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Category Archives: Leadership

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.

Twiiter's Logo

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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Is Management more important than Leadership?


Leadership

First of all, I would like to thank you for reading my blogs. Lot of people have e-mailed me regarding my blogs. Ironically, most of them asked me the same question – “Is your blog about Leadership OR Management”? And I tell people – “My blog is about Leadership AND Management”. But people don’t seem to understand that.

I guess, it became fashionable now days to separate “leaders” from “managers”. Some people may define Leaders as – “those who do the right things” and Managers as – “those who do things right”. I used to define Management and Leadership in the same way, before I realized that I might be missing the big picture. Most of the Leaders don’t define management as a part of Leadership anymore. And that’s where they are going in the wrong direction. With this mentality of differentiation between Leadership and Management, many leaders are detaching themselves from the messy process of managing. Thus, most of the times they don’t know what’s going on.

Management

The truth is, many of the strategies in today’s world are built in isolation at the “top”. If this wouldn’t be the reason then we wouldn’t have seen major financial and automobile companies failing. Today, most of the Managers are told to meet their targets, or they will let go. This approach shapes-up Manager’s thinking. Instead of taking risks to create new opportunities, they become busy in meeting their targets. Besides, with so many of their colleagues gone in downsizing, they feel like, they have less and less time to think. This approach induces a big gap between Management and Leadership. Instead of thinking about the long-term vision (right thing), Managers become busy in looking good for the next quarter and “doing things right”.

Leadership and Management

Leaders/Managers of today don’t understand the fact that – Leadership and Management, both are interlocking competencies. One can’t exist without the other. I see leadership within the positional powers of managership. I understand that Managers are focused on serving the short term bottom-line numbers, to serve their own survival; while Leaders are suppose to live by the values in serving the larger and long term interest of stakeholders. But if Leaders start to manage within their organization, instead of impressing outsiders, then the organization can be efficient and successful. As far as my question is concerned – “Is Management more important than Leadership?”, I think that they both are really important. And if we can somehow create a tight bond between Leadership and Management then we can avoid companies from failing.

I hope my blog helped you in understanding yet another perspective of Management. If you have any other opinions then feel free to share with me on my blog.

Thanks. – Bhavin Gandhi

 
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Posted by on August 17, 2010 in 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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The Best MBA Program in the World – UNR’s MBA


UNR Logo

Today, I was attending my last summer class in the UNR’s MBA program. During the last presentation of the class, I was lost in my own thoughts. I was thinking about – how much I learned from UNR’s MBA program. But before I talk about my amazing learning experience at UNR, I would like to ask you few questions. What exactly do you look for in an MBA program? Top notch education? Rate of return on your investment? Experienced classmates? Over all experience? Whatever may be the case, UNR will exceed all of your expectations.

The niche of this program is – its innovative courses, which helps them in creating the “Leaders of Tomorrow”. Courses like Entrepreneurship in today’s world, social media, personal branding, etc. are one of the best courses that I would recommend. For example: Dr. Bret teaches the course on Personal Branding. UNR is one of the fewest schools, offering this type of the course. In this course, we learn how to market ourselves. Especially in today’s world, it is becoming really important to have your Personal Brand, if you want to end up with good career options after graduation. No matter how much talented you are, if you can not put yourself out there, your knowledge will not be useful for your professional growth.

Overall, this program is outstanding. It is very challenging but extremely rewarding at the same time. Balancing school, work, and family has been one of the most difficult things for me to do in my life. But the rewards have been tremendous, the knowledge that I have gained here at University of Nevada, Reno (UNR) is priceless. Especially, the instructors were great business professionals, well-respected in their fields. I really enjoyed the fact that some of the professors were adjuncts and could bring in real-life experiences and their connections and networks to the school. It was incredibly interesting. Having access to such varied faculty members, who were always available by phone, e-mail, or in person – was a great help.

Business Week Ranking

UNR’s MBA is a phenomenal program and an investment. I’m tremendously glad that I made the decision to attend and recommend it highly to everyone who has considered it. I am a strong ambassador for the program because of its flexibility for working adults, strong core classwork, quality peers and diverse population. After all, Business Week and Princeton Review must have done some good research before naming this AACSB Accredited school, UNR’s College of Business, as one of the best Business School in the world.

 
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Posted by on August 12, 2010 in Leadership

 

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How to Reinvent Large Organizations


ReinventMost of you may be thinking that smaller organizations and start-ups can change them easily, and their smart and smarter strategic moves don’t apply to your older, established business. That assumption is completely wrong. I agree that established businesses take time to change. But if done right, they can leverage their knowledge and experiences, and prove that smart strategy knows no age limit.

It may seem obvious to solve problems by applying knowledge extracted from elsewhere, but doing so takes discipline. It is not uncommon for us to forget our past experiences, even though we know that history has a way of repeating itself. But our tendency to compartmentalize issues leads us to overlook lessons learned in one context even when the problem at hand is remarkably similar. Fortunately, some of the major organizations learn from their past experiences and apply them to present challenges.

