Monthly Archives: January 2022

“Every enterprise is a learning and teaching institution. Training and development must be built into it on all levels, training and development that never stop.” – Peter Drucker

Extended periods of employee training and rigorous curriculum prepared to keep the employees aware of the workspace situation is one of the most common yet hectic procedures that any organization has to go through. But goes without saying, training the employees after their successful onboarding has to be one of the most significant steps taken from the company’s end since this is all about building work rapport and gel well with the candidates so that they feel at ease; they get to know the workspace better and the company to gets to deal with the nitty-gritty of the candidate profile, their communication skills, observational patterns, cognition level and social cues are drawn up accordingly. To get rid of the formal professional tension at the workplace, a time window of a few months is dedicated to bringing the candidates to a disciplined training module for which they are getting paid by the authority. Now, this might seem to be an expenditure incurred by the team but for employee retention for the long run and to avoid replacements in near future it is better to invest in getting the candidates especially the freshers, industry-ready so that they can be valuable assets and can contribute for the company’s growth.

Here are some reasons behind investment for successful employee training by companies:

Educating and edifying the candidates – It is of utmost importance to inject the right amount of knowledge into the candidates especially if they are freshers so that they get to know about the company goals, work procedures and might apply their strengths and work on their weaknesses accordingly. To impart knowledge and incorporate work ethics is something worth spending when it comes to training candidates after onboarding. The candidate must be aware of the dos’ and don’ts of the company so that further interactions, meetings, targets, deadlines, pitches, presentations, client dealings are hassle-free and uber smooth. Since Peter Drucker had rightly stated, “Every enterprise is a learning and teaching institution. Training and development must be built into it on all levels, training and development that never stop.”

Every candidate training session has to be a two-way communication so that the authority or the team leader or maybe the manager gets to know each candidate well and on the other hand the candidate to needs to muster enough information about the team and how it functions. Instead of unilinear communication, a balanced give and take are must be solicited so that candidates can shed their inhibitions and the company can utilize their employees to the fullest, at their optimum levels after judging, evaluating their resourcefulness. 

Professional mindset development – Since the company onboarding training is way too different from that of university curriculum modules, the employees get to taste the real world of the corporate which is more formal and more professional in that sense. And when candidates are getting paid along with this valuable set of training, they are sharpening their corporate skills while being financially inspired. The investment must be treated as a reward since onboarded employees try their level best to cope with the team members and deliver the best possible performance so that they are absorbed and retained by their respective companies for longer periods of time.

Keeping employees updated – With this corporate competition on the rise, the skyrocketing demand for employee training curriculum is absolutely crystal clear and has gone far beyond the mainstream since training has to have innovations to help the candidates flesh out better ideas for the company. To keep the employee updated regarding company stakeholders, company clients, market speculations, competitors, products and services and targets is a mandate and a necessity from the company’s end.

In accordance with Lorman, more than 70 percent of the working population especially the millennials feel the need of a solid onboarding training even if they are self taught. Companies with weak onboarding processes are twice as likely to experience turnover of employees. Leadership training statistics portray that almost half of the population of managers in the corporate world all across the globe who have been working for more than 10 years now have received less than 9 hours of on job training hence, their self-study was stressful and hectic enough. More than 60 percent human resources managers warrant a strong and potent job training and hence, this is anything but expenditure.

 “Employees cannot become more productive in every sense of the word unless are provided with continuous on-the-job training” – Gregory Balestrero.

People have been taught from a very early age not to be judgmental. When talking about Identity or reputation, the focus is always shifted towards reputation.

People hire us, fire us, marry us, loan us money and otherwise support us based on our reputation. It is something that can be described as how others see us.

While on the other hand, identity can be explained as to how people see themselves. However, the question remains constant: which matters the most in terms of organizational affairs – identity or reputation?

Which matters the most in terms of organizational affairs – identity or reputation?

You already have discovered the fact earlier that identity is how we see ourselves and reputation is how others do. In order to understand which matters the most, it is important to look at them from a closer view.

Like identity for a fact is self-awareness which could be both inflated and inaccurate. There are also higher possibilities that one might underestimate themselves and their capabilities or overrate them.

