TECHNOLOGY

A Study On Similarity of Websites of Management Institutes Using Data Mining Tools

The World Wide Web has played an important role in presenting the data, even from geographically distant locations, easily accessible to users all over the world. A website is a collection of web pages, consisting of text and images that provide information about a particular topic or organization, twenty four hours a day and seven days a week (Bhattacharjee and Gupta, 2008). Today, it’s a big challenge for management institutes to stay upgraded in the global educational environment. Most of the management institutes provide information about students, courses, faculty, staff and facilities available and other details through their websites and accordingly market themselves. All this information is useful for the students, guardians, scholars as they get a bird’s eye view about the institute. Having a website helps the administration of any institute to provide information about their services- namely admission, results, rules, placement, etc. and accordingly, diminishes the work load of the employees to a great extent.
 

Hemanta Saikia
Research Scholar
Department of Business Administration
Assam University
Silchar,Assam
h.saikia456@gmail.com

INNOVATION AND KNOWLEDGE MANAGEMENT

Innovation and Tacit Knowledge

Innovation refers to finding new and better ways of doing existing tasks by converting new knowledge into new products and services. The new knowledge can be technical or market related. Technical knowledge refers to the inputs like components, process, and know-how that contribute to output. Market knowledge means the innovative /new designs, presentation techniques, distribution and customer service methods as well as new forms of differentiation, positioning and advertising. Knowledge, on the other hand, is defined by Davenport and Prusak as, “A fluid mix of framed experiences, values, contextual information and expert insight that provides a framework for evaluating and incorporating new experiences and information.” It is not by chance only that knowledge is used so heavily in the description of innovation.

HUMAN RESOURCE MANAGEMENT

HRM Practices In Sugar Cooperatives - A Case Study of Sanjivani Sahakan Sakhar Karkhana Limited, Tiska ,Goa

From the earlier term ‘Employment Management’ evolved the more general term “Personnel Management” which means personnel (human resource), and it refer’s to the employees (staff) working in an organization at different levels. During the later 1960’s and 1970’s, the term ‘Manpower Management’ became popular. Now-a-days Human Resource Management (HRM) is widely used. The human resource is the most productive and most versatile.

Female Expatriate Managers - Barriers Experienced And Suggested Strategies

IWith the globalization of the world economy, the world is shrinking at a fast pace. The companies are not restricted to one country, but have crossed the boundaries and have a presence in other countries as well. This has led to increase in the multicultural workforce. The one phenomenon which is quite evident due to globalization is the increase in the number of expatriate managers. But if we compare the number of male and female expatriate managers, we will find a striking variation. The increase in number of female expatriates in comparison to their male counterparts is not on the same line. Women face discrimination in the company’s selection policy as companies feel that sending a woman as an expatriate will not be a good business policy. They not only face discrimination in company’s selection policy, but also in their foreign assignments. Women face discrimination that prevents them from getting the international assignments and experience, which is important for the promotion to the top management level. The responsibility to eliminate the discriminations that women face is both with the female managers and the companies. While women in the recent past were able to reduce this discrimination in many developed countries, but studies reveal that companies are still relying more on the male candidates for global assignments.

Dr.Rahela Farooqui
Reader
Centre of Management Studies
Jamia Millia Islamia
New Delhi
 

HR Outsourcing : A Quick Way To Expertise

Wikipedia defines Outsourcing as subcontracting a process, such as product design or manufacturing, to a third-party. Alternatively, it may be understood as purchasing of service from an outside vendor rather than using internal resources. Human Resources (HR) outsourcing sector is on the rise and India is expected to be one of the major players in this sector. In today’s competitive & global market, main focus of any company is to find out the ways to reduce cost without compromising with the quality. HR outsourcing is the process in which a company uses the services of a third party to take care of its HR functions. A company may outsource a few or all of its related activities to a single or combinations of service providers located in offshore destinations like India, China, Philippines.Human Resource Outsourcing is beneficial for an organization in terms of cost-savings, increasing speed, service quality and process standardization. To identify the core and non-core processes that can be outsourced is the key for outsourcing. It frees the company from the burden of recruiting, training, development, and employee orientation programs. Therefore, companies feel more convenient to outsource their HR functions and thus concentrate more on their core business. According to the needs of an organization, there’s specialized HR outsourcing firm in that domain. Businesses which outsource their HR functions are generally small-to-midsize firms having employees between 25 to 1500.HR Outsourcing seems to be a strategic tool for businesses which relives them from their HR responsibilities and enables them to focus on their core competencies. Companies can save 30-40% of their cost by outsourcing their HR processes. In a business like HR outsourcing, where information is sensitive & cash flows are high, credibility and reliability are the foundations on which a relationship can be established.There is a continuous increase in the number of companies which outsource their HR activities.

Dr.Neeraj Kaushik
Asst.Professor
Department of Management Studies
TIT&S
Bhiwani,Haryana
kaushikneeraj@gmail.com

Dr.V.K Kaushik
Asst.Professor
Department of Management Studies
TIT&S
Bhiwani,Haryana
virenderk_kaushik@rediffmail.com

INTERNATIONAL BUSINESS

Global Entry Model For Indian IT Industry: Theoretical And Empirical Approach

Indian IT industry had a very late start when compared to US or Europe. Yet in the last decade, Indian IT firms have emerged as a global powerhouse in computer software development. Indian firms have transformed from a modest coding and body shopping operation to become a global competitor in a leading edge sector. Indian IT consulting companies are now competing globally with the established industry giants. One of the most important characteristics of globalization is the opening of the national markets to foreign firms, something that has led to intensified competition in these markets (James Leontiades, 1986). Firms all over the globe realize that they cannot expect their sales and profits to grow at satisfactory rates unless they implement appropriate business strategies to sustain and possibly improve the competitiveness of their products in the international markets.