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Practical Tips for Event Planning Profs

Practical Tips for Event Planning Profs
Practical Tips for #Event Planning Profs – How to make an event memorable? It is always a treat to watch grand #events coming live. Be it a Soccer League, Oscar awards Ceremony or more of its kind. Watching it in person or on TV creates a feeling of awe in our heart, don’t they? Have you ever for a second thought how these grandeur events were coming alive or about the people who make these things happen? Honestly, “NO” would be the answer. Behind all of these and more, event #management professionals work untiringly to create the best experience possible for the guests, the celebrities, the #sponsors & stakeholders, and the spectators. Event management requires a set of professionals working together with complete understanding to co-ordinate a particular event in style and splendor. All the people involved in the team have one notion in common –that is to make the event a grand success. The event manager is like the captain of the crew and he should outline all the requirements of the client to his team with clarity. It is always the responsibility of event managers to perform over and above the expectations of the client to create a goodwill that will go a long way. Event Management has Become Inevitable: Event managers have become part and parcel of any industry – parties, entertainment, finance, government, retail, fashion, sports, and music. Did you know the anchors of some live shows that we dote are all products of event managers? It is a high tension environment and the glitz and glamour we witness is purely the result of the hard work they render in the back stage. Team, Team, Team… Though four or five people may form the core team, you need to do so many outsourcing jobs to complete the task. Say, you are a wedding planner, right from photography, video, food and cocktail to floral decoration, music and guests welcoming- so many things come under your forte. Imagine how many people you might need to successfully make that event happen! It is better to establish contacts with a trusted set of individuals who will never let you down even in a crisis situation. That you will find out from your experience. Creativity is the key Event Management is all about surpassing the expectations of all parties involved in the events. There are three ways to accomplish this: Arrangement of the events (design) The events have to be unique Should suit the taste of the client and his interests. Client’s Co-operation is more important  All said and done, the clients have to be clear in what they want- budget, ambience, kind  of events etc.,( In South Indian weddings, the girl’s side has a major financial stake in arranging the events, but the boy’s side has a better say over the matters. So it is better to know the taste and preference of the boy’ side before deciding on events. ) An event manager can never create what he imagines without the support of his team. At the same time he has to be at his best – negotiations between clients, suppliers and company, flexibility, quick thinking, lots of initiative and exceptional decision making. #EventManagement Events #PR...
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Best HR Apps For Your Business

Best HR Apps For Your Business
Best HR Apps For Your Business Development We all know how stressful a HR manager’s job could be. It is his department’s responsibility under his guidance to handle employee relations, payroll management, hiring and layoffs, rewards and remunerations, change and culture management. He can be compared to a mom who is always there to settle scores between son and father. Though the job is definitely tiring in nature, time has come for HR managers to heave a sigh of relief thanks to innovative HR apps that significantly reduces their workload.   Apps for Rescue There are now apps that can completely take care of payroll management, network communication, project management, monitoring workforce leave, recruiting and performance management. Think about it, how much of time will be saved if there is some technology that helps you in tracking the sales force performance metrics (especially in IT companies where there are hundreds of thousands of employees), attendance, payroll, etc., Today’s technological scenario is something to be awed at and not to be taken granted for. Small organizations should push themselves one step higher to leverage the functionality of innovative technology for their business development. Big Data – The Big Boss Data sits at the centre commanding all other entities to obey the rules laid by it. Even giants like Google can no more rely on their intuitions for decision making but rather go for numbers and information. HR is no exception when it comes to adapting new technology. Why can’t companies dare to use new software services – afterall nothing is lost! When you are in a situation to scale up your operations on one end and manage the tight competition on the other, yet you would not opt for a change!  That does not make sense in any plausible manner. Think Fast Act Faster Let me introduce you to some of the interesting and enterprising HR apps (free as well as paid versions) that will give some room for HR managers to go for a long pending vacation with their family! It is better to automate your HR functions and please, please think over and above MS Office. Orange HRM: OrangeHRM offers you flexibility and freedom to select from free and paid versions of OrangeHRM backed with specialized expertise. Their  HR modules cover core areas like payroll management, employee data management and many more. There’s the free option and paid enterprise version. And it’s all open source so if you have developers you can customize it to your heart’s content. App from Hay Group: Allows your managers to create job descriptions from a library of roles or generic templates defined by their experts, or you can completely start from scratch. Suggests the skills and behaviours needed for a role and gives feedback on job design so your managers know they’re on track. Expense on Demand: Expense On Demand will reduce the time needed to process expense claims by at least 50%. Claims are approved electronically and arrive in Finance department  fully coded, validated and approved ready to be paid. Bamboo HR: BambooHR combines  all of your employee information from all of your locations into a single view. You can then access, control, sort, analyze, and take action on the data instantly—from your office, the road or home. Kim Rohrer Head of People Operations / Disqus says “BambooHR frees up more time for me to follow my passion in helping people do their jobs better” Greenhouse: Make recruiting your competitive advantage through this app that optimizes your entire recruiting process. Find better candidates, conduct more focused interviews, and make data-driven hiring decisions. I’m listing a set of links for you to go, explore and...
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The Startup Guide for Entrepreneurs

