Effective People Management in Software Industry

Abstract

Human Resource is the most important asset for any organization and it is the source of achieving competitive advantage. Managing human resources is very challenging as compared to managing technology or capital and for its effective management. The purpose of this paper is to identify the various people management skills needed for software industry, It includes various leadership skills such as Knowing Team Better, Creating a positive and Pleasant work environment, Communication with subordinates, Listening Skills, Appreciating and Motivating People, Effective Criticism, Avoid misuse of Power/Authority, Addressing the team and Personality Development. Indian software industry face crisis on retention and attrition strategies of talented workers. The effective people management will reduce the workforce attrition and enhance the job satisfaction of the employees working in software industry