Showing posts with label MBA. Show all posts
Showing posts with label MBA. Show all posts

Friday, September 20, 2013

Fight for rights still a core agenda

The First World War witnessed the rise of a mass labour movement and spread of trade unionism, majorly in the unorganised sector. Its initial militancy rocked the complacency of the old leadership. The most salient constraints facing the Industrial Relations in Asia shifted from maintaining labour peace and stability to increasing both numerical and functional flexibility during the 1980s and 1990s. The trend is evident in seven ‘representative’ Asian IR systems – Japan, South Korea, Singapore, Malaysia, the Philippines, India and China.

Main Influences on Asian IR Structure

The IR systems in Asian countries have emerged from circumstances similar to those that have influenced countries in other developing regions. Western models of IR do not adequately explain and help us understand the shape of Asian IR. The distinguishing features of a developing country’s IR systems have been explained as: “...a dualistic economic structure, where a pre-capitalist economic system mainly dominates the scene; a small industrial sector and the related small numerical size of the working class; a segmented labour market, where a sharp dualism both, between modern and traditional manufacturing sectors and between small and large firms exists; the dominance of the state in the industrial sector; weak trade unions, and, thus the absence of collective bargaining between employers and employees.”

On the whole, western industrialisation did not take place under State direction or patronage, but in a laissez-faire setting in which an entrepreneurial middle class moved the industrialisation process forward, which in turn created a distinctive working class. Due to its relative homogeneity, this working class found it possible to organise itself collectively into trade unions to protect and further its interests. Western governments did not ‘create’ unions. Click here to read more...

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Friday, July 26, 2013

An Interview with Prof. Pranabesh Ray (Dean, XLRI, Jamshedpur) suggests the management-union dialogue is the best way to deal with workplace issues

Q. In case of a labour union-management clash, what should be the best way for the management to respond?
A. If you look at our legal structure, we will see that our labour laws have evolved in a peculiar manner. Today, the government’s role is much more than what is required between the management and labour relationship. For example, our constitution gives us the fundamental right to form a union and association under Article 19 (1) C, but unfortunately in that legal structure there is no law for their compulsory recognition. Except for some small pockets in Mumbai, nowhere in the country the management requires to recognise any union.
Recognition allows communication with the management, which does not happen. So, even if I have the right to form a union, nobody will listen to me. Communication will happen only when they are forced through some industrial action, like strike. And, therefore, need for a third party or a tripartite mechanism has been emphasised. Labour and management should be allowed to sit and settle their matter amicably. They must understand they are vital for each other’s existence and thus need to listen to each other.
Q. With HR becoming proactive in organisations, where does that leave trade unions in today’s scenario?
A. HR is becoming proactive, but unfortunately its proactiveness is not percolating to the grass-roots level. The movements of HRD are still restricted to executive or officer level. If you look at people specialising in HR from various institutes, you will find they are actually not going through hardcore IR issues and are more into strategy, T&D and performance management.
Q. The 1980s saw a number of strikes and lockout, which declined with the turn of the decade (in the early ’90s). To what can we attribute this decline?
A. There could be various factors such as opening up of economy, better evolved employers who were sympathetic to employee needs, and better salary structures. When labour and management interact the outcome is often positive, but when the third party intervenes the real problem starts. Click here to read full interview...

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Thursday, April 18, 2013

The curriculum of Higher education in India needs a major transformation so as to connect the teachings imparted in class with the lives of students and to prepare them for future

According to a case study of the Indian National Curriculum Framework (NCF) by Professor Rohit Dhankar of Azim Premji University, Bangalore, “It does not seem to be possible to challenge the entrenched rote-learning pedagogy in Indian classroom and constantly increasing curricular load without taking a more clear, robust and coherent epistemological position.” Sadly, the frameworks does not say that a better expressed and a more effectual epistemological standing can work out these problems, rather they argue that if we want success, repetitive memorisation becomes a crucial weapon in the arsenal of educational reforms. But in order to face the challenges thrown across by the changing dynamics of various industries, the focus should be on helping students develop skills such as critical thinking, collaboration in the team, contemplation from a historical perspective, interpersonal communication, innovative presentation and exhaustive research competence.