It also appears to be a little less predictive of career success than the reviews of others. While on the other hand, reputation is gaining others’ awareness which could be both variable and biased. It is completely based on what others say alongside being predictive about future careers.

There is no room for self-ratings in this case. The easiest way to understand this is in terms of a reality show. You must have seen how a person in an interview speaks of themselves and tries to blow the HR’s mind with their confidence.

They talk about what they are capable of. But their reputation is what the HR perceives to be. This clearly shows that there is a slight difference between the two. But when concluding which is more important in an organizational affair – then the answer would be reputation.

What makes Reputation so important in an organizational affair?

As now you know that reputation matters more in the organizational affair, it is important to understand that it defines a person’s personality as well. Wondering how? Well, then let’s suppose that the person went to the interview and is waiting for the results from HR.

In this case, reputation would decide if you would be hired for the job position or not. This is because it is how they see you. It is them who would decide how your performance would be evaluated or agree if you would get a promotion.

Once you get promoted, you would know how reputation matters most in the organizational affair and not the identity that you hold. It is simply because all the consequential verdicts are taken involving how others see you and not how you see yourself as.

When looking at these in a practical way, it would again somehow prove that people make decisions or act accordingly on how they see you. Nothing is based on your identity in the organizational affair but only reputation.

Is Reputation important at a personal level too?

Looking from a personal level, it is an identity that matters because people’s perception of you would always keep changing with time.

Identity is something that an individual defines their uniqueness through their past, present, future alongside other aspects like occupation, gender, etc. One should be aware of their worth, subjective realities and know themselves better than anyone else to survive.

Reputation is easy to understand and study. It is what an individual should look forward to the understanding of others at a personal level. If not then, one might end up mistaking everyone to be on the same page as them. Not to mention, no one wants to live in a place where things are not true.

It’s the Reputation that matters !!

Remember when Shakespeare said ” All the world’s a stage and all men and women are merely players” – this simply means from a view of organizational affairs that recruiters pay more attention to what a person can do than what they believe themselves to be.

They pick the ones on the basis of their reputation so there’s always a golden chance to enhance the workplace culture with every passing time.

What do Corporate conversations mean?

Definition: Corporate conversations mean the process in which businesses, organizations, institutions exchange information or interact with their various internal and external audiences.

These audiences can be of varied types such as,

• The customers,
• Potential buyers,
• Key stakeholders,
• Vendors,
• or even the staff members/ employees.

The purpose of implementing corporate communication:

It serves the direct purpose of generating, promoting, and maintaining a consistent brand identity and image.

It’s quite obvious that the better you become in handling corporate conversations, the easier it becomes to maintain the entire system and also find better returns.

Importance of corporate conversations – Why do you need it so much?

One might underestimate corporate communication, however, when you look through the benefits it offers- you would surely want to try it out!

Here, you’ll find a list of major betterments corporate conversations can bring.

• Better interactions

Corporate conversations serve a very clear purpose, that is, to build mutual trust among different organizations or among their audiences which helps them in maintaining a strong relationship.

• Clear understanding

With the help of corporate communications, the audiences are able to interact in a much better way with the businesses and also get a clear understanding of the motives and goals of the organizations.

• Build a loyal customer base

Corporate communications also allow the customers to look into the procedure of the institutions which builds trust among them and also constructs a loyalty of the customers towards the businesses.

• Close deals easily

Effective communications and negotiations are essential for any company to become successful and known and also bring them a step closer towards achieving their goal.

• Better relationship with employees

Good communication enables a company to foster good relationships not only with external audiences but also with its own employees.

It enhances a good working relationship between the owners and the staff, they tend to become more attentive, active, hardworking, and cooperative.

7 trends that will dominate corporate conversations in 2022

If your New Year Resolutions of 2022 include ways to improve your business strategies for the coming year, then it is important for you to have a good idea about the ongoing or upcoming business trends of 2022.

Staying updated about the latest trends increases your credibility in today’s world and helps you become a worthy competitor in the market. Figuring out your strategy by matching the current trends is the best way to go ahead in your field.

