A study on role of leadership in Recognition and retention management With special reference to it industry in Karnataka region

Abstract

The meaning of the word Leadership is changing over time and newlineso is the role of the leader In today s global market where economic fortunes newlineshift quickly a business can survive only if its leadership is effective and newlineinnovative The effectiveness of the leadership depends upon the role of the newlineleader and whether or not they ensure that their employees meet company newlineobjectives and standards Unlike traditional industries IT industry which is a newlinepart of the new economy employ highly knowledgeable personnel better newlineknown as knowledge workers and gold collared workers who are young newlineambitious mobile and have varied expectations Knowledge workers are newlineimportant assets of companies because knowledge is a source of profit skill newlineand sustainable competitive advantage So retaining these knowledge newlineworkers is the means for a sustainable competitive advantage for companies newlinein today s fast changing environment newlineHence the role of a leadership has assumed relevance as it can newlinepositively impact role clarity psychological empowerment and engagement newlinewith the final outcome being the retention of talent The research was thus newlinecarried out to study the role of leadership in recognition and retention newlinemanagement of IT employees with special reference to Karnataka region The meaning of the word Leadership is changing over time and newlineso is the role of the leader In today s global market where economic fortunes newlineshift quickly a business can survive only if its leadership is effective and newlineinnovative The effectiveness of the leadership depends upon the role of the newlineleader and whether or not they ensure that their employees meet company newlineobjectives and standards Unlike traditional industries IT industry which is a newlinepart of the new economy employ highly knowledgeable personnel better newlineknown as knowledge workers and gold collared workers who are young newlineambitious mobile and have varied expectations Knowledge workers are newlineimportant assets of companies because knowledge is a source of profit skill newlineand sustainable comp