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Krishna

Krishna Kumar  |383 Answers  |Ask -

Workplace Expert - Answered on May 25, 2024

Krishna Kumar is the founder and CEO of GoMoTech, a company that provides strategic consulting in B2B sales, performance management and digital transformation.
Before branching out on his own, he worked with companies like Microsoft, Rediff, Flipkart and InMobi.
With over 25 years of experience under his belt, KK is a regular speaker at industry events and academic intuitions, both in India as well as abroad.
KK completed his MBA in marketing from the Sri Sathya Sai Institute of Higher Learning in Andhra Pradesh and his management development programme from XLRI, Jamshedpur.
He has also completed his LLB from Nagpur University and diploma in PR from Bhavan’s College of Management, Nagpur, where he was awarded a gold medal.... more
Amol Question by Amol on Apr 25, 2024Hindi
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Career

Dear Sir, I am working as Branch Manager in cooperative Bank. Due to staff under me are non competent, not self started, motivated and also reluctant to do work without taking follow up I am facing many issues and as a responsible I have to work overtime. What should I do to become good leader?

Ans: Hello Sir

Leadership is about inspiring people to be their best. People don't work as per our expectations but we can inspire them to be their best.

Suggest following

1. Understand strength and weakness of each of your staff.

2. Sit one on one with them and ask them how you can help them given their strength

3. Be patient with them, change doesn't happen in one go...it's not like a on - off switch...it takes time.

4. Be sincerely and genuinely interested in the growth of your team, keep that as your focus and I am sure your team will reciprocate with positive changes.

All the best.
Career

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Anu

Anu Krishna  |1350 Answers  |Ask -

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I saw your helpline and thought of asking for help. I m a sales guy aged 50 and recently joined a company. It is neither a MNC nor a middle sized organisation. Considering the fact that this is new organisation i need to prove my worth. There is tremendous pressure to perform. There is absolutely no support from the company people to send quotations etc which they take their sweet time and they give reasons like Covid -19 etc for the delay and they do not expect us to give reasons for failure. If u look at it from my perspective , I have joined in the month of Feb 2020 wherein March-April and may were locked down months. Just now the business has started signs to improve. Instead of supporting the team they keep on finding little faults which does not motivate but de-motivates me. A colleague before me has already been sacked after 5 months and I am not sure when my turn will come. I feel it may be next month too. I have not tried to reason out with them or they may say I am trying to give reasons for my failure. On top of that I have been reporting to 4 bosses who just write to me as per their whims and fancies. Plz let me know what best I can do to survive this time frame. I am just keeping mum bcoz there are no jobs available in the market and I am doing my best, In fact as this is an automotive industry it takes time to materialise and everywhere is there is a slowdown in business. I would not like to give reasons but still it becomes difficult to survive. Plz advice and help.
Ans: Dear SK, I can only imagine the agony that you are going through and I have been coaching many people on this since the time the lockdown began.

None of us knew what the Pandemic would mean and what it would do to our businesses or work or home. It has managed to create new situations that we have no idea of how to handle.

This has caused a lot of anxiety and strain and we have perhaps begun to imagine the worst.

But what if I tell you that the situation is changing and so will the situation at your office?

Will you be inclined to believe that?

Even the top management is behaving in a wayward manner as this is all new to them; especially working from home for many and not much facetime which I guess as a Sales guy you are used to.

Since the response from the markets are not so good, it is bound to show up as a poor performance on your record, this is a valid concern…but to go into work, everyday keeping this in mind may not be effective even with the smallest of tasks as the anxiety keeps you on the edge not doing much but worrying to save your job.

Also, what happened to your colleague may not happen to you. So why focus all your energies on something that may not happen?

Instead, simply focus on ‘realistic’ targets that are achievable at this time.

Also, since you have joined only early this year, I do feel, it is imperative for you to know really your hierarchy and reporting structure. If there are conflicts at the top and you are bearing the brunt, either you need to roll up your sleeves and ace the politics that possibly others are facing too or simply do what you can.

Step back and observe what is going on and for this, you need to be a little calm to understand the WHY of 4 bosses!

It may all but be an imagined stress and it might just need a bit of a tweak to be in a better rapport with each of them.

Sometimes, what is little, becomes big in the mind as it is cluttered with a lot of if and buts with either lack of information or simply creating stories out of apprehensions and fears.

Please take care of your health and this helps keeping the mind in a better space to deal with what is going on.

Ultimately, tell yourself: “NOTHING IS WORTH STRESSING OVER SO MUCH. Everything falls into place, once I take charge!”

Take charge and take care of your health. Best wishes.

