Most non-finance functions struggle with developing a financial perspective. But since organizational success is based on financial health, it is imperative for all employees to understand financial implications.
Ownership & Accountability are key ingredients of successful professionals and even organizations. Ownership & accountability have been found to not only enhance performance but have an overall impact on competency and morale of employees. However, most organizations struggle with these competencies.
Effective Crisis Management is necessary for any successful organization. Crisis situations are unpredictable and unavoidable. If organizations are not backed by established preventive measures, then it will lead to heavy loss both in terms of finance and human resources.
Conflict is native to all social life. One cannot really escape conflicts and neither one should because productive conflict can be useful. If conflicts are not resolved, it can lead to job dissatisfaction, reduced group cohesiveness, and increased turn-over rate.
In the corporate world these days, meetings are scheduled one after the other but whether the outcome is productive or not is the question. Is the agenda being followed? How effective are the outcomes?
Don’t we use these terms effectiveness and efficiency quite a lot of times? Do you think they are interchangeable? The answer is no. Mostly the focus is towards efficiency.
Job interviews have always played a vital role in personnel selection and promotions. However, often the hiring managers and supervisors make expensive mistakes as they are not aware of specifically what they are looking for.
The shift from a carefree and playful college setup to the formal functioning of organizational environment could be huge. The freshers have to adapt to the new environment, understand its functioning and tackle the demands.
Have you ever been in situations where you have to give a critical feedback or painful information? All of us have to go through such situations in the workplace.
Growth is always essential and it is quite inevitable too. With promotion and development also come responsibilities and expectations.