Organizational Health – Concept, Dimensions, and Characteristics

Management Concepts

Organizational Health Approach – Building a Strong Workplace

Modern Management Concepts

Participative Management – Workers Participation in Management

Human Resource Management

Case Study on Entrepreneurship: Larry Page

Business Analysis

The Boundaryless Career: Modern Contemperory Perspective on Career

Human Resource Management

Major Participants in Securitization Process

Securitization is the process whereby relatively illiquid financial assets such as mortgages are packaged together and sold off to individual investors. Securitization turns relatively illiquid instruments into quite liquid investments called asset-backed securities. A market maker agrees to create a secondary market by buying and selling the securities. Securitization originated in the mortgage market in the early 1980s, when mortgage loans began to be packaged together and sold off as securities in the secondary market often with government insurance guaranteeing that the principal and interest would be repaid. Securitization became popular because it provides a way of protecting against interest rate risk in an environment of increased interest rate volatility. Securitization offers reduced credit risk because of the pooling of assets. Read More: The Concept of Securitization Process of Securitization Benefits of Securitization The securitization process  involves a number of  participants. The role of major participants in securitization process are Continue reading

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Discharge of a Contract

When the rights and obligations arising out of a contract are extinguished, the contract is said to be discharged or terminated. In other words, discharge of a contract means termination of the relationship between the parties to a contract. The ways of discharging a contract can be discussed as:- i) Discharge of Contract By Performance: When a contract is duly performed by both the parties within the specified time and in the manner prescribed, the contract is said to have been performed and discharged. Performance may be: (a) Actual (b) Attempted. Actual Performance: When each party to a contract fulfils his obligation arising under the contract within the time and in the manner prescribed, it is called actual performance of the contract and the   contract is discharged. Attempted Performance — When the promisor offers to perform his obligation under the contract, but is unable to do so because the Continue reading

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Functional Organization – Meaning and Features

Functional organization is technically called functional foreman-ship because the function itself becomes a supervisor and the employees automatically perform their respective duties.   The emphasis of functional organization structure is on operations rather than on management.   Functional organization is commonly used in business organizations.   The spirit of organization, which involves grouping tasks together and allocating them to genuine employees is observed in functional organization. Functional sets like marketing, finance, production and personal are grouped systematically. Departments and sub departments are developed according to the requirements of the business.   Functional organization is the basic building block or module from which other forms of organization are built. Functional organization is characterized by function, sub-goal emphasis, division of work, functional relationship, centralization and decentralization, span of control, divisionalization of product and regionalization.   All employees are not equal; they have distinctive and special interests in different activities, while some of Continue reading

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Case Study: Pepsi’s Fast-Food Troika

The mid-1990’s were not particularly kind to Pepsi Co.   Its flagship Pepsi product was losing ground to Coke in the United States and abroad, and Diet Pepsi had slipped to fourth among soft drinks (behind Coca-Cola’s Sprite citrus soda). Even the fast-food chains that had provided Pepsi with substantial revenue growth over the prior two decades — Pizza Hut, Taco Bell, and Kentucky Fried Chicken — were experiencing declining revenues.   Only the Frito-Lay snack division continued to outperform its rivals.   In 1997 Pepsi spun off its fast-food operations into an independent company called Tricon. When it acquired Pizza Hut and Taco Bell in the 1970s, Pepsi seemed intent on becoming the world’s largest fast-food vendor.   After it successfully digested the pizza and taco chains, it was widely expected to further expand its fast-food empire.   By the mid-1980s, Pepsi’s next target was rumored to be Wendy’s Continue reading

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Note Issuance Facility (NIF)

Note Issuance Facility (NIF)  offers a good mix of capital market and syndicated loan operations.  Note Issuance Facility is a usual medium term, floating rate, funding instrument – it is a long-term position for the investor who has shifted their performance for short term in view of the country risks of some less developed countries. NIF is a medium term arrangement under which borrowers can issue short term papers (called a Euro note) with the underwriting support of the commercial banks. The different names given to these main facilities with some variation in its terms are revolving underwriting facility(RUF), short-term note issuance facility (SNIP), transferable revolving underwriting facility (TRUF) and Note Purchase Facility (NPF).  Note Issuance Facility is the legally binding commitments of the underwriting banks to support funding for a period of say, five years. Mechanism and Documentation of  Note Issuance Facility (NIF) The issuer of Note Issuance Facility Continue reading

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Levels of Organizational Change Programs

The various  levels of organizational change programs may be classified into individual  level changes, group level changes and organisational level changes. Individual Level Change Programs Individual level changes may take place due to changes in job  assignment, transfer of an employee to a different location or the changes in the  maturity level of a person which occurs over a passage of time. The general  opinion is that change at the individual level will not have significant  implications for the organisation. But this is not correct because individual level  changes will have impact on the group which in turn will influence the whole  organisation. Therefore, a manager should never treat the employees in  isolation but he must understand that the individual level change will have  repercussions beyond the individual. Group Level Change Programs Management must consider group factors while implementing any  change, because most of the organisational changes have their major Continue reading

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