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Category Archives: 21st Century

Improve your business by being kind


BeingKindIn the past, I have talked about – how businesses/organizations are changing in the 21st Century. And it is clear that the 21st Century is not for the unprepared, rigid, or weak organizations. To be a successful organization/business in today’s fastest changing environment — characterized by technology, intense competition, global market forces, and escalating expectations — organizations need many things: customer centric approach, courage to change, continuously improving processes, and best leaders.

But I guess, I forgot to mention the personal aspect of the business – people. In today’s businesses it is becoming more and more critical to be kind with your employees. One might ask, does this even matter? Its business. What does kindness have to do with the business? Often people see business as a choice between being kind and being successful. When one couples a caring attitude toward others with a strong and savvy business approach, kindness becomes a business asset. I am sure that some of you must have experienced some kind of performance improvement in your employees when you were kind to them for some reason. Am I right? There must have been some incident, when you said “Good job” to your employee and saw some kind of performance improvement, right? Actually, the fact of today’s world is – we can no longer conduct business as usual and expect it to be successful. To be more successful in your business, we need to be more personable. We need to care about our employees to get better results. Kindness works both ways.

Lack of kindness can cost tremendously to any business. Often thought of as poor customer service, low kindness capital causes customers and clients to flee rapidly, and usually permanently. Particularly now, in the electronic age when there are so many choices, clients will simply move on if they suspect they are being treated poorly. They have many options. They will buy elsewhere, even at an elevated price, if they do not feel cared for. Companies that fail to develop kindness capital are not as successful as their kind counterparts. Highly skilled employees are also highly sought after, and they will move on too — to companies that practice corporate kindness.

So, one might ask: “I understand the importance of kindness. Now, what should I do to develop that?” Answer is very simple. Following are few ideas that you can try on:
1. Build your reputation as someone, who cares about their employees, customers, stake holders etc.
2. Give and garner reciprocal kindnesses and favors from others.
3. Learn to be someone that others like. Develop a helpful approach.
4. Be appreciative of others. Try to find good in everyone.
5. Connect with others and build a strong network.
6. Treat everyone like your own. Treat people in the way – you want to be treated.

I hope my article was helpful, and I am eager to hear your feedback. Thanks. – Bhavin Gandhi.

 
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Posted by on September 12, 2010 in 21st Century, Leadership, Management

 

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I.T. doesn’t matter – Bhavin Gandhi’s Review


“IT Doesn’t Matter” is the article published in the May 2003 edition of the Harvard Business Review (Carr, 2003). It examines the evolution of information technology in the business world and demonstrates how IT is built into the infrastructure of today’s world. But as its availability increases and its cost decreases, IT will become a commodity input. And like any other commodity in the history, IT will not allow a business to create a competitive advantage. Hence, the author proposes not to invest heavily on IT projects.

The author makes several good points in his article such as – businesses have over-invested in underutilized technologies without analyzing its strategic advantage. For example, few years back I wanted to buy a new laptop. So, I bought a new MacBook Pro with Photoshop CS4. As a MBA student, I hardly use high processing applications. There was no need, whatsoever, for me to buy a Laptop with 2.6GHz of processor and 4GB of RAM. But I might have felt the need to be on the bleeding edge of the technology, and may be most of the IT enthusiast managers feel the same way.

While the author has many convincing arguments regarding his stand, I still believe that – IT matters more than ever in today’s world. The author seems to confuse IT with computing. Cars, Trains and Air Lines could be considered commodities. Transportation isn’t. I agree that major elements of computing have been turning into commodities, like CPU, RAM, Disks, etc. But IT is more than that (Freund, 2007).

Dr. Harold contradicts the author’s stand in his paper about technology and e-government. He suggests that without IT, effective and competitive organization is impossible and nothing gets efficiently done (Wesso, July 2004). He goes further by saying that – if IT is not being procured and deployed effectively and efficiently, then that matters very much. Appropriate IT use may not enable an organization or society to ‘get ahead’, but it is very vital just to ‘keep up’.

This article is based on the assumption that businesses have overestimated the strategic value of IT. I agree that businesses should manage the tangible aspects of IT as a commodity because the opportunities for ‘strategic differentiation’ with IT have become scarce. But I do not agree with the author’s stand on this topic. I believe that the author’s opinion might have been biased due to the ‘dot com’ bubble burst, as this article was written during that time.

