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Articles
Idea
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Case of the month
Mergers and Acquisitions
Managerial Skills
Decision Making

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 Dear Friends
Thank you for all the
encouraging emails you sent to me, in response to my new
television show. Your kind words of appreciation have truly
moved me.
In retrospect, I am thinking of myself, only as a channel to
reach millions who are struggling night and day to overcome the
challenges in their lives, whether physical, mental or
emotional. Life holds for us many ups and downs, but we should
keep in mind
that everything is transitional; Pain is
transitory, Joy is transitory. Look around yourself, there are
changes going on all around. Days, seasons, global factors,
political situations, our moods, our depressions, our emotions.
The world/ reality around us is as alive as the world inside us
and usually there has to be a balance of the two, sometimes due
to our own misery, we see the world crumbling around us. Doesn’t
that mean though that we can reverse our misfortunes any time we
put our minds to it.
Once we put our minds to it that life is continually evolving
and we have to go through various phases of highs and lows to
grow, the journey becomes a little lighter. The key to it is,
not staying down in the snake pit, but picking up our pieces and
starting afresh.
"If you have made mistakes, even serious ones, there is always
another chance for you. What we call failure is not the falling
down, but the staying down." — Mary Pickford (1893-1979)
The difference between losers and successful people is the
amount of time, they spend brooding in their misery. Every
plateau
in our lives is an opportunity for us to assess our
situation and make changes accordingly. Changing the course of
our journey as and when required. It is a delicate balance
between flexibility and persistence, self-discipline and
creativity. Self-discipline to stick with the direction we have
set, or to purposefully change it, allows us to persist every
day on our journey. Note that purposefully changing our course,
is perfectly okay. Drifting away is not.
Even as I write this , I find myself questioning whether I am
practicing what I am recommending. So, consider the pursuit of
happiness and success in work and life - a journey involving
‘learning, unlearning and relearning’ (Alan Toffler)
Always look forward to your
suggestions / feedback
which helps the Intek team to continually improve this Ezine.
Zaufyshan
Haseeb
and The Intek Family
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Idea of the month
Goal Driven Reasoning
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Are
you focused on what you want to reach? Or rather on what you don't want?
The power of "positive thinking" consists in finding a positively stated
goal. Bill Gates gives a nice example in his book
"Business
@ the speed of thought":
"The goal of IT
is making money! Do NOT concentrate on keeping IT costs low, BUT
evaluate the expenses in terms of effectivity: how much do you gain?"
The same goes for whatever other expense you make. Some EQ warning:
evaluate in terms of money, AND also whether the purchase gives you a
good feeling. Ask yourself the question: "Suppose I made the expense,
and it's in place, so that I can fully profit from its effects. Do I
really enjoy this effect, or do I conclude that after all it wasn't as
nice as I expected? (in NeuroLinguistics, this second step is called a
"Future pace")
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Case
of the month
Improve your perception about vision
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Most
people with university degrees wear glasses. It seems to be a fact of live.
The more you use your eyes, the worse they get. Now, is this really so? Some
compelling evidence that the truth may offer other options promoted this
subject to "case of the month".
Factors decreasing "good sight"
The theory above that your eyes get worse as you grow older dates from more
than 200 years ago. The "official line" is that you can't do anything about
it, except wear glasses, lenses or laser treatment. At the turn of the
century William H. Bates, a Medical Doctor, began to question this "official
line". Finding out ...
click here to read more
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Mergers and Acquisitions
Post Merger Organization Design
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Under
the best of circumstances, designing a new organization is a complex
assignment, difficult to get right. And mergers and acquisitions
(M&A) transactions rarely offer the best of circumstances. While
they present certain opportunities for one-stroke organizational
transformation, the offsetting pressure, stakes and potential
strategic pitfalls are extremely high.
Nevertheless, designing a new
organization under M&A conditions can be done, and when it is, the
returns can be substantial. Postmerger organization design can tangibly
help M&A transactions deliver on their original strategic propositions.
Traditionally regarded as a "soft" discipline (if it was recognized at
all), post merger organization design has matured enough in concept and
execution technique to drive sustained high performance, as measured in
"hard" metrics. In an era when two out of every three mergers
underperform, this is no small matter.
A Matured Discipline
The basic conceptual assumptions of post-merger organization design are
straightforward. First, ...
click here to read more
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Managerial Skills
The Art of Skillful Delegation
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Delegation is a skill of
which we have all heard - but which few understand. It can be used
either as an excuse for dumping failure onto the shoulders of
subordinates, or as a dynamic tool for motivating and training your
team to realize their full potential.
"I delegate myne auctorite" (Palsgrave 1530)
Everyone knows about delegation. Most managers hear about it in the
cradle as mother talks earnestly to the baby-sitter: "just enjoy the
television ... this is what you do if ... if there is any trouble call
me at ..."; people have been writing about it for nearly half a
millennium; yet few actually understand it.
Delegation underpins a style of management which allows your staff to
use and develop their skills and knowledge to the full potential.
Without delegation, you lose their full value.
As the ancient quotation above suggests, delegation is primarily about
entrusting your authority to others. This means that they can act and
initiate independently; and that they assume responsibility with you for
certain tasks. If something goes wrong, you remain responsible since you
are the manager; the trick is to delegate in such a way that things get
done but do not go (badly) wrong.....
click here to read more
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Decision Making
Psychology & Behavioural Finance
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Much of economic and financial theory is based on the notion that
individuals act rationally and consider all available information in the
decision-making process. However, researchers have uncovered a
surprisingly large amount of evidence that this is frequently not the
case. Dozens of examples of irrational behavior and repeated errors in
judgement have been documented in academic studies. Peter L. Bernstein
in Against The Gods states that the evidence "reveals repeated patterns
of irrationality, inconsistency, and incompetence in the ways human
beings arrive at decisions and choices when faced with uncertainty."
A field known as "behavioral finance" has evolved that attempts to
better understand and explain how emotions and cognitive errors
influence investors and the decision-making process. Many researchers
believe that the study of psychology and other social sciences can shed
considerable light on the efficiency of financial markets as well as
explain many stock market anomalies, market bubbles, and crashes. As an
example, some believe that the outperformance of value investing results
from investor's irrational overconfidence in exciting growth companies
and from the fact that investors generate pleasure and pride from owning
growth stocks. Many researchers (not all) believe that these humans
flaws are consistent, predictable, and can be exploited for profit. .....
click here to read more

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