Mind... its the ultimate mystery anybody can come across! It works faster than light at times... slower than a tortoise at others... It's the best strategist available! It'll never let you know what is deep inside it unless and until you decide to search for it wit utmost interest! Mine is one such mind with different facets associated with it... emotional... logical... practical... spiritual... knowledgeable... yet to discover it though!
Tuesday, November 9, 2010
Managing without the power of execution
In the quest for beating the rest in the rat race and 'Growing' in the industry, one has to deal with the mid-management layer. As my idle days at office continued, I pondered over the career progression offered by the industry. Well, it makes a lot of sense. Though Elliott Jaques considers this as one of the factors for the occurrence of Midlife crisis, it definitely is something which one has to go through.
Usually in this stage of the career, a person gets into a lot of gray areas which tests his patience. The interactions with BOP seem to be obvious; the interactions with the TOP seem to be ridiculous. Though he might know what has to be done to get things done in the right way, he might not be given powers to implement it (strictly coz of the fact that the data available to the guys at the top is very much different). This raises the frustration level and thus might affect his contribution to the company.
The best way to deal with this problem - 'Think in their shoes. Wear a different shoe when you enter into a different discussion...' and Voila! It works! While the concept of 'Six thinking Hats' deals with the different angles of decision making; it is highly applicable for the day-day situations that a person at the mid-management level undergoes. By doing this, unknowingly, he will be grooming himself up for the growth. Having been at the lower levels more recently than his managers, one should be in a better position to strike a connect with them in order to understand them and sync with their thought process. In the quest of growing up, one should be in a position to strike a chord with the top layer.
The question that people at this level often go through is - 'Do I have to really go through all this in order to earn a few bucks?' Well... yes my dear friend; you have to! That is when you will be broadening your reach, getting to understand the different angles of the human psychology, understanding the bigger picture, polishing yourself etc. These are just a few essential traits to deal with the issues faced by the top management. Either you startup someday or grow in the industry to reach the top; immaterial of the path taken, these traits are highly essential for an individual.
Monday, November 8, 2010
The Finance function...
Another day of idleness at office and I started thinking about the working of a Finance function in an organization. Since I have the liberty of walking down to the highly co-operative Finance team and getting the details from them in a generic perspective it made it a lot easier.
After having seen the Q2 results of various industries over the last month, I was in particular wondering about the amount of impact forex rate fluctuations can have on the balance sheets of an organization which is locally registered (and hence the balance sheet should reflect the local currency). It is a no-brainer to guess the fact that the magnitude of the impact is in direct proportion to the size of the deal. A 10 paisa (INR) can make a difference of 100 million in a $1bn deal! Now, though the amount looks to be huge, an organization should concentrate on the factor - 'Percentage contribution of the revenue'; Saying, what % of the total revenue is this 100M contributing to. For a SME, yes it is a huge %; likewise for a larger enterprise, it might not make a huge difference! The enterprises usually get into a contract with the bank where they agree on a future rate in dealing with the currency conversion. This way the risk of currency fluctuation is mitigated to some extent.
During the conversation, I also was informed about the way bank accounts are created in order to avoid the conversion rates (forex transfer rates). Since the % deduction in the forex transfer depends on the bank, it becomes fairly important to avoid this. A forex account specific to the currency of operation is the answer for this. By making this forex account local to the client site, it only avoids the transfer rate. However, the macro-economic parameters (service tax etc.) are country specific and viewed with a bigger picture. Here, it depends on the kind of work being done. If it is a bodyshopping (the service provider just provides resources and are not responsible for what work is done by him), services taxes are most likely to be applicable depending on the country's corporate laws. If a complete development work is done, there might not be a service tax. But all this highly depends on the country with which the engagement happens.
I also worked out a high level Team structure for an IT industry which has to be in place for smooth operation. The team size and intermediate hierarchies depend on the size of the organization.
Monday, September 13, 2010
It's never too late...
Any organization to sustain over a long period of time with the same amount of motivation in the people has to grow horizontally! Should get into unknown areas of operations... It might take a few bucks and a few more scars on the face but that really is the only way out! If it doesn't succeed to do so, the whole drama of the top notch creaming off starts! When an enterprise doesn't start getting its work done by guys risen from the Bottom Of the Pyramid (BOP), it just cannot deliver new stuff! It always goes by the saying - 'You cannot expect things to change if you don't change the way of dealing with it!'
