CHECK-POINTS FOR A STABLE ORGANISATION - The Chanukya's way

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CHECK-POINTS FOR A STABLE ORGANISATION

 

- Radhakrishnan Pillai

 

 

 

Every one aims for the growth of their organisation: Getting more projects and

sales orders, increasing turnovers and employing more people are always the top

priorities of business heads.

 

But, before we all begin to take the big leaps, we have to make sure that our

grounding is strong and that we are stable within ourselves.

 

Chanakya says,

 

" The policy, following which he were to see neither the advancement nor the

decline of his own undertakings, constitutes stable condition " (7.1.28)

 

What has been achieved should not be lost. Even companies are now realising

that, as they march ahead, their support system should be in place to conquer

bigger markets. That's because it's important to keep your house in shape before

you invite guests or alliances.

 

1. FINANCIAL STABILITY

 

Ensure that the cash flow into the organisation is regular and long term.

Outstandings have to be reduced. Collections from customers should be in time. A

good banking and accounting system should be in place. Monitor finance reports

regularly to keep an eye on these.

 

2. PEOPLE STABILITY

 

A company may be getting more orders, but what's the use if existing employees

are shifting jobs? Stability of people has to be ensured. It's a major challenge

to all HR heads that, before they recruit new people, their existing ones should

not leave. It's a case of ensuring that the bucket you are filling with water

has on hole in the bottom.

 

3. LEARNING STABILITY

 

It's a world of knowledge- workers now. It's important to maintain a steady

search for knowledge. Continuous innovation and upgrading to latest changes is

the secret of success of all great companies. The decline starts when one thinks

he knows it all. Learn from others and your own experiences.

 

4. VISION STABILITY

 

To fulfill the above requirements, a stable vision is very important. Before

anyone starts an organisation, it's important to have a clear vision and a

mission. If the company's sole motive is only to earn profits, the future is

going to be dark. It is also important to impart the vision of the leader to

every single employee to inspire them to work. Only when the `inspiration' is

maintained will the organisation grow.

 

You have to always remember to think long-term instead of short-term. Our Indian

scriptures use two words to indicate this. Shreyas – the path of the good, which

is initially difficult but a winner at the end. Preyas – the path of the wrong,

which initially seems comforting but ruins us in the future. So just take a deep

breath, choose the right path and keep walking…