Shanlax International Journal of Management

Biggest Compensation Strategy Challenges for HR Leaders: A Study

2024-04-10T06:02:02+00:00

Introduction: Effective compensation strategies are playing a significant role as it helps to outline the effective approaches of business toward pay and advantages for the employees of the organizations.
Literature Review: There are different elements in the compensation strategy which include the position of the business in the market, cash flow rates, rules and regulations of the business organization, salary base principles, and benefits of employees.
Methodology: Therefore to obtain informational key data about the challenges of the biggest compensation strategies in the business organization for HR leaders 55 surveys have been collected.
Findings: It can be observed that the significance value is 0.000 which is lower than 0.05 hence it can be conclude that this hypothesis is correlated.
Conclusion and Recommendation: Thus, the study presents a proper underlying concept, impacts, and challenges associated with the biggest compensation strategy for HR leaders.

A Study on Motivational Factors of Entrepreneurial Performance

2024-04-10T06:02:02+00:00

Entrepreneurship is a key factor in the national economy. While understanding about entrepreneurship, it is vital to realize the achievement motivation among the entrepreneurs and its relationship with the success of their organisations. In this study, the factors influencing entrepreneurial performance are analysed using the correlation method. Totally 112 entrepreneurs from five categories of industries are considered for the survey. Interview-schedule is designed with the parameters of achievement motivation and entrepreneurial performance. It is found that achievement motivation is significantly correlated with entrepreneurial performance.

Principal Component Analysis - Comparative Study on Performance of Axis Bank and Indian Bank

2024-04-10T06:02:02+00:00

Principal component analysis (PCA) is a technique for reducing the dimensionality of such datasets, increasing interpretability but at the same time minimizing information loss. In this article, we have applied PCA to analyse a range of financial indicators such as capital adequacy, asset quality profitability, liquidity and efficiency across Axis and Indian bank. This study has been carried out using the data from 2014 to 2023. In this article PCA analysis has grouped the both banks using thirteen years financial data into three major components such as operating Income Ratio, Net profit Ratio and Expenses ratio. The two banks Axis banks and Indian bank have been taken for analysis. Thirteen financial indicators have been taken for the study and it have been grouped into three components in AXIS bank such as Operating Ratio, Net profit Ratio and Expenses Ratio and two components in Indian bank like Operating Ratio and Net profit Ratio. The result of this analysis reveals the underlying dimensions of bank performance and highlight the most significant factors influencing bank efficient performance. Additionally, the study examines how these factors changed over time and the article provides valuable insights into complex dynamics of bank performance and contributes suggestions for efficient bank management

A Study on Impact of Online Teaching among College Students in Madurai during Covid-19

2024-04-10T06:02:02+00:00

The newly identified virus, SARS-CoV-2, is responsible for the COVID-19 pandemic, resulting in numerous fatalities and widespread closures across various sectors. To keep the learning cycle going, schools are turning to online teaching platforms like Google Meet, Zoom, Microsoft Team, Cisco Webex, and Slack, among others. These are the platforms that protect students from the epidemic and promote their ability to learn continually through online learning. The study focuses on the shift of educational sectors from offline to online modes, with the goal of measuring students’ satisfaction levels with online classes.

Transforming Management Decision - Making: Role of ChatGPT

2024-04-10T06:02:02+00:00

This study explores how ChatGPT, an advanced artificial intelligence language model, has revolutionized management decision-making processes and clarifies how it will influence corporate governance going forward. This study investigates how ChatGPT improves decisionmaking efficiency, accuracy, and strategic foresight through an analysis of current trends and breakthroughs in AI technology, supported by empirical data from real-world applications. It also explores the dynamic interaction between AI algorithms and human expertise, emphasizing the collaborative potential of decision-making frameworks. The examination addresses organizational, ethical, and legal issues in addition to highlighting the advantages and difficulties of using ChatGPT into managerial practices. This study adds to a more nuanced knowledge of ChatGPT’s impact on managerial decision-making and offers practical advice to companies looking to successfully use AI to navigate the challenges of the future.

Navigating Dual Realities: A Comparative Study of Work-Life Balance among Migrated and Non-Migrated Lecturers in Dimapur District

2024-05-07T12:19:43+00:00

This comparative study delves into the intricate dimensions of work-life balance experienced by lecturers in Dimapur District, focusing on a unique dichotomy - those who have migrated to this locale and those who have maintained their roots. The research objectives encompass an assessment of WLB perceptions and experiences of migrated lecturers, a comparison of WLB between migrated and non-migrated counterparts, an exploration of the multifaceted determinants influencing WLB, and the proposition of actionable strategies to enhance this equilibrium. Through a comprehensive examination of these objectives, this research aims to contribute a nuanced understanding of the work-life dynamics among lecturers in Dimapur District, providing valuable insights that extend beyond the confines of this locale, and informing broader discussions on work-life integration within academia.

