Monday, 16 October 2017

Worst of its kind

The worst thing that a manager can do is to take credit for his subordinate work. Credit is like happiness, it can be shared across thousands of team members and boss always has the right to take the credit of his team's work but depriving a  team member of the credit he deserves, is the worst of a manager. In fact he doesn't deserve to be a manager.

And the best thing that a manager can do is to give credit to his team for all that he has done. It raises the performance of the team multifold and gives back more credit to all the team members and takes the manager to a much higher level. So pass on all that you have and have all praise for your team in front of others, you will be surprised to see all that comes back to you multifold.

Monday, 2 October 2017

Fiction

There are just five people in space in ISS and Earth is hit by an asteroid and it's gone.

There is no possibility of any survival in Earth and the survival of humans in the universe is in the hands of the four men and a woman in ISS.

It ll take two years for the earth to become inhabitable and they fight for their survival in ISS and then in earth. Back in earth, everything need to be reinvented and future of human species is in the hands of only woman. The birth of their first child and the crave for female child brings the women to the centrestage. The story signifies the fragile world that we live and the importance of women in the evolution of human species..

Friday, 29 September 2017

Career Growth

Everybody is a Genius. But If You Judge a Fish by Its Ability to Climb a Tree, It Will Live Its Whole Life Believing that It is Stupid

Most of us are trying to climb a tree, because we have never seen the pond and we are afraid that we will sink in the pond. We are climbing the tree for very long time thinking that one day we ll reach the top of the tree.

Get rid of the tree, there is a big ocean out there..


Saturday, 22 July 2017

Risk appetite

What's the risk appetite? Risk is nothing but the chance of failure. If risk is 40%, that's the possibility of failure. If the risk of giving market credit is 1% of your revenue ( that's credit of 5% of revenue and 20% is the risk), then we also need to assess what is the risk of not giving the credit, in other words the loss of revenue by not giving credit. If the supply chain is driven by credit, the revenue loss will be very high compared to the credit loss. Such a simple calculation but why does organisations fail to understand this..  Here is a company which doesn't lose 0.01% of it's revenue in Market credit where as the Industry loss or expenditure in market credit is minimum 1% and the opportunity loss is more than 2%.

Credit loss is individual responsibility where as opportunity loss is no one's responsibility. Ease the individual responsibility or at least make everyone accountable for opportunity loss, someone will start easing individual responsibility!

Thursday, 15 June 2017

Man of Value

This is a great piece of wisdom from Einstein..

Try not to become a man of success, but a man of value. Look around at how people want to get more out of life than they put in. A man of value will give more than he receives. Be creative, but make sure that what you create is not a curse for mankind.

Einstein

Sunday, 11 June 2017

Frustrated overachievers

Cool, not everything in this world is under your control, life is not linear, expect the unexpected, results are not important all the time, what is the value that you have created, what is the value that you can create further. Focus on that and move on..

Friday, 2 June 2017

Selfishness

A Leader cannot be selfish, else he is no more a leader..

Courtesy: Donald Trump