STRATEGIC HUMAN CAPITAL MANAGEMENT IN MANUFACTURING INDUSTRIES: AN EVALUATION OF ORGANIZATIONAL EFFECTIVENESS

Abstract Strategic human capital management (SHCM) is considered indispensable in organizations to enhancing value of the business. SHCM is a people focused approach to HR and includes various functions starting from recruitment to employee training, performance management and employee retention. The present study was focused on examining the impact of SHCM practices on organizational effectiveness. The research was done in three large manufacturing industries in Kakinada, Andhra Pradesh, India. Structured questionnaire was framed on various SHCM practices and distributed to employees to collect their responses Employee responses were analyzed through SPSS software for statistical analysis. The main objective of this study is to identify the association between SHCM practices and organizational effectiveness. This study is important for organizations for identifying the need of implementation of SHCM practices for better outcomes. SHCM is considered as essential for all HR related initiatives. The study results revealed that SHCM has a strong impact on organizational effectiveness.