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1 SKILLS BEYOND CA Dr. Varadraj Bapat Faculty in Accounting and Finance, Indian Institute of Technology, Mumbai [email protected] 9869083118/ 9892413119

Skills Beyond CA - Self Management 2016

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Employees Benefit Conference ICICI Pru Zurich2-9-11

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Skills beyond ca

Dr. Varadraj BapatFaculty in Accounting and Finance,Indian Institute of Technology,[email protected]/ 9892413119

- ya esha supteshu jagarti kamam kamam purusho nirmimanah |tadeva shukram tadbrahma tedevamritamucyate |tasmim llokah shritah sarve tadu natyeti kashcana | etadvai tat|-II chapter,KathaUpanishad.

3Dr. Varadraj Bapat, IIT Mumbai

In common parlance the verse is interpreted as, Chartered accountants are always awake and vigilant and diligent in their duties.

TheKathaUpanishad presents its philosophy through a curious story of Nachiket, son of Rishi Vajashravasa and Yam the god of death.

http://heritagebharat.blogspot.in/2014/04/ya-esha-supteshu-jagarti.html

4Dr. Varadraj Bapat, IIT Mumbai

Nachiket ask profound and metaphysical questions to Yam and the verse is an answer given by Yam to Nachiket.As per the celebrated Vedanta philosophy there are three states of existence the Jagrit avasta, supta avasta and shesh or nidra avasta. These can be identified as the waking, the dream and the deep sleep state respectively.

http://heritagebharat.blogspot.in/2014/04/ya-esha-supteshu-jagarti.html

5Dr. Varadraj Bapat, IIT Mumbai

This may be explained from the point of view of Vedanta philosophy as:In dream state we experience various types of emotions during our dreams similar to those that we experience during our waking state.A sense of reality is attached to these dream objects and unless we wake up from the dream we continue to be under prejudice. We live the dream until we realize its reality.Vedanta philosophy puts this dream state and our waking worldly phenomenon on a same platform.Even our own body is constantly changing as old cells die and are replaced by new, yet we have the feeling of a continuous existence.

6Dr. Varadraj Bapat, IIT Mumbai

The second line of the Verse states that Brahma is the ultimate truth, the ultimate reality.Mind attaches our ego to these perceptions & we have the feeling of I in relation to the objects.Our mind full of ideas, thoughts, emotions & perceptions creates an illusion of reality & we remain ignorant of our true nature.In deep meditation the person witnesses the end of mental processes, end of all thoughts, time & space halts & there is only the consciousness of existence that remain, the Brahma.Thus, the verse states that Brahma is amrut, i.e. the immortal, permanent, attribute less Brahma.7Dr. Varadraj Bapat, IIT Mumbai

The third line of the verse state that, beyond Brahma there is no other truth.Brahma is that energy which can neither be created not be destroyed.Self-realization is the ultimate progress and knowledge.Swami Vivekananda's famous said "Arise, awake, and stop not till the goal is reached" which is a part of a verse of Katha Upanishad8Dr. Varadraj Bapat, IIT Mumbai

The profession we are in and the profession we are progressing towards, is of a doctor.. people know that doctors take care of peoples health, reduce their pains and suffering, heal the diseased.But,very few people know that it is the chartered accountants that take care of the societal health..! Financial and moral.10/10/20169Dr. Varadraj Bapat, IIT Mumbai

CA is a profession in the society that has the onus as well as the capacity to save this entire economy and keep it growing..!A chartered accountants role should be such that he knows that he is not working just making finacial statements, but is playing an important role in making the economic/ ethical structure of the nation..!10/10/201610Dr. Varadraj Bapat, IIT Mumbai

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Self Management

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what is Self/ I ?

What is Management?

Is self a Personality ?PersonaThe word is derived from Latin, where it originally referred to a mask.

once a British asked swami that"can't you wear proper cloths and be like a Gentleman ?"

Once a British asked Swami"can't you wear proper cloths and be like a Gentleman ?Swami Vivekananda, In your country clothes makes a gentleman, in my country character doesSelf is much deeper than personality or public image.

