Friday, October 16, 2015

Importance of Team and Team Leader


We all are familiar with the term team. What is a team and what are its characteristics and how to lead a team is importance for any business organization. The growth of both individual and the company largely depends upon the success of the teams involved in its various goals and objective.
I have seen that companies that organize their workers in teams can improve their productivity and identify new approaches to achieving company goals. Therefore I would like here to focus on the characteristics and qualities of effective teams.

Defining Team
One of the many ways for a business to organize employees is in teams. A team is made up of two or more people who work together to achieve a common goal. Teams offer an alternative to a vertical chain-of-command and are a much more inclusive approach to business organization. Teams are becoming more common in the business world today. Effective teams can lead to increased employee motivation and business productivity.

I have worked with large and small organizations, big and small brands, established and startups companies and found the following ten cardinal points for success of team and team leadership.

1) Don’t criticize or complain about people.
It is easier to criticize and hard to appreciate. It is easy to complain and tough to motivate. It needs a leader to avoid criticizing and complaining. Therefore start appreciating today, accentuate the positive and utilize mistakes as opportunities for continued improvement
2) Praise improvement, even minor improvements.
Praising is a leadership attitude. Even small praising words do a lot of improvement in a team member. if you focus on using positive reinforcement rather than negative actions like threats and fear tactics most people want to do the right thing, which means you will find far more success in leading a team.

3) Give honest and sincere praise and appreciation.
All people deeply desire significance. One of the easiest ways you can help fulfill desire that is by offering honest and sincere praise and appreciation whenever possible.
4) Encourage other people to talk and be a good active listener.
Team member want to be heard, really heard, and not patronized. Oftentimes, instead of listening to someone in a conversation, people are really just waiting for an opportunity to speak. If you will listen you will also be heard and when you are heard, you are a success.
5) Make others feel important.
Everyone’s favorite primary subject is themselves, its human nature. Nobody likes to feel ignored and unappreciated. So make them feel important
6) Be sensitive to people’s pride and let them save face.
The simple fact is that all people are prideful creatures. If you can offer criticism or disagreement in a manner that allows them to save face, they’ll be much more willing to cooperate and work with you. Don’t find fault in front of others.
7) Be respectful of other people’s ideas and opinions.
Try to see things from their point of view. When you try to understand another person’s point of view you may find that you learn something. But even if you don’t, you will still find it much easier to respect the people with whom you disagree.
8) If you are wrong, be honest and humble enough to admit it.
As a team leader you can also commit mistakes. At times your decision too can get wrong. In such a situation, admit your mistakes humbly. If you’re honest and humble enough to own up to your mistake, you will gain the respect of those you work with.

9) Set a high bar for people
Let your team member know you believe in their ability to succeed. Set a high bar for your people, believe in them, communicate that to them and be amazed at what they can achieve.

10) Follow the greatest leadership rule ever given
Great leadership isn’t about bossing people around; it’s about inspiring and guiding people towards a common goal for everyone’s benefit. Build your team up, give them credit for their work, praise their efforts and reward them when they succeed.

    There is a saying that states “Be the change that you want to see”, we can adapt that to this discussion by saying “Be the leader that you would want to lead you”.


Importance of Communication skills in Business Scenario



Any organization runs on communication. If communication fails, organization fails. If communication fails, business fails. If communication is not up to the mark, results will not be up to the mark. Therefore,  Communication is important to businesses as it helps everyone tackle their daily operations efficiently. Without Effective Communication in Business, the external and internal structure on a business will crumble.

Overall productivity increases when managers and employees communicate clearly among one another. When communication is poor, managers and employees waste a lot of time because no one understands the tasks. However, when managers discuss tasks clearly, employees tackle projects faster and more effectively. Good managers offer comprehensive training to ensure each employee has the opportunity to succeed.

According to a leading CEO Richard Fertig, “Communication Training (in business) is critical.  In order to ensure top performance, everyone needs guidance and development of skills that may have never been tested at peak performance.  A company that spends time training and educating their employees is promoting and developing their communication skills and likely building a loyal team.”

Primarily, there are two types of communication. One way and two way communication.

One-way communication occurs when a business owner sends messages to customers or employees. Billboard ads, magazine ads, and newspaper ads are examples of one-way communications.

