Business Leaders often need help in planning future business growth based merely on traditionally used past financial performance indicators. There are several reasons why leaders find it challenging to define growth objectives : Past performance indicators may not always define future growth potential Financial [...]
Strategic planning is a process adopted by organizations to meet their long-term business goals. Keeping in view the volatile market conditions and technological developments, adhering to forecast- based planning is not sufficient for survival and growth. Forming an integral part of strategic human resource management, strategic planning defines clear business [...]
Conflicts at work place are almost inevitable and unavoidable. What is important here is to take corrective actions at the right time and in the right manner to ensure the tension doesn’t escalate and hamper the productivity at any level. Communication is one of the best ways that can help you [...]
The hospitality industry is one of the sectors that are very diverse and hence, relies on multitudes of talents and skillsets. Ranging from hotels & restaurants to clubs & tourism-related jobs, this sector requires meticulous human resource planning and management. The companies need a highly effective and strategic human resource [...]
Strategic human resource planning forms the very foundation of the organization’s working system that aims at aligning human resources with the company’s goals. It is the continuous process of systematic planning that facilitates optimum use of an organization’s most valuable asset- qualified employees. Human resource planning process undeniably ensures the [...]
If you are a manager you profoundly understand the importance of a high performing team. When a team accomplishes the project goals you earn accolades and when your employees fail to meet the set target, you are disparaged. Today most business firms are striving to develop a more strategic talent [...]
Every investment in a business needs to be done judiciously to ensure maximum returns. Paying salary to employees forms an integral part of the company’s total budget hence, it’s crucial to frame a well-structured compensation plan that fairly meets all the vital criteria. You can always take the help of [...]
High performing employees are an integral part of a company. According to the CEB reports the high potential employees(HIPOs) contribute 91% more towards achieving the company’s goals than others. They are the business assets that every organization desires to retain for meeting their long-term growth plans. However, identifying, nurturing and [...]
There is no denying the fact that an organization’s success largely depends upon its human resource management. An employee’s potential, aptitude, capability, and efficiency play an integral role in taking the company on the path of growth. In recent years Psychometric tests have been gaining ground in the industry for their ability [...]
What today’s cut-throat competition demands from an organization to be successful is attract potential candidates and retain key employees so that a strong, committed workforce can be built. So what is the secret to building this workforce – a workforce that empowers an organization to outperform the competition? During the [...]