Self is the totality of the person and not merely external looks, but character, behavioral traits and attitude towards life. Self management can be achieved by the improvement of behavioral traits such as communication skills, interpersonal relationships, attitude towards life and restoring our ethics.

Self -Healthy Mind and a Healthy Body

Good SelfAttributes of a person with Good self?Good physiquePleasing mannersPersonal and Professional integrityTrustworthiness and reliability

Healthy Body

Healthy BodyNutrition Personal HygieneExercisingYoga, Pranayam etcGym, aerobics, etc.Playing and joggingDisciplining of daily routines is a must!Mind control is essential for a healthy body.No junk food!

When is mind unhealthy?Agitated mind is unhealthyWhat agitates human mind?Not getting what one desiresGetting what one dislikesUncontrolled emotions in the mindContinuous accumulation of such likes and dislikes stresses the mind out.Stress agitates the mindStressed mind is unhealthy

Healthy MindStress-free mind is healthy and calmSuch calm mind can be controlled more easilyDe-stressing the mind is needed: Prevention of accumulation of day-to-day complexesClearing the stockpile of stored complexesHOW?

Cultivating a Healthy MindDocumented human experience of the past:Non-reactive observation of oneself mitigates the strength of these complexesContinuous awareness makes this a continuous process: results in clearing the stockpileDifferent paths for removal of accumulated complexes:Path of servicePath of intellectual analysisPath of devotionPath of meditation

SummaryGood self arises from a healthy body and healthy mindHealthy body needs a healthy mindHealthy mind can be achieved by preventing accumulation of complexes in mindNon-reactive self-observation de-stresses the mindThis is possible through several paths: paths of service, intellectual analysis, devotion or meditation

self

Character traits

Behavioral traitsAttitudinal ChangeIntegrityInterpersonal SkillsPositive Attitude AcceptanceCommunication SkillsWin-win situationDisciplineLeadership QualitiesKeep the end in mind

Dedication

Stress and Time managementSynergise

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Self: Bharatiya Sanskruti

Matter + Energy + Consciousness

Physical Body ( AK) How many Cells in human body ?How many microbes ?

Cells Tissues Organs

Consists of 5 Elements Earth / Water / Fire / Wind / Space

Controlled by Electrical ( Nervous) & Chemical ( Hormones )

Nourish with Food , Water , Sunlight

.- ; - ; - ; - ; -

Ductless glands

, , , , , : , , :

Energy Body Physiology ( PK )

Prana Life Energy Flows through Nadis & Chakras Does not follow Laws of usual Energies 5 Pranas : Prana, Apana, Samana, Udyan, Vyana

How many times we breath per minute ?

, , , , , , , ,

Mind ( MK) : Flow of Thoughts , Emotions & Feelings

Thoughts 60 to 80K per Day Emotions & Feelings : Likes & Dislikes

Inputs 5 Sense Organs

Perception

Memory

Ego

, , , ,

- - , , , , , , , - :, , -

: , , - , : - ,

- ; - ; - ; -

, , , , , , , ,

Intellect, Knowledge, Buddhi (VK)

Discrimination Judgment & Decision making.Continuous Guidance to Mind

- , , , , - , - , , -, , , , , ,

...

- - -,

Bliss Ananda

Highest state of Evolution in manifested state .Bliss is the basic thing of this Universe from which everything is created . No Emotions , Complete Silence .State of Total Harmony & Health

, , , (imprints) , , :

, , , ,

, ,

, ,

3 Cardinal Principles of Yoga

Relax Body : Asana & Postures Slow Down Breath Pranayam

Calm Down Mind Meditation

Cardinal Principles of Yoga

3 Cardinal Principles of Yoga

Panch Koshas

Techniques

Desires : A- B C D E F :

Thoughts drive Action

r

Behavior

Character

Fulfillment

Frustration

Destiny

Elevation

Enervation Desires are the Root Cause of Stress

ABC DEF

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Proper collection and analysis of data play a critical role in the DMAIC process improvement methodology. In this module, well cover the concepts and tools needed to collect reliable and accurate data.

