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Techno Finance and Executive Diary

Techno Finance and Executive Diary


Provides a insight over latest financial concepts important for TOP Executives. Important corporate topics which may be applied in various meetings and discussions. Disclaimer: Thanks to web/its writers..I have researched and found relevant and useful information and I am sure that viewers will find them interesting.

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Friday, January 19, 2007

Yes, Boss


Dr. Debashie Chatterjee who is a Professor at IIM Lucknow contributes articles in the Times Ascent under the section Success Sutras.
The articles are so practical that you can relate them to your work life and to yourself. I’ll be including these articles in the Management section for our readers who do not have access to Times Ascent (supplement of Times of India newspaper).
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Innovation is a novel idea that sometimes works - like purple hair or a motorised bullock cart. But innovation rarely works in a boss-subordinate relationship. In most jobs you are no more than a factor of irritation, if you are not a factor of production. The boss is the cowboy and you are the cash cow. He calls the shots and you hit the target. He whistles while you wither in excess work. He flies to corporate retreat in Hawaii. You slog in a shop in Powai!Suppose an innovation idea hits you one moronic morning in the office. The adrenalin surges inside you like a bullish market. You will find that the greatest road block to your innovation will turn out to be that blockhead you call “boss”.

One critical aspect of managing your boss. In boss management, remember these cardinal principles:

1. The boss will always trespass on your geography if you want to create history.

2. If you have the germ of innovation swarming in your head, the boss will act like a vaccum cleaner.

3. It is easier to say sorry later than to ask the boss’s permission for any history you want to create.

4. If your innovation fails, fix the blame on the ecosystem, digestive system or the planetry system.

5. If innovation succeeds, give your boss the credit and make him feel like Thomas Alva Edison.

Your only way to succeed is therefore to make your boss successful!
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