StartupTalky

Tag: Corporate Culture

  • MNC vs Startup: The Best Option for a Fresher

    It’s not difficult to describe the differences between working for an MNC and a startup. Comparable to differentiating formal wear from casual clothes or distinguishing between formal meetings and lively, participatory group discussions.

    Freshers are people without corporate experience or experience working in a particular industry. People who change careers would not be regarded as more experienced because they still have corporate experience, which has given them practical work knowledge.

    MNC vs Startup
    Experience Required
    Salary Expectations
    Work Culture
    Learning Curve
    Learning Methods

    MNC vs Startup

    Major Differences Between Working At a Startup and MNC
    Major Differences Between Working At a Startup and MNC

    An MNC is a large commercial organization with affiliated operating companies in different countries. With time and experience, companies like TCS, Infosys, and Wipro companies, which were once startups, have evolved into renowned and credible names in the industry with many projects under them.

    With more and more experienced and skilled people worldwide becoming part of these organizations, they have become what we call MNCs or Multinational Corporations.

    Startups are young companies founded to develop a unique product or service that fills an existing void or service gap in the market. A startup is a business that is just starting up. Startups carry a high risk of failure, but they can also be great perks, an emphasis on innovation, and unusual places to work and learning opportunities.

    One of the most confusing situations fresh graduates face today is whether to opt for large multinational companies or startup jobs. Both have pros and disadvantages to be weighed. It entirely depends upon your future goals and how you want to shape your career. It can be unclear for freshers to understand all of this; hence, we are here to help you figure this out.

    Experience Required

    An MNC requires a preset number of years of experience before considering applications. Each level of employment will have its prerequisite. They have very little flexibility in terms of considering under or over-experienced people.

    However, a Startup is a growing place. They are more welcoming to freshers and people with diverse experiences and backgrounds. They may be willing to consider applications from both over and under-experienced people.

    As per the survey done by Retailo technologies, 42% of newly graduated students prefer to work at startups because of many different reasons. And surprisingly their count is increasing daily
    As per the survey done by Retailo technologies, 42% of newly graduated students prefer to work at startups because of many different reasons. And surprisingly their count is increasing daily

    Salary Expectations

    An MNC has fixed pay bands, and you can keep expecting steady growth in your salary over the years. If someone wants to have a steady salary pattern for a lifetime, it is better to opt for Multinational companies.

    Planning a trip to Goa on your first salary? Forget it at any average Startup. Their initial payment will be too small for the work you put in. However, it is also as likely to shoot and double up in a couple of years or completely go under and leave you with nothing but experience on your CV and few lessons.

    Work Culture

    In general, Startups value people more than an MNC. In the case of a startup, every role comes with huge responsibilities. But, with greater responsibilities come more significant rewards, both on professional and personal levels.

    Since it is a Startup, you will be able to make a substantial impact. Since fewer people are involved in a startup’s functioning, there is less chance of one’s work being ignored. Thus, there is better work recognition in a startup.

    “A machine will not become a better machine by running for years. It only wears out. That’s what will happen to you.”

    When you end up working in an MNC. You can gain global recognition from MNCs. Your CV adds credibility if it bears the name of an important company… Maybe it won’t be appreciated daily, but if you perform well, the company’s top performers receive awards, benefits, and perks, which might be done annually, quarterly, or in six months(depending on company policies). But when these big companies reward, it is massive.

    Also, most MNCs provide their employees gratuity, provident funds, medical insurance, and other job securities. Want a dependable 9 to 5 job? Then an MNC is a suitable place for you. You will have a reasonable amount of time to spend with your family and friends.

    Learning Curve

    Career growth opportunities come with working for a larger organization. A multinational company often creates jobs all around the world. International corporations frequently equip one with a diverse environment since it involves people from racially and ethnically different cultures.

    But if you are not strong enough to get some achievement, then probably you need to stay at the same place for a greater time making your learning experience dull.

    The work done by an employee in MNC for 4 years is equivalent to the work done by an employee in a startup for 3 years only. Startups are in budding stages and hence, the work pressure over there is more than an MNC. But the best part about this is startups will give more practical work experience than MNCs.

    Startups still need to make their processes simplified and majorly involve the whole working team in different tasks. It gives out an opportunity for an employee to learn the whole working process right from the start of making the plans to delivering the service. Therefore, there are more learning opportunities in a startup.

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    Learning Methods

    Undoubtedly, Startups offer better learning graph, whereas MNCs offer good work-life balance
    Undoubtedly, Startups offer better learning graph, whereas MNCs offer good work-life balance

    Startups are still experiencing different methods and are still required to add points in their briefs. Hence, everyone, there is experimenting with their own way and are self-taught people. Joining a startup can be stressful initially, especially if one’s job description is unclear.

    One may also come under a lot of pressure to perform well when producing quality results. There is always an option for you to be creative and go out the way to try something valuable.

    MNCs have already settled up startups and hence have their own way of working, rules, and regulations in place. They do not expect freshers to join them without undergoing the training session and a guide of their rules and regulation.

    Hence, working at MNC can be like walking on a path made by someone else. The working culture of an MNC is disciplined but it does hold a number of opportunities for the freshers to learn.

    Conclusion

    As a Fresher, some stability and structure are required. Startups are more in sync with the work style of someone in their late 20s who can work with a bit of ambiguity. Thus, if you are an exceptional thinker and a creative person at heart, I would recommend a Startup that is a few years old and is just settling into its rhythm.

    They will be able to provide you with just the right amount of freedom and structure needed to operate optimally. And at the end of it, go where your heart takes you. Because if it doesn’t fill your soul, it is bound to wash away sooner or later. Or if you think it will be tiresome to be a part of a startup, MNCs are always welcoming new people into their companies.

    FAQs

    Is it better to join a startup as a fresher?

    If someone feels to explore a different side of the working patterns and is ready to take up the risk at the start of their career, then yes working at a startup as a fresher is a better option.

    Is the MNC job secure?

    Nothing can be guaranteed 100%. Hence, it will be false to say that MNC jobs are secure fully. But yes, they are secured till some length and can provide steady growth for the individual if they have the ability to surpass others.

    Why MNC is not good for fresher?

    Freshers working for any MNC have their dream position preselected before joining the company. But the actual time taken to achieve their dream can fall anywhere between 5-15 years or more. This is the biggest drawback why freshers should not work at MNC.

    Does working for a startup look good on your resume?

    Including the startup experience on the resume is always a good option to prefer irrespective of the startup’s present condition. Including it in your resume can showcase the ability and experience of work done in the past and provide many chances of creating a good impression on the leader.

  • Importance Of Work Culture In The Success Of A Startup

    Startup culture is a key element of most corporate organizations. Startup culture has received a lot of attention in recent times, which is because it plays a vital role in improving the overall experience at work and some are seamlessly integrating work into their life.

    By fixing a startup culture, a company by itself can set an example for the employees which will create a base for supporting the work and improving the internal operations of the work. Applying this, makes the contribution more valuable and results in better personal satisfaction.

    Since startups are often run by a small team working closely together, their “startup culture” is typically a reflection of the founding of the team’s passions and personalities. In most situations, every individual working in the startup usually contributes to the overall culture.

    While culture can take several years to evolve passively some corporations have been able to change their culture reasonably quickly by specifying a new set of behaviors that are expected from their employees.

    The common factor between corporates and startups is that their culture is the driving force of the organization. It includes how the employees of a certain company form and communicate ideas, how they behave, respond to customers, and bring themselves to work.

    It is the reflection of what the company stands for and the working styles of the founders and employees, which is why startup culture is important in what makes a company successful and brings it to the list of best startups.

