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Management

MBA Review


July '09
Regular Features
  • Business Management
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MBA Recruitment in Times of Recession
MBA Euphoria in the Downturn
Relevance of Management Education
Effective Placements: The Issues Behind
ZooZoo Commercials: New Cult of Marketing
Budding Entrepreneurs
An Entrepreneurial Mindset: The Essential Component for a Competitive Edge
Self-directed Leadership in Turbulent Times
Achieving Work-Life Balance Among Woman Employees
India Post Re-engineering the Future
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MBA Recruitment in Times of Recession

-- Bhawna Bhardwaj

Recession throughout the world has forced companies to cut down their operations and lay-off many employees. When MBA aspirants and students see the data of major lay-offs in various sectors, a question that definitely arises in their minds is why to pursue a career in such a field where jobs are scarce and people are being fired. The ongoing global meltdown has forced students to be cautious in their career decisions. This article throws light on the recession and its impact on management jobs.

Article Price : Rs.50

MBA Euphoria in the Downturn

-- Sweta Banerjee

A person holding an MBA degree, completed from a supposedly recognized B-School has a greater scope for a better job, retention or making a job switch in a crisis situation than one who does not hold the degree.

Article Price : Rs.50

Relevance of Management Education

-- Vivekanand

The relevance of management education is difficult to discuss and debate as the concept of relevance itself is complex, ambiguous and multifaceted. In this article, the relevance of management education has been discussed from the perspectives of what should be taught and who should teach. It is difficult to take a stand on both these issues, but there is a possibility of developing some generic guidelines that emphasize integrating the opposites that generally tends to form the bipolar opposites in most of the discussions on relevance of management education.

Article Price : Rs.50

Effective Placements: The Issues Behind

-- Rajendra Chandorkar

Of the millions placed by professional institutions, those who succeed follow a proven path, either knowingly or unknowingly in their corporate interaction. Is it only knowledge acquired or lack of it, the aptitude, attitude or a combination of all these that matters? This article tries to look into the problem of a trainer. Students, unable to retain their jobs, pose a serious problem to many organizations. The problem has a bilateral angle. The performers seek better opportunities and the organizations seek better recruits, resulting in a great turnover of manpower. The cost of new recruitments and their subsequent trainings can be huge, yet it does not guarantee any stable process.

ZooZoo Commercials: New Cult of Marketing

-- MP Vishali

ZooZoos have brought a paradigm shift to the ad world and its stupendous success reveals that the ad world will no longer be dominated by ageing film stars or mediocre sportspersons. The popularity of the ZooZoo ads campaign proves that there are many creative ways to convey a message than age-old practices.

Article Price : Rs.50

Budding Entrepreneurs

-- Stephanie Jones

Is there a connection between MBA students and entrepreneurship? Are MBA students interested in setting up their own businesses as an alternative to regular employment in the public or private sectors? Is this trend on the increase, given the recessionary environment? "Yes", is probably the answer in each case.

An Entrepreneurial Mindset: The Essential Component for a Competitive Edge

-- Mary Kay Copeland

This article challenges the current evaluation system for B-Schools and argues that they fail to measure superior educational outcomes. It also suggests that business schools should practice what they preach and adopt an academic entrepreneurial model that promotes innovation, change, improved market response and superior customer service.

Article Price : Rs.50

Self-directed Leadership in Turbulent Times

-- M Gail Derrick

Leaders see opportunities, while others see barriers. Leaders see fortuitous events rather than obstacles, and leaders know that every experience is a learning event. This sustained learning adds to the knowledge and experience base. In times of crisis, leaders must be learned and capable enough to apply the theoretical to the practical; be able to synthesize the major ideas into applicationa plan of action. Those who are not able to do so, are quickly left behind, and out.

Achieving Work-Life Balance Among Woman Employees

-- Bindu Anto Ollukkaran

Achievement and enjoyment are the two fundamentals in one's life. You cannot have one without the other, no more than you can have a coin with only one side. This article focuses on the different causes of stress faced by women employees in their workplace and various strategies to manage stress at the workplace.

India Post Re-engineering the Future

-- Neha Gupta and Ashwani Agarwal

Having existed for over 150 years, India Post is now face-to-face with the post-liberalization challenges just like most of the other domestic players across industries. Fierce competition and a newly defined meaning of `connectivity' are taking their toll on the department. Suddenly the market structure has changed, the mammoth network of post offices seems so not helpful in retaining the market. The department needs to answer where it lags: Is it the technology, the services, the positioning, the bureaucratic structure or something else?

Article Price : Rs.50

Speak to Win How to Present with Power in Any Situation

Author: Brain Tracy

Reviewed by Kishor Bhanushali

Effective speech is the most important component of personality development. The book shows how to master the art of the winning speech and how to use this art to achieve all goals and objectives of personal and professional life.

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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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