Reviewing the role of established HRM practices in SSI’s performance & Development An evaluative study of Dehradun, Uttarakhand, India

Abstract

Purpose – The study aims to investigate the impact of Human Resource Management (HRM) practices on the performance of Small Scale industries and entrepreneurship development in Dehradun, Uttarakhand, India. The focus is on identifying the key performance indicators of the firms and examining how HRM practices are associated with these indicators.

Design/methodology/approach –study aimed to investigate the role of management practices in the performance of small scale industries and entrepreneurship development. The study used a structured questionnaire to collect data from 100 entrepreneurs to determine whether they followed established industrial practices based on management principles and how these practices affected their businesses. The study used multiple regression to analyze the results.

Multiple regression is a statistical technique used to examine the relationship between two or more variables. In this case, the study likely used multiple regression to analyze the relationship between management practices and SME performance. The study may have used various independent variables, such as the use of human resource management practices, financial management practices, or marketing management practices, to predict the dependent variable, SME performance.

Findings – The research confirmed that incorporation of human resource management practices are very important for growth and development of SSI’s sector in study area. The different predictors of HRM like training and development, employee engagement, proper industrial relation practices & recruitment & selection procedure have a significant impact on various set of dependent variables of performance included in the study.