Posted by Managementguru in Entrepreneurship, Human Resource
on May 14th, 2015 | 0 comments
An Insight on Traits of Successful People 1. They have a definite aim in life. “It is our choices that show what we truly are, far more than our abilities.” -J. K Rowling (from “Harry Potter and the Chamber of Secrets”) They want to accomplish something. They have #enthusiasm, commitment, and pride. They have self-discipline. They’re willing to work hard and to go the extra mile. They have a burning desire to succeed. They’re willing to do whatever it takes to get the job done. Dhirubhai Ambani was one such persona who went the extra mile to establish his empire called Reliance Industries. He believed in largest, biggest, fastest etc. Reliance textile at its introduction had production capacity greater than all of india’s need. Reliance refinery is still world’s largest refinery complex. 2. They are self-confident. “As long as the mind can envision the fact that you can do something, you can do it, as long as you really believe 100 percent.” -Arnold Schwarzenegger To be capable of setting ambitious goals, you need to believe you can follow the plans to achieve them. And when you believe in yourself, others tend to believe in you as well. In Gandhi’s words, a person can make progress and achieve success only with self-confidence. This applies to a person as well as to a nation, Gandhi said. 3. They show #initiative. “Find out who you are and be that person. That’s what your soul was put on this Earth to be. Find that truth, live that truth and everything else will come.” -Ellen DeGeneres The only way to rise up the corporate hierarchy or to develop your own business is to to look for other things to accomplish once you’ve fulfilled your regular duties. You need to outperform the already set standards and create new benchmarks for others to follow. 4. They are imaginative. “What the mind of man can conceive and believe, it can achieve.” -Napoleon Hill A lack of the driving force of initiative and the creative power of imagination is “the main reason why 95% of the adult people of the world have no definite aim in life, which, in turn, is also the reason why this same 95% constitute the followers in life”. What is lost in imagining about great things – it might only lead you to constructive creativity. 5. They are active. “Do one thing every day that scares you.” -Eleanor Roosevelt You may have earned multiple degrees from elite universities and have read history’s most important books, but none of it means anything if you don’t turn knowledge into action. This is what they call in Tamil, ஏட்டு சுரைக்காய் கறிக்குதவாது meaning Simple theoretical knowledge alone will not help in real life practical situations. 6. They are enthusiastic. “Nothing great was ever achieved without enthusiasm.” -Ralph Waldo Emerson They’re excited by what they’re doing, and that excitement is contagious. They draw people to them because these people want to work with them, do business with them, and be with them. Enthusiasm is probably one of the most attractive qualities a person can have. It’s a quality that makes you attractive in all kinds of relationship – personal or professional – and it’s a wonderful quality to find in other people. 7. They go beyond what’s required of them. “It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.” -Warren Buffett The most successful people outperform their competition, and when they make it to the top, they compete with themselves. ‘I want more’ will be their mantra. 8. They know how to separate truth from bias. “I’ve learned that people...
Posted by Managementguru in Motivation, Quotes and Quotes Only, Strategy
on May 9th, 2015 | 0 comments
Top 50 Popular Quotes from Management Gurus Leadership and Management philosophies differ from a management guru to another management guru. Here are 50 useful quotes from top notch management doyens that will help you understand the various facets of management from their rich experience. You can treat these quotes as a starting point to build your dreams. Michael Porter Strategy Quotes from Michael Porter Strategy is about making choices, trade-offs; it’s about deliberately choosing to be different.”“The underlying principles of strategy are enduring, regardless of technology or the pace of change.”“The essence of strategy is that you must set limits on what you’re trying to accomplish.”“The essence of strategy is choosing what not to do.”“The chief strategist of an organization has to be the leader – the ceo.”“If all you’re trying to do is essentially the same thing as your rivals, then it’s unlikely that you’ll be very successful.”“Finally, strategy must have continuity. It can’t be constantly reinvented.”“Innovation is the central issue in economic prosperity.”“Sound strategy starts with having the right goal.”“So companies have to be very schizophrenic. On one hand, they have to maintain continuity of strategy. But they also have to be good at continuously improving.” Stephen Covey Leadership Quotes from Stephen Covey “Effective leadership is putting first things first. Effective management is discipline, carrying it out.”“There are three constants in life… Change, choice and principles.”Every human has four endowments- self awareness, conscience, independent will and creative imagination. These give us the ultimate human freedom… The power to choose, to respond, to change.”“The main thing is to keep the main thing the main thing.”“We are not animals. We are not a product of what has happened to us in our past. We have the power of choice.”“Management is efficiency in climbing the ladder of success; leadership determines whether the ladder is leaning against the right wall.”“The key is not to prioritize what’s on your schedule, but to schedule your priorities.”“Public behavior is merely private character writ large.”