Chandralekha Chaudhuri

Bang on.. Organisations should have 360 degree evaluation of all the managers to understand the root casue of good people leaving the company. Most of the time, it’s not the money what employees run after. Instead proper growth plan and opportunity give employees the correct vision for own self.

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#livingconsciously fellow readers, hope we are all aware of challenges we face in our daily urban life and that they will only increase ahead... to name a few... - water scarcity (this year it is Bangalore, in past Chennai, Capetown SA to name a few) - vehicular traffic and population - plastic use n wastage/scrapping - increased power consumption - .... you may add here, this is just a small sample nevertheless how many of us while not affected by some are still cognizant of need to make amends in our lives for greater good? case in point... ...taking a bucket bath even if not affected by water scarcity today (I am sure we have seen the promo by HUL on shower bath in desert to draw attention) or ... making efforts to re-use RO water water ... choosing to walk instead of using our vehicles for upto say 1 km for daily chores of market near homes when needed ... conscious of need to carry bags from home instead of plastic bags given by retailers. ... in world serviced by Zepto/Blanket etc...make efforts to plan our purchases. ( read traffic, pollution, packing material wastage) ... willing to use public transport at times.. buses, metro, shared drives etc ... try to reuse/ recycle any utility item/ clothes before scrapping ... conscious of the money we spend on daily living..even if we can very well afford to/ ignore the cost ... willing to open windows/gates in our homes and not always insist on electricity driven comfort willing to hear.. as they say, we are all in it together.. as for self.. apart from RO water reuse, I make efforts towards all above. the list above is NO way exhaustive.. will love if more thoughts can be shared. does it stir a thought? #livingconsciously (the premise is that the audience i reach here is well read/informed.) PS.. i believe that just our constitution mentions India as a Sovereign, Socialist, Secular Republic of India, similarly, for a living India is a Hot, Humid, Polluted, Dusty, Cacophonous Country inspite of our gated communities.

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I am sure lot of you in your career would ask this to yourself : What to do when all roads seem to be closed ????? When all roads seem to be closed and it feels like there is no way out, it can be a very challenging and overwhelming situation. Here are some suggestions on what to do in such circumstances: 1. Take a step back and breathe: It's important to take a moment to calm yourself down and gain perspective. Deep breathing exercises can help you clear your mind and think more clearly. 2. Assess the situation: Try to understand the root cause of the roadblocks you are facing. Evaluate the options you have and identify any possible solutions or alternatives. 3. Seek help and advice: Don't be afraid to reach out to friends, family, or a trusted mentor for advice and support. Sometimes an outside perspective can offer new insights and ideas. 4. Be open to change: Sometimes closed roads can lead to unexpected opportunities. Be open to changing your approach or exploring new paths that you may not have considered before. 5. Stay positive and resilient: Remember that challenges are a part of life, and it's important to stay positive and resilient in the face of adversity. Believe in yourself and your ability to overcome obstacles. 6. Keep moving forward: Even when all roads seem closed, continue to take small steps forward. Persistence and determination can eventually lead you to a way out of the difficult situation. 7. Practice self-care: It's important to take care of yourself mentally and physically during tough times. Make time for activities that bring you joy and relaxation to help you stay grounded and focused. Remember that no situation is permanent, and with patience, determination, and a positive mindset, you can find a way forward even when all roads seem to be closed. Enjoy the Summer Sun ⛱️

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🌍🎉 Celebrating World MSME Day ! 🎉🌍 As per the Udyam Registration Portal of the Ministry, as on 26.06.2024, there are 4.62 Crore registered enterprises, including Informal Micro Enterprises, with an employment of more than 20 crores. The MSME sector contributes to almost 30% of the country's GDP, around 45% of manufacturing production and is the second largest employer in the country after agriculture. #MSMEs have always been close to my heart. My first role at the bank back in 2004 involved assisting MSMEs in Southern States by providing working capital limits to agro-based units in urban, semi-urban, and rural areas. Meeting these entrepreneurs engaged in Rice milling, Poultry, Dairy farming, Oil seeds processing, etc., in person through direct visits, understanding their businesses, and addressing their queries on working capital facilities during traders' meetings was a remarkable experience. 🌾🏢🏡 However, it was often challenging. Many MSMEs hesitated to report actual figures on record due to tax implications, resulting in a mismatch between their actual turnover and the turnover in financial statements. This made credit underwriting difficult.📉🔄📊 Having interacted closely with over 1000+ MSMEs across Southern states, I discovered that their business plans are long-term and sustainable, driven by hard work, determination, grit, and profit motive. Yet, the extra support from banks was crucial for them to elevate their businesses, which wasn't always readily available. 🏋️‍♂️📈💪 It was during this time that modern banks like ICICI Bank, HDFC Bank, and Axis Bank played a pivotal role. They brought credit to the MSMEs' doorstep, ensuring timely availability to meet their business requirements. 🏦🚪💵 One crucial lesson I learned is that engagement with MSMEs should extend beyond a mere bank-customer relationship; it should be more of a business partnership. Unfortunately, this aspect often seems to be missing. 🤝🔗🤔 Below challenges are faced by MSMEs: Struggle to get timely and suitable credit at competitive rates due to a mismatch between actual business revenues and reported revenues. Contrast in the type of credit MSMEs require and the offerings from banks and financial institutions. 📉⚖️💼 Following are few solutions to empower MSMEs: ▶ The government should increase the tax slab for MSME units to encourage them to route their turnover through proper channels and report actual revenue numbers. 📈💼 ▶ Incentivize MSMEs with tax rebates if taxes are paid regularly for, say, three consecutive years. 🏆💰 ▶ Simplify the tax filing process for MSMEs to reduce complexity and encourage compliance. 📑🔍📝 On this World MSME Day, let’s celebrate the spirit of entrepreneurship and support MSME businesses. I am proud to be a part of this dynamic sector, contributing to social impact and economic growth 🙏 Together, we can create a thriving ecosystem for MSMEs and drive meaningful change. 🌟

