Articles

Entrepreneur Personality Traits & Characteristics to be Successful

2021-02-14T05:49:57Z

Not everyone has the personality or attitude to start their own business. The people who are extremely dynamic, who have a risk-taking ability and are extremely hardworking are more likely to become entrepreneurs & succeed. A good entrepreneur has several good, strong & unique personality traits. Some of main characteristics of a successful entrepreneur are he or she is a visionary, has risk taking ability, problem solving skill, go-for-it attitude, good communicator, open to challenges, time management skills and identifies key opportunities.

The World of Smart Manufacturing

2021-02-14T05:46:27Z

Over the last 2 decades the two most important things have driven business. The first one is improvement & rapid development of high-tech computers. The second one is the penetration & faster speeds of internet. This has revolutionized how businesses are done worldwide. Phones has been replaced by mobiles, paperwork has been replaced by cloud documentation and processes have been automated across industries.

Coronavirus & its Business Impact Across Sectors

2020-03-22T13:28:04Z

The Coronavirus pandemic has completely eroded business world over with all industries struggling amidst a global lockdown. Since the beginning of 2020, the spread of coronavirus has completely destroyed the business ecosystem world over. Businesses world over have lost trillions of dollars and one the worst global recessions have hit the world.

Maximizing Business by Maintaining a Healthy Talent Pool

2020-01-19T10:01:32Z

In any business, the work force is the most critical factor. Whether it is creating a new product with R&D or managing funds with the finance team or simply ensuring smooth business operations with the analytics team. The employee talent pool is extremely important for any business to flourish. Companies opt for several options to maximize efficiency of ensuring they have a strong and healthy talent pool, who is driven to contribute in increasing the business.

Impact of Digital SCM in Modern Business

2019-07-25T17:03:08Z

For every business, scm or supply chain management becomes pivotal for carrying out daily business operations. From data management to storage to managing inventory etc are all under the purview of supply chain management. Companies are proactively taking up newer techniques & methods to improve existing processes and this is where digital scm has an important role to play.

Inclusive Workforce using Workplace Diversity

2019-06-16T06:51:39Z

In the late 1960s and the early 1970s, when various terms and conditions for affirmative action and equal employment opportunity were laid down, diversity was merely a buzzword, a buzzword which primarily meant differences in gender, color and race. With the onset of time, the scope of characteristics that are included in diversity has increased tremendously. Some of the new elements that have now become a part of diversity are physical ability, ethnicity, age, religious belief, educational background, work experience and many others.

Startup Funding & Valuation Bubble for Indian Ventures

2017-04-22T07:18:04Z

“Sweat Equity is the best Startup capital”, words spoken by American Businessman and Investor Mark Cuban, popular among the general populace as the owner of the NBAs Dallas Mavericks and as a shark investor in the popular TV reality show “Shark Tank”. In a perfect world, sweat equity would have equalled capital inflow into a startup, but this equation, in the real world, never actually holds good. In today’s world, startup funding is a whole different ball game and making sure that you find an investor to put his/her money in your idea can be quite tricky to say the least. But over the period of years, after the breakthrough success of startups like Twitter, Amazon, Airbnb, Dropbox, etc investors started looking for the “next big thing” and thus kick started a phase where they were willing to throw exorbitant amount of money at startups, so as not to miss out on the chance to be a part of the gravy train.

Growing Business through Customer Funnels

2019-10-02T03:09:47Z

Marketing has an important role to play in ensuring that the business is driven aggressively yet with the minimum expenditure. It is extremely important that the company identifies the correct set of customers for whom selling the products or services is utmost important. Companies try to identify the most relevant target audience, who will buy the products as they have the maximum need for the same. Though there are several methods of identifying customers, catching & targeting “interested” customers can generate easy revenue for companies. This can be done by evaluating and studying customer funnels.

Designing People Solutions for Future Business Landscapes

2019-01-02T14:24:40Z

Technological advancements world over are penetrating rapidly across all industries. With the growing influence of technological solutions, companies are becoming leaner and require quicker turnaround times. Tech disruptions have come in several forms. Retail industry has been disrupted by ecommerce, physical retail banking has been replaced by mobile & net banking etc. And this trend is here to stay. And to cope with this kind of a futuristic business landscape, it is critical that employees are prepared and trained by the HR. Hence, apart from people management, HR has to play a critical role in ensuring people are ready to conduct businesses in the future. Else HRs would soon become obsolete.

Emergence of AI in Healthcare

2019-01-02T14:16:38Z

Today is an era of digitalization, machine learning and increase in the use of AI to make our work simpler and efficient. Accordingly there is a huge paradigm shift in healthcare industry with the emergence of AI in healthcare sector, solving the problems of patients, doctors, hospital and healthcare industry as a whole. In this shift, data being the main reasons for adoption of AI, as we everyday deal with numbers of data which become difficult for human mind to perceive the patterns and come with effective prediction and references or conclusions. From many surveys we can find out that by 2050 AI in healthcare industry will be ubiquitous.