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Prabandhan: Indian Journal of Management

ISSN: 0975-2854 Frequency: Monthly Peer Review: Double-blind Published since: 2008 Language: English
A publication of AMCPL
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HCM Practices and its Impact on Turnover, Profitability, and Sustainability in the Indian Business Environment

Open Access Original Article

HCM Practices and its Impact on Turnover, Profitability, and Sustainability in the Indian Business Environment

Vivek Pandey1

1 Chief Operating Officer, AG Technologies Pvt. Ltd., MIDC, Marol, Andheri (East), Mumbai - 400 093

Volume 6
Issue 11
Pages 5–12
Year 2013
Received: Aug. 6, 2013 Accepted: Oct. 2, 2013 Published: Nov. 1, 2013
Abstract

Human Capital is the most important asset for any organization, and it is a unique source of achieving competitive advantage. Human Capital Management (HCM) practices refer to organizational activities directed at managing the pool of human resources and ensuring that the resources are employed by maximizing their competencies towards the fulfillment of organizational financial and non-financial goals. Competitive advantage of a company can be generated from human resources, and company performance is influenced by a set of effective HCM practices. 9 Industries, 23 Sectors, and 109 organizations across India were covered under the present study of HCM practices and related processes maturity to study its impact on turnover, profitability, and sustainability.

Keywords Human Capital Management Turnover Profitability Sustainability Continuous Capability Improvement Workforce Practice Innovation Workforce Performance Alignment Competency Integration Workgroup Development
How to Cite

Vivek Pandey (2013). HCM Practices and its Impact on Turnover, Profitability, and Sustainability in the Indian Business Environment. Prabandhan: Indian Journal of Management, 6(11), 5–12. https://doi.org/10.17010/pijom/2013/v6i11/60040

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