Prospect of New Banks Stirs Up a Dull Hiring Market

Executives at head hunters Egon Zender, Heidrick & Struggles, Randstad and Vito India are suddenly on their toes in a dull hiring market as bank license aspirants such as RIL, L&T Finance Holdings, Religare, and the Aditya Birla Group throng them to snatch the industry’s talent cream.
Banking experts at these hiring companies are burning midnight oil to identify candidates, from prospective chief executives to compliance officers, to compile a list that would impress the regulator and brighten applicants’ chances. Different headhunting firms are advising clients on their different talent needs and no mandates have been awarded yet. “The new applicants are looking at hiring people with credible track record and who can build a strong operating model and who have a strong corporate, rural, retail and SME banking background,” says Puneet Singh, partner, financial services and head-North India at global executive search firm Heidrick and Struggles. Singh’s organisation is advising some of the prospective top applicants on their talent needs.
They are likely to short list candidates from many banks including HDFC Bank, ICICI Bank, notwithstanding the sting operation, and Citigroup and State Bank of India. The candidates will be picked not just based on their years of experience, but will also need to have achieved success in building profitable businesses without compromising regulatory guidelines.
“They are interested in top guys from consulting firms who are into the banking and financial services sector, banks and financial services institutions,” says Aditya Narayan Mishra, president, India unit at the Dutch head-hunter Randstad Holding NV. There is a new buoyancy in the employment market and the Indian business community with the RBI spelling out guidelines for new bank licenses, ending a decade of false starts. Former Infosys chief financial officer Mohandas Pai, and L & T have thrown their hats into the ring. “It has been a long-held dream to start a bank,” said micro financier Ramesh Ramanathan, who plans to partner Pai in seeking a license. “The clock started to tick when the final guidelines came out.” Some of the publicly known aspirants for the new banking licences include Aditya Birla Financial Services, Reliance Industries, Reliance Capital, Shriram Transport, Piramal Enterprises, Mahindra Financial Services, Bajaj Finserv, L&T Finance, Tata Capital, Religare, Cholamandalam Finance, Edelweiss, Videocon and IDFC.
The financial services sector, which has been at the receiving end of the Indian slowdown, is seeing some recovery. Staffing company Manpower’s Employment Outlook Survey showed a 19 percentage point slump in companies that plan to hire in the second quarter of 2013 to 27%, down from 45% a year ago. State-run banks are hiring more than 55,000 candidates in the next few months. In fact, the employment market has been so bad that there were more than 17 lakh applications for just about 1,500 officer jobs at the State Bank of India. Even among the new banks, nonbanking finance companies such as L & T Finance and Shriram City Union, may be better placed with a substantial staff familiar with credit operations.

Source: Times of India


Goal Setting

Goal setting is one of the most powerful techniques that you can use to help accomplish what you really want in life. It helps you to move in a focused direction towards a target. The purpose of setting goals is to achieve it. Goals inspire us to do what we actually want to do. By having the goals you know where your efforts need to be put. Hence you can use your energy and time in the right way.

However not every goal can be successful and if a goal is not achieved there is no point in setting a goal. When we set up a goal, we are intended to be guided by the goal. Therefore, we should be active and motivated with the goal in order to achieve it half the time with double effort. In order to stay motivated with the goal all the time, it has some tricks in goal setting.

Below Q&A session are answered by Amit Bansal, CEO PurpleLeap

Harish asked, Sir, just one more question.. When a person is going though a bad phase, don’t you think the comparisons are bound to happen? Fortunately or Unfortunately, We live in a materialistic world where one’s achievements are measured with the amount of wealth he/she has been able to gain so far..

Amit Bansal answers, yes, you are right, and it is good you are aware that we are living in a measurement oriented world, but there is no specific answer to your question, guess one needs to explore that…all the best

Prshant asked, My goal is to switch my current company and to be a part of another big organisation and I am working towards it hard but I started losing my patience as jobs are not generating can you tell how to be focus and not frustrated and wait for right time because I want to switch in next 3 months that is commitment to myself?
Amit Bansal answers, sometimes we make commitments to ourselves under some compulsions, and sometimes these compulsions are self-imposed, you may to examine your assumptions about leaving this company and joining the next

Arvin asked, Hello sir, i am 37, single, no movable or immovable assets. going to be fired on 28 feb because of egoist and bad boss. company run by politically influential person. this is the first time i am experiencing such kind of defeat in life. father has got lucoderma after 25 years of his age and many people find this as issue during matrimonial proposals. i do not know what exactly to do, how to set the goals in my life for 1. getting new job after such a episode. 2. getting married 3. getting owned home. can you please guide?
Amit Bansal answers, What if someone had stated the same issues to you, how would you have advised that person, with this in mind, you may want to write down some solutions…difficult activity but worth trying…

suniltiwari1407 asked, thnx mr amit but can you suggest me some more regarding general plans for achieve that goals.
Amit Bansal answers, typically a list helps…so you may want to make one and then classify them as short, middle term and long term,

RAJAT NIGAM 83 asked, Hi I am into retail business and i had opened newly .Kindly let me know about the goals of the business and how to write it
Amit Bansal answers, typically what you are asking is done before you set-up shop

