Showing posts with label success. Show all posts
Showing posts with label success. Show all posts

Saturday, 19 December 2009

On Risk

by Thomas Heng

Risk is inherent in today's world. Some may believe that in an increasingly risky world, it would be best not to do anything at all and watch the world go by or sort itself out, that it is better to wait till it's 'safe' again. Nothing could be further from the truth.

While it may seem that the world has become a lot more dangerous today than ever before (by the way I would disagree with that, though it will probably best be left to another post!), the opportunity for ordinary people to become all that they can be is also greater than ever. Having said that, it would be prudent to examine the nature of risk before plunging headlong into a venture based on a nebulous concept of reward. For to undertake any meaningful enterprise without clarity as regards its potential risks and rewards is, well, very risky indeed.

It is essential to distinguish between the risks that are external to oneself, and those that are created within. Risks that are solely external to oneself are few and far between; most of the time such risks occur suddenly without forewarning, and can at best be managed only after the event. However, it is precisely the management of risk that can and should be the premise of the individual, that is, risk management is wholly internal in nature.

This insight provides comfort for those of us who feel that life is increasingly outside of our control, that business is becoming unsustainable, and that the future of our very existence lies in the hands of people (or other entities) whom we do not know, let alone understand. One of the keys is in our perception of risk and the occurrence of unexpected events. How one handles major global events is not identical to how another deals with them. Which means that we have the power of choice to determine the precise meaning of each event that 'happens' to us.

A strategic approach to life and business that incorporates the principle of risk management does not mean that we start treating the people in our lives as chess pieces. Rather, it means that we are acutely sensitive to the environment around us, and that we pay particular attention to how, on an individual level, affect others around us, and ponder upon our words, thoughts, and actions as we release them from our inner being.

Wednesday, 29 April 2009

Letter From A Scholar

Five years ago this letter appeared in the Straits Times. I believe it still has relevance to parents today, and I am reproducing it here. Apparently the author is now working in the tourism industry, and enjoying every moment of it.

_____________________________________________________

EVEN WHEN MY DECISIONS WERE RIDICULOUS... 
Mum and Dad always stood by me 
I REFER to the letters by Ms Maria Loh ('Don't kill love for learning'; ST, Feb 3) and Ms Lena Soh ('Every child is gifted, tap his potential'; ST, Feb 3). 

I am a final-year arts undergraduate at the National University of Singapore who was brought up a little differently from my peers. 

My parents are considered strict by general standards. One's a nurse, the other was serving the army for the longest time. I always felt I had two disciplinary masters at home. 

However, my parents allowed me to learn whatever I wanted as a child. Whatever I had an interest in, be it swimming, art and craft or electronic keyboard, I was given the chance to pick it up, even if the cost was hefty. They might grumble, but then they gave me the money. 

Whenever my interest in something waned, like when I decided learning the organ was not too interesting after I passed my Grade 2 exam, they allowed me to stop. While they resented wasting money and ticked me off for giving up too easily, they understood that a passion for something can only be sustained by an interest in it. 

They did not start me on tuition until they saw the need for it, such as when a school teacher called them up and said my Chinese was beyond redemption or when I got a red mark for mathematics on my report card. 

Likewise, they stopped the tuition whenever I wanted out, or when my grades improved enough to make my Chinese teacher withdraw her 'beyond redemption' remark. 

They left me on my own to study from Primary 5 onwards. They could tell I was self-motivated. They drove me to bookstores, gave me a budget and let me pick out the assessment books myself. 

Of course, I did not finish them all, but because I chose them myself, they held my attention and commitment longer than usual. After a while, they even left the answer sheets behind and let me mark my books on my own. I had their trust. 

They never interfered with my decisions, such as what subjects to take and which junior college to go to, nor my subsequent decision to reside in the students' hostel at university for four years even though the campus is a 10-minute bus ride away. 

To them, my decisions at times were ridiculous, and the financial strain on them was apparent. They offered advice and voiced their unhappiness but still they supported me. 

They had to endure my constant requests to go travelling and when they could give me the money to do so, they would. One day, when they could not, my dad decided it was time to upgrade the home computer to wireless broadband, so that the family could surf the Net and find out about the world from the comfort of home. 

