Employees are the company’s greatest assets. Recognition and appreciation are the key motivational factors in a workplace. National Employee Appreciation Day was observed annually in first Friday of March and it is created in such a way to grab the…
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Every company has two important tasks, Nurturing leadership quality in the mind of the employees. Develop new leaders to handle tomorrow’s business situations. Concordia University’s business educators suggest that the following four steps can develop a future leader. Mastering the…
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Maximizing the minimum and opting for the optimum must be the goal of every company. That is possible by giving a lift to the employees who do not perform well. Usually good performers are recognized and poor performers are ignored,…
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Employees had limited expectations in earlier times. They wanted long-term job security. They wanted some low-cost benefits. In the modern times, employees’ expectations have become very complex. In such a situation, five successful methods can be used for talent retention and…
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Gallup researchers studied 49,928 work units with 1.4 million employees. The result confirms the expected connection between employee engagement and key performance outcomes. Customer ratings, profitability and productivity are higher with engaged employees. Shrinkage, absenteeism and quality defects are higher…
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The best employee does not descend from the heaven. Nor is he born in a hospital. The best employee can be nurtured and cultured through systematic planning. No employee can function without some skills. More and more these skills are…
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Succession planning is a contingency strategy that helps resolve uncertainties arising in an organization. Though the uncertainties cannot be predicted, it can be planned well ahead before it could happen. What is succession planning? The primary objective of succession plan…
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Regardless of the size or industry every organization sets goals which enable managers and employees to look ahead and plan for the future actions for meeting those strategic visions. Most leaders understand the key to achieve sustainable success and remain…
Read MoreThe word “change” can possibly scare even the strongest person. When we consider organizational change, it is often necessary to adapt a few positive changes to keep pace with the developments in the market and constantly evolving world. Organizations who…
Read MoreSuccession planning is an important element of Talent management planning. What is succession planning? Succession planning is a type of planning where organizations identify internal employees as potential candidates for filling future vacancies that may arise within the organization and…
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