STRATEGIC MANAGEMENT

Disentangling Causal Ambiguity : Presenting A Formal Model

Scholars both within Resource Based View (RBV) and outside it have long maintained that Causal Ambiguity is a construct which cannot be strategized, creating a paradox as RBV logic points towards Causal Ambiguity as one of the few constructs, which if strategized properly can lead to Sustainable Competitive Advantage (SCA). Causal Ambiguity, though emerging as one of the most important constructs, has been surrounded by much ambiguity, leading many scholars to call for detailed research to untangle the boundaries of Causal Ambiguity so that the veil surrounding it can be lifted and it can be manipulated for strategizing. Drawing on the recent advancement in Capability and System-Design literature and largely unexplored Routine literature, this paper proposes five testable propositions, which, if proven, can largely help in de-mystifying Causal Ambiguity for the focal firm and help in strategizing it.

sameerinfinity@live.com.au

HUMAN RESOURCE MANAGEMENT

Training and Development Practices : A Comparative Study of Public and Private Sector Industries

India’s economy is diverse and encompasses agriculture, handicrafts, textiles, manufacturing and a multitude of services. Although two thirds of the Indian workforce still earns their livelihood directly or indirectly through agriculture, industries and services are a growing sector and are playing an increasingly important role in India’s economy.For a predominantly agricultural country like India, development of industries is a must. Industrial development alone can provide a secure basis for a rapid growth of income.The mass production technology opened up tremendous opportunities for development in allied areas, and gave decisive thrust to the economy. Today’s competitive business environment is forcing an increasing number of organizations to find ways to improve leadership skills, competencies and capabilities of the entire workforce; because competent and motivated people can make things happen and enable an organization to achieve its goals. Therefore, organizations should continuously ensure that the dynamism, competency, motivation and effectiveness of the employees remain at high levels.

 

Meta - Perspective Performance Measurement Scale Review and Validity Check For Employees of An Indian Organization

Measurement of meta-perspective performance of employees in an organizational setting is the latest addition to the research tools for measuring the performance of employees. The freshness of this tool and approach to measurement of employees’ performance has motivated the researchers to examine applicability of the contents in an organizational setting of Life Insurance Corporation. Present paper aims to validate the contents of original scale in the context of Life Insurance Corporation of India. The author added a few items to original scale and tested validity for different groups of respondents.

Factors Determining Employee Satisfaction- A Case Study of Public Sector Organizations In Jammu Region

The present paper throws attention on the factors influencing the job satisfaction level of the employees of the various public sector organizations. The study is based mainly on the primary data collected from employees with the help of a well drafted pre tested structured questionnaire. Factor analytical approach has been applied on the responses of 150 employees to identify the factors, which determine employees’ satisfaction in order to condense the information contained in a number of original variables into a smaller set of dimensions (factors) with a minimum loss of information. To have more clarity in factor solution and to reduce the inaccuracies, rotation along with the varimax method of rotation of factors was used. However, before applying factor analysis the data adequacy tests for factor analysis were carried out. Principal component analysis was used for extracting factors and the number of factors to be retained was based on the latent root criterion i.e. Eigen values greater than 1. The results were obtained through Orthogonal Rotation with Varimax and all factor loadings 0.40 or higher (ignoring signs) were retained). The factors have been restricted to eleven statements for rotation purposes in order to condense the data.

ORGANIZATIONAL MANAGEMENT

Organizational Development In Indian Organizations - Issues and Challenges

As change has become inevitable part of our life Indian organizations are no exception to these compulsions. Today, they face numerous challenges and complexities, operating, as they do, in a highly volatile political and economic environment .This paper, while beginning with the basic characteristics of OD, goes through existing literature to look at the evolutionary phase by documenting the experiences of OD intervention in Indian organization .It also analyses the various issues emerging as major learning from these interventions. Finally it also indicates the challenges faced by the OD practitioner in India and also recommends the future directions for pursuing systematic research in OD areas in Indian context and to make it a relevant and pragmatic tool to bring about sustainable and long-term change.

Dr.Prashant Tripathi
Head
Central and Eastern UP Operations
Radio Mantra
 

ECONOMICS

Capital Structure,Liquidity and Profitability of Chemical Industry in India

The chemical industry is a multifaceted industry and plays a vital role in the economic development of India. The Indian chemical industry comprises both large and small units. The fiscal concessions granted to small scale sector in mid-eighties led to establishment of a large number of units in the small scale industry.Capital is a limited productive resource in developing economies and proper utilization of this resource promotes the rate of growth, cuts down the cost of production and above all improves the efficiency of the productive system. Fixed capital and working capital are the dominant contributors to the total capital of the industries. Fixed capital investment generates production capacity whereas working capital makes the utilization of the capacity possible. An attempt is made in this study to analyze the behavior of fixed and working capital of chemical industry of large public limited companies.