Today, I am an above-average student working for an honours degree in Geography, specialising in tourism studies because I had grown to love travelling and exploring various parts of the world since Dad took me to Brunei on my first trip at five when he had to lead an army team there. 

My thesis is on backpacker tourism, a natural choice as I started backpacking with my friends at age 20. 

Because I had learnt whatever I wanted to learn when I was young, I can play any song I hear on the piano, teach children handicraft, swim well enough to not drown, sing (I joined the choir in secondary school) and take part in sports (joined the athletics team in junior college). 

I was never the star runner or the champion, sometimes very far from it, but I followed my heart and I have no regrets. 

One day, if I do not get a job, I will print my namecard, stating my profession as 'Jane of all trades, Mistress of none'. 

I may or may not make it big. Either way, I will survive. And I will be happy doing what I am doing. I have had my share of failure and learnt that some of my decisions were indeed ridiculous, and that maybe it was true that Mum and Dad always knew best. 

Either way, whether I succeeded or failed, I discovered the joy of learning new things and letting go when it was time to do so. 

When asked about my hobbies in any conversation or interview, I always reply: 'My hobby is to pick up new hobbies on an annual basis.' 

Last year, I learnt to play the drums for two months, giving up when I realised I would never be good enough to play for my church band. I picked up the guitar, and I can play well enough to sing some fellowship songs with close friends. 

This year, I am going on more backpacking trips. My parents cannot bear to see me travel this way and are clearly worried, but I need to backpack to complete my research. They told me that if I could not get enough research funds, they would top up the rest. That's what I mean by support. 

I do not think I am qualified to teach people older than me how to raise their children. But I knew I had a story to share, and I believe my story might just change some Singaporeans' perception on how a child should be brought up in a society like ours. 

I am sure there's no hard and fast rule. I am the product of my upbringing, and I will always be thankful to my parents. My parents found their balance; I hope you find yours too. 

SANDRA LEONG SWEET EE (MISS) 

Friday, 20 February 2009

On Talent

Book review by Thomas Heng

Talent is an oft-misconstrued concept, according to a bestseller by Marcus Buckingham and Curt Coffman. First, Break All the Rules is not nearly as radical as the title suggests. However, it does contain some revolutionary insights into what makes great organisations work, or rather, what great managers in these organisations realise that others already know but somehow don't put into practice. Central to this work is the way great managers approach the issue of Talent, and what they do to harness it for the benefit of all concerned.

In the maze of business jargon, one is bombarded with 'words of wisdom' or 'catchphrases' that seem to say much but in fact mean precious little, or the meaning of these well-intended utterings is so disparate that one is too confused to admit the face, and yet out of sheer frustration, uses them willy-nilly anyway. Surrounding the word Talent are its poor cousins Skills and Knowledge, and its even poorer relations twice-removed, Competencies, Habits, Attitudes and Drive. The key to sorting out this royal mess may be to simply ask, 'Which of these are easily modified through management, and which are not?'

For a start, if the word Talent suggests something that is innate, then Skills and Knowledge are learnt attributes, no matter if one has honed it since age 13 or age 30. For instance, being able to do arithmetic or science is a Skill, as these can be taught by steps. Knowledge however is the sum total of what one, um, knows, for example knowing the Highway Code, or knowing when to close a sale -- one gains Knowledge through learning and experiencing all that life has to offer.

That leaves Talent, which one can best summarise as 'that which is embedded deep within one's being that cannot be passed on easily to another with desirable consequences'. I suppose one of the classic examples would be to train a bubbly, outgoing, spontaneous person to remain cooped up in an office with no windows and one door, where all that needs to be done is typing and verifying accounts, and to expect this person to love doing it week in week out without a single word of complaint! Clearly you would agree that this person isn't really doing a job that s/he loves... Personally, Talent can be further broken down to Motivation (what drives someone), Psychology (how someone thinks) and Sociability (how someone relates to others).