Formula for Happiness

Happiness = No of Desires Fulfilled No of Desires Harboured

Happiness is our Fundamental Birthright No one , but yourself can make you Happy We are all chasing Happiness , Yet we find it very elusive

Conscious & Sub Conscious Mind Conscious Mind 10%

Thinking Feeling BehaviorBiological Changes Sub Conscious Mind 90%

Meditation , Yoga Nidra Mind Power Techniques

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Sub Conscious Mind

Different States of Mind Beta State of Mind Alpha State of Mind

Average Frequency > 13 Average Frequency < 10 Conscious State: Physical Outer World Sub -Conscious State of Mind: Spiritual World

Einstein used 1% of Brain. How much do we use ????

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Energy Flow : Cosmic-> Mind -> Brain -> Spinal Chord -> Body Mind Spinal Chord

Sleep : Natural Process of Energy Transfer Deep Sleep

Meditation

Sleep Cycle ( Non REM& REM ) REM : Rapid Eye Movements

Yoga is Harmony of Head Heart - Hands

Asanas Postures connect Body - Mind

Link between Physical Exercise & Health Body is Well established.Yoga : Health connected with Nervous System Yoga Asana : Not only Physical but cleans & purifies Body & Mind for Higher Practices . Awareness is Integration of Physical practices with the Nervous System .

Yoga on Mat Vs Yoga 24X7X52

Concentration

About Trataka

Trataka is a simple but powerful practice. Trataka means 'to Gaze steadily at a fixed point' Trataka is a process of Concentrating the Mind and curbing its oscillating tendenciesThere are two forms of the practice. External Trataka Gazing Steadily Internal Trataka - Inner Visualization

Steps in Trataka

Use a dark room & Make sure the Flame does not flickerGaze at he flame as long as possible without Blinking / Straining Eyes

Stop when the eyes begin to water or tire 3 / 5 Minutes Sit down in a Comfortable Position Place Candle or a lamp at distance of one Meter Practice Visualization with closed eyes

Benefits

Improves Memory and Concentration .Trataka unlocks the inherent energy of the mind and channelizes it. Benefits not only the eyes but a whole range of physiological and mental functions.Prescribed for Depression, Insomnia Allergy, Anxiety.

Continued

Capacities such as Telepathy, Psychic Healing, are developed.Single Pointedness of Mind & Strong Willpower. Physiologically, Trataka relieves eye ailments such as Eye strain and Headache, myopia.

Hardwork -

Sacrifice -

Service-

Expectations & Methodology

Happiness Peace Satisfaction Health

Love -

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76ordinary water The Power Of Words Dr. Masaru Emoto, a Japanese scientists experiment

Molecular structure

water after the prayer

Water droplets were exposed to various words, music, and environments, and then were frozen for 3 hours. He then examined the crystal formations under a dark field microscope. And he took photographs. The results were totally mind-blowing. Water droplets were exposed to various words, music, and environments, and then were frozen for 3 hours. He then examined the crystal formations under a dark field microscope. And he took photographs. The results were totally mind-blowing. The photo of water after the prayer was said. Its simply breathtaking. (I now have a great respect for praying before meals! More on this later.)

77Heavy Metal music.

Classical musicFolk music..

Dr. Emoto also exposed water to Heavy Metal music. Heres how it looks like. Looks sad if you ask me.

78Hate

Love

Just imagine the impact of our Thoughts & Feelings on our others& on ourselves

Next, Dr. Emoto stuck a piece of paper with these words: You make me sick. I will kill you. Heres how the frozen water droplets looks like under the microscopeWhen you are angry and Driving there is possibility that another angry driver come and hit you.

