June 2018

Despite many popular opinion, you don’t have to be the smartest person in the room to get ahead. In fact, a college degree and certification isn’t even a requirement. Anyone with strong veryambition can succeed within corporate, as long as they have the drive and desire to accomplish great things.Useeasy  tips can help you to advance your career to the new level, while gaining more knowledge, experience and political clout within your organization.www.iibmindia.in

Corporate Opportunity

More opportunities available to you, the better. For example, a well growing company is dependent upon different types of managers to implement its strategies in company, whether introducing new products, expanding into new geographic territories, or capturing a larger market share etc. On the other hand, well established companies that already dominate an industry may have slower career paths, but may provide valuable experience and security for those willing to wait for their turn in corporate leadership

Smile

While just showing up gains you some points, coming to the work with positive attitude may helpyou  to further separate you from the pack. No one wants to work with a sour puss. So going gets tough to everyone, give a smile, don’t complain about things and keep your negative energy to yourself only. This, too, can make a positive difference in your career.

Extraordinary Achievement

Promotions are not just the outcome of visibility what you work, luck, or sponsorship. If your work habits, responsibility, capabilities, and track record are not exceptional, you are unlikely to get the rewards and profits you seek.  So if you want to get ahead in your life you have to bring something to the table besides “ordinary.”

Some people are extraordinary or unique because they achieve an unlikely and unexpected result in a single instance – for instance, the super-salesman who breaks a long-standing sales record, the engineer who designs a new product, or the production manager who significantly improves quality without cost increases.

Do Your Homework

The best investment that you can make in to enhance your career is to put in the effort needed to become an expert in your chosen field. Don’t be afraid to put yourself  in some extra time in your off hours to research and learn all that you can about the work that you do.

There are opportunities in just about every field. With so much potential and so much experience to be gained, of course you’d want to join the action. But should you really join a startup? Startups are expanding  in large numbers in India. Apart from introducing everyone to new innovations and ideas, they are also employing numerous people from diverse domains, especially the young youth. Experienced people, particularly from the consultancy sector, are opting to work in startups

Loads of opportunities

A startup may not pay as well as a comfy corporate job. However, there are other benefits. Some of  attaining new skills while doing various tasks. Gaining that experience which will compensate for the pay cut in the long term. In a corporate job world, one is stuck in his own tasks and has fewer chances to branch out into other fields. It is structured but it is monotonous too. Doing different things is definitely exciting.www.iibmindia.in

More responsibility

Working at a startup probably means you are part of a small team, most likely in the single digits. Because of having such a small team, there is probably nobody else is having skills in the company who has the same skillset as you, approaches problems in the same way you do, or even thinks the same way you do.

Better recognition

Working in a startup can be tough and hard with a heavy workload and busy schedule to tackle all the things together. However, that hard work often pays off, getting you the recognition what you truly deserve.

Your ideas and expertise will be valuable to that company, and every decision you will make is visible to the whole team you work with. If you are someone that enjoys a challenge in your life, you will find working at this type of business very rewarding.

But be warned, you might find that your mistakes are more easily noticed, and you will face more criticism for poor work performance more quickly.www.iibmindia.in

An Environment of Innovation

One of the most rewarding things about startups is that you can find yourself working with a team that is highly passionate and enthusiastic which will help you to lead. This can spark inspiration on every level, leading to truly innovative ideas and developments that will help the business stand out against competitors in the greater industry.

Being part of an entrepreneurial team is also a innovative  way to learn how to innovate it. Entrepreneurs are great people to learn from — they identify a problem easily and need to find a new efficient way to solve it.

