The 2026 Hero Indian Open in Gurugram will feature PGA Tour star Akshay Bhatia and a record prize purse of USD 2.55 million.
According to Korn Ferry Global Salary Forecast, India's salary growth for 2020 stood at 9.2 per cent. down from 10 per cent last year, while real-wage after adjusting inflation may remain constant at 5 per cent in 2020.
Stuck at his parents place in Hyderabad without his golf clubs, India's Anirban Lahiri heaved a sigh of relief after getting the good news that his playing status on the elite PGA Tour has been guaranteed for not only the remainder of the year but also for the 2020-21 season.
In comes recruitment process outsourcing, or RPO. Shambhavi Chauhan spoke with Robert McNabb, executive vice-president, Korn/Ferry International, and CEO, Futurestep (an RPO firm under Korn/Ferry), on the changing HR scenario. Edited excerpts:
No Indian firm could make the cut.
The Tata group has begun its second innings with Air India from a war zone. Being first up in Operation Ganga to evacuate Indian nationals from Ukraine, the salt-to-software conglomerate has faced a real war. But the fire-fighting that the group experienced in appointing a chief executive officer (CEO) for the airline that it acquired from the government in a Rs 18,000-crore deal recently may have felt no less.
To focus on leadership grooming, corporate governance and brand repositioning
The bank has hired US-based advisory firm Korn Ferry to help with the selection process.
IT executives who have the best relationships with employees and business partner make the best CIOs.
The Indian Film Festival of Los Angeles has become a portal for the Indian film business in a post-Slumdog world.
The challenging economic conditions are taking a toll on employees, as nearly half of the executives around the world are dissatisfied with their jobs, and do not trust their leaders, a survey says.
Women have played vital roles to make the media and entertainment industry a great success.
Marking a significant improvement in their attitudes, a higher percentage of global executives feel the economy is recovering and 71 per cent think the stock market will continue to improve in the second half of 2009.
In a contrast to the gloomy sentiment in the US, Indian executives have higher morale and are more satisfied with their current positions, a survey has said.
Enthused by the stock market rally, an increasing number of Indian executives believe the economy is on a recovery path, although a majority still feel that the worst is not over, a survey says.
About one-third of executives have expressed concern over the compensation for their respective CEOs, reveals a new survey. 34 per cent of executives surveyed expressed at least some concern regarding the salary for the CEOs. The executives surveyed are registered within the firm's online executive centre, ekornferry.com. Moreover, four out of five executives (80 per cent) indicated that shareholders should have at least some say on pay of their company's executives.
Korn/Ferry is a global leader in executive search. For the quarter ended July 2009, its fee income fell over 40 per cent to $116 million from a year ago and the company reported a net loss of $14.3 million as against a profit of $15.3 million in the year-ago quarter. Its chief financial officer, Michael A Digregorio and managing director for India, Deepak Gupta, spoke to Bhupesh Bhandari and Amit Ranjan Rai on the emerging opportunities and challenges.
Globally, most headhunters are down 40-50 per cent in revenue. But India, it seems, is ahead of the curve.
Americans are ahead at developing world-class teams.
The number of women found in highest-paying industries is lacking.
Indian wage growth was by far the most unequal.
India's Anirban Lahiri has struggled with his game over the past 18 months on the PGA Tour and the 32-year-old says golf's shutdown due to the coronavirus pandemic has given him the opportunity to reset. Lahiri finished 178th on the FedExCup points list at the end of last season and needed to regain his Tour card through the Korn Ferry Tour Finals, which serves as an avenue to earn membership of the lucrative US based circuit.
The role of AI spans coaching, performance, learning, engagement and career growth.
US workers were on course for a 3.0% increase in wages at the start of 2016
When it comes to key hands-on management positions, India Inc is still largely run by men.
The bank was worth over Rs 80,000 crore as recently as September 2017. The lender had grown at breakneck speed, helped perhaps by Rana Kapoor's reputation as a banker, willing to aggressively write checks.
There is a dearth of talent in the Indian banking industry. A testimony to this is the two new CEOs in the private sector -- Sandeep Bakhshi in ICICI Bank Ltd and Amitabh Chaudhry in AXIS Bank Ltd -- have come from the insurance sector, says Tamal Bandyopadhyay.
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