Showing posts with label banking. Show all posts
Showing posts with label banking. Show all posts

Wednesday, August 23, 2017

Aadhaar and Bank Account

AADHAAR and BANK ACCOUNT

Aadhaar Seeding/Linking with Bank Account

If Bank Account is Seeded/Linked to Aadhaar - it facilitates credit of various Govt. sponsored subsidy/benefit schemes such as DBT, MGNREGA directly in Bank accounts through Aadhaar Payment Bridge System (APBS).

Aadhaar Updation in Bank Account

If Aadhaar is updated in Bank Account -  Aadhaar Number is updated only in Bank records and cannot be used for receiving credits of Govt. sponsored subsidy/benefit schemes.

Moral of the Story

You should Seed/Link Aadhaar to only One Bank Account where you want to receive Govt Subsidy/Benefit/Pension etc.

However - You may Update Aadhaar in all your Bank Accounts

(Above based on information recieved from my Bank)

Saturday, October 15, 2016

DIGITAL INDIA – Hype and Reality

DIGITAL INDIA – Hype and Reality
Musings
By
VIKRAM KARVE

After being elected to power by a huge mandate in May 2014 – Prime Minister Narendra Modi and his Ministers have taken many initiatives for the betterment of India.

One such initiative is “Digital India” – which envisages extensive use of information technology for better governance.

The positive effects of adopting technology in governance are visible in certain ministries/organizations – notably Indian Railways, Ministry of External Affairs (MEA) and many Municipal Bodies – which have optimally used Internet (and Social Media) to improve governance (e-governance) and speed up grievance redressal (online complaint management)

However – there are still some “laggards” who refuse to adopt modern technologies to improve governance – they prefer to remain antiquated and backward – and they continue to use the obsolescent “paper based system” instead of “online governance”.

To be successful – the “Digital India” initiative needs to be all-encompassing and must include all organizations (particularly government run organizations) – especially those organizations which provide services to citizens.

A few technophobic regressive organizations should not be allowed to derail or impede the “Digital India” initiative.

Recently – I discovered one such antiquated organization which is indifferent to the Prime Minister’s “Digital India” initiative – “United India Insurance Company Ltd” – which is a Government Public Sector Undertaking (PSU).

Let me tell you about my disappointing experience with “United India Insurance Company Ltd”.

A few days ago – inspired by “Digital India” – I decided to avail the “online” option to buy a Travel Insurance Policy – instead of the traditional “Agent Hard-Copy” which I had used in the past for buying insurance policies.

In the past – I had taken a Travel Insurance Policy from “United India Insurance Company Ltd” in the past (via an agent).

So – I decided to take an “online policy” from the same insurance firm – “United India Insurance Company Ltd”.

Accordingly – I opened the “United India Insurance Company Ltd” website on the internet and I saw an option for buying “online policies”.

So – I filled in the necessary online forms – and – I made the required online payment for the policy.

The payment was successful and I was allotted at “Transaction ID” by “United India Insurance Company Ltd”.

I also received an SMS from my Bank that the amount had been debited to my account and credited to “United India Insurance Company Ltd”.

I was given to understand that online insurance policies are generated instantly and forwarded by email immediately.

However – I did not receive any email from “United India Insurance Company Ltd”.

Also – I did not receive any SMS intimation from “United India Insurance Company Ltd” regarding issue/generation of the online policy.

I decided to wait for a day.

Next morning – I checked my email.

There was no email from “United India Insurance Company Ltd”.

I accessed the website of “United India Insurance Company Ltd” and navigated to the page titled “Download/Search Facility for Online Policies”.

I entered my “Transaction ID” and queried for the Status of my Online Policy.

The Status Report stated the online payment was “successful” (in the “Payment Gateway Information” column).

Under “Payment Process Status” the status was: “Your Payment Synced into our System”

Under the “Policy Generation Summary” the status was: “The policy is not yet generated”

This was 4 days ago.

Since then – there has been no communication from “United India Insurance Company Ltd” – No Email – No SMS – No Call – regarding my online policy.

