Does Entrepreneurship Lead to Income Inequality as well as Higher Economic Growth?
Theoretical Perspectives on Entrepreneurship, Income Inequality and Economic Growth It is a known fact that Entrepreneurs garner the Lion’s share of the profits that their firms and ventures as well as start-ups earn. Indeed, this is something that both Marxists and Capitalists...
What is Lobbying, How it Works, and What are its Advantages and Disadvantages?
What is Lobbying and What do the Lobbyists do? We often read about the terms, lobbying, and lobbyists, being used in the mainstream media and the business press. Most of us also read about how lobbyists have influenced the outcome of a...
The Myth of the 8 Hour Workday! Why we need a New Approach to Productivity
How the 8 Hour Workday Concept Became the Gold Standard and Why it is Outdated One of the enduring legacies of the First Industrial Revolution is the approach to measuring personal and organizational productivity. With the advent of Manufacturing firms and industries...
Employee Layoffs – Handle Carefully
The term employee layoff is referred to as temporary separation of an employee from the employer. However, these days it is also used for permanent termination of an employee for business reasons. According to section 2 of the Industrial Disputes Act, 1947,...
Some Tips for Aspiring Entrepreneurs
The Difference Between Running Your Own Business and Working for One Entrepreneurship is by definition risky and an entrepreneur is one who takes risk with either his or her money or money raised from financial institutions and venture capitalists. Hence, entrepreneurs must...
Laid off in your 40s? Jobless in your 30s? Some Practical Advice on your Next Moves
The New Normal of Job Insecurity and Joblessness In recent months, we have been reading and hearing a lot about how Middle Level Managers and Senior Managers in the IT (Information Technology) sector are being laid off. Further, we are also seeing...
How Employee Engagement helps in Change Management ?
Various independent and organisation based studies have revealed that employee engagement is the heart and soul of the change management process. Multiple researches at highly productive and reputed organisations seeking new competitive advantages in this ever changing business environment have exposed that...
The Return on Knowledge
Knowledge management has been a buzzword amongst modern day companies for a few years now. However, many companies are still skeptical about investing significant sums of money in a knowledge management system. This is because the return on knowledge management can be...
The War for Talent: How the Best and Brightest are being wooed across Indian Campuses
The War for Talent in Indian Campuses There is a war for talent going across campuses in India. With the placement season in full swing, the news these days is full of stories that report how the top tier students in IITs...
Right Person for the Wrong Job! How Competency Mapping Can Solve the “Bad Fit” Problem
Why Competency Mapping Can Solve the Perennial Right Person for the Wrong Job Problem We often hear the saying, Right Person for the Wrong Job, being used to refer to people who are either too qualified or too competent for the job...