Time to Transform Banking in the Middle East
The Central Bank of Bahrain has announced its plans to launch the first phase of the national electronic wallet next month (Link). The eWallet will truly revolutionize the way banking is conducted in Bahrain to both the banks and customers. Customers will be able to...
All summed up in Culture
An organizational culture is the sum total of all I have discussed in my previous posts. It is the product of your people, your policies, and the way your organization does business. Before you can define your organization’s culture, you must understand what a culture...
Employee Burnout
Everyone agrees that employee turnover is disruptive and expensive. The Society for Human Resource Management estimates the total cost of turnover can be as high as 200 percent of annual salary. Then consider that half of employee turnover is due to burnout....
Promotions
Promotions may be the most misunderstood aspect of management. While promotions create motivation and engagement, and demonstrate recognition of individuals, they are not just a reward for good performance. A promotion is the process of adding more responsibility to...