Business, Management & Investing

Management Tips From Harvard Business Review

Management Tips From Harvard Business Review

As a manager, you’re shouldering more and more responsibilities — from maximizing your team’s performance to increasing your company’s market share to building profitable customer relationships. On top of all that, you need to orchestrate your own time and keep your career on track. The challenges are stacking up — but you’ve got less and less time to figure out how to tackle them. How are you supposed to resolve this dilemma? Happily, help is on the way: the new Management Tips from Harvard Business Review. This concise, handy guide is packed with quick tips on a broad range of topics, organized into three major skills every manager must master: • Managing yourself • Managing your team • Managing your business Drawing from HBR’s popular Management Tip of the Day, this book puts the best management practices and insights from top thinkers in the field right at your fingertips. Pick it up anytime you have an issue to solve or a few minutes to spare, and you’ll have a fresh, powerful idea you can immediately put into action. You may not be able to do much about being time starved. But with Management Tips from Harvard Business Review, you’ll stand the best chance of succeeding in your role as a manager.

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The Progress Principle – Harvard Business Review Press

The Progress Principle – Harvard Business Review Press

the-progress-principles-postWhat really sets the best managers above the rest? It’s their power to build a cadre of employees who have great inner work lives — consistently positive emotions; strong motivation; and favorable perceptions of the organization, their work, and their colleagues. The worst managers undermine inner work life, often unwittingly. As Teresa Amabile and Steven Kramer explain in The Progress Principle, seemingly mundane workday events can make or break employees’ inner work lives. But it’s forward momentum in meaningful work — progress — that creates the best inner work lives. Through rigorous analysis of nearly 12,000 diary entries provided by 238 employees in 7 companies, the authors explain how managers can foster progress and enhance inner work life every day. The book shows how to remove obstacles to progress, including meaningless tasks and toxic relationships. It also explains how to activate two forces that enable progress: (1) catalysts — events that directly facilitate project work, such as clear goals and autonomy — and (2) nourishers — interpersonal events that uplift workers, including encouragement and demonstrations of respect and collegiality. Brimming with excerpts from the authors’ diary study and anecdotes from the companies studied, The Progress Principle equips aspiring and seasoned leaders alike with the practices and insights they need to maximize their people’s performance and engagement. Authors Teresa Amabile is a professor of business administration and a director of research at Harvard Business School. The author of numerous articles and books, including Creativity in Context, she has long studied creativity, motivation, and performance in the workplace. Steven Kramer is a developmental psychologist and has coauthored anumber of articles in leading management periodicals, including Harvard Business Review and the Academy of Management Journal. Published by

harward-business-review-press

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If God was a Banker – Ravi Subramanian

If God was a Banker – Ravi Subramanian

This book is a must read for the financial tycoons and those involved in corporate banking. Ravi Subramanian asks a simple question! What if God was a banker? The entire story revolves around Sundeep and Swami. Their characters have been very clearly defined and they are a world apart when it comes to their ideologies in life. They are both hungry for success and they both choose different methods to achieve it. Other than the two main protagonists, the other characters seem lost as they come in and out of the story. In spite of that, the story moves smoothly and I would not blame you if you get that feeling of déjà vu where the good guy and a baddie fight it out in an international bank! The book has got something in it, and I would recommend you read it in one go!

Neel

Now, if “God was a banker”, I’m sure you wouldn’t mind giving this book some ‘Darshan’

India Inside – The Emerging Innovation Challenge to the West

India Inside – The Emerging Innovation Challenge to the West

Thanks to its ability to innovate, the developed world will always have a distinct advantage over the developing world, right? Not according to leading management experts Nirmalya Kumar and Phanish Puranam. InIndia Inside, the authors draw on their research to show how India is already turning this assumption on its head — often in ways invisible to consumers in the developed world.

