How do Credit Default Swaps Work?
Credit derivatives were created in order to transfer the credit risk inherent in an instrument from one party to another without actually transferring the ownership of these assets. Prior to credit derivatives, there was no mechanism to isolate the credit risk of any financial instrument. Credit default swaps were amongst the first structured finance derivative […]
Types of Crisis
Crisis refers to sudden unplanned events which cause major disturbances in the organization and trigger a feeling of fear and threat amongst the employees. Following are the types of crisis: Natural Crisis Disturbances in the environment and nature lead to natural crisis. Such events are generally beyond the control of human beings. Tornadoes, Earthquakes, Hurricanes, […]
Edgar Schein Model of Organization Culture
The term “Organization culture” refers to the values and beliefs of an organization. The principles, ideologies as well as policies followed by an organization form its culture. It is the culture of the workplace which decides the way individuals interact with each other and behave with people outside the company. The employees must respect their […]
Relationship Between Organizational Structure, Design & Change
Relationship Between Organizational Structure and Culture Organizational structure determines the organizational behavior and influences the organizational culture. In addition, design of the organizational structure often determines how flexible or adaptable it is to change. The linkages between the design of the organizational structure and its resistance or acceptance to change are indeed deep. For instance, […]
Introduction to Leadership Development
Leadership development entails nurturing, encouraging, incubating, and mentoring prospective leaders. In many organizations, the HR department in conjunction with senior management identifies potential leaders or fast trackers who are capable and ensures that they are motivated and encouraged to give their best. This form of mentoring and coaching of future leaders happens through organizational commitment […]
Personality development plays a crucial role in success of an organization. Employees are truly the lifeline of an organization. It is rightly said that the success and failure of an organization depend on its employees. It is essential for employees to develop a sense of loyalty and attachment towards their organization. Employees ought to learn to face challenges and adverse situations with a smile. One needs to deal with problems and obstacles at the workplace in a sensible and mature way. Never panic as it would not only aggravate the problems but also demotivate other employees as well. Be a role model for others. As a manager, your job is to take your team along and smile through tough times. Management must organize personality development sessions from time to time to prepare employees for unforeseen circumstances.
Personality development sessions go a long way in grooming individuals for them to deliver their level best and eventually contribute towards the success of an organization.
Employees need to have a positive attitude in life. Remember there is no age for learning. An individual needs to upgrade his/her existing skills and knowledge with time to survive fierce competition. An individual with a negative attitude cribs in almost every situation and finds it difficult to cope with the changing times.
Employees need to work in unison for their organization to grow and yield higher profits. Every employee should work for the organization leaving their selfish motives behind. Some people find it difficult to work in teams. A team has individuals from different backgrounds and varied cultures who eventually have different mindsets and attitudes. One needs to have an adjusting nature to be successful at the workplace. Do not be too rigid. Never always find faults in others.
Conflicts lead to a negative ambience at the workplace where employees find it difficult to perform and deliver as per expectations. Personality development trainings should be organized at workplaces from time to time which teach employees to be patient, confident and efficient resources for the organization.
Employees are the face of their organization. They need to be presentable and should know how to converse with other fellow workers as well as external clients. You need to be extremely polite with your clients not only to expect business in return but also to maintain healthy relationship with them in future as well.
One needs to have excellent communication skills to make a mark of his/her own at the workplace. Personality development teaches you to communicate effectively. Choose the right words and be extremely careful about the content of your speech. You just can’t afford to be rude with your clients. If you do not know how to behave with your clients, you would be thrown out of the office in no time.
An individual who fights with his fellow workers is often treated as an unwanted member and someone who is hated by all. Remember as an employee, it is you who decides the culture of the organization.
Personality development enhances one’s personality and makes an individual a mature professional who can contribute effectively towards the success of an organization. Personality development helps in extracting the best out of employees, yielding higher profits for the organization.
Your email address will not be published. Required fields are marked *
Role of Personality Development in Reducing Stress and Conflicts
February 12, 2025
