Mahindra Insurance Brokers Ltd (MIBL) Appraised & Rated at Maturity Level 3 of the People CMM®

On 11th Dec 2015,  Mahindra Insurance Brokers  Ltd (MIBL), India was appraised and rated at maturity level 3 of the People CMM® as a MIBL Logoresult of an appraisal conducted using SCAMPISM-A. MIBL (started in 2004)  is empanelled with various public and private insurance companies to offer best insurance solutions to customers covering Life and Non-Life areas. In addition to direct broking, MIBL also provides reinsurance broking.

The result of this SCAMPISM-A is available at the CMMI Institute site containing Published Appraisal Results (PARS).

This result has also been extensively reported in the media; two such media articles are linked here and here.

This appraisal and rating was a milestone in an ongoing journey at Mahindra Finance group of companies that was initiated around two years ago by Mr. Vinay Deshpande, their CPO (Chief People Officer).

The keys objectives of adopting the People CMM®  were to:

  • Build an Engaging, Collaborative & High-Trust Culture
  • Build a Future-Ready Organization
  • Ensure Excellence in HR Processes
  • Align HR Strategy with Business Goals

Here are a few highlights of MIBL, their people related processes, changes implemented during the People CMM® journey, benefits accrued, and future plans.

  1. MIBL is the first insurance broking organization in the world to have successfully implemented processes aligned to People CMM® maturity level 3.
  2. MIBL has, in the last two years been able to hire over 70% through employee referral, saving considerable hiring costs. This also reconfirms that employees are acting as ‘promoters’ of the organization in the job market.
  3. MIBL has significantly improved the transparency and effectiveness of its internal communication channels.
  4. During the People CMM® journey, MIBL has implemented a robust competency framework that is used for hiring, individual development, internal job postings, training, career development, and succession planning.
  5. MIBL is able to execute special business projects faster, and in a more controlled manner.
  6. MIBL is planning to implement higher maturity practices of the People CMM® in future.

Other companies of the Mahindra Group in the Finance Sector have also embraced the People CMM® framework.

We hope to share more experiences from MIBL soon on this website.

The appraisal team was led by Rajesh Naik (CMMI Institute Partner: QAI India).

Please feel free to share your views, experiences, and queries, using the “comments” feature available. You may also forward the link to this post to your friends, colleagues, and anyone else who may be interested.

Other related posts uploaded on the same blog:

Notes:

Nothing Official About It! – The views presented above are in no manner reflective of the official views of any organization, community, group, institute, or association. They may not even be the official views of the author :-).

SM-SCAMPI is a service mark of Carnegie Mellon University.


I am Rajesh Naik. I am an author, management consultant and trainer, helping IT and other tech companies improve their processes and performance. I also specialize in CMMI® (DEV and SVC), People CMM® and Balanced Scorecard. I am a CMMI Institute certified/ authorized Instructor and Lead Appraiser for CMMI® and People CMM®. I am available on LinkedIn and I will be glad to accept your invite. For more information please click here. To get email alerts for new posts, click here to subscribe.

Book Review – “Making Ideas Happen” by Scott Belsky

Making Ideas Happen - CoverGenerating new ideas is easy, it’s executing that is hard. Whether you are an individual or an organization, perseverance and perspiration are a must to transform vision into reality.

In Making Ideas Happen, the author, Scott Belsky uses his observations and insights behind successful teams at Disney, IDEO, and Google — as well as highly productive and respected individuals like John Maeda, Seth Godin, and Chris Anderson — to present essential principles and a structured set of methods for converting any idea into reality.

Title Making Ideas Happen – Overcoming the Obstacles Between Vision and Reality
Author(s) Scott Belsky
Initially Published In 2010
Publisher Penguin
Formats Available Hardcover, Paperback, Kindle, Audio
Available At Amazon.comAmazon.in, and Flipkart.com.

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“A Swiss army knife for Ideas”

Ji Lee, Director at Google Creative Lab 

Summary

Ideas for new businesses, improving productivity or capabilities and solutions to the world’s problems  are common. So are ideas for artistic breakthroughs. However, great execution is rare. Ideas don’t happen by accident or because they are unique or great. Ideas are taken to fruition with passion, focus, and hard work.

According to Making Ideas Happen, the three essential elements behind successful implementation of ideas are:

  1. Organization and Execution
  2. Leveraging the Forces of Community
  3. Leadership

‘Organization and Execution’ includes details of the ‘Action Method’, which covers management of lists (e.g., action steps, back-burner items, and references), prioritization, managing constraints, tolerance for change, with a focus on ‘always moving forward.’

