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We live in dynamic times when this morning’s innovation becomes afternoon’s commodity. Organizations put their best people in charge of opportunities for tomorrow rather than problems of today. Strategic capabilities and competencies rank high on the list and hence the Human Capital management endeavors to maximize the human capital. Unequivocally, human capital is the greatest resource of the world’s economy. Competency mapping and competency development ...
Universities and industry, which for long have been operating in separate domains, are rapidly inching closer to each other to create synergies. The constantly changing management paradigms, in response to growing complexity of the business environment, today, have necessitated these two to come closer. A productive interface between academia and industry in the present times of knowledge economy is a critical requirement. Failure to recognize each other's role ...
The image that scholars hold about entrepreneurs and the process of entrepreneurship is slowly changing. From a rather simplistic view in which entrepreneurship was viewed as a "one time event", there is now an increased recognition of a breed of entrepreneurs, who repeatedly set-up/acquire and exit several businesses in a relatively short span of time. Entrepreneurship is no longer a single and one-time only event. These "habitual ...
An interesting trend emerging in recent times is that companies have begun to define their vision and mission statement as a living document of the organization. They are lived and not framed as a plaque on the wall. It can be found that companies have started decorating their brochures and boardroom walls with grandiose vision and mission statements of global aspirations. Vision and Mission statements have now become an important part of strategy-making exercise ...
When we witness a basket ball player’s inexplicable maneuver in the air or a classical singer extracting another shimmering high C from the gristle of the vocal chords, we don’t classify them as being intelligent. These talents seem to be tangential to intelligence than proof of it. But, Dr. Howard Gardner, Father of Multiple Intelligences theory, disagrees. In both the player and the singer, Gardner sees intelligence – kinesthetic intelligence in the case ...