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World of Work

economic-development-in-india

Propel Economic Growth and Development in India: Shift from Low to High Productivity

World of Work IEF Editorial Team India Employer Forum December 27, 2024
The key to economic development lies in shifting the occupational structure of the labour force away from low-productivity activities towards high-productivity ones.” – W. Arthur Lewis India stands at a critical juncture in its journey toward economic development. The nation’s vast workforce, predominantly engaged in low-wage agricultural jobs, must transition to high-paying, high-productivity sectors to […]
ai-in-retail-industry

AI and ML: Revolutionizing the Traditional Retail Industry

World of Work IEF Editorial Team India Employer Forum December 18, 2024
The rapidly evolving preferences and customer behaviours demand companies stay updated and adapt to the needs of the marketplace. AI utilization in retail is emerging as a turning point in helping to manage multiple functions and achieve the desired outcomes. Organizations can now foresee consumer demand with advanced analytics and predictive modelling capabilities of artificial […]
work-and-life-balance

Enhancing Employee-Well being: New Strategies to Achieving Work and life Balance in 2025

World of Work IEF Editorial Team India Employer Forum December 17, 2024
A Delhi-based Entrepreneur, Kushal Arora’s recent post on the need for sleepless nights and personal sacrifices to achieve an annual income of $500,000 defining success, sparked controversies on social media. Similarly, Infosys co-founder, Mr Narayana Murthy’s appeal to youngsters to work 70 hours a week in a bid to enhance productivity became the cause of much […]
changing-employment-landscape-in-india

The Changing Employment Landscape In India: Essential Tips for the Youth

World of Work IEF Editorial Team India Employer Forum December 16, 2024
 As Albert Einstein once said, “The measure of intelligence is the ability to change.” This thought resonates strongly with employers today. While educational qualifications may make an impression during the initial five minutes of an interview or during the first two years of employment, the modern workplace demands much more than academic credentials. Securing a […]
technology-at-work

Rising Technologies: Reimagine the World Of Work

World of Work IEF Editorial Team India Employer Forum December 6, 2024
Understanding the Technological transformations in the world of work to develop skills for future jobs The technological developments of recent years are taking the world by storm and reshaping the world of work. The adoption of generative AI, machine learning, and neural networks have proven their mettle in the ability to boost productivity and drive […]
labour-market-trends-in-india

Evolving Labour Market Trends in India: Insights for 2024 and Beyond

World of Work IEF Editorial Team India Employer Forum December 4, 2024
The shift from traditional lifetime employment contracts to more transient, flexible relationships, likened to a “taxicab relationship” has significant implications for India’s labour market. This transition signals a pivotal opportunity to address the critical issues of job creation, workforce formalisation, and the development of a skill-driven economy for all the different stakeholders—students, employees, employers, and […]
ai-and-automation-changing-the-job-market

How AI and Automation Are Changing the Job Market (and How to Adapt)

World of Work IEF Editorial Team India Employer Forum December 3, 2024
As we stand at the crossroads of an unprecedented technological revolution, AI and automation are superseding as drivers of the dynamically changing job market. They have brought transformative opportunities that call for innovation and efficiency but raise challenges that are too critical to overlook. To those in human resources with vast experience spanning decades in […]
ai-monitoring

AI and Employee Surveillance: The Impact of AI Monitoring on Autonomy and Decision-Making

World of Work IEF Editorial Team India Employer Forum November 26, 2024
It’s time to face it: the impact of Artificial intelligence (AI) has two sides. Under the attractive promise of an alternative to current modes of operation, transformation of the nature of work in professional sectors, and increased efficiency with convenience across jobs, AI monitoring has arrived with a very tangible expectation of its transformative powers […]
economic-transformation-india

India’s Economic Transformation: A Path Toward Prosperity

World of Work IEF Editorial Team India Employer Forum November 21, 2024
Over the past half-century, economists have found India’s and China’s economic trajectories particularly compelling. While China’s authoritarian approach has driven substantial wage growth, it has offered modest returns for shareholders (with public market returns decreasing by 13% over the past two decades). In contrast, India, a democracy, has achieved remarkable public market returns (around 1,300% […]
employment-laws

Karnataka Must Embrace Decriminalisation in State Employment Laws

World of Work IEF Editorial Team India Employer Forum November 20, 2024
Reducing Criminal Provisions in State Employment Laws will further fuel the economic engine by enhancing Job Creation Karnataka’s current progress in creating high-wage jobs compared to other states is deeply rooted in historical investments in human capital, supported by the collective vision of C.V. Raman, Visvesvaraya, Jamsetji Tata, Mirza Ismail, Madhav Rao, and chief ministers […]
organisational-change-in-india

Organizational Change in India: Adapting to Macroeconomic Shifts

World of Work IEF Editorial Team India Employer Forum November 19, 2024
In today’s rapidly evolving business landscape, organizational change in India has become essential for companies aiming to stay competitive and resilient. Major macroeconomic changes like technological advancements, economic shifts, and crises such as the COVID-19 pandemic have transformed how businesses operate. For Indian organizations, these changes demand innovative strategies to manage both internal and external […]
lean-management-principles

Efficiency Unleashed: Lean Management Principles Can Drive Business Growth 

World of Work IEF Editorial Team India Employer Forum November 15, 2024
Lean management has become a transformative strategy for organizations seeking efficiency and enhanced customer satisfaction. This methodology, widely adopted across various sectors, particularly in service industries like finance and healthcare, helps businesses reduce waste and improve productivity. A standout example is Axis Bank, whose “Shikhar” transformation initiative successfully reduced customer wait times for loans by […]
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