LEADERSHIP STABILITY IN CHILD WELFARE

Ms.K.Sindhuja-Assistant Professor Department of MBA , SANSAC

“A leader is one who knows the way, goes the way and shows the way.” – John C. Maxwell

Families are the essential constructing block of our species. Regardless in their length or composition, our own circle of relatives need to be wherein we belong, wherein we will exhale and launch our complete selves. In any own circle of relatives, we realize we are able to enjoy loss, and we count on to bury our elders. While those deaths are sad, we realize such loss is the character of life. But while our households bury a infant or lose a cherished one abruptly, we enjoy a completely unique type of grief. We war to make experience of the loss; it leaves a touch much less folks to offer to the world.

Families are center to the paintings of any infant welfare or infant offerings organization. Yet those groups additionally feature as “households” – households that undergo excessive stories below extraordinarily hard circumstances. That consists of mind-numbing bureaucratic processes, backbreaking reminders once they make a mistake or fall out of compliance, and the soul-crushing enjoy of witnessing a number of the worst matters humans are successful of.

There is a few debate whether or not a few youngsters are “born leaders” or they “learn how to be” leaders. All youngsters have the capability to increase management abilities. Leadership improvement may be a lifelong process. As adults, we will train the abilities essential for youngsters to tackle management roles now and within side the future.

Teaching children how to be a leader at a young age will help children deal with peer pressure in the teenage years. Being a leader is not an exact science, but teaching children the skills needed to be leaders are important to help prepare the next generation to take the lead and become responsible adults.

Families should  pave a way to the young mind to bring out the Leadership quality amomg child which is much needed for the welfare of the child.

“If your actions inspire others to dream more, learn more, do more and become more, you are a leader.” – John Quincy Adams

Metaverse

• Dr.K.ThirugnanaSambanthan, Asst.Professor, Department of MBA, Sankara College of Science and Commerce.

With the growth of technology, the universe is in our hands, you can interact with anyone from anywhere at any time.  Individuals can connect with anyone using social media.  The next development related to this type of technology is Metaverse.  The term Metaverse was coined by writer Neal Stephenson for his science fiction novel “Snow Crash” in 1992.  Stephen Spielberge created a movie named “Ready Player One” in the year 2018. Online games like Fortnite and Roblox uses Metaverse concept.  Metaverse refers to shared virtual world environments which individuals can access using the internet. Metaverse is a combination of the words Meta and Universe. It refers to digital space which uses virtual reality (VR) or augmented reality (AR), 3D Technology, online gaming, social media and cryptocurrency to create a lifelike model or virtual living environment.  Currently many virtual worlds are existing online but users cannot currently move between them while retaining their identities and assets. The ultimate metaverse could solve this problem, turning incongruent online worlds into a single, unified entity. It has even been dubbed as a next evolution of the internet.  Facebook has invested $10 billion to build Metaverse computing platform.  Facebook cofounder Mark Zuckerberg has said “Metaverse is a major area of investment for us and an important part of our strategy going forward. Our goal is to help the metaverse reach a billion people and hundreds of billions of dollars of digital commence this decade,”

The major drawback of this technology is it will reduce human to human real time interaction.

Management lessons from world of sports

Dr. Priya .K, Head of the Department, Department of MBA, SANSAC

            Recently everyone would have watched IPL Match, Olympic and para-Olympic 2020 and enjoyed watching the game.Sports is not just a game but it imparts several management lessons which can be inculcated in our organisation.

• In sports the team that builds trust, transparency, continuous practice, innovative thinking achieves the goal. So likely the organisation has to build trust among the employees to win any challenges.
• Success in sports is celebrated by everyone even though one player has achieved the goal. The management lesson we can learn is congratulate the team  during their wins and forgiving them during their loses.
• Every sports person comes across failure in his career but doesn’t make him stop playing. The lessons we can learn is that never give up during failures as failure is a stepping stone to success.
• The success of a team depends on the well-executed plan and strategy right from the starting of the game. The lesson we learn is that every organisation must plan a strategy communicate it and execute in a similar way.
•  In sports your attitude is more important than your talent as a person with negative attitude makes him arrogant, lazy, over confident etc. However, a positive attitude sets you to the success path.
• There are no shortcuts to success either it may be a game or a business. There has to be a lot of hard work, effort, discipline to achieve the goal.

A strong commitment, continuous improvement, hard work, dedication are the common traits followed by world of sport. These are the few lessons that today’s corporate can learn from the world of sport.

