Blue ocean strategy is probably a peep into how you can break your competitor’s resistance, without fighting it out. The strategy is to come up with an innovation by saving on the costs and lifting up the buyer’s value. However, the cost savings and low margins may be off- set by large volumes of sales […]
“Chains of habits are too light to be felt until they are too heavy to be broken”– Warren Buffet We are what we repeatedly do and what we repeatedly do becomes our habit. We say that our happiness and our quality of life depend on our habits. Hence, let us cultivate great habits which propel […]
We negotiate in our everyday life. And for us negotiation would be about getting what you want from another person. It is true, that everyone involved in negotiation would try and gain an advantage for themselves at the end. However, as we move towards the corporate world of integrative negotiation, we can say negotiation is […]
CO WORKING As we move ahead, the business world is changing, work is changing and the way we work is also changing. The concept of co-working is a part of this change. Here, we are going to have a look at this whole new concept of coworking. The concept of coworking stems from the principle […]
The human resource management challenges (HR Challenges) keeps on increasing as the business world turns out to be more competitive and complex. However, if these HR challenges go un-addressed, the organizations may soon slip into deep failures. Hence, the need to address the HR challenges should be one amongst the top priorities of the management. […]
Moving away from complexity and making it short and simple, we can say that designing thinking is an approach to solving design problems by understanding users need and developing insights to solve those needs. It involves developing and deploying a solution to a problem through a process which involves 5 steps. The design thinking cycle […]
We live in a world where the rate of change with respect to time is very high. There are a lot of companies who have failed to sail over this rate of change. To name a few would include companies like Kodak, Blackberry and Kingfisher airlines. The reasons that helped companies to succeed in the […]
Retailing is about getting people into stores and converting them as customers. A retail entity needs to have a constitution of its own clarifying its own purpose, vision, mission and values. The retail has got to position itself in the targeted segmented market through product, price, promotion and place. The profit center in a business […]
Artificial intelligence refers to the ability of a computer to perform things which commonly requires human intelligence.It involves the development of computer systems able to perform tasks normally requiring human intelligence such as visual perception, speech recognition, decision making and translation between languages. Artificial intelligence is where the machine learns the logic and starts predicting […]
Performance appraisal is the process of evaluating an employee’s performance of a job in terms of its requirements. It is the process of evaluating the performance of employees, sharing the results of the evaluation with them and looking out for ways to improve their performance. Organizations make use of different appraisal systems for the appraisal […]
