Tuesday, 9 September 2014

You are As Good as Your Boss!

In most leadership discussions, we all emphasize on team building and a motivated environment. Why? Because a leader is as good as his/her team that s/he leads. What is, however, somehow brushed under the carpet, is that a subordinate is as good as his/her boss. And that begs the question, ‘Is your boss among those who can build you as a leader?

Building leaders is one of the most important leadership tenets and yet this is somehow seen to be the prerogative of the HR department in most organizations. Not surprisingly, many ‘so-called leaders’ these days are more focused on making themselves indispensable – so, while many of them ‘feel’ that they are encouraging and fostering leaders, most of their team members feel otherwise. Irony!

To reflect a bit more in-depth into this topic, is it a fact that an employee is as good as his/her boss? All bosses are subordinates too so if your boss has a limited perspective, if your boss is not assertive, if your boss is not influential, if your boss is struggling to grow himself in the organization while you are wildly ambitious, where does that put you? I will put it mildly – you need to change your boss.

Looking back, throughout my corporate career I have been lucky to have had bosses who have been influential and resourceful (except maybe once!). And hence I was lucky that I got the needed visibility, exposure and opportunities throughout my career. Imagine what a leg-up that is in the corporate ladder!

Have you ever felt that your peer has surged ahead in the career graph because s/he had a better (read more influential) boss? Well, you are not alone!

If you are ambitious and your boss is not, if you are committed and your boss is not, if you are politically savvy and your boss is not, if you know your way around an organization and your boss does not, rest assured that your boss-subordinate relationship will not last for long. I have seen too many casualties in the corporate battleground just because the subordinates’ ambitions conflicted with those of the boss.

So, how does one handle such situations?

Rule #1: When in the boss’ playground, play by the boss’ rules. What that means is that as long as you are in your boss’ team, ensure that you treat your boss as the captain. You have to keep him fully updated, you have to ensure you DONOT bypass him. Even when you are tempted to redefine the playground boundaries, DONOT do it unless your boss approves

Rule #2: Define your own boundaries within the playground. What that means is be absolutely clear about what is and can be expected from you, what will ensure your next promotion, what you will and will not do. Ensure you have defined your own goals as objectively as possible to leave room for no ambiguity.

Rule#3: Find a mentor. These days most organizations have a buddy—mentor scheme. If a mentor has not been assigned to you already, do ensure you find a mentor within the organization. A mentor is somebody who knows your work, who will readily vouch for you and who is ready to guide you. A good mentor is one who is already successful in the organization, knows her/his way around, is a leader who you aspire to be and who is either your boss’ peer or your boss’ superior in the organization structure.

Rule #4: Look out for a move. It is a given that this relationship is not a long lasting one and given your basic ideological conflicts, the longer you spend in this playground, the more conflicts you will have with yourself and with your boss. Ensure your boss is aware of your motives, so s/he can help with the same (easier said than done? Actually, a good boss will know when to let go a good performer who has begun to outgrow him!). So, what if you like this playground and your teammates and your captain? Ask yourself, what is of higher priority for you - Playing in the playground you like or playing for the captain who can make you a captain some day!

Bottomline, your growth in any organization is limited by your boss’ capabilities and his perspectives. And it is entirely upto you to take your career in your own hands. What are you waiting for?

Friday, 29 August 2014

The Happiness Mantra

The other day I read an article on how to achieve true happiness all the time – make your inner side/feelings reflect the outside. Easier said than done?
Actually, I do come across people who ask me how to be happy all the time. Now, imagine if you are happy all the time? You would probably start craving for times of depression! Isn’t that the law of nature? We always will crave for something that we donot have – the grass on the other side, the neighbor’s wife, the colleague’s salary, the celebrity’s house, the online friend’s country and the list goes on….

Well then you might ask, ‘Does this mean happiness is something we should not strive for?’ Actually, let’s stop striving and start arriving – what that means is let’s learn the concept of acceptance. If we are happy, we are happy – let’s acknowledge and accept and celebrate and move on without being too attached to it. Please donot misconstrue the phrase ‘without being too attached to it’. It does not mean that we take happiness with a pinch of salt and be skeptical about it. Instead, what this means is that we embrace happiness completely, enjoy it completely without inhibitions and then move on with satisfaction. Look at it with positivity (‘What a wonderful time it was’) rather than negativity (‘Why does it not last forever?’)

