Work Life Compass - September 2010

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By Jantima Ketsiri | Consultant

ISSUE NO. 74 | SEPTEMBER 2010

THAILAND OFFICE

How rich are you?How rich are you? The number associated with the

concept of being rich varies, depending on your lifestyle

expectations and your country’s economic standards; it’sdicult to pin down a denitive number that can be

ocially recognized as rich. Most people think of money

when referring to richness. How much money do you

need to make you feel rich? Is it one million, 10 million or

100 million in your currency? When I was just a primary

school student, having a pencil box priced at 5 USD

made me feel rich. But when I grew up, the same pencil

box no longer made me feel the same way. I needed

more than what I had before. Therefore, richness is justan attitude.

DEAR COACH...

How to improve your

psychological and nancial health.

FEELING GOOD 24/7

Ways to feel refreshed every day!

MANAGER’S HELPDESK

When the manager is the

mediator…



DO YOU FEEL DISSATISFIED WITH YOURFINANCIAL SITUATION?

SHARE YOUR STORY WITH US!

[email protected](Your identity will be kept strictly condential)

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You can decide what kind of richness you would like to have.

Most people possess things but they still feel that what they

have is not sucient and are always trying to compare

themselves with others. For example: if one day you received

an inheritance such as a house from your grandparents, you

would suddenly feel rich because, by society’s denitions,

the person who owns a house is rich. One month later, you

start thinking that you should have a swimming pool beside

your house. When you look at your neighbour’s house, you

nd that your house is too old. You start to feel poor because

your house is the smallest and oldest in the area. If you want

to be rich, start thinking that you are rich from the day you

received the house. You have turned from a rich to poor

attitude all by yourself while nothing in your external

circumstances has changed. Feeling rich is an attitude but

only having a healthy attitude can make you feel rich.

THE IMPORTANT THING ABOUT BEING AMILLIONAIRE IS AWARENESS.

Money is just a factor of life, not a goal of life.

Everybody wants money because it can be exchanged for

many goods. Some things cannot be brought by money;

although money can give us more opportunities in life.

Thus, money should be exchanged for quality of life. Don’t

let money control you; be in control of money.

Remember! What you need is only sucient money and

not richness. You may have another question: How much

money is sucient? The answer depends on your goals in

life. Having a right goal, you will get all the good things out

of life.

What is the real core value of what you need and want?

When you buy a handbag, what do you really want? Do you

want something hardy which carries all your things or do

you want to carry a branded handbag to show others thatyou are rich? As long as you have strong self-esteem, you

will never need or want a brand logo just to increase your

own value.

However, it does not mean you cannot buy expensive or

well-known brand names. As long as you have enough

money and desire the value and quality of a product you

can buy it. Being nancial self-sucient is not just about

saving but about having a balanced and sustainablelifestyle.

The true millionaire is a person who is a giver.

Giving can make us feel richer. It makes us feel that we

have enough. Warren Buett, the world’s second richest

man, regularly donates money to foundations around

the world every year. As cited in “A conversation withWarren Buett” at CNNMoney.com on 25th June 2006,

Buett said, “We did amass wealth, we were totally in

sync about what to do with it – and that was to give it

back to society.”

You do not need to be as rich as Warren Buett to also

give. Giving is relief. Unleash yourself from materialism.

While you are giving, you also open up your mind to

everything that surrounds you and appreciate what youhave. No matter how rich you are, you can only ll one

stomach, live in one house and use only one car at a time.

WHEN YOU KNOW HOW TO BE SATISFIED,YOU ARE RICH AS MUCH AS YOU WANT TO

BE RICH.

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Copyright © 2010 Human Dynamic Asia Pacic Limited.All Rights Reserved.

I have a stable income and no nancial diculties/burdens. But I still feel insecure and unsatised with what I have;

I’m always seeking new ways/opportunities to earn more while I don’t spend that much myself. Even my family has

advised me to take things easy as this aects my work-life balance. Please advise me on how I can improve my

situation.

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Many studies have shown that once an individual is at or above an average income, there is no predictable

correlation between money and happiness. If you want to improve your psychological and nancial health, the

solution is not to focus on making more money but instead on developing a healthier relationship with it.

BE A MASTER OF YOUR MONEY:

• Money should not create stress in your life.

• Respect yourself and you will try to use money for a reasonably comfortable life without overspending or livinga luxurious lifestyle.

• Manage money wisely.

• Spend less than you earn.

• Learn not to “work for (only) money”.

• Resist temptation. Be a responsive spender not an impulsive spender.

• Learn to live within your means.

FINANCIAL SELFSUFFICIENCY

Suciency means moderation and reasonableness. Financial self-

suciency refers to being able to maintain a balance between

spending money and living your life while also feeling satised with

your nancial status.

Having a monetary goal:

• Stabilise your income.

• Achieve nancial freedom and become free from debt or you canbecome nancially free even if you are already in debt.

• Save money for future.

• Have time for your personal life.

If you’re already a master of money and have nancial self-suciency,

then you should spend your life for others, not only on money.

Here are some ideas why you shouldn’t focus just only on earning more

money:

• Money can buy your insurance, but not health.

• Money can buy things for your family, but not their love.

• Money can buy a luxurious lifestyle, but not your time.

Finally, you should consider the following questions:

• Why do you feel insecure and unsatised? Is it because you do not have enough money, or are you comparingyourself with the income of others?

• Why are you trying to make more money? Is it for the future or to buy luxurious goods?

• What is most important in your life? Is it money, family or something else?

• These answers will not only guide you to understand your thoughts and your core value but also help you tounderstand your situation better.

