ARE HUMAN RESOURCE MANAGEMENT DEPARTMENTS BECOMING REDUNDANT?

  In recent past,  several Companies  are found closing down HR depts. And many new ones- especially start ups- are going to have no place for such ! Why ? What are prompting the Cos from taking such a decisions? ….. How are they going to REPLACE the ROLES those departments were playing? Well, perh more...

GLOBALISATION AND MNCs – ONLY ABOUT ECONOMIC DRIVERS?

Globalisation and MNCs have contributed substantially to the growth of business and improvement of economic prosperity in India. MANUFACTURING: India had adopted Nehruvian socialist model with public sector in the ‘commanding heights ‘ of economy  for almost 45 years after independence. With narrow foc more...

INNOVATION IN BUSINESS: The indirect economic drivers fanning growth?

As per various theories, Innovation has evolved from imitation and passing thru invention. Earlier times, imitation was equated with invention. Imitation is when an individual or company observes what someone else is doing, and decides to mimic their actions in hopes of achieving identical results. Inventio more...