4 Powerful Ways to avoid "Tea Biscuit meetings"

Meetings play very crucial roles for the organization. Meetings sometime can be for general discussion, sometimes for SWOT analysis, sometimes for big decision. Practically many meetings go useless. After being on the receiving end of the complaints of many experienced managers I have decided to coin these useless meeting as “Tea Biscuit meetings”.

 For better understanding let’s divide meetings into two parts.

Infograph : Four Powerful ways to avoid "Tea Biscuit Meetings"

i)   Purpose :

Be sure about the purpose of calling or attending meeting. Sometimes deviating from main topic is good to fill out the boredom and breaking ices but getting too much indulged in out of context topics is just a waste of time and resources.

I was once told that in one of so-called managerial meetings all eight participants talked about their foreign trips and at the end of session they decided to hold the further discussions and postponed the discussion of real agendas.

Does that ring any bell? Do you remember any useless meeting you have attended? Please share the worst “tea biscuit meeting” you have attended in comment box below.

ii)   Impact:

Impact is the result you have devoted your whole preparations for, from the initial phase to the end of meeting. Results can be in various forms; it can be in the form of approvals, finalization of contracts, appointments and appraisals etcetera.

6 Business Lessons I learned from Mother- These might break your School Knowledge

It is said that, “Mother is a first teacher and home is the first school.”

Just by reading the above heading if you are thinking that I am from big Industrial/Trading family then stop thinking. You are wrong. My mother simply has not completed schooling but she is entrepreneur.

Theories might be waste some time, research done and conclusion made by great scholar might fail under some circumstances.

 Whatever you are taught, you have learned from books, movies or heard from some friends or seniors might not be always right.

Here I will mention some of the points along with the reasons and logic of my mother and I expect you to provide your views.

1) Every client is not equal:

Treat fairly to all the clients. If you are in service industry, serve them genuinely and if you are manufacturing industry, provide genuine products. But don’t forget all the clients are not equal. 

Some clients are your friends, caretaker and will be there during your hard times. They will help you during hard times but many will change the vendor. You have to be with those clients during their hard times too

5 Powerful Ways to Take Maximum from your Interns

Hiring interns and getting job done from them is challenging task for any organisation. We can say interns are sound theoretically and new to practical world. Other major characters can be they are keen to work and learn. They are always looking for challenges and to keep good track-record for the future reference.

What I am writing is based on what I have seen and experienced. While working as an intern for the CA firm in New Delhi. In many cases, organization fail to hire appropriate interns. I have seen many firms selecting just in basis of grades and references.

Interns can be just additional cost to your company if you can't use them appropriately.

In this article we will discuss how an organization can take maximum benefits from the interns too.

World Cup 2014 : Three Important lessons your organization should learn

Everyone waited for the world cup intensely. The buzz of world cup was everywhere; every schools, colleges, public transports, public places, media, social networks everywhere. In short let’s say where human has existence there was a buzz.

The countdown of world cup 2014 began from years and finally ended with a whistle.

After some days the final whistle was blown and Germans won the world cup. Some fans were sad, some were happy but this world cup gave us three IMPORTANT lessons that we must ADHERE.

Here I am comparing a football team with your organization. And if your organization has three utmost qualities that good football team has then you can achieve something higher. Every organization which will be able to inherit these three lessons is sure to rise. They can easily accomplish their vision, mission and growth objective.

In this article, please don’t expect me to talk about need of branding, how to market your products, how to win the customer etc. I am completely centered towards your organization and how should you compose it.

Lesson 1 : Your team should be strong in overall

Having only one shining star, in your team doesn’t guarantee success. Those teams which were dependent only in one star player suffered bitter loss. Let’s take Portugal and Brazil for example.

What should you do?

• Create self-motivated and good performing team. Make them understand that leadership is not a title it’s a human quality.
• Train your team and keep them updated.
• Make your employee stable, show them clear picture of growth in your organization.

Lesson 2: Keep the culture of team work

Football is not one man game and so is the organization. It is not one man empire. Look at football team, how they co-ordinate with one ball. Players take their own responsibility sometime assist other to handle their responsibility.

Same should be the case in your organization.

What should you do?

• Plan the organizational target effectively. It should be clear, feasible and optimistic.
• Divide organizational target into departmental and further departmental targets into individual.
• Allocate individual duty along with all the rights required to perform the duty.
• Learn to use the available resources optimally rather than just gathering it.

The reason behind success of German football team is their team spirit. They played a good team-game and achieved the highest of Goal.

Lesson 3: Team achievement is more important

Just look at Messi, winning the golden ball is one of his biggest achievements. But look at his photo, he was not even able to smile. He was focused on team more than in his personal achievement.

