THE IMPACT OF STRATEGIC HUMAN CAPITAL MANAGEMENT PRACTICES ON ORGANIZATIONAL EFFECTIVENESS IN MANUFACTURING INDUSTRIES

Abstract Strategic human capital management (SHCM) practices have great importance to create the value for the employees. The present study assesses the impact of SHCM practices on manufacturing industries in Kakinada, Andhra Pradesh, India. The main objective of this study is to assess the effect of SHCM practices on organizational effectiveness. The various key practices of SHCM include man power planning, recruitment and selection, onboarding, competency policy, coaching and mentoring, employee training, competency and career development plan and employee retention are taken to collect relevant data and to identify the outcomes based on the employee responses. A total of 600 questionnaires were distributed to the employees and 535 responses were received. Statistical package for social sciences 8.1.1, AMOS version 26 was used for data analysis and interpretation. The results state the need of implementing SHCM practices to enhance the skills of the employees and to exhibits the competencies of the organization.