Intelligent retrieval service centres to challenge Logistics Company in customer service

Ms.Susan, Asst. Professor, Department of MBA, Sankara College of Science and Commerce

The rising popularity of online shopping due to Covid-19 concerns, exciting rewards & discounts, and the festive shopping vibe, the combination implies that logistics companies have some busy days ahead. Therefore, the logistics companies are already doubling down on their effort to ramp up their workforce and deploy digital solutions that bring operational visibility and efficiency. Besides backend operations, an essential aspect for logistics companies to engage with customers before, during, and after their package is in transit, writes Dr Rashi Gupta of Rezo.ai

Customers would have a crave to  know about the status of their consignment, track their consignment and would  envisage their purchase, failed delivery assurance, barriers in the transportation  and the like…

To resolve these issues, logistics companies depend on customer service centres. Where customer care fraternity will be engaged in assisting customers by mails, calls and so on. They find themselves in trouble, in tackling communication and also in providing optimal customer satisfaction, because of the voluminous delivery in this festive season. All these difficulties can be tamed by incorporating AI solutions in the service centres. With AI-powered intelligent automation, interactions with the customers become fast, easy and error free. Ample amount of data can be transmitted to the customers and few advantages of these Automated AI powered Contact centres are:

Quick Response: As the contact centres are equipped with AI-power intelligent automation voluminous data can be handled with proper and quick responses. Package which are missed can be retrieved very faster and customers need can be met assuredly.

 Explicit Answers: Sometimes humans commit mistakes because of over pressure and continues monitoring etc. They will not be in a position to deliver proper answers to customers, but AI powered intelligent automated customer service centres will have the appropriate answers with their data analysing capability and accurate delivery mechanism. It builds trust among the customers

Some of the queries are directed to the executive in the customer centres and they clear their queries. These sorts of conversation would create an intimacy and a better understanding among customers and will also help to retain the customers and capture the market easily. 

DELAYS IN LITIGATIONS: REASONS AND SOLUTIONS

Sethuram.S ,Professor, Department of MBA, SANSAC

Often, one comes across statements from the Courts and Government that there are several thousand cases that are pending in the Courts. One wonders why such delays are happening.

While there are many causes for such delays, one of the reasons is there are fewer Courts when compared to the huge population of our country. There are many litigants filing cases every day. Because of inadequate number of Courts, cases get piled up in the existing Courts. The Government needs to address this problem by establishing more number of Courts.

Another cause is that, the delay in filling up of judicial vacancies. There are many vacancies in various Courts and Tribunals across India. As a result there is delay in deciding the cases. There are adequate number of suitable lawyers in our country who can be appointed as judges. The Government needs to solve this issue, by promptly filling up the vacancies in the Court.

The litigants are also a reason for such delays. For example, in disputes between a landlord and tenant, the tenant will try to prolong the litigation by seeking adjournments. Similarly, in a debt recovery suit filed by the Bank, the debtor will try to delay the proceedings by seeking time citing various reasons. The litigants have to behave as responsible citizens and should cooperate for early adjudication of disputes.

There are also few Lawyers, who seek unnecessary adjournments of the cases due to various reasons. In this way, such Lawyers are also responsible for the delay in deciding of cases. They need to be adequately trained and advised not to seek unnecessary adjournments. Lawyers should also avoid court boycotts / strikes. Being the most important stake holders, they need to cooperate with the courts, in arriving at early resolution of disputes.

The Judges also have to be strict while granting time to the litigants and should make adjournments only when it is absolutely necessary. This will pave way for speedy disposal of cases.

The Courts in India, particularly lower judiciary lacks adequate infrastructure. The lower courts needs to be fully digitalized. Enough buildings are to be constructed. Adequate court staff need to be appointed. More number of courts are to be established. Only then, pending litigations at the lower courts can be reduced. Though this involves expenses to the Government, considering the importance of the subject, the Government should allocate funds and carry out the works promptly in the infrastructure front.

The general public and the businesses, should avoid filing unnecessary cases. They can resort to alternate dispute resolution like Arbitration and Mediation. In this way, they can get the disputes sorted out quickly and also there will be less burden on the courts.

Thus by the contributions and cooperation between the bar, bench, litigants and the government, speedy justice can be rendered and the large number of pending cases can be disposed.

*****

EDGE COMPUTING

• Dr.K.THIRUGNANASAMBANTHAN, Asst.Professor, Department of MBA, SANKARA COLLEGE OF SCIENCE AND COMMERCE

According to Gartner “Edge computing is a part of a distributed computing topology in which information processing is located close to the edge where things and people produce or consume that information”.  Edge computing is a distributed computing framework that transports enterprise applications closer to data sources such as IoT devices or local edge servers. This closeness to data at its source can deliver strong business benefits: faster insights, enriched response times and better bandwidth availability.

Edge computing is changing the way data is being processed and delivered across the world.  This network technology is used by 5G Technology on Robotics, Self-driving cars, Artificial Intelligence and others.

The biggest benefit for a company which uses Edge computing will be faster processing of data, it saves manpower and time.  Normally data from cctv cameras are sent to cloud servers where motion detection system is applied to monitor all places where motion is detected, with the availability of edge computing cctc camera can use motion detection system in internal computer and only filtered videos will be forwarded to cloud so it saves bandwidth and removes latency. 

