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Tuesday, March 14, 2017
Tuesday, March 7, 2017
As an Employee, What Are The Returns On Your Investment (ROI) To The Company? | Stakeholder Management
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| image courtesy: https://i.ytimg.com/vi/026W1DKtmFA/hqdefault.jpg |
You draw salary ever month, right? how it is accounted? as CTC – cost to the
company. Everything comes at a cost. Be it a server or computers – all of these
fixed assets or movable assets come at a cost. What about human assets? Of course,
they come at a cost. But expensive as compared to any other.
As employees, there are so many expectations. Likewise, the employer
too harbours much from the workforce. Harmony is when both the expectations are
met. In many cases employees whine about a lot many things – some just need the
perfect excuse to complain and the whining begins, and at times never ends.
When things
are not to your satisfaction, accept and adapt.
Human psyche is such that nothing satisfies – ‘when one need
is meet, another crops’- Maslow’s law and very much applicable in all places. We
don’t live in a perfect world. So expecting a Utopian set-up is worse than
wishful thing or simply aid ‘unrealistic’. From a small startup to established behemoth,
there are always possibilities for people to complain.
Always contribute
more than your job description.
When you work to your true potential, you can do more than that’s
specified in the Job Description. Meeting expectation is breakeven. You are
compensated to the services rendered and company CTC is justified. No loss. No gain.
When the equation does become beneficial? When your contribution becomes more
in scope and involvement on a higher scale.
Widen your
horizon and Broaden your Base.
When do you, as an employee, exceed expectation? When you
complete tasks ahead of time; when you rise far and above to the call of your
duty; when you go out your way to accommodate more work. But if you are
comfortable doing the same job, then get out of the comfort zone as you tend to
become complacent and soon a replacement to fill you slot will be lookout.
Wear Multiple
Hats and Multi-task.
The demand versus supply is skewed. The competition is
cut-throat. The more skilled and more ways of skilled will make you outstanding.
Now complementing a ‘specialist’ role with ‘add-ons’ draws more eyeballs as end
of the day, like it or not, companies do tend to question ‘what more do I get
from this resource?”. It was about primary and secondary skills. Since the
competition has intensified, so have the expectations. So how many primary
skills and how many secondary skills are calibrated by the recruiter in terms
of proficiency: elementary, Limited Working, Professional Working, and Full
Professional working. These metrics are just a sample and companies have their
own systems of measurement to score marks for profiling. The more, the better
are your chances to get past screening to selection.
The Budget
on you should not become a burden.
The company apportions budget on its requirement. Spending on
salaries is huge slice of the pie as it’s a recurring cost. The investment of
other things can be a one-time or yearly (like renewals) but salaries are paid
monthly. So unless, there is appreciable returns from the employee’s output
companies will start bleeding and remain in red. Forget breakeven, the company
is headed towards loss.
So what are
we driving at?
Since you, as an employee, come at a cost, ensure your
returns to the company IS ALWAYS HIGHER, else you become a liability. All those
trainings and workshops and knowledge sharing are meant to shape you up for
stellar performance, and the when you fail to deliver, what happens to the
investment on you? Many companies ask such employees to leave or quit, and they
come out and crib as ‘injustice’ without
justifying their cost to the company. Increase
you value-add. Become the game changer. Bring more to the table. Do more. Let
your action-items increase in number, and add to the revenue.
Wednesday, March 1, 2017
Who Is The Boss? | People Management
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| image courtesy: https://appleofgodseye.files.wordpress.com/2011/02/1111.png |
Usually, it is
used as a moniker about the one who lords around or tries to throw the weight
by trying to herd.
The Boss, in
the titular role, don’t have to be bossy as mostly misunderstood. The Boss is synonymous
with Leader and just that our perception of ‘Boss’ is more about command and
control, somehow that title is very unsettling.
But just
like different times calls for different actors, a boss to has to resort to the
command and control if the situation mandates.
There are
many leadership styles: Autocratic, Democratic, Strategic,
Transformational, Laissez-faire. The boss can follow any such leadership
style or may be all but applicable to the audience (read as employees).
Are all
employees the same?
