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Management

Effective Executive


October '10
Regular Features
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  • Viewpoint
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Become Your Own Guru
Your Future Depends on Who You Select : Tread with Care
Effectively Using Cross-Selling and Up-Selling to Increase Revenue And Customer Service : A White Paper by Entelechy, Inc.
Leading Simply without Being A Simpleton : Asset Enhancement versus Liabilities Reduction
Relationship Between Leadership Behaviors and Work Outcomes Among Employees : A Case Study on Egyptian Manufacturing and Service Organizations
Human Resource Management and Organizational Commitment to Corporate Social Responsibility : Examples and the Need for Context
Maintaining internal brand communities : The Key to Successful Leadership
The Role of Management Consultancy in Embedding a High Performance Culture : Tracking Performance for Business Continuity
Bioteams : High Performance Teams Based On Nature's Most Successful Designs
Two Engines of Corporate Entrepreneurship : How to Have Your Cake and Eat it Too
Leaders : Rightly Anticipate Human Emotions
Farewell, CK, the Yajnavalkya of New Age India
The Moral of the Moment : The True Definition of Wisdom
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Become Your Own Guru

-- Barry Maher

Article Price : Rs.50

Your Future Depends on Who You Select : Tread with Care

-- Dan Coughlin

Of all the things you will do at work in the next six months, hiring the right people will be the most important. Take your time and hire the right person. That person will dramatically affect the future success or failure of your career.

Article Price : Rs.50

Effectively Using Cross-Selling and Up-Selling to Increase Revenue And Customer Service : A White Paper by Entelechy, Inc.

-- Terence Traut

While cross-selling and up-selling have grown in popularity with businesses, many efforts fail to meet projections. Many factors contribute to a successful cross-selling/up-selling campaign; the most critical - and the one presenting the greatest challenge for companies - is the skill set of the customer service representatives.

Article Price : Rs.50

Leading Simply without Being A Simpleton : Asset Enhancement versus Liabilities Reduction

-- Laurence J Stybel and Maryanne Peabody

Leaders manage complex work systems. Does it follow that leadership frameworks also need to be complex? Simple conceptual frameworks can sometimes inform important and complex systems. Think of Adam Smith's "invisible hand" or Benjamin Graham's concept of value as a guide for stock selection. Think of Maslow's Need Hierarchy. This article reviews the dynamic tension between two simple concepts - Asset Enhancement versus Liabilities Reduction.

Article Price : Rs.50

Relationship Between Leadership Behaviors and Work Outcomes Among Employees : A Case Study on Egyptian Manufacturing and Service Organizations

-- Ghada A El-Kot and Ronald J Burke

Leadership behaviors play an important role in the success of all types of organizations. This study investigated the relationship of four leadership behaviors -leader support, goal setting, interaction, and facilitation - with five commonly examined work outcomes. The analysis revealed that these leadership behaviors were positively and significantly correlated. These findings replicate previous North American and European findings in Egypt and suggest that leadership training and development initiatives represent an important avenue for improving individual and organizational well-being and success.

Article Price : Rs.50

Human Resource Management and Organizational Commitment to Corporate Social Responsibility : Examples and the Need for Context

-- Chris Rowley

Whatever the antecedents and reasons for CSR, it seems to have `staying power' as a HRM and organizational issue. CSR is undoubtedly here to stay. For all the bad examples and criticisms, most CSR cases appear to have a sincere and positive impact, not only for employees but also the wider community and also for organizations themselves.

Article Price : Rs.50

Maintaining internal brand communities : The Key to Successful Leadership

-- Patrick Hanlon

Successful leadership remembers that the company story and its ideals are something that can be controlled, measured, and purposefully engineered. This is how brands not only endure but prosper, long after the original founder has left the building.

