Total Pageviews

Saturday 29 June 2013

Dhan Dhana Dhan Dhan …Karenge GOAL!!


          Tick Tock Tick..! The clock struck two and thus began our fourth session of Principles of Organization Management (POM), albeit with a change. This time we were asked to shift our chairs towards the blackboard. A goal is a desired (personal or organizational) result a person envisions, plans and commits to achieve. A goal can be long-term or short-term. The primary difference is the time required to achieve them. As they say that, ‘well begun is half done’, setting a goal becomes all the more important. Imagining walking during a dark night in a dense forest, Goal setting lightens up the path for us in such a forest. It gives us a clear idea as what needs to be achieved and how. A person without set goals is like a blindfolded warrior. He may be very talented and enthusiastic but the chances of him succeeding are drastically reduced.


          But Goal setting doesn’t involve only knowing what needs to be done, it consists of many factors. We were told about the importance of setting SMART goals. SMART is an acronym that stands for Specific, Measurable, Attainable, Realistic and Time-bound. Students then came up with different words for each of the five letters of the word ‘SMART’ and found that how the same thing can be interpreted in numerous ways.
  1. Specific: Should describe exactly what one wants to achieve in a particular task and up to what extent. It should answer questions like ‘what, which, who, where, when and why’.
  2. Measurable: We should be able to track the progress and measure the outcome of a particular task. It should answer questions such as ‘how much or how many’.
  3. Attainable: A good goal should be set in such a way that it can be reached at with the use of available resources and in within the allotted in time.
  4. Realistic: The objective shouldn’t be so difficult that it becomes impossible to achieve it nor should it be so easy that we aren’t made to stretch our limits. At the same time, the objective should be pertinent to our business.
  5. Time-bound: The goal should be such that a certain time limit is kept. It should answer the question ‘by when’.
           
          Also, it is important is to keep tracking the progress of a particular task from time to time, keep taking feedback from the people concerned to know if everything is going as per plan and if any changes are required, to complete the task by making the optimum use of available resources. We learned how we need to keep pushing ourselves to go bigger and better at everything that we put our mind to. It is only through this way, that we can realize our full potential. Historical data is helpful to know if our goal is realistic or not, but only to a certain extent. Whenever we plan to do anything, we set a target/goal that we need to achieve. In order to have an inkling about our goal, we have a look at similar goals which were set and achieved in the past. We thus get a decent idea of the extent to which we can think of going to. For our reference, we keep this past record/history as the lower limit. Then, we try to decide the level of our goal that we need to achieve.

          Lets take an example of a cricket match. For a team like India, batting first at Wankhede, it will look at the past performances of the teams that have batted first. Lets say, the average score of a team batting first at Wankhede is 280. Now, we as a team, have to set our goal that is higher than the past record. Records are meant to be broken and if we limit our goal to the past maximum, then we are doing injustice to our potential. So a goal should be set very high, so much so that when we actually achieve our goal, it isn't at the same level as the goal that we had set out to achieve. However, this doesn't mean that we over-promise and under-achieve. To our customers/superiors, we should give a fair idea of what's in store, but on a personal note, we should try to fly as high as possible. Finally, we must understand that we all have infinite potential and it's just a matter of pushing ourselves to surpass our boundaries. Thus, we arrive at the following graph, which clearly shows how the output goes on increasing from Historical Goal --> Goal Achieved --> our Potential and finally --> the Goal that we had Set.


          We also learned about the Pygmalion effect. The Pygmalion effect is the phenomenon in which the greater the expectation placed upon people, the better they perform. It also has an interesting story attached to it. Pygmalion was a sculptor who lived in Cyprus. Women who lived on Cyprus didn't stay virtuous, so Pygmalion decided to live alone and made a perfect sculpture, Galatea. During the Aphrodite feast, thanks to Pygmalion`s prayers, the sculpture turned into a real person. This was called The Pygmalion effect. The Pygmalion effect shows that if we want something enough, we'll get it.


          The Pygmalion effect is also an important instrument in Management theory. It makes managers be aware, that the success of their employees depends not only on qualification, personal qualities or working environment. Manager always has to believe in his people and expect them to achieve the best results. In such case the subordinates will always feel this trust and demonstrate their best skills and abilities in their work. Thus, we can conclude that Goal setting and motivation (expectation) are two indispensable parameters, with which the desired result can be achieved.

Personal experience:

          There was this one incident, while working in Infosys, when I was told to design a 'knowledge meter' for an application. I was not too eager in doing it, as I already had many tasks to take care of. And on top of it, this new task required me to learn something totally new within a specified time. Planning my time efficiently so as to make sure that everything was taken care of, was in itself a huge task. But then, my manager took me into confidence and told me how much the completion of the meter on time meant to him. He entrusted his confidence in me and told me that I was the one who could pull it off.

