Category Archives: Uncategorized

#Valentine2018

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14.02.2018

Yes, today…I fell in love…with what I was scared of…that gave me chills and fears…which made me anxious…gave me an andrenaline rush…made my heart beat faster…

Yes, today of all the days on the calendar, I fell in love…

…with MS Excel 😀😁😂

Never I thought I can manage this software but my existing college assignment somehow made me try, and try hard, and harder, till I get it right…which I did.

So yeah, a good day…a Valentine Day to remember…from ExcelPhobia to ExcelPhilia…my learning curve grows steeper…ooohhh aaahhh mmmmm…the more I practice, the deeper will be my love…😀😁😂😃😉😉😉

What I learnt today is that what stops you from progressing is nothing but your own fear–a mental block, the sooner it is eliminated, the better will be the results.

My Excel Love Story…to be continued…

…Ashu Bolar

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Budget 2018…hmmm…

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So the Budget 2018 is out. As always, it was eagerly awaited. For some reason, I was super busy yesterday at work, so I kind of missed watching or reading live updates, but my dear friend Appy – an engineer by profession but an excellent Investment Planner by interest, barraged my phone with Budget messages. I did not check it until later in the evening, and when I did, I just could not stop laughing out loud. Her anger had taken a very different shape and angle – humour and sarcasm on herself plus hilarious comments on the probable future.

I decided to call her; when I spoke with her, oh my…there was anger, anxiety and sadness in her voice to the extent half the time either she sounded stern or tried to choke back tears. Post her MBA from a very reputed academic institute, she has put her heart and soul into investment planning, not just for herself, but she helps her entire friend circle making the right financial and investment decisions.

And the budget says – LTCG on equity 10% tax applicable on above one lakh investments.
Hmmm, no wonder Appy and many like Appy were in tears.

So far from whatever I have read, discussed and understood, the Budget no doubt appears to be good at macroeconomic level. However, at individual micoreconomic level, it looks difficult for any common average salaried middle class Indian citizen. Challenges that I have personally faced are…

  • First of all, it is extremely difficult to get a good job.
  • Second, considering the economic scenario despite you have the best of qualifications and experience and repeatedly proving yourself, to get a great CTC is very difficult as companies talk about economic scenario, possible crisis and proactive solutions.
  • Of the CTC (Cost-to-Company) you get, the limit under 80C section (PPF, Life Insurance, Fixed Deposits, etc.) to invest is only INR 1.5 Lakh – not enough to save for the future when you will be aged, cost of living will be higher, and there still will be many many bills to be paid.
  • Considering investing in other sections – 80CCC, 80CCD, 80D, etc. like Medical Insurance, Medical Bills, National Pension Scheme, Home/Education Loans, etc. – still, there isn’t enough provision for a salaried person to save money.
  • So the best possible safe (or say low risk) way to increase money was Long-term Capital Gains (LTCG) in the form of mutual funds and various other SIPs (Systematic Investment Plans) that so far had no tax on income earned.
  • However, with this Budget, now that gain is a once-upon-a-time-story.
  • Demonetisation and GST (Goods and Service Tax) application had already taken a toll on many, and now implementation of tax on long-term investment gains…hmmm…doesn’t look and feel very good.

So coming back to Appy, she has started exploring other options for profitable Investments.

As for me, I am an Indian who wants to see my country developed – ‘develop’ with an ‘ed’ not ‘ing’.

If the Fiscal Deficit will go down, if the farmers will benefit, if rural India will develop, if health and education will be made available to all, if country will be technological enabled in beneficial ways, and if the tax I pay from my hard earned savings will be utilized without it falling in the trap of corruption, then yes, I support the Budget.

…Ashu Bolar

A Good Job Fit or A Good Organization Fit?

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What will be your choice?

Hmmm…interesting question…was one of the questions in Organizational Behaviour (OB-I Paper), IIMI first semester exam.

There is no book or any article which answers this question. I doubt if any professor can.

The answer keeps changing from person to person, and from time to time.

When it is your first job, well – you need a job, in short you are desperate, so only job matters, fit is never a concern. But post five-year work experience, you may not think the same. You would then desire a good job and a good organization. Now this is again a hypothetical situation, which can only be assumed.

An organization may be small, but a good leader makes a lot of difference. With a clear vision and mission, and employee friendly policies, what a leader thinks is percolated throughout the hierarchy. There will always be a weakling in a team, an overtly ambitious worker, an extremely competitive employee, a gossip monger, a procrastinator – but to ensure all work together and share equal responsibilities, is a leader’s job. Being leader is not enough, one has to be a mentor and a learner. There are times when you as a team lead may be wrong, and that’s when you should have the patience to listen what your team has to say. Their opinions may turn you into a better employee, a better person.

In my opinion a ship sails safely only when it has a good captain, an orchestra is melodious when they have an expert music director, a surgery is a success when the lead surgeon guides the entire team in saving a life.

What is the point of working in a reputed so called largest firm, which makes you wake up with foul mood and end your day cursing your boss?

Any corporate success is indeed a team effort. But the Manager/Boss/Team Lead plays a crucial role. He/she can break it or make it. The attitude, the knowledge, the experience…all counts in making you, modifying you into a good ‘MANager.’

Work, to those who are skilled, is never a difficulty. But people are and can be very difficult, and you cannot work alone in a team. A team lead is that glue which binds each team member and guides them as a whole towards the vision. And this attitude is what can make a job good fit, and such team leads and cooperating team members make an organization, an excellent fit.

I do not know if you have come across a leader and a mentor, but I was lucky that I did meet some seniors, who taught me, and when required, guided me to ensure that I traverse the rough sails smoothly.

Yes, I did have my share of ‘Monstenagers’ as well. But that too was a learning experience. Nature introduces such characters in your life so that you master the art of patience and letting go what is of least significance. Remember, for a monstenager, the current job is his/her world. But for a talented person, there is a world full of opportunities. And, I love exploring! 🙂

Learn till you can, tolerate till you can, do not compromise on your self-worth, self-respect and dignity. Be prepared to move on; there is always something big and something better waiting! When you can fly, then why walk?

So yes, A Good Job Fit or A Good Organization Fit?

What is your choice?

Be wise, make an efficient choice; you know what suits you the best.

Be prepared to fly, as high as possible; just try to be in flock as far as possible.

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…Ashu Bolar