MY MBA BLOGS

  Introduction A common management strategy, outsourcing aids a company in conducting business by reorganizing its operational procedures. By adopting outsourcing, a company takes on the issue of creating a more adaptable institution with a competency-based core business. Outsourcing is mostly used to assist businesses in concentrating on their core competencies, which are more cost-effective. Since an organization outsources its non-core functions to a third party, outsourcing is essentially a development policy for that organization. For a predetermined amount of time at a predetermined cost, the organization outsources some of its internal operations to a qualified third party. Figure 1 concerns with HR outsourcing An organization may outsource its human resources operations to an outside contractor using this approach. It's possible to outsource human resources in a number of ways. One method is through a business process where an outside vendor offers management services to an

  A recent survey found that remote working promotes a culture of "Presenteeism," which makes employees feel overworked and stressed. According to four out of five HR managers, working from home has fueled the idea that employees should be present and online all the time. Three-quarters believe it has the potential to have a detrimental influence on employees' mental health by leading to burnout and anxiety, according to research commissioned by LinkedIn in collaboration with the Mental Health Foundation. figure 1 According to a LinkedIn survey of office workers, 86% of them feel the need to demonstrate to their managers that they are working hard and deserving of their positions. Since lockdown started, people who work from home have accrued an additional 28 hours of overtime per month on average. It is equivalent to almost four days of work. Despite the adjustment to working remotely, more than half say they recognize the advantages and would like their company to provi

 Leaving is difficult. There are several reasons why people continue working for unhappy employers. In my 20 years of organizational consulting and coaching, some of the most frequent explanations I've heard are as follows: I lack the motivation to hunt for a new work. I enjoy my job, my coworkers, and the commute. I require the pay. I am unable to accept a pay reduction. No other employment exist that would be more ideal. I don't want to give up the advantages. I've put too much money into this business to start over somewhere else. This work is too lucrative to quit. I lack the qualifications to obtain a different position. The situation might imp Many of the aforementioned defenses are based on common psychological principles of people. People who experience significant levels of stress frequently experience emotional tiredness, which prevents them from having the energy to look for alternative conditions. It's challenging to give up when there isn't a backup pla

  Over 50% of our personnel ended up working remotely by the year 2022. This translates into greater demand for flexible work settings and greater employee propensity to leave businesses that don't provide it. Creating a sense of inclusion and belonging for remote employees is one of the major problems organizations confront. This raises the issue of how to maintain distant workers' interest. This problem may result in poorer engagement, lower productivity, and higher turnover if it is not addressed carefully. 1. Obtain leadership support Even while remote work is growing more and more common, your leadership team may still be skeptical. Here are some suggestions to win their cooperation and buy-in: Make a business case. Companies that permit remote work have a 25% lower employee turnover rate than those that don't. If your firm's leaders aren't convinced by this figure, you can also compute the Employee Lifetime Value at your company to bolster your argument with n

TABLE OF CONTENTS 1. INTRODUCTION Why is there an employee engagement guide? What I want for you The Employee Engagement Guide operates as follows: 2. EMPLOYEE ENGAGEMENT What exactly is worker engagement? Why is it crucial for employees to be engaged? 3.KEY STRATEGIES TO INCREASE EMPLOYEE ENGAGEMENT Increase the respect you receive at work: The need to modify your employee engagement strategies 4. Lasting impressions Why is there an employee engagement guide? The essential reason why the very best managers rise to the top and leave everyone else in the dark is what I want you to comprehend. I want you to comprehend how, no matter which organization they join, they are able to maximize the talent potential of their teams. Simply knowing how the greatest operate won't elevate you or your company to awesomeness. I mean, it's only a thought. To improve employee engagement and boost business success, you must spend many hours carefully collaborating and experimenting with your team

Introduction For any corporation, creativity is crucial if you want to keep your enterprise growing. Numerous businesses have created a quirky, creative environment for their staff members to help them unwind and foster innovative thinking that will advance their initiatives. When working on a project, some firms even go as far as holding monthly brainstorming sessions to encourage staff participation and project growth. As a result of their team members' participation in the creative process and voice, there is a significant increase in engagement. You may unleash the creative potential of your team members like never before by simply encouraging open-mindedness, creating an inspiring workplace, and providing the appropriate reward s. Figure 1 Imagining outside the box can have amazing results. Why is it so crucial to extend one's mind? Exciting, passionate, and creative thinking are produced when thinking beyond the box. Additionally, as two minds are always better than one,