At one time, Bangalore was famous for its many traffic circles. Some of them were beautiful. Sadly most of them have vanished over time to make more space for the huge increase in traffic on the roads. One that still remains is the Sajjan Rao Circle, a popular landmark for those in South Bangalore. It is in VVPuram and has a host of small eateries which serve local delicacies to customers, some of whom have been frequenting popular haunts like the VB Bakery for decades. Continue reading »
While some of us are ” larks” and are at our best in the early mornings, others are “owls” and come to life late in the evening when it’s time for the larks to call it a day. I am, of course, exaggerating to make a point, but there is a lot of substance in whether you are a “morning” person or an “evening” person. I would venture to suggest that team formation based on people with complimentary tolerances for time are bound to do better in the long run than those where everyone is of one type.
Global travel portal Expedia.com which has 31 million customers globally found in their recent survey that India ranked fourth amongst the vacation deprived on the world. I was not surprised to see Japan on top of the list though I was surprised to find the US at No.2 and Australia at No. 3. I always thought people in the US were serious about their vacations but I guess things have changed with the times.
It was way back in Feb 2008 that I wrote what turned out to become one of my most read posts. It was about ineffective team members. Isn’t it scary that oodles of cash, the best of technology or the hottest product idea get you nowhere if you are not backed by an effective team? A recent conversation with an old friend who is running his own business now highlighted that some things, like ineffective team members, simply don’t change!
Some things change. More people are reading books via kindle, iPad etc than ever before. More business gets done “virtually” through distance conferencing than ever before and so on. Came across Douglas Copeland’s article in the New York Times about ” A Dictionary of the Near Future” which makes for interesting reading. Yet some things don’t change..
Bangalore is the venue for an interesting event relating to technology start ups. On May 29 and 30, SiliconIndia organises Startup City an exciting event for those interested in conceptualizing, forming and running new ventures- particularly in the technology space.
The event has a CEO conclave where very experienced and successful CEOs share their thoughts and experiences on various aspects of entrepreneurship. The event promises to be interesting.
SiliconIndia is a networking portal started by alumni of IITs who have rich experience in the US. It offers its members opportunities to develop networks with like minded people and participate in various professional events such as Startup City
One comes across new acronyms every other day. Recently I learnt of one more which was new- to me. WILB or Workplace Internet Leisure Browsing. A new study that has caught the attention of the blogging world in general and those associated with employee productivity in particular comes from the University of Melbourne.
However, rising staff costs and the appreciation of the rupee, amongst other factors, have affected their average employee productivity. As far as turnover per employee is concerned, only Wipro showed an improved performance from the same period last year.
The average turnover per employee for the 3 companies dropped marginally to Rs 5.75 lakh in the October-December 2007 quarter, from Rs 5.79 lakh in the year-ago period.
Wipro’s average turnover per employee rose to Rs 6.80 lakh in the third quarter of this fiscal, from Rs 6.13 lakh in the year-ago quarter. However, TCS and Infosys recorded a dip in their average per employee turnover to Rs 5.58 lakh and Rs 4.99 lakh, from Rs 5.85 lakh and Rs 5.35 lakh respectively.
The average per employee net profit of the three companies also declined to Rs 1.23 lakh in the latest quarter from Rs 1.30 lakh in year-ago period.
The combined net profit of the three companies rose 19.1 per cent to Rs 3,411.67 crore in Q3 of this fiscal from Rs 2,864.50 crore a year ago.
Their total revenue rose 25.4 per cent from Rs 12,679.73 crore to Rs 15,904.18 crore during the quarter under review.
At the same time, the total employee strength of the three firms stood at 2,76,662 people at the end of December 2007, against 2,19,108 in December 2006.
Are you friendly with those who work around you? If yes, the chances of your coping with stress are much better says a study published in the American Journal of Public Health.
A story in the New York Times speaks of research at the University of Rochester Medical Center. Data was studied data of over 24,000 Canadian workers in 2002. They found that 5 percent of the workers suffered from serious bouts of depression. Notably, men who endured high job strain were two times more likely to succumb to depression than men with minimal job stress. Women who had little decision-making authority had twice the depression risk compared to women with more power.
Employees who feel social support at work are far less likely to suffer serious depression problems. “It’s more than just friendship,’’ said Emma Robertson Blackmore, assistant professor of psychiatry at the University of Rochester and the lead author on the study. “Your family and friends give you support, but because they’re not in your work environment they don’t have the level of understanding that your work colleagues do.’’ Work friends, she noted, “get where you’re coming from.’’
So the next time, some one shares a problem at work or wants your time to talk about something which is bothering them, remember you too may need their time and help sometime.
The Red Zone , according to an article in The Fast Company , is a program started 3 years ago in the Boston Consulting Group to spot and tame chronic over workers. When a consultant averages more than 60 hours per week over any five weeks, he or she is flagged on reports seen by partners and managers.
What is striking is the effort made to get consultants to slow down and reduce risk of burn out in an industry characterized by long work hours.
Of course, hours of work is but one indicator. No one claims that the best achievements are from those who work most.
Do you want to have a variant of the Red Zone in your organisation ?