Recently, I participated in an event with really close friends and we ended the evening on such a satisfactory note that we did not want the evening to end and somebody said ‘Wish we could capture this moment and store it somewhere, so we could come back to this moment again and again whenever we want’. Have you ever felt this way? A fantastic business performance in a particular FY and the Chief Sales Officer remarked 'Wish we could have this kind of performance and fantastic team spirit at all times! An 8 year old kid once told me that she wished she could freeze time so that she and her parents could live in that happy moment all the time!

What do you notice about this?

And it is always inevitable that as we move through life, our flavors of happiness keep changing and sometime later we stumble upon the same intensity of happiness or even more in another form and shape and flavor. So, bottom line, every corner we turn, there could be happiness waiting for us and it is upto us whether we are still thinking about the happiness we left in the last corner and fail to recognize the happiness waiting in THIS corner.

This similarly happened to me after 3 weeks of a splendid holiday where my sister and her daughter came over from the US and we did not want the days to end. And when it was time to say goodbye, it was heart-breaking. And we had to move on and we did. I recognized I was on the arm of 'Melancholy' and she was showing me the dark sights but 'Happiness' was also standing right there in the form of memories.

As my 6 year old niece said wisely after returning to the US ‘We are here physically but our hearts are still in India. Hearts are coming on the next flight and will be here day after tomorrow’. In her simplicity, she accepted the fact that she will be without her heart for the next 2 days and after that she will have her heart back.

Acceptance is such a powerful tool to help us recognize where we are standing and where we want to be. In the example above, I greeted 'Happiness', spent some time with her and then bade her goodbye and took the arm of 'Melancholy’ and started walking. However, ‘Happiness’ was waiting just as I turned the corner in the form of some excellent references from my clients. I was torn between leaving the arm of 'Melancholy' and taking the arm of 'Happiness', which I did and seeing me with Happiness, Melancholy slowly faded away (remember, three is a crowd?).

What this means is we will keep meeting Happiness, Melancholy, Joy, Hurt and others at various times while we traverse the path of life – it is just about acknowledging them, greeting them and never being attached to them forever. If we feel attached to somebody for a long time, it is time to ask the question – ‘What did I miss on the way?’ This is one place where loyalty is not a necessity, but just a recognition....

Monday, 28 July 2014

How a Penalty Shootout is equivalent to Public Speaking

With the just concluded soccer world cup in Brazil, it just seems right to look at Penalty Shootouts a little more deeply.

It is a foregone conclusion that winning a soccer game through a penalty shootout is more psychological than technical, though many still call it ‘luck’. While individual players are quite successful in hitting penalty shots in the middle of a game, if a penalty is awarded, the same player can ‘choke’ when taking a shot in the penalty shootout that determines the outcome of the game. Consider that England has never won a penalty shootout at the World Cup. 

In the quarter-final match between Costa Rica and Netherlands, Dutch coach Louis van Gaal sent the taller Krul in as a last-minute substitute for starting goalkeeper Jasper Cillessen just moments before the shootout.
Some spectators may have thought this was because Krul had been stronger in the shootout scenario but British journalist & author of the 2001 book On Penalties, Andrew Anthony told CBC News that van Gaal wanted to get to the Costa Ricans psychologically, by getting Krul to fill "the space as much as possible with his physical presence, and clearly it worked."

So, Why am I speaking about penalties while considering public speaking? (And here public speaking does not mean giving a speech to hordes of people....it could even be addressing a meeting or making a presentation or being on stage for a talk). What is the commonality between a penalty shoot-out and public speaking? Anxiety is one of them and lots more….Read on to find out.

According to Andrew Anthony, author of the 2001 book "On Penalties", the shootout is about "the drama of decision-making."
"It all comes down to that moment as you walk from the centre circle to the penalty spot", which is the walk that players have to do. "You are walking down a kind of corridor of truth."
He notes, "Life often comes down to these dramatic moments of decision-making, although usually not watched by a billion people around the world."

