From the Editor's Desk Why do some teams perform better than others? This is a question that all of us have been bothered with at some point. Google decided this was important enough a topic to commission an in-depth study on. Pulitzer-winner Charles Duhigg (also the author of the fabulous 'The Power of Habbit') digs deeper in this extract from his new book. The study concluded that what mattered the most was not the individual skill levels of the team members, or the personality types or backgrounds; what mattered most was how 'psychologically secure' the team members felt. If team members felt respected and not judged, the entire team performed better. It didn't matter if members were extroverts or introverts or if the discussions were formal or informal. Equality of 'conversation turn-taking' mattered, which again was a reflection of how secure each team member felt in the group. Now that's some food for thought - Comment
Consumer: window shopping, anybody? There is a marginal relief for small taxpayers, apart from an increase in outgo for high-income earners, but it does little to boost discretionary consumption spending
Govt expects Rs 55k cr from telecom spectrum bid The government has budgeted Rs 55,000 crore for telecom spectrum auction in 2016-17, while the total revenue from communication services has been pegged at Rs 98,995 crore.About Rs 22,000 crore would come from license and spectrum fees levied by the
How to be truly effective in gaining support for your ideas and implementation strategies with franchisees The New Year is a perfect time for setting intentions and creating the building blocks for a successful year ahead. As a franchisor, prosperity is a wonderful vision to have. But what does it mean if you are the only person on the journey? Effective communication and supportive relationships with your franchisees are the keys to unlocking this positive vision. To bring a system safely to destination success you need to include your colleagues and engage them in collaborative practices.
Equalisation Levy on Online Advertising : Union Budget 2016 by Pallav Narang, Arkay & Arkay (Chartered Accountants) Online advertising spends in India have risen on account of greater digital penetration and increased use of the web as a credible advertising medium. The biggest beneficiaries of the increase in this expenditure have been online adv
The World's Richest Sports Team Owners 2016 There are 63 billionaires who own a franchise in a major sports league around the world. These men and four women own 81 teams across 12 sports leagues and are worth $285 billion collectively.