Just look at all the downsizing, right-sizing, loss of productivity, layoffs, severance packages, re-organizations, information overload - it’s Chaos. In these times of constant stirring, endless challenges and growing uncertainty, a question which arises is that how can companies and organizations maintain and even boost productivity with a now troubled,...
From the executive summary: ‘Many companies are feeling the pressure to employ technology-based training solutions instead of continuing their reliance on traditional classroom training. Some have even taken the plunge with pilot projects, producing both favorable and unfavorable results.’ However, it is important to ascertain the reasons for evolving a...
From the executive summary: ‘Due to the economic slowdown, many organizations had no alternatives but to lay off many talented IT professionals. In the contemporary era, the pool of available talent in the labor market is large. In the long-run, the impact of shifting population demographics on the labor pool...
No matter what industry a person is finding in, he/she has a feeling the difficulty of attracting, keeping, and motivating the workforce. The experts say that the great thing in this world is not where we stand, but what direction we are heading. Today's changing business environment resembles a roller...
From the executive summary: ‘A planning process can help to sharpen a vision, define good alternative paths to getting there, build common understanding and commitment, focus resources, balance dreams with reality, and shorten the time to reach important goals.’ In the modern-day dynamic business era, it is imperative for the...
It is quite easy to attract the best talent for companies. However, it is difficult to retain the existing employees. Most companies do not bother to retain employees because they consider it quite expensive process. Experts, however, suggest that companies must resort to creative ideas, which help in employee retention....
The entire military organization is structured to do what needs to be done in a way that generates and captures the highest possible potential of its members. Ensuring that the groundwork has been laid for harnessing the potential of everyone involved is articulated as combat readiness, a practice that provides...
From the executive summary: ‘Personal Passion is not about science or numbers and cannot be adequately measured or quantified. Yet, without passion every business will achieve only average performance at best, and at worst, only failure. While the nature of business demands attention to systems, formalities, numbers and the science...
The job of a manager/leader is very demanding and stressful. Managers need a clear understanding of what creates stress and how to deal with it effectively. The three parts of the managing stress triangle are: Demands, Coping skills and Reactions. The best managers know how to handle more demands while...
An organization should judiciously chart out the motivational plans for improving the employees’ performance. However, before plunging into action, a company must eliminate the ‘demotivators’, which hamper the process of motivation. The company should focus on providing meaningful benefits to the employees rather than short-term freebies that only give momentary...
Chances are that company have at least one employee who performs below acceptable levels. Perhaps he or she makes seemingly careless errors, consistently fails to follow instructions, or doesn't comply with your organization's "continuous improvement" requirements. the reasons which can be attributed to these failings are laziness, lack of commitment,...
A company’s annual budgeting process generally requires managers to project personnel requirements for the upcoming fiscal period. Unfortunately, this task offers little value beyond influencing the short-term allocation of corporate funds. Business world is changing at a dizzying pace, and what makes sense today may not a year from now....
Many people struggle when giving or receiving feedback, even when it involves praise. When it involves criticism, it often makes people squirm, even if it doesn't show on the surface. Some approaches to getting feedback on performance involve a third party conducting an 'objective organizational review.' Although on the surface...
This is a popular lament heard in interviews with many managers who are having trouble coping with an increasingly transient workforce. Customer service problems, missed deadlines and faulty workmanship are common symptoms of a deeper disease that plagues many businesses today- employee apathy. Many companies are mired in poor performance...
One of the most efficient and economical ways to increase profitability is to involve employees in the management decisions. It energizes them and creates a learning culture. A number of organizations provide ideas on how to run an effective employee suggestion program. Successful suggestion programs all have one thing in...
This article is mainly refered to Mediation Training provided to the Managers. It has been explained with the help of an example/case. It also demonstrates the value of mediation and conflict management training within organizations. In addition to the training, many organizations are creating both formal and informal internal dispute...
A very important question which arises is that what do hiring managers look for during recruitment? Some of these include academic qualifications, Professional and technical skills etc. However, the prevailing business dynamics are suggesting that workforce assessment needs a new tool to measure effectiveness, vis-à-vis the traditional static evaluation of...
Increasing global competition, rapidly changing technology and shortened product life cycles have forced companies to become more nimble and flexible with minimal overhead. Costs have been wrung out in other ways; no more guaranteed employment; reduced or eliminated benefits; eradication of non-skills training; outsourcing and a dramatic increase in the...
Productivity is the sum total of work accomplished by an employee in a given job which affects the bottom line. The work environment may be considered a lake. If miscommunication, poor communication, or non-communication hinder an employee from performing duties in a cost- efficient manner, it's a ripple felt throughout...
Product life cycles are growing shorter, customer expectations are growing higher, and technological innovation pushes the rate of change to higher and higher levels. The competitive bar for companies rises constantly, which means that the performance bar for executives rises with it. Just as companies that thrive will...
