All entries for Sunday 27 October 2013

October 27, 2013

Accountants replace leaders?


On the 25th of oct we discussed in our last class for CBE how organizations depend more than its required on accountants which results in long-term catastrophe. Paul in class told us what behaviors do accountants drive;

  • Shutdown training & maintenance when there is an industrial crises

Ø When training shuts down employee’s skills set is at halt and when the industry reboots there are less capable workers in the market

Ø When maintenance is compromised then the industry less capable to compete in the future market.

Accountants are managing the monetary aspects of the organization; they should be consulted but not to be taken as leaders. Leader may never take this decision knowing the implications that will be devastating for the company in the long run.

Its not rocket science to figure out the solution to distinguish between Leaders and Accountants.

“Common sense becomes common practice” Paul Roberts

But when? The answer to this is our attributes yet to be seen in the future as change comes from ourselves first and the other when they follow.


Improved leader

The power of the ‘chair’ that a CEO holds as a supreme leader in an organization reflects a huge responsibility on him/her. It’s very commonly seen that with power comes insecurity that should not exist but it does. In detail if we look at the causes that reflect such insecure behavior, we analyze that the top managers or CEO keep vital information from the employees so that they shall have the importance to a greater extent than they already do. Therefore they (top officials) create a barrier, which is high and thick enough for them to stay hidden and remain unapproachable.

This attitude promotes no involvement of the workers and employees and eventually results in an unsuccessful business practice. Whereas the aim should be to promote a learning organization with employees contribution towards the organization success.

I am glad we came across these noticeable yet commonly avoided issues in today’s business world. A leader what we all intend to be need to have unique qualities of being a go getter and the one who does not hesitate on bringing managers and employees on board for a reasonable argument and achieve solutions on various pressing matters of short and long-term. Therefore allow employees to be apart of the organization’s vision.

In short it’s not the position that a CEO holds but the personal power that he/ she holds matters.

A leaders point of view should be flexible yet determent by concentrating on the enablers which leads to a prosperous results. Most importantly concentrate on the cause and affect relationship with other organizations. But we further argued and refined this view point of following no one and set our own precedents as we are better, improved leaders of tomorrow in search of a revolution.


Cohesiveness amongst business competitors–seminar

The other day we had a thorough discussion over the topic stated above and I came across many interesting points that lead to a win-win situation in a global or local market. Back at my hometown (Lahore) and country Pakistan I analyzed how hoteliers and restaurant owners sat down and agreed on many mutual terms of opening up their chains in the same vicinity. By doing so, most of them achieved success in their business and still profit by serving the customers with the quality food, ambience and most importantly the choice to customers to go anywhere else in the same vicinity if they don’t like that very particular restaurant. Customers might come go to another restaurant for dinner/ lunch and may return to the first choice for dessert. Therefore all benefit and survive because of the concept known as ‘Food Street.’

In class I could share this example and further broaden my knowledge of how the very concept of win-win work or can work. Mr. Paul gave an example of his son, an Olympic athlete who practices with his competitors as they all strive to be the best when the big day comes. Henceforth you learn form each other.

In today world business men concentrate on win/loose strategy as they strongly believe in rather than strongly condemning the term cut throat competition, this approach leaves them restricted in their own mind frames of how to perform with in a defined barriers of market. This concepts needs to be changed by broadening the perimeters of the market itself thus producing surprising results.

Mr. Paul gave an example of Ratan Tata in class who expanded the market when people said the market was saturated and produced a car at an affordable price that targeted the lower class. Furthermore when they are 3.7 billion people in the world the market can never saturate but stereotypical practices can be. Diversify and expand is the notion here! 

By being on the top shouldn’t state greed and if it does then that person becomes a bull’s eye for every businessman to place a target on. On the contrary the person on top should help others and achieve harmony in local or global market for everyone to thrive. In short set an example for others when on top.


Cohesiveness amongst business competitors–seminar

The other day we had a thorough discussion over the topic stated above and I came across many interesting points that lead to a win-win situation in a global or local market. Back at my hometown (Lahore) and country Pakistan I analyzed how hoteliers and restaurant owners sat down and agreed on many mutual terms of opening up their chains in the same vicinity. By doing so, most of them achieved success in their business and still profit by serving the customers with the quality food, ambience and most importantly the choice to customers to go anywhere else in the same vicinity if they don’t like that very particular restaurant. Customers might come go to another restaurant for dinner/ lunch and may return to the first choice for dessert. Therefore all benefit and survive because of the concept known as ‘Food Street.’

In class I could share this example and further broaden my knowledge of how the very concept of win-win work or can work. Mr. Paul gave an example of his son, an Olympic athlete who practices with his competitors as they all strive to be the best when the big day comes. Henceforth you learn form each other.

In today world business men concentrate on win/loose strategy as they strongly believe in rather than strongly condemning the term cut throat competition, this approach leaves them restricted in their own mind frames of how to perform with in a defined barriers of market. This concepts needs to be changed by broadening the perimeters of the market itself thus producing surprising results.

Mr. Paul gave an example of Ratan Tata in class who expanded the market when people said the market was saturated and produced a car at an affordable price that targeted the lower class. Furthermore when they are 3.7 billion people in the world the market can never saturate but stereotypical practices can be. Diversify and expand is the notion here! 

By being on the top shouldn’t state greed and if it does then that person becomes a bull’s eye for every businessman to place a target on. On the contrary the person on top should help others and achieve harmony in local or global market for everyone to thrive. In short set an example for others when on top.


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