Investment and collaboration: the Indian model for "best" HRM practices

作     者：Rao, Pramila 

作者机构：Marymount Univ Sch Business Arlington VA 22207 USA 

出 版 物：《JOURNAL OF ASIA BUSINESS STUDIES》 (亚洲商业研究杂志)

年 卷 期：2016年第10卷第2期

页      面：125-147页

学科分类：12[管理学] 120202[管理学-企业管理（含：财务管理、市场营销、人力资源管理）] 0202[经济学-应用经济学] 02[经济学] 1202[管理学-工商管理] 020205[经济学-产业经济学] 

主　　题：Emerging markets Human resource management 

摘      要：Purpose - The purpose of this paper is to examine human resource management (HRM) practices of the top 25 companies identified as best in India in 2011. This paper provides insights into HRM practices of a leading country in Asia that is playing a very important role in the global economy. Design/methodology/approach - This conceptual paper will use for its research analysis the business reports of the Outlook Business Magazine and AON Hewitt. AON Hewitt is a global human resource consulting company and is an established authority in identifying best companies in India since 2004. A qualitative content analysis was done of the business report to identify predominant themes. Findings - The analysis identified how the best 25 Indian companies offer progressive HRM practices that required careful investment and collaboration. This research showcases seven specific HRM themes that include elaborate staffing, investment in learning, work-life balance, egalitarian practices, developmental performance culture, generous benefits and engagement initiatives. Practical implications - This paper provides preliminary guidelines for global practitioners who may be interested in doing business in India. It also provides a model of best HRM practices adopted by 25 companies that could help other organizations identify successful HRM practices in India. Among the 25 companies, 16 are Indian companies and 9 are subsidiaries of multinationals. Originality/value - This paper outlines HRM best practices of organizations in an emerging Asian economy that has not been addressed before. This paper hopes to bridge this paucity in the extant literature by showcasing the best HRM practices from 25 best companies in India. It also provides an Indian model of best HRM practices that can be tested by other scholars for future studies.