Indian Economy in 2012 - Nothing to base hope on.

We have had a tumultuous calendar year that ended yesterday. The UPA II Government had projected a GDP growth at  7.6 (+/-0.25) %for FY'13. Chief economic adviser Kaushik Basu was confident about 9% growth but was worried about the impact debilitating politics would have on the economy.  With a projected GDP growth of 9% in 2011-12 and ending up with 6.9%, the start of the FY 2012 -13 was upon an established lie. We didn't have any analysis on why we missed the forecast of 9% growth in 2011-12 and what exactly are going to do to achieve the >7% growth as projected.  (Economic survey 2011-12)

Wholesale FDI in retail - Does harm national interests

The UPA -II Government is keen on bringing the FDI in multi brand retail in this winter session of parliament. Opposition parties oppose this with many a reason ranging from politics to personal to people's well being. Let us leave off the personal reasons opposing the FDI, but look at political and well being reasons as they are important for an informed decision on such a key issue.

Flaws and Feedbacks

Nobody is perfect. Nobody is identical to others. Everyone has their own style of work and that is the reason we accord a huge importance to people management. It therefore is of utmost importance that people need to be coached to mend their own modus operandi  to suit that of the organisation. We have frequent refresher training for people to ensure they do not deviate the fine line of the periphery of organisational behaviour. Yet we have issues with people making mistakes due to myriad of reasons, primarily due to misunderstanding of the expectations and slackness.

Maruti's Manesar Miseries - a Human Resource Perspective

Maruti Suzuki. The nation's passenger automobile pride. 

All was going well and Maruti was thriving in the market with new models and a proud palpable presence on the India roads.  The company was in news for all the good reasons until recently. The recent unrest at the Manesar plant is not the first of its kind. It is the fourth in a year. The plant has been facing labor disquiet for decades and unrest for the past few years. Maruti is being managed by the all dedicated Japanese Management now. Japanese have a reputation for dedication to work and make it a culture in their organizations. Then why this unrest and arson?

Skills and Certifications

While browsing through some Project Management links, I came across an interesting discussion whether we really need PMP or other PM certifications. Comments by one of the contributor reminded me of some comments by the Hon'ble Judges from an earlier Supreme Court of India judgement on exams for senior advocates. (Well, I'll come back to this comment later and I'm not going to search through the AIR for case # and quote it.) The topic of discussion was whether the PMP certification is worth it. A lot of contributors were of the opinion that the certification serves as a gate-opener and it is the individuals performance that would make it not to open from the other side once for all. True. This happens with MBA also, and for that matter any professional qualification.

Vande Matharam!

 

The country is now universally recognised as a nation on the move and takes its place amongst the successful economies in the region. The future potential is enormous but the country's destiny is in our hands. The time has come to move from small increments to bold, large initiatives. The time has come to stretch the envelope and set goals which were earlier not seen to be possible. The time has come for performance to be measured and for allocated funds of the government to reach the people for whom they were intended.
 

Ratan Tata

 

Being a Roman while at Rome.

Communication is the exchange of ideas and flow of information from one person to another. The ways and means for communication are multiple. Words could be deceiving. Voice could vary from thought. That's why communication is looked into as a whole product of words, voice, facial expressions and body language. In customer service, the voice and facial expressions play a vital role in holding a customer with the organization than a well thought and appealingly written script.