Having said all this, the whole thought process which was running through my mind since a week was the appropriate time for starting up! Well... the only answer which came out all the time was 'There is no std ans for this!' It seriously is never too late! I have come across people starting up at their 50s. At the same time, have come across people starting up rt after college... So, it precisely is an output of an individual's risk appetite. It all depends on how much can a person bear in order to get into what he is passionate about. Kalyan Verma for example - He just knew that he wanted to be the 'Mogli' of the jungle and entered the Western Ghats and learnt the tricks of the trade on the field for sometime... Then came the boom of photography (thanks to IT...) and boom he clicked his way out for existance!
Many more such examples are there... Hence it is never too late... Just start off with the intial set of ideas and things may fall in place at some point of time. Having worked in unorganized sectors for quite sometime now, I have realized the importance of getting your hands dirty when it comes to on the field jobs! It is always easy to play a blame game and works very well in organized sectors. But, to get things rolling whichever may be the sector one has to roll on the floor and get dirty ... aakhir - 'daag acche hai' :D ...
So guys who want to get out and get going, just do that if you feel you can sustain for sometime financially!!
Cheers,
Shreyas
Tuesday, August 31, 2010
Groom to grow...
Nevertheless getting back to the thought process which provoked me to write today; it has been months since I have been thinking about this concept of grooming in a corporate world. I off late end up in discussions which tend to end up in this wonderful concept of grooming the kids! I was in fact amazed with one such conversation in particular where the plan was to plan for a grooming session for organizational promotions. Having groomed a good and co-operative team in the past, these are a few pointers which I feel are essential for an organization to adapt for them to build the next-gen professionals:
>> Psychographic analysis - Not all individuals need hand holding. As a person at the top, one needs to realize 'how to deal with whom.' I like to quote this snippet from a Sanskrit poem which says '... praptetu shoDashe varshe, putram mitramvadaachareth'; meaning once the son (kid) reaches an age group of 16, he has to be treated like a friend by his parents. So, you should know when to guide and when not to. Too much of hand-holding might put the person being groomed in a situation where he wouldn't commit a mistake and wouldn't have dirtied his hands to deal with things later! So, a lot of psychographic analysis needs to go in before you decide how to groom an individual.
>> Conflict Management - I see conflict as an inbuilt boon in any team. Though it makes the situation a bit inconvenient for a few in the team, parking the egos help! This is a very hard lesson to learn as it demands a change in the way an individual works. It takes years for a few and just a few days for a few; majorly dependant on the maturity level of the individual involved in the transformation process. Having seen it myself, I would strongly recommend a good talk around ego and anger management to resolve conflicting situation. This will give a perspective of thought process for the person being groomed himself as he can experience it first hand!
>> Birds' eye view - It is necessary for people moving to more responsible positions to have an organizational perspective of their day-day work. This not only helps in aligning their thought to that of the organization, but also in adding to the maturity level of the individual. He / She will surely come out of the cocoon being an adorable butterfly!
>> Being politically transparent - Transparency of operations is one thing which I have seen working in an organization; be it a small team or a huge corporate. At the same time, people at all walks of the hierarchy should keep in mind about the consequences of being transparent. Hence a balance should be drawn in terms of what has to be transparent in what ways etc. It necessarily doesn’t mean that one has to lie always; but has to be matured enough to realize and accept the fact that not everyone views the information in the way you meant. Even a small coin has atleast two faces! So, political correctness has to be imbibed!
These are a few essentials which I feel has to be imbibed in a grooming session and one cannot expect to be done with grooming overnight! To sum it up ‘Professional maturity’ is the key word and an organization should realize the importance of such a session and view it as a strategic way forward instead of a time & material calculation...
Thursday, July 15, 2010
Quandary of a Police Department
Riding my bike on a cloudy evening always gives me immense pleasure. With the cool breeze hitting my face, I will always be racing against time trying my best to sneak into gallis and space between vehicles to ensure that I reach the destination as soon as possible without getting wet. Having spent most of my life in Bangalore, a cloudy evening has always been an all time gift. It was one such evening where I was racing home after office at around 8PM. I just happened to encounter a red signal at the Lalbagh west gate. Very unusual of me, I jumped the signal (had done this after months though) and to my bad luck, there was this Head Constable (HC) Sidayya waiting for me with his boss!
I was stopped right away and I promptly paid him Rs.100 upon acknowledgement of a receipt. One more individual followed me and he too was stopped; but to my surprise, he was allowed to pass through. Then was my time to protest the act of not filing against the other person. I put the stand of my bike and set out to quarrel with the HC. After a hot initial talk, the conversation turned into a discussion and the funniest part was it turning into a grievance session where the HC ended up letting out his frustrations on the traffic police operational inefficiency!
