Social loafers and free-riders can kill overall productivity.
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Disclaimer: I have not been hired by any coffee brand to extol the virtues of the beverage or of cafés—I'm only writing about what I observe and experience! It's so true that a lot can tr...
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Temperatures heading north due to climate change is hurting workplace productivity in India, shaving off at least 3% from the country's gross domestic product.
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I started telling myself that I could not do it. The end result was a loss of confidence and tasks left unattempted - things that failed before even starting. It made matters worse, because truth be told, even if you fail, just the effort of trying to make your dreams come true makes you more confident and more poised toward succeeding the next time you try. But sadly, self-sabotage is the destroyer of many dreams.
Gartner, the IT consulting major, said at a recent conference that a digital disruption to business is occurring approximately every three years. Current discussions at the World Economic Forum on the 4th Industrial Revolution also speak on similar lines. However, this article is not about digitisation, per se. Rather, it is on how I believe these factors may change the way we look at, and measure, our businesses, whether as an owner or as an employee.
Although numerous efforts have been made by the government to boost innovation and entrepreneurship in India, there is a lack of institutional framework for the effective implementation of such reforms. According to the World Bank, India ranks 158th on "ease of starting a business" out of 189 economies. These rankings are very discouraging and mean that many bright ideas don't see the light of day.
One person dies from tuberculosis every minute in India. Millions of children die every year because of inadequate access to food and preventable illnesses like diarrhoea and pneumonia. India is the diabetes capital of the world and the third most obese country. Due to mental health conditions like depression, India's suicide rate in the 15-29 age group is the highest in the world. The Infant Mortality Rate in India is 40 which compares poorly with its neighbours including Bangladesh, Nepal and Sri Lanka.