MBA Aspirant

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Trotting the Temporary Staff Model- Bringing a Transformation in the HR Industry

Trotting the Temporary Staff Model- Bringing a Transformation in the HR Industry

HR is no longer limited to the staff function. In recent times HR has seen some unprecedented changes in its modus operandi. If we exhume its history we can find its roots deep down in industrial and labour relations. Grown at a snail’s pace during the second half of twentieth century, the span of control of HR was limited to support function and to a staff function in more formal sectors. With the onset of LPG (liberalization, privatization and globalization), organizations started recognizing the increasing need of HR to manage its young and diverse workforce. Contemporary HR is considered to be a strategic business partner. It has got the prerogative to voice its concern in board room meetings. Transformation in HR continues, and in yet another leap, it has given rise to an altogether new set of industry, ‘HR Consulting & Solution Industry’.

IIM Ranchi
What's worth reading | Shreyas Recommends (Week 9 : May 19 to May 26)

What's worth reading | Shreyas Recommends (Week 9 : May 19 to May 26)

Flipkart-Myntra: There is no end to the losses in near future, as both companies will continue to require funding An indication of how dire things were for Myntra financially The merger further signifies the threat posed by Amazon to Indian e-commerce companies Every country’s highest valued export In the unfortunate event that New Delhi is nuked Johannes Kepler and the problem of choosing the right girl to marry Creative insomnia: the next time you can’t fall asleep, try writing a song The origins of Cristiano Ronaldo John Maynard Keynes predicted that with economic growth, people will have more time for leisure activities. But that hasn’t really happened To marketing graduates: "hold onto the knowledge you’ve gained here and start finding little ways to put it into action every day” A devil called policy paralysis IBM continues to re-invent itself, but people are uncomfortable with the way it manages its profits Thailand’s continued wait for democracy How Youtube and Internet Journalism destroyed Tom Cruise  

Shreyas Panse
The Six IIM Alumni Report 2014 - Part Three - Top Companies in Banking and Consulting

The Six IIM Alumni Report 2014 - Part Three - Top Companies in Banking and Consulting

It's now time to have a look at the two glamour domains of the last decade. Banking and Finance, and Consulting. They have held a mysterious sway over the minds of MBA grads. We do believe things are changing though - in our recruitment survey last year, most MBA respondents chose sales and marketing as their most preferred domain. Surely, the banking boom is a thing of the past, and things will probably never be the same again. The number of available global front-end roles at top investment banks is a fraction of what it was prior to 2008. People are slowly realizing it. Slowly is the operative word. Many students anyway got unwittingly sucked into the vortex of finance, and took up middle-office ppt-making roles at these investment banks. On the other hand, consulting companies, which offer a slightly lower salary (compared to front-end finance roles) and better work (ppt-making and some additional perks - speaking to top management), have actually grown in popularity over the last few years. Again, consulting is a tertiary service like the advisory services provided by investment banks, and perhaps, the best and brightest of Indian B-schools can do better than spouting management jargon with practised ease.

Team InsideIIM
NaMo – A Fine Marketing Baron Indeed !

NaMo – A Fine Marketing Baron Indeed !

How many of us reading this post right now are from the era where promotion of almost all activities including pre-movie releases, advertising and campaigning for the impending elections were all done using insensitively blaring loudspeakers attached to an auto-rickshaw that used to move around the city/town at the  most annoying hours of the day? Or, when individual party members used to visit each and every household in the vicinity, enlightening the apparently ‘ignorant’ masses about their clean, bright party members contesting from that area. Well, most of us may just have heard of such happenings, never experienced them, thanks to the speed at which Marketing methods and its channels are evolving, over time.

Venu Merh
12 Ways B-school Life is Different From Engineering

12 Ways B-school Life is Different From Engineering

Every year engineers form the biggest chunk of students who come into any b-school. They have a distinct lifestyle that everyone from that cohort relates to very easily. The b-school life on the other hand is drastically different and this makes the initial few days in b-school extremely difficult to adjust. Here’s my list of 10 differences that will help you understand what to expect in your new life. 1.      The Busy life: Think of the busiest day in you engineering. The day you had to submit assignments, take a quiz and attend 4 lectures……….yes that!! Now, this is your typical day in a b-school.

Ishan Arora
MBA Aspirant | InsideIIM