Posts

Showing posts from 2017

Performance cycle and the bell curve: the final verdict

Headline – “ Performance cycle and the bell curve: the final verdict” HR.com - https://www.hr.com/en/magazines/talent_management_excellence_essentials/december_2017_talent_management/performance-cycle-and-the-bell-curve-the-final-ver_jb68nvcu.html

Change & Transformation Award-2017

Image
Received HR Value Creator Award -2017 in Change & Transformation category from Creating Values P Ltd

Look At Employees As Humans And Invest In Their Needs

Image
Headline: Look At Employees As Humans And Invest In Their Needs: VP-HR, GHCL Link: http://www.businessworld.in/article/Look-At-Employees-As-Humans-And-Invest-In-Their-Needs-VP-HR-GHCL/13-10-2017-128537/

Open Organisation: Myth or reality

Image
It is published in the Tribune, 9-Aug-2017

Social Media adds Value to Overall Selection Process

Image

Going Beyond Mere Symbolism

Image
Article as published in the Human Capital, May 2017 issue

Performance Appraisal : The Final Verdit

Image
Article published in the Times of India

What made you Successful, will make you Fail

I came across an article which runs like this: “ Many businesspeople aspire to be as rational, data-driven and deliberate as possible in every action. Nonetheless, everyone has habits, biases, behaviors and thought patterns that have become second nature. These instincts are, of course, grounded in experience. If something has worked for you in the past, you are likely to keep doing it.” Is it something new? I will say No. We see it happening around daily but most of the times we can’t do much. Reason – ABILENE PARADOX. So, I feel it is not the Team which can make a Leader fail but his own habits, biases, behaviors and thought patterns. Perhaps, ‘Thoughtfulness’ is the only medicine to this disease. Business People who once get success following a path need to look for a different path to remain successful. Biases - the most common shackles need to be broken- not easy, but must to take care of organization’s health & life. Proven now, experience does not provide any g...

Buying Behavior based Segmentation and Pricing

Segmentation has been an integral part of modern day management. Every company does some study to segment its customers. It is being used first to know and then satisfy needs of various sets of customers. Under segmentation, demographic differentiation, psychographic differentiation and behavioral differentiation are the focus of product developments and offerings to customers. Many marketing and business experts perhaps have used this methodology to segment and satisfy needs, but I see a change happening in this field. Look at the entire lengthy, time-consuming & continuous process of segmentation, so as to know demographic, psychographic and behavioral dimensions of customers. Whereas the entire underlying reason is to meet the need so as to earn more money from customers. Today, customers’ needs, wants and demands are getting blurred. Reason, customers themselves are not clear what they really need. Old theories describe needs as means to live. But today meaning of Living...

Pricing- a victim of IT Revolution

Businesses have undergone tremendous change due to information revolution. Pricing, which was in the hands of producers has shifted into the hands of customers. Today, marking up profit by simply jacking up prices is no longer possible. Transparency, customer awareness and easy modes to compare have changed the whole mechanism of pricing. In older days, margins were decided whimsically by different decision makers leading to various pricing techniques. I feel that pricing techniques were all depended upon who were deciding them. Cost-Plus Pricing was a long-time favorite to Finance Managers. Likewise, Customer – Driven technique was a favorite of Sales Professionals and Market-Share Pricing Technique was liked by Marketing Managers. Let’s look at, Cost Plus Pricing Technique. It was decided keeping in view primarily Unit Cost. The notion was that if ‘fixed’ cost is allocated to each unit and a margin is added to it that will give a price for a product; without realizing the f...