Tuesday, December 29, 2009

It’s apparent by the dozens of ‘mail forwards,’ that happiness is much in demand. The stakes seem to go up by the day with ‘forwards’ stating tangible values as the outcome. Well, who doesn’t want a million, especially when it could come after a few clicks – keying in names from the friend’s list. A new job? It’s not surprising that ‘forwards’ reflecting ‘new jobs’ have been on the rise as the downturn had rendered many jobless. Any mail promising something even remotely close to a job would certainly entice the jobless and hence the rise in such forwards. ‘Forwards’ have become a priority for many - my friends and relatives categorize them as important, urgent etc. They can’t be blamed. When you’re in a sticky wicket – you tend to reach out to even the most impertinent of stuffs. And, when there’s a tinge of a intimidation in the ‘forward,’ there is desperation and hence it goes to the ‘urgent’ mails. On many occasions I have myself opened ‘forwards’ that blaringly stated – ‘if you don’t forward this to 10 friends in the next 10 seconds, your boss will call you aside to share a bad news.’ Do I take a chance?

These days I ignore most of the forwards and try to stay focused on what I want. It’s a lesson I learnt from a friend who was desperate to get clients for his new consulting business. He went through a rough patch especially in the first few months when the recession set in. However, his undying passion and perseverance in following up with prospective clients; long wait at several coffee shops across the town clearly reflected a promising future for the business. He is now a jet-setting consultant but still trying to push clients for the next appointment. When asked the secret of his success and that too in a short time, he said, ‘what you focus is what you get?’ That for me was a powerful statement with multiple connotations. Ever since that day, it was easy for me to overlook enticing mails – be it job offers or a million for just forwarding.

Coming back to the forwards reflecting happiness – if one is genuinely focused on creating happiness to 10 others – am certain it’s just a call away or worse a personalized e-mail away. Remember the days when we were deprived of such instant communication tools, the days when we wrote long letters to friends? We were always trying to establish a connect, which would provide an emotional high, right? Why can’t we recreate such ‘happiness’ with instant communication tools? Every time I call my Mom, she says don’t forget to call on Sunday evening thinking that am busy and can set aside time only on Sundays for her. Well, these days I call her at least twice a week. One interesting change has been the change in the structure of our relationship network – from a two-way, expectation-free network, our relationship is turning out to be unidirectional and purely driven by profit motives. It is so because one ‘expects’ something back from the relationship being established. The moment one ‘expects’ something from a relationship, there will arise a critical yardstick called satisfaction. Knowingly or unknowingly one prioritizes activities to carry on the relationship, based on the ‘expectation’ and the ‘satisfaction’ derived from the same. Happiness is thus only a possible outcome.

As the authors of The Go Giver says, When you base your relationships – in business or anywhere else in your life – on who owes who what, that’s not being a friend. That’s being a creditor. The authors further state that “Your influence is determined by how abundantly you place other people’s interests first.” For me, it’s all about being invested in people, it’s all about ensuring the person next to me is happy.

Tuesday, December 01, 2009

Value Add

India has been witness to organizational transformations and business model innovations. Pepsi, the beverages major says that it will tailor the company’ global model to suit Indian markets. IBM, has been stressing its unique approach to India by ‘lowering its center of gravity.’ As companies rev up to emerge successfully on the other side of the down-turn, many seem to be changing their business models while trying to be as close as possible to where the action takes place – the market. More and more of these organizations are scampering towards reviewing their own values and culture while simultaneously attempting to adapt to the dynamic local markets, India for instance. It is obvious that only those organizations that are nimble and flexible will thrive as they experience unusual and challenging market scenarios. How can a successful company operating in a mature market in the US and replicate the same operating model in a remote village in India? The answer to this lies in the success of shampoo sachets introduced in villages across India by a small firm in Chennai, India. The company, through this initiative changed the existing landscape for shampoos.

How did CavinKare disrupt the market with shampoo sachets? Simple, it understood the market better than the gorillas of the industry. Its employees gave an insight that transformed the company’s fortune. As organizations transform their business model, it is imperative for the employees to change their working model as well. What are the necessary competencies required for the future? Well, the obvious answer would be deep domain expertise that ensure the power to leverage insight as well as foresight. Take the example of IBM. The company leveraged its global ‘Steel expertise’ to develop a template that can be put to use in markets when the demand picks up. It had the foresight that Indian steel manufacturers would adopt the template two years before they actually did. However, it’s common knowledge that there is a dearth for such specialists. Even if they’re available, it’s at a premium.

Such specialists come with unmatched and unbridled passion that organizations find it tough aligning them to their culture. What is the solution? One way to overcome this would be to let employees work part-time – allow them to undertake whatever they are passionate about for the rest of the time. Organizations can align their business goals with employee’s personal goals and derive utmost benefit. There should of course be some alignment of objectives. For instance, a journalist who would like to focus on the NGO’s can possibly pass on intelligence in leveraging the NGO’s for building a targeted information network.

A finance executive who passionately believed in contributing to the society relinquished her plum job to focus on mobilizing funds for a school for the under privileged. Her firm later allowed her to follow her dream but engaged her with the company on a part-time basis. While she could network with the firm’s clients for funds towards the under-privileged, the firm benefitted from her expertise and also the NGO’s client base. As organizations re-visit their values and culture, employees should do the same. It’s time to follow the heart. The finance executive re-joined the firm because she knew the association would be mutually beneficial and that her expertise in the firm could uplift a part of the society.

As Rosabeth Moss Kanter writes, People search more broadly, see more opportunities, and generate more ideas if they are encouraged to think about the world and not just about their function. If they look closely at society, not just as a market abstraction but as a collection of fellow humans with needs worthy of attention, they see that there is always room for improvement. "Better" is always a moving target. When people feel their ideas will contribute to serving society, beyond the quest for revenues and profits, there is an additional motivational boost to focus on new solutions, not just pushing more of what they already know. They care about solving the problem because it is connected with their values, and they are willing to keep working until the problem is solved, not just until they have a product to throw over the transom.