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Rajasthan Royals - An Enigma Yesterday, Rajasthan Royals came into the match with no one believing them to win, including themselves (I suppose). To some extent, they were in a position like RCB after their 7th game. Four continuous losses and one rained out match, nothing was in their favour after having a blazing start. Earlier, they had won four matches on the trot before losing to GT, continued their winning streak in the next four matches too. Expected to be in the top two, pushed to third position because of their performance in the last five matches. It was their bowling unit which helped them to win the match and aptly Ashwin was given the man of the match. It was evident from their batting that they were still not confident after the string of losses. If RCB had reached 200+ runs, it would have been a much tougher match. However, even with much lesser runs required in the last two overs, there was a sense of uncertainty among the viewers regarding the outcome of the match spoke volumes about the state of the RR team. They need to believe themselves and to play a much more positive game to overcome SRH and get to the finals. Winning the first edition and then only six times going to playoffs in 17 editions and, losing the only time they reached finals in 2022, it's time for RR to create history, if they believe in themselves. #Confidence #Believeinyourself

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The tragic deaths of HDFC and AU Bank employees underscore the vital role of leadership in shaping an employee friendly work culture. Its need of hour that leaders including immediate managers must prioritize mental health support, fostering an environment where employees can seek help. For this open communication is essential, allowing employees to voice concerns safely. Effective leaders manage workloads to prevent burnout and promote work-life balance. Overall, a culture of shared accountability for employee well-being is necessary to ensure a supportive workplace in today's changing times.

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Learning from a recent cricket match: #INDvsSA - Setbacks might come at the beginning itself, but it's crucial not to feel let down. Regroup and dig in your heels. - When you fall & feel the pressure, or face obstacles, remember to get up and keep moving forward. - Instead of complaining about situations or bad luck, focus on doing things differently and keep improvising. - While teamwork is essential, individual performance also plays a significant role. - Embrace the belief that "Anything is possible if you believe it." - Even when everything seems fine, be prepared for unexpected challenges. Adapt your strategies and push yourself to excel. - Regardless of the circumstances, always give your best effort. - Success is the result of proper planning, hard work, and dedication over time. It's a journey, not an instant achievement. - Stay passionate, positive, and personal in everything you do. #Cricket #LifeLessons #Motivation

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Attributes of Rajarshi leadership: learning from Ramayana In terms of the Global Hunger Index, the ranking of India slipped to 101 in 2021 from its 94th position in 2020. The number of billionaires increased to 1007 and the number of millionaires increased by 63% but household incomes of 97% population declined during the Covid-19 pandemic. Even after the pandemic effect, the gap between rich and poor continues to widen fast. The question arises, do leadership theories in focus today have shown the right path? Necessity has arisen to revisit the leadership style followed by Corporates and Political masters and assimilate the Indian culture of ‘Vasudhaiv Kutumbkam’ to develop a comprehensive approach of spiritual transformation where leaders strive to search for a ‘Higher-order purpose of existence’ (HOPE) and embrace for a society centric approach. An understanding is being germinated to give prominence to the Indian culture emanating from scriptures like Bhagwad Gita, Ramayana, etc. It embarks on creating a value-based leadership framework that deals with a higher vision and mission and Rajarshi leadership is among such leadership. This paper is a modest attempt to trace the attributes of Rajarshi leadership in the light of the story of Ramayana wherein Rama (a prince of Ayodhaya in exile) instead of adopting short-cuts or taking the help of Ayodhya to get his wife free, made tie-up with Sugriva (a depressed and coward king hiding in the forest) and prepared an army of monkeys, nomads and downtrodden people of the forest and defeated the powerful well-equipped army of Ravana and established Rama-Rajaya.#HR #LEADERSHIP #SPIRITUALITY #BANKOFBARODA #RAMAYANA #ETHICS #bob

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