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The Effect of Value Congruence on Customer Focus in the Private Life Insurance Sector : A Study of Haryana State in India


Affiliations
1 Research Scholar, Mittal School of Business, Lovely Professional University, Jalandhar - Delhi G.T. Road, National Highway 1, Phagwara - 144 411, Punjab, India
2 Associate Professor, Mittal School of Business, Lovely Professional University, Jalandhar - Delhi G.T. Road, National Highway 1, Phagwara - 144 411, Punjab, India
     

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It is very important for organizational values to match with employees' values, which is termed as value congruence. Equally important is customer focus, which is an organizational stance in which all aspects of a company's production and delivery of goods or services are directed by the best interests of the customers. This study examined the effect of value congruence on customer focus in the private life insurance sector in Haryana. Data were collected on the level of sync organizational and employees' values through two different questionnaires from 200 middle and lower level management employees of seven private life insurance companies. The study showed that value congruence was significantly related to customer focus through job satisfaction, employees' sense of belonging, organizational commitment, and employee loyalty.

Keywords

Value Congruence, Employee Sense Of Belonging, Job Satisfaction, And Private Life Insurance Companies

D23, M0, M10, M14

Paper Submission Date : October 25, 2017 ; Paper sent back for Revision : April 25, 2018 ; Paper Acceptance Date : July 25, 2018.

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  • The Effect of Value Congruence on Customer Focus in the Private Life Insurance Sector : A Study of Haryana State in India

Abstract Views: 224  |  PDF Views: 0

Authors

Anoop Singh
Research Scholar, Mittal School of Business, Lovely Professional University, Jalandhar - Delhi G.T. Road, National Highway 1, Phagwara - 144 411, Punjab, India
Pardeep Bawa
Associate Professor, Mittal School of Business, Lovely Professional University, Jalandhar - Delhi G.T. Road, National Highway 1, Phagwara - 144 411, Punjab, India

Abstract


It is very important for organizational values to match with employees' values, which is termed as value congruence. Equally important is customer focus, which is an organizational stance in which all aspects of a company's production and delivery of goods or services are directed by the best interests of the customers. This study examined the effect of value congruence on customer focus in the private life insurance sector in Haryana. Data were collected on the level of sync organizational and employees' values through two different questionnaires from 200 middle and lower level management employees of seven private life insurance companies. The study showed that value congruence was significantly related to customer focus through job satisfaction, employees' sense of belonging, organizational commitment, and employee loyalty.

Keywords


Value Congruence, Employee Sense Of Belonging, Job Satisfaction, And Private Life Insurance Companies

D23, M0, M10, M14

Paper Submission Date : October 25, 2017 ; Paper sent back for Revision : April 25, 2018 ; Paper Acceptance Date : July 25, 2018.




DOI: https://doi.org/10.17010/pijom%2F2018%2Fv11i8%2F130643