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Personnel Management is a business function and business is a value-adding activity. A business, be it agriculture, manufacturing, mining, trading, or any other activity, is a process of conversion for the purpose of satisfying human needs and thereby adding value. Such conversion takes various forms. It may be in terms of quantity, quality, time, or space. All such conversions are done primarily through human effort. Therefore, the need for personnel management arose since the time business activities required organized application of human effort. The history of personnel management is thus very old. Incidentally, persons are generally averse to physical and repetitive work. It had, therefore, been a challenge for those managing other people to get the work done by them when it was not inspiring in terms of work content or remuneration. This book, in a historical perspective, explains how the personnel managers handled the challenge in different ages, and how the evolving socio-economic environment influenced their approaches and actions. A lot has changed in terms of personnel management over the years. With economic liberalization, personnel management is no longer a job of managing persons. This book also covers the larger activities of organizational management and beyond. In the days to come, personnel managers will have to be messengers of social harmony and growth, and an embodiment of trust. And then they will be able to serve the organizations and their employees the best.
India has been identified as one of the biggest emerging markets in the world. Indian organizations have increasingly begun to understand the importance of human resources and have started to take into account the motivation, commitment and morale of its workforce. Despite great advances in human resource practices in India, the relevant literature on this subject remains scarce. This book seeks to fill the critical gap in the literature by providing a thorough understanding of the changing face of Indian HRM systems. Seeking to provide a comprehensive overview of Indian HRM practices, the book is structured into five parts: Developments in Indian HRM Determinants of Indian HRM Sector specific HRM Emerging themes Future challenges and the way forward The Changing Face of People Management in India is written exclusively by Indian natives in order to minimise the Western bias and to provide a realistic picture of HRM practices in India. This book is a key resource for anyone studying or working in HRM or international business or with an interest in the unique Indian HRM context.
India has been identified as one of the biggest emerging markets in the world. Indian organizations have increasingly begun to understand the importance of human resources and have started to take into account the motivation, commitment and morale of its workforce. Despite great advances in human resource practices in India, the relevant literature on this subject remains scarce. This book seeks to fill the critical gap in the literature by providing a thorough understanding of the changing face of Indian HRM systems. Seeking to provide a comprehensive overview of Indian HRM practices, the book is structured into five parts: Developments in Indian HRM Determinants of Indian HRM Sector specific HRM Emerging themes Future challenges and the way forward The Changing Face of People Management in India is written exclusively by Indian natives in order to minimise the Western bias and to provide a realistic picture of HRM practices in India. This book is a key resource for anyone studying or working in HRM or international business or with an interest in the unique Indian HRM context.
The global impact of so-called ‘offshoring’, including of information technology (IT) and related services, continues to be a topic of great interest to academics, practitioners and policy makers. The Indian IT industry has sustained high levels of growth in revenues and employment since the late 1980s. Even following the global financial crisis and meltdown in 2008, the industry has reported growth, albeit at a lower rate. Furthermore, the high rates of technological change and increased competition has forced businesses and managers to be innovative and create new business models. This book examines how managers and entrepreneurs in the Indian IT industry have explored and exploited human capital opportunities at various stages of the industry’s evolution to create innovative human resources (HR) practices and new business models. Based on extensive academic research and deep reflective practitioner accounts, this collection presents expert content, views and a coherent picture of the challenges and changes in the Indian IT industry and analyses how the industry has remained competitive in a constantly changing environment. This book will appeal to researchers, students and practitioners, particularly in the fields of human resources and strategic management.
Based on extensive research and interviews with leading Indian organizations in different sectors, this primer to the Indian corporate culture and community outlines the rapid changes occurring in the country’s business environment, illustrating their profound impact on the nature of its HR practices. Taking today’s challenging economy into account, this reference demonstrates how developing diverse talent pipelines, fostering sustainable leadership competency, and appreciating the role of employer branding is a trying but vital priority for Indian businesses as well as international companies managing an Indian workforce.
The Indian economy is projected to become the world's fourth largest by 2020 and it is central to global economic performance. In a period of rapid change, understanding the business environment is a challenge. This book highlights the unique mix of challenges and opportunities for investors and organizations in India. Indian Business brings together a wide range of experts to present a comprehensive insight into doing business in India. It draws on research-based evidence and expert coverage of the emerging political, legal and social frameworks. It is divided into three parts: the Indian business context, conducting business in India, and emerging practices relevant for foreign investors. Each chapter outlines the context and justification for study, along with an analysis of the present situation and future options. Useful features include a case study with questions for analysis, and links to useful web resources. This book provides business practitioners and students with a thorough understanding of how to start and grow successful organizations in India.
Focusing on HRM developments in thirteen developing countries across Asia, Africa and the Middle East, this book explores the contextual functions of HR in these countries. In addition, it analyzes the more general issues of HRM in cross-national settings to give readers an understanding of HR that is both comparative and contextual. Covering the policies and practices of China, South Korea, Taiwan, India, Nepal, Pakistan, Iran, Saudi Arabia, Algeria, Nigeria, Ghana, Kenya and South Africa, each chapter follows a framework that draws out all of the unique and diverse configurations of HRM. This important text is an invaluable resource for all HRM practitioners, students and scholars of HRM, international HRM and international business.
Provides an understanding of how HRM policies and practices differ across countries and how the development of management practice may be affected by different institutional and cultural contexts. Containing contributions from a range of well-respected HRM scholars across the world, this collection is based upon data from a unique research project.
Exploding growth. Soaring investment. Incoming talent waves. India's top companies are scoring remarkable successes on these fronts - and more. How? Instead of adopting management practices that dominate Western businesses, they're applying fresh practices of their ownin strategy, leadership, talent, and organizational culture. In The India Way, the Wharton School India Team unveils these companies' secrets. Drawing on interviews with leaders of India's largest firms - including Mukesh Ambani of Reliance Industries, Narayana Murthy of Infosys Technologies, and Vineet Nayar of HCL Technologies - the authors identify what Indian managers do differently, including: Looking beyond stockholders' interests to public mission and national purpose Drawing on improvisation, adaptation, and resilience to overcome endless hurdles Identifying products and services of compelling value to customers Investing in talent and building a stirring culture The authors explain how these innovations work within Indian companies, identifying those likely to remain indigenous and those that can be adapted to the Western context. With its in-depth analysis and research, The India Way offers valuable insights for all managers seeking to strengthen their organization's performance.
•This is an excellent book. Bruce Kaufman, in his ever thoughtful way, has not just analyzed the history of the development of HRM, but assembled 17 chapters in which world-class local experts report on that history in their own country. The book is fu