The Startup Guide for Entrepreneurs
  Part 2 of this series is coming through….   Here’s another humble attempt to showcase India’s ‘Most preferred #Startups to work for’, startups that promise a great deal of work, value and learning to the professionals and freshers out there. 1. Ola – Founded in Jan 2011 by IIT Bombay alumni Bhavish Aggarwal and Ankit Bhati, Ola is not only India’s most popular mobile app for personal transportation, but also one of the most talked about ‘startups’ from India. Ola has also emerged as the top preferred startup to work for in our survey. The Billion Dollar Unicorn has surely caught the imagination of the young employable population. 2. Zoomcar – At No. 2 is another startup that is solving the problem of urban transportation. This self-drive car rental company raised $11 million from Sequoia Capital, Empire Angels and NGP, a week back. 3. FreeCharge – FreeCharge occupies the third position on the leaderboard. Earlier this year, FreeCharge was acquired by Snapdeal in one of the biggest M&A in the Indian internet ecosystem. 4. Freshdesk – It is encouraging to see a B2B startup occupying the fourth position on this list. Freshdesk is steadily appearing to be one of the best product startups built out of India. Perhaps a testimony to this was its latest $50 Million Series E funding from Tiger Global, Google Capital and Accel. 5. Housing – Unscathed by the myriad controversies surrounding it, Housing still manages to make it to the fifth spot on the ‘Preferred startups to work for’ list. The startup that is known for a ‘fun’ work culture has big bets placed on it by Softbank.  2015 has been a dream run for Indian startups so far.  The entrepreneurial spirit is at all time high with over $3.5 billion invested across 380 disclosed deals in the first of half of 2015. For the first time, Delhi-NCR has overtaken Bengaluru in terms of the number of deals. Of the total amount which has been raised by the startups, majority is being deployed for hiring talent, building technology and scaling up/expansion. Stress on customer acquisition is getting overshadowed by the pressure to hire brighter and smarter talent in a startup. Curated from These are India’s 15 most preferred startups to work for...
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Objectives and Principles of Plant Layout

