Self Improvement, Wisdom, Professionalism, Inspirational Stories, Positivity, Leadership, Management, Stress, Optimism and Peace, Productivity.

Ask a person, who is the richest man in the world? You are very likely to hear the name Bill Gates.
This stands true to this day, the Microsoft founder and philanthropist continues to be the richest man in the world, but what about his competitors who are classified amongst the richest of the World?
For that, Forbes released a list of the world’s billionaires ranked according to their worth in the year 2016. Here’s the list of the top ten people with the highest net worth in the world.

1. Bill Gates – Worth $75 Billion

The world’s richest man for 17 years and running. He is a renowned philanthropist and heads Bill & Melinda Gates Foundation, one of the biggest NGOs in the world.
Even though he founded Microsoft he continues to sell his shares in the company every year. He currently owns just 2.5% of Microsoft’s shares right now which he founded back in 1975.

2. Amancio Ortega – Worth $67 Billion

The second richest man in the world and the richest man in Europe (Spain).
He is the founder of Inditex, the largest clothing retailer in the world. He entered the textile manufacturing business back in 1963 with his family and later went on to establish Zara (a clothing brand) with his wife.
Louis Vuitton fashion director Daniel Piette called Inditex “possibly the most innovative and devastating retailer in the world.”

3. Warren Buffett – Worth $60.8 Billion

Just like Bill Gates is the richest in the world for several years now, Warren Buffett used to be the second richest and was overtaken only this year.
Owner, Chairman of the board and CEO of Berkshire Hathaway Conglomerate, he is also a philanthropist like Bill Gates.
He annually “gifts” $2.9 billion in Berkshire Hathaway stocks to the Bill and Melinda Gates foundation. Despite being a billionaire he lives in a humble house in Omaha, Nebraska which he bought for $31,500 back in 1958.

4. Carlos Slim Helu – Worth $50 Billion

The richest man in Mexico and the fourth richest in the world.
He owns America Movil, the biggest telecom company in Mexico. He also owns the largest stake in The New York Times with at 17%. He was the second richest man in the world back in 2015 with a worth of $77.1 Billion.
He was hard hit in 2015 and early 2016 by the Mexican telecom regulations, a weaker Mexican peso and economic decline in Brazil which caused his value to decline by a sharp $27.1 billion.

5. Jeff Bezos – Worth $45.2 Billion

The founder and CEO of the world’s biggest and most famous online store, Amazon.com.
He originally started by selling books online and has expanded over time to sell almost everything you could think of. Jeff is also the founder of an aerospace company, Blue Origin. At Blue Origin they’re developing a reusable space craft that can take people to space.
He is also an avid Star Trek fan and starred as an alien in the 2016 film, Star Trek Beyond.

6. Mark Zuckerberg – Worth $44.6 Billion

Almost everyone knows him. This is because he is the founder and CEO of the world’s biggest social networking platform Facebook.
Mark Zuckerberg and his wife Priscilla Chan decided to give away 99% of Facebook’s stock over their lifetime to advance human potential. This was back in December 2015.
Since then the company’s stocks value has increased over 15% which resulted in Mark getting to 6th place in terms of wealth in the world.

7. Larry Ellison – $43.6 Billion

Founder and Owner of Oracle and currently the 7th richest man in the world.
He used to be the third richest but he dropped in ranking back in 2007 when he was overtaken by Oracle’s competitors in tech.
He started out by making databases for the Central Intelligence Agency of US. He founded Oracle in 1977 and made it a public entity in 1986, just a day before Microsoft became public.
Even though he gave up the CEO role in the company in 2014, he is still Oracle’s chairman and chief technology officer.

8. Michael Bloomberg – $40 Billion

The owner of Bloomberg L.P., a privately held financial software, data and media company which mostly focuses on business news online (at bloomberg.com)
He started with an entry level job in 1966 at a Wall Street investment bank called Salomon Brothers. He rose to head of equity trading and then head of information services until he was fired in 1981.
The same year he founded Bloomberg LP along with Tom Secunda, Chuck Zegar, and Duncan MacMillan.
He is also the ex-mayor of New York City and left his post in early 2015 to resume work at Bloomberg. His company made $9 Billion in revenues in 2014.

