Tuesday, October 27, 2009

Quotes

These are some of the quotes that are different from the run-of-mill variety that we come across everyday. They are quotes on LOGIC/DATA ANALYSIS/KNOWLEDGE etc, quite relevant. Read it from many Sherlock Homes stories that i have read over a period of time. Excellent work by Sir Doyle.
  • His ignorance was as remarkable as his knowledge.

  • It is a capital mistake to theorize before you have all the evidence. It biases the judgment.
  • You know a conjurer gets no credit when once he has explained his trick; and if I show you too much of my method of working, you will come to the conclusion that I am a very ordinary individual after all.
  • What you do in this world is a matter of no consequence," returned my companion, bitterly. "The question is, what can you make people believe that you have done?
  • I never guess. It is a shocking habit — destructive to the logical faculty.
  • I never make exceptions. An exception disproves the rule.
  • How often have I said to you that when you have eliminated the impossible, whatever remains, however improbable, must be the truth?
  • It is a capital mistake to theorize before one has data. Insensibly one begins to twist facts to suit theories, instead of theories to suit facts.
  • Life is infinitely stranger than anything which the mind of man could invent.
  • "Data! Data! Data!" he cried impatiently. "I can't make bricks without clay."
  • Education never ends Watson. It is a series of lessons with the greatest for the last.
  • We must look for consistency. Where there is a want of it we must suspect deception.

Sunday, July 5, 2009

The boiling frog

Slow change in organisations and even in personal life are more easily absorbed than sudden changes which are resisted. An interesting metaphor to explain.

If you drop a frog in a pot of boiling water, it will of course frantically try to clamber out. But if you place it gently in a pot of tepid water and turn the heat on low, it will float there quite placidly. As the water gradually heats up, the frog will sink into a tranquil stupor, exactly like one of us in a hot bath, and before long, with a smile on its face, it will unresistingly allow itself to be boiled to death.
—Version of the story from
Daniel Quinn's The Story of Boiling Frog

Monday, June 29, 2009

Myopia and Amnesia

Myopia and Amnesia are two problems that plague leaders worlwide.

Tuesday, June 23, 2009

Workers

This is dedicated for professionals who work their guts out to make sure that their bosses get hefty pay hikes and bonusses. I read it in class X and found it apt in professional set-ups.

जो पुल बनायेंगे वोह इतिहास में पीछे ही रह जायेंगे,
पार हो जाएँगी सेना, विजयी होंगे राम, मारे जायेंगे रावण,
जो पुल बनायेंगे वोह इतिहास में बन्दर कहलायेंगे.

Monday, June 15, 2009

Meetings


Saturday, May 30, 2009

Questions and Answers

Just when i think i have answers to life's questions, the bloody questions change.

Saturday, April 4, 2009

Performance Appraisals

In March every year comes that part of the financial year when everyone either gets appraised or is doing a performance appraisal. This is one time of the year when everyone from your boss to his boss has to conduct what they find least pleasing. Nevertheless, being a necessary evil, everyone has his or her own style of performance appraisals. I have myself been appraised by very good and pathetic bosses during the course of my banking career and have thought of some things that one must keep in mind while carrying out an appraisal.

Time-This is probably the only time of the year when someone reporting to you has a chance to voice his or her own opinion about various things in the organization/department. It is important that rather than your tongue doing overtime, the appraisee talks more. Listen to him/her; cajole him/her to speak out. If the appraisee agrees with what you are saying then either you or your department is perfect or they don’t have confidence in you to speak out. Since the former is an illusion, the latter is true in most cases. Ultimately, it is your failure as a boss.

Importance- It needs to be made very clear to each and everyone that the Performance appraisal is not a form filling exercise and that you mean business.


Direction- The performance appraisal is also a time when you give/get directions for the next year. It is important that the appraiser is very forthright and clear in what is required from the appraisee in the coming future. While change is certain, broad guidelines will remain the same. A performance appraisal is not a fault finding exercise and should not be treated as one.

Objectivity-Try and remove any element of subjectivity from the entire exercise, the more objective a performance appraisal is, more meaningful and less painful it becomes. While it may not be possible to remove all subjectivity from the process, it always helps if you are ready with numbers, both as an appraisee and as an appraiser. Even in case of soft skills, be ready with e-mails etc to make it clear of the guidelines given by you at times/alarms raised by you at times. Try and remove your likes and dislikes about the person as much as possible in the process. While this may sound clichéd, however the more it is adhered to, the better is the appraisal process.

Rating: In most of the cases in my professional career, the final word in the appraisal exercise is not the last one. Words like ‘moderation’ ‘bell-curve’ exist in every organization. While it may not be possible to give exact ratings for fear of embarrassment in front of the appraisee at a later date, you need to broadly tell and update the appraisee of where he or she stands. If you have reasonable amount of intellect, this is not a very difficult thing to do.

Finally, this is the time the poor guy after working his guts out throughout the year has been waiting for, it is important that he is reasonably satisfied at the outcome of the process. It is not humanly possible to satisfy everyone at the same time, if you are rational and objective; in most of the cases the objective is achieved. Finally a boss is only as good as his team; the converse is not true, if you need to run your business for the next year as well, try not to de-motivate the poor chap to death but to encourage him to do better.