BUSINESS
Try being vulnerable to become better leaders
Vulnerability becomes a source of resilience in the face of adversity, and this can make your team invulnerable, allowing members to work joyously and realise their full potential against adversity
BUSINESS
Here’s how SMEs can plan a shadowing programme
Shadowing involves two persons: the person shadowing and the person being shadowed. While the former gets to learn skills specific to the management level, the latter gets a fresh perspective on life at the operational level
BUSINESS
Here's how SME leaders can drive learning through shadowing
Shadowing benefits the leader as much as it does the learner. For leaders, it is about building trust in the employees and helping them grow into leaders, while for employees, it is about putting themselves in the shoes of the leader through close observation and growing into those shoes
BUSINESS
SMEs should embrace shadowing to train, and to learn
Shadowing can be a rewarding experience for both, the person shadowing the leader, and the leader. Also, it is a relatively less expensive proposition for SMEs.
BUSINESS
The Loyal Order Of Water Buffaloes: How to deal with the Old Boys’ Club in the new age
Many people who have overcome the toxicity of such a club did so by building a network of allies within and outside the organisation
BUSINESS
7 ways SMEs can support caregiving responsibilities of employees
With flexible work arrangements, family-friendly policies and supportive workplace culture, small firms can help their employees in balancing work and caregiving
TRENDS
Closed-loop communication essential for smooth growth
Closed-loop communication helps promote effective delegation, enhances leadership effectiveness, avoids micromanagement, and allows the person to whom the task is delegated to feel comfortable and independent.
BUSINESS
Ensuring psychological safety for employees
Salary, benefits, and workplace amenities are crucial factors in attracting talent. However, how the new employee feels about navigating the culture and becoming at ease working in the organisation is more critical from a long-term perspective
BUSINESS
Learning must be self-driven for SME leaders
In a good SME, people do not wait for a Job Description to get to work and get things done. They jump into the work and get it done, either by doing it themselves or by taking help.
BUSINESS
Why mentoring is a valuable tool for SMEs
A mentoring programme in an organisation should be structured. Through such a programme, the mentee gets to learn from the mentor’s experiences and receive insights on ways to refine personal and professional goals and overcome career challenges
BUSINESS
Building resilience is critical for SME growth
The coronavirus outbreak has taught us that upheaval is a given but it is the strength to fall and get up again that differentiates the best from the great, here is how to build a resilient business
BUSINESS
Beware of freeloaders, enable equitable give-n-take for your business to grow
Freeloaders are more than just moochers. They can create a toxic work culture that discourages talented and hardworking employees, which, in turn, can paralyse growth
BUSINESS
Want to outsource HR? Here’s your playbook
Outsourcing HR functions can save time and money, especially as an SME grows. Do a cost-benefit analysis while drawing up the list of tasks you want to outsource and you have a winner
BUSINESS
Should SMEs opt for HR outsourcing or not?
Hiring experts are difficult to find and their cost to the company may not be viable but there should be someone to handle that responsibility
BUSINESS
Want to grow your career in SMEs? Network more
If you are one of those people who believe that hard work can take you places, think again. Who you know matters as much or perhaps even more. Put yourself out there—on social media, in meetings and industry bodies, etc—so that people know you and your ideas
BUSINESS
Boss a narcissist? It is good for business
Narcissism brings with it an abundance of confidence and a capacity to take risks, which are much needed as SMEs grapple with a world upended by Covid. The need for ‘shameless’ self-promotion is just what social media orders and is good for business
BUSINESS
SME leaders must be aware of narcissism and toxicity
Like many other human traits, a moderate measure of narcissism may be helpful. However, overuse of this can be very toxic to the business and all connected stakeholders
BUSINESS
How SME leaders can leverage emotional intelligence
It is not just about recognising their behaviour pattern, emotional triggers, a leader should be able to do the same for employees, which will go a long way in building that elusive trust and of course, business
BUSINESS
How fluid is your ego state as an SME boss?
In our day-to-day life, our minds often shift positions and that brings out the fluidity of the three ego states of Parent, Adult and Child.
BUSINESS
Your state of mind will decide the state of your business
Communication is the biggest leadership skill and while you are at it, here are a few tips to navigate ego that can make or break a deal
BUSINESS
How SMEs can deal with performance measurement and compensation challenges
Performance measurement is successful when you accurately measure the contributions and are able to peg it to a scale ranging from inadequate to excellent performance.
BUSINESS
Demystifying the complexities of employee compensation
The objectives of compensation management are to attract, engage and retain employees through competitive compensation plans that align with the company budget, corresponding job market, and government regulations
BUSINESS
Should SMEs take sexual harassment at workplace seriously?
The new-age investors understand the need for making the workplace safe and congenial and the PoSH guideline is the first step to inclusion and diversity
BUSINESS
Here’s how SMEs can muster some innovation competency
The SME leadership team has to deal with various risks especially when their resources are limited to sustain a long-term project.
