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Journal of Management Research and Analysis


Innovative HR Strategic Practices of Indian and Foreign MNCs


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Author Details: Homera A Durani, Krupa U Trivedi, Aqsa A Durani

Volume : 2

Issue : 3

Online ISSN : 2394-2770

Print ISSN : 2394-2762

Article First Page : 173

Article End Page : 176


Abstract

Well organized HR practices are a requirement for a successful strategic change. HRM plays a critical role in redefining new strategies so that they can suit the changing environment scenario. At times, HRM not only be a part of the new strategy, but also becomes the deciding and defining factor in pursuing a particular strategy. To keep abreast with the dynamic business conditions, Indian and Foreign MNCs have revamped their HR strategic practices. This paper discusses about the innovative strategies of Indian and Foreign MNCs and the HR practices implemented by them.

 
Keywords: Strategic Initiatives, HR practices, Employees, Performance, Growth