Showing posts with label calculative risk. Show all posts
Showing posts with label calculative risk. Show all posts

Sunday, February 19, 2012

Calculated risk which I took…

When they selected me as a “Management Trainee” through campus, they told me that I would handle recruitment and training. They used to hire diploma engineers from campus working in assembly department. These trainee engineers would actually work on machine and doing assembly jobs. That was a big task. Mass recruitment, walk-in was common.

When I joined the company, I saw a clear conflict between management and workmen. Most of the workmen were members of dominated left outfit.  After joining of 15 days, the conflict went terribly wrong and union started agitations. They started exhibiting their militant behavior and forced workmen to stop the work. The Personnel Manager sent the letter to Directors (who were located at Mumbai) that he was unable to attend the office due to the threat of workmen. We, (trainees) were asked to seat at home. Union office bearers “Gheraoed” the Works Manager one day. They cut the telephone wires from his table. When I came in the plant, I came to know the incident. We all were out side the plant. There were very less chances to break the deadlock. The other team members who were actually responsible for Industrial Relations were just discussing what to do. They were not allowed to go inside the plant by union members.  

By evening, I decided to do something. I thought, anyway the situation is worst. Anyhow, I had to find another job in different company, but that was a time to act and take some risk. The working telephone was at the security gate only. Workmen were settling around away from the security gate. I managed to go inside and reach in the cabin of Works Manager. He was on the verge of being fainted. I went towards the senior union office bearer and shouted, “There is a call at security gate from Directors from Mumbai for Mr. Narke (Works Manager) and he told me to request you people to allow him to speak with him to resolve the issue. From his language, it seems that he wants to break the deadlock, hence please allow him at least to understand the views of Director.” My “confident voice” might have some impact and they somehow allowed to the Works Manager to go out from the cabin. As he stood, I whispered in his ear outside the cabin, “Sir, there is no any such call, better let’s run over the fence and disappeared from the venue.”

We both did the same thing and ran from the “venue”. We stop the taxi and disappeared from the spot.  The went his home and sent the fax to directors at Mumbai that he was also not in a position to attend the office as there was a threat to his life. Next day, company declared the “lock out”.

After 2-3 months, some-how conflicts started to resolve. The union office bearers were suspended. Workmen were convinced to form the internal union and normalcy was restored.

Works Manager was so happy with me that he confirmed me within 6 months.  Apart from recruitment and training, the responsibility of Industrial Relations was also given to me.

When I look back, I surprise the risk which I took that time. There were 50-50 chances of wining. Perhaps, they could beat me if they would have suspected that I was just saving the Works Manager. But it was calculated risk. I decided to act in evening where the energy of union members and workmen was low. Though all workmen were with union, I knew that there were internal issues and most of the workmen wanted normalcy. I was not responsible for Industrial Relations, but I was worried about the Works Manager on humanity ground. I just acted.

After that I took lot of risks in my personal and professional life, but all were weighted and calculated….

Sunday, November 27, 2011

Speed, overtake and risk

It takes me 1/2 hour for going at the office. The road is always busy. Lot of vehicles on the road make the journey little bit slow. There are certain people who do not follow the discipline of the road and then creates bedlam on the road. Mondays become sometimes anxious due to this reason. There are telcons planned and I have to reach in the office at sharp 9.00 pm. Lot of mails and calls waiting on the laptops make the day demanding.  

There is a line of 4-wheelers running at the speed of 30-40 and I want it to run at the speed of at least 50-60. Long queue of vehicles and everybody is in the line.  I have two options, either to follow the next vehicle and follow the pace or just overtake and try to reach next to next to next vehicle. I choose second one. There are two possibilities if I opt for second option- I reach in front of all and be on time in the office or I am responsible for creating one more chaos on the road and take the blame from others for that.  I chose to be calculative. I see that pace is slow and all the vehicles are following the same pace. I don’t want to one of them but I should be careful. I increase the speed and overtake all and reach next to all. I got it.  Sometimes I have to make speace for me indicating another vehicle that I am planning in your line in front of you, be carful.

And one day, I enticed to compare the metaphor with our life. We have dreams and Goals in our life and definitely we want to achieve the same. Life is the journey and we want to reach at the destination. Sometimes we take speed and sometimes we just follow the line of vehicles.

Here are some of my takeaways from this:

1)      Don’t follow always: Sometimes, following somebody is beneficial, but not always. You need to decide your own action to achieve your goals. If you try to only follow, then there are near miss opportunities of success. Perhaps if you overtake them just by increasing your speed, you may get the key to success.                    
2)      Take calculative risks: I calculate the risk and as I told you I choose second option to increase the speed and overtake other vehicle. There are people who play the safe game and then blame their destiny. You yourself can decide your fate, destiny.  Playing safe is again sometimes beneficial and not always. You know that if you increase your speed, overtake others, or choose another way, further way can be risky. There are lots of risks in the life. Overcoming the fear and taking calculative risk creates the way for the success.
3)      Have the urgency: I always tell my team to imagine that if they don’t do the task on time, they would loose the job and the job what they are doing is the only job available in the market. Creating the need of urgency makes your job easy. Steve Jobs rightly asked to imagine that tomorrow you are going to die. When I commute to office, I have the urgency to go in the office, but this is not the urgency, I have lot many things to do and I have in mind that I have to finish all just today.
4)      Be alert and aware about the situation and check others movement: I increase the speed of my car on the road, but I also check the situation and movements of others. I know I can be careful but others may create the problem for me. There are others guys on the road, who must be thinking the same what I am thinking and this may lead to the major accident. To avoid this I am alert to understand the situation and try to make the safe space for me by taking the control on speed.

Life is like the same. Once you like this you will enjoy the way of making it more adventurous.

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