D J Academy for Managerial Excellence

By Dr.Deepa Venugopal In February 2018, Mumbai based Drivezy – A Peer to Peer car and bike rental platform raised $5 million in the first round of its Initial Coin Offering -ICO. The company used Rental Coins 1.0 as its private cryptocurrency token to raise money from investors and HNIs based out of Singapore and Japan. In the recent past,numerous Start-ups have successfully integrated blockchain technology into their business and has taken the ICO route to raise funds for their business.   An ICO is a novel method of fund raising for start-ups by issuing digital tokens. This issuing of digital coins is known as Tokenisation in the crypto world. A Token represents something “particular” in the business ecosystem. This could be a value, service, voting rights etc.Are crypto currency and tokens one and the same? The answer is No. A cryptocurrency has a value outside their indigenous environment. But tokens are based (derived from)on an existing smart contract platform like Ethereum...

By Dr.J.J.Savithri All of us have heard of the Glass Ceiling, the invisible barrier that prevents women from rising to the highest position in an organization . Women in the Workplace 2019 , a study undertaken by McKinsey and LeanIn.Org indicated that only 34% of senior management comprised women and as we move up to C-level positions, this number dipped to 21%. But, there are women who break through the glass ceiling particularly when an organization is facing a crisis. However, they often fall victim to the “glass cliff”. An addition to the workplace vernacular is the ‘glass cliff”. British Professors Michelle K. Ryan and Alexander Haslam of the University of Exeter, United Kingdom, coined the term in 2005. In 2003, U.K.’s  Times  published a report stating “corporate Britain would be better off without women on the board” after analyzing the performance of 100 companies on the London Stock Exchange, and concluded that those with the most women we...