What is Workplace Violence and How to Deal with it
Workplace violence is easily the most misunderstood concept in the contemporary organizational context. This is because the term is misleading and whenever one mentions workplace violence, we conjure images of rioting and destruction as happened recently in the Maruti plant in Manesar, India or the Foxconn facilities in China. However, without discounting these incidents as […]
Netting, Close Out, and Acceleration
Netting is a procedure that is commonly used by organizations all over the world to reduce their counterparty credit default risk. However, in order for the netting procedure to be carried out, companies should have contracts in place prior to the default event taking place. There is another procedure called close-out which is closely related […]
Challenges for an Effective Negotiation
When individuals find it difficult to adjust with each other, the best way is to sit together and discuss among themselves and adopt the middle path. Instead of fighting with each other, it is better to discuss things and come to an alternative benefiting all. Negotiation takes into account the personal interests of all and […]
Relationship between Volatility and Risk
Market risk and volatility are two terms that are heard a lot by many risk management professionals. To the layman, the terms may sound like synonyms. This means that the average person tends to think that volatility and risk mean the same thing. However, this is not true. The terms are related and have a […]
Altman’s Z Score Model
Academicians and practitioners from all over the world have been tried very hard to come up with a model which would help them to predict bankruptcy in a firm before it occurred. In the previous article, we have already studied how the expected default frequency model was used and what its advantages and limitations were. […]
A set up where individuals from different backgrounds, educational qualifications and varied interests come together on a common platform to achieve certain objectives is called an organization.
The art of managing the employees and extracting the best out of them refers to leadership. Employees should not treat their work as a burden for them to deliver their level best at the workplace.
An effective leadership enables the employees to work together as a single unit towards a common goal.
It is rightly said that success and failure of an organization depends on its leader.
A job mismatch at the workplace leads to politics and eventually demotivated employees.
Employees need someone to guide and correct them whenever they are wrong. A good leader is one who helps the individuals in their assignments and motivates them to deliver results every time.
In the current scenario, leaders should be more like mentors rather than being a strict boss. The “Hitler Approach” does not work in the existing situation.
It is essential for the leader to interact with the employees more often. Find out what they expect from you as well as the organization. Take initiatives and help them think out of the box.
To conclude leadership encourages the employees to trust their mentors and count on them always at the workplace.
Your email address will not be published. Required fields are marked *