    What is Meant by Startup Culture?
    Importance of a Startup Culture in an Organization
    5 Ways to Improve Work Culture of an Organization

    What is Meant by Startup Culture?

    When someone talks about Startup Culture, it usually includes happy hours, unlimited PTOs, pet-friendly offices, ping pong tables, zen rooms, etc., which are beneficial for the startup employees, increases comfort, and spark creativity.

    However adding benefits and perks isn’t enough to make a successful startup culture, many first-time startup founders struggle to define their culture from the beginning, only to realize its impact on the operational side of the business.

    To thrive in the new decade entrepreneurs and founders have to know how to define and cultivate a startup culture according to their companies. Sometimes the right technology helps in making the vibrant culture easier to implement across geographical boundaries.

    With the unprecedented times of the Covid-19, a variety of applications help employees to collaborate in a real-time, video conference, message, and work on the same version of documents from different parts of the world.

    What a healthy work culture must contain
    What a healthy work culture must contain

    With people working across time zones and locations, it’s never been easier to reward and recognize great staff and projects. We think we have the right cultural guidelines in place but, like any startup, we know just how important it is to continue demonstrating the behaviors we want to instill throughout the business if we are to be successful.

    Successful startup culture in the following ways:

    • Lead by example and actively demonstrate the behaviors that are expected from the team.
    • Call out positive behaviors publicly, recognize and appreciate when someone does a good job.
    • Document our culture statement and workshop with our team to promote a shared goal.
    • Share the success metrics with the employees so they know the goal but also how we’re tracking towards those collective efforts.
    • Treat everything as an experiment, take the time to discuss and learn from failures while doubling down on the successes. Ultimately, we know that execution and delivery will determine our success but behind the scenes, our culture will be the driving force.

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    Importance of a Startup Culture in an Organization

    In 2022, workplace culture will continue to be as important as or more important than products and services. More than ever, founders will need to prioritize defining company culture from the beginning before it’s too late. The investments of focus, time, and resources will pay off higher talent, better communication, increased productivity, and customer loyalty.

    For startups, the impact of every team member’s attitude and productivity is exponential. Even simple cultural components, like a set of common values, can align workers under a single, identifiable banner.

    According to Glassdoors 2019 mission and culture survey before applying for a job, nearly four in five employees and job seekers consider a company’s mission and culture. This is important because 65% of 18 to 35-year-olds are likely to culture over salary, that higher than any age demographic surveyed.

    Employee's preference for the work culture over the compensation in percentage
    Employee’s preference for the work culture over the compensation in percentage

    Workplace culture also affects the bottom line, even if a company manages to attract the best turnover, decreased motivation, and overall decreased productivity.

    The importance of company culture is getting a lot of attention these days, especially in the startup world. Tech giants like Google have made a name for themselves by offering unique, sometimes luxurious benefits to their employees, while small offices are changing the rules of office culture with perks like unlimited vacation time and flexible hours.

    In the 2019 Employee Engagement Report of TINYpulse, about 43% of the 25,000 employee respondents across 20 industries said that they would leave their companies even for a marginal hike because of weak company culture.

    The importance of work culture

    5 Ways to Improve Work Culture of an Organization

    The startup culture of a workplace can be improved for better reasons. However, it can also get degraded if proper care is not taken of the work culture from time to time. Shared below is the 5 basic tips that can help in improving the work culture of a startup.

    Giving importance to the mission of the company

    The first step of making a company culture is to establish a clear set of priorities that align with the company’s overall goals. For example, Google’s mission statement is “Don’t be evil”. This applies at the corporate level, as the company strives to do as much good as possible, but also at an employee level.

    Employees who keep their core mission at heart will be more likely to stick with it, helping the company stay on track with its identity and purpose. A company with a strong purpose may be able to encourage more individuals to buy into that purpose and complete the feedback loop.

    Attract new talented employees

    Every organization needs talented employees in order to succeed, but getting talented people to join the company can be challenging. The companies spend a lot posting job ads, hiring professional recruits, or head hunting at professional networking events, but sometimes this approach is easier for well-established companies as they already have a well-known name and brand.

    Talented candidates are always picky about where they want to work and also expect more than higher salaries which is usually an office culture that matches their personalities.

    Retaining employees

    attracting and retaining employees
    attracting and retaining employees

    Finding new employees is good but training them and integrating them into your company takes time, costs money, and may lower overall morale. With a strong company culture that encourages people to come to work every day your retention numbers should go up because employee retention and company culture have a self-sustaining relationship.

    The stronger your work culture is, the more likely it is for employees to stay loyal to the company, and while the more employees stick around the work culture will get stronger. The key is to find a core team of people who fit your culture perfectly, and keep them happy and consistent as your company grows.

    Encouraging passion

    Every company must have passionate employees as they are more productive, creative, and come up with innovative startup ideas. This can be achieved by giving people an ideal cultural environment in which to work is about more than just preventing them from quitting.

    As per the study done on Glassdoor, 53% of employees stated that they will stay longer at their firm if they are appreciated
    As per the study done on Glassdoor, 53% of employees stated that they will stay longer at their firm if they are appreciated

    A good work culture can lead to employee satisfaction which makes them passionate about doing their job while also being invested and loyal to their works place. In a way, a company culture is a tool that keeps employees happy enough to produce their best work and that means the company can push new boundaries and tread new ground.

    A Unique Brand Identity

    Great internal startup culture can develop a distinguishing reputation for your brand, in an external context. Unique brands always have an edge over brands that blend in with the competition, so the stronger your culture is, the stronger your brand can perform.

    Company culture is more than a brand, too, and it’s more than just a great series of benefits that are provided to the employees. It’s the combination of environmental, atmospheric, and practical conditions that keeps your company and more than just a bunch of individuals who happen to work in the same physical space.

    Conclusion

    Work culture or the startup culture is not a new topic to learn about. However, in the past few years, the discussion on the work culture and its effect on startup success have seen taking place. This is because for almost many startups, having a better work culture was never pondered over.

    Irrespective of the earlier negligence, it is the right time now to learn more about work culture and the ways it can be improved for better productivity of employees indirectly resulting in a success of a startup.

    FAQs

    What is meant by work culture?

    Work culture stands for the ethics and morals of the workplace individuals. It also indirectly defines the organization’s value.

    Why is work culture so important?

    Work culture directly or indirectly affects the working pattern of each employee. Having a satisfactory work culture can provide better yield from employees which will eventually contribute to the success ladder of the organization. Failing to provide better work culture will also have an adverse effect on the organization’s value. Hence, work culture is an important aspect to give attention to.

    Why is culture important in a team?

    The team is required to work with each other cordially. Having a team member with unfit work culture will eventually create a distance among team members. Once the team members drift apart from each other no better work response can be expected from the team due to un-cooperative people. Hence, having a culture is also essential in the team.

    What is the Difference Between Startup Culture and Corporate Culture?

    A startup environment is typically a fast-paced culture in which creativity and communication are valued. Startup culture is often perceived as being less formal than that of a corporate environment and usually puts less emphasis on hierarchy within teams.

  • 7 Best Modern Office Design Trends in 2022

    Designing office space is not an easy task. Today the modern workplace is constantly evolving and it is not just about providing the right tools and technology but has become more focused on the employees as well. Old office designs that did not necessarily encourage creativity and did not allow employees to be comfortable are now frowned upon. Companies are becoming increasingly complex in terms of their functions and operations. Modern office design trends are slowly taking over, and keeping employees happy, energized, and more productive.

    With the fast development of technology and the need for wellness-based design. The most important thing about any workplace is office space. A  typical modern workplace is designed with open floor layouts and a casual dress code. In this article, we will talk about what is modern office design and the current modern office designs that are in trend and are becoming favourites. So let’s take a look at them.

