+ All Categories
Home > Documents > Forte Issue2

Forte Issue2

Date post: 10-Apr-2018
Category:
Upload: shamik-acharjee
View: 232 times
Download: 0 times
Share this document with a friend

of 21

Transcript
  • 8/8/2019 Forte Issue2

    1/21

    VOL I - ISSUE II

  • 8/8/2019 Forte Issue2

    2/21

  • 8/8/2019 Forte Issue2

    3/21

    LETTER FROM TEAM FORT

    When your beliefs are shaken at the core,

    When waves of emotion wash up ashore...

    Catapult your inner self to the fore,

    Know Fort - Ur Human Score!

    This issue of Fort brings to you an international perspective of human resource

    management. Added to this are insights on team building, corporate ethics and the

    evolving role of HR.

    ACKNOWLEDGEMENT

    We the HR Coordinators & Editorial team members of "FORTE" hereby express our sincere

    thanks to Rev. Fr. Thomas T.V, Director - Christ University Institute of Management, our HoDProf. C K T Chandrashekara, concerned HR Faculty members, University administrative team

    members, Well Wishers, Friends& External Guest Lecturers for their unwavering support..

    TEAM FORT

    THE CREATIVE TEAM

    Saeed Ahmed.M (II MBA K)

    Deepa Nair (II MBA K)

    Dale M Leons (II MBA L)

    THE EDITING TEAM

    Swathi P.V (II MBA M)

    Saakshi Sharma (II MBA J)

    Nithya S.S (II MBA M)

    QUIZ WINNER OF FORTE - VOL. I - ISSUE 1

    Md. Abdullah Shamim (II Yr. MBA - Sec. J)

    CONGRATULATIONS!!

  • 8/8/2019 Forte Issue2

    4/21

    nies in the study promote hu-

    man resources executives who

    come from the business side,

    not human resources.

    "In essence, some companies

    may have decided that the HR

    strategic-partner role is too

    important to leave to someonewith an HR background." The

    studys conclusion: Human

    resources must reinvent itself.

    "The old approaches and mod-

    els simply are not good

    enough."

    - D.Revathy

    I MBA K.

    Right from E-mail to health care,

    and from artificial intelligence to the

    end of HR, as we know it, here are

    forecasts of how different the world

    of workforce management will be 10

    years from now.

    Workforce-management decisionsarent made with crystal balls. What

    they do demand is a clear sense of

    the landscape on the far horizon. As

    aspiring Human Resource execu-

    tives, we probably must know what

    health care will cost our company in

    a year or two down the line. But, we

    are far less certain whether or not

    legions of workers will be full-time

    telecommuters five years from now,

    or if defined benefits will even exist

    in 2013. Fortunately, there are for-

    ward-thinkers and trend-spotters out

    there, who make it their business to

    suss out the future for us.

    Our visionaries do not always agree

    with each other, as youll see. Still,

    their predictions of what factors will

    alter the world of workforce man-

    agement are provocative, and mayserve to inform and intrigue all of us

    who will manage people.

    To know the business environment

    an organization operates in, we must

    be aware of the three major trends:

    Demographics: the characteristics of

    a population/workforce. For exam-

    ple, age, gender or social class. This

    type of trend may have an effect in

    relation to pension offerings, insur-

    ance packages etc.

    Diversity: the variation within the

    population/workplace. Changes in

    society now mean that a larger pro-

    portion of organizations are made

    up of "baby-boomers" or older em-

    ployees in comparison to thirtyyears ago. Advocates of

    "workplace diversity" simply ad-

    vocate an employee base that is a

    mirror reflection of the make-up of

    society insofar as race, gender,

    sexual orientation, etc.

    Skills and qualifications: as indus-

    tries move from manual to more

    managerial professions so does the

    need for more highly skilledgraduates. If the market is

    "tight" (i.e., not enough staff for

    the jobs), employers must compete

    for employees by offering financial

    rewards, community investment,

    etc.