If your team is also focused on your organizational goal, all will perform the best. Teach them “none of them are as smart as all of them”

What should you do?

• Promote departmental or group wise bonuses more than the individual one.

• Organize various programs and events continuously. You also can conduct motivational seminars or some other technical sessions which will promote                                                                             team spirit.

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Those three lessons from football can make your organization a happier place to work. After all, employees are the fundamental tool for the company and employees are the first brand which represents your company in market.

Budget 2014 and Tax Implications

Hello,

Surfacely whole India has responded overwhelmingly to new budget. Medias are full of headlines like "prospective budget", "achhe din", "Gujrat Model", "FDI" etc etc ..... There are a lot expectations in implementation side as promised in the budget.

What do you think about the budget? Are good days coming or not? In this article we will concentrate on tax implication.

Here are some major amendments/ changes in Tax regime as per 2014 budget.

Our team has done best to incorporate all the points as far as possible.

Budget 2014 : Some Major Highlights

New Slab Rate

1) For Individuals HUF and Body of Individuals

Up to 2,50,000 - Nil

2,50,001 - 5,00,000 - 10%

5,00,001-10,00,000 - 20%

10,00,000 and above - 30%

2) For Senior Citizens

Up to 3,00,00 -Nil

3,00,001 - 5,00,000 - 10%

5,00,001- 10,00,000 -20%

Above 10,00,000 -30%

3) Senior Citizen age over 80 years

5,00,000 - Nil

5,00,001 - 10,00,000 - 20%

10,00,001 and above - 30%

No Reason For Love

June 25 : From Own Diary

It happened again, again I fell in love. I liked her for no reason and love her for no reason.


There needs no reason 
to like someone and;
to love someone

Everything seems special
her acceptance and denial
the way she beckon you
it seems more special

Although you are far awy,
you can't get rid of her
wait hours to see her online
watch phone hundred times
if there is a single chance
A single, missed call

Love is beautiful,
makes everyone crazy
love is amazing
surprises you a lot may be

When you love
your intelligence fails
I can't find a solution
why I loved?
When I start loving her

Although one sided
I just love her
love her for no reason
no any reason at all

7 Steps to Achieve Your Dream

Want to get going on your goals? This is how.

Chris Widener

“Vision is the spectacular that inspires us to carry out the mundane.” —Chris Widener

Can achievement be broken down into steps? It isn’t always that clean and easy, but those who achieve great things usually go through much of the same process, with many of the items listed below as part of that process. So if you have been struggling with achievement, look through the following. Begin to apply them and you will be on the road to achieving your dream.

KMF: Keep Moving Forward

Some phrases that might cost you job: Never use it in professional context

Hi,

Today there is something very important to share with you all. A real important topic, and I promise it will be lifelong useful to all of us. Many times while speaking we don’t notice that our word/phrases might give negative meaning, although we feel we are being positive. These phrases sometime can cost your loved job too.

Remove these phrases from everyday professional life. It will be best if you can leave your ego along with these phrases down at home when you move to your work.

Do you want this?

No LinkedIn: Missing chance to be connected with millions of professional

When I heard about LinkedIn the idea fascinated me. Get together with millions of professionals, discuss intelligent topic, hire and get hired etc.  Just afterwards the routine changed. Spending hours a day to create good profile, finding match professional and start connecting with them, joining groups ,giving own views and asking others views. 

LinkedIn can be real boon if we know how to use it. Especially for fresher’s it can be portal for referral too. I started asking my school friends, college friends and friends of profession if they are in LinkedIn, some said yes and some said no. Many raised the counter question what is LinkedIn?  

LinkedIn is a social networking site for professionals and companies. It helps you too find the right match i.e., right job for your qualification and qualities. Apart from it, it takes you to the large global market, make you know about various new happenings, researches, innovation and discoveries. There are thousands of HR professionals who might hunt you, if they found you are needed for their companies and also there are companies who will ask you to disclose your LinkedIn profile in their career portals too. 

When I was searching the ways to make my LinkedIn profile fruitful I searched a lot. Read the various article published in LinkedIn by various professionals, followed LinkedIn pulse, followed the ideas of various authors etc. Here are the some tips that I gathered, which can be useful for you too.

Failed : Don't Worry, Many Failed Many Achieved

Failed, don’t worry. Those become fail who do something big. You are the hero and you need to trust yourself. No one knows you better than yourself. Other just doubt, criticize, support, show care in what you show and what you say but who knows the inside dynamic personality. Man becomes great with two things.

1.       Where they see themselves: - It doesn’t matter where you are today but it matters where you see yourself tomorrow.