Though some initiatives are being prepared by some education bodies, critics have their doubts. Not very long ago the Central Board of Secondary Education (CBSE) announced that it will try out an international curriculum (CBSE-i) from the next academic year. It planned to introduce this curriculum in 100 schools across the country that aimed to promote community service by students from standard I in alliance with an NGO and to focus on research from standard IV.

The board believed that this curriculum would assist students in pursuing higher studies abroad and collaborate with global markets. But educationists are skeptical about this. Many of them believe that the board is not doing anything novel. It is trying to introduce something that is already present in the NCF. They also feel that developing a child’s social consciousness is as important as enhancing its knowledge. Click here to read more...

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Thursday, February 07, 2013

Dr. Upinder Dhar (Vice Chancellor – JK Lakshmipat University) says the missing state support is imperative for the academia growth

Q. How far is the fee structure a determining factor while joining a private institute?
A. High fee structure is not a deterrent for quality institutions. Even IIM Ahmedabad charges INR 15.5 lakh. Students are sceptical of paying large amounts where credentials of an institution are not well-established.

Even in the case of IIMs, the fellowships during research programmes are nowhere near the salaries.

Q. Today when universities are mushrooming, attracting and retaining competent faculty members has become a major challenge. How do you deal with it?
A. We provide total academic and professional freedom. The faculty is free to undertake research and conduct training programmes.

The faculty is encouraged to network with peers nationally and internationally. The university has tie-ups with five leading institutes globally for joint research and academic collaboration. The faculty is also encouraged to attend conferences and is nominated to present papers in India and abroad.

Q. Many students are increasingly heading offshore for higher education. Does this reflect the poor state of our higher education system? What can be done to alter the scenario?
A. The need is to encourage and appreciate good institutions in the country. There needs to be a proper mechanism to support quality upcoming institutions. Another need is to encourage Indian institutions collaborate and to tie up with well-acclaimed foreign institutions.

Q. What are your thoughts on providing global exposure to students?
A. The interaction of students with global academia is already happening. India is fast emerging as a global player on the educational landscape, attracting the attention of best academia across the world. Global academia is visiting India and local students are able to interact with international faculty directly or through video conferencing now. Click here to read full interview...

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Monday, December 10, 2012

Leadership is a skill, and any skill must be learned and developed.

Q. In today’s scenario it has become essential to keep reinventing oneself. How can an organisation help its employees in this endeavour?
A. Make it a part of the review process. Get employees to think bigger in terms of their work; challenge them. People and organisations that are too comfortable rarely reinvent themselves.

Too often we ask employees to do things without teaching them how. Do you have an organisational process for reinvention? Develop tools that managers can use with those, then lead to help them reinvent themselves.

Q. Today, succession planning has become critical to leaders and organisations. What measures would you suggest to deal with this complex issue?
A. The first step is awareness. That sounds obvious, but I find many firms are in a kind of denial: they know they need a succession plan, but “not yet”. We should always be thinking at least two steps ahead, especially in terms of future leadership.

The next step — and I have referred to it already — is having an effective process. Succession planning should never be haphazard but rather a carefully considered process.

Q. So, what is the most interesting project you are working on, and what are your future plans?
A. I am spending more time these days thinking about who gets followed and why. I am interested in understanding how leadership may have changed due to technology, generational differences and other factors. And, as always, I have got at least two new book ideas I am working on.

Q. You have authored some bestsellers on leadership and management. What inspires your writing?
A. My goal is simple: to help readers. I try to provide insights that will make the reader’s personal and/or professional life better.

Q. What is your advice to young professionals set to enter the corporate world?
A. Expand your horizons and think beyond the familiar. I believe experience is the best teacher, and therefore, advocate trying lots of things to get lots of experience. But it is also important to contemplate what you have learned from your experiences. A variety of experiences without any reflection is of limited value. Read more...

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Monday, December 03, 2012

Challenging the public’s mind

Masters in science and management, Mr. Himanshu Sinha is an alumnus of the Indian Institute of Management, Ahmedabad (IIM-A). He has nearly 19 years of experience of leading the HR, Personnel and Administration departments. Mr. Sinha has also worked with organisations such as, Asahi India Glass Ltd., Cummins India Ltd., and Gordon Herbert India Ltd.

