With all the dailies & business newspapers/magazines carrying tales of Pink Slips; economy; recession etc… a friend shared a retrenchment letter in a lighter vein….that pushed the blues away for a while:

Dear staff,

Due to the current financial situation caused by the slowdown of economy in US since last Christmas, Management has decided to implement a scheme to put workers of 40 years of age on early retirement. This scheme will be known as RAPE (Retire Aged People Early). Persons selected to be RAPEd can apply to management to be eligible for the SHAFT scheme (Special Help After Forced Termination). Persons who have been RAPEd and SHAFTed will be reviewed under the SCREW scheme (Scheme Covering Retired Early Workers). A person may be RAPEd once, SHAFTed twice and SCREWed as many times as Management deems appropriate. Read the rest of this entry »

2008 is going to present an Exciting, Challenging & sometimes Frustrating market conditions. In many cases all three situations will be present at once. Such business environment demands the best from Professionals.

To succeed in such exciting times, lets see what skills do a manager needs to refine. The following skills listing are not in any particular sequence of importance. Some of you may find the last one to be of top priority, while for others this may be just the right sequence! I leave it to your judgment.

1: Hiring (& keeping) the best.
As products (& or services) become similar, its the people who will make the difference. Read the rest of this entry »

HR translates into Human Resources, but for the Jewellery Industry that requires & provides employment to thousands, it is not a high priority. Read the rest of this entry »

1. First Fix the Internal Compensation
2. Then make it externally competitive Read the rest of this entry »