9th and 10th Charles Koch and David Koch – Worth $39.6 Billion

The Koch brothers inherited the oil and gas refinery business from their father in 1967 when he died.
Since then they expanded the firm into Koch Industries with $100 Billion in sales volume. Koch Industries indulges in chemicals manufacturing, pipelines and commodities trading.
The older brother Charles Koch inherited the company as the CEO initially. Now the brothers share control of the Koch Industries.
Charles publicly compared the 2016 presidential election candidates Hillary Clinton and Donald Trump as choosing between a cancer or a heart attack.
The younger brother holds the record of most points scored in a basketball game in MIT. David left the university as an all time scoring leader.

Honorary Mention

Shahid Khan, ranked #205th richest by Forbes – Worth $5.9 Billion

The only billionaire of Pakistani origin in the list of top 500 richest persons in the world (Forbes).
He started with just $500 in his pocket when he moved to the US at the age of 16. He got admission in University of Illinois Urbana-Champaign and started working part time as dish washer at a local joint.
He is an engineer by trade and has come a long way from his humble beginnings. His break-through design for a one-piece truck bumper was what drove him to success.
He owns an automobile parts manufacturer Flex-N-Gate which has more than $5 Billion in sales.
He owns US National Football League’s Jacksonville Jaguars as well as Fulham FC which he bought in 2013.
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Self Improvement, Wisdom, Professionalism, Inspirational Stories, Positivity, Leadership, Management, Stress, Optimism and Peace, Productivity.

It happens every year: you have a plan to save or start shopping earlier to eliminate the last minute gifts and the expense that goes with it. But, unfortunately, despite your best efforts you're not prepared. You could cut the gift-giving down to a minimum to reduce the amount you'll have to spend. But, again if you have young children you'd rather sell an organ than disappoint them. While you may not like the idea of creating more debt, an installment loan could be the option you need. First, it would give you cash to shop with without taking away from the necessary monthly bills you need to pay and secondly, you can spread the payments over a year or two to minimize the additional amount added on to your monthly expenses. Online companies like Blue Trust Loans have lower interest rates than the predatory payday loans and give you several repayment installment options. In addition, by making the monthly payments on time you can also help to improve your credit score. 
Spend only what you can afford 
You should never go into debt for the holidays. Yet every year you seem to find yourself in the same position, broke. If you have a large family and you buy for every member, cut down on the numbers. Call a meeting with your siblings and parents to discuss maybe just purchasing for the children and then putting all the adult names in a hat. This way your only buying for one adult. If you want to take it even further eliminate the adults and pick from a hat for the children in the family. Every child will get a nice gift instead of having to spend $5. You can limit it to say $20.00. This way you'll have money for your immediate family without having to go into debt.

Use your talents
The holidays are a time to rejoice with your family. If you do crafts, woodworking, knit or sew, give a gift from the heart that you made. You'll be surprised at the hugs you'll get for spending your time and efforts to create something special. The same goes for baking. If you love to cook and you have recipes for cookies, bake up a few dozen and package them up fancy and give them out. You don't need to spend a lot of money to make someone feel special.

Check prices before shopping
You already know this but it's worth repeating, a sale isn't always as good as you think. Some stores in recent years have actually increased the prices earlier in the year and then around the holidays put them back to where they should be. Before heading out to the mall with your list of wants price check local stores. Believe it or not depending on how much you're spending you can actually save a few hundred, enough to pay for your holiday feast. And speaking of the holiday meal, bring coupons and make sure to check the flyers for all the local supermarkets. Sometimes they have different items on sale and you can really clean up by visiting a few stores. It may take a little more time to complete the job but in the end, you'll enjoy having the extra money in your pocket.

Holidays are a wonderful time of year where families get together to spend quality time enjoying each other's company. If you keep the spending in check you'll also be able to enjoy the day after as well.
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Self Improvement, Wisdom, Professionalism, Inspirational Stories, Positivity, Leadership, Management, Stress, Optimism and Peace, Productivity.
In a new book, Sherry Turkle documents the sometimes-detrimental effects of technology on our families and social lives.

Peter Dizikes, MIT News Office
­The next time you are in a public place where families gather, such as a playground, a children's soccer game or a museum, see how many parents are focused on their mobile phones instead of watching their kids.

