How to Improve Interpersonal Relationship at Workplace ?
An association between individuals working together in the same organization is called interpersonal relationship. An individual spends around seven to eight hours at his workplace and it is practically not possible for him to work all alone. One needs people to talk to and discuss various issues at the workplace. Research says productivity increases manifold […]
Marginal, Incremental and Component Value at Risk (VAR)
In the previous articles, we have studied how the value at risk (VaR) models should be used to calculate risks. However, the calculation of risks is not the ultimate end goal. Instead, it is efficient management of this risk that makes the value at risk (VaR) model valuable. Let’s assume that in a particular instance, […]
Shannon and Weaver Model of Communication
Shannon and Weaver model is the most popular model of communication and is widely accepted all over the world. Let us first go through the following example to understand the model better. Peter is working as Vice president – Marketing with a reputed multinational firm. He is currently heading Mike who in turn is taking […]
Measuring Return on Investment (ROI) of Virtual Teams
Return on Investment is a popular analytical tool which is used to measure the benefits relative to the cost. There is an ongoing debate in the business world on which is better – co-located or virtual teams. Though there is no black and white answer to this question. But the key lies in carefully assessing […]
What is a Diversity Scorecard, Why is It Important for Gender Equality at the Workplace
What is a Diversity Scorecard and Why it is Important Typically, organizations have what is known as a Balanced Scorecard for measuring and tracking outcomes against goals. By “keeping the score” on how well they have been doing on various measures related to strategy, policies, and other imperatives, organizations use metrics and KRAs or Key […]
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.
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