Archive for January, 2010

The Working Culture of Stock Trading Community

January 29th, 2010

 

Stock Trading Community is the most important trading community all over the world. Major global businesses are controlled by this community. And with the upcoming of internet facilities stock trading has become easy and faster. Gone are the days when a trader had to make multiple calls to get the quote from the brokers. Now-a-days, a person sitting at his home can watch his growth at the stock market. Due to this convenience the stock trading community is growing massively. In other words, we can say that this community has revolutionised the whole stock trading fashion.

 

As everybody knows what kind of work takes place in the stock market. It is quite easy to comment about this community that they only do buying and selling of stocks, products, bonds, mutual funds etc. However, the trading community has got a very hectic and chaotic working environment. There’s much to learn about the working culture of stock trading community. We often find many researchers doing research work on these communities and in their studies they have found that it is the result of this trading community which has formed the current “Day Trading Stocks and Indices”. Day Trading refers to buying and selling of stocks or securities within the same day.

 

Some of the other trades generated by the stock trading community are betting trade,forex trade etc. People in these communities are always busy. Many of them win as well as others loss. Brokers in this field are the strong mediators who carry out the process of trading between the participating investors. It is always good for traders to have experience brokers for the investment procedure. Brokers make the necessary arrangement for buying or selling of commodities. They also provide support and assistance to traders. However, it is suggested that traders should also keep proper observation at the broker’s work. For this purpose traders can use their personal computers to keep track at the brokers and stock market.

 

Hence, the working culture of stock trading community contributes much to the growth of our economy and we can learn much from it.

 




By: David Jose

Home Away From Home at India Community Center

January 29th, 2010

When Neha Kothari, 27, moved from Mumbai, India, to the San Francisco Bay Area two years ago to join her husband, she was excited to begin a new chapter of her life in a place with natural beauty, a bustling nightlife, all genres of restaurants, new people and a one-of-a-kind social ambiance.

But shortly after arriving, Neha found herself feeling disconnected and lonely. “In India, I was used to always having people around. I could call friends or neighbors and drop by for tea at any hour,” Neha recalls. “When I got here, I didn’t have a job or a community. I used to watch TV for seven hours a day. When my husband got home after a long day at work wanting to relax, I would sit and talk non-stop, because I had no other human contact.”

Determined to find a place in her new homeland, Neha began inquiring about places to get involved, and a friend directed her to the India Community Center in Milpitas. Neha immediately visited the ICC website, and found not only a host of activities to get involved with, but also a perfect job opening as the marketing manager.

It was a huge change from the corporate IT world she had been a part of in India. Now, after being with ICC for more than two years Neha can’t imagine being anywhere else. “Every morning, I wake up feeling confident about what I do. When I talk about ICC to anyone both from mainstream and Indian society, I feel 100 percent positive about it,” Neha says with a glowing smile. “(Since working here and watching different generations interact), I feel it’s extremely important for the generation after mine to stay in touch with (their heritage) language. It’s important for everyone to stay connected.”

In addition to her role as marketing manager, Neha still gets to put her computer skills to use. “Each week I teach the seniors how to use computers. When I sit with them, I feel like I am giving back. They are really sweet!” she gushes. “I think about my own parents reaching that age. If they were at home they’d only be able to watch TV or go for a walk. Here, the seniors knit, play pool…they have discussion groups and potlucks; they have a life of their own.”

When the end of Neha’s workday approaches, Neha rarely finds herself rushing out the door. Instead, she stays late and even comes back on weekends to tap into the programs and services. Neha is particularly fond of the fitness center, where she takes classes in Bollywood dance, aerobics, yoga and kickboxing. Neha highly recommends the Bollywood class to everyone. (However, if you do opt to try out a class, you’d better arrive early!) Whether it’s 9 am on Saturday, 11 am on Sunday or 7pm on Thursday, the Bollywood dancers mean business. The first-come, first-serve classes fill up to the 30-person capacity for nearly every class. Neha’s instructor Samitra Pradhan, 36, takes great pride in teaching the ICC’s most popular class.

“I’ve always been into fitness and dance. A lot of women feel good about themselves when they dance. The moves I teach are simple enough for everyone to catch on. It sets them up to look good,” Samitra says. “On top of that, there’s the community aspect. People get to meet on a regular basis, exchange success stories and form a community.”

Aside from dance classes and the opportunity to connect with community, there’s something for everyone at the ICC. Since the new state-of-the art, trendy Milipitas, Calif. India Community Center ICC opened its doors on July 1, the concept of community has become extra hip. After signing in, you can walk into the colorful, comfy lobby, grab a cup of chai or coffee and a snack and chill on a couch., You can also chat with the other visitors and members or even get some work done by tapping into the free wi-fi. Walk in a little further, and you’ll find a multi-purpose large hall with a built-in stage and an ambiance that makes it an ideal venue for a hip party, a fancy reception, or a partyfancy reception or party. If you’d like your picture taken, the charming 92-year- old volunteer photographer will be happy to take it for you. The center provides a refreshing intergenerational experience for everyone. Walk down the hall, and you’ll find children enjoying youth camp activities, and senior citizens discussing the current events or exchanging stories and tips with about on how to navigate the cultural changes in the U.S. as they enjoy a home-cooked or pot-lock-style lunch. Walk into the fitness center run and managed by Club-One and you’ll find 20 and 30- somethings along with a sprinkling of older and younger folks working out. Look a little further and you’ll even find a free -health clinic for those without insurance. It is a refreshing intergenerational experience.

