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 [...]
A balanced scorecard can be referred to as a business framework that facilitates managing and tracking an organization’s strategies. As the name suggests the balanced scorecard provides an opportunity to assess the business from different perspectives and at different levels. It primarily looks into four major perspectives that encompass education, [...]
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 [...]
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 [...]
