While we have no dearth of entrepreneurs, we have to develop further on managerial cadres. We have excellent managerial talent, but it's not available in the numbers that are required. This is an area where we have to concentrate and work on. We have seen times without number that enterprising Indians have put up industries, … Continue reading Aditya Birla On Need For More Executives
Indian industry has come of age. This has been possible because of its entrepreneurs. I have the experience of working in eight countries and I find that as far as entrepreneurship goes, we Indians are second to none—in number or in quality. This is something that India can really be proud of. However, we have … Continue reading Aditya Birla On Entrepreneurship
I have often been asked whether management is a science or an art. I do not know what the textbooks say. My own perception is that at the basic roots, management is a science. If one is inducted as an accounts assistant, one doesn't have to practice an art. He has to follow a science. … Continue reading Aditya Birla On Management: Art Or Science?
For any enterprise, the foundation should be solid. For this, when putting up projects, three very important areas need to be fully taken care of: firstly, to adopt the best know-how that is available in the world; secondly, buy the best equipment. Do not compromise on the quality of the equipment for marginal extra costs. … Continue reading Aditya Birla On Project Management
Quality is extremely important in the competitive environment of a shrinking world. Myopic managers not conscious of quality will lose in a world without frontiers. If you are quality conscious, you actually cut down on your cost of production and marketing. The notion that to maintain your quality, your costs go up is totally wrong. … Continue reading Aditya Birla On Quality
In the productivity of machines, I have found that there is always room for improvement. What is lacking is the will, the vision and the commitment to exploit the machines to get the best out of them. We build most of the times our own mental barriers, which are the most difficult to overcome, then … Continue reading Aditya Birla On Productivity: Machines
Constant efforts have to be put in for improving the productivity of men and machines, all the time. We have to improve on our existing systems, however good they may be. The norms that are excellent today will become outdated tomorrow. What seems un-achievable today, becomes a matter of fact tomorrow and the day after … Continue reading Aditya Birla On Productivity: Men
Innovation is both challenging and rewarding and essential for excellence in management. I have learned that a corporation has to face new challenges all the time. We have to keep changing strategies, goals, and our approach to meet the changing scenario constantly. For instance, environment and ecology were unknown words till a decade back. Today, … Continue reading Aditya Birla On Innovation
Good leadership is one of the very important factors for success. Gone are the days, when the boss was automatically the leader, and the cardinal rules while dealing with the boss were: Rule No. 1—The Boss is always right and Rule No. 2—If the Boss is wrong, refer to Rule No. 1! I have found … Continue reading Aditya Birla On Leadership
A key aspect of coaching is that over time you start seeing your situation differently and become aware of how your thought patterns are responsible for you being in the place you are. New ways of being, new ways of thinking will open up new possibilities for action. And for action to be consistent accountability … Continue reading Why Coaching Works?
Maybe, maybe not, but it’s just a slower, less fun—and often—more expensive road without one! Most people don’t have a coach. They resist it. They think that they can do it on their own and often aren’t willing to make that investment in themselves. In my opinion, this is a trap that most people fall into that … Continue reading Do You Need A Coach?
1. Move bank accounts to take advantage of perks and earn more interest 2. Turn off the television. 3. Stop collecting, and start selling 4. Sign up for every free customer rewards program you can. 5. Make your own gifts instead of buying stuff from the store. 6. Write a list before you go shopping … Continue reading 76 Ways To Save Money
Donating sound like a full-time job. I think it is! Be proactive: If you find yourself considering a gift to a charity that called you on the phone, you’ve already lost most of the battle to do as much good as possible. Your money will go furthest if you set time aside, think about all … Continue reading How To Donate Like A Pro?
24 short hours—that’s all we’ve got in a day! And yet, in the mad rush of our lives, we are constantly trying to fit a zillion thing into its tiny package. Here are the 5 steps that set me free. I believe they can do the same for you! Stop Believing in Busyness: Believing that we need … Continue reading 5 Ways to Find More Time in Your Overscheduled Day
After years of a what people call fictional successful marriage life, I have come to the conclusion for an awesome married life, a truly successful one. Here's my secret formula: Not too much dependency, not too much freedom. The right combination is inter-dependency. Marriage is not a battlefield to prove supremacy over each other. Compassion … Continue reading Tips For Successful Marriage
Recession is around the corner for some industries. Lots of people will be thrown out from their jobs because of strong competition. I am no expert in business management but I am learning human management and the trick is to encourage cooperation rather than competition. An age-old solution is that if the fortunate employees can … Continue reading Recession Mantra: How To Cut Down And Still Feel Proud About It