MyTake

All of us have an inherent desire to live happy life. Organisations help us achieve our individual goals whereby contributing towards making employees happy. Finance, Marketing and Production are identified as the key functional areas of management and are considered as line function. However HR is traditionally considered as staff function. Though without people, no organisation can ever function, yet their participation in key strategic decisions of the firm is not welcomed. That has caused much harm to organizations and modern day organizations have started realising this which is visible in their overall strategies. Volumes of literature is created on the premise of productive worker, happy worker transformation. It has also driven the academia to explore happy worker, productive worker relationship. Whatever be the case the spillover is evidenced in many organizations which are thriving by putting people first. It is in this context that organizations have to devise appropriat...

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, ...

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. ...

The future has always been there. Today shall be past tomorrow and history shall determine the future. So the future can never be isolated with the past or present. Future is here and we are deliberating on the nature of the future and the expectations of today's generation for staying alive, relevant and sustain in changing and challenging times. Yes the future is going to be different than the present as it has always been. The only thing which is important in this context is - whether we are prepared to face the future or are we putting efforts to develop systems, structures and styles that would successfully deal with future. Do we need to be effective or efficient in order to perform at the front to face the challenge or we can afford to allow the mighty to fall. The trend shows that the future is going to be more technology driven and the speed shall decide the future of an organisation. Economies of speed shall spearhead organizational performance. Artificial Intelli...

Organizations have to chart out strategies in order to respond to competitive forces. Strategy is nothing but a game-plan. The intention is to put forth full potential and come out with flying colors and to win the game following the system, rules and procedures of the game. Competition is a prerequisite for strategy and in the VUCA times it has become further challenging to compete. The belief that competition is with the external forces drives the organization to target only external parties or rivals. Surprisingly organizations have to learn to manage the competition from within and with the situation with more rigor and responsibility. And that is where leadership becomes key. The whole science of game theory provide a guide to a leader to follow the principles of sports in order to make effective decision. The whole premise of team-building is built on the principles of work satisfaction. One enjoys doing what one does. It allows one to put across full strength to a...

Lexical semantics of ‘Ethical Leadership’ drives me to believe that the very activity of leading should be ethical. Ethics are generally accepted moral principles to be followed by individual/s. Leadership as such is a group activity but ethics have to be followed by individuals. The broader message that I get from these two words is that the leaders should follow moral principles and thereby expound their discourses through ethical practices. So ethics have an important role to play in the behavior of a leader and in the whole process of leadership. We need to look beyond just lexical semantics and explore as to the role of ethics in leadership. Success or failure of an organization depend on the person who leads it. It is a general belief that an organization has three types of people working for it - 10% belong to the category of hard working group (highly committed employees) and 10% belong to hardly working group (laid-back employees) and remaining 80% follow the leader (Co...

The existence of organization, big or small, state owned or privately owned, profit making or non-profit making, is initiated with some purpose in mind and in that direction objectives are outlined. The organizational activities are designed and the task to perform those activities is assigned to the employees or workers as the case may be. The performance is evaluated from the perspective of organizational objectives. During the course of its operation, the organization at times faces competition from other organizations or with past performance or with situation. These forces of competition compel the organization to draft winning strategies so that each one of them can perform better than the other. And this is what keeps an organization on toes and organizations keep surviving like this for years. Just like human beings. The human life keep facing challenges, ups and downs throughout and this is what makes life interesting as well as worth living.  Individuals perform t...

The other day one of our friends (seeing me spending more time at the university department) commented - 'Is University giving you some more salary' . I responded to his comment to the best of my ability and as per my personal thinking on 'work'. However later in the day I thought why he commented like that. Further it also kept me engaged in my thoughts throughout the day as to the basic premise of why do really people work. And with this motivation in mind I started searching for the answer as a student of organizational behavior. Organizations are established in order to achieve organizational goal/s. As it is almost impossible for an individual to fulfill his/her individual goal, he/she joins an organisation. And if there is no such organization which can help an individual in achieving the goal, one starts an organization oneself. So what is clear is that individuals join organisations in order to achieve their individual goals. While individuals work in the o...