Two-way communication occurs when clients respond to businesses ads. An example of two-way communication is social media marketing. Two-way communication is popular because it helps business owners build strong relationships with their customers.
Both types of communication are literally an art , which can be mastered through training and practice. There are several professionals organizations which help professionals and students mastering the art of communication.

In the modern times, verbal and non verbal communication has gone a paradigm shift. While spoken communication is important in sales, presentation and meeting, non verbal communication or say written communication is equally important to get the message communicated across the table.
One of the modern forms of written communications is Email communication and it has become important tool in overall communication scenario.

There is one professional institute Ride for Pride, that help professionals in developing business communication skills and provide them with professional communication skills, that ultimately help in individual growth as well as help organizations attain their business growth.

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Important of Email Communication in business



Email helps business owners share basic information with their employees, such as security precautions, lunch prices, and office guidelines. Managers appreciate that they can send messages to all employees instantly. By emailing messages digitally, businesses save a lot of money on printing supplies.
Proper Email benefits employees and management too. Whenever there are company policy changes, everyone must understand the reasons why the changes were made. By sending out a company email, everyone will receive the policy changes within a matter of minutes.
If any business relies on teamwork, proper communication is the key to efficient collaborations. Everyone must listen to ideas and specific business needs and goals. If you communicate clearly with your employees, they will respect you. As a result, everyone will contribute to the growth of your company.
Email Communication also helps business owners build strong relationships with their outsourced providers and suppliers. By outlining your expectations and company requirements, your business can avert many shipping issues. In addition, you can implement major changes easily by communicating with your suppliers by email.
I have personally seen that how a poor email can ruin orders, business. But you can improve your email writing skills. Ride for Pride is one of such institutes which help professionals learn the art of email writing skills. Here are some general tips I’d like to share with you:

1. Subject Line

Always have a subject line that summarizes briefly and clearly the contents of the message (example: Re: Summary of Our Meeting with VRS Internationals).

2. Simplified Sentences

Don’t make your email look overcrowded by trying to use too many technical terms or long words. It is always good to write simple sentences to ensure that they are easy to understand. The most common mistake that many of our students make is to translate directly from their own language. This can often lead to confusing sentences. So let;s write simple.

3. Think of who your reader is going to be

Is it a colleague, a client or your boss? Should the email be informal or formal? There is fine difference between informal and formal email communication. Note the difference between Informal and Formal:

Informal – Thanks for emailing me on 15th February
Formal – Thank you for your email dated 15th February

Informal – Sorry, I can’t make it.
Formal – I am afraid I will not be able to attend

Informal – Can you…?
Formal – I was wondering if you could….?

 Some emails to colleagues can be informal if you have a long working relationship and know them well. This is the style that is closest to speech, so there are often everyday words and conversational expressions that can be used. For instance, ‘Don’t forget’, ‘Catch you later’, ‘Cheers’. The reader may also accept or overlook minor grammatical errors in informal emails.

However, if the email is going to a client or senior colleague, bad grammar and an over-friendly writing style will most probably not be acceptable.

4. Be very careful of capital letters, punctuation, spelling and basic grammar

While these can be tolerated in informal emails, they are very important in business emails as they are an important part of the image you create. Give yourself time to edit what you’ve written before you push that Send button. In today’s busy world, it’s very easy to send out many emails without checking them thoroughly: as an English learner, you should make a conscious effort to double check before sending.

There are several professional institutes that help you learn basic language skills and Ride for Pride is one of such institutes.

5. Be positive!

The words you use show your attitude to life, so choose your words wisely.
Look at these words: helpful, good question, agreed, together, useful, I will do my best, mutual, opportunity.
Now look at these: busy, crisis, failure, forgets it, I can’t, it’s impossible, waste, hard.
Now you yourself understand which words you would like to use.

6. Get feedback from mentors

Try and get some feedback on the emails that you write. This could be from your English Teacher or someone you know whose English is at a good level. The best option is to go to some professional training institute in English language like Ride for Pride to hone up your skills.  Use Grammar Checkers to proofread your writing instantly.


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What to do and what not to become a Better Public Speaker



“I don’t like the spotlight.”
“I’m naturally shy.”
“I get tongue-tied in front of a crowd.”
“My face turns bright red when I stand up to present.”

