Author Topic: Let Us be Effective Manager (Mangament Guru)-By Bi  (Read 31942 times)

Bhishma Kukreti

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Re: Let Us be Effective Manager (Mangament Guru)-By Bi
« Reply #160 on: April 16, 2020, 05:59:17 PM »
 CEO must have knowledge of Management Principles

CEO should have knowledge of learning from past experiences of own and others
Guidelines for Chief Executive Officers (CEO) series – 36 
(Guiding Lessons for CEOs based on Shukraneeti)
(Refreshing notes for Chief Executive Officers based on Shukraneeti)   

By: Bhishma Kukreti (Sales and Marketing Consultant)
-
 नयस्य विनयो मूलं विनय: शास्त्रनिश्चयात् I
 विनयस्येन्द्रिय जयस्तद्युक्त: शास्त्रमृछ्ति II (Shukra Niti 1.91)
 The King makes policy only by humility. The humility comes by knowledge of Shastra or books of knowledge. That is the reason the person that controls his senses can get Shastra Knowledge. (Shukra Niti 1.91)
   CEO must have ability for learning from experiences of others and his/her own experiences and from books and periodicals too .  The past knowledge comes by studying management books or periodicals and or by attending management schools or training conferences.  It is important the CEO has tacit knowledge and industry experiences or management experiences.

References-
1-Shukra Niti, Manoj Pocket Books Delhi, page 28
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Bhishma Kukreti

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Re: Let Us be Effective Manager (Mangament Guru)-By Bi
« Reply #161 on: April 17, 2020, 04:22:40 PM »
CEO must practices humility what the CEO preaches

Benefits of  Humility in CEO for Improvement   
Guidelines for Chief Executive Officers (CEO) series – 38 
(Guiding Lessons for CEOs based on Shukraneeti)
(Refreshing notes for Chief Executive Officers based on Shukraneeti) 
 
By: Bhishma Kukreti (Sales and Marketing Consultant)
-
आत्मानं प्रथमं राजा विनयेनोप पाद्येत्  I
तत: पुत्रांस्ततो अमात्यांस्ततो भृत्यांस्तत: प्रजा :  II (Shukra Niti 1.92)
 Translation-
  The King should practices humility first, Then he should see that his sons, ministers, servants and citizens practice humility. That means the King should not only preach but should practice first before preaching. (1)
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 Benefits of humility in CEO for improvement
  Amy et al concluded by their thoroughly researches that (2)
1-“A CEO’s humility narrates positively to their empowering leadership behaviours “
2-These empowering leadership conducts subsequently   relate positively the integration of top management
3-It is proved that the top management team integration recounts  positively to middle management’s perception for values of the  organization
4- The middle management‘s positive perception affect job performances, work engagements and commitment and affect positively same way to workers too
It is clear that the humility importance cited by Shukra Niti is relevant in today’s conditions too
References-
1-Shukra Niti, Manoj Pocket Books Delhi, page 29
2-Amy, Y. et al, (2014) Humble Chief Executive Officer’s connexions to  the Top Management Team integration and Middle Managements’ Responses , Administrative Science Quarterly (8th January 2014)
Copyright@ Bhishma Kukreti, 2020 
CEO must practices Humility, CEO refreshing guidelines, CEO training humility; Strategies for Humility by CEO , Leader must have humility, Importance of humility of CEO  in improving empowerment in Organization  to be continued …

Bhishma Kukreti

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Re: Let Us be Effective Manager (Mangament Guru)-By Bi
« Reply #162 on: April 19, 2020, 06:09:23 PM »
Corrupt Subordinates of CEO are dangerous

Benefits of  Humility in CEO for Imporovement   
Guidelines for Chief Executive Officers (CEO) series – 39 
(Guiding Lessons for CEOs based on Shukraneeti)
(Refreshing notes for Chief Executive Officers based on Shukraneeti)   

By: Bhishma Kukreti (Sales and Marketing Consultant)
-
 भ्रष्टश्री: स्वामिता राज्ये नृप एव न मंत्रिण: I
तथाअविनीतदायादोदांता: पुत्रादयोपि च II ( Shukra Niti Rajkrityadhikar Nirupan , Shloka 95)
Translation –
 The corrupt King will be King but corrupt minister loses the job. The corrupt King loses crown only when kin or family members, sons are   notorious, corrupt and unfaithful or addict.
 

