Friday, August 26, 2011

The Divorce Degree


There's a reason the MBA has earned a reputation as "the divorce degree."
Business school students are typically older than other professional degree-seekers (27, on average), and a higher percentage (about one-third) are married or engaged to be married. Some have children. That means applying to a Business school, and then, to jobs, can be an emotional roller coaster for two. Combined with the financial strain of going from two paychecks to one (or none), the round-the-clock nature of a full-time MBA program—from morning classes to late-night pub crawls—can put serious stress on relationships.
I have been thru this and I can attest it takes alot of commitment and supplications to bonus bolts of energy to go play with my baby girl ( 3 months then) when I would get home from a full time job and a full day at night school.
My wife has been very supportive, thou we were both pursuing our Masters degree at the same time, she finished hers first and started to handle the home.
We have had our fair share of arguments and fights. “You have no time for me” was her motto while mine I believe was “You were saving this task for the time I come home!”
Overall it was stressful and initially there was a period of turmoil. However, eventually things started to settle down and we compromised. I would try not to complain about being tired and she would try not to have tasks waiting for me when I got home.

:)

For many thou, it is not this simple, unless the relationship is unidirectional. Now that is a different thing.

Friday, August 19, 2011

Passing comment

From the numerous interviews that I have conducted of fresh MBA’s or BBA’s - here are my conclusions:
1. They have very little idea about the “real” world
2. Their dreams do not come with a reality check button
3. Mentorship is lacking
Why did I pick students of Business Administration? Simple these are the people who will be the mangers of tomorrow. HR, Finance, or bachelors in a discipline followed by MBA.

Thursday, August 18, 2011

Why should anyone read my blog

So, why should anyone on the WWW read my blog?

They should not. I strongly take a stand on this. No one should be allowed to read my blog. I dont read what I have written, and no one else should be put thru this agony either ;)

Ok, I dont mean that 100% ... people should have the free will to read what ever they wish to read. Well, its not my words that are going to make someone free, liberal or unrestricted...that has already been done by other far more competent and thought provoking than I am at the moment. I dont claim to be smart either. People should attest to that. My own words should not be my judge.

Read what you like, write what you like. Feel the freedom. My keyboard is creating alot of issues. Almost like the little red ant buggers :)

Shall put up pictures of our beautiful locations today. wait for them.

Wednesday, August 17, 2011

Luck as a selection Criteria

Napoleon had an interesting final question for his Generals whenever a Chief of Staff was to be selected from amongst the Generals or Top brass.
He would ask them “How lucky are you?”.
He would choose the luckiest one in order to benefit from his luck 
What about us? How do we go about promoting our teams?
1. Performance Management?
2. Bribe ? ;)
3. Contact?
Think about it?

NGO with a vision

My wife volunteered here a little while back. Amazing place.

The kids were happy and it really seemed to have contributed very positively to their lives.

Kids of "kam walis" and Gypsies are given admission free of charge. They are tutored in the following:
1. Academic courses
2. Personal grooming
3. Religion
4. Livelihood Skills
The first three are self explanatory. Thus I shall not go in to details for them. The fourth one is rather interesting as it gives them the skills to earn a living after they leave the secure confines of the school.
The kids are taught how to make embroidery and stitch ornaments on fabric. These templates so to speak are then sold in to the US and Canada markets and the profit from them are used to primarily finance all the activities in the school.
These templates are made on “khadis”. I got a chance to see them when I visited the school at its old location in PAF, Cantt this year just before they moved the school to the new location in DHA.
We should all in the very least contribute by volunteering in such organizations to see firsthand the impact they are making the lives of our future leaders.

Tuesday, August 16, 2011

Spending

If you spend on things that you don't need, you will not have any money for things you need

Nothing special, funny or very provking about this. Simple and I feel very powerfull.

I have spent a life of a big spender. I love to spend. Usually I cannot rest as long as I have any money in my pocket that is not accounted for. I would thrive on a life where my very much significant pay cheque would be devoured within moments :)

Why?

I didn't feel very nice "spending" time on this question. So I moved on to the What will I do about it and How will I do it.

Long story short, I stopped. I put an absolute stop to all my spendings. Then slowly started taking care of my loans, Gadgets, gifts, parties and now, 9 months from the date I started, I am almost debt free and I can now say that my January 2012 resolution will be to safely save half of my take home salary every month.

If anyone feels like asking for advise...Please do :)


SO.... The first change is from within.

Tit Bits

A couple were being interviewed on their Golden Wedding Anniversary. "In all that time - did you ever consider divorce?" they were asked. "Oh, no, not divorce," one said. "Murder sometimes, but never divorce."

It's a safe bet you know all the advantages of your product or service. But it isn't product advantages that close the deal - it's customer satisfaction. Product advantages don't mean a thing unless and until your prospects visualise what the products mean to them personally. The more you appreciate this fact, and the more firmly you keep it in mind, the more effective your sales presentation will become. Talking in terms of product advantages is like trying to sell a man a sports jacket without letting him try it on. He simply isn't going to buy it until he puts it on and looks in a mirror. Then he can see what the jacket does for him and generate a real desire to own it.

