Wednesday, 28 October 2015

When you say “Trust Me” –Do they?

Building Trust and Relationships is like having a bath, one recommends having it as often as possible! Very often, silos are created between teams as there is no unifying vision/goal that enables every stakeholder to see the overall picture. Lots of work needs to be done at the leadership level to be role models for their teams. Most organizations look at rituals, and rightly so, but end up implementing these ideas very poorly. Leadership culture has to change organically and cannot be a product of “team building activities”

There is a formula for TRUST


Credibility X Reliability X Intimacy / Self Orientation

Credibility –is a function of competence and character, Functional competence is the bare minimum that gets you skin in the leadership game and character is your leadership brand that is described by your stakeholders and not necessarily by you.

Reliability is a function of consistency and predictability –There are leaders who are schizophrenic and their stakeholders are constantly kept guessing about the how this particular leader would react.

Intimacy –refers to how well you know your stakeholders, the depth of awareness of their needs, values and norms

Self orientation –Based on a series of your interactions with your stakeholders, what is your give v take ratio? Are you helping them by investing time and energy?


Accountability

A Ceo lamented that he dreads AOP’s because of the amount of lack of accountability that crops up with his subordinates. It acts as dead weight that brings down momentum and energy in those sessions, elaborately crafted job descriptions with fine details ironed out does not cut it by far. These challenges are endemic and rooted in the subconciousness of the institutional memory of the organization. Structure and specificity is important, buts, that not ground ZERO

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There are established stereotypes that abound in corporate circles based on accountability or the lack of it -Victims, finger pointers, responsibility duckers, clock watchers, wait and watchers –We have all been there in various avatars, sometimes as players and sometimes at the head of the table.

Some of the sins of low accountability are :

Staying confused and waiting for instructions –Laxity in seeking out clarifications, raising potential blocks and pertinent detailing are signs of low accountability

Rule book orientation-This is not the way it has been done in the past, I will wait around till it has become a part of an official record.

Denial –Shutting down any feedback and insisting that their approach is the best inspite of ample evidence to the contrary.

Wait and see-A head buried in the sand approach leads to serious fire fighting at a later and more crucial stage.

Not my job-Why should I shoulder someone else’s load?

Leaders need to ensure a 4 step process to bring in greater accountability – Awareness, Acknowledgement, action and accountability. A complete understanding of accountability in organizations must begin with an acceptance of the notion of “joint accountability.” One company president characterized what joint accountability meant to him: “everyone working together so that we don’t drop the ball; but when it does get dropped, everyone dives for the ball to pick it up.” “Unfortunately,” he said, “too many of our people see the ball falling to the ground between players but react by saying ‘that was your ball.

However, when people view their accountability as something larger than their responsibility, people find themselves feeling accountable for things beyond what a literal interpretation of their job description might suggest (i.e.,profits, customer complaints, sharing information, project deadlines, effective communications, sales, and the success of the overall company)

Wednesday, 21 October 2015

THE MOST PERSONAL BUSINESS CONFERENCE EVER

The CIO Leadership Event is a global platform for the senior-most technology decision makers. Designed to engage 60 of the most influential IT leaders from across Indian enterprises, the conference enables participants to come together, discuss, deliberate and lead the way on how IT can impact business.

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Set in the picturesque beach town of Alibaug, the event provides the perfect environment to relax, unwind and contemplate away from the hustle and bustle of the regular office.

WHAT KEEPS YOUR CEO AWAKE AT NIGHT?
by Jay Kumar Hariharan


Jay Kumar Hariharan is a Leadership Coach who works with CEOs and their direct reports in building and sustaining high-performance client-centric organizations. This workshop is a facilitative engagement that explores why organizations across the world are looking at interdisciplinary learnings as a disruptive exercise. The workshop will help you and your team to prioritize, strategize and serve customers better.

NETWORK LIKE NEVER BEFORE

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The CIO Leadership Event is designed to enhance your personal and business network. Be it the live bonfire and barbeque by the poolside, or the sports bar dinner with a celebrity bartender, network in a relaxed atmosphere that fosters sharing, bonding and collaboration like never before.

ACTIONABLE INSIGHTS

The focus of the event is to generate action items that live on after the event. Participants will be divided into groups of 10 to deliberate business problems and the discussion points from each group will be shared at the end of the conference. Not only will this make the conference a lot more interactive, it will also serve as input for future strategy.

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Tuesday, 20 October 2015

Change and Industry

According to a Gartner report –over 90% of all large projects fail due to People issues –42% was attributed to Leadership, 27% attributed to org culture -23% attributed to People -4% to technology and process respectively.

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When IBM commissioned a survey of change management executives in 2008 ,the biggest barriers to Success were listed as People factors –58% of them polled Changing mindsets and attitudes ,49% polled Corporate Culture and 32% cited Lack of Senior Management support.

In an in interview based study of Software development projects commissioned by Geneca ,75% of project participants cited lack of confidence of project success due to “Fuzzy business objectives, out-of-sync stakeholders, and excessive rework”. Leadership IQ research team found 286 organizations that recently ousted their CEO and interviewed board members to discover the reason.

The answer was that the CEO was removed when the Board lost confidence. The top 5 reasons that the board felt were as follows:
  • 22% of the board thought there was too much talk and not enough action 23% felt the Ceo was in denial of Business Reality
  • 27% felt that the CEO tolerated Low performers
  • 28% felt that the CEO ignored customers while
  • 31% felt that the CEO had mismanaged Change .

