Zenith Academics

Please watch my video on Bank Failures. It gives you a complete understanding of the history of bank failures in the past, their consequences, and how they fail. Do let me know your valuable feedback.

How Banks Fail? Do you know why banks fail? In this video we will know all about bank failures; the history of bank failures, the consequences of bank failures, and how the...

Please have a look at my latest Online Video Course, which should rock with the student community. Here's the Free Course Link to register for the course Free of Cost. Please enroll in the course and provide your feedback. I need your honest feedback so that I would exactly know where the course stands.

Good Loans & Bad Loans- All About NPA Management + Quizzes Ideal for CAIIB/CA/CS/CMA/CFA/MBA & Commerce Students and Practioners in Finance. Suited for Competitive Examinations

Please watch the 3rd and final part of my lecture on Balance Sheet Concepts. https://youtu.be/UIHZr0bTgCk You'll learn about Intangible Assets and Investments which along with Tangible Fixed Assets are part of Non-Current Assets. You’ll also learn the various components of Current Assets and how they change their form and value in an ongoing manner. Please subscribe for further videos.

Credit Management - Balance Sheet Concept#3 This video lecture deals with Intangible Assets, Investments & Current Assets. You'll learn about Intangible Assets and Investments which along with Tangible...

Please watch my latest lecture video on the relationship between Margin & Drawing Power with Cash Credit Limit. Enjoyment of the Cash Credit Limit by the borrower is always lower than the Drawing Power or the Cash Credit Limit, whichever is less. Banks monitor the borrower's disbursement through periodic valuation of the borrower's stocks and book debts. This video lecture is very important for bankers, finance executives, CA/CMA/CS/MBA/CAIIB students, and also for all businessmen. Please subscribe in order to receive important notifications.

Credit Management- CC Limit, Margin & DP This video belongs to the series of video lectures on .. It explains the typical relationship of CC Limit, Margin & Drawing Power through wh...

Watch my latest video lecture on 'Nayak Committee' or 'The Turnover Method' for the Assessment of Cash Credit Limits. This method along with the 'Tandan Committee' or 'The MPBF Methods' form the core methods for the assessment of Cash Credit Limits for Borrowers in India.

Credit Management- Turnover Method for Assessment of WC Limits This video describes the Nayak Committee or the Turnover Method for assessment of Working Capital Loans for MSMEs.

Here's again my new video lecture on Tandan Committee Recommendations or MPBF Methods for Assessment of Cash Credit Limit of Borrowers. Please share among your friends for dissemination of knowledge and subscribe to the channel for important notifications.

Credit Management- MPBF Methods This video lecture explains the most popular method, The Tandon Committee Recommendations or the MPBF Methods, MPBF- I, II & III, for assessment of Cash Cred...

Watch the latest video lecture on Working Capital Cycle by clicking on https://youtu.be/dEOl4dOGg7w. Please subscribe for upcoming video lectures.

Credit Management- WC Concept In this video lecture, you will learn the core concept of the Working Capital Cycle and how the Working Assets revolve in a perpetual manner in a specified p...

Watch the latest video lecture on Working Capital Cycle by clicking on https://youtu.be/dEOl4dOGg7w. Please subscribe to the channel for upcoming video lectures.

Credit Management- WC Concept In this video lecture, you will learn the core concept of the Working Capital Cycle and how the Working Assets revolve in a perpetual manner in a specified p...

What is Peter Principle?

The Peter principle states that a person who is competent at his job will earn a promotion to a position that requires different skills. If the promoted person lacks the skills required for the new role, they will be incompetent at the new level, and will not be promoted again. In other words, if an employee performs well in his job, he will likely be promoted to the next level of the organization's hierarchy. He will continue to rise up the ladder until he reaches the point where he can no longer perform well.

What does that mean?

According to Dr. Laurence J. Peter, a Canadian Scholar and Sociologist, since there are limitations to an employee’s skills and competence in a work place, every position in a given hierarchy will eventually be filled by employees who are incompetent to fulfil the job duties of their respective positions. He states, that "the cream rises until it sours." In other words, excellent employee performance is inevitably promoted to the point where the employee's performance is no longer excellent, or even satisfactory.

Is the Principle relevant today?

Since the competency- incompetency matrix is an important determinant in job promotions, the core of the Peter Principle is still relevant. But the present workplace environment has changed enormously. Therefore, the principle may not be wholly applicable or the incompetency syndrome can be largely avoided.

How can an organisation avoid the syndrome?

1) Assessing job skills and potential of employees at the entry-level.
2) Investing in quality training programmes for regular up-gradation.
3) Developing mentorship programmes.
4) Developing a suitable internal promotion programme.

Hello Friends, my new course 'Cash Flow & Fund Flow- A Complete Study' has been published on Udemy. I've tried to avoid technical jargon and accounting techniques so that even a person without a finance or accounting background can easily grasp the all-important subject.
It is a Free Course and very important for commerce & finance students, bankers, lawyers, investors, and entrepreneurs alike. I request all to enroll in the course and take the benefit. I just want an honest review of the course.
Please click on the link below to enroll.
Regards,
Sudam Ghosh, CEO & Instructor, Zenith Academics

Free Tutorial - Cash Flow & Fund Flow- A Complete Study Learn Dynamic Concepts of Cash Flow & Fund Statements with Case Studies, MCQs & Assignments. - Free Course