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SigmaWay Blog

SigmaWay Blog tries to aggregate original and third party content for the site users. It caters to articles on Process Improvement, Lean Six Sigma, Analytics, Market Intelligence, Training ,IT Services and industries which SigmaWay caters to

Easy ways to make your workspace more happening

Workspace innovation can be a change in the organization physical or mental which can boost employee's productivity, efficiency and creativity. It's not a new idea, but many companies don't follow it. But startups have been able to successfully implement this. With a proper HR team who have the right mindset and creativity, customization of the workspace can be achieved economically. Three simple changes that firms can try are: Let your employees pick their job titles; Create a play /activity/relaxation room; Switch to adjustable furniture from traditional one. Read the full article here: https://www.td.org/Publications/Blogs/Human-Capital-Blog/2016/02/3-Easy-Ways-to-Innovate-Your-Workspace

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Big data, Analytics offers the hottest job

According to a report, analytics and big data are going to see most vigorous hiring. Established firms and startups are offering handsome income to talented data scientists. Analytics and big data sector have been on consistent growth over last five years and are expected to increase at a compound annual growth rate of (CAGR) of 33.2% and 26.4 % respectively. The demand for data professionals has increased. It has been predicted that in coming times data science is going to have most exciting jobs. Read the full article here: http://economictimes.indiatimes.com/jobs/analytics-big-data-to-see-robust-hiring-high-pay-packets-report/articleshow/51105814.cms

 

 

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How to find jobs using Social Media

Getting jobs these days are tuff. But, social media is helping people to get jobs. Here are some steps that you can follow to get a job -:

1. Set up strong profiles -: Create strong profiles on all social networking sites using short bio to show interest and skills for good online presences.

 

2. Start Networking -: Use social media to grow communication and professional network.

 

3. Get Recommended on LinkedIn -: Recommendations with positive references attract recruiters and manager.

 

4. Let Others Know You Are Looking -: Let your friends and relevant contacts know about what type of job you’re looking at.

 

5. Actively Seek Out Openings with Hashtags -: Use hashtags ‘#’ to search for relevant jobs.

 

6. Research Employers and Hiring Managers before Applying -: Social media profiles can be used as a research tool before applying for a job.

 

To know more, please read the article by Maria Onzain ( Writer at Tech.co) -: https://tech.co/steps-social-media-find-job-2016-02

 

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How to make your employees more efficient

Employee's degrading productivity is an issue which is faced by many companies. You can't just fire your employees and hire another as it will cost you extra. Here are few interesting ways that can help you achieve the same: 

·         Reduce the level of strictness in office: Stop hovering over employees and monitoring them so closely that it becomes uncomfortable for them. Give them some space

·         Gamification: Design the tasks in the form of games where you present rewards on milestones. Humans being competitive in nature will work more efficiently with this framework

·         Monitor progress: They are many tools present in the market which can effectively track down the progress of your employees. Show them the results. Encourage them if they are lacking somewhere

·         Communicate with your employees: An effective communication can help tremendously in increasing the productivity of your employees. It can make them feel safe and it helps in creating a family-like environment.

 

Read the complete article here at: http://it.toolbox.com/blogs/marketing-strategies/4-interesting-ways-of-increasing-your-employees-productivity-71428

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Human Capital Management - A New Perspective of HR Department

Earlier, the function of human resources is associated with the person who handled employee paperwork and personnel files. But today, the role of HR has become a much more important and dynamic. Some companies even refer to HR's activities as human capital management (HCM) to reflect the strategic and leadership-oriented nature of the department. It was also found that HR experts shared their insights for companies who are looking to provide the best Human Capital management for their workforce. Few things that HCM takes care of: -1) Look beyond recruiting and onboarding. 2) Learn the best way to manage each employee. 3) Invest in the right technology. 4) Take a positive, but transparent approach to communication. 5) Continue to change with the times. To read more about HCM, follow the article by Nicole Fallon(Assistant Editor at Business News Daily) at: http://www.businessnewsdaily.com/8145-human-capital-management.html

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Human Capital: the most underrated asset class

Investment consultants have been working for hours researching and investing in asset classes like stocks, real estate, commodities and bonds. But all these asset classes pale in comparison to human capital. Human capital is the present value of your future salary. It is the most valuable asset in young age. With a professional and desirable skill set, you will always get a fair salary no matter how much inflation, your country is suffering. Everything you do to increase your earning ability like getting a higher degree, taking certification courses, all comes under investing in human capital. Like any other capital, human capital has also risked associated with it like - death or disability risk; professional competency risk. Read the full article here: http://www.investopedia.com/articles/younginvestors/09/human-capital.asp

 

 

 

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Effects of Predictive Analytics at workplace.

