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

Human Resource Development Systems

Ever since the organisations had been involved in some activity, the human being working there   as employees are continued to be considered as valued assets. This is the reason for relevance of   human resource management just like any other resource management. Organisational effectiveness and efficiency, growth of business, sustenance of competitive advantage can be attributed to   the development of an appropriate corporate culture within an organisation by integrating business and human resource strategies. HRD management emphasizes on optimum utilization of human resources by formulating consistent and coherent policies aimed at promoting commitment to the organisation. This commitment of employees yield optimum level of efficiency from them and unleash a wave of creativity in the midst of the working environment which is less compliant and most confident of the human resource. Traditionally, information systems for HRD had been   restricted to personnel management systems whose purview include recruitment, Continue reading

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Securities Contracts (Regulation) Act, 1956

SECURITIES CONTRACTS (REGULATION) ACT, 1956 The Securities Contracts (Regulation) Act, 1956 [SC(R)A] was enacted to prevent undesirable transactions in securities by regulating the business of dealing therein and by providing for certain other matters connected therewith. This is the principal Act, which governs the trading of securities in India. The definitions of some of the important terms are given below: ‘Recognised Stock Exchange’ means a stock exchange, which is for the time being recognised by the Central Government under Section 4 of the SC(R)A. ‘Stock Exchange’ means — (a) any body of individuals, whether incorporated or not, constituted before corporatisation and demutualization under sections 4A and 4B, or (b) a body corporate incorporated under the Companies Act, 1956 (1 of 1956) whether under a scheme of corporatisation and demutualization or otherwise, for the purpose of assisting, regulating or controlling the business of buying, selling or dealing in securities. As per Continue reading

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Case Study: Dell Social Business Strategy

Dell Inc. is one of world’ largest multinational technology corporation that manufactures sells and supports personal computer and other computer related. Dell was founded as PC’s Limited in 1984 by Michael Dell, with a start-up money totaling $1,000, when he was attending the University of Texas. Michael Dell started his business with a simple concept that selling computer systems directly to customer would be the best way to understand their needs and give them the most computing solutions. The first product of the company is a self-designed computer called Turbo PC which had lower prices than major brands. PC’s Limited was not a first company to do this but was the first to succeed, grossing $73 million in its first year trading. The company changed its name to Dell Computer Corporation in 1988. They tried to sell computer through stores in 1990 but was unsuccessful and they returned to sell Continue reading

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Security Issues of Cloud Computing and Countermeasures

Along with the rapid development of information technology, all the organizations are seeking unique ways of driving their businesses forward, and the responsibility to manage these increasing demands is now placed on computer networks to provide a competitive edge and create new opportunities at reduced cost with efficient service. This has accelerated all the business and technological initiatives that promise to provide these services at the comparably low infrastructure and operating costs. A fine example of this scenario is the rapid growth of cloud computing. Cloud Computing, often referred to as simply “the cloud”, is a distributed architecture that centralizes server resources on a scalable platform, enabling ubiquitous access to configurable resources and services. It provides storage and access for data over the internet instead of our computer’s hard drive. Leveraging the Internet, it provides unparalleled and distributed services based on virtualization and service-oriented architecture. Cloud is not another recent Continue reading

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Legal Definition of a Contract

Definition of Contract According to section 2(h) of the Indian Contract Act: “An agreement enforceable by law is a contract.” A contract therefore, is an agreement the object of which is to create a legal obligation i.e., a duty enforceable by law. From the above definition, we find that a contract essentially consists of two elements: (1) An agreement and (2) Legal obligation i.e., a duty enforceable by law. We shall now examine these elements detail. 1. Agreement. As per section 2 (e): “Every promise and every set of promises, forming the consideration for each other, is an agreement.” Thus it is clear from this definition that a ‘promise’ is an agreement. What is a ‘promise’? The answer to this question is contained in section 2 (b) which defines the term.” When the person to whom the proposal is made signifies his assent thereto the proposal is said to be Continue reading

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Leadership Qualities – Top Qualities that Make a Great Leader

Leadership is a process of influencing the behavior of people at work towards the achievement of specified goal. The following elements must be present in the leadership: It is the process of influence; The influence is always for achievement of common goal; There must be minimum two or more persons present; influencing your own behavior is not leadership. The influence should be to get the willing co-operation of the employees and not the forceful co-operation. Most Important  Leadership Qualities A person must possess the following qualities to be a good and effective leader. Physical qualities. Good physical features attract people. Physical features like height, weight, health and looks of person attract and individual. Healthy and smart leader can him also work hard and he can induce his subordinates also to work hard. Knowledge, Intelligence and Scholarship. A leader must be able to examine every problem in the right perspective or Continue reading

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