December 2018
Intermediate to advanced
369 pages
16h 26m
English
Content preview from Strategic Human Resource Management and Development, 1st Edition by Pearson
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328 Strategic Human Resource Management and Development
is bound to be high but it must be kept within reasonable limits. Air India embarked on a eet acquisi-
tion plan costing Rs. 44,000 crore on a paid-up capital of Rs. 145 crore. This was a recipe for disaster.
One of NACIL’s new directors, Amit Mitra, also the Secretary-General of the Federation of Indian
Chambers of Commerce and Industry (FICCI), says drastic workforce restructuring is required. “The
cost overhead is high and needs to change. But if there is an issue of workforce restructuring and it
becomes a politically sensitive issue, one can look at enlarging the customer base.”
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