The 80/20 is very much present as inferred from the performance –
meaning, 80% of the workload is usually assigned to 20% of staff. Why? Because
they are ‘the’ performers. Notice carefully and you will find it hard to
dispute that the one who is hardworking and consistent on deliver is always
assigned more work. Why? Because of the delivery. Company needs employees who
are an able, reliable and consistent in performance. Employees are always a mix
and match . while some perform, some outperform and some don’t perform at all. Accordingly,
the Boss to has to adopt different leadership styles.
It will be
very unfair to portray the boss in a poor light just because he/she is unfairly
and unreasonably demanding. Some Boss scream “I want it and want it now”
without realizing the magnitude of work or plainly pushing their luck. But it
can go as far as possible. If shouting and screaming works, then work place
will be a street fight so chaotic that your differentiating factor as a Leader
will be your decibel level.
Command and
Control
This IS
required to the ones who need jumpstart. They can’t do it by themselves and some
push to move forward. In the worst case, push becomes a shove. That’s where the
‘Command and Control’ is exercised. “if you don’t do it, then..” might sound as
a threat but with some staff this works. Whipping works. These are poor in
self-esteem, lack confidence and hang in there for survival. And they know
well, that getting another job or alternatives is hard to come by and hence
respond to the command. It is the fear of getting fired that somehow extracts
the work. Hence, it is useful to such work force – usually new joinee, entry-level , fresher or experienced hires who are yet to
adapt to the new surroundings.
Democratic
Leadership through
consensus by winning confidence and gaining ‘buy-in’ of the team. This team is
mature and self-starters. They don’t need someone to be behind their back to
get the job done. Once delegated, they are on their own and ensure it is done
with minimal intervention and supervision. Accountability is usually high, and
the team takes pride in its performance.
Laissez-faire
This is not
commonly practices and usually associated with researches and their ilk. Such resources
are very independent from the start and don’t need any intervention or monitoring,
mostly, the engagement will be time-bound and hence the Boss will have very
less scope with regard to delegation or follow-up.
So
what kind of a Boss are you?
Brutal,
demanding, ruthless, callous, difficult, tough, harsh and aggressive? Just look
around and how many faces can your eyes meet and count. The Boss is responsible
for the cycle of business with the feet on the pedal. At one stroke the boss
has to face so many faces. Possible? That why that person is the Boss. And yes,
it takes some aggression and ruthlessness to get the job done weighing in the
80/20 rule. ‘The one who shows mercy on others denies oneself’ – doesn’t mean callous
in attitude. Though caring, they appear callous else the workforce becomes complacent.
Spare the rod, spoil the child. You might be all tall and grown up but at times
the rod in the form of some penalty makes you what you are really worth.
Imagining the
Boss as someone jumping up and down or hollering at the top of the voice in the
hope that their voice will be heard amidst the din of the backdrop of
expectations and projections is not the typical profile. Agreed, some Bosses
are obnoxious, petty-minded, self-centered and can’t think beyond business. But
then, it’s unfair to stereotype the Boss in such fashion. Some bosses are gentle,
willing with en ear to hear, and simply wonderful. The Boss, too, is a human with family to tend
and friends to catch up. It is just that they burn more hours and sacrifice so
much so that can draw a salary.
Thursday, February 23, 2017
How Do You Really Manage Time? | Time Management
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| image courtesy: http://www.azquotes.com/picture-quotes/quote-time-management-is-a-misnomer-the-challenge-is-to-manage-ourselves-stephen-covey-84-96-04.jpg |
They say ‘it’s easier said than done’. Truth be told, we are all pathetic
in managing time. Take for instance, when you arrive at the Airport, and read the flight status as
“Delayed”. The Project delivery is marked “Delayed”. No Project finishes on time
without incurring some delay. Delay is now acknowledged as part of life and
surprises springs when things happen on time.
Don’t take
your time for granted
Its 24 hours –like it or not. Yes, these days, its hardly
enough. Science changes many things but not the solar system. So 24 hours are
all you have. How best to utilize without wasting? Then much depends on what is
‘waste’? But what is certain: time is limited. Life is short.
Time flies. When it is
‘about Time’, then wrap it up. So work within the time limit set. That’s why
estimation is essential. Though accuracy is something difficult to achieve,
even with the advancement in techniques and thought process, historic data or
past experience should at least provide you ballpark. When you plan a task or
trip, what’s that you focus on? When will we complete / when will we reach? It’s
the ‘when’ which is assigned the maximum weightage.
