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How HR Practices are Evolving in the 3rd and 5th Dimensions?

Opinion / 417 Comments

With the rapid advancement in technology and the increasing complexity of the business environment, the HR function has evolved significantly over the years Human Resources (HR) is an essential aspect of any organization, regardless of its size, nature, or industry. The HR department deals with various functions related to managing and developing the organization’s human …

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Subscription model needs to be introduced in Nepal’s media industry

Interview / Leave a Comment

Hari Saran Subedi is the Managing Director of A.D Release, one of Nepal’s leading media buying agencies. With over 20 years of experience in the Nepali media and advertising industry, Subedi has played a pivotal role to introduce pioneering program concepts to the Nepali television industry that include reality TV shows such as Nepal Idol, …

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Being an Innovative Organization : Avoid These Mistakes

Opinion / 369 Comments

The leadership should be willing to change the DNA of the organization and evolve to a new nature of the organization altogether Every successful organization has a ‘once upon a time’ entrepreneurial story where it was a startup with new ideas, a great appetite for risk, energetic teams, milestones to achieve, ‘mission impossible’, lean processes, …

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The strategic human resources plan of our company focuses on the unskilled to the highly skilled workforce

Managing People / Leave a Comment

Widely known for its Goldstar brand of shoes, Kiran Shoes Manufacturers, is the leading producer of footwear in Nepal. A part of the Universal Group, the company has been producing several popular brands of footwear since the mid-1970s. The company manufactures products for the domestic market and exports shoes to India and other foreign markets.  …

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Building Customer Centricity and Sensitivity

Strategy, Culture & Leadership / 404 Comments

Bad customer centricity not only impacts the supplier, but the end customer. Every now and then, someone in an organization brings up customer centricity or sensitivity. This conversation invariably comes-up when there has been a negative customer advocacy, or a key account / customer churn or great sales year but lesser net adds etc. Or …

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‘Banks are not at fault for the increased interest rates’

CEO Speak / Leave a Comment

With the Nepali economy going through turbulent times, banks are grappling with multiple challenges at present. For over the past year, the shortage of investment-grade liquidity, which has seemingly eased for now, has been the biggest difficulty leading to hikes in borrowing rates and ultimately a sharp slowdown in most kinds of economic activities across …

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Are MFIs loan sharks or necessary financial institutions?

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Unscrupulous microfinance companies driven by profit are causing fear and distress in rural areas of Nepal, with victims being coerced into selling their properties or resorting to suicide. the HRM Dil Kumari Karki, a resident of Rautahat, found herself in a difficult financial situation when she took a loan from a local loan shark at …

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Private Equity & Venture Capital

Cover Story / Leave a Comment

Changing the Investment Landscape In the second week of January, the logistics services provider Upaya received funding of Rs 60 million from Nepal Infrastructures Investment Fund Limited (NIIF). NIFF is a capital venture jointly promoted by Global Equity Fund (GEF), Prime Life Insurance, and Himalayan Everest Insurance. On December 20, 2022, Japan International Cooperation Agency …

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Marginal Growth in Capacity Utilization of Industries

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According to NRB’s Economic Activities Report 2021/22, the average capacity utilization of industry nationwide in the last fiscal year was 52.8 percent, up from 52.2 percent in FY 2020/21. the HRM The protracted liquidity crisis, interest rate volatility, and rise in raw material costs have hit the country’s industrial output in the last fiscal year. …

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