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United Nations Conference on Trade and Development

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Let us make in-depth study of the organisation, functions, principles, sessions, critical analysis and conclusion of United Nations Conference on Trade and Development. Introduction: With the growing discontent and frustrations of the developing countries, an international economic forum under the name and style-United Nations Conference on Trade and Development (UNCTAD) was established in March 1964 […]

Top 11 Recommendations of UNCTAD – Explained!

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Here we detail about the eleven important recommendations of UNCTAD. 1. Seven Broad Proposals: The following seven broad proposals were stated by Prebisch so as to reduce the trade deficit problem and also to accelerate the rate of economic growth of developing countries: (i) Adequate steps should be taken for promoting trade among developing countries […]

Top 10 Functions of International Monetary Fund (IMF)

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Some of the main functions of International Monetary Fund are as follows:  1. Exchange Stability: The first important function of IMF is to maintain exchange stability and thereby to discourage any fluctuations in the rate of exchange. The Found ensures such stability by making necessary arrangements like—enforcing declaration of par value of currency of all […]

World Bank: Objectives, Membership, Procedure and Other Details

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Let us make in-depth study of the objectives, membership, capital, organisation, lending procedure and evaluation of working of world bank. Objectives of World Bank: The following are some of the most important objectives of World Bank as incorporated in the ‘Articles of Agreement’: (i) To help in the reconstruction and development of the member countries […]

International Monetary Fund (IMF): Objectives, Organisation and Other Details

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Let us make in-depth study of the objectives, organisation, resources and critical appraisal of International Monetary Fund (IMF). Objectives of IMF: The main objectives of IMF, as noted in the Articles of Agreement, are as follows: (i) International Monetary Co-Operation: The most important objective of the Fund is to establish international monetary co-operation amongst the […]

Top 13 Characteristics of Organizational Development

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This article throws light on the thirteen major characteristics of organisational development, i.e, (1) Planned Change, (2) Encompasses the Whole Organisation, (3) Long Range Change, (4) Systems Orientation, (5) Change Agent, and Others. 1. Planned Change: Organisational development (OD) is an educational strategy for bringing about planned change. Planned change concept makes it different from […]

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Organizational Development Process: 7 Steps

Top 8 Techniques used for Organizational Development

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This article throws light on the eight major techniques used to improve organizational development, i.e, (1) Sensitivity Training, (2) Grid Training and Development, (3) Process Consultation, (4) Team Development, and Others. 1. Sensitivity Training: Sensitivity training is also known as T-groups (T for training). This technique is based on the assumption that a manager’s behaviour […]

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Major Dimensions of Organisational Culture: 5 Dimensions

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This article throws light on the five major dimensions of organisational culture, i.e, (1) Dominant Culture and Subcultures, (2) Strong Culture and Weak Culture, (3) Mechanistic and Organic Cultures, (4) Authoritarian and Participative Cultures, and (5) National Culture vs. Organisational Culture. 1. Dominant Culture and Subcultures: A dominant culture is a set of core values […]

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Teaching Organizational Culture to Employees

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1. Stories: Employees learn the organisational culture through the stories which circulate through many organisations. These stories related to the sacrifices of the founders, rags to riches successes, difficult initial years of the organisation and crisis periods in the later years and how the organisation coped with these periods. These stories anchor the present in […]

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How an Organizational Culture Starts?

Function and Dysfunctions of Organisational Culture

How to Keep the Culture Alive in your Organisation?

Organisational Culture: Meaning, Characteristics, Typology and Other Details

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Read this article to learn about meaning, characteristics, typology and changing organisational culture. Meaning of Organisational Culture: To understand the meaning of organisational culture, we must first understand the meaning of culture. “Culture is the set of important understandings that members of a community share in common.” It consists of a basic set of values, […]

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A Complete Guide to Organisational Climate

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This article provides a complete guide to organisational climate. Introduction: The concept of organisational climate was formally introduced by the human relationists in the late 1940s. Now it has become a very useful metaphor for thinking about describing the social system. Organisational climate is also referred to as the “situational determinants” or “Environmental determinants” which […]

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Business Ethics: Meaning, Sources and Importance

Steps to Develop Ethical Corporate Behaviour: 8 Steps

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This article throws light on the eight major steps to develop ethical corporate behaviour, i.e, (1) Ethical Training Programme, (2) Code of Ethics, (3) Organisational Ethics Development System, (4) Ethics Committees, (5) Integrate Ethical Concepts, (6) Checklist Method, (7) Reward Punishment System, and (8) Whistle blowing. 1. Ethics Training Programmes: Companies can resort to provide […]

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Principles for Being an Ethical HR Manager: 5 Principles

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This article throws light on the five major principles for being an ethical HR manager, i.e, (1) Professional Responsibility, (2) Professional Development, (3) Ethical Leadership, (4) Fairness and Justice, and (5) Conflicts of Interest. 1. Professional Responsibility: As a professional, the HR manager is responsible for adding value to organisation he is serving and he […]

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Difficulties Faced by HR Manager in Decision Making: 8 Difficulties

7 Ethical Issues Faced by Human Resource

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This article throws light on the seven major issues faced by human resource, i.e, (1) Employment Issues, (2) Cash and Incentive Plans, (3) Employees Discriminations, (4) Performance Appraisal, (5) Privacy, (6) Safety and Health, and (7) Restructuring and layoffs. 1. Employment Issues: HR professionals are likely to face maximum ethical dilemmas in the areas of […]

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