Employees

Conversation from a positive relationship has more impact on performance than the system or process

Dave Ulrich, the Rensis Likert Professor at the Ross School of Business, University of Michigan, wears multiple hats. He is also a partner at the RBL Group, a consulting firm dedicated to assisting organizations and leaders in delivering value. With an impressive track record, Dave has authored over 200 articles and book chapters, penned more …

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Playing the game of early stage start-ups effectively

Transitioning from an aspiring entrepreneur to the owner of an early-stage start-up is a journey of transformation. It’s just the same for teams in start-ups. It involves moving from the realm of ideas and plans into the dynamic world of execution and constant adaptation. If aspiring entrepreneurs, before taking the plunge, have prepared themselves with …

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A Telltale Sign – The Vicious Cycle of Failure in Service Companies

The Cycle of Failure begins when short-term goals overtake the long-term objectives. Prologue As the leader of a service company, you are juxtaposed in your decision – whether to invest more or to cut down on your costs. The problem statement is clear. The profitability is weak. You are experiencing an exodus of not only …

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Digital advertising is not replacing traditional mediums but rather, complementing them

Over the last few years, there have been big changes in the landscape of the Nepali advertising and marketing industry. Digital disruption has impacted all realms of the industry from the creativity of marketers and advertisers to the media consumption by consumers. Apart from this disruption, the advertising sector is grappling with the recession which …

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The government needs to reassess its priorities

These are tough times for the Nepali private sector as several economic indicators of the country are not showing positive signs. The overall market demand for goods and services has plummeted, and the business community members say the investment environment has eroded significantly. However, the government ministers claim the economy is on the path to …

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Nepal’s Cement ExportStrong Growth Potential Amid Challenges

the HRM Nepal recorded cement exports totaling Rs 779.3 million in the fiscal year 2022/23. Notably, within the initial three months of the current fiscal year, cement exports amounted to Rs 853,071 million, surpassing the total exports to India in the previous fiscal year. This substantial achievement is noteworthy for Nepal, a country with limited …

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Performance of Commercial Banks in Q1Of declining profit and rising NPL

the HRM On November 6, Sunil KC, the President of the Nepal Bankers Association (NBA), said that the non-performing loans (NPLs) of Nepali commercial banks remain within manageable limits. Despite the alarming 92 percent surge in NPLs reported in the first quarter of FY 2023/24 by commercial banks, the NBA, which serves as the umbrella …

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Should ChatGPT be Allowed in MBA Classes?

AI can create credible-sounding facts but may also produce false data and incorrect information. ChatGPT is a natural language processing chatbot that utilizes artificial intelligence (AI) technology, enabling users to engage in human-like conversations. The acronym GPT stands for ‘generative pre-trained transformer’ and was developed by OpenAI. This nonprofit organization also created Dall-E-2, an AI …

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Mahalaxmi Bikas Bank is keenly attuned to the power of digital media

Times are challenging for Nepali banks and financial institutions. The Macroeconomic headwinds are blowing strong as the country’s economy grapples with a deep recession. Mahalaxmi Bikas Bank Limited, a prominent national-level development bank in Nepal, Limited is braving the situation with prudent banking practices, and effective marketing and communication strategies. Basant Baksi, Head of Liability …

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