Category: Management

In today’s environment, MSMEs are facing a number of challenges, including tax reform and global solidarity in fighting various business issues. While this may not be enough, there are measures that can help these businesses weather the storm. These measures can provide much-needed financial support to the MSMEs. The financial aid for these businesses will go a long way in preventing job losses and boosting business survival. Many of the issues that MSMEs face are based on their size and nature. The external environment is murky, and one-fourth to one-fifth…

Even after strongly steering across the professional journey, MSMEs still face multiple challenges. The economic climate in India is still sluggish, and the government’s policies are not enabling them to compete successfully in the global market. Among these challenges are the lack of finance, poor access to credit, and inefficient distribution of tasks. As a result, most of the MSMEs are operating in the informal sector, where financial documents are not always available. Challenges for MSMEs are truly real. Let’s enlist them one by one and discuss the ways to…

The world has been facing a challenging time. We adapted, survived, and thrived during the Covid 19 Pandemic. Here comes the important part, do we continue from where we left off or is it a new beginning? Perhaps the crisis regarding the global social, economic, and health concerns will change everything and develop a “new normal.” The global pandemic paved the way to redefined business strategies, performance, and success. It’s leading to a new reality where digitization is a significant concept and businesses are evaluating and learning new ways of…

The detection of the newest Covid19 variant called Omicron has confirmed the fact that businesses are operating in a time of profound uncertainty and these uncertainties are here to stay for as far as the eye can see. The question that takes centre stage in all this is- how do businesses equip their organisation with the necessary skills and resources to prepare for the next normal? Before answering that question it is important to know what the new normal is. It refers to the changing environment and conditions that people…