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HR Management Archives - Page 7 of 11 - Ideas for Leaders

Family Business in India: Meeting 21st Century Challenges

Family businesses are large contributors to the Indian economy, forming an integral part of Indian culture and society. They account for approximately 85% of business in the country, but have traditionally been plagued by concerns about their susceptibility to emotional decision-making, non-professionalism, governance issues, etc. Now, however, it seems that family businesses are gradually shedding […]

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Identifying High-Potential Talent

"47 per cent say their current high-potential talent pool does not meet their anticipated needs." The term ‘high-potential’ is often found in business literature referring to employees.  What exactly differentiates one from other employees? According to this Idea, high-potential employees are those identified as having the latent talent, ability and aspiration necessary to hold successive leadership positions […]

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When Financial Incentives Backfire

Economic theory tells us that human capital, i.e. employee ability, is positively linked to productivity and that high performers should be rewarded. Strong financial incentives for performance, however, can carry unexpected costs for companies. (The financial crisis was but the most vivid demonstration of this.) A recent study of a private Polish retail bank suggests […]

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