Thinking of how to put your company’s strategic initiatives to better use? Take a look at this powerful business tool. Business leaders generally strive to bring together the best of the brains in the organization to come up with the winning strategy in the world. Everyone also takes pride to [...]
Every company, whether big or small begins with an idea; an enterprising idea is surely the basis of any startup. But, what actually sets your business on the right trajectory is the proper execution of the business plan. Do you know that strategic guidance and expertise can make or break [...]
The job of business consulting firms is definitely becoming tougher these days. Their work domain is replete with different and newer challenges that need a smarter and innovative approach. Menaced by the continuously evolving technologies and volatile markets, the firms today require taking a stand towards creating lucrative working [...]
Gone are the days when big changes were seldom made in organizations. Today the organizations are required to adapt and evolve seamlessly with the changing scenarios. Facing more complex, more interdependent and more cross-functional change than ever before, the companies need to deliver results on each stage of change. To thrive [...]
The balanced scorecard is a revolutionary management tool that has transformed the strategy execution and strategic human resource management in many organizations. A system that helps a firm to set its key strategies right is reportedly being used by not less than 70% of businesses to achieve their strategic goals. Any [...]
Performance Management ensures assessment of progress towards the predetermined goals, encompassing important facets such as performance parameters communication, agreement, and performance facilitation. The following generic steps would help most organizations to develop a strategic human resource management system. Performance Planning Development of 3 years rolling business plan Splitting the business plan [...]
Values are an intrinsic part of every organization. They influence an organization’s culture and environment. These values are responsible for creating the workplace you desire. But are the current values in line with your organization’s goals and do they complement your mission and vision? If the prevailing values do not [...]
A strategy consultant is a highly skilled and seasoned ‘management pundit’ who can advise on the strategic measures and provide a direction for an organization to grow. Companies seek a consultant so as to receive an expert guidance on matters which require exceptional prowess in a particular area. These consultants [...]
One of the major challenges faced by scholars over the years has been about formulating the exact definition and goals of talent management. As Lewis and Heckman (Authors – Talent management: A critical review) put, “There is a disturbing lack of clarity regarding the definition, scope and overall goals of [...]
As the organization begins to grow rapidly, it typically starts bagging multiple projects, investing in machineries, innovating their services and products and even acquiring new businesses. And while Business Leaders are busy relishing speed of growth, sometimes a critical fact eludes them. Which is, in addition to the Marketing and [...]
