Why Organisations Should Invest In Development Programs!
Business Manager|April 2017

Why don't organizations invest in learning processes and development programs that enable their leaders to keep their talent? Doesn't it make sense that better managers will yield better employee retention?

Dr. Ganesh Shermon
Why Organisations Should Invest In Development Programs!

"Stars are beautiful, but they must not take an active part in anything, they must just look on forever. It is a punishment put on them for something they did so long ago that no star now knows what it was."- J.M. Barrie. Yet Stars form the core of an organizational success. What makes these stars closer to ground so very different. Perhaps disruption!

People Disruption Rise of Stars Skills & Competencies

Competition for skills and talent is increasing. More importantly, this competition for skills is expected to intensify and become even more competitive when the Baby Boomers begin to retire (2012). Another issue is a mismatch between the skills and education young people are acquiring in their postsecondary educations and what's needed in the work force. The search for talent has become increasingly competitive over the past several years. Talent plays a significant role in leading organizations.

Digital organizations use leadership centers widely to ensure that they have a significant leadership pipeline. (Shermon and Shermon 2016). For example, in a Partnership consulting firm there is a never ending need for a large supply of partners to handle clients and balance sheet requirements, for example every balance sheet needs to be signed by a Partner as per the Institute of Chartered Association.

Clients in the consulting world also expect that mature leaders who understand the challenges and issues of the organization should handle their assignments. Experts from the consulting firms believe that this need for leadership center is built into their HR policies and is a frequent program.

a. The findings indicate that for organizations with less than 1000 employees, 82.5% of the organizations assess less than 100 employees, 13.4 % organizations assess between 100 to 300 employees and 4.1 % of the organizations assess greater than 300 employees.

Bu hikaye Business Manager dergisinin April 2017 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

Bu hikaye Business Manager dergisinin April 2017 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

BUSINESS MANAGER DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
Stress Burst Yourself
Business Manager

Stress Burst Yourself

Everyone who has ever held a job has, at some point, felt the pressure of work-related stress. Any job can have stressful elements, even if you love what you do. So its important to acknowledge and address it.

time-read
3 dak  |
March 2017
Workplace Stress And Burnout
Business Manager

Workplace Stress And Burnout

Human Resource needs to rethink its bell curves, talent pools, career progressions & succession plans. Much like Arjun who saw nothing but only the bird's eye, the Humanity Quotient can be a point of focus. Much can be tapped & seeped into from the mythological knowledge banks with an advantage of being a part of one of the world's oldest civilization.

time-read
4 dak  |
March 2017
The Importance Of Agility In The Workplace
Business Manager

The Importance Of Agility In The Workplace

Multi skilled flexible people play a significant role in developing agile enterprises. For most of the twentieth century management has improved by developing new and better systems. Agile firms are less dependent on systems, more dependent on the intelligence and opportunism of people.

time-read
5 dak  |
September 2017
Train The Talent Instead Hiring Fresh
Business Manager

Train The Talent Instead Hiring Fresh

In an organisation when there is a skill gap identified, inducting fresh talent to fill that gap is the normal course of action for HR. In the article the author argues that instead of opting for fresh talent, organisations should explore the possibility of reskilling and upgrading the skills of the present employees to fill the gap which is comparatively less expensive. It will also help in retention.​​​​

time-read
3 dak  |
September 2017
Building A Higher Education Institute - The Entrepreneurial Way
Business Manager

Building A Higher Education Institute - The Entrepreneurial Way

If life is the greatest teacher, what should our educational institutes be teaching? This question intrigued me for many years.

time-read
6 dak  |
September 2017
Making People Lives Happy By Financial Planning
Business Manager

Making People Lives Happy By Financial Planning

A lot of people told me that I was an idiot to go back to India and start off. People kept telling me that you will come back in 2 years so why don't you just start here in the US. All I had was a belief that I could make it in India, the drive that was necessary and the support of my wife, parents and a few close friends. I was convinced that I would find an audience who would appreciate advice in their interests and the fact that one could build a scalable business by following the simple strategy of 'Honesty is the best Policy'. Thus, MFA was born from my apartment's bedroom.

time-read
7 dak  |
September 2017
Entrepreneurship Is All About Taking Risk!
Business Manager

Entrepreneurship Is All About Taking Risk!

Happydemic is India's one of its kind digital platform for discovering and engaging some amazing performing arts talent which also caters to customised entertainment options. We have singers, poets etc who register on our platform and we then connect them with right audiences. The beauty of this idea is that it's a melting pot of dreams. 

time-read
6 dak  |
September 2017
Journey To Startups: Avoidable Pitfalls
Business Manager

Journey To Startups: Avoidable Pitfalls

This article is based on author's interactions with a number of small scale entrepreneurs with varying degree of success. Based on their inputs, he has identified some pitfalls in the journey towards entrepreneurship. Though the author has not recounted systemic issues like cumbersome regulations, long - drawn registration/clearance process, delayed or scant funding etc. rather, he has attempted to highlight issues which are more fundamental, specific and, therefore can be controlled better by the incumbent.

time-read
5 dak  |
September 2017
Ride On Technology Wave To Lead Business
Business Manager

Ride On Technology Wave To Lead Business

Interview With Ashish Chauhan.

time-read
10+ dak  |
April 2017
HR Should Create Less Bureaucratic And More Agile People Processes
Business Manager

HR Should Create Less Bureaucratic And More Agile People Processes

The Kempegowda International Airport, Bengaluru (BLR Airport) was the first greenfield airport to be built on the Public-Private Partnership model in India.

time-read
5 dak  |
December 2017