Organisational Performance, Reasons Behind Faculty Attrition, Retention Strategies and Improving Organisational Performance - A study w.r.t. Private B-Schools at Bengaluru

Abstract

Purpose: The impact of Organisational performance by B-schools in Bengaluru through faculty quality and retention, demanding better strategies against high attribution, industry-academic connect, needing strong boards for relevant curriculum and placements, infrastructure tech facilities, strong branding and culture and original culture. The main purpose of this paper is to explore whether the demographics impact the study. Further, the study also conducted to know the causes of attrition of faculty members, retention strategies and improving organisational performance. In this 21st century, society has undergone unprecedented changes and people are becoming aware of new competitive environment from the demand of compulsory education to qualitative education. Institutional performance is very much impacted by the faculty and hence suitable strategies has to be designed so that they may stay comfortably. In Bengaluru Urban parents feel that educational institutions in private sector should provide better education through qualified and better faculty.

Design of the study : A well drafted structured questionnaire form was used for the purpose of data collection. It was planned to collect data from 100 respondents. Chi-square, contingency co-efficient Excel-16 to find ANOVA, weighted arithmetic mean and Kendall's co-efficient of concordance qualitative techniques were performed. The respondents belongs to Urban Bengaluru.

Findings of the study : The study found that all  demographics of respondents are significantly varying with high degree of relationship. Further, the study explored the causes for attraction, the first one being lack of training and development programmes FDP and career development programme, the second major cause of attribution being each dissatisfaction with the present study and dissatisfaction with work due to workload and irregular working hours and the third major cause is about improper work environment. The factors impacting retention strategies include maintain good relation between workload and salary, transparent performance appraisal system and encouraging faculty to attend faculty improvement programme. Factors like better industry and student interface, developing soft skills and are active thinking are the suggestion offered to improve organisational performance.