30 August 2013

WHY PEOPLE LEAVE AN ORG?

Every company faces the problem of people leaving the company for better pay or profile.
Early this year, Mark, a senior software designer, got an offer from a prestigious international firm to work in its India operations developing specialized software. He was thrilled by the offer.
He had heard a lot about the CEO. The salary was great. The company had all the right systems in place employee-friendly human resources, (HR) policies, a spanking new office, and the very best technology, even a canteen that served superb food.
Twice Mark was sent abroad for training. "My learning curve is the sharpest it's ever been," he said soon after he joined.
Last week, less than eight months after he joined, Mark walked out of the job.

Why did this talented employee leave?
Arun quit for the same reason that drives many good people away.
The answer lies in one of the largest studies undertaken by the Gallup Organization. The study surveyed over a million employees and 80,000 managers and was published in a book called "First Break All: The Rules". It came up with this surprising finding:
If you're losing good people, look to their manager ...., manager is the reason people stay and thrive in an organization. And he's the reason why people leave. When people leave they take knowledge, experience and contacts with them, straight to the competition.
"People leave managers not companies," write the authors Marcus Buckingham and Curt Coffman.
Mostly manager drives people away!
HR experts say that of all the abuses, employees find humiliation the most intolerable. The first time, an employee may not leave, but a thought has been planted. The second time, that thought gets strengthened. The third time, he looks for another job.
When people cannot retort openly in anger, they do so by passive aggression. By digging their heels in and slowing down. By doing only what they are told to do and no more. By omitting to give the boss crucial information. Dev says: "If you work for a jerk, you basically want to get him into trouble. You don 't have your heart and soul in the job."
Different managers can stress out employees in different ways - by being too controlling, too suspicious, too pushy, too critical, but they forget that workers are not fixed assets, they are free agents.
When this goes on too long, an employee will quit - often over a trivial issue.
Talented men leave. Dead wood doesn't.

- Azim Premji, CEO- Wipro

10 Ultimate Tips for Success


Success- Tips

1. Understand that you as the business owner are responsible for everything that happens in your business. You cannot delegate that responsibility.

2. The attitude of the business owner is reflected in the employees working in the business. If you don't like the attitude you see in your employees – look in the mirror.

3. Personal growth and business growth are not the same but they are closely related. When you stop growing as a person you stop growing your business.

4. Know that you don't know everything. It is not possible. When you come to that realization, investing in trusted advisors makes so much sense and it becomes an easy decision.

5. Life is short. Enjoy what you do and others will see that and be attracted to you. It is fun to work with and be around someone who is positive and excited about what they do. If you don't like what you do, find something else to do.

6. Give others credit for their contribution to your success. Everyone loves to be a part of something bigger than them selves and to be recognized for their contribution to the overall success of the organization.

7. Know that your success is tied directly to how well you motivate, manage, inspire, sell and encourage people. Your success, especially as you grow your business comes through the performance of others.

8. If you can't measure it how do you know it works? Measure everything.

9. You must understand how the business you are creating will help you create the life you want. There can be no misunderstanding. True success lies in creating a business that is consistent with and supports the life you want to create.

