Incorporating Psychological Contract into the Sustainable HRM Model

Sustainable human resource management (HRM) is heralded as the successor to strategic HRM by providing a more holistic view of people management that balances the goals of the present without jeopardising the needs of the future. Shifting focus from immed

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Sustainable Human Resource Management Transforming Organizations, Societies and Environment

Sustainable Human Resource Management

Sita Vanka Madasu Bhaskara Rao Swati Singh Mallika Rao Pulaparthi •





Editors

Sustainable Human Resource Management Transforming Organizations, Societies and Environment

123

Editors Sita Vanka School of Management Studies University of Hyderabad Hyderabad, Telangana, India

Madasu Bhaskara Rao ICFAI Business School ICFAI Foundation for Higher Education Hyderabad, Telangana, India

Swati Singh School of Management Studies University of Hyderabad Hyderabad, Telangana, India

Mallika Rao Pulaparthi KL Business School Koneru Lakshmaiah Education Foundation Guntur, Andhra Pradesh, India

ISBN 978-981-15-5655-5 ISBN 978-981-15-5656-2 https://doi.org/10.1007/978-981-15-5656-2

(eBook)

© Springer Nature Singapore Pte Ltd. 2020 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, expressed or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. This Springer imprint is published by the registered company Springer Nature Singapore Pte Ltd. The registered company address is: 152 Beach Road, #21-01/04 Gateway East, Singapore 189721, Singapore

Preface

Traditional organizations were primarily driven by profit motive with the basic objective of wealth maximization. The economic expansion was often equated with the success of the organization. These organizations operated in the local/regional market with limited players. The last three decades have witnessed a paradigm shift in the way organizations conducted their operations. Many factors contributed to it, with Competition and performance culture among others, forcing organizations to look beyond the traditional way of conducting their operations to sustain themselves. Thus, sustainability was brought into the center-stage of organizational survival, renewal, growth and success. Worldwide policies and regulations, coupled with national priorities, broug