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Evolving Organisations: Remembering McKinsey 7S Model

S. Shyam Prasad Ph.D Abstract In modern time, organisations want to grow fast in order to catch up with the grown-ups. They incorporate various tools and systems adopted and used by the predecessors. This may not necessarily result in achieving the intended objective. Organisations have to draw upon the McKinsey 7S model; ensure that other […]

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The Ecstasy and Agony of working as a HR professional in Organisations Today

By: Shurlly Tiwari- HR faculty (ISME, Bangalore) ___________________________________________________________________________ “True HR power comes in influencing business outcomes, rather than just reporting what happened”- Dr. Edward Siegal In today’s dynamic world, HR professionals go through a trip of ecstasy and agony. Professionals are ecstatic, while conducting HR functions as well as giving them shape, but this feeling […]

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IFRS Convergence in India – Need, Benefits & Challenges

By: Joydeep Dass Faculty – Finance Email: Joydeep@isme.in Mobile: +91-9175360870 Introduction – The IFRS (International Financial Reporting Standards) convergence has gained momentum all over the world and India is no exception. As the world is going global on a massive scale, the need for convergence seems all the way more important. The need for common […]

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HOW EQUITY SHARES ARE DIFFERENT FROM PREFERENCE SHARES AND DEBENTURES?

Sudindra V R  ABC Ltd Company operates in manufacturing of CFL bulbs, which established in the year 2008. Company Memorandum of Association, mentioned the Authorised/Registered/Nominal capital of company consists of 2,00,00,000 equity shares of Rs. 10 each. The total capital of the company consist of  Rs. 50 Crores  in 3 parts:   (1)  2,00,00,000 Equity shares […]

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Talent Management and HR Apps – The way forward!

Talent Management and HR Apps – The way forward! By                                                                                                         Dr. Anju Kumar Introduction The way work is done has changed radically. Mobile consumers are using mobile applications, more popularly known as apps, for various life needs. An app is a computer software used for desktops or for mobile devices. These programs can be downloaded […]

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Tata Power and the Winner’s Curse

Tata Power and the Winner’s Curse Sathyan Subbiah It would not be better if things happened to men just as they wish. ~ Heraclitus of Ephesos Markets are usually a good way to organize economic activity. While it is well-known that certain market structures such as a monopoly lead to inefficient allocation, even when conditions […]

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Using Nudges to Improve Outcomes

Prof. Sathyan Subbiah While behavioural economics has become a part of the mainstream of economic thinking for over a decade and half, the concept of nudging which applies an understanding of behavioural economics to improve outcomes has been in the spotlight since the award of the 2017 Nobel Memorial Prize in Economic Sciences to Richard Thaler […]

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IS INNOVATION THE ANSWER TO DIGITAL DISRUPTION?

Prof. Anshu Sharma The Digital Learning Curve Digital disruption is upon us, believe it or not. Even the so-called traditional industries such as retail, automotive, real estate, travel & transport, mining and banking are being disrupted through the power of digital. Digital led new businesses have already seized a 17% share of revenue, leaving only 83% […]

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