Posted by Managementguru in Business Management, Entrepreneurship, Human Resource, Organisational behaviour, Principles of Management, Training & Development
on Mar 30th, 2014 | 0 comments
What are Values and Beliefs in an Organization? Organizational values are the guiding principles that define ethical behavior, decision-making, and corporate culture. In 2025, with AI integration, sustainability goals, and hybrid work models influencing businesses, values must evolve while staying authentic. Infosys Narayana Murthy on Value System “Our team was unique in its commitment to a strong value system. We believed in putting the interest of the company ahead of our own. We upheld ethical business practices and legal integrity. A robust value system is what distinguishes long-term players from others.” The emergence of ESG (Environmental, Social, and Governance) factors has reinforced the importance of ethical leadership. Core Values of a Future-Ready Organization Organizations in 2025 are actively reshaping core values to suit the dynamic business environment. These values guide employee behavior and corporate strategies: Customer-Centricity – Personalization and data-driven customer experience Employee Well-being – Work-life balance in remote and hybrid settings Competitiveness & Agility – Rapid adaptation to AI & automation Diversity & Inclusion – Creating equitable workplaces Innovation – Fostering technological advancements Sustainability – Environmentally responsible business practices Growth Mindset – Continuous learning and skill development Ethical Governance – Transparent and fair leadership Data Security & Privacy – Compliance with digital regulations Team Collaboration – Strong networks despite digital transformation Beyond Definition: How to Put Values into Action A value-driven company does not just define principles—it integrates them into daily operations, employee training, and leadership policies. Gamification of corporate learning, AI-assisted HR frameworks, and transparent communication drive successful implementation. Leading by Example: Imitation as a Behavioral Catalyst Leadership sets the tone for company culture. Employees subconsciously emulate the behaviors of their leaders, much like students learning from teachers. In 2025, AI-driven mentorship programs enable leaders to inspire teams remotely. Interactive training modules reinforce value-based decision-making. Imitation remains a cornerstone in shaping the workforce, but with enhanced digital engagement. Coercion is NOT the Right Approach: Ingraining Values from Day One Rather than enforcing values through rigid policies, organizations must instill them naturally. Values should be embedded in hiring strategies – Recruit for cultural alignment. Leadership training must focus on emotional intelligence – Influence without coercion. AI-driven behavioral analytics help detect gaps in value adherence early. With AI-enhanced work environments, molding employees to value-driven approaches becomes seamless. Influencing Employees the Right Way: The Role of Every Individual Each role in an organization contributes to reinforcing core values and ensuring long-term success: Clerical Staff – Maintain efficiency and ethical compliance. Supervisors – Organize, control, and enforce value alignment in teams. Managers – Define success, overcome obstacles, and inspire strategic thinking. Senior Leaders – Keep the organization focused on sustainable profitability. Executives – Drive innovation while navigating complexities with integrity. With AI tools and data-driven leadership, maintaining value alignment is easier than ever. Performance of Value-Oriented Organizations in 2025 Companies that prioritize values consistently outperform competitors due to trust, strong employee engagement, and sustainable innovation. Reliance Industries Limited exemplifies value-driven leadership with customer satisfaction at its core. Global firms integrate ESG and AI ethics into corporate strategies, reinforcing long-term credibility. To scale new heights in business, organizations need: ✅ Strong-willed leadership ✅ Adaptive strategies ✅ Sustainability-driven policies ✅ Digital transformation readiness ✅ Passion for innovation Maintaining integrity comes at a price, but organizations with strong values reap exponential rewards in brand reputation, employee loyalty, and customer...