Harnessing the forces of the community through sharing of ideas, processing feedback, transparency, commitment to others, and using the power of the network is the second essential element of success. The book also covers the benefit of physical shared space and self-marketing.

The third essential element is leadership that one needs to drive a team. Motivation, rewards, weeding out of ideas, engagement, decision making (e.g., ‘don’t be burdened by consensus’, ‘leaders talk last’) are some of the aspects covered. Self-leadership is also covered in detail – this includes aspects of handling ambiguity, failures, and conflicts and also being a deviant.

The essence of the book is depicted in this diagram reproduced from the book:

Making Ideas Happen - Equation

Worth Reading (More than Once)

The book is extremely well-written and easy to read and fast to absorb. It is around 240 pages, including the Appendices. The structuring of the book is also done very well, with three major sections and chapters within them. Once you have read the book, it is easy to refresh the concepts by just going through the table of contents.

There are diagrams and tables used to explain or reinforce concepts, wherever needed.

The book was on the bestseller lists for a long time. I recommend this book for entrepreneurs, managers, and anyone unable to start on his/ her pet ideas.

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“Ideas are easy. Implementation is hard. This book helps you with the hard part.”

— Guy Kawasaki, former Apple guru and author of
The Art of the Start

Making Ideas Happen  by Scott Belsky is available at: Amazon.comAmazon.in, and Flipkart.com.

Check out sample pages of the book by using the “Look Inside” feature in Amazon, here. You will get a feel of the book, and you can decide whether it suits you.

About the author

Scott Belsky is a speaker, writer, and entrepreneur with a focus on the creative industries. As the founder and CEO of Behance (https://www.behance.net/), he oversees the Behance Network, the world’s leading platform for creative professionals with millions of visitors every month. He also looks after ‘The 99%’ (http://99u.com/), a think tank and annual conference devoted to execution in creative teams and Action Method, a popular online/mobile productivity application and line of organizational paper products.

Here is a TEDx video featuring Scott Belsky talking about the concepts in the book.

If the video does not open, use the link https://youtu.be/lsQtptwMCFI

The book is available at: Amazon.comAmazon.in, and Flipkart.com.

Please use the comment feature below to send in your responses.

Other Book Reviews

Other book reviews uploaded on the same blog:

Please feel free to share your views, experiences or queries, using the “comments” feature available.

Notes:

Nothing Official About It! – The views presented above are in no manner reflective of the official views of any organization, community, group, institute, or association. They may not even be the official views of the author of this post :-).

 


I am Rajesh Naik. I am an author, management consultant and trainer, helping IT and other tech companies improve their processes and performance. I also specialize in CMMI® (DEV and SVC), People CMM® and Balanced Scorecard. I am a CMMI Institute certified/ authorized Instructor and Lead Appraiser for CMMI® and People CMM®. I am available on LinkedIn and I will be glad to accept your invite. For more information please click here. To get email alerts for new posts, click here to subscribe.

More on Multitasking

This is a continuation from the previous post titled: Is Multitasking Still a Skill to Boast About? Click here if you have not yet read it.

Books on Multitasking

Here are some good, easy-to-read books that explain more of the concepts and can also help you manage the situation better:

 The One Thing Book Cover The One Thing: The surprisingly simple truth behind extraordinary results by Gary Keller Amazon.com,
Amazon.in,
Flipkart
The Myth of Multi-Tasking Book Cover The Myth of Multitasking: How “Doing It All” Gets Nothing Done by Dave Crenshaw Amazon.com,
Amazon.in,
Flipkart

Other Articles on the Internet

Read more about the uselessness of multitasking in the articles listed below (links provided):

Videos on Multitasking

Here is a video that talks about why we can’t multitask efficiently.

If the video does not load use this link: https://youtu.be/BpD3PxrgICU

Here is another short video:


If the video does not load use this link: https://youtu.be/MJuXV6AD93s

Please feel free to share your views, experiences, and queries, using the “comments” feature available. You may also forward the link to this post to your friends, colleagues, and anyone else who may be interested.

Notes:

Nothing Official About It! – The views presented above are in no manner reflective of the official views of any organization, community, group, institute, or association. They may not even be the official views of the author :-).


I am Rajesh Naik. I am an author, management consultant and trainer, helping IT and other tech companies improve their processes and performance. I also specialize in CMMI® (DEV and SVC), People CMM® and Balanced Scorecard. I am a CMMI Institute certified/ authorized Instructor and Lead Appraiser for CMMI® and People CMM®. I am available on LinkedIn and I will be glad to accept your invite. For more information please click here. To get email alerts for new posts, click here to subscribe.