DME Journal of Management

The “Personal Leadership: Insights from the Bhagavad-Gita”

Richa Jain — 2023-12-25

The Bhagavad-Gita, an ancient Hindu scripture, encapsulates profound wisdom on personal leadership, decision-making, and navigating life’s challenges. This white paper delves into its teachings, emphasizing the essence of mindful decision-making, the metaphor of the universe as a university, and practical applications for leaders seeking personal and professional growth.

The The Red Queen Effect and How to Evade the Red Queen Effect by using Generative AI: Preparing Companies for Industry 5.0

Saurav Kumar — 2023-12-25

The red queen effect is a metaphor used in the business world to describe the unsuccessful efforts of a company to get ahead of its competition. The red queen effect is the need to continually adapt and evolve to maintain relevance in an ever-changing environment. Companies must constantly innovate and find new ways to stay ahead of the competition to ensure their survival and success. Companies typically research or study the competition and then implement strategies to help boost their company sales and profits. This is an effective and practical method of outmaneuvering the competition. While this technique works in theory, companies might not achieve their goals because the competition engages in the same business practice. Despite a company’s efforts to surpass the competition, the company does not move forward or grow. The aims of a research paper are bifold firstly, it attempts to identify the contributions of the RQE theory and secondly, to enable corporates to evade the Red Queen Effect by using generative artificial intelligence to be prepared for Industry 5.0.

Addressing Human Resource Challenges in the Logistics and Supply Chain Management Industry: Impediments on the Path to Achieving Sustainability

Vivek Dabral — 2023-12-25

Purpose: This study aims to understand how nations are adapting their logistics frameworks to enhance efficiency amid globalization and what challenges are faced by them.
Methodology: A comprehensive search utilizing electronic databases like Scopus and Google Scholar, employed keywords (National Logistic Policy, HR Challenges, SCM & Talent Management). The search was confined to studies published from 2001 to 2023.
Findings: Globalization drives nations to formulate logistics policies, as seen in India’s initiative to boost competitiveness and sustainability. However, a key finding underscores the oversight of human and behavioral aspects in policy implementation. Logistics sector is marked with Talent Shortage on account of talent attraction and high attrition.
Limitations: While comprehensive, this study’s scope is limited to only Scopus and google scholar.
Practical Implications: Policymakers and practitioners can leverage insights to address both hard and soft wiring components, ensuring the resilience of logistics systems in a globalized context.
Originality/Value: This research enriches the existing body of knowledge by addressing the often-overlooked human aspect in logistics system development, providing practical insights for global frameworks.

Challenges Faced by Women to Maintain Worklife Balance During COVID Pandemic while Working from Home

Shikha Bhargava — 2023-12-25

The growing concern over work-family issues has become particularly pronounced due to the challenging circumstances brought about by the COVID-19 pandemic. The pandemic has forced people to balance work and personal lives as they adapt to stay-at-home measures and remote work arrangements. This study seeks to explore the factors that impact women’s work-life balance during the lockdown imposed by the pandemic. The objective is to identify the professional and personal challenges and factors that facilitate work-life balance for working women in South India. The study involved surveying 100 women employed in the education sector.
To enhance work-life balance and overall efficiency and productivity, organizations are encouraged to reconsider their policies, benefits programs, work distribution, and internal job arrangements, making remote working a more employee-friendly experience. In summary, this study sheds light on the critical factors influencing work-life balance for women during the COVID-19 lockdown, offering valuable insights for organizations aiming to adapt and improve their work arrangements to meet the changing needs of their female workforce.

A Study on Role of Women Entrepreneurs in G20 Countries

Saurav Kumar — 2023-12-25

Past to five decades earlier, the very perception of a women entrepreneur managing her own business firm could have appeared ambitious at the highest points. Women entrepreneurship evolved in spite of problems surrounding it such as discrimination, gender inequalities and many more regressive social norms [2]. A lot of women’s have started their own businesses in order to break free from social constraints. Women proved themselves to be strong innovators. Expressly in some of the economically developing nations, the opportunities offered by women entrepreneurs help grow markets and also increase the employment prospects. But despite progress, the topic is of vital significance because of the challenges which stand still and should be treated as global phenomenon. “There are merely about 10 countries across the globe where entrepreneurship is equal in terms of gender equality [2].” The current global trend founds women owned businesses to be more concentrated in small and medium enterprises with a ratio of overall low-profitability or low-growth sectors. Women’s are found to stick or limit themselves to a range of business choices such as fashion retail, beauty cosmetics and food services [1] & [2]. “In continents of Africa and Asia, approximately 75 percent of women are in these consumer-oriented sectors. They are seldom into mining, construction, electronics and big data technologies” Caren Grown, senior director for gender at the World Bank, advocated [1]. The study highlights current participation of women entrepreneurs in the markets of G20 countries.