10. Develop a passion for your work and have fun!

Instructions for Business Success


1.  Remember, being nice is always good business.
2.  Have a firm handshake.
3.  Never shave with a new razor blade before going to an important event or meeting.
4.  Don’t criticize people in front of other people.  Nobody ever feels better.
5.  Be the first to say, “Hello.”
6.  When buying a present for a client, choose the best in its category.
7.  Remember that the ultimate challenge for  us all is not to do something but to be something.
8.  Don’t succumb to negative self-talk.  Never say, “I can’t,” “I’m too old,” or “I’ll never.”
9.  View customer complaints as an opportunity to show them how quickly and expertly you respond to problems.
10.  Do a good job, and you won’t have to do it over or explain why you didn’t do it right in the first place.
11.  Ask your boss he or she is currently reading and then buy and read the books yourself.
12.  When starting your business wardrobe, invest in the best suit and shoes you can afford.
13.  Don’t feel you’re entitled to something you’re not willing to work hard to get.
14.  Never be lured into a job just for the money.
15.  Remember that the smallest step toward your goal is worth more than a marathon of intentions.
16.  Never leave a job interview without telling the interviewer specifically why you should be hired and offering specific examples of how you can improve the company’s business.
17.  When attempting a conference or study group, introduce yourself to as many people as you can.
18.  Don’t be so casual in dress, language, and manner that people don’t take you seriously.
19.  Keep your word, even to your enemies.
20.  Make a list of ten guiding principles that you want most to direct your life.  Every three months ask your family how well you’re living up to them.
21.  Never get into business with a person you has more troubles than you.
22.  Don’t wait until you get your “dream job” before giving it all you’ve got.  Excel at the job at hand and the dream job will appear sooner than you think.
23.  When you can’t solve a problem, at least try to find some humor in it.
24.  Don’t let anyone see you tipsy.
25.  When negotiating, never lose your composure.  Anger is the worst reason to miss a deal. 
26.  Remember that any job done exceptionally well has within it the seeds of greatness.
27.  Never start a business unless you feel a passion for it.
28.  Get mad if you must; then get over it.
29.  Be happy with what you have while working for what you want.
30.  Don’t delay in acting on a good idea.  Chances are someone else has just thought of it too.
31.  When someone gives you unwanted or unsolicited advice just say, “Well, that’s something to think about.”
32.  Every week try to bring two or three new ideas to your boss.
33.  Be tactful.  Never alienate anyone on purpose.
34.  Be wary of anyone who only has one solution to a problem.
35.  Remember that creativity plus discipline is almost always a formula for success.
36.  When interviewing for a job, ask them the one mistake they learned the most from.
37.  Ensure your success by doing common things uncommonly well.
38.  Send your boss an arrangement of fresh flowers and a note when you’ve received a raise or promotion.
39.  Compliment even the smallest improvements.
40.  Say “thank you” a lot.
41.  Say “please” a lot.
42.  Once or twice in life ask for the moon.  You never know, someone just might give it to you.
43.  Never do business with a man who cheats on his wife.
44.  Live beneath your means.
45.  Wear polished shoes.
46.  Ask for a raise when you feel you’ve earned it.
47.  Treat everyone you meet like you want to be treated.
48.  Don’t waste time learning the “tricks of the trade.”  Instead, learn the trade.
49.  Remember, it’s better to trust and be occasionally disappointed than to be distrustful and miserable all the time.
50.  Demand excellence and be willing to pay for it.
51.  Admit your mistakes.
52.  When someone wants to hire you, even if it’s for a job you have little interest in, talk to them.  Never close the door on an opportunity until you’ve had a chance to hear the offer in person.
53.  In business and in family relationships, remember that the most important thing is trust.
54.  Remember that knowledge is powerless unless you act on it.
55.  Look on the positive side of things.  Life’s happiest and most successful people are almost always inspiringly optimistic.
56.  Learn how to read a financial report.
57.  Use credit cards for convenience, never for credit.
58.  Never cheat.
59.  When you arrive at your job in the morning, let the first thing you say brighten everyone’s day.
60.  Write “thank you” notes promptly.
61.  Never waste an opportunity to tell good employees how much they mean to the company.
62.  Remember people’s names.
63.  Introduce yourself to the manager of the branch where you bank.  It’s important that he or she knows you personally.
64.  Keep your watch five minutes fast.
65.  Don’t say you don’t have enough time.  You have exactly the same number of hours each day that were given to Helen Keller, Pasteur, Michelangelo, Mother Teresa, Leonardo da Vinci, Thomas Jefferson, and Albert Einstein.
66.  Learn Spanish.  In a few years, more than 35 percent of all Americans will speak it as the first language.
67.  Get acquainted with a good lawyer, accountant, and plumber.
68.  Resist the temptation to put a cute message on your answering machine.
69.  Don’t burn bridges.  You’ll be surprised how many times you have to cross the same river.
70.  Keep your desk and work area neat.
71.  Be punctual and insist on it in others.
72.  Avoid negative people.
73.  Remember that without good character, knowledge and talent are wasted.
74.  Offer to leave the tip when someone invites you out to eat.
75.  Resist telling people how something should be done.  Instead, tell them what needs to be done.
76.  Never give up on what you really want to do.  The person with big dreams is more powerful than one with all the facts.
77.  Strive for excellence, not perfection.
78.  Read carefully anything that requires your signature.  Remember, the big print giveth and the small print taketh away.
79.  Don’t quit a job until you’ve lined up another.
80.  Never criticize the person who signs your paycheck.  If you are unhappy with your job, resign.
81.  Become the most positive and enthusiastic person you know.
82.  Remember, it’s not your job to get people to like you.  It’s your job to like people.
