One of the most challenging management tasks for new and seasoned leaders is understanding how to appropriately delegate. Those struggling with delegation frequently appear as micromanagers, making their staff feel watched and distrusted. Most employees dislike being micromanaged. Thus it is in your best interest as a leader to stop this behavior before it has negative consequences such as low morale, lack of motivation, and staff turnover.
Since 2020, the outsourcing sector in the Philippines has witnessed a massive shake-up, and recent regulatory changes mean the industry will never be the same. We explore the winners and losers of a recent decision by the Philippines Government to allow outsourcing firms to keep tax perks while enabling 100% of staff to work-from-home (WFH).
The modern workplace is constantly evolving, and it’s your responsibility as a business leader to make sure no one gets left behind. When most jobs went remote at the beginning of the pandemic, leaders scrambled to transition work, benefits, and support to the home office. But now, as many knowledge workers face a hybrid future, are you giving equal consideration to all employees regardless of where and how they work?
Productivity vs. efficiency. Both are important metrics in any business. While often used interchangeably, there are key differences between the two, and neither is complete without the other. True productivity takes efficiency into account, and vice versa. This post explains productivity vs. efficiency and shows you how to combine them in analyzing business performance.
In this post, we will look at what are the main differences between the Inherent risk and Residual risks. Both of them have their own implications, so let’s take look first at what is risk management.
Creativity is a crucial element in the planning process. Without it, your plans may lack originality, freshness, and appeal. However, with a bit of creativity, you can infuse your goals with new ideas and perspectives that will make them more exciting and engaging. Creatives are often cited as critical ingredients in succession planning. In this article, we’ll explore the role creativity plays in effective planning and offer some tips for how to tap into your creative potential.
Financial Services is undergoing a major digital transformation. Technological advances are changing the very core of the business - making transactions and related processes automated. With automated and digitalized services, banks and other financial organizations are looking for effective ways to retain old and attract new customers. Research suggests that FinServ organizations will be able to differentiate themselves from others with the quality of customer service.