These are the common responses by most of the speakers that we see them everyday. These are nothing but the relfex of public speaking anxiety, which can stop your growth, steal away your friend.. and you can miss the lifetime opportunity.
But you are fortunate that you come across this piece of writing in which I will tell you some of the Dos and Don’ts of public speaking.

What to do ! 
Know your material
The absolute best way to overcome your fear of public speaking is to practice, practice and practice some more. I’m not suggesting memorizing, but at least become very familiar with your main points. If pressed for time, spend a minimum of 15 minutes getting your introduction nailed. Most people are the most nervous at the beginning.
Yoga breathing
This is something you want to do just before you get up on stage. Take three, deep belly breaths. Slowly inhale through the nose for a count of 10-to-15. Hold for 15 seconds, and then exhale through your mouth slowly, again for a count of 10-to-15. Repeat three times. This helps to calm your nerves and put you at ease before you begin.
Find the friendly faces
Even if you have to “plant” someone in the audience when it’s an important presentation, look for the face that’s smiling and nodding. It’s all about building your confidence. The goal is to win over the fear. But don’t focus on them until you’ve hit your stride!
Keep in mind your audience wants you to succeed.
We all think about ourselves when we’re presenting instead of thinking about the audience. We’re worried about forgetting something or stumbling over our words. The audience isn’t aware of what you planned to say. And every single person watching you wants you to be good. They’re rooting for a strong, snappy presenter, who’s not boring. They are not looking for your faults. They want you succeed. So look into their eyes and present yourself.

What not to do!

Don’t Avoid Preparation
Don’t avoid the practice. By avoiding preparing, you don’t have to do anything, including facing the fact that you have no idea what you’re going to talk about or—more importantly—how to make it interesting.
Don’t daydream
Instead of actually preparing or practicing, it helps to delude yourself into thinking that you’ll be great. Before each presentation, I spent countless minutes daydreaming about how comfortable and eloquent I’ll be, and how the audience will love it and ask interesting and engaging questions at the end..
Don’t Over react, be natural
Since, by the time it comes to actually give your speech, you’ve been too busy avoiding and deluding that you won’t have practiced; you’ll need to wing it. Don’t worry, it’s always best when speakers are natural, so just relax, act natural and see what comes out.


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Saturday, October 3, 2015

Effective speaking is important for professional growth

As you know, we have to speak every day in our professional life. Whether it is speaking with our colleague, sales meeting or presentation before clients or superiors, we need to be equally effective. Speaking skill is key to success in professional life. It adds to presentation skills, selling skills and overall growth in the organization. Therefore you may be in any industry, any organization, any designation, effective speaking will help you grow.
Effective Speaking is combination of sound of voice and content of the speech. Effective speaking must have a perfect balance of subject, delivery, variety and individual’s style and the emotional quotient of the speaker.
Your voice is unique. May it be gifted, it may not be. Whatever voice you have, you will have to make it effective. By training with Ride for Pride, you can make your voice perfect for your presentations. We help make your voice as per your need and of course, you will have to practice with us. With our training you not only polish your voice but also develop your self esteem.
Aspects of Effective Speaking
Concept of elocution is a thing of past. Effective speaking is much more than simple elocution. Effective speaking is how you able to speak in a public context with confidence and clarity, besides reflecting on your own personality. The major aspects of Effective Speaking are accents, familiarity with voice, and effect of breathing on voice and speech and vocal production.
Accents
You accent may be different. You accent may not be perfect. Your accent may be having the regional flavor. But such issues are taken care by practice and training.
Finding your voice
It is important to get used to the sound of your own voice.  Some of us relaxed in a private situation but in public they are not the same. We help you understand your voice and gain your confidence.
The Effect of Breath on Voice and Speech
For effective speaking you must have control on your breathe so that you speak effectively. It is possible to use physical exercise to help produce a more flexible voice and we at Ride for Pride help you take professional lessons in perfecting voice sounds.
 Vocal Production
Three core elements of vocal production are volume, clarity and variety which make your voice effective. It should have perfect synchrony between volume of voice, clarity of speech and variety in expression, which can me perfected at Ride for Pride.
 
