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Posts Tagged ‘Management’

bellcurveThe pre-dominance of the Bell Curve in performance appraisals has never been in doubt. It recognizes the fact that all people are not identical, the tasks assigned to them are different, and the environment they operate in need not be homogeneous. All organizations have their share of high performers, free riders, under-performers, and downright deadwood.

A well understood Bell Curve principle is about building meritocracy and practising a differentiated rewards strategy. It has its own limitations, especially in highly innovative outfits. However, it keeps the bar high, thereby helping an organization to scale greater heights.

(Excerpt from my book ‘Surviving in the Corporate Jungle’)

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As a Chief Executive Officer, if you hire lions like Pablo Picasso or MF Hussain to create a corporate emblem for your company, would there be any point in getting a bunch of giraffe Vice Presidents and General Managers to meddle with his final work? Define a target and a budget, and let the agency have a free hand.

As a trainee cub, join an ad agency if you love irregular working hours, midnight escapades and hobnobbing with the hoi polloi of creative geniuses whose king (or, queen) size egos need to be managed at all times, with clients’ deadlines looming large over your work horizon. Depending on your skill set, you may gravitate towards copywriting, production, media planning, or client servicing. In all cases, creativity under pressure should be the motto of your life.

(Excerpt from my book ‘Surviving in the Corporate Jungle’)

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Ladies and Gentlemen of the world,

Allow me to lodge a protest.

The derogatory manner in which I am generally referred to by the Homo sapiens is a matter of sincere regret. I wish to ass-everate that I have sterling qualities of head and heart. Even though a vast majority of you copy me ass-iduously in your day-to-day lives, you hold the member of my species in a low esteem. This is patently unfair. Permit me to set the record straight and ass-ert myself.

Members of your species have always given me a raw deal. You wilfully neglect some of my great contributions in diverse fields of life. Prohibition, literature, health, discipline, education, free speech, human values, law and order, science, politics, management, architecture, adventure and logistics are some of the fields where I have enabled your civilization to scale great heights.

Here is a quick recapitulation of some of my contributions to your so-called civilized society.

The fine art of advocating prohibition  

When I use my vocal chords to articulate my feelings, you make fun of me. You hold me to be mentally deficient. You do not realize that those of you who have had an excess dose of tissue restoratives sound much similar in their mindless laughter. When I bray, I merely advocate prohibition. Mahatma Gandhi would have been so very proud of me.

On the literary high table

Frequent references to me in the kind of literature many of you devour and admire goes on to establish my superiority in more ways than one.

In ‘Oliver Twist’, penned by Charles Dickens, law is held to be an ass. You may disagree with the proposition, but you cannot deny the honour conferred on me thus.

In ‘The Mating Season’, dished out by P. G. Wodehouse, even such an illustrious figure as Marcus Aurelius is alluded to as an ass.

“I wonder if I might call your attention to an observation of the Emperor Marcus Aurelius. He said: ‘Does aught befall you? It is good. It is part of the destiny of the Universe ordained for you from the beginning. All that befalls you is part of the great web’.”
I breathed a bit stertorously.
“He said that, did he?”
“Yes, sir.”
“Well, you can tell him from me he’s an ass.”

When I find a place at the literary high table, I do not see any reason for you to refer to me in a condescending manner.

Promoting good health

A part of your anatomy (that you mistakenly hold to be superior to that of me) is known after me. You use it to sit comfortably, thereby warming up the chair endlessly and missing your daily set of exercises.

The smart ones amongst you never remain seated for long and follow a physical fitness regime. They use this very part of their body in quite a few postures and thereby maintain good health.

Discipline and Education

While recollecting his late night encounters with the Rev. Aubrey Upjohn, Bertie Wooster, in his delectable memoirs, often shudders to think of the juicy ones he used to get on the soft spots. He obviously alludes to the very part of your anatomy referred to above. This shows the important role I play in shaping the character of your coming generations.

Hapless students try to ass-imilate the heaps of knowledge that gets dumped on to them by means of listless lectures delivered in dinghy classrooms. Even kids ass-ume the role of beasts of burden while lugging their extra-heavy school bags under the adoring eyes of their indulgent parents.

Free speech

When an ass-emblage of a group of students chagrined with crude attempts of authority figures to curb their right to free speech, they often make me an icon of their peaceful protests. Candlelight vigils do not deliver the kind of strong message that my presence, with a poster shaming the authority looped around my slender neck, does.

Some protestors learn the tricks of the trade from such non-profit groups as the ASS – Advisory Services for Squatters, based in London, UK.

Law and order, human values

Ask any rozzer. When not in the presence of a human rights enthusiast, he is likely to confess the utility of the part of your anatomy named after me to make even a law-abiding citizen admit to a crime he never committed.

I confess that, when provoked, I am wont to deliver strong punches, using my hind legs. Despite the training you receive in martial arts, you can never really copy me on that account. The criminally inclined amongst you keep ass-aulting innocent citizens without any care in the world. My punches are designed to deliver a message of respecting human values and civic sense which many amongst you do not follow.

Science

Those of you who win a Nobel Prize in Chemistry keep ass-aying metals at periodic intervals, never ass-igning any credit to me in their much-applauded research papers.