Through their research and extensive interviews with India-based executives from such companies as AstraZeneca, GE, Infosys, Intel, and Wipro, the authors unveil the dramatic rise in invisible innovation occurring in India — from B2B products and R&D outsourcing to process and management innovation. The book also illuminates Indian companies’ growing ability to innovate consumer products that are compact, lowcost,

efficient, and robust in the face of harsh environmental conditions. The authors’ analysis makes clear that for certain kinds of innovation, the long-held monopoly of the developed world is over.

India Inside provides a wake-up call for executives and policy makers in the developed world and a clear-eyed view of both the challenges and the opportunities facing multinationals seeking new sources of innovation in the future.

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About the authors

Nirmalya Kumar and Phanish Puranam are professors at London Business School and serve as codirectors of its Aditya Birla India Centre. They have authored numerous books and articles on marketing, innovation, strategy, and Indian business.

For your copies contact,

Mr. PHILIP KOSHY Regional Sales Manager Mobile : +91 9382862530 | +91 9677089010pkoshy@hbr.org / pkoshy@harvardbusines

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Management Tips From Harvard Business Review

Management Tips From Harvard Business Review

As a manager, you’re shouldering more and more responsibilities — from maximizing your team’s performance to increasing your company’s market share to building profitable customer relationships. On top of all that, you need to orchestrate your own time and keep your career on track.

The challenges are stacking up — but you’ve got less and less time to figure out how to tackle them.

How are you supposed to resolve this dilemma? Happily, help is on the way: the new Management Tips from Harvard Business Review.

This concise, handy guide is packed with quick tips on a broad range of topics, organized into three major skills every manager must master:

• Managing yourself
• Managing your team
• Managing your business

Drawing from HBR’s popular Management Tip of the Day, this book puts the best management practices and insights from top thinkers in the field right at your fingertips.

Pick it up anytime you have an issue to solve or a few minutes to spare, and you’ll have a fresh, powerful idea you can immediately put into action.

You may not be able to do much about being time starved. But with Management Tips from Harvard Business Review, you’ll stand the best chance of succeeding in your role as a manager.

Published by

1

For your copies contact,

Mr. PHILIP KOSHY Regional Sales Manager Mobile : +91 9382862530 | +91 9677089010pkoshy@hbr.org / pkoshy@harvardbusines

or buy online

Harvard Business Review Press’s ‘The Social Organization’

Harvard Business Review Press’s ‘The Social Organization’

As a leader, it’s your job to extract maximum talent, energy, knowledge, and innovation from your customers and employees. But how?

In The Social Organization, two of Gartner’s lead analysts strongly advocate exploiting social technology. The authors share insights from their study of successes and failures at more than 400 organizations that have used social technologies to foster — and capitalize on — customers’ and employees’ collective efforts.

The authors identify the core disciplines managers must master to translate community collaboration into otherwise impossible results:

• Vision: defining a compelling vision of progress toward a highly collaborative organization
• Strategy: taking community collaboration from risky and random success to measurable business value
• Purpose: rallying people around a clear purpose, not just providing technology
• Launch: creating a collaborative environment and gaining adoption
• Guide: participating in and influencing communities without stifling collaboration
• Adapt: responding creatively to change in order to better support community collaboration

The Social Organization highlights the benefits and challenges of using social technology to tap the power of people, revealing what managers must do to make collaboration a source of enduring competitive advantage.

Authors

Anthony J. Bradley is a group vice president at Gartner Research. His responsibilities include advising clients on the enterprise employment of social media and social software solutions. [ San Antonio , TX ]

Mark P. McDonald is a group vice president and head of research at Gartner Executive Programs, working with executives on the business application of information technology. [ Saint Charles, IL ]

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For your copies contact, Mr. PHILIP KOSHY Regional Sales Manager Mobile : +91 9382862530 | +91 9677089010pkoshy@hbr.org / pkoshy@harvardbusines