Edge computing saves lot of money since cloud and more bandwidth usage cost more, this technology reduces usage of more data. The benefits of Edge computing are Speed, Security, Scalability, Versatility, Reliability etc.  Edge Computing is the next generation technology.

ROBUST HEALTHCARE SYSTEM FOR POST PANDEMIC PERIOD

Prof. V. Vidhya

Assistant Professor

Department of MBA, SANSAC

The Learning from Pandemic has led us to realize the importance of building a perfect healthcare system to our Nation. This is the right time for all of us to understand the need and act accordingly to enhance the Indian Healthcare system. Still in many rural areas there is very poor Primary health centers and still people are suffering for proper healthcare needs. It is true that in cities we can find many sophisticated corporate hospitals to fulfill the health needs for the people. Yet the Corporate sector should change their approach to establish their healthcare centers to rural areas also. The healthcare sector should be prepared to handle another outbreak in future.

Making patient centric rather than facility centric

The healthcare sectors should concentrate on taking care of patients healthcare needs rather to spend on their upliftment of infrastructure. Patient centric hospitals will attract more people for their health need by that it facilitates more coordination and collaboration among healthcare providers. The rural healthcare system should be upgraded so as to help the rural population to utilize the facilities in an effective way

Data interoperability

In the post pandemic era the data interoperability will pave way to share the health data among institutions to assess the future health needs. It is also important that the data security, privacy and integrity should be taken into account while it is been shared among the institutions. EHR is one the way to share the patient data secured way.

Optimizing tele-health needs

Telemedicine is one the solution for the current situation as it does emphasis the direct patient doctor relationship. Many hospitals can setup their own tele consultation facilities to promote remote care. This is also a great way to bring the elderly care also wiping out the concept of family doctor.

Early detection and early diagnosis

To build a sustainable Healthcare system early detection and early diagnosis is the need of the hour. The disease diagnosis speeds up the treatment process so that the patients get the right treatment in the right time. Early detection and diagnosis can bring down the risk of the disease among all age of people which leads to better patient outcomes and lower their expenses.
Conclusion

It is obvious from the current situation not only the healthcare system should be changed but the lifestyle of the people should also change to combat with the upcoming pandemics. Though we have digital platforms, high end technologies are in place now still we are fighting with new diseases.

DIGITAL DETOX-MUST NEEDED

K.SINDHUJA, Asst.Professor MBA-Dept, Sankara College of Science and Commerce

“Exchange your online distractions for real-life devotion.”― Wendy Speake,

We talk about Detoxing body for healthy life but why so shout out for Digitally Detoxing ourselves for good living.

In the current era, no human is without gadgets in his/her hand. Being adapted the technology is great but we are not bothered about the consequences that will arise to the great gift(human body).In this blog, I have shared a glimpse of digital detox and the benefits of going for Digital detoxing.

During digital detox, an individual quits utilizing innovation like cell phones, PCs, and TVs. While a great many people can’t dispose of innovation altogether, they can enjoy reprieves to zero in on different pieces of life. A digital detox can assist you with bringing down the pressure and actual impacts of consistent innovation use.

You can utilize numerous systems to have some time off from screen time. Various techniques work for various individuals as a result of our remarkable ways of life and characters. Timetable innovation-free hours consistently, avoid your telephone during suppers, or add innovation-free exercises to your timetable like classes. On the off chance that you experience difficulty putting down your telephone, have a go at putting away it in another space to deter yourself from utilizing it. Evaluate non-digital media like books, papers, and funnies. You can likewise get a pencil and paper to compose or draw. Your telephone’s provisions can assist you with controlling your general innovation use. For instance, you can wind down warnings for certain applications or mood-killer your telephone altogether for some time.

Advantages of Digital Detox During Addiction Recovery:

Digital detox can advance Recovery from liquor or medications by assisting you with carrying on with a better way of life. A portion of the particular ways that advanced detox can support your Recovery include:

o   Improve psychological wellness: Many individuals with habit additionally have emotional well-being conditions that add to their enslavement. A digital detox can decrease the emotional well-being manifestations related with abundance innovation use and assist with making Recovery is somewhat simpler.

o   Reduce stress: Stress can make medication or liquor desires for a many individuals in Recovery. By decreasing the pressure that comes from online media and other innovation through an advanced detox, you can all the more likely control any connected withdrawal manifestations.

o   Enhance rest: Evidence shows that continuous gadget use can disturb your rest timetable and make it harder to rest. Working on your rest through digital detox permits you to more readily rest your body as it recuperates from enslavement.

When we as a Human take this as a chance to Detox oneself no more unhealthy life and no need to spend money for being healthy.