Chemists can be forgiven to refer to me as AsS, a formula for Arsenic Sulfide. Likewise, I do not mind mathematicians referring to me as an ass-ociated collection of prime numbers of module M, Ass (M).

When a student of geometry conveys the lack of congruence of triangles by using the term ‘Angle-Side-Side’, I do not object. When a genetic expert tries to describe a human gene which encodes the enzyme Arginino-Succinate-Synthetase, I feel flattered.

When it comes to advancements in science or technology, I follow the Jeeves dictum – of never raising a bushy eyebrow even for the smallest fraction of an inch, except when I am sad at being summarily ignored in all such references.

Politics

Unwittingly, whenever there are elections around, I get dragged into political controversies. If there are malpractices in the conduct of academic examinations, the top politician of the region runs the risk of his name being paraded on a member of my species. When a region showcases the wilder ones amongst us in a tourism promotional video, we get dragged into an unseemly political controversy.

Such ass-ociations merely reveal the shallow intellectual abilities of the Homo Sapiens. The hard work put in by me in any endeavour thrust onto me does not get due recognition. The simplicity with which I handle the burdens so very gleefully heaped on to me gets neglected. The soulful eyes with which I view my human masters never get appreciated.

Many politicians who happen to be ass-ociated with dynastically run outfits shamelessly copy me in their subservience to their political masters, but fail to acknowledge my contribution.

The manner in which your elected representatives often behave in your ass-emblies leaves me deeply disappointed in your race. When a favoured legislation has no chance of making it through the normal process, your politicians know how to rush it through as an ordinance and seek the ass-ent of the First Citizen of your country

Management

Excellent traits of followership that I possess could provide invaluable clues to leaders of all hues, sizes and shapes who aspire to achieve loftier goals in their chosen profession. Leading management institutes ought to be doing a detailed study on this aspect of my behaviour. Alas, they keep churning out inane stuff on leadership traits alone.

Unimaginative incentive schemes get launched, killing productivity and proving my superiority over some of your over-zealous but short-sighted production chiefs.

Finance honchos amongst you keep twiddling their thumbs to project the correct ass-ets of their companies in their books of accounts. Whenever a catastrophe strikes a business, insurance surveyors are called in to ass-ess the extent of damage.

When a manager has goofed up on a critical ass-ignment, he is referred to as a Jackass, thereby establishing my supremacy in all matters managerial.

Top bosses cannot function in the absence of their Executive Ass-istants.

In an annual ritual called Appraisals, human resources honchos routinely ass-uage the feelings of those who are left out in the latest round of promotions or increments. They are routinely ass-ured of a brighter future in the days to come, and advised to follow the path espoused by Bhagavad Gita – that of performing their duty without any expectation of rewards.

When a new boss ass-umes charge after a much-delayed promotion, the Yes-Men in his team quickly change their affiliations and try to ass-ert their importance in the scheme of things.

Architecture

Well-designed civil structures cannot come up unless I have carried some of the building materials on my sturdy back. While carrying heavy loads, I am invariably obedient and docile. No member of my species has ever entertained the idea of floating a trade union to ass-ert its labour rights.

Adventure and logistics

When it comes to your adventures in a rough terrain, there is no better provider of logistics services than yours truly. World over, for millennia, my services have been there at the man-not-so-kind’s disposal. Alas, these get taken for granted. I am yet to be nominated for a Nobel Prize in logistics.

Accord me the respect I deserve

I hereby urge upon you to look deep within and start treating me with the respect I deserve.

I might be perceived as being stubborn at times. But I am also companionable. My bite might be worse than my bray, but I am a friendly creature. You may find it difficult to frighten me. But you know that I am a dependable chap.

While almost all of you are still trying to conquer your ego, as advocated by some of your scriptures, I have already achieved that feat millennia ago. You are still trying to eliminate racial and gender discrimination. By following the principle of peaceful co-existence amongst all other species, I have been promoting racial harmony for centuries already. When it comes to chivalry, I am way ahead of many of you. Bertie Wooster would surely approve.

You think the members of the species of Equus africanus asinus possess a poor Intelligence Quotient. I beg to differ. As you can see for yourself, even our Spiritual Quotient is higher than that of the Homo sapiens.

Thank you for your time and attention.

An ass-ertive ass

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Celebrating the first anniversary of having launched a book in Portuguese in March 2016.

English version to follow soon….!

ashokbhatia's avatarashokbhatia

Surviving in the Corporate Jungle

BookFrontCover

This is a short introduction to a book by yours truly, the Portugese version of which is getting launched in Portugal shortly. The launch event  in Porto is planned on the 2nd of March, along with a talk on “Work Life Harmony” at the  Catolica Porto Business School  of  Universidade Catolica do Porto. The launch event in Lisbon is planned at Universidade Europeia on the 3rd of March, 2016, as part of an event titled ‘Passport to India.’

How this book happened

Forty years back, the School of Business at a prestigious university in India made a big mistake. They awarded me a degree in Business Management. They were so very happy to see me off the campus that they even awarded a silver medal to me.

