Applying the Hindu four stage life cycle model to human resource management
by Scott Walsworth; Suresh Kalagnanam
International Journal of Indian Culture and Business Management (IJICBM), Vol. 6, No. 4, 2013

Abstract: As a way of mitigating risk, management and investors focus on short-term measures of firm performance. Consequently, there is diminished incentive to incur short-term loss to secure long-term growth. Two resulting human resource (HR) challenges are explored. First training and development for new employees is avoided. Secondly, the emphasis on short-term measures contributes to low employee morale. We apply the four stage life cycle model from Hinduism which identifies the major stages in an employee's career as well as the important HR functions in each stage. We then develop a framework that positions training and development and knowledge transfer as an important competitive advantage.

Online publication date: Sat, 30-Nov-2013

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