Principles of Entrepreneurship
Entrepreneurs need to follow some basic principles which would serve as guidelines and beacons for their success. Based on the research conducted over a period of three years and by interviewing more than 150 entrepreneurs, noted author and management expert, Bill Murphy...
Public Private Partnership Projects: The Indian Experience
Introduction Infrastructure is crucial to the growth and sustenance of the Indian economy. With the country being a developing one which is just now beginning to enter the trajectory of economic growth that would catapult it into the league of developed countries,...
Qualities in an Organization for a Better Employee Retention
Employee Retention refers to the various steps involved to retain the outgoing employees. Hiring is a cumbersome process and it is really not easy to find an employee who is loyal towards the organization and looks forward towards achieving its targets. An...
Pre-requisites of Participative Management
Participative management can best be described as a style of decision making that ensures that involvement of stakeholders at all levels. This operates at three levels, Problem analysis, strategy formulation and final implementation of the solution. There are certain prerequisites to be...
How Predictive Analytics helps HR Managers make Better Hiring Decisions
What is Predictive Analytics and How Does it Help Decision Makers Predictive Analytics or the technological tool that combines AI or Artificial Intelligence, Big Data, and Analytics software is taking the world by storm. Not a day goes by without reading a...
Predictive Analytics in Knowledge Management
The foundation of a strong knowledge management (KM) system is data. However, using data effectively is the key to real success. Companies can perform a process called predictive analytics with their data in order to save valuable time and money within their...
Prerequisites for a Performance Management System
Performance management can be regarded as a continuous process managing the performances of people for getting desired results. Performance management is beneficial to all the major stakeholders of an organization by clearly describing what is supposed to be done for attaining certain...
Purpose of Job Analysis
As discussed already, job analysis involves collecting and recording job-related data such as knowledge and skills required to perform a job, duties and responsibilities involved, education qualifications and experience required and physical and emotional characteristics required to perform a job in a...
Preventing Relapse for a Training Program
‘People often say that motivation doesn’t last. Well neither does bathing – that is why we recommend it daily’ said Zig zagler. One of the strong objections to the usefulness of training is that the impact of training programs doesn’t last longer...
Processes in Human Resource Management
Each organization works towards the realization of one vision. The same is achieved by formulation of certain strategies and execution of the same, which is done by the HR department. At the base of this strategy formulation lie various processes and the...
