MANAGERIAL ROLES
National Housing Bank Recruitment 2024: NHB invites applications for managerial positions. Here are the details
NHB Recruitment (Google Trends): The National Housing Bank (NHB) has announced NHB Recruitment 2024, offering 48 vacancies across various roles including General Manager and Chief Economist. Applications start on 29 June 2024, closing on 19 July 2024. This recruitment drive aims to strengthen the housing finance sector workforce. For details, visit www.nhb.org.in.
Green careers: How institutions are gearing up to fulfil the demand for roles in sustainability
Colleges offer green courses for sustainability roles. Wise choices lead to successful green careers. Courses assist in CSR, innovation, challenges, curriculum design, student engagement, and awareness creation for a brighter future.
Percentage of women in senior leadership roles increases to 18% in 2023 from 16% in 2016: Report
The report by LinkedIn and The Quantum Hub highlights that while there has been an increase in women joining the workforce, leadership positions still lack gender parity. The representation of women across the workforce rose to 26.8% in 2024, but senior leadership roles only account for 18.3%, showing a decline from the previous year. Industries like education and government administration have higher female leadership representation, while sectors like construction and utilities lag behind.
Company boards are getting younger, but balancing vitality with expertise is key to success
Organisational leadership is evolving with younger individuals joining company boards in the dynamic startup landscape. While they bring fresh perspectives and innovation, challenges arise from limited experience in governance. Diverse boards with a mix of young and experienced members are crucial for informed and adaptable strategies for long-term success.
For India to shine, more and more girls must take up STEM: Isha Ambani
Isha Ambani advocates for increased female participation in STEM and technology careers, highlighting the need to bridge the gender gap and support women in leadership roles for India's technological advancement.
Boom in semiconductor industry drives demand for tech roles
The semiconductor industry in our country is experiencing rapid growth fueled by high demand and enabling government policies. Industry experts note a significant surge in demand for semiconductor professionals, with a conservative estimate suggesting a compound annual growth rate of around 100% in open positions over the last three years.
More and more Indian companies ramp up background checks on C-suite
Indian companies discreetly monitor CEOs and key personnel through ongoing background screening, focusing on governance, fraud risk, legal liabilities, and regulatory compliance, with costs ranging from ₹1.5-7 lakh.
Pharma, financial services lead in female KMP representation
While female KMPs in the financial services sector were all professional leaders, in pharma, they were promoters, according to data from FY23 collated for ET by executive search firm EMA Partners India.However, Indian companies continue to struggle to have a better gender balance when it comes to KMPs. According to the Companies Act, KMPs are the CEOs or managing directors, chief financial officers, company secretaries and wholetime directors.
Firefighters, deep-sea divers & such: It’s a woman thing
Tata Steel's initiative to hire women firefighters for diversity echoes a broader trend in heavy engineering firms in India. Companies like Hindustan Zinc are increasing women representation in mining operations, aiming for gender diversity.
Vinod Francis appointed as Chief Financial Officer of South Indian Bank
It said Chithra H, the current CFO and Senior General Manager, will transition to the role of Chief Compliance Officer (CCO) as per regulatory directives issued by the Reserve Bank of India (RBI).
How to decline a promotion without burning bridges
Declining a promotion can be a strategic decision based on personal commitments, lack of preparedness, or a preference for hands-on roles. Professionals risk missed opportunities and strained relationships but can respectfully decline by expressing gratitude, providing transparent reasons, and remaining dedicated to their current role. Communication is key to preserving positive rapport and future opportunities.
There are more women in leadership roles now, but challenges & biases still remain
Despite progress, gender diversity challenges persist in corporate India. Initiatives like gender-neutral job descriptions and mixed-gender interview panels aim to reduce bias in hiring processes, supporting women's career advancement and retention.
ETPWLA 2024: The inaugural summit resonates with the ‘Include, Invest, Inspire’ theme for fostering funding, mentorship, and advocacy for women in leadership roles
Here are the key takeaways from the ETPrime Women Leadership Awards (ETPWLA) 2024 virtual launch summit, streamed LIVE on EconomicTimes.com from 11:00 am on March 7, 2024, where industry experts, trailblazing women leaders, and exceptional role models for women joined conversations addressing structural barriers, ingrained biases, and a lack of funding, mentoring, and trust in women’s capabilities to analyse diversity and inclusion ground up.
Women in managerial and decision-making roles decline in India
Women's workforce representation in managerial roles in India has declined, while globally it has increased slightly. Grant Thornton Bharat emphasizes the need for actionable steps and a people-first culture to increase women's representation. DE&I strategies and leadership play crucial roles, along with flexible work practices.
Kotak rebuilds top leadership
Milind Nagnur will be elevated to chief operating officer starting April 1, 2024. He will continue to be the bank's chief technology officer and take additional responsibility for bank operations, group technology architecture and cyber security functions. "In his new role, he will be responsible for building the critical enablers that will fuel our aspirations for scale," the bank said.
Why delegation can help a leader grow and ensure development of organisation
Leadership skills, including delegation, are crucial for enabling growth at individual, team, and organizational levels. Delegation not only allows for higher responsibilities and personal growth but also encourages innovation and prevents monotony. Effective delegation involves understanding team members, providing necessary resources, and maintaining open communication.
Celebrating leadership: Recognising managerial excellence
The eighth edition of the Great Manager Awards 2023 honoured and celebrated outstanding individuals and companies for their exceptional contributions to effective management
Citigroup cuts over 300 senior managerial roles
The company started announcing the cuts - which affect those staffers two levels below Fraser's executive management team - on Monday, according to a person familiar with the matter. They amount to roughly 10% of the workers at that level, according to the person, who asked not to be identified discussing personnel information.
Feedback is a thing of past, feedforward to now lead employees and organisations
Elaborating on the reason for the widespread adoption of this management method, Lokesh Nigam, Co-founder and Director of Kognoz, a technology-driven people consulting company, says that managers prefer feedforward to feedback because it is more future-oriented, solution-focused and collaborative. In his opinion, feedforward encourages open communication and continual learning and development by providing positive suggestions for potential actions.
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