Tuesday 26 June 2012

LE02


INTRODUCTION

         An organisation is set up to accomplish a common interest or goal. In today's society achieving goals is becoming more and more complex because of increased competition and various options available. 

NEED OF MANAGERS

         In such situations there is need of 'Managers'. They are not only leaders but also problem solvers, goal setters and strategy planners. In today's lecture we understood two major concepts: 
1. The ability of an individual to set goals depending on the situation and resources available. 
2. The importance of communication between different levels in an organisation.

THE TASK

        To begin with, there were cubic blocks distributed amongst the students in the class and they were asked to make an estimate of how many cubes can be placed one over the other in just a single pile. Every student made an estimate and the major assumption lied between 20-25. After they were made to write that on paper they were asked to justify their count. Then there were limitation introduced in the task that only 3 people will participate and the one building the blocks will be blind folded and students were asked to bid for any of the 3 positions and also take an estimate of the number of blocks. The count dropped down between 15-20. Many of them chose over 18 as a previous case was shared of students already having built a tower of 17 blocks. From this exercise we learnt to analyse situations with available resources i.e single pile, only three participants, blind folded builder and past record.

        Second important concept understood was the different levels in management  i.e Top level, Middle level and First-line level. The first- line level or the low level was the one actually building the blocks blinded folded just by listening to the the instructions given by the middle manager. Here the ability of the individual understand the need and requirement of the higher level is tested. Also patience, persistence and concentration of the individual was also seen as the person had to rely on just ears and not eyes to complete the task. The middle level management was tested on his vocal ability. Since the recipient to his instructions was blindfolded he has to rely on on this speech to explain his requirements. Here qualities like presence of mind and ability to establish an accurate communication was tested. The top level management was allowed to observe the whole scenario and was allowed to intervene only on 5 occasions. Here to fulfill his job he had to test his patience, observations and understand his importance and role in an organisation.

SUMMARY

      The exercise was successful in making people understand what was the role of individual at different levels of management and the students ultimately triumphed in building a 19 block tower with the help of their acute skills, persistence and communication and achieved the desired objective.

LE01


INTRODUCTION
Inspiring, insightful and incredible are the words that come to mind when we think about the first lecture of POM @ NITIE. Dr. T. Prasad (or is popularly and lovingly called Dr. Mandi) greeted us with a warm smile and vibrant enthusiasm.

LECTURE PROCEEDING
Since it was the first lecture it started with introduction about the course and aware of the people about Mandi and its objective. I remembered Dr. Prasad visiting my engineering college last year where he shared a very thought provoking one liner “Socho Becho……Becho Seekho…..Seekho Socho”. I shared the same with the class. This thought is the very root from which the idea of entrepreneurship arises. Any person who starts a company on his own will only learn and excel from the mistakes that he commits at the start. In order to succeed you must fail.
Here the question arises  “Why must one Fail?”…….It is better to fail in the begin than later as you learn not to commit your mistakes later
Also after every step you take you must stop and think if this went well what can I do to make it better???
This is were the concept of smart goals comes into picture

SMART
Once you plan your project, turn your attention to develop several goals that will enable you to be successful. Goals should be SMART - specific, measurable, agreed upon, realistic and time-based.
Specific
1. Well defined.
2. Clear to anyone that has a basic knowledge of the project.
 Measurable
1.Know if the goal is obtainable and how far away completion is.
2.Know when it has been achieved.
 Agreed Upon
1. Agreement with all the stakeholders what the goals should be.
 Realistic
1.Within the availability of resources, knowledge and time.
 Time Based
1.Enough time to achieve the goal.
2.Not too much time, which can affect project performance.

SUMMARY
We Learnt the importance of entrepreneurship and were able to understand the importance of Mandi and left everyone eager for more and inspired.