No matter what they speak every decision is based on the profit/result/benefit of the company and rightly so. Even if a company is established without profit as its priorities would seize to stay in the long run considering the amount of competion and the choice available to consumers. Hence the company has to maximize profits with what every customers they could get which meant a small raise in prices and decrease in the cost would increase the margin of profit. The reduction of costs would mean reduction in captial which would effect the raw material and labour costs. Since the raw material cant be reduced in size and quality this reduction in capital would impact the labour costs which is exactly where the employee comes in. Reduction in labour costs meant lesser hikes and expecting better performances out of them all the time. This leverages the amount spent on labour. Since perks are a priority for an employee it leads to attrition.
Wednesday, 11 April 2012
Monday, 2 April 2012
Mistakes and learnings in the last year/couple of years.
All these years of my academic career I have been an avg/above avg performer and once in a while wondered what it takes to achieve excellence.Thanks to some of the myths this always remained a secret to me. I always used to think how can a person enjoy his life so much and even then excell in studies so much and decided that it is his talent that makes him successful and since I have always felt that I am not a genius(i still believe now) and hence had the job of clapping for some one else most of the time.
And these two years in chennai and a couple of years eariler I tried to compete at the highest level and failed most of the times and the suceess which everyone wants has eluded me.
But on reading a wonderfull book and noticing a few ppl who have excelled in various walks of life I have realised a pattern that most of them follow.
All these years I have noticed that the ppl who have succeeded have always loved what they did and not because of some one else's opinion.
So the result orientation which has been the way of life for a long time will not work and patience is necessary.
Preparation has two parts viz., planning and execution. The planning is something which has to be done based on the real senario considering all the things that might come up, the odds against and should give a clear picture of what needs to be done and at the same time should give flexibility to the target achieved which gives space to any unplanned activity which might creep in. Execution is as important as planning as without execution no matter how good a plan is, is a waste. So while executing the plan which has taken into consideration all the odds should be stuck at all costs and failing to execute in a good percentage of the targets will result in a result which is not good enough!
Cheers!
And these two years in chennai and a couple of years eariler I tried to compete at the highest level and failed most of the times and the suceess which everyone wants has eluded me.
But on reading a wonderfull book and noticing a few ppl who have excelled in various walks of life I have realised a pattern that most of them follow.
- The achievers did what they did for the right reasons.
All these years I have noticed that the ppl who have succeeded have always loved what they did and not because of some one else's opinion.
- Even though any pursuit is to reach a destination doing something and expecting a result can cause problems.
So the result orientation which has been the way of life for a long time will not work and patience is necessary.
- A humanbody and mind has a limit of its own.
- The attitude.
- Preparation
Preparation has two parts viz., planning and execution. The planning is something which has to be done based on the real senario considering all the things that might come up, the odds against and should give a clear picture of what needs to be done and at the same time should give flexibility to the target achieved which gives space to any unplanned activity which might creep in. Execution is as important as planning as without execution no matter how good a plan is, is a waste. So while executing the plan which has taken into consideration all the odds should be stuck at all costs and failing to execute in a good percentage of the targets will result in a result which is not good enough!
Cheers!
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