.............The experience of managers who have spent time with both public sector and private banks is instructive. Soumen Basu, former executive chairman for India of the global human resources consultancy Manpower Inc who has served on both sides of the fence, debunks the myth that "salary" is an issue with public-sector bank managers. What is an issue is expectations - what is expected of managers and what they expect from the organisation in return. In the private sector, there is "recognition and reward". In the public sector, there is little reward for good work and poor backup for the odd initiative gone awry. What is needed is a professional human resources setup that identifies performers and future leaders through the risk-reward process...........
The very purpose of VITALINFO is to provide a platform for wider dissemination of updated information related to and happening of events in and around RBI.
No comments:
Post a Comment