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Friday, October 2, 2015

Importance of Presentation Skills to succeed professionally



What amazes us after board meeting or product launch session, we continue with the talk of presentation made by the directors or project managers. The success of any meeting or launch ceremony largely depends on the presentation skills. Presentation skills not only help the presenter to put his point forward but it helps in winning competition and get competitive edge.  Therefore presentation skills are extremely essential for you to succeed professionally.

In today’s business environment when the competition is too high t workplace and in the industry as well, presentation skills enhances the chances to consolidate and enhance its capability. Therefore if you are able talk well, write well, and present yourself attractively to your superiors, it gives you the competitive advantage. What better way to let other people know what you’re capable of than by presenting a great idea or a plan during a meeting. However, you need to have the necessary presentation skills to succeed in this endeavor.

The most important element during a presentation is “you”. You are the one that the audience is concentrating on. You convey who you are based on your body language, your speech, and your overall mannerism. Every gesture, movement, or even a facial expression you use reflects your personality. So it is important for you to know which gestures or movements you usually do and what should be avoided. However, the most important thing is for you to feel comfortable during a presentation because it is then that you can perform at your best.

The content of your presentation is also essential. It does not matter if you are the most attractive person in the room with the personality to match it if the content of your presentation itself means nothing. So you should prepare an in-depth and comprehensive study of the topic you are assigned and present it in an intelligent and confident manner. It is only then that people can say that you are really indeed, a great worker or business owner. Therefore it is important skill to develop the apt content for the presentation.

You should take note though that the main purpose of the presentation is actually communicating to the audience. If you really want to improve your presentation skills, the first thing you should concentrate on is how you can communicate effectively with the listeners.
Remember that the key to have good presentation skills is not only though the transmission of the message but through the reception of the message as well. The whole content of your presentation should be centered on catching the attention of the audience and keeping it; they should be persuaded of the merits and the benefits of what you had presented.

Developing presentation skills and giving an effective presentation is not an easy matter. It is said that some people are born with presentation skills but you should also remember that presentation skills can be learned. And take note that presentation skills can be developed further when it is being practiced regularly so develop your presentation skills and become an expert. And at Ride for Pride, we make you prepare an excellent presenter in you.


Effective Communication skills at work place lead to faster growth

Communication skill is one of the major personality attributes.  The importance of communication skills are listed in the top management or job skills which predict both employee and employer satisfaction.
Poor communication skills leads to frequent job switch, poor employer satisfaction, lower motivation and slower growth.
The workplace generally has a highly stressful environment. Good communication skills are vital in helping you to work effectively, build solid relationships and prevent unnecessary misunderstandings, and navigate day-to-day deadlines. It helps in employee’s motivation, organizations growth and also individual’s growth.

So what constitutes effective communication skills? The major constituents of communication skills are listening, empathy, patience, clarity, positivity and self improvement. Lets understand them in short.

Listening
Good listening is an integral part of communication. Communication is nothing but the exchange of ideas and information. Listening can help ensure you know what everyone is thinking. When someone is speaking, focus on their face rather than letting your eyes wander, and if appropriate, take notes.

Empathy
The workplace is about teamwork, so in order to work effectively, it’s essential to be open to the opinion of others, and to understand their position on any given issue. It’s about give and take. Putting yourself in someone else’s shoes is often a good way to improve workplace communication skills.

Patience
We suggest never rushing what you say. Be calm and quite while making your point. Similarly, if you’re impatient for others to get to the point, you are more likely to lose focus, and not hear what they are saying. For good communication, it’s important to be methodical. Take points one at a time, both when talking and listening.

Clarity
When you speak to others, whether they are colleagues, clients or your boss, you are wise to be direct. Never show uncertainty in making point. If you dither around the point, or are uncertain with what you are saying, others are less likely to listen to you.
Before heading into a meeting, write down exactly what you need to say, and make notes in point form, which you can refer to if needed. This will help ensure you stay focused, and not miss anything important.
Clarity is vital in ensuring others understand what they are to do.

Positivity
Maintaining a positive attitude at work is not always easy, however anger and bitterness are not only negative emotions, they can contribute to misunderstandings and conflicts at work. Try to view problems and difficulties as challenges, and look at ways at overcoming them, rather than letting them become a major, ongoing burden.

Self-improvement
Confidence and good communication go hand in hand. Many people aren’t naturally gifted speakers. It takes practice to improve both written and verbal communication skills in the workplace.

