Posts

“Employees Performance insights, Impact Assessment and Growth Development Review”

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Organizational Success depends on various parameters like, Employees productivity, product qualities, Market Share, Customer Service, Organizational strategy, planning, organization’s Mission and Vision. All are essential for company growth in its places. All can be possible only if employees performed well in the organizations. This way employee’s performance evaluation becomes necessary. This regard, I want to talk about one of these is Employee’s Performance Evaluation. First, we should know what performance evaluation system is and how it works. Performance evaluation is an HR Tool to scale employee’s performance Annually. Basically, it is an online and offline feedback system that HR Managers need to know about employees’ productivities, Work behaviors, Quality and Quantity of work done, Work Attitude and manner and Employees attendance. These all are measured on five points scales. These scales are as below:  5.Outstanding Performance. 4.Exceed Expectations 3.Meets Expectatio...

Inside the Manager's Mind: Personality Traits That Shapes Workplace Behavior.

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The Word Manager has made from the word manage, it means handling, and Manager means, In charge of or head. Managers of organizations are responsible for operational and strategic activities of an organization or any specific department of an organization. The whole Management revolves around four pillars of management that are called P O L C. These are Planning, Organizing, Leading and controlling.  Management is an art of planning, Organizing, leading and controlling. Management focuses on productivity, quality, safety and maximizing uses of company resources to get better productivity. All employees of an organization are resources for the company. So, employees are called the intellectual capital of the company.so every company hire a Manager who specially assist the company in operational and strategic role. He deals with employees’ Attendance, Salary, training, performance appraisal, hiring and many more and that role in the organization is called Human Resource Manager. HR M...

Ayurveda: The Science of Life and Longevity.

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Munna Singh- Author Reprogramming of mind and The Art of Living of Life. The seed of dieses is always present in our body, perhaps we don’t know about this. The seed of diseases daily is getting produced in our body and getting eliminated through healing. When this seed of dieses not eliminated completely through healing in our body then it starts to spread and takes its shapes into plants and later it becomes the tree and that tree produces many seeds again, it is reality of dieses.  Our health is based on balancing the body function. Any function of body becomes disbalance, our body starts to give a signal of disbalance of body function, that signal is called dieses. There are many reasons that accelerate the growth of dieses seed in human body are our lifestyle, food, anxiety, stress level and many more. For example: If Body temperature goes high, it gives signal as fever and same opposite give signal as cold or feeling cold. Same BP (Blood pressure) high and low is the signal o...

Core Competency in Construction

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 IMage Credit :India Mart Organizational success is the dream of every founder & CEO’s. Organizational success depends on many things & needs lots of analysis. Mostly people Connects organizational success with productivity. Productivity can the part of organizational success but cannot be considered completely. Organizational culture, ethical behaviors, Management decision making styles and employees freedom, employees’ motivation, employee KSA, Quality, Safety Innovative operation and employees training play vital roles in organizations. There are a lot of parameters for organizational Success & Organizational Training is one of them. Establishing a training center in the organizations should be priority. Training center can be used to a greater degree for Organizational Success in the Area of Productivity, Quality, Safety, and Motivating, Connecting with Project Staff and Workers for core competency in Projects and Subsequently gaining organizational objectives, goal...

Where is My Humanity and Where is My Wisdom?

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 Image Credit :IGN Human beings are the most intellectual creatures among all creatures of the world. He has mind to think, Analyzes the things and differentiate about good and bad. After all, some people forget all those things about them and forget the humanity, Purpose of the life and not able to control their mind and completely keeping their wisdom aside and do the evil work.  The purpose of life tells us, we are all came here to do good deed and help the human being, but where opposite work is being done. People are suppressed, opposed, their voices are suppressed, barriers are made to stop their rising, politically they are kept cornered in their Job, promotions are stopped, they are not valued in Jobs and core values are shown that are maintained in Corporates. These are two sided faces of Humanity. Two or three days before, as I was scrolling on my phone, I saw a news article that was against humanity. The News was about a woman, evil work was done with her and acid w...

"Kumbha Mela: The Spiritual gathering of a Million Souls"

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Image : The Financial Express. The Kumbh festival is unique in the world and the center theme of this festival is various traditional saints, their attire and culture are totally different from ours. I saw a video on YouTube and got amazed to see their tradition. Their entry in the Prayagraj was amazing and I cannot stop myself from seeing more videos on YouTube related to their entry in The Prayagraj. This is very big gathering of saints and devotee from all over the world came to take a dip in the Rigger on suspicious time of day. The Kumbh Mela, often called the “Festival of the Pot”, is a grand religious gathering celebrated by millions of Hindus worldwide. This awe-inspiring event, held at four sacred locations in India-Prayagraj (Allahabad), Haridwar, Ujjain, and Nasik is one of the largest religious gatherings in the world. Spanning thousands of years, the Kumbh Mela is deeply rooted in India culture, symbolizing the unity of spiritual faith and the enduring essence of Indian he...

