IBS Library, Chandigarh

August 24, 2009

Presence of Mind

Filed under: Management Lesson of the Day — ibslibrarychandigarh @ 4:48 am

Once a manager want to test the sense of understanding of their workers. He called all of his employees of unit at one place and asked to prove their intelligence. He kept a covered pot in front of the employees and said “There is a pot in front of you. Your task is to tell what is kept in side the pot.” All of the employees tried to sort out the asked trick. But they could not reach at possible solution.

Suddenly, an employee come forward, uncovered the pot and said “It is empty”. All of the employees began to laugh thinking that he is a stupid. But the manager said that he is a wise person. I asked you to tell the thing inside the pot but didn’t say that you could not open it.

Moral: Dont assume obstacles that dont exist. Take the things in same form as them come to you.

August 21, 2009

Develop skills to read mind

Filed under: Management Lesson of the Day — ibslibrarychandigarh @ 7:07 am

Once a merchant was stolen his jewlery. He asked to all of his servants for that but all they denied. Ultimately he goes to the court of Akbar, the king. The king assigned the task of solving this problem to his minister, Birbal. Birbal called all the servants and gave one stick to each of the servants. He said “These stick are not ordinary but magical sticks of the same length. The stick of the servant who have stolen the jewlery will grow by one inch till toworrow. Bring them back tomorrow in the court.”

Next day all of the servant arrived with their sticks. Birbal asked them to show the sticks. He watched every stick carefully and said by pointing to one of the servant “This is the thief who have stolen the jewlery. He cut the stick by one inch so that he could not be caught.”  Then he told the servant that the sticks are ordinary. This was a trap to catch the culprit.

The servant confessed his mistake and returned the jewlery to the merchant.

Moral: When you have to deal with problem people you must be able to read their mind.  To deal with people of different nature and category you must think at their level.

New Arrivals, August 2009

Filed under: New Arrivals — ibslibrarychandigarh @ 6:22 am

1. Dutta (Abhijit), Management control system; pub by Kalyani, Ludhiana
2. Economic survey 2008-09; pub by Oxford University Press, New Delhi

New Arrivals, July 2009

Filed under: New Arrivals — ibslibrarychandigarh @ 6:15 am

1. Goldstein (Irwin L), Training in organization; pub by Cengage Learning, New Delhi
2. Leavy (Michael), Retailing management; pub by Tata McGraw Hill, New Delhi

New Arrivals, June 2009

Filed under: New Arrivals — ibslibrarychandigarh @ 6:11 am

1. Chadha (Prem), Prformance management: its about perfrmance not just appraising; pub by MacMillan, New Delhi
2. Goldstein (Irwin L), Training in organization; pub by Cengage Learning, New Delhi
3. Marakas (George M), Modern data warehousing, mining and visualization; pub by Pearson Education, Delhi
4. Mohanty (Soumendra), Data warehousing: design, development and best practices; Tata McGraw Hill, New Delhi

New Arrivals, May 2009

Filed under: New Arrivals — ibslibrarychandigarh @ 5:53 am

1. Metters (Richard), Designing and managing the supply chain; Tata McGraw Hill, New Delhi
2. Ballou (Ronald H), Business logistics/supply chain management; Pearson Education, Delhi
3. Desai (Vasant), Project management: small steps towards big journey; Himalaya, New Delhi

New Arrival, April 2009

Filed under: New Arrivals — ibslibrarychandigarh @ 5:47 am

1. Business Standard India 2009; pub by Business Standard, New Delhi
2. Ramcharan, Know-how: 8 skills that separate people who perform those who dont; pub by Random House, London
3. Ulrich (Dave), Leadership code: five rules to lead by Harvard Business School Press, Boston
4. Simchi-Levi (David), Designing and managing the supply chain, Tata McGraw Hill, New Delhi

June 10, 2009

Management Lesson

Filed under: Management Lesson of the Day — ibslibrarychandigarh @ 4:33 am

A little bird was flying south for the winter. It was so cold the bird froze and fell to the ground into a large field.

While he was lying there, a cow came by and dropped some dung on him.

As the frozen bird lay there in the pile of cow dung, he began to realize how warm he was. The dung was actually thawing him out!

He lay there all warm and happy, and soon began to sing for joy. A passing cat heard the bird singing and came to investigate.

Following the sound, the cat discovered the bird under the pile of cow dung, and promptly dug him out and ate him.

Morals of the story:

(1) Not everyone who craps on you is your enemy.

(2) Not everyone who gets you out of crap is your friend.

(3) And when you’re in deep do do, it’s best to keep your mouth shut!

June 8, 2009

Positive Quotes

Filed under: Management Lesson of the Day — ibslibrarychandigarh @ 6:07 am

“Your gain strength, courage, and confidence by every experience in which you really stop to look fear in the face “.  —–E. Roosevelt

 

“None will improve your lot if ou yourself do not”.————-Bertolt

May 11, 2009

5 Tips for Developing Policies for Your Business

Filed under: Management Lesson of the Day — ibslibrarychandigarh @ 5:29 am

) Think ahead. Establish policies before you need them. Doing so helps avert crises and awkward situations, and helps solve problems before they arise.

2) Determine what policies you need. Some you’ll want early in your business include a mission statement, as well as compensation, performance evaluation and employee policies.

3) Get input from key employees, as well as from members of your advisory board, your board of directors, and/or your professional advisors and consultants.

 4) Communicate policies to everyone in your business.

5) Review policies on a regular basis—once a year, for example—and revise them as necessary.

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