HRM in Global Scenario: Practices and Strategies for Competitive Success by S.K. Bhatia (Author) & M. Adhikary (Frwd) - 2009

Deep & Deep Publications Pvt. Ltd., 2009. Hardcover. New. The criticality of superior human resource management Policies and practices-especially in the emerging Knowledge driven global economy-can be hardly overemphasized. Knowledge resource has become a vital asset in most organizations, and therefore, attracting, retaining, developing and effectively utilizing human talent has a direct impact on profitability and growth. Human Resource Management is increasingly becoming Human Talent Management. In the contemporary and rapidly changing Business environment, the firms are competing not only for a larger share of the market, but also for high quality human talent. In order to meet the challenges of human resource management, several new approaches and techniques have been developed to improve processes like recruitment and appraisal. Work teams have become essential part of the way business is done. Organization culture, Team performance, .cultural sensitivity, organization structure, systems, processes and Technology have considerable impact on the new generation knowledge workers. This book titled ""Human Resource Management in Global Scenario"" deals with five basic objectives which form the conceptual Framework of the book as under: First, need for Integration of HR strategy with organization strategies. Second, thrust on Investment in people which is valuable for competitive edge. Third, focus on acquiring, developing and retention of talented managers which are not available to competitors. Fourth, understanding emerging challenges in HR and fast transforming HR Philosophy and practices to adopt to changing environment. Fifth, the fundamental aim of Hrm is to generate Strategic capability for adding value to the organization. Printed Pages: 576.