It is a comprehensive strategy for permanently restructuring the welfare state and public services in the interests of capital” (Whitfield, 1983). Economists have sought to analyse privatisation using theories of market failure, public choice, property rights and the principal-agent
international levels have been achieved. Transforming The Organization ONGC has undertaken an organization transformation exercise in which HR has taken a lead role as a change agent by evolving a communication strategy to ensure involvement and participation among employees in various work centres. Exclusive workshops and interactions/brainstorming sessions are organized to facilitate involvement of employees in this project. Participative Culture