ICTACT Journal on Management Studies

Open Access Open Access  Restricted Access Subscription Access
Open Access Open Access Open Access  Restricted Access Restricted Access Subscription Access

The Effect of Psycological Empowerment and Commitment of Bank Employees-An Empirical Study of SBI and ICICI Banks


Affiliations
1 Department of Master of Business Administration, Pace Institute of Technology and Sciences, India
     

   Subscribe/Renew Journal


The Employee Empowerment and commitment in banking sector has become a Buzzword in the recent management trends in both the public and private sector. Employee Empowerment has received wide recognition because it is a fundamental element of managerial and organizational effectiveness that increases when power and control are shared in an Organization. The astonishing development of the banking and financial services across the world has led to consider as one of the imperative contributor of the world gross domestic production. Unlike the developing nations, lots of people are employed in the banking Industry of developed countries. Today managing talent in the banking sector is the most crucial Human Resource Challenge all over the world, and it becomes as the main agenda of top management in every aspect in the predictable future. The ability to achieve competitive advantage through people strategy requires an overall HR approach. In the last two decades with rising Indian’s economy, a significant progress has taken place in Indian Banking sector. In spite of development and opportunities in this sector, it also faces various HR issues which admit key challenge for the Industry in India.

Keywords

Gross Domestic Production, Competitive Advantage, Human Resource.
Subscription Login to verify subscription
User
Notifications
Font Size

  • R.T.L.M. Mowday and R.K. Steers, “Employee Organizational Linkages: The Psychology of Commencement, Absenteeism, and Turnover, Occupational Psychology”, Academic Press, 1982.

  • J. Meyer and N. Allen, “Commitment in the Work Place: Theory, Research and Application”, Sage Publications, 1997.

  • Stephen P. Robbins and Seema Sanghi, “Organizational Behavior”, Prentice Hall, 2008.

  • Fikri Pala, Semih Eker and Melek Eker, “The Effects of Demographic Characteristics on Organizational Commitment and Job Satisfaction: An Empirical Study on Turkish Health Care Staff”, The Journal of Industrial Relations and Human Resources, Vol. 10, No. 2, pp. 54-75, 2008.

  • H.M. Addae, K.P. Parboteeah and N. Velinor, “Role Stressor and Organizational Commitment: Public Sector Employment in St Lucia”, International Journal of Manpower, Vol. 29, No. 6, pp. 567-582, 2008.

  • R. Balay and C. Ipek, “Perception of Organizational Culture and Organizational Commitment in Turkish Primary Schools”, Journal of World of Turks, Vol. 2, No. 1, pp. 363-384, 2010.

  • I.A. Shah, Z. Fakhr, M.S. Ahmad and K. Zaman, “Measuring Push, Pull and Personal Factors Affecting Turnover Intention: A Case of University Teachers in Pakistan”, Master Thesis, Faculty of Economics and Business Administration, Alexandru Ioan Cuza University, 2010.

  • E.A. Locke and D.M. Schweiger, “Participation in Decision Making: One More Look”, Research in Organizational Behavior, Vol. 1, pp. 265-339, 1979.

  • K.W. Thomas and B.A. Velthouse, “Cognitive Elements of Empowerment”, Academy of Management Review, Vol. 1, No. 15, pp. 666-681, 1990.

  • E.L. Deci, J.P. Connell and R.M. Ryan, “Self-Determination in a Work Organization”, Journal of Applied Psychology, Vol. 7, No. 1, pp. 580-590, 1989.

  • B.E. Ashforth, “The Experience of Powerlessness in Organization”, Organizational Behavior and Human Decision Process, Vol. 43, No. 2, pp. 207-242,1989.

  • R.T. Mowday, R.M. Steers and L.W. Porter, “The Measurement of Organizational Commitment”, Journal of Vocational Behavior, Vol. 14, No. 2, pp. 223-247, 1979.

  • J.P. Meyer and C.A. Allen, “A Three Component Conceptualization of Organizational Commitment”, Human Resource Management Review, Vol. 1, No. 1, pp. 61-98, 1991.

  • A.P. Brief and W.R. Nord, “Meaning of Occupational Work”, Lexington Books Publisher, 1990.

  • D.K. Carson, P.P. Carson, C.W. Roe and J.B. Birkenmeier, “Four Commitment Profiles and Their Relationships to Empowerment, Service Recovery and Work Attitudes”, Public Personnel Management, Vol. 28, No. 1, pp. 1-13, 1999.

  • O. Janssen, “The Barrier Effect of Conflict with Superiors in the Relationship between Employee Empowerment and Organizational Commitment”, Work and Stress, Vol. 18, No. 1, pp. 56-65, 2004.

  • A. Kahalel and C.A. Gaither, “Effects of Empowerment on Pharmacists Organizational Behaviors”, Journal of the American Pharmacists Association, Vol. 45, No. 6, pp. 700-709. 2005,

  • A.S. King and B.J. Ehrhard, “Empowering the Workplace: A Commitment Cohesion Exercise”, Career Development International, Vol. 1, No. 7, pp. 5-11, 1997.

  • M.L. Kraimer, S.E. Seibert and R.C. Linden, “Psychological Empowerment as a Multi-Dimensional Construct: A Test of Constructive Validity”, Educational and Psychological Measurement, Vol. 59, No. 1, pp. 127-142, 1999.

  • K. McDermott, H.K.S. Laschinger and J. Shamian, “Work Empowerment and Organizational Commitment”, Journal of Nursing Management, Vol. 27, No. 5, pp. 44-47, 1996.

  • A. Suliman, “Is it Really a Mediating Construct? The Mediating Role of Organizational Commitment in Work Climate Performance Relationship”, The Journal of Management Development, Vol. 21, No. 3-4, pp. 170-183, 2002.


Abstract Views: 222

PDF Views: 0




  • The Effect of Psycological Empowerment and Commitment of Bank Employees-An Empirical Study of SBI and ICICI Banks

Abstract Views: 222  |  PDF Views: 0

Authors

V. Venkateswara Rao
Department of Master of Business Administration, Pace Institute of Technology and Sciences, India
D. Pushpa Sri
Department of Master of Business Administration, Pace Institute of Technology and Sciences, India

Abstract


The Employee Empowerment and commitment in banking sector has become a Buzzword in the recent management trends in both the public and private sector. Employee Empowerment has received wide recognition because it is a fundamental element of managerial and organizational effectiveness that increases when power and control are shared in an Organization. The astonishing development of the banking and financial services across the world has led to consider as one of the imperative contributor of the world gross domestic production. Unlike the developing nations, lots of people are employed in the banking Industry of developed countries. Today managing talent in the banking sector is the most crucial Human Resource Challenge all over the world, and it becomes as the main agenda of top management in every aspect in the predictable future. The ability to achieve competitive advantage through people strategy requires an overall HR approach. In the last two decades with rising Indian’s economy, a significant progress has taken place in Indian Banking sector. In spite of development and opportunities in this sector, it also faces various HR issues which admit key challenge for the Industry in India.

Keywords


Gross Domestic Production, Competitive Advantage, Human Resource.

References