REMEMBER, MONEY IS ESSENTIAL BUT NOT NECESSARILY THE ANSWER.

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DEAR COACH... By Supawee Phumithammarat | Consultant



FEEL REFRESHED EVERY DAY!In the modern world, many of us feel tired from spending many hours at work. It is inevitable that many of us will

experience an energy drain out while exhaustion and tiredness aect our performance at work. How can weovercome this problem? Is it easy to do so? A lot of people ask themselves these questions. Actually, it isn’t that

dicult. Keep in mind the following tips to stay fresh naturally.

FOOD• Eat breakfast.

Breakfast is the most important meal of the day and everyone needs it. It helps in

balancing your blood sugar levels, giving you energy to start a new day, maintaining

your weight, and improving your performance.

• Eat more sh.

Fish contains Omega 3 fatty acids which helps protect you from depression. Scientic

research proves that people with low levels of Omega 3 fatty acids in their brain aremore likely to become depressed. You should eat sh two or three times a week for the

simple reason that people who regularly eat sh have a lower rate of depression. In case

you don’t prefer sh, other foods containing omega3 fatty acids are walnuts, ak seeds,

cabbage and spinach to name a few.

• Eat more fruits and vegetables.

Fruit and vegetable are good sources of vitamins, minerals and dietary bre that may help to protect you from

chronic diseases, stroke, cancers, and perhaps other cardiovascular diseases. Moreover, researchers have found that

people who eat three servings of vegetables a day, particularly the green leafy type, hold onto their mental abilities

40% longer than those who eat less than one serving daily.

• Drink more water; drink less coee.

You should drink at least 8 glasses of water per day to stop yourself from getting dehydrated. Every cell in your bodyneeds water. When dehydrated, your body and brain cannot function well, causing headaches. While a lot of people

drink coee to stay fresh each day, drinking coee has more downsides than drinking water. Coee can cause

disturbances in heart rhythm, especially when drank frequently in higher quantities.

EXERCISE• Take a morning walk.

A simple exercise such as a morning walk can get you ready for your day by giving you high physical energy for

hours. It also helps you sleep better at night and also lowers your stress level.

• Stretch.Stretching is important for people of all ages! Stretching is just about

the simplest of all physical activities. You should stretch your legs, and

shrug your shoulders every hour. You can stretch while watching TV,

working on the computer, or getting ready for bed, etc. The benets of

stretching include reducing muscle tension, improving circulation, and

reducing anxiety, stress, and fatigue.

• Making time for exercise is easy.

If you think it’s hard to make time for exercise, here are some simple examples: taking the stairs instead of the

elevator, doing housework, walking around your oce for a break during the work day or during lunch, or just

standing up while talking on the telephone. You can do all of them every day!

FEELING GOOD 24/7

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By Supawee Phumithammarat | Consultant



MIND• Think positive.

The power of thoughts can shape your life. Positive thoughts,

words and attitude can bring about positive and happy moods.

In addition, it helps you cope with stress and can even improve

your health.

• Positive self-talk.

Self–talk refers to the dialogue that goes on inside one’s head.

People should articulate good thoughts because your

subconscious mind tends to believe the thoughts it hears. For

instance, if you say “I can handle this problem”, you probably

can.

• Smile every day.

You should smile as often as you can. It’s absolutely free.

Smiling is generally an expression of positive emotions,

which can uplift a soul, who in turn passes that energy to

another. Remember, when you smile you make yourself

and others feel happy and relaxed.

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By Narapong Na Lamphun | Consultant

TIPS ON TEAM CONFLICT MANAGEMENT FOR THEBEST RESULTSWhen working as a team, sometimes conicts occur due to poor communication, or an error in informationbetween senders and receivers. The lack of reliable information may make the other party reluctant to concede.

Both parties may express inappropriate behavior such as showing anger, insults or rapping the table towards the

other party, which can exacerbate the conict and cause it to become worse. A mediator is necessary to help both

parties agree. The executive who will manage these conicts must be a supervisor or manager who supervises both

parties.

For the mediation process to succeed, it must be conducted as follows:

• Establish credibility. The mediator must have the mutual trust and acceptance of both parties and not be biased

towards either party.

• Understand the problem. The mediator should be the source of information and clearly identify problems,

priorities and analyse the situation to suggest solutions to both parties.

• Adopt a strategy of reconciliation. The mediator must assess the needs of each party and then select the

strategy to suit each party’s habits.

• Collaborate in the mediation process. The mediator should persuade both parties to see how they may benet

when both sides agree, as well as understand the disadvantages of a disagreement.

• Start the mediation process. Open the mediation process to each party. Using a positive tone and attitude helpsboth parties to control their moods and encourage each party to reveal their true thoughts.

• Separate the agreement issue from the conict issue, in order to ensure

that the mediator can control the situation.

• Give choices to the parties. Be a part of

giving possible suggestions to end the

conict and encourage the parties by

proposing solutions and a form of

compromise acceptable to both parties.

• The nal negotiation. It summarises the

entire agreement and understanding of the

parties. A written memorandum of agreement

in writing is optional, depending on whether

the parties agree on whether it is necessary to

do so or not.

Whenever problems arise, believe that all the problems will always have a solution. Use “mindfulness” not “emotion”

and then you will nd the solution to the problem.

MANAGER’S HELPDESK


This copy is intended for your reference and should not be circulated without the prior knowledge of HD. No part of this publication may be reproduced in any form, by photocopying or by any electronic ormechanical means including storage or retrieval systems, without permission from HD.

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Work Life Compass - September 2010