Altruism - The New Age Organizational Culture.

Altruism or selflessness is the principle or practice of concern for the welfare of others. Altruism is, our moral obligation to bring benefit to customers.

Research shows generosity at work is a strong motivator that spurs increased productivity and creativity. Helping others, it seems, helps us. The greatest untapped source of motivation is service to others.

Maybe that's why there is research suggesting that the first instinct of humans is to contribute to the greater good at their own expense. We're wired to do what motivates us to do our best.

Thus we include this as part of our advisory to clients to enable them to achieve increased performance.

Engage the employees in achieving your organizational goals.

'HOW' - A Global Report on Sustenance of Success for Organizations Tomorrow.

Culture as a conscious, deliberate, long-term strategy can be the key to sustainable differentiation and success for companies in the 21st century.Companies and leaders who pioneer and forge ahead on a genuine journey of governance, culture, and leadership are the ones who will be around in the 22nd century.

Self-governing organizations outperform other types of organizations across every important performance outcome, including:

• Higher levels of innovation
• Employee loyalty
• Customer satisfaction
• Lower levels of misconduct
• Superior overall financial performance

Trust, shared values, and a deep understanding and commitment to a purpose-inspired mission are the three fundamental enablers of the self-governing behaviours that produce competitive advantage and superior business performance.

RAGS TO RICHES!

MSME’s - The backbone of Indian Economy.

• India’s macro economic growth is centred on MSME sector which plays a dominant role in contributing towards national output, employment generation as well as exports.

• We have 32 million MSME units in India generating 80 million jobs as of FY12-13 delivering 45% of national output and 36% of exports.

• MSME sector has the potential to emerge as the engine to take the economy to the desired destinations of
  • Globalization
  • Employment generation
  • Equi Distribution of Income
  • Acquiring competitive edge
  • High rate of economic growth

• Towards meeting the growth rate of 8%, on a sustained basis, it is imperative for the industrial sector to grow at a faster rate supported by vibrant MSME sector.

• SME’s in the present form and structure are not prepared for the shift in growth. Very few thousands, on a base of several million units of MSEM’s, manage to achieve scale. This has been predominantly on account of lack of access to operational and intellectual excellence.

• SME’s should enforce Value based growth model which will enable them to achieve sustained happiness.