From local to global HRM: interviews with HR heads in emerging Indian multinationals. (1st January 2014)

• Record Type: Journal Article
• Authors: Thite, Mohan
• Is Part Of: International journal of Indian culture and business management. Volume 9:Number 2(2014)
• Page Start: 151
• Page End: 163
• Publication Date: 2014-01-01
• Subjects: India -- emerging Indian multinational enterprises -- evolution of HRM in Indian multinationals -- managing global workforce -- future outlook for HRM in India; Management -- India -- Periodicals; Management; India; Periodicals; 658.0095405
• Languages: English
• ISSNs: 1753-0806

Abstract

Since the opening up of the Indian economy in early 1990s, Indian firms in general have made big strides in increasing their global competitiveness, both at home and abroad. The speed and scale of their internationalisation in the last decade are particularly note-worthy as they increase their foreign direct investment (FDI) in both the developed and developing markets. The availability and management of talent are seen to be one of their key competitive advantages. In this paper, the heads of human resources (HR) in four emerging Indian multinationals, in automotive, information technology (IT) services, bio-pharmaceutical, and conglomerates in multiple business segments, are interviewed on three main themes, namely, the evolution of HRM, the role of HRM in managing global operations/workforce and the future outlook and challenges for HRM. The interviews provide valuable insights into the state of HRM in multinationals from emerging economies and stress the need for both Western and emerging economy multinationals to learn from each other in a multi-polar world.