Professional Documents
Culture Documents
SUBMITTED
SUBMITTED BY:
SEJAL MOTILAL JAIN
ROLL NO: 81
2016-2018
DECLARATION
__________________________
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A STUDY ON ORGANIZATIONAL BEHAVIOUR OF BANK
Guide's Signature:
Date:
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A STUDY ON ORGANIZATIONAL BEHAVIOUR OF BANK
ACKNOWLEDGMENT
I would like to acknowledge all the people who have been of the help and assisted me
throughout my internship.
I wish to express my thanks to the Director, PROF. Satish modh for his patronage,
encouraging and providing me with the necessary assistance in accomplishing the
project.
I convey my sincere thanks to all the teaching and non-teaching staff of the business
school for their support and co-operation.
Finally, I thank my parents and colleagues who have helped me in the completion of
the Interim project.
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A STUDY ON ORGANIZATIONAL BEHAVIOUR OF BANK
TABLE OF CONTENT
CHAPTER PAGE
NO. CHAPTER NAME NO.
1. Executive Summary 06
3. Literature Review 08
4. Research Methodology 15
6. Company Profile 22
8. Suggestion 33
9. Conclusion 34
10. Biblography 36
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A STUDY ON ORGANIZATIONAL BEHAVIOUR OF BANK
EXECUTIVE SUMMARY
Whenever people interact with organizations many factors come into play. Trendy
organisational studies conceive to perceive and model these factors. Like all modernist
social science, an organisational study seeks to manage, predict, and make a case for.
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A STUDY ON ORGANIZATIONAL BEHAVIOUR OF BANK
The objective of the study is the purpose for which the study is conducted and it is
undertaken. The objective decides the procedure and the path which will be taken for
the study. The objective is the base on which the foundation of the study is built. The
objective should be decided with utmost concentration and due consideration. The
objective is:
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A STUDY ON ORGANIZATIONAL BEHAVIOUR OF BANK
LITERATURE REVIEW
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A STUDY ON ORGANIZATIONAL BEHAVIOUR OF BANK
The journey to completion was a learning experience of a new model and a practical
scenario of project financing. The project was shaped with primary and secondary data.
The primary data comprises of information from filling questionnaire and secondary
data comprises of information from various Internet websites and books in the library
and some assistance from the guide and lecturers. Newspapers were also an important
source of information to help through the entire project newspaper like Economic times,
Business Standards etc.
Abstract:
Organizational behavior is defined and its micro and macro subdivisions described.
Leavitt's model for organizational change (task, technology, structure, and people) is
employed to extract meanings from the organizational behavior literature. A diagnostic
approach is suggested for applying organizational behavior to the practice of higher
educational administration.
The Greek philosopher Plato wrote about the essence of leadership.Aristotle addressed
the topic of persuasive communication. The writings of 16th century Italian
philosopher Niccolò Machiavellilaid the foundation for contemporary work on
organizational power and politics. In 1776, Adam Smithadvocated a new form of
organizational structure based on the division of labour. One hundred years later,
German sociologist Max Weber wrote about rational organizations and initiated
discussion of charismatic leadership. Soon after,
Frederick Winslow Taylor introduced the systematic use of goal setting
and rewards to motivate employees. In the 1920s, Australian-born Harvard
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A STUDY ON ORGANIZATIONAL BEHAVIOUR OF BANK
After the First World War, the focus of organizational studies shifted to analysis
of how human factors and psychology affected organizations, a transformation propell
ed by the identification of the Hawthorne Effect. This Human Relations Movement
focused on teams, motivation, and the actualization of the goals
of individuals within organizations. Prominent early scholars included
Chester Barnard, Henri Fayol, Mary Parker Follett, Frederick Herzberg, Abraham
Maslow, David McClelland, and Victor Vroom.
Taylor was the first person who attempted to study human behavior at work using a
systematic approach. Taylor studied human characteristics, social environment,
capacity, speed, durability, cost and their interaction with each other. His overall
objective was to reduce and/or remove human variability. Taylor worked to achieve his
goal of making work behaviors stable and predictable so that maximum output could
be achieved. He relied strongly upon monetary incentive systems, believing that
humans are primarily motivated by money. He faced some strong criticism, including
being accused of telling managers to treat workers as machines without minds, but his
work was very productive and laid many foundation principles for the modern
management study.
Elton Mayo:
Elton Mayo, an Australian national, headed the Hawthorne studies at Harvard. In his
classic writing in 1931, Human problems of an Industrial Civilisation, he advised
managers to deal with the emotional needs of employees at work.
