Ola’s founder and CEO, Bhavish Aggarwal, has introduced a new rule for his employees to submit weekly reports. This idea is inspired by billionaire Elon Musk, who recently asked US Federal employees to do the same. Employees at Ola must now send an email every week with 3-5 bullet points about their completed work. 📧
What’s the Purpose? 🤔
In an internal email, Bhavish wrote, “What is going on?” This question aims to encourage employees to share their weekly updates directly with him and their managers. The first report is due the day after the announcement, and future reports will be submitted every Sunday. This initiative will help everyone stay informed about ongoing projects and achievements. 📅
Changes and Challenges Ahead ⚠️
This new reporting system comes at a time when Ola is making significant changes. The company is reportedly planning to lay off over 1,000 employees as part of cost-cutting measures. Departments like procurement, customer relations, and charging infrastructure will be affected. This is the second major round of job cuts in just five months.
Learning from Musk’s Approach 🔍
Bhavish’s initiative mirrors Musk’s policy aimed at increasing accountability in government work. While Musk’s approach has faced criticism for lowering employee morale, it highlights the need for clear communication and performance tracking in organizations.
In December, Bhavish had previously warned employees about poor attendance, showing that he is serious about improving performance within the company.
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