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You are an entrepreneur managing a start-up or an organisation to navigate it in the direction of sustained profitability and growth. To accomplish the mission of your organization – you…
The grapevine (or the corporate gossip) is the informal communications channel within an organization that is entirely different as also much faster than the firm’s or company’s formal communication channel.…
To be an intrapreneur means to work as an entrepreneur with someone else’s money! It means you do the work without taking any financial risk. For example, a middle-aged executive…
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…
Many of my readers already know that I have been striving hard to publish my first book. The first draft of the book is complete! I found a publisher too!…
You might have noticed that I did not post last week. I have not forgotten about you, dear readers. On the contrary, I have been working on something special to…
The universality of management is an important concept to consider in modern management thought. When describing management as universal, we refer to the widespread practice of management in all types…
The concept of competence as a source of competitive advantage has originated in studies of diversified firms. Managers started to conceive of the company as a collection of competencies rather…
I am glad to introduce 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…
Customer Value Proposition (CVP) is a well-defined and persuasive marketing statement related to a specific product or service that details the reasons why a consumer would benefit from purchasing it.…
The cost for a conflict is not only paid by individuals but also by the organization. Most workplaces try to suppress any friction between people. But if the management fails…
I feel proud in telling all my readers that I am an ardent fan of Ratan Tata. I am now in my early seventies enjoying my third inning as a…
A Visionary Leader/Manager is one – who formulates powerful strategies to outshine in today’s dynamic and volatile markets, responds appropriately to changing socio-economic trends and disruptive innovation practices prevalent in…
Your first business may not give you the success you have been dreaming of. Many entrepreneurs feel that their first idea will give them immediate success. However, this first idea…
Leadership is the capacity to translate vision into reality. ~ Warren G. Bennis Business practices are centuries old – when there were small businesses with local customer groups and there…
Working Capital (WC) refers to the cash a business requires for meeting its day-to-day operational expenses like financing the conversion of raw materials into finished goods, salaries, wages, payment of…
Without concentration and focus – you cannot even think clearly and meaningfully. Proper focus enables you to be more productive and helps you achieve success much quicker. The right focus…
The Indian Medical Association (IMA) celebrates 1st July as the National Doctors’ Day every year – as our dedication and gratitude to all the doctors and healthcare functionaries who have…
You and all other people at your workplace must adhere to a certain set of values when it comes to workplace ethics. It holds good for both employees and the…