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Benefits of Business Networking

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Benefits of Business Networking Networking is an essential part of the business and personal growth. It can help you expand your clientele, knowledge, reach, relationships, reputation and eventually result in the growth of your business, profit, and self-value.   There are many ways to strengthen the network. Attending business events, taking part in networking sessions, positively engage in social media activities, expressing your knowledgeable inputs in various discussion forums. The contact built over a period of time will result in many benefits and some are mentioned below. Strengthen of your Profile The number of people knows you, will define the impact you have left in them. Networking and building great contacts will increase the reputation. This will reflect how supportive, knowledgeable and reliable you are amongst your peers. The trust you have earned among all will strengthen your profile for the betterment of your business and personal growth. Inf

An exclusive interview with Mr Muath Mubarak – Chief Executive Officer – FGA on the topic “Managing Millennials”

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An exclusive interview with Mr Muath Mubarak – Chief Executive Officer –FGA  on the topic “Managing Millennials” Muath Mubarak is a qualified Chartered Management Accountant by profession and an Islamic Banker, Trainer and Writer by practice in the field of Islamic Banking & Finance. He is experienced in the field of Management Accounting, Financial Control, Strategic Planning, Regulatory Compliance, Corporate Strategy, Training & Career development in Islamic Banking & Finance industry. Currently, he is the Chief Executive of FGA. For more info & his videos: www.muathmubarak.com Interviewed by Anfas Anees Q1: What are the issues you face while managing Millennials? We used to consider the workforce of industrial era specially those who are loyal, sincere and working for the same company for many years or may be till they retire so that they can live the rest of the life with the retirement funds. But the information era / Millennial consider

The Discussion Forum - 2

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“SUCCESSION PLANNING” Are the SME’s doing it right? DEFINITION of 'Succession Planning' A strategy for passing each key leadership role within a company to someone else in such a way that the company continues to operate after the incumbent leader is no longer in control. Succession planning ensures that businesses continue to run smoothly after the business’s most important people move on to new opportunities, retire or pass away. https://www.investopedia.com/terms/s/succession-planning.asp#ixzz51gn4d2z8   It is inevitable that every organization should have a succession plan in line for a smooth and long term operations of the organization. When it comes to Public Limited companies’ succession plan will be decided by a board of directors and via a formal procedure. But what happens for SME’s when the leader in command wants to pass on the baton of the organization? It is the common practice among the SME’s that the company runs on the founding le

“MOTIVATION” THE SPINACH FOR THE WORKFORCE

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A motive is a reason for doing something. Motivation is concerned with the factors that influence people to behave in certain ways. (Armstrong, 2006) It is simply the willingness a person has to do any task with utmost passion and likening. The willingness to do a task may occur when it is attached with monetary terms and also with nonmonetary terms. And this Motivation factor is the influencing factor of any organization as without that element present in the employees may lead the organization to go on a downwards spiral.  In an organizational context motivation is given to employees mainly by monetary terms. Money, in the form of pay or some other sort of remuneration, is the most obvious extrinsic reward. Money provides the carrot that most people want. (Armstrong, 2006) However, Money has not been always a motivator at different levels. There are many nonmonetary motivating factors which influence the employees’ efficiency in the organization. Such as long term vi

The Whistle Blowing Policy

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 “A whistle blower as defined by this policy is an employee of  and organization who reports an activity that he/she considers to be illegal or dishonest to one or more of the parties specified in this Policy”. (SHRM, 2016) https://www.shrm.org/resourcesandtools/tools-and-samples/policies/pages/cms_007814.aspx When operating in the modern organization context it is inevitable to manage the employees’ needs and organizational affairs as well. And a separate Human Recourse Department or a dedicated personal is appointed specially to take care of these affairs. One of the main issue the HR department or personal come across is dealing with frauds and dishonest actions which go against the company policies and procedures. The complains against these issues may diverse from the janitor to senior level management and depending on that the actions to be taken also will be varying. Sometimes organizations maybe facing a situation where the person who is involved in the c