The Effect of Value Congruence on Customer Focus in the Private Life Insurance Sector : A Study of Haryana State in India
DOI:
https://doi.org/10.17010/pijom/2018/v11i8/130643Keywords:
Value Congruence
, Employee Sense Of Belonging, Job Satisfaction, And Private Life Insurance CompaniesD23
, M0, M10, M14Paper Submission Date
, October 25, 2017, Paper sent back for Revision, April 25, 2018, Paper Acceptance Date, July 25, 2018.Abstract
It is very important for organizational values to match with employees' values, which is termed as value congruence. Equally important is customer focus, which is an organizational stance in which all aspects of a company's production and delivery of goods or services are directed by the best interests of the customers. This study examined the effect of value congruence on customer focus in the private life insurance sector in Haryana. Data were collected on the level of sync organizational and employees' values through two different questionnaires from 200 middle and lower level management employees of seven private life insurance companies. The study showed that value congruence was significantly related to customer focus through job satisfaction, employees' sense of belonging, organizational commitment, and employee loyalty.Downloads
Downloads
Published
How to Cite
Issue
Section
References
Adkins, C. L., Ravlin, E. C., & Meglino, B. M. (1996). Value congruence between co-workers and its relationship to work outcomes. Group & Organization Management, 21(4), 439 - 460.
Ahmad, N., Iqbal, N., Javed, K., & Hamad, N. (2014). The impact of organizational commitment and employee performance on the employee satisfaction. International Journal of Learning, Teaching, and Educational Research, 1 (1), 84 - 92.
Ahmed, I., Razzaque, R., & Ramzan, M. (2011). Examining the links between employee and customer variables of service profit chain: A case of Pakistani banks. Australian Journal of Basic and Applied Sciences, 5(11), 1634 - 1645.
Anaza, N. A. (2015). Relations of fit and organizational identification to employee-customer identification. Journal of Managerial Psychology, 30 (8), 925 - 939.
Bateman, T., & Strasser, S. (1984). A longitudinal analysis of the antecedents of organizational commitment. Academy of Management Journal, 27(1), 95-112.
Bentler, P. M. (1990). Comparative fit indexes in structural models. Psychological Bulletin, 107 (2), 238 - 246.
Bergami, M., & Bagozzi, R. P. (2000). Self-categorization, affective commitment and group self-esteem as distinct aspects of social identity in the organization. British Journal of Social Psychology, 39 (4), 555 - 577.
Chatman, J. A. (1989). Improving interactional organizational research: A model of person-organization fit. Academy of Management Review, 14 (3), 333 - 349.
Chughtai, A. A., & Zafar, S. (2006). Antecedents and consequences of organizational commitment among Pakistani university teachers. Applied Human Resource Management Research, 11 (1), 39 - 64.
Ciftcioglu, B. A. (2010). Relationship between organizational commitment and organizational identification: A theoretical investigation. The Journal of Industrial Relations & Human Resources, 12 (1), 87 - 106.
Davila, M. C., & Garcia, G. J. (2012). Organization identification and commitment: Correlate sense of belonging and affective commitment. The Spanish Journal of Psychology, 15 (01), 244 - 255.
Demir, M., Demir, S. S., & Nield, K. (2015). The relationship between person-organization fit, organizational identification and work outcomes. Journal of Business Economics and Management, 16 (2), 369 - 386.
Dwivedi, A., Kumar, Y., & Papazafeiropoulou, A. (2006). A practitioner perspective on drivers of employee loyalty. AMCIS 2006 Proceedings. Retrieved from https://pdfs.semanticscholar.org/34e9/19a59e53eb33cfb6ff09e64ae7f44c93a951.pdf
Edwards, J. R., & Cable, D. M. (2009). The value of value congruence. Journal of Applied Psychology, 94 (3), 654 - 677.
Eskandaricharati, A. (2014). The study of teachers' organizational commitment and the factors effective on organizational commitment (Thesis). Department of Sociology, Osmania University, Hyderabad. Retrieved from http://shodhganga.inflibnet.ac.in/handle/10603/23919
Field, A. (2009). Discovering statistics using SPSS. London : Sage Publications.
Furnham, A., & Schaeffer, R. (1984). Person-environment fit, job satisfaction and mental health. Journal of Occupational and Organizational Psychology, 57 (4), 295 - 307.
Gaertner, S. (1999). Structural determinants of job satisfaction and organizational commitment in turnover models. Human Resource Management Review, 9 (4), 479 - 493.
Gautam, T., Dick, R., & Wanger, U. (2004). Organizational identification and organizational commitment: Distinct aspects of two related concepts. Asian Journal of Social Psychology, 7 (3), 301- 315.
Giri, V. N., Kumar, S. P., & Rajesh, V. (2017). Does job satisfaction help in understanding automotive employees' turnover intention? Prabandhan: Indian Journal of Management, 10(5), 7 - 23. doi:10.17010/pijom/2017/v10i5/114252
Hair, J. F., Black, W. C., Babin, B. J., & Anderson, R. E. (2010). Multivariate data analysis (7th edition). Upper Saddle River, New Jersey : Prentice Hall.
