What is Leadership The one who quickly diagnoses a problem, shoulders personal responsibility and makes the right decision can be called a true leader. He need not be rich, need not hold a big office, need not be numero uno – as simple as that. Understanding other people well is also a core leadership quality. If a person is late to work, a leader tries to unearth the cause of the problem; rather than looking for the worst in people they look for what’s best within them. Entrepreneurs have a set of leadership skills that make them a little different from every other worker bee. They choose to walk down the road less traveled by breaking away from corporate protocol and venturing out on their own, bucking trends and at times, even breaking the rules. “Success is actually a creative pursuit and a reflection of healthy self-esteem.” What will you do to be the leader that you are destined to be, today? Thinking outside the box and forging your own path requires agility. Being an agile leader refers to remaining flexible, growing from your own mistakes and rising above the wide array of challenges you face. “If you call a stumbling block a “problem” or a “big mess” you will create a different emotional state within you than if you call the issue “an opportunity” or a “challenege that will make me better.” “The most successful human beings are wildly focused. They have a very clear picture of what it is they want to create by the time they reach the end of their lives and then they have the discipline (and courage) to stick to their mission – saying “no” to everything that is not mission critical. Who made Success a Bad Word? “Too many people believe that playing their best game as a human being requires them to revolutionize their lives. And for most of us, that’s a scary thought.” We humans love to play within our comfort zones. Making changes to the way we think, feel and behave is next to impossible for us. What people fail to realize is that changes are to be welcomed because they are chances to improve our life quality. If you don’t adapt or go with the flow, you will definitely feel the heat when priorities start pushing you to the brink. “The best way to get to your greatness is through small, continuous steps-what I call the “1% Wins”. Agile leaders have a set of shared characteristics: being extroverted, taking charge and challenging the status quo. Basically, it’s people who have been described as “difficult to manage.” Being difficult doesn’t have to be a bad thing. It just means that certain people have their own way of doing things and are able to generate new ideas because they possess the ability to view issues from multiple angles. Simplify Then Focus Simplifying life and stripping away all that is unimportant can help you to achieve your dreams. Once you do your clean up, focus, focus, focus. You’ll be surprised how good you will then get at being great. “The best way to create spectacular results in the most important areas of your life is through daily practice.” “People who have achieved great success are not necessarily more skillful or intelligent than others. What separates them is their burning desire and thirst for knowledge. The more one knows, the more one achieves.” ~ Robin Sharma Curated from The 4 Abilities Required of Agile Leaders and Little Black Book for Stunning Success by Robin...

All-time Quotes by Abdul Kalam The crux of his life in his very own words: “My story—the story of the son of Jainulabdeen, who lived for over a hundred years on Mosque Street in Rameswaram island and died there; the story of a lad who sold newspapers to help his brother; The story of a pupil reared by Sivasubramania Iyer and Iyadurai Solomon; the story of a student taught by teachers like Pandalai; the story of an engineer spotted by MGK Menon and groomed by the legendary Prof. Sarabhai; The story of a scientist tested by failures and setbacks; the story of a leader supported by a large team of brilliant and dedicated professionals. This story will end with me, for I have no belongings in the worldly sense. I have acquired nothing, built nothing, possess nothing—no family, sons, daughters.” Some very unique and inspiring quotes by the great man: 1. “All birds find shelter during a rain . But Eagles avoid rain by flying above the clouds. Problems are common ,but attitude make the difference . 2. “Let me define a leader. He must have vision and passion and not be afraid of any problem. Instead, he should know how to defeat it. Most importantly, he must work with integrity. 3. “Anyone who converts a challenge into an opportunity through innovation creates wealth. He or she indeed is a leader, are you? 4. “Yesterday leaders commanded the control (yesterday they were commanders, the leaders). Today, leaders empower and coach, that means potential leaders will be empowered to the exposure of needs of sustainable development, what we need today. 5. “For success in all missions, it is essential to have creative leaders in our country or anywhere else. Creative leadership means exercising the vision to change the traditional role from the commander to the coach. 6. “What is Success? When your signature changes to ‘Autograph’. 7. “Take risks in your life. If you win, you can lead! If you lose, you can guide! 8. “Man needs difficulties because they are necessary to enjoy success. 9. “Don’t read success stories you will get only messages, read failure stories you will get some ideas to get success. 10. “Dreams are not what you see in your sleep, dreams are what which doesn’t let you sleep. 11. “You have to dream before your dreams can come true. 12. “To succeed in your mission, you must have single-minded devotion to your goal. Also “If you get No as an answer, remember N.O. means “Next Opportunity”. So Let’s be positive. 13. “If you salute your duty, you have no need to salute anybody, But- If you pollute your duty, you have to salute everybody. 14. “I am not a handsome guy, But ‘ I can give my hand-to-some one who needs help. Beauty is in the heart Not in the face. 15. “Never rest after your  first victory, because many lips are waiting to say that your first victory was just luck. 16. “If a country is to be corruption free and become a nation of beautiful minds, I strongly feel there are three key societal members who can make a difference. They are the father, the mother and the teacher. 17. “It is very easy to defeat someone, but it is very hard to win someone. 18. “Suffering is the essence of success. 19. “Dream, Dream Dream Dreams transform into thoughts And thoughts result in action. 20. “My message, especially to young people is to have courage to think differently, courage to invent, to travel the unexplored path, courage to discover the impossible and to conquer the problems and succeed. These are great qualities that they must work...