Effective communication in the workplace is within grasp of anyone. At Ride for Pride, we make you practice soft skills like listening, patience, clarity, positivity and self-improvement, and you’ll find yourself much better position to work well, and help your workplace run smoothly. It leads to your individual growth faster.  

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Guide to Double Your Salary




It may look impossible to double the income but yes you can do it... and doing so is not impossible or too tough. It is simple and simple as you are reading this article. All that we have to do for the same is to make little effort to develop our personality to next level... improve our communication skills.. Make interpersonal skills softer... polish your selling skills and add shine to your presentation skills... and believe me it is possible with us... at Ride for Pride. 

Here we present some practical tips that will help you to dramatically... increase your income in the same job...in the same company.. in the same job profile... wonderful, isn't it! 
In an organization, at the one level ... everyone has naturally the same level of talent. but you can manage to get the edge by developing your personality at the next level. A well groomed and developed personality takes better and faster decisions, takes new initiatives, which help you become unique among others in the organization. Therefore, you must identify and enhance your specific skills and increase your value for the organisation. And trust me ... it will help your income grow.  
Being able to communicate effectively is the most important of all life skills. Communication is simply the act of transferring information from one place to another, whether this be vocally (using voice), written (using printed or digital media such as books, magazines, websites or emails), visually (using logos, maps, charts or graphs) or non-verbally (using body language, gestures and the tone and pitch of voice). If you are able to improve your verbal and non verbal communication skills, you will increase your value for the organization. Developing your communication skills can help all aspects of your life, from your professional life to social gatherings and everything in between.  The ability to communicate information accurately, clearly and as intended, is a vital life skill and something that should not be overlooked.  It’s never too late to work on your communication skills and by doing so improve your quality of life.

When you are thinking of doubling your salary, you must consider one thing that you should be a good public speaker. You must improve your talent to speak in a group with clarity and authority. For this, you need to expand your knowledge on the subject; you must be always ready to take up the initiative and challenges. This will not add to your value for the organization, but also add to your personality.  In other words you can say that public speaking is a part of communication skill and over all personality development.
If you are conscious of your interpersonal skills, you will understand the importance of going beyond your job description. Being humble doesn’t mean a weak personality. You can always humbly make suggestions to improve organizations operation, performance. Your gesture is very important that you are always willing to take up new assignment and help the company in whatever way necessary.
 You must improve your selling skills. This will help in promoting yourself. Promote yourself as an expert in your profession or offer additional products or services to justify your value in the organization.
While there is no simple way to double your income overnight, the above suggestions can serve as guidelines for increasing your income in the shortest time possible. These ideas, along with your hard work and dedication, will help your income increase. 

And of cousre, Ride for Pride is there for you to help you out in improving your personality and increasing your income.  


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Sunday, September 27, 2015

8 Ways to Motivate Yourself

Motivation is one of the most crucial resources to attain a goal. If all the other resources like money, material etc are lying with you, and you lack motivation to execute that work, you will never achieve that goal. 
Right motivation give you a good start to achieve the said goal and build momentum to get going. Here are Eight Specific tips for starting out and achieving the goal: 
Start small
Every mission begins with a small step. It’s one of the most important tips in motivating yourself toward a goal. Don’t start out big! Start out with a ridiculously easy goal, and then grow from there. If you want to exercise, for example, you may be thinking that you have to do these intense workouts 5 days a week. No — instead, do small, tiny, baby steps. Just do 2 minutes of exercise. I know, that sounds wimpy. But it works. Commit to 2 minutes of exercise for one week. You may want to do more, but just stick to 2 minutes. It’s so easy, you can’t fail. Do it at the same time, every day. Just some crunches, 2 pushups, and some jogging in place. Once you’ve done 2 minutes a day for a week, increase it to 5, and stick with that for a week. In a month, you’ll be doing 15-20. Want to wake up early? Don’t think about waking at 5 a.m. Instead, think about waking 10 minutes earlier for a week. That’s all. Once you’ve done that, wake 10 minutes earlier than that. Baby steps.
One goal

Too many people start with too many goals at once, and try to do too much. And it saps energy and motivation. It’s probably the most common mistake that people make. You have to choose one goal, for now, and focus on it completely. I know, that’s hard. Still, I speak from experience. You can always do your other goals when you’ve accomplished your One Goal.

