Rajesh Tripathi

 Growth is essential, and numbers are the language that proves it. Quantification of the growth index is a must. A Growth Index is a composite metric that quantifies growth by combining multiple indicators into a single, trackable score. It means it is essential to have Growth Parameters to keep an eye on whether the company is growing or not. And to achieve this, every single function should have ‘Improvement Parameters’ to contribute to growth. Improvement parameters are altogether different from the Growth parameters. Functions do not 'grow' in a business environment, but they support a business by continuous improvements in their deliveries. The need to have a mechanism for continuous monitoring of ‘Improvements & Growth’ was compulsively felt when the Industrial Revolution was at its peak, and the world was moving together with a ‘Business Mindset’. The concept of the Performance Management System was born out of this need. PMS didn’t evolve in a day or two bu...

  “Inching up” to reach the top management level is truly a dream come true for any professional. As in my case - and unassumingly for many others - the journey doesn’t end when you arrive. In fact, it begins anew with a long list of actions to demonstrate that you’ve earned your place. Leadership is not just about the title; it’s about creating impact, inspiring teams, and driving meaningful change. Fortunately for me, as a Senior HR professional, I joined a company that had everything except business strategy & Compass. I began my journey with an in-depth exploration to understand the business and HR landscape, including the overall strategy and business compass. From my experience, HR teams often encounter numerous inquisitive questions from employees across almost every organization. “Business Compass in the business world is the reference to ‘Core Values’ & Vision’ of a company.” Core Values and Vision are not just words on paper; they are the guiding principle...

  Historically, data has always been the king. Humanity has always made decisions based on data. Data was central to calculations & consequent decisions. But methodologies and relevance were given more importance than the data collection efforts. We are missing it more or less entirely. Today, we have data all around - emergent data, unnecessary data, and data that has little to no relevance. This data overflow can easily be experienced. It is due more to unplanned than planned events. There could be a creative disagreement about the statement that most of the data is a byproduct of unnecessary processes. Which processes are responsible for producing relevant data, and who are the people capable of determining which processes need to be adopted? How to decide it? People are confused about the data & its mindful use. Data has no value in itself until it is draped suitably for a particular occasion. In the world today, businesses are run altogether differently than before; n...