The OTHER side of Business

Many of us have heard about corruption in public service and have lived with it. Now we will start hearing about the same in private sector too (more often) in the days to come. Having seen how businesses are run and the transformation happening over the business space now, i can confidently say Enron was only a prelude...

HR for a change is now playing a catalyst role in this dubious transformation process. They should be happy because, all these days they were only silent spectators !!! Now they get a chance to play CHANGE AGENTS. lol.

Marketing gets a cut from agencies, Accounts from suppliers, HR from consultants and so on. Accepting gift has been part of culture for long. However DEMANDING a major share eats into service providers profit margin. This more often gets reflected in the quality of the product or the price. Over expectation has never been good.

Though performance linked pay has pushed people to be more productive, there is a fall out now. In order to get that bonus, managers inflate their performance and use all dubious means to project an artificial performance. When they fall short of organic growth, they resort to inflate the bills of customers and reach the target and get their short term benefit. They are also sensible(!) to do this for shorter duration and move out of the company faster.

Such Enron type processes are happening often these days and HR is now part of this change management process. HR is now more focussed about negotiating the highest cut than initiating a sensible culture building process. No doubt the attrition levels and salary inflation are on the higher side.

Should i blame greed or the materialistic leanings. Inflation though creates a short term artificial vibrancy; is not good in the long run. During crisis, the structure will collapse resisting all the support, like the dotcom bust.

Let us not create more Enrons...

Convenience Management

Judgment:- Put in your papers? You can change your mind before notice period

Hv come across situations where the withdrawal offer is accepted under mutual consent. In few cases where the recruitment process is initiated for replacement or in advanced stage, withdrawal moves sometimes do not favour the employee.

The peculiarity of this case tickled my thought processes. Can the same principle be applied for the below given situation:

"An individual decides to go against the interest of general public - detonates a bomb to damage part of a bridge. Feels sorry later and undertakes to rebuild the damaged bridge. Though temporary disruption in traffic is felt; for being retributive - can he roam free enjoying the same old privileges as that of a non-destructive citizen?"

“Other side: If withdrawal offer (at any stage) of few see the light (with all benefits restored), why not of others too - who were also productive till the date of serving notice.”

Just remembered the ‘case-to-case-basis’ approach. May be it is good(!) and easy to practice Convenience Management ;-)

- donkeySOUP


Message: 18
Date: 24 Oct 2005 09:44:02 -0000
From: "Rakesh"
Subject: Supreme Court Judgment on Employment Law :- Put in your papers? You can change your mind before notice period

Put in your papers? You can change your mind before notice period (Source: Rediff)
The Supreme Court on Saturday held that an employee can withdraw his resignation during the notice period and is entitled to consequential benefits from the company if he is not allowed to work.....

Horoscope or Hollowscope !!!

Another 'opportunity' up for grabs...

If data is also a criteria for authenticity, then the increasing percentage of 'failed horoscope-matched marriages’ will speak volume about its effectiveness and outcome...

Did i fail to appreciate the 'successful horoscope-matched marriages’ !!! Thought we are moving towards a more assertive society where individuals are more self-reliant...

- donkeySOUP

Companies Ask For Horoscope Besides CV (Source: The Economic Times/Naukri)

When a company scans through the crisp curriculum vitae and educational background of a job aspirant, it wants to be sure that the potential candidate has in him what the job demands and that he is not a round peg in a square hole.

To help the companies achieve this objective, an Ahmedabad-based astrologer has found out an unusual way of offering his services - by asking the companies to give the 'janam kundali' of the candidate to find out whether the stars are favourably disposed towards him in the specific field. This is because excellent academic qualifications may not necessarily indicate the inner bent, inclination and proclivities of the candidate which could make him a round peg in a square hole, according to astrologer Mr Maulik Bhatt who is providing his services to a number of companies.