DEVELOPING COMPANY CULTURE

DEVELOPING COMPANY CULTURE

Over the recent years we have witnessed a lot of startups transforming from small enterprise effort to larger companies and corporations. The success of the startup breads in the IDEA the business was set up to, but growing to larger scales brings in many more challenges. One of the few challenges we should discuss today is developing company culture or organizational culture in the enterprise.

The company culture defines the organizational behavior or the ethics, values, shared beliefs as visualized by the promoters or the leaders involved in setting up the enterprise. There exists the organizational culture as defined by the governing bodies or other Government regulatory authorities which are mandatory to accomplish to obtain the necessary permissions to operate, but there is more to it, when it comes in developing a healthy, progressive and transparent organisation promising equal opportunity to all the employees /contributors.

Continue Reading

WHAT IS VENDOR MANAGEMENT –DETAILED HERE

Vendor or supplier management is part of the procurement process involving selection of appropriate vendors, describing supply conditions, negotiating supplier contracts, quality bench marking of supplies and payment terms.

Vendor’s or suppliers are the most important part of production matrix in any operations, the set of standard operating procedures revolving around quality, goods inwards and procurement is collectively part of vendor management. The company runs with help of various expertise and other administrative needs and has to depend on different people, company’s in fields of IT , Human resources, third party marketing companies, Branding and advertisement etc for providing professional expertise and all of these come under vendor management circle.

Continue Reading