I owe this book to my professors – some of whom taught so well that I learnt a…

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India offers to the world an immensely rich collection of sacred scriptures.rig-veda First and foremost are the Vedas, which could be justifiably referred to as the core of the spiritual and psychological soft power of India. Then there are the Upanishads, which capture the highest spiritual knowledge and experience that India can offer to the world.

India also has Puranas, Itihasas, Tantras, Dharma Shastras, and Sutras, besides the innumerable works of religious poetry in regional languages.

Ramayana and Mahabharata

Amongst Indian scriptures, Ramayana and Mahabharata happen to be the most popular narratives. Both are pregnant with mature thought. Both contain teachings of political, religious, ethical and social kind. Both showcase, in a relatively simple language than that of the Vedas and the Upanishads, the Indian idea of Dharma, or righteousness.valmiki_ramayana

Both appeal to the soul as well as to the imagination of an intelligent mind. Even illiterates find gems of wisdom in these two epics. If philosophy, ethics, morals, social concepts, political thoughts or administrative justice form the warp in this unique fabric, heroic tales, human emotions, poetry, aesthetics, fiction, romance and villainy form the weft.

These epics showcase a highly developed sense of ethics and values, social and cultural realities of a distant past, besides intellectual and philosophical refinement. Lay persons could draw several life lessons from both these works. So could professionals of all hues.

Sanskrit, the supreme language  

Sanskrit is the language which forms the bedrock of a vast majority of these works. An intimate feeling of the language helps in understanding the multi-layered narratives better. One acquires a heightened sensitivity towards the shades of style and the context in which a statement is being made.

In today’s inter-connected world, one may not know Sanskrit but can still savour a fraction of the fragrant nectar of knowledge offered through any of the Indian scriptures.mahabharata-vyasa-ganesha

Sacred scriptures comprise a minor part of all the Sanskrit literature available from the Vedic to the pre-modern times. Nonetheless, they form the bedrock of Indian culture and spirituality.

Bhagavad Gita: The Song Celestial

Bhagavad Gita forms an integral part of Mahabharata, appearing in its Bhishma Parva. It comprises eighteen chapters. Broadly speaking, this unique composition touches upon three kinds of Yogas – Karma Yoga (The Yoga of Action), Gnana Yoga (The Yoga of Knowledge) and Bhakti Yoga (The Yoga of Devotion). [Yoga is a term which is often confused with physical practices of a certain kind. However, the term is used here in the sense of describing a communion, specifically the communion of an individual soul with the Divine.]

Upanishads articulate the philosophical principles concerning mankind, world and God. Gita explains the manner in which human beings can practice these subtle philosophical principles in their mundane lives.

Soulful management

One of the basic concepts enunciated by Krishna in the Bhagavad Gita is that Mahabharat Krishna Arjunaof the everlasting nature of the soul. The concept of a soul now finds a resonance even in modern management literature. In his book ‘The 8th Habit’, Stephen Covey urges professionals to pay heed to their ‘inner voice’. While proposing the whole person paradigm, he speaks of the four dimensions of a person – spirit, body, heart and mind.

From a management point of view, perhaps the most relevant are the concepts espoused under the overall umbrella of Karma Yoga. Here, Lord Krishna emphasizes the importance of self-less action, free of its rewards and gains. A state of inaction is held to be another form of action itself.

Gita III 6

कर्मेन्द्रियाणि संयम्य य आस्ते मनसा स्मरन्।

इन्द्रियार्थान्विमूढात्मा मिथ्याचारः स उच्यते।।

[A hypocrite is one who suffers from a false notion of having self-discipline. He is someone who controls the organs of action but continues to dwell upon the objects of sense.]

Gita III 7

यस्त्विन्द्रियाणि मनसा नियम्यारभतेऽर्जुन।

कर्मेन्द्रियैः कर्मयोगमसक्तः स विशिष्यते।।

[He who controls his senses by his mind and engages with the organs of action in a Yoga of Action achieves excellence in whatever he does.]

The concepts enshrined under Gnana Yoga are also highly relevant for management professionals. This is so because one of the major challenges in their careers is to keep unlearning, so the process of real learning can never cease.

Smart professionals always keep an open mind. They strive to keep abreast of latest technological developments. They keep learning from their failures as well as from their successes.

The Yoga of Devotion

When it comes to Bhakti Yoga, the relevance of what Gita says is perhaps bhagavad_gitasomewhat limited as far as a practicing professional is concerned.

Loyalty and devotion – to a superior as well as to the company – are terms which readily spring to one’s mind. But in the absence of a truly charismatic business leader of the stature of Lord Krishna, blind devotion could perhaps lead to a catastrophe in one’s profession. A sense of misplaced loyalty often becomes an excuse for senior managers to remain in their comfort zones. Accepting fresh challenges becomes a key challenge. Their skill-sets start getting rusted. Much like stones which do not roll, they start gathering moss.

Time to rediscover the Gita

There is much that CEOs and managers can learn from the Bhagavad Gita. Its language is pregnant with symbolism at times. But it has rich lessons to offer for day-to-day conduct of business.

This stream of knowledge is close to 3,500 years old. It is never too late to rediscover it.

