Wednesday, March 23, 2011

Apply their trade secrets in your job !

Nice article:

The formula for a successful career is not rocket science. You need vision, guts and an ample amount of common sense. This is precisely what many business leaders have proved time and again. However, certain habits can give you the extra edge that separates leaders from legends. Rama Iyer, an executive with a premier global leadership consulting company helps identify the traits of a few business icons and tells you how to apply their strategy to your life. It may not gurantee you the next Narayan Murthy tag but it will definitely earn you some brownie points.

The man behind the Apple brand is known to be extremely choosy about ideas that he approves. The strategy is always to allow only the choicest ideas to move ahead. Perhaps this explains why every year, instead of flooding the market, Jobs releases only one or two products and still manages to take the market by storm.
Lesson to learn:
Be picky
For most, the boss is the customer who needs to approve of an idea. However, for the boss, the customer lies outside the office. Probably why the boss' way of evaluating ideas is so different. In short, think of the customer, not the boss. The moment you do that, you will start throwing ideas out of the window yourself. Be tough on your ideas, think them through and learn to be the devil's advocate. Coming up with the concept is the easy part. The execution is where the drama lies.
Narayan Murthy
Infosys is credited for being one of the first movers towards stock-option plans. Murthy connected the employees' success directly to that of the company's. It's a sure shot road to respect and loyalty.
Lesson to learn:
Give others a stake
His move showed the emphasis on the individual capability and the initiative to have it recognised. He also wanted to keep the system transparent. People ought to know what's going on. The simplest way of doing that is to create a stake for your colleagues in what you are working on and connect their inputs directly to what they will gain out of it at the end.
Ratan Tata
The loyalty this man enjoys is a subject of envy for many. You may choose to dismiss one employee's admiration but when lakhs of them swear loyalty, it makes you sit up and take notice. Over the years, Ratan Tata might have headed the group across many uncharted territories, but one of his constant philosophies has been, 'People matter.' The Tata groups' employeefriendly policies are a prime example of how a good relationship with your employees can make for a successful business. you try, it will reflect in your interaction with them and the quality of their work. Simply put, thinking of having a successul career without strong professional ties is rather naive.
We aren't just talking about the politically correct mannerisms. It's acknowledging the fact that a certain person knows something that you don't and he/she might be able to add value to your work if you interact more often and listen. No one can execute a project single-handedly. So take everyone along with you.
Lesson to learn:
Invest in your professional relationships
At any level, starting from the lowest, it all boils down to the one key element — respect, across the board. When you aren't good to your fellow workers, no matter how hard.
During his teens, Zuckerberg experimented with Facebook because he wanted to 'do something cool.' The idea was simply to try his hands at something new. Combined with a tadka of passion, the platform's success took him to the TIME magazine's cover.
Lesson to learn:
Have fun
If you don't enjoy doing something, don't do it! When you are having fun on the job, the biggest of hurdles seem trivial.
Interest and ability inspire you to do anything. Mark was interested in doing something different. He could have improved Orkut, but he chose otherwise. Instead of working around a 'boring' template and bettering it with cosmetic changes, why not make something of your own. You may not hit a gold mine initially, but will surely learn a lot. Remember, there are always more 'fun' ways of doing things.
Richard Branson
He goes trotting around the globe, takes hot-air balloon rides and hobnobs with the world. What many often don't see is how his foreveron-the-move image adds a unique brand identity to his company. Considering how aggressively he networks, you wouldn't be surprised if the six degrees of separation theory is true.
Lesson to learn:
It's all about the network
Promote your collaboration with others and get known to them. Be known for the right reason not the wrong ones, which benefit you and your team.
This technique ensures that by hobnobbing with the right people, you keep yourself open to ideas from different and often unexpected quarters.

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