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The Future Of Work: What Skills Will You Require For The Future?

We all understand that virtual and AI technologies are modifying the sector of work together with the need to learn new abilities and discover ways to constantly adapt as new occupations emerge for today’s personnel. Also, we realize that the COVID-19 pandemic has multiplied this modification. Since this is the period of the transformative effect of the 4th Industrial Revolution, it is high time to get started with the planning for the future of work. Believe it or not, in five years from now, more than one-third of the abilities and skills you consider is crucial for today's generation of employees might be altere Read more

Double Your Consulting Sales

Isn't it tiring trying to constantly demonstrate your value to potential consulting clients? Wouldn’t it be a lot less complicated when you needn’t leap through hoops simply to prove that you could assist them? The greater the value your potential customers associate with you, the greater they will be ready to work with you, and the greater they may be inclined to put money on you. So promoting consulting services not only calls for understanding a way to promote and sell your business, but also a way to qualify customers for your specific services. Both will let you save time and result in higher outcomes, that is, to finalize the deal and winning new or repeat projects. So what can Read more

Embedding Risk Management In The Company Culture

Following the 2008 crisis, financial establishments have been spending billions of dollars on risk management. However, most of their amendments have been short-lived since they failed to change their fundamental company culture. According to Weber Shandwick’s latest research, only one in every five personnel globally strongly admits that their business enterprise creates a positive culture, paving way for a lucid opportunity for improvement.

What is risk culture?

Risk culture is the same for every commercial enterprise. It is a culture that is consta Read more

Make Payroll Your Global Company’s Strategic Resource

Payroll influences the worker experience and presents records vital for making strategic business decisions. At the same time, it’s complex, includes a high risk of error, and may have considerable repercussions whilst errors occur. For international corporations, these issues are way more challenging as they need to additionally factor in taxes and legal guidelines affecting personnel worldwide. Albeit global payroll has its complications, it’s more than just a process to be handled. It can be used as your global company’s strategic asset. A specialized payroll process can enhance the recruiting and retention of personnel, engagement, and generate more visibility. Global industr Read more

Are You Worried About The Legal Risks Of Your Company?

While assessing your business risk profile from time to time, are you being worried about the several legal risks that emerge out of your business operations? Legal risks are typically specific and identifiable, and after they take shape, they can turn out disastrous in a lot of ways.

Why manage legal risks?

Legal risks intimidate you with various undesirable consequences. It includes huge fines, lack of goodwill, terrible reputation to even closure of business, loss of licenses, or imprisonment for people who are accountable for non-compliance with numerous legal guidelines. Here are some of the most important reasons why you need robust legal risk management Read more

Top 9 Management Consulting Ideas In India In 2021

In the present day, the management consulting industry is valued at 132 billion USD. This huge, especially profitable industry keeps developing globally, with industry hotspots situated in the UK and the US. To begin with, a consultancy business is a type of business that doesn’t require a whole lot of finance. The complete knowledge regarding the field is sufficient to start the lead. What is Management Consultancy? Management consultancy services offer professional guidance in the field of interest of the client's organization. The fundamental goal of a consultancy firm is to assist businesses to obtain their desired goals through learning. According to a last y Read more

The Evolving Role Of A Business Consultant In 2021

Consulting is a massive industry. In 2018, companies worldwide invested greater than $155 billion with consulting corporations and specialists. 75% of organizations spend between 2% and 5% of their consulting assistance fees. And another 13% invest greater than 5% of their expenditure on consultants. A consultant is someone who is a specialist in a specific field and offers expert advice to people and organizations in their field of expertise. It is contracted generally on a temporary or agreement basis till a specific goal has been attained. Rely Read more

Business of Culture: Aligning People Ideals to the Company Culture

According to a current LinkedIn survey, it is discovered that people could instead put up with a decreased pay (65%) and let go of an elaborate title (26%) than cope with a terrible workplace environment. Applicants are in search of places of work wherein they could intertwine their ideals with those of the organization, and work collectively for a common motive, and achieve success. As authorities struggle with ways to recruit the best applicants and retain employees, they ought to reconsider how they’re shaping and constructing a culture that unites everyone around a com Read more

Managing Business in Uncertain Times

Uncertainty is very similar to weather conditions. A circumstance over which people and businesses have little or no control. The extremity of uncertainty, just like the severity of the weather, can be fluctuating up and down. At most times, across the world, CEOs are working under a sequence of intense uncertainty alerts. How to come up with a good business approach in highly uncertain business environments? Some executives are looking forward to forming the future with high-stake bets. The business press likes t Read more

3 Smart Ways Businesses Can Improve Employee Morale Following COVID-19

While work may very well never be "normal" again, businesses are starting to learn how to best adapt to the “new normal” in the wake of the coronavirus pandemic. While many people may be eager to return to the office, there are a number of things to keep in mind in order to keep everyone as safe as possible. However, when it comes to adapting Read more

How to thrive in the corporate world?

Importance of Growth Strategy to Thrive in the Corporate World

“Growth is never by mere chance; it is the result of forces working together”.

- James Cash Penney

To thrive in the market, a company must craft its growth strategy skillfully and chart the path with poise and focus. The growth strategy helps the management identify various possibilities and choose the avenues of growth that will elevate them to the next stage of the company’s evolution. It is a process that every company follows in order to grow their business stronger and bigger. The company has to increase its revenues and strengthen other financial Read more

DEPLOYMENT OF VALUE STREAM MAPPING PRINCIPLES IN A SERVICES INDUSTRY CAN PROVIDE LARGE IMPROVEMENTS

Deployment of Value stream mapping principles in a services industry can provide large improvements The most important aspect that a company needs to focus on in order to ensure profitability for itself is to control the cost of production.  The major contributors to the cost aspect of production tend to be Manpower cost, Material cost, Machinery cost and Facility cost. The aforementioned costs need to be optimised to ensure maximum profitability from the product. Productivity programs are commonly deployed for the production side of the product based companies and not much emphasis is paid to the service side that eventually becomes the face of the product in Read more

IMPORTANCE OF VISION, MISSION AND VALUES (VMV) FOR AN ORGANIZATION

VMV as it is called, sounds like a no brainer to the world of strategy. Simply formulated and nicely articulated few sentences make up to the most important column of our websites. While it is important to lay down boundaries and focus in what we want to achieve, how we want to achieve and why we want to achieve, it is more important to ensure that the thoughts should reflect and encompass the changes that happen at both the micro and macro level. Not many organizations understand the power of having and practicing the right VMV. The “many organization” here includes companies from various segment, industry and sizes precisely from a bootstrapper to a record breaker and hence VMV i Read more