    A few basic trends apart from the

    above said ones which will help us

    in having a change in our businessstyle are Improved E-mail utilisa-

    tion by the employees, Organised

    Labour, Business goes to kinder-

    garten, Going Euro, Artificial In-

    telligence

    So in order to have a CHANGE in

    the way we do our business, we

    need to CHANGE the present sce-

    nario in work culture. Following

    the above said emerging trends,

    almost 30 percent of the compa-

    CHANGING THE WAY YOU DO BUSINESS

    FORTE

    http://en.wikipedia.org/wiki/Demographicshttp://en.wikipedia.org/wiki/Workplace_diversityhttp://en.wikipedia.org/wiki/Baby-boomershttp://en.wikipedia.org/wiki/Baby-boomershttp://en.wikipedia.org/wiki/Workplace_diversityhttp://en.wikipedia.org/wiki/Demographics
  • 8/8/2019 Forte Issue2

    5/21

    of countries around the world

    Mainly addressing the

    salary of the employees, the

    HR based in Head Quarters of

    an MNC must coordinate pay

    systems in different countries

    with different currencies that

    may change in relative value

    to one another over time. AnAmerican expatriate in Tokyo

    who receives a salary of

    $100,000 may suddenly find

    the buying power of that

    salary dramatically dimin-

    ished if the Japanese yen

    strengthens in value relative to

    the US dollar. A US dollar

    purchased 248 yen in 1985,

    but less than 110 yen in 2000.

    - SANTHOSH KUMAR.K

    0921329

    4MBA M (Operations)

    Today human resource practice var-

    ies from a company to company and

    in a global context the gap still wid-

    ens. The question arises: Can MNCs

    integrate HR practices to achieve

    their objective?

    The answer is yes! Today with theevolution of internet the world is

    getting smaller and smaller and there

    are some examples that I can quote,

    where organizations recruit people

    from host countries as well as from

    other countries. Some MNCs recruit

    through consultancies operating in

    the host country ensuring that the

    recruited employees fit into the or-

    ganizational culture of that particular

    MNC.

    So what is International HRM?

    International human resource man-

    agement (IHRM) is the process of

    procuring, allocating, and effectively

    utilising human resources in a global

    context. If the MNC is simply ex-

    porting its products, with only a few

    small offices in foreign locations,

    then the task of the International HR

    manager is relatively simple. How-

    ever, in global firms human resource

    managers must achieve two some-

    what conflicting strategic objectives.

    First, they must integrate

    human resource policies and prac-

    tices across a number of subsidiaries

    in different countries so that overall

    corporate objectives can beachieved. At the same time, the ap-

    proach to HRM must be suffi-

    ciently flexible to allow for signifi-

    cant differences in the type of HR

    policies and practices that are most

    effective in different business and

    cultural settings.

    Difference between IHRM and

    HRM1) Heterogeneous type of functions

    that MNCs need to followed

    2) Involvement in Personal Life of

    the employees arranging the ac-

    commodations, healthcare and

    transportation for the employees

    3) More external sources influ-

    ences like cultural practices E.g.:

    An employee should know the re-

    semblance of Ok sign done by con-

    necting a thumb and forefinger in

    circle holding others fingers

    straight and relaxed. In Brazil,

    Germany & Russia it denotes in-

    sulting the sentiments of local peo-

    ple. In France and Russia it means

    zero or worthless.

    How an HR manager can ad-dress these issues?

    International HR managers must

    deal with issues as varied as inter-

    national taxation; international re-

    location and orientation; various

    other administrative services for

    expatriates; selecting, training and

    appraising local and international

    employees; and managing relations

    with host governments in a number

    A Birds Eye View INTERNATIONAL HUMAN RESOURCE MANAGEMENT

    FORTE

  • 8/8/2019 Forte Issue2

    6/21

  • 8/8/2019 Forte Issue2

    7/21

    formance tracking.

    Using an outsourcer obliges

    companies to adopt standardized

    HR practices standardized not

    only across the organization it-

    self, but also across the wider

    market. By implementing stan-

    dardized processes across the

    organization, companies can im-

    prove the quality of service they

    offer their employees, leading to

    an improvement in job satisfac-

    tion and engagement.

    Traditionally, companies have

    had their own unique ways of

    hiring people, training and meas-

    uring performance, implementing

    health cover and handling pay-

    roll, for example. As such func-

    tions are outsourced to external

    providers handling similar

    processes for a number of cus-

    tomers the way they are han-

    dled will become increasingly

    standardized. This in turn will

    drive down costs, expedite skills

    transfer, streamline mergers and

    acquisitions, and make creating

    start-ups and spin-off companies

    easier.