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A STUDY ON ORGANIZATIONAL BEHAVIOUR OF BANK
Mary Parker Follett was a pioneer management consultant in the industrial world. As a
writer, she provided analyses for workers as having complex combinations of attitude,
beliefs, and needs. She told managers to motivate employees on their job performance,
a “pull” rather than a “push” strategy.
Douglas McGregor:
Douglas McGrgor proposed two theories/assumptions, which are very nearly the
opposite of each other, about human nature based on his experience as a management
consultant. His first theory was “Theory X”, which is pessimistic and negative; and
according to McGregor it is how managers traditionally perceive their workers. Then,
in order to help managers replace that theory/assumption, he gave “Theory Y” which
takes a more modern and positive approach. He believed that managers could achieve
more if managers start perceiving their employees as self-energized, committed,
responsible and creative beings. By means of his Theory Y, he in fact challenged the
traditional theorists to adopt a developmental approach to their employees. He also
wrote a book The Human Side of Enterprise in 1960; this book has become a foundation
for the modern view of employees at work.
Robbins, Odendaal and Roodt (2003:7) define a field of study as a distinct area of
expertise with a common body of knowledge. OB as an independent field of study seeks
to increase the knowledge of all aspects of behaviour in organizational settings through
the use of scientific method. Scientific orientation is a hallmark of OB and the scientific
foundations of OB can be found in its interdisciplinary body of knowledge, use of
scientific methods and focus on application and contingency thinking.
Rajeshwari (1992) in a study of bank employees found that level of stress of employees
was independent of the position occupied and sex. The study revealed negative
relationship between stress and work experience, stress and income, stress and age and
family members. The structural rigidity, poor physical working conditions and extra
organizational factors to be potent stressors, inducing stress in employees.
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A STUDY ON ORGANIZATIONAL BEHAVIOUR OF BANK
Kim Cameron (1986), in a study entitled organizational effectiveness and its predictors
found that managerial multifaceted strategies are strongly associated with improving
effectiveness. Managerial strategies were found to be more important than the structure
demographics, fiancé, and other factors. Further, it was found that proactive strategies
with an external emphasis are more successful than internal and reactive strategies.
Malik, et. al. (2011) during a study on impact of employee’s performance and
employee’s motivation toward organizational effectiveness found that employee
performance has a positive relation with organizational effectiveness and employee
motivation has also positive relation with organizational effectiveness.
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K.P. Pushparaj (2006) [49] commented that the banking scenario in India , visa-vis
Kerala is fast changing due to technology contributing a sea change in the banking
process. Now flow of information becomes faster and accurate. More banks have opted
for CORE banking solutions. Internet had opened enormous potential for increasing
customer base and delivery channels. Financial integration has opened a mere
competitive environment for all participants in the financial sector.
M. Narasimham (2005) [39] asserted that as a market driven and competitive system is
in place much remains to be done to further the objectives of competitive efficiency
and systematic stability in the banking sector. The process of reforms is a continuing
one. So further changes are required in policy frame work, internal procedures and
structural aspects of the system consolidation - mergers and acquisitions - among banks
is a necessity to move towards universal banking and financial supermarkets providing
a range of services such as insurance and pension.
Dileep Kumar M(2006) [16] in his research work ‘A study on job stress of Nationalised
Bank employees and Non - Nationalised Bank employees’ found that
(a) there is significant difference in the level of occupational stress between nationalised
and non - nationalised bank employees
(b) Occupational stress is found higher among non - nationalised bank employees
compared to nationalised bank employees
(c) Among different occupational stress variables , Role overload , Role authority , Role
conflict and Lack of senior level support contribute more to the occupational stress
among non - nationalised bank employees compared to nationalised bank
employees.
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RESEARCH METHODOLOGY
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Primary data:
The data source can be primary or secondary. The primary data are those for data which
are used for the first time in the study. However, such data take place much time and
are also expensive.Gathering information and inputs to frame the necessary questions
for the survey. Gathering data using the survey method, by getting the sample
employees fill the survey questionnaire. Analysing and interpreting the primary data
collected from the survey responses.
Secondary data:
The secondary data is collected through articles, annual reports and from the websites
of the respective banks. These data, are easy to search and are not expensive too.
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The field of organizational behavior (OB) draws from the behavioral science disciplines
of psychological science, social psychology, and cultural anthropology. The areas on
which OB focuses are individuals who will often be working among teams,that
themselves work among organizations. OB is as much a practical set of tools as an area
of theoretical interest.
Organizational Behavior may be a field of study that investigates the impact that
peoples, teams and structure have on behavior among organizations. It is the study and
application of information about however people act among organizations. It is an
individual’s tool for human benefit. It applies broadly to the behavior of people in all
types of organizations, like business, government, schools and services organizations.
