Many studies have been done on corporate social responsibility and these studies explain that there is a positive relation between corporate social responsibility and organisational performance, but there is a need to study to know whether companies are accepting corporate social responsibility as an issue which they have to focus only on their current market environment or they are accepting it as a competitive tool for their future performance also. The aim of this paper is to determine the importance of corporate social responsibility for the performance of an organisation. Further purpose of this study is to know whether the organisations are taking interest in performing their responsibilities to the various parts of the society due to the existence of a cut-throat current competitive environment or they are taking corporate social responsibility as a tool by which they can excel in their field in the future also for a long period. This paper is also an attempt to understand that corporate social responsibility is not only a way to improve the performance of an organisation, but also, it is the way by which an organisation can do better in its future for a long period. Read more...
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Subsequent to opening up of the Indian economy, domestic companies have been under competitive pressure from multinational companies from across the world. One of the major reasons for the domestic company’s inability to successfully compete globally is that they have grown up in protected environments and are under prepared to bring in innovation either in products, or processes, or strategies. This paper is an attempt at building a scoring framework for innovation potential in companies based on internal and external elements to them. The framework provides for industry-specific scoring through prioritisation of the internal and external elements. Additionally, the paper introduces a scaling method for assigning scores to the elements of the company. Further, a case study of a company in the auto component industry has been described as an example to show how this framework can be used to assess the innovation potential of companies. The framework is seemingly subjective, but with sufficient justification reliable scores that are reproducible can be obtained. Read more...
Emotions at the workplace are playing a pivotal role in the entire organisation. Emotions are associated with specific events or occurrences in the workplace among the employees. Emotions are the feelings, including experiences, love, care, anger, trust, panic, fear, joy, grief, excitement, depression, etc. Even though emotions are expressed by all in every occasion, the way they express their emotions outwards differ from one individual to another. Leaders, especially carry a major role in influencing the individuals in the organisation. They must have some control over the emotions they carry, and they express before the team members, to enhance and develop the team spirit among the employees. Leaders play a key role in the retention of the employees in the organisations. The present scenario is struggling to retain the employees as the attrition levels all over the world are high. It is becoming a big challenge for the HR managers in the industries to develop strategies, which will boost the employee satisfaction levels, which in turn will enhance the retention rate of the employees. Especially this attrition rate is highest in the Indian Information technology industry. This paper aims to understand the emotional stability of the team leaders and its impact on the retention of the employees in the Indian Information technology industry. The paper also throws light on whether the leader’s emotional stability can retain its employees in the organisation or not. Consequently, this paper is also an attempt to verify whether the women or men leaders have a high emotional stability. Read more...
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January 2019
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