Turnaround Strategy- Definition, Stages And Elements
Most corporate organisations fail due to mismanagement. When a corporate organisation encounters economic distress, the organisational management puts a strategy or plan to get things back on track and call it a turnaround strategy. Moreover, when a plan or strategy doesn’t work as expected, the leadership corrects it through specific actions or restructuring under the…
Master Your Skills: 7 Types Of Business ManagementÂ
Do you think managing a business is easy? It is more like building the Eiffel Tower without professional engineers. Just like initiating a business requires resources, managing it requires skills, knowledge, and better understanding. Planning, directing, and decision-making are the major parts of business management that are important to consider in order to achieve organisational…
Top Tips To Manage Age-Diverse Workforce
Having age diversity in the workforce is like having a secret recipe for success. It adds a dash of innovation from fresh perspectives mixed with a sprinkle of wisdom and experience. This combination not only fuels creativity but also leads to more effective problem-solving. However, it’s not all smooth sailing. Managing age diversity requires a…
Clinking Glasses or Clashing Goals?: Alcohol in the workplace
Back in the 20th century, Alcohol was synonymous with the workplace. Whether it’s the factory workers, bankers, sales reps, or any other working-class people, everyone had a drink or two at the end of their shift to lighten the effect of their hectic day. However, this culture saw a shift at the turn of the…
Invest in Benjamin’s Advice
Known as the father of value investing, Benjamin Graham was an American financial analyst and investor of global renown. Value investing entails investing in securities which seem to be underpriced and holding on to them til they attain a valuation in line with the stock’s fundamentals. Born on 9th May 1894 in London, Benjamin’s one…
The Agile Response to Customers’ Needs
The recent success of Dell Computer Corporation can be attributed to its innovative and finely tuned distribution channel for directly selling to customers. This competitive edge revolves around the idea of customised agile response. Customers can access product information, place orders, or receive quotes promptly through various channels: face-to-face, over the phone, or online. As…
A Comprehensive Guide On Agile Project Management
Agile project management tools and methodologies are becoming quite handy for managers, enabling them to handle multiple projects efficiently. Think of it as more than just a methodology—it’s a mindset shift that’s become a game-changer in today’s fast-paced world. Why? Because being agile isn’t just about being trendy; it’s about survival. Take a look at…
India’s Higher Education Overhaul
The Indian higher education system is undergoing rapid transformation with the implementation of the National Education Policy (NEP 2020). A target of achieving a Gross Enrollment Ratio (GER) of 50% in higher education by 2037 has been set, alongside a focus on enhancing the quality of education, which is crucial for the nation. It is…
Hidden Pitfalls of Online Education
The online education market in India is expected to grow by a staggering 50% from 2021 to 2025 and reach $5 billion by the financial year 2025 (Bengaluru-based market research firm RedSeer). As the Indian education system steps ahead with EdTech, we need to ask: Are these changes entirely beneficial, or are we overlooking some…
Silent SufferingÂ
Bullying in Indian schools is becoming a significant threat to the nation’s youth. Based on the research paper published by Shweta Singh, BHU, in ResearchGate, around 50 to 60% of students experience bullying, which can harm their mental health and, in extreme cases, lead to tragic loss of life. School bullying involves aggressive behaviour that…