With liberalization, Indian coporates have realised the need to make employees more creative, innovative and keep them motivated. With the help of eleven in-depth case studies this article tries to understand how innovative HRM practices are being adopted by Indian firms to brace competition in the post liberalization scenario. Based on prior Western and Indian research, a theoretical framework of aligning effective innovative HRM practices for effective corporates coping with a liberalized competitive market environment is described. The articles discusses the need for new skills, new innovative HRM policies and an agenda for Indian firms to face future competition.
SOM, A. (2004). Building Competitive Advantage Through Innovative HRM Practices: The Case of India. Dans: Proceedings of 2004 International Conference in Management Sciences and Decision Making. College of Management, Tamkang University, China, pp. 325-359.