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Showing posts from March, 2017

FAILURE IS PART OF SUCCESS

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One of my students' Facebook status read:  Its often said that nothing fails like success. But I believe nothing is as permanent as failure. Once it gets inside you, it stays there for quite a long time and in this process it destroys everything. I am sure many of us, especially when we pass through the age he is passing, tend to feel this way. Many times we don’t share it with others. Once I saw this post I responded quickly (well within 6 hrs): It depends on the frequency of its occurrence... And one's attitude... Positive people take lesson from that and move forward with caution, care and commitment... Negative people curse it and kill their efforts, enthusiasm and energy. Ultimately choice is with the individual... One must not handover his/her remote to others be it individuals or objects. It did not just end there. It took me back to my own experiences and interactions. It drove me to the lessons that I learnt all the while. It has been really interesting when

Inclusivity of Business and Well-Being

B USINESS operates on the basic premise of interdependence between enterprise and society.  Their isolation kills the very foundational spirit of business. State plays a role of facilitator in order to assure that the interdependence is well respected and maintained.  Even when we follow laissez faire or operate in free trade environment, exploitation of users of products and services has to be monitored and controlled.  Irrespective of model of development and geographies of operation, this has been the hallmark in sustaining business growth and building great enterprises. At individual level, well-being is a state in which a person feels good about one’s life.  It is a reflection on past experience observed through satisfaction, on having good conditions of life at present and having positive outlook towards future. At larger level, human well-being reflects on general satisfaction of all individuals with their health, education, relationships, environment, governance, and pro

Happiness Matters! It really does.

ORGANIZATIONS strive for better firm performance. In competitive environment it becomes a greater challenge to compete with their previous performance viz-a-viz the performance of the rivals. In all these efforts employees play key role. Employees work in organizations to achieve their individual goals.    They put efforts to attain organizational objectives and goals which indirectly helps them achieve their goals. This healthy and complementary relationship keeps adding value to the organizational efforts and achievements. The prominence of human relations school has proven that satisfied and happy employees would be more productive and result oriented. However many times organizations have focused more on customers and clients than employees which has its own wells and ills. But for visioning sustainable competitive advantage and to be a successful player in the long run, organizations have to start believing in prioritizing the focus on employees rather than customers. Recen