Article Price : Rs.50

The Role of Management Consultancy in Embedding a High Performance Culture : Tracking Performance for Business Continuity

-- Simon A Burtonshaw-Gunn

Many businesses forget that the workplace and its culture are not just about provision of economic stability, but a critical source of learning and social interaction for the individual and for the organization in the community within which they operate. To promote this, a corporately social environment needs to be fostered, which truly encourages and rewards organizational leaders for casting their horizons wider than simply considering the minimum and extend this to cultivating an attractive behavioral `blueprint' for their organizations.

Article Price : Rs.50

Bioteams : High Performance Teams Based On Nature's Most Successful Designs

-- Ken Thompson

Bioteams is the new discipline of adapting principles from nature's groups to improve human team performance. These principles if adopted by human teams, in both physically co-located or virtual distributed enterprises, makes them much more agile, responsive and productive.

Article Price : Rs.50

Two Engines of Corporate Entrepreneurship : How to Have Your Cake and Eat it Too

-- Vijay Sathe

Corporate executives usually want the best of two worlds - the successful simultaneous pursuit of the small-is-beautiful and the bigger-is-better corporate opportunities. This article discusses how they can do so.

Article Price : Rs.50

Leaders : Rightly Anticipate Human Emotions

-- GRK Murty

Homer advocates that every man should aim at winning over his own base instincts for, it would reward him with a life of fulfillment and in the case of a leader, it would ensure ardent followership.

Article Price : Rs.50

Farewell, CK, the Yajnavalkya of New Age India

-- Ram Nidumolu

Article Price : Rs.50

The Moral of the Moment : The True Definition of Wisdom

-- Rob L Jolles

Article Price : Rs.50

In many ways a Management Guru is a brave person.

-- Harish Bijoor

The interview was conducted by
Dr. Nagendra V Chowdary,
Consulting Editor, Effective Executive

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Automated Teller Machines (ATMs): The Changing Face of Banking in India

Bank Management
Information and communication technology has changed the way in which banks provide services to its customers. These days the customers are able to perform their routine banking transactions without even entering the bank premises. ATM is one such development in recent years, which provides remote banking services all over the world, including India. This paper analyzes the development of this self-service banking in India based on the secondary data.

The Information and Communication Technology (ICT) is playing a very important role in the progress and advancement in almost all walks of life. The deregulated environment has provided an opportunity to restructure the means and methods of delivery of services in many areas, including the banking sector. The ICT has been a focused issue in the past two decades in Indian banking. In fact, ICTs are enabling the banks to change the way in which they are functioning. Improved customer service has become very important for the very survival and growth of banking sector in the reforms era. The technological advancements, deregulations, and intense competition due to the entry of private sector and foreign banks have altered the face of banking from one of mere intermediation to one of provider of quick, efficient and customer-friendly services. With the introduction and adoption of ICT in the banking sector, the customers are fast moving away from the traditional branch banking system to the convenient and comfort of virtual banking. The most important virtual banking services are phone banking, mobile banking, Internet banking and ATM banking. These electronic channels have enhanced the delivery of banking services accurately and efficiently to the customers. The ATMs are an important part of a bank’s alternative channel to reach the customers, to showcase products and services and to create brand awareness. This is reflected in the increase in the number of ATMs all over the world. ATM is one of the most widely used remote banking services all over the world, including India. This paper analyzes the growth of ATMs of different bank groups in India.
International Scenario

If ATMs are largely available over geographically dispersed areas, the benefit from using an ATM will increase as customers will be able to access their bank accounts from any geographic location. This would imply that the value of an ATM network increases with the number of available ATM locations, and the value of a bank network to a customer will be determined in part by the final network size of the banking system. The statistical information on the growth of branches and ATM network in select countries.

Indian Scenario

The financial services industry in India has witnessed a phenomenal growth, diversification and specialization since the initiation of financial sector reforms in 1991. Greater customer orientation is the only way to retain customer loyalty and withstand competition in the liberalized world. In a market-driven strategy of development, customer preference is of paramount importance in any economy. Gone are the days when customers used to come to the doorsteps of banks. Now the banks are required to chase the customers; only those banks which are customercentric and extremely focused on the needs of their clients can succeed in their business today.

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