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Mr.indrajit sen

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Published in: Business, News & Politics

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Transcript

  • 1. Business Strategy -HR Still a functional silo?
    “Driving Business Excellence through People”
    - NHRDN, May 20, 2011
  • 2. Is the HR Head a Strategic Business Partner ?
    Is the HR Head of the company a part of Board meetings?
    Is the HR Head part of Client acquisition meetings or the Annual Planning meetings?
    Is the HR Head part of the company’s Budgeting Exercise and other Financial discussions along with the CFO and CEO?
  • 3. Are we ready for these Business interactions?
    Do we know the market share of our company?
    Do we know the critical growth drivers for our company?
    Can we name some of our competitors of our business and their strengths and weaknesses?
    Are we equipped to due diligence for a new acquisition?
    Are we able to interpret the Annual Report of the company?
    Are we skilled to take a prospective client around the work place or the manufacturing plants?
    Do we understand the risk factors of our company’s business?
  • 4. Critical HR factors for Business…
    Cost structure (particularly in IT/ ITES / Services sectors)
    When People related costs are high
    Financing costs are high
    Risk Factors are high
    Retaining key competencies
    High attrition
    Rare to get skills in the industry
    Major Expansion plans / unfamiliar territories
    Volatility of IR (managing unions etc)
  • 5. Where HR can be effective as a Business Partner
  • 6. Where HR can be effective as a Business Partner
  • 7. The C – layer!
    The Employee
    The Manager
    The Manager’s manager
    The C – Layer
    The final strategic partner!
  • 8. Thank You - IndrajitSen senindrajit@hotmail.com