(Illustrations courtesy Wikipedia)

(Related Posts:

https://ashokbhatia.wordpress.com/2013/05/27/management-lessons-from-ramayana

https://ashokbhatia.wordpress.com/2013/07/12/management-lessons-from-mahabharata

https://ashokbhatia.wordpress.com/2015/09/04/management-lessons-from-the-life-of-lord-krishna

https://ashokbhatia.wordpress.com/2016/06/07/some-management-lessons-from-india)

 

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panjab-university-ubs

An academic course in management obviously does not offer lessons in managing the affairs of the heart. But the Class of 1977 broke through the academic shackles, with some of its members walking out of the campus with a clear strategy as to who their future soul mate shall be.

The stiff-upper-lip approach

Management education is all about the stiff-upper-lip approach of the mind. Analytical skills rule supreme, leading to rummy situations where analysis often leads to paralysis. Linear programming models get worked upon. Statistical techniques get dished out by stern looking professors who might have been hotter in their jobs more as police officers or as judges.

Hapless students are made to understand exponential smoothening techniques so as to be able to forecast business parameters in an uncertain business environment. Those with an engineering background struggle to match their debits and credits. The lucky ones who have had a background in commerce twiddle their fingers trying to grasp the complexities of quantitative techniques in decision-making.

The neglected need to boost our EQs

The behavioural sciences do provide a little bit of cheer to the tormented souls undergoing a typical MBA course. But to understand the psychology of an individual is no mean task. Mere case studies and management tips for handling an industrial strife do not improve one’s EQ substantially. Handling a tough boss eventually gets learnt only in the corporate world outside. The real world also teaches us to handle errant subordinates whose emotional blackmail upon reporting for work after a spell of French leave needs deft handling. The harsh realities of business world provide a high quality learning which can surely not be replicated within the stifling confines of a classroom.

The dashers and the rabbits

In fact, for some of those who formed the batch of 1977, the beautifully laid out campus outside provided a far better laboratory to test their hypotheses on the softer matters of the heart. These were the chosen ones who were smitten by the tender arrows of a smart Cupid.

The snag in the business of falling in love is much like that of mixed up career choices. Take an introvert and put him in a marketing assignment and the results could be disastrous. Take an extrovert used to making tall claims and put him in charge of manufacturing. The customers could soon melt away, leaving the company grappling with a credibility gap.

Bertie image

Same is the case in matters of love. As per the Bertie Wooster doctrine:

“….parties of the first part so often get mixed up with the wrong parties of the second part, robbed of their cooler judgment by the parties of the second part’s glamour. Put it like this. The male sex is divided into rabbits and non-rabbits and the female sex into dashers and dormice, and the trouble is that the male rabbit has a way of getting attracted by a female dasher (who would be fine for the male non-rabbit) and realizing too late that he ought to have been concentrating on some mild, gentle dormouse with whom he could settle down peacefully and nibble lettuce.”

The USP of the Class of 1977

The batch of 1977 had as many as five members of the tribe of the delicately nurtured. Since the previous one, the Class of 1976, had none, they were the cynosure of all eyes. They were invariably the prime focus of attention for many of us in the batch of 1976. All we seniors required was an inane excuse to pop up and try to grab the attention of at least one out of the five pairs of eyes we could feast on. The faculty members simply loved them – not necessarily for their academic proficiency, but merely for ensuring some discipline amongst the men folk loitering around.

Some of the members of our tribe of the so-called sterner sex were the shy and silent kind. Some were busy chasing their academic pursuits and kept their hormones under check. Others were benignly interested but limited their interactions to admiring gazes alone. Very few were the dashing types who, their puny chests all puffed up, attempted to indicate a more than passing interest in the parties of the other part.

Managed walks down the aisle

Those were traditional times when the distinction between an ‘arranged marriage’, a ‘love marriage’ and a ‘love marriage which had to be managed’ was pretty clear. Live-in relationships were not heard of.

The majority amongst us believed in the straight and narrow path that life offered then – the comfort of an ‘arranged marriage’ where the parents take the flak for subsequent problems, if any, and where love blossomed, albeit hesitatingly in some cases, much after the walk down the aisle took place. The time on the campus was, therefore, used by the members of this tribe merely to exchange furtive glances, suffer the pangs of transient infatuations and a silent admiration for the physical profile of the party of the other part.

pu-student-center

Then there were the dashing types, the risk takers who could use their time on the campus to firm up their affection for each other and concoct some dreamy plans for their future together. To avoid inquisitive and prying eyes, they would often vanish in thin air, possibly to land in such distant locales as the Sukhna Lake or the Rose Garden.

Management knowledge put to loving use

These were indeed the souls which put most of their management knowledge to actual use. No manual has been published till now, but it is clear that strategic decisions were taken by them with due diligence. Flawless planning and execution followed. Regression Analysis was applied to ensure that respective parents fell in line with the wishes of their wards. Soft-nosed commerce was used to draw up joint P&L Accounts and Balance Sheet, so the planned merger would face little financial turbulence. Principles of Materials Management were applied to ensure that the eventual stock transfer of one party to the abode of the party of the other part was carried out in a smooth and cordial fashion. Inspiration was drawn from a random sample of other couples who had successfully handled their affairs in an exemplary fashion.