At this point it would be useful to add that Talent is not confined to an exclusive set of individuals; each person is Talented in his/her unique way. The unfortunate situation is that in a 'meritocracy' such as ours, Talents are often suppressed by historical facts of past academic achievements. Take a closer look at the bus captain as he goes about his routine, and see if you can find the unique Talents required to persist in such a role day in, day out. If anything needs to be raised it's not bus fares, but bus captains' salaries!

Conventional wisdom holds that Competencies, Habits, Attitudes and Drive are manageable parts of a whole that, if tweaks often and long enough, will somehow transform the struggling employee into something Perfect. I cannot emphasise enough that nothing can be further than the truth. First let's take a look at Competencies; just what on earth are they, something trainable? Can one truly impart Creativity, or is it something that needs to be drawn out? Great managers are able to identify and discard language that doesn't serve their ultimate purpose: the betterment of the employee for the betterment of all involved.

Habits are behavioural, and can be changed with effort, but then again this requires management of the utmost sensitivity. The best person to drive such an effort is the employee and not anyone else, as it should be one's journey to learn through experience what Talents one already possesses can be best placed into one's work, social and personal life.

Attitudes are innate. There, I said it. The next time you hear someone say 'Change your attitude' you are most welcome to quote me ;-) The key to management is knowing how to best place the Talents at one's disposal; there is nothing worse than a Talented employee placed in the wrong job, as square pegs in round holes would undoubtedly agree.

Similarly, Drive is nothing more than an imitation for Motivation, waiting to be charged with identity theft. I'm not sure why some managers insist on lighting metaphorical fires to see how employees would squirm, as if somehow the Drive would miraculously surface and by some act of God, remain in sustainable fashion. There is only so much fear that can be imparted into employees before they bail out of the organisation altogether, regardless of their affinity to the enterprise prior to the implementation of such scare tactics.

Management is not easy, nor is it meant to be. Lighting fires to uncover Talent is as effective as burning plywood in search of virgin wood; one simply cannot hope to find a particular Talent by destroying the other Talents. However, with a little objectivity, one can still build a decent wardrobe with the plywood one has at hand, while continuing to seek out the virgin wood that one desires.

Friday, 19 December 2008

Resolution

I came across something that I find rather meaningful. The original post, as far as I know, can be found here. And apparently the originator is none other than the CEO of Coca-Cola. Brian G. Dyson.

Basically it says that Life is like trying to balance 5 balls -- Work, Family, Health, Friends and Spirituality. Sometimes it is easy to see all these 5 balls as the same thing, but there is one very important difference. Work is a ball made of rubber, even if I drop it, it will bounce back to me sooner or later. But the rest of the other balls are not made of rubber, they are made of glass. So if I drop one of these balls it will chip, crack or even shatter...

In good times I appreciate that such a goal is not easy to accomplish. However, what I do realise is that in challenging times such goals are perhaps even more important to strive towards. All too often in the pursuit of material things, or more relevantly today, in the struggle for survival, people can forget their innate needs for connectedness, and become mean and downright nasty to the ones they care most about. Also, wishing that Life isn't as what has been observed by Mr Dyson doesn't make it so. No matter how we slice or dice it, there are matters in life that are so important to us that even if we ignore them our entire lives, they will return to us with either the price that we pay for neglect, or the rewards that we reap for taking heed.

The choice my friend, as ever, is yours..

Saturday, 20 September 2008

On Leadership

by Thomas Heng

There is no success without a successor.
The quality of the leader is not in the leader himself, but in the people he leads.
A leader of leaders has fewer concerns than a leader of followers.

Leaders provide the climate that determines the growth of those who follow him.
The greatest joy of a leader is the successful thriving of his team in his absence.

Leadership requires continual improvement on the part of all members.
Leadership by example is by far the most effective leadership of all.

Leadership is enhanced by personal branding, but personal branding is no substitute for genuine leadership.

Friday, 14 March 2008

Inspirations 009 -- Ten Companions

Ten Companions
by Thomas Heng

Success is my duty
Wealth is my reponsibility
Sharing is my passion
Learning is my desire
Speaking is my hobby
Reading is my habit
Dreams are my staple
Courage is my friend
Spirit is my guide
Love is my footprint