I believe that the author has over-stated the fact that IT holds no strategic value at all. On the contrary, I believe that IT has become an irreplaceable part of the business. For example, I used to work in a company named Book of Odds, Inc. (www.bookofodds.com). Being a small sized company, this company didn’t have a big budget to spend on their marketing efforts. So, they utilized tools of social media to market themselves. This approach gave them more visibility than they would have got through other means of marketing. For this ‘social media marketing’ initiative, the company didn’t have to invest much in its IT infrastructure. But the benefits got from this initiative were way more than the investment. Thus, IT certainly provided strategic advantage for Book of Odds, Inc.

In today’s world, we are overloaded with information. And IT can help us analyze this information for our benefit. Thus, if use right – IT can differentiate your business as compared to your competitors. And IT matters more than ever, in this fastest changing world.

References:

  1. Carr, N. G. (2003, May 01). IT Doesn’t Matter. Retrieved Aug 24, 2010, from Harvard Business Review: http://hbr.org/product/it-doesn-t-matter/an/R0305B-PDF-ENG
  2. Freund, G. (2007, Jan 03). IT doesn’t matter, part 1. Retrieved Aug 24, 2010, from Rough Type: http://www.roughtype.com/archives/2007/01/it_doesnt_matte.php
  3. Wesso, D. H. (July 2004). Technology, e-government & economic development. Centre for e-Innovation.
 
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Posted by on August 30, 2010 in 21st Century, Leadership, Management

 

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Lead your brand, in the world of social media


Lot of people might argue, but I feel that we are currently on the verge of a major paradigm shift. With the help of the Internet and new communication tools like – Facebook, Twitter, blogs and LinkedIn – we are changing the way, how we communicate with each other. Social media is completely changing the way we used to interact with each other. Maybe that’s the only reason why, we trust product’s reviews on – Facebook, Twitter and Yelp – more than on an advertisement seen on TV.

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One might ask – What if our communication ways are changing? What does that have to do with Leadership? In fact that has to do with only – Leadership. After all, what is Leadership? Isn’t Leadership – leading changes? Isn’t leadership about envisioning the future? If you are not yet convinced, then let me ask you one question – “Do you think that your customers are not talking about your products on these social media platforms?” In fact, YouTube became the second largest search engine after Google, and approximately 25% of YouTube videos contain product reviews.

YouTube Logo

So, the question is – how can we lead this change? How can we use social media as a tool to improve our business? The answer is very simple. Just do what you would do in a normal situation. You just need to expand your horizon. I agree that social media is the fastest growing communication platform out there, but it’s just a platform. You still need to stick to your basics, and if your basics are strong enough then you can leverage this platform in favor of your business. Following are few tactics that will help you create “positive brand awareness” through social media:

1.       Be Present: For monitoring any kind of customer feedback through social media, you need to be on social media. So, create your account on few biggest social media platforms like – LinkedIn, Facebook, Twitter, YouTube, etc.

2.       Be vigilant: Continuously monitor social media. And find out what people are talking about your company/organization. With lot of free tools available out there like – “Google Alert”, it is not that difficult to be vigilant.

3.       Be quick in your response: In platforms like Twitter and Facebook, information is growing faster than ever. Thus, you need to be quick in responding to your customer’s positive/negative feedback. I would recommend you to have dedicated resources for this.

4.       Have your blog: This is the key element. Most of the times, your customers don’t find ways to tell about your products to the world. And that’s why they talk about your products on YouTube, Facebook or Twitter. If you would have given them some kind of platform to raise their voice, then they would rather blog on that website. The beauty of this idea is – you can control your feedback.

I hope this information proves to be helpful in some way. I am always eager to know your ideas too. So, feel free to comment on my blog.

Thanks – Bhavin Gandhi

 
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Posted by on August 25, 2010 in 21st Century, Leadership, Management

 

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Motivate your employees with “Why”


Have you ever wonder about how Apple and Google makes itself the best place for employment than other organizations. They have the same pool of talent, technology, and resources as any other organization in the world. So, how are they able to attract motivated people than other organizations? Do you think its their lucrative salary package? You may be completely wrong, if you think that money can motivate people to perform their best. I am not denying that money can’t motivate you, I am saying that  money can’t be the only thing that can motivate you to do your best. Don’t you agree?

Leadership Image

Those days are long gone, where people were working in labor intensive jobs (production jobs). In the 21st century, with latest technological equipments, most of the employees use tools/machines to get their work done. You can certainly motivate your production employees by providing money as an incentive, but you can’t motive your other employees through the same technique. In fact in one research by Dan Pink, he talks about – how money does not motivates us to do our best.