Managing the Affairs of the Heart

cupidCupid, when it chooses to strike, is pretty democratic in nature. If one of the Class of 1977 decided to hitch her lot with a classmate of hers, yet another signed and sealed a merger deal with a senior of the Class of 1976. Both lived happily thereafter!

Close to forty years down the road, looking at the success of these mergers and alliances, it is highly regrettable that management academics still continue to adopt the stiff-upper-lip approach which focuses on analytical skills alone.

A day should surely dawn when ‘Managing the Affairs of the Heart’ gets introduced as a compulsory full semester subject across all management institutes; a time when doctoral theses on such subjects shall be encouraged.

After all, there are as many management lessons to be drawn from the works of Shakespeare, Thomas Hardy, P G Wodehouse, O Henry and Jane Austen as can be gleaned from the tomes dished out by such luminaries as Peter F Drucker, McGregor and Philip Kotler.

(Related Posts:

https://ashokbhatia.wordpress.com/2016/10/01/the-class-of-1976-how-it-managed-to-get-suspended-for-a-week

https://ashokbhatia.wordpress.com/2016/12/25/the-class-of-1990-how-ubs-prompted-sandeep-mann-to-learn-management-from-movies)

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On the occasion of Thiruvalluvar day, celebrated on this day in the state of Tamil Nadu in India, in memory of Saint Thiruvalluvar who is said to have lived in a period between second century BC and 8th century AD.

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Thirukkural (திருக்குறள்), also known as the Kural, is a classic Tamil ‘sangam’ (3rd century BC to 4th century AD) literature composition. It has 1,330 couplets or ‘kurals’. It was authored by the renowned poet Thiruvalluvar.

The Thirukkural is one of the most important works in the Tamil language. This is reflected in some of the other names by which the text is given by such as ‘Tamil marai’ (Tamil Vedas); ‘poyyamozhi’ (words that never fail); and ‘Deiva nool’ (divine text).

Just like ‘Ramayana’, ‘Mahabharata’, ‘Bhagavad-Gita’ and other scriptures, Thirukkural is also replete with words of wisdom. It is simple and contains profound messages.

Thirukkural has 133 chapters, each containing 10 couplets. Broadly speaking, all the 133 chapters can be divided into three sections: Righteousness, Wealth and Love. In the text below, the serial number of each couplet appears on the top, followed by its Tamil text and then by…

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Here is a good list of Hollywood movies which concern the area of management.

As to Bollywood, two movies come to my mind, especially when it comes to Work Life Harmony: ‘Chhodo Kal Ki Baatein‘ and ‘Baar Baar Dekho‘. Elsewhere, we have already had a look at movies from which we could draw rich management lessons.

Enjoy these over the next weekend!

Kally's avatarMiddleMe

One thing that always never fail to pull me up when I am down and frustrated is when I stumbled upon a movie that inspires me to do more in my work and to bring me back to the same spot where I believe in me, my passion. Today, I like to share those movies with you and hopefully that maybe one or two will inspire you when you have your down days.

Pursue of Happyness

This movie is my favourite career inspirational movie. Will Smith made me cry, gave me hope and had me rooting for him. It is one of the movies that I will make my sales team watch it. The raw emotions are so real and raw, it is motivating right up until the end. If you haven’t watch it, you should. If you are working as a sales person, you should watch it. If you…

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Respected Ladies and Gentlemen,

Some of you might be twiddling your fingers these days, trying to figure out exactly what is happening, why things have come to such a pass, and if there is some way you could pitch in to resolve the Tata-Mistry issue.

I do believe there is a way you can make a difference. You can do so by taking a stand which would make you look back at your decision in the future with a feeling of glowing satisfaction and contentment.

Allow me to share some of my own thoughts on the subject. I write with all humility at my command. I write this as a lesser mortal who is not privy to the power conflicts at the top levels of the Tata group. I write this as a common man, and also as an ex-employee of one of the companies of the group, namely Tata International.

Ratan Tata

Forced separation only under grave provocation

The rather uncharacteristic manner in which Cyrus Mistry has been shown the door by Tatas some time back only goes on to establish a truth – that you all support an elephant which has not only learnt to dance but also knows how to be nimble-footed when the situation so demands. Step on the wrong toes and the message is loud and clear. Core values are not negotiable. Cross that invisible line at your own risk and peril. Provoke the elephant in a wrong way and face the music.

Way back in 1993, Russi Mody also underwent the experience of a forced separation.

There are many other instances which one can go on quoting, but the moot point remains that those entertain individual ambitions and start nudging the group against its core values invariably get ejected from the pilot’s cockpit.

Even at lower levels, the old perception that Tatas work like a massive bureaucracy and a job with them is for one’s life time is altogether wrong. I have myself been a witness to some such cases, where managers who had either performed very poorly, or offered speed money, or otherwise acted in bad faith, were clearly told to look for greener pastures elsewhere.