So, here is what you are looking for-

7 trends that you need to know about corporate conversations in 2022:

1. Inclusiveness

Team efforts are way better and more effective than individual efforts. Including your team and making use of the actual potential of every team member in the correct way will undoubtedly lead you towards success faster.

Trusting your teammates is crucial for the team to work smoothly. Diverse teams with varied expertise are better when it comes to solving problems

The chances are higher to find an accurate solution to the problem as many brains are cooperating together which leads to better results undoubtedly.

2. Sustainability

In today’s generation, we have to make sure to shape a smarter future by sustainable use of all depleting natural resources.

Eco-friendly workspaces will help to a lot of extent by using renewable resources. Minimizing the use of non-replenishable resources in your business is a step towards a sustainable future.

Applying an environment-friendly work atmosphere will also create a good reputation for your company and will attract more customers who will trust your work.

Thus, by ensuring sustainability in your business strategies, two goals are achieved at the same time. 

3. Accountability

It is very important to stand by what you do in this era of development and globalization. Keeping in mind that the work is done for the whole team and not just for any particular individual should be the primary motto.

Therefore, it is the responsibility of every person involved to put in equal efforts to achieve their goals.

However, the leader has a greater responsibility as he is in charge of how a person in the team is working, what is the person’s role in the team, and to figure out the strategy of the business.

The inclusive nature of a company enables flexible working which in turn gives better results.

4. Project Management

It is expected to see wider use of project management tools even in 2022. This is the reason there is an emerging demand for project managers nowadays.

The role of the project managers has intensified in the past years and will also continue to rise in the year 2022.

The roles of the project managers are vast which include budgeting, scheduling, strategizing, tracking, influencing, facilitating communicating, and so on.

When we talk about project management tools, they have now become more advanced, reliable, and easier to access. Try to include some of them to explore the change.

5. Business Analysis

Strong Facilitation and Communication Skills will continue to be a must quality for Remote Business Analysts in 2022.

It is common for employees to quit their job due to a toxic working environment, low pay, and so on.

To avoid these problems the BAs work hard to ensure a better working environment and reasonable salaries for the staff.

This allows the business to function better in a smooth way. Through their skills, they are able to facilitate communication with the stakeholders to build up mutual trust, and cooperation for the company to run with efficiency.

Apart from that, digital transformation for the companies also works wonders which makes the work much more accurate and easier.

The problems are better analyzed and solved with the most accurate solution giving much better outputs. There are a lot of opportunities for BAs to serve as key strategists for businesses in 2022 as they can become true gems in the future.

6. Agile Organizations

Most of the organizations traditionally have been very rigid in their systems and approaches and had refused to reform their policies in the past.

But with time, people have realized that it is best to move with time and act accordingly as the needs of the new generation are different and they need to upgrade to satisfy their needs.

Organizations now tend to become more flexible than ever to change their system entirely. This approach has made them more acceptable as far as the market is concerned.

So how do you reform your company?

Follow these steps

• Reorganize your workforce,
• Modify the organizational goal
• Being more accountable to clients as well as the in-house staff.

7. Business with a purpose

Keep in mind that your business produces things according to the demand of the current market, or there is no way that you find success.

Earning profits and building up a team should not be the ultimate purpose that your company exists, a strong purpose is also necessary to thrive in business.

Ask yourself these questions-

• Are you doing something helpful for society?

• Is the market looking for what you are delivering?

• Is your delivery missing anything that can be made better?

• What technical advancements can you add-on to deliver better and faster? and how much would that cost?

A strong purpose allows the business to prosper, so don’t forget to ask for reviews from the customers, bring new developmental changes to the existing system, change the mindset and approach, and so on.

Things may go wrong, but keep trying for it!

The key to success is not stopping, but keep moving on and keep pushing it for betterment. You may go wrong, that’s very natural! Because it doesn’t matter how well you understand things or how deeply you research- every business model is different and they have different loopholes- so solutions too should differ from each other.

But don’t fear failure and keep trying to implement new things till you find the best match!

Good luck and cheers!