Q. Please share your thoughts on the turnaround in a public sector organisation? How different are the HR challenges here in comparison to the private sector?
A.
Turnaround in a public sector organisation is mostly undertaken to revive it financially, by taking it on the new or different trajectory, change of products or services, due to loss of competitiveness, failure to achieve the desired results, modernisation and other such factors. Any such turnaround exercise is supposed to be undertaken in a well planned and systematic manner in order to achieve the desired goal.

The basic challenges, as far as HR is concerned, remain similar in both the sectors. In a public sector organisation, the challenges lie more in motivating and changing the mindset of people. It is the same set of people who have been working with the organisation for a long time and that too in a value-based culture. As far as HR is concerned, several tools in the form of various OD interventions are available today to support a turnaround and to attain the desired objectives or results. Although even today there is little agreement on what HR strategies lead to a successful turnaround, either in public or private sector organisation. Read more...

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Monday, November 26, 2012

Ready to nurse an ailing business?

With 30 years of experience in the corporate sector, Dr. Michael Teng has been a torchbearer for many companies facing corporate distress. He has spent 20 years working as a CEO for multinational, local, and public listed companies, and has authored 27 books which can help sail companies through turbulent times.
His bestseller, ‘Corporate Turnaround: Nursing a sick company back to health’, talks about how to diagnose a company when it is sick and prescribes effective management principles and theories for a holistic corporate turnaround.


Q. Define the HR’s role in turning around a healthy business in to a world-class organisation?
A. It is important for a business to develop a strong corporate immune system, i.e., corporate culture which is flexible, innovative, and swift in handling the marketplace changes. The human resource management has an important role to foster this culture by making sure that the message is properly communicated, and policies are put in place and executed well.

Q. Please give us some effective and easy-to-administer techniques which can help HR restructure a company during turnaround.
A. The concept of 4Cs: Communication, Concentration, Cost Control, and Cash Flow Improvement, applies here so as to get control over the sinking ship.

Communicate with your key stakeholders to explain and get their support to your turnaround plan. Concentrate by focusing on core competency, which is necessary to avoid dissipate the limited resources. Cost control is the best antidote in bad times, but one has to be careful in cutting costs as it might hamper the business in a long run. Cash flow improvement is the lifeblood of the company and one has to look into the receivables and payables, inventory, credit terms, etc.

Human Resource department also needs to monitor and follow up to ensure employee morale does not take a beating, messages and policies are properly communicated and implemented. Read more...

Thursday, November 22, 2012

Partners for a sustainable solution

Q. How can a CEO help transform traditional HR to strategic HR?
A. If a CEO believes that “people are the most important assets an organisation has”, he or she would be personally involved in building talent pipeline, developing talent and strengthening organisation culture.

Q. What are the CEO’s expectations from HR?
A. Primary goal of strategic HR function is to increase organisation effectiveness by focusing on real business challenges. The expectation is to identify HR focus areas which help the organisation achieve its objectives. Overall, employee motivation and productivity have to be at the centre stage.

Q. And what does HR expect?
A. The core of the expectation is for the CEO or the functional leader to believe in the criticality of people and the focus needed on building talent. The core expectation of motivating employees, developing them and enhancing their effectiveness remains the same.


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IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM's Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri - A Man For The Society....
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
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Thursday, November 01, 2012

Organisation’s objectives and direction

To understand what the CEO expects from his HR, we need to understand the mandate and the vision the CEO or the business leader has for the organisation, and what the CEO feels is his or her most critical responsibility or challenge. With the rapid globalisation of business, the key challenges for almost all CEOs today are: 1.Sustainable and profitable growth 2.Managing globalisation and diversity 3.Creating a workplace that spurs innovation 4.Managing and retaining talent 5.Managing costs 6.Using technology to stay ahead of the pack 7.Being prepared for the future

Today, executive level business leaders are looking to their HR organisations to answer critical people and talent questions to address the above challenges and to anticipate and prepare for future challenges. While many will question the role HR can play in terms of costs and technology, the fact remains that if HR has stepped up to take the role of a business partner, it needs to be able to find ways to help overcome challenges beyond its core skill areas.

