Day: 8 April 2021

Small to BIG – Challenges of Growth in the Franchising Sector

Chackochen Mathai

This article is written from a practical point of view from close quarters seeing many franchising companies which grew from small to Big and how some of them crashed and some of them thrived even in this pandemic and how mind sets of organisations need to change from time to time based on the technological changes and advancement and how these technologies can help garner great growth and penetration with out much human intervention and still remain process driven which will help companies to grow their business from small to…

Transitioning the Family Business from one generation to another

Dr N. Krishnan

Family businesses are not only “the backbone of the Indian economy,” but also tend to perform better than nonfamily companies during economic crises. But what happens when the founders decide to retire and hand over the reins to a new generation? For many family businesses, that involves one of the most complex processes and generates the most challenges. The following are the eight most important aspects in the generational transition of a family business, according to several experts. 1. Business plan The transition from one generation to the next must…

5 Brands that have taken employee engagement to the next level in 2021

Small Enterprise India

Over the last few years, there has been a tectonic shift in the way HR as a department function. Cutting-edge technologies have made their way into the department to offer automated solutions, which have brought about increased efficiency in operations. At the same time, there is a growing need to address and deploy solutions for increased employee engagement. Being the heart of an organizations’ operations, having employees who are made to feel valued and nurtured, can make all the difference to the former’s position in the market. Startups, in particular,…