Thursday 10 November 2016

“Black” and “White”

Termed as one of the boldest moves of the Prime Minister Narendra Modi, demonetization has led to an unprecedented financial emergency in India. The discontinuation of higher currency notes has caused India a loss of 86 % of its monetary base. Though this surgical strike by the PM would have long term benefits, it is presently causing lot of trouble to the common man.

People can be seen standing in long queues outside banks and ATMs either to exchanges their old notes or converting portions of black into white. On one side, people are committing suicides due to cash crunch and not being able to exchange the old currency, and on the other hand many are trying to dig ways to exchange their black with gold/ foreign currency/ new notes. Being Indians, we can easily come up with jugaads for various problems and so have people come up with this one too.













Foreign currency

The ones on high demand are Chartered Accountants and bankers, who are suggesting ways to save people’s black from turning into worthless piece of paper. One of the jugaads is investing in foreign currency.

Jewellery

Buyers are willing to invest in gold and diamonds and save their black so that it can later get converted into white.

Land

 People have expressed the willingness to invest in land, though the value of property would soon cut down by many folds. This step is being taken to ensure the cash doesn’t go waste.

Friends and family

An interesting one is distributing Rs. 2.5 L to near and dear ones so that they get the same deposited in their accounts and keep 10-15% out of the same. This however, doesn’t solve the problem for people with crores of black hidden under the beds.

Another decision may come soon on December 31st; let’s see which shock or surprise it brings for the country. 

The author of this opinion article is Ms. Lovleen Sharma at PR Professionals               

Tuesday 8 November 2016

Reasons Why Professionalism Is Vital In The Workplace

Now a day, in many organizations, professionalism of the employees is not very often considered to be a priority. The behavior, physical presentation of the staff, the way they conduct themselves is what comes in professionalism. It is evident in areas such as vocal communication and how efficiently employees stick to company policies. It is not that Professionalism exists only within the workplace; it is rather with customers and clients as well. The Professional behavior of the staff, which is sometimes overlooked, speaks a lot about the organization, business and their success- regardless to its size. If you guess how, read these below given three reasons to understand its overall impact.

1. Respect Is Increased

People tend to behave in a similar manner, once Professionalism is valued in an organization. As professional environment is set up, it not only earns respect for authoritative figures, but also for fellow colleagues and clients. It also aids in cutting down inappropriate personal conversations, or those which could be considered discourteous. The level of respect for a customer or business partnership is also visible when an employee constantly behaves professionally, regardless of unsuitable comments from the other party.
2. Business Reputation Will Flourish

An organization which is known for its positive reputation and professionalism is one which will stand the test of time. When it comes to opting one source over another for a particular service, the one with most productive feedback is likely to be chosen. Interaction between employees and their associations with main stakeholders are one of the major contributors to this positive brand coalition.
3. Conflict Is Reduced
In a professional business setup, the employees will be less probable to resort to conflict to solve a matter. Professionalism promotes a respectful culture, which should see conflicts be handled in the exact way. Professional employees should be inclined to understand boundaries more clearly, and solve any minor issues in an efficient and respectful approach. Professional behavior also helps staff avoid offending clients when they have a different perspective, as well as offending those from different cultures or backgrounds.
         The author of this opinion article is Ms. Anjoo Dalal at PR Professionals