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Management

 HRM Review


December '10
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Managing Knowledge Workers
HR Generalist vs. Specialist : The Characterization Dilemma
Corporate Social Responsibility : From Philanthropy to Responsibility
Retrench Honorably
Revisiting HRD : From Human Resource Development to Performance Perfection Consultant
Changing Role of HR Managers
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Managing Knowledge Workers

-- N R Aravamudhan

Knowledge workers are the key source of competitive advantage for the companies today. The nature and complexity of their work differs from the archetypal workers. The over-arching question that pops up in our mind is "How do we manage them?" It is not easy. But then companies, in a competition-driven landscape is not spoilt for choice. This article traces the origin of knowledge workers, the various kinds of this growing tribe that we see today, their characteristics and more importantly suggests how to manage them effectively.

Article Price : Rs.50

HR Generalist vs. Specialist : The Characterization Dilemma

-- Radha Mohan Chebolu, Mukesh Sagar

In the changed scenario of market-driven business administration, there is a hue and cry about the role and functions of HR professionals who are commonly perceived as insignificant folks in terms of productive contribution. As such, a kind of opinion-building exercise is going on across the globe on the characterization of HR operation as the `Generalist' and `Specialist' styles, which demands more attention from HR think tanks. Rather we call it a dilemma to describe the true functional profile of HR professionals keeping in view the contradictions of the human mindset.

Article Price : Rs.50

Corporate Social Responsibility : From Philanthropy to Responsibility

-- Chandrakanta Sahoo

The concept and practice of Corporate Social Responsibility in India has undergone a process of evolution in the flux of time. The process symbolizes an unending journey which begins with the noble intension of philanthropy (charity or giving without expecting anything in return, but, on the way, the journey has become a matter of corporate responsibility. This article provides an insight into the evolution of CSR in India, CSR models in practice and explores the gap in its implementation procedure.

Article Price : Rs.50

Retrench Honorably

-- Akinchan Buddhodev Sinha, Vijeta Soni

When we are on the rise in our career we feel extremely satiated, but reverse is true when we face job loss or retrenchments. No doubt, sometimes, situation demands downsizing but companies/organizations should follow a proper way of doing it. Job cuts have become a phenomenon, as we have seen from recent global economic meltdown that rendered numerous people jobless. The severity of the pain can be much less for the outgoing workforce as well as the remaining employees if it is undertaken in an amicable way.

Article Price : Rs.50

Revisiting HRD : From Human Resource Development to Performance Perfection Consultant

-- Dr. Sandhya Mehta

Human Resource Development (HRD) professionals need to become performance consultants focusing on performance enhancement and performance perfection. They should proactively identify performance implications for future business goals by establishing a strategic link and channelizing training functions towards business goals and performance. The HRD architecture comprising of HRD function, HRD system and employee behavior needs to shift focus from what people need to learn (training) to the contribution that they make (performance).

Article Price : Rs.50

Changing Role of HR Managers

-- Payal Johari

When all business functions are struggling hard to retain their identity from getting tarnished, HR department is busy cultivating positive vibes among its employees so as to save them from being drained out to other competitors. This entails formulation and implementation of strategic HR plans as per the needs of the management thereby developing an atmosphere of trust, goodness, and transparency. HR professionals need to rejuvenate themselves with skills that have emerged out of recent troubles and challenges like recession, terrorism, and educational upliftment of people across boundaries.

Article Price : Rs.50

Sony Corporation - Future Tense?

-- Vivek Gupta, P Indu

Sony, the Japan-based multinational conglomerate, is one of the leading manufacturers of consumer electronics devices and information technology products. In the late 1990s, it lost its leadership position in many product lines in which it was operating. Moreover, Sony's growing complacency led to it's failing to recognize the growing popularity of new technologies and digital products and the company chose to stick to its proprietary formats. It was caught off-guard and tried to revive itself under the guidance of its first non-Japanese head, Howard Stringer, who took over as the CEO in 2005. For a couple of years, Sony appeared to be on the path to revival. In February 2009, with the aim of addressing the issue of its silo culture, Stringer announced a reorganization that involved changes in the organizational structure. Through this reorganization, he sought to transform Sony into an innovative and agile company.

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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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