Despite “successful payment” and “payment synced into system” – the status remains the same – and – the policy has still not been generated by “United India Insurance Company Ltd”.

Online Policies are supposed to be generated immediately.

More than 4 days have passed – but – “United India Insurance Company Ltd” has still not generated my policy.

I have sent 3 reminder emails to “United India Insurance Company Ltd” on both the Email IDs: online.policy@uiic.co.in  and support.onlinepolicies@uiic.co.in  mentioned on “United India Insurance Company Ltd” website.

But – I have not received any reply to my emails from “United India Insurance Company Ltd” till today.

The “United India Insurance Company Ltd” Toll Free Helpline 180042533333 does not respond.

Most Private Firms use the Social Media (especially Twitter) effectively to engage with customers and resolve their grievances.

I have observed that many Government Organizations/Entities are active on the Social Media – especially on Twitter – and they respond to Tweets by citizens for grievance redressal and complaint management – besides disseminating information.

Notable among these techno-savvy organizations are Ministry of External Affairs (MEA) and Indian Railways – even the concerned Ministers personally tweet and respond to citizens.

However - “United India Insurance Company Ltd” seems to be an exception.

“United India Insurance Company Ltd” has got a Twitter Account (@UnitedIndiaInsu)

But – the “United India Insurance Company Ltd” Twitter Account seems to be dormant (the most “recent” tweet is on 07 March 2013 – more than three and a half years ago).

This indicates that “United India Insurance Company Ltd” does not believe in “Tweet Governance” which is being adopted in a big way as to facilitate “Digital India” by many progressive organizations.

I have tweeted to (@UnitedIndiaInsu) “United India Insurance Company Ltd” regarding my problem – but there was no response to my tweets from “United India Insurance Company Ltd”.

It seems to be a similar state of affairs on Facebook too.


CONCLUSION

1. I applied for a “United India Insurance Company Ltd” online policy on 11 Oct 2016. Payment was successful and “synced” into their system. Yet – the online policy has not been issued till today 15 Oct 2016 – more than 4 days after online payment. As per rules – online policies are required to be issued immediately and sent by email. But – “United India Insurance Company Ltd” has not sent any email or SMS regarding my policy.

2. “United India Insurance Company Ltd” does not respond to my emails.

3. “United India Insurance Company Ltd” does not respond to my Tweets.

I feel helpless.

What should I do…?

Even “United India Insurance Company Ltd” Toll Free Number is Unresponsive.

A friend suggested that I should write a hard-copy letter and send it by snail-mail (by postal service) to “United India Insurance Company Ltd” Head Office.

He feels that since “United India Insurance Company Ltd” is a Government PSU – “United India Insurance Company Ltd” may not have made a transition into the modern “Digital Age” – and – “United India Insurance Company Ltd” may still be in the antiquated “Paper Age”.

But – I cannot wait for “paper correspondence” – since I have to travel next week (for which I need the insurance policy).

So – since “United India Insurance Company Ltd” has not issued an online policy in a timely manner – the only immediate option for me is buy another policy from a Private Insurance Company – and later – I can initiate a protracted paper correspondence with “United India Insurance Company Ltd” for a refund.

But one thing is sure.

In future – I will avoid “United India Insurance Company Ltd” and other Government PSUs who refuse to adopt “Digital India”.

The whole nation is trying to move ahead with “Digital India” – and – many Government Entities have adopted “Digital India” in a big way.

Why do a few “techno-phobic” organizations like “United India Insurance Company Ltd” refuse to adopt modern technology…?

Why are they reluctant to be a part of “Digital India”…?

I hope the Government does not allow a few “bad apples” to undermine the “Digital India” effort which requires the participation of all to be a success.

All Government Entities (including archaic PSUs like “United India Insurance Company Ltd”) must be made adopt modern online technologies and make “Digital India” implementation a success.

Do you agree…?

PS:

Dear Reader – In case you know some someone in “United India Insurance Company Ltd” – will you be so good as to forward this post to him/her…?

