A businesses dependence on IT, technology, communication has kept evolving over the years. Most transactional activities at work places have gradually been automated. With the reduced cost of technology deployment – using SaaS, and cloud based offerings, even small companies can leverage technology for a minuscule costs to automate most of their transactional process. Future…
Praveen is the Founder & Principal Consultant of KHEdge, a boutique HR & Business Process Advisory firm. Over last 15 years he has advised & worked with promoters, founders, business leaders, HR leaders in areas of – Business Strategy, HR Strategy, Organisation Design etc.
Benchmarking compensation – Simple hack and no nonsense approach.
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•This approach to benchmarking compensation at your workplace can work across business and sectors, industry domains. If undertaken well, and with reasonable thought and effort the benchmark percentiles would be a good guide related to the identified jobs, industry and target companies. They can help in deciding or recommending your teams increments. The approach assumes…
Dhamma (Dharma) at workplace.
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•Resume tips: In search of a perfect resume
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•Bringing objectivity in your performance management process.
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•Any performance management process is based on simple framework. Performance Planning, or Target Setting (KRA*, KPI**, Measures) Performance Review (Review – Feedback – Appraisal – Related decisions.) If you want to bring objectivity in your performance management process, you have to ensure that the performance planning exercise assigns tasks and related targets to employees based…
HR priorities and planning framework for a greenfield operation – Guide for the lonely CEO.
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•Identifying hr priorities for a new business or a greenfield operation can be daunting. Ensuring that appropriate hr planning is undertaken helps keep your business well organised. This helps prevents you from feeling the burden once new employees start joining, or when people start refusing your job offers. . The story begins: A company decides…
When it’s difficult to bring objectivity around your KRA & KPI’s?
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•Ideally for an effective performance management system supporting organisational productivity – it is recommended that the performance plan (KRA & KPI’s) for employees stay as objective as possible. In most cases however, it is not really possible. This is more true in case of employees at junior management and frontline, as well for employees in…
Additional Thoughts: Visible but difficult to address challenges at workplace.
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•I am adding some related thoughts on these points from the earlier post: Reflections: Visible but difficult to address challenges at workplace. On Yes Men: Most Top Executives love “Yes Men” reporting to them, and they personally love to be “Yes Men” to the top guy. (Point 3, from earlier post.) I may not really…
Reflections: Visible but difficult to address challenges at workplace.
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•These reflections relate to some very visible occurrences (but not always) in at least some pockets, in almost every organisation – big or small, MNC or otherwise. Have a look, may be you have also felt the same during your corporate stint. Senior Level executives (CxO & HOD Types), do their best to avoid a decision…
Do startups and small companies need a formal compensation benchmarking exercise?
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•Last year, the CEO of a small IT company asked my firm to undertake a compensation benchmarking exercise to identify compensation of similar manpower in comparable businesses. They wanted benchmarks for the software developers, design guys, and other operations team members in the business. They wanted adequate data to be able to make informed decision…
Being positive helps !
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•Every situation can be interpreted in as many ways we can think of interpreting it. We can dissect any situation based on our own understanding (which for most of us is mostly limited) and interpret it as seems fit to us. A statement can be humor, the same can be sarcasm, the same can be…
Trumpeter Swans
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•Recently I was browsing through the pages of Ogilvy on Advertising – a book by David Ogilvy, the legendary advertising executive. David Ogilvy was one of the founders of Ogilvy & Mather, a leading agency which subsequently became a part of WPP. The book features a section where in David Ogilvy wrote about the relevance…
Most school systems give us fish instead of teaching us how to fish.
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•“The reality is that most of us grow up strapped in an educational system that favors obedience over independent thinking. We’re rewarded for trusting authority, and punished for challenging it. We focus on memorizing the stuff other people came up with—formulas in math, grammar rules in English, theories in physics, cell functions in biology—rather…
Employee attrition: Why it’s good?
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•HR and business heads are thoughtful and concerned when they review employee attrition numbers for their business. Replacing talent is expensive, and high employee turnover can negatively impact business performance. Employee attrition normally gets associated with increased hiring expenses, lost productivity, high cost of training new hires, etc. In this post, I have tried to…
Written communication at workplace: Simple ideas, worth revisiting
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•These are simple insights that can enable you work on your written communication in a business scenario or otherwise. You may be already aware of these, but then you invariably miss out on these. Who is the recipient? Emails have become an essential component of written communication at workplace, as well as a well used…