Sunday, October 18, 2009

The Rs. 100 crore Garbage



A great man had once said - Opinions are like assholes. Everybody's got one.

Indians have liked Jaws, Titanic and National Treasure and no one has questioned the logic behind the story for any of the scenes. But when a desi director does international quality work, everyone sits up and puts in their two bits of opinion. Here goes my 2 cents too - True blue style !

Exotic locales, world class bike races, mesmerizing underwater scenes, stunning Lara Dutta, visual treats all around, beautiful Bahamas, exhilarating action sequences, gorgeous bikinis...everything pushed the ooomph meter to unprecedented levels. Its a Roller coaster ride, high on adrenaline, with Lara Dutta leaving the viewers asking and gasping for more, and much more.

Back to Reality.

Sanjay Dutt is a sea diver, when he should be farting his way up in the sky like a hot balloon. Zayed Khan, who cannot act for nuts, should not even be admitted to the sets for free. I wish the director had used his pay to bring in more sharks to add some thrill to an otherwise expensive 100 crore trash which feels like watching National Geographic on a Monday night with stand up comedians instead of predator sharks.

Inane direction, bad dialogues, hilarious expressions are all that I can think of. Sharks swim peacefully around, and make you think if they are actually vegetarian. A coveted treasure in the middle of the ocean, whose exact route Sanjay Dutt manages to remember light years later. Non existent script, ridiculous dialogues and lack luster music, the movie started in stle and ended up blowing everybody's mind. Yes. Mindblowing Garbage.

Finally, the movie runs around in circles and ends up ridiculously narrating stories about dead family members and to-be girlfriends turning out to be the wife of a best friend. Not to talk about the accent though, Kylie Minogue would have had a better shot in speaking Hindi than Kats.

Flashy exterior. Garbage inside.
You might want to buy something for your someone special, or might as well as donate money to charity..but watch this at your own risk.

Thursday, October 15, 2009

Role of HR in M&A’s

An article which I submitted for an event at XLRI.

Investment bankers have a narrower training, and are rewarded for making deals; human issues tend to get lost or overlooked.

Before, during, and after the merger, HR may be responsible for assuring that cultural issues do not derail integration; for increasing innovation; for keeping communication going in all directions (upwards, downwards, across departments, across organizations); and for lessening the impact on those who are “survivors”.

In pre-acquisition phase things that need to be taken care of:

  • An assessment of the cultural and organizational differences, which will include the organizational cultures, role of leaders in the organization, life cycle of the organization, and the management styles.
  • To ensure that both organizations have a strategy mapped out in advance. Once the merger starts taking place, people will often be too busy to keep a strategic perspective.
  • Communications to employees and customers as to where layoffs will take place (if any do), and how the cultures should be merged.

During the merger, HR plays an important role in:

  • Communication – As people look inwards to try to find their place in the merged company and attempt to see their future in it – or outside it – productivity drops. Consistent and honest communication from the HR is very essential.
  • Power and Conflicts – HR can help bring out conflicts to the surface and deal with power issues honestly. Employees often get wrapped up in turf wars which are destructive to both sides, rather than trying to figure out roles for both sides and have a win-win situation.
  • Culture – HR may need to raise the issue of culture – how people work, how they think, what they value, and how they view the other organization. These issues must be addressed up front.
  • Operations – In many mergers and takeovers, power relationships determine operational changes, rather than actual efficiencies or quality concerns. By making changes with facilitated cross-platform teams, HR can help to ensure that the best of the two organizations are preserved.

Post-acquisition, HR would have the following critical roles:

  • Power equations between management and trade unions (if any) needs to be dealt with utmost care. These are the issues which are very brittle.
  • Designations for the employees
  • Compensation structure and performance appraisal systems

HR no longer plays a dormant role and is emerging as a strategic business partner where key initiatives undertaken such as communication, training, counseling, career planning, support workshops, building trust, coaching and compensation planning, have significant business impact.

Thursday, October 8, 2009

Conversations


'Why me?', I ask God, 'Why me?'
'You're the chosen one', he says, 'You've got to be.'
'But God, I'm good for nothing, do not test my soul',
'You're wrong son, you are a star trapped in a black hole'.