Management's new challenge is to create a work environment that attracts keeps and motivates its workforce. Businesses must step outside their traditional roles and comfort zones to look at new ways of working. They have to create a work environment where people enjoy what they do, feel like they have a purpose, have pride in what they do and can reach their potential as today's workplace is different, diverse and constantly changing.
The purpose of this study is to find out the impact of the HRD culture on Managerial Effectiveness and also to assess the employee's capabilities in adopting the changing market forces and dynamic environment. For this purpose 60 respondents of banking sector including private and nationalized banks were contacted and studied through step wise regression analysis.
The findings of the study show that HRD culture is very vital in terms of increasing managerial effectiveness. Competent managers motivate the employees and increase their performance substantially.
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