2. The quality of work
life in any
organization is greatly
influenced by the
ethical and moral
values prevalent in
that organization.
An article by
Dr.Upinder Dhar
& Dr.Santosh Dhar.
BBuussiinneessss MMaannaaggeerr MMaayy 220011551
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A day in the life
of a partner
Leaders are the bedrock of
institutional identify,form,substance,
character and functionality.
An article by Dr.Ganesh Shermon.
5
The article attempts to
understanding the
influence of a leader's
personal spiritual belief
and engagement for
driving follower
perceptions,
motivation,retention
and performance. An
article by Dr.Rabindra
Kumar Pradhan &
Lalatendu Kesari Jena.
12
40
Ends Rule Supreme,
means are Secondary!
10
Dr.Vinayshil Gautam
Managing Time :
New approach from
ancient Greece
Time management is based on a
thousand year old theory of the four
elements.An article by Dr.Rajveer
Choudhary 40
4
The recipe of a good
leader
Good leaders are armed with
foresight and adaptability.They don't
rule from a manual but rather
customize a culture that is specific to
each company,its mission and the
personality of its workforce. An
article by Dr.A Jagan Mohan Reddy.
16
Skill development still
holds the key!
Corporate training/skill
enhancement programs boost the
confidence of students in different
areas of management and business
practices.Training assures stability in
an employee's professional and
personal growth,which is why
training is a corporate imperative. An
article by Neeru Anand .
41 Employment
records can be
maintained in
electronic form
Sec.4 of the Information
Technology Act provides
legal recognition of
records maintained in
electronic form. An article
by H.L.Kumar
56
58 How PF
amendments
proposals may
affect employee
Adapting
organizational change
Most of the times,when a change is
implemented in an organization,
employees show their resistance to
change and make efforts to resist
the change.Successful organizations
respond intelligently to factors
which precipitate this change to
their advantage and create a win-
win situation.An article
by Upasana Gupta.
43
Feedback without
prejudice
Spirituality atWorkplace: Role
of Engaging Leadership
The proposal of withholding 10 per cent of
the fund till subscriber turns 50 is aimed at
discouraging subscribers from
withdrawing the PF amount before
superannuation.
Employee Retention
Strategies
The nuances of talent retention
ALOK NIGAM
Retention comes from
empowerment & challenge
SANJEEV HIMACHALI
DNA of retention lies in
engagement
VINEET GAMBHIR
Steps to employee retention
NAINESH SANGHAVI
Strategy only works when
followed consistently
SHWETA TANGRI
The retention story!
RAHUL KULKARNI
All about being sensitive
to people’s needs
DEBJANI ROY
People Retention
R.VENKATANARAYANAN
Have meaningful practices!
NAGESH MARWAHA
Alok Nigam Sanjeev Himachali Vineet Gambhir
Nainesh Sanghavi Shweta Tangri Rahul Kulkarni
Debjani Roy R.Venkatanarayanan Nagesh Marwaha
20-39
3. 63
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Questions by readers on variety of
problems they face at work and answered
by Anil Kaushik Chief Editor.Look at it.
These may also be of some help to you.
47
64
Latest from the
Courts
Latest verdicts from different High Courts and Supreme
Court effecting employer employee relations.49
46
Dr. Pravin Durai 60
BBuussiinneessss MMaannaaggeerr MMaayy 220011552
62
By Mihir Gosalia
Form of participation
should be suitable to
work environment
61
Readers are invited to comment on articles published
in BM through email at : bmalwar@gmail.com
Great read
APRIL issue was a great read. Guess HR, perhaps, is most challenged to ensure
adherence to values, given their authority to build policies & programs that
support value based behaviors. Seeing a lot of conviction amongst the
authors on the need to build a value based enterprise.
-Dr. Ganesh Shermon
Relevant
A very relevant topic, particularly, in
today’s environment of fast growing
and mushrooming of start ups.
