Time to Thank Entrepreneurs

July 30th is Mr. Henry Ford’s birthday.  He was born in 1863.  He was one of the great entrepreneurs America has produced.  He was leader of automobile industry and a great inventor.  His dream of gasoline engine was realized into industrial revolution and a company that is employing thousands globally and improving millions of lives for over hundred years.

To create a new business that makes money, and more significantly, employs others, and more significantly, gives a product to a customer that improves their life, is our greatest challenge, our greatest opportunity, and the greatest gift, far greater than any charity that we can give our fellow person.”  – Paul Zane Pilzer

What a powerful statement it is!  Entrepreneurship is the backbone of social and industrial development.   There are thousands of entrepreneurs like Henry Ford, Bill Gates, Steve Jobs, Sergey Brin, Howard Schultz, Sam Walton, Jeff Bezos and Jeff Gitomer who continue to work hard to fulfil the dream of others while they achieve their own personal goals.

Time to thank all the global entrepreneurs who dedicated their lives for the growth of their organizations which in turn support the communities and nations; and are innovating to get the economy out of recession.

Thank you for reading and have a great day.

Don’t Settle – Stay Hungry – Stay Foolish

Who does not know Steve Jobs? His vision and life has made a huge impact on our generation. I came across this post. He shares his life lessons with students at Stanford in 2005. No doubt he is wonderful person around and I wish him good health.

Your time is limited, so don’t waste it living someone else’s life. Don’t be trapped by dogma — which is living with the results of other people’s thinking. Don’t let the noise of others’ opinions drown out your own inner voice. And most important, have the courage to follow your heart and intuition. They somehow already know what you truly want to become. Everything else is secondary.

Text of Steve Jobs’ Commencement address (2005)Posted using ShareThis

3-Rs for Leaders

  1. Read more
  2. Reflect more
  3. Risk more

Leaders ought to read a lot to stay ahead.  Each day is blessed with new discoveries and useful information.  Using the 80/20 rule, find out what is out there that you need to know.  Co-relate how changes in the world going to shape your world. Read more = Plan

Leaders take tough decisions all the time, they are the face of the organization.  Leaders chalk out the course of action in the midst of challenges.  Reflecting on the decesions taken and the one you are about to take is going to determine if you are an authentic leader – who knows where his True North is.  Reflect more = Check

Taking new risks, coming up with new ideas and having the drive to materialize them, thinking out of the box, leading organization into a totally new direction are the key qualities leader has.  Listen more and observe more.  Taking calculated and smart risk is also creativity. Risk more= Do and Act.

These 3 Rs fit into Deming’s Plan > Do > Check > Act; a continous improvement loop.  Thanks for reading and have a wonderful day.

Life is bigger than that!

2008 is nearing the completion of business work days and it was one of the eventful year.  We have seen all from US election to Canadian elections, Wall-street meltdown to Automotive bailout, Saturday Night Live comedy to economic worries.  All the stuff, never thought of. 

But when it comes to our professional life, one needs to make sure there are no unexpected surprises.  I have mentored and provided guidance to few people over the year and have also asked for advice from my peers.  Some people either make small issues into big problems or do not even have clue what is wrong.  Here are some of the points to consider-

  1. Get feedback from your boss; have 1 on 1 regularly (weekly or monthly) to align objectives.
  2. Grow your professional network by volunteering at work, in community or join any organization.
  3. Understand that everyone is different; workplaces are diverse.
  4. Totally messed up? If you are honest, you’ll get another chance.   Life is bigger than that!
  5. Do not just focus on getting credit of everything you do or say.  Give credit where deserved.
  6. Be careful about sarcastic sense of humor.  It may be wise to stay quiet.
  7. If you do extraordinary job you get promotion as a result. Its not the other way.
  8. Help others grow and learn.  Don’t be afraid that someone will steal your idea.
  9. Take vacation or take time out.  Its must to revitalize your energies and focus.
  10. Try to listen.  Pay attention to your superiors and peers.
  11. Dress according to your job profile, at least.
  12. Do not make ‘difference of opinions’ at work your personal issue.

I firmly believe if we are serious to improve ourselves, we can start afresh anytime.  Its never too late and Life is bigger than that! 