When you are preparing to go out to the podium for a public speech or a presentation to a group of people where the outcome is very important for you, have you ever thought, ‘I have to nail this’ and then you start thinking about how to do that – whether your opening line needs more punch, what if people donot respond, what if somebody asks a question that you cannot answer etc etc. So, at that moment, while you are deciding how to nail it, you are already setting yourself up for failure.

"Anxiety is the most significant contributing factor to performance failure in football penalty shootouts" according to an Expert Statement on the Psychological Preparation for Football Penalty Shootouts, a paper prepared for the British Association of Sport and Exercise Sciences in 2013.
The penalty shootout is one of the few occasions in the game when players “have sufficient time to think about the consequences of failure”.

So, in those crucial minutes before the actual performance, getting into that mind space where we allow our bodies to instinctively react rather than allow our mind to dictate, is very important.

How does a football player practice for a penalty shootout? Anthony advises players to have in mind before the referee blows the whistle, where they are going to kick the ball. "Whatever you decide, you should stick to that and not change it." When they try to second-guess the goalkeeper, that's when they come undone.
"You've got to practice, you've got to have it as part of your muscle memory exactly where you are going to put the ball."

Basically, what this says is for the players to ignore the goalkeeper completely (who is bouncing about and also sledging and heckling, by the way) and focus on that one spot where he has practised hitting. Allow his muscle memory to take over and not his mind.

What about a public speaker? Likewise, practice your speech again and again and again and once more. You have to create your muscle memory first unless you have done this multiple times already before.
Have you ever thought ‘I will see how the audience reacts and I will change my game plan accordingly?' Wrong.
It is just like the football player thinking I will see which way the goal-keeper goes and then shoot, which never works. That will only increase the ‘anxiety’ – focus on the game plan that you have practised. Focus on ONE person in the audience and speak to that person as if you are having a 1:1 conversation – find your spot. Donot try to scan the whole goal post figuring out where to hit or donot scan the whole audience speaking to everybody. And if your mind comes in and says ‘you are doing this wrong’, or ‘people are not responding’, ‘make a joke now’, ‘you did not follow what you had practised’, ask your brain to take a small vacation.

The good part is, you have multiple opportunities to redeem yourself unlike a penalty shot. Do stop and assess and engage with the audience but DONOT allow your mind to take control of the proceedings, which is when you will know that you have missed the shot.

What happens when the mind takes control? Instead of engaging with the audience, you are actually having a dialog or listening to your head. So, if you are engaged with yourself, how can you possibly be engaged with the audience?

Taking a penalty in the shootout is a psychological game and so is public speaking. While getting your content, your tone of voice, your body movements etc are the technical aspects of public speaking, focus on your inner game as well.

The same dutch team lost out on penalty shootout to Argentina in the semi-finals - why? Could this be more than just bad luck? The discussion can go either way. And the fact remains that Ron Vlaar took the first penalty because nobody else was ready to take the first penalty and probably (tiny possibility) Ron Vlaar allowed his head to start thinking of consequences. And of course, Van Gaal had exhausted his substitutes and so he could not use his psychological move of using Kraal again.....

Thursday, 17 July 2014

Sorry Skirt

Whenever you are late for work or for a meeting, do you just say “Sorry, I am late” or do you feel the need to explain yourself? “Sorry, I am late – my son missed his bus today, had to drop him off” or “Sorry, my in-laws arrived today and I started late from home” and so on...

If you do feel the need to explain yourself, you are a “Sorry skirt”. This phenomenon is more noticed in women than in men, though I have noticed men fall prey to this as well – does anybody really care WHY you are late? What everybody cares is about the impact you are having because you are late. So instead of explaining yourself, apologize for the negative impact that you have had.

Sorry, I kept you all waiting’ or ‘Sorry, this work is impacted because of me’ or just ‘Sorry, I am late’ with no explanation of the ‘why’ – it is really not needed. But we feel the need to explain because we want to give the message ‘I am really a good person but……’.

Women are seldom able to shed their ‘good girl’ image (for some men it is the 'good boy' image). At school, being obedient was considered an asset, a symbol of model behaviour and girls always want to be held up as a model student/girl.

