MICROFINANCE : "A STEP TOWARDS MASSES....."

Switch on your TV and watch any business channel Or even turn the pages of any business magazine /newspaper. It makes you feel Wow !! Economy is doing great !!
- Stock markets booming to 19k level
- Inflation under control.
- Huge FDI inflow
- Foreign reserves at comfort levels
- Indian Companies doing overseas acquisitions
- Number of CEO taking more than crore of salary have doubled
- Number of billionaire from India are growing at rapid pace... So on.

Take a drive 30 km away from city you live in and you will see REAL INDIA. People still struggling to for basic need : ROTI, KAPDA aur MAKAN. 98% of India's population does not participate in the equity markets

The India shining appears to be poverty elimination program for higher middle class and rich class. Nothing concrete seems to be coming in for masses.

India doesn’t need mass production. We need production by MASS. Our population a strenght and not a weakness. All we need is generation of employment. Entrepreneurs will play a key role. Smart brains from IIT/IIM should look possible career option in driving various government initiatives. We need people like Nachiket Mor (ICICI) who dare to take up the jobs which have less glamour . Education Minister should spend less time on “ quota system”. We should make it mandatory for all the management / engineering graduate to do a one year assignment in rural India as a part of curriculum ( Similar to the medical ) .

We need to act quickly to spread the benefits of India shining to mass. The disparity in income levels will generate problems of plenty

Am I sounding like a politician??? No Blame Game . These are thoughts .

I want to be a part of of solutions and hence I have made a small beginning to support those who are fighting a losing battle.

I have set aside small kitty of Rs. 5000 ( pls don’t laugh ) this Diwali for initiating much talked about “ MICRO FINANCE “. This is to support my car cleaner, maid servant , Milk Man. I don’t expect them to payback but my KYC say they will. I plan to give this good news to them along with Oct end salary . This thought itself is giving me a great feeling .

Do join me or atleast share any such thought that I can implement to better the life of masses

WHO REPRESENTS YOUR TOP MANAGEMENT ?

Every organization has three categories of employees. These mixes can be a key indicator of the future growth of the organization. It’s this mix that should help you predict the future of the company.

Category 1: (Smart once): They are the sachin tendulkar’s of the world. Focused towards making good records. However, they playing good innings when the country needs them is RARE .Past experience indicate candidate create their own brand by leveraging the strengths of these companies. Seldom they do end to end delivery but they have jack of all master of none. Truly general managers.

Category 2 (Latch on type): Just two words keep them high on the career path ie “ YES SIR attitude “ . They are quick to identify the leaders and just latch on to them. They lend unconditional support to their master. This makes them the power centers and also gives the master a comfort in pushing his plans. So it’s a win-win situation That’s the way for them to make it to TOP and are always in the CORE group. But the only threat is when the organization is in the wrong hands !!!

Category 3 (Hardworking type): They are the backbone of the organization. Revenues, power of execution etc is primarily belong this category. Keep a watch on how are these employees are treated. Companies having good representation of this category are always the industry leaders. Only visionary CEO’s backed with excellent HR practice can nurture this category.

Worried about the future your company than keep a watch on top management representation!!!!