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Ever since the industrial era started in 20th century, the necessity of skills and hiring of required supportive skills started forming the human capital management. India witnessed the organized form of recognizing the need of personnel function somewhere in 1920's with a deep concern for labour welfare in manufacturing facilities. By the end of 90’s globalization and the era of Information and technology have posed multiple challenges & complexities for the businesses to operate in globally competitive market. Human capital has gained not only competence with the globalization but also opportune to leverage potential to perform to next level with the rapid expansion of off shore businesses in India. This need of the business opened new market of professionalised consulting in Human Capital Management to focus the area of Talent Management, Organizational Development, Employee engagement, Organizational Effectiveness, Learning & development for such professional who were coming from unionised & legislative environment.
This story is from the September 2016 edition of Consultants Review.
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This story is from the September 2016 edition of Consultants Review.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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