Tuesday, 27 August 2013

Rise of Digital Era - " Digital CV "

Memorable moments-

Everything happens for first time in life & those first time or first few moments are the ones that you remember the most.
One such moment was when I prepared my Digital CV. Initially i thought it was a Exhaustive exercise & i wont enjoy it but at the end i can surely say it was a purposeful & satisfying experience.
I thought about what can be different in it from normal Word CV but yes it is totally different experience as alongwith your Qualifications & Work-Ex related skills your non verbal as well as Presentation skills play their part.

Whenever i do any thing i always think about the purpose & Its Advantages :

Purpose :
It is an innovative way to showcase our talents and demonstrate our suitability for a vacancy.
It is type of innovation

Advantages :

Beat the competition: aside from the speed benefits in terms of physically getting a resume in front of an employer versus snail mail, digital CVs can be eye-catching, engaging, humorous and elevate an applicant above the rest; for their effort if nothing else.

Appropriate channel: as more jobs are advertised online, it is fitting that CVs should be posted via this channel also. With so many applications to sift through, this saves a huge amount of time and also allows recruiters to search for suitable candidates faster.

Reflects changes in the recruitment process: a large proportion of today's recruiters are expected to research candidates online, while most managers admit to doing it, whether morally right or not. As such, a positive, professional online presence, in whatever form, is all-but essential and can vastly influence an individual's job prospects.

Demonstrates skills: a digital CV can indicate that an applicant has initiative, is creative, possesses technical abilities and has original ideas that transcend the 'everyday'. They can also infer precisely how passionately an individual wants to work for a specific brand or in a particular role in ways that a paper CV simply isn't able to convey.

Representative of modern working life: using a digital CV is a method which is far more appropriate for the application of modern roles. Changes in working practices and workers' own expectations/ attitudes mean we have seen roles essentially deconstruct and become non-linear.


Looking at various advantages it is befitting that i made my Digital CV & advice everyone out there in the world looking after job to make one of their own.




Happy Learning

Structure that makes a difference

Structure : It is the Heart of any Organisation




Why ?

The way in which we define structure of organisation is the way in which organisation will progress.
It is this structure that will make a difference in Growth Path of Organisation.So i will consider to be heart of any organisation as everything will be dependent on it.

Meaning :

The organizational structure of an organization tells you the character of an organization and the values it believes in. Therefore, when you do business with an organization or getting into a new job in an organization, it is always a great idea to get to know and understand their organizational structure.

Organization in which i worked :

It followed Matrix Structure-

I used to report to two managers. I used to report functionally to one manager & Product wise to another.
This Matrix structure violates unity of Command principle but one gets cross funtional exposure & learns cross functional skills

Matrix structure

The matrix structure groups employees by both function and product. A matrix organization frequently uses teams of employees to accomplish work, in order to take advantage of the strengths, as well as make up for the weaknesses, of functional and decentralized forms. An example would be a company that produces two products, "product a" and "product b". Using the matrix structure, this company would organize functions within the company as follows: "product a" sales department, "product a" customer service department, "product a" accounting, "product b" sales department, "product b" customer service department, "product b" accounting department. Matrix structure is amongst the purest of organizational structures, a simple lattice emulating order and regularity demonstrated in nature.
  • Weak/Functional Matrix: A project manager with only limited authority is assigned to oversee the cross- functional aspects of the project. The functional managers maintain control over their resources and project areas.
  • Balanced/Functional Matrix: A project manager is assigned to oversee the project. Power is shared equally between the project manager and the functional managers. It brings the best aspects of functional and projectized organizations. However, this is the most difficult system to maintain as the sharing of power is a delicate proposition.
  • Strong/Project Matrix: A project manager is primarily responsible for the project. Functional managers provide technical expertise and assign resources as needed



Friday, 23 August 2013

" Grameen Bank " - An excellent rare example of using Innovation for upliftment of Poor

What are functions of a bank  ?

  • Giving Loans
  • Accepting deposits
All of us can tell this even when we are woken up in middle of sleep & asked this question.
But alas we are seeing only from eyeshell of a businessman or Common people.
This are not only it's functions.
A noble person came up with a noble purpose of uplifting the downtrodden by innovating the concept of basic banking, Professor Muhammad Yunus, Head of the Rural Economics Program at the University  of Chittagong.He launched an action research project to examine the possibility of designing a credit delivery system to provide banking services targeted at the rural poor.
The project is today known as "Grameen Bank"

Objectives :

The Grameen Bank Project (Grameen means "rural" or "village" ) came into operation with the following objectives: 
  • extend banking facilities to poor men and women;
  • eliminate the exploitation of the poor by money lenders;
  • create opportunities for self-employment for the vast multitude of unemployed people in rural Bangladesh;
  • bring the disadvantaged, mostly the women from the poorest households, within the fold of an organizational format which they can understand and manage by themselves; and
  • reverse the age-old vicious circle of "low income, low saving & low investment", into virtuous circle of "low income, injection of credit, investment, more income, more savings, more investment, more income".

The action research demonstrated its strength in Jobra (a village adjacent to Chittagong University) and some of the neighboring villages during 1976-1979. With the sponsorship of the central bank of the country and support of the nationalized commercial banks, the project was extended to Tangail district (a district north of Dhaka, the capital city of Bangladesh) in 1979. With the success in Tangail, the project was extended to several other districts in  the country. In October 1983, the Grameen Bank Project was transformed into an independent bank by government legislation. Today Grameen Bank is owned by the rural poor whom it serves. Borrowers of the Bank own 90% of its shares, while the remaining 10% is owned by the government.

Impact : 

Grameen brought credit to the poor, women, the illiterate, the people who pleaded that they did not know how to invest money and earn an income. Grameen created a methodology and an institution around the financial needs of the poor, and created access to credit on reasonable term enabling the poor to build on their existing skill to earn a better income in each cycle of loans.

It was truly great that Nobel Peace award (2006) was given to a noble person for such a nobel cause.Hope to see many such noble innovations in my future life & hope to be part of one of them.