Friday 28 April 2017

Silence amidst the storm.

The knives are out once again. The state BJP is in for a public showdown. BS Yeddiyurappa, the party president and KS Eshwarappa, leader of opposition in the legislative council are at draggers drawn. They are fighting like cats and dogs. KS Eshwarappa is performing as a leader of the opposition to his own party. The Sangolli Rayanna brigade is the bone of contention. The Sangolli Rayanna brigade is proving albatross around the neck for Eshwarappa. The acrimony between the two leaders is too well-known. It even warranted the intervention of the party high command in the past to buy peace. This has not worked either.

But this time the animosity between them has crossed the boundaries of discipline in the party and they are flexing their muscles quite openly and to the amusement of all. This has made the opposition - Congress and JD (U) to rub hands in glee. And they are waiting in the wings to grab the spoils of this stand off in the assembly election which is staring at them just next year.

This stand off that too quite openly could have been avoided. This is causing lot of embarrassment to the cadres. It saps their motivation and zeal to work for the party. What is most intriguing and bizarre in this sordid drama is, the silence of the BJP high command. Why is it allowing this spectacle to continue?  Is it beyond its power and authority? No. It is definitely not beyond Modi-Shah might to rein in the warring leaders. There must be a method in the madness of this silence.

BJP high command is perhaps doing a very delicate balancing act. It doesn't want to be seen as in support of either leader. It therefore has rapped on the knuckles of both the leaders by divesting the responsibilities of two followers each from their groups. It has left the leaders untouched probably fearing the numbers of the communities they represent. At this point it doesn't want to rub them on the wrong side. It is also not a secret anymore in the party that national joint secretary (orgn) Mr. B L Santhosh is fomenting trouble between the two leaders in the hope that he may be anointed to the top job if the party comes to power in the next election. He has started his game well in advance.

Whatever may be the scenario, the silence of the high command so far, amidst this storm has baffled many in their own party. There may be a dark horse. Another Yogi from RSS stable may spring up. But, whatever may be the game plan of the high command, this fight between the two leaders will going to dent the party. And the assembly election in the state is exactly a year away. Memory by then may be still fresh in the minds of the people. This washing the dirty linen in public may prove too costly for a party hoping for a comeback in the state.

K.N.Krishnan.       94496 12446

Tuesday 18 April 2017

Wage revision - could it be the last one on industry level?

IBA has finally called the constituents of UFBU for a first/formal meeting on wage negotiations on 2nd May 2017. This has has happened after a series of communications to the banks and trade unions urging them to take up the matter in right earnest. Government was more eager and enthusiastic than the associations and the unions to finish the wage revision exercise. It sounds rather strange. Never in the history of banking wage negotiations that government was proactive, forthcoming and so much interested to finish the job.

This should rise the eyebrows of the trade unions and the members alike. This gives rise to a kind of apprehension as to what could be in store for them and why the government is so much interested in early settlement. There is a kind of uneasiness in the trade union circles about the urgency of the government. Is there a method in this madness? Only time will answer. Is there a sting in the tail?. All needs to be watched.

Yes. There must be a method in this madness. The recent circular in SBI which talks about fixed and variable pay for Scale IV and above is a pointer to the things that are in store in the wage settlement. By this one circular, it appears, if the government/IBA has achieved a clear and vertical division in the membership ie., one group upto scale III and another group scale IV and above. Since their interests are divided, it may become difficult for the trade unions to bring both the blocks under one umbrella for agitational action if at all they contemplate and act upon when need arises. There may be more surprises and shocks in the bag. Here, how well trade unions post merger, will act as a cohesive, consolidated and a united block assumes importance and will have a bearing on the wage revision.

The process of merger in SBI has just begun and it may take considerably long time to settle down. And there is a talk of taking up some more banks to be merged among themselves. In all probability the government will achieve its stated goal of having 5-6 large banks instead of many small banks in a few years from now. Once it achieve this goal, government may embark upon a more lethal, dangerous and difficult to imagine move of bringing down its stake below 50% ie., PRIVITISATION which we all abhor. This could be the last nail in the coffin.

The introduction of the variable pay, monetization of perks and allowances are all directed to move towards the concept called CTC (cost to company) which is in vogue in private companies and banks. The only ray of hope is - will the government let go of advantage of such a huge, well networked and powerful pan India instrument called State Bank to implement its schemes by privatization. This is the only silver lining for State Bank of India.

All these thoughts are only on imagination and not on the basis of any evidence or facts. It's assessed on the basis of the way things are happening and one action necessarily leads to a next step.

K.N.Krishnan,    94496 12446

Monday 3 April 2017

Merger happened - what next?

Whether we like it or not merger has happened. There is no point in discussing its adverse effects. We have got to focus on only the positives.

In any acquisition, merger or integration the success of it depends largely on how best, how quickly and how seamlessly the HR amalgamates.

Once this is a smooth process, managing other things like doing business, achieving targets should not be insurmountable.

Therefore, the need of the hour is a painless transition and quick assimilation, understanding and constant improvisation of each other's work ethos.

Towards this end what we can do/contribute.

1. Accord the colleagues from our associates banks a genuinely warm welcome and accept them as our own and, not as someone who has come seeking shelter or asylum. They have not sought this merger either. It was thrust upon us.

2. They would have suffered an identity loss all of a sudden and may be undergoing some emotional moments. They may be feeling a sense that they have lost somewhere. They may be having apprehensions /reservations about what may be in store for them. It is here that our responsibility/behavior comes into focus.

3. The first thing we have to do is to remove the perception that is prevalent in our minds that they are of inferior stuff. It is subjective and debatable. Neither we are foolproof. Even if it were to be a fact, there is no point in beating the dead horse. Now everything is water under the bridge.

4. Lot of talking/defreezing is required at each point of contact with our incoming colleagues right from the messenger to MD.

5. The first and the foremost thing is to make them feel at home. A feeling of bonhomie should prevail. We should never ever at any point of time send a signal / indication that they are being slighted/sidelined/neglected. Because they are already in a disturbed state of mind and may be apprehensive of things.

6. We should tell them that if they have lost something which they were the part of for many years and decades, they have lost for getting something even better.

We should tell them that they are joining an organization which has an illustrious pedigree, a glorious past and a bright future. The brand value of State Bank in the market and the concomitant esteem it brings to the employees should be highlighted to them.

7. We should also tell them/sell them advantages of being a State Banker and any monetary/pecuniary benefits that may accrue to them.

8. HR department has a onerous task of managing this churn and to see that the dust settles down quickly and people get into brass tacks soon. They have to do lot of talking and explaining if necessary at the time of transfers to suspend the impression of second rate treatment if at all they are nursing the same.

9. Organisations viz SBIOAK, SBSU and SEWA can also complement the efforts of the Bank in this onerous task. Bank may rope in these organizations and send them on errands making teams comprising of representatives of all the three organizations. They should act as Ambassadors of merger.

10. Anybody involving in the above exercise will be according to me is doing a great service to the bank. Because this is the most crucial period, a period of confusion and chaos if handled with maturity and statesmanship will go a long way in building a strong State Bank.

I wish, it is a smooth and seamless transition for this great institution.

K.N.Krishnan.   9449612446