Thursday, July 21, 2022

Survey To Increase Your Happiness

A recent happiness survey shows that hairdressers have the highest levels of happiness at work! The reason? They are in direct touch with their customers. Chris Humphries, Director General of City and Guilds U.K., says: Nowadays, job satisfaction and happiness is about fulfilling your potential, tapping into your own creativity and feeling that you can make a difference. Many are exchanging their desk-bound jobs for vocations that enable them to be hands-on, use their brains and be in change of their own destiny. In a Guardian article by Laura Smith, two out of five hairdressers described themselves as extremely happy. She gives two reasons: 1. Creativity 2. Contact with customers Blog - Necessity is the mother of innovation A small bank, which did not have the funds to pay for expensive real estate, came up with the idea of using other people’s premises: schools, petrol pumps and super-markets. Then they moved seamlessly into a growth path, starting thousands of ATMs and mobile banks. Today, they are one of the largest banks in India. More recently, many banks have introduced the concept of 24-hour direct banking with business being carried out by anonymous people at the end of a telephone. This is neutralizing the competitive advantage, which established banks enjoyed by virtue of functioning from prime sites in Mumbai.

Wednesday, July 6, 2022

INNOVATION IN LIVING SPACES

Peter Drucker in his classic work on innovation speaks of a real estate company which became a success in a depressed postwar market. It was in the aftermath of the Second World War. Nobody was investing in buying new houses. Young people, just married, were particularly averse to investing in a home. Till a young real estate genius became a runaway success in a depressed postwar market. He did not sell houses, he sold dreams. He sold a little 200 square feet studio apartment with a 2000 square feet blueprint of a dream house. “Build your dream home as and when you can afford it, in modules,” was the message. He used the concept that people invest in dreams rather than immediately visible, touch and feel products. The innovation tool, ‘Turn it upside down’ (TUD) helped me turn a major corporate hospital brand from a place of illness to a sanctuary of wellness. The same hospital taught me that the most important part of a place of healing, is not the floor, not the walls, not the counters. These things were important to caregivers who were on their feet, vertical to the floor. But hospitals are built for patients – most of whom are horizontal, on their back, lying on beds, looking at the ceiling. One of the hospitals where special care has been lavished on the ceiling is the Singhania’s hospital in Kota, Rajasthan. The ceilings are a blaze of color. Collages are created out of broken marble chips. What must have started as an attempt to practice economy, has resulted in a masterpiece to keep patients as happy and amused as the changing patterns of clouds in the sky!

Sunday, July 3, 2022

The mind is the greatest resource needed for innovation

With mental capability, there are few limitations. Overload a machine and it can break down. Even computer chips have their speed limits. Resources can run dry. However, if we can help people make better use of their minds, the returns are immeasurable. The mind computer has the capacity to store an equivalent of 7550 volumes of the Encyclopedia Britannica.