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Management

HRM Review


April' 07
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Organizational Culture
The Way Things are Done : Organizational Culture
Advancement of People Management : A Review of Changing Culture
Learning Organization : The New Face of Organization Culture
Labor Warehouse : Crunch of Numbers and Skills
Building Employer Branding for Competitive Advantage : The HR Perspective
Building Rapport with Stakeholders
Knowledge Management : A Myth or Reality
Human Capital Measurement : Techniques and Reporting
Customer Satisfaction Begins with HR at The Ritz-Carlton
     
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Organizational Culture

- - Karen Unwin

By exploring what the term "organizational culture" encompasses, we discover that the customer experience and the very survival of the organization are a direct result of its culture. This cover story describes a framework for understanding an organization's culture and identifies activities for a HR professional to focus on in order to affect positive transformation.

Article Price : Rs.50

The Way Things are Done : Organizational Culture

- - Uma Nath

Organizational Culture is an active phenomenon through which people jointly create and recreate the world in which they live. While creating an organization culture largely depends on the leader and his people and the approach to the industry they work in; sustaining or changing the same at various stages of growth in organization allows for better growth and productivity. What largely matters in organizational culture is how both the internal stakeholders and the external stakeholders of the organization experience and support its goals, mission and vision.

Article Price : Rs.50

Advancement of People Management : A Review of Changing Culture

- - Bharti Thakar

People management has been an integral part of progress from the Stone Age to the present times. The environmental and economic changes have led to major changes in the profile of the employee. The industrial revolution and technological advancement brought in a steady evolution. People management changed as per the circumstances and the needs of the times. The journey has been an extensively beautiful phenomenon in itself. The article researches and reviews the aspects in brief.

Article Price : Rs.50

Learning Organization : The New Face of Organization Culture

- - Shirshendu Ganguli, Andrew Dutta

The concept of learning organization has become vital in today's business world, since the traditional business organization is not able to sustain itself in the ever-changing business scenario. A learning organization helps to build an organization culture which is appropriate for its long-term growth. This article highlights the concept of a learning organization and discusses how it can shape organization culture.

Article Price : Rs.50

Labor Warehouse : Crunch of Numbers and Skills

- - Kunal Gaurav, Madhuri Modekurti

Speculations are doing rounds that when baby boomers will stop working, there will be more jobs available to the young of the US. But contrastingly, although there will be more number of jobs available, the number of appropriate candidates who will take over these jobs will be less. This is largely due to the declining birth rates. In line with this, we can say that, not far from now the world will be witnessing a major shortage of skills and labor that would throw the companies into a dreadful situation. Such a frightening situation will only worsen, if companies don't take initiatives to handle this crisis in time.

Article Price : Rs.50

Building Employer Branding for Competitive Advantage : The HR Perspective

- - Tapomoy Deb

The competition for best employees will remain high in the times to come given the fact there is an acute talent shortage. The ability of an organization to develop meaningful relationship with existing and potential employees can provide it with unique employment value proposition for attaining and sustaining competitive advantage through human resources. HR function has an increasingly important role to play in delivering on the brand promise for improving organizational performance through branding of employment experiences.

Article Price : Rs.50

Building Rapport with Stakeholders

- - Nishant Krishnaraj

An organization's stakeholders form an integral part of it. Over the years, stakeholders-internal and external-have played a vital role in improving the association of an employee towards the various hierarchical structures within the organization by developing a continuous rapport. These rapports have been kindled with a code of conduct and trust. External stakeholders comprise the society, government, creditors, competitors and clients. Understanding, learning and keeping the code of trust with the various stakeholders have turned numerous organizations into successful ventures.

Article Price : Rs.50

Knowledge Management : A Myth or Reality

- - N Padmavathi

This article gives a broad and rudimentary knowledge of management framework, the processes and the benefits. It emphasizes the fact that knowledge management caters to the critical issues of organizational adoption, survival and competence, in an ever-changing environment. It describes how knowledge management embodies organizational processes that seek synergistic combination of data and information processing capacity. The article also analyzes how knowledge management can be used effectively in an organization for its betterment.

Article Price : Rs.50

Human Capital Measurement : Techniques and Reporting

- - K Sangeetha

In the constantly changing business scenario, accomplishing organizational excellence in the marketplace demands high performance on a continuous basis. Organizations that invest in human capital measurement systems have improved employee performance, retention, and enhanced corporate end results. This has led to a deep-rooted transformation of the role of HRD from being a cost creator to being a strategic partner of an organization. This Human Capital Intervention exhibits the clear links between human capital and a company's effectiveness.

Article Price : Rs.50

Customer Satisfaction Begins with HR at The Ritz-Carlton

- - Sumati Reddy

The Ritz-Carlton brand signifies magnificent customer service. It has been instrumental in elevating the levels of customer service worldwide and many of its HR practices are considered to be the best practices in the hotel industry. This case focuses on the HR practices of The Ritz-Carlton, which contribute towards development of customer-centric employees; building and maintaining the The Ritz-Carlton's brand; and maintaining brand uniformity across all the hotels of The Ritz-Carlton group.

Article Price : Rs.50
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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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