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Five Ways to Deal with a Poor Appraisal

Bad appraisals, like bad hair days, happen to the best of us. Quitting is not a solution. Rather, take a good look at your performance and concentrate on the course ahead.

Look Within: The first step in dealing with a bad appraisal is to keep an honest mindset and introspect about your performance. “First ask yourself the question: ‘What is wrong with me?’. Once you attack that, other things usually fall into place,” says Dabur India HR head A Sudhakar.

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How Employers can Retain Top Talent

As the economy recovers, majority of employees  will most likely look for better opportunities outside their firms, experts have warned. This critical situation demands employers to hold on to their top performers.

According to Joyce E. A. Russell, director of the Executive Coaching and Leadership Development Program at the University of Maryland’s Robert H. Smith School of Business, most firms have depended on exit interviews to learn why their employees decide to leave as they seek acquiring honest information about the company that can be used to tackle the reasons why some leave. 

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Chris’ Meeting–Humor

Phil and I are engaged in a serious Google whack battle when we spot Chris heading in our direction. Chris is looking very serious. So serious that Phil decides now would be a good time to disappear and feigns an urgent business call on his Blackberry. With a sigh I close Google down to give Chris the impression of having my undivided attention. He is one of the growing number of managers which think that I report to him – four at the last count, three of whom are all of the opinion that they are managing the same project. I use the term ‘managing’ loosely as they all seem unaware of the other managers who may or may not be doing the same job as them. Still, Chris is the one that I have to work round at this moment in time.

Third Nepal Living Standards Survey: 25.16 percent Nepalis below Poverty Line

It is now official. A survey report released on Thursday said 25.16 percent of Nepalis are living below the poverty line. The report of the Third Nepal Living Standards Survey (NLSS-III) said Nepal recorded 5.7 percent decline in absolute poverty in between 2003-04 and 2009-10. The survey—the most comprehensive study of the changing economic dynamics of the Nepali people—said the nation is witnessing poverty go down by 2 percent annually. The NLSS-III was carried out by the Central Bureau of Statistics (CBS) in 2010 and 2011 with technical support from the World Bank. The CBS has been conducting surveys of the living standard since 1995-96. The first NLSS in 1995-96 had shown 41.76 percent of the population living below the poverty line, which came down to 30.85 percent in the second NLSS in 2003-04. The NLSS uses 2,200 calorie consumption by a person per day and access to essential non-food items as the index to measure poverty in Nepal. Based on current market prices, a person needs an income of at least Rs 14,430 a year to manage food equivalent to 2,200 calorie per day and other essential non-food items. As per the report, an individual earning less than Rs 14,430 per year is below the poverty line. The survey has brought some interesting facts to light. It said poverty level in the urban hills is lower than that in Kathmandu. It also said that households led by agricultural wage workers are the poorest, while those headed by professional wage workers are the least poor. Another interesting fact that has come to light is that households headed by females have a slightly lower poverty rate. CBS Director Dhundi Raj Lamichhane said hilly cities like Illam, Pokhara, Dhankuta, Dharan and Hetauda have the least poverty level. According to the survey, only 8.72 percent are below the poverty line in the hilly cities while the poverty level in the Capital is 11.47 percent. In terms of development regions, eastern Nepal has the lowest poverty level (21.44 percent), while the Far-West has the highest level. The NLSS showed that around 46 percent of the population are below the poverty line in the Far-West. Among the ethinic groups, the survey said Hill Dalits and Tarai Dalits have the highest poverty level while the Hill Bhramhins and Newars have the least. The decline in the poverty level, according to economists and development experts, is due to the rise in remittance inflow, improvement in common Nepalis’ access to basic facilities and the government’s huge investment in the social sector. “More than 50 percent of the Nepalis are receiving remittance, which has ensured better living standards,” said Jagadish Chandra Pokharel, former vice-chairman of the National Planning Commission (NPC). According to the NLSS-III, 55.8 percent of the households receive remittance with each household receiving Rs 80,436 a year. However, former NPC vice-chairman Pitambar Sharma cautioned that the decline in poverty without economic growth will not be sustainable. “What if migrant workers abroad start to return?” he said. However, the worrying factor is that despite the high remittance, the money is not being used in the productive sector. A significant portion (78.9 percent) of the remittance is being used in daily consumption followed by loan repayment. Only 2.9 percent of the total remittance is used for capital formation, according to the NLSS. “It is high time that we work on using remittances in capital formation, which will help generate more income and employment opportunities,” Sharma said. The report calls for more government investment in the social sector (education and health) and infrastructure and says that higher level of education and access to basic facilities play key roles in poverty reduction.

Source:

http://www.ekantipur.com/the-kathmandu-post/2011/10/20/money/third-nepal-living-standards-survey-25.16-percent-nepalis-below-poverty-line/227426.html

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Five ways to Leverage Humility as Team Leader

Ishita Mishra, an engineer in a Pune-based information technology company, has recently resigned from her job of five years, as have three of her team mates. Life at work had become tough for them. An indifferent and arrogant boss led to a high performing team becoming mediocre. Lack of humilitycan hurt employees and organisation alike. There are ways to foster humility.

Be Yourself At All Times

When you are not humble, you are putting up an act and creating an artificial cover for yourself. Communication breaks down, and you tend to micromanage. “The ability to connect freely with peers and team mates gets impacted, which is one of the crucial aspects of handling a team. The lack of effective communication will lead to anything but good performance,” says K Sudarshan, managing partner, EMA Partners International, India.

Keep a Humane Approach

Being humble does not mean allowing yourself to be taken for a ride. It is about being humane in dealing with others, understanding their perspective but being firm on issues, supporting the right things and taking the right decisions. “You should never come across as an easy target for getting things done. It’s a state where you are mature, open-minded, recognise your limitations and recognise others’ strength to complement yours,” says NS Rajan, partner and global practice leader, people and organization, Ernst & Young

Lead by Example

If you want your peers and team mates to be humble, show them how to be so. Appreciate others’ talent and skills, and give them credit. Acknowledge your shortcomings, and never shy away from learning what you don’t know. Help people whenever they need you. Your subordinates will appreciate this, and stand behind you whenever you need them to. This will strengthen team spirit and improve performance too.

Let the Ideas Flow

Don’t believe what they say about how an arrogant person is feared and respected; the opposite is true. Humility always raises your stature. When you accept your shortcomings, you embrace knowledge. You take the best from others. A halfempty pot allows for a free flow of thoughts and wisdom. And that is the hallmark of great leaders and personalities.

Get Real, Times Change

The arrogance comes from power, and the importance due to influence. But situations always change. There might be employees or co-workers who you put down because of your sense of superiority today. Tables might just turn, and the people who you thought were lesser in influence, power or position could dictate terms to you. “It’s an important lesson for all individuals, whether at work or in personal life. Always behave keeping in mind that times change,” says Sudarshan.

http://economictimes.indiatimes.com/news/news-by-industry/jobs/five-ways-to-leverage-humility-as-team-leader/articleshow/9791151.cms

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