Sunandan asked, Sir, pls advice me how to overcome lack of concentration and how to keep my mind cool to achieve success in my final exam?
Amit Bansal answers, try sitting down for short periods without interruptions and then extend that time, but avoid going more than 90 mins…

Vinod asked, I have been out of job for the last few months. Its my first such experience after working for over 20 years. No matter how hard I try I have not been get myself placed due to the bad economic conditions. How can I approach this problem through Goal Setting. Need your help.
Amit Bansal answers, This does not seem like a goal setting issue, typically in today’s day and age, personal branding is very crucial, it is about who you know (networks) in the industry and of course also about what you know (exposure) and how well you know (expertise),

suniltiwari1407 asked, Mr.Amit i want to set goals about our own home good education for child and a respectful life after retirement what we can do for fullfill the same presently i am working with a reputed construction company in logistic and inventory department.and my age is 32 years.
Amit Bansal answers, goal setting and success is not only dependant on you but also dependant on those you are in close relations with. typically critical things like you have mentioned are achieved in partnership, the question is have you initiated that discussion at home?

dhruv2004 asked, amit bansal sir how to manage our time?
Amit Bansal answers, time is only one of the things to be managed…but you really can’t manage it, you need to manage yourself…

Harish asked, I never let setbacks win over over me. I’m strong enough to stand up and fight again, but in such a course, time gets wasted. Today my batch-mates are way ahead of me & even though I a topper in college; am not able to achieve a decent career.. What to do sir?!?
Amit Bansal answers, typically this could be a situation of comparatives, let us take an example, imagine you are going on a highway and you are driving a car…you find that there is car who is trying to drive faster than you, but you are not in a hurry, but you feel that you should beat him because you have a more powerful car, so you race him and suddenly you see that car stop at a hospital and you stop and find out what happened. the other person was having some medical emergencey and hence he was racing to the hospital. so the lesson is he had a purpose and you were only racing to compete (without a clear purpose)

Pradeep asked, Sometimes our heart says this is my wish and it should be the goal but our mind denies it and we are in a state od dilemma. what to do in this case. listen to heart or mind? but one will be suppressed.
Amit Bansal answers, this is case of a conflict in the mind, think about one situation where you were able to resolve a conflict (heart/mind) and how did you handle it?

sanjeev asked, If i feel that i cannot achieve the in the middle, resetting of goal which is achievable is right or wrong and please let me know the areas in which i can set the goal
Amit Bansal answers, as for resetting, it is a very thing to do…sometimes unavoidable as well

sanjeev asked, If i feel that i cannot achieve the in the middle, resetting of goal which is achievable is right or wrong and please let me know the areas in which i can set the goal
Amit Bansal answers, career, health related, monetary, relationships etc are typical areas in which goals can be set

Amit Bansal answers, typically in sales, the org will set goals for you, first you may want to know what those are and after that you will have to work with it…

Anitha asked, how to prevent negative thorught that prevent us to reach goals?
Amit Bansal answers, write the so called negative thoughts down in journal each day or maybe every few hrs. continue this and maybe an idea may stike you…

vijay asked, A general goal for evry one is making money in his lifetime.It looks to me like this goal is parent goal and all child goals will come under this?
Amit Bansal answers, while there is a general process of goal setting, priorities are very individual dependant, it could be that you are thinking about priorities

Harish asked, Sometimes nothing works in your case.. No matter how many times I plan and set goals, mother-nature (God) never lets me walk through them and things get worse.. 😦
Amit Bansal answers, Sometimes yes these things happen, it is also about how you respond to these so called set backs

diliplimhan asked, please help me to set my effectiv goel
Amit Bansal answers, the following may help you set your goal effectively, using each of the letters below write down or elaborate your goal(s)… S- Specific and also short and simple, M – Measurable and also it should be meaningful to you and also there should be more than 1 way to achieve it, A- Achieveable and also it can be thought of ‘As if now’ or present tense, R- Realistic and also it should be responsible or ecological good and of course it should be Right for you, and finally, T- Timed, and also toward what you want, it should be positive with no negations and comparatives…

diliplimhan asked, i dont understand hou to make my goal
Amit Bansal answers, writing down is the best method, zig ziglar (famous motivational author) has some very clear ideas (videos), you may to go through that,

vijay asked, if a person sets a goal and his wife is contradictor to that goal. he should redefine his goal or he sould ignore her.
Amit Bansal answers, this is a relationship related point, any good relationship requires nurturing and talking and of course listening, you may want to ask the importance of each of the above to yourself…

harry asked, Sir I am in real estate bysiness and sells flats, plots, commercial spaces etc. How to achive my goals. How to find new clients.
Amit Bansal answers, You seem to thinking about sales strategies rather than goal setting, you may want to start reading about your sector, along with this research you may want to start talking to experienced heads and figure out how they achieved sucess, finally there is no subsititute to actually talking to your clients, how to find new clients? well, that is a networking issue,

