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Changing Role of CIO – From Chief Geek to the Chief Impact Officer

In the past, when businesses were experiencing shifts from the profit-seeking to the value-addition phase, CIOs were seen as followers as information technology was only acting as a supporting agent. Today, it is still working as a supporting agent, but the varying trends and coevolving of business and technology have changed the roles of CIOs [...]

Maintaining Ideal Payroll Percentage over Companys Turnover

Human resource budgeting and planning is a crucial activity to achieve strategic goals. To start with, an understanding about the whole budgeting process is required which can help in identifying resource allocation to various divisions. Let’s consider two scenarios, scenario # 1: if a company assigns a greater percentage of its revenue to its payroll [...]