Analysis of Leverages and Profitability of Top 10 IT Companies in India

2024-05-07T12:22:33+00:00

Firms utilize leverage to expand assets, cash flows, and revenue, which can lead to increased losses. There are two major types of leverage: financial and operational. To raise financial leverage, a company can borrow money by issuing fixed-income securities or directly from lenders. The researcher focused on secondary data and used correlation and regression analysis for this study. The correlation result shows that the relationship between return on equity and operating leverage is positive at the 5% level, and the relationship between combined leverage and financial leverage is highly significant at the 1% level. Further, the multiple regression result showed that H₀¹ and H₀² are rejected at the 5% level, and combined leverage has an insignificant return on equity. Therefore, H₀³is accepted. However, the study revealed that the financial and operating leverage of India's top 10 IT companies are satisfactory.

BUSINESS ANALYTICS: CHALLENGES AND INNOVATIONS FOR THE MODERN ENTERPRISE

2024-05-07T12:24:55+00:00

Business analytics has significantly improved in recent years, providing better insights from operational data stored in transactional systems. Recent years have witnessed significant advancements in business analytics, particularly in extracting insights from operational data stored in transactional systems. E-commerce data analysis stands out as a prime example, integrating clickstream records with demographic and behavioural data to offer valuable insights. However, despite these advances, business users encounter challenges in leveraging data for decision-making. These include reducing the cycle time of data collection and analysis, minimizing the expertise needed for analysis, defining clear business goals, collecting relevant data, disseminating analysis results, integrating data from diverse sources, and optimizing applications for specific industries. Emerging trends focus on virtualization, incorporating industry-specific knowledge, and utilizing wireless devices for accessing analytical information.

IMPACT OF EMPLOYEE TRAINING AND DEVELOPMENT ON ORGANIZATIONAL PERFORMANCE

2024-05-07T12:27:01+00:00

Employee training and development have emerged as critical factors in enhancing organization performance and competitiveness in today's dynamic business environment. Drawn upon theoretical framework and empirical research, the study investigates the mechanisms through which training and development programs influence employee skills, knowledge, motivation, and job satisfaction consequently affecting organizational outcome such as productivity, profitability, innovation, and employee retention. The importance of studying this paper is to advance both academic knowledge and practical applications in the field of human resource management and organizational performance. It offers valuable insights that can inform future research directions and guide organizational practices aimed at enhancing employee skills, motivation, and overall performance.

Effectiveness of Advertising on Social Media

2024-05-07T12:29:40+00:00

Advertising today plays a pivotal role because of the fast growing competition and fear of losing the market. Without advertising, people will neither be aware of the attributes of the product nor of its price. A growing class of advertising media has been on the Social Media. Social Media advertising provides an advantage of its impact, mass coverage, repetition, flexibility and prestige of the product to its customers. The fact that the product or services is promoted on a Social Media may build a prestigious image of product and its sponsor. The Social Mediaadvertising may be taken for good communication requirement to emphasis on the prime prospect and geographic sales analysis. The study focuses on impact of the advertisements, the perception, purchasing behavior and product preference of the respondents. The sponsors too need to know how well their product had reached the audience. The notion is that customers should make a purchase rather than to have a desire. This study is opted in order to understand customer’s perception on the product and advertisement's nature.

An Empirical Evaluation of Fintech Startups and Indian Bank Customer’s Perception on E-Banking Services

2024-05-07T12:31:45+00:00

Purpose The Purpose of this paper is to examine the customers’ perception regarding use of e-banking services.

Design/Methodology/Approach Exploratory research design was used in the study. Data collection has been done through structured questionnaire and purposive sampling was used in the study. Sample size of the data was taken 100 persons who are using e-banking services. Data analysis was done through SPSS and one way ANOVA, frequency table, and dichotomy analysis were used in the study.

Findings It is found that the security issue problem faced by different age group persons while using e- banking services and problem faced by public and private bank customers are same while using e-banking services. The study suggests that banks should work on the security issue which is faced by every age group person and the issues regarding OTP should be considered so that more and more people can adopt the e-banking services.

Originality This study is one of its kind that has considered the issue related to public and private banks customers together and has revealed that the OTP and security concern is on priority while considering the e banking transactions.