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COVER STORY
Family Business Feuds and Succession Planning in India : Some Musings.
-- TN Rama Kumar
The absence of succession planning does not per se lead to business family disputes but is an important contributory factor. The article looks at some good and bad corporate players in this field and comes out with some normative suggestions against the background of a lot of bickerings happening in business families spilling over to the glare of media publicity.
© 2008 IUP . All Rights Reserved
COVER STORY
Succession Planning : A Resurrection
-- Shefali Goyal
In today's world, business leaders are deciding the fate of corporates. These leaders need well-groomed successors to pass the baton tomorrow. Training incumbents for key positions is fast assuming importance as lifetime employment for people is becoming a thing of the past. Furthermore, it has been seen that unforeseen situations can bring a company to a standstill. Thus, it is becoming almost mandatory for key persons to share their domain knowledge with their potential successors. This article examines succession planning in family-owned Indian companies.
© 2008 IUP . All Rights Reserved
GLOBAL HRM
Global HR Professional : The Road Ahead
-- Kavita Shastri and Rajendra Mishra
To become a global HR professional in the true sense can take years. A global professional has to be communicative, collaborative, enduring, supportive, adaptable and aggressive at the same time. This article highlights the ever-changing role of global HR professional and spells the success mantra for the new global HR professional.
© 2008 IUP . All Rights Reserved
LEADERSHIP
Enneagram : Journey Towards Leadership
-- Sr. Lowrencia
The main objective of Enneagram is to discover one's own trait and to build a healthy environment in an organization. The Enneagram is a powerful tool for a leader to enhance his personal and professional growth, apart from ensuring organizational growth.
© 2008 IUP . All Rights Reserved
EMPLOYEE ENGAGEMENT
Making `Gems' Through Employee Engagement
-- PV Raveendra and UM Premalatha
The only sustainable competitive advantage for a company is human resource. An engaged employee contributes more to the organization's success by being intellectual and emotionally bound with it. Such an employee is more likely to stay and become an advocate of the company, its products or services.
© 2008 IUP . All Rights Reserved
WORKPLACE ISSUES
Organizational Behavior : Darker Dimensions Divulged
-- Shivaji Banerjee
The journey of organizational behavior is unending and, with the growing complexities of life, researchers acknowledge the presence of a wide array of dark side behaviors that coexist with the so-called positive behavior. The article sheds light on such dark side behaviors, analyzing their causes and consequences in the context of modern organizations.
© 2008 IUP . All Rights Reserved
WORKPLACE ISSUES
Organizational Pruning : The Right Sizing
-- Gaurav
Every organization wants to be ahead in the race by being agile, competitive and responsive to the external environment and, most importantly, having the right number and right kind of people. Having mentally and physically robust employees is just one criterion. Organizational excellence is achieved through downsizing-one of the key drivers (should be the last option). On the one hand, organizations generally try to minimize attrition and, on the other, they sometimes don't take any measures to control attrition. This article throws light on the strategies adopted to downsize the workforce to keep the organization as lean as possible.
© 2008 IUP . All Rights Reserved
HR CHALLENGES
Emerging Trends in HR Practices
-- Jyoti Budhraja
HR has evolved from a mere administrative rubber stamp to a more active strategic business partner striving for aligning the HR processes with the core processes for attaining business excellence. The article discusses the latest and emerging trends in HR practices in the contemporary scenario with a focus on Indian context. It also explores the role of HR as an enabler in the ever-increasing business challenges.
© 2008 IUP . All Rights Reserved
TRAINING AND DEVELOPMENT
Strategic Learning and Team Learning
-- Swati Agrawal
In the era of globalization, companies are increasingly focusing on managing learning and competencies to improve their competitiveness and performance, and it becomes necessary for them to establish a system which can promote learning linked with strategic demand. This article focuses on strategic learning with emphasis on team learning in creating a learning organization to achieve sustainable growth.
© 2008 IUP . All Rights Reserved
RETENTION STRATEGIES
Attrition in the Indian Retail Sector
-- Nityanand Rao S and Sharvani Bavirishetty
The Indian retail sector suffers from an annual attrition rate of 50%, which is very high when compared to other sectors. In this scenario, HR managers in the retail sector need to come up with new ideas to retain the employees. This article discusses the reasons for attrition and also evaluates some of the retention techniques used in a few reputed retail chains in the twin cities of Hyderabad and Secunderabad.
© 2008 IUP . All Rights Reserved
MANAGERIAL SKILLS
Decision-Making : Looks so Easy, Yet so Hard
-- Manishankar Chakraborty
Decision-making is a complicated process where the consequences can be good or bad depending on the prevailing situations and the decisions taken. In spite of the fact that all and sundry are involved in the decision-making process, very few understand the implication of a decision till they encounter negative consequences. Understanding various decision-making tools will allow businessmen/managers to leverage on these tools to take not only business decisions but also the day-to-day decisions.
©2008 IUP . All Rights Reserved
CASE STUDY
Employees First: The Success Mantra of HCL Technologies
-- L Shankari
This case study sheds light on the novel HR practices followed by the HCL Technologies, which is considered as one of the top-rated IT companies in India, and suggests that other IT companies follow in its footsteps so that they can taste success in this competitive world.
© 2008 IUP . All Rights Reserved
SHORT BOOK REVIEWS
Human Capital Measurement-II Tier Measures - An Introduction and Global HR: Practices and Challenges
-- K Sangeetha and Sanjeev Kumar Singh
The constantly changing business scenario of globalization and privatization has changed the working nature of an organization. This is more so in the knowledge industry where the employees, the human capital are the revenue generators of a company. Human capital II Tier measurement is the strongest link to a company’s financial success in the marketplace.
©2008 IUP . All Rights Reserved
BOOK REVIEW
God Explained in a Taxi Ride
-- Paul Arden Reviewed by Sharbari Saha
Man has so often gone into various discussions on the age-old topic—the existence of God. Over the years, this intriguing question has puzzled man and till date no one has really been able to get a satisfactory answer. Paul Arden has dealt with this very basic question—does man have confidence in himself? The author makes clear what he wants to talk about as he quotes Rene Descartes, "I think therefore I am." This quote features in the book much before the author begins with the contents of the book formally.
©2008 IUP . All Rights Reserved
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