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People Capability Maturity Model (P-CMM) Facing the Key HR Challenges of MSME in India: A Theoretical Approach Dangmei Jianguanglung* Research Scholar, Department of Business Management, Indira Gandhi National Tribal University (IGNTU), Amarkantak-484887 *Corresponding Author E-mail: joeldangmei@gmail.com
Online published on 17 July, 2017. Abstract Micro Small and Medium Enterprises (MSME) have a significant role in the growth of Indian economy and contribute to generating employment especially in the rural areas. But, the performances of the MSME in the globalization period have not been satisfactory as the number of sick MSME is increasing year by year. The MSME in India now face a tough competition from large industries and are not adequately equipped to compete with the global players. There are many challenges in the MSME of India and HR practices are one of the major problems. Many industries claimed that the P-CMM is a strategy for transforming an organization in the modern era by improving workforce practices progressively. Therefore, this paper specifically tries to enlighten the important of P-CMM and its relevant applications to solve the HR problems faced by the MSME of India. Top Keywords P-CMM, MSME, HR Challenges, Globalization, Indian Economy. Top | |
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