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Leadership is an essential management function that helps an organization to direct its resources for goal accomplishment and enhanced efficacy. Influential leaders are professionals who know how to motivate and guide the employees of an organization to achieve success and impact people. Regardless of your job role, you can benefit from learning about the importance of leadership, as it can allow you to contribute meaningfully towards organizational goals. In this article, we discuss the importance of leadership, explore why organizations need effective leaders and outline a few qualities of a good leader.   v Here are some reasons organizations need effective leadership:   · Vision à Successful leadership in organizations can help develop a clear vision of the long- and short-term goals that the organization can achieve. Influential leaders in workplaces help create a definite roadmap, highlighting the steps, methods and resources that their company can ...

Investors often end up keeping funds idle in their bank savings accounts as crucial factors of liquidity and risk play on their minds. This deprives them of the ability to make their money work for them. Here are some smart ways to utilize idle funds lying in the bank accounts while ensuring liquidity and relatively low risk.   Sweep-in fixed deposit Sweep-in fixed deposits automatically transfer surplus funds from a savings account to a fixed deposit, offering higher interest rates while maintaining liquidity. To set up a sweep-in facility, one can request it through the bank’s branch or via online banking. The bank links the savings account with a fixed deposit, ensuring that funds are available when needed.   Money market mutual fund Money market mutual funds invest in short-term instruments, offering higher returns than savings accounts and easy redemption options. Research liquid funds online or consult a financial adviser for guidance. Investments can be conv...

Be it groceries or day-to-day household items or clothes or shoes - most of us have become used to ordering everything online. While e-commerce giants such as Amazon, Flipkart, or Swiggy have their delivery fleets, most businesses still depend on courier services such as India Post or Delhivery or DTDC or BlueDart to deliver their online orders. If you regularly order items online, you should know about the latest India Post-delivery scam. How does it work? How can you protect yourself? Read here to find out.   India Post-delivery scam: What is it? How scamsters use it to dupe people First, you get an SMS that looks like a genuine order delivery message from the India Post. The SMS says that a parcel has arrived at the India Post warehouse but cannot be delivered due to incomplete address information, so you need to update your address using the provided web link inside the SMS within 12 hours. Often it follows a phone call from an unknown number pretending to be an off...