Strategic Management- A New Perspective!!!

  “We seem to increasingly trade privacy for convenience with many of the devices we routinely use” -           Michael Sandel (Harvard Professor) Have you given a thought on the information that is freely available about you without your knowledge? Have you ever experienced?   When you are searching for a holiday accommodation on any website, and you leave the booking incomplete…have you noticed the same hotel advertisement catching your eye as you browse through social sites be it Facebook, Instagram or any other online site? When you buy any specific items from any online site…have you noticed related  products being advertised to you? e.g. buying maternity clothes from website, you suddenly start noticing advertisements about other  maternity products, children clothes, toys? It all happens because of your information and preferences been tracked and monitored through a small cookie (its not the one we get in...

I have been reading a lot of articles and posts on social media, that Work from Home is more tiresome than going to office. In office you can chat with colleagues, take small breaks, have long conversations during lunch hour. But now, we write brb (be right back) if we need to take body breaks in between back to back meetings. Why this pressure? I do not understand - is it to do with us or the organisation? I guess it is to do with us. Let me explain why I think so. Earlier before lock down, work from home culture was not very well adopted in most of the organizations. Especially with Baby Boomers and Gen X managers it has been difficult to trust subordinates working from home. If one had to work from home, it was under constant threat of being monitored whether online or not, achieving set deliverables or not. It may not be with the managers but in own mind we created that association or what we call nowadays tags. Tagging “Work from Home” to negative emotions like Fear, anxiety, co...

The moment we open our eyes in this world we are surrounded by entities called ‘People’. May they be our parents, our siblings, cousins, friends, relatives, and teachers. Everyone is associated for with us for a specific span and a specific motive.  Specific motive might seem a bit interrogative but yes it is true, may it be a selfless or selfish it is only a motive that connects us to the world. It is an umbilical cord that holds the child in the mother’s womb.   Interestingly we come across different people so leave a permanent mark in our life. It is very ironic to notice that some people come in our lives for very short duration but the impact made by them on our lives is huge.  Personally I am not a social being and enjoy comfort interacting with only handful people. But still since my childhood I have noticed that every person that comes in our life has a role to play. They come during a particular phase where there role lies and vanish when the role is over...

“It is often said Today’s effective followers are tomorrow’s potential leaders” There are effective followers and ineffective followers Sheep There are people who are passive and like to work from 9-6. They think they work for living and lack initiative. They expect their leader to think for them. Most probably they may say, “Sir, whatever you think good for me”. They are also “Yes Sir”, “No Sir” type. Survivors There are some people whose motto is “better to be safe than sorry”. They do not take risk, tend to be political. They do not lead change but want to survive across it all costs. They are not someone who would rock the boat. You will find plenty of such people in Govt. offices.  Followership Model Alienated Followers They are capable yet cynical people. They come across as negative people. They generate and emit lot of negative thoughts and energy. They are seen gossiping in the corridor and criticizing their organisation and management. You will hear comment su...

“We reveal ourselves in metaphors we choose. A superior would think of what is right, whereas an inferior thinks only of what is profitable" In the most famous passages in Wealth of Nation, Adam Smith declares, “It is not the benevolence of the butcher, brewer or the baker that we expect our dinner, but from regard to their own self-interest. We address ourselves not to their humanity but to their self-love and never talk to them of our own necessities but of their advantages” This is often quoted in defense of self-interest. But what is missed is obvious. The self-interest of the butcher, the brewer and the baker is served only because they do indeed pay attention to our necessities, as well as to their own reputations of quality and fairness which is essential for the business they do so. It is precisely because they rise above their interest of others that make success. What they ultimately “sell” is their own Integrity. The old quasi argument still persists- o  ...

“The achievement of the CSR outcomes depends upon employee willingness to reciprocate and collaborate with positive attitude”   In recent years the term corporate social responsibility (CSR) has gained prominence, both in business and in the press, to such an extent that it seems to have become ubiquitous. There are probably many reasons for the attention given to this phenomenon not least of which are the corporate excesses witnessed in recent years. There is a symbiotic relationship between employee well-being in organizations and HRM practices when considered from Corporate Social Responsibility (CSR) perspective. It is imperative that companies convince their key stakeholders- “EMPLOYEES” that they are serious about CSR by demonstrating through good ethical policies that organization aims to achieve desired social, environment, political outcomes. Hence it is employees rather than the board or consultancy firm who carry the main burden of responsibility for implementing ...