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4 areas business will need to focus on now!

In the light of both the waves of the Covid pandemic, what would be the future of business? Where are the organizations going to put the maximum emphasis? My take is that we now need to focus on some key issues that we faced and may face in the future digital world.

1. Individuals

Organizations asked the individuals to take up the additional responsibilities in the recent past. At the end of the pandemic, it would still be preferred to keep those responsibilities with the employees as is. In fact, it would be better to train people cross functionally as well as on taking up the additional responsibilities. Relying on the frontline resources will only accelerate the performance.

2. Teams

We will have to focus on team bonding even more than before. Even the best of relationships goes haywire in LTRs. Similarly, bonding between colleagues can drastically be affected with less personal contact face to face. As the times are coming where we would be moving towards the virtual working environment, we need to ramp up the communication and relationship skills.

3. Technology

The technology of course should now be the primary focus of all organizations, be it IT or FMCG. Many of the companies were still under the impression that the IT sector is meant for e-Commerce. But Covid-19 has taught us otherwise. We not only will need to advance our digitization, but also strengthen and empower the frontline workers with a variety of latest features.

4. Emotional Quotient

The importance of EQ has been understood by several Fortune 500 companies in the last decade, but now in this virtual world, leadership will have to undergo enormous reformation on this front. When you are interacting with someone face to face, you can judge a lot of things by expressions, surroundings, situations, and body language. But when half of the time when you are just looking at the face or listening, this can be tricky. The rising need of managers with high EQ will dent the market if not fulfilled.

What areas do you think we should start focusing on? Comment below!

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Why should corporate have all the fun?

Part 1 – 5s

In continuation to my previous article (https://bit.ly/3vUZoiy) on the importance of a few skills in the corporate, I promised to take up a few common frameworks one should know. This series of articles named “Why should corporate have all the fun?” will focus on introducing these concepts.

As I said before, the concepts which are used in the life, are the concepts implemented in corporates too. All the frameworks are developed by someone’s experience, who frames the method in an easy-to-understand concept. This is why, I emphasize that the concepts used in corporates are also useful in our day-to-day life. To become our full potential, we shall start with wherever we are. So let us start with the basic concept of 5s, which is as powerful as simple. Why should corporate have all the fun? Implement it in your life and see the magic.

Knowingly or unknowingly, few of us are using 5s in our life. However, most of us understand it, but never implements. Even most of the people who implement it in their office, does not implement it in their life. You may feel that when you keep your workstation and home cluttered, your creative cells work better. You may like to remain messy, but just imagine, if you are so creative being messy, what will happen, when you are not. Try it once, and it would give amazing results. But a word of warning, 5s can be addictive.

1st S – SORT (Seiri in Japanese)

I had no knowledge of 5s when I joined a life insurance company in India. But when they assigned me a branch operation, which had a history of medical and financial errors; I decided to keep me untouched of the environment. For this, I had to fix the reasons. To fix, I had to understand. To understand, I needed to clear all the confusions. So, I simply called the whole team on a Saturday and sorted all the documents – physical as well as soft copies. I could do that as I followed the same principle in my life. Later in my life, I realized that I implemented this tool at that time. I sorted all the items in three categories:

  1. Items not required.
  2. Items definitely required.
  3. Items in confusion

We can ask ourselves certain questions while sorting like – why we need this item, when was it used the last time, how frequently do we use it, who will use it, is it really needed. We generally are in a habit to keep items for years in the anticipation of using it one day, while things are never used or can easily be found on rent. At times, storage is expensive than the cost of the item.

By applying sorting, we can sort all our work we do in life. What are the activities we do every day, which are not at all contributing to our future – TV, games, poor financial management, upkeep of ancient clothes and stationery. Things we are still confused of – that inspirational video we see daily but do nothing about it, talking to a friend every day assuming one day he will find us a job. Things absolutely necessary for us – meditation, exercise, actions we take. Look into your thoughts – sort them too.

2nd S – SET IN ORDER (Seiton in Japanese)

Set the sorted items in an order.

  1. Discard, recycle, throw, sell or delete all such items which are not needed.
  2. Keep the items which you definitely know that will be needed.
  3. Quarantine or store separately the items whose judgement would be taken later.

In this phase, we need to think through, how to put the items to minimize the waste. In business (and in lean), a waste is a defect, unused skills, waiting, unnecessary movement, excess inventory or overprocessing, etc.

Each item should have a designated place, items should be placed in a logical way, in ergonomic locations. We need to find who uses those items, when is it used, frequency, we can group the items by type, etc.

Similarly, you can show your bad and good habits their correct place! As Benjamin Franklin said, “A place for everything, everything in its place.”

3rd S – Shine (Seiso in Japanese)

Now this may seem daunting, or you may feel to leave it with janitors, but trust me, what you can do with your things, can be best done by you. Dusting, cleaning, emptying recycle bin, cleaning temporary files, clearing cache and history, a drive needs to start. The moment you end your shining process, you would feel such a comfort that you will find yourself looking into new and fresh ideas automatically.

At this stage, you can shine yourself too 😊. Detoxify your body at least once a few months, detoxify your mind at least once a few months. Cleaning of the body and thoughts would be the most important step while applying 5s in your life. I am not trying to be a preacher, I am simply giving words to the bitter facts, we all know. We all know what to do and how to do, but we rarely do.

4th S – Standardize (Seiketsu in Japanese)

Now that you have everything uncluttered and shiny, you can generate a standard operating procedure to keep things intact. When you set a procedure and follow it, it gradually becomes your habit. It is difficult to break a habit and hence your 5s outcome.

Make a routine, and gradually make it your ritual. You will never miss it. You can use stickers to start with, fix places for your items so that it becomes easy to find it.

