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Management

The HRM Review


December' 05
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Supporting Behavioral Change through 360 Degree Appraisal
360 Degree Appraisal: A Circular Tool of Assessment
Human Resource Scorecard and Organizational Effectiveness
Management Style, Organizational Size and Employment Relations
Best Practices in Human Resource Management
Challenges for HR Professionals in the Knowledge-Driven Era
What We Need Today Are Androgynous Managers
KM Initiatives in India: Key Success Drivers
Succession Planning : Insights and Experiences
     
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Supporting Behavioral Change through 360 Degree Appraisal

- - Radha Mohan Chebolu

Organizational development, which rests on the strength and support of human element, is catching the imagination of several policy-makers leading to the promulgation of several techniques and tools in this direction. The emergence of the 360 degree feedback, a comprehensive mechanism to know the pulse of the organization, has got a lot of implications. The scenario that can be predicted from such an exercise is discussed here in the name of `behavioral change' by addressing the key issue of management support to the process.

Article Price : Rs.50

360 Degree Appraisal: A Circular Tool of Assessment

- - K Mallikarjunan

360 Degree Appraisal is based on the feedback of opinions obtained from all the people around the assessed-employee, i.e., his peers, his subordinates, the internal and external customers and, in short, all those who happen to deal with him in the course of his official functions. The views expressed by the people in the 360 degrees around him form the very basis of assessment of the employee's worth and performance. HR experts believe that such a system of assessing the merit or demerit of an employee turns out to be more realistic; inasmuch as, the system either minimizes or eliminates the scope for human weaknesses, like prejudices, grudges and whims to influence the outcome of the process. 

Article Price : Rs.50

Human Resource Scorecard and Organizational Effectiveness

- - Ramakanta Patra

The need for the value of human resources being shown in the Company's balance sheet has been very nicely brought out in the following poem by Webster: "Though your balance sheet is a model of what balance sheets should be; Typed and ruled with great precision in a type that all can see; Though the grouping of the assets is commendable and clear; And the details which are given more than usually appear; Though investments have been valued at the scale price of the day; And the auditor's certificate shows everything O.K.; One asset is omitted, and its worth I want to know; That asset is the value of the men, who run the show".

Article Price : Rs.50

Management Style, Organizational Size and Employment Relations

- - Keith Abbott

The views and values of managers and/or owners have been shown to be an important ingredient in the type of systems they chose to apply when dealing with employeeswhether these be wedded to pluralist or unitarian ideas about the nature of work and workplace relations, or to collectivist or individualist ideas about how workers and their representatives should be regarded. The literature in this area too has typically looked at this question with little regard for the size or scale of the organizations in which the systems operate. This paper disaggregates these views and values by looking at the impact of various managerial styles on the conduct of employment relations in differently sized organizations. The discussion concludes that large organizations confront market conditions and contain operational contingencies which allow them to make certain choices about employment relations in ways that are not always available to small to medium-sized organizations, and that the same is true in the opposite direction.

Article Price : Rs.50

Best Practices in Human Resource Management

- - Sumati Reddy

This article focuses on the importance of developing and maintaining best practices within the HRM function. It is believed that best practices, when applied effectively within the HRM function, can translate into a number of benefits for the organization as a whole, and lay the foundation for developing best practices at the organizational level. This article includes HR concepts and best practices pertaining to Strategic Human Resource Management (SHRM), HRM sub-functions, and employee welfare.

Article Price : Rs.50

Challenges for HR Professionals in the Knowledge-Driven Era

- - Rajashree Vyas

In this knowledge-driven era, change is the only constant. This poses challenges for HRM which could start from bringing about changes in the organization's structure, workplace, knowledge management as well as negative practices like poaching. All HRM activities need to be looked at again in order to develop an environment which fosters growth.

Article Price : Rs.50

What We Need Today Are Androgynous Managers

- - K Gayathri Reddy

What we need today is a `s/he' manager or if you like a `he/she' manager; in other words, managers who use their emotional intelligence more than relying on the left side of the brain, which is the logical and deductive side. This article is based on the book, The Androgynous Manager: Blending Male and Female Management Styles for Today's Organizations, 1983, authored by Alice G Sargent.

Article Price : Rs.50

KM Initiatives in India: Key Success Drivers

- - Swati Raman

In an economy where the only certainty is uncertainty, the one sure source of competitive advantage is knowledge. When markets shift, technologies proliferate, competitors multiply, and products becomeobsolete almost overnight, successful companies are those that consistently create new knowledge, disseminate it widely throughout the organization, and quickly embody it in new technologies and products.

Article Price : Rs.50

Succession Planning : Insights and Experiences

- - VV Ramani

Retaining talent requires a considerable amount of planning because performing people will always seek a clear road map for their growth. Besides, effective organizations are those which look into the future and carve out a scenario or perspective. Succession planning guides the development activities of the executives and sends the right signals to the internal and external stakeholders.

Article Price : Rs.50

Global Executive Summaries

  • Sharing Knowledge in Knowledge-intensive Firms
    Full Text: Human Resource Management Journal, Vol. 13, No. 2, 2003
  • Unpacking the mysteries of Change: Mental Modelling
    Full Text: Journal of Change Management Vol. 5, No. 1, March 2005
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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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