Thursday, January 3, 2013

Becoming People Savvy in the New Year


Becoming People Savvy in the New Year

It's a new year! 2013 has started and it's time to make new beginnings! New resolutions, skills, adventures, jobs, homes, etc...All of us are keen to start the new year on a positive note. Yet there are many people like Neil who are impatient and too critical to make a positve impact. He is a manager with many years of experience but he tends to misread others and is often unable to clearly understand their strengths and weaknesses. This has become a roadblock which is preventing his promotion from happening. What he lacks are people skills. Well, here are 13 ways in which they can be developed:
1. Avoid generalizations about people. Just because they are unable to do one this competently does not mean that they can't do a 100 things better than you do.
2. We often tend to stick to people with whom we are comfortable. They are similar to us in personality, views, skills, etc. There isn't much we can learn from someone like this. Instead, it is important to look for people with whom you disagree or who gets on your nerves. Try to understand what they do well and not well. Stop judging them.

3. Listen when people talk and try to find out what drives them. When you hear them out, it shows that you care. Find common ground. Also freely share information abut yourself.
4. When someone is speaking, don't interrupt, finish sentences or wave off further information by saying you already know it. Ask questions to learn more about people.

5. Think of the people you with whom you work closely and see if you can write down 3 specific strengths and weaknesses that they have. After that decide how confidnet you are of your assessment. You may find that you are more sure about the people whom you like or with whom you share a personal relationship. Spend time with people until you can comfortably list their strengths and weaknesses.

6. Become a people watcher. Try to predict what they are going to say or do before they do it. Find patterns in their behaviour. This will not only help you to understand their strengths and weaknesses but also adjust to their responses.

7. On a more formal level take up a job or assignment which requires you to interact with a different culture, new and diverse set of people.
8. Opt to work with a cross-functional team or a new group of people from another function who have a different background and perspective.

9. Take on additional responsibilities which entail managing a large group of people and the onus for their training and development.
10. Join a start-up which requires you to build a rapport with a new team and develop new skills.

11. Work on a project which requires you t use your personal power and influencing skills rather than your position or authority.

12. Volunteer to assemble a diverse team to resolve a challenging issue.

13. Handle a tough negotiation with an internal or external.

Try them out and share your feedback on how they worked for you.

2 comments:

Haddock said...

it is important to look for people with whom you disagree or who gets on your nerves.......
This is very true and helps in realizing the facts around us.

Poonam Kakodkar said...

I agree with you Haddock. Thanks for commenting! Poonam

Women in the Boardroom

A recent study conducted by New York-based not-for-profit organization Catalyst has revealed that companies that hire more women at senior executive positions stand to improve financially.

It wqs found that companies which had at least 30 per cent women on the board performed better. Also, boards that had more women in 2001 saw their numbers rise further by 2006, indicating that women on top bring in more women.

Catalyst based its study on an analysis of 359 Fortune 500 companies starting in 2000 and thereafter once again in 2006. Companies with maximum women directors and corporate officers also showed improved financial numbers as against companies that lacked women at the top.

The study also said that the number of Fortune 500 companeis that had more than 25 per cent or more of women, was also growing in numbers consistently. While only 30 companies fitted the bill in 2001, the number went up to 68 in 2007.

In Feb 2008, PepsiCo's India-born chief Indra Nooyi was among Forbes' list of 10 best women chief executive officers of large corporations based on their total return to investors since each woman took the top job.

Forbes gives top rank to Catherine Burzik, head of Kinetic Concepts, a medical technology company, and number two to Meg Whitman of eBay, the online marketplace. PepsiCo under Nooyi, who took over as CEO in October 2006, gave investors annual return of 9.4 percent, and 13.1 percent cumulative. Standard & Poor (S&P) annualised return is 2.6 percent while industry average annualised return is 0.4 percent, according to the magazine.

Paying a compliment to the women CEOs on the list, Forbes magazine said stock performance had as much to do with corporate leadership as it had to do with the state of the marketplace.

The magazine said of about 1,000 public companies with at least $1 billion in annual revenue, there are 30 female chief executives in its database. A dozen of these companies have shown total returns greater than their industry peers, with a minimum length of time in office of the CEO of a year and a half. Nooyi's strategy and style of functioning at the global food and soft drinks behemoth has been analysed by Fortune magazine in a cover story in its current issue.

The magazine had earlier rated her the world's most powerful businesswoman in 2006 and 2007.