The best drafted down plans are laid to waste in spite of the best risk mitigation measures and the most clinical of economic forecasts. At a recent entrepreneurship conference, a famous venture capital financier said, ‘I am yet to really believe in the structures and the complicated analysis that are presented by young businessmen. Frankly, I have never seen any five-year plan really take off! ‘It still does not excuse us from building business strategies because direction is still important. So is there an elusive panacea or a framework that will solve all your business issues? Sorry, I have not come across any in the last two decades in business. But what can weather the storm is the right people at the helm. People who have the courage to change course, adapt quickly to the tailwinds and find direction aligning with the headwinds.
So what does that really leave for the business heads do? To recruit the right people! This is of course easier said than done. We have continually started looking at this function as ‘non critical’ and ‘outsourcable’, and this leads to a difficult trend. The emergence of the new band of professionals called ‘placement consultants’ truly signify the flavour of senior management thought that recruitment is best left to experts outside the firm, who are widely networked and are likely to know where to find skills and talent. Some of it is true, some of the placement consultant, one had interacted with give you that confidence and also have the right experience to guide you in the same. But that does not absolve us from thinking more and spending more time for this important activity.
Denne historien er fra September - October 2020-utgaven av UNIQUE TIMES.
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Denne historien er fra September - October 2020-utgaven av UNIQUE TIMES.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Bhutan: The Enchanting Jewel Of The Himalayas
Majestic snow-capped mountains, picturesque valleys, verdant forests, centuries-old Buddhist shrines and monasteries, fluttering prayer flags, a serene way of life and folks boasting the best happiness index in the world...this Land of the Thunder Dragon has much more to entice those with wanderlust.
Bail - Emerging Trends In The Context Of Money Laundering Laws
The Hon'ble Supreme Court in case of Manish Sisodia Vs Directorate of Enforcement 2024 SCC Online 1920 has upheld certain key propositions that where a trial has not merely been delayed but has not even commenced after a long period of incarceration, the same would be violative of Article 21 of the Constitution of India.
Toyota, Maruti Suzuki Boost Hybrid Vehicle Sales in Uttar Pradesh Amid Tax Waivers, Spark Industry Debate
Toyota and Maruti Suzuki are ramping up marketing efforts for hybrid vehicles in Uttar Pradesh, leveraging new state tax waivers that offer buyers savings of up to $15,800 on luxury models like the Toyota Vellfire.
Supreme Court Rejects AAP Government's Plea to Expand NRI Quota in Punjab Medical Colleges
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USA's Delaware Supreme Court Confirms Byju's Default on $1.2-Billion Loan Amidst Ongoing Insolvency Proceedings
The Delaware Supreme Court has upheld a ruling that edtech firm Byju's defaulted on a $1.2 billion Term Loan B (TLB), validating claims made by US-based lenders.
India Approves Rs 3,300 Cr Semiconductor Packaging Plant in Gujarat, to Boost Chip Production
The Union Cabinet has approved a Rs 3,300 crore proposal from electronics manufacturer Kaynes to establish a semiconductor packaging plant in Sanand, Gujarat.
Thar Roxx: Your Perfect Off-Road Companion
To say that Mahindra knows the Indian customer really well, will be an understatement. Their biggest hits have come in various forms over the years, from the XUV500 to the XUV700 and the Scorpio N in recent times.
Exfoliate Your Way to Flawless Skin
Imagine waking up to smooth, glowing skin every day—skin that feels soft to the touch and looks naturally radiant without the need for heavy makeup or filters.
The Stinking Rose: Flavourful and Full of Health
Garlic, the humble bulb with a pungent aroma and a rich history dating back thousands of years, has earned a reputation not only in culinary delights but also as a powerhouse of health benefits.
Never give up!
In the earlier stage of your life, it was someone else who might have been gravely instrumental in shaping your viewpoints. Hence, it is supremely important to re-evaluate what you believe in, when you become an adult.