Unlocking The Future: How Artificial Intelligence is Transforming our World.

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Today Artificial Intelligence (AI) has become so popular and helpful that it has become a subject matter of discussion. People are talking today about artificial intelligence helping us in many ways. Today we are using many things or experiencing many things in our daily life, but we do not know this is also a type of AI. For Example, we use google voice to search something in google. Google helps us through Google Assistance, this is also a type of AI. Other example today Bank are proving phone banking services through this, we can know our bank balance, Mini- Statement and many more, this is also a type of AI. First, should we know that “what is AI”? It is a technique which is used in machines or computers which get the capacity to work like human beings: understanding the things and giving solutions, taking decisions, learning the things, understanding languages and many more. The purpose of AI is to make machines capable so that it can think and work like the human mind. Today AI i...

Excessive homework may lead to create stress to Children.

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Image Credit :Getty Image. Excessive homework has become a continuous issue in modern education system. Particularly concerning its effects on children’s mental health and wellbeing. We have seen many examples, children’s complaining about excessive homework. An excessive homework can lead to anxiety and stress to children. Its parent’s moral duty to check their children’s homework when they are complaining about excessive homework, is it really excessive or not, mostly parents perform two roles for their children, first as a “caretaker” and other as a “teacher”.  As a teacher’s role parents should check that children have completed their homework or not and should guide to complete homework and proper attention should be given and its essential for children’s homework. As a caretaker role, its parent’s duty to check that “Are children suffering from excessive homework or mental pressure. They should also check that quantity of homework provided in overall period and approximated t...

Intraday Trading is emerging very rapidly amid youngsters.

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Today many youngsters are heading toward stock market either for investment purpose or intraday trading. It has been seen through datasheet, the courage of intraday trading among youngster are increasing. Many people are looking to make their career in stock market. The reason behind, it is smart way to earn money in short time. But it is not so easy for everyone to make money, there is also a high risk of capital loss. It is also a way where an individual can make double his trading capital in few minutes or hours, and can lost all his trading capital in few minus or hours. It’s all depends on individuals knowledge about trading. “Expert says that only 5% traders make profit and 95% make loss. Five percent of traders take out money of Ninety percent of traders”. Intraday trading is basically for buying and selling of financial instruments like stocks, currencies, cryptocurrency, commodities and indices in same day in stipulated period of time. Besides all option trading has become ver...

Deserving employees are getting cornered amid Corporates Internal Politics.

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 Today’s modern age there is no one who cares for you basically in professional life. if you think that someone is thinking about your career within organization it is impulsion and rarely happens like this however how much you giving productivity is another subject.    Today’s most of people’s first choice to do a job after completing their education. There are very few who plan for startup. Most of people prefer to get employed in any factory/ organization to earn money. Everyone needs money without it we cannot imagine a smooth life. We need many things in our life on daily basis. We cannot manage the single one day without money. Money is the reasons that drive us for doing a job or opting for business. There are many perceptions among the people about good or bad job or people categories good or bad job. People opted the job as per their qualification, need or situation. Because job is the quickest way to earn the money. Doing a job is not easy for everyone, because ...

Share market Trading attracting People|

The share market attractive many people for the Share grading. Today many people are switching from their job to make career in share market trading. There is new trend today on youtube showing day profit of intraday. Many small traders making short video of their day profit.  Intraday share trading it is not easy as people are taking. It is very risky. Within minutes you may get loss. It is for the people who has gained the knowledge about share trading or trading in Future and option.  But people are very found of share trading. They see only the part of profit maximization and forget about risk bearing or loss making. One of the fact of the share market is only 10 percent people get the profit while 90 percent lost their money.

What is Core Competency?

Core Competency is a unique capability in an organization where an organization achive its goal to develop it. Employee Skill. Employee's quality of work. Innovative Operation.  Employee productivity. 

How to Develop Positive Attitude in the life?

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                Image Credit: Abundancecoaching.com Our life is reflection of our attitude, without even noticing it can be easy to become negative. Studies have shown that people behave according to their attitude in various conditions. Scenarios in life could be made good or worse based on ones attitude to situations, even you are in a bad situation and you hold a positive attitude, you may come out, however you are in a moderate situation and you hold a negative attitude, you could worsen the situation and create discomfort not only for you but for people around you.  A person attitude can be understood not only by their verbal stance but also be body language or expression. When you meet someone, both feel each other how you are. then your attitude is reflect  that your attitude is positive or negative, your action and re-action, the way of working, behaviors perception, thinking  show your attitude ,your attitude is positi...

What does MBO Mean | What is MBO Process?

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  Image Credit: toppr.com Management by Objective- MBO (Individual Performance Appraisal “HR Perspective”) Appraisal by result, target coaching, work planning and review, performance objective setting, and mutual goal setting. There are various methods to evaluate the employee’s performance, and all these have its advantage and disadvantage.  One of them is MBO method which bring together superior and employee together to sit and set the objective and performance standard which required at organization. It also talk about continual discussion about periodic employee’s performance. Management by Objective (MBO) specifies the performance goal that an individual and Manager identify together. Each manager sets objectives derived from overall goals and objectives of the organizations. Categories scaling method, in this method employee’s performance are checked with their supervisor and based of supervisor feedback employee’s performance are categories into Categories (A, B, C) Sca...

