Changing the Change as a Source of Value Creation not Being a Root of Employee Stress
Journal Title: JOURNAL OF COMMERCE AND TRADE - Year 2011, Vol 1, Issue 1
Abstract
Linkages amongst the components of an organisation and their constant and energetic interactions are of elemental importance to management researchers and practitioners. Throughout most sectors of the economy, a sense pervades that the party is over. While for few this appears to be true but for many the party is never over except the change of dimension. In this situation question creeps in the mind of a common man is that ‘Can we create a sustainable change’? The answer would obviously be ‘not’. One of the dangers the companies fall in this scenario and even in some turnarounds is the near panic over what it will take to keep a team focused and in their seat. Generally speaking, organisations do not change in this way but that has not been fatal to this paradigm. Instead, accepting it without challenge, people rush around trying to find new tricks for making things happen which leads to employee stress. Though all of us have read the theories of economic booms and downturn, none of us were prepared for the change i.e. economic crisis that hit the World in 2008. The question is still unanswered that whether this downturn is a part of the typical economic cycles or was it precipitated by other factors like dearth of corporate governance and compliance. Nevertheless the economic downturn is now a topic of discussion in boardrooms, classrooms, cocktails, gossip groups and even among friends getting together casually but people hardly discussed it as a change. The change which led to suicides by many who lost their jobs, many remained under stress for quite a long time and almost every employee was under stress for some time. The question arises how we can change the change so that it becomes a source of value creation instead of a cause of employee stress? To answer this all the present paper has been attempted which focuses on three key aspects.
Authors and Affiliations
Sonika Sharma
Keywords
Related Articles
- EP ID EP254429
- DOI -
- Views 79
- Downloads 0
Pradhan Mantri Jan Dhan Yojana : Financial Inclusion
The Prime Minister launched the National Mission on financial inclusion known as Pradhan Mantri Jan Dhan Yojna on August 28, 2014 is a landmark initiative to link the hitherto excluded poor with the bank and a policy to...
Prospects of TA in Sales Management
Interaction is a word that is used frequently when we talk of relationships. Why do you interact? Probably to share your feelings and thoughts. Man is a social animal. There is a basic need of every person to communicate...
Implementation of Goods and Service Tax (GST) in India and its Control over the Tax Collection
Goods and Service Tax (GST) is a destination base indirect tax collected by central as well as state government to meet the public expenditure as a part of important mechanism of fiscal system of a nation. Unlike other p...
Credit Risk in Agriculture Sector
The objective of the research paper is to study the credit deficit in agricultural sector. Credit deficit in agricultural sector means the difference between the institutional farm credit availed by the farmers and cost...
Consolidation in Banking Sector Through Mergers and Acquisition
Public sector banks hold over 75 percent of total assets of the banking industry, with the private and foreign banks holding 18.2 percent and 6.5percent respectively . Consolidation is an effective means to acquire compe...