Entrepreneur Geek

Nirav Mehta on life, technology and future

What Would Buddha Do – Part 3

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Continuing in the series, here’s what Buddha would have said about being an employer, effectively handling customers and capital & assets.

Buddha’s Basics on being a good boss or employer

  • Assign work employees can manage.
  • Keep them challenged by assigning special projects, cross training, or job rotation.
  • Give employees free food and enough money. Productivity and health are related.
  • Support them in sickness.
  • Share the bounty. Profit-sharing and other means of sharing the wealth will let your people know you appreciate their efforts.
  • Grant leave when appropriate. People are not machines and should not be treated as such.
  • Recognize that every person learns differently and at a different pace.

Buddha’s tips on effective handling of customers

  • Buddha would see customer service staff as the most important people in the organization.
  • Customer service staff need to practice compassion.
  • Make the customer’s day and it will make yours.
  • Listen. Take notes so the customer will not have to repeat his story to your boss.
  • Emphasize what you can do for the customer, not what you can’t do.
  • Get help from a coworker or from your boss.
  • Commit to what you can do to fix the problem.
  • Keep to your commitment and do what you said you would do.
  • You need customers to survive. Do not deliver anything less than quality.

Buddha’s notes on capital & assets

  • Never abandon what can still be useful.
  • Select and hire carefully. People must be cultivated for long-term, and not dumped at the first sign of tough times.
  • Be moderate in consuming resources. Recycle paper.
  • Real success depends on the virtue and character of leaders.
  • Never give money to those who would misuse it. Give it first to the shareholders and employees who helped you make the profit.
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Written by Nirav

May 29th, 2008 at 11:54 am

 

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