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Monday, November 23, 2009

Why Employees Leave Organisations?

Found that this article is very true and wish to share it with everyone! ^^


WHY EMPLOYEES LEAVE ORGANISATIONS ? - Azim Premji, CEO- Wipro

Every company faces the problem of people leaving the company for better pay or profile.

Early this year, Mark, a senior software designer, got an offer from a prestigious international firm to work in its India operations developing specialized software. He was thrilled by the offer.

He had heard a lot about the CEO. The salary was great. The company had all the right systems in place employee-friendly human resources (HR) policies, a spanking new office, and the very best technology, even a canteen that served superb food.

Twice Mark was sent abroad for training. 'My learning curve is the sharpest it's ever been,' he said soon after he joined.

Last week, less than eight months after he joined, Mark walked out of the job.

Why did this talented employee leave ?

Arun quit for the same reason that drives many good people away.

The answer lies in one of the largest studies undertaken by the Gallup Organization. The study surveyed over a million employees and 80,000 managers and was published in a book called 'First Break All The Rules'. It came up with this surprising finding:

If you're losing good people, look to their immediate boss. Immediate boss is the reason people stay and thrive in an organization. And he's the reason why people leave. When people leave they take the knowledge, experience and contacts with them, straight to the competitor.

'People leave managers; not companies,' write the authors Marcus Buckingham and Curt Coffman.

Mostly managers drive people away?

HR experts say that of all the abuses, employees find humiliation the most intolerable. The first time, an employee may not leave, but a thought has been planted. The second time, that thought gets strengthened. The third time, he exercises his thoughts by looking for another job.

When people cannot retort openly to anger, they do so by passive aggression. By digging their heels in and slowing down. By doing only what they are told to do and no more.. By omitting to give the boss crucial information. Dev says: 'If you work for a jerk, you basically want to get him into trouble. You don 't have your heart and soul in the job.'

Different managers can stress out employees in different ways - by being too controlling, too suspicious, too pushy, too critical, but they forget that workers are not fixed assets, they are free agents. When this goes on for too long, an employee will quit - often over a trivial issue.

Talented men leave. Dead wood don't.

Thursday, November 19, 2009

Life's Promise


Life is not as promising as how we view it. Many things that we always thought its perfect on the surface, have many imperfections within. Humans born and strife to be perfect each day, but ended up will leave a scar of distort in their hearts and deeds. Knowing so can be so disappointing.

Some people show themselves as pure, and always acting to be someone perfect, saying things that brings up themselves, boasting, how good their heart can be and how much they sacrifice for someone they love, how much they can't let go of something important. But at the end, all of us are just merely humans after all with pure original sins. Everything will be just ruined up when things goes wrong. Not as pure as they say so. Nothing is important to them when it's already ended. By saying so means nothing at all.

Even how good and positive my heart can think about. Maybe other angle of acceptance like people say so? Maybe another way to view on things that happened badly? Seriously, I still can't lie to my own heart and my own feeling on how i feel even how positive i think bout it.

Friday, November 06, 2009

Power of Money

I've read through this in my mail, sent by my mom. It's quite meaningful and perhaps giving us some idea on how to be a millionaire! Just an article to share with everyone. Enjoy and learn! :)

By Adam Khoo - Singapore's youngest millionaire at 26 yrs.

I travel around the region pretty frequently, having to visit and conduct seminars at my offices in Malaysia, Indonesia, Thailand and Suzhou (China).

I am in the airport almost every other week so I get to bump into many people who have attended my seminars or have read my books.

Recently, someone came up to me on a plane to KL and looked rather shocked. He asked, 'How come a millionaire like you is traveling economy?' My reply was, 'That's why I am a millionaire. ' He still looked pretty confused.

This again confirms that greatest lie ever told about wealth (which I wrote about in my latest book 'Secrets of Self-Made Millionaires'). Many people have been brainwashed to think that millionaires have to wear Gucci, Hugo Boss, Rolex, and sit on first class in air travel. This is why so many people never become rich because the moment that earn more money, they think that it is only natural that they spend more, putting them back to square one.

The truth is that most self-made millionaires are frugal and only spend on what is necessary and of value. That is why they are able to accumulate and multiply their wealth so much faster.

Over the last 7 years, I have saved about 80% of my income while today I save only about 60% (because I have my wife and 2 kids, mother in law, 2 maids etc. to support). Still, it is way above most people who save 10% of their income (if! they are lucky).

I refuse to buy a first class ticket or to buy a $300 shirt because I think that it is a complete waste of money.

When I joined the YEO (Young Entrepreneur's Orgn)a few years bac
k (YEO is an exclusive club open to those who are under 40 and make over $1m a year in their own business) I discovered that those who were self-made thought like me. Many of them with net worth well over $5m, travelled economy class and some even drove Toyota's and Nissans,not Audis, Mercs, BMWs.

I noticed that it was only those who never had to work hard to build their own wealth (there were also a few ministers' and tycoons' sons in the club) who spent like there was no tomorrow. Somehow, when you did not have to build everything from scratch, you do not really value money. This is precisely the reason why a family's wealth (no matter
how much) rarely lasts past the third generation.

Thank God my rich dad foresaw this terrible possibility and refused to give me a cent to start my business.

Then some people ask me, 'What is the point in making so much money if you don't enjoy it?'

The thing is that I don't really find happiness in buying branded clothes, jewelery or sitting first class. Even if buying something makes me happy it is only for a while, it does not last.

Material happiness never lasts, it just give you a quick fix. After a while you feel lousy again and have to buy the next thing which you think will make you happy. I always think that if you need material things to make you happy, then you live a pretty sad and unfulfilled life..

Instead, what makes me happy is when I see my children laughing and playing and learning ! so fast. What makes me happy is when I see my companies and trainers reaching more and more people every year in so many more countries.


What makes me really happy is when I read all the emails about how my books and seminars have touched and inspired someone's life.

What makes me really happy is reading all your wonderful posts about how this blog is inspiring you. This happiness makes me feel really good for a long time, much much more than what a Rolex would do for me.

I think the point I want to put across is that happiness must come from doing your life's work (be it teaching, building homes, designing, trading, winning tournaments etc.) and the money that comes is only a by-product.

If you hate what you are doing and rely on the money you earn to make you happy by buying stuff, then I think that you are living a life of meaninglessness.