The document is a report on talent trends in 2016 prepared by Malika Ahuja for her MBA program. It acknowledges various experts who contributed to the report. The report contains an introduction that outlines challenges in attracting and retaining talent. It identifies 11 key talent trends that are analyzed based on research findings from surveys and expert interviews. For each trend, the report provides context, survey results, expert opinions, and recommendations for organizations. The trends covered include the Gen Y workforce, aging workforce, multigenerational workforce, diversity, contingent workforce, new war for talent, initiatives like Make in India and startups, the human cloud concept, the role of social media in HR, and improving HR technology.
Career management practices and programmers
Many companies today are struggling with how to meet employee expectations regarding career development and advancement opportunities at a time when organizations are delayering and growth in the U.S. has slowed. In order to address this concern, E. L. Goldberg & Associates has collected career
management benchmark information and best practices from 34 organizations, representing a wide variety of industries. A supplemental study collected data from 75 professionals regarding how they define career success. Results indicate a significant shift in defining success in terms of intrinsic satisfiers versus the traditional more objective measures of success.
The benchmarking results reveal a major call to action for employers. Employees’ perceptions of career development and opportunities is frequently one of the lowest rated items on employee surveys, and research shows this is one of the top predictors of employee engagement. Despite this fact most companies subscribe to a philosophy of career self-reliance, essentially abdicating their responsibility for career management, leaving it up to the employee to figure out.
E. L. Goldberg & Associates believes that organizations can be more proactive in career management holding managers more accountable for understanding their employees’ career aspirations and educating employees on their career options. In addition, managers need to devote time to creating challenging opportunities that will contribute to individual career growth and development. This report outlines several best practices that participating companies utilize to facilitate career
management with both high-potential employees and the broader employee population.
These practices can have an impact on changing employees perceptions as two of the more innovative companies in this study reported that they created greater retention and career development satisfaction by providing people with development experiences versus simply a promotion. It is time for organizations to change their career management philosophies and become a more proactive partner in helping employees build their career.
The global marketplace and ever-changing workforce have created the need for organizations to engage human resources practices that recognize their human capital as their major competitive advantage. In fact, the current trends emphasize the growing demand for effective, creative recruitment and retention initiatives. Most human resources executives will cite the need to stay competitive with these initiatives as one of their biggest challenges. One of the basic principles to assist with this challenge is to embrace proactive and strategic career management practices that can provide you with a strong foundation for gaining a competitive edge.
Highlights
• A majority of survey respondents indicated that they define career success as being engaged in c
The recruitment industry in India has grown significantly in recent years and is expected to continue growing. It was worth Rs. 2000 crores in 2010 and has grown at a 21% compound annual rate to an estimated Rs. 22,800 crores in size currently. Demand for staffing is high across many sectors like banking, insurance, IT and others. While opportunities exist, the industry also faces challenges like low operating margins, availability of talent, and developing new business models for continued growth.
Innovative hr practices in software organizationiaemedu
This document discusses innovative HR practices in software organizations. It covers several topics:
1) Critical dimensions of best practices such as attracting, developing, engaging, and managing employee transitions.
2) Specific HR practices of Infosys such as satellite centers and sabbaticals to improve work-life balance.
3) HR challenges in the Indian software industry such as managing aspirations, expectations, person-culture and person-job fit, and challenges related to company size and maturity.
4) HR policies of top software companies in India including effective communication, employee handbooks, and addressing harassment.
5) The nature of software talent and skills needed for software projects.
6) Evidence
The document summarizes innovative HR practices in software organizations and discusses HR challenges in the Indian software industry. It provides details on HR policies and practices of top software companies in India, including effective communication, developing an employee manual, and managing expectations. It also discusses the critical dimensions of best practices such as attracting, developing, engaging and transitioning talent. Finally, it notes the shortage of qualified software talent and arguments on both sides of whether there is truly a shortage.
LinkedIn India recruiting trends for 2015!LinkedIn India
The document discusses key talent acquisition trends in India for 2015 based on a survey of over 4,000 talent leaders globally including 300 in India. Some of the main trends highlighted include:
- Hiring volumes and budgets are increasing in India indicating positive sentiment among organizations.
- Social recruiting is growing as a source of quality hires, with professional networks like LinkedIn closing the gap with job boards and referrals.
- Employer brands are getting more engaged on professional networks, which are replacing traditional channels like company websites.
- Sourcing skilled talent remains the top priority for recruiting leaders in India and globally. Compensation and competition are the biggest obstacles to attracting talent.
The document discusses talent management strategies at Tata Consultancy Services (TCS). It describes how TCS focuses on attracting, developing, and retaining talent through programs like Ignite, which trains non-technical graduates, and Academic Interface Programme to build a talent pool. TCS also conducts various training programs and invests over 6% of annual revenues in learning and development. This strategic focus on employees has helped TCS maintain low attrition rates and a motivated workforce, positioning it as a leader in the IT industry for talent management.