Posted by Managementguru in Decision Making, Entrepreneurship, Human Resource, Organisational behaviour, Principles of Management, Training & Development
on Mar 20th, 2014 | 0 comments
Self Motivation-Key to Managerial Success What is Self Motivation : Ability to do what needs to be done without external influence. How does your company become successful? Just because you have cutting edge technology! Surplus capital! Excellent Infrastructure! Reliable Workforce! Definitely not. A COMPETENT VALUE-DRIVEN CORPORATE MANAGER would make all the difference. Even his very presence would make the atmosphere ELECTRIC. Only some are gifted or bestowed with top managerial qualities. How! Is it an innate quality or imbibed! It is a topic worth the discussion, because it proves to be the liveliest element in the management process. Well, when top management decides to recruit a good manger, what are the qualities they would be in favor of? Think about it, we even expect a house maid to be sincere, on time and loyal to us. When it comes to corporate dealings, the first and foremost quality desired will be “BEARING HUGE RESPONSIBILITY“. Accountability, transparency and control towards the day to day affairs of the company follow suit. Read this resourceful article from Inlpcenter – Change Your Thinking: The Alternate Futures Self-Motivation Exercise , a unique self motivating strategy to make believe in yourself and become better problem solvers. These managers who are also leaders serve as a ROLE MODEL for all the other employees SET STANDARDS FOR PERFORMANCE Motivate their employees Set a Brand Image for the company Be a GOOD LIAISON Problem solver Counselor and make the company special. Strategic Direction: When we talk about value, we talk about the influence that the value has on the STRATEGIC DIRECTION OF THE FIRM, which involves shaping up the character and image of the firm. A good manager EVOLVES OVER A PERIOD OF TIME. While considering the HEAVY TURN OVER TREND that has set in lately in the corporate environment, it becomes important for the top management to pick their HR lot carefully. How do you empower your trusted persons is a question that every Boss has to ask himself to retain the best talent. Good Managers stick to the firm and they contribute to the GROWTH OF THE FIRM. Training plays, of course a major part in the DEVELOPMENT OF MANAGERS but I feel that ONLY THE PERSON WHO MAKES THE BEST USE OF HIS SUBCONSCIOUS INNER DRIVE, REACHES THE TOP. Loyalty is an outdated term in this modern world and the minimum you could expect is SINCERITY. Self motivated managers easily regulate the environment and makes the climate cordial. He has to don many roles, A BRIDGE BETWEEN TOP MANAGEMENT AND EMPLOYEES MANAGE THE INTEREST(OF BOTH THE FINANCIAL INSTITUTIONS AND EMPLOYEES) FORMULATING MARKET STRATEGIES SHOULD BE A TECH-SAVVY A MAN OF EMPATHY A MAN OF BRILLIANT INTUITIONS(ESPECIALLY WHEN IT CONCERNS STOCK MARKET) EVER LEARNING VERSATILE and much more. Practice makes a man perfect is the saying. It suits the corporate business world too, provided the man is intelligent, capable and smart in taking decisions. Always a thinking person, an efficient manager would be on the look out for opportunities and resources that could benefit the firm. Every one of you who aspires to catch up with top positions in the business world must do a “THOROUGH SELF ANALYSIS” as to how agreeable you are in the likert scale of the...
Posted by Managementguru in Decision Making, Entrepreneurship, Human Resource, Principles of Management
on Mar 20th, 2014 | 0 comments
An entrepreneur is one person who has the ability to think outside the box, to cash in on the opportunities, to think big and different, to go for innovative ideas, to take unwarranted risks and to make a difference amongst the ordinary lot. Women entrepreneurs are no exception as they have the ability to bring unique perspectives to problem-solving that truly sets them apart as trailblazers in every field they venture into. Modern business world and the society as a whole have understood the importance of women emerging as successful and powerful entrepreneurs which has proven good for the growth of a country’s economy. Challenges of Being a Woman The challenges start at the grass root level: being a woman is sufficient enough to create a gender bias and to be looked down. Physically the differences are obvious and the strength that a man is empowered with cannot be overruled, but the inner strength and the power to conquer that a woman is empowered with can never be equaled. Running a household is even more difficult than running a corporate business. All your management principles come under the household umbrella. No tactics or strategy is left unturned for the smooth running of the household. A woman needs no training in areas of strategic planning decision making (comes naturally) developing interpersonal relationship delegating authority decentralization managing leadership motivating others and self-motivation crisis management impression management quality of work Women CEO’s add Value to their Companies Nature has blessed her with all these and many more managerial qualities that are needed to manage an organization effectively and efficiently. Gone are the days when they were treated a step down, now most of the corporates have very efficient CEOs and their ability is reflected in terms of productivity and profitability. Moreover, a woman adds value to the company as responsibility is her second name and this works out in favor of the organization to gain the trust and confidence of its consumers, suppliers and stake holders. A woman can occupy any post of its highest kind including the presidential or prime ministerial positions. The enthusiasm that a woman entrepreneur exuberates is infectious and induces positive vibes in the organization. Be it negotiations, tackling the union leaders and workers, business travels or bargaining, nothing is a problem. She is more efficient in clinching deals and proves adventurous in concluding new business ventures. Work – Life Balance A woman has to have a balance between her family, relationships, children and work. That is the biggest ever challenge which she handles with ease. The financial pinch that the recent economy has created has served as an eye opener for men in realizing the fact that a house needs two financial paymasters for running the show. Success Ratio of Women Entrepreneurs Few women entrepreneurs emerge out as victors as most of them lack support from their counterparts and lack of financial support from banks, financial institutions may also slacken the pace and hinder their progress. The success ratio has considerably increased when compared to olden days but still many of them lack the nerve to start their own business. Ignorance and lack of self-reliance are the major factors hindering the development of female entrepreneurs. I have seen many women who are born in business families with natural business instinct and their added advantage would be the already available infrastructure, platform and guidance to grow and make it to the top. Even circumstances force certain women to go in for self owned business and once they taste the essence of success they never want to look back. The society has a bigger role to play in developing more women entrepreneurs by giving positive support. Women have a better...