The compulsive attention people pay to their mobile devices is becoming a trend that should concern us, according to MIT professor Sherry Turkle. In her new book, Alone Together, published this month by Basic Books, Turkle suggests that the time is ripe for widespread rethinking of the way we use cutting-edge technology.
"There is a real state of confusion about whether or not we have each other's attention in our always-on connectivity culture," says Turkle, the Abby Rockefeller Mauze Professor of the Social Studies of Science and Technology, in MIT's Program in Science, Technology and Society. "Families fight over this issue. It's time for a correction, because we still have a chance to change things."
Alone Together documents extensive field surveys made by Turkle, a psychologist who interviewed 450 subjects to understand how people adopt technology in everyday life. One of the book's most striking findings is that many families play out a kind of role reversal over technology: Young people, while admittedly heavy users of mobile devices themselves, are nonetheless unhappy at the frequent use of mobile devices by their parents. Many high-school-age kids complained to Turkle of parents who enter the "BlackBerry zone" and ignore them even during family meals. "My parents text while we eat. I'm used to it," one teen told Turkle.
"I was stunned," says Turkle, noting that the more common trope involves parents fretting over teens who send as many as 6,000 texts per month. "Yes, we know teens text all the time, but that doesn't mean they don't want their parents' undivided attention when they are picked up from school or sitting at dinner. Not getting attention is a critical problem among adolescents, who are also terrible at asking for attention, because they're playing it cool. So you have kids really struggling to forge relationships with their parents."
A technology in its toddler phase?
Turkle is at pains to make clear that her view about the impact of technology on contemporary life is not all negative. "Of course I found many positive things about the always-on culture," she says. "People have opportunities to create friendships and stay in contact with other people from all over the world. None of what I found negates that." And as for her own outlook, Turkle quips, "I'm not a Luddite - I'm sitting here deciding which of 15 new gadgets I'm going to buy next."
Still, Turkle is concerned that the use of technology is shaping social norms, rather than the other way around. The Internet is still evolving rapidly, she points out, meaning that we do not have to sacrifice traditional sociality for currently popular applications. As Turkle likes to say: "Just because we've seen the Internet grow up, we think the Internet is all grown up." Instead, she offers, it is in "its toddler or maybe mid-childhood phase," and our relationship with it can evolve.
That dictum also applies to areas such as Internet privacy, which Turkle sees as a major civic concern. "We know how easily information can be politically abused," she writes in the book. Alone Together also extensively analyzes the effects of social robots as a substitute for human interaction, of which Turkle is wary. "Humans need to be surrounded by human touch, faces, and voices," she writes.
Other scholars regard the book as a timely contribution the study of technology's impact. "I agree that one important story of technology today is about human vulnerability to the promise of sociality without the hard work that sociability involves," states Nancy Rosenblum, the Senator Joseph Clark Professor of Ethics in Politics and Government in the Department of Government at Harvard, who has read the work, in an e-mail response to questions. Alone Together, as Rosenblum sees it, should "spark a conversation that will get people to wrestle with the implications of the technology that increasingly shapes our lives."
Can we change our habits?
But can we actually change the ways we use technology? Rosenblum suggests further research is needed to see how people can push back against technology. "We need to better understand under what conditions people are willing and able to engage in meaningful action," notes Rosenblum. Regarding increased online privacy, for instance, she adds, "What kind of social and political mobilization is needed to facilitate this, and is the political will here?"
Alone Together does not prescribe a programmatic list of steps for creating a privacy movement or opting out of the always-connected lifestyle. But it does conclude with thoughts about restoring the human touch to family and social life. "We will begin with very simple things," writes Turkle in the book. "Some will just seem like good manners. Talk to colleagues down the hall, no cell phones at dinner, on the playground, in the car, or in company." Such deeds are not necessarily easy, she adds: "As we try to reclaim our concentration, we are literally at war with ourselves."

Still, concluding an interview, Turkle emphasizes that people have the ability to make sure technology is not controlling their lives. "This is not the book of a schoolmarm," says Turkle. "But if you take your kids on an activity and find you can't fully participate because you're texting, get a grip."
Self Improvement, Wisdom, Professionalism, Inspirational Stories, Positivity, Leadership, Management, Stress, Optimism and Peace, Productivity.

Don't educate your children
to be rich.
Educate them to be Happy.
So when they grow up
they will know the value of things
not the price

"Eat your food as your medicines.
Otherwise you have to
eat medicines as your food"

The One who loves you
will never leave you because
even if there are100 reasons
to give up he will find
one reason to hold on

There is a lot of difference
between human being
and being human.
A Few understand it.