If you do this – maybe “United India Insurance Company Ltd” will be kind enough to issue my online policy at the earliest and send it to me by email. Or – at least – they will show me the basic courtesy of replying to my email or send me an SMS informing me of the status.

Will “United India Insurance Company Ltd” adopt “Digital India”…?

Will they become active on the Social Media (Twitter)…?

Well– it seems a tall order – but – I am always optimistic… 

Friday, November 15, 2013

SWIFT CODE of BANKS

SWIFT CODE OF BANKS

SWIFT code is a standard format of Bank Identifier Codes (BIC) and it is unique identification code for a particular bank.


These codes are used when transferring money between banks, particularly for international wire transfers. Banks also used the codes for exchanging other messages between them.


The SWIFT code consists of 8 or 11 characters (When 8-digits code is given, it refers to the primary office)

SWIFT CODE comprises following:

• First 4 characters - bank code (only letters)


• Next 2 characters - ISO 3166-1 alpha-2 country code (only letters)


• Next 2 characters - location code (letters and digits) (passive participant will have "1" in the second character)


• Last 3 characters - branch code, optional ('XXX' for primary office) (letters and digits)


For example the SWIFT Code of HDFC Bank is: HDFCINBBXXX

HDFC - Bank Code
IN - Country Code for India
BB - Location Code (Bombay - now called Mumbai)
XXX - Primary Office Branch Code

and the Swift Code of State Bank of India Pune Branch is: SBININBB238

SBIN - Bank Code
IN - India
BB - Bombay
238 - Branch Code

For more details of Swift Codes of Banks in India click the link below:


http://www.theswiftcodes.com/india/



NB:

A sudden "googly" from my Seafarer son who rang up from the high seas and urgently wanted to know the "Swift Code" of his bank put me in a tizzy and I found out the information which I am sharing for benefit of all those ignorant guys like me.

This is the power of internet where you can instantly find information literally at your fingertips. In earlier days, you would probably have to trudge down to your bank to find out, and, sometimes, even those guys at the branch would be clueless.

Monday, June 17, 2013

DEATH OF A PUNTER

DEATH OF A PUNTER
Fiction Short Story
By
VIKRAM KARVE


From my Creative Writing Archives:

Here is one of my recent pieces of creative writing -- a fiction short story I wrote sometime in the year 2011, on a day the stock market was fluctuating wildly. 

Do tell me if you liked the story.


He was not a Bull. 

He was not a Bear. 

He was a Punter. 

Yes, that’s we nicknamed him: “Punter”.

He did not bother about gobbledygook like fundamentals or technicals. 

He did not have an inkling of financial algorithms and risk heuristics and never “analyzed” – he just speculated by sheer gut feeling.

He instinctively knew how to time the market. 

That’s why he always made money, whether the stock market boomed or crashed.

He had made so much money that he could have retired and enjoyed a luxurious lifestyle, but then, he had got addicted to making money by playing the stock market.

Yes, he got a kick out of “making” money rather than “enjoying” his money. 

So despite his advancing years he kept on playing the market with more and more vigor and continued to make more and more money. 

Earlier he would spend his entire time in the ring at the Stock Exchange on Dalal Street. 

Now he would sit all day, all stressed up, in his room, glued to his TV, flipping all the financial channels, his fingers on his laptop for instant online trading via the internet. 

He had no interests, no hobbies, no pleasures, no loves – he just enjoyed one thing – playing the stock market and making money. 

One day his lifestyle took its toll and he had a heart attack. 

They rushed him to the best hospital in Mumbai and they all said he would require a bypass surgery. 

So they admitted him to the best room in the hospital. 

Instead of relaxing there, he sat whole day watching the stock-market channels on the wall-mounted TV, doing feverish online trading on his laptop and he continued making a lot a money and he was very happy.

But the doctors were not happy and said that all this share-market business was causing him a lot of excitement which was not good for his already erratic heart, so one morning they suddenly removed the TV and the laptop and even banned all visitors except me and his son, who was a successful investment banker.

