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Management
Global CEO
December'08
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• Book Review

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Business Approaches to Crisis Management
Organizational Learning and Organizational Leadership : Some Paramount Considerations for the Global CEO
Knowledge Management and Repository
Bridging the Gap
Managing Multiple Projects : Smart Way to Crack the Complex Challenge
Implementing Balanced Scorecard for the Hotel Industry
Business Process Transformation : The i-Flex Way
Employee Attrition : A Wakeup Call for Management
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Business Approaches to Crisis Management

-- P Uma maheswari

This article investigates the famous styles of leadership adopted by the top CEOs of recent times. These top CEOs, although having many differences had one common quality, determination. That is the quality which has driven them to exhibit different styles that resulted in success in spite of various critical situations. The best part in the leadership is their self-efficacy, the ability to cope with different situations. This article analyzes in detail the similarities and dissimilarities in their approaches to crisis management.

Article Price : Rs.50

Organizational Learning and Organizational Leadership : Some Paramount Considerations for the Global CEO

-- Steven Crowther and Dr. Paul B Carr

Organizational learning and learning organizations are becoming increasingly important topics for the Global CEO. When one speaks of organizations, it must be noted at the beginning that organizations are comprised of people. Learning and thinking are two inherently human characteristics that play a paramount role within the organization. Before organizational learning can be competently discussed these seemingly simple constructs must be thoroughly examined and operationally defined. This article investigates the construct of organizational learning and offers some suggestions for implementation based upon constructivism method and human interaction.

Article Price : Rs.50

Knowledge Management and Repository

-- Indranil Banerjee

The industry is fast translating into a knowledge-driven entity, depending on its intellectual assets. A systematic approach of capturing the individual intellect and aligning the same with organizational practices and procedures can create a vital information sharing platform. Such initiative while helping to disseminate knowledge amongst the employees can also act as a ready reference for a geographically dispersed organization. The systematic sharing of knowledge ensures superlative individual performance thus enhancing organizational effectiveness. This article aims at show-casing a generic idea about knowledge management and developing a repository for such managerial initiative of organization.

Article Price : Rs.50

Bridging the Gap

-- Kaushik Mukerjee

Companies have always strived to put in excellent performance and bridge the gap between plan and performance. This article delves into the finer aspects by focusing on tools used by CEOs and the top management to ensure better performance. It also explains how leading companies have been using tools like capitalizing on strategic inflection points, exploiting the core competency, complementary extensions, etc. Other aspects such as innovation and learning from best practices have also been stressed. These tools enable companies to get ahead of competitors in a world where differentiation is getting blurred with easy access to technology and markets.

Article Price : Rs.50

Managing Multiple Projects : Smart Way to Crack the Complex Challenge

-- S Jaya Krishna and Dr. K Rajanath

In project-driven sectors like IT, research, design and infrastructure, many divergent projects are often executed simultaneously. As a result, several trade-offs emerge among projects' priorities, resources, timelines and quality. Such nightmarish situations often put senior project executives in deep trouble. This article attempts to let us know precisely what multi-project management challenges are and how senior program executives can work smart to ensure smooth sail, when they handle multiple projects simultaneously.

Article Price : Rs.50

Implementing Balanced Scorecard for the Hotel Industry

-- Sumati Reddy

This article lays emphasis on the relevance of using the Balanced Scorecard (BSC) as a performance management system in the hotel industry. It presents a model BSC for the hotel industry and provides three examples of companies which have implemented the same within their organizations. Considering that the hotel industry is a service industry that gives utmost importance to customer satisfaction and people-related practices, the BSC helps in overcoming the shortcomings of performance management systems based solely on financial outcomes.

Article Price : Rs.50

Business Process Transformation : The i-Flex Way

-- Surajit Ghosh Dastidar

Business Process Transformation (BPT) is all about reengineering the existing business processes and aligning them with the overall business objective of the organization. This article talks about BPT at Syndicate Bank that was implemented by i-Flex which has a specific business process methodology that has metrics for improvement. The Bank was able to cut down on costs significantly as well as increase efficiency because of BPT. However, the true benefits of BPT can only be realized with proper implementation.

Article Price : Rs.50

Employee Attrition : A Wakeup Call for Management

-- Kunal Gaurav and Gowri Deepti

Those days have gone when employees were forced to serve an organization for a long period of time as very few opportunities were available for them. Globalization, on one hand has opened the doors of various countries for the business houses and, on the other hand, it increased the employment opportunities for the citizens of host countries. New age professionals are more powerful than ever before as they are highly educated and are more skilled. This article portrays various reasons for employee attrition and also discusses different techniques to manage the issue efficiently and effectively.

Article Price : Rs.50

Entry and Expansion Strategy

-- Debapratim Purakayastha, P Indu, Syeda Maseeha

This case focuses on the UK-based retailer Tesco's entry and expansion strategies in the Japanese market. It discusses Tesco's international ventures that began in the 1990s and elaborates on some of the strategies that it followed in the non-UK markets. Tesco entered Japan in 2003, after more than two years of research into the retail markets and consumer purchasing patterns in the country. It acquired a local convenience store operator C Two-Network that operated 78 discount supermarkets under the brand `Tsurukame'. It then expanded through a few more acquisitions. The case also details the subsequent launch of Tesco Express stores in 2007 as well as discusses the different localization strategies adopted by Tesco. It concludes by identifying the challenges faced by Tesco in Japan.

Business and Competitive Analysis : Effective Application of New and Classic Methods

-- Authors: Craig S Fleisher and Babette E Bensoussan Reviewed by J Venkataraman

The book essentially deals with the importance and process of turning data and information into insights, which cannot just be ignored by decision-makers in any organization. It explains important analytical methods which can be used by any organization for generating actionable recommendations. The content is basically about analysis which is an essential tool to be used by all managers, specialists and strategists for taking the company forward and sustain all improvements. Organizations need to convert the wealth of data and information available with them into a very valuable form of decision-making. Those organizations that driven by competitive intelligence always need to be analytical to manage their scarce resources effectively. The authors emphasize the importance of analysis in the field of Competitive Intelligence (CI), which has been growing steadily in the recent years. The book focuses on the most common and popular models of analysis used in business.

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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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