Posted by Managementguru in Human Resource, Motivation, Organisational behaviour, Principles of Management, Training & Development
on Mar 18th, 2014 | 0 comments
Promoting Effective Communication in the Work Place A purpose or an idea to be conveyed is needed for communication to happen. The question is how well or how successful you are in transmitting the message (mind you! without transforming it) to the receiver in the proposed meaning, whatever the channel might be! Communication must serve the following functions… Effective Control Motivational expression Information Fundamentally communication helps in controlling the behavior of the members of an organization in several ways. Either formal or informal, it controls the activities of the employees by prescribing certain procedures of communication to be followed when there is a grievance or a difficulty regarding his/her job, the work situation etc. Communication provides Vital Information: Communication also motivates people by clarifying what needs to be done, how to be done and how they are performing and what can be done to improve their performance. Most important function is that communication provides vital information that is crucial for members at all spans or levels to make effective decisions. The feelings of members are also articulated as grapevine in an organization, and in a way it serves as an outlet for their emotional expression. Grapevines: Grapevines are always not harmful, they might even give you information about the pulse of people working for you and if you are really sharp, “you can work it out to your advantage. Communication is always referred to as “oxygen”, we can feel only when it breaks down. Communication plays an important role in managerial and organizational effectiveness. Nevertheless, on the other side it can be the root cause of all the problems in your organization. This excellent infographic on Business Etiquette and Body Language Blunders clearly indicates how body language and gestures influence communication to a greater level. Source: www.thewebsitegroup.uk Effective Communication: In general, effective communication is the prerequisite for any healthy organization and the attainment of its standard objectives. Most of us are in fact aware of how our vocabulary has been modified to reflect political correctness. For instance we have replaced certain words like handicapped, blind and elderly by physically challenged, visually impaired and senior. One must be sensitive to others feelings. Words are the primary means by which people communicate; so due importance must be given for politically correct words both in the society at a larger level and in firms at the micro level. Increasingly, I find people like being addressed by their designation capacities. Even people might get offended if you call them by their first names as it is regarded to be disrespectful. But I think it is always better to address a person giving due respect to his position if you are reporting to him. That way there is no scope for conflicts and strained relationships. Western countries are more modern in their outlook and have a broader perspective on human interactions than the east. Gestures: Words mean different things to different people. In organizations, people of different background work together, so they have their own language of expressing their opinions and ideas. So it calls for a uniformity of language that is well understood and appreciated by all. Gestures also play their part in communicating ideas. So self controlled expressions, proper behavior are also necessary that completes a communication process. Ultimately proper communication leads to… Satisfied employees Effective feedback Organisational efficiency Freedom for suggesting ideas Enhanced interpersonal relationships Closely knit organisational network Encouraging trust and openness. Communication is an on-going process and the purpose is “not to dictate but to make the employees understand the big picture” as to how the process imparts success and viability to the...
Posted by Managementguru in Business Management, Marketing, Operations Management, Principles of Management, Strategy
on Mar 16th, 2014 | 0 comments
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...