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COVER FEATURE
Tenmiles Corporation
-- Shalin Jain
"We produce world-class software products and leverage innovative trends in product functionality and usability."
© 2008 IUP . All Rights Reserved
GOVERNANCE & RECRUITMENT
Sarbanes-Oxley and implications for recruitment
-- Sumati Reddy
The article analyzes the effects of the Sarbanes-Oxley Act (SOX) of 2002 on the internal functioning of organizations, with a special focus on the recruitment function. It points out that apart from instituting measures to comply with SOX stipulations, it is also important to re-orient HR processes towards building and maintaining an ethical workplace.
© 2008 IUP . All Rights Reserved
INNOVATION
Nurturing new ideas
-- Srikanta Kumar Padhi
`Think global - act local' is a buzzword for global companies. The increased trend towards mergers and acquisitions, alliances, partnerships, etc., insists that corporate world should focus on their employee involvement practices by studying how other global players are evolving by successfully managing innovative ideas. This article focuses on the secrets of successful managerial excellence of most idea-friendly companies i.e., IBM and Toyota. Further, it throws light on the techniques and methodology used by these two companies.
© 2008 IUP . All Rights Reserved
MANAGEMENT
Trust in management : A literature review
-- Smita Gupta
Trust is an important part of strategic choice and managers who develop optimal trust in relationship with workers will improve their firm's performance. Trust tends to encourage risky behaviors, such as proposing creative alternatives in a decision-making group. A review of literature reveals that trust can assume many different forms and may be affected by a number of factors within the context of interpersonal relations. In the light of these factors, this article tries to explore the concept and importance of trust in management in organizations. It also tries to study the factors that affect or determine the level of trust towards management by the members of the organizations.
© 2008 IUP . All Rights Reserved
CRISIS MANAGEMENT
Successful CEOs in different economic times
-- Prof. G S Maheshwari
In today's competitive world we find that many good companies have failed and many new companies have come into existence. Companies have failed because their CEOs failed to recognize the need to change. Their focus drifted from the three Cs - Customers, Competition and Change. Their business became history as they failed to reengineer themselves. This article explores the characteristics of successful CEOs in different economic times.
© 2008 IUP . All Rights Reserved
CRISIS MANAGEMENT
The ailing Citi and the new CEO
-- Annam Anand
The international banking giant was caught in the sleeping mode and posted a record loss of $9.83 bn for the fourth quarter. There are growing concerns that the new CEO with inadequate experience may not be able to revive the ailing firm.
© 2008 IUP . All Rights Reserved
LEADERSHIP
Intelligent leaders
-- Prof. G V Srinivasa Datta
Leadership is one of the most read and researched topics in management. The search is still on to find the unique but still elusive set of skills, abilities and attributes of good leaders. Among the ones identified so far, intelligence is assumed to be of greater importance as suggested by the volumes of research conducted so far. It would be, thus, very useful for practicing HR managers to evolve methods to assess the intelligence of aspiring leaders, who are being considered for promotions or recruitment in practical business environment.
© 2008 IUP . All Rights Reserved
KPO
KPO services : Business dynamics and challenges
-- A Sarangapani and T Mamatha
The realm of outsourcing has expanded the business thinking both beyond creative and geographic boundaries. Indian outsourcing scenario has been developing and adapting to international demands at lightening speed. The Knowledge Process Outsourcing (KPO) industry has opened new vistas to various business opportunities. While on the demand side as quality, prompt response, costs, etc., have emerged as decision factors, the suppliers are struggling to acquire customers, attracting and retaining the talented workforce, meeting the desired standards. It is in this context, the present article analyzes the supply side dynamics of this industry.
© 2008 IUP . All Rights Reserved
CASE STUDY
3M : Cultivating core competency
-- Mridu Verma
This case study talks about the business growth strategies of 3M, a company with diversified business presence. It also outlines how the company used its technological prowess to enhance its business opportunities. 3M's technology portfolio and process capability are at the core of its unique business model. These technology platforms are the threads that weave together the company's diverse businesses. To grow its core business, the company intends to build on 3M's strengths through constant reinvention, stronger key customer partnerships, customization, solving customers' needs, entering niche areas and capturing new segments. The idea is to defend created markets against new entrants, using dual branding in the upper middle market; emphasizing product localization using a mixture of brands and local acquisitions as well as thoughtfully extend private labeling and accurate capacity planning.
© 2007 IBS Case Development Center. All Rights Reserved.
BOOK REVIEW
Social Intelligence : The New Science of Human Relationships
-- Author: Daniel Goleman Reviewed by Dr. Bharti Thakar
The book explores the startling facts about the effects of our interpersonal relationships. Its most fundamental discovery is that we are designed to be social, constantly engaged in a `neural ballet' that connects us brain-to-brain with those around us. Far more than we are consciously aware, our daily encounters with parents, spouses, bosses and even strangers shape our brain and affect the cells in our body. The effect percolates down to the level of our genes for good or bad. Our reactions to others, and theirs to us, have a far-reaching biological effect, sending out cascades of hormones that regulate everything from our hearts to our immune systems, making good relationships act like vitamins and bad relationships like poisons. This book leads us to rethink about some of the fundamental areas of organizational behavior and consequently human resource management.
© 2008 IUP . All Rights Reserved
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