“Total rest,” the doctors warned all of us, “he needs total rest, both mental and physical, and only then will he be able to stabilize and be ready for the surgery.”

It was the first time he had to suffer a day of total rest isolated from the outside world and it was the worst day of his life. 

The entire morning he kept asking about stock prices and asked me for my cell-phone to connect up and find out, but I refused since we were told to strictly isolate him from that world. 

I could realize that he was passing though hell, unimaginable mental agony at not getting information about the very thing that had been his bread and butter, even the raison d'etre of his existence.

After lunch he dozed off, and then he suddenly he woke up and asked me, “What is the time?”

“2:30,” I said.

“Good. There is still time. I want to speak to my son.”

“He is coming at 4...”

“No. I want to speak to him now. It is urgent.”

“He’ll be busy now, in his office…”

“I told you it is urgent. Just get him on the phone…” he said excitedly, his breathing getting heavy.

“Okay. Okay. Calm down,” I said. 

I dialled his son’s mobile number.

When the son picked up the phone, I asked him to speak to his father.

“Sell all shares,” the man shouted at his son via the mobile phone.

“What?” I could hear his son’s surprised voice.

“Don’t ask any questions. Just do what I say. Sell all my shares, understand, all my shares, everything. Do it now. Today. Before the closing bell. Sell everything online. Right now. You know the user id and password of my account, don't you...”

“Okay, Papa,” I could hear his son’s voice before he disconnected.

He kept on pestering me to ring up his son and confirm that his son had done what he told him.

So I rang up his son half an hour later.

“Yes, Papa, I have sold all the shares in online trading,” the son confirmed.

The old man seemed tremendously relieved and went to sleep peacefully.

That night, at home, sitting before my TV set, I watched with concern as all the share-market experts on the financial channels predicted that the market was very solid and bullish.

They all recommended that everyone buy shares as the market was going to go up and up. 

“Invest ... Invest ... Invest ... Buy ... Buy ... Buy ...” all the experts said in unison. 

All the experts predicted that though the market was at an all time high, things were looking so good that it was going to rise phenomenally and your investment would probably double in a few months.

They kept quoting analysis in jargon I never understood to substantiate their predictions.

Next morning exactly the opposite happened.

The stock-market crashed. 

It was the biggest fall ever in the history of the share-market. 

Most investors were wiped out. 

Everyone incurred huge losses. 

Yes, everyone was wiped out, except the old man and me.

Did I say: “The old man and me?” 

Yes, Dear Reader, I did say “The old man and me ...!” 

You’re surprised, aren’t you? 

Let me tell you what I did. 

The moment the Punter had finished speaking to his son, I went outside the room and I called up my broker and told him to immediately sell off all my shares.

The Punter had made a huge profit and, as always, along with him, I too had made a small fortune. 

As always, I had blindly followed the Punter and, as always, I had profited by blindly imitating whatever he did in the stock market.

The moment he heard the news (from a careless nurse who told the old man that the hospital was abuzz with news of the stock-market crash) the Punter got so excited that he almost went crazy with excitement and happiness. 

The frenzy of ecstasy caused his blood pressure to go haywire, his heartbeats ran amok.

And suddenly, he collapsed and died.

I gave a condolence speech at the old man’s funeral in which I praised him profusely.

I told everyone how I had made a fortune in the stock-market by just following him blindly.

Later, the old man’s son took me aside and asked me, “Did you really sell all your shares?”

“Yes,” I said, “I had blind faith in your father.”

“I wish I had blind faith in his mysterious ways. But I am an investment banker. I don’t go by sheer gut instinct, like my father did. I analyze things. I never imagined the stock market would crash so badly. In fact I thought the market would go up and it would be foolish to sell such excellent blue chip shares. So, I never sold those shares. I am big fool. Had I listened to him and sold all the shares I would have made a big fortune. But I did not sell those shares,” said the young man, with a tone of regret in his voice.

“You never sold the shares?” 

“No.”

“Then why did you lie to him?”

“Because I wanted him to die happy. I lied to my father because I wanted my father to die a happy death.”

