UPI Journal of Business Management and Computer Applications

A Study on the Impact of Employee Satisfaction on Quality and Profitability of Organizations

K. Sreenivasulu Reddy, BGV Phani Madhav — Sat, 30 Jun 2018 00:00:00 -0400

Human Resource Management is getting more important in the business now-a-days, because people and their knowledge are the most important aspects affecting the productivity of the company. One of the main aspects of Human Resource Management is the measurement of employee satisfaction which is a measure of how happy employees are with their job and working environment. It is a key factor when measuring the organizational success. The purpose of this study is to observe the relationship between employee satisfaction and organizational success to attain profits. In this research paper, various variables responsible for employee satisfaction has been discussed such as organization developmental factors, job security factors, work task factors, policies of compensation and benefit factor and opportunities which give satisfaction to employees such as promotion and career development leadership, motivation, rewards and cultural differences also have been described. This paper also deals the various ways by which one can improve employee satisfaction. The data was collected through self administrated questionnaire which contains multiple choice questions and open-ended questions. In conclusion, it seems reasonable to believe that understanding of employee role is extremely important as it appears key factor in the success of modern organization.

The Role of Competency Mapping in Human Resource Management

D. Swaroopa — Sat, 31 Mar 2018 00:00:00 -0400

The main objective of the business is to getting the profit and there are many driving forces effects to maximize profits: a rapidly expanding market place, diversity among customers, increasing competition, availability of new technology, new innovative methods. A skilled and committed workforce is required to compete in today’s fast, global marketplace. Only those organizations that are able to engage such manpower will sustain in the market. This is possible only through the COMPETENCE of the human resources. Today’s workforce is better educated and more affluent. Human potential and its development are by providing a suitable and congenial environment. Competency mapping is an important resource in this environment, and is an addition to knowledge management and learning organization initiatives. Competency refers to the intellectual, managerial, social and emotional competency. Competencies are derived from specific job families within the organization and are often grouped around categories such as strategy, relationships, innovation, leadership, risk-taking, decision making, emotional intelligence, etc. Hence, this paper is concentrated on the role of competency mapping in human resource management to get the acceptable profits.

A Study on Disaster Planning and Management

K. Sreenivasulu Reddy — Sat, 30 Jun 2018 00:00:00 -0400

Disaster management is the creation of plans through which communities reduce vulnerability to hazards and cope with disasters. Disaster management does not avert or eliminate the threats; instead, it focuses on creating plans to decrease the effect of disasters. Any disaster can interrupt essential services, such as health care, electricity, water, sewage/garbage removal, transportation and communications. The interruption can seriously affect the health, social and economic networks of local communities and countries. Disasters have a major and long-lasting impact on people long after the immediate effect has been mitigated.
All communities and countries are vulnerable to disasters, both natural and man-made. The rapid growth of the world's population and its increased concentration often in hazardous environment has escalated both the frequency and severity of natural disasters. With the tropical climate and unstable land forms, coupled with deforestation, unplanned growth proliferation non-engineered constructions which make the disaster-prone areas mere vulnerable, tardy communication, poor or no budgetary allocation for disaster prevention, developing countries suffer more or less chronically by natural disasters. This vulnerability is exacerbated by many organizations’ increasing dependence on computer, telecommunications, and other technologies, and trends toward integrating suppliers and business partners into everyday business operations. In response many organizations are implementing disaster recovery planning processes. Local, regional, national and international organizations are all involved in mounting a humanitarian response to disasters. Each will have a prepared disaster management plan. These plans cover four elements of the generic disaster recovery plan: Mitigation, preparedness, response, and recovery.

Mergers and Acquisitions: Boom in the Indian Pharma Industry

Kambham Venkateswarlu — Sat, 30 Jun 2018 00:00:00 -0400

This study deals with the Mergers and acquisitions (M&As) sector of India and boom in Indian pharma industry. M&A has become a means for firms to acquire, merge, absorb and exploit the knowledge of the target firm. This phenomenon is considered to be the most important strategy for gaining competitive advantage for firms. There are many factors will affect the M&A sector and it is important to consider the recent changes in political and social environment around the globe. This sector mainly depends on the Government policies and political factors, therefore, this sector is highly elastic in its behavior. This study attempts to find out the M&As in Indian pharma sector, regulations, recent trends and its impact on Indian pharma sector compared to the Europe.

Regulatory Aspects of Pharmaceutical Excipients in India and their Qualification to Use in Pharmaceuticals

Kambham Venkateswarlu, B. Siva Sai Kiran — Sat, 30 Jun 2018 00:00:00 -0400

Excipients are an inactive substances formulated along with the active pharmaceutical ingredient(s) (APIs) of medication for bulking up of formulations or to give a therapeutic enhancement of API in the final dosage form. Almost of all the marketed products contain excipients thereby the excipients play a crucial role in the manufacture of medications by helping to preserve the efficacy, safety and functionality of the APIs. Excipients categorized as compendial excipients (official in pharmacopoeia) and non compendial excipients (non official in pharmacopoeia). The main objective of excipient in formulation is, they can deliver a drug from its dosage form in desired path. This paper deals with the challenges, regulatory aspects of excipients and role of International Pharmaceutical Excipients Council (IPEC) in regulating the quality of excipients.

A Case Study on the Perception of Employees in Leading MNC’s (IT/ITES Sector) in India Regarding Performance Appraisal System and Proposing a Sustainable Performance Appraisal Framework for Indian Organizations to Lower Attrition Rate

P. Ramlal, Garimidi Siva Sree, Ankush Gupta — Sat, 31 Mar 2018 00:00:00 -0400

Performance Appraisal is a systematic and periodic process of assessing the performance of employees in an organization with respect to certain organizational goals and objectives. Employees form a valuable asset to any organization and play a significant role in boosting its economic growth. So organizations are increasingly focusing on innovative appraisal techniques that not only help in employee retention but also align its strategy to performance management of its employees. A well constructed performance appraisal system motivates the employees and improves their productivity and retention. Reinventing the performance appraisal system is the need of the hour as the conventional devices suffer from many limitations and have become obsolete to the demands of today’s workforce. TCS’s scrapping of Bell curve model, GE’s new PD@GE, IBM’s Checkpoint and Adobe’s ‘give and receive’ feedback system are few among the many notable examples that hint the need for revamping the conventional appraisal techniques. This case study highlights on the appraisal techniques being used in most of the Indian organizations. A satisfaction online survey is being carried out on 36 employees working in leading MNC’s (IT/ITES) of India related to performance appraisal methods. From the findings, a sustainable appraisal framework is suggested for Indian organizations that will lead to increased employee satisfaction and retention thereby contributing to organizational growth.