Management Wisdom

Its Sunday morning;Johnny is going to a German language class. Jonny is an engineering student who wants to pursue Masters in Automobile engineering in Germany. But wait; why is Johnny giving the civil services exam and also CAT, GATE, MBA-CET............the list goes on.There are a lot of choices for making a career today. Unfortunately there are a lot of counselors available today. Some are paid, some are free. In a country like India you get a lot of personal and professional advisers.Right from the watchman to the principal, to your music teacher. People will give advice on anything and everything. Johnny is one of those confused souls who is going with the wind.Taking suggestions from all, with an increasingly mounting parental pressure he is trying to fight his way through the eve increasing scope of career options that life throws in front of him each passing day. There is a debate whether the Indian society has changed over the years, where it is assumed that earlier

Organizations are becoming boundary less and the world is coming together to form one global community.But the question to ask here is whether we are losing our human touch.In the age of smart phone and smart gadgets are we losing our smartness. As technology advancements and innovations are increasing is there a threat to our civilization.We hear a lot about IQ,EQ and SQ, but do we really care about the HQ(Human Quotient). In this selfish world where we are trying to be independent and ignorant to the level of not helping the needy. I remember a few years ago the relationships were different. There was more time which people had for each other.People used to come together ,celebrate and enjoy occasions. Festivals were more than DJ parties and competitions. Money was not the center of the universe. Things have changed thick and fast. Today charity has become a marketing activity and CSR a promotion. Unfortunately religion is also used as a tool to exploit people , both emotio

We are all surprised and amazed at the PMs decision to ban Rs.500 and Rs. 1000 notes. Good or bad I dont know, but there is certainly a panic situation. Actually people are just rushing to get money from the bank even if they dont need it. This creates chaos and shortage of money for those who need it. Its time we come together, create awareness and educate people to optimise their expenses and unnecessarily hoard unwanted excess money

Being young especially in a country like India is a challenge.Youth from tier 2 cities and rural areas, on getting a job in the metros are often directionless and confused of how their personal and social life would be, leave alone their professional life. Today's corporate world is highly demanding.There is no breathing space and one mistake can be very costly. At such instances , I believe the senior management is responsible to nurture the youth. Effective mentoring and motivation should be given in order to get the best out of the young managers. On the other hand the youth also should be ready to align themselves to the culture and work sincerely. There have been many instances when people just waste their time during working hours and then show off that they are working late.Hence they sometimes find themselves under tremendous pressure when a lot of work comes in. The management should also give a serious consideration to various factors that can create a stressful w

Education is of high importance to the development of any nation.The nations education system determines its knowledge and the skill level. In India education is given high priority and value.Unfortunately the system development is lacking both at macro and micro level. Emphasis is given to a lot of bookish knowledge rather than practical application based knowledge. This is generally the gap which is exposed when the person moves from education field to the job field. The curriculum of the secondary and junior college makes it compulsory for students to learn everything.This way most of them become Jack of all trades but master of none.Students are clueless of what field they should opt and get totally confused. They end up choosing the wrong field many a times,sometimes due to trend following or due to parental or peer pressure.Instead, if the aptitude of the child is identified at secondary school level and the skills are honed, there is a higher chance that the person would

Organization culture comprises of a set of unwritten rules which give a unique personality to the organization. It is the system of shared assumption values that dictates the behaviour of the members in the organization. It displays various characteristics which may presume different weightages in different organizations. Members judge their values and try to match these perceived set of characteristics. These include innovation, attention to detail, emphasis on outcome, emphasis on people, teamwork and stability. The process oriented characteristics are easy to adapt for the companies. However the real challenge lies in adapting to the characteristics related to people. This is where diversity and inclusion play a very crucial role. It becomes imperative on the companies part to adapt to the cross cultural challenges, particularly when there is globalization taking place. Things are changing at a very rapid pace and culture is no exception to it; the company which tries to keep up it