Thanks for reading and let me know what you think.

Fast, Cheap AND Good

Good, Fast or Cheap

Can’t pick any two? You also need all three – fast, cheap and good? 

It has been very commonly used set of options in I.T. when offering an alternative or usually when dealing with issues from outsourced service.  Someone will come and say – “Pick any two!” 

Sometime ago I was involved in a project where we had to pick any two options and it was very hard to leave out the third one.  Many times we had to leave ‘cheap’ and other times ‘fast’,  for us ‘good’ was essential and paid the price accordingly.  We had to compensate for third left out option through continuous improvement.  I kind of thought that this is the  dilemma every one will be facing.  But it is not the case as I am finding out.  Things are getting better.

Continue reading “Fast, Cheap AND Good”

DiSC model – Management Styles

I completed DiSC (stands for Dominance, influence, Steadiness, and Conscientiousness) training last week and fount it interesting.   DiSC confirms one thing, different strokes for different folks.

DiSC is a system to help you find out similar and unique characteristics among people.  It also shows person’s behavioural preferences and helps to identify different management styles that can lead to obtain better results through interaction. 

According to the DiSC model, there are four management styles – by Dominance, by influence, by Steadiness, and by Conscientiousness.

Series of questions lead to a specific DiSC profile, that tells you what is your score and what is you dominant style of management and what are your supportive styles. 

D – Dominant : these people are active and questioning; these are direct and competitive in nature.  These people want to ‘get it done’.

i – Influence : these people are active and accepting; motivated, enthusiastic, sociable and lively. 

S – Steadiness : these people are thoughtful and accepting; patient and even tempered, accommodating. 

C– Conscientiousness : these people are thoughtful and questioning; kind of private with analytical abilities and task oriented.  Main objective is to ‘get it right’.

As we know everyone is unique and all have different ways of interacting.  Imagine, I interact with a person who has dominant  style of ‘Conscientiousness‘ (private and task oriented).  I pretend to be of ‘influence‘ (sociable and enthusiastic) dominant style; my interaction with that person can not be productive as I may not be providing the specific instructions that other person needs. 

Why is that?  Because people with dominant ‘infulence’ style mix personal talk with business discussions, becoming informal and emotionally expressive leaving the ‘Conscientiousness’ style person unclear or confuse as Max requires specific task oriented info and does not express himself emotionally.

How it will help me?  It lists what are key strengths, what things are overused, what could be the limitations and what changes should be made in management style that make one more effective.

Have you ever taken DiSC and Meyers-Briggs assessment?  What are your thoughts? Did you benefit from it?  Please share your thoughts.  Thank you for reading. 

More info –

  1. http://en.wikipedia.org/wiki/DISC_assessment 
  2. One of the best books on the application of DiSC is by Keith Ayers titled “Engagement is Not Enough.

PMI Membership Benefits

I volunteer at my PMI (Project Management Institute) local chapter called Great Lakes Chapter (www.pmiglc.org).  I enjoy the benefits of PMI membership in form of monthly magazine called PM Network and accompanied paper called PMI Today.  Both are informative and I have gained a lot by reading both publications. 

Many people join organizations enthusiastically and then with very little involvement and different priorities, fail to renew annual membership and later claim that they did find not much benefit of membership.  Becoming member in your professional organization and participating actively gives you opportunity to network with best people in your trade and increase your domain knowledge.

I found couple of interesting benefits while reading PMI Today paper and thought of sharing it with you. Here are the benefits-

  1. Attend PMI meetings/events at discounted price;
  2. Networking opportunities with professionals in management;
  3. Read PMBOK (Project Management Body of Knowledge);
  4. Read business books on-line;
  5. Download a global standard;
  6. View the results of PM research projects;
  7. See articles from PMI publications for the last 7 years;
  8. Search for jobs, consult with a career coach and have your resume critiqued;
  9. Request a custom research;
  10. Order books and other materials at a discounted price;
  11. Use a career framework to help guide your career; and
  12. Get PM Network and PMI Today publications.

I would suggest that if you are in project management, get involved with www.PMI.org, join your local chapter and participate in making project management indispensable for business results.

Thank you for reading and have a wonderful day!

Referenced – PMI Today – April 2008