Paper Title

VIRTUAL TEAMS- BUILDING BLOCKS OF ORGANIZATION LEARNING

Abstract

Virtual teams are the latest addition to the new management trends that have resulted due to globalization across the globe. It has become a necessity for companies to have people from two different areas (regionally/globally) to work on the same project based on the expertise the people provide to achieve a common goal together. There is a constant knowledge flow from these virtual team members to each other as they work on a single project at a time.
This article focuses on virtual teams and their management in a noted IT company. The virtual teams here specifically refer to the group of people here as well as in US who corroborate together to work on a development of a product, i.e., a mobile application with the use of information technology. The study focuses on understanding whether the information is shared between the team mates cross country and if shared how much is it retained. A small sample is chosen to understand the above.
A standard structured questionnaire is used to know the opinions of the employees in the company and thus the results are interpreted.
Keywords – Virtual teams, management, effectiveness, learning.

Paper Title

Students Awareness towards Career Creation with Job Portals

Abstract

This article attempts to evaluate the job seeker’s awareness on online job search engines to get employed with respect to their qualifications. It gives the outline of job seekers’ knowledge towards the E-recruitment process with the help Job Board Sites and also how they are utilizing the E-resources available in the market to lay down a remarkable career path. The data has been composed through a well thought-out questionnaire by taking a sample of 100 Job Seekers’ (Final Year Pursuing Graduates & Post Graduates) who are studying in the surrounding degree colleges, engineering colleges, and MBA colleges in Khammam district, A.P. and the respondents are personally interviewed. The research reveals that job seekers are having lack of knowledge on online job portals in the way how to utilize the job portals, how to register in a website with all his/her qualifications, qualities etc., and this research shows the difference between post graduation and graduate students in terms of “knowledge on job portals”. Finally, some important suggestions listed and advised to students how to utilize Job Portals and how to lay their Career Path by using Electronic Recruitment techniques like E-recruitment websites.

Keywords – Online Job Portal, E-recruitment, Students Awareness, Job Seekers.

Paper Title

HUMAN RESOURCE PLANNING IN MODERN BUSINESS ENVIRONMENT-AN OVERVIEW

Abstract

MEANING
Many business owners prepare a business plan before starting their business However; small business owners often do not include human resource planning as part of their over-all business plan. They may start out with only a few employees or none at all. The success of a business is directly linked to the performance of those who work for that business. Underachievement can be a result of workplace failures. Because hiring the wrong people for right job, failing to anticipate fluctuations in hiring needs can be costly, it is important to put effort into human resource planning taking the time to forecast future hiring needs today will save time and money in the long-run.HR planning must be tied to the overall business plan. The process can starts by assessing the current conditions and future goals of company. Perform these assessments regularly.

DEFINITION
“Human Resource planning is concerned with the flow of people into, through, and out of an organization”.
“Human Resource Planning is a both a process and set of plans. It is how organization accesses the future supply of and demand for human resources. In addition, an effective Human Resource plan also provides mechanisms to eliminate any gaps that may exist between supply and demand. Thus Human Resource planning determines the numbers and types of employees to be recruited in to the organization or phased out of it”.
“Human Resource Planning is the process of forecasting a firm’s future demand for, and supply of, the right type of people in the right number.”

SCOPE OF THE STUDY
The daily demands and hectic lifestyle of business owners and managers often has an unfortunate by-product: human resource planning gets placed on the bottom of the list of things to get done. Failure to anticipate potential changes in workforce often leads to last minute “crisis mode” decision-making. Needless to say, quick fixes are no solution to long-term issues. To
determine current and future human resource (HR) needs, a five step approach can be employed. Such steps include the following: determining business goals, undertaking environmental scans (including a workforce analysis, as well as internal and external scans), conducting gap analyses, setting HR priorities, and measuring, monitoring, and reporting on progress. Retention and attraction in today’s changing labor market requires government to look at the key drivers that are important to employers and potential employees. Diversified and Challenging Work, An Attractive Compensation Package (not just salary), Advancement Opportunities, Access to Continuous Learning, Opportunities for Personal and Professional Growth, An Inclusive Workplace, Work-Life Balance, Ongoing Recognition of Contributions to the Organization. An integrated part of strategic management Human Resource Planning is variously called strategic manpower planning, or for employment planning.
OBJECTIVE OF THE STUDY
Human Resource Planning is one of the important activities of the Human resource management especially. It helps to overcome the Human capital shortcoming. Keeping this in view
1. The article is concentrated on the various methods adopted by the organization to overcome the future challenges especially in technical and skilled human resource.
2. To find out the strategic planning implemented by the various company in modern environment.
3. It also concentrated on the various methods implementing the training the work force and enhancing the skills of the existing employees.
METHODOLOGY
The main source of data is collecting from Journals, Published articles and interviews with eminent personalities in human resource development planning. Through net and text books on Human resource management, training people. Human Resources recruitment training organizations.
Keywords – Human Resource, demand, supply, Retention, compensation, Training, recruitment.

