Employees are live assets for any organization. They invest on their employees for training, motivation and in other form. Besides these any worker or employee get skill after a long working period/ experience in a particular field. So, change over or retrenchments of these employees or worker’s are a major and invisible loss for concern. Along with this fact, it is also true that innovations are also important for any organization. Scarce of new things they can produce or do only regular working, which can harmful for competitiveness of any enterprise. If new employees are recruited in organization they will also bring new mind and new thoughts, these thought will definitely improve the quality of work, production output and finally competitiveness of any concern.

So, I think enterprises must keep balance between experience and innovation for their goodness.

Pushpendra Chaturvedi