After a long and restless job search, now it’s time to celebrate your success, your new job offer. Sounds exciting as well as soothing. Isn’t it? Of course, for anyone who has been on a job hunt, nothing can be as overwhelming as the offer letter for a new job. But there is a phase... Continue Reading →
Why people leave Managers?
I was recently reading a survey by David Aplin Group which highlighted that one of the major concerns of HR professionals and Managers is Employee turnover (49%).Of course , it has to be, considering the fact that the cost of replacing an employee is estimated to range from 100% to 300% of replaced employee’s annual... Continue Reading →
Making a new business successful
Almost every business starts with a well-defined business plan and growth strategy, yet not all are able to achieve the expected success. Some of these are able to survive the competition and create a market presence while the remaining are either discontinued or fail. As per 2011-2012 statistics, 85 % of new businesses fail (close... Continue Reading →
Selective Outsourcing- a new trend in outsourcing
Any potential business idea or strategy once introduced, gains massive attention, owing to its success and creates huge market competition. Outsourcing is one such trend, which revolutionize the world’s business practices. Though the practice dates back to 1970 and was initially practiced in manufacturing industry, it soon established itself across all industrial segments. It has... Continue Reading →
Downsizing- Is Recession the only reason?
Post the global recession (2008), Lay-off or firing has become the worst nightmare of an employee. From organizational prospective, the term is Downsizing, a tool to rescue organizations from the adverse economic situations. Lay-off It refers to temporary suspension or permanent termination of an employee or a group of employees when certain positions are no-longer... Continue Reading →
Black Swan Theory – Being prepared for the unpredictable
Black Swan Theory – Being prepared for the unpredictable. Just because an event or thing has not been witnessed or discovered till date doesn’t prove its non-existence. Such a thing or event might exist and once spotted it’s called a Black Swan. Why Black Swan?... Black Swan was a term used to define a statement... Continue Reading →
Outcome-based outsourcing
iGate’s new ad campaign launched today promoting “Outcome based “outsourcing business model has pushed the IT companies relying on the conventional outsourcing methods to redesign their business strategies. What is this “Outcome based business model” ? While the traditional “time and material” business model provides client with support services including the hardware , software and... Continue Reading →
Different Business Models
The introduction page in a company’s website ,especially the one working in IT domain, is flooded with technical terms like - Application development, product innovation, staff augmentation, RPO, BPO etc which define company’s area of performance and expertise but are confusing for a beginner to identify. This post briefly explains these terms … OUTSOURCING Outsourcing... Continue Reading →
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