- Title
- Profiting from people management practices: an introduction
- Creator
- Malik, Ashish; Rowley, Chris
- Relation
- Business Models and People Management in the Indian IT Industry: From People to Profits p. 1-12
- Publisher
- Routledge
- Resource Type
- book chapter
- Date
- 2015
- Description
- From humble beginnings in the early 1970s, the Indian IT industry has come a long way. Current estimates suggest that the Indian IT industry has revenues in excess of US$118 bi1lion and employs around three mil1ion people. Numerous metaphors have been used to portray the growth story of India's IT industry, for example, the 'horse that flew', the story of 'blind men and the elephant' and 'from underdogs to tigers' are among the most popular discourses. Our book is different from earlier expositions on the Indian IT industry (Arora and Gambardella, 2006; Banerjee, 2004; Budhwar and Bhatnagar, 2009; Thite and Russe11, 2009). While these accounts have tended to focus on the supply and demand side dynamics of human capital and related explanations of growth, our collection differentiates on a number of fronts. First, it offers an inclusive theoretical framework for examining the innovative approaches to the strategic management of human resources (HR) in the IT industry. By adopting a number of theoretical frameworks, richer explanations of business models can be uncovered. Second, it offers a much more nuanced view of how managers, entrepreneurs and consultants operating in the Indian IT industry have contributed to exploring and exploiting human capital opportunities at various stages of the industry's evolution. These diverse groups of stakeholders implemented numerous changes to business models and HR management (HRM) practices to sustain high levels of growth. Third, it presents expert content and views from academics and practitioners who are actively researching and practicing in the Indian IT industry. Thus, our book is also an unique attempt to bridge the commonly noted practice-to-theory and theory-to-practice gaps (Swanson, 1997) prevalent in the Indian IT industry. Also, following the ethos of the 'Working in Asia' series, it gives 'voice' to organisations and practitioners. Finally, it presents an evidence-based analysis of how the industry has remained competitive in a constantly changing environment. Our book will benefit practitioners, scholars and researchers of management, particularly in HRM and strategic management.
- Subject
- Indian IT industry; human resource management; strategic management; business models
- Identifier
- http://hdl.handle.net/1959.13/1309529
- Identifier
- uon:21901
- Identifier
- ISBN:9781138783188
- Language
- eng
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