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Crystals
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Company Profile Crystals
– leading internet based solution
provider Established in 2004 Head Office at Bangalore, with presence in 11 location across India Employees 3000+ Annual turnover - 40 crore From inception our company has been doing exceptionally well in the market. Crystals
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Situation Analysis Company
Productivity decreased by 30%
Employees
working overtime for meeting project deadlines
Direct
impact on Professional as well as Personal life
Work
life imbalance Crystals
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Reality bites In
an American survey children were asked to mention one thing that would improve their family life, and their response was: Come home (from work) less tired, upset and in a bad mood! Source: Jayne Buxton, 1998 Crystals
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Problem Definition Em plo yees worki ng l ate hours for meet ing de adlines is af fecting the ir work -l ife ba la nc e whic h lead s to de cline in produ ctivi ty
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FACTORS LEADING TO PRODUCTIVITY DECREASE
In cr ease d A ttri tio n- rat e.
Wo rk En vir onmen t
Wo rk Over lo ad
Pr oduct up- grad at ion be in g ove rlo oked .
All above factors directly or indirectly leads to WORK-LIFE IMBALANCE. Crystals
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CONSEQUENCES OF PRODUCTIVITY DECREASE
Red ucti on in the no. of cl ie nt s.
Pr oject de ad li nes not met .
Cl ie nts re qu iremen ts not be ing sat isf ied .
Red ucti on in ma rk et sh ar e
Di rect imp act on Goodwi ll
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Graphical Representation - Crystals 50 50 45 40 39 35 35 30 30 30 30 25 24 20 20 15 10 5 5 3 3 2 0 2004 2005 2006 2007 Crystals
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Sales(in cr.) Productivity(%) Market Share(%)
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Too many eggs in one basket? Toda y’ s
yo un g pr ofessi ona ls h ave hi gh a mbi tions a nd ma ny put al l the ir egg s in the work/car ee r b as ke t
Bur n
out = a st at e of ph ysi cal, emoti onal and me nt al ex ha us ti on t ha t can r esul t wh en hi gh ex pec tations, goa ls, and id eals are not met .
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A road to Burn out Stagnation sets in We don’t get the results that we expected
Frustration takes over The enthusiastic phase
Question everything, fear future, withdraw
Getting hyper or apathetic
Work is stimulating, fun and we work a lot
Loose touch w/oneself, work too much, but gets nothing done Crystals
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“That's
it! Now, your employees can have lunch, including salad, chicken, and all coffee consumed during the day, through this drip. All breaks are gone! They will just work uninterrupted! And you pay me! All are happy!” Crystals Group-VII
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Working more hours does not make you a better manager Working
long hours does not increase the likelihood that managers are able to both solve short term problems and at the same time plan for the future Manager should be able to allot proper time to all spheres of life Crystals
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Friends & Community
Family
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Self
Work Group-VII
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Many reasons why private life should be prioritized Reduce
ineffectiveness at work
Family
and friends represent an important resource when things are rough at work
Provides
new energy and new perspectives
Being
a leader in the family provide managerial competence. Crystals
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Some solutions
…at the individual level Be aware of your values and goals include life goals in your plan Prioritize – put first things first Become more effective, e.g. delegate more Say no - or use other tactics to fulfill your needs Crystals
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Watch out for burn-out signals
Some solutions
…at the organizational level •Increase the number of experienced employees to meet up the demand Give bonus to those who achieve results and keep work within target hours Train managers to manage work loads and work time, delegate effectively, and to look for burn out warning 17 Crystals signals among employeesGroup-VII
When I’m working, I try to pretend I don’t have a family. And when I’m with the family, I try to pretend that I don’t have a job Crystals
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Older and wiser….? “We should adapt organizations to people, not the other way around. We must accept the fact of life, people live different lives. It troubles me, that I didn’t see this before.” Former top manager and CEO, Egil Gade Greve, 1998
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Work-life balance in Accenture Worked
in various roles and picked up plenty of experiences since 2004
Enjoys
current position because it allows her to manage a team, as well as work in a client-facing role
Spouse’s
career is very demanding & being mother, responsibility tends to increase dedication to work/life balance through a number of flexible work options.
Heather Duncan Senior Systems Analyst, Siebel / Canada
Company’s
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Recommendations for Work-life balance
Physical Fitness Centre
Gym
Ayurvedic Massage Centre
Health Drink
Physiotherapist Crystals
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Flex
ible w orki ng hour s a nd h olid ays
End orse
w orki ng f rom home -weekly once
Est abl ish
a “di sc onn ec t from wor k” vacation pol icy -no cel l p hones or l apt ops
Tie-up
wi th consul tanc ies for Coun se ling
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Workp
lac e Ma keo ver:
Brigh t co lo rs
Er gonomi cally De sig n of wo rkpl ace
Caf eter ia
Gami ng Z one Tabl e t en nis, Bil liards, et c
Soft m usi c
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T-20 cr icke t mat che s bet wee n emp lo yees
“ Cryst al s ido l” - A t ale nt hunt
DJ nigh ts – mo nt hly ba si s
Empl oyees’ Birth day cel eb rat io n Crystals
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Tha nk You!!! Presen ted by : Group-VII Jit hin-8079 Prat ee th -8097 Ash ish -8117 Crystals
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Open for Queries
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