Shamit Khemka, the Managing Director of SynapseIndia, has an outstanding track record of successful management. He encourages the managers in the company to develop exemplary managerial abilities.
Experience and credentials can make you a good manager, but that’s not sufficient to become a great boss. Becoming a good boss takes much more than delegation. A great boss contributes equally to the company and its people.
Great managers work with their employees. Working with employees builds better relationships and helps leaders learn the strengths and weaknesses of every team member. This also helps in gaining the trust of employees.
Good bosses know precisely when to give credit for achievement and when to give critical feedback. Employees want to feel appreciated and have their efforts noticed. When a boss credits them for a job well done, it profoundly motivates them to keep working hard.
Efficient managers are also excellent communicators. They set realistic expectations and communicate effectively with team members. The managers ensure that everyone is on the same page while allowing team members in a way that works best for them.
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Shamit Khemka, the founder & MD of SynapseIndia, has shown outstanding ability as a business leader. He started SynapseIndia as a small IT venture that has today become one of the fastest growing companies in the industry. Achieving this has not been easy for the leader. He has strategically used a set of tried-and-tested tested management methods.
The most important factor associated with the success of a business venture is the talent it relies on. Having the right team is very essential to prompt a faster growth of your business. It’s not just about hiring a new team but also evaluating the current team members based on their skills and performance.
Analyzing the financial implications of a business venture is no less significant than having the right team. Assessing the business risks and forecasting the ROI on a particular endeavor are some of the critical elements of the financial analysis process. Some of the basic steps of the financial strategy include creating a budget for your business, analyzing the cash flow, and evaluating equipment purchase.
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Shamit Khemka, the founder SynapseIndia, has always ensured that right management practices are followed in the organization. He says, “Right management of an organization never means staying limited to work for the client but also for the employees.”
Under his guidance, SynapseIndia has acquired a process where each resource is used in the correct manner with no space for overutilization of staff. By following a standardized resource management process, the company has ensured better growth opportunities for the employees as well as the business. With this system, SynapseIndia has enhanced its visibility and control, thus, ensuring benefits at the end of the day.
Management strategy at SynapseIndia involves the use of talent to improve profitability for the company and clients. Since 2000, the company has always ensured the deployment of methods to streamline the costs and eliminate staff related problems. The best management practices of SynapseIndia has helped in building a team full of experts.
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Shamit Khemka, the managing director of SynapseIndia, has enormous experience as a leader of the tech industry. He has created an outstanding track record of succeeding in novel management strategies. According to him, leaders in the tech industry should carefully observe and manage some major challenges surrounding technology companies.
Lately, data governance and customer privacy have become top concerns consumer rights advocates and watchdogs. These challenges will have major implications on areas like AI implementation in business. The trend of increasingly unbalanced regulation can dramatically limit the application of various technologies. This could further create a setback in business innovation. Issues relating to cloud networks pose another major challenge for high-tech companies.
Today, companies are increasingly moving their workloads into public, private and hybrid cloud networks. With increasing shift to the cloud, data centers are experiencing substantial load. This could lead to network-related issues in the future. Shamit Khemka says that the deterioration of public perception about the credibility of tech companies is another looming threat in the technology industry. The industry, therefore, needs leaders to take ownership of shortcoming like data breach.
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Shamit Khemka, the managing director of SynapseIndia, believes that project management strategies heavily decide the profits success of a business. He emphasizes a few project management strategies that reduce risks and improves the efficiency of a project. First of all, it’s crucial to leverage the historical data and knowledge of best practices associated with a project.
Project managers should define the mitigation technique before starting a project and use them to identify risks. After determining the potential problem areas the project team can work to address any risks. The project manager should follow the key performance indicators (KPIs) to determine the effectiveness of a management strategy. The manager should thoroughly monitor the KPIs for every project and make a proper analysis.
The strategy for mitigating the risks surrounding a project should not be limited to data analytics. Managers should also evaluate other mitigating factors that may impact the success of a project. Project managers should also keep tabs on their customers and routinely get their feedback.
