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 [...]
In order to survive and grow in a highly competitive market, organizations need to adopt changes and embrace transitions in their business setups. Change isn't easy. The transition process is obstructed by several barriers and challenges. However, it’s those firms that overcome these hurdles, finally make their mark in their [...]
In today’s dynamic and globalized market scenario, the only thing constant is change. Every business and entrepreneur need to evolve and master the changes to achieve a competitive edge in the industry. In order to facilitate the transition in business operations, companies look forward to professional help. It is organizational change [...]
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 [...]
A management consultant is basically a problem solver for complex businesses processes and organizational structures. They offer strategic solutions that improve the overall performance and operation of an organization. Companies hire management consultants for their industry insights, analytical abilities, and problem-solving abilities. Even the big and established brands go ahead [...]
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 [...]
According to the data published by the Hindustan Times, management consulting segment contributes approximately $1.5 billion to the overall revenue of the business consulting industry. Today this sector is facing a host of business challenges that needs them to adapt to the changing scenario. The forces contributing to the issues confronted [...]
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 [...]
