Introduction Standardization is the process of developing and implementing technical standards. Standards are documents that describe the characteristics of a product, service, or system. They can be developed by government agencies, industry associations, or companies. There are several types of standards: Technical standards: These describe the physical or functional characteristics of a product, service, or …
Introduction Emerging trends in SCM refer to the new and upcoming areas of supply chain management which is allowing organizations to pivot and create a more resilient and agile supply chain. In a post-COVID world, it has generated tremendous academic and political interest as well, as organizations and countries alike are rushing to defend their …
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What is Business Ethics? Business Ethics is a set are set of universally accepted business practices that an organization follows in its strategy and operations. It forms an important part of the strategy of the organization as it has been found that organizations behaving ethically perform better in the long run. The ethics in an …
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What is the Ansoff Matrix? Ansoff matrix also known as corporate Ansoff matrix and product/market expansion grid is an essential business strategy tool used in business schools globally. The model focuses on providing a structure for business owners and marketers to strategize growth and risks of growth for their businesses. The Ansoff Matrix can be …
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IBM’s Decade of Transformation
IBM’s Decade of Transformation Case study solution
What is the Kantian model of ethics? The Kantian model of ethics was developed by a German philosopher, Immanuel Kant. The model is a deontological model because it focuses on the duties of a rational rather than the ends or consequences. According to Kant, no matter what you feel about a certain action or situation …
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Workplace stressors can seriously impact your productivity. Although it’s true that mild workplace stressors can be good for productivity, too much stress can kill your workflow. Whether it’s from an on-the-job deadline or a personal conflict with colleagues or friends, we all face stress in our day-to-day lives. Due to modern technology, mobile devices and …
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The HR Planning Process is a critical yet neglected part of business planning. For organizations that take a resource-based view of strategy, human resources form a central theme of their competitive advantage, Human resource planning originates from the scanning of the environment and concludes in the creation and monitoring of the plan. From an organization’s …
Knowing the Nature, Importance, and Scope of HRM is of utmost importance in your quest for becoming an HR professional. Human Resources Management is a process that can lead to improved individual, group, and organizational effectiveness. It involves managing the human resources of an organization to make sure that they are invested in the success …
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Define Emotional Intelligence? Emotional intelligence is the ability to understand and use your emotions in positive ways as a means of relieving stress, communicating effectively, empathizing with others, and overcoming challenges. It can also help you to connect with your feelings and make informed decisions that matter most. Propounded by writer Daniel Goleman in 1964, …