In Tata we trust

You are well aware that the brand equity that the group enjoys is as much about product quality as it is about trust and faith which stakeholders of all hues, sizes and shapes repose in its operations.

Tatas happen to support trusts which are some of the oldest charitable institutions in India. The group has pioneered modern ideas of secular, social services-oriented philanthropy.

It is not easy to name another business empire which has invested in the social sectors even when no law ever mandated it. Or, one which has invested in areas totally unrelated to the core business activities of the group. Iconic institutions like the Indian Institute of Science, the Tata Institute of Fundamental Research, the Tata Institute of Social Sciences, the National Center for Performing Arts are but some of the examples which spring to one’s mind.

A habit of going beyond the mandate

tata-crest

It may also not be possible for us to locate another business house which has gone out of its way to incur a liability out of a sheer sense of decency even when not having a formal agreement to that effect.
In one of his scintillating articles, Arun Maira, ex-member of the Indian Planning Commission and an ex-Tata senior, recounts a 1946 meeting between the KraussMaffei board and J R D Tata and Sumant Moolgaokar on the platform of the bombed out Munich station. In those times, Indian companies had no way of entering into any agreement with German companies. The Germans requested Tatas to take their best technicians and their families to India, who were starving without work in Germany. So, Tatas learnt metal-working from the best of the best.

He says that many years later, when India had become independent, the German company’s headquarters received a letter from Tatas, asking how much to pay for the technology they had provided to Tatas. That letter showed the true spirit of the group – one honours one’s debt, even when it is not legally binding, and even when it is not demanded of one.

You may also recall the Tata Finance fiasco in 2001, when a letter alleging some wrongdoings at the company reached the desks of several Tata seniors. Tata Sons could have well adhered to admitting its limited legal liabilities, but Ratan Tata took a courageous and humane view to publicly declare that interests of every small investor shall be protected.

In his brilliant book, Six Lenses, R Gopalakrishnan, cites several examples from the Tata history to sketch out the kind of culture the group has.

You are well aware that much of the goodwill enjoyed by the group is because of the perception that, as a business house, it has always tried to put into practice the Zoroastrianism principles of Humata (Good Thoughts), Hukhta (Good Words) and Hvarshta (Good Deeds).

A unique vision and the spirit of enterprise

jamsetji-tata

Elsewhere, R M Lala speaks of the spirit of enterprise by quoting the instance when Sir Jamsetji N. Tata traveled all the way to Pittsburgh in USA to realize his dream of building a steel plant in India. In 1901, he met Julian Kennedy, the foremost steel expert, who warned him that even the preliminary investigation could cost a fortune and there was no guarantee of any returns. He suggested that survey of the raw materials be made by Charles Page Perin, the best geologist in America.

In New York, Jamsetji went to Perin’s office who was impressed by the passion and the sincerity of the aging entrepreneur. In April 1903, his partner, C. W. Weld, came over to India to kick-start the process of setting up a steel foundry. Even though Jamsetji passed away in 1904, his vision was brought to fruition and the first ingot of steel rolled out of the Sakchi plant during 1912. World War I broke out soon after and Britain found that the only source of steel for the war effort East of Suez was in India.

Within two months of the War ending, the Viceroy came to the Steel Works at Sakchi, and rechristened it Jamshedpur.

Many of you may believe that the Tatas can grow faster by being more aggressive in existing as well as in green field verticals. But you can not miss the point that tremendous progress has been made already, and never by compromising on the core ethics and values the group companies adhere to. Running the same businesses without this core would be like having living organisms sans their souls.

Succession and moments of mental aberration

Succession in a complex organization which is 148 years old is often a delicate issue.

jrd-tata

JRD is reported to have often joked that the Tata Sons board made him chairman in a moment of mental aberration. While he was anointed thus in 1938, his ascendance was never a cake walk. He took over the baton of the group from his second cousin Nowroji Saklatwala.

To quote Jehangir Pocha:

Inwardly, he was none too pleased with Shapoorji’s “intrusion” into Tatas. He is said to have got even more infuriated when Shapoorji proceeded to buy further stakes in Tata Sons from his siblings, Sylla and Darab Tata. This event has now come back to haunt the group.

JRD himself never spoke publicly about Shapoorji, Darab or Sylla, as was the norm in the days when grace mattered and linen was never washed in public. But he did say in his later years that Shapoorji took advantage of people who were “weak-willed and credulous”.

He surrounded himself with exceptional managers and threw the somnolent group into expansion mode. Tata Chemicals was incorporated in 1939 and became India’s first soda-ash supplier under Darbari Seth. Tata Motors was established in 1945 and nurtured by Sumant Moolgaokar. Tata Steel grew under Homi, and then, Russi Mody. JRD himself was the steward of Air India’s growth, even after its nationalisation in 1953. Naval Tata led the Tata electric companies, and the group’s textile and oil mills.

Fast-forward to 1991, when Ratan Tata took over the reins of the house of Tatas. He then faced the challenge of managing the then existing power structure within the group to be able to assert himself.ratan_tata

Of de-globalization and corporate governance

On the global stage, these are challenging times for many of the group’s business verticals. Brexit and the recent US elections are events which need great attention. Post-2008, the world appears to have entered into a phase of de-globalization. Protectionist barriers are likely to get higher. Right-wing enthusiasts world over are basking in the perceived glory of their resurgence on the global stage. The Mistry fiasco is a distraction the group can surely do without.