83.  Have a good posture.  Enter a room with purpose and confidence.
84.  When traveling out of the country, keep photocopies of your passport, tickets, and credit card cancellation numbers separate from your wallet.
85.  Don’t forget that a person’s greatest emotional need is to feel appreciated.
86.  Choose work that is in harmony with your values.
87.  When traveling by plane, don’t pack valuables or important papers in your suitcase.  Carry them on board with you.
88.  Commit yourself to constant self-improvement.
89.  Give your best to your employer.  It’s one of the best investments you can make.
90.  Don’t discuss business in elevators or restrooms.  You never know who may overhear you.
91.  Spend less time worrying who’s right, and more time deciding what’s right.
92.  Praise in public.  Criticize in private.
93.  Have impeccable manners.
94.  Remember that to be a big success, you’ll have to be the first, best, or different.
95.  Smile a lot.  It costs nothing and is beyond price.
96.  Show respect for others’ time.  Call whenever you’re going to be more than ten minutes late.
97.  Learn to be cheerful even when you don’t feel like it.
98.  Remember that the best job security is being paid a little less than you’re worth.
99.  Avoid like the plague any lawsuit.
100.  Beware of the person who has nothing to lose.
101.  When facing a difficult task, act as though it is impossible to fail.  If you’re going after Moby Dick, take along the tartar sauce.
102.  Remember that of all the things you wear, your expression is the most important.
103.  Cut out complimentary newspaper articles about people you know and mail the articles to them with notes of congratulations.
104.  Never use a toothpick in public.
105.  Discipline yourself to save money.  It’s essential to success.
106.  Remember the deal’s not done until the check has cleared the bank.
107.  Don’t spread yourself too thin.  Learn to say “No” politely and quickly.
108.  Keep overhead low.  Keep expectations high.
109.  See problems as opportunities for growth and self-mastery.
110.  Judge your success by the degree that you’re enjoying peace, health, and love.
111.  Remember that hard work, persistence, and an enthusiastic approach to life will get you most anything you want.
112.  Don’t bore people with your problems.  When someone asks you how you feel, say, “Terrific, never better.”  When they ask, “How’s business?” reply, “Excellent, and going better every day.”
113.  Learn to disagree without being disagreeable.
114.  Whatever your present job, even if you’re dissatisfied, give it your best shot.  This will get you to a better position quicker than anything else you can do.
115.  Remember that winners do what losers don’t want to.
116.  When traveling, put a card in your wallet with your name, home phone number, the phone number of a friend or close relative, plus the phone number of the hotel or motel where you’re staying.  This is critical information should you be involved in an accident.
117.  Seek opportunity, not security.  A boat in harbor is safe, but in time, its bottom will rot out.
118.  Don’t let anyone talk you out of pursuing what you know to be a great idea.
119.  Remember, no one makes it alone.  Have a grateful heart and be quick to acknowledge those you help you.
120.  Do business with those who do business with you.
121.  Give you clients your enthusiastic best.
122.  Take charge of your attitude.  Don’t let someone else choose it for you.
123.  Pay close attention to the details.
124.  Be bold and courageous.  When you look back on your life, you’ll regret the things you didn’t do more than the ones you did.
125.  Remember that experience is often over-rated.  Passion, character, and creativity are often more important to success.
126.  Start meetings on time regardless of who’s missing.
127.  Be an original.  If that means being a little eccentric, so be it.
128.  Don’t flaunt your success, but don’t apologize for it either.
129.  Be decisive even if it means you’ll sometimes be wrong.
130.  Take care of your reputation.  It’s your most valuable asset.
131.  Get your priorities straight.  No one ever said on his deathbed, “Gee if I’d only spent more time at the office.”
132.  Don’t accept “good enough” as good enough.
133.  Answer the phone with enthusiasm and energy in your voice.
134.  When meeting someone you don’t know well, extend your hand and give them your name.  Don’t assume they remember.
135.  Never compromise your integrity.
136.  Keep a notepad and pencil on your bedside table.  Million-ideas sometimes strike at 3am.
137.  When you find a job that’s ideal, take it regardless of the pay.  If you’ve got what it takes, your salary will soon reflect your value to the company. 
138.  Stand when greeting a visitor to your office.
139.  Don’t be rushed into making an important decision.  People will understand if you say, “I’d like a little more time to think it over.  Can I get back to you tomorrow?”
140.  Be prepared.  You never get a second chance to make a good first impression.
141.  Don’t expect others to listen to your advice and ignore your example.
142.  Go the distance.  When you accept a task, finish it.
143.  Watch for big problems.  They disguise big opportunities.
144.  Never admit at work that you’re tired, angry, or bored.
145.  When negotiating your salary, think of what you want; then ask for ten percent more.
146.  Keep several irons in the fire.
147.  After you’ve worked hard to get what you want, take the time to enjoy it.
148.  Be alert to opportunities to show praise and appreciation.
149.  Your mind can only hold one thought at a time.  Make it a positive and constructive one.
150.  Never apologize for being early for an appointment.
151.  Don’t procrastinate.  Do what needs doing when it needs to be done.
152.  When reconvening after a conference break, choose a chair in a different part of the room.
153.  Accept a breath mint if someone offers you one.
154.  Volunteer.  Sometimes the jobs no one wants conceal big opportunities.
155.  When you go to borrow money, dress as if you have plenty of it.
156.  Keep a diary of your accomplishments at work.  Then when you ask for a raise, you’ll have the information you need to back it up.
157.  Seize every opportunity for additional training in your job.
158.  When someone asks you a question you don’t want to answer, smile and ask, “Why do you want to know?”
159.  Carry two big safety pins when you travel so that you can pin the drapes shut in your motel room.