harry asked, Sir I am in real estate bysiness and sells flats, plots, commercial spaces etc. How to achive my goals. How to find new clients.
Amit Bansal answers, You seem to thinkign about sales strategies rather than goal setting, you may to start reading about your sector, along with this research you may to start talking to experienced heads and figure out how they achieved sucess, finally there is no subsititute to actually talking to your clients, how to find new clients? well, that is a networking issue,

sameera asked, To achieve any goal you should be financially sound, so basic question should be that How you should be financially sound, Am I right?
Amit Bansal answers, not excatly, well it depends on how you are defining the process of goal setting

vijay asked, we should define our goals and also time period to achieve or not? Because if we define time period it will be burden and stress. if not it will be endless goal
Amit Bansal answers, Good observation, that is how it is…it is about how you manage the internal stress, famously it is said that you should use time to your advantage rather than becoming a slave of it… it is about how you stay relaxed and also focussed on your goals, unfortunately there is no one single formula to that, it is about trying different methods of goal setting, followed by reflection and finally using something which works for you

Vikas asked, How does goal setting help in proffessional life
Amit Bansal answers, Actually quite simple- it helps you to become a better professional. aprt from monetary success, it may also give you recognition, respect and admiration and you may also be able to leave a legacy, but remember running behind any these mentioned sometimes decreases your chance to actually get it… that is the paradox of success

priyanka asked, can you please explain what are the things we need to consider to set our goals.. And how do we proceed towards it ?
Amit Bansal answers, Sure…typically apart from career, it is also critical to think about financial goals, spiritual goals, health related goals, relationship goals, check out mind tools on the net and you will get more ideas…another point is once you have your goals written down, you may experiment by sharing your goals with somebody your trust…this may give you the necessary confidence and clarity…

AnilKarande asked, Sir I am Insurance agent and I would like achieve MDRT this year. Please guide me.
Amit Bansal answers, TO begin with you may to ask yourself, whether do you know your product(s) well enough, and next do you really believe in them. If the first points are not matching then you may or not achieve success…no matter how well you set goals (of course you can achieve short term success but it may not give you long term)

Anoop asked, Amit a simple example or a goal would be to get up early in the mornin whcih we might do it for 3 days and again back to the old routine. How to refine this process?
Amit Bansal answers, This is not just about goal setting…to adhere to your mentioned task, you need to do manage your energy well…what do i mean by energy…well, you may to ask yourself whether you are getting enough sleep, whether you are excercising well enough, also whether you take a small nap during a day, or whether you are browsing a lot before you go to sleep, all of the mentioned points and some more will impact you getting up successfully in the morning

Amit Bansal says, What is SMART- since we are talking about goal setting, we all could benefit by applying it…S- Specific and also short and simple, M – Measurable and also it should be meaningful to you and also there should be more than 1 way to achieve it, A- Achieveable and also it can be thought of ‘As if now’ or present tense, R- Realistic and also it should be responsible or ecological good and of course it should be Right for you, and finally, T- Timed, and also toward what you want, it should be positive with no negations and comparatives…

red asked, amit sir, how to set goals n reach them??
Amit Bansal answers, Try using some techniques, here is one of the techniques, ‘SMART’ way of setting goals, here each letter stands for process in goal setting…

red asked, I always set goal but mostly on half way i loose my focus/get tired/get bored etc n leave half way.Even if i reach the goal successfully theres not much excitment and the feeling comes – ok wat next?? So hw to balance the things?
Amit Bansal answers, First of all this is a common thing which happens to all of us…also you need to examine why do you want to have excitement to reach a particular goal…this typically results in setting expectations for ourselves which may or may not match with the outcomes…

Anoop asked, PLease help in setting measurable goals and also the process in sticking to them? The problem is basically I stick to it for two days and then aggain gets back to the old routine.
Amit Bansal answers, You may to think about which goal you have successfully adhered to…analyse what has made you stick to it…what motivates you to continue to stick to it…then you may want to think about what motivations are not allowing you to pursue some of the other goals…


Chat Date: 20 February , 2013

Going Green at SJCET, Palai

The  4th semester students of St Joseph’s college of Engineering and Technology did a Nukkad Natak ( Street Play) as a culmination of a 28 hour  session on the  theme “ Go Green”. The 28 hours spread over 4 days saw the students discussing :

  • Relevance of going “Green”
  • Traditional models of water conservation
  • Eco -friendly technology
  • Eco-friendly products
  • Eco-friendly society and behaviour
  • Save environment movements.

Students made posters on saving the environment, designed Tee shirts with slogans supporting “ Go Green” movement, conducted cookery shows on 100 km food and a street play to spread awareness about “ Going Green”.

Tips to consider while setting a goal

The much awaited year 2012 has finally come. People have new hopes and dreams in their eyes and rest curious of the 2012 predictions. But life must go on and numerous have obviously made their New Year resolution. The goal setting step has been taken by many. But the concern is having to planned and decided on steps to be taken in order to accomplish your goal. Let us see what one has to take care of before setting goal and during achieving the same.

Take a firm decision
I think it’s all about the will power really. So before setting any goal, whether it’s a goal related to your career or a simple personal goal, make sure you take a firm decision in your mind that no matter what happens you will stick to them. Pledge firmly that you won’t forget about them until you achieve them.