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What happens when a Mutual Fund company shuts down / gets sold off?
Ans: Hello;

If a mutual fund company gets sold or fails, the process is prescribed by SEBI:

In case MF company is Sold,
The new fund house may:
1. Continue the scheme with a new name and management.

2. Merge the scheme with similar funds and offer investors the option to exit without any exit load.

In case MF company shuts down,
The fund house will:
1. Pay out investors based on the fund's last recorded Net Asset Value (NAV) and the number of units the investor holds, after deducting expenses.

2. If the company is not in a position to do so then SEBI may liquidate the funds assets and distribute the proceeds to unit holders.

It is also pertinent to note that mutual fund regulation in India is one of the most stringent and hence best, from investor's point of view, globally.

This is not just in theory. We have seen how the Franklin Templeton abrupt closure of debt funds was handled with surgical precision, by SEBI, with no loss to unitholders.


Skin in the game regulation mandates that 20% salary of key mutual fund personnel and fund managers is paid in terms of units of their funds with a 3 year lock-in.

The stocks and bonds purchased by the AMC for the fund are held by a custodian, appointed by the trust that administers the fund.

The trust engages into a investment management agreement with the AMC for managing the fund as per their mandate and within regulatory guidelines.

Registrar and Transfer Agents handle the investor registration,kyc, maintaining records, providing account and tax statements etc.

Happy Investing;
X: @mars_invest

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Ravi

Ravi Mittal  |450 Answers  |Ask -

Dating, Relationships Expert - Answered on Dec 03, 2024

Asked by Anonymous - Dec 03, 2024Hindi
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Hello, my wife is Ugandan and I’m of English national, 30 years old and she’s 26, we met nearly a year ago and got married in uk with some of her friends and small family. We haven’t done kuchala (not sure if that’s correct spelling) yet and I’m feeling anxious for when the time comes. She said her family will kneel when they greet me and being white this is already stinging my moral (due to history). I also talked about moving in together before the meet the parents happen however she says she’s rather move in after? Currently this could take two years before going to Uganda, how should I proceed without overstepping her cultural beliefs as after all we are married and by my culture we should already be living together
Ans: Dear Anonymous,
It is very nice of you to be so considerate and sensitive while handling these cultural nuances. Let's discuss the kneeling tradition. It's a sign of respect and it's deeply rooted in Ugandan culture. While I understand your point of view, you also have to remember that it can have significant meaning to her and her family. I suggest you politely express your feelings and let her know why it is uncomfortable for you to see her family kneel. When you explain, mention how much her culture means to you as well. I am sure both of you can communicate and come to a compromise that makes you both happy. Just in case, they persist in following the ritual, just look at it as a gesture of love and respect and not submission.

About the moving in together part, in certain parts of the world, couples living together before the traditional wedding is not considered respectful. But since you are already married, you can try explaining to your wife how the living situation does not go against her cultural expectations. But if it is a really big deal for her and her family, consider seeing it from her perspective.

Communication is everything here. Look at every problem as a team; it's not your problem vs her problem. It's both of you vs the problems.

I hope this helps

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Radheshyam

Radheshyam Zanwar  |1088 Answers  |Ask -

MHT-CET, IIT-JEE, NEET-UG Expert - Answered on Dec 03, 2024

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I have received a job offer from Siecorp ,a Singapore based company though my posting would be at my hometown . They have asked me to submit all credentials related to education & job experiences which is quite normal but they have asked the following documents also which they said would help me to arrange through some agent by payment & the same would be reimbursed during first month of employment . Earlier also another overseas company asked for the same & I denied to make payment before having the job in hand . 1. Construction Health and Safety Technician (CHST) – Compulsory 2. OSHA Safety Certificate – Compulsory 3. Safety Trained Supervisor (STS) – Non-Compulsory Kindly advise whether these certificates are really required to be submitted to join any foreign company or any sort of cheating business regards,
Ans: Hello Bipradas.
From your query, it is clear that you have offered by job by a Singapore-based company and they are giving you a posting in your home town. You did not mention anything about the work culture of the company. It simply indicates that you are supposed to work from home which is always related to computers. I think there is no harm in producing the required documents through an agent if they are offering you a handsome salary. The requirement for documents differs from company to company. There is no harm in submitting the mentioned documents. If have fear in your mind, then please go through the profile of the company in detail before submitting the documents. There are many ways to check the authenticity of the company. There are some chances of cheating, but everybody is not indulged in the same category. But take the steps with utmost precaution.

If satisfied, please like and follow me.
If dissatisfied with the reply, please ask again without hesitation.
Thanks.

Radheshyam

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