VIKRAM KARVE
Copyright © Vikram Karve 2013
Vikram Karve has asserted his right under the Copyright, Designs and Patents Act 1988 to be identified as the author of this book review. 
© vikram karve., all rights reserved.

Disclaimer:
All stories in this blog are a work of fiction. The characters do not exist and are purely imaginary. Any resemblance to persons, living or dead, is purely coincidental.
NB:
No part of this Blog may be reproduced or utilized in any form or by any means, electronic or mechanical including photocopying or by any information storage and retrieval system, without permission in writing from the Blog Author Vikram Karve who holds the copyright.
Copyright © Vikram Karve 2013 all rights reserved

Did you like this story?
I am sure you will like the 27 short stories from my recently published anthology of Short Fiction COCKTAIL
To order your COCKTAIL please click any of the links below:
http://www.flipkart.com/cocktail-vikram-karve-short-stories-book-8191091844?affid=nme
http://www.indiaplaza.in/cocktail-vikram-karve/books/9788191091847.htm
http://www.apkpublishers.com/books/short-stories/cocktail-by-vikram-karve.html
COCKTAIL ebook
If you prefer reading ebooks on Kindle or your ebook reader, please order Cocktail E-book by clicking the links below:
AMAZON
http://www.amazon.com/dp/B005MGERZ6
SMASHWORDS
http://www.smashwords.com/books/view/87925

Foodie Book:  Appetite for a Stroll
If your are a Foodie you will like my book of Food Adventures APPETITE FOR A STROLL. Do order a copy from FLIPKART:
http://www.flipkart.com/appetite-stroll-vikram-karve/8190690094-gw23f9mr2o

About Vikram Karve

A creative person with a zest for life, Vikram Karve is a retired Naval Officer turned full time writer and blogger. Educated at IIT Delhi, IIT (BHU) Varanasi, The Lawrence School Lovedale and Bishops School Pune, Vikram has published two books: COCKTAIL a collection of fiction short stories about relationships (2011) and APPETITE FOR A STROLL a book of Foodie Adventures (2008) and is currently working on his novel and a book of vignettes and an anthology of short fiction. An avid blogger, he has written a number of fiction short stories and creative non-fiction articles on a variety of topics including food, travel, philosophy, academics, technology, management, health, pet parenting, teaching stories and self help in magazines and published a large number of professional  and academic research papers in journals and edited in-house journals and magazines for many years, before the advent of blogging. Vikram has taught at a University as a Professor for 15 years and now teaches as a visiting faculty and devotes most of his time to creative writing and blogging. Vikram Karve lives in Pune India with his family and muse - his pet dog Sherry with whom he takes long walks thinking creative thoughts.

Vikram Karve Academic and Creative Writing Journal: http://karvediat.blogspot.com
Professional Profile Vikram Karve: http://www.linkedin.com/in/karve
Vikram Karve Facebook Page:  https://www.facebook.com/vikramkarve
Vikram Karve Creative Writing Blog: http://vikramkarve.sulekha.com/blog/posts.htm
Email: vikramkarve@hotmail.com
Twitter: @vikramkarve
      
© vikram karve., all rights reserved.

Friday, May 10, 2013

CUSTOMER CARE


CUSTOMER CARE
Musings on Complaint Handling and Grievance Redressal
By
VIKRAM KARVE

An Efficient Customer Service Management System or Grievance Redressal Mechanism comprises five aspects:

1. It must be easy for you to lodge the complaint. 

This can be either on phone or SMS or by email or on the website. (In today’s world of the internet, online grievance management mechanism is a must and the days of writing letters, submitting written applications and using snail-mail are a thing of the past)

2. Your grievance must be acknowledged in a prompt manner. 

This is best done by a prompt call or SMS or an email giving you a reference token number to enable you to monitor the progress of redressal of your grievance / complaint.

3. You must be kept informed and updated regarding the status of your complaint 

It must be easy for you to monitor the progress of your complaint as it is processed in the grievance redressal system.