2.        What are they doing to get their dreams:- Always remember everybody dreams, few participate in race and one become champion. In a layman word, your dream doesn’t matter if you are doing nothing to achieve it.
     In this materialistic world there is no something for nothing. You have to sacrifice something to get something. Everyone dreams of love and success. Dream doesn’t have any value if you don’t go to obtain it. Starting to get your dream is equal to achieving 50%. Just because, starting is difficult. You need to take bold decision, sacrifice some great time and move for your dreams. Don’t listen to others if you feel what you are doing is great. Be crazy, be mad but never ever give up.

Just go to library fetch the books of worlds successful business people, worlds successful politician, worlds successful  social works, books of great motivators, books of various scientist and authors we can find something in very common.

They have failed number of times but they never gave up.(Abraham Lincoln)

They have the high dreams that they always carried with themselves and never let it to be washed away whatever the situation was. (Martin Luther King, jr)

Challenging time, troublesome situation is in everyone’s life. But what we need to focus on what we have rather than what we don’t have. The great people have done this. (Florence Nightingale)

They suffered from poverty, depression and lacking everything that is utmost to live.(Thomas Edison, Steve Jobs)

Look you and I are not only those people who have troubles. Many had, many have but what we need to focus is what we have and what we can achieve. Just focus in your race, be fair player and be regular struggler. We can achieve and then become a legend.
                 Don’t forget, “whatever happens it has great reason to happen.”

Thank you for reading. Please share your views regarding this Hero Article.

Journey To CA Final

It was not the decision of my conscious mind to join CA; neither was it decision of my unconscious mind. It was the decision of my sub-conscious mind.  I was in grade eight when I know a profession called CA. At that time I even didn’t know the full form of CA and today I am in CA final, Waiting to write my name as-CA Dipendra Prasad Poudel.

Deelip karki sir (our accounts as well as optional math’s teacher in grade eight) firstly told me that one can become CA in response to my question “what can I become if I choose accounts?” He said it is highly respected post. I just replied immediately “then I will be CA”. He smiled I don’t know why. Might he have smiled of my immediate unconscious decision or just because he thought a guy who is not so good in academics said he will be CA.

I started searching about this profession and I used to ask to my seniors and relatives then everyone suggested it is tough, you can’t do, some said results are too much low. Indirectly and directly many said Don’t Do.

But there were three great persons who said I should do CA. My father, mother and Thiru Thapa Sir (accounts teacher in grade 9&10), Thiru sir encouraged me a lot. Sometime he used to call me as CA in class too. I used to feel nice.  In grade 9 & 10 I studied hard because I need to be CA.

Why I gave the title of Blog as Sharing My Knowledge?

Our parents have thought a lot before giving us a calling name. Some of our names are derived from history, some of us from ancient mythology and some of us getting named from the celebrity. They gave us the best name possible. And today your name is your own brand.

Now let us come to authors. Unless you have read his/her previous book you won’t chose the new author. You just look the title of the book and if it is fascinating you will chose that(new authors)  book to read. No wonder same is the case in movies. I have watched many movies because of good titles only.

Why I am sharing you all these things? Just because I wanted to make you clarify the significance of giving a good and reasonable title.

Banking Transaction Tax- Is it Feasible In India?

I know topic is not suitable to every type of readers. I know my all blog readers are not directly concerned with Indian tax, but also wait go on reading don’t click next blog. Here is some fantastic fact for you.

Amsterdam has a house with narrow staircase and hooks over big windows. Since property taxes were based on the frontage of houses, so the builder make narrow frontage and so were the staircase. Furniture could not be dragged up narrow staircase. Hence, furniture was lifted through staircase which explains the hooks.

Britain did not have a permanent income tax till 1842. As a source of revenue, there were property taxes and it seemed an eminently good idea to link property taxes with number of windows in a house. The richer the owner, the more the windows the house would possess. England, France, Spain and Scotland had such window taxes

As a result people walled up windows or built the houses with fewer windows. No wonder houses in many part of Britain are dingy and dark. As a principle it is far better to have direct taxes like income taxes.

Now if you are really interested to read about Proposed Banking Transaction Tax you may click the button read more.

BMR Advisors - The first interview of my life. :D

The first thing I would like to say is first thing is always wonderful. Just remember how wonderful it might had been for your parents when you say "maa" for the first time, when you have walked single step for a first time, when you had crawled the single step of ladder for the first time( they might have been  surprise and watched you with loving eyes).

  Doing something whatever it is either good or bad, either productive or unproductive, either social or unsocial it is always wonderful. I remember my first love and whenever I remember I certainly feel wonderful. Yeah, my college friends they know it was a type of one-sided and reading this some of you may totally disagree but it was a real wonderful time.

The Special Day- Today I Am Going To Face The First Interview Of My Life

Today is the one of the most important day of my life. This is the first day I am formally entering to a corporate world. I am not entering as an employee but I am giving first interview of my life.

