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Future Of Performance Management System

Future Of Performance Management System

Performance Management System has undergone a lot of changes in the recent past to effectively translate effort to performance. The old ways of assessing performance have proven to be costly and ineffective. Bell curve alias relative comparison has been observed to be time consuming and often detrimental to performance. Organizations such as Adobe, Accenture, Microsoft and Delloite have adopted new ways of assessing to enhance individual and organizational performance.

Sasi Vignesh
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Raghuram Rajan Is Not Done, Yet - Finance Guru Tamal Bandyopadhyay Speaks

Raghuram Rajan Is Not Done, Yet - Finance Guru Tamal Bandyopadhyay Speaks

That the Reserve Bank of India (RBI) would not cut its policy rate in the August bi-monthly review was almost a given. To that extent, there was no surprise in the monetary policy review on Tuesday. Far more interesting than the 2,175-word review was the statement that RBI governor Raghuram Rajan read out (it was roughly one-third of the policy review, in length) at the customary press conference after releasing the review. It ended intriguingly. “This is my last policy statement, but there are still 28 days in my term which I intend to use fully,” Rajan said.

Tamal Bandopadhyay
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Operations Vala CV - When Being Technical Helps - Abishake From IIM Lucknow

Operations Vala CV - When Being Technical Helps - Abishake From IIM Lucknow

This is that time of the year when an MBA college is hustling and bustling with first year students running around with their CVs. The seniors are in high demand and CV reviews are happening in bulk. With a decent background in operations and a summers in supply chain, I have decided to jot down a few pointers to help you in preparing an Operations vala CV:

Abishake Koul
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IIMB Gets Mooky With MOOCs - Deepika, IIM Bangalore

IIMB Gets Mooky With MOOCs - Deepika, IIM Bangalore

IIMB is not only encouraging entrepreneurship in various forms, but also has infused this spirit it in its own employees’ blood. From this emerged the fascinating story of IIMBx, the fastest growing Indian start-up in MOOC’s space, solving the problem of lack of access to quality management education. Currently IIMBx has announced 24 courses, for which 2,75,000 students from 185 countries have enrolled. I’m standing in their office, everyone is busy working and it appeared to be a big hassle. I wondered what are those people up to and how it all started? Here’s what they have to say. Above is the picture of the team who aren’t afraid to dream big.

Deepika Mallyk
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BYOB – Blog Your Own Brand

BYOB – Blog Your Own Brand

Google has become a way of life, or I shall say way to the mind of the user. And the entrance is over populated. In such scenarios, you as a brand want the right information to reach your customer. Through the overload of information that circles the net, brands have to find a way to own the franchisee of its customer’s mind. Blog is one of the several ways of laying that strong foundation. Blog is a medium where you can converse with your consumer. In today’s scenario, where consumers are educated and much more aware, the brand has to make sure that they are hearing the right voice. Let’s take example of Nestle’s Maggie, which had been a hot topic in recent times. The consumers of Maggie were very much anxious of the news that surrounded the product. Consumers were googling about it, reading about it on the news columns. Though there was lot of information about it on the net, yet I think most of us were waiting to hear about it from the brand. Yes, we have social media platforms, and Nestle did start a campaign on the Twitter when the court gave them a clean chit, but the information on platforms gets lost somewhere amidst so many posts or tweets. So blogs can be a better medium to quench the thirst of your information seeking consumers.

Nikhita Basti
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