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World of Work

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Breaking Gender Stereotypes in Work Profiles

World of Work IEF Editorial Team India Employer Forum September 3, 2024
Gender stereotypes have long dictated the roles and professions suitable for men and women, leading to a skewed workforce and limiting potential. However, a shift is happening, and organisations recognise the value of inclusivity and diversity. Exploring the importance of breaking gender stereotypes in work profiles reveals significant benefits for both businesses and society. Gender […]
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Harnessing Economic Complexity: India’s Path to a $10 Trillion Economy by 2030

World of Work IEF Editorial Team India Employer Forum August 23, 2024
India’s journey towards economic growth hinges on embracing economic complexity rather than just focusing on manufacturing exports. According to Harvard Professor Ricardo Hausmann, economic complexity is the most reliable predictor of long-term, scalable prosperity. India already possesses a diverse and complex economy, producing a wide range of goods and services. Although challenges remain in scaling […]
employee-retention-strategies-india-employer-forum

Employee Retention Strategies: Tailored Rewards, Lasting Impact

World of Work IEF Editorial Team India Employer Forum August 20, 2024
Employee attrition remains a significant challenge for organisations across industries. The cost of replacing an employee can be substantial, considering the expenses associated with recruiting, onboarding, and training new hires. More importantly, high turnover rates can disrupt workplace dynamics, lower morale, and reduce overall productivity. To combat these issues, companies must focus on robust employee […]
leadership-development

Leadership Development: Cultivating the Next Generation of Leaders

World of Work IEF Editorial Team India Employer Forum August 8, 2024
With things changing in the world of work rapidly, the need for robust leadership development programs is more critical than ever. Organisations must focus on cultivating the next generation of leaders to ensure sustained growth and competitive advantage. The imperative for leadership development Leadership development is no longer a luxury but a necessity for organisations […]
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Union Budget 2024-25: Transforming India’s Economic Landscape

World of Work IEF Editorial Team India Employer Forum July 30, 2024
The Union Budget for 2024-25, presented by Finance Minister Nirmala Sitharaman, is a strategic blueprint aimed at steering India towards “Viksit Bharat” (Developed India). The budget’s comprehensive approach spans crucial sectors such as agriculture, employment, skilling, MSMEs, infrastructure, and social justice, reflecting the government’s commitment to inclusive growth and sustainable development. Here is a detailed […]
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Transforming Employee Value Proposition: Strengthening Work Culture

World of Work IEF Editorial Team India Employer Forum July 22, 2024
Attracting and retaining top talent requires more than just offering a good salary. Modern employees seek a workplace that resonates with their values, supports their growth, and fosters a positive environment. To achieve this, companies need to continuously evolve their Employee Value Proposition (EVP) and work culture. Let’s explore how organisations can reinvent their EVP […]
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Revitalising India’s Economy: Key Strategies for Sustainable Growth and Productivity

World of Work IEF Editorial Team India Employer Forum July 19, 2024
India’s political narratives have thrived and it has consolidated its position as the largest democracy in the world. However, our economic strategies have failed by seeking to address the symptoms of poverty rather than its root cause: low productivity. This failure stems from a mistrust of decentralisation (believing strong states weaken the nation), disregard for […]

Balancing Alpha and Beta: Navigating Luck and Skill in India’s Booming Economy

World of Work IEF Editorial Team India Employer Forum July 17, 2024
In the world of business, it’s crucial to differentiate between luck and skill. Currently, many entrepreneurs, investors, and policymakers seem to be confusing these two critical factors. There are two types of market returns in corporate finance: those arising from skill (alpha) and those resulting from overall market trends (beta). A key lesson in business […]

Why Work Experience is Key to Maximising Your MBA

World of Work IEF Editorial Team India Employer Forum July 16, 2024
Embarking on an MBA journey without prior work experience can be likened to trying to learn music without listening to a live performance. Consider the scenario of a young individual facing the crossroads of career decisions. Should they take a year off to develop specific skills? Should they secure a job to gain work experience […]

Addressing Wage Disparities to Boost Private Job Creation in India

World of Work IEF Editorial Team India Employer Forum July 13, 2024
In India, two events consistently spark intense media coverage about jobs: the release of government recruitment application numbers and slight changes in the official unemployment rate. Both miss the core issue: India faces a wages problem, not a jobs problem. With an official unemployment rate of 5%, anyone who wants a job can find one, […]

How AI Can Make Us Better Leaders

World of Work IEF Editorial Team India Employer Forum June 29, 2024
In the face of unprecedented technological advancements, the role of leadership is undergoing a profound transformation. Today’s leaders are not just navigating traditional management challenges but are also steering their organizations through the complexities of a digital era. Artificial Intelligence (AI) is at the heart of this evolution, offering leaders unprecedented tools to elevate their […]

Revamping India’s Labour Laws for Job Growth and Formal Employment

World of Work IEF Editorial Team India Employer Forum June 26, 2024
India’s labour laws, largely relics of a bygone era, need significant reforms to foster job creation and enhance formal employment. These laws, written for a vastly different economic landscape, fail to align with the modern workforce’s needs. They assume lifetime employment, overlook the cost-to-company concept, and assume benefits are additional to salaries. Moreover, these laws […]
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