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Welcome to the January Edition of People and Management!

Developing a comprehensive framework for analysing many diverse issues in contractual design, such as performance-based pay for top executives, deductibles and co-pays in insurance, and the privatisation of public-sector activities won Oliver Hart, a British economist at Harvard University, and Bengt Holmstrom, a Finnish economist at MIT, this year’s Nobel Prize for Economics.

The Cover Story Contract Theory - Risk, Incentive and Reward looks at its merits and potential business application. Motivation and Retention – Embracing Ownership Share suggests various ways that can lead to substantial feelings of satisfaction and control, thus leading to immense motivation and increased retention.

Mr. Hari Padmanabhan, Chairman, PanIIT Alumni Reach for India Foundation (PARFI), talks about imparting skills to the youth through social enterprise.

People and Management Magazine Description:

People and Management is aimed at helping both HR personnel and other employees and has leading HR practitioners from the industry sharing their views and perspectives on a gamut of topics, which not only help companies to reinvent themselves but also enable them to consolidate and leverage their current strengths. Exhaustive research exercises conducted by our editorial team mingle with the varied and rich experiences of the nabobs of the corporate world to bring to you a qualitative publication.

At People and Management, we understand that –

HR is not about transactionals only
HR is not about textbooks and policies
HR is a mix of Theory and Practice...

People and Management - Your bimonthly corporate guide and ready-reckoner for all people-related matters:
Core HR, Case Studies, Dynamics of HR as a business and growth partner, Articles from HR Leaders on real-time on-the-job implementations of HRM practices and their learnings, Business Etiquettes and much more.
Also, alternate views dealing with topics on a metaphysical level and a regular dose of Feng Shui for personal and business growth.

People and Management - your Complete Human Resource Management Publication