Successthatlast Nirav Shatru ITM XMBA Batch 41

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    Success That Lasts

    Shatru & Nirav(ITM-XMBA-Batch#41)

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    What is Success ?

    Dictionary :

    The accomplishment of an aim or purpose

    How do you define success?

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    Sustaining success is it possible?

    Are you really a successful if you achieve one or

    many of :

    Material/emotional/spiritual/relations/achievement/

    status all these ingredients for success that last?

    How much is JUST ENOUGH to know that you

    have achieved?

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    Laura Nash & Howard Stevenson

    Laura Nash & Howard Stevenson published a book on their research Just Enough : Tools for Creating Success in Your Work & Life.

    In that they try to suggest 4 essential components/ingredients for aholistic approach for building enduring success

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    SignificanceHappiness

    SuccessSuccessSuccessSuccess SuccessSuccessSuccessSuccess

    LegacyAchievement

    SuccessSuccessSuccessSuccessSuccessSuccessSuccessSuccess

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    Kaleidoscope Strategy

    Laura and Howard suggested a model toachieve same whether it is at personallevel or at business/organization level :

    Kaleidoscope Strategy

    What is Kaleidoscope? How it can beadopted for above 4 ingredients?

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    Kaleidoscope

    An optical instrument in which bits of glass, held looselyat the end of a rotating tube, are shown in continuallychanging symmetrical forms by reflections in two or more

    .

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    Kaleidoscope Strategy for Yourself

    Just like a kaleidoscope, you have tohold this pattern up to the light.

    By regularly assessing the picture you

    are creating in all four chambers, youcan quickly spot holesplaces youfeel require more attentionin youractivities and be assured that you are

    justified in interrupting other work to

    attend to them.

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    Kaleidoscope Strategy for Business

    Businesses prosper when they enable individuals and society to

    achieve all four categories of enduring success

    to pursue the four categories of success and to develop their

    switching and linking skills their ability to shift focus quickly

    from one task to another- will create the conditions for

    commitment, happiness, satisfaction, and continuity in their

    organizations.

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    Kaleidoscope Strategy for Business

    To determine how well your business is performing in the fourcategories of success, consider the following tests:-

    Happiness. Does your corporate culture allow employees to let

    collectively? Achievement. Are your financial victories the reward for genuine

    mastery of important new problems or a numbers game with no realresults?

    Significance. Does your product or service create real value for

    others? Legacy. Are you preparing the organization for the next generation

    of success by investing in people, innovation, customer needs, andsystems?

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    A good place to work is no accident but Googlers are allowed to slip now and then. It is part of the'Googliness' that all employees must have in their DNA

    "Failure is encouraged here," software engineerDeepak Raghuwanshi says. He recounted thatlearnings from misses in product development to bad canteen food are taken up with equalamount of participation.

    "It feels like working in a start-up where there are no boundaries and the mission is to have oneGoo le moment a da " sa s Ra an Anandan VP India Sales & O erations.

    "We are obsessed with the user," says Kiran Bapna, Senior Manager, New BusinessDevelopment. She was unsure if she could continue working after bearing twins but was asked toset her own pace.

    "It was very different to be allowed to work in any team you want, ask for role changes, which maystretch to other geographies," says Raghuvanshi

    The recruitment process is being shortened and the task is to think local and go beyond search,

    says Sunil Malik, HR head of Google India. "The well-rounded and adaptable ones are morewelcome than those who may be experts but cannot work in a team," he says.

    Source : Economic Times : Best Companies To Work For 2011 in India

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    "There are no right or wrong answers in our interviews, it depends on the situation," R Anish, HRDirector of South Asia, Intel, says. The interviewee is given case studies and gauged on how hewould react to that situation.

    A foot inside Intel is not the result of mastery over the art of making motherboards. Adaptability,openness and an ability to speak in acronyms is a must. At every stage, there are focus group discussions.

    'Anubhava', a programme where managers they share their 'Best Known Methods' everyquarter

    CAIR (Careers At Intel Realised), where employees are provided with resources, tools and.

    Some, for instance, are seen solving math problems on online tutorials for their colleagues'children. 'Arambh' bring in the new employees to Intel with all the paraphernalia intact, including setting

    up their workstations All managers are made to interact with the newcomers who get to knowtheir company and its brass on the very first day.

    Peer recognition : 'well-done mail' from the global head had been once sent to a worker forhelping a newbie settle in with her new BlackBerry.

    During the slowdown, Intel gave a cheque of $1,000 to every employee. "Getting the right talent onboard who want to hone their technological and leadership skills instead of changing jobs, is a task,"says Praveen Vishakantaiah, President, Intel India.

    Source : Economic Times : Best Companies To Work For 2011 in India

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    A line of business heads come up with revenue projections for the subsequent year, which is thengiven to finance for compilation and vetting. "This ensures a lot of ownership of KRAs," pointsout Rohit Hasteer, Head of HR at the Rs 274.50-crore travel node.

    And ownership, as Founder-CEO Deep Kalra firmly believes, cannot happen without fun at work."If you're having fun, you'll give more," he says, rattling off a clutch of fun-filled activities in thecompany that makes it a buoyant workplace.

    Autonomy is the fulcrum that steers the ship at makemytrip. Take the case of the 32-year-oldVenkatesh Chennaraj. I'm an entrepreneur managing a Rs 20 crore business without anyinterference," he says.

    With a $4 million acquisition in Singapore and more in the pipeline, the company is also flankingitself out, empowering its workforce to manage such centers

    "Not very many websites do 2,000 transactions a day and in the online product space, it is rare for

    a 20-something to run the business, which happens only here," points out Chief Products OfficerAmit Somani.

    Source : Economic Times : Best Companies To Work For 2011 in India

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    Conclusion : Getting to JUST ENOUGH for enduring success

    leading Nirvana

    If you have a firm idea of the big picture in your kaleidoscope of

    success, it becomes easier to determine and appreciate enough

    in any one activity. Without losing your energy for high aspirations,

    you set reachable goals. Just enough is the antidote to societys

    addiction to the infinite more.

    It is a Journey

    When defining your success, remember this important thing.

    Success is a journey. It has multiple peaks and not one ultimate

    pinnacle. One success builds on another. Setbacks and mistake

    will also help you build success. At different periods of your life,

    success is defined differently.

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    Reference

    Success that Lasts

    by Laura Nash & Howard Stevenson, HBR

    Economic Times : Best Companies To Work For 2011 in India