New Paradigms in Employee Retention What is Employee Retention: It refers to the various policies and practices which let the employees stick to an organization for a longer period of time . It refers to the ability of an organization to retain its employees. HRM Practices: A company to ground itself successfully in the chosen field of activity should adhere to sound human resource management practices, as it is firmly believed that human resource is an asset and investment in human capital paves way for comprehensive development. Many firms fail, in spite of being resourceful in terms of capital, infrastructure and technology. The reason shall be attributed to ineffective handling of human skills or misappropriation of human potential. Human resource management involves not only in recruiting and selecting the right people but also empowering them by suitable training to enhance their technical skills and expertise to perform tasks. The Purpose of Training: Training ultimately aims at converting theorists to performers and orients itself towards accomplishing the enterprise objectives. Big corporate companies concentrate on talent acquisition from the pool of fresh graduates and experienced hands in the IT industry as well. They create a lively corporate atmosphere with “an intelligence network” contributing to the success of the organization. Recruitment and Selection: If you have a feeling that, recruitment and selection are mere procedures to be followed for the sake of selection of human resource, kindly change that notion. These are the crucial steps which determine the fate of your organization. People from different disciplines form a team to achieve the goals and objectives of your organization. Leading a group with such diversity is a feat in itself. Selecting knowledge workers whom you believe will achieve your corporate mission and devising the human resource practices in accordance with their work-life balance will yield great results. Training Programmes: Training programs are developed for different spheres of activity by experienced trainers under the guidance of the top management. Proper training to the trainees ensures maximum work done in minimum time. Training not only makes individuals more informative and knowledgeable but also action buffs. Learning is a key process in training that brings about the desired change in behavior. Corporate companies are also concerned about the career prospects of employees working for them, as they are very well aware of the fact that providing lateral and vertical growth prospects for their workers is the only possible way to retain them. Another way for employee retention is to offer compensation on par or higher than industry standards and periodic review of their pay or compensation in accordance with the performance standards. This method of evaluation is suitable only for companies where workers are highly self motivated and have the capability to understand what it takes to reach the next level in their career ladder. Flexi-Timings: Flexibility is introduced in work life by some of the big corporates who try to visualize the practical problems faced by their employees, particularly women, who come to work. They offer “flexi-timings” in work and support by running “crèche” to nurture new borns. It has been proved that a small siesta after lunch improves the brain activity. The HR policies formulated by the management must encompass all the elements needed for a holistic vision, mission and business growth. This can be made possible by maximizing the efficiency of human capital that adds value to the organization. Note: Companies will also continue to remain generous with pay packages but the big change will be that they will invest a lot more in training and development. “Acquiring talent is much more expensive than grooming...

Game theory and strategy What is Game Theory: Set of concepts designed for decision making in situations of competition and conflict under specified rules. The prisoner’s dilemma: The prisoner’s dilemma is a canonical example of a game, analyzed in game theory that explains why two individuals might not cooperate, even if it appears that it is in their best interest to do so; Albert W. Tucker formalized the game with prison sentence payoffs and gave it the “prisoner’s dilemma” name.   To solve many practical problems that are encountered in economic, military or other disciplines, one has to deal with situations in which there are two or more conflicting parties striving for the same objective and the outcome of each action of one party depends solely on the opposite parties choice of a course of action. As we all know only one horse can win the race ultimately and the other parties only can prolong the race or see to that they make every possible move to delay the opponent’s success. So, what’s this game theory all about? This is a special mathematical method that was evolved mainly to analyze conflict situations where the number of competitors is finite, each participant has a definite set of actions to choose and there is a conflict of interest between the competitors. So it helped the participants to reach a decision that would put them in the winning post. This theory has spilled its implications on business situations where success is the motto and conflict and competition the order of the day. Only the best among the best survive. Darwin’s theory, “Survival of the fittest” applies not only to biological organisms but also to business organizations which are also abuzz with activity. Chance Moves: Games like chess, checkers are played according to a definite set of rules laid down and these game patterns has inspired business persons to introduce strategies in business, where the concentration is mainly focused on the chance moves that defeats the opponent. Big business corporates mainly concentrate on the strengths and weaknesses of their competitors to have an edge over them. A real game is controlled and regulated by the statutory rules to be followed but a business game involves lot of killer instincts and intuitions combined with rational thinking and logic. Optimal Strategy: The first party always puts himself in the shoes of the other party and tries to perceive how the other party would react in a particular situation. Although the aim is to win, choosing the optimal strategy is what matters. It will at least keep you in bay. Precise solutions can be arrived at if you plan your game fittingly. The anticipation and thrill that is involved in a strategic game is matchless. We witness a lot of firms imitating what the leader of the market does. The risk is borne solely by the firm introducing the change and the firm takes the major share of profit as it is the pioneer and if it loses the next strategic move is planned for.     For a company with sound financial position, the chance move is worth giving a try, head or tail doesn’t matter. The stalkers are benefited by the waiting period during which they come to know of the pros and cons of the strategy employed by the leader. Games are played in the true spirit of sportsmanship, but a business faces cut throat competition. There is no space for any courtesy or liberal approach. If you are quick enough to pick the pulse of the people by gauging their preferences, analyzing the market conditions and employing timely strategies you will at...