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Hurconomics for Talent Management: The Creation of a Business-driven HRD Missionary by T. V. Rao

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12

Hurconomics for CEOs

HR Interventions in Indian Companies

Many Indian corporations, their CEOs and HR directors have shown innovativeness and openness to change by initiating and managing modern HR interventions. However, it is common practice to abandon some of them after an initial trial period. Often, when such initiatives are given up, one of the reasons given is ‘We spent money but got very little out of it. The ROI is inadequate.’ It is worth examining why this is so and how the ROI on these interventions can be improved.

The following interventions have been made in the recent past in Indian companies:

  • Competency mapping
  • KPA-based performance management systems
  • 360° feedback
  • Psychometric testing
  • Training programmes, particularly ...

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