10 things HR managers look for in potential hires

1. Energy
Organisations need people who are always eager to learn new skills and are eager to add to their knowledge base. They have genuine receptiveness to change and are open to examine new ideas. They bounce back quick after failures.

2. Ability to energise
These people are self-motivated and they demonstrate it outwardly. They inspire people and get people excited about a cause. They have the ability to keep the mood positive even when things are tough. Managers look for that that elusive "spark" that draws others to them.

3. Edge
This is the ability to take decision in grey. The ability to take decisions in tough situations and never allowing the degree of difficulty to stand in their way.

4. Ability to execute
These candidates are action-oriented and are focused on getting results. They are the ones who put strategy into implementation. Organisations look for a candidates ability to convert energy and edge (of self and of the team) into action and measurable results.

5. Customer-focused and quality conscious
These people understand customer business and customer pain points and strive to make customers successful by delivering superior quality products and superior service delivery. They build partnerships with clients and they measure their success based on the success of their customers. They go the extra mile to achieve customer delight.

6. Respect for individuals
These candidates value different cultural and religious backgrounds. They compliment in public for a good job done and offer candid and constructive criticism in private. This helps in creating a truly global environment in the workplace.

7. Integrity
These candidates mean what they say and say what they mean. They make us trusted partners of customers or for that matter they make good partners in every sphere of our life. They help build great organisations that can sustain over long periods of time during periods of prosperity as well as during challenging times.

8. Creative and enterprising
To create a differentiator, it is important that we offer different and unique proposition to our customers, which will bring value superior to that given by peers. This calls for creative thinking and entrepreneurship. Creative people come up with out-of-the-box ideas. They find better ways of doing things or ways of doing things differently. Entrepreneurs are willing to take well-assessed risks.

9. Collaborative/ team player
Organisations need people who have good interpersonal skills and gel well in the team. They put team goals above individual goals.

10. Technical competency and solutioning mindset
Technical competency is important in helping to foster a firm's competitive advantage. People possessing sound technical competency and a solutioning mindset can create and also execute winning solutions tailored to specific needs of the customer/ industry.

ASBA (Application Supported by Blocked Amount) was introduced by SEBI in July 2008 but it is not yet known to many.

Earn interest income while you invest in IPOs

How does ASBA work?

Under the normal system while applying for an IPO you have to pay the full application money with the application itself.

With ASBA you can make an application for shares without actually parting with your money immediately.

As the name suggests (Application Supported by Blocked Amount), under ASBA every application for shares is supported by an amount, which is blocked in the account of the applicant itself.

The money is debited from your bank account only when basis of allotment is finalised and that too for the shares allotted to you and not for the shares applied for by you.

This helps you in eliminating the problems associated with delay in receipt of refund.

Moreover, now that banks have been mandated to give interest on the savings account on a daily balance, it helps those investors even more who are participating in the public issue of companies.

Moreover the money blocked in your account is taken into account for calculating the average quarterly balances (AQB).

Under ASBA you can make an application for any IPO/FPO/Rights issue and where the company does not offer more than one schedule of payment and the issue price is to be decided by bidding process.

With ASBA your banker blocks the money lying idle in your account to the extent of application money which is payable in respect of the shares being applied for by you.

Where can you make an application under ASBA?

You can make ASBA application through any bank which is registered with SEBI as banker to the issue and furnishes the required certificate to SEBI. Such banks which are authorised by SEBI to accept these applications are called self certified syndicate sanks ( SCSBs).

It is necessary that you need to have your bank account with the bank, which is recognised by SEBI for the purpose of accepting the ASBA applications.

You can make the application under ASBA either through physical application form or through Internet.

Some of the banks even allow you to make application through phone banking.

Here you need to ensure that you have sufficient balance in your bank account.

Money, which is blocked under ASBA, remains in your bank account till the time shares are allotted to you and is debited only if shares are allotted to you.

The money which is blocked under ASBA is unblocked fully or partly as and when the shares are allotted or the issue is withdrawn.

How to make an application under ASBA?

You need to fill a separate, special ASBA application form available with your bank for making physical application or you can apply through net banking channel of your bank.

For making application through net banking or phone banking you need to register yourself for this purpose with your bank. Also you need to have a demat account, not necessarily with the same bank, through which you are making an application, and of course a valid PAN number.

The ASBA process can not be used for making application for allotment of shares in physical mode.

In your ASBA application, in addition to the details of your demat account, you have to provide your banker with your DP ID and client ID as per your DP account. You also need to specify the quantity you wish to bid for.

Can you revise or withdraw your application?

Yes, you can revise the bid or withdraw the application before the bid closing date by making an application for withdrawal to your bankers where you have submitted your application.

However if you want to withdraw the application after the bid closing date, you can do so before the process of allotment is completed by submitting your withdrawal application to the Registrar to the issue.

Under ASBA, the bank uploads the data in respect of applications and revisions to the site of stock exchanges electronically and does not have to send physical copies of the application to either stock exchanges or registrar to the issue.