Likewise, where and whom you spend your time too matters. Professionals
don’t work in line with the arms of the clock. Overstretching leads to early
burnout. In reality, it impacts the productivity of the succeeding day. When you
are dead tired after a hard day’s work, then you miss out on a lot many things,
especially stress relievers like family time, rest and sleep. The hangover is
carried forward. So the following day, your weariness pulls you down plunging
the productivity. Consistency is the key, and for that managing time is the
most important of all.
Some are sticklers to time. A minute late and tempers can be
seen flying and epithets and expletives expressed unreservedly. Why? Because the person values time so much,
while the ones to go easy with are more likely to take time for granted.
“ Better appreciate
what you HAVE before it turns out to be what you HAD! “
Don’t take
others' time for granted
If your respect someone, you will respect their time as well.
“Don’t waste my time and your time” – sounds familiar. Typically annoyed or
totally disinterested. Why? Because the time can be spent on something
worthwhile.
Besides, there are some characters with their own idiosyncrasy,
who just take a sadistic pleasure in making others wait – for the heck of it. Since
they sit on plum positions that offer the kind of cushion, comfort and the
control, people wait. Wait as they have no choice – it can be anyone from a
vendor to a stakeholder. Now is an employee a stakeholder? Of course, yes. And
is it fair to make them wait just because your calendar for that day is crowded.
Whose interest supersedes – an individual or company? Company. But without the ‘individuals’
will the company survive? And wont the individuals have their agenda for the
day and ripping off their rationed time for family is fair just because you’re
the Business Head or the Manager or the CEO? Those who wait might oblige grudgingly,
but the payback can be expected in some form. Those ‘Heads’ must think about
the possible ramification. Repercussions are bound to happen. When the suppressed
spirit finds release, don’t expect it to behave benevolently. ‘You will be
repaid in the same coin’ and ‘taste your own bitter medicine.’
Your agenda for the day might be jam-packed, and of course
unknown or unexpected calls might spring up, which can’t be ignored. They need to be accommodated without affecting
the agenda adversely.
“The key is
not to prioritize what’s on your schedule, but to schedule your priorities.” –
Stephen Covey
Remember, just as your time important, so will it be for
others you interact. Don’t abuse your position by taking their time for
granted. That’s the worst form of injustice.
Your feedback is important to us. Please leave your thoughts
here.
Tuesday, February 21, 2017
Doing The “Right Thing” Is Always Right? | People Management
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| image courtesy: https://quotefancy.com/quote/817658/Gilbert-K-Chesterton-Right-is-Right-even-if-nobody-does-it-Wrong-is-wrong-even-if |
Have you ever experienced the conflict within yourself? Many of
us would have experienced without realizing what it is. I would like to share
few scenarios of my life where I have contradicted myself and how it helped to
create the self-awareness within me.
From
a personal perspective:
What
is Right to me may not “RIGHT” to my spouse?
I always want my son to do things perfect in his studies and
sports which is my primary concern all the time, whereas my spouse always
wants to take care of my son’ interests and happiness emotionally. Who is wrong
here? None. Who is right? Perhaps, both.
We both have very different standpoint but the same mission in the upbringing of
our son. Hence, it’s obvious that we get into conflict when I try to make my
son to do things against his interest. To avoid confrontation, which might escalate
to arguments, she tend to downplay with my son when I am around and makes him to complete his school work and studies before my return from work.
It is like racing on thin ice. Most of the times, we do our
best to avoid situation that might result in conflict/argument. My spouse' maxims in managing my son need to
be balanced with my own principles to instil discipline. Eventually we respect the institution of marriage/family rather than self. The
more we kill the self, the better will be our family life. Is that right? I
agree.
From
a professional point of view:
What
is Right to me may not “RIGHT” to my manager?
Moving onto a professional realm, what appears right to you
may not be so with your colleague or manager. There are always differences in
opinion. As the saying goes, ““When two partners always agree, one of them is
not necessary."