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EMOTI- COMS

EMOTI- COMS

This book by Xavier Quattrocchi Oubradous and Charles Bal is of five chapters and 165 pages and is a must read for all marketing and communications professionals who wish to bring a revolutionary change in their strategy. Just a bitter pill is wrapped in a sweet coating, similarly a good marketing strategy wraps messages with emotions. The book is about an emotional approach- a marketing shift from eye-wall to emotions. It is more about reaching out to the people through emotions which is a powerful phenomenon. In this way you effectively get your message across more effectively and efficiently. Professionals interested in selling their products/services need to know the advancement in psychology and neuroscience and how the meaning of emotion is ever widening and catching up in current times. One can find a number of references to music in this book because both music and marketing are linked with emotions, and both crave attention of the audience. We also get an insight as to how emotions add richness to communication and the use of non-verbal cues in the personal and business fronts can benefit individuals and companies as well. What makes the book an easy read is that a person who is a layman in marketing/communication gets to understand much about emotional intelligence and its effects. For those interested to bring a change, there are emotional marketing methods that can be quite interesting to know and apply. The reader also get to know the three different forms of ‘affect’ namely moods, feeling and emotions, about a new disorder like ‘alexithymia’ which is an emotional vacuum where people are unable to describe their emotions and about ‘share of heart’,- an emotional relationship, where a product or service becomes an icon because it has won the consumers’ heart. Once the brand achieves this, there is no way a competitor can throw the brand away from the market. Therefore this book is sure to be a captivating and stimulating read as there is something new to offer to its readers. As the author has rightly put it that emotions are not the key, they are the door for a new, empathic and ultimately more engaging form of marketing and communication.

Shoba

Published by Harriman House and can be purchased online through flipkart and the link is,

Teamwork Your Key to Exponential Growth

Teamwork Your Key to Exponential Growth

Imagine a work place where people are truly connected with their work, colleagues and customers, bringing in energy and passion for their work. ‘Teamwork’, authored by S Kumar, applies ingeniously simple lessons learnt from the hotel industry. It addresses today’s most pressing work issues, which applies to anyone in any sector of an organization or institution.

Teamwork reveals tools and techniques on how to build a ‘great team that lasts.’ It also explores the possibility of how a person who can manage a successful team, can climb towards a professional and personal success.

The book, makes for very interesting reading and is presented to the reader in the narrative form .At the very outset, the author introduces a charismatic character, Raj, whose positive vibrations rub off on the reader and one soon aspires to be like him. The writer almost places him on a pedestal, but fortunately, this is not an unreachable pedestal. His is a rags to riches story.

Raj claimed that his success was due to the ABC acronym moving from one point to another. The position A gives a person Active, not very productive, yet independent, position. B is where one gets bonded to a team and becomes supportive. Position C is all about Creativeness.

The book helps to learn to build a reliable team and even suggests what helps to hold a team together for a along period of time. Handpicked examples support every thought or point put forth. The business chosen is the hotel industry- a highly sensitive field.

The book is divided into 8 chapters, the first dealing with the introduction of the magnetic character, Raj. The chapters that ensue are Raj’s account of how he climbed steadily from humble beginnings to success. His main points worth noting are

Change and adapt;
The importance of preparing;
Stay focused and move towards your goal;
Communication and a selfless attitude are an integral part of teamwork.
Focusing on the mission of the organization is bound to achieve stupendous performance. Following these simple guidelines, he says is sure to lead to success.
The author also talks about the necessity to collaborate to achieve.

After reading more than half the book, one wonders whether Raj never met with any failures and his ideas seemed to have been utopian. However, the technique the writer uses is to first build up on Raj’s success story and then reveal the harsh reality of his failures and how he overcame them; this brings in a note of reality to the contents of the book. S. Kumar winds up by asking his readers to develop a Never–Say-Die Attitude in whatever work they are involved in. The book has very positive vibrations and the author’s views on teamwork can be applied not just to the hotel industry, but also to other walks of life. Several chapters begin with a few, highly meaningful quotes.

My View

The book is so well written – simple, yet engrossing – that I did not put it down till I finished it – a very rare phenomenon with management books and me. After having read the book, I cannot help but quote.

