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 Business Management, Human Resource, Leadership, Principles of Management
on Mar 1st, 2014 | 0 comments
One of the key concepts of leadership is that everyone has innate leadership skills that can be ‘polished’ and developed. In excellent organizations, everyone, regardless of title or position, is encouraged to act like a leader. One of the principles of effective leadership is “to make sure that other people will be willing to follow you. Unfortunately, management education doesn’t place enough emphasis on leadership skills.” The functions of a leader can be defined as follows: 1. Taking the initiative – A leader initiates all actions necessary for the purpose of warranting the health and growth of the enterprise in a competitive economy. 2. He identifies group goals 3. He represents the organization 4. He acts as an arbitrator 5. To assign reasons for his actions 6. To interpret the objectives of organization 7. To guide and direct the organization 8. To encourage team work 9. He manages the organization Top 50 Quotes That Show the Road to Success This exemplary leadership model by kouzes and posner will give you a fair idea on how a leader should set behavioral and performance standards in an organization. Leadership Styles Every leader has his own style that can be defined as a leader‘s behavior towards group members. It refers to the pattern of behavior which a leader embraces in influencing the behavior of his subordinates in the organizational context. Different leadership styles can be categorized as follows. 1. Autocratic Leadership Autocratic leadership is also known as authoritarian, directive, leader centered or monothetic style. Under this style, leader concentrates all authority in himself, instructs a subordinate as to what to do, how to do it, when to do it etc. He also exercises close supervision and control over his subordinates. There are three categories of autocratic leaders a. Strict Autocrat – A strict autocrat believes on negative authority and gives orders which the subordinates must accept. He may also use his powers to disperse rewards to his group. b. Benevolent Autocrat – The benevolent style aids in accomplishing high productivity in many situations and he can develop effective human relationship. His motivational style is usually positive. c. Manipulative Autocrat – A manipulative autocrat leader is one who makes the subordinates feel that they are participating in decision making process even though he has already taken the decisions. 2. Participative Leadership This style is also called as democratic, consultative, group centered or ideographic style. A participative leader is one who consults and welcomes his subordinates to participate in decision making process. Under this style, subordinates are freely allowed to communicate with the leader and also with their fellow subordinates and take their own initiative. 3. Laissez Faire or Free-rein Leadership Under this style of leadership, the leader mostly depends upon the group and its members to establish their own goals and make their own decisions. The leader is passive and assumes the role of just another member in the group. Only very little control is exercised over group members. This style is also known permissive style of leadership. This style is appropriate only in certain situations where the manager can leave a choice to his groups. A leader is supposed to possess these discretionary skills required at different times and during interaction with different people… Qualities of a successful leader The following are the major innate qualities in a successful leader. 1. Physical features like height, weight, health and appearance 2. Intelligence 3. Emotional stability 4. Human relations 5. Empathy 6. Objectivity 7. Motivating skills 8. Technical skills 9. Communicative skills 10. Social...