IPL – A Corporate Governance Success

Contrary to the beliefs and outcries from critics of the IPL, I have concrete evidence that the IPL is a successful corporation that demonstrates values and practices that meet and exceed global standards in corporate governance. I have tested the practices of the IPL against ISO 31000 (an objective science based international risk management standard developed through global consensus amongst 4 right wing ideologues from Australia and Japan and three Canadian Sycophants) and found them to compliant on all fronts. In the rich tradition of corporate governance consulting, I give you the top 10 reasons for why I believe IPL is an inspirational story for corporations worldwide. These reasons have been determined based on a scientific analysis of data collected from highly subjective, opinionated, and prejudiced minds of experts. Here goes:

1. Environmentally Conscious – Large open spaces were seen in stadiums left by partially constructed stands. These provided for fresh air and enhanced the architectural beauty of the grounds.
2. Diversity in the Workplace – The DD vs CSK playoff game was a case in point. Sunny Gupta moonwalked into the side as a like for like replacement (brown replacing brown) and was a shining light in IPL’s diversity practices. Additionally, a black guy was brought in place of a white guy who was dropped because a brown guy was injured. Balance of color was restored.
3. Work Life Balance – Players were provided flexible working hours and vacations for getting married, getting divorced, standing in political elections, becoming MPs, shooting ads etc. etc.
4. Social Responsibility – What’s his name who kept wickets and opened the innings for KKR in the finals and score 80 odd runs, was picked up from the streets and given a job when no one else would even care for him.
5. Strong Mentoring Program – Cheteswar Pujara was provided all the necessary tools and forums to talk to players very familiar (read folks from South Africa and India even if Chris Gayle was seated a couple of chairs away) with West Indian pitches even if he did not get to play an IPL game. Look at the outcome, Pujara has just won a game for India A against West Indies A.
6. Eliminating Age Discrimination – If Brad Hogg’s success story as a cricketer turned commentator turned IPL hero is not inspirational enough, I am not sure what is. Dermot Reeve, who last played for Warwickshire in the 16th century and was a successful commentator this year is gearing up for a season with Pune Warriors next year. I am 43 and happened to played with Harsha Bhogle in my childhood. Do I have a shot?
7. Fostering Innovation – Players were encouraged to employ innovative methods to supplement their earnings and were rewarded handsomely for advancements in Fix Laws of Probability and game theory.
8. Zero Tolerance of Sexual Harassment – CSK’s zero tolerance policy was in full effect as players were able to successfully avoided any untoward advances made by Suresh Raina on and off the field. His string of failures was an added advantage as he did not have much to cheer about anyway. Luke Pomersbach’s faith in India’s justice system and his subsequent settlement was removed from the evidence as it was deemed as an outlier.
9. Commitment to Regional Cooperation – The bailout of CSK by Deccan Chargers and Royal Challengers Bangalore was clearly an evidence of a bond and cooperation between regional partners that is unparalleled.
10. Producing Strong Leaders – The fact that the finals was played between two teams with the two best leaders in the game is a testimony. Their faith in high value employees in Ravindra Jadeja and Yusuf Pathan certainly paid off! Or did it?

– Srikanth

5 responses to “IPL – A Corporate Governance Success

  1. That part about playing with Harsha Bhogle. Is that true?

  2. Srikanth Mangalam

    Yes. Neighborhood cricket with Harsha.

  3. Harinee Mosur

    Fantastic post! 7 and 9 especially! This was the probably the only time in history where TN was ably supported by its neighbors.

  4. IPL has been a great cricketing sensation and it keeps on growing. I dont think, critics should over all oppose this league. I mean top cricketing nations are part of this league. Top players play in this league, they perform and they earn as well. Like Soccer, we use to hear million dollars contracts of players in that league, or in that league. I think cricket is flourishing with this tournament.

  5. Pretty nice post. I just stumbled upon your blog and wanted to say
    that I’ve truly enjoyed browsing your blog posts. In any case I’ll be subscribing to your rss feed and I hope you write again very soon!

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