Thursday, December 13, 2007

People are the key assets to an organisation

Many companies believe that Human resource do not affects their business and attrition does not make a difference to them.
But in today's competitive world, human resource make a lot of difference to any organisation and those companies which gives the importance to their personnel and try to focus on retaining them in a long term, they really securing the future of their companies.
The five M's of a company are- Man , Money, Machine, Methods and Market plays a pivotal role in the growth, susttainablity of any companies. All companies who are at the pinaccle or want to reach there now realising the truth is - Human resource are equally important to other M's.
Treat your employees as equal partner, honoured them and give them the best. In return , they will give their best potential in the growth of the company.

Keep reading , believe in yourself because every individual has an enormous potential and calibre. The only need is that- How you are utilising yourself?
Take very good care of yourself coz, you have to do a lot of things.

Tuesday, December 11, 2007

What is the ideal time to switchover from a company?

Career planning is a very important and crtical tool for a professional who really wants the advancement in his/her career specially in private sector.
But the thousand dollar question is – what is the ideal time to change your job from a company? It varies to person to person according to his desire that what actually he /she wants from his/her career. Some prefers the stability , some prefers more authority and some gives importance to monetary benefits.
Being a professional for seven years in industry, I suggest you the ideal time to spent in a company is 3 to 5 Years. If you start your career in a company , then atleast spent 3 years there and then switch over from the company. First company experience always gives you a wide exposure in every field of business management. But the problem is – sometimes a fresher choses the wrong ship to sail his career just because of his eagerness or earning the money. Then you have to realise that it was the wrong choice and immediately think to switchover. But once a professional spent two or more years in industry, he can easily visualise the things more clear.
There are some factors always affects the decisions of switchover from a company- First, Fear to change factor- this is the factors which creates always a hurdle in advancement of a career because this is a human tendency to not to accept the changes. Due to this , a lot of talented career came to shrink in a limited aura. Second factor- Saturation – Once a professional realising that wherever he is working, he adopted the system very well and he used to it then this is the alarming signal to a professional that this is the time to switchover from a company. There are other factors which also contributes a lot who stops a person to change and thise varies from person to person.
My suggstion to all my reader is – Start to think about changes in your career once you spent 3 years because explore your wings , sky has the limits.
But if you are satisfy with your job and there is no hidden hurdles or factors which affecting your decisio, you are in the best fit.
Keep reading and good take care of your life because you are th owner of your beautiful life.

Monday, December 10, 2007

Is it better to do MBA after gaining some experience?

Answer is " Yes".
After gaining some working experience in your account , it is always better to go for a MBA degree because it gives not only the practical exposure but also the terminology used in management books.
Working experience gives you the real work place where you learn a lot of things which is actually taught in these courses and when we go for MBA, you will find that exactly it is happening in our workplace and undestanding becomes so easy that if you spent a little time with your course, you can easily pass the examination.

There are several universities offering the MBA course in Online mode or distance education pattern. Punjab Technical University, SYMBIOSIS, Sikkim Manipal, ICFAI, Annamalai , Maduari Kamraj University , IGNOU are few of them.
It is always better for advancement in career to hold a professional degree and add a great value to your profile.
So, if you are planning to do MBA , do it because it gives you extra edge over than others.
Keep reading.

Management is an Art or Science ?

Management is an art or science. It is a big question to management gurus for a long time. But now all agreed that Management is a synergy between these two. Management is the total combination of art and science and varies to type of business. In some business process art is dominating in nature and in some process, science supersede the art.
For an enterprenur , it is necessary to understand the difference between art and science and those who understand the difference , they make a great impact on business and becomes the tycoon in the field.
According to my prospective, management is an art which uses the scientific methods to raise the bar.
You can not excel in business by only sticking into one arena , you have to use both the things simultaneouly. Managing the human asset is an art and control the processess is science.
So, whenever anybody asks this question to you that management is an art or science , say to him, " It is the combination of both."

Keep reading.

Monday, December 3, 2007

A must read story to all Professionals - When MAnagement want to sack you

You just cannot flee from the clutches of TOPMANAGEMENT and the fiction underneath stresses on that.
Read it and you would know.
Once PVNR (PV Narasimha Rao), L.K.Advani and LalooPrasad Yadav were travelling in an auto rickshaw. Theymet with an accident and all three of them died. YamaRaja was waiting for this moment at the doorstep ofdeath.He asks PVNR and Advani to go to HEAVEN.. But, forLaloo, Yama had already decided that he should be sentto HELL.
Laloo is not at all happy with this decision. He asksYama as to why this discrimination is being made.Yama agrees to this and asks all the three of them toappear for an English test.PVNR is asked to spell "INDIA" and he does itcorrectly.Advani is asked to spell "ENGLAND" and he too passes.It is Laloo's turn and he is asked to spell"CZECHOSLOVAKIA".
Laloo protests that he doesn't know English. He saysthis is not fair and that he was given a toughquestion and thus forced to fail with false intent.Having been a student of history (which the other twoweren't), he now requested for all the 3 to besubjected to a test in history.Yama says OK but this would be the last chance andthat he would not take any more tests.PVNR is asked: "When did India get Independence?".
He replied "1947" and passed.Advani is asked "How many people died during theindependence struggle?".He gets nervous. Yama asked him to choose from 3options:100,000 or 200,000 or 300,000.Advani catches it and says 200,000 and passes.It's Laloo's turn now. Yama asks him to give the Nameand Address of each of the 200,000 who died in thestruggle. Laloo accepts defeat and agrees to go toHELL.

Moral of the story- IF YOUR MANAGEMENT HAS DECIDED TO SCREW YOU, THERE ISNO ESCAPE !!!

I have received this illusive story from my friend and being a accused , I have to tell this all my friends.
Keep reading, I will be back .
Say cheers to life and take good care of yourself.