It covers 3 determinants of behavior in organizations: peoples, groups, and structure.
OB is an applied field. It applies the knowledge gained about people, and therefore
result of structure on behavior, so as to form organizations work additional effectively.
OB covers the core topics of motivation, leadership behavior and power, social
communication, cluster structure and method, learning, attitude development and
perception, change method, conflict, job design and work stress.
DEFINITIONS:
According to author LM Prasad The study and application of knowledge about human
behavior related to other elements of an organization such as structure, technology and
social systems
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A STUDY ON ORGANIZATIONAL BEHAVIOUR OF BANK
ORGANIZATIONAL CULTURE
Innovative organizations would like people who are prepared to challenge the status
quo—be it cluster thinks or paperwrok, and also conjointly would like procedures to
implement new concepts effectively.
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ORGANIZATIONAL EFFECTIVENESS
For instance, a non-profit organization which supplies meals to house bound people
may collect statistics such as the number of meals cooked and served, the number
of volunteers delivering meals, the turnover and retention rates of volunteers, the
demographics of the people served, the turnover and retention of consumers, the
number of requests for meals turned down due to lack of capacity(amount of food,
capacity of meal preparation facilities, and number of delivery volunteers), and
amount of
wastage. Since the organization has as its goal the preparation of meals and also the
delivery of these meals toaccommodate sure individuals, it
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EMPLOYEE ENGAGEMENT
Regular feedback and dialogue with superiors. "Feedback is the key to giving
employees a sense of where they’re going, but many organizations are
remarkably bad at giving it. "'What I really wanted to hear was 'Thanks. You did
a good job.' But all my boss has been hand me a che
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COMPANY PROFILE
ICICI BANK
ICICI Bank is one of the Big Four banks of India, along with State Bank of India, Bank
of Baroda and Punjab National Bank. The bank has subsidiaries in the United Kingdom
and Canada; branches in the United States, Singapore, Bahrain, Hong Kong, Sri Lanka,
Qatar, Oman, Dubai International Finance Centre, China and South Africa; and
representative offices in United Arab Emirates, Bangladesh, Malaysia and Indonesia.
The company's UK subsidiary has also established branches in Belgium and Germany.
ICICI Bank is India's largest private sector bank with total consolidated assets of Rs.
9,860.43 billion (US$ 152.0 billion) at March 31, 2017 and profit after tax of Rs. 98.01
billion (US$ 1.5 billion) for the year ended March 31, 2017. ICICI Bank currently has
a network of 4,850 Branches and 14,164 ATM's across India.
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One of India's biggest financial institution is always in thelimelight. The growth of the
ICICI over the years has proved repeatedly the ability of theinstitution in adopting
new technologies and products. It isthrough its ability to nourish new products and
services that the institution has become ahousehold name in a very short span of time.
This time again the FI is in the news in a big way. Previously, the institution has been
in the limelight for controlling the market turbulence or expansion into new markets.
However,the reason this time is totally different from the earlier ones.
After a constant expansion of the number of subsidiaries in thelast five years, the
leading financial institution has announced its plans of restructuring. Things are moving
fast at the Bandra-Kurla complex of ICICI. Also, after substantially diluting its stake in
the ICICI Bank, the group is also planning for a reverse merger.
EXPONENTIAL GROWTH
The Industrial Credit and Investment Corporation of Indialimited founded way back in
1955, has witnessed more than it could have dreamed of at the time of its inception.
However, following the economic liberalization of Indian economy, it has renamed
itself as ICICI. The principal objective behind setting up this organization at that time
was to makeavailable long-term capital for industrial development and investment in
India. Gopalan Ramachandran, Chief executive, Business Economics and Risk
Management says, "Consideringthe fact that it was established at a time when India had
astock market but not a reliable capital market to supply long-term debt and equity, the
growth of ICICI is wonderful."
The major reason for the exponential growth of ICICI is due toits willingness to adapt
itself to changes. It is the first one tostart Internet banking. Also it has been the first
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ever institution to start a web based securities trading through its subsidiary ICICI Web
Trade Ltd. Says Gopalan
It is no doubt that ICICI has now become India's best-managed financial institution
catering to the needs of different customers. The key to success has been the constant
endeavor to implement new technologies and products. According to AnuragKhanna,
Founder and CEO of Bank net India.com, "The company is making constant efforts to
exploit first mover advantage in the technology-related businesses."
The principal achievements of ICICI according to Gopalan Ramachandran,are, "It has
been able to reduce drastically the percentage of problem loans and the surge in the
size of its balance sheet. Also, it has rapidly as similated the technology and
had developed institutional and managerial process aimed at managing risk." The result
is the rapid increase in the shareholder value compared to others in the industry.