While growing up, a girl child continuously hears the need to be held up as a respected woman, as a ‘lady’ with proper manners and mesmerizing everybody around without being too loud and most importantly keeping everybody around happy. Have you heard this before?

When this girl child grows into a woman, this behaviour starts reflecting at home, at the work place where the primary focus is on keeping everybody around happy, hunger for positive affirmations, living up to everybody’s expectations, doing deeds and hoping people around notice them.

Have you ever felt “I am doing a great job – as long as I continue to do my job well, I will be appreciated” or “I just need to do my job really well, my boss will take care of me”. If you do, you belong to the “Sorry Skirt” group. Ever stopped to assess, whether your boss is in a position to address your career aspirations? If not, what initiatives are required from you?

I have been told since childhood that it is arrogant to be proud of your achievements, others should notice you and not you yourself alone. What that meant was that you do a great job, feel secretly happy and hope that others notice this great job of yours. It is like doing your homework at school and when the teacher gives an ‘Excellent’ or a ‘Very good’, it is positive affirmation.

Likewise, at work, we expect that we do our job well and hope that our boss notices and gives us an ‘Excellent’ for the job done. There are a few differences though – the job is not our homework, the boss is not the teacher and it is not mandatory for the boss to go through the work we have done and unlike homework, in the work place, a work/project is usually a team effort.

This need for affirmation and perceived as ‘good’ typically continues into the work place where doing everything right as per the books, keeping the boss and everybody around happy becomes paramount and for everything else, we are constantly apologizing. Maybe it is time to ask ourselves – ‘What is it like to be an Unapologetic Woman

Tuesday, 8 July 2014

Warm Regards.....REALLY?

I learnt my letter writing skills in school when emails were yet to make an appearance and signing off was typically ‘Yours sincerely’ or ‘Yours faithfully’ and I remember sniggering at the ‘faithfully’ – who was I being faithful to? What does ‘sincerely’ even mean when I am writing a letter to say a librarian so I could check out more books than allowed… Does it imply that I would sincerely or faithfully return the books? Well, why not just say it then? As my teacher sincerely pointed out ‘these are the rules or guidelines of letter writing – it is upto you to follow or flaunt them’.

And then entered emails…have you ever thought of how you sign-off in an email? Many have carried over the letter writing skills into emails and many have rediscovered their email writing skills. How about you? Do you blindly just say ‘Regards’ or ‘Cheers’ or ‘Thanks and Regards’ or ‘Best’ – These are the most common email sign-offs that I have seen.....until recently....

Before I go into the alternatives, let me focus a bit more on the regular. So, what do you intend to convey with your email sign-off?

A colleague sends an email to a peer disagreeing on the approach suggested and signs off ‘Warmest Regards’ (how do you select the warmest one among your regards?);

A boss sends an email to a subordinate asking for the quarterly forecast and signs off ‘Cheers’ (what is there is cheer about yet? Or do you want your subordinate to start clinking glasses now?);

A subordinate sends an email telling the boss about a lost deal and signs off ‘Best Regards’ (really? Buddy, you’ve just lost a deal!);

A Client servicing manager sends an apology email to the client about a delay and signs off ‘Kind Regards’ (Yes, I am sorry we inconvenienced you but you have our regards that are kind!);

A client sends an escalation to the partner vendor and signs off ‘Best’ (Best what? Best of luck dealing with my escalation? Best of luck because I am going to take away my business soon? What does this mean?)

A friend sends a catch-up email to another friend and signs off ‘Take Care’ (Sounds vaguely threatening…what should the friend be careful about?)

What do you notice? The sign-off most often than not seems to be completely contradicting the email content. So what is the purpose of the email sign-off? What makes us all follow something so mundane multiple times in a day?

You might say, the sign-off is really not that important, in which case I challenge you to do away with the sign-off altogether – if it is not important, don’t waste time doing it. And if you are doing something that is relevant, then I invite you to do it well and to make it exciting and worthwhile (for you and others).

