HR Strategies for Sustainability of Turnaround - a Case Study of Rourkela Steel Plant

Archana Choudhary and Asmita Jha

Management and Labour Studies, 2010, vol. 35, issue 3, 385-398

Abstract: People are the most important resource for any organisation. Investing in human resources can go a long way in building a strong organisation capable of facing the toughest of challenges. Based on this premise began the voyage of Rourkela Steel Plant's (RSP) turnaround which is unique in terms of mass participation and involvement of employees having taken place without aid of any external factor or resources sustained over a long period of time and is still continuing. A series of initiatives were taken to tap the unlimited potential of human resources and whose focal point was survival and future of RSP, later metamorphosed to profitability and prosperity of RSP. This article is an attempt to discuss and analyse in detail the various HR strategies taken by RSP to sustain the turnaround in the long term.

Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:sae:manlab:v:35:y:2010:i:3:p:385-398

DOI: 10.1177/0258042X1003500305

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