Get priorities in order
Your goals should be in sync with where you see yourself in the time ahead. They should be in sync with your priorities. Having long term goals isn’t bad but you should first take into account your present situation and where exactly you are failing to improve. Once you get the idea, set goals which get rid of the immediate obstacles and assure an incremental progress.

Write them down
A very simple tip and a very effective one too. Write your goals on a piece of paper and paste it somewhere which can remind you everyday that you need to get them. No, I am not suggesting that you get paranoid. If you think that they won’t go out of your mind and you don’t need to jot them down, it’s good. But if there’s a slightest chance that you’ll lose sight of them, it’s better to have them written down and take a look everyday.

Take a deep look
Once you have written them down, take a deep look. Think about them. Are they realistic goals ? Or are you spreading yourself too thin ? My suggestion is to not set goals just for the sake of it. Whatever goals you have set and then written, make sure you have the strength, willingness and determination to achieve.

Make an action plan
So you have set goals, written them down and now you are all set to start working towards achieving them. First step – make an action plan. There could be more than one method to achieve a goal. Which one suits you ? Decide on it.

Track progress
Extremely important. If you don’t track progress, you don’t get an idea if you are going the right way and if you would ever achieve it in the time frame you had set in your mind. So track your progress everyday. There are various methods and tools to track progress and I’ll discuss them in detail in my next article.

Involve others
It is always good to involve others in the process of setting and achieving goals. Take advice when necessary. And don’t be rigid. There are people out there who are better at this. Their suggestions are always valuable.

Welcome failure
If you learn to welcome failure and keep going, I think there’s nothing which can stop you from achieving your goals. I don’t know anyone who had an absolute smooth run and became successful. Failure is an important part of the entire process. Welcome it. Learn from it.

Persist. Don’t give up. As I mentioned, there could be many paths leading to the same destination. Try out different methods. Learn and improve. Be patient. Be persistent.

Celebrate when you have successfully taken the next step. You’ve just shortened the path to your destination. Hence stop thinking for a while and enjoy the moment.

Don’t lose sight!
And finally, don’t lose sight of your goals. If we don’t lose sight of it and wade our way through the obstacles, there isn’t a goal which can’t be achieved. So lets stay focused till we reach our destination. Lets not lose sight of it.

Source: Internet

Setting a smart goal

Many people are not able to articulate what they really want in life in clear and concise language. Oddly enough, people are generally pretty good at articulating what they don’t want. So it’s no wonder that a large percentage of the population go through life getting what they don’t want and don’t fully realise their goals and desires.

You get what you focus on! Goal setting is one of the most powerful techniques that you can use to help you accomplish what you really want in your life. It helps you to move in a focussed direction towards a target. The purpose of setting goals is to achieve it. Goals inspire us to do what we actually want to do. By having the goals you know where your efforts need to be put. Hence you can use your energy and time in the right way.

However not every goal can be successful and if a goal is not achieved there is no point in setting a goal. When we set up a goal, we intend to be guided by the goal. Therefore, we should be active and motivated with the goal in order to achieve it. In order to stay motivated with the goal all the time, you need to know some tricks in goal setting. Setting goals are never more prevalent than when you welcome in a new year. At this time of the year your goals have an added importance and necessity.


Below are the Q-A sessions in Rediff chat answered by Amit Bansal, the founder and CEO of PurpleLeap.


arunkumar asked, Hi i am an ECE engineer with ~10 years of experience. I am good at technical skills. I believe one has to switch to managemernt to grow further. Is this true? When does one decide to switch to managerial line from technical line?
Amit Bansal answers, Not really. You can have challenging opportunities and good money even in technical field.

akber asked, I mean, like the formal way of ending job, like first give resignation and serve notice period than take relieving letter as such.
Amit Bansal answers, Well in that case you must not leave organizations that way. I suggest please maintain a good track record with your current employer for better prospects in the future.

akber asked, I have issues with employers, somehow I ended up with not upto the mark ending of job contracts with several employers, its making my career very difficult to continue, can you suggest me some ways to mend it. I am IT professional with nearly 8 years of experience.
Amit Bansal answers, What do you mean when you say ‘not up to the mark ending of job contracts’?

vinitayan asked, I am an engineer student and currently preparing for CAT 2012. I have got offer from L&T infotech. I need to crack CAT 2012 anyhow. Please guide me how should i handle bot the job and studies. My parents want me to get a job. Please help
Amit Bansal answers, I think you are trying to do too many things at the same time. I suggest please identify your priorities and decide whether you want to take up a job or do further studies. You can either focus on CAT and pursue MBA from a reputed organization and put this job on hold, or take up the job and look at MBA later.