“When you really listen to another person from their point of view, and reflect back to them that understanding, it’s like giving them emotional oxygen.”“Trust is the glue of life. It’s the most essential ingredient in effective communication. It’s the foundational principle that holds all relationships.” Daniel Goleman Emotional Intelligence Quotes from Daniel Goleman “Emotional intelligence begins to develop in the earliest years. All the small exchanges children have with their parents, teachers, and with each other carry emotional messages.”“Well, any effort to maximize your potential and ability is a good thing.”“Teachers need to be comfortable talking about feelings.”“There is zero correlation between iq and emotional empathy… They’re controlled by different parts of the brain.”“People tend to become more emotionally intelligent as they age and mature.”“Mindful meditation has been discovered to foster the ability to inhibit those very quick emotional impulses.”“If your emotional abilities aren’t in hand, if you don’t have self-awareness, if you are not able to manage your distressing emotions, if you can’t have empathy and have effective relationships, then no matter how smart you are, you are not going to get very far.”“the emotional brain responds to an event more quickly than the thinking brain.”But once you are in that field, emotional intelligence emerges as a much stronger predictor of who will be most successful, because it is how we handle ourselves in our relationships that determines how well we do once we are in a given job.”“My hope was that organizations would start including this range of skills in their training programs – in other words, offer an adult education in social and emotional intelligence.” Ken Blanchard Productivity Quotes from Ken Blanchard “The productivity of a work group...
Posted by Managementguru in Business Management, Entrepreneurship, How To, Organisational behaviour
on May 2nd, 2015 | 0 comments
How to effect “Effective Business Communication?” Communication is an entity much talked and debated about in corporate management circles. The question is, have you really understood what the term ‘Communication’ means, how it has evolved over all these years and the impact it creates in an organization? Well, communication is nothing but the transfer or exchange of information from one end to another end, from one user to another user or from sender to receiver to put it straight. Is that it- No! If the process could be as simple as it sounds, there should be no conflicts, no difference of opinions and no mis-understandings in this world. Are we witnessing such a peaceful scenario; In particular, office atmosphere sometimes becomes unbearable thanks to ‘clash of the so called intellectual titans’ fighting over a simple issue which could be solved by discussing it over a cup of good coffee. Now, coming back to the point, the process of communication involves the following steps, Sender- Message- Receiver I’m not quite convinced with this explanation, are you? Let us rewrite it like this, Sender- Message- Medium- Receiver- Interpretation- Feedback This somewhat makes sense because only when the message intended is interpreted rightly so by the receiver or the target, the process of communication gets completed. In olden days when only sign language was the norm of the day, people still communicated precisely through pictograms, cave paintings, ideograms and sign language. This was a form of restricted communication as people had to go to that particular place to see the message. The process of evolution has led us to what we call verbal communication, the highest form of exchanging information. More sophistication has been innovated in the technological sphere and now I’m able to write to you and publish this article from an Apple IPad, of course with references made from the web in a jiffy. Types of communication Three types of communication are present VerbalNon-verbal andWritten. Interpersonal communication is contextual: In other words, communication does not happen in isolation. There is: Psychological, which is your persona and what you bring to the interaction. Your needs, desires, values, personality, etc., all form the psychological context. (“You” here refers to both participants in the interaction.)Relational context, which refers to your reactions to the other person–the “mix.”Situational context deals with the psycho-social “where” you are communicating. An interaction that takes place in a classroom is entirely different from one that takes place in a bar.Environmental context deals with the physical “where” you are communicating. Furniture, location, noise level, temperature, season, time of day, all are examples of factors in the environmental context.Cultural context includes all the learned behaviors and rules that affect the interaction. If you come from a culture (foreign or within your own country) where it is considered rude to make long, direct eye contact, you will out of politeness avoid eye contact. If the other person comes from a culture where long, direct eye contact signals trustworthiness, then we have in the cultural context a basis for misunderstanding. Three Approaches in Communication: Linear approach: Correct communication in this perspective causes the desired effect.Production of exchange and meanings: Communicating through signs and the process of extracting meanings from these messages is called “Signification”. The interpretation can lead to very different but equally valid outcomes.How communication is used to construct our social reality: We constantly share ideas with people around, thereby constructing, re-inforcing or de-constructing our identities. This perspective sees communication as the binding force of any culture, group or society. Source- coursera.com The Semantic Noise: Another important concept in communication is the semantic theory. It is nothing but the noise created in the...