The Staffing Challenge in MNCs: Expatriates or Locals in Overseas Locations
Why MNCs Need to Follow a Glocal Approach in Staffing of their Operations Overseas Unlike domestic firms that operate in their own countries, Multinational Corporations or MNCs that operate worldwide face several challenges in terms of staffing and other Human Resource Management...
Talent Management by Successful Companies: Insights from Recent Research
Talent Management by Successful Companies The previous articles discussed how successful companies develop and nurture leaders and groom them for higher roles as their career progresses. The role of the HRM function is critical, as there needs to be excellence all around...
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...
As Tech Firms Layoff Thousands, Is the Party Over and What It Means For Indian IT
Meta, Tesla, Twitter, and Amazon Layoff Thousands! Is The Tech Party Over? First it was Meta, and now it is Tesla and Twitter. Now Amazon and other Tech firms are laying off staff in the thousands. So, does this mean that the...
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...
Advantages of Social Enterprises
Social enterprises tend to operate with a purpose of creating value for the society and also generate income (if not wealth). As a thumb rule, the solutions they offer are supposed to be innovative, unique, people and environment friendly; Cost effectiveness is...
Searching for certainty in an uncertain world: Strategies for Businesses and Professionals
An Uncertain World, an Unknown Future, and Extreme Unknowns We live in a world with extreme uncertainties. With technology accelerating at a breakneck speed and disrupting familiar patterns of living and working, businesses, governments, professionals, and students alike have to be prepared...
Shortcomings of Employee Multitasking
Everything in life comes with some positives and some negatives. Every coin has two sides and the same logic applies to employee multitasking as well. Employee multitasking has both pros as well as cons. Let us go through the shortcomings of employee...
How Self Learning can help you be Ahead of the Curve in a Fast Changing World
The shelf life of working professionals is reducing by the day. While in the immediate years after the Second World War, professionals could expect the knowledge they gained during their study to last for a decade or two before it became obsolete,...
Skilling the Workforce to Make them Employable and Contribute to Economic Growth
Need for a Skilled Workforce Any employer needs a workforce that is competent and has expertise in the niche that it operates in. For instance, manufacturing industries need skilled workers who are able to function effectively on the shop floor and this...