4. Your grievance must be resolved to your entire satisfaction in a time bound manner.

A sincere and transparent attempt must be made by the customer care department to achieve “customer delight” by a mutually agreeable reconciliation of the complaint and insidious attempts to browbeat, bully, harass or confuse the customer must be avoided.

5. Your feedback and suggestions must be sought. 

As a part of continual improvement a good customer care department always asks for post grievance redressal feedback and suggestions, acts on the comments of the customer and keeps the customer informed. Rather than just ring up the customer, it is better to obtain feedback by email or in a prescribed format. This enables the customer to give comprehensive feedback and ensures that the feedback is properly recorded for future action.

At present, we are experiencing a customer service issue with Axis Bank for the past 3 months.

We are stuck at stage 3 - we are kept informed of the status but our complaint is not being resolved. It looks like things are moving in circles.

We patiently wait for our complaint to be resolved.

Let's see how things progress. 

We hope Axis Bank values Customer Care and makes a genuine attempt to resolve my grievance. 

Maybe, it will make an interesting case study.

Wednesday, January 9, 2013

CAREER GUIDANCE - HOW TO SELECT THE RIGHT JOB

CAREER GUIDANCE
HOW TO SELECT THE RIGHT JOB
A VALUE BASED APPROACH
By
VIKRAM KARVE

One of the greatest misfortunes in life is to be good at something you don’t like. 

You may be proficient in mathematics, but you may hate mathematics.

You may be competent HR or PR Manager possessing excellent communication skills and busy interacting with people every minute of the day, but in your heart you may love a life of solitude and contemplation. 

In order to be able to select the right career, one has to reflect, analyse, know one’s inner self, and be able to clearly distinguish between what you are good at doing (proficiency, competence) and what you enjoy doing, love to do and what you want to do in life (interests, values). 

When I was in school, in the 1960s, there was no concept of career counselling or vocational guidance.

All the boys were herded into the Science Stream (unless one was very poor at mathematics) and all the girls were considered suitable for Humanities (unless she put her foot down and insisted on studying science).

Then, as a boy, if you were in science and did well, the options were Engineering or Medicine, and most of us continued being good at something we did not like. (The girls mostly studied arts while they waited to get married).

And much later in life we discovered what we truly liked and then, if we had time, we pursued what we really wanted to do (our true métier) as hobbies.  

Fortunately, nowadays things are different. 

Young persons have plenty of choice and opportunity to choose what they want to do.

If you are on the verge of choosing your career, the first thing to do is to develop a concept of the person you would like to be – introspect and try to discover your life orientation. 

LIFE ORIENTATION

If your want to enjoy your work take care to ensure that your choice of career is in alignment with your LIFE ORIENTATION.

Your life orientation comprises three factors: SKILLS, INTERESTS and VALUES.

If you choose a career that enables you achieve success facilitating optimal utilization of your best skills, doing the kinds of work that relate to your favourite interests and in consonance with your core values, you will derive total work-life balance and job satisfaction.  

In order to find out your orientation in life you have to know yourself.
Go to some quiet place, sit down comfortably, close your eyes, and reflect on the aspects below to discover your skills, intesrests and values. 

SKILLS

As a first step to determining your Orientation in Life focus on the various skills you might have.

Introspect and list your SOFT SKILLS and HARD SKILLS. 

Soft Skills: pertain to the intuitive, creative and emotional right side of the brain.

Hard Skills: emanate from the analytical and logical left side of the brain.
Are you a Soft Skills person or a Hard Skills person or a hybrid blend of both?

Which types of skills predominate?

Think of your best skills.

Prioritize them and make a list of all your skills in order of precedence.  

INTERESTS

Now list all your interests and put them in order of your preference, just as you did with skills.

How do you discover your interests?

Assume you have enough leisure and plenty of time and lots of resources – what would you do?

How you like to spend your leisure gives a clue to your interests.

Will the career you choose enable you to satisfy your interests at the workplace or will you have enough leisure and resources to pursue them on your own in your spare time.

VALUES 

Now, focus on discovering your values.