Objectives and Principles of Plant Layout
Info on Objectives and #Principles of Plant Layout: Plant layout refers to the physical arrangement of production facilities. It is the configuration of departments, work centres and equipment in the conversion process. It is a floor plan of the physical facilities, which are used in production. A plant layout study is an engineering study used to analyze different physical configurations for a manufacturing plant. It is also known as Facilities Planning and Layout. Some Precise Definitions for Plant Layout: According to Moore “Plant layout is a plan of an optimum arrangement of facilities including personnel, operating equipment, storage space, material handling equipment and all other supporting services along with the design of best structure to contain all these facilities”. “Plant layout is the #arrangement of machines, work areas and service areas within a factory”. —George R. Terry “Plant layout involves the development of physical relationship among building, equipment and production operations, which will enable the manufacturing process to be carried on efficiently”. —Morris E. Hurley “Plant layout can be defined as a technique of locating machines, processes and plant services within the factory so as to achieve the greatest possible output of high quality at the lowest possible total cost of manufacturing”. —Sprigal and Lansburg “Plant layout ideally involves the allocation of space and the arrangement of equipment in such a manner that overall operations cost can be minimised.” —J. Lundy From these definitions it is clear that plant layout is arrangement and optimum utilisation of available resources in such a manner so as to ensure maximum output with minimum input. Objectives of Plant Layout: The primary goal of the plant layout is to maximise the profit by arrangement of all the plant facilities to the best advantage of total manufacturing of the product. The objectives of plant layout are: Streamline the #flow of materials through the plant. Facilitate the manufacturing process. Maintain high turnover of in-process inventory. Minimise materials handling and cost. Effective utilisation of men, equipment and space. Make effective utilisation of cubic space. Flexibility of manufacturing operations and arrangements. Provide for employee convenience, #safety and comfort. Minimize investment in equipment. Minimize overall production time. Maintain flexibility of arrangement and operation. Facilitate the #organizational structure. Principles of Plant Layout: Principle of integration: A good layout is one that integrates men, materials, machines and supporting services and others in order to get the optimum utilisation of resources and maximum effectiveness. Principle of minimum distance: This principle is concerned with the minimum travel (or movement) of man and materials. The facilities should be arranged such that, the total distance travelled by the men and materials should be minimum and as far as possible straight line movement should be preferred. Principle of cubic space utilisation: The good layout is one that utilise both horizontal and vertical space. It is not only enough if only the floor space is utilised optimally but the third dimension, i.e., the height is also to be utilised effectively. Principle of flow: A good layout is one that makes the materials to move in forward direction towards the completion stage, i.e., there should not be any backtracking. Principle of maximum flexibility: The good layout is one that can be altered without much cost and time, i.e., future requirements should be taken into account while designing the present layout. Principle of safety, #security and satisfaction: A good layout is one that gives due consideration to workers safety and satisfaction and safeguards the plant and machinery against fire, theft, etc. Principle of minimum handling: A good layout is one that reduces the material handling to the...
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What Does a Career in Accounting Demands for?

What Does a Career in Accounting Demands for?
Career in #Accounting Are you vying for a career in accounting field? Everybody envy accountants for there is a misconception that they are Demi-Gods. Though a good #accounts manager can act like one who can save you from a dire situation by manipulating the accounts skilfully, the demands and challenges in this field are too high to be savored. Purchase Your Copy of “Careers with a Degree in Accountancy and Finance” at Gumroad  So what does it take to become a reputed accounts man in your circle and also enjoy what you do! Self analysis is the best way to understand what you really want to be. There are certain traits characteristic to people belonging to this community. See if you are gifted with those attributes; if not, you can always train yourself to gain expertise. 1. Are you good at numbers– Mathematics, Yuck! If this is your reaction please quit reading this article as numbers play an integral role in accountancy. Figures, Figures and more Figures determine the profit and loss status of a company. If you are passionate about playing with numbers it goes without saying you are already a half #accountant. The thrill of taking control and handling numbers make or break a company. Jackie Mansion jocularly puts it – “Did you ever hear of a kid playing accountant – even if they wanted to be one?” 2. Are you a good listener and can you read between the lines? A good #auditor will allow the client to talk and listen to what he says. Then he tries to extract the exact kind of information he needs to make the ends meet. Empathy is an innate quality and if you are not going to be a good listener then please revise your consideration of becoming an accountant. Sometimes the client may not know what you wish to seek; it is your responsibility to frame simple questions in a language that he understands and pull out answers. 3. Can you avoid being temperamental? 90% of the time your clients are going to say “No” to whatever you suggest. Alas, it is not their fault; the corporate Bosses and CEO’s always aim big and most probably will not be aware of the consequences of their impulsive actions. They always think about clinching a deal and conveniently overlook the effects of their financial and corporate decisions on the account and subsequently on the accountant. For example cash has to be handled very carefully and every penny has to be accounted for properly.  A bank cashier will know the importance of #cash handling as it is very important for them to balance the inflow and outflow at the end of the day. For corporate firms, it becomes mandatory to reduce the cash dealings and account every transaction in the form of a check or electronic transfers like RTGS or NEFT or EFT. The point is, you should have the nerve to talk to a company’s head if he is planning for a bad move and suggest what could be done for the good of the company (#Income tax and Sales purposes). 4. Are you wise when it comes to choosing clients? Whether you are a part time practitioner, Full time accountant, Accounts manager or Free lancer, do your homework before accepting the offer. Ultimately you need to see your payments coming through and nobody works here for a song. Big practitioners take a big cut half yearly or annually but if you are a part time accountant, it is always better to go for monthly payments or get paid after the completion of individual project s. 5. Are you updating yourself...
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