ENTREPRENEURSHIP

Role of Entrepreneurs in Strategy Making Processes in Small Firms

The literature focusing on small firms has increased substantially in the last three decades. Robinson and Pearce (1984), for instance, presented a classification including four research thrusts on small firm strategic planning, namely: (i) Strategic Planning Practices which included papers focusing on the nature of the strategic planning process in small firms, and the decision making approaches adopted by the entrepreneurs; (ii) Value of Planning which considered how strategic planning and performance of small businesses were related; (iii) Specific Features of the Planning Process that focused on specific aspects of strategic planning, such as the search for external information and the use of consultants; and (iv) Content of Strategy that dealt with types of strategy adopted by entrepreneurs in different environment settings.

mbeswaran@gmail.com

INTERNATIONAL BUSINESS

Fourth Generation Outsourcing Ricardian Model On Indian Outsourcing Industry and Need for Next Generation Outsourcing

Outsourcing officially became a part of the business-dictionary during the 1980s. Even though the companies have been outsourcing work for many years, but this trend has been carried to an extreme level in the case of offshoring. People often use outsourcing and offshoring interchangeably, but there are important technical differences between them. Outsourcing involves contracting with a firm, individual or a supplier to do a specific task for which the client does not have talent, time, skill or efficiency of operation. Offshoring is a subset of outsourcing which specifically includes moving the organizational function outside of the home country, usually to take advantage of cheap labor and production.
 

Outsourcing - Challenges for India

Outsourcing involves the transfer of the management and/or day – to – day execution of an entire business function to an external service provider. The client organization and the supplier enter into a contractual agreement that defines the transferred services. Under the agreement, the supplier acquires the means of production in the form of a transfer of people, assets and other resources from the client. The client agrees to procure the services from the supplier for the term of the contract. Business segments typically outsourced include information technology, human resources, facilities, real estate management, and accounting.

rangeswar_777@yahoo.co.in

 

ORGANIZATIONAL MANAGEMENT

Change For Change

Organizational change involves the implementation of new tools, procedures or technologies in order to face challenges due to the changing demands of business, or to create new business opportunities. Change management is yet another widely debated and written about topic in management. The last couple of decades have seen managers experiencing series of radical changes at the work place. Change is a complex process-it is a response to continuously evolving conditions. The days of stable environment and relatively few changes are over. Today we have an environment where change is not only continuous but requires the management to adopt multiple strategies to meet them. Moreover, change processes have become a kind of turning point in organizations with their vast scope leaving one with the idea that it is not the change of culture one should get used to, but to the cultural changes. Change management refers to the making of changes in a planned and managed or systematic fashion. The aim is to more effectively implement new methods and systems in an on going organization.

HUMAN RESOURCE MANAGEMENT

Labour Relations Practices In Sugar Industry of Uttar Pradesh

Sugar industry is the most important industry in Uttar Pradesh as elsewhere in the country. The last few decades have witnessed a salient industrial revolution in this part of the country resulting in the transformation of a predominantly agricultural economy into an important industrial economy. Impressive progress has been made in the field of large, medium and small-scale industries in Uttar Pradesh. The state continues to maintain a matching position among the industrialized states of the country. There were only 14 sugar factories in Uttar Pradesh in 1932. At present, there are nearly 130 sugar mills in the state, each depending upon 150 to 400 villages for its cane supply. On an average, the industry covers about 20,800 villages. But in recent years, due to low productivity, most of the sugar mills of the state are running in losses and are unable to maintain harmonious labour relations. It is against this backdrop that the present research paper attempts to evaluate the labour management relations practices in Sugar Industry of Uttar Pradesh.

Dr.Qamrul Islam
Assistant Professor
College of Business Administration
Jazan,Saudi Arabia
qamrulib@rediffmail.com

Talent Management in Academics :Nurturing The Knowledge Pool

“Talent” connotes different meaning to different people. It has different meaning in different contexts also. The meaning of talent is different for someone serving a corporate than someone serving defence services, serving civil services etc. Therefore, it is germane to first decide in what context one is talking about then the meaning of talent. In this paper, the word ‘talent’ is used in the context of “ACADEMICS” and for Academic Institutions. Talent is like the person who climbed the Himalayas to the guru’s cave to ask “what is the meaning of life?” and got the answer “Oh I was hoping you might be able to tell me dear son…” So, there is no one answer to this question. Just to cite an example from the Gita, which says that there is no plant that grows on the surface of the earth which does not have medicinal value; there is no sound in the universe that cannot form a mantra and that there is no man born who does not have a talent, only one has to have an eye to recognize the hidden talent in himself. The use of the word “talent” has become almost jaded but not quite in the category of academics which is extremely serious and sincere in its true sense because it is not only concerned with the society and country at large but with the entire human civilization. One of the major issues for higher education is ensuring the continued excellence of its faculty, to continuously improve and compete in the future and as the number and diversity of students is increasing, creating an institutional environment that values the recruitment and retention of an excellent and diverse faculty is more important than ever.

dolly_lavania@rediffmail.com

BUSINESS ETHICS

CSR : A Strategic Publicity

The concept of corporate social responsibility (CSR) came to the picture when there was a need to generate awareness among the corporate sectors to do something for the society and locality whose resources are being used exhaustively. The relationship between business and society is undeniable. They are inter-dependent. Thus CSR basically highlights that it is important for the companies to realize their responsibilities towards the society. Interestingly, the concept has gained importance in the present scenario as companies found it to be the easiest way to get media attention.

prof.tapas@yahoo.com