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1. Does your work group plan together and coordinate its efforts?
10% 10%
Indifferent
Agree
Strongly Agree
80%
INTERPRETATION
From the above findings of the question, the inference that can be drawn is that
most of the employees think or consider that there is planning and coordination
among the various workgroup of the organization. 80% of the total sample agree
that there are planning and coordination among the various workgroups in an
organization.
2. Does your work group make good decisions and solve problems well?
10%
30% Indifferent
Agree
Strongly Agree
60%
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A STUDY ON ORGANIZATIONAL BEHAVIOUR OF BANK
INTERPRETATION
The inference drawn is that a majority of the employees feels that their workgroup
makes good decisions and solves problems well. But there is no one who is against
this statement.
3. Does your work group feel responsible for meeting its objectives successfully?
60%
INTERPRETATION
The inference that can be drawn is that the workgroup does not feel responsible
about achieving its objectives successfully, but there is also a combined chunk of
employees(40%), who think that the workgroups do feel responsible to meet the
objective ssuccessfully.
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4. Are you satisfied with your chance for getting ahead in the organization in the
future?
10%
30% Disagree
Indifferent
Agree
60%
INTERPRETATION
The Majority of the employees are indifferent towards their chance of getting ahead
in the organization.
30% Agree
Strongly Agree
70%
INTERPRETATION
All the employees are satisfied with their jobs. There is no employee who is
dissatisfied.
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A STUDY ON ORGANIZATIONAL BEHAVIOUR OF BANK
10%
20%
Indifferent
Agree
Strongly Agree
70%
INTERPRETATION
A majority of the employees (90%), are satisfied with the organization. Only10%
are in different and there is no one who is dissatisfied.
7. Are you satisfied with your chance of getting ahead in the organization in the
future?
10%
Disagree
30%
Indifferent
Agree
60%
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INTERPRETATION
Majority of the employees are indifferent towards their chance of getting ahead in
the organization.
8. The team only carries out tasks given to it; it cannot decide its own priorities.
10% Disagree
30% Indifferent
20% Agree
Strongly Agree
40%
The answer to this question is varied and most of the employees are either
indifferent or they disagree with it. But this shows that the team, carries out the
tasks assigned to it, but along with it, they can decide on priorities for themselves
only to a certain extent.
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9. No one cares to assess the true achievement of the goals of the team.
10% 10%
Disagree
INTERPRETATION
From the above data it can be inferred that there is an assessment of the group’s
achievements and there is care taken to recognize the efforts of the groups.
10. At work, do you have the opportunity to do what you do best every day?
50%
INTERPRETATION
Not very much employee feels that they get the opportunity to deliver their best
(20%), the majority of the population feels that they get enough opportunity, but
still a bunch of people doesn’t feel like that.
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A STUDY ON ORGANIZATIONAL BEHAVIOUR OF BANK
11. During the last year, have you had opportunities at work to learn and grow?
Somewhat
30%
INTERPRETATION
About 30% people agree that they get enough opportunities to learn and grow, while
30% say, yes, they get it, while rest feels that opportunities were there but were not
enough.
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SUGGESTIONS
Although we see that majority of the employees feel that the organisation has an
effective culture and therefore the employees, even appreciate their teamwork, but
if we analyze the questionnaires deeply we see that some of the employees are still
not satisfied with their organisation. Thus, in order to improve the present situation,
the organisation needs to fulfill all the employees aspirations. This the firm will do
in many several ways:
RECOMMENDATION
Reasonable workload.
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CONCLUSION
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We see that just about all the employees of the firm feel that there is emplyoee
engagement, organisation effectiveness and organisation culture. This means that
the employees feel that they have a shared set of values, beliefs and thought. Apart
from this we seven see that the employees feel that there is a good team spirit among
themselves.
In ICICI Bank, culture plays a significant role. The firm already has a good
organisation culture, according to the survey done by us. Organisation culture is
that the unifying and shared patterns of thoughts, freely value and action that serve
to bind along organisational members and distinguish them from non-members.
Thus we see that in ICICI, the organisation takes care of most the employees.
ICICI Bank under the leadership of Mr. K.V. Kamath brought some dynamic
changes in their organization from man management to bringing new innovation
to their organization, which helps ICIC I Bank to serve its customer in a better way
and thus helps in expanding its business. Organizational development has taken
place in ICICI Bank at a rapid pace which gave the bank an extra edge over
any other private bank and soon it becomes the India’s largest private banks.
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BIBLIOGRAPHY
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BOOKS:-
JOURNALS:-
WEBSITES:-
www.icicibank.com
www.google.com
www.wikipedia.com
www.organisationalbehaviour.com
www.jstor.org/stable/1981151
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