15 January 2008 | BestPrax Club Pvt. Ltd.
An organization needs some ‘good’ churn to infuse new talent into the workplace. Today, however, the high rates of employee turnover can result in ‘bad’ churn for an organization. Industry reports put the attrition rate in India Inc in the range of 35-50% and this does not augur well for the management as it affects its ability to deliver quality and keep recruiting and training costs down, and creates significant continuity issues for long-term projects.
1 December 2007 | BestPrax Club Pvt. Ltd.
Recognition is a powerful tool that promotes individual excellence, creates a highly motivated and committed workforce and enables the organization to attain its objectives. Companies are increasingly using a mix of monetary and non-monetary rewards, as well as formal and informal recognition measures, to reinforce performance and align employees to the organization’s vision.
15 October 2007 | BestPrax Club Pvt. Ltd.
Teams are an integral part of every organization’s strategic framework. Highly committed and motivated teams with strategically aligned goals can attain high levels of excellence and generate competitive advantage.
1 August 2007 | BestPrax Club Pvt. Ltd.
Training and Development is no longer a task-specific function which needs to be handled by the Human Resource department alone. Training is a continuous process – in fact, it is the essence of the Learning Organization. Training, or continuous learning, is the bridge that connects employees to the organization’s objectives. Thus, it is a prerequisite for sustainable competitive advantage.
1 July 2007 | BestPrax Club Pvt. Ltd.
Employees, assets, infrastructure and information form the most important elements of any organization. These elements require care and protection from disasters and emergencies for long-term business continuity and growth. While most organizations realize this and implement safety plans, these are often inadequate or neglected over longer durations. A safe and conducive work environment is a must not only for progress and prosperity, but also for long-term continuity of an organization.
1 May 2007 | BestPrax Club Pvt. Ltd.
Employee Cooperation, Initiative, Innovation and Empowerment are the critical pillars that support and strengthen the organizational edifice. Successful organizations grow fast and stand tall through the creation and proper maintenance of a high performance workplace.
15 December 2006 | BestPrax Club Pvt. Ltd.
Human Capital is undoubtedly the most strategically important resource for firms operating in the knowledge economy. For the HR function to succeed in its role as a strategic partner and growth champion, it needs to focus on deliverables that flow from the organizational strategy.
1 September 2006 | BestPrax Club Pvt. Ltd.
Employee satisfaction and well-being are fundamental to talent management and retention. The physical and emotional wellness of employees has direct implications on performance and productivity. Thus it is essential for the organization to create an environment that supports employee health and well-being and promotes satisfaction.
15 August 2006 | BestPrax Club Pvt. Ltd.
Education and reinforcement of learning are essential to ensure high performance in any organization. Learning is not only a means to survive; it is also a powerful motivator. Thus every organization needs to foster a culture that promotes generation and transmission of knowledge.
15 October 2005 | BestPrax Club Pvt. Ltd.
"Often, managers see themselves as problem-solvers whose job is to "fix what's broken" in the organization, not learn from what is working." – Jay R. Tombaugh. Traditional wisdom has it that, of all the challenges confronting organizations, matters related to attitude, behaviour and commitment are the most difficult ones to tackle.