    The outsourcing of employee

    training and learning is becoming

    particularly beneficial to compa-

    nies as the need for higher skill

    outsourcing of multiple administrative

    activities (agents can work across proc-

    esses, and drive up first touch resolution

    rates). Second, there are numerous inter-

    dependencies between HR processes

    such as the administration of learning

    and performance management so it

    makes sense that these are managed

    jointly.

    The trend toward outsourcing is most

    prevalent among larger organizations

    (with more than 15,000 workers) that

    have both the demand and resources to

    provide a full range of employee bene-

    fits and services. Smaller organizations,

    which typically offer fewer HR benefits

    and services, have correspondingly

    fewer activities to outsource. As a result,

    smaller organizations attract HR out-

    sourcing deals that work out at a higher

    cost per employee, and have shorter con-

    tract terms. But the economics are

    changing, and the benefits of HR out-

    sourcing are trickling down through themid-size sector towards the SMEs.

    What are the benefits?

    One of the key benefits of HR outsourc-

    ing is financial arising from economic

    value optimization, reduction in both

    direct costs (such as payroll processing)

    and indirect costs (such as benefits

    costs), and reduction in (or avoidance

    of) capital costs. Convergys experience

    indicates that overall cost savings are

    typically between 20 percent and 40

    percent.

    Companies can use outsourcers to

    manage their HR activities using the

    latest technology and practices. Even

    today, many HR tasks are carried out

    manually, and ageing computerized

    systems often exist in islands, unable

    to provide a global picture of head-

    count or any other measure of employ-

    ees.

    Using a large outsourcer gives even

    smaller companies access to much

    larger capital funding and technology

    than would be possible for a stand-

    alone buyer. Companies who out-

    source are able to rationalize legacy

    environments while gaining access to

    best-in-class technology and process

    excellence. This makes HR outsourc-

    ing especially attractive to mid-size

    companies who may be competing on

    a global scale, but cant afford the big

    capital expenditure to bring their sys-

    tems and processes in line with their

    larger competitors.

    HR outsourcing offers the potential for

    improved self-service functionality,

    for both employees and managers. For

    example, the outsourcer can provide

    web-based, self-service dashboards for

    managers to use for tasks such as

    global headcounts and employee per-

    HR OUTSOURCING - CONTD..

    FORTE

  • 8/8/2019 Forte Issue2

    8/21

    and knowledge levels and uniform

    business practices around the organi-

    zation grows. Outsourcing to a specialist

    provider offers a more strategic and cost

    -effective way to close any skills gaps

    and meet the complex and growing

    needs of the global knowledge economy.

    Last, but not least, HR outsourcing en-

    ables HR management to raise their

    sights above everyday administration

    functions and divert their energies to

    more strategic HR issues.

    Keys to success

    For an HR outsourcing contract to be

    successful, it is important for all stake-

    holders to be in agreement from the be-

    ginning. HR outsourcing has to be seen

    as an effective strategy for the business,

    aligned with wider business goals. Rela-

    tionships, cultural alignment and shared

    awareness of mutual benefits between

    outsourcer and client are central to suc-

    cess.It is also important that expectations in

    the HR and business teams are managed,

    and there is a realistic project scope and

    timeline. There is no point underestimat-

    ing the transition and change manage-

    ment requirements. Once the engage-

    ment is under way, however, it is vital to

    transform processes and operations as

    early as possible.

    With organizations and their employees

    all benefiting from the brain gain

    that outsourced HR offers, it looks as

    though its a trend thats here to stay.

    NISHA ASTRIL D'CUNHA

    1021147

    I Yr.

    HR OUTSOURCING - CONTD..

    FORTE

  • 8/8/2019 Forte Issue2

    9/21

  • 8/8/2019 Forte Issue2

    10/21

    current manning situation to a desired

    end state? How long will the transition

    take? What policy changes could be

    effected to speed up the transition?? The

    module helps companies to plan for

    transition to a new structure due to a

    fundamental shift in business objectives

    or diversification of non-core business

    or a strategic acquisition of another busi-

    ness. Under such scenarios, the company

    would firstly run SSMP to determine the

    new streamlined structure needed to

    support the new business and then apply

    TMP to determine how to transit

    (gradually or rapidly) to the new struc-

    ture.

