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HR Agility: Managing the Change!

Progressive organisations that are seeking a profound competitive edge in the digital world have been increasingly focusing on the need for HR agility. However, there is lurking concern that HR agility is endangered to become a trending buzzword in corporate conversations. HR agility is basically the ability of the HR function to react instantly and adequately to the evolving employee expectation, business conditions and workplace disturbances. Therefore, HRs are expected to elevate their functions to a level where they can keep pace with the evolving demand. Today’s business processes have a more stable environment. The objective is to drive efficiency, consistency and risk reduction through tight procedures and controls. It is with the emergence of global competition, changing customer demand, political turmoil, supplier upheavals and economic troughs that the stability is getting replaced with permanent volatility. Gone are the days when the pre-structured polici...

How to get grip on workplace bullying?

Akeela having completed her executive MBA in marketing from a top b-school has recently joined a tech startup in Bangalore. During the interviews, she was trying to gauge the culture of the company however with limited time available in the office space and lack of inputs available on the internet about the startup company, she couldn't find much information and reviews. Shortly after joining, she realised that her boss, an ex-star rated employee of a big 4 firm, has been extremely loud and foul mouth. While Akeela was on the learning curve in the very first week of joining, she found her boss to have humiliated her in public twice for not knowing a few data analytics processes. This was an extremely unsettling feeling for Akeela. Soon she found from her colleagues that there has been a high drop out in the past because of the bad behaviour with the employees. And in the very first month of her joining, she started regretting her decision of joining a startup. In the pres...

Role of Artificial Intelligence in Logistics and Supply Chain Industry

As we are moving in the digital era, the term 'Man-made consciousness (AI)' is a part of our day by day discussions. We hear all kind of things about machine learning having a worldwide effect by streamlining and simplifying the procedure we perform to complete a task in a more productive and less tedious way. What is Artificial Intelligence?  We heard a lot of AI or technological advancements, but what exactly these terms are? In straightforward terms, Artificial Intelligence (AI) is the capacity of a machine (or a mix of various machines) to settle on wise choices (like what people can take) in view of the accessible dataset. The process of self-learning by machines is otherwise called machine learning. How Artificial Intelligence is affecting the logistics industry? • The estimation of the Indian  logistics industry  is relied upon to increment from US$160 Bn to US$215 Bn in the following two years. • Indian organizations are quickly coordinating AI w...

Transition at the Top Level, Reasons & Solutions!

“With rapid movement at the top management, now headhunters are geared up for a better display."  The role of leaders at the C-Suite level is evidently crucial, hence any transition taking place at this level will affect the whole organization. On the other hand, these movements have emerged as a good business proposition for the headhunters. With the increasing pace of transitions, the headhunters have become even more active and are trying to get hold of the segment by showcasing themselves in the best possible manner to the prospective clients. But what led to these sudden transitions at the C-suite level? The current volatile economic scenario and the greater competition among corporates have made board members/promoters more aggressive in their approach to sustaining growth. This leads to the higher expectation of board from top management to deliver faster results which is a herculean task considering all practical feasibility. Also, sometimes people ap...

When celeb CEO resigns, should the team, board members and investors worry?

CXO level hiring. Undoubtedly, the drastic changes at the top management do affect overall organizational operations. And many times it makes a detrimental impact on productivity and short-term profitability shakes the confidence of customers, investors .also this can lead to loss of key talent in organization These effects can be multifold if he is celeb CEO. Like we witnessed 30 go air pilot’s resigned after CEO exit, Reliance Life has taken some hits last financial year when Anup Rau resigned. Sometimes Celeb CEO exit may even effect various cos like ripples were there in some startups when Nikesh Arora resigned. High-profile departures remained a very frequent activity in the start-up ecosystem in India this year. in case of start-up brand equity of the company is mostly dependent on Celeb CEO. When the CEO resigns for reasons unrelated to the business, especially unseemly ones, we can expect some serious financial hurt. In t he current volatile economic ...

6 Ways to make your work life happening

Being working doesn't mean it has to be boring, it's about finding the gaps and filling them with wonderful things. Here's is how you can do it. Stop being calculative When you are working with an organization and staying there for major part of your day, you are supposed to pour your heart out to every task you do. We have to stay there for 8-9 hours, there cannot be an escape, then why not utilize it fully for learning, exploring and accomplishing our best. Time killers   Every organization contains some specific lot of people, who are more focused towards not-so-important issues rather than their work profile. They mostly spend their day gossiping, cribbing, complaining or having juicy discussions about the personal lives of other colleagues. Naturally, they have no personal development goals and pretend to be the most ideal human beings present, our suggestion is to ignore such people politely. If given choice spends your valuable time talking to great minds...

The rising of Functional Managers

In recent years, the market globalization is fueling greater competition among corporates. Now large institutional shareholders are becoming a new source of external governance.  In response to these massive shifts in the environment, the firms are spinning off their peripheral businesses, focusing on core areas and outsourcing selected activities.  One of the recent transformations in the corporate world is the skyrocketing number of executive team. According to a survey of some 300 Fortune 500 companies, the number of functional managers reporting directly to the CEO has doubled, from an average of 5 direct reports in 1986 to an average of 10 today.  A power shift is occurring in modern businesses as the functional managers who report directly to the CEO – are taking greater control in business management.  CEOs are eliminating layers in management ranks, broadening their spans of control, and changing pay structures by increasing in...