Empowerment as an Effective Instrument of Modern Organizations to Face the GlobalisedLiberalised Challenges: A Study

Abstract

there is dire need for paradigmatic shifts in management strategies for business organizations in India, in today's highly
competitive global scenario. Empowerment is a recent managerial 'mantra' for managing and facilitating human
development. It is important to scrutinize the changing roles and attitudes of human resource for public and private sector
which coexist on Indian scene. The present study on empowerment of executive!managers of four well- performing Indian
organizations (two each from public and private sectors) belonging to four vital sectors of economy, namely banking, oil &
energy, electronics& communication and automobiles has been undertaken. The study has shown that public sector units
are as well or even better tuned to meet the challenges of business by empowered, committed professionalism of the
executives/managers. They> are at pains to train and teach themselves to meet the demands of time for survival and
prosperity for themselves and their organizations. Our findings are corroborated by certain other recent HRM studies of
public sector organizations elsewhere in India.