    While a typical manpower planning

    process would involve all the three mod-

    ules of IHRM (where the output of one

    module becomes the input of another),

    each module can be executed independ-

    ent of the others. This is to create a more

    flexibility and useable IHRM that can better deal with HR issues that tend to

    be dynamic and complex in nature.

    - Adeline Kiruba Lily.J

    (1st MBA,SEC-J)

    Strategic International Human Resource Management - CONTD..

    FORTE

  • 8/8/2019 Forte Issue2

    11/21

    session. This is the most impor-

    tant part of the course and sets

    the foundation for the work you

    will do over the coming hours or

    days. Setting your icebreaking

    session around breakfast or cof-

    fee can help as these are natural

    times of social interaction

    watch as team members help

    each other with the simple task of

    making and pouring coffee.

    There are typical ways as to how

    an icebreaking session takes

    place and the routine that is fol-

    lowed, to do something innova-

    tive here are the following tips

    for developing an ice breaker.

    Tips about How to Develop an

    Ice Breaker

    Decide how much time, relative

    to the length of the training ses-

    sion, you have to invest in an ice

    breaker. Figure out the character-

    istics, interests, and preferences

    of the participants for whom you

    want to develop the ice breaker.

    Different groups have varied

    preferences. Determine the goal

    of your ice breaker. Is the pur-

    pose of the ice breaker to warm

    up the group and provide the

    opportunity for participants to

    meet each other? Is the goal to

    bridge the group into the topic of

    The era of the rugged individual is giv-

    ing way to the era of the team player.

    Everyone is needed, but no one is neces-

    sary.

    Team building skills are essential for

    ones effectiveness as a manager as well

    as an entrepreneur. And even if you are

    not in a management or leadership role

    yet, better understanding of team work

    can make you a more effective employee

    and give you an extra edge in your cor-

    porate office.

    A team building process is effective

    when your team can accomplish some-

    thing much bigger and work more effec-

    tively than a group of the same individu-

    als working on their own. In a team, one

    has to have a strong synergy of individ-

    ual contributions. There are two critical

    factors in building a high performance

    team.

    The first factor in building an effective

    team is the diversity of skills and per-

    sonalities. This is possible when peopleuse their strengths in full and can com-

    pensate for each other's weaknesses.

    Also the different personality types in a

    team should balance and complement

    each other.

    The second factor is effective Communi-

    cation during an icebreaker session

    which leads to the formation of a team

    right away.

    Though its quite difficult to find the

    perfect ice breaker that suits the pur-

    pose of your training, you can easily

    develop an ice breaker that will warm

    up the conversation in the training

    class, reinforce the topic of the train-

    ing session, and ensure that partici-

    pants enjoy the training.

    The first challenge one encounters on

    any teambuilding exercise is during

    personal introductions. Members of

    the teambuilding course need to be-

    come acquainted with each other and

    the course leader. These initial exer-

    c i s e s a r e c o m m o n l y c a l l e d

    'icebreakers' as they break down any

    barriers between team members.

    Or, alternatively, you can develop a

    quick ice breaker, which is just for fun

    and to warm up your group. During

    these sessions it is also a good idea for

    the moderator to encourage laughter.

    Laughter and humour are great ice-

    breakers. Possibly each member could

    be given a sheet of jokes and asked to

    stand and tell their favourite joke to

    the group, and then give the reasons

    why they chose that joke. As well as

    breaking the ice this is a clever way of

    learning a little about a person the

    reasons they give for choosing the

    joke will give a little insight into their

    personality.

    Remember the importance of ice-

    breaking when leading a teambuilding

    FORTE

    IMPORTANCE OF ICE BREAKER SESSIONS IN TEAM BUILDING

  • 8/8/2019 Forte Issue2

    12/21

  • 8/8/2019 Forte Issue2

    13/21

  • 8/8/2019 Forte Issue2

    14/21

    Major corporations play significant eco-

    nomic and ethical roles in helping reju-

    venate the global and local economies.

