ABSTRACT

Abstract ..................................................................................................... 2 1.1 Introduction ...................................................................................... 2 1.2 Review of Literature ........................................................................ 4 1.3 Objectives ........................................................................................ 9 1.4 Methodology .................................................................................. 10 1.5 Findings ..........................................................................................11 1.6 Best HR Practices Adopted ............................................................ 14 1.7 Conclusion ..................................................................................... 26 1.8 Limitations and Future Scope ........................................................ 29

References ............................................................................................... 31

ABSTRACT

The business landscape is changing rapidly and the competing environment is getting increasingly complex. The four major characteristics that define the existing business environment are volatility, uncertainty, complexity, and ambiguity (VUCA). These four dimensions pose significant challenges for organizations, as they need to be fleet-footed in assessing the market situation and predicting the results of its actions.