EDITORIAL

 

Editorial

Dear Readers,

Greetings

Congratulations to all the Professors, Researchers, Scholars, and Authors. Now the journal is UGC listed with Number: 63861 and it is indexed with Cite Factor.  The quality of editorial reviews is critical to the success of any scholarly journal, and ITIHAS - The Journal of Indian Management is no exception. Reviewers generously volunteer their time and intellectual energy to provide critiques of manuscripts that serve the critical function of enhancing the quality of articles that is published in ITIHAS. Under tight timelines and in the context of multiple responsibilities, reviewers are asked to assume the difficult task of reviewing manuscripts that are often complex and detailed. ITIHAS is once again thanking you to all the Editorial Team and researchers and authors for their kind co-operation in this regard.

This modern era has witnessed a significant & rapid growth in the service sector. The cross border business & technological advancement created plenty of employment opportunities in developing nations like India. India has become the first choice of foreign investment in different sectors including service sector but the fact may not be denied that India is facing the talent crunch, the shortage of skilled employees & their retention is the major issue faced by the different organizations. The paper “TEAM EFFECTIVENESS: A RELATIONAL APPROACH WITH EMPLOYEE RETENTION” The current study endeavors to highlight the influence of team effectiveness on the employee’s decision to stay with or leave the organization. The research also studies the impact of demographic factors like Gender, Qualification, Experience and Tenure on employee retention and team effectiveness.

Corporate governance and its impact on corporate performance now a day is a widely debatable topic in the corporate world. Various empirical researchers have shown significant relationships between corporate governance policies and its performance. In the present world, corporate governance is the main driver of firm performance which is the help towards to direct and controlled the total system of the corporate. The paper “EFFECT OF CORPORATE GOVERNANCE ON MEASUREMENT OF FIRMS PERFORMANCE: AN ANALYSIS ON INDIAN CEMENT INDUSTRIES” considered the three independent variables to study the governance policy such as board size, family controlled firms and CEO duality and earnings per share as dependent variable.

The digital age has altered how businesses market their products. It has completely altered the playing field so companies have to tailor their strategies to reach their customers. Marketing is a field dominated by those with the foresight to plan ahead, anticipate changes, and jump on trends before your competitors do. If you want to be at the forefront of digital, you need to be innovating all the time and being aware of what trends are coming up. The paper “Digital Marketing Initiatives Owing to Technological Improvements” discussed on the recent marketing trends owing to technological improvements and digitalization.

The growth of any business enterprise depends on different factors including its entrepreneur’s biographic characteristics. The paper “RELATIONSHIP BETWEEN ENTREPRENEURS’ BIOGRAPHIC CHARACTERISTICS AND SMALL ENTERPRISE GROWTH IN KERALA” explored these characteristics and analyzing their effects on the growth of small enterprises in Kerala. The entrepreneurs’ (300 numbers) were selected randomly for the study using multi-stage sampling technique constitute and have been interviewed personally. Findings of the study reveal that relatively higher educated and married male entrepreneurs, having business experience of less than ten years, were significant group to enter the business.

Today’s environments are changing rapidly that organizations are facing serious unpredictability and uncertainty, which sometimes causes instability in the business operations. In this unstable environment, organizations need to rely on the most important assets: their people. Organizations need to strategize to motivate and connect their employees in order to create competitive advantage and achieving higher profitability. Organizations may consider methods like succession planning and management to promote their employees’ knowledge, skills, talents, and capabilities to tackle problems created by the challenging environments. The paper “Efficient Succession Planning – A key to business success” provided a general view in succession planning and management by reviewing the most relevant researches in this field. This comprehensive review is useful for organization managers to select and tailor succession planning approaches which best suit their organizations. In particular, this paper will benefit researchers who are interested in studying succession planning and management.

The changed business environment has not only brought new ideas but also given rise to an egalitarian society with democratic values. This leads to the process of empowerment which tends to evolve in response to the trend towards the greater degree of responsibility and involvement amongst the employees in the organization. The paper “Employee Empowerment and Organisational Effectiveness: An Empirical Study on Central Public Sector Enterprises in India” investigated the relationship between employee empowerment and organisational effectiveness in some selected public sector enterprises in India.

Entrepreneurial competency influences business growth and success. Adding note that the higher the competence business owners cause the higher business performance. Similarly, states that Business success influenced by the skill and the ability of the owner. Understanding what competencies needed by entrepreneurs ensures the survival of the business as well as business success. The paper “Entrepreneurial competency assessment: Evidence from Mizan-Aman Business Community in Mizan-Aman City Administration- Ethiopia” to examined entrepreneurial competency of Mizan –Aman Business community with quantitative data.

The ability to motivate an employee by an employer is influenced by inter-personal relations as well as by organisational efforts. The organisational efforts are shaped by vision, mission, goals and objectives, while the inter-personal relations are shaped by good and healthy communication, positive encouragement and support, on the job coaching, equal treatment, appropriate behaviour, helping attitude, etc. The paper “DRIVERS OF EMPLOYER MOTIVATION: A STUDY OF BANK BRANCH HEADS IN INDIA” demonstrated that drawing of subjective performance appraisal without taking into account their actual performance, inappropriate behaviour of SOs, unrealistic allocation of business targets to BMs, non-recognition and non-appreciation of their good work, bias in transfers and promotions, demotivate the BMs.

Bank is an institution, which processes credit and lending operations, as well as accepting deposits and making advances. It also allows for the issuance of money and facilitates payment processing including automatic payment. It facilitates all forms of electronic banking services internally and externally. As explained in the dictionary, it is described with the terms bank and banking, financial investment that bank company authorized by the state for all financial activities, which include accepting deposits. The paper “Public Sector Banks role in the Growth of Commercial Banking in India-A study” focused on the role of public sector banks in growth of Commercial banking.

IPO has been one of the most popular routes chosen for raising funds by any growing company.  It is a common experience that many IPOs are underpriced.  The paper “Factors Influencing Underpricing of Manufacturing sector IPOs : An Indian Perspective” attempted in  finding out the factors which influence the underpricing decision.  Earlier researchers had found that the influence of financial factors like ownership retention, size of the issue, age of the firm, Debt-equity ratio, NAV, EPS,  and non-financial factors like Underwriter’s reputation, Venture capital funding, IPO-grading.

 

 

 

Prof. Neelakantam Tatikonda

Editor-in-Chief

ITIHAS - The Journal of Indian Management