These days, people are more inclined to start businesses and they want some magic formula for success. However, there is no magic formula for success as an entrepreneur. Everything you need to succeed is within you. It is your mental toughness that helps you not to get emotionally attached to your work, and patience that determines your growth. Being able to sell your idea or product is very important as an entrepreneur. Your vertical has to be customer-centric. Developing entrepreneurial skills requires practice and dedication.

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By sharing my own experiences, I illustrate the right way to get your job. Often people are eager to get a job and without any preparation they start collecting information. However, this would not be the right way to do it. There is a process for it. They should come up with a strategy before starting to look for a job. Without a plan, nothing will work. A person needs to ask himself why he or she wants a job, and instead of fitting themselves into any company, find one that fulfils them.

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Let me further illustrate the right way of taking decisions, with my own experience. The challenge before us was the best utilization of the space of depot and we set on to achieve it by optimizing the "storage". For this, the key idea was to organize the storage of Dunlop products in a way that the distance that they have to travel from unloading bay to loading bay from where they are dispatched to the customer, becomes minimum. We further took several out of box decisions but they all worked perfectly well since we were always clear about that one particular area which was to be optimized and all other decisions ran subsidiary to it.

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Unemployment is a burning issue in the country. There is a desperation among job seekers due to mismatch between the number of jobs required and number of jobs actually available. In such a scenario it is important to put forward the fact that everyone possess some skills and there is always a market demand which needs to be fulfilled. If you identify your skill and leverage it to fulfill that demand, you won't have to go around asking job from others. You can be a boss of your own and who knows that in long run you happen to become a job provider for others?

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As we know that taking a good managerial decision requires you to be clear about what you want to achieve through that and optimizing only one thing at a time. Let me illustrate this through an example based on personal experience. Years back, we had the task of ensuring the profitability of a tyre company in a very competitive tyre industry. We set out to achieve this by identifying that the transportation through trucks was the major cost of distribution and then taking the out of box decision of transporting the tyres through train. We then adjusted other variables like production cycle, accordingly..

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Decision making is the most important role of a manager. Many times, managers are scared to make a decision because they fear making mistakes. This fear comes due to unawareness of what exactly needs to be decided and what exactly needs to be achieved. Taking decisions becomes super easy if you are aware about what you want to achieve through it. Decisions fall flat when you try to optimize lot of things. That is why you need to identify a key area that needs to be optimized and identify the bounds within which you are operating.

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Everyone experiences challenges. It’s how you react to those challenges that determine whether you’ll be successful. The same thing applies to any organization. Once in a blue, a crippling challenge can come in your way and you would be left in the position of inability to make a profit or to bring in enough revenue to cover the expenses of your company. That is when you need to apply the strategy of "repositioning”. Through brand repositioning, you change the status of your brand in the marketplace but maintain its identity at the same time.

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Delegation of work in a right way is important for the growth of an organization. With delegation, comes the responsibility of monitoring the delegated work. Excessive monitoring may vitiate the work culture of the organization and effects efficiency of work. So how does one in the position of leadership monitor the delegated work .The answer lies in not trying to micro-monitor everything happening in the organization but identifying a couple of things which are crucial for the health of organization and monitoring them on daily basis. 

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With the COVID-19 pandemic bringing unprecedented changes in work life, the work from home trend has become a new normal. Although on one hand this new work culture seems to mitigate the chronic work life imbalance that employees face, on the other hand, employees and organizations are also loosing out on lot of things. Some of these things we miss out on are mentoring, customer interaction skills, networking, team building, bonding and personal interactions. Although online work environment can never substitute the real professional environment, still there are certain soft skills that can bring about your personal and professional growth in this new remote working culture.

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Lot of people do not delegate their work because they want to make themselves indispensable and safeguard their jobs. They get thrilled and take lot of pride in entrusting upon themselves all the big things happening in their organization. This sort of behavior is a death sentence for your career because making yourself that important means you would not be released for holidays, training and other professional pursuits. So if you want your growth along with the growth of organization as a whole, make yourself dispensable!

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