Pharma Veterans

Power of Consonance of Goals – Asrar Qureshi’s Blog Post #1020 Dear Colleagues! This is Asrar Qureshi’s Blog Post #1020 for Pharma Veterans. Pharma Veterans Blogs are published by Asrar Qureshi on its dedicated site https://pharmaveterans.com. Please email to aq.pharmaveterans@gmail.com for publishing our contributions here. Credit: Polina Zimmerman Preamble All business organizations set goals. Some visualize for one year, some for three or more years, based on the nature of the business. However, plans are reviewed every year and finalized for the year, every year. From the corporate goals, team goals and individual goals are derived. These goals are incorporated into the performance management system running in the organization also.  The observation is that despite this cascade, goals of teams and individuals are not in alignment. And of course, the biggest omission is that customer-related goals are not included in the corporate goals. In recent times, I can say with reasonabl...

New Insights on Performance Management – Asrar Qureshi’s Blog Post #996 Dear Colleagues! This is Asrar Qureshi’s Blog Post #996 for Pharma Veterans. Pharma Veterans Blogs are published by Asrar Qureshi on its dedicated site https://pharmaveterans.com. Please email to aq.pharmaveterans@gmail.com for publishing your contributions here. Credit: Ahmed Credit: Alena Shekhovtcova Credit: Alwyn Dias Credit: Khris Kunta kUkU This Blogpost is based on a data published by McKinsey recently. Which came out of survey of 1200 employees at various levels in 11 countries across continents. Link at the end. Performance management stands on four pillars: goal setting, performance review, ongoing feedback, and rewards. Performance management systems are therefore, designed along these lines. Many years ago, the MNC I was working for, started MBO – Management By Objectives. We got training on how to make objectives that would be measurable, and how to give weight to them. As years passed by, many organiz...

What’s in a Meeting? – Asrar Qureshi’s Blog Post #871 Dear Colleagues!  This is Asrar Qureshi’s Blog Post #871 for Pharma Veterans. Pharma Veterans aims to share knowledge and wisdom from Veterans for the benefit of Community at large. Pharma Veterans Blog is published by Asrar Qureshi on  WordPress, the top blog site. Please email to asrar@asrarqureshi.com for publishing your contributions here. Credit: Alena Darmel Credit: Christina Morillo Credit: Christina Morillo Corporate meetings are a ubiquitous presence in every corporate that prides itself on being a modern corporate. Innumerable hours are spent on meetings in such places. The senior management is usually seen hustling from one meeting to the other, probably feeling very important also. They are unable to do other/ real work due to rush of meetings and either keep sitting late to catch up or the pending list keeps piling up. In both cases, either the employee suffers, or the work suffers.  I have been a senior e...

Organizational Culture – Vision Mission – Asrar Qureshi’s Blog Post #833 Dear Colleagues!  This is Asrar Qureshi’s Blog Post #833 for Pharma Veterans. Pharma Veterans aims to share knowledge and wisdom from Veterans for the benefit of Community at large. Pharma Veterans Blog is published by Asrar Qureshi on  WordPress, the top blog site. Please email to asrar@asrarqureshi.com for publishing your contributions here. Photo Credit: Antoni Shkraba Photo Credit: Artem Podrez Photo Credit: fauxels Corporate Values are usually displayed at all prominent places, and violation of values occurs in the shadow of these displays; like cars are parked right under No Parking sign. Like, government and private hospitals put up plaques at various places saying ‘Bakhsheesh’ is not allowed, and the attendants take it forcefully under these signs. I visited the offices of a large “Development Authority’ and just before the entrance there were five flexes saying very alarming things about bribery....