Strategic Organizational Response of an Indo-Japenese Joint Venture to Indian's Economic Liberalization

Ashok Som ()

No DR 03023, ESSEC Working Papers from ESSEC Research Center, ESSEC Business School

Abstract: The Indian economy began its liberalization process in 1991 under the structural adjustment program of the IMF and the World Bank. The structural adjustment program required India to deregulate in a phased manner, eliminate the license regime and to open its economy to foreign capital. With the opening of the economy, the Indian market has become intensely competitive and turbulent with the entry of greater foreign participation. This paper tries to build a conceptual model of strategic response through effective human resource management policies and practices within such a market environment. The article tries to understand this phenomenon from a contingency perspective through a single detailed case-study of an Indo-Japanese Joint Venture. Several issues relating to organizational redesign, effective corporate responses like organizational redesign, professional and employee oriented modes of management and a hybrid model of Indo-Japanese HRM interventions are discussed.

Keywords: Liberalization; Corporate response; Organizational design; Japanese management systems; Human resource management (search for similar items in EconPapers)
JEL-codes: F23 M12 N85 P13 (search for similar items in EconPapers)
Pages: 36 pages
Date: 2003-09
New Economics Papers: this item is included in nep-his and nep-sea
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