| The
last two decades witnessed unimaginable changes
in application of technology-propelled knowledge
in industry. Such knowledge has made its manifestation
in Information Technology based industry much
more than any other areas. The rapid growth of
knowledge driven IT industry has resulted in the
application of IT in every manufacturing and service
sector. For example, the automobile engine functions
by microchip propelled systems. The banking service
is today heavily dependent on IT enabled technology
so much so that the rule of competition is determined
by technology competence of the bank. The rapid
growth of IT sector in geometric proportions has
led to creation of an ocean of knowledge workers
in IT and related fields. IT industry in India
has crossed the one million mark in direct employment
of human resources by the end of 2004. It is expected
to increase to two million by 2008. This figure
is what is available in record on direct employment.
The indirect employment of IT oriented human resources
in manufacturing and service industries is countless.
What does the above-mentioned phenomenon indicate?
Every process in industry, no matter it’s
manufacturing, marketing, financial, logistics
or human resources related, is enhanced and
supported by IT enabled services. IT has become
the backbone of any industry making it inevitable
and strategic. The key to performance and growth
of IT organizations is effective management
of the human capital. For improvement of the
managerial systems and practices review of the
existing systems is necessary. Therefore an
ongoing research in the field of IT is full
of scope and usefulness. This research is relatively
new in India. |