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Shamit Khemka, the managing director of SynapseIndia, puts transparency at the top of his management agenda. He believes that transparency is important to clients and employees alike. Mr. Khemka says that an IT services company, for example, that reveals all the information about its processes and services is more likely to be preferred by clients over the ones that don’t disclose much. However, despite such important benefits, transparency has become universal and widespread only recently. And this rise in popularity of transparency in industries is not spontaneous. Instead, this has been caused by a number of different factors surrounding the modern-day business arena. The most prominent factor leading to transparency practices is distrust of corporations.
According to the Corporate Perception Indicator survey, American distrust of corporations has become significantly high. Many Americans believe that corporations are focused only on profits which can lead to unethical practices. This perception problem has triggered an increased adoption of transparency practices among companies. Other factors include a rise in the presence of business enterprises on social media, an increase in the number of online review and rating platforms, and availability of information.
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Shamit Khemka, the managing director of the IT company SynapseIndia, has been closely observing the profound impact of technological disruption on management in the technology industry. He’s seen the growth and dominance of mega-trends like a smartphone, e-commerce, cloud computing, and big data. This technologies and trends have secured a dominant and constant presence in boardroom meetings and business planning. Today, businesses operate in a volatile, uncertain, complex and ambiguous environment. This environment has largely been prompted by the dominant presence of technology that that has created an unprecedented competition across industries.
Mr. Khemka focuses on a number of market trends relating to technological disruption. He chalks our elaborate plan to address the change in customer behavior with the advent of digital transformation. Today customers demand more transparency while asking for a lower price. Also, industry structures are disrupted due to substantial adoption of technology and an increasing trend of shifting to digital platforms. However, this trend of industrial restructuring is significantly beneficial for tech companies, says Mr. Khemka.
Shamit Khemka, the Managing Director of SynapseIndia, a top IT outsourcing company is globally renowned for his exceptional management style. He believes in empowering the company’s employees to achieve business goals instead of managing them on the day-to-day basis. Since 2000, he has been giving a strategic direction to the organization and shaping career of the employees. His management style has enabled the team to meet the ever-evolving business demands of global clients in a stress-free, healthy and supportive work environment.
Mr. Khemka encourages employees to maintain work-family balance and deliver their best efforts in the work shift only. Being the head of SynapseIndia management, he leaves no stone unturned to motivate the team by formulating various employee-friendly schemes and policies. He is confident of his business approach and tackles challenges in an effective manner. On the whole, he is an outstanding leader who inspires the team to brings out the best results.
Shamit Khemka, founder & MD of the IT services outsourcer SynapseIndia, has established a reputation in the IT industry for extremely successful management strategies. He’s also credited with the unprecedented success of SynapseInteractive, a digital marketing agency headed by Mr. Khemka. He believes that although work is crucial to the success of an organization, the management of people is more important than work itself.
He says that managers should not be having difficulty in dealing with interpersonal skills, as communication is supposed to one of the most critical elements of management. Emphasizing on the significance of personality traits for a successful leader, he says that calmness inspires confidence in a leader. Calmness created a better environment around a leader, which further percolates to every employee within the organization.By creating a comfortable environment across the organization, a leader can ensure increased productivity and better engagement of employees. This further helps a company in achieving its long-term goals like increasing business revenue.
Shamit Khemka, the founder and managing director of the IT outsourcing company SynapseIndia, takes a unique and effective approach to business management. As a head of a hugely successful technology company, he focuses on leading, rather than managing people. Mr. Khemka possesses excellent managerial skills that make him an unrivaled business leader. He regularly takes feedback from his employees in order to get the employees’ perspective on different matters. He understands the need for constantly innovating to stay relevant to an increasingly competitive market.
Throughout his journey as an IT entrepreneur and a consequent business leader, he has built an in-depth understanding about how the industry works. He leverages the business insights to design effective management strategies that can produce desired results. Moreover, he always remains curious about new developments in the industry. He also keeps up with the changing trends in the industries that SynapseIndia caters to. Successful management involves continuous and enthusiastic learning, says Mr. Khemka.