Changing managerial scenario...

Turmoil .... i think this is the write word to explain present economic situation in the world..
..isnt it??
"Lehman brothers crashing, AIG bailed out, fluctuating oil prices, Satyam business scandal..."
Are these all victims of unfavourable circumstances or an outcome of bad managerial decisions based on , may be greed or lack of ability...??
what do you think?
All this has has led to economic crisis in countries, leading to financial crunch in the corporate sector,hence going in for cost cutting..
Now days, a lot of questions are raised about the ability and the confidence to be shown in a manager...hence putting stringent pressures on existing managers and also the budding managers out of B-schools..

** The existing managers are now forced to change their mode of working in order to adapt to the current situation.
Managers of successful companies are at the forefront of job re-engineering.They are operating now with fewer employees and learning the importance of hiring the right talent to survive and thrive.
Economic uncertainty and changing job dynamics focus the spotlight directly on high efficiency and productivity. Lay- off of employees is becoming common,hence the select teams of key employees often work longer hours than ever before to accomplish the equivalent of what used to be multiple jobs. Increased expectations for results demand that managers reexamine and redefine jobs regularly.

Also the scene for the budding managers from B-schools has suffered. As the companies are in financial crunch,they are not very keen in hiring new people...
--- The TIME from B-schools choosing the companies for recruitment,and the students with multiple offers has changed to a TIME of companies choosing B-schools for hiring and students praying for companies to come for recruitment's...

May be it should not be said but the reality of the situation is that " Beggars cant be choosers"

It is often said that *being practical in life is the best policy*, but there are sometimes like present that one should hold "pragmatism" and "optimism" in equal states , coz one needs to believe that there is a bright future ahead and the times will change soon...

"Hard work always pays off , never say die till the old fat lady sings"

***Keep your spirits high in these tough times... after all nothing is permanent.. good times will return***

Ubiquitous Change..

Whenever i sit down analyzing something, i prefer not to be diverted,as in this scenario when time allows to resume that process,i find that the subject is no more in its original form, environment has played its role.....!
The first ray of sunshine itself marks a change(the day has changed) and leads the way.May be the minute hand of a clock is moving circular about a point,but it is causing changes in the society,moving it forward.... !!
The planet we are living on, the society we are a part of, an individual that we are,define DYNAMISM with their ever changing characteristics.!!!!
Being a person i am (never into any kind of writings),having a blog itself is a sign of great change in me.
I sometimes wonder that as everyone is aware of this ever changing world then why is everyone craving for stabilty be it life,markets,economy,relationships?????

It is often said that "The only thing constant in this world is CHANGE", but I , putting forward my view, state that "The only thing changing in this world is TIME, and time triggers every
other dynamism".....
Daily we keep on encountering with so many changes in our surroundings,that we sometime think that -- is life a part of a changing process; or is change a part of life process???


Interacting with the environment around, i will keep on marking my impressions of the dynamical experiences so that one day someone gains from them !!!!!!