Yogesh asked, Hi Sir, I am 30 and have 3 yrs experience in Software testing after completing my BE in computers. But I am not satisfied with the job and nor I am interested in it and dont want to take it as a career. Yes I like animated movies and they appeal me to pursue a career in animation. Will it a good decision to go for it?
Amit Bansal answers, Look for a good institution if you are planning to do a course in animation. Apart from that narrow down some companies you would like join in the animation domain. This will help you keep in view what qualification is required by the companies and you will not have to struggle too hard to find your ground.

sanju asked, Hi, I’m interested to do accounts related jobs and luckily I’m employed as Accountant. I wanted to pursue ICWAI and joined the course but unfortunately drop it in the mid way as I can’t handle work and study.. But still my heart beats to get a professional qualification in Accounts. Pls suggest some way
Amit Bansal answers, You can take up freelance work while you are pursuing studies. Some organizations also offer study sabbatical. Check with you HR if that’s an option.

pooja asked, Sir, I am having 8 years of exp. in HR & Admn and presently wkg in Automobile company. I am pursuing MA in Labour Management and further i want to pursue Masters in Business or Corporate Law. Will this be beneficial for me as i personally want to move in Hard-core HR and also wants to be a trainer side by side.
Amit Bansal answers, Both courses seem beneficial.

Viswanath asked, I am 40 with graduation and diploma in exim, placed with European MNC as Manager SD process. Needs to further enhance my profile. Till now I have been associated with import and export trade. I need to enhance my qualification also, should I go for Supply Chain Management diploma/ MBA in international marketing will be of help.
Amit Bansal answers, An MBA would be a better option.

Deepak asked, Hi Sir, due to some reason i was not able to complete my T.Y left with 2 subject, i am working in a private company in Daman(Gujarat)from Last 12 years in despatch department, now i want to shift to my hometown in mumbai, but because i have not completed my graduation i am stuck to the present job, please tell me how i can shift to Mumbai.
Amit Bansal answers, Complete your graduation. For better career prospects it will be beneficial.

rama asked, somany times we set a goal but the level of interest fall down after some time, beacouse of various resion or some new goal is attracted than this, How to keep the interetst till end and how to track it?
Amit Bansal answers, Keep only a few goals don’t overdo. Reward yourself for every small target achieved. The reward mechanism will ensure your interest in achieving a goal remains intact for a longer duration.

mahendra asked, i am in to warehousing and logistics industry. I am having my own setup, but i want to grow, i am constantly in touch with the people for business expansion but still i have not suceeded. I started this businness two years ago with one client and has not been able to add so far. my target was atleast 1 customer per year, what should i do ?
Amit Bansal answers, Identify your core strengths and focus those strengths in approaching your potential customers. Sometimes we walk to customers with what we have to offer and not with what the customer may need. I suggest you to look at this approach as well.

sude asked, i m 32 and still not able to decide about my future though i m wrking with reputed company. Please advise…
Amit Bansal answers, Maybe you need to review your goals in light of you life goals. What is that you want to achieve ultimately. Based on it you can create short term and long term goals and eventually daily goals.

Vikas asked, Can a man of principles, truth (No corruption/No Lies) achieve the set goals in life?
Amit Bansal answers, yes most definitely.

victory asked, how to keep our goal live. After setting the goal we move towards it after that we forget it. How to stick with the goal?
Amit Bansal answers, As you set goals give yourself a benefit and consequence as well. If you reach a goal reward yourself and if you fail because of your own attitude then keep a penalty for it. That’s the best way to achieve goals. However, don’t set goals that are not Specific, Measurable, Achievable, realistic and time bound. asked, Sir, I am in Power sector. HR & Admin. Is doing Law will be useful to me.
Amit Bansal answers, Most companies have a legal department. With experience in the power sector and Law as an added degree you can venture into the a domain which deals with the legal aspects.

Hi asked, i want to know having 4.5+ year of exp in IT industry . how MBA will help to further rise in career?
Amit Bansal answers, With an MBA you can get into management profiles from core IT.

zamir asked, Hi Sir..I am working in a software firm from 3 years but I dont feel satisfied.I love teaching,acting,dancing and other things too..I am not able to decide where exactly to go..I dont like my present job ..i am doing it only my parents want me to do it..could you please help me in what job would I opt ?
Amit Bansal answers, Zamir, nice to know that you have multiple hobbies and interests. I suggest you narrow down a few vocations that can be pursued as a career and the rest can be pursued as hobbies. By no means you can do all the things at the same time. So don’t confuse yourself with too many things with which you will only lose focus eventually. Do one thing at a time.

shyam asked, hi, i want to know how to handle circumstances which is direct indirect effect your goal in daily routine life?
Amit Bansal answers, Keep some time aside for interruptions and adhoc activities. Don’t assume that if you have planned a day in a certain way everything will fall in line. So keep time for contingencies.

JG asked, Dear Amit, I belong to the customer service industry, I want to know if doing a PHD in customer service would help, if yes pls could you suggest some institutes
Amit Bansal answers, I am not sure what kind of career you want to pursue with a Phd in customer service.

yellowteeth asked, Mr. Bansal – If I want to pursue a career in HTF – high frequency trading in India. What should be my right path in terms of education and professional qualifications? Do i need to enroll in computer science or cud it be pursued in commerce also?
Amit Bansal answers, I think no formal education in India currently offers specific programs for HTF. So you can enter a HTF career with education in either computers or commerce. You will have do a little research to find out which companies will offer you real time experience in HTF and build your skills there.