As a team, when the crew has the same objective, there can be
different approach in accomplishments. Conflict or difference of opinion arises
in the professional life when the objective, level of urgency and priority
differs. Rifts can be resolved when we
align, with an open mind that there exists different ways and means to achieve
the goal. There is a streak of
self-righteousness in all of us, making us ‘Right’ always. Is that right? Certainly
not. You must be willing to listen to others’ opinion and perspective and for
all you know, they might be right or you can be proven wrong. Its all about objectivity
and a sense of rationality.
What I learnt so far in my professional life : get your objectives
aligned with your Manager’s (Stakeholders') objectives/Vision/Mission to avoid most of the
conflicts. When we work in an organization, there could be more ways to achieve
the mission and not necessarily only one way. Always focus towards the end results
without allowing yourself into petty squabbles of who is Right. It’s alright if
you are not right. No one is, for that matter all the time correct. We are not
picture perfect with a vision of 20/20. Don’t
get deviated. The less we spend on proving self, the more we focus on our
objectives & goals, and eventually become productive and promising.
We always welcome feedback, and your review will be very much appreciated.
We always welcome feedback, and your review will be very much appreciated.
Tuesday, February 14, 2017
Custom-Made.
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| image courtesy: https://d13yacurqjgara.cloudfront.net/users/334869/screenshots/1181483/custom-made_1x.jpg |
This might be a regular word in the IT industry offering
products and solutions. The definition states “made or done to order for a particular customer.”
Today, custom-made is cut across the industry fitting to customer specifics.
Just imagine a customer walking into a restaurant and
reading through the menu, and calls on the waiter to order something that’s not
part of the menu. The Customer doesn’t take NO for an answer, if you are really
keen on customer service. If it is not listed
on the menu, then better cook it – that’s the survival mode in the industry. This
is just an analogy that can be applied to any vertical or horizontal.
There is no ‘one size fits for all’ – all these might sounds
a cluster of clichés, but the spotlight is back on the customer beaming more
brightly than ever before. Customer is king. True, if not for the customer,
what will happen to business eco-system? Who drives business? If not for the
patronage of the customer, who pays for the bills – and that includes salaries.
“We got to think more on
the lines of doing something readily and exclusively made for the customer.”
We got to think more on the lines of doing something readily
and exclusively made for the customer. Right from sundry stuff to sophisticated
schooling.
Interestingly, trainings too have seen the swing when institutions
go out of the way to offer tailor-made trainings,
which are unique and inimitable to the customer in picture.
Now the engagement has gone one-notch above. Now customers brief a scenario to exact a
solution. It’s like turning a use case into an application – which may sound as an exaggeration. Not anymore.
In a recent enquiry, customer came out with a specific need
that was not part of our offering. In fact, they pinned the scope so neatly
that befits behavioral science, and refusal to entertain their enquiry will
make them shop elsewhere.
“You must be willing to
go as far as you can”
Today, the choice for
customer has grown manifold. If you aren’t ready, move aside, and the next one
in line will be inquired. So to a bag a business order, that connects directly
or loosely, it’s both important and imperative to make most of the
opportunity and drive hard for a
closure. It will be foolhardy to dismiss with a ‘sorry, we don’t have that in our catalogue” is to let the ball slip through your hands. Unless, its completely
beyond your strength, you must be willing to go as far as you can. Chances aren’t
easy to come by these days with competition throttling and scuttling at the
first instant possible.Customer service is evolving. The service provided will be
the game changer and excellence will result in clincher.
One of our customers
had an interesting anecdote. He was visiting a gift shop to buy something in
particular. The shop owner heard his order, and declared his helplessness as “not
available’ and turned his attention to the news on television. The customer
moved on to the next door, which too was a gift shop, ad that owner too didn’t have
the article, but instead of flatly refusing with a ‘No’, he was entrusting to offer the customer
with alternatives of ‘may be you would like this or try that one.” The spirit of engagement impressed
the customer, and even more impressive were the choices presented that the
customer never thought of, and in end he purchased one and promised to come
back. While leaving the shop, he looked at the previous shop and noticed the
distinct difference in entrepreneurship. One was willing to go way go way
beyond, while the other just sat and did nothing much. The customer left a
thank you note to the shopkeeper saying “that looks like it’s just made for me”.
Custom-made, perhaps.
