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Showing posts with the label Organization

Positive conflict is yardstick for boosting workplace culture

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Modernity in the workplace can be embraced through energetic dialogues between professionals in teams and business partners. Such conversations sometimes lead to heated arguments and raise conflicts that cannot be avoided. Conflicts among management personnel in growing or established corporations may not leave a detrimental impact. Intense or arrogant opinions among team members may offer the ground of innovation, increase sales and settle the evolving operational issues of the company. On Organizational battleground, diverse teams counterattack each other with their differing thoughts. When newly joined professionals put up their words in front of the project team, it may be viewed as an immature statement but hidden concepts may blossom into some creative business theme that can be advantageous for resolving deep seated issues in project development.  Positive conflict occurs in the workplace when office colleagues or project team members squabble on productive issues and have...

Impact of manager’s personal prejudices on the financial gain of multinational companies

  Management team is the core string in companies to generate a healthy environment and enthuse the workforce to boost productivity. Financial success depends on the impartial approach of managers in project development, promotion of personnel and offering emotional and job security. Adroit managers serve as promoters in the workplace to eliminate obstacles for disadvantaged people. Managers have to suppress their personal biases when managing diversity in the workplace to enhance production of the company. P rejudice is a negative trait of managers which results in attitudinal favoritism and means to prejudge something or someone on the basis of some characteristics toward specific groups and their affiliates. Such prejudiced attitudes can lead to elusive discrimination.  Managers must be emotionally strong to deal with a range of issues such as personal bias, discrimination, and stereotypes to successfully manage a dissimilar workgroup and create a positive, prolific ambi...

Water birth emerge as a soothing baby delivery technique for females

  Delivering a baby is both exciting and frightening feeling for females. Gynecologists offer myriads of options to expecting mothers for painless delivery. If everything goes normal, doctors espouse latest medical advancement to help pregnant women to opt delivery options keeping good health of mother and baby that encompasses, choose to deliver in the hospital, at a birth center, or at home. In recent medical progression era, many expecting mothers are inclined towards the option of “water birth” to deliver the baby. Pregnant women are often concern about unbearable pain during delivery and take decision for cesarean delivery which has lifelong precaution. Water birth is medical revolution which is gaining popularity in numerous countries. In Water birth delivery, pregnant women are submerged in a birthing pool to deliver the baby. At this stage, women feel more comfortable as compared to traditional delivery option. This procedure is quite helpful to lessen the pain and anxiet...

Importance of hybrid organizations in cutthroat competitive business

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Hybrid organizations are ubiquitously established at global stage. A hybrid organization is illustrated as a market-oriented and has broad-spectrum operation. In the arena of Institutional Economics, the phrase “hybrid organization” is used in reference to hybrids that operate between market and hierarchy. Such organizations unify features of non-profit organizations, for example volunteering, mission orientation and creating social and economic value. Fast paced globalization led to the hybridization process and the advent of hybrid organizations. Hybrid organizations mainly tackle environmental and social issues while retailing the product and services to gain advantage such as fair trade matters, social entrepreneurship in banking services. Essentially, hybrid organization hold functional and central structures and have similar administration policies. Subsequently, the hybrid organization is considered as a unification of government and a private company. It is visu...

Six sigma - An effective technique for companies to gain competitive advantage

Six Sigma is a systematized tactics for strategic process upgrading and new product and service development that depends on statistical methods and the scientific technique to make vivid reductions in customer defined fault rates. The notion of Six Sigma was evolved in 1986 by Motorola as a set of tools and techniques to enhance the processes. The term six sigma is based on a statistically measure that equates to 3.4 or fewer errors per million opportunities. Goals of Six Sigma : The key role of Six Sigma is to augment the performance of manufacturing industry. It was initially established as quality control especially for huge manufacturing companies. The major objective of six sigma was to improve the manufacturing processes along with removing the number of flaws found in them. Afterward, the approach of Six Sigma was extended to various other types of industries regardless of their size around the globe. Six Sigma methodology guarantees that the manufacturing process h...

Leadership is an essential management Capability

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Leadership skill is very influencing in a business set up. Leadership skills are basic and static throughout time, no matter whether business changes. Leadership is a process by which one person influences the thoughts, attitudes, and behaviors of others. Through leadership skills, professionals get success in today’s environment, such as the ability to energize a group of people to take on an objective and achieve it. It is the talent to take a company forward in terms of scale and scope. For example, when senior manger is facing crisis time in an organization, he copes up with the situation and in what way he utilizes leader ship skill to come out of jeopardy. Key Leadership Skills are as under : -Commitment, resolve and perseverance. It drives every aspect of the organization toward a singular unified purpose. -Risk-taking: Breaking conventions and developing new products and services to establish marketplace dominance (and possibly even create a uniqu...

