There is a sense of déjà vu as one reads the newspaper, surfs the internet or watches the news on television every day. The headlines and main stories are invariably about shrinking economies, slackening demand and headcount reduction. It is no surprise that when demand drops, the standard response of most companies is to cut the spending budget (especially marketing spend)....
India along with China, Russia and South Korea would emerge stronger out of the current crisis as they enjoy strong economic foundations based on foreign exchange reserves, higher growth rates in GDP per capita and sound monetary policy measures, according to Assocham. Its study titled "India & G20: Economic fundamentals amid global recession"...
Providing clear and direct feedback is an essential function of management. The value of feedback is that it promotes learning and maintains performance in alignment with accepted standards. Frequent feedback provides more cycles of learning and allows employees to more rapidly move up the learning curve....
Hit by the global economic meltdown, lack of funds and falling exports, corporate India's business confidence has sunk to a seven-year low, says the latest FICCI survey by an industry lobby. The Survey for the second quarter of 2008-09 said there has been a significant deterioration at three levels- economy, industry and organisation...
It is certain that a full blown global recession is now on. The indicators are too stark. Stock markets, prices and outputs are down everywhere without exception indicating a general global contraction of demand. At the same time unemployment is up everywhere and rising....
When performance standards are not met managers know that getting to the root cause of the issue is the key to creating sustainable improvement. In the book Influencer, Kerry Patterson et.al. describe a powerful approach for analyzing the sources that influence the ability to sustain results. These principles...