A senior executive in an MNC is a creatively innovative person with an eye for detail – in a bid to be innovative with his communication, he started signing his emails exactly in tune with his emails eg 
if he was sending an celebratory email to the team, he would sign-off with ‘Calling for celebrations, Andrew’ or ‘Happily, Andrew’; 
if he was sending a revenue forecast to his bosses, he would sign off with the accompanying emotion like ‘Apprehensively, Andrew’ or ‘Confidently, Andrew’; 
if he was communicating with a client who gave him business, it was ‘Caringly, Andrew’ or ‘Gratefully, Andrew’; 
if he was angry or disappointment with somebody, it was ‘Disappointingly, Andrew’ or ‘Hopping mad, Andrew’ and so on. 

What do you notice here? The introduction of a human element in the emails rather than a mechanical by-rote email punch line, which makes the reader of the email connect so much better with the writer.

So, while we focus a lot on communication for leaders (verbal and non-verbal), you will agree that emails is one of the most frequent and far-reaching medium of communication in the world today – so why not make an impact right now starting with the sign-off. As a first step, make your email sign-off meaningful, exciting and give it your personal touch.

And as usual let me know at ruma.coach@gmail.com all your innovative sign-offs.

Wishing your creativity,

Ruma

Saturday, 28 June 2014

3 Things To Stop Doing Right Now

Yesterday I watched a good cook participating in Masterchef Australia (yes, the TV cooking competition!) flounder and confuse himself while trying too hard to impress his idol, the legendary chef in the culinary world, Marco Pierre White; and in the process landed himself among the 3 worst cooks of the day.

Has this ever happened to you where you have worked too hard at achieving something and yet did not achieve the result you wanted and probably even ended up with one of your worst performances?

I remember in one of my sales deals, I had worked so hard, made multiple trips to the customer location, mapped the entire customer team right from top to bottom and all stakeholders in between and yet the deal fell through. Blame it on the 2008 economic meltdown or blame it on other circumstances, it was really hard for me to recover from that place of investment – I call it investment because it was not only time, money and energy but a lot of emotional investment into this deal. It took me a while and lots of energy to get out of the ‘Why did this have to happen to me?’ and ‘What did I do wrong – this is unfair’ mindset. And when I emerged out in the sunshine again, I knew it was time to learn and do things differently - 3 of which are as follows:

1.       Remain detached from the outcome: In business and in life, this is one of the most important aspects - our emotional investment comes from the fact that we are emotionally attached to the outcome. We already build in a picture in our minds about the future and how good it would be - the recognition, the sense of achievement, the good life etc, so much so that when the outcome is not as desired, it is harder for us to let go of the beautiful picture than the lost deal itself. What has served me better is to focus on the process and remain detached from the outcome.
Visualization is a key exercise most coaches use to extract a high level of performance without fear, however, visualization without self-awareness can be a potential downer.

 2.       Explore different Perspectives: When I hold up my hand in front of me, I see a fleshy palm, 5 fingers and various lines zigzagging through my palm and fingers. At the same time, the person on the other side sees my knuckles and 5 fingers with nails - a completely different picture. Donot be blinded by the obvious, instead search for perspectives that are not immediately visible.
Having a learner’s mind means not making assumptions about the obvious and this is extremely important eg If both me and my customer had explored his needs from perspectives, that were not visible immediately to both of us, we would have discovered some new aspects that would have in favour of both of us.

 3.       Stop Trying to Impress: We all know this and yet we keep making the same mistake again and again and again. It is instinctive for us to focus on creating a good impression of ourselves, our organizations etc and in the process we forget that we are not important – what is important is the customer or the task at hand. 
How many times have you found yourself sacrificing your strengths at the altar of ‘impressions’ just like this young masterchef cook? Whenever you find yourself working too hard, stop and ask 'Who am I trying to impress here?' You'd be surprised because sometimes the answer could even be 'Myself'!

So, inspired from the above, what is the action that you can take?

Here is a challenge this week for us to do together – the ‘STOP IT CHALLENGE’ (SIC!) week. I invite you to a 1 week challenge – invite a buddy to play this game with you and hold each other accountable and tell me what you achieved.