I am not an expert on organizational change, but from my experiences and observations, here are my few recommendations:

  • The leader should develop a clear vision for his/her company. And he/she needs to incorporate feedback from his/her peers in this vision building process. This will give his/her 360 degree view on all the historical experiences.
  • The leader should believe in his/her vision. This sounds very simple, but it is really hard to put into practice. For example: if a salesman doesn’t believe in his product, then how will he convince customers to buy that product?
  • The leader, who is making change in the company’s strategy, must know which assets can be leveraged and which need protecting. Knowing that Apple’s primary strength was its innovation, it needed to come up with new ground breaking technology to remain competitive. And they came with something we call as – iPod.
  • Reinvention of the Organization won’t be simple, but the process can be simplified if you know where you are, where you want to be, and how to get there.

We live in a time of innovation and expansion, a world of smart and smarter strategic options. And there’s no reason why you and your organization cannot be among them.

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 10, 2010 in Leadership, Management

 

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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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Managing Major Failures in Your Business


ManagingFailuresThose days are gone when businesses were small and local. In today’s world, businesses are becoming more and more complex. And brands are becoming bigger than ever. So, what happens when you encounter a failure in your business? What would you have done as a CEO of Toyota, during the tough times in 2010? What would you do as a spokesperson of BP, when you realize that there is a major leak in your new plant? I might not have an ideal answer for what you can do during situations like those, but from my personal experiences and observations, I have few suggestions to deal with situations like those.

First thing that you want to do in these kind of situations is to be accountable for your failures. Everyone remembers the gulf oil spill by BP. In today’s business world, accepting the failure isn’t the sole decision of the CEO. By accepting the failure like this big, they might be ruining their brand image. Whatever may be the case, I recommend you to take responsibilities of your actions. Remember the famous case of Tylenol? It was company’s quick acceptance of the problem, which saved the image of Johnson and Johnson.

In any major failures, you need to be transparent with your stakeholders, no matter who they are. A good example of this is – Toyota’s gas peddle fiasco. On July 29 of 2010, Toyota recalled approximately 400,000 cars for their problems in the gas peddle. Before this incident, Toyota was perceived to be the safest automobile maker in the world. Guess what Toyota did? They utilized lot of 21st century’s media tools like Facebook, Twitter, etc. to reach to their customers and admit their mistakes as a part of their immediate response. They also had a lot of TV and radio commercials within a month to communicate with their customers about what they are doing regarding this issue. This effort from Toyota helped them to keep their “brand value” intact by communicating their efforts to their customers.

I think that businesses might be becoming complex and failures might be becoming very difficult to handle, but if we can accept our failures and act on them quickly then we can minimize the impact of those failures.

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 8, 2010 in Leadership, Management

 

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Cooperative Work Ethic and its Positive Implications within Leadership and Management


WorkEthicsA lot of people believe that Leadership and Management are completely different aspects of a business that can’t work together.  Maybe that’s the reason there are endless blogs addressing the issue of “Leadership versus Management”. In many companies, leadership and management operate on a different echelon, wherein they don’t often interact with each other except in mandatory situations. An unfortunate result of this is a stitch in company productivity, and as a result of that, customer dissatisfaction. Even then, the relationship between leadership and management is awkward at best, most often riddled with contradictions of interest.

We have seen with many companies in recent history (i.e. Google and Apple) that cooperative work ethic pays off. For example, as a result of Google’s innovation and cooperative work ethics, Google Inc. was featured on such prominent media sources as NBC’s Today Show as one of the “Best Places to Work For”. Thus, the over all experience with employee-employer relationships were both favorable on an interpersonal level as well as beneficial to the company as a whole. The result of this boost in productivity trickles down to the customer/user, and the market value. Using cooperative work ethics as a strategy for mitigating the awkward playing field between leadership and management is a winning move for any company.

The example of Google is an especially poignant one, given that in today’s business world they rank as one of the top influential players. If google doesn’t endorse something, it usually takes a big hit. If google does, that particular product immediately benefits from the relationship. An example of this would be the iPhone versus Android phones. The iPhone uses the safari browser, does not allow flash and disallowed google voice for fear that it would taint the iPhone monopoly. It received quite a public backlash for the latter. iPhone does have one key app, “Youtube”, which is owned by Google. If not for that app installed by default onto the iPhone operating system, Apple would have lost a good deal of its market share of users. As far as the Android phones are concerned, they are slowly gaining a noticeable place in the smart phone market.

You might be asking yourself, what does this have to do with cooperative work ethic? Android uses an “open source” operating system, another manifestation of cooperative work ethic. Google essentially opened the floodgates, for better or for worse, to amateur developers to create new applications, software and even fix issues or improve issues within the existing operating system. Although Apple has the edge as far as “out of the box quality” is concerned, Google is gaining significance due to its flexibility by involving end users in the development and quality control processes, thereby bypassing any static quality Apple offers. Management and Leadership can learn from this technical albeit relevant example, by encouraging a parlay between each other.  Communication, after all, is key.

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 7, 2010 in Leadership, Management

 

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