Even though 2020 has been the worst year on record for many companies, due to the global pandemic, it has proved to be the breakthrough year for OMS LLP and our OMINDEX® company rating system. We trained 25 investment analysts to furnish them with the capability, for the first time, to respond to the growth in ESG investing by fusing traditional, company research with our own methodology. This helped us to create a total, holistic company analysis that captures all areas of value and risk.
As a result, we have witnessed companies engaging directly with the insights that OMINDEX® offers them. When they have received their own, unique, Organizational Maturity Rating (OMR), they begin to understand how human intangibles drive value and risk and how they can improve communication with investors about their own leadership and management practices. In the emerging era of ESG, sustainability and Total Stakeholder Value, OMINDEX® provides a global standard to navigate this critical transition, and an evidence-based measure to demonstrate progress.
So we are now delighted to be able to offer OMINDEX® training to in-house company leaders and managers, together with individual licenses to practice, under the auspices and assurance of the Maturity Institute. This offers companies the opportunity to develop in-house OMINDEX® capability; to utilise and operationalise our ground-breaking approach without the need for external support (and at a fraction of the cost).
“I have really enjoyed our collaboration thus far and look forward to being actively involved in the Maturity Institute in future” ; “This is very exciting and I am happy to join MI” OMINDEX analyst feedback
We would be pleased to discuss how this can be of value to both your company and the professional development of your own leaders and managers. The training programme already has a proven track record to ensure replicability and consistency of quality outcomes, while individuals learning the methodology have responded enthusiastically and proactively to developing their own new skills, which many now regard as essential to their job.
Please contact firstname.lastname@example.org for more information
Coronavirus exit strategies can pave the way to a new social contract: where all stakeholders are able to serve society to the best of their abilities, for the benefit of everyone. A new kind of leadership and management practice based on diagnosing true ‘organisational health’ and pursuing Total Stakeholder Value will make this happen.
Amidst the unfolding tragedy of COVID-19, it is heartening to read that the Financial Times sees the present pandemic as an opportunity to rewrite the “social contract”; the moral, political, social and economic relationships that bind us all within civil society. The fact that the FT’s Editorial Board put their collective name to this piece reveals the extent to which the current global crisis is forcing many commentators, business leaders and policymakers to fundamentally rethink organisational purpose, values and principles. In 2012 the Maturity Institute was established with the clear and explicit remit of redefining organisational purpose as the pursuit of maximum societal value. MI set about reworking the systemic foundations for a renewal of corporate legitimacy. By 2017 we worked with MI to progress to the stage of producing a blueprint, based on exemplar corporations, as measured against our universal OMINDEX® scale and framework in terms of their Total Stakeholder Value (TSV™).
TSV™ is a contract by which all stakeholders are afforded equity. It also provides a comprehensive, practical roadmap to help society transition away from the ‘shareholder primacy’ era of capitalism that was summarily brought to a close by the US Business Roundtable Statement issued on Monday 19th August 2019. The BRT statement, that ‘all stakeholders matter’, may have been a declaration of intent but it offered no alternative model for a better society; and business was largely carrying on as usual until the global pandemic brought the world economy to a shuddering halt. No doubt most CEOs around the world are viewing this pandemic as catastrophic, from a business viewpoint. Yet the coincidence of this event, following so closely on the demise of shareholder primacy, should be seen as a once-in-a-lifetime opportunity for every single person on the planet to experience a world that is permanently changed for the better.
Forming alliances to build a Total Stakeholder Value society
Roger Burnley’s epiphany (right) is one that awaits the vast majority of boards and CEOs who have been under the yoke of quarterly results for decades. Total Stakeholder Value frees them from this narrow view of ‘performance’ while benefitting shareholders in the process. This is the apparent paradox of maturity – how can everyone gain while no one loses? The answer is very simple, no ‘social’ contract can be fashioned from a zero sum gain; where the shareholder’s gain is society’s loss. Instead, the social contract that underpins OMINDEX® is already proven by exemplar companies. Our TSV™ system is built on the most sustainable foundations that satisfy all the criteria now generically referred to as ESG (environmental, social, governance). So why, and how, should corporations willinglingly enter into this contract, post-COVID-19?
In the last few years, we have been building partnerships to help corporate management practice transition and transform into Total Stakeholder Value organizations. In 2017, we collaborated with Hermes Investment Management to produce our groundbreaking study of the health of the global banking sector. We have taught our methods on MBA programmes and our evidence has powered research with Cambridge Judge Business School. We have also worked with company valuation and strategy consultants to demonstrate, quantifiably, how human intangibles drive intrinsic company value.
More recently our revolutionary, analytical methods have formed the basis of our alliance with Redburn Research. This enables Redburn equity analysts to use OMINDEX® ratings to integrate ESG into their company analyses and investment appraisals. The analysis they produce are the world’s first measure of whether business leaders are working to a much more responsible, and financially valuable, social contract. It has already creating excitement within the investment community and is providing a renewed basis for corporate engagement, where everyone is interested in building the most favourable, long-term value outcomes.
OMINDEX® also serves as an organisational diagnostic that provides a clear and simple series of practical steps; that will improve the value of a business, continuously, through its enhanced capability for increasing the value of its people. This model is already working but its continued success is dependent on executives and managers being dedicated to the task of realising true ‘organizational health’. Doctors and nurses are vocationally committed, and bound by oath, to always put the patients’ interests first; even at the personal risks they are now having to endure. This is the same standard we use for management; along with a stipulation that they have to employ the same scientific, evidence-based, methods used by the medical profession for over a century.
Commercial opportunities – emerging market for Mature Leadership & Management
OMS LLP is now ready to scale up its range of partnerships by developing professional practice collaborations with organisations and individuals who can adapt their own expertise to work in a mature, and more responsible, capitalist system. We are specifically seeking alliances with organisations engaged in board and c-suite advisory & consultancy; audit and accounting; and risk management.
Paul Kearns, MI Chair said: “We have made an important decision to share our OM30+ methodology (that produces Organisational Maturity Ratings for the OMS LLP OMINDEX). This is a crucial route to develop both greater understanding and the professional practice of organisational maturity and human governance, which will directly improve Total Stakeholder Value (TSV) as a result.
Stuart Woollard, Managing Partner OMS LLP said: “Sharing this methodology will show boards, investors and key stakeholders the power of Organizational Maturity to analyse and measure so called intangibles such as corporate culture, human governance and workforce management and, at the same time, understand their impact on sustainable value and material business risk. We know from our own experience with companies and the investment community that this is compelling technology that enables comparative measures of critical organisational factors that are currently missing. It also facilitates the design of roadmaps for powerful organisational change to make companies fit for purpose in today’s evolving business paradigm.”
The Maturity Institute (MI) comprises a global network of professionally accredited leaders, practitioners and academics creating value for all stakeholders through organizational maturity that realises the full value of human potential for the benefit of society.
About OMS LLP
Management quality and capability has been missing from conventional company management, valuation and investment decision making. Company failures and material value loss occur on a regular basis yet approaches to identify root causes use ineffective and weak diagnostics. Traditional analysis may identify certain corporate exemplars but not why they are able to generate long-term value differentiation. OMS fills that gap. OMS LLP researches, rates and advises on effective Organizational Maturity and Human Governance; a brand new discipline that finally makes whole, the way we examine, value and engage with companies to generate true, lasting value for all stakeholders.