    What Is Modern Office Design?
    Flexible Office Spaces
    Natural Light
    Collaborative Furniture
    Sustainable Office Design
    Hanging Horticulture
    Integration of Technology
    Design the Boardroom

    What Is Modern Office Design?

    Modern office design means the structure of a workplace according to the needs of current times and practices. A worker spends almost half of the day in their office. To make it interesting and worthwhile, offices need to look cool and must feel a little homier and not like a jail. This way, the employees will feel comfortable and will be more productive.

    Flexible Office Spaces

    The dynamic spaces trend began to expand by introducing people to the idea of multi-functional workspaces. The distinguishing feature of flexible office space is that it is nonrestrictive. Flexible office spaces allow employees to work in different areas of the office instead of being stuck at their desks or cubicles all day long. These spaces included indoor-outdoor access via garage doors, movable green dividers, television and video equipment, and step-style seating, to name a few.

    Flexible spaces incorporate an entirely new generation of moveable, multi-functional, lightweight, and ergonomic elements designed to fit any space and purpose. This trend is well on its way to becoming the new normal as work environments continue to shift towards more human-centric, collaborative, and active spaces with innovation.

    Natural Light

    We are attracted to nature and natural light. Although it is not extremely necessary or a new office trend, its importance has grown and become almost necessary. Natural light is crucial for our well-being and can make us feel happier and blissful. Evidence shows that happier employees are more energetic, are better problem solvers, and have a tendency to interact better with co-workers.

    Companies must implement this natural resource to maintain optimum productivity, efficiency, and sustainability and make their corporate world nice. Natural light can also improve short-term memory and concentration which is very crucial in a worker’s performance. Natural light helps to become happier and better workers which will boost productivity and overall create a healthy environment.

    Collaborative Furniture

    Teamwork, understanding, compromise, and collaboration are all involved in the workspace, giving team members the tools required to grow further. Agility and flexibility in the workspace are crucial to the ongoing success of an organization. The organization has the flexibility and agility to recognize when change is required and to put that change into action. All begins with collaboration and the ability to discuss, debate, and work together on a solution. Collaborative office furniture provides the facility for achieving this level of communication.

    The modern working environment is governed by several constraints. All parts of the office, especially furniture need to be justified and budgeted. By providing modern, collaborative workplace furniture, business owners are providing workers with a ready-to-use conference area, as well as areas for quick functions.  All successful businesses are growing. This means evolving needs that must be met and expanding workplace infrastructure.

    Sustainable Office Design

    Sustainable design is a new trend, which almost everyone agrees is a good thing. The main goal of this trend is to establish harmony between nature and your daily routine. A well-designed sustainable office can grow with the business and avoid unnecessary and expensive changes that lead to additional waste. Sustainable design is the integration of recycled, sustainably sourced, and green building materials into space.

    Sustainable design best practices not only focus on saving energy and natural resources but also on increasing the well-being of those who work in the spaces adding to their comfort, enhancing their experience, boosting their productivity, and improving the quality of their lives while reducing demand on the environment.

    Here are a few other benefits of a sustainable office:

    • Improved productivity
    • Improved health of the employees
    • Improved job satisfaction
    • Reduced employee turnover ratio

    Hanging Horticulture

    Interior plants offer businesses a simultaneously natural and beautiful addition to their interior while benefiting the overall well-being of employees. Plants are becoming more popular in offices than ever before. Today living green walls and moss walls have become a principle of wellbeing and branding. Numerous scientific studies have proven the positives of having more greenery in your workspace. The benefits of bringing plants into workspaces are well documented. Plants not only bring varying rich shades of green to the workplace, but they also offer the visually-meditative experience that, ultimately, leads to happier and healthier employees that are more productive and balanced.

    The advantages of having green plants in offices are :

    • Help to reduce stress.
    • Help to increase productivity.
    • Help to reduce sickness and absence rates.
    • Make workspaces more attractive to job applicants.
    • Clean the air.
    • Help to reduce noise levels.
    • Boost creativity.

    Integration of Technology

    If businesses want to improve their performance they should start by integrating their various technologies. Technology plays a primary role in modern offices. Everything is now done electronically, and offices need the proper equipment to keep up with technological advancements. With an integrated system, it is easier for people in the company to access relevant data. Technology changes so rapidly that there always seems to be some new technology for business.

    • The biggest benefit of technology integration is the ability to increase the business’s efficiency and productivity.
    • Technology in the workplace is speeding up effects and virtually everyone would agree with that.
    • Technology encourages Innovation and Creativity.
    • Achieve a high level of consistency and uniformity in services and products.
    • Technology in the workplace and efficiency have been taken to a whole new level.

    Design the Boardroom

    A meeting room can leave a strong impression on clients. It can either help them come up with fresh, creative ideas, or it can distract them. You want them to have enough elbow room, as well as space to get up and walk around. Although the boardroom’s role has decreased it still plays an important role to play. They are becoming more flexible and are designed to be multifunctional spaces. This means that the space used for a board can be split into multiple smaller spaces which can be used for other group activities.

    Conclusion

    Your office is your sacred space, it should be designed in a way that can make your employees comfortable and make them feel good. It shouldn’t feel like a jail which can make your employees feel like a prisoner, so by following the current trends to design your office, you can make it cool and a fun place to work.

    FAQs

    What is Office design?

    Office design means all the elements and components’ proper placement that the office needs for decoration and functional processes.

    The current trends to make an office modern are:

    • Flexible Office Spaces
    • Natural Light
    • Collaborative Furniture
    • Sustainable Office Design
    • Hanging Horticulture
    • Integration of Technology
    • Design the Boardroom

    Why do people prefer modern design in their offices?

    People prefer modern design in the office because sometimes traditional design feels boring and can make people feel stressed.

  • How Much Is Too Much When It Comes to Office Jewellery?

    Your office is the workspace where you spend at least 7 to 9 hours a day. While it is quite productive for you to feel comfortable in the office, it is also essential that you must be able to carry yourself eloquently as it is a professional setup and you must be your best possible version. When you come across as a presentable individual you are able to convey your ideas more prominently as the confidence is strongly reflected in the manner you carry yourself.

    There are manifold accessories that you can buy such as rings, and earrings online to complement your outfit and be the girl boss you are. However, when you are amping up your work outfit with accessories, there is a very high possibility that you might overdo it and ruin it. Therefore, in this article, we will present you with the right set of advice to help you understand how much is too much when it comes to office jewellery. So, let’s get right into it.

    Interviews
    Office Parties
    Conferences

    Interviews

    An interview is the first step for an individual to enter an organization. While you are unaware of the culture of the organization, it is essential to play safe so as to prevent any sort of blunder associated with your wardrobe choice from ensuring that you do not end up losing the chance at this particular job just because of your appearance and dressing sense.

    Make sure that your makeup, accessories as well as and outfit all approach minimalism. Your hair and nails must be well-groomed. Wear either small hoops, studs, or earrings to keep things super light and breezy. Heavy hanging earrings must be avoided at any cost. Here, you should go with minimal accessories and not something heavy or big that may create a distraction. You can also opt for a accessories look while going for the interview.

    Office Parties

    When you are attending an office party, it is quite safe for you to let your guards down for a while still making sure to throw some caution in the air when choosing your outfit, especially accessories to go along with it as well as the tone of makeup you will be opting for.

    Accessories in particular play a significant role in accentuating a particularly normal outfit and glam it up for your office party. Exotic clothing with floral prints can be a prominent statement dress. It is better to go for a mature corporate look. A good pair of earrings or a sparkly necklace with a plain corporate dress can actually do wonders.

