Showing posts sorted by relevance for query we are dying in emi. Sort by date Show all posts
Showing posts sorted by relevance for query we are dying in emi. Sort by date Show all posts

Tuesday, March 15, 2016

We are DYING in EMIs

Yes,  we all know about paying EMI but what we are ignorant about is,  we all are also drying in EMI.
As per the recent ASSOCHEM survey, due to demanding schedules, high-stress levels and performance-linked perquisites in private sectors, nearly 85% of employees in private sectors are afflicted to lifestyle, chronic diseases and acute ailment, according to a recent survey conducted on the occasion of ‘World Health day’.
We human beings are not compatible to cope up with fast moving technologies and severe competition. Bill Gates writes about Business @ The speed of thought, but we are also dying at the speed of thought while doing at the speed of thought. Continue Reading....

Monday, April 18, 2011

U are not DEAD , but are U Dying in EMI !!! Wake up and Wake yr Boss up

People are dying from job related stress. Actually dying or moving fast towards death 
with diseases like stress related diabetes, cardiac problem, high blood pressure etc. 

(DEAD: Raghu Pillai of Future grp, R Ravimohan of Reliance, ex CRISIL, Ranjan Das of SAP, Dewang Mehta - NASSCOM are the known examples & DYING : Most of us)

Unfortunately the pace at which economy (due to technology) wants us to react is so fast that human species will take time to adjust. Like the versions of the IT products we also need advance versions of  people who can take on the technology and can react and move at speed of thought. I am not talking abt development of technology but the speed at which things in the world happens due to sophistication of technology is the KILLER.

Technology is just a one part, problem with CAPITALIST society is that Capital is d only measurement of success.All our measurements of success surrounds CAPITAL. ROI, IRR, EBIDTA, EPS, ROCE, PBT , EVA and that's it. Failure or success is defined by these figures. PERIOD.   
Which company actually measures stress or happiness of the employees , suppliers (Quick deliveries and delayed payment) & customers on an on going basis and actually work towards improving the happiness and lowering the stress? No Annual Reports talks about people's happiness or customers happiness due to the existence of the enterprise.  People talks about triple bottom line (one each for Shareholders, Society and Environment).We have regulator like SEBI and minister like Jairam Ramesh so two of the three are looked after to some extent (environment reporting is negligible).  Society incl people (HR) and customer influenced by the Enterprise is invariably ignored. 

Companies in the US like Zapoos is one of the very few who has taken up HAPPINESS as an objective of their existence and they are working on delivering happiness not just to their customers but to people across the globe. 

Unless the focus changes things will not change. Unless  we care abt the people more than the shareholders  things will not change. Unless our annual reports are driven by people, customers and society at large than by Companies Act things will not change. Which company will wake up first??  Infosys did it once on governance and reporting transparency.  
Who will take the lead this time? Are we not extremely conditioned!!!

Wednesday, February 6, 2013

CSR Drama Vs Unhappy Employees

Yesterday got news of one more premature death (heart attack) at the age of sub 30.  That reminded me of my 2011 blog We all are dying in EMI - Courtesy Job Related Stress . The deceased was working in forex dealing room. Probably one of the most stressful jobs. 

Forget the nature of job, all jobs have become stressful , huge demand on human being at work place. Why? Cuz Finance professionals have taken over the performance matrix. Only and only finance matrix is considered to evaluate the success of the entity.   At the cost of mass stress and unhappiness , handful of the shareholders are enjoying fruits of success. Our models and matrix have become unsustainable. Forget environment and community, people working for the organisation are facing biggest threat. 

This CSR drama must end and actual CSR must start from within. Within the organisation. Making their people & customer happy is the real CSR for every business. What is the fun of CSR when there is tax evasion , poor quality , mis-sell & pathetic people policies? 

Zapposs of the world and happiness officer like  Alexander Kjerulf of the world MUST spread like avalanche in the business world. We must have happiness matrix given equal if not more importance to finance matrix to measure success of the enterprise. 

We are talking about sustainable business practice, starting point is - happy employees & happy customers and not just shareholders.