A competency based interview is where the interviewer uses specific questions to discover your key competencies and skills, with each question asking you to describe your behaviour in specific working situations, backed up by real-life examples. For more information, check out our guide to competency based interviews.
Your interview at Deloitte can take from 1 to 2 hours, though it usually lasts about 75 minutes. You will be interviewed by a manager from the department you’ve applied to. All interviews are standardised; the interviewer will read out prepared questions and record your responses.
Why Deloitte?
Always Use Example in your Interview, and this is no different. You can increase your commercial awareness and career motivation by giving a couple of examples about what Deloitte is currently doing.
Show that you have thoroughly researched the about the company details – Refer to Deloitte’s annual turnover or first quarter results doesn’t really say very much and won’t make you stand out from the competition. You can still cite these results, however, as long as you talk about what they mean. Think about other recent developments – for example, how will Deloitte’s recent acquisition impact the firm’s consulting business? Explain how these developments are relevant to you and your interests.
If you were running Deloitte for a day, what would you do?
Deloitte is looking for someone who can make and implement clear decisions, and has exceptional planning and organisational skills. You will likely face follow-up questions that challenge your opinions; your interviewer will play Devil’s advocate to make sure you have considered things from every angle.
You could suggest, for example, that you would identify a number of areas for the business in the technology sector. If you gave an example, you would have to consider the potential impact on Deloitte’s other geographical markets and additional service lines, as well as the long term impact on business development in these areas.www.iibmindia.in
Assuming that you are selected, what will be your strategy for next 60 days?
If I am selected for this position, I’ll use my initial 60 days in understanding my role carefully in terms of the contribution to the business and increasing the overall profitability. I’ll sit with my line manager and other juniors to understand what has already been done and what its impact has been. From there on, I’ll formulate my strategy to growth in close conjunction with managers and see that it is properly implemented.
How would you improve upon our product/ company?
Since I will be coming from an altogether new environment, I am bound to possess a new perspective towards everything here including the company, product, customers, environment, strategy etc. This will enable me to constructively question things which anyone else here might not do. This will help in improving the things and making the product & company better. Having worked closely with product development team I understand how the research for product development is carried out and how is customer requirement analysed; I’d be able to provide a value addition there too.

Some believe certain people are born leaders. Others think an individual can learn to be a leader. Regardless of how you may feel you obtained your leadership skills, there are always ways to enhance your abilities. This list of suggestions may inspire you to reevaluate your leadership abilities and address any issues you find need improvement.
Which leadership style should organisations adopt?
In such a dynamic scenario where managing and retaining talent is a challenge, one should follow participative form of leadership style. Leadership is not just about being passionate for what you do but also about inspiring others to step outside their comfort zones, take risks and perform to the best of their capabilities.
Communication
As a leader, you need to be able to clearly and succinctly explain to your employees everything from organizational goals to specific tasks. Leaders must master all forms of communication, including one-on-one, departmental, and full-staff conversations, as well as communication via the phone, email, and social media.
A large part of communication involves listening. Therefore, leaders should establish a steady flow of communication between themselves and their staff or team members, either through an open-door policy or regular conversations with workers. Leaders should make themselves regularly available to discuss issues and concerns with employees.
Delegating
Leaders who try to take on too many tasks by themselves will struggle to get anything done. These leaders often fear that delegating tasks is a sign of weakness, when in fact it is a sign of a strong leader.www.iibmindia.in
Therefore, you need to identify the skills of each of your employees, and assign duties to each employee based on his or her skill set. By delegating tasks to staff members, you can focus on other important tasks.
Creativity
As a leader, you have to make a number of decisions that do not have a clear answer; you therefore need to be able to think outside of the box.
Learning to try nontraditional solutions, or approaching problems in nontraditional ways, will help you to solve an otherwise unsolvable problem. Most employees will also be impressed and inspired by a leader who doesn’t always choose the safe, conventional path.

Professionals who are looking to start a career in quality management, Six Sigma or Lean Six Sigma are the few certifications that pop up in the mind. Six Sigma and Lean Six Sigma are two different tracks, which often leads to the confusing question – which certification is the best-suited for you? This article will help you to understand the difference between Lean Six Sigma and Six Sigma.

What are the belts?

The generally accepted Six Sigma Belts are Green, Black and Master Black(although some organizations also have white or yellow belts). Unless required by an internal policy, a Green Belt is not required in order to get a Black Belt. There is a wide variation in job duties of the various belts. In general, Green Belts work on Six Sigma projects as a part of their job. Black Belts are the project managers and may only work on Six Sigma projects. The Master Black Belt is the highest level of Six Sigma – they mentor and train others, consult on projects, and can be involved in strategic level work. Black Belts and Master Black Belts can move to different industries and do more soft skill and change management type work in addition to using deeper technical skills.

Lean Six Sigma (LSS) covers the basics of Six Sigma and is augmented by a set of industry proven philosophies, methodologies and tools for driving a cultural transformation focused on reducing and eliminating waste. Outside third-party experts – “Lean Senseis” – can provide companies with unbiased advice and coaching on Lean. Industry specific courses are offered for LSS certifications.

Six Sigma vs Lean Six Sigma

Though there are not many differences between the approaches in Six Sigma and Lean Six Sigma, let us look at the main areas where they both stand out to be distinct:

The main difference is that Lean is a philosophy and Six Sigma is a program. Six Sigma does not attempt at organisational culture change while Lean attempts at reorganising the culture and behaviour among the employees. Thus, Lean Six Sigma is both a program and a philosophy that attempts both.

