Human resource management in the changing business environment of the indian construction industry: a case study analysis
Answers
Answered by
5
The case can be used on courses related to human resources management (HRM), which are offered in management programmes like MBA/PGDBM. The case could also be used in management development programmes, seminars and workshops that have HRM as a component of the programme. The case can be used effectively for classroom discussions as well as in distance learning programmes.
Case overview
The case looks into the HRM practices at a leading Indian construction company – ABC Constructions. The case tries to explain the management perspectives behind the people practice initiatives undertaken by the company in order to recruit/retain and nurture talent. The case also explains the basic principles underlying its human resource policies. It tries to explain the initiatives taken by ABC Constructions to meet the challenges posed by the changing business environment, as the company moves beyond the borders of the country of its initial operations. The case provides an overview of unique challenges faced by a company in the Indian construction industry, where a significant number of people executing its projects are not its permanent employees.
Answered by
0
➡️ Human Resources Management (HRM) plays a vital role in the success of any industry. It is more so in the case of the construction industry, particularly in India, as it is labor intensive. The construction industry in India has grown remarkably in terms of practices, technology and use of skills in the last few decades. A total investment of about USD 906 billion for the period 2012
–
➡️ 2016 in the Indian construction sector has been estimated and of this 49%, 43%, and 8% will be towards development in the infrastructure, real estate and industrial sectors, respectively (PwC, 2013). The construction sector in India is expected to grow at the rate of 8.9% on a year-on-year basis during 2013
–
➡️ 2018 (AECOM, 2013). Therefore, a special focus on the development of human resources with respect to the Indian construction sector gains importance. In order to keep pace with the needs of the construction sector in terms of human resources, we have to understand the present human resources management (HRM) practices and challenges prevailing in it. In this paper, we describe our effort to identify the HRM challenges prevailing in the Indian construction sector.
That's it..
Similar questions
Computer Science,
7 months ago
English,
7 months ago
Social Sciences,
7 months ago
Biology,
1 year ago