Perception is that all controls

The Time may Stop, but the thought process goes on ....



Friday, July 23, 2010

Managing failure ...Manuscript


Former President of India APJ Abdul Kalam at Wharton India Economic forum , Philadelphia , March 22,2008
Question: Could you give an example, from your own experience, of how leaders should manage failure?
Dr.Kalam : “Let me tell you about my experience. In 1973 I became the project director of India’s satellite launch vehicle program, commonly called the SLV-3. Our goal was to put India’s 'Rohini' satellite into orbit by 1980. I was given funds and human resources -- but was told clearly that by 1980 we had to launch the satellite into space. Thousands of people worked together in scientific and technical teams towards that goal.”
“By 1979 -- I think the month was August -- we thought we were ready. As the project director, I went to the control center for the launch. At four minutes before the satellite launch, the computer began to go through the checklist of items that needed to be checked. One minute later, the computer program put the launch on hold; the display showed that some control components were not in order. My experts -- I had four or five of them with me -- told me not to worry; they had done their calculations and there was enough reserve fuel. So I bypassed the computer, switched to manual mode, and launched the rocket. In the first stage, everything worked fine. In the second stage, a problem developed. Instead of the satellite going into orbit, the whole rocket system plunged into the Bay of Bengal. It was a big failure.”
“That day, the chairman of the ISRO, Prof. Satish Dhawan, had called a press conference. The launch was at 7:00 am, and the press conference -- where journalists from around the world were present -- was at 7:45 am at ISRO's satellite launch range in Sriharikota [in Andhra Pradesh in southern India]. Prof. Dhawan, the leader of the organization, conducted the press conference himself. He took responsibility for the failure -- he said that the team had worked very hard, but that it needed more technological support. He assured the media that in another year, the team would definitely succeed...”
Now, I was the project director, and it was my failure, but instead, he took responsibility for the failure as chairman of the organization.
The next year, in July 1980, we tried again to launch the satellite -- and this time we succeeded. The whole nation was jubilant. Again, there was a press conference. Prof. Dhawan called me aside and told me, 'You conduct the press conference today.'
“I learned a very important lesson that day. When failure occurred, the leader of the organization owned that failure. When success came, he gave it to his team. The best management lesson I have learned did not come to me from reading a book; it came from that experience.!”says Dr.Kalam

Thursday, July 22, 2010

Dare To Dream!

Imagine for a moment that you are walking into a huge super-store that sells every possible item under the sun. As you stroll around the aisles, you’ll notice that each item, whether it is big or small, has one thing in common – it has a price tag attached to it.In order to purchase an item from the super-store, you need to do two things:(1) Decide which item you want(2) Be willing and able to pay the price listed on the price tagOne of the most important realizations you can ever have is that ‘Life’ is the ultimate super-store. Each item on offer in the super-store of life is a goal and every goal has an associated price tag that is measured not in dollars but in hours of effort.In order to achieve any goal in life all you have to do is:(1) Decide what goal you want to achieve(2) Be willing and able to pay the price associated with achieving that goalHere’s an example to illustrate how this important concept works in the real world…Ben was interested in taking up a martial art. After exploring the options available to him, he decided that what he really wanted was to obtain a black belt in karate.With his decision made, Ben then looked into determining the ‘price tag’ associated with making his goal a reality. He discovered that if he did two 1.5 hour training sessions each week, it would take him approximately 4 years to achieve his black belt.The ‘price tag’ associated with achieving his goal was therefore 624 hours of effort.Knowing the price associated with achieving his goal, Ben made a full commitment to paying this price in order to make his goal a reality.Today I’d like to encourage you to take a stroll though the super-store of life and make a choice from the endless goals that life has to offer.Once you have made your decision, try and identify the price in hours of effort associated with achieving your goal. You may not always be able to get an exact answer, but you can usually gauge the amount of effort required to achieve most goals.Finally, once you have chosen your goal and identified the associated price tag, commit yourself to paying the price and get started today!You really can have anything you want in life as long as you decide exactly what it is that you want and you are willing to pay the price required to make your goal a reality.Until next time,Dare To Dream!