There are several illustrations of how bootstrapped companies cannot afford to be patient over the outcome of training programmes, and in fact, find it worthier to invest in processes. For the CEO or the Promoter of the company, such decisions are a business imperative, while for the HR, an investment towards training and development is one that assures long term rewards. While both are not entirely wrong in their own way, they cannot truly anticipate as to the right roadmap for the employees as well as the organisation.
It was one of those dark and gloomy nights in Ahmedabad, and despite all its beautifully developed infrastructure, a spell of rain would disrupt life in the city. Caged in her office due to water logging in the nearby areas, Samriddhi, sat by the window sill of her cabin listening to the honking of the cars, and watching people drag their broken-down scooters in the heavy rain. Water, reflected lights and clogged traffic resonated well with her present state of mind. She fixed herself a coffee and was glad that she had some time to be alone and think through some of the things that she was required to do. Her Boss, Pankaj Patel, CEO of ABC Pharmaceuticals had rejected her budget proposal for training and development. To Samriddhi, this had come as a shocker. As Vice President-HR, she had consistently and systematically institutionalized formal learning processes for the last two years in a company that was otherwise family owned and managed. The formal education programmes had been well received by the very few who opted for it. The members nominated for the courses had given a good feedback, and had found partnering with the local business school to be very helpful.
Denne historien er fra October 2017-utgaven av Human Capital.
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Denne historien er fra October 2017-utgaven av Human Capital.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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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.