Values are core beliefs which guide and motivate attitudes and behaviour.

When you value something you want it (or want it to happen).  

Values are relatively permanent desires.

Values are our subjective reactions to the world around us.

Values are answers to the “why” question. 

You keep on asking yourself the “why” question until you reach a point where you no longer want something for the sake of something else. 

At this point you have arrived at a value.

Let’s take an example.

I was once teaching a Post Graduate Professional Programme at a premier university, a centre of excellence.

I asked a student, “Why are you doing this academic course?”  

“To gain qualifications,” he answered.  

“Why do you want to gain qualifications?”  

“To succeed in my career.”  

“Why do you want to succeed in your career?”  

“To reach the top.”  

“Why do you want to reach the top?”  

“To get power.”  

“Why do want do you want power?”  

“To control people,” he answered.  

“Why do you want to control people?”  

“I want to control people.”  

“Why?”  

“I like to control people.”  

“Why?”  

“Just for the sake of it – I like controlling people,” he said and repeated why questions elicited similar responses related to control.

Control for the sake of control – that’s when you discover your value.

I realized that control was one of his cardinal values and maybe he was a future megalomaniac in the making! 

The same line of questioning of persons undergoing higher education may reveal values like knowledge, money, status, standard of living, quality of life, ambition,achievement, growth, reputation, excellence, fame.

Your personal list of values may include values like honesty, integrity, loyalty, prestige, happiness, friendship, family life, achievement, independence, education, power, money, independence, freedom and so on.

Now prioritize your values in order of importance to discover your CORE VALUES - your most important cardinal values.

Remember, there cannot be any “partial” values; for example: you cannot be 50% honest (half-honest) – either you are honest or you are not honest!

Your values are possibly the most important thing to consider when you're choosing an occupation or workplace. 

That is because you can compromise your values but you cannot change your values.  

If you do not take your values into account when planning your career, there's a good chance you will dislike your work and therefore not enjoy it.

SELECTING A CAREER

Introspect over your skills, interests and values.

If you have conscientiously created and prioritized your lists, you have learned something about yourself and ascertained your orientation in life.  

Whilst considering and selecting a career you must thoroughly evaluate as to what degree the career-attributes are compatible with your orientation in life.  

Let’s take an example.

Suppose your priority SKILLS include hard skills like mathematical and analytical ability, and soft skills like leadership and communication skills. 

Your INTERESTS include travel, adventure, photography and good food. 

And your most important VALUES are family life, prestige and achievement.

Now let’s consider various career options.  

Consider a career as a deck officer in the merchant navy.

Your skills and interests seem to be ideally suited but there is mismatch, a conflict, between the demands of the career in the merchant navy and your most cherished core value – “Family Life”.

Perhaps, if your most important values were money, independence and prestige, the overall harmony and compatibility of your values, skills and interests with the career-attributes would have made merchant navy an ideal career option for you.

In practical life you may not be always able to avoid value versus career conflict in all cases but being aware of this fact will help you come to terms with realities and mitigate the conflict and also contemplate a career-shift in consonance with your value orientation whenever feasible.  

Your values are the most important and critical aspect of your career orientation.

If you want to enhance certain skills, you can work on it and acquire those skills.

Similarly, you can change your interests or develop new interests, devoting time and resources to those interests you would like to create, acquire or strengthen. 

Skills can be learned, interests can be developed, but values are intrinsic.

It is very difficult to change your core values.

You may compromise your values, but you cannot change them.

CAREER GUIDANCE

Before you choose your career, introspect and ascertain the compatibility, congruence andharmony between the career and your orientation in life (comprising your skills, interests and values).  

Don’t make a hasty decision or you may find yourself on the wrong road and then it may be too late to turn back.

Devoid of intrinsic motivation to purse a career which is not in harmony with one’s orientation in life, but caught up in the need to gain parental affection,materialistic rewards, extrinsic recognition, peer pressure and societal acceptance, young people often enter careers that may not offer them true inner happiness and fulfilment that evolves from harmonious work-life balance. 