“Alone we can do little; together we can do so much.” – Hellen Keller

Sunanda B

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Ancient yet Modern – Management Concepts in Thirukkural by Irai Anbu I.A.S

Ancient yet Modern – Management Concepts in Thirukkural by Irai Anbu I.A.S

Thirukkural is a unique literature of the world, not only because of its longevity but also for its relevance and applicability today. Perhaps it is the only universal literature which does not belong to any particular religion and applies to the human race. It has been translated into many different languages of the world, next to the Bible. Thirukkural written over 2000 years ago and older than Bible, has everything that relates to human life, encapsulating all ingredients to a healthy and moral life. In the words of Dr. Albert Schweitzer on Thirukkural, ‘There hardly exists in the literature of the world a collection of maxims in which we find so much of lofty wisdom’.

There have been a lot of attempts by different scholars at different times to compile Thirukkural in different forms to provide easy understanding and usability for readers. A distinguished civil servant (IAS) and a scholar in Tamil literature Dr. Irai Anbuhas come out with a compilation which provides an insight into Thirukkural from the management perspective. Titled aptly as ‘Ancient yet Modern’ – Management concepts in Thirukkural, the book encompasses different aspects of management principles found in Thirukkural.

Undoubtedly Thirukkural is the greatest literature of all times and interests a reader every time he/she reads it. If Thirukkural can be compared to a sugar cane, this book is certainly a delicious dish made out of the sugar extacted from that sugar cane. He has beautifully compiled it under five different chapters, Human Resource Management, Management aspects in Thirukkural (an analysis), Manpower Planning and Development and Leadership and empowerment of managers.

The author has done an extensive study of Thirukkural and some of the best management books to make a comparative study. The book provides the reader a dual treat in understanding the insights of Thirukkural and the principles of modern management. He has exhaustively drawn theories and concepts from different management experts of all time like, Peter Drucker, Robert L. Kaz and countless number of management experts and practitioners. The author even draws parallel with theories like Mc Gregor’ X and Y theories. The pearls of wisdom that sparkle in Thirukkural have been picked and embedded to create a beautiful masterpiece necklace and the author Dr. Irai Anbu deserves all appreciation for the same.

A splendid example is about the brevity of speech, for which Thiru valluvar says in Kural as,

Speak out your speech, when once ‘tis past dispute

That none can utter Speech that shall your speech refute (couplet 645)

The author Dr. Irai Anbu not only provides the meaning for the above couple, but beautifully narrates it in his inimitable style and provides apt examples to impress the readers.

A master communicator uses each word with lot of care. A good writer is like a sculptor. He uses less and less to convey more and more. He cuts away all useless words. Voltaire wrote at the end of a lengthy letter. “If I had more time, I would have been brief”. There are only ten sentences in Lincoln’s Gettysburg address. The best reason for acquiring a large vocabulary indeed is that it keeps you from being long-winded. A genuinely educated person can express himself tersely. If he does not do so, it is because he is using education to befuddle or intimidate the audience and not to enlighten”. Valluvar cautions that the most suitable word should be chosen for communication. The word should not be capable of being substituted by any other word, either by the speaker or by others.”

This elegant book of 260 pages is very well brought out by a well known publisher in the country, Allied Publishers.

In these days of plagiarism, it is heartening to see Dr. Irai Anbu duly acknowledges every single word or sentence borrowed from different sources and makes his work appear to be a perfect research work. This is something modern writers should emulate.

I am sure this book would reach the English speaking population all over the world. Like Thirukkural, this book should be translated into different languages to benefit managers and students by helping them learn the principles of management through an ancient yet modern literary master piece, Thirukkural.