Examine your motivation
Know your reasons. Give them some thought … and write them down. If you have loved ones, and you are doing it for them, that is more powerful than just doing it for self-interest. Doing it for yourself is good too, but you should do it for something that you really want to happen, for really good reasons.

Really, really want it. 
It has to be something you’re passionate about, something you’re super excited about, something you want deeply. Make sure that your goal meets these criteria, or you won’t stick with it for long.

Commit publicly 
None of us likes to look bad in front of others. We will go the extra mile to do something we’ve said publicly. I couldn’t back down, and even though my motivation came and went, I stuck with it and completed it. Now, you don’t have to commit to your goal in your daily newspaper, but you can do it with friends and family and co-workers, and you can do it on your blog if you have one. And hold yourself accountable — don’t just commit once, but commit to giving progress updates to everyone every week or so.

Get excited
Well, it starts with inspiration from others but you have to take that excitement and build on it. I get excited about a goal. Once I’ve done that, it’s just a matter of carrying that energy forward and keeping it going.
Build anticipation 
This will sound hard, and many people will skip this tip. But it really works. It helped me quit smoking after many failed attempts. If you find inspiration and want to do a goal, don’t start right away. Many of us will get excited and want to start today. That’s a mistake. Set a date in the future — a week or two, or even a month — and make that your Start Date. Mark it on the calendar. Get excited about that date. Make it the most important date in your life. In the meantime, start writing out a plan. And do some of the steps below. Because by delaying your start, you are building anticipation, and increasing your focus and energy for your goal.

Print and paste your goal
Print out your goal in big words. Make your goal just a few words long, like a mantra and post it up on your wall or refrigerator. Post it at home and work. Put it on your computer desktop. You want to have big reminders about your goal, to keep your focus and keep your excitement going. 

C R Arun 

Tuesday, September 1, 2015

Pick up ten habits of successful entrepreneurs



I will not waste much of your time on introducing about the various traits of successful entrepreneurs but explore the nine habits of go-getters. You can pick them up and make a great startup.

1. Action-Oriented

Entrepreneurs are action oriented. They don’t sit back on any idea or passion. But they initiate immediate action. Failures don’t dishearten them because they are quite convinced about their idea. They make it happen. While it may take years and several missteps for their idea to become a reality, they are constantly working on how to do so, instead of worrying about their uncertain future or drawing up contingency plan after contingency plan.

Being action-oriented is also a trait that hosting startup because "being in a startup requires action, you have to work yourself to the bone day after day to succeed in this world."

2. Make People Happy

Entrepreneurs don't have ideas or launch a startup just to make millions of dollars or inflate their egos. They want to make people happy. They want to develop a product that the market wants and needs to make their lives more convenient. They want to make sure that their team members succeed.

3. Proactive

According to Chris Kemper, CEO of investment group Palmetto, “They keep their eyes and ears open for an opportunity to capitalize on,". Entrepreneurs are always looking for new ideas and concepts to improve upon. In other words, they're proactive. They are aware of a change and make it happen before they have to respond to it.

4. Stay Healthy

While we should all eat a balanced diet, exercise, and get enough sleep, entrepreneurs take this to a whole different level. This doesn't mean that they're hitting the gym for several hours a day; it just means that they're aware of how not being healthy can harm productivity. And, they make sure that they can squeeze in the time for moderate exercise daily.

5. Be Honest

One of the many approaches presented in startup is honesty. If an entrepreneur discovers that the market doesn't want the product or that he or she can't complete a deadline, it's better to be honest with team members, investors, and customers instead of lying to them. How can they trust a liar in the future?.

6. They Build Teams

Entrepreneurs build teams to help them expand their business. They realize that it's not a one-man show and that they have to surround themselves with talented, like-minded people to fill in the gaps. And they also realize that you can get your best ideas from team members.

7. Wake Up Early
Not everyone is a "morning person," but most entrepreneurs will tell you that waking up early gives them the opportunity to plan out their day, avoid distractions, send out emails, catch up on the news, exercise, or just relax and gather their thoughts. So far, this habit seems to be working for successful people .

