Current Employment Trends and Their Implications for Business, Society, and Individuals
February 12, 2025
Teams are formed when individuals with a common taste come together on a common platform to achieve a predefined target. In corporates, individuals work in teams to share the workload and responsibilities. Team work is no longer just a topic to read in management classes, it is essential for the motivation of the team members […]
Leadership is as much about having a vision and communicating it to the followers as it is about the art and science of changing minds of both the leaders and the followers. To explain this further, one needs to look at the contemporary business landscape where leaders have to not only be persuade but be […]
Introduction The marketing mix refers to usage of the four Ps of marketing which are Product, Price, Place and Promotion. All the marketing strategies are developed around the framework of fours Ps. With the advent and progress of service industry elements like People, Process and Physical evidence were added to the traditional marketing mix. E-commerce […]
The Asian Juggernaut Aspiring entrepreneurs around the world have several opportunities both within their countries as well as in overseas destinations. With the opening up of many Asian economies, western entrepreneurs can now invest in countries such as China and India along with Indonesia and Thailand in addition to the latest entrants Vietnam and Cambodia. […]
A large amount of work needs to be done in the measure phase. This work also has a large impact on the performance of the subsequent phases, hence it is essential that the tollgate deliverables be understood and applied. The activities done in this module set the tone for how the rest of the process […]
The management must understand the difference between a dedicated employee and an employee who comes to office just for the sake of fun. The employees who really are concerned about the organization must be retained for better output and a healthy environment at the workplace.
Let us go through few steps to avoid talent drain:
An individual must be made to do something which really excites him and most importantly matches his background. The employees must be asked to accomplish the tasks in the most innovative way for them to enjoy their work. No one should be asked to do anything out of compulsion.
The team leader must not force anyone to work. Let them accept assignments willingly. The moment work becomes a burden for the employees, they look for a change.
Discussion is important but one should not irritate anyone. The team manager should also not make his team member’s life hell. Just give them deadlines and ask them to complete the assignments within the desired time frame. Motivate them to deliver their best but don’t be after their life. Remember everyone is mature enough to understand that work comes first, and everything later.
The human resource department must take the initiative to celebrate birthdays of employees at the workplace. This way people come closer, make friends, develop trust and are thus reluctant to go for a change. Major festivals should also be celebrated at the organization for employees to get attached to the organization.
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