Investment in Workforce

Investment in workforce

“INVESTMENT IN WORKFORCE -SUCCESS OF INDIAN INDUSTRIES”

Dr. P. Chitramani

Associate Professor

Avinashilingam School of Management and technology

Avinashilingam Deemed University for Women

Coimbatore -641 043

And

Ms. S.MUMTAJ

Research Scholar - Master of Philosophy

Business administration

Avinashilingam School of Management and technology

Avinashilingam Deemed University for Women

Coimbatore -641 043

E-mail:lalu_wasim@yahoo.co.in

INVESTMENT IN WORKFORCE -SUCCESS OF INDIAN INDUSTRIES

WORKFORCE INVESTMENT

The company is investing in workforce of the employees to gain the employees knowledge, skills, and even in their career. The company also invests in their workforce with an objective to earn profit. The ultimate goal of investment is to develop the workforce. Workforce development means developing the people in the organization to improve their way of delivering the product, services and activities.

WHY WORKFORCE INVESTMENT IS NEEDED?

The workforce investment is needed to develop the company’s infrastructures and the company’s employee status.

The company is also investing in their workforce to face their competition.

The investment in the workforce of the employees will increase the company’s production.

The workforce investment is needed to train and develop the employees in and out of the company to improve their career.

The paper focus on the success stories of Reliance Communication, Reliance Fresh Retail shop and Tata Consultancy Services due to workforce investment.

RELIANCE COMMUNICATION

Reliance Communications formerly known as Reliance Infocomm, along with Reliance Telecom and Flag Telecom, is part of Reliance Communications Ventures. Reliance Communications Limited founded by the late Shri Dhirubhai H Ambani (1932–2002) is the flagship company of the Reliance Anil Dhirubhai Ambani Group. The Reliance Anil Dhirubhai Ambani Group currently has a net...