Category: Human Resource

Art therapy in the corporate scenario

Art therapy represents an integration of art with the medical science. Art therapy or ‘Therapeutic Art’ as it is often called refers to the use of art for therapeutic purposes. The basic idea behind art therapy is to heal patients through the employment of art. Read more »

Conflict management in virtual organizations

Over the time, there has been a substantial change in the structure and size of businesses. The businesses have grown in their sizes and the traditional simple organizational structures do not exist anymore. Today’s businesses run into a hyper-competitive market environment and the human resources are considered to be the assets for winning competitive advantage. Read more »

CEO succession planning

Rising global attrition rate of CEOs has put a pressure on the firms to think about this issue on a priority basis. According to a recent study conducted by Booz & Company, the CEO turnover currently stands at 14.2% globally which is 2.6% higher than that existed in 2010. Read more »

Attrition at CEO level

Attrition refers to the departure of employees from an organization by means of either retirement, death, resignation or termination. Though high attrition rates pose a threat to the competitiveness of the organization, it is also a misconception that zero attrition is a symbol of organizational well-being. Read more »

Compensation management during recession

During an economic downturn or recession, one of the most severe challenges that HR managers face relates to designing the employees’ compensation structure that serves the needs of both the employees as well as the organization. Read more »

Human Resource Strategies during Recession

Business cycles always pose a major challenge for business organizations, especially recession. During recession, the focus is laid on cost-cutting and restricting the business activities to a few defined lines. Major layoffs are targeted and innovation gets a backseat in the organization. There is widespread dissatisfaction among employees and the attrition rates go up. Read more »

Importance of work life balance in retail industry

We all get fascinated by the retailers’ generosity when they announce heavy discounts on various festivals.  Be it Diwali or Holi, Independence Day or Republic Day; the retailers especially in the organized sector give us another reason to shop. Read more »

Human resource challenges in the retail industry

Retailing is one of the fastest growing industries across the globe and offers livelihood to millions. Human Resources occupy a significant place in the growth of the industry. Read more »

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