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Target 3 Billion – APJ.Abdul Kalam and Srijan Pal Singh

Target 3 Billion – APJ.Abdul Kalam and Srijan Pal Singh

Wings of Fire, India 2020: A Vision for the New Millennium, Ignited Minds: Unleashing the Power within India, and Mission India: A Vision for Indian Youth, are some of the acclaimed books of the ex – Presidentand Bharat Ratna awardee, Dr. APJ. Abdul Kalam. Now for all the people who are focused on a developed India by 2020, the missile man is here yet again with another fabulous book, Target 3 billion which is co-authored by Srijan Pal Singh, an IITian who has traversed across rural India to study and evolve sustainable development systems for the Indian villages and the world at large. Based on their immense research and findings in the area of sustainable development, they have put forward a remarkable system called PURA (Providing Urban Amenities in the Rural Areas) for sustainable development not only for the 750 million rural populations in India, but also for the 3 billion villages world wide, where these villages are in a condition of underutilization of talent resources and impoverishment. You all will agree with the visionary’s belief that real service to religion is to serve the villages on remote hills and in distant deserts.

In the introductory chapter, we get to know the earnest quest and eagerness of this renowned scientist to meet different people in the remote areas to see what they have been doing to bring about sustainable development in spite of all the barriers they face in terms of infrastructure and other inconveniences. One laudable achievement that has been achieved with integrated efforts of various sectors and through proper initiative and focus on sustainable development is the transformation of the villages in and around Bhadariya, in the Thar Desert. This is the essence of PURA (Providing Urban Amenities in Rural Areas), – a socio-economic -development model to uplift the rural community.

The ensuing chapters are about implementing PURA for sustainable development in the rural sector across. The authors have been keen to provide detailed step by step process for the evolution of this socio- economic tool. Therefore, to be a part of PURA, one needs to know how this unique model or framework functions and how it focuses on empowerment of the masses, integrated action and sustainability for the welfare and happiness of the rural community all over the world. To make this mission a reality, the book has details about the present scenario, the multi-pronged action plan , the generation of funds and its utilization, the different sectors that are presently carrying out PURA, and how each person as an individual can contribute for this noble cause.

If you go back in history, you will find that rural empowerment and sustainable development has been talked about by our Father of our Nation Mahatma Gandhi some six decades ago. He was clear that non-violence mantra could not be built on a factory of civilization, but on self-contained villages. Besides an economic divide that categorizes the countries into the developed, developing and underdeveloped countries, there is a another internal divide namely, the rural and urban divide which shows a vast disparity in the income, standard of living and amenities between these disproportionate parts. To balance this, many rural families migrate to urban areas in search of education, jobs and a better standard of living, but unfortunately end up paying ‘poverty penalty’ a term used by C.K Prahalad to cite how the urban poor spend more on basic needs, education and amenities. If this kind of movement can be arrested and amenities to rural areas are enhanced through empowerment of the masses, integrated action, sustainability can be brought about in the rural community across nations. Therefore, for rural India to become more vibrant, every individual and the various sectors like education, health care, banks have to come forward to make this a reality. The book has number of illustrated figures, graphs, statistical data, research findings, case studies both within and outside India that makes it rich in content so that even a layman who care for the sustainable development can be inspired to work on this mission. Besides the clear illustrations, the footnotes and chapter wise notes at the end of the book makes it an easy read.

The book has placed on record the laudable work of sustainable development by individuals as well as PURAs within and outside the country. To mention a few, there is the LONI PURA, CHITRAKOOT PURA, WARANA PURA DAIRY, PERIYAR PURA run by the Periyar Maniammal University,Thanjavur in Tamil Nadu and MEENAKSHI PURA. Further there are successful stories of The Mudiali Fisherman’s Cooperative Society, Iceland’s Fishing Industry, Gujarat Milk Marketing Federation Ltd (GCMMF) pioneered by Verghese Kurien, Bharatiya Agro Industries Foundation (BAIF), the JK Trust Gram Vikas Yojana in the area of sustainable development. As an individual, Dr.Raju, a nuclear scientist in Los Alamos National laboratory, USA has a special mention. He with the help of his team has silently transformed the people of his village in Peda Amiram. Yet another person is Dr.H. Sudarashan, who has been able to develop and transform the Soliga tribal people through the Viviekananda Girijana Kalyana Kendras at BR Hills. In addition, Dr.Tiwari and his team near Allahabad have converted 735 hectares of wasteland into Jatropha-producing land that has been a more feasible source of biodiesel. Further, Dr.Romulus Whitaker with the aid of technology, investments and access to a new market has helped the Irula tribes form the Irulas Snake Catchers’ Industrial Cooperative Society (ISCICS), in Kancheepuram District, TamilNadu that enables them use the traditional skill of snake catching into an economically productive and environmentally sustainable activity to earn their living.

