IS HR AS WE KNOW IT DEAD AND DONE?
Businessworld India|December 31, 2022
IN THE WORDS OF THE INDIAN HR (human resources) guru Prof. T.V. Rao, "HRD is a process by which the employees of an organisation are helped in a continuous and planned way to (i) acquire or sharpen capabilities required to perform various functions associated with their present or expected future roles; (ii) develop their general capabilities as individuals and discover and exploit their own inner potential for their own and/or organisational development purposes; (iii) develop an organisational culture in which superior-subordinate relationship, team work and collaboration among sub-units are strong and contribute to the professional well-being, motivation and pride of employees."
Srinath Sridharan and Steve Correa
IS HR AS WE KNOW IT DEAD AND DONE?

The origin of Indian HR arose from the need to manage skilling, training, motivation and industrial relations with the workforce. Today the HR function's role is to 'Attract, Retain, Develop and Engage the best of talent'.

Without much ado, HR and IR are simply 'orientations' of the labour/talent market. When labour demand exceeds supply, the issues are appropriately referred to as HR and when supply exceeds demand, the issues are Industrial Relations. Irrespective of what we call it, both HR and IR require a sound leadership to manage Human Resources. Work classes' form unions, once their individual bargaining powers get diminished, and relapse back to 'individual' bargaining / negotiations, when demand for their services are high (an example of pilots in India). More recently, there has been a growing concern about moonlighting, as clearly there is evidence of demand growing, particularly in the IT industry as we see a growing demand for skilled digital services.

The ABC of Leadership needs to be learnt and adapted to context. Leadership is an Art and a Craft, and in between this is Business. The HR function has evolved over the decades, to reflect the focus on the emergent needs of business, to take on more interesting titles to remain contemporary within the needs of the enterprise. From HR Director to Chief HR Officer, to Chief People Officer, there has been an existential crisis to remain relevant. Of particular interest has been the continuous clamour for having a seat at the table' a.k.a the coveted board position. Well, that's the scenario the world of HR is in. A state of crisis mode.

Diese Geschichte stammt aus der December 31, 2022-Ausgabe von Businessworld India.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der December 31, 2022-Ausgabe von Businessworld India.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS BUSINESSWORLD INDIAAlle anzeigen
MEMORIES & IMPRESSIONS
BW Businessworld

MEMORIES & IMPRESSIONS

Ratan Tata was an exceptional human being. He was a visionary leader, esteemed industrialist, and a humanitarian, who left an indelible mark on India and the world.

time-read
3 Minuten  |
October 19, 2024
The Robotaxi Market
BW Businessworld

The Robotaxi Market

The robotaxi market is shaping up to be a high-stakes battleground as tech giants and automakers race to transform urban mobility.

time-read
1 min  |
October 19, 2024
And the Nobel Prize Goes to AI
BW Businessworld

And the Nobel Prize Goes to AI

The recent Nobel Prize T awards to AI pioneers affiliated with Google have sparked a broader conversation about Big Tech's influence on research and the limitations of traditional prize categories.

time-read
1 min  |
October 19, 2024
Ola Electrified
BW Businessworld

Ola Electrified

Once considered a trailblazer in India’s electric vehicle (EV) ecosystem, Bhavish Aggarwal’s Ola Electric now faces a major accountability crisis.

time-read
1 min  |
October 19, 2024
Sharp Slide in Industrial Output on Eve of Deepavali
BW Businessworld

Sharp Slide in Industrial Output on Eve of Deepavali

India’s index of industrial production (IIP) saw a sharp reversal in August, contracting by 0.1 per cent, in stark contrast to the 4.7 per cent growth in July, mostly because of significant contractions in mining and electricity generation.

time-read
1 min  |
October 19, 2024
Heralding the Solar Era with Sustainable Electrification
BW Businessworld

Heralding the Solar Era with Sustainable Electrification

RAJEEV KASHYAP on the economics of solar power, the hurdles in scaling it, and much more

time-read
2 Minuten  |
October 19, 2024
A WELL-GREASED MACHINE
BW Businessworld

A WELL-GREASED MACHINE

The OmniBook X14 laptop runs on first-generation Snapdragon X Elite, which bets big on Al-enabled productivity and battery life, but falls short when it comes to overall experience, says Deep Majumdar

time-read
4 Minuten  |
October 19, 2024
DO NOT LETA HEALTH CRISIS RUIN YOUR FINANCIAL HEALTH
BW Businessworld

DO NOT LETA HEALTH CRISIS RUIN YOUR FINANCIAL HEALTH

For a family of four living in a metro, it is recommended to opt for a family floater health insurance plan with a sum insured of at least Rs 15-20 lakh

time-read
7 Minuten  |
October 19, 2024
Disruption Ahead: Beyond Organisation Charts and Structures
BW Businessworld

Disruption Ahead: Beyond Organisation Charts and Structures

ALBERT EINSTEIN FAMOUSLY said, “We cannot solve our problems with the same thinking we used when we created them.

time-read
3 Minuten  |
October 19, 2024
Dr. Rahul Shivajirao Kadam: A Visionary Leader Blending Sustainability, Innovation, And Social Empowerment
BW Businessworld

Dr. Rahul Shivajirao Kadam: A Visionary Leader Blending Sustainability, Innovation, And Social Empowerment

We are on the stage of global warming, and these technologies not only help prevent further damage but also leave behind a better environment for future generations.

time-read
2 Minuten  |
October 19, 2024