Executive Director Chitra Vivek couldn’t be happier. She left the corporate world to join the ICC, thinking this would be the perfect opportunity to give back to the community.

“I’d like everyone to experience (the ICC) and belong. Our community never had this kind of a community-centric facility before. This is great for all ages,” Chitra says. “India is about family. Our culture itself is about family. That is a legacy we want our next generation to carry on.”

In looking ahead, Chitra has some ambitious goals for the India Community Center. She’d like to establish 20 satellite locations throughout California, making the services and programs accessible to even more people. Chitra also hopes to establish more young-adult and youth programs to keep Gen-Xers, Gen-Yers and subsequent generations continually engaged.

“The idea is to give people a holistic experience. My own children are 13 and 11. I want them to have a place other than temples to experience culture. We want to offer classes the second-generation are interested in, so they will want to belong,” Chitra says.

See photos and full article at

http://www.nirvanastyle.com/html/fashion_articles.php?id=121




By: Lifestyle Writer

Better Communication Skills — Silence and Violence

January 28th, 2010

Introduction

Leaders need to seek better communication skills not only for themselves and their leadership teams, but as part of the organization’s culture.  Successful change management requires getting everyone moving in one new direction.   

People will be talking with one another while you’re trying to drive change.  As a leader, you want to make sure those conversations are out in the open so that objections can be addressed and people will grow confident in your leadership. 

Better Communication Skills at the Organization Level 

What do we mean when we talk about the communication skills of an organization?  At the individual level, we know how to describe communication skills.  We talk about someone’s style, their subject matter knowledge, their ability to adapt their message to their target audience, their preparation, etc. 

In an organization, better communication skills are something we seek to build in the culture.  To be specific, we’re seeking to create a cultural norm of frequent, open dialogue.  When that’s the norm, people feel safe in raising concerns and objections, knowing that they will be heard.  

They also recognize that they are obligated to participate in dialogue, whether in meetings or less formally among their peers.  It’s part of their job, making sure they are contributing not only their labor but their expertise, insight and ideas whenever possible. 

Leaders need to look out for the two biggest barriers to better communication skills in an organization: silence and violence. 

Recognizing Silence 

Very simply, silence means people are not participating in the dialogue.  Said another way, important conversations are not happening because people are choosing not to engage in them. 

Why is silence a problem? 

Hopefully you’ve hired smart people.  It only makes sense, then, that you want and need the insights of those smart people when you’re leading a change program.  Smart people always have thoughts and opinions.  When they go silent, you lose the benefit of knowing those thoughts and opinions. 

Besides not having the input, when people are silent you don’t know where they stand.  Do they understand what you are trying to accomplish?  Are they committed to working with you and your team, or do they have reservations?  Without clear understanding and commitment, how will you bring these people along with you? 

Addressing Silence 

First and foremost, make sure you’ve created an environment where it’s safe to speak out.  Many people who turn to silence do so because they feel they may be ignored or worse yet criticized for speaking up.   

Examine your behavior — what do you do when you are challenged?  Do you fight back right away?  Or do you give considered answers and act respectful when you disagree with the challenger?  Check the same behaviors in your leadership team, and within the organization in general.  You’ve got to make it safe for people to engage.  Your behavior will set the tone. 

If you’re sure it’s safe and you see individuals are still reluctant to add their input to the dialogue of the organization, coach them individually.  Let them know how much their input is valued and needed, and thank them when they open up. 

Recognizing Violence 

In this context, violence can be described as the tendency of one or a few individuals to dominate conversations.  When there is violence, there is no chance for open dialogue.  The dominators, if there are more than one, may argue their points without effectively listening to one another.  And those who are not dominating the conversation will end up going silent, out of frustration or boredom. 

So in the end, violence begets silence.  How do you address violence? 

As a leader, maintain your own objectivity.  You’re a participant in the conversations taking place, but you must also be an observer.  Learn to step out of the discussion from time to time and assess what’s happening.  If you observe individuals dominating to the point where others are checking out, you need to intervene. 

The degree of intervention depends on just how “violent” the dialogue is getting.  It can be as simple as reminding someone to ease up a little and open themselves up to push back from others.  Or it can go all the way to having to call a time out and taking people aside to help them see that their passion is overwhelming others and suppressing good dialogue. 

The Result of Silence and Violence 

One of two things is going to happen when you don’t have open dialogue in which everyone is actively engaged.



You’ll stall. Some strong people will argue and debate ad infinitum, while others check out.  And your change strategy goes no where.



You’ll move forward.  Not everyone will be participating, but strong people will drive and dominate the dialogue and the resulting actions. 



 

Stalling will be very clear to you, and you’ll need to intervene to create safety, get people engaged, help break logjams, etc. 

Moving forward might not seem so bad, but beware.  Depending on just how many people have gone silent, there may be a time bomb in your implementation plan.  When things go wrong, as they do in any change initiative, there will be a number of people who will have effectively positioned themselves to wash their hands of all responsibility.   

As we noted earlier, just because they go silent doesn’t mean they don’t have input and opinions.  When the plan goes forward and they’ve been shouted down, or chose not to engage because they felt it wasn’t safe, they will be in a position to say “that wasn’t my idea”.   

Even though such behavior should be unacceptable, it happens way too often.  Prevent it by setting expectations around organizational communication, specifically creating a shared value for open, honest dialogue without repercussion or disrespect.

 




By: Tom O\’Dea