8. Ask Lots of Questions
Whether it's self-reflection or asking their audience what they want, entrepreneurs ask a lot of questions. Asking the right questions can guide entrepreneurs into the direction that they want to follow.

9.  Punctual

Being punctual is the most important habit for entrepreneurs. When an entrepreneur is on time for a meeting, phone conference, or completing a deadline, it establishes trust and proves to partners, investors, and customers that this is someone they can deal with. Warren Buffet never get late.

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Leadership guide for startup entrepreneurs



If you are looking to become an entrepreneur and run a startup, you need to have be an effective leader. You should have basic understanding of leadership qualities and make them effective in running your startup.
As an entrepreneur, you are going to face different kind of tricky situations every now and then. In such situations, your leadership quality will be your asset. At times you will have to motivate your workforce to deliver results in tough deadlines, at times you will have to control over your resources, at times you will have to convince your subordinates, and in such situations, your leadership skills will guide you to success. You must have clear vision about your startup, its goal and objectives and your priorities. Any lack of vision or priority will be going to affect the success of your startup.

You must have the following skills that will establish your leadership and help your startup grow.

Skill #1 – The ability to develop a compelling vision
People don’t always get behind leaders, but they almost always respond to compelling, disruptive visions that have the power to transform common personal and business processes.
So if you don’t embody the stereotypical “leader” role – don’t worry.  You can still grow a startup based on the strength of your vision.  And if you do think of yourself as a good leader, it’s important to keep in mind that it isn’t necessarily you personally that people are responding to – it’s likely your ideas that keep your followers on your side.

Skill #2 – The ability to clearly recognize your company’s strengths and weaknesses

Good leaders, on the other hand, spend time carefully assessing the strengths and weaknesses of their leadership styles, the companies they manage and the teams they lead.  By knowing where the company and its resources are strongest, they’re able to plan strategic moves that capitalize on their unique combination of advantages.  And by being able to isolate weaknesses, they’re able to address deficiencies that would otherwise prevent the company from moving forward.

Skill #3 – The ability to “get the right people on the bus”
The smartest leaders recognize that they alone can’t solve all of the world’s problems (or even all of the issues confronting their singular startup companies).  That’s why they make it a priority to bring on team members that fill in their weaker areas.

Skill #4 – The ability to adapt based on feedback


In my opinion, one of the worst things you can do in business is to assume that you’re always right.  Real leaders know that input from employees, customers and other business contacts is always valuable – even if it isn’t always acted upon.  So if you aren’t currently encouraging and embracing this type of feedback in your startup, make it a priority to start doing so today.  You never know what ideas will come up if you’re simply open to them!

Skill #5 – The ability to execute
As your startup’s leader, it’s up to you to put the focus on execution when necessary.  Lastly, keep in mind that if you can’t execute, it doesn’t matter how strong your vision is, how good your team is or how open to feedback you are.  You have to be actively delivering your product or service for your company to be successful!

No matter what kind of leader you are or want to be, improving these particular skills will go a long way towards making your startup successful.

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Tuesday, August 25, 2015

What is Organizational Morality


The classical view of organizational responsibility is best illustrated by Adam Smith's (1937) belief that an "invisible hand" directs all activities towards the public good, and that the responsibility of an organization was only to maximize profits within the constraints of the law. 

The free market system was seen as a self-controlling mechanism, whereby an organization producing the best goods and services would prosper. Any interference with the free market system was viewed as an affront against the best interests of society.

The accountability concept states that organizations receive their charter from society as a whole, and therefore their ultimate responsibility is to society. Environmental and worker protection laws reflect the belief that maximization of profits is secondary to the health of society. The extensive proliferation of laws restricting business demonstrates a growing skepticism concerning the morality and ethics of corporate management.

Some theorists believe that organizations have the social responsibility "to take actions which protect and improve the welfare of society as a whole along with their own interests" (Davis and Blomstrom, 1980, p. 6). Others take a more narrow approach, and believe that social responsibility extends only to "social problems caused wholly or in part by the corporation" (Fitch, 1971, p. 38).

Linda Stark (1989) discusses the five stages of corporate moral development, although she is quick to point out that progression through the stages is neither linear or one direction. An amoral corporation pursues profit at any cost. A legalistic corporation follows the letter of the law, but not the spirit. A responsive corporation makes ethical decisions based on long-term economic decisions. An emergent ethical corporation recognizes its social responsibility and balances ethics and profitability. The ethical corporation places social responsibility at its center and bases its existence on ethics.