Need for Process Management in IT and ITESASQ India
Chandra Kumar Raman has 21 years of experience in quality processes and delivery excellence. He currently works at HP leading their quality operations and driving various initiatives. He is also the president of SPIN Chennai, a forum for software professionals to exchange ideas on software process improvement. SPIN Chennai aims to establish a leadership forum for open exchange of SPI experiences and ideas to promote higher levels of process maturity and software quality.
Career management practices and programmers
Many companies today are struggling with how to meet employee expectations regarding career development and advancement opportunities at a time when organizations are delayering and growth in the U.S. has slowed. In order to address this concern, E. L. Goldberg & Associates has collected career
management benchmark information and best practices from 34 organizations, representing a wide variety of industries. A supplemental study collected data from 75 professionals regarding how they define career success. Results indicate a significant shift in defining success in terms of intrinsic satisfiers versus the traditional more objective measures of success.
The benchmarking results reveal a major call to action for employers. Employees’ perceptions of career development and opportunities is frequently one of the lowest rated items on employee surveys, and research shows this is one of the top predictors of employee engagement. Despite this fact most companies subscribe to a philosophy of career self-reliance, essentially abdicating their responsibility for career management, leaving it up to the employee to figure out.
E. L. Goldberg & Associates believes that organizations can be more proactive in career management holding managers more accountable for understanding their employees’ career aspirations and educating employees on their career options. In addition, managers need to devote time to creating challenging opportunities that will contribute to individual career growth and development. This report outlines several best practices that participating companies utilize to facilitate career
management with both high-potential employees and the broader employee population.
These practices can have an impact on changing employees perceptions as two of the more innovative companies in this study reported that they created greater retention and career development satisfaction by providing people with development experiences versus simply a promotion. It is time for organizations to change their career management philosophies and become a more proactive partner in helping employees build their career.
The global marketplace and ever-changing workforce have created the need for organizations to engage human resources practices that recognize their human capital as their major competitive advantage. In fact, the current trends emphasize the growing demand for effective, creative recruitment and retention initiatives. Most human resources executives will cite the need to stay competitive with these initiatives as one of their biggest challenges. One of the basic principles to assist with this challenge is to embrace proactive and strategic career management practices that can provide you with a strong foundation for gaining a competitive edge.
Highlights
• A majority of survey respondents indicated that they define career success as being engaged in c
The recruitment industry in India has grown significantly in recent years and is expected to continue growing. It was worth Rs. 2000 crores in 2010 and has grown at a 21% compound annual rate to an estimated Rs. 22,800 crores in size currently. Demand for staffing is high across many sectors like banking, insurance, IT and others. While opportunities exist, the industry also faces challenges like low operating margins, availability of talent, and developing new business models for continued growth.
Innovative hr practices in software organizationiaemedu
This document discusses innovative HR practices in software organizations. It covers several topics:
1) Critical dimensions of best practices such as attracting, developing, engaging, and managing employee transitions.
2) Specific HR practices of Infosys such as satellite centers and sabbaticals to improve work-life balance.
3) HR challenges in the Indian software industry such as managing aspirations, expectations, person-culture and person-job fit, and challenges related to company size and maturity.
4) HR policies of top software companies in India including effective communication, employee handbooks, and addressing harassment.
5) The nature of software talent and skills needed for software projects.
6) Evidence
The document summarizes innovative HR practices in software organizations and discusses HR challenges in the Indian software industry. It provides details on HR policies and practices of top software companies in India, including effective communication, developing an employee manual, and managing expectations. It also discusses the critical dimensions of best practices such as attracting, developing, engaging and transitioning talent. Finally, it notes the shortage of qualified software talent and arguments on both sides of whether there is truly a shortage.
LinkedIn India recruiting trends for 2015!LinkedIn India
The document discusses key talent acquisition trends in India for 2015 based on a survey of over 4,000 talent leaders globally including 300 in India. Some of the main trends highlighted include:
- Hiring volumes and budgets are increasing in India indicating positive sentiment among organizations.
- Social recruiting is growing as a source of quality hires, with professional networks like LinkedIn closing the gap with job boards and referrals.
- Employer brands are getting more engaged on professional networks, which are replacing traditional channels like company websites.
- Sourcing skilled talent remains the top priority for recruiting leaders in India and globally. Compensation and competition are the biggest obstacles to attracting talent.
The document discusses talent management strategies at Tata Consultancy Services (TCS). It describes how TCS focuses on attracting, developing, and retaining talent through programs like Ignite, which trains non-technical graduates, and Academic Interface Programme to build a talent pool. TCS also conducts various training programs and invests over 6% of annual revenues in learning and development. This strategic focus on employees has helped TCS maintain low attrition rates and a motivated workforce, positioning it as a leader in the IT industry for talent management.
