Thursday, July 30, 2009

Torture !

Surprisingly see the opinion of Democratic vs Communist country people. Maybe it can relate to where is it practiced with ease people are more intolerant than where it is practiced with difficulty. I am not sure but the statistics is surely interesting to note.

Saturday, July 25, 2009

The Seven-Day Weekend

Another great read from the author of "Maverick". This one talks in length of the policies followed in Semco with relevant examples to illustrate the point. Ricardo does it effectively. After reading it it feels the current workplace is to improve way far to reach at same level as SEMCO. I definitely feel like working for SEMCO after reading the 2 books. A place where employees are trusted, treated as adults who can make decisions themselves, can choose their own salaries, choose their own boss, set goals for themselves and work towards it, have a flexi time to go out for movie/entertainment any day of week and not necessarily on weekend, have a equal say in decisions made for the unit, have a place in board of directors meetings, can decide to join or not to join any meeting ( no one turning up meeting indicative of people don't think it is important), have ownership in company profits, have no fixed place to sit and work ( so not under constant scrutiny of their supervisors), have an open communication channel ...dismantling hierarchy culture ( most current organizations look exact replica of military structure with levels and hierarchies).
The democratic culture followed at SEMCO is difficult to believe in but its actually what Ricardo has done for SEMCO with the help of his senior management. When people treat each other with respect irrespective of the level they are then the combined strength is much more effective making it 1+1 =11 .....against 1+1=1 in traditional companies where people up in hierarchy usually have their way or those having connects with top.
Companies talk of innovation, new ideas but usually have hard time getting it from people working?? I believe the primary reason is as most in workforce dont feel much attachment for company....its just a means of earning their livelihood. Expecting innovation and creativeness from such workforce is nothing more than day dreaming. Compare the benefit of getting innovative ideas from 1000 motivated workforce people rather than a team of 10 people under " Innovation wing" banner.Asking 3 why's to all things done would make company/employees much wiser in decisions made .
Talking with respect to current Recession: Most companies have gone for cost cutting measures primarily at lower levels...firing freshers/ non performers / bench people. Looking at from another angle...a senior management person getting Rs 50Lakh deciding 10% cut on his/her salary would save 1-2 freshers from being fired whose annual salaries are Rs 4-5 Lakh. would it make much difference to person earning Rs 50 lakh/annum to take a cut and let salary be Rs 45 lakh/annum??? to the person whose annual salary is 4-5 Lakh/annum suddenly founding himself jobless it makes a hell lot more difference. What message is being sent across in workforce .....if you dont perform then you will be out of job next. Then expecting them to give in passion/innovative ideas/others ...do you think they would even thinking on those lines with the insecurity built in?? I definitely don't think so.
Reading the book has surely helped to ? a lot of things practiced in workplace.....its not to say putting up a rebellion but to make it a place where one looks forward to go to every day.
More reviews here.

Saturday, July 11, 2009

Amusing Ad !

(...captured on way from Vilivakkam Station to Villivakkam bus stand)

Monday, July 06, 2009

Popular!

Only 2nd McD in Chennai in Anna Nagar...

Library!

The search for Easwari Library ended at this place. Not quite what I was expecting. Unless one know the book one wants... its not of much use as browsing is not feasible.

5th Anniversary pic !


5th Anniversary picture of fruit vendor premises at office

Sunday, July 05, 2009

Maverick!

Maverick: A lone dissenter, as an intellectual, an artist, or a politician, who takes an independent stand apart from his or her associates.

True to its name, the latest read by Ricardo Semler , owner of famous Brazilian company called SEMCO is a delight to read for all people in workforce...at least it was very true for me. I remember my MBA colleague Dipankar mentioning it while doing module on Leadership but somehow did not read it then. The book is about the story of SEMCO and how the changes were made to it under the leadership of Ricardo and all of associates, controllers, partners and counsellors in the company to transform it into something UNUSUAL...where it was difficult for outsiders to comprehend how the company works.

List of some UNUSUAL things:

* Associates( thats what workers are called in SEMCO) decide their working hours

* The Financial report is shared from the top to the sweepers in the company and efforts are put in to make all understand the same.

* The subordinates decide if the boss is fit to lead them. Boss has to prove his worth to lead the team.

* All memo/reports in the company are limited to 1 pager ( No exceptions)

* In case of relocation- all employees have a say in where to shift plant and all visit the final 3 shortlisted places after which decision is made.

* Employees fix their own salary

* Does not have a quality control unit in its plants

* No organizational chart

* Has a 3 layered circular structure of management instead of pyramid

* Though internally company has 4 ranks only ( Associates, Controllers,Partners and Counsellors), it allows people to publish on their business cards what they feel like.

It tries to question the usual corporate norms and ways of running an organization prevalent in the modern world without much change over a century and more. The ideas thought of and implemented are just unbelievable.

It felt after reading , if you give the power to the mass instead of concentrating it in few individuals...you will be surprised by the impact it brings in for the company. Richardo has tried to do it in SEMCO. Innovation, productivity improvement, creative thinking all would be taken care of by themselves. The same is not limited to manufacturing companies.The ideas can be very well applied in other industries.

Here Richadro's video speech in MIT in 2005:

More reviews here.
Link to video on You tube on SEMCO.

Saturday, July 04, 2009

Chance Discovery!






(Chandelier...Belgian made. Info source: Srinivas Kishore)
Company Website link.

The store in T Nagar,Chennai is supposed to be the largest gold and diamond jwellery store in the world covering an area of ard 80,000 sq. ft .