Debts incur a cost to the firms that is lower compared to the cost of other sources of funds, as interest is tax deductible Growth in the revenues will only be able to sustain the debt cost and if it does not happen, then the debt will seem to be an insurmountable mountain Funds are [...]

Brilliant ideas by first-time entrepreneurs need adequate government help and financial backing Small businesses are the backbone of our economy creating employment, experimenting with new and innovative business models.  The same is also true about all start ups – they have been instrumental in creating exciting and groundbreaking innovations in almost all verticals like technology, [...]

A change agent is someone who guides or brings about a change in an organization. It can be an external or internal source. A change agent may be a consultant who finds solutions to organizational problems (businesses in need of organizational change often appoint a Six Sigma team to assess and initiate the change). Or, [...]

A turnaround strategy is a restructuring approach devised to make an organization profitable again by reviving a sick or loss making business unit. The aim of the strategy is to move the business organization in the right direction. “A turnaround is a sustained positive change introduced to ensure the survival of a failing business that’s [...]

Recruiting skilled professionals to run the business efficiently is a constant task for organizations. Companies search for, select and appoint skilled professionals to manage various business processes and ensure profitability. Though experience counts in more complex management roles, fresh management graduates are a clear and winning choice for entry-level jobs. Here’s what makes freshers good [...]

Shared Leadership arises out of social relationships that value democratic processes. Unlike classical leadership, shared leadership is not identified by hierarchy, but by the quality of the group members’ interactions. The members are interdependent and actively participate in the process of leadership. There is no one particular person who leads in such a group; more [...]