    Conferences

    When you are presenting at a conference, it is quite obvious that all the attention in the conference room is directed towards you. All the attention can make anyone feel nervous but this might end up hampering your presentation and all the work and effort that you have been investing in this presentation will go to waste. It is this kind of day when you need an extra kick of confidence to get you through the day. Select a solid coloured shirt and match it up with a pencil skirt.

    Sometimes small studs also help and make you look classy and professional. Apart from that, a wristwatch can make your look more mature and gives a good impression. Top the outfit with a bracelet and heels. Wearing heels for an important event has always been advocated by experts. Not only do they make you look taller but also provide you with a sense of self-confidence and you are all ready to take the corporate world by storm.

    Conclusion

    Fashion is a part of life, so tuning it with your daily work life can be interesting and worthwhile. However, pieces of jewellery should be worn while keeping in mind the work ethics of your office. The first impression is often considered the last impression so it is always advised to dress smartly, especially in your office.  Your clients and colleagues notice everything and it is said accessories convey unspoken messages.

    FAQs

    Is it unprofessional to wear jewellery to work?

    It is not unprofessional to wear jewellery to work if you are not working at a place that can have physical danger.

    What jewellery is best to wear at work?

    Gold and silver jewellery are mostly worn at work, as they look classy and professional.

    Are necklaces allowed at work?

    It depends on the look of the pieces of jewellery, sometimes employers may ban wearing them depending on the dress code.

  • What is Team Coordination? | Importance of Coordination in a Team

    Coordination is the essence of every successful organization. So what exactly is coordination? In simple words, it is a mechanism or strategy that enables different entities to work together. Coordination helps with maintaining and improving efficiency while striving for a common goal or target. Hence, team coordination is of utmost importance if a company wants to make it big.

    In fact, experts quip, “Ineffective communication and coordination is the primary contributor to project failure one-third of the time, and had a negative impact on project success more than half the time.”

    This post by StartupTalky gives you an overview on the importance of coordination and also provides some tips to improve the coordination levels in a team.

    What is Team Coordination?
    Importance of Coordination in Teamwork
    Importance of Team Coordination in Project Management
    Tips to Improve Coordination Between Team Members

    why is coordination important?

    What is Team Coordination?

    At times, the situation calls for individuals with differing backgrounds, perspectives, and thought-processes to come together.  It could be to fulfill a goal or an objective that is impossible to achieve single-handedly. How can this be done? Through coordination, i.e., the act of getting people to communicate and collaborate without creating chaos or confusion. Coordination has a major role to play in any successful team-based initiative.

    Importance of Coordination in Teamwork

    Can a business operate without employees’ cooperation? No. A business entity can be viewed as the concoction of different groups and hierarchies. It’s imperative for these groups to work alongside each other in harmony to achieve organizational goals. Hence, coordination becomes a major driver of success and growth.

    Coordination is required among members of a team and between teams for the following reasons:

    Interlinking of Different Business Operations

    Importance of Team Coordination
    Interlinking of Variours Teams

    Coordination helps in connecting multiple business operations. The organisation members are able to connect business operations together to get the desired output. If there will be no interlinking of such business operations then there will be wastage of resources or maybe a delay in getting results.

    Suppose, what will happen if there is no connection between the HR Department and the Marketing Head? If the Marketing Head was looking for immediate results and in the meantime, the HR granted a leave. If HR has already granted leave then why will the employee wait for anything? This will result in the loss of required manpower and can cause delay to get results.

    The HR could directly reject the leave if was aware of such a requirement. But due to the absence of coordination, he wasn’t. The lack of coordination caused a delay in getting results.

    Each Department Focuses on Its Own Objectives

    In a business or an organisation, each person or department has its own objectives to meet. Each of the departments is concerned about its own objectives and goals.

    The objective of the organization is met with them while making informed decisions. Sometimes, the goals of the department get diverted from organizational goals. It will be too difficult to identify such incidents because of business complexity. If coordination is not present among both, then it can cause damage to the business goals.

    There are times when the objectives of one department cause the loss of others. In this case, also, it will cause damage to the business. The success and failure of one department are linked with the other. So the success of one department at the cost of losses to another will result in failures too.

    Socializing and Understanding Among Team Members

    Importance of Team Coordination
    Understanding Among Team Members

    There are different personal needs of every individual. Socializing are also the personal needs of every human being. The process of coordination helps in fulfilling such personal needs.

    The employees will be able to connect with other teammates. This will create a strong bonding among team. The process of coordination helps in building improved relations among teammates.

    Helps in Saving Resources By Avoiding Repeat Activities in Different Departments

    There may be several activities which are repeatedly performed in different departments. These activities cannot be identified if there’s a great barrier between the departments.

    The repetition of such activities will result in more use of resources. If all the activities are performed in one place, then it will save resources. Suppose two different departments have hired a person for the same task which they require not much often.

    These tasks can be performed in one place and will save the extra expense of an employee. But this couldn’t be possible because of a lack of coordination. But if there was any coordination among them then they could have saved such extra expenses.

    Avoiding Conflicts Among Employees

    Conflicts inside business always end up doing multiple losses. They make the working environment disturbed for all. So they kill their time and also of the team members.  Every conflict results in wastage of time as well as resources. Any arguments/conflicts among the team members will cause damage to business resources.

    Conflicts must be avoided to create a healthy working environment among team members. Coordination helps in avoiding conflicts among them. The communication gap or misinformation is easily sorted out with coordination.

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    Importance of Team Coordination in Project Management

    Importance of Team Coordination in Project Management
    Importance of Team Coordination in Project Management

    Project coordination involves managing the day-to-day operations of a project, making sure the resources are aware of deadlines and tasks that they are responsible for managing meeting minutes, and so on.

    Coordination helps you better monitor and control each stage of the project to ensure it’s progressing according to your prescribed timeline. It helps in Collaborating with your team on the issues you encounter, to manage risks and the validity of tasks to the project’s current scope.

    Tips to Improve Coordination Between Team Members

    Here are some tips to improve coordination between team members:

    Conclusion

    Coordination is one of the most important activities in any business. It is present in every company but some do it right while others don’t focus much on it. The best way to ensure good coordination is to create and manage the proper structure of the company while giving the required power to people.

    If you have anything else to add, please let us know in the comments.

    FAQs

    What is team coordination?

    Team coordination is a process that involves the use of strategies and patterns of behaviour aimed to integrate actions, knowledge, and goals of interdependent members, in order to achieve common goals.

    Why is team coordination important?

    Coordination ensures that employees do not engage in cross-purpose work. Team coordination minimizes conflicts, wastages, delays, indifferences and other organizational problems.

    How do you bring coordination to a team?

    5 Steps To Successful Team Coordination or coordination in a team:

    1. Know the Big Picture.
    2. Create Well-Defined Roles.
    3. Foster Great Communication.
    4. Master Your Planning.
    5. Don’t Overdo It.

    What are the key elements of teamwork?

    Key elements for a successful team:

    • Communication
    • Commitment
    • Accountability
    • Delegation
    • Support

    Who is responsible for coordination between different teams assigned for project?

    Project Manager is responsible for coordination between different teams assigned for project.

  • How to Build Best Company Culture – Things to Avoid

    When you begin an entrepreneurial journey or get a job in a startup, it feels like you have got a great opportunity to showcase your skill-sets and the methodology of work also shifts. This shift is due to the different cultures prevailing in different startups. Every organization whether it is big or small have a unique culture to provide diversification. The question that arises here is, what is startup culture and how does it affect the workmanship of employees.

    Numerous scholars and researchers have a different take on corporate culture or startup culture, as the term has a deeper meaning and have a very strong impact on the business. A bad startup culture might ruin the whole business and the foundation also gets degraded. To understand startup culture in brief, we can say that culture is a set of values, morals and beliefs on which an organisation works. The culture of an organisation is based on the leadership of an organisation which is designed by the leader.