The focus in Six Sigma is the elimination of errors or defects, which can hinder the ability to deliver high-quality services. The idea of Six Sigma is to reinvent the process so as to limit the process variations to 3.4 defects per million

Lean Six Sigma focuses both on the elimination of waste and speeding up of the process. There are 8 type of wastes according to the lean system: Waiting, Overproduction, Rework, Motion, Over Processing, inventory, Intellect and Unnecessary. It works to reduce the process variation, resulting in a quicker cycle of iterative improvements. www.iibmindia.in

Compared to previous generations, millennials expect bigger jumps in compensation and are more likely to job hop. So, much like their counterparts elsewhere, those in accounting or finance are probably weighing the opportunities they have to move to a new company versus the opportunities for advancement in their current post.
While it’s doubtless important for everyone to take stock of the marketability of their skills and experience, millennials should evaluate – and make the most of – what’s possible internally before they decide the grass is greener elsewhere. www.iibmindia.in
Discuss external and internal career opportunities:
Your manager may already assume you’re a “job-hopper,” simply because of your age. When he or she was your age, career paths resembled ladders, and finance employees “paid their dues” by putting in a certain number of years at each rung. But the flatter organizational structures that formed in the aftermath of the 2008 financial crisis are here to stay, and career progression through promotions is more difficult.
Think of your career as a series of experiences:
The most optimistic and intelligent way to look at your career isn’t how long you stay with one employer or that you focus on what you majored in at college. You need to collect experiences throughout your careers, whether that be with five employers or ten, with one business function or five or in one country or three. The idea is that you need to be a lifelong learner if you want to make an impact, succeed and feel accomplished. The experiences you have expand your world view, give you new perspectives and make you a more interesting person.
Take risks early and often in your career:
One of the important lessons this economy has taught us is that not taking risks is risky. There is so much out of our control and if we just keep doing what we did yesterday, we can’t get ahead. By taking a risk, you are putting yourself in a position to learn, whether you succeed or fail. You’re also showing to your management that you’re willing to put your reputation on the line to make things happen. As we become an ever more entrepreneurial society, those that take risks, both inside and outside of the corporate walls, will become more successful.www.iibmindia.in

Social media promoting suggests that the method of gaining the traffic on the website or the attention through Social Media sites.The social media is the wave of the activist campaign in the top named social media network.There are different social media sites like that Facebook, Twitter, Linked-in, Google+ and YouTube etc. The social media is the way to activist campaign with a lot of attention because of social media a sign of success and real impact today. It is clear that social media are playing the important role in the marketing to the ads.www.iibmindia.in

Why people share information

It revealed the motivations that participants cited for sharing information on social media. These include a desire to reveal valuable and entertaining content to others; to define themselves; to grow and nourish relationships and to get the word out about brands and causes they like or support.

These factors have caused social networks to evolve from being a handy means for keeping in touch with friends and family to being used in ways that have a real impact on society.

Social media is being used in ways that shape politics, business, world culture, education, careers, innovation, and more.

Have you also thought of learning Social media? Here’s our Social Media Course preview you can check: Click here.

The impact of social media on society

Almost a quarter of the world’s population is now on Facebook. Because social networks feed off interactions among people, they become more powerful as they grow.

Thanks to the internet, each person with marginal views can see that he’s not alone. And when these people find one another via social media, they can do things — create memes, publications and entire online worlds that bolster their worldview, and then break into the mainstream.

The rise of social media means it’s unusual to find an organization that does not reach its customers and prospects through one social media platform or another. Companies see the importance of using social media to connect with customers and build revenue.

Businesses have realized they can use social media to generate insights, stimulate demand, and create targeted product offerings. This is important in traditional brick-and-motor businesses, and, obviously, in the world of e-commerce.

While it’s important to prepare yourself for skill, behavioral, and talent-related interview questions through practice, hiring an interview coach, or participating in the tutorials and interviewing training program offered by Big Interview, it’s equally important to get ready for the money question that is sure to surface at some point during the interviewing process.

Answering the consequential salary expectations question the wrong way can cost you a job offer. It can also put you in an untenable situation by forcing you to consider a job at a less-than-desirable salary.  After all, in some circumstances, the only thing worse than failing to get a job offer after an interview, is failing to get an offer that’s sufficient to support you and/or your family.

What are your salary expectations?

“Before answering this question, I would like to understand this job position and the expected responsibilities better. I would also like to know what is expected from me while I work here. As I have been working in a similar position for the past few months, I can gauge what my worth is. It is obvious that a person working in this position has a bigger role to play. I certainly believe that I would be offered important tasks. Then we can settle down on a certain figure later, I hope.”