The use of predictive analytics in the Human Resource Management is the recent development. The HR team is taking advantage of the loads of data to keep a check on the employees. Predictive Analytics is changing the relationship between employee and enterprise. Predictive models can easily predict the upcoming trends. The performance of the employees can be judged in an unbiased way rather than gut feelings. The models identify meaningful insights by collecting data from the various platforms. The kind of posts that individuals have on the social networking platforms, LinkedIn profiles all lead to predictions. HR teams use these insights to decide the promotions, pay scale etc. This also acts as a disadvantage to the privacy of workers. Soon there will be a need to redefine the worker privacy laws which will take care of these new technologies. Read more about this in the article written by Rodd Wagner (A best- selling author) at: http://www.stevenspointjournal.com/story/opinion/columnists/2016/01/22/predictive-analytics-transforms-workplace/79116764/

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The most desirable skills for programmers

Being a developer is not an easy job. One has to stay updated with the latest technologies in the market to stay in the game. How to decide what languages are the must and essential from the entire buffet present in front of us which consists so many languages? So let’s talk about the top 10 skills which are desirable by employers.
1. SQL
2. Java
3. HTML
4. JavaScript
5. C++
6. C#
7. XML
8. C
9. Perl
10. Python
Well if you know these then you are good to go for coming years. Keep learning. Keep Coding. Read the full article here - http://www.cio.com/article/2368943/careers-staffing/97819-Top-10-Programming-Skills-That-Will-Get-You-Hired.html#slide12
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Improve your employee engagement with Big Data Solutions.

Finding suitable talent for your workplace is a difficult process. It is much more difficult to retain talent, if the workplace conditions are not suitable. Most of the organizations use annual feedback system to know about the employees. But the better way is to have a continuous check on the performance and behavior of employees. This helps in getting a better picture. Big Data helps in identifying the relation between engagement and retention. Cloud based solutions provide access to all the data at one place and this can be used for further decisions by HR. Data can be collected, measured, analysed at one place. And accordingly solutions can be thought of to eliminate the problem. Organizations who use big data solutions have observed a better turnover. Read more at: http://www.cio.com/article/3023311/careers-staffing/how-big-data-can-drive-employee-engagement.html

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Must have skills for Data Scientists

In today's world Data Scientist is the most- desired workers in IT industries. Since the demand for such skills is high, this has become a desired job for the potential candidates as well. So here are some skills which will increase your chances of hiring, if you want to become a Data scientist - SQL, Hadoop, Python, Java, and R. Not only these, but MapReduce, Hive and Pig skills which will increase your desirability as a data scientist. So, gear yourself up and start working and learning these skills to become a data scientist. Read more at: https://adtmag.com/articles/2016/01/08/data-science-skills.aspx

 

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Vacuum Approach to find the true talent

We often get placed or appointed for roles which we don’t want to pursue after few years but it’s not so easy to change the line of course. For example, if you are part of the technical team, it is not easy for you to switch to the managerial team. But the organizations must understand that rather than appointing people to work or designating work, they sometimes should create vacuum holes. By vacuum holes, I mean an opportunity which is open to all to work on. But then this might create a problem that everyone would want to work in some profile which they love and the actual work which is to be done will lose its priority. So the company should make policies to balance the two things. For example in Google, an employee can invest 20% of his/her work hours to do something he/she likes to do. So rather than appointing work, companies should create a vacuum and should see who steps up to fill it in.  Read the complete article by Mike Cohn (Founder of Mountain Goat Software) at: https://www.mountaingoatsoftware.com/blog/leave-work-unassigned-and-see-who-steps-forward

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Interview Guidelines for Scrum Masters

Interviewing a ScrumMaster is pretty much similar to interviewing any other employee but there are certain attributes which must not be neglected. They are :

  • ·         Responsible: Its Scrummaster’s responsibility to bring the best out of each team member.
  • ·         Humble: ScrumMaster must work with “we” ideology rather than “I”
  • ·         Collaborative: SrumMaster must ensure a collaborative environment where anybody can raise questions.
  • ·         Committed: ScumMaster must be committed to success of the project
  • ·         Influential: ScrumMaster leads the team without direct authority, so they must be influential.
  • ·         Knowledgeable: having the knowledge of the domain or the project is a big plus

 

To know more, read the article by Mike Cohn (founder of Mountain Goat Software), at: https://www.mountaingoatsoftware.com/blog/advice-for-interviewing-scrummasters