160.  Remember that the moment you say, “I give up,” someone else, seeing the same situation, is saying, “My, what a great opportunity.”
161.  When a person compliments your tie, take it off and give it to him.  He will never forget the gesture.
162.  Never be photographed with a cocktail glass in your hand.
163.  Look for ways to make your boss look good.
164.  Give people more than they expect and do it cheerfully.
165.  There are people who will always come up with reasons why you can’t do what you want to do.  Ignore them.
166.  When you are totally exhausted but have to keep going, wash your face and hands, and put on clean socks and a clean shirt.  You will feel remarkably refreshed.
167.  Set high goals for your employees and help them attain them.
168.  Do your homework and know your facts, but remember it’s passion that persuades.
169.  Dress a little better than your clients but not as well as your boss.
170.  When concluding a business deal and the other person suggests working out the details later, say, “I understand, but I would like to settle the entire matter right now.”  Don’t move from the table until you do.
171.  Never underestimate the competition.
172.  When hiring, give special consideration to a man who is an Eagle Scout and a woman who has received the Girl Scout Gold Award.
173.  Remember that a person who is foolish with money is foolish in other ways too.
174.  When anyone says, “Don’t worry, you can trust me,” hold on to your wallet.
175.  Treat your employees with the same respect you give your clients.
176.  Be quick to take advantage of an advantage.
177.  When interviewing for a job, don’t bring up the subject of salary too soon.  When asked about your salary requirements, say something like, “I’m open to whatever salary range is being offered, and I’m sure you’ll be fair.”
178.  What you must do, do cheerfully.
179.  Don’t waste your time waiting for inspiration.  Begin, and inspiration will find you.
180.  Win without boasting; lose without excuses.
181.  Watch your attitude.  It’s the first thing people notice about you.
182.  Ask someone you’d like to know better to list five people he would most like to meet.  It will tell you a lot about him.
183.  When you find someone doing small things well, put him or her in charge of bigger things.
184.  Some things need doing better than they’ve ever been done before.  Some just need doing.  Others don’t need doing at all.  Know which is which.
185.  Remember that experiences are more valuable than things almost every time.
186.  Don’t carry expensive luggage.  It’s a tip-off to thieves that valuable items may be inside.
187.  Be advised that when negotiating, if you don’t get it in writing, you probably won’t get it.
188.  Don’t do business with anyone who has a history of suing people.
189.  Remember that you can’t accomplish anything extraordinary without stepping on a few people’s toes.
190.  Mind the store.  No one cares about your business the way you do.
191.  When giving a speech, concentrate on what you can give the audience, not what you can get from them.
192.  Don’t accept unacceptable behavior.
193.  Remember that almost everything looks better after a good night’s sleep.
194.  Become famous for finishing important or difficult tasks.
195.  Do a good job because you want to, not because you have to.  This puts you in charge instead of your boss.
196.  Share your knowledge.  It’s a way to achieve immortality.
197.  Don’t work for a company led by someone of questionable character.
198.  Act with courtesy and fairness regardless of how others treat you.  Don’t let them determine your response.
199.  Remember that everyone you meet wears an invisible sign.  It reads, “Notice me.  Make me feel important.”
200.  When you are a dinner guest at a restaurant, don’t order anything more expensive than your host does.
201.  Start every day with the most important thing you have to do.  Save the less important tasks for later.
202.  If you make a lot of money, put it to use helping others while you are living.  That is wealth’s greatest satisfaction.
203.  Remember that not getting what you want is sometimes a stroke of good luck.
204.  Never hire someone you wouldn’t invite to dinner.
205.  Perform a job better than anyone else can.  That’s the best job security there is.
206.  Judge your success by what you had to give up in order to get it.
207.  Never “borrow” so much as a pencil from your workplace.
208.  Don’t discuss domestic problems at work.
209.  A racehorse that consistently runs just a second faster that another horse is worth millions of dollars more.  Be willing to give that extra effort that separates the winner from the one in second place.
210.  Remember this statement by Coach Lou Holtz:  “Life is 10 percent what happens to me and 90 percent how I react to it.”
211.  Grind it out.  Hanging on just one second longer than your competition makes you the winner.
212.  When attending meetings, sit down front.
213.  Be better prepared than you think you need to be.
214.  Let your handshake be as binding a signed contract.
215.  Keep and file the best business letters you receive.
216.  Give handout materials after your presentation, never before.
217.  You may dress unconventionally, but remember, the more strangely you dress, the better you have to be.
218.  Be suspicious of a boss who schedules meetings instead of making decisions.
219.  When a guest, never complain about the food, drink, or accommodations.
220.  Regardless of the situation, remember that nothing is ever lost by courtesy.
221.  When staying at a hotel or motel, don’t accept a room next to the ice or vending machines.
222.  Work for a company where the expectations of you are high.
223.  Remember that all success comes at a price.
224.  Treat your company’s money as you would your own.
225.  Never complain about a flight delayed for mechanical repairs.  Waiting on the ground is infinitely better than the alternative.
226.  Make a list of travel necessities, laminate it, and keep it in your suitcase.
227.  Always take your vacation time.
228.  Once a month invite someone to lunch who knows more about your business than you.
229.  When you need to apologize to someone, do it in person.
230.  Be especially courteous to receptionists and secretaries; they are the gatekeepers.
231.  Worry about the consequences of the choices you make before you make them, not afterward.
232.  Locate the emergency exits as soon as you check into your hotel room.
233.  Take a course in public speaking.
