The Increasing Popularity of Corporate Wellness Programs and What HR Can Do
Stress Affects All Leading to Reduced Productivity and Loss of Person Hours It is commonplace these days for professionals and workers alike to complain about excessive stress due to their work and due to myriad other personal and professional commitments. Indeed, stress...
The Importance of Due Diligence in Human Resource Management Processes
What is Due Diligence and Why is it Important for HRM processes? We come across the term Due Diligence in many contexts as part of our everyday lives. Indeed, Due Diligence is used in a wide variety of contexts and fields including...
Industry Academia Collaborations Add Value to Corporates and Universities
The Need for Industry Academia Collaborations Industry and Academia cannot exist independently of each other. Just as the education system prepares students for their future careers, it also has to collaborate closely with industry to try to understand the needs of the...
Job Analysis – Job Description and Job Specification
Job analysis is primary tool in personnel management. In this method, a personnel manager tries to gather, synthesize and implement the information available regarding the workforce in the concern. A personnel manager has to undertake job analysis so as to put right...
The Importance of Values in Human Resource Management in the Post Pandemic World
What is a Value Driven HRM Approach and how can it be actualized in Practice? Values are everything when dealing with people. Without humane and compassionate approaches when dealing with employees, suppliers, fellow executives, and other societal and governmental stakeholders, people to...
Job Classification – Meaning, its Need and Importance
Job classification is a scheme of classifying a job according to the current responsibilities and duties associated with the job. It is different than job design in that the person assigned to the job is not taken into consideration. Jobs are classified...
Job Analysis and Job Evaluation
Job analysis is the process of identifying and determining in detail contents of a particular job, thereby, clearly defining duties, responsibilities, accountabilities, and skills associated with the job. An important aspect of job analysis is that the analysis is conducted of the...
Steps in Creating Individual Development Plan
Individual development plan plays an instrumental role in employee development. Individual development plan is generally prepared both by the employee as well as the employer as to what all initiatives the organization needs to take to enhance the skills of an employee...
Importance of Persuasion in Marketing and Sales
Persuasion skills are extremely important for sales and marketing professionals as they are paid not only to interact with potential customers but also motivate them to invest in organization’s products and services. Overall performance of marketing and sales professionals is measured by...
Improving Access to Finance for Young Entrepreneurs
Youth Entrepreneurship development calls for support from various quarters. Primarily the need exists to initiate a Youth Entrepreneurship culture and drive amongst the youth in the society. The youth needs to think and aspire to be entrepreneurs and explore their potentials to...