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Entrepreneurship
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Written by Sumeet
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Sunday, 28 June 2009 23:07 |
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I recently read a post "How-VCs-Work" on the venturewood blogsite which was an entreprenuer's take on what I suspect is lack of interest by a VC, the royal ignore that many budding entrepreneurs get from the VC community.
It got me thinking, do we always need big money (read VC) to set up or grow a business?
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Entrepreneurship
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Written by Sumeet
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Tuesday, 23 June 2009 18:05 |
Angel investing based on who else is doing so is not the wisest way to invest. At the Angel stage there are several reasons to rule out a potential investment but its a lot harder to rule one in.
In my view the key and perhaps the key (if not only) reason to decide on angel investing in a company is the entrepreneur. (Often there is not much else you can go with in any case).
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Entrepreneurship
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Written by Sumeet
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Tuesday, 23 June 2009 17:48 |
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Adam Smith irrevocably changed our approach to work with his principle of Division of Labour. His principle of work specialization is still largely the premise of our modern organization structure design. Henry Ford incorporated this in his model of automobile assembly line manufacture and introduced on his shop-floor the conveyor belt that ensured that work went to specialists rather than the other way around. The humble conveyor belt has survived a century and still ensures that products are churned-out of production floors with pre-programmed precision.
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Employee Acqusition
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Written by Sumeet
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Tuesday, 16 June 2009 16:29 |
As a talent crunch hits companies in an increasing number of industries hiring managers are finding it tougher to hire quality people within budgeted CTC (cost-to-company) levels. "All prospective employees are looking for is more money" is an often heard plaint among recruiters.
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Employee Self-Service
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Written by Sumeet
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Tuesday, 16 June 2009 16:16 |
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Every so often, my work puts me before HR folks at companies and one of the things I always ask is if the have an employee self-service portal. The answer especially in the larger companies is a "yes, we have an intranet for employees". But more often than not the contents of this portal are not much more than a lot of static content about the company, its HR policies and a collection of forms that the employees can download, print, fill and then submit manually for processing/approval.
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Separation
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Written by Sumeet
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Tuesday, 08 July 2008 18:35 |
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Over the years, HR jargon on employee separation has moved from "Reducing Attrition" to "Managing Attrition". There is a subtle but sure difference between the two. Managing attrition accepts that attrition is not just unavoidable but that it is also in many way an essential part of creating the organisation pyramid. It is being increasing recognized that not all attrition is either bad or controllable.
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