MyTake

Management was conceived as an art of getting things done through people. People were considered as one of the most important resource and their efforts as most important asset. Management of People or Personnel Management as traditionally followed in organizations focused on the processes of managing recruitment and training apart from maintaining labor relations. This continued till the importance of all functional areas became crucial and emphasis on responding to competing environment became a crucial challenge. Employees or the work force were considered as one of the converting force in the organizations and it was believed that one can learn all kind of generic work while on job and the organizations are obliging their employees by giving them opportunity to work for which they are compensated periodically. This later was recognized as a time which dominated traditional treatment of employees to primarily relate work or effort with compensation or salary. Now when we look ...

The future has always been there. Today shall be past tomorrow and history shall determine the future. So the future can never be isolated with the past or present. Future is here and we are deliberating on the nature of the future and the expectations of today's generation for staying alive, relevant and sustain in changing and challenging times. Yes the future is going to be different than the present as it has always been. The only thing which is important in this context is - whether we are prepared to face the future or are we putting efforts to develop systems, structures and styles that would successfully deal with future. Do we need to be effective or efficient in order to perform at the front to face the challenge or we can afford to allow the mighty to fall. The trend shows that the future is going to be more technology driven and the speed shall decide the future of an organisation. Economies of speed shall spearhead organizational performance. Artificial Intelli...

Organizations have to chart out strategies in order to respond to competitive forces. Strategy is nothing but a game-plan. The intention is to put forth full potential and come out with flying colors and to win the game following the system, rules and procedures of the game. Competition is a prerequisite for strategy and in the VUCA times it has become further challenging to compete. The belief that competition is with the external forces drives the organization to target only external parties or rivals. Surprisingly organizations have to learn to manage the competition from within and with the situation with more rigor and responsibility. And that is where leadership becomes key. The whole science of game theory provide a guide to a leader to follow the principles of sports in order to make effective decision. The whole premise of team-building is built on the principles of work satisfaction. One enjoys doing what one does. It allows one to put across full strength to a...