Cycle of Sustenance ()

VyashtiSamashtiSmaller EntityLarger EntityYogakshemKarmaYajnaKarmafala

79Pay Back We have received everything from the Society. Education, Culture. Security, Law & Order, Peace We are indebted. It's our duty to Pay it back to the Society. This is the only Insurance

to get into act

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PERSONAL QUALITIESaccurate adaptable astute can work under pressure careful committed competent cooperative courteous

Cont..decisive dedicated energetic methodical meticulous orderly organized positive practical

Cont..extrovertflexiblefriendlyget on well with other peoplegood communicatorgood sense of humour good time-keeperhard workingimaginative

Cont..independent workerlivelylogicalloyalself confidentself motivatedsensitivethoroughthoughtfulvigilantwork well with others

87Self development -LeadershipLeadership denotes taking action and getting results.

88LeadershipDynamic leadership influences the attitudes of the people being led!Leaders must be charismatic, inspirational, respectful, and stimulating when leading!

89LeadershipLeadership is defined as influencing others to work diligently toward achieving their goals.Clearly stating your vision!Explaining your plan for attaining your vision!Instilling confidence and optimism!Expressing confidence in those you lead!!!

90Control The Negative Self-Talk.... . . Quiet the voice in the head that says, I cant do it!

91Speak Possibility . . .. . . Recognize the downward spiral . . .

92Shining Eyes.... . . Look for shining eyes in others.

93Create A Spirit-Filled, Motivating EnvironmentSpeak the right thingsInfluence their attitudesDevelop effective listening skills

94Definition Of CharacterThe word character comes to us from a Greek verb that means making a furrow, cutting a groove, or putting a scratch on something as a mark. In the light of its origin, we may think of character as that which puts its mark on a human being.

Character is what makes you what you are as distinct from other persons. The individual is little more than a bundle of feelings unless there is some central loyalty within creating order out of the chaos of the soul. Character signifies the organization of life and behavior around a central loyalty, which has ethical worth and validity.

Interpersonal EffectivenessInterpersonal effectiveness is the capability of an individual to do this, influence others, competently.Leadership is a direct function of three elements of interpersonal effectivenessAwarenessAbilityCommitment

Interpersonal Effectiveness

AwarenessAwareness is a state of consciousness.It is the ability to recognize yourself, others, events and situations in real time.It is the ability to assess the impact of actions on situations and others, and be critically self-reflective.It is a development process that is a function of experience, communication, self discovery and feedback.

AbilityAbility to learn and understand technical issues is the basis of our careers.Ability to lead is a function of influence:Ability to communicateAbility to resolve conflictsAbility to solve problems and make decisionsAs a member of a team, we influence others in a collaborative effort to find better ideas or solve problems.

CommitmentFor leaders, the one thing that leads to maturity is the fully aware recognition that ones decisions make a difference, both positively and negatively, in the lives of others, and that any attempt to solve a problem might have a decided negative impact on some, while helping others.In no-win scenarios, one must still make a hard decision.

Personality IndicatorsAre you energized around people? Do you like to meet people and seek opportunities to do so? Do you think out loud? Do you talk to plants and discuss problems with animals? This is Extrovert behavior.Alternatively, do you find you would rather work alone, without interruption. Does meeting too many people tend to tire you out? Would you sooner not answer the phone - let the answering machine do it for you. Would you rather have a problem written down for you than stated verbally? This is typical Introvert behavior.

Motivating

Motivating

Building a TeamWhy would someone want to become part of a team?An effective team helps one feel they are:Doing something worthwhile for themselves and the organizationEnjoying a more satisfying work lifeMore in control of their jobsMaking contributions which are well usedLearning new skillsRecognized and respected

Building a TeamWhen a team is operating well the leader and the members:Are clear on team goals and are committed to themFeel ownership for problems rather than blaming them on othersShare ideasListen to and show respect for othersTalk more about we and less about I and me

Building a TeamUnderstand and use each others know-howKnow about each others personal livesGive each other help and supportShow appreciation for help receivedRecognize and deal with differences and disagreementsEncourage development of other team membersAre loyal to the group, its members, the leader and the organization

Building a TeamMake decisions based on facts not on emotion or personalitiesPlay a variety of roles serve as leader, teacher or coach