The emergence of artificial intelligence (AI) marks the dawn of a new era. It has sent leadership into a frenzy as they try to understand the role AI will play in organizations. The AI boom According to Accenture, over the next 10 years, AI will dominate over close to 40% of our daily work life....Read More
The healthcare industry is currently facing significant challenges in recruiting and retaining healthcare professionals, particularly with the retirement of baby boomers and traditionalists. The next generation, Gen Z, is expected to make up 30% of the workforce by 2030. However, attracting and retaining Gen Z healthcare professionals is not a simple task. This generation has...Read More
Is industry experience enough to predict career success and future work performance? A daunting question for recruiters when faced with selecting between two candidates – one with substantial experience in the industry but with no new ideas to offer, and the other, with relatively less experience but a significant drive to learn. Whom to go...Read More
“Feedback is the breakfast of champions” – Ken Blanchard, American author and thought leader in day-to-day management and business leadership Performance management, as part of workforce management, is witnessing a tectonic shift. Disadvantages of the traditional approach to performance review, given the transformation in workforce and workplace or organizational culture, are increasingly rendering it irrelevant....Read More
The hiring of interim professionals as an incisive recruitment strategy is picking up. Amid the fear of a looming recession, ever-changing requirement for new skills affecting the labor market, technological advancement, socio and macroeconomic transformation, and, above all, the need to sustain business operations, companies are increasingly opting for interim hires. Yin and yang: Strategic...Read More
The business culture is transforming in line with the increasing complexity of operations. With the change in workforce composition and the emergence of the younger generations, workplace dynamics are changing. The rapidly evolving business environment requires quick response and incisive strategizing, including tactical shifts as and when needed. At the organization or board level, teams...Read More
Living for the weekend, watching the clock tick, work is just a paycheck are some popular mantras the global workforce is living by, as per Gartner’s State of the Global Workforce Report 2022. With just 21% of employees finding work engaging and about 33% claiming to thrive as far as their overall well-being is concerned,...Read More
I’m frightened because our enemies are no longer known to us. They do not exist on a map, they aren’t nations. They are individuals. And look around you – who do you fear? Can you see a face, a uniform, a flag? No, our world is not more transparent now, it’s more opaque! It’s in...Read More
I’m not the smartest fellow in the world, but I can sure pick smart colleagues. – Franklin Roosevelt, American President [1936-1945] The value of teamwork at the workplace cannot be understated. Teams are crucial for business sustainability. Whether it is in driving revenue or boosting profits, or in building a work culture that thrives on collaboration,...Read More
“The best executive is the one who has sense enough to pick good men to do what he wants done, and self-restraint to keep from meddling with them while they do it.” – Theodore Roosevelt Managing is considered a prequel to leadership. It is believed that the best manager will be a good leader. The reason...Read More