What we were
Over the last three decades, the business ecosystem has seen many sweeps of changes. Waves of emerging trends hit the business world, yet the fundamentals of doing business have rarely been contested. A brick-and mortar company in the industrial town for ages or an unseen e-commerce startup; hail-a-cab became call-a-cab; or the modern company with a swanky office in an upmarket business district – Cost, Quality, Service, and Speed are the obvious common pursuit of them all. Kaoro Ishikawa’s 4M’s of business extended to six. Man, method, machine, material, milieu, and measurement got into an interplay to create a process matrix of people, operations, accounting, strategy, finance, and marketing. Interesting but by no means elementary. Every business process domain eventually took to technology to make life easier. HR too! From the Bundy Clock time-tracking machine which had workers inserting a thick card into a slot to get their in-time stamped to the modern retina scan, HR has soared the technology curve and is now galloping ahead.
Cut to the 2020s and India is seeing the largest population of Gen X in the world. A whopping 34.23 percent who come to work with diverse career aspirations, and workplace preferences. The managerial life of them and their managers is transforming too. The pandemic and the business complexities associated with it are only making the recipe of success even more complicated. Therefore, enters the next-level technology. PeopleStrong says that Indian companies can save at least $600m annually by 2021 using HR Technology (PeopleStrong, 2017).
What we are
Denne historien er fra August 2021-utgaven av People Matters.
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Denne historien er fra August 2021-utgaven av People Matters.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
How Digital Transformation Can Power The Great Reset
Technology has the potential to serve as the key enabler of change between digitalising administrative tasks and fostering human connections
The Crypto Meltdown Of 2022
FTX implosion: A setback, but not the end for the crypto market
Govern Pre-IPO Unicorns to Create Value; Not Valuation
Billion-dollar startups always make the headlines. But is there true value behind those eye-catching valuations? How can proper governance be implemented for these much-hyped companies?
On change and change management
The best way to end the year, especially such a disrupted one as 2022, is by laying the groundwork for the year to come. Michelle Yong, Head of Resourcing at Shell, offers some insights on change management to bring us forward into 2023
The Great Reconnection: A paradigmatic moment for employers and employees
This year has not been a good one for employee retention. The Great Resignation, originally thought to be a US phenomenon, has emerged in Asia now. But is there a way to turn it into the Great Reconnection?
Lessons Managing in leadership: a global hybrid team
What takeaways can we draw from the pandemic? Fatima Koning, Chief Commercial Officer at IWG, shares what the last five years have taught her about managing a global sales team across 120 markets in the hybrid model
Eight HR trends that we saw throughout 2022
As companies manage their workforces in a dynamic era, HR departments have continually adapted and adjusted, and never more than this year as digital acceleration and workplace evolutions came together
One way to turn the tide of employee retention
There's a surprising link between skill development opportunities and job satisfaction. Here are some ways of boosting skilling and thereby talent retention
A key focus for L&D going into 2023 should be business alignment
Venkat Subramaniam of Degreed believes that learning is core to business success and organisations need to invest in the right processes and technologies to adapt to continuous change
WOMEN IN LEADERSHIP CAN BE GAME GHANGER FOR INCLUSIVE FUTURE OF WORK
BREAKING FREE FROM THE STEREOTYPES IN THE INSURANCE SECTOR, PAMELA THOMSON-HALL SHARES HER JOURNEY OF BEING A CHAMPION FOR WOMEN AND BRINGING ABOUT A CHANGE IN A MALE-DOMINATED INDUSTRY
