The Indian economy began its liberalization process in 1991 which led to the Indian market becoming intensely competitive. This paper tries to build a conceptual model of strategic response through effective human resource management policies and practices within such a market environment. The article tries to understand this phenomenon from a contingency perspective through a single detailed case-study of an Indo-Japanese Joint Venture. Several issues relating to organizational redesign, effective corporate responses like organizational redesign, professional and employee oriented modes of management and a hybrid model of Indo-Japanese HRM interventions are discussed.
SOM, A. (2003). Strategic Organizational Response of an Indo-japanese Joint Venture to India’s Economic Liberalization. ESSEC Business School.