I personally believe that – its not “what you do” that motivates your employees. But its “why you do it” that motivates your employees. Lets put this concept in to your life. I am sure that you must have come across some situations in your lives, when you must have had an employee, who was not motivated. The most common technique that you might have adopted must be “fear”. You must have communicated something like – “You need to finish this, otherwise….”. Do you realized, what did you do? You communicated – what he/she needs to do. Lets consider an another scenario. Lets assume that  you communicated to him personally and said something like – “Your work is important, and this is how it helps the team, and this is why we do it”. Don’t you think this approach would have worked better?

Take Linux for an example. Linux is an open source software, which is used as a corporate server in 1 out of 5 organizations. And surprisingly enough, it is free. Why would someone make something, if he/she doesn’t get any benefits out of it? The answer lies in my headline – “motivation through why”. Lot of people believe in open source platforms, they believe in the “why”, and that’s why they are willing to create these kind of software for free. So, next time if you see a poor performer in your team, then don’t directly jump in to “how to fix it”, instead help him understand “why you are doing the work that you do”. I guarantee that – you will see some positive result at the end of that discussion.

I hope my blog helped you understand Leadership from a different perspective. Let me know your opinion through your comments. Thanks. – Bhavin Gandhi

 
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Posted by on August 16, 2010 in 21st Century, Leadership

 

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Businesses in the 21st Century – “Change or Die”


Organizations need to be different in the 21st century, otherwise they won’t survive. Instead of traditional rules, routines and structures; organizations need to have capabilities to change quickly, pool of talented employees, good relationships with stakeholders, and strategic unity regarding their future goals. Seeing what other organizations don’t, will give a competitive edge to your organization. By sharpening organization’s vision, one can achieve phenomenal growth rates blown past their competitors.

Let me give you an example. In 2007, I used to be an I.T. consult for a local business in the Boston area. They wanted to design one informational page for their website. Being a small business like them, I recommended that they should include tools from social media on their website to improve their sales through new tools. But they didn’t agree with my suggestions and ended up having only an informational website. Their competition used Facebook and Twitter to publicize their business and got the major part of the market share. Unfortunately, the company had to go out of business during tough economic times of 2008. Today those who fail to adapt to new business attitude, face extinction in a much shorter time frame than ever before. Just a few short years ago, who would have named Brazil, China, India, and Russia as among the brightest stars in today’s economic world? Yet in recent years, the so – called advanced economies have struggled to keep up with the astonishing rise of these economic powerhouses.

Certainly, there is no shortage of powerful new business practices in today’s hyper competitive business world. I have learned a few things from my experiences: whatever works right now is not always the right thing to do. Moreover, I am convinced that the very best management ideas come not from the old style managers whose track records and egos make them resistant to change, but from the people like me, who do the real work inside companies, people who are challenged on a daily basis and who not only survive but thrive in today’s complex, volatile, and demanding global marketplace. Thus, today’s leaders need to be visionaries and should have strong will to change. If they think – “what they are doing works; therefore, what they are doing is right” and concentrates heavily on current processes instead of changing them to more efficient ways, then your organizations will fail in this fastest changing world.

I hope my article was helpful and I am eager to hear your feedback. Thanks. Bhavin Gandhi.

 
 

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Tips to Manage Teams of the Future


TeamOfTheFutureIn my last blog, I talked about how we can communicate effectively in a Virtual Team. But I realized that I didn’t answer the most basic questions of virtual team management – how can we better manage Virtual Teams? Where should we start? What do we need to know to be successful?

There are many blog posts which addresses this issue, but none of them explicitly say what I am going to say now. I personally think that 80% of your problems comes up in a virtual team are due to people problems, and only 20% of problems concern with utilization of technology. Thus, I will address people issues first. In my past experiences, I had an opportunity to work with remote teams on various occasions. Trust me, it was very challenging at first. Time zones and languages were only few barriers that I had to face. But somehow, I figured a way out to manage remote teams efficiently. I will share those experiences through this blog post.

One of the most important thing that you want to do is to set up your communication plan. This can be an outline for what needs to be communicated, how it will be communicated, who needs the information, when do they need it, and what happens if communication breaks down. This sounds very easy at first. One would say – you can just use e-mails. But trust me, without a communication plan, you will be lost. If you don’t have this plan defined properly, it will take more than 2-3 days just to find out what are you going to accomplish this week. And before you know, there comes a weekend. Thus, this plan is the “key piece” for managing virtual teams. The communication plan should also outline meeting structure, such as – when are they needed, what will be their purpose, in what format will they be held (chat, video conference, teleconference, etc), who will be in control of the meeting, who will be responsible for taking the notes and publishing the outcome.

