Tuesday, August 13, 2019

Why homes aren’t selling in Chennai?


This has been a monsoon of discount offers for residents of Chennai. Every day, a barrage of messages, emails and media advertisements assail us, from desperate real estate firms. A housing slowdown has been around for some time but now there are visible signs of panic.
But buyers, particularly in South India, are just not interested. Sellers, having patiently waited it out so far, are now beginning to throw in the towel. An equilibrium will be reached eventually, but before that there may be more blood on the housing street. Resale flats also gets piled up which can be eventually seen in real estate portals like realtymarket.in.
A recent report says that the residential housing market in Chennai remained absolutely flat in the first half of 2019, despite prices falling nearly 10% in this period. The city has more unsold flats. Some estimates suggest that it may take four years to clear Chennai’s unsold housing inventory.
There are two types of home buyers in any market: genuine purchasers who acquire for self-use; and investors who regard it as a proxy to a financial instrument. It is the latter that sparked the initial decline, post demonetization, as access to black money became problematic. Yet, Indians are very ingenuous at working around such constraints and cash is back in play, after a temporary hiccup. But the housing market is still dead. This is because returns have dried up. Investors may have worked out ways around the stick, but it is the carrot that continues to be elusive. Actually, what has happened in the real estate market is the exact opposite of the equity market. Where a switch has been snapped on with regard to stocks, with retail investors relentlessly pouring in money through SIPs every month; a switch has gone off in the real estate market. With practically no returns over the last three years, people have simply abandoned it as an asset class.
Prices may have to correct more. But, a bigger fundamental issue may be that the current generation of younger, salaried people don’t seem to have the same sentimental attachment to owning a home as their parents may have had. Earlier, a home meant security. Now, a more financially savvy generation has figured out that in a market of inflated prices and relatively low rental yields, it may just be prudent to keep renting, as opposed to owning.
Ownership, after all is notional. Whether your landlord owns it or your housing finance company does, is hardly material. One shouldn’t be alarmist and conclude that the housing market is dead for good. In time, it will recover but it is important to distinguish between a cyclical slump and a fundamental reset. We are in the throes of the latter. The way an average Indian buyer looks at a home may have changed.

Saturday, July 27, 2019

Lieutenant Colonel MS Dhoni to join Army's Para Regiment in Kashmir, will be taking on patrolling duties


Former India captain Mahendra Singh Dhoni will begin his stint with the Indian Army's Parachute Regiment from July 31 in Kashmir. Dhoni, who holds the honorary rank of Lieutenant Colonel in the Territorial Army unit of the Parachute Regiment (106 Para TA battalion), will be with the Battalion till August 15, which is also India's Independence Day. The unit is in Kashmir valley as part of the Victor Force. 
During his posting in Kashmir, Dhoni will be performing the duties of patrolling and guard and will be staying with the troops.


Earlier, news agency IANS on Thursday reported that Dhoni has already joined the battalion, which is headquartered in Bengaluru. However, India TV has confirmed that the 38-year-old World Cup-winning captain is yet to join the regiment.
Dhoni, who was part of India's 2019 World Cup team, was accorded the honorary rank of Lieutenant Colonel in 2011 soon after he led India to 2011 World Cup title.
Olympic gold medallist Abhinav Bindra and Deepak Rao, who is an Indian military trainer, were the other two people to receive the honorary rank.
Meanwhile, Dhoni had earlier made himself unavailable for Indian cricket team's upcoming tour of the West Indies, which includes three T20Is, three ODIs and two Test matches beginning August 3.

HIGHLIGHTS

  • MS Dhoni has opted to take on patrolling, guard and post duties
  • Dhoni will be deployed in Kashmir Valley as part of Victor Force
  • Dhoni had made himself unavailable for the West Indies tour to serve his regiment.

MS Dhoni, India's most successful captain, had made himself unavailable for the West Indies tour.

4 years ago, MS Dhoni became a qualified paratrooper when he completed 5 parachute training jumps from Indian Army aircrafts at the Agra training camp.
In India's first match of the 2019 World Cup against South Africa, MS Dhoni had donned the Balidan crest on his wicketkeeping gloves. However, the ICC said it was against rules and he removed the crest for India's second match of the tournament against Australia.

Thursday, July 25, 2019

8 Tips to Human Resource Management



HR management is a set of techniques used by companies to enhance the skills of professionals and achieve results. Learning how to manage human resources is vital to any business.What is the history of human resources management?

How can I apply it efficiently in the company?

In this content you will find tips on how to manage human resources to achieve excellence and the importance of HR management for achieving results in the company. There are a number of HR management techniques were available online.

Importance of HR management in the company

Creating a favorable environment and investing in the career of its professionals are some of the management techniques used by companies to keep their employees engaged.

Human resources management is a set of techniques used to maximize employees' skills and, consequently, to achieve results. The management and knowledge of its employees, individualising strengths and weaknesses, and seeking alternatives to exploit their talents is the right way human resources management. And knowing how to manage human resources is only possible when there is strategic planning behind. Taking a step without planning is betting on a blind investment, which differs totally from the goals of HR management.

Those responsible for human resources management need to have a macro view of the company and be able to measure the errors to be corrected, constantly striving for results.

In the view of these managers, the employee has a crucial role in the results and he will do everything to keep his professional motivated . Over the years, with constant changes, human resources management has followed a more humane profile.

How to manage human resources

If over time there were always differences of hierarchy, the focus is now on the proximity between commanded with superiors, leaders and managers.

This closer relationship among the professionals provided a greater chance of retaining an employee willing to fight for the company's goals. A bond of confidence was created between leader and subordinate, thus contributing to team performance.