References-
1-Shukra Niti, Manoj Pocket Books Delhi, page 29
Copyright@ Bhishma Kukreti, 2020 

Bhishma Kukreti

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Re: Let Us be Effective Manager (Mangament Guru)-By Bi
« Reply #163 on: April 20, 2020, 07:31:22 PM »
Humble, demure, disciplined CEO makes the organization Prosperous and influence organization performances 

Benefits of  Humility in CEO for Improvement   
Guidelines for Chief Executive Officers (CEO) series – 40 
(Guiding Lessons for CEOs based on Shukraneeti)
(Refreshing notes for Chief Executive Officers based on Shukraneeti)   
By: Bhishma Kukreti (Sales and Marketing Consultant)
-
सदानुरक्त प्रकृति:  प्रजापालन तत्परः I
विनीतात्मा हि नृपतिर्भूयसीं श्रियमश्नुते II (Shukra Niti Rajkrityadhikar Nirupan . 96)
 Translation –
The King that becomes highly prosperous who is humble disciplined and raises the citizens (subjects) well and as well as citizens are always devoted to him or subject loves the king.
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  Humble CEO matters for performances of Organization
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 In a research paper, Ou, Waldman and Peterson (2015) concluded that their study suggests that humility is a potentiality significant   CEO attribute with consequences for firm’s strategies and performances. No doubt humble CEO would not get Title of Great CEO but that humble CEO is always beneficial to the organization for better performances and human handling aspects in organisation (2). 

References-
1-Shukra Niti, Manoj Pocket Books Delhi, page 29
2- Ou A.Y., Waldman, D.A., Peterson S.J., (2015), Do Humble CEOs Matter? An Examination of CEO Humility and Firm Outcomes, Journal of Management  Vol. XX No X, Month XXXX pages 1- 27
Copyright@ Bhishma Kukreti, 2020 

Bhishma Kukreti

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Re: Let Us be Effective Manager (Mangament Guru)-By Bi
« Reply #164 on: April 21, 2020, 04:40:54 PM »
Job responsibilities of  Chief Executive officer (CEO )

Guidelines for Chief Executive Officers (CEO) series – 40 
(Guiding Lessons for CEOs based on Shukraneeti)
(Refreshing notes for Chief Executive Officers based on Shukra Niti)   

By: Bhishma Kukreti (Sales and Marketing Consultant)
-
करदीकरणम राज्ञां रिपूर्णाम परिमर्दनम् I
भुमेरूपार्जनं भूयो राजवृत्तं तु चाष्टधा II (Shukra Niti Rajkrityadhikar Nirupan . 124)
Translation –
The King should have eight important behaviour or qualities as punish the cruel /culprit; donate (social causes); raise the subjects; expand the Kingdom; increase wealth /treasury through judiciary means; bring kings under the Kingdom and take tributes; supress the proudly enemies; expand the state.
  Same way, The CEO should have following personal traits too –
1-There should be punishment system along with rewards system in organization ( discipline in organization ) 
2-The organization should work for social causes too or CEO / organization should donate for social causes  (community and public relation)
3- CEO should work for all round development of employees and associates (Human resource management)
4- CEO should always go for expanding the organizational reach  (Organisational reach)
5- CEO should see that organization increases its wealth or assets through ethical  means.(fund raising and fund control)
6- CEO should create associates those  work for the organization ( taking care associates ) 
7- The CEO should see that the organization is competitive enough for tackling competition
8- CEO must see that organization is towards globalization or the organization becomes acquires competitive enough for becoming global brand (comptativeness for becoming global brand)
References-
1-Shukra Niti, Manoj Pocket Books Delhi, page 34
Copyright@ Bhishma Kukreti, 2020 



