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Gauri Harbola

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Theoretically, the concept of management or organisation is vast, but practically speaking, it only requires a few skills to tackle any operational tasks at your job. Managing refers to planning, designing, coordinating, and leading to achieve the predetermined goals of the organisation. But all these things work upon a settled line of speculative principles. The management principles are a piece of practical situations and methods quoted hypothetically to give a managerial direction to your ideologies. Henry Fayol tailored these management principles. These principles are corrective measures to the managerial problems you face, and Henry Fayol has divided them into 14 easy-to-understand statements for your general understanding. 14 Managerial Principles 1. Division of Work  Multitasking helps you get better at what you do efficiently; you can easily master your skills in time management and productivity by multitasking. Division of work includes assigning a task to your employees to test their strengths.…

Professional networking is essential for job advancement as well as professional growth. When people hear the word networking, they think of cheesy gatherings, discomfort, and the idea of selling yourself. Despite its negative associations, networking is about developing long-term relationships and a positive reputation over time. It means connecting with people who can help you both individually and professionally. Business networking is built on a foundation of support and trust, and it may make the minimal difference between a fantastic and a medium career. Networking can help you find new ways to advance your career. Attending gatherings with professionals in your sector or industry may help you get a job referral or improve your abilities. In this blog, we will explore various benefits of networking and top tips to network effectively. Networking: First Step To Professional Growth Networking is an important component of business and professional development. It is the…

Artificial intelligence is becoming increasingly popular everywhere we look. Modern technology’s advancements, the widespread use of smartphones as mini computers, and the capacity to analyze massive volumes of data generated by the continuous information flow clearly demonstrate how ubiquitous AI is in our daily lives. Whether we recognize the impact of AI or are still unaware, we have all experienced its influence in our lives. For example, a simple google search leads to similar ads popping up the next time we open a webpage. The information thus obtained becomes an actionable insight with the use of artificial intelligence. This demonstrates the mighty influence and applicability that AI can have on various businesses. Many sectors have embraced AI in business and seen the sizeable growth and unique opportunities it brings. A prominent example of AI can be witnessed in the lending landscape, how app-based loan applications and algo-based approvals have done…

A Financial analyst does financial planning for an entity so the organisation can make critical financial decisions. First, he needs to collect all the past and current financial records and then sort them in a spreadsheet like Excel. After sorting, he has to analyse or forecast the company’s future and prepare a model to make crucial decisions.A Financial analyst is required not only in a reputed company but also in banks, insurance companies, pension funds, and others. In addition, any institution that makes frequent decisions regarding spending money needs a Financial analyst.Many online financial analyst courses will help you learn skills and crack interviews in a reputed organisation. You will even get a certificate after completing the online course, which you can show in an interview. The article discusses top Financial analyst online courses and certifications. So, keep reading this article to learn more about Financial analyst courses. Top 4…

Product management is a popular choice of career among candidates these days. The position of a product manager is among the most lucrative job opportunities these days, and giants like Meta, Amazon, and Google often post job openings for the product manager position. These firms receive a high volume of applications from candidates for each opening. When the applicants are so many, a candidate must stand out in presenting his candidature. The same is put forth to the recruiters through your resume. Here we will discuss what you can do to give your resume a higher chance of being shortlisted. Let us understand the different titles of product managers to understand who is a product manager. Tech Product Manager: Technical Product Manager is one of the most straightforward job titles. They are similar to regular PMs, except that they have a strong technological background. Data Product Manager: Data administration and…

In a competitive employment market, those who can distinguish themselves through certification stand out. Certifications can help you stand out from the crowd and demonstrate mastery over specific skills and subjects. Many pursue certifications because the letters after their name communicate to potential clients or employers that they have the expertise they claim to have. There are several certifications that may be obtained in conjunction with an MBA or while on the job. These qualifications add value to your CV and help you become a better professional, which may significantly advance your career. The following is a list of certifications that may be pursued by MBA students to gain an edge over the competition. 1. Certification courses related to Finance Chartered Financial Analyst The CFA Institute in the United States administers this certification course. The framework consists of three tiers. Students can take level 1 in their last year of…

A team’s success is determined by how well it manages internal communication; in other words, a team’s performance is determined by how well it sets up, delivers, and reflects through its talks. Specific aspects of a few crucial questions result in effective communication, how a team approaches crucial issues; how it reaches findings and takes choices; how work is allotted; how disagreement is managed; and how members are held accountable. All of this is influenced by how individuals interact, i.e. how they communicate. High-performance teams have clarity that the majority of the team time can be utilized in emails and meetings if the same is not managed much more effectively. High-performing teams try to harness effective communication through emails and meetings unless it is absolutely imperative to their goals. High performance also ensures to not create a huge mail trail copying everyone on everything. When communication between team members occurs…

There are plenty of jobs in the market, but you need to ensure you’re prepared and ready for them. You should analyse the demands of each job and match them to your personal strengths to excel there rather than simply survive. With these 7 skills, you’ll find yourself becoming not only a valuable team member but also a stand-out employee who can truly shine in their trade. Read on to learn what it takes to get one’s foot in the door and achieve noteworthy success in many different new industries. You must know how to interact in the workplace. It is also equally essential to learn industry-specific skills (or technical skills) required for your position. However, we will focus on seven crucial soft skills you need to ace any career. 1. Learning & Adaptability  “For the things we have to learn before we can do them, we learn by doing…

With the evolving work culture, the multitude of professional dimensions also keeps evolving and provides plenty of youngsters with career opportunities. The world is getting digitally advanced, and so should your working and career options.  If you want to ditch your dependence on the pocket money you get from your parents, you should consider working in your spare time. There are numerous job opportunities that you can pursue while you are studying and earn a good amount of money to sustain your basic needs. Certain jobs do not require any prior experience or degrees and offer a very flexible working schedule which you can opt for. All you need is to identify your skills and area of interest to find a suitable career option to explore. This blog will illuminate five amazing and easy career options you can explore while studying, which will fetch you a significant amount of money. …

Are you still taking a Tax Filing expert’s help for your Income Tax Returns? With the introduction of the online E-filing facility by the Income Tax Department in India, it has become easy for any individual to file their Income Tax Return online. Also, the auto-population of data from various statutory forms has reduced the burden and made filing taxes almost a cakewalk! Are you aware of these changes to file your Income Tax Return within just a few clicks, absolutely free? Whether a new taxpayer or a seasoned one, this article will shed light on the E-filing process to take care of filing taxes. Essentials Before Filing Taxes Before proceeding with the E-filing, you must know some essential things about filing taxes online. The Previous Year is the year for which the ITR is filed.The Assessment Year is the year in which the ITR is filed. For Ex: If…