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Bracing Competition through Innovative HRM in Indian Firms: Lessons for MNEs

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Abstract

HRM plays a critical role and constructive role. How important is the involvement of HRM in strategy development and implementation under hyper-competitive environment? HRM occurs at all levels of organizations and increasingly, outside organizations as organizations manage relationships with external stakeholders. This article shows how innovative HRM practices are being adopted by Indian firms to brace competition in the post liberalization scenario. The article discusses the need for new skills, new policies and innovative HRM practices.

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  • Som, Ashok, 2003. "Bracing Competition through Innovative HRM in Indian Firms: Lessons for MNEs," ESSEC Working Papers DR 03010, ESSEC Research Center, ESSEC Business School.
    • Handle: RePEc:ebg:essewp:dr-03010
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    Keywords

    HRM; Innovation; India;
    All these keywords.

    JEL classification:

    • M12 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Personnel Management; Executives; Executive Compensation
    • N85 - Economic History - - Micro-Business History - - - Asia including Middle East
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

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