Bhishma Kukreti

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Re: Let Us be Effective Manager (Mangament Guru)-By Bi
« Reply #165 on: April 22, 2020, 05:22:28 PM »
‘People Before’ strategy by Chief Executive Officer

Guidelines for Chief Executive Officers (CEO) series – 41 
(Guiding Lessons for CEOs based on Shukraneeti)
(Refreshing notes for Chief Executive Officers based on Shukra Niti)   

By: Bhishma Kukreti (Sales and Marketing Consultant)
-
प्रज्ञा सुद्धिजते यस्माद्यत्कर्म परिनिन्दित I
त्यजते धनिकैर्यस्तु गुणिभिस्तु नृपाधम: II (Shukra Niti ,Rajkrityadhikar Nirupan 126 )
The citizens (subjects) are unhappy with the king, the citizens criticize the king, the intellectuals/talented person and wealthy persons leave the king that means that that King is unworthy. (Shukra Niti, Rajkrityadhikar Nirupan 126)
   
 The Chief Executive Officer should adopt ’People Before’ strategy for the organization achieving the success.  The Human capital is always a biggest challenge for the CEO and other top officers.  The Chief Human Resources Officers should help the CEO that the talent is being uses with their worth and the talent and competent employees don’t leave the organization  due to dissatisfaction with the CEO and unhappy with CEO .
           The Chief Human Resource officer (assisting to CEO) should be competent enough to diagnose the problems of present and future and correct them so that employees are happy with the organization and the talent don’t leave organization without any sound reasons.
  Though without reading Shukra Niti,  Modern Management  Gurus also  advise CEO  to run the organization  as  Shukra Niti advises in 1.126 Verse. Gurus Ram Charan,   Dominic Barton and Denis Carey  suggest following actions for Human Resource management officers for retaining the talent and making them happy and energetic too (2)–
The CEO should have dedicated CHRO
The CHRO (assisting directly to CEO) should predict the future and then training the human capital of the organization accordingly.
CHRO should diagnose the problems that whether the present team is capable of achieving set goals or not and with complete details.
The CEO should provide fund budget on Human capitals keeping mind that the organization should move the capital where opportunities are and should shift the thinking budgeting  inertia  (You gat same budget of last year , 5% plus and or minus).
CEO with the help of CHRO should see that the human capital  create value addition.
 CEO should make strategic groups of top executives for   discussion and making strategies and reviewing strategies and execution too. 
References-
1-Shukra Niti, Manoj Pocket Books Delhi, page 34
2- Ram Charan,   Dominic Barton and Denis Carey, 2015, People before Strategy: A New role for the CHRO, Harvard Business Review   (July August 2015 issue) pp 62- 71
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Re: Let Us be Effective Manager (Mangament Guru)-By Bi
« Reply #166 on: April 23, 2020, 12:09:36 PM »
Danger of Lustful CEO /CEO must avoid prostitute/call girls (Lustful lifestyle)

Guidelines for Chief Executive Officers (CEO) series – 43 
(Guiding Lessons for CEOs based on Shukraneeti)
(Refreshing notes for Chief Executive Officers based on Shukra Niti)   
By: Bhishma Kukreti (Sales and Marketing Consultant)
-
  नटगायक गणिकामल्ल षढाल्प जातिषु I
 योअतिसक्तो नृपो निंद्य: स हि शत्रुमुखे II (Shukra Niti ,Rajkrityadhikar Nirupan 127 )
 Translation –
  The king that takes more interest in prostitutes Dancers) , singers, wrestlers, eunuch and low category persons that king is criticized by all and is defeated by the enemies or is surrounded by the enemies. (Shukra Niti, Rajkrityadhikar Nirupan 127)

References-
1-Shukra Niti, Manoj Pocket Books Delhi, page 34
Copyright@ Bhishma Kukreti, 2020 

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Re: Let Us be Effective Manager (Mangament Guru)-By Bi
« Reply #167 on: April 24, 2020, 04:15:56 PM »
The CEO should know his/her weaknesses and should not envy  wiser or intellectuals

