TITLE

The Key Role of Innovative Human Resource Management Practices In Indian IT Industry

AUTHOR(S)
Ravisankar, M.; Sakthivendan, K.
PUB. DATE
April 2013
SOURCE
International Journal of Exclusive Management Research;Apr2013, Vol. 3 Issue 4, p1
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
Innovative HR practices build competencies and capabilities for superior and winning performance today and simultaneously create long-term fertility for innovation of business ideas and strategies for future. Liberalization created a hyper-competitive environment and to respond to this turbulence, Indian organizations adopted innovative changes in their HRM practices. Since 1990 due to liberalized government policies, Indian scenario began to change. Human resource became one of crucial driver for development and change. As the viewpoint of management towards its employees began to change, role and contribution of human resource as a talent pool also become so vital that most of the organizations started to focus their vision and mission statements on the people who work for them. With the boom in the technology sector in 2000, newer and newer ways of attracting, recruiting and managing tenant in the companies also started to emerge. This study tries to understand the role of innovative HRM practices i.e. Recruitment & Selection, people development and Training, performance appraisal, compensation, leadership development, work-life balance and it also encompasses of various relevant and important examples from IT Industries who have worked wonders by the help of its human asset and Innovative HR practices, finally it conclude with the challenges faced by HR Professionals in IT Industr
ACCESSION #
88016645

 

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