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To ensure a fair pay policy in our organization – we must align pay for a given role with the market value of that job by adhering to the best benchmarking practices.…
If you want to be successful in life – go ahead – accept and embrace the change. Resistance to change will be easy to spot in an organization that has…
The process of learning is hardly ever complete within the classroom – the learning beyond the classroom is also essential for the overall development. The lessons we learn outside the…
Teamwork is a coordinated and cooperative action of a group whose members participate responsibly and enthusiastically to accomplish a task. A supportive environment is of great consequence. Getting people to…
There are two major methodologies for decision making – the authoritarian style and the group method. In the authoritarian method – the executive makes the decision and explains the decision to the…
Planning a start-up in the SME space? That is indeed a great idea! If you work smart for an initial period of, say 18 to 30 months, there are fair…
Whenever we think of the office mode of working, especially in the Government, we are reminded of the word “bureaucracy.” Originally conceptualised by Max Weber, it is a term used…
Organizational Behaviour (OB) is an important concept in Management. It is a field of study that researches the impact that individuals, dyads, groups, teams, and structures can have on people’s…
Your performance depends, to a large extent, upon your mindset – if you think you can do it, you will be able to do it. All aspiring young entrepreneurs require…
Corporate Governance is the system of rules, procedures, processes, and systems by which a company is directed and controlled. Adhering to good governance practices brings about an excellent balance in…
Decisions and the process of decision making are fundamental to all management processes. But it is an inescapable fact of both our work-life and our personal life. It involves making…
This is a new segment on my blog called #StoryoftheMonth. The idea is to bring forward short stories, fables, and anecdotes, that have a moral or insight for the delight…
Workplace ethics are a vigorous set of beliefs that differ with people. These are a set of values and moral standards that need to be followed by both employers and…
Post-merger Integration Issues (PMIs) – this is the single main reason for the failure of M&As in quite many cases. Senior executives and other key managers generally remain occupied with…
Last week, I wrote a post about start-ups. I discussed the difference between start-ups and small businesses and what traits make start-ups unique. You can read it here. This article…
Value Creation means enhancing the worth of products and/or services being offered by a company to its customers. Businesses today concentrate on creating better value for their customers as well…
Your customer value proposition (CVP) is what makes customers choose you instead of the competition – CVP is the foundation of your competitive advantage. Your customers compare your CVP with…
What’s up with start-ups? By a start-up, we generally mean an enterprise or an entrepreneurial venture in the early stages of its development. Such ventures are promoted by a single…