Showing posts with label TATA. Show all posts
Showing posts with label TATA. Show all posts

Wednesday, January 15, 2014

The ‘emotional’ connect in modern management



‘People’ are the main asset for any company or institution, more so for the research and innovation based organizations. Companies which are known to put ‘employees’ in the fore front are found to be more productive, positive and in the long term provide value to not only to its share holders but also to the society in general. 

Two Indian corporate giants HCL Tech and the Tata group are known to have great employee friendly outlook. HCL technologies, the IT sector major, surprised the world when it announced the policy of ‘employee first, customer second’ slogan. The idea is that a happy and may I add a satisfied employee can add more value to the organization than a de-motivated one. I strongly believe, if an employee is made a stake holder in the company’s decision and path it takes or envisions, then it brings the employee much closer to the organizational DNA and its values. 

People have slowly started to realize the power of the ‘emotional quotient’ in managing an institution. Humans are not robots so to expect productivity of a robot from a human is not only undesirable but absurd. Long working hours, expectation of taking work to home, working hard even on weekends may bring good returns in short term but these practices eventually bring about high ‘burn-out’ rates in employees and eventually organizations take a beating in the long run! 

Talented employees always do not work for monetary benefits only. They also look at the way the organization treats its employees. In today’s world of high attrition, many organizations overlook this aspect and focus on other factually incorrect reasons to address this issue. 

This empathetic approach is very important for research driven organizations. Research is a 24X7, 365 days a year affair and requires huge commitment from the scientists. To top it, a high percentage of failed experiments, tougher deadlines and lower employability options burden the researchers. Therefore, to improve productivity, it is important for the managers to harness the‘emotional quotient’ much more and come out with radical shift in the outlook of 'people management'!