| COVER
STORY Succession
Management
- - Uma Devaguptapu
Organizations
with a built-in culture of succession management have a smooth transition of leadership,
a committed workforce, and show higher success and growth rates. The need for
initiating this process, ways to do it, the challenges, and its short- and long-term
benefits for the organization are highlighted in this article. It also attempts
to bring together the theory and practices of the best-in-class organizations.
© 2006 Uma Devaguptapu. All Rights Reserved. COVER
STORY Why
Succession Planning and Management Makes Greater Business Sense Today?
- - Monica Reddy
Succession planning is a deliberate and systematic effort by an organization
to ensure leadership continuity in key positions. The aim is to retain and develop
intellectual capabilities and knowledge capital for the future and encourage individual
advancement. This article discusses as to how an effective and well-thought-out
succession plan provides the management with a healthy channel for the continuity
of the right leadership in the organization.
© 2006 Monica Reddy. All Rights Reserved. CHANGE
MANAGEMENT Change
Management : It Has No Substitutes
- - Rajashree Vyas
Companies
need to be flexible and innovative in their ways to deal with the unfamiliar situations
that they often find themselves in. We are in a period of great change. The reality
of yesterday proves wrong today, and nobody really knows what will be the truth
tomorrow. The steadily increasing complexity of the world is asking too much of
us. How can weindividuals as well as organizations prepare ourselves for an uncertain
future? It can be done by creating our own future. Change management means empowering
organizations and individuals to take over the responsibility for their own future.
This article describes the challenges of change faced by today's managers and
how to cope with these challenges and lead the organization.
© 2006 IUP . All Rights Reserved
EMPLOYEE
RETENTION HR
Strategy: To Attract, Train and Retain Employees
- - Sandhya Mehta
The
challenge for the HR professionals today is not only to attract and attain the
right employees, but also to innovatively train them. Companies should not wait
for any untoward event to occur, but proactively innovate and tailor their processes
so as to train their people to align with the changing situations. This article
discusses the strategies for effective recruitment and retention of employees,
a major challenge in today's changing business scenario.
©2006 IUP . All Rights Reserved
PERFORMANCE
MANAGEMENT Linking
Performance Management to Reward System: Strategy for Corporate Success
- - Tapomoy Deb
Given globalization of economy and business, hiring and retaining top performers
has assumed critical importance for the organizations in delivering excellent
results year after year. Moreover, devising performance-linked reward and compensation
system is necessary for winning and keeping talents for attaining and sustaining
corporate success. This article explores the bottlenecks associated with effective
implementation of performance management system, strategizing its effective implementation
and finally devising a robust reward system.
© 2006 IUP . All Rights Reserved
ORGANIZATIONAL
CULTURE Sociological
Theorization of Organizational Culture
- - Rashmi Sharma
Organizational
culture is the web of unstated understandings, boundaries, common language, and
shared expectations maintained over time by the employees. Anthropological and
sociological perspectives provide a platform to define building blocks of culture,
considering the fact that organizational culture adopts many common terminologies.
An attempt has been made in this article to present a theoretical overview of
organizational culture.
© 2006 IUP . All Rights Reserved
WORKPLACE
ISSUES Managing
Workplace Stress: An Effective Approach
- - N Kalai Selvan
It is very essential to manage workplace stress because it affects not only
the individual and the organization, but also the society at large. This article
discusses the different categories and stages of workplace stress and suggests
various approaches to manage it for the betterment of the individual and the organization.
© 2006 IUP . All Rights Reserved
EXIT
INTERVIEWS "Why
Do You Go?": How Exit Interviews can be Used for Retaining Employees
- - Diganta Chakrabarti
Interviews conducted with the employees leaving an organization can provide
extremely helpful insights to the organization. The feedback provided can be utilized
to frame and execute appropriate retention strategies and to overcome high employee
turnover. This article tries to focus on the modalities of conducting exit interviews,
the problems involved and benefits expected out of it.
© 2006 IUP . All Rights Reserved
CASE
STUDY Effectiveness
of Training : A Case Study of Greenpeace
- - S Sudha
Training
is performance oriented. Changes in behavior can only be bestowed if learning
takes place. Training refers to the attainment of knowledge, skills, and competencies
as a result of the teaching of vocational or practical skills and knowledge that
relates to specific useful skills. This case study explains the training principles
applied by international non-profit organization, Greenpeace.
© 2006 IUP . All Rights Reserved
BOOK
REVIEW Retrain
Your Business Brain
- - Dr. Donalee Markus, Lindsey Paige Markus and Pat Taylor Reviewed by Reshma
Abraham
In
today's hyper-competitive environment, we need to constantly retrain our business
thought processes to meet the real-time demands of faster and more complex systems
of operation. Dr. Donalee Markus taps the power of visual imagery and cutting
edge research in neuroscience to provide puzzles that enhance mental agility and
effectiveness in actual corporate situations.
©2006 IUP . All Rights Reserved
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