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Management

Effective Executive


Dec'12
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From Technically Competent to Organizational Leader: Practical Insights on the Five Critical Roles in an Organization
Is There a ‘Dark Side’ to Work Engagement?
A Real-World Story of Employee Engagement
Yesterday, Trustworthy Was Good Enough; Today, Only Trustability Will Do
Cultural Barriers to Employee Engagement in the Not-for-Profit Healthcare Sector in Egypt
Creating an Effective Risk and Compliance Culture
Unproductive Reactions to Change: How to Recognize and Deal with Them
Engagement, ‘New Leadership’ and High Performance Organizations
Building Personal Resilience at Work
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From Technically Competent to Organizational Leader: Practical Insights on the Five Critical Roles in an Organization

-- Dan Coughlin

Every business needs multiple roles to be filled. They are all important. Being good at one does not mean you would necessarily be good at another one, and that is okay. One mistake is in treating people in one role with less dignity and appreciation than people in a different role. Another mistake is leaving a person in a role when it is not the right role for him or her, even if he or she really wants to stay in that role.

Article Price : Rs.50

Is There a ‘Dark Side’ to Work Engagement?

-- Simon L Dolan, Ronald J Burke and Scott Moodie

Work engagement has emerged as an important concept in positive psychology and has been shown to influence levels of both individual and organizational performance. Efforts are being undertaken to identify the ways of enhancing the levels of employee work engagement, as a result. While agreeing that work engagement generally has positive consequences we raise four issues that suggest that high levels of work engagement may have a ‘dark side’ for some employees in some contexts.

Article Price : Rs.50

A Real-World Story of Employee Engagement

-- Edmond Mellina

Managers should avoid forcing people into a process, as involvement is indispensable to engagement. Managers must remind themselves that disengagement is even more contagious than engagement. Therefore, employees who remain disengaged despite doing all must be removed from the team. Employee engagement beats employee satisfaction as an indicator of productivity and business success.

Article Price : Rs.50

Yesterday, Trustworthy Was Good Enough; Today, Only Trustability Will Do

-- Don Peppers and Martha Rogers

Economics may not be everything, but for a profit-making company with employees to pay and shareholders to satisfy, it is almost everything. So it is extremely important that for most companies, acting in a customer’s interest is nearly always going to be economically beneficial for the firm in the long run, even if it costs the firm money in the short term.

Article Price : Rs.50

Cultural Barriers to Employee Engagement in the Not-for-Profit Healthcare Sector in Egypt

-- Stephanie Jones and Akram G Ghabbour

Given the cultural barriers, how does a not-for-profit healthcare business empower and engage the workers? First of all, through changes in leadership; and secondly, through training and performance management, and other direct interventions aimed at helping the workforce.

Article Price : Rs.50

Creating an Effective Risk and Compliance Culture

-- Bob Murray

Making a practice of praising people—even for just doing their jobs, acknowledging them in appropriate ways and looking for what they are doing right—at all levels of management helps increase corporate profitability by around 20%. It pays to look for what is right even in failures, and build on peoples’ strengths.

Article Price : Rs.50

Unproductive Reactions to Change: How to Recognize and Deal with Them

-- Terence R Traut

Change affects people differently, sometimes in unproductive ways. Recognize the unproductive reactions to change and effectively help people through change.

Article Price : Rs.50

Engagement, ‘New Leadership’ and High Performance Organizations

-- Colin Coulson-Thomas

‘New leadership’ favors approaches that deliver quickly and are flexible and adaptable. If support is allowed to become out of date, it may be abandoned by people who are forced to look elsewhere for what they need. If the help that is provided remains current and relevant, it is likely to be appreciated and used. If it both engages and helps people to cope and excel, it is more likely that relationships will be mutually beneficial and both individual and corporate aspirations achieved.

Article Price : Rs.50

Building Personal Resilience at Work

-- Rod Warner and Kurt April

Resilience is needed by staff in organizations to cope with daily stress as well as to adapt to large-scale organizational change. The paper summarizes the importance and benefits of resilience at work. The process of experiencing adversity with and without sufficient resilience and the relationship between resilience and change readiness are outlined. A study was undertaken to develop an understanding of personal resilience that could be used to develop training to enhance resilience of staff at work. The study and the outcomes of a model, constructs and elements of resilience are presented. Training, based on these concepts, was conducted and delegates reported statistically significant change over time.

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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