Paper Title

The study of Leadership with reference to Organization Culture & Job Satisfaction in IT/ITES companies

Abstract

This paper makes an attempt the organizational culture in respect to leadership styles and employee job satisfaction. The best way of expression from employer to employee in an organization is by medium of culture. This medium basically formed by its own values which are invisible but the concept of membership sharing among people takes place even after changes in groups. The norms and shared values focus on attention of employees on priorities of organization, in addition to that they guide their behavior and test ability of decision making. The styles in the leadership are determined in terms of consideration, initiation and most of charismatic variables. Good leadership is necessary for achievement of competitive growth in the firm. There is a positive association between charismatic leadership styles and cultural styles. The key for successful survival of the firm depends on a strong organizational culture, which exhibits the characters of adaptability, alignment, collaboration , leadership and accountability.

Keywords – Leadership styles, Initiation, Consideration, Organizational Culture.

Paper Title

Using Movies To Teach Soft Skills

Abstract

Movies have long since been used in classrooms to teach second languages, especially teaching ESL students the nuances of stress, rhythm and accent. They are also used to train students in higher educational institutes such as IITs and NITs where a movie is screened on open air auditorium every week with the theme of movies ranging from the banal to the most sophisticated.

In modern times, movies perform an additional function of being an instrument of teaching soft skills to students. They also serve as a source of entertainment. Hence termed as “edutainment”.

Often advertisements are issued by Engineering colleges and Companies inviting applications for the posts of soft skills trainers, the reason being that Recruiters need employable graduates with EQ, IQ and other skill sets, especially, Team working skills and leadership skills. There can’t be a better way to impart soft skills training than through movies. This paper reports an “experiment” conducted in one of the National Institute of Technologies (NIT) to evaluate the efficacy of whole length movies in teaching soft skills.

Paper Title

How Accounting Standards Influences The Strategies Of Global Capital Markets

Abstract

In the 21st century practices of accounting and reporting does not meet the capital markets and its requirements which is informative.
Convergence of US GAAPAND IFRS is very crucial element in the solution, a process now which now at an early stage. The goal of establishing a single set of accounting standards that will be used internationally is a matter of absolute importance which is critical to the capital markets globally in the future.
Quality markets would require high quality information. Issues related to convergence have to be understood by stake holders who depend on high quality markets
There are several phases in this process. Process of achieving converged standards with high quality is the major issue, as it is not lacking in each details, it is substantially equivalent. There is a possibility of single set of high quality global standards and also which sets the trend as a global standard. As per the scope, nature of accounting and reporting standards will be altered gradually.
In the process of influencing the challenge for all the major stakeholders who have the opportunity a positive way which reflects business interests and their commitments both will add good sound middle market transactions

Keywords – Accounting Standards, International Convergence, and Development stages, Necessity and Feasibility, International Status .

Paper Title

AN APPROACH TOWARDS THE ANALYSIS OF GRAMINA BANK SECTOR: TELANGANA GRAMINA BANK

Abstract

Finance to the small farmers who fall under weaker is being provided by Rural banks, Rural banks also provide finance to rural artisans, small producers, rural laborers etc, finance was also provided to primary credit societies as well to cooperative societies, advanced and upgraded banking facilities were also provided to unlapped market and also to backward and the area between rural and urban in respect to Agricultural marketing societies.
(RRB) Regional Rural Banks have came forward in the direction to take rural people out of financial problems and cultivation in India was also provided full support with the financial assistance. A survey of fully bodied in the new state called Telangana with Grameena investment firm has gained absolute significance in providing financial support to cultivation and achievement of investment firms in different recognized possible areas.
To reach uncovered and being former friendly, this paper focused on Continuous Rural development.

Keywords – Telangana Gramina bank, rural bank, credit societies, cooperative societies.

Paper Title

NEW TREND TOWARDS CUSTOMER RELATIONSHIP MANAGEMENT IN PRESENT SCENARIO

Abstract

CRM is not a product or service; it is an overall business strategy that enables companies to effectively manage relationships with their customers. It provides an integrated view to every company and to every employee in the organization, that they have to treat their customers with respect. Customers have a lot more choices and they do not have to be loyal to any company in general, so companies are now trying to figure out ways to manage customer relationship effectively. CRM has become a major corporate strategy for many organizations. It is concerned with the creation, development and enhancement of individual customer relationship with carefully targeted customer groups resulting in maximizing the total customer life time value.
Keywords – CRM, business strategy, customers, organization.

