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...
Strategies for Professionals on how to Deal with Gloomy Economic Conditions
How to deal with Paltry Hikes and Bonuses The gloomy economic conditions prevalent in the West and most parts of the world call for some specific strategies from professionals who need to deal with them. To start with, it is a fact...
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 Process
People are, undoubtedly the best resources of an organization. Sourcing the best people from the industry has become the top most priority of the organizations today. In such a competitive scenario, talent management has become the key strategy to identify and filling...
Talent Management – Opportunities and Challenges
There is no dearth of professionals but there is an acute shortage of talented professionals globally. Every year B-schools globally churn out management professionals in huge numbers but how many of are actually employable remains questionable! This is true for other professions...
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 Innovation ?
Social innovation is a very wide term that includes ideas, ways and means, strategies and even organizations that works out innovative solutions to meet the demands of the public, especially those who live at the bottom of the pyramid. It may include...
Staffing Role of the HR Manager: Strategic Workforce Planning
Staffing and Recruiting during the Boom Years One of the key areas that the HRM unit works with is the staffing function. Hiring and on boarding of employees’ remains a critical activity that many HR managers are yet to master. This is...
Role of HR Consulting Firm During Termination and Outplacement
Termination of employment simply means the ending of employment in a particular organization. Termination of employment is inevitable in any employment relationship and it may happen either voluntarily or involuntarily. Voluntary termination may come through resignation, retirement or death of the employee....
Talent Management and Succession Planning
In one our write ups we mentioned the problem of succession planning in organizations. The basis was the SHRM survey of 2003 that found out that 60% of organizations have no succession planning at all. We discuss the phenomenon in detail here....