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Nine Cautions for Leaders building early ITES and BPO businesses

Strategy, Culture & Leadership

The Information Technology Enabled Services (ITES) and Business Process Outsourcing (BPO) industries are subject to several common errors, especially in the early stages of business development. Information Technology is one of the widest streams of interest today, with academic and business interests both at high levels in developed and developing countries. In several countries, the …

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The need of the moment is to cater to brand activities through prioritization and necessity

Interview

Doing business has become tough for Nepali corporate groups lately primarily due to the economic downturn in the country. In this context, marketing professionals are faced with several difficulties in their areas of work. Similarly, there are other challenges for them stemming from changes in the preferences of consumers and digitization. Punam Singh is the …

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Panchakanya Group always aspire to be a trailblazer in the sectors it ventures into

CEO Speak

The Panchakanya Group has recently entered its 51st year of operation. The modest start initiated by Prem Bahadur Shrestha, the founder of the group, has evolved into Panchakanya Group, a prominent industrial conglomerate in the nation. The group, which has its focus on the production and business of construction materials and equipment, has three generations …

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Nepal’s Export of IT Services : Making Big Strides

Cover Story

The surge in software development and digital services through offshore outsourcing may be considered one of the most under-the-radar developments to have occurred in the country in recent times. Nepal’s exports of IT services in 2022 amounted to USD 515.4 million, making it the country’s top exportable product.  the HRM On July 17, the Ministry …

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Fourth Quarter Reports of Commercial Banks – Diminishing Returns

Report

Despite the increase in profits, the capacity of commercial banks to distribute substantial dividends has diminished due to a 26 percent drop in distributable profit. the HRM When the commercial banks released their third-quarter report in mid-April of this year, there was an anticipation that non-performing loans (NPLs) would experience further growth and that net …

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Consistent Revenue Growth is Achievable

Strategy, Culture & Leadership

Revenue is an important focus in any for-profit organization, or for professionals engaged in a profit making venture. Ludwig von Mises, the economist, once said, “The masses, in their capacity as consumers, ultimately determine everybody’s revenues and wealth.” Ludwig’s words are full of wisdom, in fact layers of wisdom captured in one line; anchored around …

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Challenges, Opportunities and Paradigm Shift in Sales

Report

Sales patterns in the Nepali market are evolving as companies prioritize digitization and technology, transitioning fromstrategies for improved revenue and customer engagement. the HRM Over the past four years, Dabur Nepal has undergone a significant transformation by establishing its own sales database. The consumer goods company has recognized the crucial role of data in business …

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In this VUCA world, it is beneficial for organizations to have an agile workforce

Managing People

With changing times, people management in Nepali organizations has become a topic of debate for harnessing an organizational culture conducive to business growth and productivity of employees. Organizations nowadays pay attention to proper HR functions and the need for having best practices in people management.  According to Dipesh Man Shrestha, an HR professional, there is …

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