There is quite a lot of data in the book on the work of Periya PURA run by the Periyar Maniammal University (PMU), Thanjavur in Tamil Nadu that needs a mention so as to understand how PURA is being successfully implemented by this institution in the Thanjavore district. This PURA through a joint effort has been able to establish physical, electronic, knowledge and economic connectivity, there by fostering growth and sustainable development. Its eco-friendly and environmental mission is visible as you enter the portals of the university. For instance, the Jatropha trees have been planted in its campus with an idea to promote bio diesel and other green initiatives across the PURA region. Besides, their three environmental –friendly activities and research require a special mention. They are:

Periyar Research Organization for Biotechnic and Ecosystem (PROBE) restores wastelands through promotion of afforestation and undertakes biotechnical based activities. Besides, it gives hands– on training in different agro- techniques that generates employment for the local people.
Periyar Centre for Environmental Energy Management (PCEM) in collaboration with Cape Breton University, Nova Scotia, and the College of the North Atlantic, Newfoundland, Canada offers training programmes that focuses on wastewater treatment, remediation and renewable energy technologies. Presently, as a joint venture with RWTH University, Aachen, Germany, it is involved in producing power from municipal solid waste in Thanjavur district.
Periyar Renewable Energy Training Institute(PRETI) in collaboration with the Ministry of Non-conventional Energy Sources (MNES), Government of India provides training courses in the use of renewable energy and energy conservation with a focus on employability.
Further, to promote community participation, the MPhil and PhD courses in social work are offered so as to enable students get involved in community development. Furthermore, other activities and certificate courses can help them be an integral part of the PURA mission.

Furthermore, Periyar PURA in a joint venture with Japan External Trade Organization (JETRO) to promote one –village one product model which has benefited 65 villages and over a lakh people. The villagers get technical help and expertise from both PMU and JETRO on its various products. It is heartening to know that out of its 123 products, 40 have been in the international market. Besides, it promotes entrepreneurship through its various initiatives. Besides, the Periyar PURA has evolved entrepreneurs through many of its specialized centres or social organizations such as:

Periyar Organization for Women’s Emancipation and Renaissance (POWER)
Periyar Business Processing Outsourcing(BPO)
Periyar Technology Business Incubator(TBI)
A Centre for rural development (CRD)
Periyar Research Organization for Biotechnology and Ecosystem (PROBE)
Periyar Centre for Environment and Energy Management(PCEM)
Periyar Renewable Energy Training Institute(PERTI)
KVIC Regional Extension Centre (biomanure programme)
All these centres work together and share knowledge, technology and other resources to attain the common goal of transforming the villages in its district. Due to the development of self-help groups that are capable of generating their own income, Periyar PURA has generated skilled jobs in different non–agricultural sectors as well. In this way, it has brought down unemployment to a large extent. Further, the immigration of villagers to urban areas in search of good jobs and amenities has largely reduced.

The book also has other case studies and awesome work carried out by different PURAs that will give you a better idea about their achievement and growth in the area of sustainable development.

To conclude, there is a famous Chinese proverb, “You give a man a fish, you satisfy his hunger for a day, but you give him a fishing line, he makes a livelihood.” PURA is therefore, all about providing employability that lasts a life time. If a person is employed, he/she has access to good education, health, electronic media and other facilities for his growth. Hence, the book is a clarion call to the global community – students, men, women, the aged, industrialists, service providers, media, government and non-government agencies to transform the rural communities into a centre of excellence and bring smiles in the faces of about 3 billion people around the world. If you wish to be a part of this noble vision in your own small way and if you are in a look out for the right direction, pick up this book right away , get inspired and initiate action .The rest is history in the making ……

Shoba

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