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Newsletter

23 Nov 2002

*****************************************************************

Five ways to *not* get promoted!

*****************************************************************

Dear friends:

"Hi ho, hi ho, it's off to work I go;
>From 10-6 it's misery;
Hi ho, hi ho."

Time Management has a lot more to do with "investing" our time
wisely rather than just "spending it". Many MTs are not getting the
returns from their time that they desire because they are not
investing their time effectively, keeping them from getting
promoted and advancing beyond where they are, more rapidly. They
view their job as just that, a "job", where they exchange their
time for money rather than viewing it as a "position", a platform
and a springboard to even greater success.

I have met many MTs who lament that they are stuck where they are
at and are not getting the advancement they desire thinking that
external forces are keeping them from moving up the ladder. In some
cases, this is true. In most cases, it is not. A lot of why we do
not get what we want in life is because of what we are and are not
doing. Time Management, you see, is not doing the "wrong" things
quicker. That just gets us nowhere faster. Time Management is
really about doing the "right" things.

And so, here are the five surefire ways to "not" get promoted.

1. Don't plan your day.

Go to work each day without a plan in mind. "MTs don't plan to
fail but many fail to plan". Respond to whatever comes at you, the
loudest voice demanding your attention. You will work "hard" but
maybe not "smart".

2. Do the minimum.

Many MTs have the attitude "they don't pay me for that". They do
what is required of them to cover themselves and fail to recognize
that in order to qualify for a raise, we have do more now than what
we are already being paid to do. Like a wood burning stove, many
stand at the cold stove and demand its heat without recognizing
that you have to put the wood in first, start the flame, and wait a
while for heat to radiate.

3. Rely on your current base of knowledge.

Half of what we know today, we did not know fifteen years ago. The
amount of information has doubled in the last fifteen years and it
is said to be doubling every eighteen months hereafter. The world,
our companies, and our jobs are changing whether we are along for
the ride or not. It has been reported that within five years, 60%
of us will be doing jobs that are not even in existence today.
Statistically, if we continue to do what we do, the same way,
within five years, most of us will be obsolete, the world will pass
us by.

4. Voice your complaints.

Every MT has something to complain about. The pay, the hours, the
location, the facility, your QA, your co-workers, the dictators,
etc. Since we can never be sure whether those around us are aware
of our particular discontent, be vocal about what you don't like.
It will keep you and them from doing what really needs to be done
and it will send out a message to the "powers that be" that maybe,
just maybe, you won't be here in a few months, so why should they
give you any more money or any more responsibility? And you may not
mean anything by the complaining but it does have a tendency to
send out a negative message about your commitment to the
organization and call into question whether or not you will be here
in a few months.

5. Don't share the credit.

When something goes right, put your name on the top of the list of
those who made it happen. Don't acknowledge others' contributions.
If something doesn't work out well, point the finger to someone
else. "Victory has a thousand fathers. Failure is an orphan".

We invite our members to discuss HRD issues at the forum:
www.mtindia.org/Forum/default.cfm

Or at our moderated discussion list:
www.mtindia.org/mtdigest/default.htm

Cheers!!!

Maj (Dr.) Amit Chatterjee, SM
Strategist / Founder ~ mailto:amit@...
MT India ~ www.MTIndia.org
"The Community of MT Professionals"

"It takes years to become an overnight success."

*****************************************************************
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-----------------------------
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-----------------------------

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Contact: sundar@...
Phone: 080-2351872

------------------------------
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------------------------------

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www.focusmt.com

*****************************************************************
NEWS AND VIEWS :
-----------------------------

1) BPO market still in infancy, says Unctad

The Business Process Outsourcing (BPO) market in India is still in
its infancy despite recent efforts to capture a greater share of
the world market, according to the United Nations Conference on
Trade and Development (Unctad) report on E-commerce and
Development, 2002.

While the industry was projected to grow from about $300 billion to
close to $1 trillion by 2007, the report says that Indian players
should caution against excessive dependance on a single market (the
US) and reduced margins once newer market entrants like China and
Philippines join in the fray.

The report also points out that while India is building heavily on
its already well-established software and IT-enabled service
industries, the initial phase of such services was dominated by
customer call centres and transaction intensive services like
back-office operations, data processing, medical transcription,
content development and administration that form the lower end of
the value chain.

"Indian companies are planning to improve the quality of their BPO
services by applying a new business framework created by Carnegie
Mellon University" the report says, lauding the reputation of
Indian players in the global BPO market.

http://in.biz.yahoo.com/021118/26/1xxh5.html

2) IT company providing self-employment dupes 400

Those who want to work and earn from home, beware! It is not as
simple as it sounds. Companies advertising data conversion, content
creation, medical and legal transcription in 'risk-free'
self-employment schemes that fetch incredible incomes, might just
leave you on the losing side, big time. Those with PCs at home -
housewives, retired persons or retrenched IT workers - are easily
lured by the advertisements.

