Evolving Strategies
Business Today India|May 26, 2024
Companies need to adapt to changing times for a strong workforce 
Devashish Sharma
Evolving Strategies

Force = mass x acceleration. Don’t worry. You have not stumbled upon a page from a physics journal. But a few days ago, when I was discussing something with my son around the applications of this formula, it struck me that while we have known this forever—a strong force doesn’t just need more mass, but more acceleration too. When it comes to our workforce, we often assume that those ancient HR policies, tenure-based growth and learning mechanisms of our beloved hierarchical systems will help us have a strong workforce. We forget that while the basics need to be in place, some things need to change for the workforce to grow—not in numbers, but in value and impact.

The shift in our workforce’s preferences, from Gen X to Gen Z, reiterates this thought. In the past few years, their evolving preferences have highlighted a dynamic mindset that refuses to conform to the age-old definition of an employee-employer relationship.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM BUSINESS TODAY INDIAView all
HOW TO ADAPT TO EXTREME HEAT
Business Today India

HOW TO ADAPT TO EXTREME HEAT

India is vulnerable to extreme heat and yet unprepared. But various initiatives provide a glimpse of what is possible when collaboration and ingenuity come together

time-read
7 mins  |
January 19, 2025
THE WORLD IN 2030
Business Today India

THE WORLD IN 2030

The policy implications are that India would have to maintain a strong link to a re-industrialising US but find a way to use Chinese capital and inputs

time-read
5 mins  |
January 19, 2025
A PEEK INTO THE FUTURE
Business Today India

A PEEK INTO THE FUTURE

INDIA IN 2025 AND BEYOND: TRENDS TO WATCH OUT FOR

time-read
1 min  |
January 19, 2025
"STEERING SBI INTO THE FUTURE"
Business Today India

"STEERING SBI INTO THE FUTURE"

C.S. Setty, Chairman of the State Bank of India, talks about his plans for the bank, the strategy for the future, and technology, among other things

time-read
9 mins  |
January 19, 2025
"Outlook for India is very positive"
Business Today India

"Outlook for India is very positive"

Paul Uren, Head of Investment Banking (Asia-Pacific), J. P. Morgan, on M&A activity, the environment of investment banking market in India, and more

time-read
3 mins  |
January 19, 2025
The 2025 Slate
Business Today India

The 2025 Slate

The Indian film industry is hoping that 2025 will mark the return of big-budget blockbusters

time-read
3 mins  |
January 19, 2025
TECH, SET, GO!
Business Today India

TECH, SET, GO!

With up to 30 tech start-ups looking to go public, the year promises to be a turning point for India's thriving start-up ecosystem

time-read
3 mins  |
January 19, 2025
CAUTION AHEAD
Business Today India

CAUTION AHEAD

A series of events in the first few weeks of the New Year could shape the trajectory of the equity markets, especially the Trump administration's policies

time-read
3 mins  |
January 19, 2025
THE GENTLEMAN-SCHOLAR PM
Business Today India

THE GENTLEMAN-SCHOLAR PM

IN EVERY ROLE HE HELD, BE IT FINANCE MINISTER OR PRIME MINISTER, SINGH REMAINED OPEN-MINDED AND CONSTANTLY SOUGHT NEW IDEAS

time-read
4 mins  |
January 19, 2025
THE COMPLETE ECONOMIST
Business Today India

THE COMPLETE ECONOMIST

THE MANMOHAN SINGH ERA WILL GO DOWN IN HISTORY AS THE ONE THAT CHANGED THE IMAGE OF INDIA, NOT MERELY IN THE ECONOMIC SPHERE, BUT IN EVERY OTHER ASPECT

time-read
4 mins  |
January 19, 2025