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Tips for a Solid Performance Review System

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  It will soon be that time of the year when employees start gossiping on the hikes their colleagues are expecting this year. Yes, the much awaited performance review process gets started in many of the organizations in the month of April & May, and the HR folks will have their hands full to carry out this activity smoothly. Although, this task has a strategic impact on the organization, it is not perceived in the similar way for the employees. They dread these review processes and often the reason behind that is the inaccuracy in the process, biasness, etc. This confusion leads to frustration and decreased productivity in many of them. Today, many companies are reinventing their performance review processes in a manner which can contribute to increase in employee productivity and also improves overall morale of the organization. The people of Human Resources have transformed from a mere administrative role to a more strategic role which can be influential in leading the organi...
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O' My Coffee - How you doin'?😉

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   That smell of roasted coffee beans, the fine aroma... It feels refreshing by just thinking about it. From One coffee lover to Another. I really miss going to cafes, taking those slow sips and enjoying the time while talking to my friends, reading a book or working. Since, work-from-home became the new norm, most people confined themselves in their home. Hitting a local cafe for that daily caffeine dose has now become a ritual of the past. 2020 will go down in history for many reasons. It has significantly changed our daily lives and routines. Many of us have been fans of Friends one time or other. While watching the show, we have pictured our friends hanging out, chatting, gossiping or even working along in a Cafe. It has made cafes a hangout spot. To most of us, drinking coffee is like a ritual. A good cup of coffee can be a perfect complement for a productive day. But when you are confined by the boundaries of your home, how do you get that one single cup. Well of course,...
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Anatomy of Co-Working Spaces

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"Coworking is all about community, but I believe 'work' part of coworking should be as attractive as the 'co' part." - Jerome Chang Are you the Owner of the Co-working space? Are you the Founder of a future unicorn? Are you a Freelancer? Or Are you a part of a Big Corporation? It's the beginning of 2020 and the term 'co-working space' or 'shared working space' is no longer alien to us. The year which we have just left behind saw 1688 new shared working spaces open globally, which in turn have created a sum of 18,287 such spaces on Earth. The industry which is witnessing 9.5% growth year-on-year has been projected for a market valuation of $45bn by 2022 in India. The industry which had been attracting the attention of startups earlier is glittering more brightly now and has started to attract big corporations towards it. Is it just a fad? Or is it something that is going to change how we work? It sure is making these Real Estate gi...
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How Chatbots are changing Customer Engagement?

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Remember Her? The movie ' Her '? For those who have not seen the movie, it is a SciFi movie, released on the Valentine Day of 2014 in India. 'Her' is a story set in future LA where Theodore, a lonely and introvert man upgrades his OS which came with AI virtual assistant named Samantha, designed to adapt and evolve. Theodore gets hooked with his AI and his discussions on love and life take him on a journey where he falls in love with Samantha. The story touches the point of 'Can a human being have an authentic relationship with an inhuman entity?' In the age when the human experience is enshrouded and infused with technology, it forces one to think about how Artificial Intelligence (AI) can impact human behavior or consumer behavior, in the case of businesses. Today, companies are using chatbots to engage customers and retain them with better customer satisfaction. Chatbots are tools to simplify the interaction between a human and computer in natura...
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Mirage of End-of-Season Sale

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It's a Happy New Year! With the beginning of the new year, this is also the time for end-of-season sales. Like every year, you will get to see those big numbers go up on the display with a red background. Yay! It's SALE time.😍 I bet most of you must be waiting for this time. Well, why wouldn't you? It's the time of year when many people go on their long-postponed shopping spree. This is the time when big brands are putting up their merchandise at lower prices and who doesn't like a good bargain? Recently, I went up to my nearby mall to look at the glittering lights set up as part of the new year decoration. After savoring the moment, I went inside to look around and yes, these end-of-season discount posters were everywhere I looked at. What better time to have a huge footfall when the discount season is up and coincidently colliding with festive time? Is that really a coincident? Take a look at the stores like Shopper Stop, Pantaloons or Lifestyle near ...
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Are you being lead around by your nose?

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                                                           Oh man... I am craving something spicy. Let's order Biryani! I bet you would have done something like this on occasion and went on to Swiggy or Zomato instantly to browse through restaurants. A few days back, I was craving for pizza late at night. For a city like Mumbai, there are few restaurants which make really good pizza and are open till late night. Voila, here I am eating hot oozy cheesy pizza at 12 in the night comfortably at my home. These food ordering companies have made it so convenient to order food to my liking at any time I want. It's early morning and you do not want to go out or make breakfast yourself! Well good for y...
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Hooked! For Better or Worse?

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                                                                   P.C. businesstoday.in PlayerUnknown's Battlegrounds or better known to us as PUBG, was launched early in March 2017 which was designed for XBOX and PC initially. The gamers started to get hooked early on. But the fandom and hype soared to its peak when the company launched its mobile friendly version, PUBG Mobile. As per Statista, the peak number of players reached 3.24 million by February 2018. I think with its popularity, no one needs an introduction to the game regardless of the age and gender of people. However, for a company with no money to spend on advertising, we have to acknowledge they...
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