5th S – Sustain (Shitsuke in Japanese)

Sustaining a 5s achievement is the toughest step of the project.

Make a schedule on when you would evaluate your project outcome. It is possible now that you find items in use moved to storage and vice versa. You may have flipped your ambition by now. You need to reevaluate what needs to be where. What shall be the priority? Whatever you find, change it, but sustain the overall outcome. If you do not keep a check and keep changing, you surely will deviate.

This was the summary of what 5s steps mean. When you will start implementing it wherever you are, you will gradually find the methods to use it in your life. My intention of summarizing these tools in this series is that implementation only. Learning these tools will increase your communication and confidence. Also, it helps in problem solving. I will close it with a short story.

An organization once decided to send the managers to a Japanese lean expert to learn 5s. The managers were against the decision, as they already knew so much about 5s. They suggested to use the budget in learning some advanced tool. But the senior management was adamant. As they had no choice, they all reached the expert’s venue.

They were getting frustrated of the teachings with each passing day. They could not figure out that how can someone talk on such a small and simple topic for five days. They already implemented 5s in so many of their previous projects. Finally on the 3rd day end, they decided to speak up.

They told the expert, “We have already known so much about 5s and it is such a simple tool to implement that we are getting bored. Would not it be better if you provide us with some Japanese case studies in rest of the 2 days. In place of learning the same old Standardize and Sustain, we will learn something new.”

The expert thought for a while and said, “Okay, we will take up a few case studies tomorrow.”

The expert said, “You give your hotel room’s keys to the colleague sitting next to you, they will go to your room and provide you the marks on your 5s understanding.” They all were shocked. Nobody was ready to give the keys. Because 5s was in their workstation, not attitude.

The next day, all the managers came decked up and excited. The expert came, smiled on each of them and told them that he was ready with the case studies. He said, “Before I take up the case studies, I want to conduct a small activity. Are you comfortable?”

They all nodded.

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5 SIMPLE THINGS TO HAVE WITHIN – IN A CORPORATE MANAGERIAL ENVIORNMENT

People assume that the corporate world is different from the rest of the world. The life’s philosophy does not apply to it. But it is not so. Physics and Philosophy are uniform everywhere. If physics is behaving the same way in your office, the philosophy will behave in the same way too.

I have always believed that solutions are never outside us, solutions are always inside us. If we do not find a solution within us, we better create it, and it would reflect in the without. Always seeking help from others is a sign of consumerism, always consuming what you get from the outside world.

To start with this philosophy, you can have 5 simple things developed within you, to be a star in your office. You will not require to look for people’s help, in fact, you would yourself be able to help a lot of them.

1. MS-Office

This may look too obvious, but still, many are struggling with MS-Office. You may also feel a shock to see the technical skill, after reading a paragraph on philosophy. But I find it natural to see everything connected to each other. Be it technology, be it thoughts, nothing is exclusive. To live a balance life, we need to have a balanced approach to all the powers.

…and MS-Office is still a power, in most of the offices around the world. You may not have to use everything in it, but it is rarely possible to escape Word, Excel, and PowerPoint. If you are still not at it, grab the opportunity to learn it. Today is the easiest time to learn it, you have plenty of access to free videos, articles, and even the help menu of the Office.

You may not want it, but one day or other, you will have to face it. So, learn it the first possible moment.

2. Email Etiquette

Although official WhatsApp groups are flooding today with 100s of texts a day. Some to impress the boss, some to show the importance, or create pressure, or even some genuine conversation. But the importance of emails is still intact, and will remain for a good amount of time, for formal communication.

You may feel that the language of an email in this informal internet age, is not important; but for you, it is. There may be a lot of people in your organization who use informal languages in the emails; but my suggestion is to avoid it. For being informal, there are plenty of other platforms in your mobile. Learn email etiquette because this is your image being communicated around in the office.

You will find numerous information to learn email etiquettes on the internet, follow the common ones in most of them.

3. Simple Analytical Tools

Most of us assume that analytical tools are only for those process excellence guys who are always in a meeting in closed rooms. But this is not true. There are numerous analytical tools, which are simple life’s philosophies, made simple in a framework by some intelligent celebrity. Why can’t you use it? You do not have to present it to anyone or write it day and night. But you simply have to use the techniques. Although there is no end to these simple tools, but to start with you can learn Cause and Effect Diagram, 5S, Eisenhower Matrix, Value Stream Mapping.

When it comes to solving a problem, and when it comes to learning something useful, nothing is for someone specific. Everything has something that will be of your use. When you learn these simple tools, your communication becomes effective, you become analytical, you become fast decision maker, and you feel confident.

4. Perception Management

What? Perception Management? How can it be managed?

Yes, it can be managed. They do not see you the way you are, they see you the way you look. Perception management is an art. Other 4 points you can learn and practice; but perception management comes by practice and reform.

You can manage your perception in your office by few simple qualities, which includes, the way you communicate in person, on emails, WhatsApp groups, how you dress, your response time, what type of contribution you have in water cooler talks, how you behave on social media or in office parties.

5. Technical Knowledge

This obviously was supposed to come. You must have a good knowledge of your domain. You might be carrying it from your college or previous organizations; but every company has something different while doing the same work, learn that. Observation, right questions, and practice are the key. Try to ask the least and research the most. But no other skill would be a fit if you lack your own domain’s technical knowledge.

These were the few basic things we forget that is required for your growth in an organization. Everyone can learn and implement these. The thing is awareness, and now as you are aware, bang it on!

In the upcoming posts/articles, I will share some rarely discussed points about email etiquettes, over simplified version of already simplified frameworks of the analytical skills, and more discussion about the perception management. So, keep following, and keep growing!

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