Translating product advantages into customer satisfaction isn't difficult. It's merely a matter of customising your approach, of presenting your product or service in terms of the desires and satisfaction of this particular prospect. Yet it's amazing how many salespeople are content to generalise. They talk endlessly about what a wonderful sports coat they offer, but neglect to have the prospect put it on.

The most important thing you can do to close any sale is to paint the prospect a vivid, realistic picture of future satisfaction - so vivid and appealing that he or she can't wait to grab your pen and sign the order. That's what selling is all about. People don't buy product or services - they buy the expected satisfaction of using and owning them. Paint a picture of each prospect's satisfaction at the start of your presentation and keep it up till the order is signed. Don't talk in terms of product advantages, talk in terms of future satisfaction - until your prospect can see it, feel it, and taste it.

To believe with certainty, we must begin with doubting.

Ever come across an article about your product or a similar product in a trade journal or newspaper? Cut it out, have it laminated with plastic, and carry it with you to show to prospects or clients. If the article talks about the product in positive terms, it will help reinforce your sales presentations. If it points out negative aspects as well, use it to show how your product differs or how the product has been changed to eliminate those problem areas. If you want to include copies of the article with the literature you give to clients, write to the publisher and ask for reprints of the article. They're often printed with the masthead of the publication across the top and make impressive pieces to leave behind.

Scientists estimate that the average person's impression of the world is 87 percent visual. Hearing, taste, touch and smell make up the other 13 percent. What this means is that salespeople can't afford to concentrate solely on the verbal aspects of their presentations. If they do, they won't be making the most of their product or service.

It's not the words alone, but the total picture you and your company present to a prospect that counts. This includes the attitudes, actions, and visual impressions made by everyone who contacts the prospect. Take the way you handle your product, for example. If you take worn, dusty samples out of an old battered sample case and dump them casually in front of prospect, what kind of impression are you making? Obviously the prospect won't think much of your wares if you treat them with disrespect. On the other hand, if you treat your company's products as if they had great value, you're more likely to instil that feeling in the prospect.

Everything the prospects "see" has a tremendous effect on them, consciously or unconsciously. This includes your appearance, the quality of your presentation materials, your briefcase, the pen you give them to sign the order with, and the cleanliness of your car when you take them for a ride, the smile or the frown on your face. The top salespeople in every field take pride in their products, their company, and themselves. And they reflect this pride in everything they do, visually as well as verbally.

They also do everything they can to show prospects the benefits they can expect from using their products. The salespeople know that words are not enough. If you want your customers to think your products and services are valuable, you have to treat them that way, every chance you get. Don't think people don't notice these things. They do. And it will make a difference.

Most people don't plan to fail - they fail to plan.

The more I want to get something done, the less I call it work.

A famous teacher once said that if he saw a pupil in despair over his work he always gave him a higher mark than he deserved. The following week the student always made a higher mark himself.

In a poem "Ode to Retirement" by Len Ingebrigtsen, is this line: "The reason I know my youth is spent? My get and go and got up and went."

Franklin Roosevelt started his career as a lawyer in New York. One of the first cases he was retained to represent was a particularly difficult civil suit. The opposing lawyer, a notable orator, did well in his pleadings before the jury. However, he made one big mistake: he talked on for hours.

Roosevelt, noticing the inattention of the jury, decided his strategy. When his tun came to sum up his client's side of the case, he merely said: "Gentlemen, you have heard the evidence. You have also listened to my distinguished colleague, a brilliant orator. If you believe him and disbelieve the evidence, you will have to decide in his favour. That's all I have to say."
Within five minutes the jury returned. It had ruled in favour of Roosevelt's client.

Somebody asked the owner of a small country store why he didn't advertise. "Oh, I tried it once," he replied, "but people came from all over and bought nearly all the bloody stuff I had."

A leading business authority makes an interesting distinction between those in an organisation who have power and those who have authority.

Power, he says, is something earned, a sharpening of abilities and talents within the individual, generally over a long period of time. Authority, on the other hand, is something which is conferred on an individual. It usually accompanies a certain job level or position and can be withdrawn at any time. Not so with power. It is something you "give" yourself by making the most of your talents and abilities. Only you, therefore, can deny it. Authority, concludes this expert, is always insecure unless it is based on a real and positive power, that is, on ability.

Judge a man by his questions rather than by his answers - Voltaire.

Fish For a Day

Helping the needy is a good thing...is it?

I like to think along the lines of developing a system where people can start to earn a livelihood instead of always waiting for hand outs.

So, how can I do that? I am thinking and these are just my thoughts.

How about starting a charity that collects money, finds needy people, thinks of ways that they can earn a livelihood and then implements the plan for them. We can monitor their performance and give them tips on increasing their performance?

Another way could be to work along some NGO?

Why not create an NGO of like minded people? Hmm...let me talk to my Dad...