Power System Engineering

Power System Engineering

Power System Engineering business is always booming as nothing works without electrical power these days (not even the alarm in your alarm clock or mobile phone). On the other hand there are almost 1.4 billion people in the world who have no access to electricity. India accounts for over 300 million such people. The International Energy Agency estimates India will add between 600 GW to 1,200 GW of additional new power generation capacity before 2050.

To meet such a huge demand of Power, a very large number of Electrical Engineers trained in Power System Engineering will be required by Power Utilities to Generate, Transmit & Distribute electrical power. Trained electrical engineers with good exposure to Power System Engineering are also required by the Electrical Equipment Manufacturers like ABB, Alstom, Schneider, Siemens, Bharat Bijli, Caterpillar, & Cummins etc
Public transport systems like Mono Rail & Metro also work on high voltage electrical power supply. Hence they also need Power System Engineering professionals.
Last but not the least Power System Engineering trained professionals are also required by each & every Industry to design & manage their electrical power loads & carry out plant operation & maintenance.

No wonder the demand for Power System Engineering trained engineers is going to be huge in foreseeable future.
In India there are hundreds of engineering colleges churning out hundreds of thousands of diploma & graduate electrical engineers every year. But the Power System Industry is finding it increasingly difficult to find the right candidates having right knowledge & skills to fill increasing number of vacancies at the entry level. As a result there are hundreds of vacancies not getting filled & thousands of unemployed engineers looking for jobs.

The solution is simple as you might have already guessed, to have an agency which can carry out skill gap analysis & provide the right kind of training to inculcate the desired competencies and make the electrical engineers employable in Power Industry. That is what exactly we do at Neoasis Academy. For more information on our offerings you may log on to www.neoasis.in or write to info@neoasis.in

Goal Setting for Success

In “The Strangest Secret” Earl Nightingale defines success as progressive realization of worthy goals. If someone is working toward a predetermined goal and knows where they are going, that person is a success. If they are not doing that, they are a failure.

Success always starts with Goal Setting. If we are able to set our goals well, half the battle is already won. Tony Robbins emphasizes the importance of Goal Setting when he says, “Goals are like Magnets. They will attract the things that make them come true”.

The Goals should not only be worthy but also SMART (Specific & measurable, Motivating, Achievable, Relevant & Time bound) to kick start the process called Success. The point to be noted here is – even well set Goals can only kick start the process called Success & it is still half the battle won. The other half of the battle lies in making a SMART Action Plan for each of the goals & taking consistent action till the goal is realized.

In context of an organization the individual goals should be in line with the organizational goals. Often many people find it very difficult to link their individual goals to organizational goals. E.g if an organization sets a target to increase its top line by 30% & bottom line by 50% in a financial year. Often an employee at the operational, when asked to set smart goals in line with company’s big goal draws a blank.

The key for such an alignment lies in breaking the big goals into smaller sub-goals & then asking some simple question

  • What are the major products, services or other factors that contribute to the top line & bottom line of the company?
  • What are the main contributors to each of the above major factors?
  • Where does one’s role belongs to – Profit Centre or Cost Centre?
  • How one’s individual goal can lead to increase in revenue or reduction in cost for the company directly or indirectly?

In general some of the areas which can be looked into by an individual employee to contribute to the company’s Top line are

  • By doing clear cut Goal Setting to sell more
  • Adding new products / services into offering
  • By increasing reach of products / services
  • Improving product / service quality
  • Right pricing
  • Tracking & improving customer satisfaction levels to increase repeat sale percentage
  • Reorganizing the sales territories to make selling more efficient
  • Making the sales process more efficient to sell more
  • Devising better sales incentives to motivate sales team
  • Taking a “Skills Inventory” & improving skills by providing necessary training opportunities
  • Reallocation of resources for better utilization
  • Making the appraisal system more effective & efficient to motivate the team
  • Etc etc…

Some of the areas which can be looked into by an individual employee to contribute to the company’s Bottom line are

  • By doing clear cut Goal Setting in all the areas under ones responsibility
  • Improving manpower utilization
  • Reducing offer preparation time, production time by value engineering
  • Re skilling of employees to make them more efficient
  • Cutting costs by use of efficient processes, tools, product innovation, service innovation
  • Cutting costs by multitasking
  • Reducing rework costs
  • Reducing debtor days
  • Helping vendors to work more efficiently
  • Developing new vendors
  • Etc. etc…

The lists are endless, one has to only focus on one’s job responsibilities & make SMART goals & action plans to take consistent action and success will follow automatically.

Mahatma Gandhi pointed out “Self Belief” as another important ingredient for success when he said, “If I have the belief that I can do it, I shall surely acquire the capacity to do it even if I may not have it at the beginning.”

We shall discuss it some other day……………………………………………………………..Rakesh Anand