Second most important thing that can help you is to have an outline of the decision making process. How, as a group, will you make decisions? What is your back up plan to make a decision? What escalation processes do you have to resolve issues, if team doesn’t agree on one idea? Also, having conflict resolution strategies help a lot. We used to talk to each other personally (on video chat), and that was our conflict resolution strategy. But you can use whatever strategy fits for your team. After you have defined and documented these information, you want to distribute your goals, roles and responsibilities equally – by taking buy-ins from each and every member in the team. So, there is no confusion at the end. If you want to go further then you can also ensure fair work distribution and define different leadership levels. We used to use an arrangement where we would rotate the roles of meeting facilitator and meeting leaders. That gave me the opportunity to empower other team members. But again, you can use your own style for defining different leadership roles.

I hope this information have helped you. Let me know your feedback regarding my idea. Thanks for reading my blog. Bhavin Gandhi

 
 

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Communicate Effectively in Virtual Teams


VideoConferenceIn today’s world, 1 out of 10 employees might have worked in a virtual team in one form or another.  With the current trend of globalization and outsourcing, the pressures associated with getting new products and services to worldwide markets is increasing tremendously. For any business to remain competitive, they have to choose the best people for their projects, regardless of their location. This rapid development in the business world has completely changed the dynamics of the business within past two decades. Have you ever wondered – how big companies like Microsoft, Apple and Google are leading their remote branches in India, China, Russia and Brazil?

Couple of years ago, I worked in a company that had its branch in India. I was one of the fortunate person, who got an opportunity to lead a newly formed team in India. During those times, economy was good but company’s project budget was slightly tight, the only way I could interact with that team was – video or voice conferences, e-mails, phone calls, etc. During that experience, I created my own best practices to effectively communicate with the virtual teams. In this blog, I am going to share those ideas with you.

For a virtual team to function efficiently and efficiently, it requires rich and synchronous communication. But majority of times, the distance and time differences between team members makes it very difficult. To overcome this barrier we can make an arrangement of meeting once a week, for 60-90 minutes on a video conference to identify and review the team’s purpose and key result areas, modify objectives, understand breaking issues, examine possibilities, make decisions, and assign actions. Due to the nature of this team and different time zones, this meeting might not happen during working hours. But you can still make it a painless experience. In the process of leading my team, I used to create raw proposals before our meeting and distribute them in advance to team members. We also used to have rotating roles for listeners, who would synthesize team member’s feedbacks and incorporate those into written team documents that can be accessible to all team members. This will not only provide a single point of reference for roles and responsibilities of each team members but also build-up team spirit that most of the virtual teams might be missing otherwise.

I hope this blog helps you build efficient teams of the future (Virtual Teams). – Bhavin Gandhi

 
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Posted by on August 5, 2010 in 21st Century, Leadership

 

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Reminder: Business Challenges in the 21st Century


BusinessBecomingComplexDoing business in 20th Century was comparatively easy. Rules were simple and complexities were very few. In today’s world, its not easy to do business. With new technologies and changing dynamics of the businesses, it is becoming more and more challenging to do business. In this blog post I will discuss about some of the new business challenges that many organizations are facing right now.

Globalization has really changed the entire world, with new markets – offering new challenges and opportunities,  especially in China, India, Brazil, and Russia. Therefore, global issues — including trade barriers, exchange rates, tariffs, and distribution — will become important elements of managerial choice.

Rapidly growing technology is another challenge that businesses in 21st century needs to face. Technology has increased accessibility, visibility, and connection. The connected world is smaller and rapidly changing, and has open information. For example: during the time of Web 1.0, companies used to broadcast their information and consumer had only one channel to know about various products and services that company offers. Thanks to Web 2.0, consumers can now connect to other consumers and get feedback of your product through their social connections. Managing your brand’s image in social media is one of the biggest challenge that businesses of 21st century has to face.

One of the other challenge that businesses of 21st century needs to face is – talent acquisition and retention. In today’s world, employees represent diverse demographic backgrounds not only race and gender but also personal preferences and cultural backgrounds. Also, employee expectations are constantly rising as they gain education and skills.

Other major challenges are increasingly segmented markets, increasingly attuned investors, and innovative and global competitors. With my blog posts, I will try to address these issues and provide some recommendations to resolve those challenges.

I hope my article was helpful and I am eager to hear your feedback. Thanks. – Bhavin Gandhi.

