Tuesday, 11 August 2020

Virtual Internship can be better than in office Internship by Sakshi Singla MBA Manager HR Aircrew Aviation Pvt. Ltd.

Why Virtual Internship can be better than in office Internship

 Advantages of the Virtual Internship
Sure, students are attracted to virtual internships because they allow them to gain experience without commuting, committing 40 hours a week, or considering physical proximity of jobs.
v  But virtual internships also offer a number of appealing benefits for employers:
1.  Larger applicant pool. Hiring virtual interns allows you an almost endless choice of candidates. No longer are employers limited to only those interns who live nearby or—in the case of unpaid internships—to those who can afford to work for free.
2.  Workers only when needed. For small businesses who wonder whether they have enough work to support a full-time internship program, a virtual internship makes it easy to utilize interns on a per-project basis.
As long as you guarantee an intern a certain number of hours per week, month, or semester, you can assign projects to be completed remotely as they arise, without worrying about creating work when things slow down… and an eager intern is standing in front of you.
3.  Space and equipment savings. Since virtual interns don’t work at your office, you don’t have to allocate additional workspace.
Furthermore, like other remote employees, virtual interns are expected to have their own computer and Internet connection, basic office equipment, and standard supplies.
4. Payroll pare down. Speaking of savings, in some cases, virtual internships can nearly eliminate the number of unproductive, paid hours of work.
On the other hand, remote workers are taught to bill their time in blocks and to log in and out when they take breaks or switch gears. Therefore, the result can be far fewer hours billed for the same amount of actual work.
5. Interruption reduction. If you have a small staff, hiring remote interns means you won’t have to overwhelm one employee with the task of training or supervising an intern 40 hours a week… or with an intern having unlimited access to assistance.
6. Student scheduling convenience. A virtual internship program easily accommodates busy school-year students because of its innate flexibility.
7. Capitalization on familiar communicationVirtual internships take advantage of the fact that today’s intern is likely most comfortable communicating online.

THE ROLE OF MOTIVATION AND JOB SATISFACTION IN IMPROVING THE PERFORMANCE OF ORGANIZATION
There is a growing need among managers to understand issues concerning organisational job satisfaction. It is quite tempting to regard job satisfaction as simply being ‘happy’ at work, but this topic is slightly more complex than we would normally expect. Let us start by defining job satisfaction and look into what it involves. One of the most common definitions for job satisfaction came out in 1976 from an American psychologist named Edwin Locke. As he put, it is simply “a pleasurable or positive emotional state resulting from the appraisal of one’s job or job experiences”. In other words, workers draw on their perceptions and emotions to evaluate jobs in some degree of Favour or Disfavour.
Job satisfaction can increase productivity.
Many employers have started to recognise that a “happier” employee is more motivated and tend to perform better at the workplace . In this study there were three groups of individuals, whereby two groups were shown either comedy or neutral movie clips, and one group was given fruit, chocolates, and bottled drinks prior to complete a task. Productivity was measured by asking individuals to perform numeral additions of five 2-digit numbers during a 10-minute period. Correct answers were paid at a rate of 0.25 pounds sterling. Results revealed that performance was linked to happiness, particularly for the group that watched comedy clips.
What are the negative factors affecting job satisfaction?
We must realise that not all rules are written in a contract, and employees may expect things that were not necessarily discussed during employment negotiations. When it comes to identifying negative issues associated with employee dissatisfaction, two factors stand out the most. Firstly, one of the most common negative factors is poor communication. When communication between managers, supervisors, and co-workers deteriorates it puts the organization’s success in jeopardy, and strains relations at work. In this way, in order to promote effective communication between supervisors, management, and employees it is important to cultivate working environments which both promote a sense of fun outside daily organisational activities, and encourages treatment of people with respect and trust. In practical terms, this would involve managers engaging with their employees in problem resolution, goal setting, day-to-day operations, and decision making.
A lack of empowerment has a negative impact on job satisfaction.
Secondly, the feeling of lack of empowerment in at the workplace is also a ‘usual suspect’ when it comes to creating job dissatisfaction. In 2013, a study carried out by Dr. Sergio Fernandez from Indiana University found a positive relationship between job satisfaction and empowering employees with information about performance and goals. However, Dr. Fernandez also explained that empowering employees by offering them with rewards does not have an effect on job satisfaction, particularly when performance is defined in terms of outcomes and outputs. So far, managers, supervisors, and key stakeholders should foster both empowerment and good and effective communication at all levels within organisational settings.

v  Why are job satisfaction and motivation important?
When creating jobs and conditions that satisfy employees it is important to better understand what factors promote and influence job satisfaction and motivation. Similarly, when seeking their ideal worker, managers must both create fulfilling working environments and adopt the right motivational strategies. In practical terms this means creating new and more adjustable corporate policies, and gaining insights into employee motivations (i.e. self- and externally motivated). Additionally, managers must also have a good grasp of their organisation’s specific performance needs, in order to employ motivational processes suitable for the type of workers at that institution. Furthermore, organisational policy makers and leaders in general should structure jobs in order to give self-motivated workers a chance to express their need autonomy and competitiveness. A ‘one-policy-for-all’ approach can prove to be challenging, and in most cases can result in employee burn out, or voluntarily quitting the organisation

