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project report on laws

Feb 27, 2018

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    LITERATURE REVIEW FOR

    IMPACT OF MERGERS &

    ACQUISITIONS ON

    Human Resource Practices in IT

    Industry

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    CONTENT OF RESEARCH ABSTRACT INTRODUCTION LITERATURE REVIEW RESEARCH OBECTIVE

    !AP ANAL"SIS # WHAT HAS NOT BEENCOVERED IN PREVIOUS RESEARCH ON THISTOPIC$

    SI!NI%ICANCE O% PROPOSED STUD" RESEARCH DESI!N& DISCUSSION AND CONCLUSION %UTURE SCOPE O% STUD" RE%ERENCES

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    ABSTRACT Whenever a merger or any acquisition is announced in any

    industry and in any geography of the world, the rst questionthat comes to mind whether it the economists or industryspecialist or the employees themselves is how much is thenancial gain? There is no or little argument on the impact on theemployees and relevant human resources (HR related practices,issues and outcomes perspective that would also !e changingwith any merger or acquisition" #ompanies do pay considera!le

    attention to nancial and strategic issues during mergers andacquisitions, !ut they frequently neglect human resource issues"The role of people is often placed in a marginal position, andmost of the energy is invested in strategic and nancial planning"$t will !e argued here that pro!lems of human resources should,

    however, !e given a high priority, along with strategic issues, toincrease the li%elihood of a successful com!ination" &astliterature has !een reviewed across the geographies andindustries on this topic to assess the impact" $t has !eeno!served that the study so far has !een ma'orly focused on )

    !an%ing industry" However there have !een studies from thehuman resource perspective !ut $ndian su!continent related and

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    INTRODUCTION Accordin' to NASSCO( )Strate'ic Re*ie+ ,-.-/ re0ort1 t2e '3o4a3

    IT 0roducts and ser*ices re3ated s0endin' reac2ed US5 .67 tri33ion

    in ,--8 9%".-:6 T2is +as a dec3ine o; ,68< o*er ,--=6 T2e '3o4a32ard+are mar>et +as 2it +orse t2an so;t+are or ser*ice mar>etsas a resu3t o; t2e c2an'in' economic out3oo>1 +it2 a3most =-)T )T2$)94C4#))

    /.4@-. TR92

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    3. DESIGN/METHODOLOGY

    $n this research ve papers which are pu!lished inprominent HR 'ournals were scanned and those pu!lishedduring last ve year period were %ept under sharp focus">apers pertaining to the eld of HR and organiAationalperformance were categoriAed and e0amined in detail"

    >apers were qualitatively classied in accordance withselected dimensions" >rocess ena!led the researcher tocarry out a systematic review and e0plore newdimensions and those not adequately covered in thee0isting literature" $t is a structured overview adequately

    reIecting upon salient and most pertinent aspects"

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    Finding and cnc!"#in#

    To ma0imiAe chance of success, it is important tounderstand the levels of support and resistancein an organiAation567J have the 2riveK 67Jresist 3 L7J are the undecided ma'ority who

    support or o!serve" @oth sides (2rive 3 Resisttry to inIuence the MundecidedN to move to t2eirsside a delicate !alance

    Resistance occurs

    >olicies 3 >ractices HR $ssues Hr 4utcomes HR policies

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    F"$"%& Sc'& ( #$"d)

    $n future, a descriptive study can !e ta%en uptovalidate the hypotheses" The scope of e0isting studyis limited to the fact that the research will !econducted with only those individuals who had !een

    through the entire lifecycle of merger acquisitionand pro!a!ly found them good enough or theywaited on to see how things shape up" -s otherwisethe other research conducted so far on this topicindicate that many O67J of the wor%force of the

    child company resigns even !efore the integrationactivities are completed" ay !e they were toofeared of the fact of post integration era and hasminimal condence level on the leadership

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    REFERENCES

    9ishith 2esai -ssociates, (6787, Pergers andacquisitions in $ndia (with specic reference tocompetition lawQ, www"nishithdesai"com,Ce!ruary 6787 (4nline at http5mpra"u!"uni+

    muenchen"de8=6E>R- >aper 9o" 8=6E,posted 8F" 2ecem!er 677= 8F57E

    2aniel, Teresa -" (6787, Panaging humanresources in mergers 3 acquisitionsQ, )HR,

    @usiness leadership discipline, 2ecem!er 6787" :ohnson, .inda )"(6777, PThe Human Resource

    >erspective in ergers and -cquisitions5 9on+@enets $ssuesQ, )HR, :uly 6777