    The startup culture depends upon the nature of the startup owner. A CEO has the full responsibility of the culture and he can mould it easily as per their desire. As a leader of an organization is a human and it’s pretty much possible that they might construct the wrong culture in an organization, which instead of boosting the business, lead to the path of destruction for it. So, it’s very vital to develop a perfect professional culture in an organization. Well if you are an emerging entrepreneur and want to avoid bad startup culture, then you’re at the right place, as today we will discuss some signs of bad startup culture and remedies to overcome them.

    Symptoms of Bad Startup Culture
    Characteristics of Good Culture
    How to Build a Great Company Culture

    Symptoms of Bad Startup Culture

    Before finding the cure for the bad startup culture, we need to find out its symptoms. So let’s begin:

    • The leader is the sailor in an organization, so he needs to set a great example for his superiors. If a leader doesn’t work properly and doesn’t delegate his duties to others, then this is the indication, that an organization is going to sink very soon.
    • The optimum example of bad startup culture is when you can’t work, as you desire and you have no creative freedom to explore more. This bondage of culture will affect the performance of the worker and the startup may fail, even before it began its jour.
    • ‘We are good’, ‘future is bright for us’, ‘We Will get profit soon, when you hear that kind of words from your boss, then it means you should start looking for a new job.
    • The fake media publicity and having numerous fake subscribers will never improve your business because it will give you a false picture of your business.
    • When there is any kind of dispute and rivalry seen in the coworkers of an organization, then that is a definition of bad startup culture and this will make the environment of the firm tense.
    • When higher authority keeps secrets from the employees and won’t disclose the true picture of an organization to them, which demotivates the employees and doesn’t see the business as their own.
    • The leader should motivate employees to work hard, but they should never be forced to work hard. Their feelings should be also taken into consideration and fair remuneration should be paid in lieu of extra work.
    • The business houses which forgets to cater to the needs of their customers have no chance to survive in the market. To make a good startup culture you need to satisfy your customers first.
    • Sometimes too much positive attitude can ruin your business. Be realistic and believe only in the facts.
    • If the values of the owner and employees don’t match, then this will create havoc in the office.
    • Fake news or gossip is the reason for bad startup culture and it should be avoided at any cost, as it negatively affects the image of startups and reputation is the only valuable asset of new startups.
    • When the owner is scared to take hard decisions, this is the beginning of bad startup culture.
    • The policies of an organization should not be rigid and the CEO must be capable to twist them, as per the requirement of time.
    • The imbalanced distribution of remuneration to the employees will cause partiality in the organization.
    • Drinking or smoking during work is highly unethical behaviour that is a symptom of bad culture.

    As, we are now familiar with the few indications of bad startup culture, that destroys the startup from the core. Now is the time to share a few remedies to cure this issue of depth.

    Characteristics of Good Culture

    • Strong leadership – The culture of an organization is the extension of its leader’s values. So the leader of a company needs to adopt good values so that they can be seen in the culture of an organization.
    • Creative freedom – The workers should be given the freedom to showcase their ideas freely and leaders must give them some freedom to work as they wish.
    • Mission – People have a shared sense of company mission. They “feel” it and it’s often tied to a problem they care about even if they’re not a primary user. They feel good about what they are doing as a company and are proud of the impact they’re creating.
    • Fast pace – This is the twenty-first century, so an organization should be running according to it and the work should be completed at a fast pace.

    So, after analyzing the symptoms of bad startup culture and evaluating the characteristics of a good culture, we come to the conclusion that leadership is the sole reason behind the culture. So leaders need to gather themselves and run their startup in good working culture.

    How to Build a Great Company Culture

    Good company culture is a practice every company aspires to have. Before we discuss how to make a good company culture let’s define what is company culture? Company culture is the working environment, policies and work ethics a company possess. It is very important to provide a healthy company culture to maintain and create a thriving business. If an employee likes the culture of his workplace, he is more likely to be in a better mood and work more efficiently.

    Below we have listed a few steps that you can follow to improve or make an amazing culture at your company.

    Decide Your Culture Type

    The first and foremost step is sitting down and deciding what your companies’ culture should be like. If you are a new company and are just starting out with a hand full of people, all of you can sit down and decide it according to your preferences. If you are a very big company with numerous employees, you can assign the job to one person who can ask for the popular opinion in your office and then you can decide upon it. No matter what culture you want for your company, make sure it is healthy and is making your employees happy.

    Transparency

    There should be transparency amongst all the people working at the company. Every person in the company should be treated with equal respect and should have access to each and every piece of information. The gap between the boss and the employee should be removed and you should start working as a team. Interaction between employee and the employer is very important, so holding sessions that provide a healthy interaction amongst the whole team is important

    Leisure

    As the old saying goes ‘all work and no play, makes Jack a dull boy’.  The same is the case with your employees. Even though we are adults but working for long hours without rest can hinder our productivity. Studies show that people were more productive when they have enough breaks between their work. Having entertainment rooms in your office or having a gaming room or outdoor activities in your office area can help your employees relax and also keep them healthy.

    Giving Space

    Giving each employee space for themselves and giving them a sense of responsibility helps in boosting the employee’s confidence and also since the work is completely their responsibility, they do it better. It is very important to create a healthy learning environment. An employee should be encouraged to learn if he makes any mistakes.

    Go Tripping

    Taking your employees on a tour of someplace occasionally can be a great way to relax them. If you do not want to take them, providing holiday incentives to the employees can also be done.

    Recognize Milestones

    In every meeting set milestones and goals for the company and reward the person that has worked extra hard in achieving it. Such an incentive from the company not only makes the employees happy but also inspires them to work harder. The reward can be small as well as big depending on the work.

    Hire employees that are suitable for your companies’ culture. If a person does not like social interactions and starts working in a work environment that promotes interactions amongst all employees, he will be more stressed than happy. Similarly, if a person who is outgoing and fun-loving is put in a very serious office environment he will get stressed. So it is important to know the employee’s point of view about your office culture before hiring them.

    Be Patient

    A company’s culture change is a very big step and will not be achieved in one or two days. It will sometimes require months and years to change. There might come some issues at first, but with time everything will fall into place as expected. All you need is to deal with the situation with patience and make corrections whenever anything goes wrong.

    Conclusion

    Almost all the young entrepreneurs like to create a cool company culture in their startups these days. However, most of them only get successful in making the infrastructure cool and not the environment. One needs to be aware of the ways to develop a cool culture, not just the infrastructure.

    FAQs

    What are the four types of corporate culture?

    The four types of corporate culture are clan culture, hierarchical culture, market culture and adhocracy culture.

    What is the ideal company culture?

    An ideal company culture keeps its focus on its employees and clients.

  • Work-life Balance is The Key to Corporate Survival in New Hybrid Work Culture

    Saransh Garg, CEO  & Co-Founder, Nova Benefits on revolutionizing employee wellness, and how employers can challenge stereotypes.

    In a hybrid era, perfecting work-life balance is key to corporate survival!!

    2021 has been a turbulent and testing time for organizations and employees alike, with the ongoing COVID-19 crisis hitting companies differently. The need of the hour is work-life balance, and it is crucial for organisations to understand employee pain points.

    Reports reveal a tectonic shift in the approach to employee wellness. There’s no doubt anymore that employee delight and overall company performance are closely interdependent and gravely impact work-life stability. Workforces, particularly those driven by Millennials and Gen Z, staunchly expect businesses to value their time, well-being, and intellectual fitness.