Hi asked, What kind of goals should b set?
Amit Bansal answers, Always set goals that are Specific, measurable, achievable, realistic and time bound.


Source: Rediff

Chat Date: Wednesday, January 4, 2012



The first thing I have learnt is that we must always begin with our strengths. There is an imaginary story of a rabbit. The rabbit was enrolled in a rabbit school. Like all rabbits, it could hop very well but could not swim. At the end of the year, the rabbit got high marks in hopping but failed in swimming. The parents were concerned. They said, ‘Forget about hopping. You are, anyway good at it. Concentrate on swimming.’ They sent the rabbit for tuitions in swimming. And guess what happened? The rabbit forgot how to hop! As for swimming, have you ever seen a rabbit swim? While it is important for us to know what we are not good at, we must also cherish what is good in us. That is because it is only our strengths that can give us the energy to correct our weaknesses.


The second lesson I have learnt is that a rupee earned is of far more value than five found. My friend was sharing with me, the story of his eight year-old niece. She would always complain about the breakfast. The cook tried everything possible, but the child remained unhappy. Finally, my friend took the child to a supermarket and brought one of those ready-to-cook cereal packets. The child had to cut the packet and pour water in the dish. The child found the food to be absolutely delicious? The difference was that she had cooked it! In my own life, I have found that nothing gives as much satisfaction as earning our own rewards. In fact, what is gifted or inherited follows the old rule of ‘come easy, go easy’. I guess we only know the value of what we have, if we have struggled to earn it.


The third lesson I have learnt is, in Cricket, no one bats a hundred every time. Life has many challenges. You win some and lose some. You must enjoy winning. But do not let it go to the head. The moment it does, you are already on your way to failure. And if you do encounter failure along the way, treat it as an equally natural phenomenon. Don’t beat yourself for it or anyone else for that matter! Accept it, look at your own share in the problem, learn from it and move on. The important thing is, when you lose, do not ‘lose the lesson’.


The fourth lesson I have learnt, is the importance of humility. Sometimes, when you get so much in life, you really start wondering, whether you deserve all of it. We have so much to be grateful for. Our parents, our teachers and our seniors, have done so much for us, that we can never repay them. Many people focus on the shortcomings, because obviously, no one can be perfect. But it is important to first acknowledge, what we have received. Nothing in life is permanent, but when a relationship ends, rather than becoming bitter, we must learn to savor the memory, of the good things, while they lasted.


The fifth lesson I learnt is, that we must always strive for excellence. One way of achieving excellence, is by looking at those better than ourselves. Keep learning what they do differently. But excellence cannot be imposed from the outside. We must also feel the need from within. It must involve not only our mind, but also our heart and soul. Excellence is not an act, but a habit. I remember the inspiring lines of a poem, which says that your reach must always exceed your grasp. That is heaven on earth. Ultimately, your only competition is yourself.


The sixth lesson I have learnt is, never give up in the face of adversity. It comes on you, suddenly without warning.. Always keep in mind, that it is only the test of fire, that makes fine steel. A friend of mine shared this incident with me. His eight-year old daughter was struggling away at a jigsaw puzzle. She kept at it for hours but could not succeed. Finally, it went beyond her bedtime. My friend told her, “Look, why don’t you just give up? I don’t think you will complete it tonight. Look at it another day.” The daughter looked with a strange look in her eyes, “But, dad, why should I give up? All the pieces are there! I have just got to put them together!” If we persevere long enough, we can put any problem into its perspective.


The seventh lesson I have learnt is, that while you must be open to change, do not compromise on your values. Mahatma Gandhiji often said, “You must open the windows of your mind, but you must not be swept off your feet by the breeze.” Values like honesty, integrity, consideration and humility have survived for generations. At the end of the day, it is values that define a person more than the achievements. Do not be tempted by short cuts. The short cut can make you lose your way and end up becoming the longest way to the destination.


And the final lesson I learnt is, that we must have faith in our own ideas even if everyone tells us that we are wrong. There was once a newspaper vendor who had a rude customer. Every morning, the Customer would walk by, refuse to return the greeting, grab the paper off the shelf and throw the money at the vendor. The vendor would pick up the money, smile politely and say, ‘Thank you, Sir.’ One day, the vendor’s assistant asked him, “Why are you always so polite with him when he is so rude to you? Why don’t you throw the newspaper at him when he comes back tomorrow?” The vendor smiled and replied, “He can’t help being rude and I can’t help being polite. Why should I let his rude behavior dictate my politeness? ”

source: internet

Goal Setting

Topic: Goal Setting

Below are the Q-A sessions in Rediff chat answered by Amit Bansal, the founder and CEO of PurpleLeap.


