Saturday, March 30, 2013

Tripod of Life and Least Counts

The other day I heard a leader say- ‘You need to be able to focus on work, family, and self.  You need to focus on all 3 to achieve balance in your life’.
I found his concept interesting – especially the fact that he called out self as a different aspect. He subsequently elaborated on how he goes about keeping some time aside for himself also.
Do you need this tripod balance? I will contend yes!
How do you maintain this balance?  
First, periodicity may vary. You may strive for a balance over different periods - daily/weekly/monthly.
Second, quantity you may want to achieve in each period may be different e.g. – you may want to do 2 things for yourself every week while someone else might want to do 4 things for himself/herself over same time period.
So you need to be able to define the least quantity (least count) you want in a period. This is especially important for self-part of tripod – else this may get neglected.
We may use the term ‘quota’ for this.  Once you have finalized a ‘quota’ for a period you tend to work towards it.
Quota ensures that at minimum you meet it. On flip side, it can limit you from exceeding it. But then it also helps you to maintain energy and continuity. You finish the quota and if you still have excess time left – you can experiment/do something new with additional time.
-                                               
Sourav

Friday, March 29, 2013

Execution and Results

You have started an initiative. You have laid down initial plans for executing it. You now go ahead and execute the plan.
Will you necessarily have success now?
You may or may not! Execution of plans does not necessarily ensure success.
So what kind of execution or what other elements are necessary to ensure success?
-
Let us first look at our perception of execution.
Will you call execution a series of steps or an iterative process? Usual image might be it is a series of steps. If you require follow ups and iteration- well that might seem as process inefficiency!
Surprisingly, I have hardly come across initiatives that have not required follow up, iterations, or some kind of course correction.
Execution of plans is important. But plan needs to factor in 3 things mentioned above.
-
Secondly you need to have contracted beforehand with relevant stakeholders on definition of success and timing and process of success measurement.
This is important because success maybe interpreted differently by different stakeholders.
-
So execution of plans seems to be a pre-requisite but not a guarantor of success! – a necessary but not a sufficient condition for success J
 
-
Sourav

Thursday, March 28, 2013

Long Term Perspective

Can you create a long term plan for your work?  
Most of us will be able to at least propose an initial draft of a 2-3 year plan.
 
Are you working today with a long term perspective? 
I was a bit taken back the first time I thought about this question. I frankly didn't have a well formed answer.
 
You could say that if you are working towards a chartered out long term plan, you probably are working today with a long term perspective. But is that the case?
 
Yes. That does seem to be the case. A long term plan will also have tactical and operational elements to it – which link what you do today to expected outcomes in 2-3 years.
 
But then why do we often feel like a clog in wheel - not sure of why we are doing the work we are doing today?
 
Many a times we may not have been involved in long term strategy creation process and/or we don't understand how long term strategy connects back into our daily/weekly/monthly actions.
 
Managers can play a role here – in helping employees understand/appreciate this connection/linkage.
 
Once we understand this linkage, chances are we will do our work today with a long term perspective.
 
Consequently, our work might also feel more meaningful.
 
-
Sourav

Wednesday, March 27, 2013

Manager and Mentor


How does one manage an intern? Is managing an intern similar to managing a full time employee?

How does one manage a campus hire? Is managing a campus hire similar to managing an industry hire?

I think there are differences. These show up both in terms of amount and nature of supervision (if that is the correct term) required.

Frequency of supervision (meet once in how many days) differs. For an intern, it might make sense to meet him/her at least once a day. Would you do that with an industry hire? Possibly not!

Nature of supervision (kind of support provided) differs too. An intern might require more mentoring - being told the answers, more structure in work assigned, and a larger element of ‘psychologically settling down’ conversations. An industry hire/full time employee might want more freedom in both terms of shaping out the goals and working towards them.

First and second elements in mentoring need to be led the manager.
On the other hand, the last element (psychologically setting down) may be better led by a peer/combination of peers. But manager surely has a role to play in setting up these peer relationships.

 
-
Sourav