234.  For better security when traveling, take along a small wedge of wood and jam it under your hotel room door.
235.  Occasionally leave a quarter in the change return slot of a pay phone.  Somebody always checks.  Finding it might make their day. 
236.  Never be too busy to meet someone new.
237.  Welcome the unexpected!  Opportunities rarely come in neat, predictable packages.
238.  Offer to pay for parking and toll when you ride with someone.
239.  Take advantage of free lectures on any subject in which you are remotely interested.
240.  Never give up on a dream just because of the length of time it will take to accomplish it.  The time will pass anyway.
241.  Before criticizing a new employee, remember your first day at work.
242.  Dress for the position you want, not the one you have.
243.  Be innovative; be passionate; be committed.
244.  Don’t get caught glancing at your watch when you’re having a conversation with someone.
245.  Eat lightly or not at all before a speech or presentation.
246.  Find something that’s important to your company and learn to do it better than anyone else.
247.  After someone apologizes to you, don’t lecture them.
248.  Once a year, take your boss to lunch.
249.  Read biographies of successful men and women.
250.  Remember that nothing important was ever achieved without someone taking a chance.
251.  Never resist a generous impulse.
252.  Be wary at stopping at restaurants with Help Wanted signs.
253.  Remember that wealth is not having all the money you want, but having all the money you need.
254.  Don’t live with the brakes on.
255.  If you know you’re going to lose, do it with style.
256.  Ask your boss what he or she expects of you.
257.  Never use sarcasm when reviewing an employee’s performance.
258.  Don’t employ the services of any professional whom you wouldn’t trust with the key to your house.
259.  Read Dale Carnegie’s classic, How to Win Friends and Influence People.
260.  Make friends before you need them.
261.  Never criticize your country when traveling abroad.
262.  Aim high; work hard; play fair; help others.
263.  Send a hand written letter to a longtime customer, thanking them for their business.  They will never forget it.
264.  Never enter your boss’s office without a notepad and pencil.
265.  Be an example of what you want to see of more in the world.
266.  When interviewing for a job, learn as much as you can about the business by visiting the library and reading the past year’s industry trade magazines.
267.  Hold important meetings on your turf.
268.  Make two photocopies of the important cards and licenses in your wallet.  Keep one at the office and one at home.
269.  Take advantage of the power of networking.  Attend those parties and conferences, and smile and schmooze not matter how you feel.
270.  Avail yourself of a “second opinion” whenever you can.
271.  Remember, some problems are like zits; if you leave them alone they get better.
272.  Become an expert in an area essential to the success of your company
273.  Remember the quickest way to get a raise is to raise your commitment to the company.
274.  Don’t wait until everything is nearly perfect before being happy or optimistic; be superior to circumstances.
275.  When you enter a room where there are microphones and TV cameras, always treat them as if they were “on” and picking up every word you say.
276.  Determine a person’s character by how he earns his money, how he spends his money, and how he treats his family.
277.  If you don’t believe the product or service you’re offering is of the highest quality, get another job.
278.  Stay in touch with contemporary youth culture by watching MTV every once in awhile.
279.  Read Undaunted Courage by Stephen Ambrose.
280.  Remember that the best antidote for worry is action.
281.  When you feel in the need of a compliment, give one to someone else.
282.  Celebrate victories and analyze defeats.
283.  Should you be given disappointing accommodations or unprofessional service at a hotel, tell the manager that you intend to write letters to the Better Business Bureau, the local convention bureau, Mobil Travel Guide, AAA, and travel magazines.
284.  When asking for a raise, don’t dwell on your personal financial situation.  Speak only of your financial value to the company.
285.  Remember that the most challenging management problem we ever face is ourselves.
286.  Never bet against anyone who is better prepared and more committed than you.
287.  Remember, it’s not enough to do your best.  You must also do what’s necessary.
288.  When sending typed letters, add a handwritten salutation or postscript to make it more personal.
289.  Never think you are working for someone else.  You are ultimately your own boss, and you can make any job a launching pad for success.
290.  Proofread carefully everything that goes out over your signature.
291.  To get someone’s attention, ask for their opinion.
292.  Look for opportunities to assume more responsibility than you presently have.
293.  Remember that talent and ability are of little use without integrity.
294.  Never give a person’s name as a reference unless you’ve received his or her permission.
295.  When someone says they’ll get back to you, ask for a specific time and date.
296.  Never let the odds keep you from pursuing what you know in your heart you were meant to do.
297.  When you meet a person for the first time, speak his name at least twice.  It does wonders for your memory.
298.  Remember that a crisis is an opportunity to show people what you are made of.
299.  Be as friendly to the janitor as you are to the chairman of the board.
300.  Unless you’re the president of the United States, there is no reason to take a cell phone to lunch.  Leave it in the car.
301.  Pay for your mistakes today.  Tomorrow the price goes up.
302.  Regardless of the situation, react with class.
303.  Remember that a good example is the best sermon.
304.  Never work for someone you wouldn’t be proud to introduce to your mother.
305.  Remember that the quality of your life is determined by the choices you make.
306.  Remember that people forget what you say and what you do, but they never forget the way you make them feel.
307.  When deciding matter of great importance, even if you think you have the answer, give it another 24 hours.
308.  Never speak ill of anyone who’s had you as a guest in their home.
309.  To get an instant smile, hand someone a box of animal crackers.
310.  Remember that when you take inventory of the things you treasure most, none will have been purchased with money.


