Lessons in corporate reincarnation

Lessons in corporate reincarnation

Statesman News Service
ROURKELA, Feb. 24. — “Whatever you do, put your soul in it, else you will fail,” exhorted Moid Sidiqui, managing director of Intellects Biz, while delivering the keynote address at the inaugural function of the 15th national seminar on Corporate Reincarnation and Reaching New Horizons.
Speaking extensively on the topic through a power point presentation, Mr Sidiqui felt that corporate reincarnation was the only feasible solution for most of the corporate problems facing today, and this must be done with a soul.
Citing some of the biggest corporate failures in the history, the eminent consultant bared some startling facts. “Over 50 per cent of the Fortune-500 companies of the 70s’ had vanished in the 80s’ and by the close of the century, this configuration changed dramatically and today we even do not know these companies.”
“Any new management initiatives are viewed as another fine programme (AFP) as people have started to lose faith in business initiatives,” he added. Mr Sidiqui viewed this as nothing but heartlessness in the execution of the whole programme. “If you are not bothered about the human aspect, you will fail.” Citing example from the Mahabharata, Mr Sidiqui said: “Downsizing is viewed against the spiritual management gurus as the silver bullet also sheds blood. But, the arrow from Arjuna’s bow that penetrated the heart of Bhisma, was shot with absolute love and it caused no bad blood between them.”
‘Corporate reincarnation with soul means that we should manage from within and for that, you have to further explore yourself,” felt Mr Sidiqui. “Thus explore the human potential and get their best by exploiting the untapped and finding out the way and means to enhance their potential. It is like discovering the universe within you and the people working,” he clarified. Each employee is like a Chu-Goku, the centre of the universe.
Terming the present corporate world as MAD (merger, acquisition and divestment) the erudite management guru said” “If you follow the MAD madly you will end at one and at the same time, the organisation will be in a chaos.” For he believed any ‘ Corporate Reincarnation’ needed to be done with a soul, else “ you will not get the desired results”. In his opinion most of the CEOs’ are person with “knowledge but lacked wisdom”, which is creating all the problems. To get the love, loyalty and commitment of the people you need to give it to them.
He stressed on creating “a conscience of the organisation along with a heart and finally top it with soul.” However, he believed that these three could only be strengthened when you believe them. “Have trust in your employees and then only they will reciprocate and this in turn will create an ambience of confidence, which is very vital.”
“Any organiation is like a living organism like you and me, and those who forget this are sure to fail and inviting peril,” explained Mr Sidiqui. In his view, the organisation is not the material possessions rather the human beings inside it. And each human being is a physical, intellectual, emotional and spiritual.
Another important aspect for him was awareness. He was of the opinion that “ unless and until you are not aware who you are, you cannot become aware of others problem.” And awareness leads to universal perspective where equality is the main issue.
Describing more bizarre scenario of the tomorrow, he said: “As road shows ad industrial exhibitions are organised for the demonstration of products, wars are waged for a similar strategic purpose demonstrating the capabilities of destructive weapons in real life situations.”
He was of the belief that war would become a “very lucrative and profitable industry, and tomorrow, organs harvested from prisoners of war or fresh dad bodies produced during the war might turn into an innovative market.” The corporate sectors will go to the extent of managing the ‘dead bodies rather the dead organs,” as he lamented the fact that “who has the time to apply the mind to ‘ what is right.”
Finally, summing up the speech, he said” “A reincarnated corporate world should infuse soul to heal the wounds of the human kind and if this is not the aim, then better seek refuge and go to a temple and collect alms from those who believe in corporate reincarnation with soul.”
Earlier, speaking on the occasion, Omkar Nath Mohanty, vice-chancellor of Biju Pattnaik Technical University, echoed the same sentiment as he talked about compassion, soul searching and affection on the part of every corporate world. He also highlighted another vital point that was to create a sense of belongingnesss on the part of the employees as that would lead to permanency.
He also emphasised “whenever you think about yourself, think whether your presence is going to create a ripple or wave in the society and if you find your answer as ‘yes’ then you have lived a life.”
Sunil K Sarangi, director of National Institute of Technology, spoke about the need of B’ Schools as “these would create more numbers of specialised persons to tackle the big and bad world of business”.
At the beginning of the function, Sourya Patnaik, chairman of RIMS, spoke at length about RIMS and its aims and objectives. Besides, he charted out the future course the institute would take to remain in the competition and at the same time producing trained professionals. Professor MD Saran, Dean Academics delivered the vote of thanks.