Organizational Citizenship Behaviors (Individual Performance)

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                          Image credit: managementnote.com Employee’s performance is subject matter for forever. Companies adopt new system, policy & procedure to enhance employee’s performance. There are lots of new applications are getting developed to enhance employees/ group / peer performance, all these relate to employees in- role activity. There is job description in-role activity. Through in- role activity employer emphasis on employee’s productivity and quality and employee’s performance are measures periodically through their evaluations. There is one where less employer focus on employee’s OCB (Organizational Citizen Behaviors)  OCB (Organizational Citizen Behaviors) is an extra job role or employee’s behavior which add more value or help employee for outstanding performance at work. It can be understand by employee’s behavior at work place. If we compare in role performance and extra role per...

What is cash Management? | How to manage cash?

Business need cash to make payments for acquisition of resources and services for normal conduct of business.  Cash is one of the important and key parts of the current assets. Cash is the money which business concern can disburse immediately without any restriction. The term cash included coins, currency, cheques held by business and balance in its bank accounts. Cash management techniques Managing cash flow constitutes two important parts Speedy cash collection Slowing disbursement Speedy cash collections  Business must concentrate in the field of speedy cash collection from customers. For that, the concern prepares systematic plan and refined techniques. These techniques aim at, the customer who should be encourage to pay as quickly as possible and the payment from customer without delay. Speedy cash collection business concern applies some of the important techniques as follow: Business concern should encourage customers to pay promptly with the help of offering discounts,...

What is working Capital? | What do you mean by working capital?

 Working Capital is describe as the capital  which is not fixed but the more common uses of the working capital is to consider it as the difference between the book value of current assets and current liabilities. Working capital is need for meeting day to day requirement of business. For example payment to creditors, salary paid to workers, purchase raw materials etc. Working capital can be classified into two parts Gross working capital Net working capital Gross Working Capital is the general concept, which consider both current assets and current liability of business. Net working capital is the excess of current assets over the current liabilities of business during a particular period. Components of working capital Current Assets and current liabilities Current Assets; Cash in  Hand, cash at bank, Bills receivable, Sundry debtors,  short term loan advances, inventories, Prepaid expenses, Accured income. Current Liabilities: Bills Payable, Sundry Creditors, Outst...

What is Capital Budgeting? What do you mean by Capital Budgeting?

 Capital Budgeting is acquiring input with long term return” Richard and Green Law According to the definition of Lyrich, “Capital budgeting consist in planning development of available capital for purpose of maximising the long term profitability of concern. Need and importance of capital Budgeting Huge Investment: Capital budgeting required huge investment of funds, but the available funds are limited, therefore the firm before investing projects, plan are control its expenditure. Long Term:- Capital Expenditure is long term in nature or permanent in nature. Therefore financial risk involved in the investment decision are more. If higher risk are involved, it need careful planning of capital budgeting. Irreversible: The capital investment decision are irreversible , are not changed back, once the decision is taken for purchasing a permanent asset, it is very difficult to dispose of those assets without involving huge losses. Long term effect: - Capital budgeting not only reduces ...

What is leverage? What do you mean by leverage?

 The term leverage refers to an increased means of accomplishing some purpose. Leverage is used to lifting heavy objects, which may not be otherwise possible. In the financial point of view, leverage refers to finish the ability to use fixed cost assets or funds to increase the return to its shareholders. Leverage can be classified into three major headings according to the nature of the finance mix of the company. Leverage=Financial Leverage & operating Leverage, Composite leverage is mixture of Financial & Operating Leverage. Operating Leverage: The leverage associated with investment activities is called as operating leverage. It is caused due to fixed operating expenses in the company. Operating leverage may be defined as the company’s ability to use fixed operating costs to magnify the effect of changes in sales on its earnings before interest and tax. Operating leverage consists of two important costs (Fixed cost and variable cost) when the company is said to have a h...

What is cost of Capital? | What is your perspective about cost of capital?

Cost of capital is an integral part of investment decision as it is used to measure the worth of investment proposal by business concern. It is uses as discount rate in determining the present value of future cash flows associated with capital projects. Cost of capital is also called as cut off rate, target rate, hurdle rate and required rate of return. When forms are using different sources of finance, the finance manager must take careful decision with regard to the cost of capital, because it is closely associated with the value of the firm and earning capacity of the firm. Classification of cost of capital. Explicit and implicit cost Average and marginal cost Historical and future cost Specific and combined cost Explicit and implicit cost The cost of capital may be explicit or implicit on the basis of the consumption of the capital. Explicit cost is the rate that the firm pays to procure financing.  Implicit cost is the rate of return associated with the best investment opportu...