COVER STORY
Role of Internet in HRM
-- Rajasshrie Dhobale
This article summarizes how Internet is making a difference in HRM. The dynamic
and interactive facilities have changed the use of Internet. In relation to HRM, different verticals
like recruitment, training and development as well as other functions are getting affected.
© 2010 IUP. All Rights Reserved.
COVER STORY
Twitter : A Popular Recruitment Tool
-- NR Aravamudhan
Twitter is the most happening social media tool we have today. Undoubtedly, it has
radically changed the way we communicate with each other. The surge in the popularity of Twitter
and exponential increase in the number of users support this fact. World over, corporate houses
are latching on to Twitter for variety of reasons but one area where it is gaining currency and
making its presence strongly felt is - recruitment. It may be stretching its credulity bit far, but
yes Twitter as a recruitment tool is being touted as the next big thing in the human
resource landscape witnessing many fads and trends in recent times. Is Twitter just another fad?
This article provides the clue.
© 2010 IUP. All Rights Reserved.
PERFORMANCE MANAGEMENT
The Necessary Evil
-- Abhishek De and Vishaka Shanbhag De
The performance management process in a company is often the most abused process.
Most HR heads and talent managers treat performance management as synonymous
with appraisals. The article presents a holistic view of performance management,
clearly demarcating it from mere appraisals and also suggests areas of improvement in
typical deployment of the process in an organization. An attempt is made to develop a model
in which the various aspects of performance management vis-à-vis planning,
coaching, appraisal and reinforcement can be understood.
© 2010 IUP. All Rights Reserved.
MANAGEMENT
Manage + Men + Tactfully = Management
-- Harjoth Kaur
In any organization, the primary concern of the management is the satisfaction of a range
of stakeholders, customers, suppliers and employees. This involves making profit for
the shareholders, creating qualitative products at a reasonable price for the customers,
and providing best employment opportunities and rewarding the employees. Managing
people becomes one of the main functions in running the organization successfully. This article
talks about the tactics or strategies of managing people and concludes with a few suggestions
on how to win the hearts of employees.
© 2010 IUP. All Rights Reserved.
STRESS MANAGEMENT
Stress Among Bank Employees : A Review
-- Sonit Dutta and H Ramananda Singh
Stress has become a part and parcel of human life and is more pronounced in corporate
life. Globalization and liberalization has made a rapid change in the banking sector and as a result
of it, the employees in this sector have been facing so many challenges. The sizeable increase
in the volume of banking business along with the inherent characteristics of job has given rise
to a lot of stress and anxiety among banking personnel. It is the need of the hour that
the management of bank must provide a stress-free work environment for enhancing
the productivity and well-being of its employees.
© 2010 IUP. All Rights Reserved.
WORK CULTURE
Spiritual Work Culture : Need of the Hour
-- Dr. B Amaranath and S Krishnamurthy Naidu
Today, organizational culture is fast emerging as a source of competitive
advantage. Organizations cannot face challenges like high attrition rate, absenteeism, and
low performance by merely offering fancy benefits and perks. But they can surely be challenged
by creating an open and free organizational culture where people just cannot think of
leaving. People can put in their best efforts only when they feel they are in a right place to work.
This article focuses on bridging the gap between workplace and spirituality and throws light
on activities that foster spirituality at workplace.
© 2010 IUP. All Rights Reserved.
BUSINESS ETHICS
Business Ethics
in Indian Organizations
-- R Chandrasekaran
Even after several amendments in our Constitution, guidelines formulated by
various regulatory bodies and directions by various judiciaries, there is no considerable and
expected development of India. When analyzed, it is comprehended that organizations in our
country lack ethics. Unethical business practices are found at various levelsat the corporate level,
at the employee's level, and at the level of government regulatory bodies as well. Our
erstwhile President, Kalam's dream of India becoming a Superpower in 2020 may come true only
when ethics are strictly implemented in each and every organization throughout India.
© 2010 IUP. All Rights Reserved.
CASE STUDY
Edwards Lifesciences' Talent Management Practices:
Creating a Competitive Advantage
-- Debapratim Purkayastha
This case discusses the talent management processes at Edwards Lifesciences Corp,
the world's leading heart valves and hemodynamic monitoring company. It also discusses
how having talent in key areas helps foster innovation in the company and results in obtaining
a competitive advantage. Since Edwards was spun off from Baxter International Inc. in 2000,
the company showed good business performance with a consistent rise in revenues and
increase in its stock prices. The company's Chairman and CEO, Michael A Mussallem, and its
Corporate Vice-President, Human Resources, Robert C Reindl, saw a good correlation between
its innovation and business performance with a rich pool of talent. The talent
management initiatives at Edwards included a meticulous process to identify the company's mission
critical jobs, talent acquisition, succession planning, training and development, and evaluation.
The company also developed a unique culture that helped it realize its organizational objectives
and promote a performance culture.
© 2010 IBS Center for Management Research. All Rights Reserved.
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