Rajeev asked, Sir, I am a diploma holder in Mechanical engineering; I have worked in R&D for 10 years now and that too in some top of the line fortune 500 companies. I am in a senior position now but I still feel that my growth prospect ar hampered due to my education qualification. What is your say in this matter?
Amit Bansal answers, have you completed your graduation though? Because if not it will hamper your growth no matter what. You may want to complete a degree.

jitendra asked, Dear Amit, I’m 32 now and done commerce graduation from Pune University in 1999. After that i work in construction company Pune as Media Executive. After trying 2-3 companies currently working in construction co as an Asst. Mgr – Corporate Communication. Now i want to upgrade myself with MBA part time? Or Executive MBA. How this will help me in career growth? I’ve almost 9 years of experience in Media and advertising in construction industry. plz reply
Amit Bansal answers, MBA will definitely add value to your career. You can choose operations as your major.

manoj asked, Good Afternoon Sir, I completed my MBA last year and currently working as Senior manager in an Foreign Education company, But i am not at all satisfies with my work and am quit depressed… pls advise
Amit Bansal answers, I think it’s time to find out what kind of job you are looking for. Or else whichever job you choose eventually you will be depressed.

Clancy asked, carrying on from my question… I was thinking of doing the 1 year course from IIM. Would you think it’s worth it? Thanks
Amit Bansal answers, Yes it will be very helpful Clancy. But please make sure it suits your domain of expertise.

Randhir asked, Dear Sir, I am Randhir a faculty for BFM student….I want my student to learn, understand and implement the process of goal setting for their growth…but these are just 15/16/17 year student and not in receptive mode for personal goal setting for them they just wanna enjoy their youth and college time…..could u please suggest some idea as how can i convince them to go for goal setting….I think if they do at this age they wil be in better position to achieve their path quickly….Thanks
Amit Bansal answers, Randhir, try goal setting in everyday areas. Give them small tasks and ask them to create a plan to complete those tasks. Make these tasks interesting for students. They may not necessary be around academics allow a lot of real time experience rather than reading books to find out the answers.

Clancy asked, I have been in the Quality Realm for the last 10 years with Six Sigma / Project Mgmt etc. I would like get some suggestions for a shift in Career line?
Amit Bansal answers, Clancy, you must try in product enhancement and R&D.

moloy asked, sir i have MBA(Marketing),MBA(Retail) and Ph.D. in management. Having 12 years teaching exp. paper publication in national and int-national journal. Sir apart from teaching in which area i can switch my job?
Amit Bansal answers, marketing and Research would be a good area. Writing could be another.

raju asked, HI Amit, I have completed my B.Com(first class) in 1992.Currently I do Gems trading now i want to change my career. I want to do a job, what are the options available for me
Amit Bansal answers, Business development or marketing would be good areas for you.

jh asked, sir , I am working as Assistant manager HR in hospitality industry since 5+ years.But my salary doesnto seem to show considerable growth.It seems like peopel with 1-2 years’ experience in IT field are getting almost teh same as what I am getting in this industry after working for more than 5 years,. Should I switch the secor to IT.? ? Will it have any impact on my career?
Amit Bansal answers, Salary are viscous cycle. Are you happy with what you are doing? if not then probably there is a reason to move jobs.

Ashok asked, sir,we are an auto accessories company and iam looking after sales of maharashtra my branch is a loss making and i want to turn into profit making branch,pls suggest some ways
Amit Bansal answers, Ashok you need to do a root cause analysis for this situation. See what are the factors leading to losses. Further drill down the factors into why they are happening. Draw a fish bone or use a 5 why analysis. I am sure you will reach some concrete identification.

SJ asked, I am currently working as a finance professional in a financial services company. In the long term, I want to do something which will help the rural economy. But, I am not clear what to do?? My current profile doesnot have anything to do with rural economy. It is related to analysis of comapnies. How should I set my goals? Please advise
Amit Bansal answers, Study about Micro finance maybe it will give you some cues to what you would like to do.

Prabhat asked, i have recently had job change as things did not materialized , can u guide me on careeer or if separete counselling session is needed please tell me contact details etc
Amit Bansal answers, What kind of a job have you taken up?

Patik asked, if i want to study ias and ips then from when i have to start preparing for it?be explain it….
Amit Bansal answers, Patik you said you want a career and now you are suggesting you want to study further. Take my suggestion sit down and ask yourself which one will be more exciting ‘job’ or ‘study’ and why would you do either of them. what is your ultimate aim?

Ashwin asked, Hi Amit, I have been working in the financial services sector for 9yrs now ,done by MBA, wanted to know if a executive program from one of the premier institute like IIM,ISB would help me propel my career.
Amit Bansal answers, most definitely it will Ashwin!

Amit Bansal answers, Patik, rather than me suggesting a career why dont you find out where your interest is. What is the kind of job you would like to do?

VERINDAR asked, hi sir, i am looking for ajob desperately, but inspite of work experience of 24 years in ARMY AND CORPORATE COMBINED,not able to get one
Amit Bansal answers, Verindar, i suggest you do a SWOT analysis of your profile based on the job you are applying for. Maybe you are not highlighting some important areas of your experience.

Bishakh asked, Hi Amit. How do we conclusively know what the goal of our life is ?
Amit Bansal answers, I don’t think a conclusive goal is possible however a larger image of how you would want your life to shape up is in everybody’s mind. The path to it could be an every day mystery.

anujuit asked, i am software Engg. haing 8 month exp.I have much interset to go Management line in Software field,What will be good,Development or Management
Amit Bansal answers, To be in management hands on experience of your domain is important. I suggest its just been 8 months experience take small steps to achieve big results.