Thus, though they may appear outwardly successful, inwardly they lament over the reality of inner dissonance owing to work-life imbalance.

Let your inner conscience be your guide and resist temptation and undue pressures from elders and peers.

Choosing a career which you love, doing a job you enjoy which is not in conflict with your values and lets you realize your full individuality and creative potential will enable you to achieve a sense of fulfillment. 

Do interact with career counselors, talk to your parents, elders, peers and take their advice, but remember to distinguish between the “hard” and the “soft” facets of career attributes.

Read some good books on career guidance.

My favorite is a book called What Color Is Your Parachute by Richard N. Bolles. It is updated and published every year. It is a fascinating read and will help you discover your true métier. 

And why not take a few career tests?

You can either visit a career guidance counsellor or psychologist who will administer relevant tests to you. Or try the online tests. My favorite one is The Princeton Review Career Quiz which is available online. 

It is a simple, fast, interesting and effective forced choice test which presents you with interesting career options.

I gave the test sometime ago, and the results say that my interest color is Blue, which means I am a creative, humanistic, thoughtful, quiet type, and my usual style is Yellow, which means I tend to be orderly, cautious, loyal, systematic, methodical, solitary, and organized and will thrive in a research-oriented, predictable, established, orderly environment.

As per the test results, my career choices include Writer, Librarian, Philosopher, Teacher, Professor, Researcher, College or School Administrator, Human Resources Manager, Guidance Counsellor, and, yes, I am supposed to be an ideal Career Counsellor.

Am I one of these? 

Well, I am not going to tell you.

I wish you all the best.

Have fun, introspect and learn more and more about your own self.

Take your time, think, discuss, read, experiment, reflect, and discover your true métier in harmony with your interests and values and inner self.

Choose your career wisely. 

Remember, one of the greatest misfortunes in life is to be good at something you do not like. 

So while selecting your career you must reflect, analyse, and you must be able to clearly distinguish between:
what you are good at doing (proficiency, competence)
as opposed to
what you enjoy doing (interests, values) - what you love to do and what you want to do in life. 

A career can be very satisfying if you have made the right choice.

Like the famous adage that goes: 

If you choose a job you love, you don’t have to work a single day in your life.

On the other hand, a wrong decision can leave you regretting and wishing that you had trodden a different path.

All the Best in discovering your true métier – I wish you a fulfilling career that suits you and work which you love.

VIKRAM KARVE
Copyright © Vikram Karve 2012
Vikram Karve has asserted his right under the Copyright, Designs and Patents Act 1988 to be identified as the author of this work. 
© vikram karve., all rights reserved.

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About Vikram Karve

A creative person with a zest for life, Vikram Karve is a retired Naval Officer turned full time writer and blogger. Educated at IIT Delhi, IIT (BHU) Varanasi, The Lawrence School Lovedale and Bishops School Pune, Vikram has published two books: COCKTAIL a collection of fiction short stories about relationships (2011) and APPETITE FOR A STROLL a book of Foodie Adventures (2008) and is currently working on his novel and a book of vignettes and an anthology of short fiction. An avid blogger, he has written a number of fiction short stories and creative non-fiction articles on a variety of topics including food, travel, philosophy, academics, technology, management, health, pet parenting, teaching stories and self help in magazines and published a large number of professional  and academic research papers in journals and edited in-house journals and magazines for many years, before the advent of blogging. Vikram has taught at a University as a Professor for 15 years and now teaches as a visiting faculty and devotes most of his time to creative writing and blogging. Vikram Karve lives in Pune India with his family and muse - his pet dog Sherry with whom he takes long walks thinking creative thoughts.

Vikram Karve Academic and Creative Writing Journal: http://karvediat.blogspot.com
Professional Profile Vikram Karve: http://www.linkedin.com/in/karve
Vikram Karve Facebook Page:  https://www.facebook.com/vikramkarve
Vikram Karve Creative Writing Blog: http://vikramkarve.sulekha.com/blog/posts.htm
Email: vikramwamankarve@gmail.com
      
© vikram karve., all rights reserved.