To be able to deliver on these expectations, HR needs to evolve beyond the traditional strategic HR model. Dave Ulrich and Wayne Brockbank’s HR Business Partner model has helped HR professionals integrate more thoroughly into business processes and align their day-to-day work with desired business outcomes. In the future, the ways in which HR professionals will serve as business partners will continue to evolve, and require more expansive understanding of the organisation and business. The HR leader of an organisation is uniquely placed to have an in-depth understanding of people and processes vital to the firm. Increasingly, human resource professionals will have to be able to assess the human capital impact attributable to gain or loss in market share, profit margins and stakeholder value. Read More...

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Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri's Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM's Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri - A Man For The Society....
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
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IIPM B-School Detail
IIPM Links
IIPM : The B-School with a Human Face

Thursday, October 25, 2012

Prof. R.S. Sirohi (Vice-Chancellor, Invertis University) tells us about The Barriers between Education and Students in Rural India

Continued....Lack of trained faculty is another impediment according to Prof. Sirohi. He says faculty crunch is a serious issue in many institutions, including Invertis, which is taking vigorous steps to address the problem. “As the university is not situated in a big city, lecturers and professors are apprehensive about joining Invertis (approx. 250 kms from Lucknow),” he tells as a matter of fact. Also, majority of students come from rural areas and lack basic communication skills. Therefore at Invertis, there are training cells for both students and faculty, he says and feels that developing soft skills is one of the most difficult parts of training.

Invertis organises a host of programmes like debate competitions and discussions to help students better their communication skills. Universities in rural India have an additional responsibility to prepare their students to face the outside world. They can do a phenomenal job in removing the inherent hitch in those coming from a rural background, he opines. At Invertis, the need to adapt to industry is well understood. Therefore, the curriculum changes every two years. This is done keeping in mind that the corporate world is growing at a fast pace and updating syllabi will equip students better to face the stiff competition, emphasises Prof. Sirohi.

“We also plan to explore opportunities to have an association with foreign universities. Our objective is to provide exposure to Invertis students,” he reveals. Prof. Sirohi, however, refrains from commenting on the future trends in the field of education. Today, the scenario is dynamic and it is very hard to predict the future. “We need to focus on building a strong base and provide opportunities to students for overall growth. Only then can they pave a way for themselves,” Prof. Sirohi signs off. Read More...

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IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
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IIPM's Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri - A Man For The Society....
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail
IIPM Links
IIPM : The B-School with a Human Face

Wednesday, November 12, 2008

It will be as hung, as unstable and as prone to rabid horse trading as the current dispensation.

Amidst this Singh is King hype, not many are paying attention to what the next Lok Sabha will lookDr. Manmohan Singh like. If you are Third Front romantic, you might believe that Prakash Karat and fellow comrades will forge an unbeatable strategic alliance with Mayawati. If you love saffron, you think that despite the setback of as many as 10 MPs deserting the party during the crucial vote, the BJP and the NDA will leverage inflation and anti-incumbency to storm back to power. If you still nurse dreams of Rahul Gandhi leading the nation one day, you are confident that the Indian voter will go back to the Nehru-Gandhi family in a decisive way.

Lets take the Third Front first. Apart from the Left, the Mayawati-led BSP and just maybe Chandrababu Naidu-led TDP, no other constituent can hope to reach double digits. The only way the Left will go from its current tally of 59 seats is way, way below in the next elections. Even die hard supporters of Mayawati won’t give the BSP more than 50 seats. Together, the two will win less than 100 seats. The entire Third Front will be lucky to win even 150 seats. The only way they can form the next government is if either the Congress or the BJP support a tottering, unstable regime a la the Deve Gowda and Gujral years.


Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

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Friday, October 24, 2008

Travails of the comeback kid

Dell’s success mantra till date had been “customised product building” an approach that worked immensely wellDell with professional and corporate clients, which soon became a cut throat market as these people had a good knowledge of products and prices. The need to find new customers had Dell changing its direct selling philosophy and entering the retail mode. Starting from June this year, Dell began to sell its PCs through Wal-Mart and Sam’s Club stores in US and in important emerging markets like India (through 40 Tata Croma stores) and in China (where it intends to open 3,500 retail sites) to complement its direct sales business. The retooling drive also focuses on paying more attention to detailed designing and colours.....Continue

Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

Read also :-