    There are several simple methods to support employees to maintain a healthy work-life balance – all you need is willingness! Let’s take a look:

    Keeping your ear to the ground: Providing counseling and physical health support to employees free of cost

    Both mental and physical health have been greatly impacted during the pandemic. Apart from offering employees the required support through counseling and health check-ups, it is important to create awareness on where employees can access these services. Employees should be encouraged to share how they are feeling, and feel safe to do so. It is important for organisations to listen and react. A central contact point should be created for employees, where they can expect quick responses to questions and concerns. Employers must also partner with online counseling services to help people with their mental health, and interpersonal relationships.

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    Inclusivity 24×7: Having an open-door policy, regular check-ins, and anonymous reviews within the workplace

    Clear and open communication channels are key to creating a healthy workplace environment, which uplifts employee morale. In traditional organizations, communication is a one-way stream that flows from top-down, making employees feel like they don’t have a voice. Engaging in open and honest conversations with employees can make them feel comfortable, and encourage them to address and speak about issues at work. There are simple ways to implement this using a feedback structure and regular reviews where everyone can present their opinion with the option of staying anonymous.

    Empathy always wins! Social and Community Outreach Programs

    Every organisation has several stakeholders who form a part of the larger community and workspace ecosystem. Building and maintaining a mutually beneficial relationship with the community is what defines ‘Community Relations’. The start point for ‘Community Relations’ is to identify the needs and pain points of the community, and offer solutions to address the same. Community outreach programs like fundraising, setting up vaccination camps for employees and their families, offering tiffin or creche services may contribute to happier and satisfied employees, boost employee morale, and foster a sense of “community” that is critical to long-term success and employee retention.

    Fostering wellness: Digital partnerships for employee well-being

    Employee wellness initiatives are a much-needed component to create a good and healthy work culture. Wellness is a balance of both mental and physical well-being. To address the same, companies can look at organising group activities like online workout sessions or virtual marathons which will help in employee engagement and keeping staff motivated. To ensure mental wellness, it is a great idea for organisations to avail corporate memberships with wellness apps, which offer a full range of services.

    Be resourceful: Get your employees the mental, physical and structural resources they need

    During the first and second waves of the pandemic, isolation and burnout were reportedly two of the most popular employee issues discovered. Isolation was comprehensible, but ‘employee burnout’ posed brand new challenges, creating barriers in personal and professional lives.

    Mental health assistance, along with new methods to develop organizational frameworks for a post-pandemic future. For instance, it’s mandatory to take a two-day break once every 45 days at Nova Benefits – this ensures that employees are getting the rest they deserve. Organisations also need to identify what employees might need – infrastructure, flexibility, professional help to deal with stress, anxiety, burnout, or lack of sleep – in order to do their jobs to the best of their abilities, with limited resources in a WFH set up.

    At Nova Benefits, we offer an unlimited leave policy, which also includes wellness leaves. Employees can take time off for their physical and mental health, and are also encouraged to express if and when they are feeling burnt out.

    We also advise our employees to try and clock in seven to eight hours of sleep every day. Keeping the current WFH scenario in place, our team strives to keep the workforce healthy and active, while at home.

    Feedback is fab! Make wellness surveys and feedback regular routine

    A feedback review isn’t always only for managers to give personalized feedback; it’s also an opportunity to examine employers, workplace culture, and leadership. Timely surveys demonstrate to workers that employers care for them, in addition to enabling the employer to enhance and elevate successful well-being benefits in the future.

    Conclusion

    The above cultural and process-driven changes aren’t complex but must be prioritized to ensure an organization’s rapid growth. Companies who have their work culture right, can see higher financial returns and outperform their rivals. How else are “Best Places to work at” built?

  • Difference Between Startup and Corporate Culture

    With many of us being at the junction of our career, from where we can see an ocean of opportunities ready to take us aboard, the options seem to be endless, you can choose to study further, explore your field, and interests, or you can step into the economy and be a part of an amazing corporate, or chose the ever-evolving startup work environment, you can also start building on your very own empire.

    The decision you make here has a great impact on your financial status, stability, the quality of experiences you’ll gain, the kind of organisation you choose to work with, is as crucial as the role you have there. Let us look at the – Difference between startup vs corporate culture.

    Startup Culture
    Corporate Culture
    Difference between Startup and Corporate with an example
    Benefits of Working in a Startup
    Benefits of Being in a Corporate
    FAQ

    Startup Culture

    The startup work culture offers you the freedom of being creative rather than robotic, which has flexibility in terms of timings and targets, smaller teams, and an environment that is at a more comfortable pace rather than the tight-collared corporate jobs.

    Corporate Culture

    Corporate companies have their own benefits, they mostly have a risk mitigated environment, mind you there’s always a plan B, a cushy office, concessions, healthcare plans for employees, wider quality exposure, and a sense of security that things are falling into a routine.

    Choosing any one of them might be your key to success, so you need to know where will you bloom and excel.

    Difference between Startup and Corporate with an example

    Let’s look at this from the scenarios of two people, Rahul and Divya. Rahul is an individual who has been a techie since the beginning of his college. He loves to code.

    Coming at Rahul’s personality traits, he’s someone who has always managed his life around a clock, has a timeline for everything in his life, getting a job means a financially stable life for him so that he can help his aging parents. Rather than risks, he believes in coordinated plans.

    Now let’s talk about Divya. She’s all about ideas, she’s an avid reader and aims to unfold life rather than cross it. Divya is a risk-taking person and she does not believe in a normal paced life. She loves challenges and values skills over knowledge. As the college is ending, Divya wishes to earn some money while continuing to discover her interests.

    The two people are a clear example of how the world consists of two different mentalities, with different priorities and expectations from life.

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    Benefits of Working in a Startup

    An Innovative, Creative Space

    Startups pride in their innovative approach. It’s quite normal if your role in the organization keeps on changing frequently. This is particularly advantageous as you would gain the experience from all views, work in many people’s shoes, embrace the change, and there’s always a challenge awaiting you.

    Creative minds excel in a startup environment because it’s always ready to evolve, you can always put your suggestions forward, there’s always room for something new and inspiring. Out of the box thinking is what startups build upon.

    You’re Always Up For A Responsibility

    Startups are said to be synonymous with risk, being at a sapling stage, a startup demands a lot of risk-taking tactics, and employees who are willing to be a part of both success or failure.

    It offers you a high-pressure environment where even though, there’s always that one big mistake to rip it all down, but the team still gives 100%. It gives you the privilege to take on more responsibility than you thought you can handle.

    The Infamous Flexible Culture

    Startups mostly have a smaller team than a corporate, this increases the possibility of getting more than one role, rather you play with a variety of roles in different projects. This gives you unmatched exposure.

    The flexibility of a startup brings the opportunity to advance quickly. You climb a corporate ladder, but in a startup, you sprint. At a startup, it’s normal for someone to start merely as an intern role and quickly ascend to a senior-level one.

    Startups trust their employees on managing their own schedules, startup culture is breaking the paradox of fewer benefits with parental leave, more generous vacation time, and paid off days. Dropbox, even offer unlimited paid time off, understanding their employees respect their work and would not abuse their trust.

    Other than that there are often other more intangible benefits, like free lunches, nap pods, a bright office, flexible happy hours, casual dress code, and a more laid-back less tense work environment.

    Startups Work To Bring A Change

    Startups are driven by millennials who work on their own terms with a motive to see the change. Millennials aren’t content unless they notice the difference they aim to make.

    Even with limited words, they find room to give back to the world and including their employees in the process.

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    Benefits of Being in a Corporate

    The Much Needed Work-Life Balance of a Corporate Life

    Corporates have no midnight work calls, no impromptu brainstorming sessions, after that 9 pm deadline no one expects you to work until the next morning. The line between work and home is a blur in a startup. Lesser employees and limited resources push to demand a push on the clock.