Han, T. S., Chiang, H. H., McConville, D., & Chiang, C. L. (2015). A longitudinal investigation of person-organization fit, person-job fit, and contextual performance: The mediating role of psychological ownership. Human Performance, 28 (5), 425 - 439.
Han, T., Chiang, H., & Chiang, C. (2013, September). The investigation of the relation between person-organization fit, person-job fit, psychological ownership, and contextual performance: A longitudinal approach. In Proceedings of the International Symposium on Marketing, Logistics, and Business (MLB). Retrieved from http://ibac-conference.org/ISS%20&%20MLB%202013/Pages/MLB2013.htm
Heskett, J., Sasser, W. E., & Schlesinger's, L. A. (1997). The service profit chain: How leading companies link profit and growth to loyalty, satisfaction, and value. New York : Free Press.
Hu, L. - T., & Bentler, P. M. (1999). Cutoff criteria for fit indexes in covariance structure analysis : Conventional criteria versus new alternatives. Structural Equation Modeling : A Multidisciplinary Journal, 6 (1), 1-55.
Iqbal, A., Tufail, M. S., & Lodhi, R. N. (2015). Employee loyalty and organizational commitment in Pakistani organizations. Global Journal of Human Resource Management, 3 (1), 1-11.
Jafari, V., Moradi, M. A., & Ahanchi, M. (2013). An examination of the relationship between empowerment and organizational commitment (Case study Kurdisan Province Electric Staff). Interdisciplinary Journal of Contemporary Research in Business, 4 (12), 860 - 868.
Janjua, B., & Gulzar, A. (2014). The impact of human resource practices on organizational commitment and employee retention in telecom sector of Pakistan: Exploring the mediating role of employee loyalty. Journal of Business and Management, 16 (1), 76 - 81.
Kasimati, M. (2011). Job satisfaction and turnover under the effect of person - organization fit in Albanian public organizations. Journal for East European Management Studies, 16(4), 315 - 337.
Kristof, A. L. (1996). Person-organization fit : An integrative review of its conceptualizations, measurements, and implications. Personnel Psychology, 49(1), 1 - 49.
Kristof-Brown, A. L., Zimmerman, R. D., & Johnson, E. C. (2005). Consequences of individuals' fit at work : A meta-analysis of person - job, person - organization, person - group, and person - supervisor fit. Personnel Psychology, 58 (2), 281- 342.
Kumar, V., & Pansari, A. (2014). The construct, measurement, and impact of employee engagement : A marketing perspective. Customer Needs and Solutions, 1(1), 52 - 67.
Lee, C. C., Haung, S. H., & Zhao, C. Y. (2012). A study on factors affecting turnover intention of hotel employees. Asian Economic and Financial Review, 2(7), 866 - 875.
Lee, Y. J., Lee, I. C., & Lin, C. L. (2015). The impact of employee loyalty and organizational citizenship behavior on organizational performance: A case of Taiwan-listed family business. International Journal of Information Technology and Business Management, 41(1), 8 - 25.
Liu, B., Liu, J., & Hu, J. (2010). Person-organization fit, job satisfaction, and turnover intentions: An empirical study in the Chinese public sector. Social Behavior and Personality: An International Journal, 38 (5), 615 - 625.
Locke, E. A. (1976). The nature and causes of job satisfaction. In, M. D. Dunnette (ed.), Handbook of industrial and organizational psychology (pp. 1297 - 1349). Chicago : Rand McNally.
Mahmoud A. H. (2008). A study of nurses' job satisfaction: The relationship to organizational commitment, perceived organizational support, transactional leadership, transformational leadership, and level of education. European Journal of Scientific Research, 22 (2), 286 - 295.
Martensen, A., & Gronhold, L. (2006). Internal marketing: A study of employee loyalty, its determinates, and consequences. Innovative Marketing, 2 (4), 92 - 116.
Meglino, B. M., & Ravlin, E. C. (1998). Individual values in organizations: Concepts, controversies, and research. Journal of Management, 24 (3), 351 - 389.
Mehta, S., Singh, T., Bhakar, S. S., & Sinha, B. (2010). Employee loyalty towards organization - A study of an academician. International Journal of Business Management and Economic Research, 1 (1), 98 - 108.
Meyer, J. P., Allen, N. J., & Smith, C. A. (1993). Commitment to organizations and occupations: Extension and test of a three-component conceptualization. Journal of Applied Psychology, 78 (4), 538 - 551.
Mohanty, P., & Das, D. (2014). Impact of values, personality and managerial style on organizational citizenship behavior and turnover behavior. International Review of Social Sciences and Humanities, 7(1), 85 - 90.
Mowday, R. T., Porter, L.W., & Steers, R. M. (1982). Employee organization linkages. The psychology of commitment absenteeism, and turnover. London : Academic Press Inc.
