The corporate strategy for alignment with socio-human development
By: Rao, G Venkat
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Material type: 
BookPublisher: Indian Journal of Training and Development Description: 50(1 &2), Jan, 2020: p.52-57.Subject(s): HRD, Vision and mission, Corporate social responsibility, Social business
In:
Indian Journal of Training and DevelopmentSummary: Human Resource Development is an important competitive factor in emerging economics. The Macro HRD is a measure of socio-economic progress with vital parameters. The present problem with human resources development at the macro level in India is the lack of basic facilities, clean hygienic life and requisite skills for employability. The cost of transition from agriculture to manufacturing and service economy is enormous. The free trade economy controlled by tariffs and regulations is impacting the common man in the form of insufcient income. The problem of employability of qualied personnel is a major issue in the Indian economy. The concept of social business promotes participatory approach. The involvement of people in business for economic empowerment is likely to address the employability issues. This paper examines Vision and Mission statements of selected Organisations which emphasis on inclusive development. The Vision statement presents the direction and approach for the business. The alignment of the Mission with the social objectives of the business is benecial for inclusive development. The wealth at the bottom of the society is an evolving concept. The Corporate Social Responsibility route may be exploited for inclusive development with promotion of social business. The analysis of the vision and mission statements of the selected Organizations was presented in this paper. The analysis was done on Prot Clause, Social Clause, Environment Clause, People Clause, Economic Upliftment Clause and Ethics Clause. The statements are inclusive except ONGC. – Reproduced
| Item type | Current location | Call number | Vol info | Status | Date due | Barcode |
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Articles
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Indian Institute of Public Administration | 50(1 &2), Jan, 2020: p.52-57 | Available | AR125203 |
Human Resource Development is an important competitive factor in emerging economics. The Macro HRD is a measure of socio-economic progress with vital parameters. The present problem with human resources development at the macro level in India is the lack of basic facilities, clean hygienic life and requisite skills for employability. The cost of transition from agriculture to manufacturing and service economy is enormous. The free trade economy controlled by tariffs and regulations is impacting the common man in the form of insufcient income. The problem of employability of qualied personnel is a major issue in the Indian economy. The concept of social business promotes participatory approach. The involvement of people in business for economic empowerment is likely to address the employability issues. This paper examines Vision and Mission statements of selected Organisations which emphasis on inclusive development. The Vision statement presents the direction and approach for the business. The alignment of the Mission with the social objectives of the business is benecial for inclusive development. The wealth at the bottom of the society is an evolving concept. The Corporate Social Responsibility route may be exploited for inclusive development with promotion of social business. The analysis of the vision and mission statements of the selected Organizations was presented in this paper. The analysis was done on Prot Clause, Social Clause, Environment Clause, People Clause, Economic Upliftment Clause and Ethics Clause. The statements are inclusive except ONGC. – Reproduced
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