    Considering the hourly pay system two identical jobs with the same salary—one at a startup working 60 hours per week and one at a corporation working 40 hours will result in a lower hourly rate at the startup since you are working more hours than you would at a corporation.

    You Prioritise Money Over Passion

    Giving you a reality check, Three out of four startups fail. Even if you work at that one, thriving startup, the benefits will reflect in your pocket at a later stage.

    Usually, Startups can’t offer competitive salaries due to the initial lack of funding and cash crunch. Health insurance or paid time off might be the benefits you might never experience.

    At a corporation, you can expect to have a competitive salary and benefits packages, with stability in an already tried and tested environment.

    Well Defined Responsibility

    One important point you need to know about startup vs corporate is unlike a startup, you won’t be expected to work on everyone’s behalf. You just have to finish the responsibility given to you. You’re not expected to have hands-on experience in working with everything, so just have to be exceptional in the role assigned to you. There’s a well-developed process for onboarding, which is timed to lead you up for success.

    The Experience Counts

    When you step into a corporate, there’s already a vault of knowledge ready to be explored. You can take timed and planned steps, there’s someone to tell you the shortcomings of your work. There’s always a scale to compare, rather than staying like a blind rat in the race.

    There’s a protocol for everything, you’ll find that there are many resources at your disposal: your colleagues have a wealth of knowledge, the bosses have years and years of experience.

    Abundance of Funds

    The biggest difference between startups and corporations has to be the number of funds. Startups are always tight on cash, corporations are about the profit, but  they can serve without a profit too.

    Corporations also spend on advertisements, multiple locations, talent hiring. While Startups have to be careful in every step they take while big corporations and there’s always a rebound plan.

    Essentially it’s about setting your priorities. Are you willing to be in a risk-taking environment, ready to accept a lower salary for the sake of the opportunity of seeking your passion? Is financial stability a priority right now? Do you want a settled, less creative more analytical life? All these questions might lead you to your safe haven.

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    FAQ

    What is a startup?

    Startups are companies that are focused on a single product or service that the founders want to bring to market.

    What is a corporate social responsibility?

    Corporate social responsibility refers to practices and policies undertaken by corporations that are intended to have a positive influence on the world.

    What is the Difference Between Startup Culture vs Corporate Culture?

    A startup environment is typically a fast-paced culture in which creativity and communication are valued. Startup culture is often perceived as being less formal than that of a corporate environment and usually puts less emphasis on hierarchy within teams.

    How do you build a strong culture?

    Six steps to help you build a strong culture:

    • Start with a purpose
    • Define a common language, values, and standards
    • Lead by example
    • Identify your (cultural) ambassadors
    • Be truthful and always communicate
    • Treat people right

    What is the difference between startup and company?

    A startup is a temporary organization designed to look for a business model that is repeatable and scalable. While a company is a permanent organisation designed to execute a business model that is repeatable and scalable.

    What is the difference between startup and corporate entrepreneurship?

    Corporate entrepreneurs don’t have the same autonomy as a startup entrepreneur, they have rules they have to follow and corporate guidelines. A startup entrepreneur, on the other hand, completely autonomous, at least when you first start the company.

  • Top 22 Amazing Corporate Gift Ideas for Holi 2022

    Celebrating festivals in your corporate office is one of the best ways to strengthen the bond with your employees. It helps them form a personal relationship with the company. Celebrating with the employees and offering them gifts during festivals and other occasions certainly delight the employees, lifts their mood and helps increase the employee engagement with a sharp boost of the overall morale. This also helps the employees feel more motivated so that they start looking at your company as their own.

    Holi is one of such occasions that can be signified with colours, which spell joy and friendship. Such a festival surely weaves a feeling of brotherhood within a house and between two of them. The festival of colours can also be an excellent opportunity for the offices to bond with their employees over a gift or two. However, if you are wondering about the best corporate gifts ideas in Holi, then here are some of the best gifts that you can opt for to gift your employees with this Holi:

    Laptop Accessories
    Travel packs
    Gym or Fitness packs
    Cosmetics
    Blue light filter glasses
    Books
    Online courses
    Clothes
    Accessories
    Organic health packs
    A stress-free zone
    Desk accessories
    Subscription gifts
    Other accessories
    Organic usables
    Gift Vouchers
    Watches
    Holi special sweets
    Technological Accessories
    Camera Accessories
    Holi Colours and Greeting Cards
    Green gifts

    Laptop Accessories

    You can gift your employees with certain laptop accessories. In this era laptops will be used by almost all your employees irrespective of their job profiles. You can gift accessories for the laptops, such as laptop bags, laptop skins, laptop coolers, wireless laptops, and a mouse. The laptop accessories are needed by all, and thus, they would serve as excellent gift items that are useful too.

    Travel packs

    You can opt to gift certain travel packs to your employees who are more into travelling and love to travel. Travel mugs, Bluetooth headphones, Bluetooth speakers, travel bags, etc., can also be gifted to employees who are more a wanderers. You can even choose to gift trekking shoes or a small trekking kit for adventure enthusiasts.

    Gym or Fitness packs

    You can choose to gift smart bands, gym shoes, gym bottles, gym bands, track pants, t-shirts, or any other accessories to your employees, which can be helpful for their daily fitness routines. These can be customized according to your choice.

    Cosmetics

    You can provide certain cosmetics for the women employees of your office. Choosing generic cosmetic products, including lipsticks, eyeliners, or full cosmetic kits, would simply delight the female employees of your office.

    Blue light filter glasses

    Blue light filter glasses can be one of the most efficient gifts you can provide to your employees. Nowadays, since everything is online and the usage of phones and laptops has increased, this can be an apt gift. It can be one of the necessities for your employees and would show your care towards them.

    Books

    You can gift some self-help books to your employees who are much more into reading; you can even provide Kindle app subscriptions as a gift for this Holi. It would improve their knowledge and also would be of great help for their career ahead.

    Online courses

    You can gift your employees access to online courses. This would help them gain more knowledge in their specific domains and help them use it practically in your office as well.

    Clothes

    You can gift shirts, t-shirts, or formal wear for both male and female employees of your office. These gifts can also be ties, handkerchiefs, formal belts, or any clothing accessories that may be useful for them.

    Accessories

    Cash wallets, cardholders, power banks, or any such accessories are also great options that they would require and use in their daily lives.

    Organic health packs

    Organic health products like green tea, herbal juices, and other fitness food products are the latest drive of the age. Moreover, with the increasingly sedentary lifestyle of the employees today, reducing body weight and keeping fit and healthy are becoming really challenging. The organic healthcare packs can, thus, stand as wise Holi gift ideas for employees, which will help them immensely throughout their journey ahead.

    A stress-free zone

    You can try creating a stress-free zone inside the office, which can be a gift for all your employees at once. You can try including any of the indoor games such as a PlayStation, or table football or even just place a few cushions, which can be used as a relaxing spot for your employees. Though such gifts often form a part of the office renovation programme or stand as amazing New Year gifts for employees, creating a stress-free zone can also be dedicated as an amazing Holi gift for employees.

    Desk accessories

    You can gift them certain accessories that they will be able to place on their desks. It can range from small clocks, pen stands, sticky notes, personalized desk signs, personalized bobbleheads, or any accessory that they can place on their desks.

    Corporate Gift Giving
    Corporate Gift Giving

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    Subscription gifts

    Entertainment gifts can include anything, including subscriptions to OTT platforms. For example, a subscription to Amazon Prime, Netflix, or music streaming apps like Spotify or any other internet-based subscriptions can entertain your employees and help them stay refreshed throughout. Moreover, they also serve as excellent Holi corporate gifts for present-day employees who need a break from the monotony of their work.

