Revisiting an old stack of papers could be so much fun and insightful at the same time! It’s real fun to look back at the old targets in a rugged diary and feel proud over the ‘tick’ marks representing accomplishments. So here’s the lowdown of what ALW CEO Vivek Singhal found in his 2008 notes.
“I remember while I wrote them, I was fully aware of the challenges of recession which began that year. And that’s when I wrote about the three P’s, that I intended to work on, namely: People, Projects and Processes. These are exactly what an IT company is composed of,” he shares.
People – really develop and run a system. That way they are assets. If you have the most right people at the right place and in a right proportion, they become valuable assets. “I have realized over the years that a right mix is important. You ought to have opportunists, pessimists, optimists, goal setters, followers, leaders and so on to make a complete mix that can go a long way in helping an IT company really progress and keep moving forward,” he adds.
However, the people’s P wouldn’t be so effective without the projects’ P. If you don’t manage to get the right kind of projects, even the best of people wouldn’t be able to contribute efficiently. So a company needs the right kind of clients and the right pricing i.e neither too expensive nor too cheap.
Procedures or processes – without these neither of the two P’s can really deliver an output. This is the thread that really binds the company and enables its smooth running.
Incidentally, ALW is all spruced up for a performance evaluation this month and the three P’s are going to be guiding lights in the process. As always, the team and team leaders are committed to reward the best performers and fix new targets for the forthcoming better half of the year.