Sometimes a small change in a product category can have far reaching consequences with regard to economies of countries. Thanks to an eternal disruptor like Apple, The 38 Billion $ Swiss Watch Industry is poised for turbulent weather. 

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The Apple Watch may reach sales of 20 million to 30 million in the first few years very close to 28.6 million watches exported by Switzerland in 2014 says Elmar mock –the co inventor of Swatch.While some Swiss brands such as Tissot, TAG Heuer and Montblanc are dipping their toes in the smartwatch market, the industry as a whole has been underestimating the threat.

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Monday, 19 October 2015

When an employee “quits and stays”!

Disengaged workers cost the US economy more than 450-500 Billion $ annually –How much do they cost at your organization?

Harsh works for a medium sized firm that specializes in offering Technology solutions to the Financial services Industry,he has been with this firm for the last 4 years .He had worked earlier with a competitor’s firm for 3 years after he had passed out of a premier engineering college .He was bright, talented and a good team player .His managers would give him a satisfactory rating year on year and he would get promoted with role advancements that were sporadic in nature. Of late ,he has started noticing that the days have started to blur ,the sense of newness and urgency was fading ,his smoke breaks were longer ,he was laughing a lot less at work ,he would want to get by with just the existing demands of his job .

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The perplexing thought was this –he could not really put his finger on what was really troubling him ,of course there were challenges ,Piyush ,a friend of his working in the same team got a better role.His manager could sometimes be confrontational when results were delayed .He was bored and tired even to be angry or give feedback about the way he felt .When he would chat with his friends ,they would tell him “not to kick a gift horse in its mouth” –the fact he had a decently paying job should be respected ,Every Organisation has the same issues

These chats left him unsettled –“why doesn’t anyone look at the world from my POV ? how can I bring back my mojo ? Should I leave this job and get another one? What if the new job turns out to be the same or worse than this one? All these questions frustrated him.

Welcome to the mind of a “Disengaged Employee” .We have all been there at some point in our career .Consistent disengagement costs organizations 30% of their productivity .

What can the Leader do in this scenario?

They can’t afford to have a “lets cross the bridge when we come to it “ approach .When an employee walks in and says he wants to quit ,the most amazing Volte face happens –the manager who thought he was a drain on productivity has some nice things to say ,then,the big guns are pulled ,The Human resources Team is made to work in order to ensure this “average” employee is retained ,some times ,demands are met –.Eventually ,the employee sees through the duplicity of the organization.

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Active engagement conversations need to be a part of the process ,this is very different from performance conversations .Employee engagement data and research promote a simple message –Employees want a relationship with their Leader .They feel engaged when they are able to have honest ,open two way conversations about their ideas,careers and motivations and challenges .They need Leaders to listen ,offer encouragement ,guidance and creation of opportunities .Leaders often shy away from these conversations ,they just can’t “find the time”.Sometimes,they come back to the table with “all this is fine for my subordinates “ -What about my needs ? Absolutely valid point.”The Deprived cannot provide” –A disengaged Leader cannot engage his subordinates.

Signs of engagement conversations:

·Emphasis is on employee’s career, motivators and satisfaction.

·Initiated by the leader or often the employee

·Focus on the now and the future

·Leader doubles up as a coach

·Employees role is to identify motivators and factors for job satisfaction

Whilst, leaders won’t always be able to keep all employees engaged all the time, a greater understanding of the engagement coaching process will result in a big win in the long term.

Friday, 16 October 2015

How do you communicate with yourself

When people talk to themselves, communication takes place within the brain. It embraces their thoughts, experiences and perceptions during a communication event. Behavioral responses on all other levels of communication essentially begin at the intrapersonal level. On this level, the individual forms personal rules and patterns of communication.

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Mental models that exist in our heads and which have been programmed help us in making sense of the world we live in. Our own baggage of needs, values and beliefs help us make sense of all the data that comes pouring in through our senses. Thinking is a process of intrapersonal communication, really what is thinking? When your mind asks questions and answers it as well, that is thinking in a simplified manner, which brings us to a very important facet –Questioning.

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This Socratic method of gentle enquiry has yielded rich results in various forms of communication. In fact, if there was one major factor behind successful and resilient leaders it is this –They managed to ask the right questions? Einstein famously remarked –“If I had an hour to solve a problem that would save my life, I would rather spend 55 minutes in thinking about the right question that needed to be asked, once I know the right question, I can solve the problem in 5 minutes”, there are questions that empower and questions that disempower! Any prizes for guessing what questions successful people ask more of?

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I am sure you have been in meetings completely present in the moment, in the zone and you asked a question that made the listeners stop in their tracks, and you knew that was an important turn in the meeting, newer possibilities, focus and energy emerged as a result of that question. Consistent questions that are asked by leaders at the workplace speak a lot about the culture of that organization. Track the questions that are being asked at your workplace, If they are not forward focused and empowering, there might be a dearth of superior evaluations. Questions have the capability to sharpen the focus between proximal and distal goals.

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Thursday, 15 October 2015

Speaking and service media

I am engaged with speaker bureaus around the country including the IndianSpeaker Bureau

A coach is your partner in your transformational journey,a professional who offers support to discuss possibilities and co-creating a plan to achieve what you want.

He offers support for life changing decisions and challenges you to expand views and direction. He works with you over a series of coaching sessions that acknowledge and encourage your journey from Point A to Point B and works with you on the mindset, skillset and tool set needed to achieve your dreams.

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