Relax and go for Digital Detoxing for Better Tomorrow!!!!!

CRYPTOCURRENCY AS AN ASSET CLASS

Dr. S. Thilak, Assistant Professor, Department of MBA, Sankara College of Science and Commerce

Cryptocurrency is proving to be one of the biggest disruptions to traditional finance, only held back by its current high market volatility. Despite being speculative and lacking global backing, these digital coins are fast gaining popularity because of the support some of these are getting from billionaire tycoons such as Elon Musk, Jack Dorsey and Michael Novogratz. Some have also been skeptical about their success, such as Warren Buffet and Ken Griffin. Yet, there is no denying that more people are getting drawn towards crypto coins than ever before.

While the crypto market has taken some beating in recent months, experts believe the market will bounce back due to the increasing interest of people. They also feel this could be a good time for those planning to put their money in the digital currency market. There are demands to classify Bitcoin as an asset class in India.

If you intend to invest in cryptocurrency, follow the steps listed below.

1. Find A Crypto Exchange

The first thing you need to do to become a crypto investor is choosing an exchange for trading. Since cryptocurrencies are not regulated in India, anyone can start an exchange. So do a detailed background check on the core team behind the exchange. Some of the popular exchanges in India are WazirX, CoinDCX, and CoinSwitch Kuber.

2. Create An Account

Once you finalise an exchange, sign up to open an account. The platform may require to verify the identity, depending on its policies and the amount you plan to invest. They have to submit documentary proofs. This is intended to prevent fraud.

3. Deposit Money

To buy crypto, buyer need funds in your account. You can do that by linking your crypto account with your bank account and depositing money via a wire transfer by using a debit/credit card. There could be a waiting period before you can start trading with the money.

4. Make Your First Purchase

Once you are ready to invest, you will need to pick a crypto coin. There are hundreds of cryptocurrencies, with the popular ones being Bitcoin, Ethereum and Dogecoin, among others. You can invest in any of them or in several of them at a time. Many of these coins are known on the exchange also by their symbol. For example, Bitcoin is known as BTC, Ethereum by ETH, and Dogecoin as DOGE.

5. Storage Method

Crypto exchanges face the risk of being hacked and, currently, lack insurance protections. You can also lose your money if you forget or lose the codes to access your account. So, it’s important to have a secure storage place for your digital coins.

Before You Buy Bitcoin

There are several things that every aspiring Bitcoin investor needs. A cryptocurrency exchange account, personal identification documents if you are using a Know Your Customer (KYC) platform, a secure connection to the Internet, and a method of payment. It is also recommended that you have your own personal wallet outside of the exchange account. Valid methods of payment using this path include bank accounts, debit cards, and credit cards. It is also possible to get Bitcoin at specialized ATMs and via P2P exchanges. However, be aware that Bitcoin ATMs have increasingly required government-issued IDs as of early 2020.

Privacy and security are important issues for Bitcoin investors. Even though there are no physical bitcoins, it is usually a bad idea to brag about large holdings. Anyone who gains the private key to a public address on the Bitcoin blockchain can authorize transactions. Private keys should be kept secret; criminals may attempt to steal them if they learn of large holdings. Be aware that anyone can see the balance of a public address that you use. That makes it a good idea to keep significant investments at public addresses that are not directly connected to ones that are used for transactions.

Anyone can view a history of transactions made on the blockchain even you. And though transactions are publicly recorded on the blockchain, identifying user information is not. On the Bitcoin blockchain, only a user’s public key appears next to a transaction, making transactions confidential but not anonymous. Bitcoin transactions are more transparent and traceable than cash, but the cryptocurrency can also be used anonymously.

Restructuring HR  Competencies

Dr. Priya .K, HOD, Department of MBA, Sankara College of Science and Commerce

The current pandemic has forced the organization to redesign their business models in order to survive in a rapidly changing world. This shift has changed the traditional role of Hr to adapt to new formats like employee management, performance and evaluation including integration with existing employees and challenges in retaining and attracting the right talent in the organization.

Know your organization

In the current trend HR Managers  must understand the risk and opportunities in terms of the industry and to have a panoramic view to track industry trends such as recruitment, training and skill development with latest development to improve the organization.

Authority and Responsibility

The role of the Hr is to bridge the gap between upper management and the employees for this they must take the authority and responsibility in areas like hiring, competency management and to adopt employees for a change in the culture.

Building Confidence

   HR has to build a confidence not only among the employees but also with the stake holders like state authorities, trade unions, and local community for building trust , Hr must also see that personal goals are associated with organizational objectives.

Hr Policies

Due to pandemic the work from Home concept has come into existence due to which the HR policies which have designed a decade ago has to be  redesigned as per the change in work force and workplace culture.

HR leaders are the real transformers in business and economy at large for building this they have to build a framework to leap into the future business.