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Continuous Learning For Growth
Of late, for organizations particularly in the service sector, people have become the strategy. And, if that is the case, the Learning and Development (L&D) department in organizations, and the industry in general, is likely to witness significant growth in 2017 and the years thereafter.
Creating Open Spaces And Minds
As the boundaries of life between work and home continue to blur, employers and employees are sitting up and are noticing the ways and means to offer and avail a worthwhile experience at the workplace.
Striking The Right Balance
In 2017, an employee in the HR Department of a leading global company received an excel sheet attachment in his official mail. While the content seemed harmless, it was in fact a well disguised Ransomware attack which had in fact placed several companies worldwide in the dock. Ransomware attacks targeting HR departments across the globe have since been in vogue since they possess valuable employee data which can be used to commit crimes such as tax frauds and the like.
The Multifaceted Advantages Of AI
AI can speed and automate data collection, make fundamental observations, systemize HR issues, and differentiate customer and employee profiles. But, corrective measures and final decisions can only be approved by people who can understand how to leverage AI tools to acquire accurate information sans the noise and interpret them the right way.
Engagement Surveys: A Means Or An End?
Surveys are not merely a way to check the pulse of the organisation; they should ideally be used as vehicles to improve the organisation culture, people practices and employee experiences which gradually translate into business success.
What Is And What Needs!
The idea of the best fit works only in a perfect universe. In reality, what talent specialists and hiring managers should focus on is getting the close fitment. They should work with an approach that bridges the gap between what is (available) and what needs to be (done).
A Matter Of Strategic Timing!
The term 'work-life balance' has become a popular chant for all working professionals today. A world of different opinions continue to pervade our lives, with one actually affirming that there truly is no direct relationship between the parallel worlds we live in.
Picture Out Of The Frame
A few months ago, Moon Jae-in, the President of South Korea, made an unusual announcement.
Analysis
It is paramount for a pharmaceutical company to meet the business requirement of regulatory compliance.
How Can They Fire Her?
It is a common phenomenon in the corporate landscape to misinterpret the inability to respond to a query by a Manager as a serious lapse which at times leads to termination of his/her services. As a fallout, not only do they risk losing out a person with superior managerial skills, they also dampen the spirit of the juniors in her department, leading to sinking morale and reduced engagement.
A Rewarding Experience
Mentorship is a pro bono activity, and, can be considered by some as a sheer waste of time and energy. But, benefits come in many ways, and brings fast-paced learning and experimentation to the mentor, and arms them with the power to introspect.
Strike While The Iron Is Hot
As India joins the league of fastest developing nations in the world, skill development is one aspect that is highly overlooked in terms of our young population. The median age of the Indian population is 27.6 years, making it one of the youngest nations in the world, but, we are staying away from taking advantage from such a key element.
Going Digital For That Meal
Employee tax benefits in India have seen a few coursealtering changes in the past year. For starters, several benefits like meal vouchers and employee gifts are now easily available on digital platforms in a massive push away from paper-based functions.
People Analytics: The Past, Present And Future
Big Data has left companies in a lurch since they are unable to handle the large tracts of disruptive information, and, are therefore cannot comprehend critical employee related queries. People Analytics enables them to manoeuvre this huge data tract for better business enablement by providing them access to the data that is relevant and is rendered the requisite priority.
Sowing The Right Seeds
Today, India has embraced the fact that start-ups shall accelerate the next phase of growth, but in fact, it is corporate India that shall continue to fuel this growth, and therefore, needs to look at creating structures for driven individuals who remain untouched by the decedent system that ails this country.
A Measure Of Happiness
While turnover is expensive, it is arguably inevitable in an age of the gig economy. Motivated employees are undeniably more diligent and produce better results than their disengaged counterparts, who either leave quickly or drain valuable resources by staying too long.
Prosocial Employee Well-Being
Work is a social institution, workplaces are social units and humans are social beings, and therefore any effort towards increasing the well-being of an individual needs to incorporate a prosocial aspect into its design. Addressing this gap could probably go a long way in reducing stress related statistics within Indian organisations.
Adapt Like Jazz Musicians For VUCA Times
Much like the leader of a jazz band, adaptive leadership requires leaders to pass the baton of leadership to whoever picks the rhythm best, joins in the music with humility and appreciates the fact that performances in the current environment will be live with no pre-set time for extensive rehearsals!
The Paradox Of Change
Change feeds change in a business. It is therefore not surprising that stories of organisational growth and survival across the world are also stories of acute self awareness and timely change.
Identification Of Change And Action Plan
Change is inevitable, and, it is incumbent upon organisations to accept it as 'BAU' (Business as usual). It is therefore imperative for organisations to periodically evolve themselves in order to accommodate the flow that goes on within the ecosystems in which they thrive.
Steering Change And Transformation
In an increasingly uncertain world, probably the only thing that we can believe with certainty is that change will continue to happen, possibly only faster, and, organisations and people who are nimble, curious and open to learning shall be the likely winners.
Change Brings Opportunities
HR has multiple roles to play from being an influencer and consultant to being a peoples' advocate and ensure that interests and concerns of the employees are duly addressed.
Impact Of Consolidations And M & A's
Mergers and Acquisitions are used extensively for restructuring the business organisation and they have become the favoured route for either inorganic growth or consolidation.
The Human Dynamics Of Agility
The team members need to know, experience, and feel that they are the 'owners' of their respective functions and the whole business. The very HR policies need to be defined with this principle.
Organisational Learning Disabilities
When it comes to Learning and Development, it is common for organisations to be aspiring to be learning organisations. But, even before we aspire for such an elevated state, it would be better to get the basics right.
The Leadership Exponential
Exponential leadership means letting go of legacy thinking, legacy processes, legacy expectations and legacy mindsets. It requires leaders to be unshackled from the past, have the intellectual curiosity to embrace the Now, and develop the humility to understand and accept that the best ideas for compounding the business may not reside at the top of the organisation.
Overcoming Individual Perspectives
So long as humans are being rated by other humans, a certain amount of bias is bound to be introduced into the process, and this aspect should be readily acknowledged. Accordingly, we must set about creating a culture, systems and processes that can help minimize the impact of such a bias.
Picking The Right Apple
Human resources, a key facet in every organisation, plays a vital role across diverse functions, with recruitment being one of the most responsible functions. Recruitment is the process of effective selection of desired candidates with skills complementing the demands of the organisation, and, this onus lies on the HR of the organisation.
To Be In Gratitude Thereof
To Be In Gratitude Thereof
HR Analytics: Where Do We Stand?
The paramount objective of HR Analytics is to provide an organization with appropriate insights for effectively managing employees so that business goals can be reached swiftly and efficiently.