Disruptive innovation is means for business growth of companies

Innovation of any kind is highly supportive and advantageous for business growth of any corporation. Today companies are making revolutionary changes in their business operations and hiring experts who can innovate products to capture global market. Among many innovative techniques, disruptive innovation has special significance. The phrase disruptive innovation has special meaning in literature. Disruptive innovation denotes to the processes of replacing older technologies with technologies that alter the sequence of development. Disruptive innovation was devised by Clayton M. Christensen (1997), who recognized them as novel technologies that transform the previous course of enterprises’ development. Disruptive innovation model Disruptive innovation initially attract customers and require certain value chain  of activities and ways of competing that are only different but which also conflict with existing way of competing. Many researchers and business ex...

Benefits of Reverse innovation

Innovation is understood as the successful commercialization of unique ideas, including products, services, processes and business models. It is a critical element of economic progress of any country. A reverse innovation is unfamiliar but dominant concept that entails any innovation espoused first in the developing countries. Reverse Innovation basically denotes to any modernisation that is first hosted in the developing countries like India which later implemented in industrialized marketplace. Reverse Innovation is also called as Trickle-up Innovation. Reverse innovation will transform just about every industry, including energy, health­care, transportation, housing, and consumer products. Reverse Innovation is effective strategy of innovating in incipient markets and then distributing/marketing these innovations in advanced markets. Many companies are engrossed in innovating products such as China and India and then dispensing them internationally. Factually, reverse inno...

Effective human resource strategy is a synonym of success

Any organization can progress and retain superior status in international market through formulating effective human resource planning. Human Resource Management is a comparatively novel slant to manage personnel in organizational setup to effectively compete in market. Employees are esteemed asset of and resource in this approach. It is concerned with the people aspect in management of an organisation. Since an organisation is cluster of personnel, their attainment, polishing of skills, inspiration for higher levels of accomplishments, are important activities in the domain of HRM. Abundant of literature denotes that human resource management practices contribute to prolifically attracting, developing, motivating, and maintaining a high-performing workforce that result in organizational success. The process of Human Resource Management comprises of four key activities that include acquisition, development, motivation, and maintenance of human resources. The prime mot...

Impact of flexible working hours on employee performance

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Employees are the asset of any company and help to thrive business in global platform. Therefore, employee satisfaction, talent retention and their management are prime responsibilities of firms to stay competitive in marketplace. Flexible working is recognized as a successful factor to accomplish a better work-life balance. Huge number of employees conveyed that flexible working help them in lessening and managing stress levels. There is strong correlation between the flexible working and performance benefits. In flexible working environment, employees give their best and it enhances productivity of organization. There are numerous ways by which employees can do work in flexibly such as part time working, term time working, job-shares, home-working, compressed hours and flexitime. There are many benefits of flexible working hours: The advantages of flexible working hours to businesses include being able to hold onto valuable staff, retain great talent pool, decreas...

Employee management at work

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Employee management in fluctuating business climate is a complicated phenomenon. Since last many decades, there is a fast growth in the workforce which has created new developments to deal with employee relations. It poses great challenges to management team in organization. In global business environment, management has to tackle numerous employment issues and preserve talented employees to meet the giant targets of company. Hitherto, management role was restricted to maintain relationship between a boss and followers who worked on given instructions of management without objections. Currently, the concept of management has been changed because of constant changes around the world and in the business environment. Therefore, it is a challenging task to manage employer-employee relations. To cope up these challenges in external business environment, human resource managers need to enhance skills such as active listening, flexibility and make changes in decision-making proc...

Impressive farewell speech by leaver of company

Corporate professionals, government officers and personnel have to float farewell speech when they depart from company or getting transfer. It is an emotional scenario in corporation from leaver as well as existing employees. On this   emotive occasion, it is highly important to share some good experience with company and colleagues and deliver stunning speech. To facilitate professionals or employees leaving from company due to myriads of reasons, significant tips and draft of speech is mentioned below. -       Delivery advices is that leaver must make pauses in his/her speech. It will have good impact on masses. It is again advised to leaver that speak gently and use the spaces between sentences in the scenario of pin drop silence. -       Good bye speech must be stuffed with poignant words. Such as it is hard to express my sadness to depart from you. When I joined a year or years back, we all are well connect...