Startergy for It Firms in India

Strategies for Enhancing war-riddenness of Firms, Industry Sectors and Country Sujata Rao* K.J. Soumya** Keywords : Small & Medium Enterprises, Sustainable Competitive Advantage, Competitive forces, Skill retention, Learning Organisation, Innovation, Technology Advances . Abstract India traversed from a controlled economy till 1990 into a liberalized one since thus. This big neuter attracted many foreign firms and MNCs into the Indian market and forced the national players to adopt strategies to guard their arena. Acquiring customers and access the markets which constitute emerging profitable growth from anywhere on the globe calls for enhancing competitiveness. gauge workforce, technology, pro-business environment are three basic aspects of the competitive strategy. A major precondition for competitiveness enhancement is the availability of sure-handed labour. Skills can be developed only through a commitment. We have all witnessed that rapid growth of the Newly Industrialising Economies (or NIEs), practically(prenominal) as South Korea and Taiwan, which were supported by the availability of masterful and highly educated workforce.

As Michael Porter suggests choosing a incomparable and valuable position rooted in systems of activities that are much more difficult to match would be essentially a strategy which can help in building up a sustainable competitive advantage. Indian companies with a vision, susceptibility, agree commitment, a change in mindset and a feel of urgency to face the competition in the years ahead will help them, their industry, and together the nation to build competency and continuous learning to result in innovativeness to sustain the contract of the growing global competition. Introduction It is not the strongest species that survive, nor the most intelligent, but the ones who are most responsive to change - Charles Darwin Strategies for enhancing competitiveness for India has scram the need of the hour. Our country experienced controlled economy till 1990 and then a... If you want to get a full essay, order it on our website: Ordercustompaper.com

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