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Monday, October 09, 2006

How to create good work habits

1. Avinash religiously maintains a list of tasks to be done and sticks to it, updating the leftovers in the next day's list.

2. To handle the stress, he meditates for 15 minutes in the morning and 15 minutes after coming back from work.

3. He replies to e-mails immediately after reading them. This habit, he says was the hardest to develop, but is extremely rewarding. It saves him time; he does not have to go through the e-mail again, which he would have had to do if he replied later. It also reduces the clutter in his inbox -- and his mind. 

4. Avinash does not carry work home, though he is always tempted to do so. This has helped him maintain the much-needed balance between work and life.

Here is a step-by-step process that will help you create powerful professional habits. This, in turn, will take you to the next level of success in your career.

Step 1: Gain clarity about your goals

Unless you are clear about the result you want, you will not be able to decide which habits to develop. Apparently, when George Bernard Shaw was trying to make it as a writer, he realised he was not doing a very important thing -- he was not writing every day. He decided to write five pages every single day, no matter how uninspired he was. This is an example of someone who created a habit with a very clear purpose in mind.

You need to decide the result you want to achieve.

Step 2: Decide habits you want to develop

Which habits are most useful in helping you reach your goal?

If you want to be a manager or an administrator, it is critical that you have excellent time management skills. Maybe, you need to develop a habit of religiously writing down your tasks for the day every single morning.

If you want to be successful at an exam like CAT or GMAT and math is a problem area, you might want to develop the habit of doing at least 10 math problems every day.

If you want to achieve excellence in technology, you might want to develop the habit of reading at least one article from a technical journal every day.

If you are setting goals for yourself, you might want to develop the habit of revisiting your goals every day and planning a daily action list based on those goals.

Developing conscious habits in any sphere of life is extremely rewarding. Here are a few examples of some good work habits you can develop.

1. Replying to e-mails within a specified time of receiving them.

2. Planning for delays and being punctual.

3. Having an organised hard disk or file folders.

4. Writing a journal -- 'What did I learn today?'

5. Creating half-an-hour of 'quiet time', when you learn something new related to your job everyday.

6. Reading an inspirational quote or article everyday.

7. Daily meditation/ exercise for stress relief.

8. Spending some time on a passion/ hobby to recharge yourself.

Now, I want you to brainstorm and come up with 12 power habits you want to develop. Twelve, because we are going to make a yearly plan.

Step 3: Prioritise according to urgency

Take a long, hard look at the list of power habits you want to develop. Rank it in order of urgency -- which of these habits do you need to start working on right away?

Step 4: Habit of the month

We are not going to work on more than one habit per month. If you try to develop six habits in a month, you will probably find it too hard and give up (though this would depend upon your level of self-discipline). So, let us not set ourselves up to fail. Let us set ourselves up to succeed.

Starting today, for the next one month -- you must, every single day, practise the habit you have listed as most important. You have to do this for a month ie 31 days. If you break the habit on any particular day, you have to start over and do it again for 31 days.

After you have successfully completed your first habit, you can move on to habit number 2. When you do this, you will notice the first habit you worked on has already become part of your nature; you don't need to make an effort to sustain it.

If, after continuing a habit for 31 days, you may find you have a rational reason not to continue with it. That is okay. You can quit after you have followed a habit continuously for 31 days (and, if you trust me, you won't). However, you must not quit a habit within 31 days of beginning to practise it.

In one year, you would thus have developed 12 powerful new habits, which would probably stay with you for a lifetime. In the course of time, these habits will effortlessly help you achieve the results you most desire.

Think of the alternative. These 12 months would pass anyway. But, if you adopt this programme to inculcate habits that support your goals, you will be able to move closer to them and feel a greater level of fulfilment and joy -- which is a natural side-effect of self discipline.

do you think a textile unit having 670cumtr/d discahrge will spend so much in maintaining an ETP

Gobar Required

Discharge

900000

Liter/day

900

cum/day

Gobar

90

kgs

DAP reqd

Discharge

900000

liter/day

inlet BOD

540

ppm

outlet BOD

37.8

ppm

BOD removed

502.2

ppm

BOD load

451.98

kg/day

Phosphorous reqd

4.5198

kg /day

DAP required

19.23319

kg/day

Dissolve

19.23319

kg

DAP in a

1000

liter tank and set the metering pump % stroke to

41.66667

ltr/hour

UREA REQD

Nitrogen reqd

22.599

kg/day

Nitrogen in DAP

4.077437

Kgs/day

Actual nitrogen to be added

18.52156

kg/day

UREA REQD

39.74584

kg/day

Total cost of operation of the plant comprising of all four segments is as under;

Sl.No.

Description

Consumption /day

Rate

(Rs.)

Amount (Rs)

Remarks

01.

Power

469 Units

4.50

2112.00

Detail of Power consumed is mentioned in another sheet in table no 8

02.

Chemicals

     
 

a) Urea

40 Kgs.

5.00

200.0

 
 

b) DAP

20 kgs.

10.00

200.00

 

03.

Man Power

5 Persons

-

583.00

Average

04.

Repair & Maint.

Lumpsum

-

500.00

Estimated Rs 15,000 P.M. (Appr)

 

TOTAL

   

3595.00

 

Estimated cost per month : Rs. 1,07,850/=

Estimated cost per annum : Rs. 12 Lacs.

Thursday, October 05, 2006

A venture capitalist's wishlist

From 1992 to 2000, Srini Raju was the Chief Operating Officer of Satyam Computers. He was the first CEO of Cognizant Technology Solutions. In 2000, he turned Venture Capitalist and founded iLabs Capital to help start new ventures. iLabs now funds 13 companies. He is also one of the founding members of the International Institute of Information Technology (IIIT).

What does he look for in a venture?

"I will look for two things," says Raju. "One is the quality of the team. Second is the business plan. My question to an entrepreneur will be -- are you looking to be one among many or unique? If someone comes to me without doing proper homework on competitors, I won't even look at the person. When someone comes with an idea, I ask -- are you the first one, the second or the hundredth? Most of the time, they don't know."

Advice to budding entrepreneurs

1. "First," says Raju, "I will tell them to go and work with another start-up company. All my life, I have struggled working at start-up companies. I never worked with big names; we created brands later on. It is very tough because you always have to identify yourself. We had to sell ourselves because we didn't have brands. My brand was my idea. So, budding entrepreneurs should first work at a start-up company � one where the management is good.

2. The next thing is to identify whom you want to start the company with. Don't ever start one all alone. You should have a minimum of three and a maximum of five buddies, because it is very difficult to get good talent. When big companies find it difficult, how can a start-up attract good people?

3. Many businesses are very local today. Look at Reliance -- everything is local for them, and they are doing big business. So, people now know that you can build big businesses by looking at local markets alone. Investors are also okay with that outlook. You don't have to have an international market to succeed. We look at the global market only in the case of services."

The booming areas

"Opportunities today are plenty," says Raju. "You have to decide where you want to play the game." His recommendations:

1. "Infrastructure is a booming area. Housing is awfully short in India, so we have to build houses for millions of people. Housing will continue to be a big area for some time.

2. Retail and distribution are booming.

3. I would call media and entertainment the most exciting sector. What was India-centric will go global, like Hollywood has.

4. The Life Sciences space is very interesting; both in terms of medical care and medicine."