The Age of Oversupply: Why the Future Would be Demanding on the Present Generation
February 7, 2025
Bankruptcy is one of the natural states which a company may find itself in. Entrepreneurship is primarily about taking risks. When companies take risks, some of them succeed, whereas others fail. Hence failure is a natural part of the business. However, many critics of bankruptcy laws believe that there isn’t a need for an elaborate […]
What is the Wirecard Scandal all about and Why it is a Wakeup Call for Whistleblowers Anyone who has been following financial and business news over the last couple of years would have heard about Wirecard, the embattled German payments firm that had to file for bankruptcy after serious and humungous frauds were uncovered leading […]
How Modern Decision Makers Have to Confront Present Shock and Information Overload We live in times when Information Overload is getting the better of cognitive abilities to absorb and process the needed data and information to make informed decisions. In addition, the Digital Age has also engendered the Present Shock of Virality and Instant Gratification […]
Geopolitics, Economics, and Geoeconomics In the evolving global trading and economic system, firms and corporates are impacted as much by the economic policies of nations as they are by the geopolitical and foreign policies. In other words, any global firm wishing to do business in the international sphere has to be cognizant of both the […]
In the previous article, we have already come across some of the reasons why the government should not encourage funding of stadiums that are to be used by private franchises. We have already seen that the entire mechanism of government funding ends up being a regressive tax on the citizens of a particular city who […]
Work culture plays an essential role in influencing employee behaviour. An employee needs to feel comfortable at workplace for him to deliver his level best.
Encourage your employees to work in teams rather than working alone. Individuals who work in isolation tend to be overburdened and hence are frustrated and often criticize fellow workers and superiors.
Let people take help of each other. Encourage effective communication at workplace. Employees should be able to interact with each other to share their experiences and come to innovative solutions.
Half of the problems evaporate in a friendly work culture. People feel happy coming to work and seldom complain or crib over petty issues. Conflicts and misunderstandings lead to no solution.
Trust me; you do not feel like stepping into your organization where team members do not gel with each other. No employee can work at a stretch and it is essential to take breaks in between.
Being too strict with employees does not help. No one will bother to listen to you. Encourage employees to interact with individuals of other departments as well. Individuals sort out half of their problems just by discussing things amongst themselves. Managers need to trust their employees.
Adopt a flexible attitude. Do not impose unnecessary restrictions on them. Allow them to take decisions on their own. Let them take ownership of their jobs. Employees this way start taking their jobs seriously and avoid getting into nasty office politics.
Encourage employees not to make fun of co workers. Each and every employee ought to be treated as one. Never humiliate anyone just because he/she is poor or comes to office by public transportation. It hardly matters.
It is really difficult to work in an environment where people criticize each other and pass lewd comments. Female employees ought to be treated with respect. Do not try to dominate or exploit them.
Rules and regulations should be same for every employee. How can you scold your executive when the Vice President or General Manager also comes late to work? There is absolutely no need of granting any special liberties to people representing top management. If you do so, please do not blame others for not adhering to codes of conduct. Be logical to your team members. Do not force them to attend office on their birthdays or other special days. It is absolutely okay if they take leave for genuine reasons. Do not interfere too much in their lives.
Small events and get-togethers also lead to a healthy work culture and individuals feel attached towards the organization.
Why do employees badmouth their organization? Why do people think of changing their jobs within six months? Why do individuals always complain about their jobs? Think.
The answer is really very simple. Such things happen when there is nothing new and interesting to do. The job needs to be challenging. Sincere and diligent employees ought to be appreciated. Hard work must not go unnoticed.
Competition is essential but it should not lead to unnecessary pressure on employees. Grievances must be discussed in private. Employees should feel safe in the organization.
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