Environmental awareness has evolved to become a major ethical consideration in many corporations. During the 1950's, science and technology were viewed as the answer to the world's problems. The ecological ramifications of that era became apparent in the 1960's. The 1970's began with the organization of the first Earthday. The Environmental Protection Agency (EPA) and the Occupational Safety and Health Administration (OSHA) were created to monitor the environment and worker safety. During the 1980's, many corporations began to take proactive conservation measures. Environmental considerations began to be addressed at the manufacturing level so that harmful materials and waste were minimized or removed from the production process. 

Citizen action groups became increasingly effective in forcing corporations to examine their environmental impact. In the 1990's, many corporations have adopted the policy of "sustainable development." The key issue is that environmental protection is one of the highest priorities of every business.

Wednesday, August 19, 2015

1.25 lakh crore package for Bihar

Here are the details of the recently announced package for Bihar. This will lead Bihar into an era of growth or just prove an election gimmick, time will tell. However PM has said that Bihar has unlimited potential and it is a known fact to all. But one thing is for sure, return of Lalu Yadav will take Bihar in an era of lawlessness. 
Details of the Bihar Package announced in the backdrop of elections. 
SectorsAmountHighlights
Farmer’s Welfare Rs. 3,094 cr·Up-gradation of Rajendra Prasad Agriculture University to Central University, creation of new Research Centre·Development of FisheriesFarm water management, Storage capacityFarm mechanisationSeed production systems
·Construction of new Godowns for foodgrains
EducationRs. 1,000 cr·Central University near Bhagalpur
·IIM at Bodhgaya
Skill DevelopmentRs. 1,550 cr·Establishment of Mega Skill University·Training of 1 lakh youth
HealthRs. 600 cr·Up-gradation of 3 medical colleges at Patna, Bhagalpur, Gaya
ElectricityRs. 16,130 cr·1,300 MW new power plant at Buxor
·Electrification of villages under Deen Dayal Upadhyay Gram Vidyut Yojana (sufficient for farms, uninterrupted for homes)
·Electrification of townscities under Integrated Power Development Scheme
Rural RoadsRs. 13,820 cr·22,500 kms of Rural Roads
HighwaysRs. 54,713 cr·2,775 kms of National Highways (four-laning and widening)
·Construction of Bridges (across Ganga, Sone, Kosi)
·Construction of 12 Rail overbridges
RailwaysRs. 8,870 cr·Doubling and Tripling of 676 kms of Railway line·Electrification of 574 kms
AirportsRs. 2,700 cr·Construction of new airport at Patna
·Development of airports at Gaya, Raxaul, Purnea
Digital Bihar Rs. 449 cr·Software Technology ParksRural BPOs, Training Centres
·1,000 new Mobile towers to increase coverage and quality
·30 WiFi hotspots across prominent tourist places
·Common Service Centres to be scaled up from 8,800 to 26,000
Petroleum & GasRs. 21,476 cr·Expansion of Barauni Refinery + new Petrochemical Plant
·Construction of Gas pipelines, new LPG plants and massive expansion in domestic LPG connections
·Petrol-Diesel pipeline from Raxaul to Nepal
TourismRs. 600 cr·Development of 7 Tourist circuits
TotalRs. 1,25,003 cr
Other Investments
CategoryAmount
Unspent amount of 2013 Package (of Rs 12,000 cr)Rs. 8,282 cr
Ongoing works of National HighwaysRs. 12,375 cr
UMPP (Ultra Mega Power Project) in Banka under PPPRs.  20,000 cr
TotalRs.  40,657 cr
 
Tax Relief on New Capital Investment for galvanizing Industrial Development

Prime Minister’s Bihar Package is over and above on-going National social sector schemes:-Pradhan Mantri Jan Dhan Yojana, Pradhan Mantri Suraksha Bima Yojana, Pradhan Mantri Jeevan Jyoti Bima Yojana, Atal Pension Yojana, Sukanya Samruddhi Yojana, MUDRA, Free LPG connections to BPL, Swachh Vidyalaya Abhiyan and so on.