and consensus 5) Employees recognised for their work and work alone 6) Help employees realise their dreams 7) Frank discussion regarding their weaknesses and also helping them in overcoming weaknesses with proper training 8) Inculcate, promote high levels of integrity, transparency 9) No upward delegation ,Genuine empowerment 10) Every boss should make his subordinate grow. To teach, groom, and bringing him up should be his responsibility (Mentor Protégé) 11) Very ethical (is it possible to follow in business?)

Human Capital: 1) Most important resource – “A nation or a company – it is the people who make it” 2) Importance to be given to recruit people who run/finance their homes 3) Simple, ethical, value driven people with an extraordinary attitude and an open mind – Need not be brilliant, but should have enough passion.

Compliance: The rule of law to be respected and followed – 100% (whether it be paying taxes / reporting/ governance…any)

Profits:  Reasonable, Not only book profits but cash profits also

CSR - To contribute to the society sincerely (not just to fulfill mandatory requirements!)

Any takers ??