Business has changed in more ways
than one. IT and e commerce have
brought in new dimensions and
some companies have grown too
rapidly. In this rapid and sudden
growth the aspect of a structured
organizational culture is often
forgotten or slips into a lower priority.
In such cases it evolves on its own
and later its very difficult to correct it.
The organizational culture is most
certainly the responsibility of the top
management - owners, promoters
etc. This needs to be deliberately
decided and disseminated in clear
terms. Thereafter its entirely a collaborative effort. Every single person in the
organization needs to take ownership of it. This is a deliberate exercise and
does not happen on its own. And if it does ..... there is danger.
-Brig. Sushil Bhasin
Grasping
Greetings !!!!! Contents of Workplaces Ethics are very grasping and gripping ,
But the Credibility of HR Comes from Competence, Connect and care ------
DO'S and DON'T'S are apprehensive .
I believe who works like ---DO'S and DON'T'S will ameliorate in his/her
working style and raise.
-Pooja Sharma
Make things happen
Greetings! It has been great pleasure of continuously reading Business
Manager-HR Magazine. I am sure, HR personnel have gained from the
opinions and views shared by eminent HR professionals from time to time. I
was going through the April, 2015 edition, HR: Charting new territories by
Mr.Rajesh Padmanabhan.
a) The changing business scenario demands the Line Managers to be the HR
Managers for their team and HR to provide specialized services which
influences direction and strategy.
b) HR should be able to predict organizational changes and strategize how to
apply it to the people charter in sync with the business objectives.
c) The key role for the upcoming HR is to “Lead the Change” along with
CEO/Leadership.“MAKE THINGS HAPPEN”
d) HR to constantly focus on promoting fungibility in the system.
e) Encourage Leaders to create winning teams.
f) Create investment Managers and not spend Managers.
g) Cultural building in every single way is HR’s responsibility and this gives a
great opportunity to write the success and play a vital role in organization
building.
h) HR needs to have global mindset.
i) Modern Day HR.
Rajesh, True HR Leader, great personality.
-Satishkumar
Amitabh Akhauri conferred upon the '100 Most Talented
Global HR Leader' Award
Insurance Cos to cushion employee needs in Job loss time
Salary increases in IT Companies to remain around 10%
Labour Cess Proceeds only for Workers' Welfare: HC
Labour Cess Proceeds only for Workers' Welfare:HC
By Simran Oberoi
Rewards & Recognition
45
Recognition
Strategy
Is workers' participation
in management practical
and useful?
Event Report
Aparna Sharma's book on Human
Resources launched at Mumbai
4. BBuussiinneessss MMaannaaggeerr MMaayy 220011553
I
t is no wonder HR people at workplaces
everywhere devote much time in either
taking proactive initiatives to retain their
quality people or doing firefighting to
maintain lower attrition rate. What should
be the point of worry for HR; is it attrition
figures or retention efforts? It looks like same
but not in reality.Trying to have a lower attrition
rate would not increase the retention rate.
Many organizations do all possible to arrest
attrition of employees but hardly focus on
retaining the people who matter most for the
organization.There is a difference between the
two. Attrition is sometimes good for the
organization.Let mediocre or underperformers
look for other opportunities and leave the
organization.But it is the performers for whom
there should be strategies in place to keep
them continuing because the reasons
employees leave the organization are very
different from the reasons because of which
they stay in.
When opportunities beckon, the high rate of
attrition is not surprising. Also it becomes
difficult to retain employee even after having
robust employee related policies and practices.
However,there are some common reasons that
specially cause employees to leave. The
retention strategies of any organization should
start from selection point.It should not become
a case of mismatch. Qualified should not be
taken as qualitative. We also should not chase
for best to retain. There is nothing like best in
the world. The best is one who has talent,
values and qualities that meets your
requirement, gets embedded in your culture,
understand your business and deliver
optimum by gaining competence and
confidence in short period.
