Air India lowered the base-performance levels in order to pay productivity-linked incentives to staffers, says Shyamal Majumdar.
The Tamil Nadu-born Sivanandan taught economics for three years and shot to fame -- almost literally -- during his momentous tenure as head of the Mumbai Crime Branch during the late nineties. During his two-year stint as joint commissioner (crime), over 250 members of the Dawood Ibrahim and Chhota Rajan gangs were shot dead in police encounters.
Full recovery may still be a good way off, but the job market is showing clear signs of improvement.
Nirmal Kotecha is a self-confessed admirer of Harshad Mehta and a faithful follower of his technique.
In an interview with Business Standard's Shyamal Majumdar and Sidhartha, Kochhar says she is going to focus on the immediate challenge of correcting the cost structure of the country's second largest bank.
Sebi's chief finds himself helpless as the stock market regulator goes after his former organisation, but doesn't lose his essential optimism and can-do spirit.
Satyam's revenue per employee is low, but manpower rationalisation can solve only part of the problem, says Shyamal Majumdar.
Despite what the Nano can do to the country's automobile market, its ability to transform Tata Motors' financials will be limited, says Shyamal Majumdar.
India Inc is paying the price for not noticing the slow change in the economic climate - just like the frog that boiled over.
Will your employees go to any length to help your business achieve its goals, asks Shyamal Majumdar?
If performance-linked pay structures are not thought through carefully, they can backfire quite quickly, says Shyamal Majumdar.
While outplacement is a relatively new concept in India, it helps boost morale at the time of layoffs.
Can an independent director face criminal charges for the actions of a company well after he has quit?
The fact that Satyam's reputed auditors kept quiet while it cooked its books is reminiscent of the Enron-Andersen days.
Most independent directors have mastered the art of nodding whenever the chairman says anything.
BPOs can transform the face of rural India if they can retain even a small proportion of educated youth in villages.
FMCG firm Marico's success lies in its ability to pick its fights, exiting areas where MNC competition is high and concentrating on creating niche segments instead.
CEOs must answer this question from employees if change initiatives have to be successful.
Companies are developing a surrogate education system to create a skilled labour pool.
Future Group Chairman Kishore Biyani says he takes immense pride in the fact that he is a miser. As a slowdown towers over the economic landscape, Biyani says the biggest worry for retailers these days is the increasing cost of doing business, and passing on the costs to your customers is no longer a feasible solution. Biyani's company has distributed thousands of T-shirts among his employees with the inscription: Garv se kaho ham kanjoos hai (Say with pride that you are a mi
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