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Growing 3-D printing market

3D printing technology was first used in 1980s, but was mostly limited to government and industries that time. Later in 2009 it became commercially available for consumers. Despite its more and more consumer-friendly models introducing in market, 3D printers continues to be out of the financial reach of average consumer. Makerbots costs $2,000 which is by the way still not bad compared to the price tag of industrial printers ($5.000-$10,000). There are some open source projects happening to make technology make more widely accessible. Others are providing customizable services through internet options. Global 3D printing market takes into account shipment from OEMs in automatics, consumer products, healthcare, aerospace and defense. Due to which its expected to boost the marker from 1.95 billion to 11.07 billion. Industrial side is what pushing the technology forward in automotive sector contributing 21.2% to the global market.  Honda and Peugeot have used 3D printers which are released in files so that anyone can achieve that design. Read more at: http://www.technavio.com/blog/car-parts-body-parts-3d-printing-showing-no-signs-slowing-down

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Tips to improve employee performance

Productivity and teamwork are two elements in the success of any company. In order to increase productivity, motivation is important. Lewis Robinson (a business consultant specializing in CRM and sales) writes in his article about some tips for improving employee performance in the workplace, while staying on a budget. They are - Reward Great Job Performance, Provide Tangible Rewards, Allow for Breaks to Rest the Mind and Bolster a Sense of Creativity, and Communicate With a Sense of Fun. Read more at: http://it.toolbox.com/blogs/understanding-crm/4-tips-to-improve-employee-performance-within-budget-70778

 

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How small business can boost productivity

Every organization is competing with each other. Companies have to motivate employees to increase productivity. Companies can do small operational tweaks for effective business growth.  Victoria Vessella (a valued contributor to Business 2 Community) writes in her article about the tips given by MVP Visuals President, Ben Camerota, on how small business can boost productivity. Read more at: http://www.business2community.com/small-business/3-ways-small-businesses-can-improve-employee-productivity-01350336#EwsXTJEVKMwyzWhX.97

 

 

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How social media is impacting the human resource industry

Nowadays, companies are using different social media channels to post job openings, interact with clients and employees and make major product announcements. Human resource managers are using social media to announce job postings and it is making the recruiting process easier. HR executives can monitor the activities of their employees and communicate with them more effectively through the help of social media channels. To know more on how social media impacts the human resource industry, follow: http://www.business2community.com/human-resources/social-medias-impact-on-the-human-resources-industry-01338454

 

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Improving Employee Mobility

Millennial working population is the largest group working today. Research shows that these young workers are ready to put in long hours—but they also expect mobility. According to a recent survey, it was found that for Millennials, the greatest perk for them is to work remotely. Mobility is an important consideration for them and not just a perk. In another survey, it was found that productivity increased when employees worked from home. Read more about how employees benefit from mobility: http://it.toolbox.com/blogs/voip-news/five-ways-unified-communications-can-improve-employee-mobility-69827

 

 

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Skills needed to become a business process analyst

To be a business process analyst, one need to have a set of skill. But, one need to have some more specific industry knowledge which will help them to become more successful. Here are five of the most critical skills that will help one to bring value to a company. They are: Communication; Analytical Thinking; Critical Thinking; Group Facilitation; and Relationship Building. Read more at: http://www.business2community.com/strategy/what-are-the-critical-skills-for-a-business-process-analyst-01312272

 

 

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How to tackle interview questions

The job interviews are always unpredictable and without any definite knowledge about the situations you'll be in. There is always a need to groom your skills and get prepared for any upcoming challenges. The aim is to market yourself in that span of time and show how efficient and productive you are. The strength should be revealed with modesty. The weakness should be revealed but strongly so that it looks like a weakness. Every point you put up in an interview should be related to your work. The salary expectations should be loud and clear without any case of undervaluing and overvaluing yourself. Something which the interviewers would be looking for is about you. The key to succeed and cracking the best of the interviews is by holding the right attitude.  Read more at:http://www.business2community.com/human-resources/tackling-four-common-job-interview-questions-01290700

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The steps to effective and efficient meeting

The key for taking decisions and managing the organization lie in the way you manage your meeting. The meeting should be halved into two so that the span of the meeting don’t affect the essence of the meeting and the entertainment in between will keep the members moving positively. The punctuality and the decorum of the meeting should be followed to set a trend for the employees.  The goal should be distinct and no topic should be discussed outside the focus of the meeting. The efficiency lies when you communicate and describe the matter in between the meeting and make it loud and clear. The entertainment factor is also needed in between the meeting so that no one feels bored. The standup meetings are way efficient as we can see from the research that taking decisions on the feet is speedy and correct. Thus, incorporating the steps will lead to efficient meeting and more productivity. Read more at: http://www.business2community.com/human-resources/5-tips-for-more-effective-company-meetings-01291059

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