The current feud does throw up several serious challenges. One is that of achieving managerial excellence within the framework of ownership by a particular family – something that Tatas have always managed to do so very well. Another is that of articulating the invisible authority lines between owners and professionals. Both these factors need strategic thought from persons of such eminence as your goodselves.

Yet another issue pertains to managing the employees and the business ecosystems as long as the turbulence persists.

Support a business with its soul intact

Tata logo

Allow yours truly to urge upon all of you to think deeply on the issues that the group faces at this time. Go back to your conscience and check if you view your relationship with any of the Tata companies purely through a materialistic lens, or through a lens which also incorporates the kind of values the group stands for.

You are well aware that in many areas of management, Tatas have set the bar very high. Giving back to society. Business strategy. Employee welfare. Women empowerment. Avoiding the bribe traps. Avoiding, but never evading, taxes. Going beyond the mandate.

One would hope that persons of your eminence would choose not to wash dirty linen in public and resolve your differences in a spirit of mutual accommodation. That you shall respect your custodianship role and live it. That you shall conduct yourself in a manner which would justify the trust and faith reposed in you not only by the group but also by the shareholders of the company you happen to be associated with.

That you shall subdue your ego and care for the long term bigger picture. That if your value systems happen to be out of sync with those of the Tata group, you shall quietly withdraw from the eminent position you enjoy on the board of any of the group companies. That, hopefully, you shall support Ratan Tata and his team to protect their turf.

If the differences between you continue to fester, the brand equity of the group might take a short-term hit. However, one has no doubt that, given your support, it shall scale greater heights in the years to come.

One wishes Ratan Tata the best of deliberations to find a perfect professional to steer the group in the coming decades.

(Further reading:
Article by Mr Arun Maira
http://www.livemint.com/Opinion/GOx9Ym0MSLSGwbHb6WSvsO/The-Tatas-and-a-matter-of-trust.html
Article by Mr R M Lala
http://www.thehindubusinessline.com/todays-paper/tp-opinion/in-the-company-of-men-of-steel/article1649373.ece
Book by Mr R Gopalakrishnan (www.themindworks.me)
Six Lenses, ISBN 978-81-291-3587-2)

(Related Posts:

https://ashokbhatia.wordpress.com/2012/12/27/bidding-an-adieu-to-mr-ratan-tata

https://ashokbhatia.wordpress.com/2016/04/04/super-leaders-the-near-perfect-ceos

https://ashokbhatia.wordpress.com/2012/12/09/getting-a-moral-compass-would-be-a-sound-business-strategy-for-india-inc)

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One of the major rewards of being a part of the gang of 1976 has been the kind of strong and resilient bonds of friendship one has been able to forge. Bonds which have survived the harsh slings and arrows of Life. Bonds which are like underground cable connections – dormant, but in place, ready to be reactivated as and when necessary.Panjab_University

Way back in the 1970s, UBS was an integral part of what was then known as the Department of Commerce and Business Management. Students of the Commerce stream would tend to treat the ones from the Management stream with some degree of awe, though laced with not-so-healthy contempt. Some lecturers from the Commerce side regularly put on a tie, trooped down to the ground floor, and shared their wisdom in de-mystifying balance sheets and cash flows with the Management students.

How friends made me gate-crash, cruise through, and then leave UBS

For one of the university management outfits ranked as number one in India then, it could have surely done without having to grant admission to someone of such a low calibre and managerial potential as yours truly.

But fate had other plans. Thanks to some postmen and a bunch of caring friends and well-wishers, yours truly did manage to worm his way into the not-so-hallowed portals of UBS.

Friends made then assured a lively stay on the campus, notwithstanding the dinghy hostel corridors and the tepid food dished out by the canteen contractors.

Friends also ensured that one got evicted from the system in due course of time, despite a Bollywood-style road accident which almost prevented one from taking all the examinations scheduled in the final semester on the campus.

UBS surely heaved a sigh of relief when yours truly boarded an outbound train and headed to one of the metros on a job-hunting spree.

This is how the saga unfolded.

Worming one’s way into UBS

Rewind to December 1973. A nation-wide strike of postmen ensured that a letter from IIM Ahmedabad asking yours truly to attend a group discussion and interview never made its way to me at Delhi University where I was busy pursuing my M. Sc. in Physics.

May 2014 037

In the first quarter of 1974, a similar call letter from UBS was about to be summarily ignored. But two close friends finally managed to persuade me to catch an overnight bus to Chandigarh. My argument – that an important laboratory examination scheduled at Delhi University on the very following day could go for a toss – fell on deaf ears.

When a somewhat groggy me reached the hostel where a 1974 batch friend was staying, the latter was dumbfounded to discover that I planned to attend the group discussion and interview in our national dress – a simple pyjama and kurta. Prompt arrangements were made by him to borrow a corporate style dress. A crash course was conducted on the fundamental particles which govern the technique of participating in a group discussion. Thus, suitably dressed and armed, I was led to the UBS entrance, much like a reluctant lamb about to be slaughtered.

pu-student-center

The rest, as you would put it, is history. By evening, it became clear that UBS had had the misfortune of taking yours truly in its fold, howsoever grudgingly.

