i-manager's Journal on Management (JMGT)


Volume 10 Issue 2 September - November 2015

Article

How to Transform an Ordinary Tech Firm into an Innovation Powerhouse

Hershey H. Friedman* , Linda W. Friedman**
* Professor of Business, Department of Business Management, School of Business, Brooklyn College, The City University of New York.
** Professor of Statistics & Computer Information Systems, Zicklin School of Business, Baruch College, The City University of New York.
Friedman, H. H., and Friedman, L. W. (2015). How to Transform an Ordinary Tech Firm into an Innovation Powerhouse. i-manager’s Journal on Management, 10(2), 1-11. https://doi.org/10.26634/jmgt.10.2.3674

Abstract

Organizations that thrive in the highly competitive knowledge economy will need to employ the most creative people. A good idea could easily generate billions in profits for a company; being slow to adapt to changing conditions can destroy a firm. Innovative, engaged people are invaluable to an organization but have options and can easily find another job if dissatisfied. This paper describes what upper management must do to create a culture in which creative people are engaged, satisfied, and thrive.

Research Paper

An Approach to the Management of the Sustainable Issues in Mobile Phone Design and Manufacturing

Tom Page*
*Senior Lecturer, Electronic Product Design, Loughborough Design School, Loughborough University, UK.
Page, T. (2015). An Approach to the Management of the Sustainable Issues in Mobile Phone Design and Manufacturing. i-manager’s Journal on Management, 10(2), 12-23. https://doi.org/10.26634/jmgt.10.2.3675

Abstract

As the desire for more consumer electronics continuously grows, the demand for rare earth materials used to make such products increases. The linear method by which a majority of the world currently manufactures is not a long-term sustainable solution and these current product cycles will have to be replaced, with more circular business models, in order to adjust to these consumer demands. The aim of this research is to investigate sustainability issues in the whole life cycle of mobile phones. The objectives of this research comprised identifying key sustainable design factors, applying a theoretical framework based on the Circular Economy (CE) to the development, use and disposal of mobile phone products. This work has a wider implication for other such type of electronic products and sub-assemblies and the materials that they are made from.

Research Paper

A Study on the Causal Relationship between CNX Nifty and the Index of Industrial Production

Pavan Kumar Chandrappa* , Venugopal Santhosh Kumar**, Triveni P***
* Faculty Associate, Manipal Global Education Services Pvt Ltd, Bengaluru, India.
** Assistant Professor, Manipal Global Education Services Pvt Ltd, Bengaluru, India.
*** Assistant Professor, M. S. Ramaiah Institute of Management, Bengaluru, India.
Chandrappa, P. K., Kumar, V. S., and Triveni (2015). A Study on the Causal Relationship between CNX Nifty and the Index of Industrial Production. i-manager’s Journal on Management, 10(2), 24-32. https://doi.org/10.26634/jmgt.10.2.3676

Abstract

The Index of Industrial Production (IIP) is an important indicator of economic trends and investors, therefore assume that it has a bearing on the index. This study seeks to address the question as to whether changes in the Index of Industrial Production has a bearing on the movement of the index. The CNX Nifty has been taken as the market index for the purposes of this study. The study covers data for the period between 1990 and 2015.The augmented dickey fuller test has been used to test for stationarity and the data has been found to be stationary after first differencing. Causality and direction of causality is studied using the Granger Causality test. The findings were surprising as the causality was seen to be from CNX Nifty to IIP, which is contrary to what many investors assume. The key finding is that the markets are informationally efficient and investors have access to data well before they are published.

Research Paper

Financial Inclusion through Commercial Banks: A Road Map towards Future Growth (With Reference to Krishna District: Andhra Pradesh)

P. Raja Babu*
*Associate Professor and Alternate HOD, KL University Business School, Vaddeswaram, Andhra Pradesh, India.
Babu, P. R. (2015). Financial Inclusion through Commercial Banks: A Road Map towards Future Growth (With Reference to Krishna District: Andhra Pradesh). i-manager’s Journal on Management, 10(2), 33-42. https://doi.org/10.26634/jmgt.10.2.3677

Abstract

The financial sector reforms have been remarkable in progress and their performance has become a major concern for planners' and policymakers in India. The development of an economy depends on how efficiently the financial sector performs and links up with the function of financial intermediation. In India, the financial market and banks have to play a predominant role and they are taking a number of initiatives in order to expand financial services towards weaker sections of the society. Financial inclusion is the delivery of formal banking services to the vast sections of lower income groups at an affordable cost. As stated by Mr. Arun Jaitley (2014), at present, more than 40 per cent of Indian households do not have access to banking services. In developed countries, financial inclusion is a burning issue. In USA, 9 per cent of the population do not have any bank account (Mohan, 2006) whereas, in Sweden and Germany, this is about 2 per cent and 3 per cent of adults who do not have an account. Countries with high level of inequity record higher levels of banking exclusion. The Prime Minister of India Shri Narendra Modi launched the 'Financial Inclusion Mission' on Independence Day. The main objective is to ensure that every household in India has access to banking services such as savings accounts, credit, remittances, insurance and pension.

Research Paper

A Study on Purchasing Pattern and Behaviour towards Jewellery in Erode City

P. Karthikeyan*
*Assistant Professor (Sr.Grade), School of Management Studies, Kongu Engineering College, Perundurai, Erode, India.
Karthikeyan, P. (2015). A Study on Purchasing Pattern and Behaviour towards Jewellery in Erode City. i-manager’s Journal on Management, 10(2), 43-48. https://doi.org/10.26634/jmgt.10.2.3678

Abstract

This research is done with the objective of analyzing consumer buying behaviour while searching for purchasing of Jewellery, service and quality that they have to satisfy their customer needs. It attempts to understand the buyer’s decision making process, both individually and in groups. It studies characteristics of individual consumer such as demography, psychographics and behavioural variables in an attempt to understand people's wants. This study also tries to assess influence on the consumer from groups such as family, friends, reference group, and society in general. The research design used for the study is descriptive research. Here, survey was made with 200 customers in the Jewellery retail store premises. Through the research it was evident that, factors such as price, brand image, collections, advertisement, free gift, quality, discount, ambience of the store, making charges and wastage determines the consumer buying behaviour.