The Importance of Emotional Intelligence in the Workplace

The Importance of Emotional Intelligence in the Workplace Emotional intelligence has a significant bearing on our professional lives. Hence, it is imperative that we understand what it signifies and its role and importance in the workplace. Every individual has a unique personality, emotional strength, different capabilities, and all these facets can have a significant impact […]

Millennial

Millennial Coined by Strauss and Howe, this term generally refers to the people born somewhere between 1980 and 2000. It is also called Generation Y OR Generation Next. The people belonging to this generation were born in the early 1980’s, the exact year being flexible across countries. Millennial refers to a period of thousand years. Millennial […]

Dysfunctional Tension

Dysfunctional Tension Dysfunctional Tension is a type of tension or conflict that leads to negative stress. This type of tension or conflict within a group obstructs the achievement of its goals. Any conflict within a group can cause negative stress to an individual and can weaken the organization. Management must prevent such conflicts in the […]

Appraisal Methods (Including 720 Degree Feedback)

Appraisal Methods (Including 720 Degree Feedback) The Performance Appraisal is the assessment of the employee’s job performance against the benchmark previously set for the categories such as output, leadership, teamwork, versatility, supervision, etc. Modern Methods of Performance Appraisal Management by Objectives: This concept was given by Peter.F.Drucker, according to him, the performance of an employee can be assessed on […]

Balanced Scorecard Basics(2)

Perspectives The balanced scorecard suggests that we view the organization from four perspectives, and to develop metrics, collect data and analyze it relative to each of these perspectives: The Learning & Growth Perspective This perspective includes employee training and corporate cultural attitudes related to both individual and corporate self-improvement. In a knowledge-worker organization, people — […]

Balanced Scorecard Basics(1)

The balanced scorecard is a strategic planning and management system that is used extensively in business and industry, government, and nonprofit organizations worldwide to align business activities to the vision and strategy of the organization, improve internal and external communications, and monitor organization performance against strategic goals. It was originated by Drs. Robert Kaplan (Harvard […]