Succession planning, including CEO succession plans and leadership pipelines, is crucial for company stability and success. Companies with robust succession plans outperform peers by 20% in revenue growth. Neglecting leadership pipelines can cost companies nearly $1 trillion annually, emphasizing the importance of effective planning.
The Indian healthcare sector is booming, becoming an economic backbone with opportunities in healthtech and insurtech. High-end technology has opened doors for new careers, emphasizing the importance of specific skills for success in the evolving industry.
Professionals need SEO skills to drive organic traffic and improve website visibility. Employers value fresh talent with SEO expertise for innovative ideas, cost-effective strategies, and enhancing online presence.
Former Google MD Parminder Singh, now COO of Tatler Asia, warns against misrepresenting academic credentials after encountering a job candidate claiming 'Harvard alum' status with only a short-term course. Singh stresses the distinction between short courses and degree programs, emphasizing integrity in job applications. His insights sparked discussions online, highlighting the importance of honesty in professional profiles.
The Gallup 2024 State of the Global Workplace report reveals that only 14% of Indian employees feel they are "thriving," while 86% are "struggling" or "suffering." South Asia shows similar trends, with low levels of thriving. Despite high daily anger rates, India boasts a 32% employee engagement rate, surpassing the global average of 23%.
Succession planning, including CEO succession plans and leadership pipelines, is crucial for company stability and success. Companies with robust succession plans outperform peers by 20% in revenue growth. Neglecting leadership pipelines can cost companies nearly $1 trillion annually, emphasizing the importance of effective planning.
Titan MD CK Venkataraman, who has been MD of Titan and Tanishq for four years, shares his experience in balancing the interests of various stakeholders, securing employee buy-in, and life after Titan. He explains that most decisions are about optimising stakeholder interest, but dealing with strong personalities with contrasting views is crucial.
The changing work culture is causing a gap between employer and employee expectations in hiring and retention. Companies struggle with mismatched salary expectations, required skills, and cultural fit issues. Nonprofits and FMCG companies face the most challenges. Many employees in India and Asia Pacific prioritize flexibility and career progression. Ageism is evident, especially in sectors like Insurance.
Top obstacles include lack of time due to family responsibilities, work schedules, feeling overwhelmed by amount of learning resources available, shows LinkedIn research
Himachal Pradesh CM Sukhvinder Singh Sukhu approved one-year age limit relaxation for 1226 Constable recruitment. State Cabinet meeting chaired by Sukhu granted the relaxation.
Haryana Chief Minister Nayab Singh Saini announced that his government will begin the recruitment process to fill 50,000 vacant posts in the state, as part of its efforts to provide employment opportunities and support youth aspirations. He stressed the continuation of the "transparent" recruitment system for government jobs and praised the youth's faith in the government's functioning
The Ministry of Education canceled the UGC-NET exam conducted by the NTA due to integrity concerns, leading to a CBI investigation. The decision coincides with NEET controversies. The UGC-NET, assessing eligibility for research fellowships and PhD admissions, faced changes and cancellation after potential breaches. Many candidates raised questions of potential violation of admit card protocol after the exams.
Government concerns over lapses in NTA's conduct of NEET 2024, including grace marks awarded to students and alleged exam paper leak.