Individuals differ in many respect.HR has to do
analyses to identify non monetary interests and
preferences of those employees and meet such
preferences in action whom they want to
retain.Strategies are not going to remain same
forever in the organizations. After regular
intervals you need to dig novel approaches to
maintain effective manpower. Such strategies
can not be orchestrated in isolation but must
form part of overall organization’s HR policies.
Also retention strategies can not bring desired
results if they are copy pasted. Every
organization has its own set of hygiene and
motivating factors.
It would not be appropriate for me to discuss
here about retention strategies because
experts with resounding experience and
wisdom have enough to tell you all about
innovative retention strategies, one can have
and what’s happening currently in corporate
world in the cover story pages.
If you like it let us know.If not,well,let us know
that too.
Happy Reading!
Not in isolation
May, 2015
Vol.17, No.11
https://www.facebook.com/businessmanagerhrmagazine
Anil Kaushik
www.businessmanager.in
Visit us on:
Chief Editor
ANIL KAUSHIK
Associate Editor
Anjana Anil
Hon'y Editorial Board
Dr. T.V. Rao
Dr. Rajen Mehrotra
Dr. V.P. Singh
H. L. Kumar
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The views expressed in the articles published in
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the magazine, errors do occur. Publishers do not
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T
oday, companies are in a constant
flux with the ever changing business
environment. Changing economic
climates, political trends, changing
consumer demands, management
policies or structure, employment levels and
financial resources assert that organizations
that cling on to static structures will ultimately
lose out. Success goes to those who can
visualize how markets are changing, identify
new configurations of service or delivery and
"change the rules of the game.
Successful organizations respond
intelligently to factors which precipitate
change. In the best of times, organizations are
involved in exciting opportunities as a result of
new products, new technologies and new
initiatives. In challenging economies and
uncertain political environments,
organizations are often faced with changes of
varied nature, and these changes disrupt the
status quo and causes stress to people involved.
(Olson, 2008) The way in which the
transformation of an organization is carried
out is reliant almost entirely on the leadership
style and the culture that are present in the
organization. This is one of the most important
reasons that leadership is crucial to the
successful implementation of organizational
change.
Most of the times, when a change is
implemented in an organization, employees
show their resistance to change and make
efforts to resist the change. For example- "It's
not my job I will not do it" or "I haven't got time".
Employees give their excuses to show that the
new ways are vague and not useful for the
organization. For example- "This new idea will
not work at all", "If it's such a good idea, why
didn't we do this the last time management
changed its mind?" or "It will all change again
next month". Even if they are forced to change
the ways they work they feel stressed &
demotivated and give statements like- "I'm
keeping my head down this time", "Nobody told
me about it…" or "The boss doesn't care
anyway". All these kind of statements prove
that change is not being managed properly in
the organization and employees are not willing
to implement it.
There is no single methodology for every
company to manage and implement the change
process; however a set of practices, tools, and
techniques can be adapted to a variety of
situations. Here are few guiding principles that
can be applied in different situations for
transformational change.
1. Address the human side of change
systematically: Any transformation of
significance creates people issues. New
leaders are asked to step up, jobs are
changed, new skills and capabilities must be
developed, and people become uncertain
and resist for change. Dealing with these
issues on a reactive, case-by-case basis puts
speed, morale, and results at risk. A
disciplined approach should be used to solve
out these issues.
2. Change starts at the top and begins on
day one: Change is inherently unsettling
for people at all levels of an organization,
and when it is on the horizon all eyes will
turn to the CEO and the leadership team for
strength, support, and direction. The
leadership must change first to challenge
and motivate the rest of the institution,
speaking with one voice and "walking the
talk" to model desired behavior.
3. Real change starts at the bottom: As
transformation programs progress, it
affects different levels of the organization.
Adapting organizational change
Most of the times, when a change is implemented in an organization, employees
show their resistance to change and make efforts to resist the change. Successful
organizations respond intelligently to factors which precipitate this change to their
advantage and create a win-win situation.
