Filed under Passing Thoughts

Changing the Language of Business

At the beginning of every year, I often find funny stories about which are the most annoying management terms for the previous year (like this one here). And often, there are words like strategy, tactics, market leadership, high performance, efficiency, quality, plan of action etc. which are so much a part of the regular corporate-speak. And then there are great leaders like Steve Job who describe their company’s work as “beautiful”, “insanely great”, “stuff you will fall in love with it”.

I stumbled upon an old article by Professor Gary Hamel, where he talks about “The Hole in the Soul of Business.” In his compelling style, he asks us to re-think the language of business. Here are some excerpts:

Here’s an experiment for you. Pull together your company’s latest annual report, its mission statement, and your CEOs last few blog posts. Read through these documents and note the key phrases. Make a list of oft-repeated words. Now do a little content analysis. What are the goals and ideas that get a lot of airtime in your company? It’s probably notions like superiority, advantage, leadership, differentiation, value, focus, discipline, accountability, and efficiency. Nothing wrong with this, but do these goals quicken your pulse? Do they speak to your heart? Are they “good” in any cosmic sense?

Now think about Michelangelo, Galileo, Jefferson, Gandhi, William Wilberforce. Martin Luther King and Mother Theresa. What were the ideals that inspired these individuals to acts of greatness? Was it anything on your list of commercial values? Probably not. Remarkable contributions are typically spawned by a passionate commitment to transcendent values such as beauty, truth, wisdom, justice, charity, fidelity, joy, courage and honor.

I talk to a lot of CEOs, and every one professes a commitment to building a “high performance” organization—but is this really possible if the core values of the corporation are venal rather than venerable? I think not. And that’s why humanizing the language and practice of management is a business imperative (as well as a moral duty).

Again, there’s nothing wrong with utilitarian values like profit, advantage and efficiency, but they lack nobility. Reflect for a moment on the avarice and irresponsibility that produced the recent banking crisis, and wreaked havoc at Enron, WorldCom, Adelphia and a host of other scandal-plagued companies. If corporate leaders and their acolytes are not slaves to some meritorious social purpose, they run the risk of being enslaved by their own ignoble appetites. An uplifting sense of purpose is more than an impetus for individual accomplishment, it is also a necessary insurance policy against expediency and impropriety.

Every organization is “values-driven.” The only question is, what values are in the driver’s seat?

There was a time when Disney was in the joy business. Animators, theme park employees and executives were united in their quest to wring gasps of wonderment and delight from children across the globe. Today, Apple is in the beauty business. It uses its prodigious software and design talents to produce products and services that are aesthetic stand-outs. There are many within Google who believe their company is in the wisdom business, who talk about raising the world’s IQ, democratizing knowledge and empowering people with information. Sadly, though, this kind of dedication to big-hearted goals and high-minded ideals is all too rare in business. Nevertheless, I believe that long-lasting success, both personal and corporate, stems from an allegiance to the sublime and the majestic.

Now, more than ever, companies and leaders need to build a greater sense of purpose to create great workplaces and produce sustainable results. After all, “meaning” is the new money. Oh! Let me stop writing now before I, inadvertently, start using my own frequently-used-terms!

So, how are you changing the language you use at work? What questions & answers are you rephrasing?

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Career Opportunities for NRIs in India: Challenges

Aseem Juneja from Ten Yards Advisors, a search firm, asked me a couple of questions -

  1. A lot of NRI’s (Non-Resident Indians or Indians living abroad) are looking to return to India due to a combination of better opportunities, visa problems, aging parents etc. However most of them find it difficult to land a job. What advice would you give them in their endeavour to come back to India?
  2. What advice would you give to expatriates looking for career opportunities in India?

I must confess that I am no expert when it comes to these issues and there are much-more experienced people on this subject. Nevertheless, I tried to reach out to my network and am attempting to answer Aseem’s questions.

This slightly dated article that appeared in The Economic Times points to the fact that the demand for senior roles is being driven by industries such as IT, Pharma, Financial Services, Retail, KPOs etc. The article also mentions that “living and working in India is no cakewalk. It poses diverse challenges that require a degree of adjustment and realignment, which NRIs often under estimate.”

Gurprriet Singh, a senior HR leader based in Mumbai, shared his thoughts with me.

At work, the largest challenge is work-culture. Returning Indians need to be aware of this. Very often they come back with so many “dreams of the good old times” they forget that those good times had a lot of pain as well. Cultural adjustment, inequality in the workplace, subjectivity in decision-making over objectivity (people or other work decisions) etc. are all challenges in the Indian workplaces. If at all possible, a 3/6 month secondment will give an idea of how things are, and may help you decide whether or not to move.

Money is another issue. The tax structure, the breakup of salary and how much is really net-take-home, what are the benefits – these are all relatively unclear and complex to some. Equally important is to have a clear understanding of costs and expenses. Most returning Indians assume India is a cheap country to live in. Not true. They forget their tastes and lifestyles have changed. India is cheap to live in, if you eat ‘vada-pao’. But, higher tastes require money. Simple example – a good restaurant in Mumbai has the same charges as one in New York. Most returnees miscalculate their costs disastrously.

For expats also, more than anything else, they need to be sensitive and adjusting to the culture. They’re used to delegating. They’re used to managing by exception. That doesn’t work in india. The most successful expats are those who realize that Indian organizations have little or no systems and processes.

Some Indian workplaces are process-averse; they will always do their best to avoid/circumvent process steps. This kind of culture requires the manager to have an eagle-eye on execution at all times and not just on whether execution is happening, but HOW its happening.

Achyut Menon, from Options India, a search firm with a strong focus on returning Indians says “Look at a career in India- just like the options one considered when going abroad for the first time. Don’t expect everything on a platter. Yes, some get dream jobs. Most others have to work their way through levels/movement/responsibilities.”

I also have felt sometimes that Indians residing abroad tend to lose touch with the Indian business environment. If you are looking for opportunities in the country, you need to be fully aware of what’s happening in the country. How is the economy changing? How is the business environment shaping up? What are the business drivers in your industry? And so on.

Overall, an “India mindset” is required to get an entry and thrive in one of the world’s fastest growing major economies. One needs to remember that you are competing with a very large pool of people for the same jobs.

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This Blog Will Be Resting Over the Festive Season!

It is the time of the year again which we all look forward to. For many of us, it has been a very busy year with economic growth picking up in some parts of the world and companies focusing on growth. And, certainly, it is time for some much-needed break. As for me, I am headed out for my vacation in India (Calcutta & Bombay) for over 2 weeks to spend time with family, friends and food! During this time, I will not be updating the blog and my activity on other social networks will also be rather muted. But, come January, and I will be back to business!

Again, I thank you for visiting my blog and connecting with me. Here’s wishing you and your families a Merry Christmas and a lovely 2011!

Read Up!

Here are a few interesting reads I came across in the last few weeks:

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Top 25 Online Influencers in Leadership

There is certainly an extreme sense of satisfaction to see this blog getting great response from people. I started this blog as a collection of my thoughts on everyday things and gradually made it focused on areas like employee engagement, HR, management, people, technology and the ideal enterprise.

Very recently, I found that I am on the List of Top 25 Online Influencers in Leadership. This list was drawn by the HR Examiner – a magazine focused on people, technology, ideas and careers of senior HR leaders. John Sumser is the editor of the magazine and is very well-known in the HR community. To me, the list is very prestigious, full of great people, including Tom Peters! I feel honoured and humbled at the same time.

I would like to thank YOU – for visiting my blog, leaving comments here, retweeting my blog posts and all your support.

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