The last month of the last quarter of the FY 2023-24 has started and one can see frantic activity all around. There are targets to be achieved – individual as well as organisational, PMS to be completed, financial incentives to be distributed, promotions to be announced, annual closing related formalities to be completed – its as if the entire crux of the financial year is to be understood and realised in these last 20 or so working days of the year. Invariably, March also comes loaded with holidays, reducing the number of working days to below average, putting more pressure on the resources and organisations.
Obviously, the above pressure situation takes a toll on the psyche of the employee, more so if the outcomes are not on the desired lines. For organisations, it means disappointed investors and shareholders and toll on the share price.
While I cannot comment upon what organisations need to do, for they have experts, analysts, strategists, financial wizards in their ranks, who can give a technical reason for performance being off mark, I would definitely have some bit of advice for individual employees. A lower than expected outcome in any particular FY need not be treated as the end of the road. After all, who, even of the most successful lot, can claim to have got top rating , highest increment, maximum bonus and promotion on time, every time throughout his or her career span? Ups and downs represent the law of nature and instead of sulking, looking out for greener grass on the other side of the fence or taking any knee jerk action, it’s better to do a self analysis of the year gone by and restrategise by bridging the gaps, if any, that may get identified as part of the aforesaid analysis. Organisations, largely, work on the similar lines and its for individuals to adapt to the culture.
With no intention of self promoting my maiden book, “ Ordinary is extraordinary”, I personally feel that it can be a good guide as it views success in a slightly differently nuanced manner. The Amazon link is given below:
Arvind Arya blog 