Hi Friends,

Even as I launch this today ( my 80th Birthday ), I realize that there is yet so much to say and do. There is just no time to look back, no time to wonder,"Will anyone read these pages?"

With regards,
Hemen Parekh
27 June 2013

Now as I approach my 90th birthday ( 27 June 2023 ) , I invite you to visit my Digital Avatar ( www.hemenparekh.ai ) – and continue chatting with me , even when I am no more here physically

Wednesday 6 March 2013

Thought for Today


Dear Team

A few days back , I came across following quote in Eco Times :
“ If you do everything you are asked to do, and you do it well, you get a C. In order to be a superstar, [ to get an A or A+ ], you have to do things that nobody asked you to do
---  Vivek Ranadive [ CEO, Tibco Software / Author : Two Second Advantage ]
The article goes on to say :
“ Last year , Ranadive sacked his America Sales Chief despite the Palo Alto, California-based infrastructure-software provider surpassing market expectations.”
Some years back , when Jack Welch was CEO of General Electric , he had laid down following rules for his Divisional Managers :
Ø If you cannot be either no 1 or no 2 in your business , get out of that business

Ø Every year sack the bottom 10 percentile ( by way of performance ) of your employees

Danger is , coming from industry leaders ( such as Ranadive / Welch ) , such statements are blindly accepted as Gospel Truth !

Problem with most companies is :

Ø Bosses seldom clearly / unambiguously spell out , what they “ Expect “ from their subordinates during the course of the budget-year , by way of measurable “ Achievements “

Ø There is rarely in place , an “ independent “ mechanism ( like Finance Manager ? ) , to continuously “ measure “ the actual achievements ( against targets set in advance , at the beginning of the year ) , and publish the “ Deviations / Variances “ for ALL to see transparently

Ø Year-end “ Performance Appraisal “ exercise , degenerates into a match of , : In Boss’s opinion Vs In subordinate’s opinion “

Why ?

Because many “ Activities “ being carried out by employees are NOT measurable in terms of “ Measurable Achievements “ !
There are always many activities of certain individuals ( that must be undertaken for smooth performance by the others ) which cannot be measured in terms of , Sales Turnover / Orders Booked / Billing done / Costs reduced , etc

In my opinion , in any given organization , there are only very few employees , whose performances can be measured Quantitatively
And , in turn , they depend upon timely assistance of many others to be able to do their jobs

But don’t fall back on my arguments to take the easy path out , viz:
How can I fix targets for Receptionist / Office Assistants / Administrators  etc ?
Prepare a list of ALL their repetitive activities and  list day wise / week wise / month wise etc
Paste this in front of his / her desk and tick whether done ( in that week or month ) or not
Some 50 years back , when I was Production Engineer in the Switchgear factory of L&T , I had prepared such “ Lists “ ( Department wise ) and called these ,
ACRA ( Annual Calendar of Repetitive Activities )
Then pasted these ACRAs on the notice boards of each department , for everyone to see
And made Department Head responsible for simply ticking whether that activity got done ( or not ) in that particular week / month
With such ACRA staring in your face every day , employees looked up what was expected to be completed , not only during THIS week but also during the NEXT week or NEXT month !
This had a remarkable impact on getting things done on time !
Unfortunately MBA does not teach you the fundamental principle of SUCCESS in any project / activity / enterprise, viz:
Against a time-line , make a list of things to do !

hcp
  

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