You are loved when you are born.
You will be loved when you die.
In between
You have to manage...!

If you want to Walk Fast,
Walk Alone..!
if you want to Walk Far,
Walk Together..!!

Six Best Doctors in the World-
5.Self Confidence   &  

Maintain them in all stages of Life and enjoy healthy life
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Self Improvement, Wisdom, Professionalism, Inspirational Stories, Positivity, Leadership, Management, Stress, Optimism and Peace, Productivity.

1.  Be silent - in the heat of anger.

2.  Be silent - when you don't have all the facts.

3.  Be silent - when you haven't verified the story.  

4.   Be silent - if your words will offend a weaker person.  
5.  Be silent - when it is time to listen.

6.  Be silent - when you are tempted to make light of holy things.

7.  Be silent - when you are tempted to joke about sin.

8.  Be silent - if you would be ashamed of your words later.
9.  Be silent - if your words would convey the wrong impression.

10. Be silent -if the issue is none of your business.

11. Be silent - when you are tempted to tell an outright lie.

12. Be silent - if your words will damage someone else's reputation.

13. Be silent - if your words will damage a friendship.

14. Be silent - when you are feeling critical.

15. Be silent - if you can't say it without screaming.

16. Be silent - if your words will be a poor reflection of the Lord or your friends and family.

17. Be silent - if you may have to eat your words later.

18. Be silent - if you have already said it more than one time.

19. Be silent - when you are tempted to flatter a wicked person.

20. Be silent - when you are supposed to be working


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Self Improvement, Wisdom, Professionalism, Inspirational Stories, Positivity, Leadership, Management, Stress, Optimism and Peace, Productivity.
What is PMO:
A Project Management Office (PMO) is a team within the organization which defines, controls, monitors and governs the Tools and Techniques for the End-to-End Project Execution. This team not only establishes the processes but also effectively monitors the adherence to such methodologies by respective Project teams. PMO Team works across all the domains of the project such as Risk Management, Resource Management, Ordering Control, Dashboards Establishment, Quality Assurance, Performance Control and so on. (A more detailed information for each domain will come later in this article)
Why PMO:
If a PMO is established in a professional and successful manner, it will add HUGE value in the organization's effectiveness; the effectiveness in People, Processes, Productivity, Cost, Communication, Delivery and Quality. A lot of SMEs have recently realized the importance of setting up PMO because of the aforementioned benefits.
What Areas PMO Works In:
PMOs help Project Managers, team leads and other stake holders in the below 10 Management Areas:
  • 1-      Procurement Management
  • 2-      Risk Management
  • 3-      Resource Management
  • 4-      Integration Management
  • 5-      System Management
  • 6-      Time Management
  • 7-      Cost Management
  • 8-      Communication Management
  • 9-      Quality Management
  • 10-    Stake Holders Management
What Steps are Required:
1-       Organize, Organize, Organize: The most important step towards establishing a PMO office is to establish an Organized foundation structure. This means that ALL Information related to the above 10 management areas is to be Organized and documented in a systematic way. A PMO specialist can easily perform this job provided he takes a deep dive of company's on-going projects. Staying organized is the vital skill a PMO must have as this will help produce right reports at right time for the right people to make right decisions.
2-      Process Establishment: A process is a series of steps to be executed in a sequential manner in order to achieve one or more objectives. Processes need to be established in each of the 10 management areas mentioned above. Once each domain of work is identified, associated processes need to be prepared. There are some unique techniques to be followed for creating processes such as Easy to follow,
3-      Establish vendor/sub-con evaluation criteria for Procurement Management.
4-      Establish Risk Management Register/Formats to Identify, quantify, rectify and/or mitigate the risks.
5-      Establish time-sheets and other Resource Management techniques (Resource task assignment, work load evaluation, (person based or team based).
6-      Establish mature database management system (Microsoft Excel can still be used for SMEs and even for larger projects.  Check this article about on how to establish effective database management system can be established.
7-      Cost, Scope and Time Management are the most important factors for any project. If one of these is impacted, others will be impacted too. Strong control on this Triple-Constraint is highly recommended to be ensured by PMO. Check this article about Cost Control Recommendations.  