But do you know how the evolution of human resources management has evolved over time? And what points are really important in planning a good organizational culture focused on human resource management?

To answer these questions and give tips on how to manage human resources, we have prepared a unique material for you to achieve excellence when managing your employees. Check below!

1. HR with less bureaucracy

The role of human resources goes far beyond bureaucracy . With a macro view of management, today's professionals need to get involved with projects in general. Delivering HR only to operational-level jobs is restricting the human resources management of professionals who are also responsible for keeping staff motivated, engaged and willing.

To think that HR is just about hiring, firing, making payments, and other bureaucratic processes is limiting your company's organizational culture , depriving it of growth in the marketplace. Human resource management depends entirely on good HR, which must be on the front line, working side by side with managers.

2. Hire the right people

Managing human resources first passes through a good admission process. It's no use having the best ideas if you do not have the best contributors to run them. It is essential to hit the hiring and for this you have to build the ideal profile for your positions. Hiring wrong is not only a waste of time, but it is also throwing money away. When hiring processes are poorly done, the chances of the turnover rate increase is very large, completely influencing the constancy of company results.

The role of human resources management in the admissions process is crucial. Managers and HR professionals have the responsibility to chart the right profile to choose the right person, thus minimizing the chances of mistakes.

3. Create a good organizational climate

Prioritizing the team's climate and environment in relation to the work to be performed is one of the priorities for managing human resources. Creating a good organizational climate encourages employees to devote more time to work and to strive together for goals.

When the environment is well-structured for employees to develop and put their skills to the task, the results appear constantly.

When the relationship between the professionals is respectful and friendly, everyone tends to be more motivated and consequently wants to stay in the company for longer.

4. Offer good training

Providing good training and skills is one of the tools to manage the most used human resources that can motivate and retain their talents. The employee who feels valued is always engaged to grow professionally and willing to help the company achieve results. When managers and human resource leaders recognize that their people have good qualities but can always evolve and grow with training, they are the true visionaries.

When you can plan strategically, in addition to routine day-to-day work, the company is able to invest its strengths in the best profiles so that they always act at a high level. For example, if a football player has a weak point to head, the more he train headers the better his chances of improving his ability. In this company is also the case, the more your employee trains and empowers, the closer to the excellence of his tasks he will be.

5. Delegate Functions Correctly

Learning how to manage human resources goes through a reorganization of tasks. Delegating a job to the right professional not only facilitates execution of the job but also speeds the outcome path. The good manager is one who knows the profile of each of his employees and knows what their strengths and weaknesses are. The companies that stand out most in the market are those that delegate the tasks correctly. Keeping in mind also what is priority is key, so you can chart the right strategy and choose the right professionals to execute them.

6. Be assertive in feedbacks

The human resources sector plays a key role in people management. When you set goals and goals for employees it becomes easier to allocate time for feedback .

But a large number of companies do not know how to manage human resources. Giving positive and negative feedback becomes a seven-headed animal, and some managers prefer to avoid mistakes so as not to create problems and disagreements with their collaborators. Good collaborator is one who accepts praise and criticism and seeks to improve all the time, this is the true talent. A good manager is one who is not afraid to give feedback, but who can safely and professionally report to his team what they need to improve. The big issue here is the operational strategies for measuring errors and for making more assertive paths for teams.

It is also essential that the human resources sector make no distinctions when it comes to giving feedback. Errors can be committed in any position and professionals need to be alerted. Constant feedback has become essential in business routines. Noticing an error and relocating staff the right way, while maintaining an open and transparent dialogue, can save your business results.

7. Teamwork is essential

Learning how to manage human resources requires teamwork. Both when it comes to strategic planning to create a supportive work environment for employees , and in the execution of tasks together.

When it comes to planning, it is very important that all sectors are working together. When only the HR sector has the responsibility of managing employees, ignoring leaders and managers, the chance to know the real results of their employees is often wrong, making corrections impossible. And when we talk about performing tasks, we never achieve satisfactory results when only one team member is engaged with the project. Once one of the company's gear professionals is not dedicated, the team is overwhelmed and results are compromised.

Human resources management is not a solitary job, but a dedication to the sectors that need to keep employees engaged. And of course a responsibility of the employees themselves, who must always be giving 100% in the workplace.

8. Adopt a management system
Adapting to market news and technology is the best way to keep up to date with process optimization and building a solid organizational culture. An efficient HR system not only transforms the company into the market, making it more competitive, but also contributes to the day-to-day bureaucratic processes. Selection processes, admission, payments and others become more agile and dynamic. But how to hire the system to manage optimal human resources? This decision requires strategic planning, because it is necessary to define the profile of your company, its employees, outline their needs and expenses.

Several technologies are available in the market. However, it is necessary to define which system best fits your organizational culture , so that the investment is well done and the cost-benefit is worth it.

Human resource management changes results

Managing human resources completely influences your company's bottom line. Treating your employees in any way, in such a competitive market, is like saying to them that you do not care about the work he does. To withdraw from the employee the feeling that he is important and fundamental in the team is to make a serious mistake in order to achieve results. The employee must be motivated, willing, engaged, and feel like a key player in the team. Managers and Human Resources need to challenge themselves at all times to build a supportive business environment. The great way of managing human resources is the one that gives the employee the possibility to develop personally and professionally in the company.

To think about

Faced with so many tips on how to manage human resources throughout this article, you may be wondering whether or not you manage your business well. And we invite you to reflect on the number of employees leaving in recent years, delays in job delivery and lack of results. If some of these points are below expectations and bordering on the negative, it is best to urgently rethink what type of human resources management you have been adopting.

Take your mistakes today and correct the ways by putting your team on the right track of results. Human resource training course were useful to optimize our skills.

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