          Though it sounded all sugar-coated to me but those words were indeed coming from his heart. I liked the fact that I was entrusted with a responsibility and that there is a certain amount of expectation from me. Naturally, I did not want to disappoint anybody. So I went ahead with full steam, keeping in mind the SMART way of achieving the goal and ensured the completion of all tasks, the foremost being the knowledge meter. Since the task was clearly outlined to me, it was specific, it was realistic provided I gave my 100% and was time-bound as I was expected to complete the job within a specified time. The Pygmalion effect did work for me. And boy, what a satisfaction. And the way my manager's face lit up when I told him about it, made my day!

Friday 21 June 2013

The 'Learning' Tower of NITIE...


          The feisty Professor entered the class with the same sprite as that of his first lecture. And thus began the second lecture of Prof. T. Prasad. We were asked to make ourselves comfortable on the floor, and we happily obliged. He introduced us to the next activity of POM i.e. to make a pillar with small cubes in such a way that the only a single cube can be placed over the other single cube. The idea behind the activity was to understand the difference between the old and the new styles of management.



Part 1:
Here only one person is involved. He/she needs to build the tower on his/her own, without any help from anyone.

Part 2:

Here two persons will are allowed to build the tower, wherein one of them will actually place blocks over one another and the second person will direct him with the same.

          To make this exercise more amusing, Professor asked the volunteers to bid an amount before they started building the tower. Whoever bid the highest was called upon the dais to build the tower. The catch was that if the bidder didn't stick to the number of blocks that he had said he would build, would have to forgo the money that he had bid. And then the game began. The person from Part-1, started building the tower, with intermittent ooohs and aaahs from the eager crowd. He was successful in putting together a tower of 22 blocks. A commendable job indeed. All of us thought that the team from Part-2 won't be able to reach even near 22 blocks. But, as they say, 'Cricket aur NITIE mein kuch bhi ho sakta hai', the team was able to build a tower of 24 blocks.



Following are the things that we learned in the lecture about the New and the Old School of Management

Parameter
New School Of Management
Old School Of Management
Work
Here two people are assigned the work, with one of them physically doing the work and the second person guiding the first one on how to do it properly
Only one person does the entire work
Skill
Since, two people are doing the job, low skill is required from each person as compared to a single person doing the job
A person with high skill level is required to do the job
Division of Work
The technical and the functional work are separated
The burden of the entire work is on a single person
Innovation
Better Innovation, since two people are involved
Innovation might not be at par with that of New School of Management since only one person is involved
Productivity
High
Low

                We can thus, from the above table, clearly see that the New School of Management is better than the Old School of Management in terms of Work, Skill, Division of Work, Innovation and Productivity.

Tuesday 18 June 2013

The new world of NITIE...

            I had just had lunch. Realized that I was getting late. Hurriedly climbed a mini-hill of 96 steps while it was raining all along. Heaved a sigh of relief that I wasn't late to the class. The clock struck 2:00 in the afternoon. A gentleman entered the class with an aura that spoke of experience and fun. We were called in front of the class and were asked to sit on the floor, we obliged albeit with a bit of a surprise. And then began, a 2 hour session on how we can make the most of our stay here in NITIE.




           The session started with Mr. T. Prasad, our Professor for Principles of Organization and Management, asking us for any questions that we had for him. There was some hesitancy at first but soon the Professor was bombarded with questions. We got to know about Mandi, a one-day event in NITIE that generates an astounding 10 lakhs, which is donated to an NGO. We all were excited to know what sort of products do NITIEians sell, which makes them garner around 10 lakh Rupees in a day. My mind was pointing out to different things. And then, when Professor actually told us that the things which are sold are nothing but toys, we were baffled. But wait a minute, this simplicity is only on the surface, the toys are in fact products of brilliance.  He went on to show us the following different toys:
                     
             The Squeeze Ball                                                                   The butterfly                                        


                                                            Newton's craddle                                 

           People started giving all the more attention when he stressed on how we can earn while we learn. 'Earning while Learning' was the biggest take-away from the lecture. The sense of humor of Prof. Mandi (as our POM Professor is fondly called) ensured that there wasn't a dull moment in the class. One-liners like the following kept us in splits and also helped us contemplate on the things that we actually need to do in NITIE.

Socho ...Becho!  Becho ...Seekho!   Seekho ...Socho!




Aaj ki roti ...Aaj hee kamayenge!


           In the Marketing Management-I, I got to learn that a delighted customer is the one who gets more than what the customer had desired for. Now, I am feeling like one. This is howthe first lecture of Prof. Mandi panned out. Thanks to Prof. T. Prasad that I could atleast begin creating my blog. Will keep coming out with more blogs. Till then, adios.!