A Study of Innovative Human Resource Practices of Indian Companies

Abstract

Human resource practises that are well-organized are required for a successful strategic change. Human resource management is critical in redefining new strategies to fit the changing environment scenario. HRM can sometimes be more than just a component of a new strategy; it can also be the deciding and defining factor in pursuing a specific strategy. To keep up with the ever-changing business environment, Indian and foreign MNCs have revamped their HR strategic practises. This paper discusses the innovative strategies that Indian HR practises employ.