    Thus, cultural aspects must be under-

    stood for trans-cultural management of

    business. Multinationals can operate in

    an effective manner globally only if they

    incorporate cultural differences and

    practices in their corporate culture and

    ethics.

    Chandini Mallik

    II YR MBAN (HR)

    FORTE

  • 8/8/2019 Forte Issue2

    15/21

    making. The capacity to both

    recognize problems as they occur

    and work with others to solve

    them. To be a change agent in the

    organization. The Ability to han-

    dle resistance to change. The

    confidence to be a consultative

    business partner in HR issues.

    - RANJITHA SHETTY

    I MBA M

    Days are gone when HRs simply re-

    cruited people, Days are gone when HRs

    just negotiated about the salary slip you

    were supposed to get, Days are gone

    when HRs talked to you only when you

    joined the company and left the com-

    pany!!!

    In todays scenario, more and

    more companies are seeking to change

    the role of their Human Resources de-

    partment from a passive compensation,

    benefits and compliance role to a highly

    proactive, leadership-enforcing Human

    Relationships role which helps in the

    framing of the companys operating

    strategies to meet the corporate objec-

    tives. This future role of Human Re-

    sources is currently seen in companies

    known for pursuing Best Practices.

    A Human Resources job is con-

    sidered to be the simplest field among

    all the management specializations.

    However, I think handling people is waymore difficult that handling machines.

    Understanding the needs of the organi-

    zation and the employees, ensuring that

    everyone is benefited is not an easy task.

    In this new model of the H.R. organiza-

    tion, it is vital that members develop

    strong consulting skil ls . As

    consultants, they must develop

    employee relations skills not just to

    define problems, but also to work with

    teams to solve them. The generalist

    supporting the S.B.U. must have a

    strong understanding of the business

    and the functional area to be effective.

    With HR on board as a strate-

    gic partner, the HR department plays

    an important role in a Strategic Busi-

    ness Needs Assessment to determine

    the direction of the firm i.e. whether

    the organization is going in the right

    direction or not? A gap analysis is

    performed to determine the difference

    between the core competencies cur-

    rently held and the skills needed to get

    the firm to where it wants to be.

    The Human Resource depart-

    ment is also a strategic partner in the

    Development of goals and their subse-

    quent implementation. Through a

    mixed model of centralized and decen-

    tralized functions, the corporate HR

    functions are viewed as Centres of

    Excellence, while each Strategic

    Business Unit (SBU) is assigned an

    HR generalist reporting to the business

    unit manager (with a dotted line to

    the head of corporate HR).

    The core competencies for the

    person in this role include:

    The Commitment towards organi-

    zation and Experience in planning and

    implementing a strategic HR role. A

    strong belief in empowering employ-

    ees and decentralizing decision-

    FORTE

    THE CHANGING ROLE OF HR

  • 8/8/2019 Forte Issue2

    16/21

    Further we can argue that nations

    undergo change. For example, in

    1997 Hong Kong integrated with

    China but does this mean that

    Hofstede's Hong Kong findings

    can now be generalized to the

    whole of China? At the end of

    the twentieth century, Yugoslavia

    disintegrated into its constituent

    parts, including Serbia, Montene-

    gro, Croatia and Bosnia. The

    logic of Hofstede's analysis

    would be that their national cul-

    tures are identical, which would

    appear absurd. However, if they

    are not identical, then Hofstede's

    measurement of Yugoslavian

    culture is a statistical myth.

    - Ansala

    II Yr MBAN (HR)

    This article is a small insight into

    whether Hofstedes world-wide accepted

    cultural dimensions theory is flawless

    or not.

    Here are a few questions that would help

    us identify the pros and cons of this the-

    ory. More specifically, this would enable

    us to have a critical view of the theory.

    1.What do you think about making gen-

    eralisations about national culture?

    2.Do you think Hofstede takes account

    of gender differences?

    3.Do you think that Hofstede is right to

    argue that organisations should take na-

    tional culture as a given?

    A few insights:

    1) It is quite evident that there are sev-

    eral dormant dangers lying within mak-

    ing generalisations about a particular

    nations culture. If we consider the op-

    tions it can be found that Hofstede

    groups Tanzania with other countries in

    East Africa. This would be a potential

    erroneous grouping because there are alot of differences in the Tanzanian cul-

    ture in comparison with East Africa.

