Vulture Capitalism: An Introduction
The fall of American giants such as Sears and Toys R Us has brought the focus back on vulture capitalists. People react negatively when they hear about private equity firms who have profited off the misery of other weaker firms. This is the reason why they have coined a derogatory term for the companies. This […]
Leadership and Motivation
Motivation is a goal-oriented characteristic that helps a person achieve his objectives. It pushes an individual to work hard at achieving his or her goals. An executive must have the right leadership traits to influence motivation. However, there is no specific blueprint for motivation. As a leader, one should keep an open perspective on human […]
Commonly Used Measures of Risk
The discipline of risk management has been evolving through the years. As a result, the process of measuring risk and assigning numerical values to them has also been evolving over the years. The earlier measures of risk were simplistic and rudimentary in nature. With the passage of time, quants have started getting increasingly involved in […]
Types of Exposures to Determine Credit Limit
The credit limits concept forms the root of the credit risk management practice at most organizations around the world. Financial, as well as non-financial organizations, use this practice since it has been recommended by the Bank of International Settlements in its Basel Accord. In reality, a lot of time, money, and resources are spent in […]
Different Types of Interpersonal Relationships
When two individuals feel comfortable in each other’s company and decide to be with each other, they enter into a relationship. A close association between individuals who share common interests and goals is called interpersonal relationship. Individuals who are compatible with each other enter into an interpersonal relationship. People must gel well for a strong […]
Employees are the backbone of every organization. They play a crucial role in controlling and also reducing the threats to organization. The major threat to an organization is a non serious employee who attends office just for the sake of it. Individuals need to love their organization for them to deliver their level best.
The first initiative towards reducing threat to organization is to genuinely develop a feeling of respect for your organization. Do not love your organization just because your Boss has asked you to do so. The feeling needs to come from within.
The moment you are loyal towards your organization, your productivity would increase manifold eventually benefitting the organization. Do not work just for your salary. After all money is not everything. Your career and professional goals are more important.
Keep confidential information to yourself. You can have best friends at the workplace but you really do not have to discuss work and team strategies with him /her. There are other things to discuss as well. Do not pass on information to your competitors. Trust me; it is in fact a crime to do so. If caught, not only would it spoil your entire career but also bring a bad name to you and your family. A sense of commitment towards the organization is essential.
It is unacceptable on part of a professional to share data, figures, balance sheets, salaries of employees, business strategies with not only competitors but also clients as well as friends within the organization. Data hacking is one of the cheapest activities an employee can indulge into.
Take care of your office property. Make sure your office machine is used only for official purposes and not for downloading movies, uploading personal pictures and so on. Use your office computer the same way you use your personal laptop.
Make sure the computer is switched off properly. Do not simply turn off the main button. It will crash your system. Your official email id should be strictly used for official purposes only and nothing else. Do not chat with your friends and relatives from your official email account.
Do not indulge in nasty office politics. Remember, going on strikes is not the only solution. Rather than indulging in unproductive activities, damaging office property, influencing co workers not to work, it is always better to sit face to face, discuss, sort out issues and reach to mutually beneficial solutions. Do not play blame games at workplace. Never spoil the work culture. Make your organization a happy place to work.
Respect organization policies. Keep important documents and files at proper places and make sure you lock your drawers properly before you leave for the day. Also lock your cabin properly so that no one else can enter and steal important data once you are out of the office. If you do not adhere to the security policies of your organization, do not be surprised if your competitor comes out with marketing strategies which you have formulated a month ago with your team mates. Lock your systems carefully. Do not keep common passwords which others can predict easily.
Keep your workstations tidy and never write important pass words, account details on loose papers. All important documents need to be put in the paper shredder first before finally disposing. You never know when someone can misuse the information written on them.
Memorize routes to safe areas from your work station in case of fire. Do know where the fire extinguisher is kept and also how to operate the same. An employee needs to know all emergency exits and also acquaint themselves with emergency evacuation procedures. Be prepared to face unwanted situations and remember never to panic.
Your email address will not be published. Required fields are marked *
