Communicating Across Cultures
In these times when global corporations operate in many countries across the world, it is important for the employees in these organizations to know the nuances of intercultural communication. It is often the case that many Asian employees (especially the younger lot)...
Role of Communication in Interpersonal Relationship
Communication is said to be the basis of every interpersonal relationship. Infact effective communication is the key to a healthy and long lasting relationship. If individuals do not communicate with each other effectively, problems are bound to come. Communication plays a pivotal...
The Closed and Open Models of Public Administration
The closed and open model approach to the study of public administration focuses on the organization itself. One way to study complex organizations is to view them as an open or a closed system. Before we try to understand the open and...
What are the Challenges in Leadership?
Being a leader is not quite a cakewalk. Infact, to be very honest; managing people is one of the most challenging tasks. You really need to extract the best out of your team members and handhold them even in the worst situations....
Change is the only Constant in the 21st Century
The business landscape of the 21st century is characterized by ever changing trends and events that happen with so much rapidity that they take most business leaders by surprise. Considering the high turnover of ideas and fads, it is no wonder that...
Cognitive Psychology
Cognitive Psychology is another school of thought which examines the internal processes or cognition and attempts to study the thought processes, memory and the stages involved in cognitive development on a long term basis. The two crucial characteristics of Cognitive Approach which...
Common Threats to an Organization
What do you understand by threats to an organization? Threats refer to negative influences which not only hamper the productivity of an organization but also bring a bad name to it. Let us go through common threats faced by an organization. One...
What are Collateralized Debt Obligations and How do they Work?
Collateralized debt obligations (CDOs) are a very important and popular type of credit derivative. With the growth in structured finance, the origination and trading of collateralized debt obligations (CDOs) has seen a massive uptick. Their demand has increased multifold and as a...
Combining Towers While Building a Reinsurance Portfolio
The reinsurance industry has been largely fragmented till now. This is why it is common for ceding insurers to buy different reinsurance policies for their different lines of business. For instance, ceding insurers may buy separate reinsurance policies for their marine business...
Changing Organizational Culture
A common set up where individuals from different back grounds, educational qualifications, interests and perception come together and use their skills to earn revenue is called an organization. The successful functioning of an organization depends on the effort put by each employee....