The Startup story : what works, what doesn’t?
Most of us know that startup ecosystem has seen its fair share of ups and downs but the fact remains that entrepreneur bug has hit the youngsters of the nation like never before. Many retirees are also launching their ventures and turning successful entrepreneurs, post their regular service stint. However, it's not easy to understand what's driving this growth - are we just a ' startup crazy' nation or there is more to it that is furthering up the startup game? Business Manager explore to solve this puzzle for its readers in this edition.
Building an active and diverse innovation ecosystem to drive startup growth and economic development is critical and complex, at the same time. Yet, gathering insights from successful companies and local entrepreneurs - such as Flipkart, Snapdeal, Zomato and the likes reveals a lot about the strategies to help grow a startup, and bump up the economic growth of the nation, further creating numerous new employment avenues.
But what’s driving this growth?
Beyond the socio - economic factors, including, immigration, growth of the minority labour force and overall population growth, the need for instant gratification - the key feature of millennials and the zeal to do something of own, the dream of having an enterprise and the urge be one's own boss along with the requirements of having a perfect work - life balance are the prime factors pushing the growth of startups, especially in India.
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Why PESB Failed To Recommend?
The public sectors have to be placed in hands of competent professional managers and high calibre professionals have to be attracted to the public sector. Government must think of radical reforms in Public Sectors for talent management process like demonetisation, revamping a planning commission etc.
Role Of Local Influence In Better IR
A XYZ Cement factory having state of the art technology and world class facilities in terms of welfare is located in the highly sensitive political zone, where all contractors and workforce is well versed with labour rules & regulations.
HR Should Work On Employee Branding To Develop Emotional Connect
HR Should Work On Employee Branding To Develop Emotional Connect
Maintain Neutrality Based On Competency & Capability
The most effective rule in managing up and down however, is being authentic. Authenticity in intent, that builds trust - because once this core factor is there, there is nothing that is required to be 'managed' in the natural order of things.
Help Line
Payment of any customary bonus such as attendance bonus, festival bonus or the like does not absolve the management from their liability to pay statutory bonus.
Why Organisations Should Invest In Development Programs!
Why don't organizations invest in learning processes and development programs that enable their leaders to keep their talent? Doesn't it make sense that better managers will yield better employee retention?
Future Of Performance Management
Is it about managing performance, or managing the behavior that will produce the performance? And if it is indeed about influencing the person so that he has clarity of agreed outcomes and the support available to him to achieve these, are organizations doing lip service to it or are they serious about the process?
Startup Bubble: Rise Or Fall?
The Startup story : what works, what doesn’t?
How I Started And Nurtured My Startup..!
Coming from a service class family, I had no idea of business. I had no one to turn to for the basics. I got in touch with some consultants; none of them knew the entire process of getting all the approvals. We were very clear, we did not want to start on the wrong foot, and we wanted to be 100% compliant. I did face many challenges at various stages e.g. in just few months of launch, the competition tried to pull us down, however the issue was resolved soon. Teacupsfull now is a fully registered brand. Challenges do prop up many times, however the key is to stay positive and never give up. There is always a solution to every problem.
Should Startup Go For Hr Advisory?
This certainly is an era of Startups and each entrepreneur envisions of creating a large organization in the due course of time.