Upasana Gupta
Asstt.Professor,Lal Bahadur Shastri Institute of Management &Technology,Bareilly
6. Adapting organizational change
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Strategy and target setting is usually the
responsibility of the leadership team,
Implementation relies on line managers and
individual contributors.
4. Change the attitude of employees: Leaders
can help the change process by changing their
employees' attitude towards resistance and
encouraging them to accept change and
welcome the positives that the transition will
bring. This is often best accomplished by
changing avoidance questions and statements
into acceptance questions:
From "Why we should change?" to "What it will
provide?"
When employee asks "why," leaders should focus
on the benefits that the change will provide
them and the organization.
From "How will this affect me?" to "What
problems will this solve?"
Anything that prevents something from being
better is a problem. Let employees know what
the problem is and how they will be part of the
solution.
From "We do not do it this way." to "What would
it look like?"
Leaders should provide plenty of explanations
and compassion, and get their team to ask and
answer questions. So that they may know how
change will affect them.
From "When will this change be over so we can
get back to work?" to "What can I do to help?"
Leaders should get employees involved in
implementing the change. They should help
them to become part of it.
5. Expect loss of productivity initially: At the
initial stage of the change cycle, chaos follows
inevitably. If change is well planned, the
transforming idea is included in the change
plan, and one can expect the period of chaos to
be as short as possible - but one should not
expect it to be shorter than possible. Expect
some chaos. And chaos ultimately depresses
productivity. Count on it.
6. People change for better rather than worse:
Threats are fine for determining behaviour, but
they just don't create real change. Here are two
approaches that don't work: "You better do this,
or it's your job." "If we can't figure out how to do
this, we'll be out of business." Instead, realize
that lasting change comes from within - from
the heart, from the spirit. To create lasting
organizational change, you must develop a
vision of a better work life - a vision that people
can really believe in.
7. Confront reality, demonstrate faith, and
craft a vision: For successful implementation
of change, it is required to confront the most
brutal facts of the current situation, explain the
vision, i.e., where you are going and what you
need to do to get there, and retain faith that you
will prevail in the end regardless of difficulty.
8. Practice targeted over-communication: The
best-laid plans are only as good as the
institution's ability to understand, adopt, and
act on them. Too often, change leaders make the
mistake of believing that others understand the
issues, feel the need to change, and see the new
direction as clearly as they do. Communication
(both outbound and inbound) should be targeted
so as to provide employees the right
information at the right time, to solicit their
input and feedback and to check in on their
emotional response to what they've heard.
9. Prepare for the unexpected and
backtracking: No change program has gone
completely according to the script.
Organizations do not move smoothly from old
status quo to new status quo. People will react in
unexpected ways, areas of anticipated
resistance will fall away, and the external
environment will shift. Effectively managing
change requires constant reassessing of the
impact of change efforts and the organization's
willingness and ability to adopt the next wave of
transformation.
10. Speak to the individual as well as the
institution: Change is a personal journey as
well as an institutional one. Individuals need to
know how their work will change, what is
expected of them during and after the change
program, how they will be measured, and what
success or failure will mean for them.
11. People don't forget what they already
know: Although we know quite a lot about how
to show people new ways, very little is known
about how to make people forget old ways. The
old ways will stay with the organization, no
matter how tightly you try to constrain - or
coerce - people to follow new paths. This means
that after you've educated everyone about the
new ways of doing things, the old patterns are
still there. And people are always free to fall
back on the old ways. The only way to limit this
behavior is to make the new ways so appealing
and fun that people will choose them over the
old ways. How you do that depends on what
you're changing and on your particular
organizational culture.
Most leaders contemplating change know that
people matter. In order to carry out the set plans
and procedures, leaders have to face more difficult
and more critical human issues. The guidelines
shared can help dispel some of the mystery of
successfully mastering the "soft" side of change. As
Charles Darwin quoted, "It is not the strongest
species that survive, nor the most intelligent, but the
ones who are most responsive to change."
There is no single methodology for every company to manage and implement the change process;
however a set of practices, tools, and techniques can be adapted to a variety of situations.
BM