MBA People and Organization

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Human Resource Function and ongoing labour shortage of Sri Lankan construction industry

Human Resources are fundamental to all industries, including the construction industry. However, the workforce in the construction industry is extremely diverse with, skilled and unskilled workers, craftsman, managerial and administrative workers. Therefore the use of correct human resource functions in recruitment, remuneration, conditions of employment, performance management, training and development is essential for the long term survival of the construction industries (Spooner and Kaine, 2010). Generally, the performance of the construction industry is often considered as an indicator of economic development. The construction industry in Sri Lanka contributes about 9% to the GDP with around 600,000 employees. During 2018, the total annual construction turnover was about Rs. 800 billion. As per data in appendix A, the construction costs for middle-class housing clearly indicates that the unit cost of construction in Sri Lanka is the highest in the region, second only to Singa

Sri Lankan education system with the globalization and its efficiency

Globalization can be defined as a world-sweeping arrangement with the integration of economic, political and cultural systems and trends across the world for economic growth, prosperity and democratic freedom. There is a clear relationship between education and successful modernization under the context of globalization proves the theory of human capital. According to the theory, investment in education and training increases the economic productivity of the labour force (Bottery, 2006). When considering the developing countries in the context of the globalized world, improving the basic employee skills are not enough due to the impact of change in the international division of employees (Patted, 2003). Therefore, employees must be equipped with new skills and capabilities through the education process and that depends on the role of the teachers. The efficiency of education among the world is shown as Appendix A using their average national intelligence quotient (IQ). Accord

Job satisfaction of employees in Banks; evidence from Sri Lankan Banks

Devi and Nagini (2013) explained Job satisfaction as a pleasant feeling experienced by the employee when there is a fit between what he expects and what he actually derives from his job. According to the nature of human beings, identifying job satisfaction factors is very difficult due to the variation of their needs and expectations. Every organization faces difficulties in filling the gap between reality and expectation of employees while many of the employees are not satisfied with this gap, which may lead to job dissatisfaction and turnover of employees. When considering the organizational aspect, it is not good for long term success as well as the organization's reputation. (Grover and Wahee, 2013). The banking sector in Sri Lanka composed of Licensed Commercial Banks (LCBs) and Licensed Specialized banks (LSBs), dominates the financial system and accounts for the highest share of the total assets in the financial system. According to statistic, there are around 5000 emp

Employee engagement at consumer affair authority in Sri Lanka

Employee Engagement can be explained as employees’ ability to use varying degrees of their selves physically, cognitively and emotionally in work role performances (Kahn,1990). Armstong (2017) were expressed job challenge, an opportunity for development, autonomy, variety, fit between the job and organization and high customer satisfaction as factors which may influence levels of employee engagement. However, quality of the employee engagement depends on the elements such as level of overall wellbeing, meaningful of the work, leverage employee strengths, strong relationships with team members both on a personal and professional level and genuine recognized for their efforts (Hogg,2013). Consumer Affairs Authority (CAA) is a government organization in Sri Lanka and it has been established under the CAA Act No.09 of 2003. Major activities of the CAA can be mentioned as ensuring of consumer rights through regulation of trade, providing redress to consumers affected by unfair trade

A review about New forms of employment provided by Audit firms in Sri Lanka

The emergence of new forms of employment was taken place based on the Societal and economic developments, such as the need for increased flexibility by employers and workers, the greater use of advanced information and communications technology (ICT) and the greater importance of particular business activities and occupations. Generally, nine boards of new forms of employment were identified such as employee sharing, job sharing, interim management..etc and their implication on working condition and labour market showed in appendix A (Mandl & Biletta 2018). Under the interim management, experts are hired temporarily to conduct a specific project or solve a specific problem, integrating external management capacities within the organization (Mandl 2015) and generally that was provided by audit firms. When providing interim management services, interim managers usually supervise permanent staff effectively under new organizational culture and it will create potential psychosoc

Productivity improvement in Milco (Pvt) Ltd using Kaizen concept

Kaizen concept is a “continuous improvement” process which is attending with all participants of the company with the process and that support to the Toyota Production System (TPS) as a philosophy (Imai 2012). Furthermore, that concept is based on a series of questions and initiatives that encourage the identification, analysis and solution of problems, called the Scientific Thinking Mechanism (STM) (Shingo 2010) and it can be used for any type of company. Milco (Pvt) Ltd has achieved significant productivity and quality improvement using kaizen concept (Sunday Observer 18 March 2018,p.18 ). This institution was established in 1956 under the purview of the Ministry of Agriculture and now it has four milk factory located at Colombo, Ambewela, Digana and Polonnaruwa. This industry has been steadily gaining with the national goal of milk self-sufficiency by 2020. Over the year 2015, raw milk collection was increased from 61.4 million litres to 64.5 million litres while increasing