Ignoring Human Resource ..

Most of us while studying in B schools dint spent much time in studying the intricacies of human behavior and Human resource Management as a subject. Today when I work with daily issues in the company I think it is the toughest and most important element of the business .

You can have very fancy strategies, full involvement of the top management but communicating the message to all the people in the organization and motivating them to implement a particular strategy is not easy . Every man wants importance and good roles, how will you satisfy every one and yet bring them to accept a change. At times even automation which eases jobs of the people brings lot of dissatisfaction amongst the employees as they are left to do very mundane tasks which even a ordinary person can do. After every few years the best people will leave the organization and the others will be left who are not even half as good. How to cope with this issue . Providing them good incentives to stay ?

Incentive structures to motivate the people can back fire. Against the popular perception, money is the least important thing for most of us. In blue collor jobs where the salary are the lowest, people are not concerned about it , they are happy in there 2 meal a day. If you provide them high incentive to improve their productivity, they might work for only 5 days and enjoy the rest 2 days. There monitary needs gets fulfilled in working just 5 days, this leads to mass absenteeism which is not good in any setup.

The great Lehman Brothers gave amazing bonuses to their top management which induced them to take more risks. The ultimate result is known to everyone . So is this fixed salary and a incentive scheme actually works ?

I am still struggling to find a answer to it ...

iTS ALL OVER tODAY ..

2 years of MBA can be really long time for most of the people who come in search of greener pastures its a tedious and laborious period of life . Today we are having the convocation , perhaps one last time to meet all the friends and Junta of college at the same place . The feeling is mixed , some times I think that all the grilling due to the unending list of assignments and case studies will no more be there but also fear of much tougher time in real cruel world which is waiting for me . Traveling in Mumbai locals and coming lat every day after work was perhaps not the life I was looking to get from an MBA . But this is what most of us gets..

Life in a MBA college is very different from the engineering college , here you will have far lesser time to actually spend with friends and will be more focused towards your materialistic goals and monetary desires . You will learn lot of new things and unlearn lot of things from the past and yet think that are you loosing your innocence . Is looking each and every thing by analyzing the risk and reward a right way of looking at things . I think perhaps next few months will clarify the real use of this education ..

I dont know what is waiting for me but I am sure that I will be able to handle it .