Resistance on the family side was gradually overcome. A property had to be liquidated by my parents so that a part of the proceeds could be used to finance my further education. In July 1974, the session began in right earnest.

Cruising through the university eco-system

Surviving the hostel food

The tyranny of the hostel canteen food – a relentless serving of raajma-chaawal ad nauseam – had to be overcome. Late night visits to gobble up greasy omelettes and bread slices topped with half of an Amul butter pack offered at the hand carts opposite the PGI gate were looked forward to. On Sunday mornings, delicious breakfasts served at the nearby PEC canteen were put down the hatch with a flourish.

With the help of a friend, a make-shift cooking arrangement was made in the hostel room of yours truly. Yet another friend pitched in with his procurement and logistics services.

Yummy omelettes followed by senwai-ki-kheer were often whipped up, leaving several of our hostel mates green with envy. Some others, unable to resist the aroma wafting around in the corridor, did attempt to replicate the endeavour in their own rooms, each with a varying degree of success.

The Sholay magic

sholay-poster

After having been through the rigours of Einstein’s Theory of Relativity and mind-numbing formulae of quantum mechanics, management subjects were relatively easy on the grey matter. Routine trips to movie halls boosted up their revenues somewhat. The highlight was the release of the movie Sholay at Jagat theatre. One did not realize then that box-office history was in the making.

A batch mate, ostensibly the only one who ever maintained a car while staying at the hostel, belonged to the family which owned two movie halls in the city, Jagat being one of those. One day, having seen the first day, first show, he came back hugely excited and was all praise for the Hollywood-style pacy, action thriller. So much so that he picked six of his batch mates in his Fiat car to watch the late evening show of the movie.

Much to our dismay, the hall was fully booked. But lo and behold, out came six chairs, placed on the aisle, for this bunch of crazy cine goers , a VVIP treat, courtesy the batch mate.

An exciting time for the automobile industry

The car owned by this particular batch mate was a source of perennial fun for many of the 1976 gang. We had endless sojourns, exciting trips and fun-filled days and nights exploring the City Beautiful and its neighborhood in the Fiat – the then Empress of the road. (The then Emperor being the strong and sturdy Ambassador car). A test model of Maruti was just in the offing, at a price point of Rs. 25,000 each!

MBA 1976

Once in a while, nocturnal visits to Morni Hills cheered us up no end. So were visits to Sukhna Lake, Kasauli and Shimla. Rock Garden was just about beginning to take shape.

Shaping the intellect

The hostel room of yours truly also doubled up as a mini lecture hall. The door of the cupboard served as a blackboard. Classmates who had been busy – either with juicier escapades elsewhere on the campus or had been mentally absent when a lecture was getting delivered – made it a habit of trooping in to improve their intellect.

The trauma and the relief

The trauma of the final semester examinations eventually caught up with us. A friend from the 1975 batch offered to share some of his class notes with us. A mobike trip was made to his house nearby. However, on our way back, a wayward cyclist hit us near the Sector 15 market.

In my whole life so far, this was the first time I experienced a complete erasure of memory and a blackout which lasted a whole night. Much like in a Bollywood scenario, I came to my senses the next morning while reclining on my bed in the hostel room, only to ask in a feeble voice, ‘Where am I?’. Concerned friends had spent their entire night sitting by my side, keeping an eagle eye on my condition. They were quite relieved when I did not ask the dreaded question, ‘Who am I?’

With the final examinations due to start within a day’s time, a process of reverse coaching started, where I was at the receiving end. Groggy, unfocused and in a dazed condition, I was somehow made to take the Business Policy examination. Rest of the examinations followed in quick succession and were a bit challenging to the frayed nerves. End of examinations always calls for a celebration. This one was even more so.

The bonds that linger

These are but some of the memories one cherishes. All of us have a unique story of our own – that of entering, cruising through, and exiting the MBA program of Panjab University. Of the friends we made and the cliques we were a part of. Of the acts we indulged in, whether glorified or goofy.

bacth-of-1976-in-2016

UBS played the role of an airport on which our individual planes taxied for some time and finally took off. Some became entrepreneurs. Some soared to great heights in their chosen career.

Wherever they happen to be, and whatever the time-lapse, the lingering bonds of friendship endure. Regular get togethers are not essential, but highly desirable. These do help us to keep the embers of friendship glowing.

(Inputs from Lalit Kapur and Kul Bhushan Khullar are gratefully acknowledged)

(Related posts:

https://ashokbhatia.wordpress.com/2016/10/01/the-class-of-1976-how-it-managed-to-get-suspended-for-a-week

https://ashokbhatia.wordpress.com/2016/10/09/the-class-of-1976-some-encounters-of-a-musical-kind

https://ashokbhatia.wordpress.com/2013/09/04/an-ode-to-our-teachers

https://ashokbhatia.wordpress.com/2014/06/01/revisiting-the-alma-mater)

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