Vital Strategies Discriminating Global and Local Organizations in India

Abstract

All organizations need a constant monitoring on the environmental turbulence in order to gain sustained competitive advantage. Particularly the strategies of the organizations have to be reframed to overcome the impact of any change. This article applied multiple discriminant analysis to determine the difference between the strategies of differently owned organizations in India and to determine strategies accounting the most for the differences in the organizations. The results predict that employee relations was the most contributing variable for discrimination followed by implementation of business strategies, training and development, compensation, performance management, HR strategies, perception about HR managers and HR planning. The study contributes to Indian organizations as well as foreign MNCs which operate in India to accommodate multiple constituents’ perception while drafting their future strategic plans.