January 2017

PM Essence January 2017 – Newsletter
Did you know?

Did you know?

January 2017
Q. This Law describes how and to what extent the stress levels (or mental arousals) impacts performance of any person.   A. An The Yerkes–Dodson law dictates that performance increases with physiological or mental arousal, but only up to a point. When levels of arousal become too high, performance decreases. The process is often illustrated graphically as a bell-shaped curve which increases and then decreases with higher levels of arousal.   Research has found that different tasks require different levels of arousal for optimal performance. For example, difficult or intellectually demanding tasks may require a lower level of arousal (to facilitate concentration), whereas tasks demanding stamina or persistence may be performed better with higher levels of arousal (to increase mo
Members Corner

Members Corner

January 2017
Members Corner                               We wish all members a Happy and Prosperous New Year 2017! We welcome all new members and thank members who have renewed their membership.   Appended is the list of few FREE web-based seminars (webinars) for January 2017, we have shared same list to your registered email; this is a good opportunity to earn PDUs and claim at PMI to maintain your credentials.     Member's Speak   • "Already member of Pune Chapter and a long standing member; Moving to Bangalore Chapter." - Nandhakumar Swaminathan (546134) • "Like to Volunteer for couple of opportunities, Preparing for Exam; Opportunity to become member was inspired with the benefits from proje
PM Accomplishment

PM Accomplishment

January 2017
PM Accomplishment   We are happy to learn that Sri S.S.V.Raghavan - PMP, a Past Vice-President of the Bangalore Chapter of PMI, was honoured recently with “Distinguished Member Award” by the Indian Institute of Materials Management at its National Convention at Hyderabad on November 25th, 2016. This was in recognition of his contribution towards the development of Materials Management profession for nearly 40 years in various capacities – as Faculty Member, Examiner, Executive Committee Member and Hony. Editor of its official magazine, to name a few.  Since he was unable to make the trip to Hyderabad to receive the Award personally, it was presented at the Annual Conference of the Bangalore Branch (“Supply Chain And Logistics Exposition” - SCALE 2016) on the 16th December at
PM Article: Get me 200 rejections and let’s talk…

PM Article: Get me 200 rejections and let’s talk…

January 2017
Get me 200 rejections and let's talk... Tathagat Varma My wife and I were recently discussing an interesting initiative with our son. He and his friends have this big, bold and really audacious idea about including children and young citizens under the age of eighteen into the governance process even though they are not allowed to cast their "vote" - after all, why should the democracy be reserved only for the voting class? Just because they can't vote, none of the political parties even acknowledge their 'presence', much less engage with them for a dialog (never mind that at 44%, they constitute our largest 'minority’). The worst part - they will grow up to be the newest voters without any awareness whatsoever into the political process! This year alone, we added 100 million first-time
PM Article: You think you know your customers. But, do you?

PM Article: You think you know your customers. But, do you?

January 2017
You think you know your customers. But, do you? Vartika Kashyap   “All of your customers are partner in your mission”. Whenever someone asks me about how a business can keep customers happy, this quote from Shep Hyken comes out from my mouth. A customer will pay for your product or services. But, only if you are offering a solution for some problem that he/she is facing. The question is how will you sell a solution when you don't know the problem? This is the reason why it becomes imperative for you to know your customer. So, how well do you know your customers? I am going to share some points here that will help you to get answer to this question - • Do you speak the same language as they do? Business is always a two-way communication. Your actions and your brand must resonate wit
PM Article: The Source of all Leadership

PM Article: The Source of all Leadership

January 2017
The Source of all Leadership Peter de Jager “Are Leaders born or made?” That's an old question. It's been asked before – many times – and it'll be asked again – many times. Even so it's worth exploring, we might not uncover anything new but it might serve as an exercise – especially if we measure ourselves against our findings.Head to the Internet and search for the term 'Leadership Attributes' and you'll find a few tens of thousands of attempts to list the 'Key'/'Prime'/'Major'/'Crucial'/'Critical' etc. attributes. Here are a few of these selected at random.Obviously, while there are some common threads here, these types of lists span the wide spectrum of human personality. This shouldn't surprise us too much. We are each drawn to certain types of leaders and their leadership skills diff
PM Article: PM Open Space Community Event

PM Article: PM Open Space Community Event

January 2017
PM Open Space Community Event SAP Labs India and Project Management Institute Bangalore Chapter (PMIBC) presented the PM Open Space on Wednesday, the 14th December, 2016 at SAP Labs India, Whitefield. PM Open Space is a corporate initiative among likeminded corporates who wish to share knowledge among the professionals across Bangalore and Whitefield in particular. Leading corporates like HP, Huawei, ABB, SAP, E&Y and PMI BC (to name a few) are part of this team. This program is conducted once a quarter and this session in particular was the 4th consecutive one this year. The event was inaugurated with a Keynote Address by Mr. Rajnish Prasad (VP and Head – Custom Development Execution – APJ and Greater China, SAP Labs India). “Everything is a project and for me, it was series of a
PM Article: Why Does Politics Exist in Organisations?

PM Article: Why Does Politics Exist in Organisations?

January 2017
Why Does Politics Exist in Organisations?   - Vandana Sharma     Often when there is a conversation on company culture, the pivot hinges on transparency, fairness and high integrity. I am yet to see a company that wants to grow big ethically, has the “awesomest” culture and does not have Integrity, Honesty, Fairness and Transparency as its core values & beliefs.     When every organization starts out that way, why does politicking back-stabbing and diplomacy creep in with the time and become a threat to the company's culture, growth and happiness quotient?   Refraction of Vision from Top       Company's vision gets diluted through layers of hierarchy that get built as organizations grow. Just like a ray of light undergoes the phenomenon
Chapter News

Chapter News

January 2017
Chapter News Capt. L. N. Prasad PM Footprints: During the month of March 2017 three PM Footprints sessions were held. On 2nd March 2017 Mr. Magesh Moorthi, Director, Bumblebee Leadership Academy, spoke on the topic “Leading Change for Growth - A values based approach”.   On 16th March Ms. Anjali Pais, Head Business Development, True Colors Asia, spoke on the topic "The Rain Maker : How to Influence better".   On 30th March 2017 Mr. Soumen De, EGM Operational Excellence, GM International Quality of General Motors Tech Centre India, spoke on the topic "The Art and Science of Innovation (and IP Creation) for Project Managers”.   All the three sessions were very well attended and the members benefitted by the subject.   PM E&C Footprints: On Saturday the 18th March