June 08, 2014

Asset Management

Assets are every organisations most valuable resources, if they are not managed properly the organisation can go to loss. if all the resources of the organisation are utilised properly then the organisation can never go to internal loss.


June 07, 2014

KBAM

Knowledge Based Asset Management What a course it was! what I liked about this course was that there were less classes and more learning from it. what I Learnt from this course was not just about Knowledge management or asset management but how to do self learning in a real life scenario.

What this course tought me was that when I get a job I will be entrusted with tasks I never would have heard about, I will not be told on how to complete them. that I would have to figure out on my own. and KBAM tought me how to handle situations without getting any knowledge about them.


March 31, 2014

Leadership and Excellence.

The efficacy of a management is determined by the number of immediate supervisors that motivate their individual teams to show results but if an immediate manager merely wants results with putting his due share which can be in form of motivation and setting an example by doing then the team fall behind


Leadership and Excellence.

It must be of first importance for any leader to make sure that all his team is with him/her both mentally and physically and if a member of the team comes short then the leader must willing to make sacrifices on his time and get the work done himself/herself so that everyone stays onboard. The efficacy of a management is determined by the number of immediate supervisors that motivate their individual teams to show results but if an immediate manager merely wants results with putting his due share which can be in form of motivation and setting an example by doing then the team fall behind Both the employer and employee desire same goal, i.e. to gain success but the only way to achieve is when the latter follows the example set by the former and when the former makes it effortless for the latter to follow it. Excellence can be achieved when both the employer and the employees effortlessly want to give their personal best, but excellence can only be given when a doable project is worked upon


Leadership and Excellence.

Both the employer and employee desire same goal, i.e. to gain success but the only way to achieve is when the latter follows the example set by the former and when the former makes it effortless for the latter to follow it.


Leadership and Excellence.

Excellence can be achieved when both the employer and the employees effortlessly want to give their personal best, but excellence can only be given when a doable project is worked upon.


March 21, 2014

Decision Making Tools. Did we applied them ?

First I would like to thank my group, as this was the first group that I did not have an argument with any of my group members. The work we assigned to ourselves was done perfectly and always before time.

The main question is, Did we apply decision making tools while making decisions? No, we should have applied them for making our decisions but we at first asked every one for their views on which decision tools we should pick. every one named the ones they thought it would be easy to do but it was not a lucky guess. when asked each and every one the reason for their choices every one give proper logical reasonings for it. for example we chose swot to decide if we want to continue with the product or it. Since the decision is just Yes or No but the reasoning we gave for it was that atleast this will tell us the strengths , weaknesses ,opurtunities and threats. by this way we decided we are going to continue with it.

Even though we did not apply any decision tools to decide what decision tools we are going to use but in the end we choose the right tools required for the presentation with proper logics, not just assumptions in the air.


March 20, 2014

Excellent Leadership experiance in real life.

Hey guys, while doing some research and readings for leadership and excellence, I tried to put the theory in practice. while doing our group work of RDM what I figured out that for the first time non of us had any arguments because all of us were implementing leardership skills. If some one was good at one thing automactically he became the leader for that part while the other waited for their own turns. and the good thing was that we finished our work before the time set and every one was happy with each other.

I think this is one of the living examples of leadership that if some one knows they can lead others at one point they jump in and when they know that they can not handle the situation they just let the other person jump in.


March 12, 2014

Reflection on Robust Decision Making

Decision making is one of the hardest things a person can do especially when his decision may affect the future of an organisation. Even though when we hear the name "Decision Making" the first thing that comes to our mind is that how hard can it be? we dont actually know that if their any tools or criteria involved in it, but un knowingly we leave it up to our judgement about it. Judgement plays an important role in decision making. there are two kinds of judgements. one is visual judgement and logical judgement. in visual judgement we judge what we see. for example if in a movie we are told to count the number of times one team passes the ball to others we will only focous on that while not observing anything else, this is a part of visual judgement . In another example we put two apples of which one is bright red while other one is not so red, we will always go for the bright red one because its colour tells us that it is more sweet than the other.

In logical judgement we put logic behind our judgement. we think analytically and then come to the conclusion. its just like solving word problems .

mostly Logical Judgement is backed by decision tools like SWOT analysis, SMART, Decision tree, AHP, Simple Multi-Attribute rating and many more. these tools help in making decisions in a logical way. sometimes logical judgement can be more harmful than the visual judgement because in visual judgement there is right away answer but logical judgement takes time and by the time some soluction comes the problem might have gotten worse.


February 28, 2014

Reflection on leadership and excellence

Some say leaders are born and others say they are made. Come to think of it leadership and talent are one and same thing. Some are born with it and some learn to get talent. My opinion is that leaders are neither born nor made, they arise from within the groups according to situation and once their job is done they go back to follow others. Any person who calls himself or herself cannot be called a leader until and unless they learn to accept that others are better than them. A true leader excels when he/she accepts that they are only more knowledgeable or experienced in that current situation.

According to my thoughts a leader can only show excellence when he/she thinks of himself as a part of the group they are leading not as their ruler. They must release that their being chosen as a leader means that they are good at leading/ guiding people to attain a goal but he can never achieve that goal alone. That is where the team comes in. the leader and its group should be considered as one entity because without the leader the group will be scattered and without a group the leader will be nothing.


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