A comprehensive study on Work- Life

Balance
Work-life balance is a difficulty that many businesses and people are more aware of in workplaces and at home.
Human resource managers look for ways to boost their organization’s bottom lines, boost employee happiness, keep on top
of workplace trends, and retain people who have significant company expertise in today's fast-paced culture.
This article offers human resource professionals a historical perspective, facts, and potential work-life balance solutions for
businesses and workers alike.
Three elements Challenges to work-life balance include global competition, personal lives, family values, and an ageing
workforce. Work-family was a word that was used more often in the past than it is now. The tug-of-war between obligations
to one's family and one's job is known as work-family conflict.
Work life balance is ability to manage resources to meet family and work demands so that individuals can show effective
participation in both domains of life.
Work life balance from the employee viewpoint: the dilemma of managing work obligations and personal/family
responsibilities.
Family-friendly benefits: benefits that offer employees the latitude to address their personal and family commitments, while
at the same time not compromising their work responsibilities.
Work-life balance is about effectively managing the juggling act between paid work and other activities that are important
to us - including spending time with family, taking part in sport and recreation, volunteering or undertaking further study.
 PART A- INDUSTRY ANALYSIS
A consulting firm or simply consultancy is a professional service firm that provides expertise and
specialized labor for a fee, through the use of consultants. Consulting firms may have one employee or
thousands; they may consult in a broad range of domains, for example, management, engineering, and so on.
 There are different types of Consulting Firms serving different sectors. They mainly fall under the following fields:

● Architecture and Engineering

● Hotel and hospitality industry
● Human resources

 PESTEL ANALYSIS : ( Political, Economic, Socio- Cultural, Technological, Legal, Environmental Factors )
 PORTER’S FIVE FORCES: (Competition in the industry, Potential of new entrants into the industry, Bargaining power
of customers, Bargaining power of supplier, Threat of substitute products
 SUMMARY OF INDUSTRY:
 PART B – COMPANY ANALYSIS
 COMPANY HISTORY
 BRIEF HISTORY ABOUT TOP MANAGEMENT
 SIZE OF THE ORGANIZATION
 VISION AND MISSION OF ORGANIZATION
 SWOT ANALYSIS: ( Strengths, Weakness, Opportunities, Threats )
 7- S STRATERGY: ( Stratergy, Structure, System, Shared Values, Skills, Style )
 BCG : Boston Consulting Group
 Ansoff Analysis: (Market penetration, Market Development, Product Development,
Diversification )
 SUMMARY OF COMPANY ANALYSIS
 PART C- MANAGEMENT CONCEPT
 INTRODUCTION TO MANAGEMENT CONCEPT:

 RESEARCH OBJECTIVES
• To identify the factors that impact the employees work life balance.

 NEED OF THE STUDY

 SCOPE OF THE STUDY

• The study covers the various aspects in employee work life Balance and measured increase in productivity accountability, commitment,
better team work and communication improved morale, less negative organizational stress.