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Building Strategic Resilience – Ideas and Applications for Small and Medium Businesses

Strategic resilience enables SMBs to adapt quickly to changing market conditions, reduces risks, promotes innovation, builds a stronger brand, and enables long-term sustainability. The business world has become increasingly volatile and unpredictable, and small and medium-sized businesses (SMBs) must develop strategic resilience to face unexpected challenges and disruptions in the market. The COVID-19 pandemic has …

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The Yin-Yang of Innovative Cultures

Discipline Your Experimentation An innovative organization systematizes the process of experimentation through discipline. “The reasons people who want to work in an organization where ‘innovation’ is part of the desired employee behavior and organizational culture and factors playing a role for innovative cultures they cite are – fun, freedom, flexibility, fellowship, and flatter organizations. Imagine …

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Green and Creative Solutions for Nepal’s Economy

A creative green economy can be a medium through which humans seek meaningful work, and contribute to the economy, without harming the planet and people. On my recent bicycle trip, I went to Nagdaha (Snake Lake), a pond located in Dhapakhel, Lalitpur. The lake is spread over approximately five hectares and the main inflow source …

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Entry into the insurance industry was a blessingin disguise for me

For Nirajan Kandel, his professional career has been full of changes and learning opportunities. Kandel, who is the Deputy CEO of Sanima Reliance Life Insurance, started as an Assistant at Siddhartha Bank in 2006. He joined Citizens Bank International in 2007 and worked there for three years before joining Standard Chartered Bank (Nepal) where he …

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

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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Innovation Strategy: Need of Alignment With Business Strategy

The meaning of ‘entrepreneurship’ is not limited to ‘starting a new venture’, it is also about innovatively solving the problem and/or adding value in the market space. While we see and experience a fair share of innovations in startups and entrepreneurial ecosystems, the same is not quite evident in the world of established corporates and …

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