Open Access Open Access  Restricted Access Subscription Access
Open Access Open Access Open Access  Restricted Access Restricted Access Subscription Access

Human Resource Management in Indian Central Public Sector Enterprises: Issues and Challenges


Affiliations
1 School of Management Studies, University of Hyderabad, Karnataka, India
     

   Subscribe/Renew Journal


Globalization coupled with the endeavors towards liberalization and privatization has resulted in drastic changes in the environment of public sector enterprises which in turn has affected the manner in which these enterprises conducted their businesses, both internal and external. Public Sector enterprise once looked upon as 'model employers' are today facing tremendous challenges in terms of attracting and retaining talent. There is an urgent need for adopting a correct suitable approach towards the employees, considering them as strategic resource. CPSEs have to bring an overall change in their attitude in dealing with people. Central Public Sector Enterprises (CPSEs) having recognized the need for building a performance oriented culture in order to survive and sustain competition needs to adopt a strategic approach to people management issues. In the given context the paper aims at highlighting the HR issues in CPSEs at the same time trying to understand the strategies that CPSEs needs to adopt towards is most precious resource.

Keywords

Central Public Sector Enterprises (CPSEs), Challenges, Globalization, Human Resource Management, Strategies.
User
Subscription Login to verify subscription
Notifications
Font Size

  • L. Burton, “The next big thing,” People Dynamics, vol. 21, no. 2, pp. 22-23, 2003.
  • D. Chauhan, and S. P. Chauhan, “Future directions for HRD: Aligning the HR function to organizational goals,” Management and Change, vol. 6, no. 2, 2002.
  • dpemou.nic.in/MOU Files/HRM Guidelines.pdf. Retrieved from http://dpe.nic.in/sites/upload_files/dpe/files/pesurvey_14_15/vol1/PES_English_ Vol_1_2014_15.pdf on 20th January, 2016.
  • C. J. Fombrun, “The external context of human resource management,” In C. J. Fomburn, N. M. Tichy, and M. A. Devanna, (Eds.), Strategic Human Resource Management, New York: John Wiley and Sons, pp. 318, 1984.
  • Government of India Ministry of Heavy Industries and Public Enterprises Department of Public Enterprises Guidelines for Administrative Ministries / Departments and Central Public Sector Enterprises. Retrieved from http://dpe.nic.in/sites/upload_files/dpe/files/ COMPENDIUM_DPE_GUIDELINES_31_03_2015.pdf on 20th February 2016.
  • K. A. Golden, and V. Ramanujam, “Between a dream and a nightmare: On the integration of die human resource management and strategic business planning processes,” Human Resource Management, vol. 24, no. 4, pp. 429-452, 1985.
  • C. A. L. Hall, and M. L. L. Hall, “Strategic human resources management: A review of the literature and a proposed typology,” Academy of Management Review, vol. 13, no. 3, pp. 454-470, 1988.
  • M. L. L. Hall, C. A. L. Hall, L. S. Andrade, and B. Drake, “Strategic human resource management: The evolution of the field,” Human Resource Management Review, vol. 19, no. 2, pp. 64-85, 2009.
  • Z. I. Jadoon, “A coalignment model for analysis of public enterprises,” South Asian Journal of Management, vol. 1, no. 1, pp. 34-43, 1994.
  • Public Sector Enterprises – Transformation, competitiveness and Sustainability. Retrieved from http://www.kpmg.com/IN/en/IssuesAndInsights/ ThoughtLeadership/Public-Sector-Enterprises.pdf
  • http://dpe.nic.in/sites/upload_files/dpe/files/Corporate_ Governance%20_Grading_Report_for_the_Year_201011.pdf
  • MoU Ratings and composite scores of CPSEs based on audited data (1989-2009). Retrieved from http://dpe.nic.in/pesurvey/HRating/hrating.pdf
  • Ministry of Heavy Industry, GoI, Statement on Industrial Policy Ministry of Heavy Industries and Public Enterprises, 1991.
  • G. S. Rao, K. R. S. Sastry, K. S. N. Raju, and R. K. Mishra, Compensation in Public Enterprises, Private Enterprises and MNCs in India, Academic Foundation, pp. 178-180, 2011.
  • Public Enterprises Survey (2014-2015). Volume – I Annual Report on the performance of Central Public Sector Enterprises. Retrieved from http://dpe.nic.in/ sites/upload_files/dpe/files/pesurvey_14_15/vol1/PES_ English_Vol_1_2014_15.pdf on 4th May, 2016.
  • Report of Panel of Experts on Reforms in Central Public Sector Enterprises (CPSEs). Retrieved from http://planningcommission.nic.in/reports/genrep/rep_cpse1912.pdf on 26th November, 2015.
  • Second Pay Revision Committee, The Second Pay Revision Committee Report for the Executives of Central Public Sector Enterprises (CPSEs), 2008. Retrieved from http://dpe.nic.in/newpayrevision/ PayRevision.htm.
  • A. K. Singh, “HRD practices and philosophy of management in Indian organizations,” Vikalpa, vol. 30, no.2, pp. 71-79, April-June 2005.
  • P. Singh, and R. K. Mishra, “Performance Related Pay in Central Public Sector Enterprises in India,” Indian Journal of Industrial Relations, vol. 49, no. 2, pp. 314327, 2013.
  • World Public Sector Report, Globalization and the State, New York: United Nations, 2001.

Abstract Views: 218

PDF Views: 6




  • Human Resource Management in Indian Central Public Sector Enterprises: Issues and Challenges

Abstract Views: 218  |  PDF Views: 6

Authors

Punam Singh
School of Management Studies, University of Hyderabad, Karnataka, India

Abstract


Globalization coupled with the endeavors towards liberalization and privatization has resulted in drastic changes in the environment of public sector enterprises which in turn has affected the manner in which these enterprises conducted their businesses, both internal and external. Public Sector enterprise once looked upon as 'model employers' are today facing tremendous challenges in terms of attracting and retaining talent. There is an urgent need for adopting a correct suitable approach towards the employees, considering them as strategic resource. CPSEs have to bring an overall change in their attitude in dealing with people. Central Public Sector Enterprises (CPSEs) having recognized the need for building a performance oriented culture in order to survive and sustain competition needs to adopt a strategic approach to people management issues. In the given context the paper aims at highlighting the HR issues in CPSEs at the same time trying to understand the strategies that CPSEs needs to adopt towards is most precious resource.

Keywords


Central Public Sector Enterprises (CPSEs), Challenges, Globalization, Human Resource Management, Strategies.

References