Asian Journal of Multidimensional Research (AJMR)
Year : 2018, Volume : 7, Issue : 10
First page : ( 221) Last page : ( 228)
Online ISSN : 2278-4853.

Make in India: HR practices and various challenges

Kaura Muskan

Assistant Professor in Commerce, Kamla Lohtia Sanatan Dharam College, Ludhiana, Punjab, India. Email id: muskankaura1@gmail.com

Online published on 23 November, 2018.

Abstract

In the current scenario, globalization has a major contact on the management of human resources in developing Countries like ours. With picking up the swiftness of globalization, organizations have to adapt the significant changes and new trends in all aspects of management including the management of human resources. An innovative and effective management of human resources has an imperative role to play in the performance and success of organizations. Moreover, competitive pressures on the organizations have encouraged them to be practical in diagnosing HR problems and to adopt more innovative HR practices since these were no longer a matter of trend, but rather of survival. Hence the corporate have started formulating and adapting innovative HR strategies in the areas such as attracting and accessing the talented, developing and growing the potential, engaging and aligning the best, transition, etc. In this paper the authors have discussed some of the key HR Practices of Indian Companies where and how innovative strategies need to be developed for ensuring the organizational excellence and the various challenges and issues in its path.

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Keywords

Diagnosing, Ensuring, Encouraged, Differentials, Talented.

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