 
 

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How to get Gen X employees to use Gen Y’s technology? (Part 2)


GenerationXUsingTechAs I mentioned in my last blog post, if given an opportunity, Gen X employees can learn new technologies and improve productivity of your business. In this blog I will talk about the practical approach of how to better train Gen X employees. But before I talk about that, let me ask you one question. As a Manager or as a Leader, what do you think when it comes to training Gen X employees of your company? Let me help you. Most of you might be thinking of the following:

* Gen X employees are technophobic.

* They’re resistant to almost any changes in how they work.

* They require too much hand-holding and training compared to Gen Y team members.

* They insist on doing things “old school.”

Before you say that Gen X employees are old school or technophobic, remember that they are the people who put a man on the moon and gave us a computer at every desk. Most of the Gen X people are not afraid of technology, they just don’t have the same relationship with it that Gen Y people do. Gen Y people are “technological people” – if you will. Some of them hardly even write anything anymore as most of them use computers to describe their thoughts.

Let me tell you one real story. In my last job, I used to work under a Gen X Manager. She was very talented and intelligent individual. People used to take tips from her all over the organization for her Management style. But she had one problem. She was used to using Excel for Project Management instead of other technological advanced tools, made for Project Management. During that time, I was given an opportunity to lead a team of 5 and finish one project. I had to provide my Project Plan for the same purpose. Guess what happened? Being from Gen Y, I created my Project Plan in Microsoft Project. She was very surprised at first, as no one else had used this tool before in her group. She insisted on using Excel for the reporting of the weekly status. But instead of doing that I talked her in to providing a basic training program for Microsoft Project. The deal was simple, I got a chance to present the new technology in front of the entire team, if they don’t like it they don’t use it. I knew that if I get her team’s approval then I might stand a good chance. Guess what happened next? After that training, she was really excited about this tool. It was not me who changed her working style other than convincing her to let me give the training. I think those advantages that came with this new tool convinced her to change her working style. Now, she uses Microsoft Project as her primary tool for Project Management.

Thus, if you are serious about training your Gen X employees to adopt to new technologies, you should show them actual, practical examples of people who use these tools and the results they get. If you want to teach them how to use skype for talking to your remote employees, then don’t just give them skype installer, show them how to use it, and let them have some feel for it. Trust me, they will get used to it. This doesn’t mean that we have to spoon feed them. With availability of new tools like “Google”, they can learn lot of stuff by themselves. In fact, Gen X people tend to learn on their own and prefer to learn from live people as opposed to recorded tutorials, like Gen Y.

Don’t just put “learning new tools” as a performance measurement criteria. Give them a good reason to change their methods, show them how to use the new tool, give them time to practice, give plenty of encouraging feedback and reward the change. When you do all these, you’ll be amazed how well Gen X and Gen Y employees will use these tools and make your business even more efficient.

I hope my article was helpful and I am eager to hear your feedback. Thanks. – Bhavin Gandhi.

 
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Posted by on August 2, 2010 in 21st Century, Leadership, Management

 

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How to get Gen X employees to use Gen Y’s technology? (Part 1)


GenerationXOne of the biggest question that most of the businesses are facing in the 21st century is – Can we train Gen X employees to use new technology? We certainly need Gen X employees in the organization to benefit from their valuable experiences. But at the same time we want to make sure that they are utilizing all the new available tools to improve efficiency of the business. If you are thinking that Gen X employees can’t be trained to use current technology then you might not be alone. As far as my opinion is concerned, I personally think that its nothing but a common myth. I believe that for any team to work efficiently, every member of the team needs to use the tools at their disposal, and if you don’t give Gen X people the benefit of the doubt, you’re putting them, and your whole team, at a disadvantage.

I agree that Gen X employees can be reluctant to adopt new gadgets and frequently struggle to learn new technologies. But the trick is to get them used to these new technologies, and help them understand how the new software or equipment ties in to the work that they are doing, and how it can improve their productivity by using these new tools, and then give them the chance to actually learn it. Bear in mind that there are exceptions to every generalization, and some folks in every age group are way out ahead of the pack.

If you are a fan of any leadership blogs, like me, then you must have at least heard this once – “The best way to motivate employees is to show them how their work fits in to the organizational goals”. So, why can’t we adopt the same approach for getting them used to these new tools? Why can’t they learn tools of Generation Y? Just show your Gen X employees how these new tools can make their life easier, train them, and give them time to experiment with it. I can guarantee that – with this approach they are more likely to learn new technologies and improve your business efficiency.

I hope my article was helpful and I am eager to hear your feedback. Thanks. – Bhavin Gandhi.

 
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Posted by on July 30, 2010 in 21st Century, Leadership, Management

 

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