Were you satisfied with the salary you were making earlier?

To gain satisfaction is first job of every individual. And this is also true that when one grows in life She/he will like to bring quality in life and money is required at many place to enhance the quality of life and some money is always required for the future safety of Life.

What do you think you can make with this job?

“Well I read the job description and noticed that you emphasize direct team leadership in this job. In my last role I managed a fulltime team of 7 employees so I feel I’ll immediately be able to come in and start leading effectively. Do you want me to go into more detail?”www.iibmindia.in

Would you consider taking less pay than you made in your last job?

Before answering this question, or any other question in an interview, one needs to understand the purpose with which the question is being asked. Most likely this question may be asked by interviewer (other than the HR interviewer) to judge candidates ability to handle such unexpected questions and situations. HR may also even ask this question of a candidate (who they want to hire) to judge whether a candidate has rightly declared his salary. There are multiple ways to reply to this question.

If you’re looking for a job, you know how difficult it can be to catch an employer’s attention. In today’s job market, you often need to show more than just the required qualifications to get hired. But what else do recruiters look for in potential employees? Read on to find out some of the qualities that make the biggest impression on recruiters.www.iibmindia.in

Commercial awareness

This is about knowing how a business or industry works and what makes a company tick. Showing that you have an understanding of what the organisation wants to achieve through its products and services, and how it competes in its marketplace.

Leadership

Leadership is the action of leading people in an organisation towards achieving goals. An influential leader plays is an asset for the organisation. He sets a vision for the organisation, motivates employees, guides employees through the work process and builds motivates.

Perseverance and motivation

Employers want people to have a bit of get-up-and-go. Working life presents many challenges and you need to show employers that you’re the kind of person who will find a way through, even when the going gets tough… and stay cheerful-ish.

Social media experience

In addition to having experience managing social media for a company, Vice President, this qualification to include the necessity that “candidates have an established online presence.” A polished and well-packaged digital voice will add to your candidacy. You want to be a part of the conversation and this is one of the easiest ways for the hiring party to screen your writing and creativity before deciding whether to meet you.

Content strategy

Candidates who can help a brand or an organization better tell their story and engage with customers online bring experience that is highly valued right now. As companies seek to be their own publishers, they need to make hires who know how to create and curate content.

There are, of course, many other areas of expertise that hiring managers are looking to identify. This is just the short list of criteria we are asked to look for most often. We would encourage you to strengthen these skills and consider how you can frame the experience you do have around these core qualifications.

Career planning is not an activity that should be done once — in high school or college — and then left behind as we move forward in our jobs and careers.

Rather, career planning is an activity that is best done on a regular basis — especially given the data that the average worker will change careers (not jobs) multiple times over his or her lifetime. Know that no matter stage you’re at in your career, it’s never too late to start your career planning.

The first steps to take when thinking of changing career:

“Your starting point is to really think about what’s important to you in a career. What sort of working environment do you think you’ll be happy in? What energises you most work-wise? And what do you naturally love doing and are good at? All these questions will help you to identify some possible avenues. Spending a bit of time thinking about yourself and what fulfills you will help you to make the right choices.”

Map Your Path Since Last Career Planning

One of your first activities — whenever you take on career planning — is to spend time mapping out your job and career path since the last time you did any sort of career planning.

While you should not dwell on your past, taking the time to review and reflect on the path — whether straight and narrow or one filled with any curves and dead-ends — will help you plan for the future.

Once you’ve mapped your past, take the time to reflect on your course — and note why it looks the way it does. Are you happy with your path? Could you have done things better? What might you have done differently? What can you do differently in the future?

Identify the skills you need to have

Next, look at job postings for the position you want to have. What requirements are listed? Remember, you don’t need to have every requirement listed on a job posting to apply—but there are some that are often deal-breakers. You may need to take a class or get a degree. You may need to take a salary cut and start at a lower-level position than the one you’re at currently. Or, you may need to think of creative ways to add experience to your resume, such as taking on a volunteer position that allows you to learn new skills.

Use all of this information to create a timeline and to-do list for your transition to new work—this may involve taking classes,www.iibmindia.in

Never Stop Learning

A proven way to advance in your career is to be continually acquiring new knowledge. Stay on top of trends or developments in your field and make sure that your current resume reflects those needed skills. Take specific actions to improve your skills. Look for opportunities for training. Read books. Read blogs. Make an effort to learn new skills and practice them as much as you can in your current job. Always remember these words “If you are not moving forward, you are moving backward.”