What is more important for HR ? Theoretical knowledge or Practical Application?
Can you imagine someone teaching you to swim or drive a vehicle, within four walls of a classroom? It is impossible!! You have to get into the water to learn swimming and you have to be out on the road to learn driving. Some subjects are skill based and practice oriented. Theoretical knowledge of skill- based subjects needs to be supported by practice. Subjects like teaching and engineering are skill based. In these subjects, practical knowledge is more important than theoretical knowledge.Practical work includes experiments in laboratories, study tours, projects, assignments etc. the advantages of practical work are unmatched. Getting theoretical knowledge has no value until students can apply it for practical purposes.
·         When you do something with your own hands you remember better.
·         Practical work promotes experiential learning.
·         Practical work encourages self-learning.
·         Practical work familiarizes students with tools and equipment that he will be required to use.
·         Practice leads to perfection.
·         One cannot become an expert overnight; greater the practice, greater the expertise.
·         Practical work is a good change from the monotonous lecture method.
·         Students are required to participate actively in practical activities.
·         Involvement of students is more in practical work.
·         Practical work complements theory.
·         Practical assignments are often carried out in groups. Group work helps to inculcate social values and values like sharing, cooperation, team spirit, compassion etc.
·         Practical work makes students independent and increases their confidence.
·         Students who complete engineering education often find that when they start working, they are at a loss in spite of getting very good marks in the examination. If the engineering colleges in pune integrates theory with practice, students are better prepared for jobs. Practical knowledge in advance boosts their confidence.
Hence, there are several benefits of practical work. At the same time it must be remembered that theoretical knowledge is also important. Practical work is application of theory. Theory creates a strong base for practical work. One must be able to achieve a balance between theory and practice for best results. Theory and practice are two sides of the same coin.
                                                                                     
Importance of an MBA Degree
1. Increased self-confidence
One study surveyed MBA graduates about their perceived financial and nonfinancial costs and benefits of their professional degree. Surprisingly, increased confidence was one of the highest-weighing and most important nonfinancial benefits of earning an MBA degree.
2. Credibility
There are different ways you can establish credibility in your firm and in your industry. You could volunteer for a project at work that stretches you beyond your comfort zone and shows off your hidden talents to company management. You could begin a solo side business or co-found one with family or friends to establish early credibility as a budding entrepreneur. But the academic version of street cred in the business world is the MBA degree.
3. Transferable skills
Much of the knowledge and hard and soft skills you gain from earning your MBA is applicable across many industries. You become more skilled and versatile regardless of your industry or job title thanks to widely applicable qualities like leadership, critical and analytical thinking, creativity, and communication. Unlike career-specific advanced degrees like a teaching credential or a medical degree, an MBA can transfer easily to many industries and offer you a wide array of careers throughout your life.
4. Curiosity
MBA graduates often possess an innate and insatiable curiosity. They know there is always something more to learn, and they endeavor to learn it. Earning the degree hones their ability to dig into competitive analyses, study emerging industries, and stay on top of all the newest developments, technologies, and trends in their industry. As Albert Einstein said, “The important thing is not to stop questioning. Curiosity has its own reason for existing.”
5. Strategic thinking
The strategic thinking skills you learn while earning your MBA are not only applicable in the business world but across various areas of your life such as your personal goals and finances. You’ll be able to think outside-the-box and weigh multiple options or solutions in your mind while you work to fix a problem.
6. Better communication
MBA graduates often find themselves communicating better at work with colleagues, bosses, or employees. But these communication skills can also apply at home with your significant other, kids, parents, or siblings, as well as in social situations such as networking events or company functions. Being a better communicator is essential in everyday life, no matter where or when you communicate your needs and ideas for solutions.
7. Self-discipline
To earn your MBA degree, you have to attend classes and study sessions, complete assignments on time, and push yourself to work through rigorous, complex coursework. Possibly, you have to do this while you continue to work. All of this takes a level of self-discipline that you may not take to naturally, but can cultivate with time and effort while working through the MBA program.
8. Better time management
A side effect of better self-discipline is the ability to better manage time. That could mean better understanding of your capabilities for producing work in an allotted time so you don’t overextend yourself, burn yourself out, or over commit and under deliver. It could also mean being more efficient during work hours to get more done in less time or with less effort.
9. Broader worldview
While earning your MBA, you address big business issues and real-world business challenges which hones your ability to look beyond your role and see how organizations operate as a whole. This also increases your exposure to diverse perspectives on global, social, and business issues as you collaborate with students whose backgrounds, experiences, and career goals differ from yours.
10. Network of colleagues
While earning your MBA, you come into contact with faculty and fellow students and alumni of the program who begin to form—or add to your existing—network of colleagues. These include people both within your industry and outside of it, and are often spread out across the world, which can translate to promising opportunities in the future.
11. More job opportunities
Many companies now require or prefer candidates with an MBA for a number of roles. Earning this degree significantly expands the number of potential job opportunities for which you qualify.
12. Differentiation as a job candidate
Even if an MBA isn’t a minimum requirement, the degree can be a powerful differentiator when you’re competing against dozens of candidates all vying for the same position—especially when they are all impressive in their own way. But as impressed as employers may be about managerial accomplishments in the field, the fact that you’ve earned an MBA degree is likely to take your application up a notch in the minds of
13. Increased creativity
The coursework for an MBA may seem based in facts and numbers, but the entire experience often ends up sharpening creative thinking and inspiring creative endeavors for MBA graduates. Thinking outside the box is just as important for business as it is for art or music.

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Sakshi Singla MBA
Manager HR
Aircrew Aviation Pvt. Ltd.



 Virtual Internship can be better than in office Internship by  @Sakshi Singla MBA Manager HR Aircrew Aviation Pvt. Ltd.

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