Showing posts with label business. Show all posts
Showing posts with label business. Show all posts

23 August 2010

Failures are the stepping stones to success

I often hear people discuss why someone is not suited for a particular role or may not have the necessary characteristics for a task.

We can never measure anybody's capability. Nor can we how someone will fare in a particular situation. I think we should give challenging tasks and provide necessary guidance. There maybe failures but it will make the team member stronger & motivated to outperform the next task.

Small failures can be managed correctly. After all what is management for? Hence I feel it is management selfishness to resolve failures which lead to people not getting the correct opportunities to show their caliber.

Go-out let your team members fail once in a while.

10 December 2009

Social Network Analysis and Community Manager

Two key learnings for this week.

First one is 'Social Network Analysis', this is analyzing Social networks to understand working relationships in their organization. Companies also want to analyze social network data to understand whom to approach for maximum gains. Also this can serve as inputs to engineering on expected features in a product.
Still in the nascent stage regarding how the network is to be analyzed. Tools are evolving to deliver better results. I think a key requirements in this is search tools to go through the amazing size of data available at their disposal.

Second one is the emergence of a new role in IT companies, Community Manager. This person manages the sharing of information with open source communities. Also how open source can be leveraged to provide maximum gains to the company. Now this is a role I would love to work as. I am sure I have pretty good knowledge of open source tools.

10 March 2009

Kingfisher: Bad governanace

In the last few weeks, there have been several articles in leading news papers about Kingfisher debt sky rocketing out of control. The debt is estimated to have risen to 14,000 crores (ie. 140 Billion) INR. There is an article of management considering salary cuts.

Vijay Mallya is known for his flamboyance. He owns a F1 team, he travels in corporate jets. Recently he even bought Mahatma Gandhi's personal artifacts for 1.8 million USD. The problems with Kingfisher do not seem to have any effect on his spending habits.

How can such extravagant spending continue is a bad economy. Now, he is try to seel stake in UB spirits to get money. I feel a CEO should be held accountable for his actions. If Kingfisher goes bankrupt, I would easily point at antics of its CEO to maintain a public profile. This may be another Satyam in the making.. keep your eyes open.

19 February 2009

Juxtaposition

An employee can be unhappy for any number of reasons; pay, designation, quality of work etc. Today's businesses are inherently dependent on IT. In such a scenario can the IT admin/ support staff be kept unhappy? He can hold business at ransom by disrupting services during peak business hours.

Business may not understand technical matters. In order to cut costs they may have bought sub-standard equipment which would fail often. Its ITs job to keep these operational but expecting 99% uptime on such applications/ servers would be far fetched.

Business executives can also blame the IT team responsible for impacting business in order to tide over a business slump.

What would be the best way to resolve a conflict between business and IT? In a cases where the business IT relationship has deteriorated would it be possible to rebuild trust and get both these fuctions working towards a common goal!

CEOs are supposed to resolve such conflicts but are today's CEO capable to tide differences between COO, CFO & CIO? With the number of sub-groups and more CxO positions , organizations will surely need a CRO (Chief Relationship Officer) or CNO (Chief Negotation Officer) to resolve conflicts between sub-groups.

21 December 2008

Beautiful advertising

In the past few days two advertisements have caught my fascination.

ING Bank India: (video@youtube)
This advertisement captures the essence of India. Various cultures, traditions are shown with money playng a intricate role. It has a catchy song titled, "mere desh mein paisa sirf paisa nahi hai" (money is not just money in my country). I love to hum this several times a day. The sombre colours used help give the video a down to earth look.
For simple people, money is essential. If we could all be happy with what we have and share some of it with others; the world would be a better place.

Discovery Channel: (video@youtube)
This has a song titled 'Boom de yada'. It has people from various shows singing a song. As I often watch discovery channel, I could identiofy most of the people and shows. We need to appreciate natural beauty and learn to respect world as it is. Kind of reminds you of Louis Armstrong crooning "What a wonderful world"

Looking at the current world affairs I recall a dialogue from "the Matrix". Agent Smith tells Neo that humans are like virus.
Agent Smith: "I'd like to share a revelation that I've had during my time here. It came to me when I tried to classify your species and I realized that you're not actually mammals. Every mammal on this planet instinctively develops a natural equilibrium with the surrounding environment but you humans do not. You move to an area and you multiply and multiply until every natural resource is consumed and the only way you can survive is to spread to another area. There is another organism on this planet that follows the same pattern. Do you know what it is? A virus. Human beings are a disease, a cancer of this planet. You're a plague and we are the cure. "

Yup human beings do behave like a virus but then they have also been responsbile for so much creativity. Its important for us to strike a balance. In fact it isessential to have greater creativity now than destruction. Currently humans maybe a disease but they can also be a cure.

Lets hope for the best!