Why ‘No’ is the Most Important Word You’ll Ever Say.

Why ‘No’ is the Most Important Word You’ll Ever Say.

I chase every opportunity that comes in my way. My company was brand new and I needed clients. To grow my career, I said yes to everything. At first, it was great. My professional network grew. But then I hit a wall. I was exhausted and overcommitted. My calendar continued to fill up, but my bottom line was stagnating. I was so busy chasing down every opportunity that I became unfocused. So I took a step back and started to measure what events and activities actually made my career grow. I changed my career model and agreed only to the opportunities that helped me scale my career growth and I learned to say no to everything else. So why is one tiny word so hard for most of us to say? It’s because deep down inside, we all want to be liked. We worry that saying “no” will change the way others view us. This can be especially difficult if you’re a people pleaser. But before you take on any more responsibilities, here are some guidelines to consider. Be proactive.When you say yes to every opportunity, your actions become reactive and it can bleed in to other areas of your business. You may become oversensitive to pressure-filled situations and lose focus. Reactive entrepreneurs often become slaves to the demands of clients, employees, investors and partners. Instead of working toward your long-term goals, you could find yourself chasing after every dollar — and undermine your future earnings in the process. Develop criteria for events.Make a list of objectives and goals for yourself and your business. When you decide to attend an event or conference,...
Nine Myths of Success- Debunked!

Nine Myths of Success- Debunked!

Success, in itself has no definite meaning, as it changes from person to person accordingly. But on a general note, the common idea of success means financial affluence, increased societal status, a happy family, and many such indicators. Since there is a clichéd understanding of success, there are also a few connotations attached to it. Not necessarily true, here we are debunking much popular notions surrounding the popular idea of success: 1. Success makes you a better person When people work in a very demanding role that makes them deeply competitive. It rubs off on their personal life also. People seem to be on a short temper all the time, flaring up at people including their family for no reason. Once this is realized, people can make an attentive effort to separate their work life from personal life and things can soon return to being normal. Staying level headed and not letting success go to your head sometimes needs a conscious intent! 2. To succeed, you need to focus on some parts of your life more, however once you are successful you can balance your life again When you focus too much on one aspect of your life at the expenditure of other aspects which are equally important, you cannot always escape the consequences. Let’s look at an example. In 2009 Ranjan Das, the SAP India CEO, died of a massive heart attack. He was 42 years old and active in sports, was a fitness fanatic and also a marathon runner with no history of any type of cardiac problem. So what led to this tragedy? Apparently, as he had...
Why Modern Leadership is So Hard?

Why Modern Leadership is So Hard?

Being a leader in today’s world, can feel almost impossible because it appears like you are being pulled in two broadly different directions. On one hand, many of the executives in the c-suite expect immediate results, i.e. short game. On the other hand, you have to play the long game, i.e. with your primary focus being the people whom you are leading. Not to mention you should cater to the wide-range of different generations and also display the leadership styles that each individual on the team needs to perform their best. It sometimes puts the modern professional leaders in a difficult situation and it’s hard to know which is the right way to follow. Lead How You Authentically Lead or Lead How You are Being Told to Lead  One of the recent survey showed that there are 2 Million new employees promoted into the leadership roles in each organizations every year.  However most of the 60% of them fail. Meaning that, 1.2M people fail every year at leadership roles. It’s astonishing to think about it and the effects are huge, which are: Loss of confidence Lack of work fulfilment Eroding workplace culture And the list could go on and on, so here are some of the suggestions you can do to avoid from becoming a statistic in the failure column: Learn From Others, but Be Authentic: SAP CEO, Bill McDermott on the Follow My Lead Podcast said something interesting. He said “At the end of the day, leaders should be authentic and the only way to do that is by learning from other great leaders and then learn lessons of your...
Why businesses should invest more in employee training to enhance profit margins

Why businesses should invest more in employee training to enhance profit margins

Many early stage startups expect new employees to acquire skills on the job, while some large corporates too generally don’t invest much in long-term employee training programs. Companies don’t train workers anymore because of different apparent factors such as the changing nature of work and constant job hopping by employees. But businesses should continue to invest in all their employees. In fact, these are the people who plan, process, and propel a business and help to achieve its ultimate goal, which is profit maximization. Every person in every department works for this supreme objective, directly or indirectly. Many falsely presume that only sales and marketing people are responsible for revenue generation. In practice, be it a production engineer or an account manager, a market analyst or an HR executive, all contribute immensely to maximize the business profit. Only those organisations where all people work with solidarity achieve annual targets and get success in the long run. As per the HR Magazine, companies that invest $1,500 per employee annually on Teaching and Learning (T&L) activities earn 24 percent more profit margins than organisations with lower training budget. A similar study conducted by The American Society for Training and Development (ASTD) reveals that out of 2500 companies firms which had provided comprehensive training to its employees availed 218 percent more income per employee than companies with less aggressive and non-comprehensive training approach. Now, it is a firm belief of a majority of corporate giants all over the world that by leveraging technical and professional skills of the employees, businesses can make higher profits without endangering their sustainability. How to gain optimal...