Paper Title

MSME’s IN TELANGANA – OPPORTUNITIES, GROWTH AND CHALLENGES

Abstract

In this Paper I examine to what extent recent empirical evidence can collectively and systematically substantiate the claim that MSME has plays an important role in the economy of the State/nation. This proposal is provided that answers to the various aspects such as the contribution of MSME to the individual segment, Nation and world economy in comparison to non-MSME in terms of employment generation , dynamics, innovation, productivity, growth, contribution to the Nation’s economy, major challenges to the growth.

Keywords – MSMEs Employments; Finances; Growth; Opportunity.

Paper Title

CORPORATE GOVERNANCE: ESSENTIALITY AND PERSPECTIVES

Abstract

The large extent of decision making process, by Board of Directors in Industrial Organization and Management has been the current scenario, resulting in mismanagement leading to unexpected results in any organization. It is during midst of these scenarios many governments throughout the world has introduced and trying to execute and exercise corporate governance. Corporate governance could be defined as set of policies, laws etc to direct, administer and control the organization to establish strong relations among the stakeholders, hold a transparent accountability and finally result in strong socio-economic development. Corporate governance enables to curb the menaces of high-handedness and dictatorial trends to bring healthy and systematic working environment. Corporate governance aims to bring full worth to their investments through several strategic initiatives, varied policies and to finally set up a systematic mechanism to make investors more conscious and enable them to be more active, dynamic and play effective role.

Paper Title

Frauds In Health Insurance What Could Insurers Do?

Abstract

Non-life insurance contracts are based on the legal principle of the rigid standard of utmost food faith and are often regarded as contentious between the settlements. As the onus to pay the claim is on the insurer the information given by the insured in the proposal form is minutely examined for both international and unintentional lapses of utmost good faith.

Paper Title

PROJECT MANAGEMENT AND INFORMATION TECHNOLOGY- A CHALLENGING ASPECT

Abstract

Project management is an emerging profession. The primary purpose of this article is to identify and describe that subset that is generally accepted. Generally accepted means that the knowledge and practices described are applicable to most projects most of the time, and that there is widespread consensus about their value and usefulness. Generally accepted does not mean that the knowledge and practices described are or should be applied uniformly on all projects; the project management team is always responsible for deter- mining what is appropriate for any given project. This article is also intended to provide a common lexicon within the profession and practice for talking and writing about project management. Project management is a relatively young profession, and while there is substantial commonality around what is done, there is relatively little commonality in the terms used. This article provides a basic reference for anyone interested in the profession of project management.
Keywords:project management, profession, common lexicon.

Paper Title

MICROFINANCE AND MICROINSURANCE AS A TOOL OF ECONOMIC UPLIFTMENT OF RURAL POOR IN INDIA

Abstract

Development strategy adopted in the post independence era in India has achieved many goals. Yet on the front of rural development it could have done little. India is still a country with majority of its population living in rural areas and the benefit of the economic growth could not have trickled down to the rural poor and low income group people. Microfinance package has come as a ray of hope in this context and it can be utilized for the purpose of rural development in India. Amidst this fact the present paper attempts to explore the efficacy of the micro finance and microinsurnace initiatives for economic development or rural poor in India. It has been concluded that with certain modifications and proper implementation, microfinance and micro insurance can help the poor to uplift his socio-economic condition and he can come out of vicious trap of poverty and deprivation.
Keywords:Micro finance, SHG, Poverty, socio-economic development, NGOs.

Paper Title

A STUDY ON VARIOUS CONDITIONS OF WORKERS IN COMPANIES DURING PERIOD OF INCENTIVES

Abstract

We provide a framework for understandingthese effects in numerous contexts of interest to accountingresearchers and focus particularly on how salient features of accounting settings may affect the incentives-effort and effort-performance relations. Our compilation and integration of theories and evidence across a wide variety of disciplines reveals significant implications for accounting research and practice.. In such a setting, markets fail to limit competitive pressures and cannot commit to the desirable low-powered incentives. Firms may be able to weaken incentives and improve efficiency by obscuring information about individual workers’ contribution to output, and thus reducing their willingness to signal through a moral-hazard-inteams reasoning. However, firms themselves may have a commitment problem if the owner has insider information on individual employees. We show that in these circumstances governments may turn out to be the only organizational form able to credibly commit to low-powered incentives even if run by a self-interested politician. Among other reasons, this may happen because of the government’s ability to limit yardstick competition and re-election uncertainty.
Keywords: