Monday, July 11, 2011

Learning life from Business Management

In my opinion, managing a business and managing your personal life has striking similarities. Managing the business efficiently will provide you monetory benefits, while managing your personal life effectively will give you internal peace and respect.

When any business is new, it is unstable, fresh with innovative ideas, trying to learn from the environment, market. Explore as much as possible and finally creates a niche of its own. In this process, it has a particular aim to make it big. When it grows to such an extent that one person cannot handle it, we create a hierarchy structure and many stake holders are involved in order to sustain the growth of the organisation. Now to make this business a success, we need good managerial and organisational skills.

Now, if we apply a similar theory to our personal lives and metamorphose ourselves as an organisation, I find that we again need the same good managerial and organisational skills in order to sustain the personal growth. The growth could be quantitative in terms of the amount of relationships we add to our life and also on achievement basis, the new milestones we achieve on this path to make it big.

When we are born we are an organisation that is created and we try to explore, learn, innovate and keep ourselves always open to new things. Here we are a company of just four entities, ourselves, mother, father and siblings. We love each one present in the company at this moment because we know that each one here wants to make this organisation big and does everything possible to achieve and fulfill the wants of the company even if it means sacrificing some of the personal pleasures. Here the organisation tends to be selfish and they are worried only about their own self.
When our organisation grows a little, we hand over contracts to a few vendors like school, college and other institutions to fulfill our desire to gain more information and train us intellectually. It is in this phase that we have another entity in the organisation called friends. In the form of teachers, We have people who have been given the responsibility of nurturing the organisation in the correct direction and has correct processes or in the words the right moral values. The organisation learns that to be successful we have got to share, we cannot remain just selfish. This is also the place where we recruit friends. We recruit them very meticulously by focusing whether he/she will meet the requirements of the organisation. We check whether he/she understands the policies, processes and overall conduct to be maintained or in other words whether he/she understands you and whether he will be there in time of crisis. These recruits either stay or leave the organisation, we also layoff some of them. It is very important for the sake of wellness of the organisation that we take the correct uninfluenced, impartial decisions. We also experience many good and bad incidents which teach us life.

By the time we are done with the education, we realise that not all people that we have recruited are loyal to the organisation. We now understand that only the people loyal to the organisation remain in touch with you, others come and go, there is no point in forcing them to stay in the organisation by displaying your wealth.

When we take up a job, another entity called colleagues join our organisation. These are like shareholders of your organisation. They invest in you and are concerned about your well being. However, most of them are concerned only with the returns. What is that they can obtain from you, if they invest in you. What will be return on investment. Hence, it does not make a difference to most of them whether you remain in the right state or no, they are only concerned about their returns. Once they get their dividends on time, they are not bothered about the state of the organisation.

Having said all the things above, the most important thing in any organisation is that it has its top management happy and keeping them happy keeps the organisation in the best shape. Similarly, it is important to keep our parents happy, so that our organisation touches new heights and we remain happy throughout our life!

Sunday, May 8, 2011

Theory of Murdering - Part 1

It can be really frustrating and sometimes make you feel useless, hopeless, good for nothing, pathetic and all the different negative adjectives that you can use for yourselves. I went through a similar situation when I was in my 5th semester of Engineering and the spread of this experience went upto the final semester. As Rashmi Bansal (the author of stay Hungry, stay foolish) says, this could be a dot in my life which was required to be connected in order to make a broader picture/image of your life.

I was in my 5th semester and surprisingly I did not have a single back and hence was very much enjoying my stay in the hostel as I had to answer only 6 papers and not 7 or 8 unlike previous 4 semesters. I was on top of the world and pretty much saying to myself, "If I can clear 7 or 8 papers at a time, this just 6 papers should be a walk on cake". However, thats when engineering challenged me unknowingly, "I will ensure that you have atleast one back paper to answer from now on". Unaware of this situation, I was having fun in the hostel and as such thought myself to be a good engineer.

Just one month to go for the 5th semester and as usual we had not even started to think about exams. This is another feature when you stay in GEC hostel, though you are aware that it is high time for you to start studying for the semester exams, you somehow start becoming a philosopher and suddenly turn into a saint saying "yeh toh sab maya jaal hain, padh ke kya hoga...akhir toh marna hi hain, chalo jara bahar hare bhare saundarya ka anand lootte hain, taki hum moksha pa sake". And when we realise that if we do not come into our own we will fail, it is already time when we have got to make calculations so as to study in order to give ourselves atleast 35 marks.

So here I was just 15 days to go for the semester and I was still busy writing and completing term works. The semester came and went and the result overall was pathetic, out of the total 42 students only 10 passed and obviously I could not ven think of passing. I had two backs, both rather very surprising ones. One of them "Theory of Machines" and " Machine Technology". Thats how it is, the unexpected always happens and when you are still cursing the professor who gave you less marks, the back paper exams are already ejecting their heads out.

I knew I would for sure clear out both the papers as I was very much prepared for both, besides we had excellent professors who taught us this subject. Especially the "Theory of Machines" subject is the one that I loved conceptually. It had the overturning couple that explained the theory that went behind designing the right weight/height ratio for a car. It also had a separate module explaining vibrations and forces that affect a particular machine. Hence I did not consider it that seriously and took the subjects from 6th semester seriously.

However as mentioned earlier, my life had challenged me which I was still not aware. Lot of tortures to come in my subsequent engineering days!!! I am sure you all readers are sadiest and will love reading the troubles that I had. Stay tuned.