MANAGING in the

NEW WORLD

Miscellaneous

Western and Asian cultures have both always revered the university as the highest point of education. Yet, a lot of changes are afoot. Online educational platforms are now making education far more accessible for one and all. This has led to a movement where certain thinkers are trying to do-away or at least reduce the dependency on this traditional money-guzzling institution. The traditional university undoubtedly brought certain benefits such as knowledge production and delivery. It provides a screening of candidates and a formal certification. A university is also a place for socialization. One gets placed at companies using the university as a base. Now a lot of this knowledge delivery and generation has got unbundled through the online portals. Startups such as Venturesity are modernizing talent recruitment, UpGrad helping in professorships and KitnaDetiHai is helping with corporate training. There are several new niches and opportunities emerging in the field of education in the revamped and leaner University 2.0.

Source:https://knowledge.insead.edu/blog/insead-blog/imagining-a-leaner-meaner-university-5676

Uploaded Date:17 May 2018

Most respectable companies these days realize the importance and need of increasing gender diversity in their organizations, especially at senior levels. While even today, women make up only around a fifth of C-Suite executive positions, steps are being taken in the right direction. One problem emerging though is that with all this talk on gender gaps being reduced, some sense of fatigue is setting in, with fears of not being able to maintain this momentum over a long period. The Women in the Workplace report has been compiled by McKinsey with the Lean-In organization to assess improvements in the execution. To maintain momentum, companies most hold themselves accountable and involve the men in this implementation. Business analytics may be used to track the changes involving measurable metrics. While many companies are tracking the numbers, few are setting tangible targets, and even fewer are transparently reporting on the same. Besides gender, race must also be emphasized during such rounds of implementing transformation.

Source:https://www.mckinsey.com/business-functions/organization/our-insights/how-companies-can-guard-against-gender-fatigue?cid=other-eml-nsl-mkq-mck-oth-1802&hlkid=1c96418af26a4b74be4224d9638713b1&hctky=2657824&hdpid=cf69bc13-2f25-43e6-8c6d-793294bbe44e

Uploaded date:01 March 2018

There are times, when entrepreneurs face this situation of actually giving up, with no hope left. The business is probably not doing well or showing any signs of encouragement. At these times, it is pertinent to ask oneself some critical questions to try and resolve the situation. The first such question must be whether it is the time to actually give up or simply change track by transforming the business into a different model. It is probably time to be creative and try some business innovation from the learning out of the myriad failures. He/she must also assess whether the situation one is in, is intentional or due a combination of several causes. Giving up must not be the prerogative of the entrepreneur alone, but he/she must consult the rest of the team too, as they have also invested time and effort into the project. One needs to gauge how far is the work from the intended target. Finally, the entrepreneur must learn to separate oneself from the business. Personal performance must not be mixed with business results. This is a problem several startups face.

Source:http://innovationexcellence.com/blog/2018/02/18/5-questions-to-ask-whenever-you-feel-like-giving-up/

Uploaded Date:27 February 2018

While each professional may have a detailed job description attached post the recruitment, in the present day, performing that alone may not be sufficient. It may enable staying at the job, but to rise higher up in the hierarchy one needs to take initiative and keep learning on the job to outperform competition. This may be termed as the “hidden curriculum of work”. This is all the more important because bosses appraise the work of their team members not based on a formal JD, but on their assessment of what the job holds. In order to do this, the employee must dig deeper to look beyond the narrow JD. One must understand what best describes his/her role the best, tasks that take up most of the time and obstacles preventing one from performing to optimum level. Beyond being confined to one’s own organization, the truly enterprising employee must look elsewhere for further inspiration. Business intelligence must be gauged from competitors or even other industries which could be feasibly implemented at the employer’s. Whatever work one does, it needs to be aligned with the bigger picture. This requires close collaboration with stakeholders to match up to constantly shifting challenges or priorities.

Source:https://www.strategy-business.com/blog/Succeeding-at-Your-Job-Within-the-Job?gko=35689

Uploaded Date:23 February 2018

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