Mueller, C. W., Boyer, E. M., Price, J. L., & Iverson, R. D. (1994). Employee attachment and non - coercive conditions of work : The case of dental hygienists. Work and Occupations, 21 (2), 179 - 212.
Mulky, A. (2011). An exploration of salesperson job satisfaction in India using P-E fit construct (Working Paper No: 343). Retrieved from http://www.iimb.ac.in/node/14190
Muthuveloo, R., & Rose, R. C. (2005). Typology of organization commitment. American Journal of Applied Science, 2 (6), 1078 - 1081.
Natarajan, N. K., & Nagar, D. (2011). Personal values as predictors of perceived organizational values - Implications for recruiters. Prabandhan: Indian Journal of Management, 4(9), 26 - 30. DOI: 10.17010/pijom/2011/v4i9/62600
Ng, C., & Sarris, A. (2009). Distinguishing between the effect of perceived organization support and person - organizational fit on work outcomes. The Australian and New Zealand Journal of Organization Psychology, 2 (1), 1 - 9.
Ostroff, C., & Judge, T. A. (eds.) (2007). Perspectives on organizational fit. Mahwah, NJ: Erlbaum.
Pandey, C., & Khare, R. (2012). Impact of job satisfaction and organizational commitment on employee loyalty. International Journal of Social Science and Interdisciplinary Research, 1(8), 26 - 41.
Peloso, A. F. (2005). The antecedents of the employee loyalty-customer loyalty relationship (Doctoral Dissertation), Queensland University of Technology. Retrieved from http://eprints.qut.edu.au/16028/1/Antony_Peloso_Thesis.pdf
Podsakoff, P. M., Mackenzie, S. B., Lee, J., & Podsakoff, N. P. (2003). Common method biases in behavioral research: A critical review of the literature and recommended remedies. Journal of Applied Psychology, 88 (5), 879 - 903.
Podsakoff, P. M., MacKenzie, S. B., Paine, J. B., & Bachrach, D. G. (2000). Organizational citizenship behaviors: A critical review of the theoretical and empirical literature and suggestions for future research. Journal of Management, 26 (3), 513 - 563.
Porter, L. W., Steers, R. M., Mowday, R. T., & Boulian, P. V. (1974). Organizational commitment, job satisfaction, and turnover among psychiatric technicians. Journal of Applied Psychology, 59 (5), 603 - 609.
Ramaprasad, B. S., Prabhu, K. P., Lakshminarayanan, S., & Pai, Y. P. (2017). Human resource management practices and organizational commitment: A comprehensive review (2001-2016). Prabandhan: Indian Journal of Management, 10(10), 7 - 23. doi:10.17010/pijom/2017/v10i10/118810
Rosete, D. (2006). The impact of organizational values and performance management congruency on satisfaction and commitment. Asia Pacific Journal of Human Resources, 44 (1), 7 - 24.
Sharma, R., Khandewal, T., & Beg, F. (2015). Understanding job satisfaction loyalty and commitment of teaching professionals in Bareilly. International Journal of Engineering Research & Management Technology, 2(4), 1-10.
Spector, P. E. (1997). Job satisfaction: Application, assessment, causes, and consequences (Vol.3). Thousand Oaks, CA : Sage Publications.
Sreejesh, S., & Nagra, T. (2011). Antecedents and consequences of employee loyalty towards the organization: Empirical evidence from Indian software industry. International Journal of Management Science, 18 (2), 1 - 22.
Stazyk, E. C. (2009). Striking a balance: The role of value congruence in shaping employee job satisfaction and turnover intentions (Doctoral Dissertation). University of Kansas, Kansas, USA.
Taylor, S., & Todd, P. A. (1995). Understanding information technology usage: A test of competing models. Information Systems Research, 6 (2), 144 - 176.
Tella, A., Ayeni, C. O., & Popoola, S. O. (2007). Work motivation, job satisfaction, and organization commitment of library personnel in academic and research libraries in Oyo State, Nigeria. Library Philosophy and Practice, 9 (2), 1-16.
Vandenberg, R. J., & Lance, C. E. (1992). Examining the causal order of job satisfaction and organizational commitment. Journal of Management, 18 (1), 153 - 167.
Verquer, M. L., Beehr, T. A., & Wagner, S. H. (2003). A meta-analysis of relations between person-organization fit and work attitudes. Journal of Vocational Behavior, 63 (3), 473 - 489.
Warsi, S., Fatima, N., & Sahibzada, S. A. (2009). Study on relationship between organizational commitment and its determinants among private sector employees of Pakistan. International Review of Business Research Papers, 5 (3), 399 - 410.
Whyte, W. H. (1956). The organization man. New York : Simon and Schuster.
Williams, L. J., & Hazer, J. T. (1986). Antecedents and consequences of satisfaction and commitment in turnover models: A re-analysis using latent variable structural equation methods. Journal of Applied Psychology, 71(2), 219 - 231.