It pays to be careful, for often, the revenue streams get choked
swiftly or you end up burning your fingers. Di-Logic Data Labs,
'the complete IT-enabled services lab' as they call themselves, is
a company that has duped over 400 people in Bangalore and fleeced
crores of rupees.

Di-Logic claims it is a 'direct agency' of Home Source
International Inc., of the US and Hayton International of Singapore
through Dolphin Technologies, Chennai.

http://timesofindia.indiatimes.com/cms.dll/xml/comp/articleshow?art
id=28904176&sType=1

3) Dec date for Wipro, IBM

Software and information technology enabled services (ITES) majors
Wipro and IBM will begin their much-awaited operations in Kolkata
in December.

According to state IT department officials, Wipro will generate
jobs for 2,500 software engineers, while IBM will offer employment
to 200 people in addition to 400 jobs already created at the
Pricewaterhouse Coopers complex at Salt Lake.

In the wake of the McKinsey recommendations, the state government
will declare its new IT policy on the occasion. The policy would
assure the security of data processing and transactions in a bid to
address the concerns of multinationals engaged in ITES sectors such
as medical transcription, insurance claims or payroll processing,
revenue accounting and international call centres.

"Companies are worried after their Chinese experience where they
faced data as well as software piracy," said an official of the
state information department. The new policy will relax rules
further, allowing IT companies to set up units in residential areas
and exempting them from pollution control clearances and other
related regulations. Development of English skills, including
spoken English as extracurricular or additional courses in Bengali
medium colleges, is also on the cards.

http://timesofindia.indiatimes.com/cms.dll/xml/comp/articleshow?art
id=27105274&sType=1

4) Innosoft plans to fully own Garapati Tele

INNOSOFT Technologies Ltd, the Hyderabad-based software solutions
provider, is set to consider a proposal to acquire 100 per cent
equity of Garapati Telefims Ltd, a subsidiary of the company
focussed on developing software for the entertainment industry.

From an injection moulded plastic manufacturing company based out
of Hyderabad, the company diversified into IT solutions and medical
transcription business in 1998. Its plastic manufacturing unit has
recently bagged a major order of Rs 4 crore for contract
manufacturing from Tupperware.

http://in.biz.yahoo.com/021117/17/1xwb3.html

5) India's Florence Nightingales look west

Indian healthcare professionals have discovered a new goldmine -
trained English-speaking nurses. With an estimated shortfall of
20,000 nurses annually in the UK and two lakh in the US, their
demand has gone up. And, healthcare majors like Apollo Hospitals
and Escorts Heart Institute have jumped into the fray.

Medical outsourcing: The big bucks lie here. "Due to lower costs
and IT knowhow, India will be the main centre for storing medical
records of patients in the West," says Mehrotra.

http://timesofindia.indiatimes.com/cms.dll/xml/comp/articleshow?art
id=28498132

6) Jobs @ India, Inc.

After three years of hiring freezes, scared employees facing the
axe and staff downsizing, India Inc is back on the recruitment
trail. High-growth industries ranging from information technology,
IT-enabled services, telecom, retailing, insurance, consumer
electronics and event management are opening up the floodgates to
new recruits.

Leading the pack is the IT-enabled sector, which has bounced back
after initial worries about losing US business following September
11.

According to Nasscom, as many as 50,000 new jobs are now expected
to be on offer by March 2003 in this fledgling industry that
embraces calls centres, medical transcription and business process
outsourcing.

Since April, as many as 22,000 people have been hired. The good
news is that you needn't worry if you've missed the bus this year.
In 2003-4, another 55,000 jobs will be up for grabs. "The days of
mad salary increases are over. The markets have become saner and
salary increases in the industry are not more than 10 per cent to
12 per cent annually."

http://indiabroad.rediff.com/money/2002/nov/02bizsp.htm

++++++++++++++++++++++++++++++++++++++

P. S. Would you like to share this newsletter with your friends
or post it on your site? Please do! But also be sure to read
below:

All original contents of this newsletter is copyright 2002
Mediweb Infotech Pvt. Ltd. All cited articles are copyright of
their authors and/or respective publications. Please feel free to
share this newsletter with your friends or post it on your site
as long as it is left intact with all links unchanged and this
notice.

Thank you for your interest in MT India!

The MTIndia Team
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Sat Nov 23, 2002 10:37 am

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