3600 Feed back

Performance feedback from supervisors, peers, partners, clients, reporting staff, sub-ordinates and co-workers,Companies are adopting the 360 degree feedback approach to make employee assessment more effective and unbiased. 3600 feedback ensures unbiased evaluation as everyone gets a chance to express him.

What is 3600 feedback?

360 degree feedback is a tool that provides employee a platform to receive performance feedback from supervisors, peers, partners, clients, reporting staff, sub-ordinates, and co-workers. It is a system wherein employees are given an opportunity to opine about their colleagues. It’s a system where a group of people rate and evaluate their co-workers on various parameters. This feedback helps ensure unbiased evaluation as very employee gets a chance to express him.

Picture this: Its appraisal time and you are sitting in front of your seniors, who are leaving no stone unturned to underplay your performance. Even minor mistakes are dug out and blown out of proportion. Any explanation you offer is being categorized as “expected”. Your senior constantly highlights the areas, where there is scope for improvement and overlooks your achievements.

Most of us would identify with the above situation. We cannot deny the fact that in such a system there are chances of unwarranted practices like favoritism and grudges being at play. To avoid such malice, many companies are now adopting the 360degree technique of assessment here, unlike the traditional method where only managers assessed subordinates. Subordinates get a chance to assess seniors.

The major challenge with this technique is the need for anonymity. At times it becomes difficult to provide negative feedback about your colleagues with whom you may be sharing a good rapport. While the feedback may help the person improve, it can take a toll on the relationship you share with him. The process is, thus, kept confidential and the people participating are anonymous. Employees are, however, informed about the fact that they are being evaluated not just by their seniors, but their co-workers as well. This may not necessarily be team members. It could be any employee associated with the person.
Benefits of this system:

Fair Deal: Implementing 360 degree feedback ensures that employee assessment is based on fair practice, minimizing possibility of discrimination and biased opinions. Thus, employees do not find themselves a victim of unwanted events. It is a well rounded system, where employees receive an objective feedback. It also keeps a watch on seniors as they know that their ratings will depend on the assessment given by their subordinates.

Effective endeavor: This system is more effective because individuals get a better picture of how colleagues perceive them as an individual, professional and as a co-worker. It provides multiple insights and encourages open feedback, promoting transparency.
Team work:
A leader acting upon 360 degrees feedback reinforces trust and confidence among team members. This system is beneficial as it promotes teamwork and understanding among employees. Each one knows that a spoilt rapport can cost them dear.

Acceptance: HR reaches conducted over a period of time suggest that the 360 degree feedback is better accepted by people since they are aware that it is genuine with minimal biases. Employees value their co-workers’ feedback much more than their managers. It thus motivates the employees to willingly take appropriate development action. So the purpose is achieved more effectively.

Reinforces values:
The 360 degree feedback system reinforces organizational values. It gives employees a platform to express what they think can help improve performance. Employees get a chance to identify missing skills and this inculcates a feeling “belonging” since they know their opinion matters


29 August 2013

Money Motivates

WHETHER MONEY MOTIVATES!_IF YES

Behavioral scientists tend to downplay money as a motivator. They prefer to emphasize the importance of challenging jobs, goals, participative decision making, feedback, recognition, cohesive work teams, and other non-monetary factors. We argue otherwise here that is, money is the critical incentive to work motivation.

Money is important to employees because it’s a medium of exchange. People may not work only for money, but take the money away and how many people would come to work? A study of nearly 2,500 employees found that although these people disagreed over what was their number-one motivator, they unanimously chose money as their number two.

As equity theory suggests, money has symbolic value in addition to its exchange value. We use pay as the primary outcome against which we compare our inputs to determine if we are being treated equitably. When an organization pays one executive Rs9 Lacs a year and another Rs11 Lacs, it means more than the latter’s earning Rs2 Lacs a year more. Its message, from the organization to both employees, of how much it values the contribution of each,

In addition to equity theory, both reinforcement and expectancy theories attest to the value of money as a motivator. In the former, if pay is contingent on performance, it will encourage workers to generate high levels of efforts. Consistent with expectancy theory, money will motivate to the extent that it is seen as being able to satisfy an individual’s personal goals and is perceived as being dependent on performance criteria.

However, maybe the best case for money is a review of studies that looked at four methods of motivating employee performance: money, goal setting, participative decision making, and redesigning jobs to give workers more challenge and responsibility. The average improvement from money was consistently higher than with any of the other methods.

IF NO

Money can motivate some people under some conditions, so the issue isn't really whether or not money can motivate. The answer to that is: It can? The more relevant question is: Does money motivate most employees in the workforce today? The answer to this question, we propose, is No.

For money to motivate an individual’s performance, certain conditions must be met. First, money must be important to the individual. Yet money isn't important to everybody. High achievers, for instance, are intrinsically motivated. Money would have little impact on these people.

Second, money must be perceived by the individual as being a direct reward for performance. Unfortunately, performance and pay are poorly linked in most organizations. Pay increases are far more often determined by non-performance factors such as experience, community pay standards, or company profitability.

Third, the marginal amount of money offered for the performance must be perceived by the individual as being significant. Research indicates that merit raises must be at least 7% of base pay for employees to perceive them as motivating. Unfortunately, data indicates average merit increases in recent years have been typically only in the 3.3 to 4.4 % range.

