Experience vs Exuberance – What does Industry need Today

There is a place in the industry for both Experience and Exuberance. The debate of Experience vs Exuberance is enriching for all the avid students of management. A balance of both is what takes the industry forward. A startup generally needs more of youthful exuberance and less of experience. Start-ups need to have a never say dying spirit. But at the same time, the experience which relates to maturity and rational thinking lends weight to the idea of success in any startup venture. Exuberance can give you a start and kick in but it’s the experience which takes you that far and over the finishing line.

A matured and running organization with well established systems in place, need experience more than the exuberance. An organisation has many organs. Each of these organs perform crucial functions. Human Resources takes care of employees and their deployment to appropriate roles. Planning function handles optimal sourcing and deployment of resources to maximize productivity. Similarly organs like Marketing and Finance each have a well defined role to play in an organisation life. As a matured organisation is a complex web of many organs, there is much more emphasis on experience.

The debate of Experience vs Exuberance will continue to get talked upon in times to come as both have seemingly an important role to play in any organization. Organization’s need both to grow and prosper. Experience vs Exuberance discussions are important to understand the dynamics of any organization.

Experience vs Exuberance

So when a matured organization need exuberance.

Suppose an organization is contemplating entering in to a new line of business or launching a new product. After the road map has been crystallized, there will be a need to a have unbridled energy and youthful exuberance to take the specific endeavour forward. It’s here you need exuberance. The feeling to go all flat out in order to achieve the objective can come from youthful exuberance. I in my consulting association with many organisations have always laid stress on importance and due weightage for both experience as well as exuberance.

And when a startup need doses of experience

  • It’s when you have hit plateau in your sales and new leads.
  • You are stuck with old ideas.
  • Intending to take that next big leap.
  • Have exhausted yourself with going shallow in your endeavours.
  • Have run out of funds.

It’s then you need experience, maturity and level headed thinking.

There is no firm division or segregation as to when the experience prevails over exuberance or for that matter Vice Versa. An organisation need to have a balance of both. There is no substitute for either of them at their time and place of importance. In order to understand the relative importance and the ideal situations when the one prevails over the other, it will be worthwhile studying anorganization each in big and small setup.

At the end, I conclude by stating that Experience and Exuberance both are critical and have important influence in an organization’s life.

Companies will Invest Heavily in Automation – A Covid-19 Impact

Not long ago, the Industry 4.0 was the buzzword in the Automation Industry. Everybody was going gaga over its likely impact on future of the industry. Every one wanted to be pallbearer of Industry 4.0. The word used to get mentioned very prominently in seminars, conferences and other public forums, alike. The industry veterans were confident that this is the next big thing in manufacturing industry. This was touted as the next wave of Industrialization. Then, Covid-19 hit us all. That left the world panting and stopped it in its tracks. The whole world was under Lockdown, albeit at different periods of time. Some of the countries are still under Lockdown but more or less, the restrictions have been considerably relaxed. But the trepidation is still there. Because the Virus is still lurking somewhere close by.

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Why Big Organizations have to Die Today

Organizations have evolved over the years. If one is blindfolded and taken to an organization of 90’s, the layout, space utilization and office setups will confound him. Today the successful organization’s are much agile, sleek, flexible and most importantly open. The hierarchical structure has given way to open collaborations. The organization’s working which used to centralized earlier is more open and flat. The operations are more flexible and decentralized. But that is not true for all of our contemporary organizations. Even in changing times there are a few organizations which are still glued to old working style. Most of these organizations are long used to having the assurance of an captive market. Their manpower has aged, fixated on old beliefs and are not open to new ideas. The time has come for these Big Organizations to Die.

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Before corona and After Corona – What will change

As world eases in to 6th month of Corona pandemic, we are going to witness a future which we would have never imagined. None of us in our childhood would have had any inkling of such a disaster on humanity. We are still definitely not out of woods. We don’t know whether the pandemic has peaked or not. But the times to come are going to be really challenging. Development of vaccine is still long way off. A few of the countries have reported success but translating them in to a ready to use vaccine is still a 6 months’ job, that too with high level of optimism. Life before and after Corona is going to be entirely different

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How to make best use of Self-Quarantine and Self-Isolation

Covid-19 has hit the world hard. In our times, virus strains are getting deadlier day by day. Scientists world over are working day and night to isolate this virus and come out with vaccine. But as I write in Mar 19, we have not yet been able to get the vaccine developed. We need to gear up for the challenges which such kind of human to human infections bring about. As I am penning this post, self quarantine for 14 days appears to be the only possible way to stem the tide and break the chain of viral infections. World has taken a bit extra time to understand the threats posed by Corona Virus but we are now up to it and nations all over the world are taking the steps to control this, WHO declared pandemic.

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Minimalism Tips for Decluttering Inbox

We are all heavily in to Emailing and stuff like that. Most of us have multiple email accounts. We get numerous emails on daily basis and sifting through these emails become a problem. The thought of decluttering inbox might have come to our minds more than often but due to our ever busy schedules we might not have progressed beyond the first few steps.

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Why DISCOMs Cap Net Metering for Solar Rooftop Systems at 1 MW

Solar rooftop systems are dependent to a large extent on the state net metering regulations. Most of the states cap the net metering connections at 1 MW. Though there has been a major push for solar installations but the Solar Rooftop segment has not grown the way the ground mounted solar installations have in past 5 years.

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Importance of Module Mounting Structure in a Solar Rooftop System

With the beginning of slow but gradual phasing out of Fossil Fuels from our energy ecosystem, the Renewable Energy sources in a short span of time have gained tremendous popularity. Solar PV plants as distributed energy sources have changed the way people used to think about the power generation. Solar PV as ground mounted system have largely come up in rural or remote areas where land prices are higher. But the Solar Rooftop system has steadily gained popularity in urban areas as no or little investment on land purchase/lease is required.

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Solar Tracker Systems – Boon or Bane

Solar trackers are deployed to orient the solar panels towards the sun. These devices change their positions many times in a day to take the sun rays head on. The primary objective of Solar Trackers is to improve efficiency by minimizing angle of incidence between sun rays and solar photo voltaic panels. Solar trackers are either single axis or dual axes types, depending upon their movement.

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How to be a Tech Minimalist

A Minimalist doesn’t have to shun everything in the life. One has to only get rid of life’s excess and start focusing on what is important. That is contentment, freedom and happiness. A Tech Minimalist is one who employs technology to lead a life which one find really fulfilling.

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