Significance of HRM Practices in Start Up Industries in Madhya Pradesh

Nowadays, operating effectively and smoothly in a competitive and rapidly changing diversified setting is a huge problem for employers in the corporate world. To thrive in todays intricate business environment, organizations must use unique strategies. We are all aware that the M5 Man, Machine, Material, Money, and Method are essential for the operation of any organization. Comparing those M5, or managing man, or human resource, to the rest of M4, which are properly linked to work processes due to human intellectual capital in order to effectively accomplish organizational goals, is extremely tough. Organizational performance is more efficient when HRM procedures are effective. This research emphasizes the function of contemporary HRM techniques. The purpose of the research is to find out how employees feel about present HRM procedures and how to improve them, with a particular emphasis on Madhya Pradeshs IT sector. Mr. Sarvesh Shukla | Dr. Neha Mathur "Significance of HRM Practices in Start-Up Industries in Madhya Pradesh" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd63434.pdf Paper Url: https://www.ijtsrd.com/management/hrm-and-retail-business/63434/significance-of-hrm-practices-in-startup-industries-in-madhya-pradesh/mr-sarvesh-shukla