    Other accessories

    Other accessories can include personalized gifts or any other gifts, which can include air purifiers, mobile holders for cars or bikes, wall clocks, glasses or tea sets, customized jars, and more. These household accessories can be extremely useful for your employees in their respective homes.

    Organic usables

    Organic products are sustainable and are a great addition to one’s household. Organic usables, from storage containers to jute bags and more, are really awesome for gifting. This is why they can also be something that you can select as convincing Holi gifts for employees.

    Gift Vouchers

    Gift vouchers will be a great option during the festival season. You can consider gifting vouchers for dress and lifestyle for both men and women. Such vouchers can thus be summed up among the top corporate gifts, even for Holi.

    Watches

    A good-looking watch can always be a classy gift. Gifting a watch indicates that you care for them, and a branded watch can always be added to their collection, which would make anyone happy.

    Holi special sweets

    You can gift your employees chocolates or special Holi sweets for them and their families. You can even provide sweet boxes or personalized chocolate boxes, wishing your employees and their families.

    Technological Accessories

    You can gift your employees with tech accessories from a list of trendy tech accessories like Amazon Fire Sticks, Amazon Echo, Google Home and more. You can even gift them a Kindle or any other technological accessories which will be useful.

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    Camera Accessories

    You can gift the employees working in the media domainchocolates or special Holi sweets for them with accessories for their cameras, tripods or editing software, SD cards, camera bags, printers, access to certain templates, etc.

    Holi Colours and Greeting Cards

    The festival Holi is empty without colours, so you can provide a greeting card with a personalized message to your employees with some Holi colours, or you can add these to the other gifts you provide them.

    Green gifts

    Green gifts can include a miniature plant which will be a gift as well as a move towards an eco-friendly environment. You can gift them a miniature plant to keep on their desk, making it their responsibility to take care of the plant.

    Conclusion

    Gifting your employees is always rewarding. It also symbolises how the office values the hard work and efforts that the employees put in for the development of the company. So, never neglect gifting opportunities like Holi. Instead, you can always call it an occasion and reward your employees to boost employee engagement and overall morale.

    FAQs

    What is the meaning of corporate gifts?

    Corporate Gifts are generally valuable items offered by the employer to their employees without any obligation as a token of appreciation or goodwill.

    Why is corporate gifting important?

    Corporate gifts are an incredible way to show your employees that you value them in a certifiable and attentive manner.

    What is a good small gift to show appreciation?

    Frame a picture of you with them. Personalized gourmet coffee mugs, nice pens, photo albums, and scrapbooks, are great small gifts to show appreciation to someone.

    What are some good corporate gift ideas?

    If you are running an office or managing it, and looking for some corporate gifts ideas to gift your employees on the occasion of Holi, then here’s a list of them to check with:

    • Desk accessories
    • Camera accessories
    • Sweets
    • Subscriptions
    • Gift vouchers
    • Clothes
    • Watches
    • Cosmetic products
    • Grooming products
    • Organic usable
    • Organic health drinks and food products
    • Online courses
    • Fitness packs
    • Travel packs
    • Laptop essentials and more.

  • Beware Of These 7 Big Mistakes That Companies Make While Training Their Employees

    The new corporate culture may sound plenty of options to you but the fact that the company usually grows when employees become progressively more competent and knowledgeable. While a lot of the learning happens outside training sessions, there is no denying the impact of a good training program.

    With all the time and resources businesses allocate to training, it’s important to get it right the first time. If we say on an individual basis, the teaching concept may sound simple. But there are 7 big mistakes companies make when training their employees. The basic point here is, although it may take a whole new form and poses incredible challenges when organizations try to train their entire workforces, best practices and catastrophic methods of doing things may help you out.

    People and businesses should grow together concurrently

    Training mistakes can do more than translate incorrect information; they can de-motivate staff, set employees up for failure, and even put them at risk. These are 7 common mistakes companies usually make which may be a pit-hole for the company for upcoming ventures.

    Training in Training Rooms is Obsolete

    A few decades ago, classroom training sessions used to happen and since they are obsolete now, most modern companies design training programs. In today’s fast-paced work new methods of working are adopted like remote working. Employees need to travel a lot and have flexible work hours. Getting everyone together can take months of planning.

    Basically, the cons of classroom training are that it takes the employees away from the desk and can be a major distraction when they are juggling deliverables. Training rooms are functional during induction training and group activities, but it’s impractical for every other training scenario.

    Classroom training sessions have become obsolete now
    Classroom training sessions have become obsolete now

    The training programs carry the benefit of, accessing then anywhere from any device with login details. A quick webinar is also a great medium to get employees in different locations together when the training style needs to be a bit more conversational.

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    Expecting Wrong Trainers To Train Right

    Just because Chandler knows how to code, doesn’t make him qualified to train. SMEs (Subject Matter Expert) should ideally coordinate with the course designer to tweak the training program. There full involvement in the program is not needed, just the guidance can work wonders.

    Communicating and learning are only as good as the trainer keeps it going right. It may seem obvious, but choose the right individual to lead the process of training employees. Keep in mind the best teacher is not necessarily the person that’s best at the role themselves. One main drawback of SME training work is that it diverts the trainees from their core-work. And also, they have a little knowledge of training methodologies.

    The trainer should be accessible to the trainee at all times. This means that the trainer needs to physically be around, and the trainer’s door needs to be open.

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    Treating Training Like a One-and-Done Task

    This is the most common mistake which most of the company tends to do, and then disaster happens because of a single mistake that the trainee does later. Most of the companies take this training as a one-time activity, which is typically at the beginning of a job when an employee is provided with the basics. But there’s much to be learned afterward also.

    Organizations should shift their focus from offering one-time, job-specific training to providing all employees with ongoing learning and development opportunities. Companies benefit greatly from continuous learning programs, developing in-house experts who can better serve colleagues and customers while building their own knowledge and careers.

    Forgetting “the WHY”

    Most of the training programs keep on focussing on HOW employees should do their job. The how factor gets keep missing which is clearly important- a new employee needs to understand the nuts and bolts of their responsibilities, the tools they will use to do their job, and the expectations of the role.

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    The employee also needs to be trained on the why. Understanding “the why” gives them a deeper understanding of their role in the organization and what the organization is all about. It empowers them with problem-solving skills and allows them to evaluate processes and root out inefficiencies.

    Training just for the sake of training is a bad idea. Employee training programs should be tagged to goals that are measurable in the workplace. For example, a fire safety training video should be followed up by a safety and compliance check and be scored.

    Recycling on Conventional Methods of Learning and Technologies

    The fact that training should be accessible and consistent always, doesn’t mean that recycling old training videos and scenarios that don’t reflect the work is one of the quickest ways to disengage learners. Quality of training often differs from trainer to trainer. For example, a webinar or classroom training is only as effective as the person conducting it. E-learning technologies solve this problem by empowering employees to train themselves.

    Online training/ E- Learning
    Online training/ E- Learning

    The great idea that can work here is that employees can directly go to an online portal to register for a course. These courses are interactive to keep the participants engaged. These courses also make use of animation and videos for maximum retention. After finishing each segment of a typical E-learning course, employees need to pass a test to move on to the next segment which checks the concept clearance.

    The best part of E-learning is that employees can learn at their own pace. They can learn about a particular subject in chunks without having to download everything in one long session.

    Top 3 HR mistakes companies make

    It’s easy to ignore the human resources side of your business when things are flowing smoothly. After all, there are far more pressing concerns nagging us each day. Relations with employees can be enjoyable and fulfilling or time-consuming and terrifying, depending on the situation.

    Being proactive in the area of HR, recognizing and rectifying HR mistakes before they become serious problems, can save you countless headaches and protect your business against costly legal claims.