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President Essay

4468 words - 18 pages


Kis mein jyada fayda hai ?
Hath mein paise hokar paise banana OR paise na hokar paise banana ?
Trace the history of bankruptcy. They made lots of money. But today they are nowhere.
Ex : Kodak, Nokia, Kingfisher
Every brand started with 0, but became bankrupt when they had lots of money.
You can move from 0 to 100, but then from 100 to 105 it becomes difficult.

It has been observed that after certain stagnancy it plunges down. So How would u like to see the graph ?
Why do they die down?
1. Lack of innovation :
Generally people misinterpret this word with invention. Any improvement done and if it gives money , then it is called ...view middle of the document...

What face he has in front of his team .

So ask company – what are they doing to be creative ?
They expect employees to be creative . This is utter nonsense.

In job advertisement, one will find – we need the best people.
As per the bell curve, we all are average people.

In an organization you will find these extremes of poor and excellent performers. The excellent performers are few and they are will retained by their existing companies. They rarely change. So how will other companies get excellent candidates. They will get people from the average lot. But then the companies need to hire them and then convert them to excellent by providing them the right atmosphere for growth by way of empowerment, training and excellent systems to perform.
Ex : Today if you want to withdraw your own cheque from State Bank of India it will take minimum 30 mins in the bank. But suppose if you go to HDFC, ICICI bank it will not take more than 10 mins. What is the difference ?
Now Try shifting the employees from SBI to ICICI and vice versa. Still you will find the same issue. So what is the conclusion ?
It is The systems and not the employees who make a difference.
An excellent system with average people will give excellent results.
Average system with excellent people will not give excellent results.
Another example is of Indian Railways scenario after it was computerised. The same employees are working. Earlier you used to have fights with them. But today with excellent systems you are praising them.

Build and invest in systems and then you see the results.

Albert Einstein – If you can’t speak simple , then you have not understood yourself.
What level is your problem and what level is your thinking ?

Earlier generation there were lots of inventions.
Today its more of innovations.
Bring innovation in processes and systems

Ex: Before painting the Painter thinks, he visualises – that’s creativity. But what he ultimately brings on canvas is innovation.

2. We don’t do SWOT Analysis
3. Laparwahi

4. Lack of vision
Aankh sab ke paas hai, nazar kiske paas hai ?
Ex: JRD Tata in 1960 set up a power plant though there was less industries at that time. They had more power. But you see today . They produce low cost of power.

Ex: There are many luxury brand cars today like Jaguar , Rolls Royce, Mercedes Benz, Ferrari and Lexus.
Lexus is a TOYOTA brand , but nowhere they place this along with their other cars. Chasis, cost of production and place of production is same. They are selling it 5 times more than their other cars. Why ?
Its a conscious decision to keep it different and unique and give customer a different experience to the cost they are buying at. Its a unique customer feel. They have a totally different distribution system across the world. Never said its a TOYOTA brand. This is a VISION.

Ex: Kodak – Never thought that imaging will go and digital will...

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