Asian Journal of Management

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The Changing Role of HR in Corporate Value Creation


Affiliations
1 Dept. of Business Administration, Sambalpur University, Odisha, India
     

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Businesses across sectors have witnessed an unprecedented change in the recent past. Technological advancements, IT revolution, economic liberalization, newer business opportunities in areas like genetic engineering, nanotechnology, optical electronics, biomedical engineering and a host of alike factors coupled with issues of climate change, inclusive growth and good governance have brought both threats and opportunities to businesses across sectors. Companies, in order to stay competitive and create value for their stakeholders need to realign their strategies in the form of corporate restructuring with the HR at the centre stage.

Keywords

Corporate Governance, Corporate Restructuring, Business Process Reengineering (BPR), Enterprise Resource Planning (ERP), Outsourcing, Downsizing, Divestment, Total Quality Management(TQM), Brand Acquisition, Debt Securitization, Factoring, Shareholders Value Added (SVA), Market Value Added (MVA) and Economic Value Added (EVA), Market-To-Book-Value.
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  • The Changing Role of HR in Corporate Value Creation

Abstract Views: 263  |  PDF Views: 0

Authors

A. K. Das Mohapatra
Dept. of Business Administration, Sambalpur University, Odisha, India

Abstract


Businesses across sectors have witnessed an unprecedented change in the recent past. Technological advancements, IT revolution, economic liberalization, newer business opportunities in areas like genetic engineering, nanotechnology, optical electronics, biomedical engineering and a host of alike factors coupled with issues of climate change, inclusive growth and good governance have brought both threats and opportunities to businesses across sectors. Companies, in order to stay competitive and create value for their stakeholders need to realign their strategies in the form of corporate restructuring with the HR at the centre stage.

Keywords


Corporate Governance, Corporate Restructuring, Business Process Reengineering (BPR), Enterprise Resource Planning (ERP), Outsourcing, Downsizing, Divestment, Total Quality Management(TQM), Brand Acquisition, Debt Securitization, Factoring, Shareholders Value Added (SVA), Market Value Added (MVA) and Economic Value Added (EVA), Market-To-Book-Value.