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Showing posts from May, 2012

AIR INDIA : THE MID AIR JOKE ON TAX PAYERS

A report on the functioning of Air India by the Comptroller and Auditor General (CAG), tabled in Parliament today, squarely blames the civil aviation ministry for the financial quagmire in which the national carrier finds itself. One of the basic reasons found by CAG for the mess is that crores of rupees were wasted in the ''risky'' purchase and leasing of aircraft. It adds that one 'defective' contract with Airbus led to a loss of Rs200 crore. The report also calls the merger of Air India with its counterpart Indian Airlines, which ran services within the country, as "ill-timed". Alleging lack of due diligence, it says that no benchmark assessment of the cost of the aircraft was carried out before negotiations for buying them, and the acquisitions seemed to be merely supply driven. The report points out that Air India was carrying a debt of Rs38,234 crore as of March 2011. It added that Air India hastily reworked its earlier acquis...

THE MAGIC OF POSITIVE THINKING IN CAREER AND BUSINESS

SO HOW DO I GO POSITIVE ?  Most people have heard of the book by Norman V in cent Peal – The Power of Positive Th in k in g ..... but people usually associate this with positive th in k in g in the personal space. How many apply the power of positive th in k in g to their work / bus in ess? As a contrac to r, consultant, freelancer or micro / small bus in ess owner, manag in g your bus in ess can be stressful, and it is very important to ma in ta in a positive attitude in everyth in g you do in relation to your bus in ess. It can be the difference between success and failure. You will f in d it easier to manage if your attitude is that every issue or problem is actually an opportunity. In four simple words "believe that you can!" As Sir W in s to n Churchill once said "Attitude is a little th in g that makes a big difference" . How often do you hear people compla in in g about their cus to mers? They forget that without cus to mers they don...

WHY 'TRUST IS SO IMPORTANT IN CAREER AND BUSINESS

Organizations characterized by a high degree of trust are often the most successful. Trust is a big deal in workplaces. If I only had a dime for every time someone said, “I don’t trust so and so” in my coaching work! The word trust means many different things, depending on whom you ask. In my management training, I ask participants to write down 10 words that equate to what trust means to them. I typically get more than 100 different responses. Answers range from integrity, confidence, moral values and predictability to being able to count on someone. When it comes to high-performing teams, I equate trust to someone’s willingness to be open, exposed and “vulnerable.” No matter the definition, one thing everyone agrees on — trust must be earned and it’s much harder to earn than it is to lose. Developing and maintaining trust is critical to success in your career, workplace teams, leadership and business. Trust is the foundation for all things good in workplaces. I ...

WHY TRUST IS SO IMPORTANT IN BUSINESS AND CAREER

Organizations characterized by a high degree of trust are often the most successful. Trust is a big deal in workplaces. If I only had a dime for every time someone said, “I don’t trust so and so” in my coaching work! The word trust means many different things, depending on whom you ask. In my management training, I ask participants to write down 10 words that equate to what trust means to them. I typically get more than 100 different responses. Answers range from integrity, confidence, moral values and predictability to being able to count on someone. When it comes to high-performing teams, I equate trust to someone’s willingness to be open, exposed and “vulnerable.” No matter the definition, one thing everyone agrees on — trust must be earned and it’s much harder to earn than it is to lose. Developing and maintaining trust is critical to success in your career, workplace teams, leadership and business. Trust is the foundation for all things good in workplaces. I ...