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Management of Emotions – for Managerial Effectiveness

Human beings are basically emotional beings. Everyday, we involve ourselves in physical and mental activities, yet our primary driving force is emotional. It has been experienced that little managerial attention has been given to this crucial aspect of human experience. For most managers, particularly the more senior ones, almost every day, there are situations that cause negative stress and adverse physical reactions either consciously or subconsciously. Such negative feelings are like mental poisons, possibly resulting in all sorts of disorders. The negative feelings can be classified in two ways. Feelings which are related to past events and others which relate to present or future events. Those events which we hold others or external factors responsible are “outwardly” directed; and other events for which we consider ourselves responsible are “inwardly” directed. With a professional approach one can “manage” such negative feelings at various levels. This paper attempts to discuss four elements that are needed for management of emotions: beliefs, expectations, comparisons, and worries. Resultantly, the managerial effectiveness increases, if these elements are managed appropriately. ... Read Full Article

Job Satisfaction- An Effective Tool for Reducing Attrition

Employee attrition is a very big problem not only in India but outside India too. Attrition rate is increasing day by day. Why an Employee leaves a company, is the question asked by most of the employers. Companies even hire Private HR professionals to study the company's work and find out, why an employee is dissatisfied.When a business loses employees, it loses skill, experience and “corporate memory”. The magnitude and nature of these losses is a critical management issue, affecting productivity, profitability, and product and service quality. For employees, high turnover can negatively affect employment relationship, morale and workplace safety. The cost of replacing workers can be high, the problems associated with finding and training new employees can be considerable, and the specific workplace-acquired skills and knowledge people walk away with, can take years to replace. The problem of turnover can be addressed through a variety of pro-active retention strategies: workplace policies and practices which increase employee commitment and loyalty. Employee engagement is one of the major retention strategies which reduce turnover and enhancing job satisfaction among employees. The paper is conceptual in nature and focuses on various aspects of employee engagement and how it reduces the turnover of employees ... Read Full Article

Rewards And Recognition of Employees : A Case Study at Grasim Industries Limited, Nagda

Employee reward system refers to programs set up by a company to reward performance and motivate employees on individual or group levels. They are normally considered separate from salary but may be monetary in nature or otherwise have a cost to the company. Companies today have begun to use them as a tool to lure top employees in a competitive job market as well as to increase employee performance. In this research paper I have presented a study done for M/s. Grasim Industries Limited. ... Read Full Article

Taking HR from Backroom to Boardroom

According to classical economists, five fundamental agents of production-Land, Labor, capital, enterprises and organization were essential for the business, wholly consolidating towards production. Many eminent Management Gurus gave excellent contribution towards the management by incorporated research finding plethora tactics and gave a drastic turn towards management but lacking in the sixth factor i.e. Human Relation Approach, for successful utilization of the nation’s most valuable resources, manpower. Our industrial effectiveness depends to a great extent upon physical and mental efforts and ability of those who are able to manage productive operation, without human energy, skill and knowledge, natural resources are inert and little value. The former president of India, Dr. APJ Abdul Kalam identifies India’s human resource base as one of its greatest core competencies in his Book, India 2020- A Vision for the new Millennium, All this not only recognizes the importance of knowledge possessed by individuals in determining the destinies of nations, but also subtly hints that the intellectual, cultural, social, economic and political empowerment of the individuals is the bases on which the modern world will be constructed. This paper illustrates the emerging demand of HR, its growth, demand and its significance in today’s industrialization and how its transformation takes place. ... Read Full Article

Talent Management – A Key to Retention in ITES Sector

The statement “people are our greatest asset", though a cliché that is often heard in corporate boardrooms is, nevertheless, true in most industries. Human resources are not only the drivers and principal value-creators of the output of this industry; they are also the intellectual capital or the ‘investment’. Therefore, attracting, training, retaining and motivating employees are the critical success-determinants. The IT software and services industry has grown rapidly over the last decade. It now encompasses about 650,000 employees. Over the next five years, this number is expected to triple, to over 2 million persons, so as to meet the target of $75 billion in revenues, including exports of over $50 billion. Information Technology Enabled Services (ITES) industry which is on its peak brings in a lot of rewarding career, monetary benefits and the growth potential for young India. Due to a major share of foreign direct investment, the marching of national and international ITES players in ITES landscape is inevitable. The Indian ITES sector is going through a transformation and this emerging market is witnessing a significant change in its growth and investment pattern. ITES is a sector which is experiencing a severe shortage of talented professionals and is invariably facing the scarcity; leading to high rates of brain drain and the organization suffers from talent leak and major crunch of intellectual capital. ... Read Full Article

