BLOGGING IS EXPRESSING ONESELF

It is really sad that in IT companies which was once the sunrise sector of Indian Economy and there was always a demand for employees today the situation is grim. Everyday we are reading in various Blogs and news on the Internet and hearing on the news channels about people being asked to go on ground of poor performance and skill set issue or non availability of Visas etc. There are also news about how employees have forgotten to code as they became Managers and new languages were not learned by them resulting in they becoming irrelevant when the automation and artificial intelligence is able to do scheduling as well as monitor productivity . Similarly some if the quality audit and other work can also be automated. But still these people can be re trained and absorbed in production . So out of curiosity I checked the headlines about the three biggest Indian corporations and what I found was that while Wipro & Infosys are asking employees to leave TCS ha...

KPIs The KPIs or the Key Performance Indicators should be defined for measuring the performance of a team or a division or the company against some benchmark  The benchmark can be the industry benchmark or the company's other location benchmark How should we define KPIs KPIS should be defined as a product or result of dividing two components of business elements and we should not make it too derivative as then the reason for non conformity with the benchmark may be sometimes compensating resulting in no benefit of measurement All KPIs must be measured on same units . So for example all Financial KPIs must be measured as Million and not some as Million and some as Billion . The KPIs must  have a range for Very Good , Good , Fair and Bad Identify KPIs to use and Number of KPIs There are hundreds of KPIs defined and we need to chose the most relevant ones to focus on depending on the stage that we are in , the industry and our financial condition and g...

WHAT IS THE OBJECTIVE OF THE PROMOTER FOR HIRING PROFESSIONALS TO RUN THE COMPANY AND HANDOVER THE MANAGEMENT TO RUN THE DAY TO DAY AFFAIRS For running any organization and growing it over a period of time we need customers, finance, business ideas and management time and different types of skill sets. For any human being it is practically not possible to have all skill sets and the time to deploy those skill sets continuously with the same intensity and in fact more effectiveness as the time passes and the business that he started grows with time. So what alternative he has if he has a drive to make his business still keep on growing during his life time and even for generations after that? The only way to create a perpetually existing and BUILT TO LAST company to create a strong Business Code of Conduct , A Vision for the company and find a professional management who not only has the ability to run and the grow the company in the best possible manner but also find ...

Postal, express, and parcel services providers are facing rapid changes in the markets from a broad range of industry trends, including e-substitution, e-commerce, globalization, regulation, and innovation. In these times  there are few differentiator apart from the size , operations , assets , employees  that might take one of the existing company in 10 or 20 years double its market share  or a  new entrant coming and taking market share form the top ones and establishing itself as a  new  player . Some of those are as follows 1. Flexibility : One of the most important factor in my views is to be flexible in terms of service that the customer needs . By being flexible is the need to provide a customized solution which can be Sending parcels through express mode on various delivery terms , through freight forwarding mode ( may be both air and ocean ) , option of store in custom bonded warehouses and deliver as per the order assumin...

MANAGEMENT INFORMATION SYSTEM (MIS) In order to review the performance of the business there is a system of reviewing various performance summaries which gives indication about the performance and if the same is not as per the standard the reasons for the same are identified and an ACTION PLAN with TIMELINES is made for bringing it as per the plan.  1 .Key Performance Indicators ( KPIs) : Every business has some operating parameters which are unique to the industry in which it operates and these along with other common financial and non financial parameters are known as KPIs . The standards for the same are generally benchmarked to have a target . Example In case of Airline Industry there are some Industry Specific indicators Financial a ) Passenger Load Factor b)  Revenue Per Available Seat c ) Fuel Cost to Net Revenue Cost Safety Fatality Reportable Dangerous Occurrence Reportable Occupational Illness / Disease 2. Daily Reports on Pro...