    There are several faults involved in as-

    suming cultural uniformity, and of see-

    ing individuals' values and behavior as

    being wholly determined by their cul-

    tural background; we cannot predict

    individuals' values and behavior merely

    from data about their culture.

    2) Here it is important to note that a

    common criticism of Hofstede's analy-

    sis is that it is gendered he makes

    assumptions about masculine and

    feminine qualities, and focuses mainly

    on masculine aspects of culture

    3) It may be overstating the case to

    say that Hofstede is wrong to see na-

    tional culture as a given that organisa-

    tions have to work within. But, it is

    valid to question this view. There may

    be more of a two-way process than

    Hofstede seems to acknowledge. It

    may well be possible for organisations

    to influence national culture. One ex-

    ample is a multinational corporation

    like McDonalds. Its menus do reflect

    different national tastes (which may be

    influenced by national culture), but the

    company's fast-food ethos and work-

    ing practices could, in turn, have an

    effect on the national culture of the

    countries in which it operates. In other

    words, McDonalds could be influenc-

    ing prevailing norms and values.

    We can question whether nations have

    cultures. McSweeney (2002) criticizes

    Hofstede's claims that he identified

    multiple national cultures or differ-

    ences between such cultures, challeng-

    i n g h i s r e s e a r c h a p p r o a c h .

    McSweeney also questions whether

    national culture determines uniform

    national actions and institutions

    HOFSTEDES THEORY - RELEVANCE IN TODAYS WORLD

    FORTE

  • 8/8/2019 Forte Issue2

    17/21

    also facing an acute shortage of

    talent in specialized areas. On

    hiring expatriates these compa-

    nies are willing to offer compen-

    sation which is globally competi-

    tive. Nonetheless, high growth

    market like India also offers huge

    potential for learning & growth.

    ExpatriatesExperiences and

    Perceptions

    However, India still has a long

    way to go before it can boast of

    having a global workforce- there

    are major deterrents for expatri-

    ates and Indians returning from

    abroad. Poor infrastructure cor-

    ruption, pollution and crowded

    cities, law and order are some

    issues that can dampen the lure of

    the most compelling career

    proposition.

    So, what is it about India that

    attracts people from all over the

    world in spite of problems? Is it

    the fact that in spite of our strong

    bond to our own culture, we are

    able to not only welcome and

    embrace, but also adopt other

    cultures with open arms? Or Is it

    that with the building and con-

    struction and real estate indus-

    tries booming, there is now an

    Why is India becoming a hotspot for

    expatriate talent? It is a well known fact

    that India has been a lucrative source of

    talent for corporations across the globe.

    In the last decade alone, thousands of

    Indians have moved into key roles with

    companies across diverse industries in

    different geographies around the world.

    Indian managers today constitute a sig-

    nificant part of leadership and senior

    management teams of various global

    corporations.

    India has been the darling of the global

    information technology industry for over

    a decade now, and recently has become

    the focus of several other industries like

    BPO, Biotechnology, and Healthcare.

    Increasingly, Indian companies are hir-

    ing expatriates for key rolesand they

    are willing to pay top dollar for these

    hires. In the last two years, Reliance

    Retail, one of the largest Indian retail

    company hired around 100 expatriatesfrom global retail chains like Wal-Mart,

    Carrefour and Dairy Farm, in areas like

    supply chain, operations and planning.

    Thousands of Indians working outside

    the country also want to come back

    not because of nostalgia but for profes-

    sional growth. However, in the last cou-

    ple of years, there has been a paradigm

    shiftIndia is now moving from being a

    lucrative source of talent to a preferred

    career destination for professionals

    across the world.

    So, what are the reasons for this para-

    digm shift? Why has India suddenly

    transitioned from a hardship posting

    to a preferred career destination?

    Capital Markets are at an all time

    high. There is a sustained focus on

    upgrading the infrastructure. The Ru-

    pee has appreciated significantly in the

    last one year, and is moving towards

    complete convertibility. With penetra-

    tion levels for most products and ser-

    vices still abysmally low, the economy

    is likely to experience sustained

    growth in years to come.

    The Indian story has created a pull for

    companies globally to set up shop.

