In the present era of dynamic business environment, organisations are being posed with new challenges every day. Globalisation, Liberalisation, Mergers and Acquisitions, advances in communication and information technology, changing mix and values of workforce have created enormous challenges for business organisations. The sustainability and success of business organisations depends upon, how effectively these organisations use their resources. To cope with these challenges, human resources play very crucial role. Human Resource Management focuses on optimal utilisation and management of human resource capital to achieve maximum output. Effective human resource management encompasses wide spectrum of approaches and strategies starting from HR planning, Recruitment and Selection till the Separation of employees. The present study attempts to gain insight into HRM practices being followed by Public and Private sector banks and judge the satisfaction level of employees from these practices. A structured questionnaire is constructed containing various questions on three major dimensions of HRM i.e Recruitment & selection, Salary and Compensation, Training and Development. Survey on sample of 100 respondents from both the Public and Private sector Banks has been administered for the purpose of this study. The data is analysed using statistical measure of Chi Square test using SPSS.
Supervision of banks is necessary to maintain transparency and effectiveness of banking industry. Proper supervisory system helps to maintain financial stability and confidence of the depositors in banking industry. Cooperative banks play a unique role in providing timely and low cost finance to the rural masses. In order to maintain viability and vitality of these banks, a proper supervisory system is more important. In the present study, an attempt has been made to analyse the financial performance of six District Central Cooperative Banks of Patiala cooperative division of Punjab with the help of CAMEL model. The performance of these six banks has been studied in respect of five parameters i.e. Capital Adequacy, Asset Quality, Managerial Efficiency, Earning Capacity and Liquidity. For the purpose of study, secondary data for eight years (2006–2013) has been taken from annual reports of these banks and from ‘Comparative Statistics of State and Central Cooperative Banks of Punjab’ published by Punjab State Cooperative Bank Ltd, Chandigarh. For analysis of data, ratio analysis and statistical tools i.e. mean, compound annual growth rate and t test have been applied. It has been found that in terms of capital adequacy, Ludhiana, Ropar and SAS Nagar DCCB were effectively managing its capital adequacy and had attained the CAR above the recommended rate. In Patiala division all the six selected DCCBs had successfully managed to keep their NPAs at low level and had very good percentage of assets invested in earning assets. In the parameter of managerial efficiency, all the six DCCBs had shown good managerial capability. In earning capacity, all the DCCBs in Patiala division had recorded very less percentage of net profits to owned funds. All the six DCCBs were successful in maintaining a good percentage of liquid assets in the total assets of the banks.
Till today, Web portal Model is popular e-business model which is selling a wide range of products, with both depth and breadth of range. However, over recent years, consumers have become more discerning due to changing lifestyles, spending priorities and shopping patterns (Fisher, 1998). The focus of this research paper is to draw attention of marketers and shoppers towards the need to develop a hypothetical model named Global Super Store Model, is to change the consumer towards provision of providing a wide range of products with price comparison facility on a single portal along with a huge range of brand name suppliers. This research paper is also an attempt to find out the impact of online marketing practices on both existing Web Portal Model and our Global Super Store Model for price as a determinant.
People join organizations with certain motives like security of income and job, better prospects in future, and satisfaction of social and psychological needs. Every person has different sets of needs at different times.
Job satisfaction is the result of various attitude, the person holds towards his job and towards life in general. Job satisfaction of industrial workers are very important for the industry to function successfully. The employee satisfaction depends upon various factors like high salary, more promotional opportunities, work environment, job nature, job security, coordinal communication with the management and relationship with other employees etc. The main objective of this study is to assess the workers satisfaction level towards various factors of wages and salary, promotion opportunities, working conditions, training and development, company policies and rules, relationship with co-workers, job security of an apparel organization in Tirupur district. The sample size determined for the study is 165. The stratified proportionate sampling was used in this study. The primary data was collected through questionnaire. The questionnaire was designed in such a way that it analyses the level of job satisfaction of the employees in a garment company. Thus, the collected data were analysed using statistical tool namely Percentage testing method, Chi-square method and Average rank analysis. It is concluded that majority of employees are satisfied with their salary and training opportunities in their company. Among the various factors ranked, it was found that payment of wages and salary are satisfied, proceeding to co-workers relationship are cordial, Working conditions are satisfied and Promotion opportunities are satisfied are ranked as second, third and fourth, followed by Jobs security, Company policies and rules and Training and development are satisfied respectively.
Finding parking places in crowded city like Mumbai has always been a problem and thin lanes add on to the irritation that too without the guarantee of availability of the parking. Mumbai with a staggering population of over 12 million, is still growing and with the growth the available space is getting lesser and lesser. The growing middle class population has also accommodated to the city life by buying cars and other vehicles for travelling.
Although corporate social responsibility (CSR) is being talking about more and more in recent years, it is also accompanied by many uncertainties and issues. The purpose of this research is to narrow the scope of these issues by interviewing 40 corporate and businessmen based in the city of Mumbai with an open ended questionnaire.
Many factors account for the socioeconomic development of the region such as population, poverty, per capita income, education & literacy, health & sanitation, basic infrastructure & facilitation, etc. Besides the role of local, state and central government, one has to think about the alternative resources to share the responsibility of socioeconomic developments.: Sustainable agriculture consists of environmentally-friendly methods of farming that allow the production of crops or livestock without damage to human or natural systems.
“The only person who is educated is the one who has learned how to learn and change. All of the top achievers we know are life-long learners. Looking for new skills, insights, and ideas. If they're not learning, they're not growing and not moving towards excellence.”
Online education is quickly becoming a major form of engaging in higher education. As more universities move online they will need to find models that create successful business outcomes. By developing curriculum quality, targeted student demographics, brand image, while navigating a complex legislative environment schools will be able to reach more students and create viable models that fulfill stakeholder needs.
“Retaining and attracting high performing talent is a top priority for sustain excellence.”
The present era is an era of knowledge workers. Some knowledge workers work for more than 60 hours a week. As a result of this, their personal hobbies and interests clash with their work. Life is a bundle that contains all the strands together and hence the need to balance work life with other related issues.
In India sugar industry is a second largest agro-based industry with over 600 operating sugar mills across India, about 50 million sugarcane farmers and a large number of agricultural laborers are involved in sugarcane cultivation and ancillary activities. Maharashtra state is the one of the biggest sugarcane production state in India. Sugar industries play the main role to development in Maharashtra. The sugar industry in Maharashtra is most popular in co-operative sector.
No industry, today, can perform any operational processing without equipment. In the ideal productive concern, equipment should be operating at 100% capacity 100% of the available time, producing value. It is for this reason that the companies are gradually beginning to understand the importance of Total Productivity Maintenance, thus moving from Total Quality Management (TQM) to Total Productivity Maintenance (TPM). TPM involves a newly defined concept for maintaining plants and equipment. The goal of the TPM program is to markedly increase production while, at the same time, increasing employee morale and job satisfaction. TPM brings maintenance into focus as a necessary and vitally important part of the business. The companies strive to hold emergency and unscheduled maintenance to a minimum. The objective of TPM is maximization of equipment effectiveness. TPM aims at maximization of machine utilization and not merely machine availability maximization. It is no longer regarded as a non-profit activity.
Soft skills characterize certain career attributes that individuals may possess like the ability to work on a team, communication skills, leadership skills, customer service and problem solving skills. Effective integration of soft skills into the business curriculum can help students obtain and retain employment in the twenty-first century workforce. It is critical to explore the employability skills required for management graduates in India. It is also useful to determine the importance of integration of soft skills into the Indian business education curriculum along with the concepts, techniques and activities used to incorporate specific soft skills by business educators. To enhance the soft skill traits among students training modules have to be designed at college at the under graduate level itself. With these training programs students have a smooth transition from potential employees to young successful managers. In the era of fast emerging changes, there is a need for future global managers with qualities and competencies with global perspective. Quality is the only currency, which is accepted universally and it is also true with education. Educators have to rethink about management education and efforts should be made to create a dynamic environment which can provide quality management education in India. The main purpose of this study was to analyze the impact of soft skills training on the employability competency of B-School graduates and to identify the important skill groups (core soft skills) required for students to enhance employability.
According to Stair & Reynold (Stair, R. and Reynolds, G., 1998), Knowledge is the awareness and understanding of a set of information and the ways in which this information can be made useful to support a specific task or take a decision. Knowledge Management is essentially the processes deployed by an organization such that this knowledge is suitably and efficiently used within the organization.
A diverse workforce is a reflection of a changing world and marketplace. It is a process of creating greater wealth through increased creativity and productivity. Diversity is about all of the various differences each person brings to the workplace or customer base. Considering today's competitive & globalized world, the research study was conducted with the objectives of, Evaluating the barriers for the proper diversity management based on the outcome of the survey& Suggesting innovative solutions to overcome the challenges identified, in the following organizations: Ranbaxy Laboratories Vardhman Mills Ltd
The introduction of Goods and Services Tax (GST) is one of the biggest tax reforms for India. GST is not just a tax change but it will benefit the economy as a whole and have far-reaching impact on businesses. GST is a value added tax (VAT) on both goods and services, as against the prevailing VAT on only goods. The important gains from the GST reform are that it is expected to broaden the tax base, reduce distortions in the economy through a more comprehensive input tax credit, enhance export competitiveness by comprehensively relieving domestic consumption taxes on exports, ensure greater regional equity by getting rid of inter-state sales tax and having a destination-based tax, and help create a seamless national market by removing inter-state trade barriers. It is hoped that the reform will significantly reduce the compliance cost for taxpayers by simplifying and harmonizing the tax structure and by making the administration uniform across states. While the desirability of the reform is not in doubt, making a transition to GST involves not only considerable work but also formidable challenges. Unlike in many other countries where GST is a centralized tax, in India it is leviable by both central and state governments, according to the proposals. This implies that both the structure and administration of the levy will have to emerge after detailed negotiations and bargaining between the centre, 29 states and the two Union Territories with legislatures. This paper is about critical appraisal GST in India.
