Business Articles

Gender Bias in International Business

The gender bias toward women managers that exists in many countries creates hesitancy among U.S. multinational companies to offer women international assignments. Questions such as, Are there opportunities for women in international business? And should women represent U.S. firms abroad? Frequently arise as U.S. companies become more international. As women move up in domestic management ranks and seek career related international assignments, companies need to examine their positions on women managers in international business.

In many cultures-Asian, Arab, Latin American, and even some European women are not typically found in upper levels of management. Traditional roles in male-dominated societies often are translated into minimal business opportunities for women.… Read the rest

Abey Francis

Major Challenges Faced by Today’s Managers

Business environment is changing drastically in today’s corporate world. In early years of current management era manager were suppose to work exclusively with equipment’s, data and systems; performing traditional tasks. But scenario of management responsibilities has been changed significantly and today’s manger faces issues like cross training, personnel management, interdepartmental communication and widening job scope. Globalization is shaping and re-shaping business environment, resulting in increase of competitors, demand of new sourcing strategies and facing new markets with new demands.

Irregular flow of information often subject to quantitatively strong fluctuations, controlling the flow of information is necessary otherwise these fluctuations can become detrimental.… Read the rest

Abey Francis

Challenges Faced by the Indian Outsourcing Industry

Though Indian outsourcing industry boast of a large pool of talent, low labor costs, excellent telecommunication infrastructure, a relatively mature domestic IT industry, an active industry association, quality certifications unmatched in the world and more, but it faces massive challenges which need to be overcome. The major challenges being faced by the outsourcing industry in India can be classified into internal and external challenges. The internal challenges include shortage of competent managers for the middle and senior management and the high attrition rates. The external challenge is in the form of opposition from the US politicians and the UK labor unions against shifting of the operations by local companies to India.… Read the rest

Abey Francis

Changing Face of Outsourcing Industry in India

Starting in the mid 1980’s, the ways of doing business changed forever. The business world was for the first time introduced to the concept of ‘outsourcing’ whatever it thought was not core to profit making. Slowly, through the subsequent decades, we have learnt how to make a sharp demarcation between what makes profits for the business and what is simply undifferentiated cost.

As time passed, most businesses came to understand that non-core activities i.e. those things that were not important to the money making machinery in a business could be given to someone else to do. It was a smart thing to do.… Read the rest

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Positive and Negative Effects of Debt

Debt can be viewed as good and sometimes also can bad too. Debt makes people and organizations that they would not allowed to do. All this while, people use it to purchase houses, cars, and others things with their cash on hand. With the debt, they can spend as much as they want on expensive things.

Besides, for those companies also use the debt as to influence the investment made in their assets. This influence of debt is considered as an important part in determining the riskiness of the investment. As we know that, the more the debt per equity, the more risky we will face.… Read the rest

Abey Francis

Indian Ethos For Modern Management

Indian ethos for management means the application of principles of management as revealed in our ancient wisdom brought forth in our sacred books like our Gita, Upanishads, Bible and Quran.

There are 6 basic principles, which come to light in the holy books applicable in today’s management world. They are :

  1. Each soul is a potential God
  2. Holistic approach
  3. Equal importance to Subjectivity/Objectivity
  4. Karma yoga
  5. Yogah Karmasu Kaushalam
  6. Co-operation
1. Each Soul is a potential God

A human being has a soul, a spark of the Divine. The divine resides in the heart of a person. The Divine means perfection in knowledge, wisdom and power.… Read the rest

Abey Francis