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Banker by Chance, Leader by Choice - Book Review

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                                                      Banker by Chance, Leader by Choice Writer- Shiv B Singh Book Reviewer - Shri Hari Misra I am happy to share the review of my book "Banker by Chance, Leader by Choice", which has been published in magazine "The Indian Banker" published by Indian Banks' Association, Mumbai. The book is a good guide to Middle and Senior level managerial functionaries, who are on their career progression. The book simultaneously offers good learning exposure to new entrants in the banking industry.

Regional Rural Banks– Some Reflections

                                     Regional Rural Banks– Some Reflections                              The landscape of Regional Rural Banks (RRBs) has undergone transformation in their history of forty five plus years, which were first established in 1975 as joint venture of the Government of India, State Governments and Sponsor Banks. These banks were primarily meant for serving the unbanked semi-urban, rural, tribal and hilly areas of the country with focus on agriculture lending. This was the phase of green revolution and Indian agriculture was becoming capital intensive due to use of high yielding variety seeds, chemical fertilizers and farm mechanization. These bank flourished in their first phase of thirty years expanding the branch and bank network having network of 14,527 branches and 196 Banks in 2004. This rapid expansion led to increased establishment costs by way of increased employee strength and increase in salaries due to pay parity with public sector banks. The vit

Work-Life Balance, Step 7-Support

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    Work – Life Balance, Step 7- Support U.S. Department of Health and Human Services (HHS.gov) has beautifully explained the complexities of the work-life balance as, “One of the biggest challenges facing employees today is balancing personal and work responsibilities. Finding ways to manage childcare, elder care, retirement planning, and more on top of other pressing obligations is not always easy”. This has given the realisation to the corporate world that every employee has a life outside the organisation, which is of equal importance if not more. Therefore organizations are increasingly participating in work-life support oriented programmes for their employees for creating enabling working environment. An article, “The Surprising Benefits of Work/Life Support” published in Harvard Business Review (September-October 2022), has aptly correlated that corporate programmes supporting work-life balance promote productivity, reduce turnover and improve mental and physical health of t

Work – Life Balance, Step 6 – Define Work Hours

  Work – Life Balance, Step 6 – Define Work Hours Famous Sufi saint Kabir said,”Ati ka bhala na bolna ati ki bhali na chup, ati ka bhala na barasana ati ki bhali na dhoop”, which means excess of anything is not good and the same applies for work also as has been quoted by Stanley Kubrick,”All work and no play makes Jack a dull boy”. The importance of these sayings has been highlighted in the recently published report of International Labour Organization on “Working Time and Work – Life Balance Around the World” and the key finding of the report suggest, “the need to promote reduced hours of work and other flexible working time arrangements such as flexi time and telework, more widely; these types of policies would help to improve work-life balance and thereby benefit both workers and employees”. Some of the facts about the work are: I-                Work is ongoing process. Only assignments are completed. II-              Nature of work goes under transformation with the passa

Work-Life Balance, Step 5- Energy Cycle

  Work – Life Balance, Step 5- Energy Cycle Scientist Julius R Mayer discovered the Law of Conservation of Energy and now popularly known as First Law of Thermodynamics, which says, “Energy is neither created nor destroyed”. So energy must be put to better uses for maximizing the productivity and efficiency. Similarly human body also has the natural cycle of energy levels, which not only keeps on changing with physical, educational, emotional and psychological changes in the body and mind but also during the day based on the biological body clock. These daily changes in energy cycles release, what is known as Energy Bursts, which are the most creative, efficient and productive phases for individuals because of high energy levels. Triggers, frequencies and durations for these energy bursts vary from individual to individual. The individual creativity, performance and productivity can be substantially improved through effective management of energy cycles and energy bursts. Apart fro

Creativity and Innovation

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Modern Day Banking Crisis

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