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

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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.

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  • Som, Ashok, 2003. "Strategic Organizational Response of an Indo-Japenese Joint Venture to Indian's Economic Liberalization," ESSEC Working Papers DR 03023, ESSEC Research Center, ESSEC Business School.
    • Handle: RePEc:ebg:essewp:dr-03023
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    1. Allan Blrd & Schon Beechler, 1995. "Links Between Business Strategy and Human Resource Management Strategy in U.S.-Based Japanese Subsidiaries: An Empirical Investigation," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 26(1), pages 23-46, March.
    2. Schon Beechler & John Zhuang Yang, 1994. "The Transfer of Japanese-Style Management to American Subsidiaries: Contingencies, and Competencies," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 25(3), pages 467-491, September.
    3. Pierre Dussauge & Bernard Garrette, 1999. "Cooperative Strategy - Competing Successfully through Strategic Alliances," Post-Print hal-00706251, HAL.
    4. Motohiro Morishima, 1995. "Embedding HRM in a Social Context," British Journal of Industrial Relations, London School of Economics, vol. 33(4), pages 617-640, December.
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    More about this item

    Keywords

    Liberalization; Corporate response; Organizational design; Japanese management systems; Human resource management;
    All these keywords.

    JEL classification:

    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • M12 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Personnel Management; Executives; Executive Compensation
    • N85 - Economic History - - Micro-Business History - - - Asia including Middle East
    • P13 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Cooperative Enterprises

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