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Revolutionizing HR Systems and Practices in the Indian Tyre Manufacturing Industry Case Study of MRF

Journal: International Journal of Trend in Scientific Research and Development (Vol.8, No. 3)

Publication Date:

Authors : ;

Page : 77-83

Keywords : HR transformation; Indian tyre industry; MRF; innovation; organizational agility;

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Abstract

The Indian tyre manufacturing sector is amidst a profound metamorphosis in its HR systems and practices, with MRF spearheading innovative initiatives. This paper offers an in depth exploration of this transformative journey, amalgamating a rich tapestry of literature review, industry analysis, company overview, analysis of HR systems and work culture to unveil the driving forces, strategic maneuvers, and consequential impacts of this HR evolution. Central to this shift are the dynamic interplays of changing workforce demographics, rapid technological advancements, and the pressing need for organizational agility in a fiercely competitive landscape. MRF, as a vanguard in this domain, has strategically employed a spectrum of initiatives ranging from technology driven recruitment processes to the implementation of flexible work arrangements, setting a benchmark for industry peers.At the core of MRFs HR transformation lies a commitment to innovation, evidenced by its proactive adoption of cutting edge practices to enhance employee engagement, foster a culture of continuous learning, and drive organizational performance. Through a meticulous examination of MRFs journey, this paper illuminates the pivotal role played by innovation in reshaping HR paradigms within the Indian tyre industry. The ripple effects of these strategic initiatives are felt across various facets of organizational functioning, catalyzing improvements in productivity, talent retention, and overall business resilience. P. Shravan Kumar | Vaishali Shree "Revolutionizing HR Systems & Practices in the Indian Tyre Manufacturing Industry: Case Study of MRF" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-3 , June 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64832.pdf Paper Url: https://www.ijtsrd.com/management/other/64832/revolutionizing-hr-systems-and-practices-in-the-indian-tyre-manufacturing-industry-case-study-of-mrf/p-shravan-kumar

Last modified: 2024-08-10 18:01:57