Friday, October 5, 2007
PAL IS PUZZLED...ARE YOU ALSO(CASE-1) ??GM vs UAW
PAL IS PUZZLED.....WHY? WHY? WHY???????????
GM have no dearth of resources!
Gm have a Big HRD Department full of management experts and what- not experts.
US have a lot of top Business and Management Schools of the world .
US have lot of Management Gurus and best-sellar writers on EXELLENCE,CONFLICT MANAGEMENT,WIN-WIN TECHNIQUES,SUCCESSFUL NEGOTIATIONS and what-not
Then...why??
ARE YOU ALSO PUZZLED... WHY??
Critic:What do you think?
Pal:*UAW should help GM to increase its ROI and
*GM should fulfill its obligations of job security and health to UAW .
Critic: Easier said than done. Do you know that GM have big Financial Planning Models.
Pal: There is No Finance in Financial Planning Models.
Critic: Who...who says so??
Pal: Stewart C. Myers and Richard A. Brealey and PRINCIPLES OF CORPORATE FINANCE.
Critic: What....what do you mean? GM does not need any Financial Planning Model.
Pal:Gm needs good Finance Manager's ANALYTICAL Financial Planning Models , but not Accountant's Financial Planning Models.
Puzzled Critic: What....what....what...what.......????
The solution lies in SIMPLE THINKING, whereas
Corporates are accustomed to Three-dimentional or Hyperbolic Thinkings.
SIMPLE THINKING gives us a two points solution :
*GM needs incremental increase in ROI to fulfill its job security and health obligations to UAW.
*GM and UAW need a good HRME friend to waive thier three magic-sticks( Man-Material-Energy) WISELY, to avoid strike and to save the $ 8 Billion per month loss to GM.
PAL's TWO POINTS SOLUTION
(1) INCREMENTAL INCREASE IN ROI
* A DOLKIBICO (Director of a Little Known Indian Business Intelligence Company) claims that they are capable of delivering Incremental Increase in ROI for GM.
A summary of chatting
Pal: US is full of IT giants . What is so special about you that GM should come to you?
DOLKIBICO: One of the largest international US Bank, having advanced IT Department, evaluated market leaders and top BI Tools & Software companies and selected us . We delivered more than 33% cost reduction in their project planning.The bank is now our permanent customer.
Pal:How many months or years you require to delivsr ?
DOLKIBICO: We deliver in days ,not in months or years. For one of the largest Oil & Energy Company of the world, our team of two resources delivered in 180 DAYS what the traditional team of ten resources could not deliver in THREE YEARS.
Pal (laugh) :So our little David can deliver what IT Goliaths can't !
DOLKIBICO : Elementary my dear Watson ! We have the expertise.
Pal: Now I am really PUZZLED.
(2) A GOOD HRME FRIEND :
*THE 7Fs Of HRMD ( THE SEVEN FUNDAMENTALS OF HUMAN RESOURCE MANAGEMENT AND DEVELOPMENT ) claim that they are capable of delivering HRM solution to GM enabling them to waive their magic-sticks (Man- Material -Energy ) WISELY.
A summary of the chatting:
Critic:US is full of the best management schools producing top class MBAs.
Pal :The management schools and their MBAs are very good in conducting management games but are afraid to tackle real life prblems.
Critic :Large corporations hire these MBAs on top salaries and they are successful .How do you explain this ??
Pal : Large corporations have vast resources and well maintained management practices. No doubt the MBAs are the top intelligent brains because Management Schools' screening & admission tests ensure the same .The MBAs enjoy and just maintain the good practices ,but fail in challanges and change management when the corporation faces troubles and cut-throat competition.
Ctitic :In US , there is no dearth of Anglo-Saxon and Japanese HRD which are full of large voluminous literature. How your this 7Fs Of HRMD , just sixteen pages , is going to help GM and UAW ?
Pal : Large voluminous HRMD books are very good for class-room and board-room discussions.
HRMD decisions are easy to discuss but very difficult to implement.
Critic : Why do you think that Indian HRD will succeed where Anglo-Saxon and Japanese HRD have failed?
Pal :Anglo-Saxon HRMD works where laws favour owners and stakeholders and hire-fire policy.Indian HRMD works where laws favour workers and job security policy . Indian HRMD has to work under most adverse and demanding conditions.
Critic : Any proof ?
Pal : Some large Indian organisations like Indian Railways , India Posts , TISCO , Mittal Steel , Taj Group Of Hotels , Christian Medical College -Vellore , etc prove positive on 7Fs Of HMRD.
Critic : What d'you call such an investment ? A BLOGGER'S INVESTMENT !
Pal : Accountants call it `SUNK COSTS INVESTMENT '. Financial Managers call it `INTANGIBLE ASSETS INVESTMENT '. I do not know under which category you fall.
Critic : What are the man , material and energy magic-sticks for GM and UAW .
Pal looked thoughtfully at the Critic.
Critic is one of the most beautiful women of the world .
Pal : You have a very beautiful body . But to make any improvement , the doctor needs to know your body just like his body .
Critic : Nonsense ! Incompetent ! Irrelevant ! What is the relevance of this statement ?
Pal : Elementary my dear Watson ! Before discussing the magic-sticks ,the HRME friend needs to know GM and UAW just like his own body .
Mischievous Critic : You..... You and your HRME friend do not know anything about my body .
Mischievous Pal : We would very much like to know .
PUZZLED CRITIC : What...what...what...what.......??????
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