By: Sharanya Ranga and Riya Dutta
As the jargon goes, we are now living in a VUCA (volatility, uncertainty, complexity and ambiguity) world. The spate of layoffs hitting the corporate India during the past few months has not shown any sign of letting up. And the country’s 7 per cent GDP growth in the October-December quarter in 2016 stands in stark contrast with sluggish job creation and record unemployment figures. Layoffs and trimming down the workforce have been a common thread cutting across conglomerates such as Larsen & Toubro, multinational tech companies such as IBM, Microsoft and Nokia, and not even sparing our homegrown e-commerce start-ups such as Snapdeal and Flipkart. The struggle to adapt to the ever-changing business environment and technological disruptions is on and layoffs have become a fairly common tool, affecting white-collar, blue-collar and pink-collar (service sector) workers as businesses streamline their workforce and embrace automation to stay competitive.
By Ramesh Vaidyanathan & Mansi Singh
Mediation is essentially a process of negotiation in which the conflicting parties come together to resolve a dispute with the assistance of a neutral mediator. The mediator merely facilitates the resolution of the dispute by creating a congenial environment and suggests solutions, but at the same time, lacks the authority to pronounce a judgment on the matter. Along with conciliation, mediation as an alternate mode of redressal of disputes offers flexibility, participation and consensus of all parties and is both time and cost-effective.
By: Ramesh Vaidyanathan and Arvind Ravindranath
Drones are small remote controlled aircrafts that have multiple uses. They are also termed as ‘Unmanned Aerial Vehicles’ (“UAV”) or addressed by the broader term ‘Unmanned Aviation Systems’ (“UAS”). UAS is a package that consists of the UAV, a ‘Remote Pilot Station’, a Command and Control Link, maintenance system and operating personnel. While military use drones have been flying for decades, the technology to fly advanced, portable, civilian use drones did not really exist until recently. Companies such as DJI Phantom Technology Co. and Parrot have made unmanned aviation more accessible to the public through their innovative consumer products. Initially, civilian use unmanned aviation was considered to be merely a hobby or a pastime. The aircrafts were often flimsy, had the most basic features and did not even have significant flight time. However, with the rapid growth of technology, the scale of the features that can be packed into a tiny device has grown by leaps and bounds.