Friday, February 10, 2017
The Art Of Poor Communication
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| image couretsy: http://doablefinance.com/wp-content/uploads/2016/05/Poor-Communication-Can-Ruin-a-Project.png |
When you are in a commanding position – from a Lead to a CEO
or Stakeholder, much is expected in terms of communication. Someone said ‘giving
is the best form of communication’. What do you give? Information.
And what exactly is communication? Transmitting thoughts
that can be read and understood. It’s not the mastery of the language or the
command of the vocabulary that makes your communication good. These are of
course required, if not good to possess, but the essence of communications gets
down to the basics. The simpler the content, easier the read, and greater the
understanding – it applies to both verbal and written form. We tend to assume
speakers who can speak for hours are good communicators. Some of the greatest
communicators, like Former President Ronald Reagan, who was known pen his own
drafts, is hailed one amongst the best in connecting with the audience. That is
the ultimate objective. Exchange of thoughts in manner there is no misunderstanding.
So what are the pitfalls in communication that makes it
poor? There are many, and we have selected some of the most recurring and
repeated mistakes.
Occupation Hazard:
It could be an occupation hazard or the work backdrop, that communication
suffers – though unintentionally. A Marketing professional uses some jargon
frequently used at the work place which subconsciously influences the fluency.
“So, what is the bottom line?” can have many interpretations and mostly
misunderstood. It can mean as the ‘most fundamental aspect’ or ‘the balance
sheet’. So how does a kid understand? ‘What is that you want to say finally?’
that’s why the disclaimer ‘occupational hazards’. It happens. Take for
instance, the acronyms. MSP can stand for “Managing Successful Programmes” to “Medicare
Secondary Payer “and several more expansions. So the context is
essential. Set the context, and even the jargons will fall in place. Else
Mandarin and Cantonese become Chinese languages but totally different.
Follow the 5-minute
rule: this happens with mind boggling frequency at the senior level when
they have to go through hundreds of mail in a day that some get missed out of
oversight but the sender feels slighted and, at times, insulted. It is a good
practice to post a return mail within 5 minutes, even if it’s just a line. “I
am busy right now. Can I get back by the end of the day?” and let’s say you
miss by the end of the day, the sender will give you the benefit of doubt that
something caught up and put the response on hold.
Avoid condescension;
another bane when mail or phone calls are deliberately given a pass because of
any reasons, mostly personal. Or even the gap in the ladder? “Oh, that person is
just a junior”. To shake your head sideways to proclaim ‘I never did that’ is
sanctimonious, at least, you would have delayed and assigned lower priority. To
say the least, the very act is unprofessional. So avoid. Effective Leaders are
known to make others feel exceptional, especially at the grassroots and above.
Treat everyone alike actually commands respect that they salute your spirit.
Beating the bush:
Time is money, and when time gets wasted, the loss is colossal. This happens
mostly in meetings when the speaker meanders, wandering around the world or
circling around the centerpiece without ever approaching the subject. Agile
standup meeting is cited as an example for its effectiveness in communication
as there is an agenda and a time limit. Carry an agenda and stick to it without
deviating much. There is a difference between brainstorming and team meetings. Let’s
not confuse and get carried away. Sometimes, even after hours of deliberation,
attendees have stepped out of the room scratching their head “what really went
inside?” this is the reason ‘Minutes of Meeting’ helps.
Listen and let the
other talk. There is no need for dominate but carry the conversation. Don’t
pretend listening or don’t listen with intent to ‘give it back’. There is a
streak of self-righteousness in all of us and hence we feel right in our sight
and assessment and most unwilling to entertain an alternate or opposing
perspective. You learn a lot by listening f only there is patience and willing
to hear out till the end without interrupting. Preempting or try to prove ‘I am
always right’ only weaken your stance. Rather let the other speak and hear. ‘The less he spoke the more he heard.’
Business conversations ought to be professional.
No Communication.
This is the worst form of communication. A meeting scheduled for a face to face
interaction gets postponed or deferred or doesn’t happen at all. A response to a mail is delayed, deferred or
plainly ignored. This can be both discouraging and demoralizing. It is poor in etiquette,
and pathetic to note that willful negligence can only resulted in wasted hours.
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