Showing posts with label Inspiring Entrepreneur. Show all posts
Showing posts with label Inspiring Entrepreneur. Show all posts

Tuesday, September 4, 2018

Delegation- A Vital Facet That Every Leader Should Possess to Reach Greater Heights


Leadership is an ability to guide or inspire. It may involve guiding a person, a group of employees or at times the entire organisation. To do so, a leader must imbibe necessary qualities in order to lead efficiently and help the team members complete their tasks on time and in the best way possible. Honesty, integrity, commitment, effective communication, decision making ability, accountability, creativity and delegation are often listed as the pivotal leadership qualities. At times, leaders feel the need of doing all the work themselves in order to complete all of it in the right way. This is certainly not an optimum choice of doing things. Leaders need to delegate tasks depending upon the amount of work to be done and capability of the employees of the organisation.

Assignment of responsibilities by a manager to an employee is called delegation. It is one of the core qualities that a leader must possess. In the long run, delegation of work benefits not just business leaders and entrepreneurs, but their employees as well. By entrusting certain tasks to employees, leaders tend to build confidence in them. This helps in enhancing employee performance which eventually aids towards achieving the organisations’ goals.

Delegation of work is done simply because one individual cannot do everything. Trying to complete all tasks by oneself may lead to inferior quality of work, difficulty in managing time effectively, missing deadlines etc. On reaching the saturation point, human beings fail to achieve the desired and necessary goals. This often leads to burnout. In order to avoid such problems, corporate giants have various departments created so as to delegate and distribute the huge amount of work and also to ensure that the right person does the right work. Hence, scientifically and professionally it is very important to delegate activities among employees.

Delegation is a sign of leadership and not weakness. Delegating tasks to relevant people is a skill in itself. That is why, effective delegation will always help leaders accomplish their goals. It will help them save time to focus on other important aspects like strategic planning of future projects and developmental opportunities. By delegating tasks and deciding upon realistic deadlines for them will boost self-esteem of the employees and will also make them believe that their leader is having trust on them. This will give a chance to leaders for improving professional relations with employees; also giving them satisfaction by seeing their employees doing better at work. On the other hand, as soon as employees receive their part of tasks to be done, they will carry them forward even in the absence of their leaders. This will help leaders in having a work-life balance.

Delegation is advantageous for not just managers but also has a positive impact on employees. When leaders delegate tasks to employees, they find ways to complete it. In this process they grow and improve their working speed, efficiency and results. This motivates them to work more and more, in the best way possible. They get a good chance to brush up their skills and also to contribute to the success of their team. Delegation, along with providing benefits to leaders and employees, also works for the welfare of the organisation. It provides the organisation with skilled employees, ready to face tough situations and take up complicated tasks with improved confidence and willpower. This notable improvement in employees in turn magnifies productivity within organisations, and increases feasibility to reach greater heights.

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Monday, September 3, 2018

Importance of Facility Management for Driving an Enterprise


Starting up a new business leads to a lot of responsibilities for the entrepreneurs. When the entrepreneur deals with the dream project, there are certain valuable sectors of a business-decorum which he must not forget. Office management is a big part of any business that can give the business the clarity of its work and target. It also offers a certain standard that the office needs to acquire to attract the clients and the employees as well. Facility Management is the latest addition to the field of creating the perfect office environment where almost every aspect of employers’ and employees’ benefits is well acknowledged.

The duties of facility management differ from company to company, depending on the business model. And the important part is such facilities represent the brand, which the entrepreneur wants to create. As a matter of fact, these facilities attract the attention of the new joiners too, to create a healthy atmosphere professionally. The arms of Facility Management are stretched wide, which enfolds a lot of important parts of the organization.

Document Management

An organization cannot run flawlessly, if the document management is not in a scientific manner. It is true that all of the important documents can be in soft copies, but as a matter of fact there are a number of important papers and files that are always a part of a good institution, and there is a good deal of soft copies too, which needs to be maintained. The team of Facility Management can take care of these important things of the office without any badger.

Technical Support

The technical equipment like laptops, printers, xerox machines, electrical connections and internet service are of great importance for an office place; and maintaining them for a free-flowing work process is beyond importance. The technical support is one of the biggest help from the facility management team that keeps all of them in check.

Repair and Maintenance

Repair and maintenance is a section that can also be termed as ‘asset maintenance’, as it deals with the assets of the organization. Lifts, air conditioner or other electrical gadgets for office purpose, including chairs and desks and office furniture all need to be maintained and taken care of; and facility management team takes the responsibility.

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Wednesday, August 29, 2018

Kedar Sabne: A Curious Entrepreneur Defining the Boundaries of Innovation


Entrepreneurship is a demanding and exciting field, one which brings forward new challenges, a sense of satisfaction, and adds spark to your ambitions. But jumping from the mundane 9-5 corporate job to being an entrepreneur is by no means a small feat to accomplish. It requires a positive mind-frame, effective planning, unwavering courage, and long-term vision to survive the entrepreneurial bandwagon. Kedar Sabne, Director of Inteliment, is one such individual who took off his corporate hat to put on his entrepreneurial hat and led his company to what it is known as today.

Boasting years of Corporate Experience

Kedar grew up in a corporate environment, one which he liked but felt the lack of freedom to get involved in things where he had an inherent capability to make things work better, efficient and simple. Born and brought in Pune in a middle-class family, Kedar took up Company Secretary Course along with graduation and immediately after that he completed Chartered Accountancy from one of the big 4s, Deloitte (erstwhile AFF& Co). It was a good start of a CS & CA career, handling audit, finance including legal aspects. Kedar had the privilege of working in larger organization since the inception of his career and had rose to level where things were streamed lined and growth was basically counting additional zeros either in numbers or geographies in which they were operating.

Jumping off the Toxic Ship

For Kedar, leaving the corporate landscape and associating with Inteliment was the boldest decision that he ever made. He realized that the road ahead would be full of obstacles, but he wasn’t entirely prepared for the challenge. He always wanted to get associated with such organization to which he can say it’s his own company and use all his years of experience in shaping up that organization for great heights, he wanted to play a role of a catalyst and be impactful. That’s where Kedar got associated with Inteliment through Prashant the CEO. Though, they knew each other as professionals, working with the founding team is has been a different feeling altogether. The freedom to take a decision is what matters the most.

Being a finance and legal professional and handled business set up in more than 20 countries, extensively worked on international and domestic arrangements and agreements, managed IP/trademarks, helped in filing and deciding patent strategy, raising finance and handling mergers and acquisitions helps him in pivoting the corporate strategy at Inteliment and perform his finance and legal role effectively. Every function works on data, KPIs and a qualified charted accountant is the best professional to add value. Inteliment is an EFQM Business Excellence accredited company for their quality of work and the way in which they do it, they have a process in place and always aims to benchmark the best practices, and once that is achieved, it translates into winning over competition.

Turning a Perceived Risk into Success

Kedar compares risk with a dream, to dare to dream is the most significant risk and being an entrepreneur is one such risk. Difficult times are bound to be there and withdrawing without trying enough is a “failure.” Kedar believes that just being passionate and dedicated towards work is not enough to convert the failure to success but the time to market is extremely crucial.

He further explains that one has to apply the rule of 80:20 in life, where one can give 80% as per the third party’s expectation, while 20% one should always be ready to work upon; only this will ensure that one doesn’t miss the opportunity.

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