Finally, management must have the discretion to rewards high performers with more money. Unfortunately, unions and organizational compensation policies constrain managerial discretion In non unionized environments, traditionally narrow compensation grades create severe restrictions on pay increases. For example, in one organization, a Systems Analyst IV’s pay grade ranges from Rs 40,000 to Rs 45,000 a month. No matter how good a job that analyst does, her boss cannot pay her more than Rs 45,000 month. Similarly, no matter how poorly she performs, she will not earn les than Rs 40,000. So money might be theoretically capable of motivating employee performance, but most managers aren't given enough flexibility to do much about it.


28 August 2013

Projecting your work positively to your boss

Effective communication makes life easy and simple.  Take an example from your personal life- smooth communication with your friends and near & dear ones makes life easy. Same is true regarding your professional life. Your professional life could become a lot easier if you communicate effectively with your boss. One of the most common ways to communicate with your boss is by sending reports. Smart employees know how to write effective reports and project their work positively to the boss.

It is strange, but true that almost all employees find sending of reports a very monotonous task and often take it for granted, but on the contrary reporting is one of the most significant ways to communicate effectively to your boss and represent your image positively. Employees find reporting annoying, time-consuming and useless where as for the boss, the report is one of the most important document that provides a clear picture of work, its progress and also helps in assessing the employee’s performance. Regular reporting help authorities in planning better future policies and plans.

A smart employee knows how to communicate effectively with the boss and how to get maximum exposure just by sending a daily report. It is true that work speaks louder than words but, your seniors and boss have number of other liabilities and sending a report is the only means to communicate with the concerned authorities. Your boss will perceive you as you project yourself in your report. Though each office and designation has its own reporting rule, but there are a few common rules that are required to be fulfilled to make a reporting effective and impressive.
While sending report or any kind of mail consider your audience and write accordingly, if you are reporting to a number of departments either write a separate mail or mention each department in a new section. While reporting try to keep your sentences short, but do not forget to mention the main task of your activity.

It is very important to write precise and accurate report. Do not clutter your mail with irrelevant details instead make it crisp and short. Make sure that your mail is grammatically correct and error free.  You can use spell check and grammar checker to make your report error free. No matter how good you are at your job, but if you cannot project it to your boss effectively you will never win your piece of cake. Professional world is very competitive and to remain in the race it is important to show yourself in the correct manner.

One of the best ways to communicate effectively is to provide executive summary at the starting of the report, highlighting the salient features and writing a short paragraph on the main task.

It is very important to proof-read a report before sending it to the concerned authorities; a report which is full of grammatical errors will surely damage your reputation where as an error free report will show your commitment and dedication to the job.

It is common to use acronyms and jargon in day to day conversations, but while sending a report, remember that you are formally communicating with your boss and an informal conversational use of jargon and acronyms should be avoided.

Use simple and easy language in a report. A report is not meant for showing your linguistic skills, but the purpose of a report is to maintain communication between the employee and the boss. Keep it neat, simple and short so that the concerned authorities can easily find the relevant information without getting lost in unnecessary details.

An employee’s future in any company is largely decided by his relation with his boss; open the source of communication with your boss, send your reports regularly, follow the etiquette of sending a report and make your professional life easy.

Communicate smartly and project yourself and your task intelligently it will make your path of professional success easy. This can also lead to Merit Pay or increment if the boss is impressed.

Two more recent adaptations of merit pay plans are popular. One awards merit raises in a lump sum once a year and does not make the raises of the employee’s salary (making them, in effect short term, Bonuses for lower level workers). Traditional merit increases are cumulative but most lump sum merit raises are not. This produces two potential benefits. First, the rise in payroll expenses can be significantly slowed. Lump sum merit increases can also be more dramatic motivation than traditional merit pay rises.

The other adaptation ties merit awards to both individual and organizational performance. In this example, you might measure the company’s performance by, say rate on return, or sales divided by payroll costs. Company performance and the employee’s performance (using his or her performance appraisal) receive equal weight in computing the merit pay.  Here an outstanding performer would receive 70% of his or her maximum lump sum award even if the organization’s performance was marginal. However, employees with marginal or unacceptable performance would get no lump sum awards even in years in which the firm’s performance was outstanding. The bonus plan at discovery communication is an example. Executive assistants can receive bonuses of up to 10% of their salaries. The boss’s evaluation of the assistant’s individual performance accounts for 80% of the potential bonus: 10% is based on how the division is done, and 10% on how the company as a whole does.




Extra Ordinary Successful people

Often we get caught in the mental trap of seeing enormously successful people and thinking they are where they are because they have some special gift. Yet a closer look shows that the greatest gift that extraordinarily successful people have over the average person is their ability to get themselves to take action. It is a gift that any of us can develop within ourselves. After all, other people had the same knowledge. People other than Ted Turner could have figured out that cable had enormous economic potential. But Turner and Jobs were able to take action, and by doing so, they changed the way of many experience the world.

