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.
Cite this article:
A. K. Das Mohapatra. The Changing Role of HR in Corporate Value Creation. Asian J. Management 3(2): April-June, 2012 page 59-61.