i-manager's Journal on Management (JMGT)


Volume 14 Issue 1 June - August 2019

Research Paper

The Perfect Motivation Mix: A Case of Application of HRM Ratios

Mqondisi Bhebhe *
Studiosity, Sydney, Australia.
Bhebhe, M. (2019). The Perfect Motivation Mix: A Case of Application of HRM Ratios. i-manager's Journal on Management, 14(1), 1-14. https://doi.org/10.26634/jmgt.14.1.15234

Abstract

Currently, the debate between financial and non-financial rewards among researchers is a tug-of-war, with the opposing sides often criticising each other, but failing to present a comprehensive alternative solution that could bring this issue to rest finally. Although the majority of the industry's theorists have reached consensus on the need to balance between both financial and non-financial elements, they have, however, left it to the managers themselves to use their own discretion on what they feel is fair. The result has been the application of rewards in subjective proportions, a move that has even worsened instead of improving the situation. This report proposes additional Human Resource Management Ratios in addition to the existing ones. This will help them understand the proportions of both financial/non-financial rewards present in the current motivation mixes and help them adjust them more conveniently using a standard warning metric. It concludes by emphasizing the importance for management to understand the limits of implementing reward systems since all are experimental programmes and that control mechanisms must always be measurable to avert potential disasters in the process.

Research Paper

The Impact of the In Store Environment on Consumer Behaviour

Iva Starc* , Robert W. Robertson**
*Department of Marketing, University of Ljubljana, School of Economics and Business, Slovenia.
**Visiting Associate Professor, Faculty of Economics, University of Ljubljana, Solvenia.
Robertson, R. W., & Starc, I. (2019). The Impact of the In Store Environment on Consumer Behaviour. i-manager's Journal on Management, 14(1), 15-24. https://doi.org/10.26634/jmgt.14.1.15472

Abstract

An increasingly competitive global retail sector requires that firms reconsider their marketing and sales strategies. In particular, significantly increasing online sales have served to focus the attention of retailers on all aspects of the on ground for consumers. One specific area of interest is to enhance the in store shopping experiences of consumers by improving the in store design and operational aspects of the on ground shopping process. This paper explores the increasing importance of the in store environment and experiences on consumer behaviour.

Research Paper

The impact of Job stress, Workload and Long Working Hours on the Job Satisfaction of Government Doctors at Tamil Nadu

Nithyajothi Govindaraju *
Graduate School of Business, Segi University, Malaysia.
Govindaraju, N. (2019). The Impact of Job Stress, Workload and Long Working Hours on the Job Satisfaction of Government Doctors at Tamil Nadu. i-manager's Journal on Management, 14(1), 25-32. https://doi.org/10.26634/jmgt.14.1.15207

Abstract

The doctor's profession is considered as crucial as it is casually related to the lives of human beings. In Tamil Nadu, there is a general inclination that in government hospitals, the patients are not treated adequately by the doctors, and government doctors concentrate more on their private clinic. The study objective is to find out job stress, workload, and long working hours influencing job satisfaction among the government hospital doctors of Tamil Nadu. The study sample comprised of 250 doctors working in government hospitals in Nagapattinam District. 250 Questionnaires were distributed. 155 were received back and considered for data analysis using SPSS version 22. The study results concluded that long working hours and workload have a positive relationship with job satisfaction. Job stress has a negative relationship with a government doctor's job satisfaction.

Research Paper

Selection of the Best Laptop Model by the Application of FUZZY-AHP Methodology

Soupayan Mitra* , Shankha Shubhra Goswami**, Monayem Parvej***
*_***Department of Mechanical Engineering, Jalpaiguri Government Engineering College, Jalpaiguri, West Bengal, India.
**Department of Mechanical Engineering, Indira Gandhi Institute of Technology, Dhenkanal, Odisha, India.
Mitra, S., & Goswami, S. S. (2019). Selection of the Best Laptop Model by the Application of FUZZY-AHP Methodology. i-manager's Journal on Management, 14(1), 33-43. https://doi.org/10.26634/jmgt.14.1.16044

Abstract

Multi criteria decision making is one of the important areas in decision making process that helps the decision maker to select the best option among different available alternatives having different number of criteria as well as sub-criteria. The criteria as well as sub-criteria may have different levels of preferences and some of them may be conflicting in nature among themselves with respect to the most desired decision characteristics. In this present analysis one of the MCDM tools, i.e. FUZZY-AHP is adopted to select the best laptop models among 6 different models actually, available in the market having different configurations. The objective of this paper is to propose the best model among these 6 models based on different criteria (e.g. RAM, Hard Disk Capacity, Processor, Screen Size, etc.) as well as sub-criteria (e.g. The laptop models may be available in different screen size like 14-inch, 15.6 inch, etc.). A physical market survey has been done to know the choices and preferences of the common laptop users and based on this market survey the analysis have been carried out.

Research Paper

Evaluation of Suppliers for the Establishment of Green Supply Chain Management in Steel Industries using AHP - TOPSIS Method

Rajesh Kumar* , Shiena Shekhar **
*_**Department of Mechanical Engineering , Bhilai Institute of Technology, Durg, Chhattisgarh , India.
Kumar,R., & Shekhar, S. (2019). Evaluation of Suppliers for the Establishment of Green Supply Chain Management in Steel Industries using AHP - TOPSIS Method. i-manager's Journal on Management, 14(1), 44-50. https://doi.org/10.26634/jmgt.14.1.15927

Abstract

Supplier selection is one of the preliminary works for the establishment of Green Supply Chain Management. It is a process which incorporates planning, implementing, and controlling the activities of an industry from the conservation of environment point of view. With the advent of Globalization, Green Supply Chain Management has drawn maximum attention whether for the procurement of raw materials or for the delivery of the finished products as it costs about fifty percent of the company's cost and if not managed properly, the competitors get an edge over others. The selection of the best supplier out of the available alternatives has a long-lasting impact on the future of the business because any wrong decision taken in terms of evaluating the criteria and the suppliers would lead to the downfall of the firm. The process of supplier selection is cumbersome and requires strong statistical methods and decision making tools, which have the capabilities to trade-off amongst various cardinal and ordinal preferences. Thus, it is looked upon as a multi criteria decision-making problem, which includes both qualitative (quality, cost, minimum order quantities) and quantitative factors (Discipline, attitude, response, etc.) and hence of strategic importance.

Review Paper

The Balanced Scorecard-An Enduring Management Key for Success

Rani Rajan* , Sindhu**
*Department of Business Management, Methodist College of Engineering and Technology, Hyderabad, Telangana, India.
**Department of Business Management, Jawaharlal Nehru Technological University Hyderabad, Telangana, India.
Rajan, R., & Sindhu. (2019). The Balanced Scorecard-An Enduring Management Key for Success. i-manager's Journal on Management, 14(1), 51-57. https://doi.org/10.26634/jmgt.14.1.15320

Abstract

To deal with the complexity in today's dynamic business environment caused by the existence of global players and continuous technology enhancements, the U.S authors Robert S. Kaplan and David Norton have innovated the Performance Management Tool-'The Balanced Scorecard' as a solution for the modern knowledge economy enterprises. The Balanced Scorecard (BSC) has evolved from a simple Performance Measurement System to an advanced level Performance Management System over the decades. It enables effective communication among all the stakeholders of an organization through Strategy Maps. The BSC also provides accurate information of the various activity levels of the organization, enabling the managers to monitor and control them effectively. The innovation hence acts as an effective and efficient tool for the policy makers to focus on various areas of the organization, which needs attention and strike a better balance between them.