Competitive advantage enables a firm to outperform rivals via cost leadership, differentiation, or focus. It fosters market share growth, profitability, and long-term success.
Insubordination is willful disobedience or disrespect towards authority, causing reduced productivity, lower morale, and potential legal issues. Addressing it is crucial.
Attrition rate measures employee departures over a period, including voluntary & involuntary exits. It indicates workforce stability, satisfaction, and org health.
A growth mindset is a belief that intelligence and abilities can be developed over time. It is the opposite of a fixed mindset, which is the belief that intelligence and abilities are static and cannot be changed.
Employee turnover is a basic and critical HR metric, which shows the ratio between leavers and the total workforce. Why is it important and how to manage turnover.
Benchmarking is a common technique where a company compares its performance ... either internally or externally and identifies vulnerabilities and strengths
Storytelling is a top skill of leadership, the presenter does not present a dry presentation but tells a compelling story that engages the audience. How?
KPI or Key Performance Indicator is a metric used to determine the performance of a process. It is also often used as a goal given to employees for final evaluation.
Competitive advantage enables a firm to outperform rivals via cost leadership, differentiation, or focus. It fosters market share growth, profitability, and long-term success.
Induction training introduces new hires to an organization's culture, policies, and procedures, fostering a smooth transition and enhancing engagement and productivity.
Pay equity audits ensure fair compensation by identifying disparities in pay based on gender, race, or other factors, promoting an inclusive work environment.
Annual bonuses can boost motivation, retention & company success, but clarity, fairness, & transparency are key to avoid dissatisfaction & increased turnover.
Profit sharing schemes align employee interests with company success, boosting motivation, engagement, and collaboration, while requiring careful implementation.
Total Rewards Approach combines compensation, benefits, work-life balance, career development, and recognition to attract, retain, and engage top talent.
Strategic compensation is a long-term approach that aligns an organization's compensation practices with its overall business strategy, including attracting and retaining top talent, motivating employees, and achieving business goals. It involves designing a compensation plan that is competitive, fair, and sustainable, while also promoting employee engagement and productivity.
People may have a negative perception of Human Resources (HR) departments due to their role in enforcing company policies and procedures, as well as for their involvement in employee layoffs and terminations. HR is also often seen as bureaucratic and disconnected from the frontline workers.