The traffic police are set daily targets of around Rs.3000 - Rs.4000 depending on the inflow of traffic in the area of operation. The night duty policemen detecting the drunken driving case have a target of Rs.5000 per night! That day, there was a high profile meeting of the politicians near the Vasavi School and hence our Siddayya and his boss were asked to do the traffic control duty on this day till 11 PM in the night though his house was 35Kms away. It was his boss’s wedding anniversary that day and he was there on the streets controlling the traffic flow since 9 in the morning! He had to literally beg his higher authorities to leave for the day as he had still not met his daily target.
Now, isn’t this frustrating! To add more to it is the fact that they are not given even a single leave in a month and they have to work for 6 days in a week after being paid peanuts! Now, where will anybody get motivation to work under such an environment? Seeing all this, our Sidayya rejected a promotion to the post of a Sub Inspector few years back. This is the current motivational level of the traffic police! This is not just the case of Siddayya or his boss here. It is the question of the entire police department. Even the area police departments have the same issue. Their targets are in terms of crimes though.
It is a basic HRM related issue which may be a bigger bomb if not addressed as soon as possible. Considering the criticality of the department, it is very important for the government officials to consider this as a high priority issue. If the issue is kept apart and one goes to think about the approach of tackling crime, it Is very shameful to see the targets set on the amount of crime done! It seems as though the basics of prevention being better than cure have been forgotten. Hope the new age policemen are allowed to have a say in things and a more intelligent system in terms of planning emerges. But I definitely praise the act of innovation of the police where they have adopted Bluetooth and other advanced technicalities for operations!
PS: Names changed for security purposes
Monday, July 12, 2010
Amedikallu - An early monsoon trek…
It was the first week of July’10 and I was held up with a little extra work on hands. But as always, ‘The woods were calling…’ I happened to have a random check on the BMC website and found an unseen name – Amedikallu. I was not sure of a 2 day trek initially and had almost decided for a night trek on a Saturday. But eventually I could not avoid the desire to be amidst the Western Ghats. Amedikallu through BMC on the 3rd and 4th of July it was!
Amedikallu is a part of the thick shola forest range offered by the Charmadi Ghat section of the Western Ghats. Amedikallu has a huge monolith at the top which appears like a giant turtle and 3 huge stones which give an appearance of a stove. This peak is surrounded by many other important peaks of Western Ghats. It is considered to be one of the toughest in Karnataka and is a two day trek if one wants to make it to the peak comfortably.
All set to go, I got a call at 10:15PM on the 2nd of July. Kiran, our super enthusiastic trek coordinator from BMC had a quick check with me on the people waiting to board the Swaraj Mazda. After a small round of introduction, we took off from the city life that night and after a super bumpy drive, we arrived at the home stay at Arasinamakki near Dharmasthala (http://streamofjoy.com). It is very simple to reach there. You can catch local buses also to reach this place. The route is (from Bangalore - 260 KM): Hassan- Sakleshpur- Gundya- Enjira (take right diversion here)- Arasiamakki. You can always contact Mr.Kashinath ( 09343206307, 08251-268225 or 09845088088) for any details of it. I can fill this blog by describing the home stay alone, but the best part which I found to be really worth is sitting on the banks of the Kapila river flowing next to the huts where we were staying.
It took us only 30 minutes to freshen up as most of us decided not to take bath that day (provided that it will rain anyway during the trek; else you will anyway sweat). This is the best part of a trek for me where you don’t give a damn about anything else! Nevertheless after a little round of loitering around and an early morning photography, it was time for nice hot ‘taTTe Idlis’ (Plate Idlis - A South Indian dish usually consumed during breakfast or as an evening snack) and amazing ‘Coconut Chutney’. We then packed our lunch and set out for the trek. The 10 of us, Saikat (the guy who can eat anything for existence), Abhijit (he looked like a nerd initially ;)), Sudhansu (the odIya babu), Pradeep (the to be IITK grad), Kiran (the tiger), Sekhar (the Chennai musketeer), Guru (the silent killer), Animesh (Animation though :D), Deepika (the joyous lon(v)ely lady) and myself were accompanied by the trek coordinator Kiran and a local guide.
It was a pretty decent start at 8:30 in the morning. One usually needs to go through the shola forest range to reach the peaks at the Western Ghats. Though we knew that leeches will be there, we were not much bothered about it until we saw them climbing our shoes. Then came the series of ‘S**ts’ and ‘F**ks’ from all of us. The forests were so damp that there were leeches falling from the wet trees, every few steps we took, we were assured of shaking legs with one leech atleast… But after a while, we got used to it and we had mastered the art of plucking them away without salt or fire.