    MNCs in India along with other Na-

    tional organizations are expanding

    their operations to meet the increasing

    demand for products and services.

    This has led to an unprecedented de-

    mand for talent across all sectors, tran-

    sitioning India from a talent surplus

    country to a talent short marketcom-

    panies are therefore, being forced to

    look beyond Indias shores for their

    hiring needs. Sectors like investment

    banking, life sciences, real estate are

    not only exponentially growing but,

    FORTE

    DO COMPANIES NEED TO COMPLY WITH SOCIALRESPONSIBILITIES IN ORDER TO SUCCEED

  • 8/8/2019 Forte Issue2

    18/21

    abundance of luxury apartments, clubs,

    shopping malls and commercial com-

    plexes which promise a luxurious and

    comfortable lifestyle? Indeed, its every-

    thing.

    At present, it is believed that between

    20,000 and 30,000 expatriates are living

    and working in India and this figure is

    expected to go up to 50,000 by the end

    of 2010. India's expatriate community

    has a wide range of different people.

    The region is popular with teachers, art-

    ists and spiritualists as well as CEOs and

    executives of international corporations.

    Having said that, in India opportunity

    will continue to attract talent from

    around the world, and this trend of talent

    flow into the country is expected to ac-

    celerate in the years to come.

    - Nithya SS

    0921348MBA - HR

    DO COMPANIES NEED TO COMPLY... - CONTD..

    FORTE

  • 8/8/2019 Forte Issue2

    19/21

  • 8/8/2019 Forte Issue2

    20/21

    QUIZ-JOEL THOMASII MBA HR

    1 . Which Organization has initiated an inhouse Facebook called C2 which is like platform which al-

    lows one to connect with thousands of other people and share ideas. It has 60,000 active users and getsmore than 6 million page views daily.2 . Which word best describes the phrase The whole is greater than the sum of its parts?

    3. Which internationally acclaimed Indian movie has been included as a case study for 'Human Behavior atWork' by Indian Institute of Management, Indore?

    4. Employee evaluations are directly affected by a supervisors perceptions of who is believed to be in

    control of the employees performance the employer or the manager. This theory is known as ?

    5. The method that uses the organizations current level of employment as the starting point for determin-

    ing future staffing needs is known as ?

    6. Which Country will consolidate and strengthen the law, by replacing the nine existing major pieces ofdiscrimination legislation with one set of rules aimed at achieving greater equality with Equality Act 2010which is totake effect on 1 October 2010?7. What is the first private employmentexchange of India launched at Ahmedabad in September by the

    legendary academician and Ex. Director of IIM-A Dr. Bakul Dholakia Called as ?

    8. Identify the company from the logo, that has been rated as the worlds best company to work with ac-

    cording to the Fortune Magazine 100 Best companies to work For- 2010 ?

    9 . The science of designing jobs, equipment and workplaces to fit workers which is necessary to preventrepetitive strain injuries, which can develop over time and can lead to long-term disability is Known as ?

    10. Boulwarism is a popular negotiation strategy. Who developed this concept?

    Answers to Quiz:

    1.Cognizant2.Synergy3.Lagaan4.Attribution Theory5.Zero Based Forecasting6.UK7.Campusrecruit ( www.campusrecruit.in)8.SAS - leader in business analytics software and

    services

    9.Ergonomics10.General Electric : Boulwarism is a negotiation

    tactic specially With Labour Unions named af-ter General Electric's former vice presi-dent Lemuel Boulware, who pioneered the strat-egy

    Answers to Crossword:

    ACROSS:5. ACCESSION9. GRAPEVINE11. JOB CODING14. LAYOFF15 PIECE RATE.

    16. REINSTATEMENT

    Answers to Crossword:

    DOWN:1. BASE PERIOD2. CERTIORARI3. NEPOTISM4. DEADHEADING6. OMBUDSMAN7. IMPASSE8. HONCHO

    10. KICKBACK12. QUARTILE

    13. MORALE

    http://en.wikipedia.org/wiki/Lemuel_Boulwarehttp://en.wikipedia.org/wiki/Lemuel_Boulware
  • 8/8/2019 Forte Issue2

    21/21

    CARTOONS - contributed by SONIA SEBASTIAN (II Yr. MBA - HR)


Recommended