Pace of Change: Productivity Paradox

Productivity has often been cited as a key factor in industrial performance and actions to increase it are said to improve profitability and the wage earning capacity of employees. But the mode we are choosing to perform our job is not working anymore. Productivity paradox refers to slowdown in productivity in the US in 1970s and 1980s despite rapid development in information technology. A 2010 survey at St. Petersburg, of approx 50000 employees, found that only 19% felt fully motivated at work and approx 53% field is disconnected. And this has a negative implication of productivity. Company with a high number of employees engagement shows 30% higher productivity than those with less motivated employees.

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Achieving Transformation is Critical to Business Growth

Innovation is the base for any country and its company. Innovation has faced extinction during recession. But it is making a comeback although like a coughing engine. Innovation made several decades ago has become obsolete because parameters have changed and new demands have risen. Companies design innovation to create demand and generate money.

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Learning to Incorporate the Best of Everything

Swiss airline has gained a huge competitive advantage in the last four decades by providing its customers with a world class facility at very cost-effective premiums. From 1982 to 2001 its cost was just 4% per seat for each kilometre, half the cost of American airline. Swiss airline has combined both service as well as innovation to become a leader in the airline market. But balancing a boat and even for a longer duration is highly arduous. Also competition is high among trivial and providing epitome facility and meager price is itself a competition. Swiss Airline has successfully implemented its dual strategy in many Asian countries. Swiss airline has provided its customer highly differentiated yet customized services. No other country has executed dual strategy better than Swiss airlines with healthy returns.

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Desperation is good, but not always in business

During the season end sale, the company offers gift cards to their customers who make any purchase from its shops and play simple quizzes. Customer who didn’t make the first attempt was ready to pay 53% more to win a card from the customer who had not. However only 20% of customers failed to keep the card instead of selling it. Customers who were not denied to play, 60% of customers kept willing to keep it. This study shows more you obstruct customers from having access in something there is a high chance that they will not keep it later.

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How Would You Measure Success?

Ever thought why CEOs are so much concerned about the stock market and its value. It is because they are evaluated and judged on the basis of stock price. CEO’s pay scale and their compensation plan depends on their five years successful strategy. It has been assumed that incentives alone in the form of money motivates than. They can even get motivated through recognition and praise. Then why are they judged on the basis of stock value? CEOs have enough money they need. CEO’s are more concerned about stock value because this is how we measure them.

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Lead a Startup to Success

INTRODUCTION

On the road to success there is absolutely no room for criticism of self or others. Finding faults in others wastes time as we attempt to remove potholes from other people’s path. Being a kid of a medical family it is a dream to work with high profile people in multinational companies. Several ignominious factors like feeling less worthy of yourself, doubting yourself, desire to become, better version of yourself and focus on hard work is something worth saving for victory.

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Restructuring Startups

Venture firms are fighting to raise funds, hampered by poor investment returns and difficult economies. In 2005, 110 venture funds in Hong Kong raised $15.5 billion, down from 200 funds that raised $28.6 billion in 2000. There are many firms that have dropped off according to Richard lynn, a principal at VC firms FCL venture in Calif.

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Small Startups Promote Job Growth

INTRODUCTION

It is surprising that an economy growing at a rate of 2% or less creates only a few jobs. Job growth has slowed. It is the latest sign that economic momentum has faded even as it shows. Labour department has reported an increasing number of people who have lost their jobs permanently. The question arises is whether this slowdown is permanent or just a response to a weak economy. If we see further we will see that workers are taking less paid jobs because there is nothing else available to them.

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Gender Equality in Corporates

Several studies have shown that women’s portfolios outperform their male partners because of the inherent qualities that females possess by nature that differentiate them from mail investors in their approach of investing. Also companies with more women on board perform better, they are risk conscious, deep divers before investing and understand before making any investment. They improve companies performance in three dimension:

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Leveraging the Degree of Business Management

H Byrkjeflotin his June 2008 edition wrote that any occupation earns professionalism when it is imbibe with some ideologies like being good counsellor, performing greater deeds, and doing no harm. Jonathan Gosling further stated his point arguing that there is a misunderstanding in between management  and other professions like medicines and law. According to Jonathan, management is more about integrated skills, there is no specific curriculum that needs to be adhered to. Learning management means broader experience and replicating it through several projects. Also management doesn’t have a clear code of ethics like other professions and ethics vary from country to country and even from one organisation to another.

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