Role of Principal for Managing Performance Appraisal System

This paper describes the role of principal for designing and implementing the scientific and systematic performance appraisal in educational institutions. The detailed role of the principal is described on various phases of the performance management such as conceptualization phase, design phase, implementation phase and evaluation phase. ... Read Full Article

Attitudinal Changes Needed in an Organisation

In the present open economy, where world is a global village, competition is fierce. An organization comprises of individuals and growth of the organization depends solely on the attitude of all the individuals working in the organization. In the context of emerging challenges in the competitive world to survive, one has to change and change for better and the change has to be positive. Attitudes provide people with a basis for expressing their values and serves as a basis for expressing one’s central values. Hence our experience– good or bad interactions with other humans at sometime or other has a great impact on our attitudes. Positivity is healthier, more energizing, and attractive. Everyone wins when people stop mindless complaining and adopt a positive, problem solving attitude at work. Organizations grow, survive, decline or become extinct, depending on the behavior of the employees. In this paper, some factors to achieve the right attitude and their applicability will be discussed and put into context. ... Read Full Article

Stress Problem in BPO Sector

Business process outsourcing, the most flourishing Indian industry sector has emerged as India’s most promising sector, and has been growing at a rate of 40-50 per cent since its inception. BPO is a very fast paced and a high momentum industry. BPO industry is expected to generate one million jobs by the year 2008. Taking advantage form the abundant skills and low cost benefits, large number of BPO companies have mushroomed in India in recent years, many of the well established IT companies have also started their BPO divisions. But, there is another side of the BPO picture too. The side that has already brought the BPO industry in limelight many times. This picture is concerned with the non viability of the BPO and the fact that the young generation of India is actually loosing out in the BPO. ... Read Full Article

Positive Attitude and Organizational Effectiveness: A Vital Tool of HRD

Attitude is important as it is said, “Attitude decides the altitude”. A good attitude can make a job. A poor attitude can turn even the best job sour. In almost any job there is usually an element of excitement involved. The job can be wonderful or miserable. Believe it or not it’s all in your attitude. “People” are the most valuable and important resource, every organization has in the form of its employees. H.R.D is a continuous process to ensure development of employee dynamism, effectiveness, competencies and motivation in a systematic and planned manner. This paper proposes that it is an organized learning experience aimed at matching the organizational need for human resource with the individual need for career growth and development Positive Attitude will surely add some value to the working, implementation and effectiveness in an organization. ... Read Full Article

Tips for Positive Attitude at Workplace

All of our feelings, beliefs and knowledge are based on our internal thoughts, both conscious and subconscious. We are in control, whether we know it or not. We can be positive or negative, enthusiastic or dull, active or passive. The biggest difference between people is their attitudes. Attitude is a mental position relative to a way of thinking or being; a leaning toward that which we believe. A Positive Attitude is, therefore, the inclination to generally be in an optimistic, hopeful state of mind. It is up to us to choose our attitude every morning. Positive attitude skyrocket the level of happiness, converts problems in to opportunities, reduces stress, enhances creativity, helps to earn respect, friends and lot more. Under the current economic crisis which has affected every enterprise, every sector adversely, it is difficult to maintain a positive attitude at workplace. In fact, sometimes it seems like Mission Impossible. Instead of falling victim to the negative work attitudes that surround us lets make an effort to buck the trend. A positive attitude in the workplace determines how far we can go in our career.We can enjoy our work more and achieve workplace or business related goals more easily and faster. This research paper is an effort to help you build and maintain positive attitude at workplace. It highlights how by following certain specific strategies you can recharge yourself. So its time to dust yourself off, get back into the mainstream, put your dreams together and move forward by following some tips on positive attitude. ... Read Full Article

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