I want to thank CA Neeraj Arora Sir for his guidance and support. Had I not meet him in orientation class I wouldn't have dreamt this much higher? Sir there is a saying is English “seeker always meets master” and so is in my case. I was seeking something high and something great and in the way I meet you. I came in contact with you as a chela. I am really very thankful for it.

Life doesn't go smoothly. Ups and downs are always in the life, the thing is that how much strong you are. Some take temporary failure as a real failure and throw their dreams and ready to throw their dreams overboard. I failed my exams but I never loosed my courage. Being a CA was my dream which I had taken in grade 8 but now I don’t only want to be CA. I want to be specialized CA in certain field. My inexperience has always created a question mark in which field I should expertise.

One Person Company (OPC)

At first, thanks you very much for reading my blog. In this article I have tried my best to make you inform about the recent hot topic in B-World in India. One Person company has many advantages over the sole proprietorship and many relaxation in government procedure. 

Please provide your valuable feedback after reading article. You can comment as well as mail me in my mail address" mailfordipendra@gmail.com". Your feedback  is always welcomed.

The revolutionary new concept of 'One Person Company' (OPC) has been introduced by the Companies Act, 2013. This concept of OPC was first recommended by the expert committee of Dr. JJ Irani in 2005.

OPC provides a whole new bracket of opportunities for those who look forward to start their own ventures with a structure of organized business. OPC will give the young businessman all benefits of a private limited company which categorically means they will have access to credits, bank loans, limited liability, legal protection for business, access to market etc all in the name of a separate legal entity.

Though the concept of OPC is new in India but it is a very successful form of business in UK and several European countries since a very long time now.

IN MY DEATH BED

WHAT WILL BE THE LAST WORD WHEN YOU ARE LYING TO DIE.

THIS IS A SMALL INCIDENT WITH MY GRAND PA.

I remember what my mom said about the dead of grand pa. At that time it was time for dinner and they (father and mother) were waiting for my grand pa. Grand pa came and said,” I am feeling uncomfortable today, so let’s have dinner outside in the open sky”

Mom brought everything outside and started to have dinner. My grandpa had the habit of eating rice and milk at last while finishing dinner. Grandpa was having food outside and mom went to kitchen and started collecting dishes, dad was washing his hands nearby. Suddenly grand pa fell down in bed, mom noticed it immediately.

Mom hurried outside, called dad and dad came with a glass of water and kept my grand pa in his lap and gave him water.

But nothing happened. Grand pa looked my dad and mom with a smile and then he tried to open his mouth but he was unable to speak. Grandpa eyes were full of tears as he was unable to say his last words.

 He simply looked with tears and left the world forever. Both started crying. All villagers gathered and started funeral procedure. They informed my uncles and aunts and other relatives that my grand pa was no more.

It makes me think how I will die. What will be my last words if I will be able to speak?

Would I have capacity to smile?

Just for today!!!!!

1.    Just for today I will be happy.

2.    Just for today I will try to adjust what is, and not try to adjust everything on my own desires.

3.    Just for today, I will take care of my body. I will try exercising it, caring for it, nourishing it, not abusing it nor neglecting it, so that it will be perfect machine for my bidding.

4.    Just for today I will try to strengthen my mind. I will learn something useful. I will not be a mental loafer. I will read something that requires effort, thought and concentration.

5.    Just for today I will be agreeable. I will look as well as I can, dress as becomingly as possible, talk low, act courteously, be liberal with praise, criticize not at all, nor find the fault with anything and not try to regulate anyone.

6.    Just for today I will try to live for today through this day only, not to tackle my whole problem at once. I can do things for twelve hours that would appall me if I had to keep them up for life time.

7.    Just for today I will have a program. I will write down what I expect to do every hour. I may not follow it exactly, but I will have it. It will eliminate two pests hurrying and indecision.

8.    Just for today I will live quiet half-hour all by myself and relax.

9.    Just for today I will be unafraid, especially I will not be afraid to be happy, to enjoy what is beautiful, to love, and to believe that those I love, love me.

From the book:- How to stop worrying and start living

           courage

            when the things don't go in order

          sometime you feel things don't go in order

for those things, priority were higher 

and worked restlessly to achieve them

certainly something fades away

falling directly from sky

you find nothing in your hands

and waste was all efforts to reap the fruits

don't loose, don't give up

and find the alternate way

stay focused and ambitious as you were

the great thing is to get back,

that you loosed at glance

we loosed it in a blink

we call it as courage

keep the courage,

that you are strongest

nothing is out from range, 

until you have courage

know one thing lord Buddha said

and keep this thing in the mind

no matter, how hard was the past?

you can always start again