With being one of fastest expanding economy in the world and having a rapidly expanding consumer class, analyst forecasts that India will be the fifth largest consumer market in 2025. And is currently ninth largest in the world by nominal GDP and the third largest by purchasing power parity (PPP). Which is a gold mine of...
The success of an organization largely depends on how its resources are managed in alignment to the Organizational goals and objectives. A successful HR Strategy focuses on mapping the competencies of current resources, forecasting future resource requirement, analyze skill gap in the system and integrate the manpower plan with the Business Strategy of the organization....
Leadership Development is the core of every business. Identifying the potential of your key resources and mentoring them to the leadership positions is an important HR function that contributes to Organization Growth and Success.   Succession Planning is a lengthy and time consuming process. It is more of a Preparation towards a Successful Business model....
Why Employees Leave? Could be anything….Low work satisfaction, poor learning, individuals not aligned with organizational goals, recognition, compensation package, no self development or any other hygiene or motivational factors. Employee Experience and Retention Now, more than ever, organizations need to focus on the overall Employee Experience. The Employee Experience consists of all of the experiences...
It’s a way to set and monitor targets across the enterprise. The Mission tells you where you want to go, the Key Results are the results you need to obtain in order to get there. The benefits to companies working with OKR include greater emphasis, better collaboration and increased transparency. It helps to communicate company...
Balanced Scorecard is a strategic management tool that focuses on various perspectives that directly contributes in the enhancement of the overall Business Performance. History of the Balanced Scorecard The balanced scorecard method was first published by Dr. Robert Kaplan and David Norton. In 1992, an article by Robert Kaplan and David Norton entitled “The Balanced...
The more brand recognition a company has, the more business it will have. Tax Advantages: A Company form of business enjoys more tax – deductible allowances redeemable against its profits. Easy Transferability: Shares of a company are freely and easily transferable providing more liquidity to its shareholders Advantages are as follows:   Large Capital Public...
Many entrepreneurs looking to commence a business get perplexed on the best source of funding to seek for their startup. With the many options there are, culling the ideal source of financing can be an inundating process; however, weighing the pros and cons of each source will avail you optate the ideal one to go...