Skills that the HR Professionals Need to have to be Successful in the Present Times
The Key Trends that are Upending the Old Order and Resulting in Future Shock The field of Human Resource Management (HRM) is in a flux. With the old ways of doing things becoming obsolete and the new means of success yet to...
What is Social Capital? – Meaning, Barriers and its Application
Social Capital is a concept that aims at emphasizing the importance of social contacts between groups and within groups. It primarily means that social networks have a value associated and that they are not always detrimental in nature as previously thought of....
What is Social Mirror and How it Determines Individual Success in Career and Life
What is the Social Mirror and why does it Matter? In HRM (Human Resource Management) theory, there is a term called Social Mirror which is used in the context of how an individual’s upbringing, immediate environmental forces, peer influences, and societal perceptions...
Key Components of Strategic Human Capital Plan
Employees – their knowledge, experience, skills, innovative ideas, concepts are all valued possessions within an organization. An organization must understand its employees well to expect the best from them. Human capital management refers to developing strategies to hire, manage, train, develop and...
Talent Management for the New Generation
Most of the organizations do not feel much about managing their talent. Here is why they should – Typically, labor accounts for about 65 % of every business in any industry. The percentage is more for labor intensive businesses for example those...
Talent Management System – Applicant Tracking System (ATS)
Management systems are of strategic importance to organizations. HRMS and ERP systems are used these days in the administration of basic human resource data such as payroll, compensation, time management etc. Talent management systems are similarly used to offer strategic gains to...
Principles of Social Business
The idea of social business was given by Prof. Muhammad Yunus of Bangladesh. It was unique because unlike other concepts or businesses that were serving the society for namesake, social business was based on certain principles. These principles are seven in number...
Negative Effects of Social Capital
Although social capital has been defined in several different ways by different experts, however, most commonly it can be called as the outcome of social relations. It not only comprises of financial benefit but also includes expectative benefits that are derived from...
Special Training Programs
Most of training is either technical or behavioural in nature, but there are still other trainings that are neither. These fall under the ambit of special training programs and are conducted with an agenda of smoothening the work process within the organisation....
Social Entrepreneurship at its best – Microfinance and the Revolution in the Third World
How Small Entrepreneurs face lack of access to capital In recent years, prominent among the revolutions in personal finance and savings has been the rise of microfinance or microcredit as it is also known as. To understand how this works, picture yourself...