Stop Obsessing about the Outcome (and Start Enjoying the Process/Journey)
Stop Assuming the Obvious (and Start Exploring)
Stop Impressing (and Start Being Impressed)

Saturday, 7 June 2014

My Designation Defines Me....?

As I am interviewing leaders for my forthcoming book, I stumbled across a leadership myth - ‘My Designation automatically warrants respect!

Hmm, let’s take a pause and explore this further because for most of us our designation is a yardstick by which success is measured. This is also subconsciously linked to the hierarchical seating mechanism in an office – the bigger our designation, the more exclusive desk we get in the office until we have a room and then the corner office. Don’t get me wrong – one should be proud, very proud of moving up the corporate ladder and as the designation gets sexier and sexier, one has the right to feel on top of the world.

Looking back, years ago, I used to agonize over the title on my business card. I was in sales and in my mind, my designation was the window through which my customers would judge me and my power within my organization - the bigger the title, the higher I stood in the ‘importance’ ladder. Also, the perception was that the designation seemed to be a way of getting past a gatekeeper – after all a CEO does not have time to meet with everybody! Huh, there was however, ONE BIG point I was missing – every other person was a Vice President or had a fancy title. So, what differentiated me?

Approximately 2.5 years ago, I had an enlightened discussion with one of my clients – he admitted that given his position, everybody wanted to meet him and yes, designation played a role, however, he wished people were more innovative with that. He wished he had a way of knowing who could really provide value and who was just a fancy designation. He had met many CXOs and unfortunately found many were a waste of time – it really did not matter to him who he met as long the person made a difference and really took his problem off his hands.

That gave me an idea – henceforth, every meeting I went to, I stopped giving out my business cards. I would make some excuse about running out of business cards. Interestingly, I noticed that I made some of my best connections when I did NOT give away my card and focused instead laser like on my customer and on the value that I could bring. Henceforth, my introduction was ‘I am Ruma & I handle sales in this region from ‘my company’ – If you need a solution that I have, rest assured, I know how to navigate through my organization and can get things done for you. So, let’s get the show on the road.’ And now it has become a habit. Except for networking events, I just forget to hand out my business card. (So, if we ever meet and you want my business card, please do remind me….)

One of my good friends, Shantanu Sen Sharma (who now runs his own company, Ozone Education), jokes about how everybody appears to be a Vice President or a Senior Vice President. According to him, the right hand text that comes AFTER the Vice-President gives a true indicator. So, one should ignore the ‘Vice President’ designation and focus on the right side of the title to get a true picture ie Vice President – Americas, Vice President – Infrastructure, Vice President – Service Delivery, Vice President – Customer Services and so on.

And today, in a world of commoditized designations, there is a distinction between going up the ladder on paper and going up the ladder in practice. There is a distinction between a designation and the person behind that designation. And this is one case where the distinction should not be clear at all – if both merge, rest assured a leader is emerging.

Yes, the higher up the ladder you go, people around you will laugh harder at your jokes and your request or suggestion becomes a command. Yes, you will have people working for you but have you earned the right to lead? Have you earned the respect that accompanies the designation? Maybe a better question to answer is ‘What is my unique contribution to this designation?’ ‘What is my identity minus the designation?’ ‘What is the one change I would bring about using my designation?

Here's to shifting away from just being a wannabe leader defined by designation alone…..

Saturday, 17 May 2014

The BIG 'Safety Net'

Until recently many of us viewed having a job as a safety net for our futures. Our parents lived in a society where the main objective was to live comfortably, provide for children and hopefully retire from employment with a reasonable bank balance to help through their old age. And if we look at ourselves now, that is exactly what we are doing (maybe on a larger scale). And more importantly, we are educating our children so that they can land a nice cushy job in the corporate market and in turn have a cushy bank balance to retire on and the cycle continues. 

True, a few of us do break that cycle or encourage our children to break that cycle but for more than 90% of us, this cycle repeats itself.

One of my biggest fears until recently was that I would die an old sick woman with nobody to take care of me and all my focus was on working hard to generate enough bank balance so I could have a support system around me during my old age. After all, you might have a large number of family and friends but when you are sick and old, you have to fend for yourself – can’t really depend upon anybody else.