Mahesh asked, Hi, Most of the goal-setting principles stress on the need for self-awareness of one’s strengths and weaknesses in arriving at the list of goals. How can I ensure that “my” assessment of my SWOT is objective and matches reality? (Many suggest that talking to close friends/family will give some pointers but if one is fairly influential, people are eager to say only the nice things..)
Amit Bansal answers, Remember two things when you are doing a SWOT. Always do it for achieving an objective and look internally for strengths and weaknesses and externally for opportunities and threats. Once you have established that, you can seek feedback from your significant others who know you well to identify your SWOT.

subhash asked, Sir I did it three years back. the administrator profile includes ticket booking, vehicle management, employee mis, asset register management
Amit Bansal answers, Subhash, you must start looking for an HR generalist profile. I think you will have to try hard however you must start doing it. Look for openings, study the job description and apply for these jobs. Doing admin jobs will not help you build your skill in HR and with passing time it will become difficult to go in your field of interest.

ABHIJEET asked, Sir, I am a fresher in BE Electronics from MUMBAI university. Sir I am trying to get into IT now that the market for IT in India is tremendous and growing. As of now I am working as a trainer at Aptech Comp. Education. How ever I am improving my soft skills and technical skills in java and databases. Please suggest me apt path for it. My teachers have also said I can do good in programming cause of a creative side of me.
Amit Bansal answers, I suggest you identify your strengths and specific areas in which you would like to pursue your career. Once you have decided that, you zero down on a few organizations you would want to apply for. Study the job description, prepare and resume and start going for interviews. But the initial homework is very important.

POWAR asked, I have 22 years experience in accounts and i want to do some changes in the same, would you please suggest me.
Amit Bansal answers, I am sorry Powar, you want to make changes in what? I did not get your question.

ps asked, Hi, I am a Project Manager.. Would a PMP Certificate further help career and its growth?
Amit Bansal answers, Absolutely. It will be a great value add.

Prabhat asked, Hi i am BE Civil with 12+ Year of experince .I have handled multiple type of projects , from Building to electrcal projects , qa-qc , ready mix concrete and marketing . Presently i am as Manager Project Management , how hight should i target that for growth . i feel my groth has been less as compare to my peers due to job rotations
Amit Bansal answers, I think you must discuss this with your manager on your one on one discussion. There seems to be a mismatch between your vision and the plan of your manager for you. I suggest you must talk to him about your aspirations.

ace asked, Sir i have five years experience in supplychain and material management.These years i have not made any effort to involve myself in job and try to learn hearder things.My organization is very small and i am only on handling this profile.Years passed experience gained but very less knowledge due to lack of Guidance. Please suggest how i can ressurect my career.
Amit Bansal answers, I really appreciate your enthusiasm to learn. I think the best way to learn is to improvise in the current process. Suggest you to look at your SOPs and see if there is any value add you can do to them to reduce cost and increase productivity.

Gopal asked, Hi Amit, Is there any predefined steps or activities defined to follow to achieve one’s particulare goal?
Amit Bansal answers, Well its like to reach a particular destination what are the various things you will do to reach there. You need a vehicle, a road map, certain timeline etc. The same goes for achieving a goal. Give me an example of your goal and maybe I can help you draw a mind map around it.

subhash asked, Sir I have done mba. I m a hr executive. but my profile is more of an administrator which keeps me bothering. kindly suggest what should i do
Amit Bansal answers, can you please tell me how long has it been since you completed your MBA and what kind of administrator job you are doing currently?

anjali asked, Hi Amit, I see myself as a team lead in 3 years from now and will want to head a department in another 8 years. Do you think this is a possible goal? Is it good to have such goals? or should one just go with the tide?
Amit Bansal answers, I think yes it is. Can you tell me which industry are you working for?

shridhar asked, Hi Amit… I am currently working in software MNC for past 1 year. My query is that do part time MBA also gets the same placement oppurtunities[read package] as full time MBA?
Amit Bansal answers, Almost the same Shridhar. Infact any professional experience has more value than a degree. I am not saying one is a substitute to the other. But both hand in hand make a whole lot of difference. The idea is to be able to implement what you have learned in the text books.

AmitN asked, Sir, I have 10 years experience, last 5 in social sector (very professional organizations). I wish to move back to corporate world. What is the best way? Will I be considered not good enough because I have social sector experience on my resume?
Amit Bansal answers, Amit, on this forum I am reiterated that whenever you are applying for a job, do not only look at the industry but the job profile and what are the areas in the job description you already have experience in. It may be in different industries. For example, you may have used your negotiation skills in social sector job profile as well and the same is required in any corporate set up as well.

vidya asked, Hi Sir, I am a BE graduate with 5 years experience in the IT field, Took a break for 2 years to be with my kid. Now that I want to get back to work, I dont recollect anything from the domain or the technical part that I worked on. How do i go about it? I do want to get back to IT. Should i be revising all the concepts again?
Amit Bansal answers, Right Vidya, you may not need to go through a specific training program but you definitely need to be in touch with the new technologies.


Rediff Chat Date: Aug 3, 2011