STUDY OF HRM PRACTICES AND ORGANIZATIONAL CULTURE
In the globalized era, the changes in economic environment making the markets highly competitive. The economic, entrepreneurial and other growth are getting shaped by the market system. This makes the role of Human Resource Management (HRM) even more resilient. HRM has to accommodate the challenges posed by change management system, sustainability practices and procedures, cross cultural diversity management, innovation and entrepreneurial systems and compliance orientation in the organizational context. All these challenges form the part of the organizational culture and systematic collaborating of Human Resource Management (HRM) practices and organizational culture is key to achieve the organizational success. This paper proposes a conceptual examination of relationship between Human Resource Management (HRM) practices and organizational culture and their alignment. Lack of alignment of HRM practices and organizational culture in real industry is proved to be detrimental to the organizational performance and hence forms the research fissure and the basis of this research work.