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COVER
STORY
Knowledge
Management : HR Perspective
-- Sarika Arora Saini
Today,
most of the organizations are in the process of re-engineering,
restructuring and retrenching. With an increase in the lay-offs,
workflow attrition and rapid turnovers, the problem of information
exchange is compounded. Also, when employees leave, they take
valuable intangible corporate assets with them in terms of
tacit knowledge. These intellectual resources need to be captured
and capitalized on for the use by other employees.
© 2007 IUP . All Rights Reserved
COVER
STORY
Strategic
Human Resource Management : An Investment Perspective
-- Bani Kochar and Ajay Kumar Saini
The
classification of employees as human assets applies significantly
in the organizational context and implication of the same
from an investment viewpoint. When an organization views its
human "assets" from an investment perspective, it establishes
feasible policies and procedures on how to best invest it
on its own people and deploy capital, resources and other
variable factors of production to meet concrete performance
goals. Since the human assets cannot be emulated, they become
the competitive advantage that can help the organization rule
the market.
© 2007 IUP . All Rights Reserved
COVER
STORY
Temping
: The Booming Business - An Analysis
-- K Sangeetha and Smitha Das
The
constantly changing business scenario of global competition
and labor scarcity has made "temping" an effective HR strategy
which provides various employment solutions to business. Its
popularity is mainly attributed to its creation of competitive
advantage for the companies in terms of greater workforce
flexibility, increased profit, cost-efficiency, maintaining
continuous business cycle, etc. These have contributed in
a big way to the growth of temporary staffing industries.
The increased services of temping firms to provide a wide
variety of HR services from recruitment to end-to-end activity
management has encouraged many industries to use temps as
never before, thus making temping a booming business that
contributes to the increased employment and global economy.
© 2007 IUP . All Rights Reserved
COVER
STORY
Strategies
for Surmounting : High Attrition
-- Swati Gupta
In today's competitive business environment, success is
highly dependent upon the employee retention. So, if an organization
wants to achieve goals through people, better HR practices
have to be adopted to bring down the attrition levels. This
article focuses on the causes of high attrition rates in various
industrial sectors. It also focuses on a few strategies which
may be adopted by an organization to minimize, prevent and
overcome high attrition rates.
© 2007 IUP . All Rights Reserved
ORGANIZATIONAL
EFFECTIVENESS
Developing
Human Assets or Managing Processes : What is the Source of
Sustained Organizational Effectiveness?
-- Mike Hartsfield and Paul Carr
Of
late, there has been widespread discussion on the issue of
Human Relations Management (HRM). This article focuses on
different perspectives of HRM. Efficient management of human
resources is vital for the success of an organization. Thus,
the HRD department should endeavor to keep the employees happy
by involving them in the entire process of a project. It should
also facilitate the employees' learning and promote creativity
among them.
© 2007 IUP . All Rights Reserved
GLOBAL
HRM
Coping
with the Challenges in a Global Economy
-- Soumya Gaddam
Cultures,
diversity, attitudes, languages, gender, food, habits, time
zones, work, rewards, structure, education, religion, legal
systems and emotions..., the list of such words keeps on increasing
in this global economy and the multicultural corporate world.
This article gives us a brief idea about how to cope with
cross-cultural challenges faced by HR managers and employees
when the business spreads its wings to foreign lands.
© 2007 IUP . All Rights Reserved
ORGANIZATIONAL
BEHAVIOR
The
Nature of Emotion and its Relevance in the Organization
-- Suravi Mandal
This
article explores the nature of emotion, its relevance in the
organizational as well as in the occupational context. Emotion
is very complex and flows into every activity as it relates
to the self and others. Positive as well as negative emotions
influence the organizational work life in many ways and bring
out varied consequences. Emotion, directly or indirectly,
mobilizes the organizational functioning through job tasks
and interpersonal encounters which determine the flow of the
work and direction of the organizational effectiveness. Emotional
regulation holds sufficient importance in the work place as
emotions are charged by the internal diffused mental state
of a person as well as by external identifiable sources.
© 2007 IUP . All Rights Reserved
BUSINESS
ETHICS
Ethics
and CSR : Do They Accelerate or Hinder Business Growth?
-- Rashmi Joshi
Business
ethics and Corporate Social Responsibility (CSR) are essential
in a business. Business decisions have many influences that
can stretch beyond an office. In this case, the notion of
CSR provides a direction for a business to relate with these
dimensions and take a note of its social impact. It can contribute
towards trust-building through various social initiatives.
This article shows how business ethics and CSR are not an
attack on the profits but a firm step towards generating it.
© 2007 IUP . All Rights Reserved
NETWORKING
Social
Networking Sites : HR Issues
-- Subhasis Ray and K Bhattacharya
In
today's fast moving world, the Internet has given a new connotation
to the term `social networking sites'. Websites like Myspace
and Facebook facilitate closer interaction among people with
similar tastes. These sites are, more or less, like a real
life club where the members from across the globe share gossips,
videos, etc. However, the misuse of such public domains can
result in denting the corporate brand image. Many of the companies
today have appointed managers to resolve such security related
problems. On the other hand, in order to recruit eligible
candidates, the HR personnel use such social networking sites
to find relevant data pertaining to the candidates.
© 2007 IUP . All Rights Reserved
PERFORMANCE
MANAGEMENT
Appraisal
Blues Appraisal Blues
-- M Bhaskara Rao and K Gayathri Reddy
Employees
today have a vast array of options to choose from. So, employee
retention and nurturing are top priorities for companies as
the supply-demand gap is widening. In a scenario like this,
performance management systems are very crucial for managing
employee expectations and to meet the corporate growth plans.
This article attempts to focus on common appraisal blues and
suggests measures to handle the annual personal appraisals.
HR managers should strive for an environment where employees
feel: "Great! It's appraisal time" and say goodbye to appraisal
blues.
© 2007 IUP . All Rights Reserved
MANAGERIAL
SKILLS
Decision-making
Skills in the 21st Century --
Bholanath Dutta
A
manager makes decisions after decisions. The managers see
decision-making as their prime duty. In today's borderless
world, taking an effective decision is a tough task. A systematic
approach and good understanding of the subject will definitely
help the managers to take right decisions.
© 2007 IUP . All Rights Reserved
BOOK
REVIEW
Occupational
Health - Issues and Strategies
-- Sanjeev Kumar Singh
Human
suffering has no measurable cost, unlike the economic losses.
Estimates from, for example, the US, the UK, Germany and Norway
put the direct cost of accidents in billions of dollars. In
many developing countries, death rate among workers is five
to six times more than those in the industrialized countries.
Yet, the phenomenon is still largely undocumented and there
is insufficient political will to address the problem. Around
the world, millions work in poor and hazardous conditions.
Every year, more than 2 million people die in work-related
accidents and of diseases.
© 2007 IUP . All Rights Reserved
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