Showing posts with label Business and Economy. Show all posts
Showing posts with label Business and Economy. Show all posts

Sunday, March 15, 2009

Actions Speak Louder Than Words

This post discusses the case study, First Among Equals.

It doesn't matter what you say. What matter sis what you do in the first few months of your new job as MD.

Speech does not work. Actions do.

Here's what I recommend:

1) List out your management techniques (some call it principles).
2) List out your job description.
3) Map your job job description to the principles.
4) If there is no match in some cases, either modify the job description or add techniques.
5) Stick to the techniques, but keep your eyes open to see what is working and what is not. (Caution: Be flexible to change, but do not change your techniques too often)


What?
You do not have a set technique / principle?
How did you become an MD then?

Wednesday, December 3, 2008

Interfering Head Quality

The Quality Head of your company used to be a good technical person. Some time ago, he chose to move to the quality department as part of a reorganisation. However, old habits die hard. Every once in a while the desire to contribute technically resurfaces. The opportunities are always present. While doing a quality audit, he branches off into technical details and at the end of the hour-long audit he ends up changing the design or shredding the requirement or modifying the code. Your technical staff have been complaining, but you let it pass since this guy has immense experience and any technical suggestion cannot be taken lightly. But now it has come to a head. Your technical team has refused to submit to be audited by him. While you do not want to lose out on his experience, the work must go on.

What do you do?

What do you do?

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Tuesday, December 2, 2008

Diversify Or Not

SACC is a 5-year old company. It serves a very focused hi-tech domain and has developed expertise over this domain. However, the domain is growth-constrained. Growth is certain but slow. Due to lack of rapid growth, you are unable to retain your employees. You see an opportunity to grow in a related field when the present financial crisis hits you. The credit required for branching out has become expensive and the customer assures of you of work but is not willing to commit. The employee turnover also has reduced due to the crisis. So the near term problem is resolved; but in long term you know that you need to diversify. But without a customer in hand you do not wish to invest now. Not acting immediately may haunt you when the present financial crisis disappears.

What do you do?

What do you do?