HUMAN RESOURCE PRACTICE TYPES BEING FOLLOWED IN INDIAN ENTREPRENEURIAL ORGANIZATIONS WITH FOCUS ON SUCCESSION PLANNING PROCESS

Abstract

The primary aim of this study has been to examine the Human Resource (HR) Practice types which are being followed in various Indian Entrepreneurial Organizations with special focus on succession planning process. HR Practices provide a common understanding and order within the system. It is also a very important part of an organizations business strategy since people are working for an organization and creating a great enterprise heavily relies on how well and fairly, they are being treated. Additionally, organisations require a plan for creating, disseminating, and enforcing a set of rules and regulations that are compliant with the law and represent the proper conduct of their employees. Sound HR Practices also support the vision, mission and business strategy of an Organization. At the operational level of HR function, it helps HR Professionals to deliver in an objective way. This paper provides insights, as to the status of types of HR Practices being followed in Indian Entrepreneurial Organizations. It would help organizations to improve their HR practices. This paper also tests the relevance of influence of organization types on HR practices especially Succession Planning.