After we crossed the forest range, the contact with the leeches came down and we were amidst the elephant leaf filled grasslands. Since it was early monsoons, the height of the grass was not much. But if a five footer visits the place post monsoons, the group will surely have a tough time locating him! The grass was sharp enough to cut your skin upon application of a little pressure. Around 12 noon we halted to have a quick lunch. After the lunch, 8 of us decided to move ahead and the remaining 4 stayed back. After climbing some distance, myself and Guru decided to stay back as the rocks were really slippery and we took a call to halt there for a while and join the group of 4 in sometime. I would love to visit the place one day to complete it though!
The wait for the 6 of them who had gone ahead almost to the summit was looking like never ending. The weather became tough. Rains, mist and breeze looked to be a deadly combo offer by the Mother Nature. A little bit of internal heat generation via ‘Pranayam’ helped me to stay without a jacket here. I realized the importance of keeping your body metabolism intact. Later we decided to descend before the others returned. As we were returning, we heard the voices of the rest of the people. So, the group of 12 again started to climb down. Except for a few places of only grass, we were able to figure out the way. A few of us decided to literally run through the forest range as we were not ready to treat the leeches after the rains. This was another amazing event where I found myself running alone amidst the thick forest range. We had the pre-historic communicators (via quick shouts) to ensure that all of us are heading the same way.
Finally, at 4 PM, we were back to the place where we started from just to discover that a few leeches are there inside our shoes! After a quick cleanup, we left to the home stay where hot ‘Mangalore bajjis’ (A Mangalore special evening savory) was waiting for us! A good round of talk and dinner saw us through the time before we slept peacefully.
‘Get us guys!’ was the call at sharp 6:30AM in the morning. It was Deepika waking us all up in the morning to ensure that the next day’s itenary is not affected. ‘is badmaash ko flush out karo!’ was the next set of phrase I remember where Abhijit and Animesh were on a mission to kill the leeches inside the room! Before we set out for the day’s activities we had a very good breakfast of Dosas where Mr.Kashinath informed me that the previous night a snake just went behind me while I was having dinner. I was like damn, I missed it again. Till date I have not seen a snake in its natural habitat…
A quick visit to the Shishileshwara temple (Fish temple) and the lovely stream of the kapila river leading to Dharmasthala made our morning on the day 2. We left for the day heading out to the city thinking that the activities are done for two days. But the TT driver proved us to be wrong when a Tata Sumo banged the bumper in the heavy traffic of Bangalore. A 20 minute negotiation and we were done with it. It was time for me to take leave from this amazing set of people with whom I had another memorable weekend!
Cheers,
Shreyas
Monday, May 10, 2010
koDri aNNa Road Tax!
It was a Friday and I was on my way back home from college. It was the end of another hot week at Bangalore as there was absolutely no rain during the week. Unfortunately, I encountered a red signal at the signal near the old Family mart (Junction connecting Kanakpura road with the ring road). It was for me to sight a few eunuchs on the other side of the road. It in fact is a very normal sight for Bangaloreans off late to find them at signals across the city. So, I was not surprised to see one. The fact which took me by awe was the person mentioning the word “Road Tax”! The person near the vehicle and uttered “koDri aNNa Road Tax!” (Give me the Road Tax brother…). Now this was something new!
I was easily able to relate the person’s words with the way we deal with the market. Since I have been involved with the marketing world since more than an year now, it made a lot of sense to me. The way authentic words are abused in the management world is exactly what I was referring to. ‘Strategy’, ‘Synergy’, ‘Depends’, ‘Let’s see’ and many more are used just in the same way. Well, at the end of the day the person was trying to market an intangible value through which a perceived value from the prospective customers could be bought.
Putting myself in a marketer’s shoe let me see the other side of the coin. Well it is really important as a marketer for one to use well knitted gloves in this heavy weight competition! When there are thousand people around exploiting the economic situation to get some bucks in their pocket, it makes sense to get atleast the left out; in which case a company will be forced to knit its offerings very well by exploiting the words which are there at the offerings to get used up!
Looking at the incident from the perspective of a social being, I was sad and at the same time angry with the situation. Frankly speaking, the community of eunuchs started agitations long back when there was not much equality displayed in the society. They were treated as untouchables and were dying to find a decent life (the case is not much different these days either)! This is where this collection of ‘chanda’ started by the eunuch community in order to exists with the ever increasing costs of the economy. But another community of opportunists took advantage of the situation. Most of the so called eunuchs today are from the community of opportunists and it’s very sad to see the state of people utilizing their gender to earn bucks for a living! Hope the people who are responsible for the steady arousal of the community realize the importance to work on the turn-around! Hope to see a day when I don’t have to encounter anybody requesting “koDri ANNa Road Tax!”