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IIMB Management Review

Document Type

Editorial

Abstract

More than half a century after political independence, a number of basic issues await redressal and resolution. Among them is the important and humane imperative of assuring a life of dignity and comfort to senior citizens. whose number is increasing thanks to better life expectancy. This time, the Round Table deliberates on the social security needs of our people in their sunset years. A major component of such security is pensions. N M Govardhan highlights the key concerns and the regulatory needs in this field. John Mungall dwells on what insurers could do to address related issues while H O Sonig chronicles the contribution of Life Insurance Corporation of India., the virtual monopoly provider of pensions post-nationalisation in 1956. K Sriram sets out some innovative thoughts on product offerings and their pricing, while S Gopalakrishnan considers how IT could help in improving administration of pension schemes. The older generation does not live by pensions alone. though! Sheilu Sreenivasan brings out how peiple can opt how, when, and whether to age. While Nalin Thakor highlights the much neglected are of medical care. Improving the coverage and content of social as opposed to employee security and benefits is the foucs of "Towards More Effective Old Age Security". All in all, here is a fairly comprehensive look at one of the most demanding problems of the country as we move into the next millennium. Among the articles in this issue is featured an award winning paper by Kannan Venkateshwar on securitisation. Yogi Sriram draws on empirical support to demonstrate the HR function's performance and potential to create value for organisations. Reeta Mohan and Rajeev Mohan study two organisations in their quest for leadership and effectiveness. while Vijay Vancheswar and Purnima Mathur explore the several nuances of TQM in selected Indian organisations. Is performance evaluation eaiser in educational institutions than in business corporations? Can honesty survive in a politicised bureaucracy? Personal Perspectives features T N Seshan, arguably the most outspoken civil servant in recent decades, who concludes it it not only possible but also necessary for officers to have the courage of their convictions. What is it to transmigrate from a professional private sector manager to entrepreneur ot the President of the oldest stock exchange in the country? Anand Rathi of the Bombay Stock Exchange tells it all in a candid interview. The Book Reviews section, expanded to accommodate more publications in response to serveral requests from readers, concludes our offering this time around. Happy reading.

Publication Date

9-1-1999

First Page

3

Last Page

4

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