Tag: change


You have talked a lot on Change – managing change, change yourself, change in the organization, change in people behavior, change in culture, and what not ….

People react to Change. You should help organization to understand such reactions. Each of reactions is,

Denial – A sense of disbelief or refusal to accept change.
Anger – When people start to accept change, denial turns into resentment or fear.
Bargaining – A turning point for acceptance of change. People start to test and explore, for either resolve or put off.
Depression – People are become more aware of reality of situation; and any losses associated with the change. They feel depressed.
Acceptance – a resigned attitude towards the change and a willingness to get on with it.

You will have to follow the process for implementing desired changes.

Denial – You have to convince the organization that people need time to adjust.

Discuss the change proposal with staff.

Give them the necessare information and support.

Help them to understand the implications of what’s happening…

Continue Reading >>

Banking is undergoing a change

There is a shift from huge branch network-dominated players to smart Internet or mobile platform-driven banking networks. The change is set to gather speed with the digital initiatives set in motion by the Government and the upsurge of start-ups. These start-ups will compete with banks’ digital initiatives for personal finance to capture the growing customer needs.

Amazon, one of the world’s largest e-retailers, has picked up stake in the Rs.375-crore funding round in online financial market place BankBazaar, a move that highlights the growing investor interest in this segment.

Surge in investments

Personal finance space is seeing a large chunk of entrepreneur interest for quite some time now. Very recently, Apnapaisa.com was acquired by Andromeda and RupeePower.com by Snapdeal. Policybazaar has raised $40 million in April this year.

Other players such as LoanStreet.in, a Mumbai-based loan disbursal platform, Scripbox and Money Wizards are riding high, as they find this market lucrative and filled with huge opportunities. Further, Snapdeal had signed an agreement with Small Industries Development Bank of India (SIDBI). “This is going to economise an entirely untapped population for consumption of services and products,” says Vineet Jain, Co-Founder and CEO, LoanStreet.in, a one-year-old start-up. There have been a surge in investments in this space and a lot of portals have raised venture capital, says Mr. Naresh Daga, CEO, Apnapaisa.com

Online Lending portals are right now divided into two categories

Alternate lending players such as Lending Kart, Faircent, NeoGrowth, etc.
Market places such as BankBazaar.com and LoanStreet.in. and RupeePower

Major disruption in loan market…

Continue Reading >>

Are you ready to unlearn?

The teacher will appear when the student is ready to learn.

Regardless of your industry or geography, the world around you is changing more and more quickly. Whether it be the rise and fall of Blockbuster video, or Apple’s passing Blackberry as the number one mobile tech brand, you don’t have to look far to see that nothing remains as constant as change. Gone are the days of “buy and hold” investments. The challenge of today’s managers is to lead a culture that is innovative and change-ready.

Organizations embedding a coaching culture foster superior engagement and performance. It is not guaranteed that everyone can be coached to change or adapt to their organization’s changing needs/objectives. Sometimes a manager and colleagues can see the need for a team member to change/adapt, however that person remains unconvinced.

Determine your coach readiness

It’s not easy for you to change habits or behaviors unless you choose to.
You should have a reason to change.
You may not like to “be changed” by others, but…

Continue Reading >>


Change is not easy for most people.
At the same time, change is inevitable.

Maybe it’s a new boss that you weren’t expecting
a new job or career
your industry is going away or your company is closing
your skills are not needed anymore.

Is your career changing in any of these situations?
Majority of people in the workforce today are facing this question.
Companies thrive on change, and most change very quickly.

And, you have to adapt moving on with it.

You have to manage your change. You have to go with it. You cannot sit and hope that you can ride it out. Do something…

Continue Reading >>

Managing Change In Your Career

Sam was feeling uncertain and confused. He came to talk to me.

Past couple of years, few changes occurred in Sam’s career.

There are other people experiencing the same challenges like Sam.

His job responsibilities have changed. Some of job responsibilities have been outsourced. Real things that have happened to real people.

It’s not what happens to you in life that counts, but what you do once something happens. You can act or retreat … …

Continue Reading >>