Professor, Dept. of Business Administration, Sambalpur University, Odisha, India
*Corresponding Author E-mail: akdm.2002@gmail.com
Online published on 8 February, 2013.
Businesses across sectors have witnessed an unprecedented change in the recent past. Technological advancements, IT revolution, economic liberalization, newer business opportunities in areas like genetic engineering, nanotechnology, optical electronics, biomedical engineering and a host of alike factors coupled with issues of climate change, inclusive growth and good governance have brought both threats and opportunities to businesses across sectors. Companies, in order to stay competitive and create value for their stakeholders need to realign their strategies in the form of corporate restructuring with the HR at the centre stage.
Corporate governance, corporate restructuring, business process reengineering (BPR), enterprise resource planning (ERP), outsourcing, downsizing, divestment, total quality management(TQM), brand acquisition, debt securitization, factoring, Shareholders Value Added (SVA), Market Value Added (MVA) and Economic Value Added (EVA), Market-to-Book-Value
