Column

How bad supply chain affects the hospitals and doctors performance
Column

How bad supply chain affects the hospitals and doctors performance

It is imperative to understand that the healthcare sector is extremely critical and requires deeper attention, given the large interdependencies from every segment of the industry. Managing the healthcare supply chain is a rather complex and fragmented process. The Pandemic has enforced the need for conducive supply-chain strategies and management practices to optimize scarce resources, alleviate shortages, and expand capacity quickly.  Although efficient management is not the solution or a substitute for dedicated and skilled medical personnel, improving broken supply chains is crucial to ensure that these professionals have the resources to perform their duties. This article aims to discuss the importance of SCM for healthcare givers and how inefficiencies directly affect the qu...
How lucrative is the ‘elderly’ market in India?
Column

How lucrative is the ‘elderly’ market in India?

Today, senior citizens are roughly about 8% of India’s population and by 2050, they will account for 20% of the country’s population. This surge in TAM (total addressable market) will drive growth in the senior care market in the coming years.  The current market size of senior care is estimated to be around USD 7 billion. According to a 2018 report by Agewell Foundation, senior citizens are emerging as an influential consumer segment as most senior citizens today continue to work past the retirement age. Therefore, they are no longer just dependent on pension and have great purchasing power. Healthcare constitutes 31% of their total spends. And therefore, there is tremendous potential specifically for health/lifestyle/wellness-driven businesses within the elderly care segment.&nb...
Returning from Maternity Leave To The New Normal
Column, Human Resources

Returning from Maternity Leave To The New Normal

Re-entering the workforce after a long break can be overwhelming. Returning to work after pregnancy and childbirth as a breastfeeding mother is more complicated than most people consider. The Coronavirus pandemic and the changes it brought forth have only made matters more complicated, especially for women coming back to work after maternity leave. Although, we may not know how far these changes have affected our lives, working mothers are bearing the brunt of this unusual global crisis.  Returning to work – Before the pandemic Becoming a mother brings several changes to a woman’s life. Going back to work after maternity leave is never easy. New Zealand Prime Minister Jacinda Ardern, only the second head of state to give birth while in office, said that she expected there would ...
Reviving Education in India
Column, Education

Reviving Education in India

Thomas Edison’s quip that, ‘A vision without execution is just hallucination’ resonates with India’s wish of getting to the 50% GER by 2030 from the current 26.3% in 2019 without a proper strategy and an execution plan. The rapid expansion of India’s higher education since 2001 resulted in a dramatic rise in the number of HEIs and a corresponding increase in the enrolments – at 51649 institutions and 37.6 Mn students, it is one of the largest higher education systems of the world. While the country is focused on massification of higher education, without finding creative solutions to a few important vectors – the quality of our institutions, employability of the graduates, and financing of higher education, achieving the GER targets of 50% by 2030 seems to be a distant dream.  Cha...
Webinars are not virtual events – There is a world of difference.
Column

Webinars are not virtual events – There is a world of difference.

The concept of webinars has been around for quite some time, but the current situation has made it popular as a viable option to address the rising demand for digital communication. As remote working and collaboration have become the need of the hour, webinars have become an integral part of the digital marketing mix. But as brands began to deep dive into more elaborate strategies to redefine their business continuity plans, they realized that webinars come with some unique challenges and limitations as far as engagement and outreach are concerned. Though many brands continued with webinars to keep things in perspective, the smart ones adapted to new digital strategies with Virtual being the key ingredient.  Now, when it comes to exploring virtual strategies, brands often get conf...
Pros & Cons of Social Media during The Pandemic
Column, Digital

Pros & Cons of Social Media during The Pandemic

2020 has been an eye-opener in many ways for the world. During these trying and unprecedented times, some turned to social media as a beacon of hope and entertainment, while some others took this opportunity to disconnect from the virtual world, relishing the beauty of the real world instead. While social media has made it very easy to keep up with the rest of the world, it is accompanied by an entirely different kind of social pressure.Even though everyone is at home, trying to spend some quality time with their families and their selves, there is a constant distraction in the form of mobile phones lighting up with new updates and messages every other minute. We look around ourselves and see an entire generation trying to find an escape from reality by living their lives through a ...
Managing Unplanned Expenses with an Instant Loan App
Banking, Finance, Insurance, Column

Managing Unplanned Expenses with an Instant Loan App

In a rapidly evolving economy, expenditure patterns also evolve rapidly. Especially in today’s age, one that is increasingly dominated by millennial professionals. With the tremendous rise in the corporate culture (and rising costs of living) in all the metropolitans, unplanned and contingent expenses are off the roof. More than any time before, people want that dream vacation or the dream car or that spontaneous shopping plan or road trip. Millennials have been characteristized with that go-getter attitude - they need it all, sometimes without even having the saved up money for it.  The need for money for unplanned expenses saw a further surge during the COVID-19 pandemic, where people suddenly saw unexpected medical expenses or even day-to-day expenses mounting up while the entire ec...
Fintech Industry – Observations & Learnings from 2020 and Opportunities in 2021
Column

Fintech Industry – Observations & Learnings from 2020 and Opportunities in 2021

The COVID-19 pandemic has had a detrimental impact on most industries, but one sector that has fared comparatively better than most is fintech. According to a new study by The Cambridge Centre for Alternative Finance (CCAF), the World Bank Group, and the World Economic Forum, the fintech industry continued to grow, with firms reporting growth in transaction numbers and volumes of 13% and 11% respectively. Data gathered from 1,385 fintech firms in 169 jurisdictions revealed that 12 out of 13 fintech sectors reported year-on-year growth for the first half of 2020, compared to the same period the previous year. While it is undeniable that COVID-19 had an impact on fintech deal activity in H1’20, global VC investment in fintech remained robust, accounting for US$20 billion globally ...
Event Management Industry Pivoting through The Ongoing Pandemic
Column

Event Management Industry Pivoting through The Ongoing Pandemic

The industry outlook for the event management industry, an industry that is reliant on social gatherings, seemed undecided when the pandemic has led the world to a standstill. But the innovative and buoyant, outdoor entertainment has now started retooling for the future. With the industry starting to slowly adapt itself to the new normal, the educational institutions imparting event management courses have taken a step ahead in innovation to tide over the crisis. Event management organizations across the country are offering training practices as per the socially distant knowledge while guaranteeing to keep it at par with the physical classroom experience.  Going by various studies shown, about 94% of companies in the event industries are aiming at discovering the segment of digit...
9 Tips for Flexible Working Without Losing Productivity
Column, Human Resources

9 Tips for Flexible Working Without Losing Productivity

The extended work from home amid COVID-19 has sparked a debate over flexible working worldwide. More and more organizations are warming up to the idea of flexible working through implementing flexible-timings, telecommuting, compressed workweek, and much more. According to a recent LinkedIn survey, 44% of employees preferred a flexible workweek. While flexible working allows employees to work from any time, anywhere according to their convenience, some of us are constantly juggling between work and household chores and struggling to be productive. Here are top tips to be productive during flexible working.  Plan Your Day: Flexible working doesn’t mean that you forget your targets. Plan your day in the morning and make a to-do list of important tasks. It need not be an elaborate pr...