Guidelines for Chief Executive Officers (CEO) series – 44 
(Guiding Lessons for CEOs based on Shukraneeti)
(Refreshing notes for Chief Executive Officers based on Shukra Niti)   
By: Bhishma Kukreti (Sales and Marketing Consultant)
-
बुद्धिमतं सदा द्वेष्टि मोदते वंचकै सह I
 स्वदुर्गुण म न वै वेत्ति  स्वात्मनाशाय सो नृप: II(Shukra Niti, Rajkrityadhikar Nirupan 128)
Translation-
  The king that envies   with intellectuals; makes happy the crooks and does not pay attention on self-weaknesses that king becomes responsible for the self- destruction (Shukra Niti, Rajkrityadhikar Nirupan 128)
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The CEO should know his/her weaknesses and should not envy  wiser or intellectuals
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  There are always weaknesses with every person. There are three ways CEO looks at own weaknesses –
A-Ignore the weaknesses
B- Focus on weaknesses and turns them into strength. In speaking it is easy but practically it hard to turn weaknesses into strength.
C- Find ways around the weaknesses. This third option is the best alternate and hires wise and competent team under her or him. The CEO should build team of competent mangers for running the organization rather trying turning his/her weakness into strength.
  The CEO should never envy the wiser or intellectual /wiser subordinates or wiser /intellectual associates.
References-
1-Shukra Niti, Manoj Pocket Books Delhi, page 34
Copyright@ Bhishma Kukreti, 2020 
How CEO turns weaknesses into strength; How Director turns weaknesses into strength; How Executive turns weaknesses into strength will be discussed in next chapters too

Bhishma Kukreti

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Re: Let Us be Effective Manager (Mangament Guru)-By Bi
« Reply #168 on: April 25, 2020, 12:11:12 PM »
Importance of CEO‘s Reputation for Organization Reputation

Guidelines for Chief Executive Officers (CEO) series – 45
(Guiding Lessons for CEOs based on Shukraneeti)
(Refreshing notes for Chief Executive Officers based on Shukra Niti)
 
By: Bhishma Kukreti (Sales and Marketing Consultant)
-
न अपराध हि क्षमते प्रदंडो धन हारक I
स्वदुर्गुण श्रवणतो लोकानां परिपीडक: II(Shukra Niti, Rajkrityadhikar Nirupan 129)
नृपो यदा तदा लोक: क्षुभ्य्ते भिद्यते यत : I
गूढ़चारै श्रावयित्वा स्ववृत्तं दूषयति को II (Shukra Niti, Rajkrityadhikar Nirupan 130)
Translation -
The King that does not pardon the crime but punishes severely the culprit , loot the wealth, and insults that person who brings out his weaknesses , the subject is upset with such King and does not like such King. Therefore the King should send out the spies for finding about liking and disliking among people and ministers about his (King’s) behaviour.
(Shukra Niti, Rajkrityadhikar Nirupan 129, 130)
In Shukracharya time, the image of a King was important for ruling smoothly the Kingdom , today, it is important the reputation of a CEO for smooth running of an organization.
The reputation of chief executive effects on following areas of the company –
The reputation of CEO effects recruitment and retention.
The reputation of CEO is helpful in earning on the consumer’s trust (for example in Politics, the reputation of party present effects Vote share)
The reputation of the chief executive officer effects the market valuation of the company. The reputation of CEO is fundamental driver of company reputation.
 In a report The CEO Reputation Premium: Gaining Advantage in the Engagement Era, Webbers Sandwich  (2) found by extensive  survey in 2018, that the leader’s reputation is fourth important factors for company’s overall reputation .
Attribute ------------------------------------% effecting over all reputation of company
Product and Service quality ------------ 66
Financial performance -------------------57
Company Industry -------------------------50
Company leader Reputation -----------------49
Marketing and communication ---------------49
Company reputation related to innovation ---48
Views of News media about Company ----45
 The above research company also found country wise -% of company market value attributed to the reputation of CEO –
Asian Country ---------------------------% 
China--------------------------------------45
Hong Kong --------------------------------51
India -------------------------------------- 56
Japan --------------------------------------28
Malaysia ---------------------------------- 59
Singapore ------------------------------------- 45
South Korea ------------------------------- 28
The CEO has reputation inside the organization too that is usually different than outside. The executives of the organization judge the reputation of the CEO on following points (2)-
Clear vision for the company
Inspirational capabilities
Honesty and ethical
Good communicator internally
Cares for the company reputation
Has global out look
Good communicator externally
Decisiveness
Focussed on customers
The CEO should watch on his/her reputation among employees, among executives and among outside the organization and should conduct survey/research for  finding out her/his reputation among stakeholders.   
References-
1-Shukra Niti, Manoj Pocket Books Delhi, page 34
2- Webershandwick.scot/wp-content/upload/2015/07/CEO-FULL-REPORT-FIANAL-Digita-ML.pdf
Copyright@ Bhishma Kukreti, 2020 