We all produce two forms of communication from which the experience of our lives is fashioned. First, we conduct internal communications; those things we picture, say, and feel within ourselves. Second, we experience external communications: words, tonalities, facial expressions, body postures, and physical actions to communicate with the world. Every communication we make is an action, a cause set in motion. And all communications have some kind of effect on us and on others.

Communication is power. Those who have mastered its effective use can change their own experience of the worlds and the world’s experience of them. All behaviors and feelings find their original roots in some form of communication. Those who affect the thought, feelings, and actions of the majority of us are those who know how to use this tool of power. Think of the people who have changed our world – John F Kennedy, Thomas Jefferson, Martin Luther King, Jr., Franklin Delano Roosevelt, Winston Churchill, Mahatma Gandhi. In a much grimmer vein, think of Hitler. What these men all had in common was that they were master communicators. They were able to take their vision, whether it was to transport people into space or to create a hate filled Third Reich, and communicate it to others with such congruency that they influenced the way the masses through and acted. Through their communication power, they changed the world.

In fact, isn’t this also what sets a Spielberg, a Springsteen, an Iacocca, a Fonda, or a Reagan apart from others? Are they not masters of the tool of human communication, or influence? Just as these people are able to move the masses with communication, it’s the tool we also to move ourselves.

Your level of communication mastery in the external world will determine your level of success with others – personally, emotionally, socially, and financially. More important, the level of success you experience internally – the happiness, joy, ecstasy, love, or anything else you desire – is the direct result of how you communicate to yourself. How you feel is not the result of what is happening. Successful people’s lives have shown us over and over again that the quality of our lives is determined not by what happens to us, but rather by what we do about what happens.

You are the one who decides how to feel and act based upon the ways you choose to perceive your life. Nothing has any meaning except the meaning we give it. Most of us have turned this process of interpretation on automatic, but we can take that power back and immediately change our experience of the world.

This article is about taking the kinds of massive, focused, congruent actions that lead to overwhelming results. Producing results! Think about it. Isn't that what you’re really interested in? May be you want to change how you feel about yourself and your world. May be you’d like to be a better communicator, develop a more loving relationship, learn more rapidly, become healthier, or earn more money. You can create all of these things for yourself, and much more, through the effective use of the information in this book. Before you can produce new results, however, you must first realize that you’re already producing results. They just may not be the results you desire. Most of us think of our mental states and most of what goes on in our minds as things that happen outside our control. But the truth is you can control your mental activities and your behaviors to a degree you never believed possible before. If you’re depressed you created and produced that show you call depression. If you’re ecstatic you created that, too.

23 August 2013

Top 10 Qualities of an Excellent Manager

An Excellent Manager taps into talents and resources in order to support and bring out the Best in others. An Outstanding Manager evokes possibility in others.

1. Creativity
Creativity is what separates competence from excellence. Creativity is the spark that propels projects forward and that captures peoples' attention. Creativity is the ingredient that pulls the different pieces together into a cohesive whole, adding zest and appeal in the process.

2. Structure
The context and structure we work within always have a set of parameters, limitations and guidelines. A stellar manager knows how to work within the structure and not let the structure impinge upon the process or the project. Know the structure intimately, so as to guide others to effectively work within the given parameters. Do this to expand beyond the boundaries.

3. Intuition
Intuition is the capacity of knowing without the use of rational processes; it's the cornerstone of emotional intelligence. People with keen insight are often able to sense what others are feeling and thinking; consequently, they're able to respond perfectly to another through their *deeper understanding. * The stronger one's intuition, the stronger manager one will be.

4. Knowledge
A thorough knowledge base is essential. The knowledge base must be so ingrained and integrated into their being that they become *transparent, * focusing on the employee and what s/he needs to learn, versus focusing on the knowledge base. The excellent manager lives from a knowledge base, without having to draw attention to it.

5. Commitment
A manager is committed to the success of the project and of all team members. S/he holds the vision for the collective team and moves the team closer to the end result. It's the manager's commitment that pulls the team forward during trying times.

6. Being Human
Employees value leaders who are human and who don't hide behind their authority. The best leaders are those who aren't afraid to be themselves. Managers who respect and connect with others on a human level inspire great loyalty.

7. Versatility
Flexibility and versatility are valuable qualities in a manager. Beneath the flexibility and versatility is an ability to be both non-reactive and not attached to how things have to be. Versatility implies an openness ­ this openness allows the leader to quickly *change on a dime* when necessary. Flexibility and versatility are the pathways to speedy responsiveness.

8. Lightness
A stellar manager doesn't just produce outstanding results; s/he has fun in the process! Lightness doesn't impede results but rather, helps to move the team forward. Lightness complements the seriousness of the task at hand as well as the resolve of the team, therefore contributing to strong team results and retention.

9. Discipline/Focus
Discipline is the ability to choose and live from what one pays attention to. Discipline as self-mastery can be exhilarating! Role model the ability to live from your intention consistently and you'll role model an important leadership quality.

10. Big Picture, Small Actions
Excellent managers see the big picture concurrent with managing the details. Small actions lead to the big picture; the excellent manager is skillful at doing both: think big while also paying attention to the details