When I expressed this biggest fear of mine to one of my friends, she laughed. Her biggest fear was to suddenly go bankrupt and disrupt the current comfortable/luxurious lifestyle – I suppose all of us have our own biggest fears and we cling to the flimsy safety net of the corporate structure that gives us an assured income at the end of the month, of which we spend some and invest most for a rainy day. And thus, our mundane existence continues….

When I realized that my fear is not the same as everybody else’s fear, I was surprised. If my friend is not afraid of dying a sick old woman, why am I? And if I am not afraid of disrupting my lifestyle, why is she? We are both strong women – what makes it different for both of us? That set me thinking and I actually realized the whole foolishness of it – that threads of beliefs that we cling to and we plan for…

It just might throw my plan completely out of the window if I were to be hit by a bus tomorrow. I would have lived a miserable life worrying about my old age while I never reach my old age. The hilarity of the whole thing threw me off completely.

Most people I speak to, talk about safety nets – either safety net for themselves or safety net for their children. Don’t get me wrong here – we do need to plan for our older selves and for our children (both of whom need support). However, what is astonishing is our obsession with this safety net. So, what is this safety net? All fingers point to MONEY! Actually ENOUGH MONEY!

What happens if we actually live the thrill of swinging out without a safety net – the worst thing that could happen is that we fall and die? Well, in that case we donot feel a thing. I suppose the worst fear is that what if we fall and we don’t die? What if we are maimed for life and are not able to enjoy the things that we are used to. In a sense that means what if we lose all that we have right now? 

Well, have you ever stopped to consider how strong the corporate safety net is? What if there is a calamity that turns all that digital money you have accumulated in your bank to just useless toilet paper? What safety does the corporate structure, the finance structure provide? What if you became sick (god forbid!) and you never get to see your children grow up? It is not that these things have not happened earlier…..they have and they might happen again in different manifestations.

If you notice closely, the only safety net is YOU – the person that you are, and the belief in yourself. And that is the safety net you can provide to your children as well – the belief in their own selves.


So, if you had no compulsion of maintaining a safety net today, what would you do?

Saturday, 3 May 2014

Vote for your CEO...?


A Billion Votes’ - This is the name of the program covering the general elections in a news channel in India. The world’s largest democracy is in the throes of an election and the atmosphere has never been so charged - ever. This is the 16th general elections in India and the longest ever, spread out over 1 month and 1 week. While the temptation is paramount to put in my views about the election, this article is not focused on the elections but instead focused on a 'billion votes' and corporate leadership.

Imagine in a company of hundred thousands of employees, if similarly, the CEO would be elected by the employees, how would that look like? Is the situation be any different?

Well, the employees make money from the company as does the citizens from a country. A company’s performance determines the bonus or increment of an employee as does the country’s economic performance determine the profit and loss of its citizens. A company has various departments contributing in their own ways to the growth as does the country’s states or counties contributing in their own ways to the growth.

So, by that analogy, a truly democratic company would have general elections where the CEO is chosen by the employees rather than the shareholders. So, interestingly while the employees are an organizations biggest assets (particularly in the service industry), the employees have no say in the selection of a CEO. So, does a CEO truly have to value his employees? And what is the pressure of performance – not just an outside-in view but an inside-out view as well?

What are the pros and cons of electing a CEO, wherein the shortlisted candidates (by the board) have to woo the employees to get the coveted corner office?

Advantages that I see are as follows:
  • -          Employees are more connection with the CEO since they have selected him/her. Majority employees could have a sense of loyalty
  • -          CEO is focused on governance
  • -          Rally employees to connect with a CEOs vision, thus enabling an overall growth strategy
  • -          Depth or shallowness of the CEO is exposed right during elections

Disadvantages:
  • -          Investment in the election process – is it really worth it?
  • -          Setting up of camps – opposing camps are clearly identified even among employees. Is that a good thing or a bad thing?
  • -          CEO has the added focus of connecting with employees on regular basis – is that a good thing or a bad thing?
  • -          Sometimes only good articulators who can own the room could get elected – that is one of the biggest highlights of a leader. So, is that a good thing or a bad thing?


What are your thoughts?