Bhishma Kukreti

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Re: Let Us be Effective Manager (Mangament Guru)-By Bi
« Reply #169 on: April 26, 2020, 11:56:10 AM »
Reasons behind Employees, Associates, Stakeholders liking CEO

Guidelines for Chief Executive Officers (CEO) series – 46
(Guiding Lessons for CEOs based on Shukra Niti)
(Refreshing notes for Chief Executive Officers (CEOs) based on Shukra Niti)   

By: Bhishma Kukreti (Sales and Marketing Consultant)
-
  भूषयन्ति च       कैर्भावैर्मात्याद्याश्च  तद्विद: I
  मयि कीदूक च संप्रीति: केषामप्रीतिरेव  वा  II (Shukra Niti  Rajkrityadhikar Nirupan,131) 
 ममागुणऐर्वापि गूढं संश्रुत्य च अखिलम्  I
 चार: स्वदुर्गुणम ज्ञात्वा लोकत: सर्वदा नृप : II(Shukra Niti  Rajkrityadhikar Nirupan,132)
   Translation
 The King also know what are his the positive characters being liked and negative characters being disliked by the citizens (subject) .  The spy should find the bad characters being disliked by citizens and the King should eradicate negative characters and never criticize /neglect the critical citizens
  (Shukra Niti  Rajkrityadhikar Nirupan 131 and 132)
 The reasons behind Employees Loving their Chief Executive Officer (CEO)-
 The following characteristics are important for CEO as those are liked the most by the employees-
Effective Leadership Character in CEO
Entrepreneurial Spirit /Qualities in CEO
CEO‘s role in creating the Company Culture
Down to earth Personality in CEO
 Confident CEO
Company’s Visible and non-visible reputation of company due to CEO
Elena et al, summarised their research that in totality, the stakeholders like CEO with flowing characteristics (2)-
Decisiveness and Speed
Engaging for Impact
Adapting Proactively
CEO delivers Reliability
 In conclusion for their research paper , Elena et al  cautioned that those four personality characteristics are not enough and do not suit each and every CEO but those characteristics are major important for a CEO . 
References
1-Shukra Niti, Manoj Pocket Books Delhi, page 
2-Elena L. Botelho,  Kim,  R.P., Stephen K., Wang, D., (2017) ‘What sets Successful CEOs Apart, Harvard Business Review  July –August 2017), pp 70-77
Copyright@ Bhishma Kukreti, 2020 
Guidelines for Chief Executive Officers; Guidelines for Managing Directors; Guidelines for Chief Operating officers (CEO); Guidelines for  General Mangers; Guidelines for Chief Financial Officers (CFO) ; Guidelines for Executive Directors ; Guidelines for ; Refreshing Guidelines for  CEO; Refreshing Guidelines for COO ; Refreshing Guidelines for CFO ; Refreshing Guidelines for  Managers; Refreshing Guidelines for  Executive Directors; Refreshing Guidelines for MD ; Refreshing Guidelines for Chairman ; Refreshing Guidelines for President , Reasons for employees liking CEO ; Reasons for Associates Like CEO, reasons for Shareholders liking CEO .

 

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