Tuesday, February 11, 2014

Losing Business Passion vs. Friends

Have you tried to be on my shoes? I mean being this office girl waking up early to catch with my 8:00am call time at work and dying tired during 5:00pm. But before it happens, I studied my 4 years course of Business Administration and pursue my MBA while working . It feels like i need to get there so fast that I need to rush things up. "Is business really for me?" I mean it seems like I'm starting to live my world with business matters without knowing if I'm happy doing it. Yah, boredom consumed me and I'm so suffocated with all of these.

I have this trusted friend named Calvin who encouraged me to watch movies with business environment for me to regain my passion. So I started to watch The Wolf of Wall Street. It is basically all about a Stock Broker who became so rich and later on committed fraud that turned his life upside down. I'm so amused with the fact that they don't have work ethics in doing their jobs but they do it with the most comfortable way of doing it. It is also very inspiring to see how he started with selling Petty Stocks then later on succeeded in penetrating the 1% wealthiest of America. But the worst part is how greed ruin his life turning heaven into hell. At the end learned how to sell things that will never be bought by money. Teaching and inspiring people to become rich and wiser than he is.

For me, The Wolf of Wall Street is all about your patience when you have nothing and your attitude when you have everything. It's all about friends, family and money. So what's the co-relation of this movie with my losing passion in business world? Somehow, this movie affects my perception. To trust myself and to choose people around you. I don't literally mean to push the wrong one away from you. But to know who you really trust. Sometimes the more you trust people, it is more confusing to deal with your personal life. True friends are not the one who stayed the most but the one who is willing to lift you up without any expectations in return. The one who is willing to guide you when you are lost and who will stay with you when you have nothing to give. Business world is like hell having people with  two faces so think before you trust because they can make or break you.

Wednesday, November 13, 2013

Don't Overlook Your Best People

One of the biggest responsibilities a manager has is keeping his employees motivated.

The problem is-most managers tend to concentrate their human relations efforts on those employees who fall below the expected productivity lines, the so called "problem" employees.

Suggestion: Maintain a strong balance between rewarding your reliable employees and at the same time, pushing your weaker workers to improve. Never overlook your best people.

Employees Who Feel Helpless are the Unhappiest

A study conducted by the School of Management at the University of Minnesota has confirmed what top managers have suspected for some time- that those workers who feel helpless to change their jobs in a company are those who are more likely to become disenchanted with the firm.

Their dissatisfaction quickly surfaces in a number of ways, including health problems, tardiness, longer-than-necessary breaks, absenteeism, and the like.

According to Joseph G. Rosse, a professor of industrial relations at University of Minnesota, these workers are likely to report such maladies as physical and mental exhaustion, headaches, problems with sleeping, depression, neck and lower back pain and other unspecified ailments.

Rosse's Research indicates a need on the part of managers to become more sensitive to the plight of lower-echelon employees. If on-linework is tedious and boring, at least set up a sort of incentive plan where these workers can be promoted to higher levels and theoretically to more interesting kinds of work.

Source: Alexander Hamilton Institute.

Thursday, September 5, 2013

Do You Have A Golden Gut To Be An Effective Decision Maker?

How important the decisions we make? Decisions has the power to change your life forever. Some decisions are good, some are brilliant, some bad and some plain disastrous. Of course, we're conscious of the major decisions we make in our lives because they cause us the  most stress. However, all your hopes, dreams and goals- depend on your ability to make wise decisions.

Yet strange things is, nobody seems to know how to make the best decision. Almost nobody knows how he or she makes decisions. We don't have a way to make it. Usually, something comes up, we kick it around and it feels right and we can afford it so we make a move.  But the question is, "is it right to follow your guts and instincts?"

An important thing happens every time we make decision because we tend to come closer in knowing who we really are. We become in essence, the sum total of all the decisions we make in our life. To make it right, we must be be in the right place at the right time. Yet there's more important than that: " it's knowing you're in the right place at the right time. Most people make a decision based on how they feel about it. Confident decision makers know how to make decisions effectively so they're much better in knowing the step in moving forward.

Sometimes, the best decision is the decision that you don't make. You have to know when to let someone else make decisions for you. Many managers can make good decisions instinctively and they don't know how they're doing it. It's never been a magic after all. Unconsciously, they are the type of people who were shaped based on their experience and once a situation strikes out, they tend to respond right and it comes very natural. We can say that it's a thing of the past.

The willingness to admit you can be wrong is also the key to confident decision making.Be willing to make mistakes and be willing to let other people make mistakes because not every decision offers a perfect solution. Anyway, deepest lessons came from hardest pain.

Lastly, the key to intuitive decision making is saturating yourself with information about decisions and then chunking that information to make rapid reasoning. Generating intuition may come naturally within you or you may have to work at it. So. do you have a golden gut?

Sunday, August 18, 2013

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Saturday, August 17, 2013

Business Anecdote- Escaping Problems by Jumping Off The Bridge


A sales executive was about to cross the bridge when he spotted a well-dressed man toss his briefcase over the rail and prepare to jump into the river.

“Wait!” cried the sales executive, “don’t jump yet! Let’s talk about your problems.” “What is there to talk about?” groaned the man who was bent committing suicide. “Sales of my company are down by 90% and my creditors are after me.”

“Look.” said the sales executive, “you’re not the only one with problems. “I have lots of business problems too.” And he enumerated all those problems for the next half hour. Then they both jump off the bridge.

This anecdote really reminds me how people around us affect our decisions. Negative thoughts begets negative outcome so it is very important to think positively all the time. It [negative vibes] is like a plague that can ruin one's life. If you’re prone to second-guessing yourself, you’ll reveal your insecurities along the way.

According to Sun Tzu, self-confidence is a
make-or-break attribute. To win big, you’ll need to take lessons from others to heart and apply them to your life. A warrior leader is silent about the journey. But leaders don’t just happen. They forged in trial, error and painful lessons. Belief in yourself determines how you’ll make your journey and not to end up with “escaping-your-problems” drama in a “jumping-off-a-bridge” solution. :)