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Found 1748 Articles for Growth & Empowerment
268 Views
The major contributing factor to the success of digital transformation in an organizational structure is the attitude of the people involved. The employees of an organization can make or break the company. With this context in mind, it becomes extremely critical for businesses to adapt or improvise their people management strategy in the same manner. Digital transformation creates havoc for the employees involved; it ultimately benefits the employees only, but a lot is lost in between. In this article, we will be diving deep into how organizations can change their people management strategy to suit digital transformation and how some ... Read More
174 Views
Design thinking is a modern, humane, and creative way to solve business problems. In the business world today, where automation and data are the key factors, design thinking helps in solving problems and running the business in a more human way. Companies that automate are losing their human touch; for them, generalization and mass production of goods and services are the key factors in satisfying consumers and their needs. But while doing this, they are losing the humanity and creativity of business. A product that is the same for all and is low-priced can be replaced by another low-priced and ... Read More
142 Views
Businesses in every industry today are under tremendous pressure to digitally transform themselves. Every day, new companies are coming up with better technologies and trying to outpace the success of well-established multinational corporations. Technology has turned around the entire business platform. People with limited financial and human capital resources are doing wonders. For example, take WhatsApp, an application used in many countries and very popular in the Indian market, which even today has only 34 employees working for the company. Facebook, launched by Mark Zuckerberg to connect the alumni of Harvard students, is today used by more than 100 million ... Read More
77 Views
"Necessity is the mother of invention." The pandemic pushed us to accept the digitalization and collaboration of different functions of the business to run smoothly during the dreaded time. Now that the situation has improved, we can see that both employees and employers prefer the work-from-home model for a variety of reasons. The work-from-home model is leading to the opening up of the job market globally, and hence we are experiencing issues like retention, attrition, higher salary hike demand, less engagement among the employees, loss of productivity and motivation to succeed, and others. Modern problems require modern solutions, and hence ... Read More
106 Views
Every organization in the business world, irrespective of the industry, has understood that they need digital transformation in their business model to survive and thrive in the cutthroat business environment. Digital transformation will help businesses not only produce better and more but also sell more. Digital transformation opens up the gates of efficiency and volume sales for the business. Companies can digitally transform by − Selling their goods online Ensuring that they can hire and make the employees work from across the globe and thus gain the best talent and save up on operational costs. Produce more and ... Read More
76 Views
Design thinking is a human-centric, customer-centric, and creative way to solve modern-day complicated business issues. The world today is running on data, automation, and generalization. Design thinking, on the other hand, dares to be different. It is a very subjective form of problem-solving, and it helps the companies get an edge over the competitor, the competitor’s product, and the way they do business. It is time-consuming because it is subjective and a costly affair, but it helps the company create a bond with its consumers, which is going to ensure that the firm earns much more revenue than it originally ... Read More
160 Views
It goes without saying that employees are the building blocks of an organization. However, here’s the catch! To achieve long-term success, an employer needs to ensure their teams comprise high-potential leaders to keep their employees on the same page! Pruning your team members and investing in upskilling their personal and professional abilities is one of the major responsibilities of your leaders. Management is a crucial entity of a company and plays a vital role in maintaining a healthy work environment within the organization. Therefore, the managerial hierarchy should include high-potential leaders who can bring innovation in their team handling ... Read More
76 Views
Leading a team or an entire organization is challenging, especially when working with people with different skill sets and experience levels. Moreover, the role becomes more demanding when there is rising market competition and uncertainty regarding customer demands and economic turbulence. Companies and their data are moving at a fast-paced speed, making it hard for businesses to keep up with the growing competition. This is where leadership coaching comes to play, enabling organizations to develop highly talented and efficient teams to bring more innovation to their work processes. What’s more, leadership coaching is vital for retaining your company’s talent ... Read More
140 Views
Data is the fuel that runs the business world today. Data is present everywhere. The Human Resources department, just like other functional departments today, is using its internal data and industry-standard data to produce impeccable learnings. Human capital is the most important capital in the business, so businesses must take care of it. An HR dashboard helps the business understand the composition of the employees, what issues the company is facing when it comes to its employees and its working environment, and what the company is doing better than the industry. In this article, we'll look at how human resources ... Read More
198 Views
Businesses today revolve around the satisfaction of consumers. Consumers are spoiled with choices today, and every day a new brand comes up with a similar product but at a lower price. Hence, in this tough time, what can help a business thrive in the short term as well as the long term is customer satisfaction. design thinking in a customer-centric approach to solving complicated business problems. "Design thinking" is the new buzzword or trend in businesses today. In this article, we will be diving deep into the 5 steps of the design thinking process and their importance. The Concept of ... Read More