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The IUP Journal of Soft Skills
Focus

In this age of intense competition and unprecedented uncertainty, organizations do not merely look for technical skills in employees to succeed at workplace. To make a decisive contribution and leave an indelible mark in today’s environment, one has to be adept in dealing with one’s own self, others and clients. Professional excellence today is a line hung on two points, namely, technical skills and soft skills. Thus, there is a brisk demand for those who possess technical skills with a solid assortment of soft skills. For instance, organizations look for those who have the splendid ability to make presentations and sound refreshingly exciting or energetic while interacting with clients and employees. Most of the companies are looking for people who along with unassailable hard skills also possess an excellent ability to communicate clearly, listen attentively and respond empathetically, and possess an invincible personality. Managers who possess such great blend of soft skills can create a reverberating climate where employees can peak high levels of performance. Organizations thus are expending lots of money in honing up soft skills among its managers to enhance their effectiveness.

In their pursuit of imparting soft skills to its employees, organizations face innumerable challenges on multiple fronts. There is too little time available for training, and budgets for training are ever shrinking, making it difficult for managers to design and deliver training with maximum effectiveness. Jean Adams, in the paper, “Practical Advice for Developing, Designing and Delivering Effective Soft Skills Programs”, elaborately dwells on the issues involved in designing the content for soft skills training, and learning methodologies and offers excellent insights on making soft skills training more effective by emphasizing the need for e-learning to impart soft skills. The paper suggests that online-based soft skill programs with seemingly limitless potential can be an effective strategy to shift the control of learning and development from organization to individuals.

How to be successful at campus interviews is the question that intrigues thousands of engineering graduates as they anxiously gear up for campus interviews. As innovation in the business landscape shifts at breathtaking pace, organizations unquestionably look for engineers who are full of ideas that fuel innovation. However, companies do not just seem to lay singular focus on technical abilities but also curiosity, excellent interpersonal skills, and the ability to work in team which can stimulate and fuel creative thinking among the employees. In the paper, “‘Hired for Attitude and Trained for Skills’: Engineering Graduates’ Employability in Indian Software Services Industry”, the authors, V K Gokuladas and Sandhya Menon, focus on the factors that contribute to the success of engineering graduates during the campus interviews.

Self-regulated learning has attracted the attention of scholars and managers across the globe. Self-regulated learning indeed is highly efficacious and leads to solid academic achievement due to the choice and control it offers to the learners. Given the huge explosion of knowledge and multiplicity of interests among the learners, self-regulated learning becomes extremely relevant and imperative to autonomously fulfill one’s potential and make learning a stimulating experience. The paper, “A Study of the Impact of Self-Regulated Learning on Academic and Career Goal Clarity Among Postgraduate Women Students of Bangalore”, by Bharati Rao Pothukuchi, S Anil Kumar and Mihir Dash, examines the impact of self-regulated learning on academic and career goal clarity among the women students. It demonstrates how self-regulated learning helps learners to further their interests and set own goals, leading to career clarity and greater employability.

Companies no longer wait for the print media to carry the promotional messages, offers or features. The exciting news about the companies can travel faster through digital media. Whether it is a world-class business or small business, digital marketing has become a buzzword that can make or mar the business. The impact of digital media has not only been debated extensively but also measured accurately to know what it can do to a business. In the case study, “Digital Marketing at Nike: From Communication to Dialog”, the authors, Debapratim Purkayastha and Adapa Srinivasa Rao, insightfully discuss how the sportswear company, Nike, has leveraged the digital marketing as an effective tool to achieve its marketing goals.

-- Mendemu Showry
Consulting Editor

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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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