8-      Establish Communication Matrix which will ensure smooth information flow (what information, who will send, to which person/team, how often, what format etc.)  
9-      Establish SMART Objectives with clear WBS and even crystal clear RACI chart.
10-    Set-up KPIs for each major deliverables. Each KPI should have an accountable owner. Low Level KPIs and Magnified/Transformed KPIs may be considered for different teams.
11-     Establish Escalation Points for the Project milestones; at what level of violation/deviation, the issue needs to be labeled as Red Flag and immediately to be referred to Leadership for intervention and resolution.
What are Recommendations for PMO Professionals:
1-       Overlapping Activities: If multiple teams are working on multiple projects at same locations, find possible overlapping activities and plan them for execution at the same time. This will reduce down time at customer end, effectively utilize less resources and will be cost-effective too.
2-      Define Pillars/Slogans and abbreviations: so that the collective leadership goals become the vision of each team member and it becomes easy for all the resources to refresh management expectations and eventually it becomes talk of the town within the organization. For example the Vision for 2015 can be: RUSH320 (Resource, Unification, Satisfaction, Harmony). Which means this year the company would focus on Resource Trainings (-R-), Unification of several databases across the company (-U-), Customer complaints reduction by 50% (-S-), Harmony between teams with dinners, outings, games etc (-H-), To be in Top 3 in IT field (-3-), to be 20% better than current competitor in terms of Sales (-20-)
3-      Improvement, Improvement, Improvement: Always keep searching for pain-points in company's processes, tools, techniques… everywhere and keep reporting the recommendations/solutions to the Leadership for review and implementation of such recommendations. Consider Six Sigma's DMAIC Technique for continuous Improvement
4-      Establish Dashboards through database automation. Effective Dashboards can be created in Microsoft excel also. You don't need to invest additional costs to buy soft-wares or hire consultants to do this for you.
5-      Always establish harmony within the teams through bridging the gap, easing out the effective communication, killing the silos and bringing teams closer to each other. Remember, an employee can be available on his/her desk for 8 hours, but he may be productive for 6 hours and during these 6 hours his/her efficiency and productivity can be enhanced through mental satisfaction by clearly informing him what is expected, by resolving the 'political pollution' and by supporting him to resolving his issues, clear his challenges related to communication with his/her team members.
6-      Introduce "Performance Contracts" for senior managers. A performance contract is a contract between a Senior Manager and Leadership to ensure delivery of certain KPIs for specific duration. These performance contracts to be linked with annual evaluation of the employee. Let the Senior Manager and Leadership sign the Performance Contract document so as to make the manager feel the importance of project delivery.
7-      Always observe if there are any Priority Projects expected by management. Let these projects be communicated to teams and perform consistent follow-up for progress and Dash Board reporting. Compliance with management's expectation is the utmost thing expected from PMO.
8-      Keep observing about Process effectiveness, People effectiveness and Tools effectiveness and endeavor for continuous enhancement of these domains. Use Zoom-in / Zoom-out Technique.  
Final Words:
While PMO has a huge responsibility yet it has to be clearly understood that several activities do not fall under PMO office domain:
  • 1-       PMO does not track day to day micro tasks. It is PM and Team Lead's responsibility.
  • 2-      PMO is in-charge of the process, not the executor.
  • 3-      PMO does not get involved at individual personnel work in normal circumstance.
Also it is extremely important to understand that without genuine authority to audit teams work, PMO may not be an effective team. Hence it would be waste of money if PMO is not empowered within the organization.
References and Abbreviations:
  • SMART Goal (Specific, Measurable, Achievable, Realistic, Time-bound)
  • WBS (Work Breakdown Structure)
  • RACI Chart (Responsible, Accountable, Consulted, Informed
  • Fish Bone Diagram – Technique for Root Cause Analysis
  • DMAIC: 6 Sigma Technique. Define, Measure, Analyze, Improve, Control

Additional Resources:
DMAIC, WBS, SMART, RACI, 10 Management Areas are tools/trademarks of respective esteemed organizations which are mentioned here for the sake of education. If any copy write violation is done, please let me know so I can remove from article.
About Author:
Junaid Tahir, a Telecom Engineer,  a Program Manager and a Blogger, writes articles on Self Improvement, Stress Management and Leadership at his personal blog. He is reachable at mjunaidtahir---at---gmail --dot--com for all kinds of constructive feedback.