Financial capital is considered the most critical aspect of any company. Top-level executives keep discussing how to increase capital and draw maximum profitability. However, financial capital is not the company’s most scarce resource. In fact, it is relatively easily available and still cheap. As per Bain’s Macro Trends Group, global supply of capital stands at around 10 times global GDP. Hence, the demand for investment in projects and R&D is considerably low than the most scare resource — human capital.
How Executive Coachings Deliver Different Results When Undertaken by younger, Older Employees
A study conducted by Manchester Inc.On the impact of executive coaching showed an average return on investment of 5.7 times the initial investment.
Among the benefits to the companies, it was found that productivity of employees increased by 53% and quality by 48%. The employees were able to reduce customer complaints by 34% and reduced cost by 23%. The bottom-line profitaility increased by 22%.
Retail is one of the most dynamic and lucrative industries. The modern face of Indian retail attracts several young professionals giving them opportunities to learn business strategies, management and revenue earning tips. On the other hand, the experts, of the industry work out on new innovative ideas to develop and enhance profitability of the retail industry further. Hence, this ever-budding industry offer good career growth for all who want to earn name, fame and money.
Manpower is the backbone of any organisation. The Success and growth of a company majorly depends on its manpower. So, what is manpower? Manpower is basically the workforce of the organisation at different levels in different departments. No company can grow and develop if its manpower or employees do not work efficiently. So, selection, placement and motivation of manpower are amust for any organisation to stand against the tough competition in the market and perform at par excellence.