Sunday, July 13, 2008

Performance Appraisals.

Hope you have gone through Gomez book on the topic of performance management...
Did you observe how your organization is doing mistakes in the approval process?
Atleast this is my impression from my organization:
Most of my performance appraisals happened thru bias..hardly ever through achievements.
Statistics: Only 2 out of 8 projects I have worked on, are actually successful, seen the customer.
But, I am consistently rated as outstanding...
What are your views?

Wednesday, June 4, 2008

Batch allocations for 1st batch are out

Got a mail and the list of students in the first batch. Here is the list:



Seshadrinath Hariharan
Kiran L Kurwade
Satvika Das
Abhishek Vyas
Niraj Chawla
Pavan Chhabra
Vineet Rajpal
shaalu gupta
NIKHIL GANDHI
Shalini Kapoor
Smriti Kalra
Mohsin Khan
Akshay Gupta
Sony Phogat
Ms. SHALU
Rajesh Narayanan
Harsh Mundel
BHARAT VERMA
Vikash Sharma
Navdeep Sharma
Devindra Sharma
Anshuman Sengupta
Tushar Anil Vani
Sourabh Ajay Sharma
eldo kuriakosi
Pushkar Abmaye
E RAKESH
Rajiv Chaudhuri
Harish Gupta
Alpesh Patel
Ok Sharma

Enjoy.

Monday, June 2, 2008

Original post:

'' Think Simply, Think Effectively ''


Case 1 (The famous one!!!!)

When NASA began the launch of astronauts into space, they found out that the pens wouldn't work at zero gravity (ink won't flow down to the writing surface). To solve this problem, it took them one decade and $12 million. They developed a pen that worked at zero gravity, upside down, underwater, in practically any surface including crystal and in a temperature range from below freezing to over 300 degrees C.
And what did the Russians do...?? They used a pencil.....!!!!!!

Case 2

One of the most memorable case studies on Japanese management was the Case of the empty soap box, which happened in one of Japan 's biggest Cosmetics companies. The company received a complaint that a consumer had bought a soap box that was empty. Immediately the authorities isolated the problem to the assembly line, which transported all the packaged boxes of soap to the delivery department. For some reason, one soap box went through the assembly line empty. Management asked its engineers to solve the problem. Post-haste, the engineers worked hard to devise an X-ray machine with high-resolution monitors manned by two people to watch all the soap boxes that passed through the line to make sure they were not empty. No doubt, they worked hard and they worked fast but they spent a whopping amount to do so. But when a rank-and-file employee in a small company was posed with the same problem, he did not get into complications of X-rays, etc., but instead came out with another solution. He bought a strong industrial electric fan and pointed it at the assembly line. He switched the fan on, and as each soap box passed the fan, it simply blew the empty boxes out of the line.

Phani's comments:

My version of this is a bit different. Solutions should depend on the customers needs, or customer's intentions, or what is appropriate to the customer, and you should always try to maximize the profits and minimize the expenditure (in what ever means). That definitely require optimizations, efficiency etc...

Does not necessarily mean that simple solutions always work, neither complex solutions always work.

I give a case study from my own work.

I work with Network management solutions. One of our customer who is ready to spend decent money, asked for extreme automation of the process. When network faults occur in the network, it requires correlations to be performed to find out the root cause etc...
This customer was from Europrean country.

But one customer from our neighbour country (Bangladesh), asked us to only allow him to see the network faults in an application, in precise time. He did not want any kind of root cause analysis (as we were asking more money for that feature), but he used his fleet of people (low cost workforce in that country anyway) to go to the site, findout the root cause with testing at the site (instead of in software). They are okay with that solution, they were very happy with that.

Bottom line: Maximize the profit, minimize the expenditure, deliver the solution as per the requirement of the customer. Simple solutions may not always work for everybody.

Friday, May 23, 2008

What is the purpose of this group

This group is formed for/by all students of Global Business Management program of IIM Calcutta. The purpose of this blog is to discuss, present, share and propose various ideas in the field of management study, and coming out of all those budding enterprenuers.

Those ideas can be anything related to anything under the broad area of management field about business, strategies, investments, wealth creation, effective leadership, and what not.....

What is the way?

Somebody said Management education is not about books, but case studies.
We can learn a lot by going through case studies, in addition to other study material.

I feel one limitation in this is that as part of obligations to the organizations where we are working, we can't tell, or discuss anything pertaining to our own organization in public.

Any wayout?

Thursday, May 22, 2008

Welcom to the epgbm group

This is to invite all the friends and classmates to general and specific discussions anything related to management study, practice, anticipations, views, information sharing ..... it is a free field here.

Sincre request though: Please try to avoid any unethical statements which may hurt individuals, or groups, and let us enjoy this freedom of expression and idea sharing here