Need for Process Management in IT and ITESASQ India
Chandra Kumar Raman has 21 years of experience in quality processes and delivery excellence. He currently works at HP leading their quality operations and driving various initiatives. He is also the president of SPIN Chennai, a forum for software professionals to exchange ideas on software process improvement. SPIN Chennai aims to establish a leadership forum for open exchange of SPI experiences and ideas to promote higher levels of process maturity and software quality.
This document is a project report on employee engagement at HDFC Bank in Lucknow, India. It was submitted by Sahar Shafi to fulfill the requirements for an MBA degree. The report includes an introduction on the importance of employee engagement and definitions. It also discusses the need for employee engagement and how to make employees engaged, such as through growth opportunities, support and recognition, and participation in decision making. The report contains typical sections like objectives, methodology, findings, recommendations, and conclusions.
The document discusses 5 important HR challenges facing manufacturers: 1) a growing skills gap as the workforce ages, 2) difficulties recruiting and retaining talent, especially younger workers, 3) changing compliance requirements, 4) complex union payroll requirements, and 5) evolving workplace safety training needs. It promotes the Sage HRMS software as a solution to help manufacturers tackle these challenges through features like workforce analytics, recruiting tools, compliance support, customized payroll, and training tracking.
Talent Acquisition Strategy in Supplementary Education Space - A Challengesenbhaskar
The document discusses strategies for talent acquisition in the supplementary education sector. It outlines key steps in developing an effective talent acquisition strategy, including talent planning, attracting talent through employer branding, and hiring techniques. The objective is to equip organizations with the best available talent to support growth in the competitive supplementary education market. Some of the challenges discussed are the lack of quality education and demand for test preparation coaching services in India.
Indian HR practices differ from developed markets in their slower adoption of talent management technologies and reliance on manual processes. While job growth in India's booming economy is strong, HR practices lag Western counterparts in embracing tools that minimize costs and maximize output. Indian companies are also more focused on utilizing employee time and resources fully rather than respecting efforts. As a result, manual HR processes divert attention from goals like organizational development and strategic talent planning. Adopting applicant tracking systems and talent management software can help Indian HR streamline processes and focus more on long-term goals.
Talent Acquisition and Management Trends Nov 2015Peet Kruger
The document discusses implications for HR and talent management in exponential, critical, and changing times. It summarizes trends in the global workforce, economy, and standards that are driving changes. HR must take a proactive, ROI-focused approach to human capital costs through skills optimization, productivity improvements, and culture/engagement changes. HR also needs to transform itself through business skills, analytics, and ensuring compliance on governance, ethics, and risks issues. The future of work demands that HR spearhead organizational transformation and adapt talent practices for a more innovative, technology-driven workforce.
KGWI: The Collaborative Work Enviroment in EuropeKelly Services
The document discusses how collaboration is becoming a key factor for companies to improve profitability and attract top talent. It finds that 60% of European workers cite a highly collaborative environment as a feature of their ideal work environment. However, only 47% feel their current workplace promotes collaboration. There are also differences in perceptions between generations and countries. Developing a truly collaborative culture requires effort from leadership to establish the right structures, train employees, and use technologies that facilitate collaboration.
A STUDY ON EMPLOYEE RETENTION PRACTICES OF AUTOMOBILE INDUSTRIES IN INDIA WIT...IAEME Publication
This document summarizes a study on employee retention practices in the automobile industry in India, specifically at Hyundai Motors in Chennai. The study had several objectives: to examine employee satisfaction, training and development activities, compensation factors, and make suggestions to improve retention strategies. Data was collected through a questionnaire distributed to 500 Hyundai employees. The results showed that employees desired job rotation, staff quarters, education loans, family employment, more training, and better rewards and recognition. The study concluded retention is important for automobile companies to retain talent and achieve objectives, and factors influencing retention should be identified and improved.
This document discusses contemporary issues and challenges in human resource management. It summarizes the top HR challenges managers are facing due to the COVID-19 pandemic, including mental health and wellbeing, managing remote work, lack of agility, employee communication and uncertainty. It also discusses employees at greater risk, how COVID-19 will affect the global workforce, the importance of HRM practices like recruitment and selection, training and development, and performance management. Finally, it outlines the top 7 HR trends for 2020, including HR analytics, upcoming technologies, new work and millennials, focusing on employees, continuous performance management, and on-the-job training.
Europe: The Rise of DIY Career Resilience Kelly Services
European workers are developing a do-it-yourself mindset when it comes to career development and seeking to learn skills that will enable them to thrive in any company. Over half of European workers surveyed say they are more concerned about their knowledge or skills becoming obsolete than possible layoffs. The vast majority of workers, across generations, skill sets, and regions, feel that continuously learning new skills and gaining knowledge is critical to long-term employment.
This document discusses how companies will increasingly hire workers on a project or outcome basis rather than as permanent employees. It argues that companies will seek "work" rather than "workers" and will assemble teams of independent contractors, freelancers, and employees as needed to complete projects. Recruiters will need to adapt by developing ongoing relationships with independent talent and focusing more on engagement and communication over time rather than one-time hiring. The role of recruiters may evolve into "talent attractors" who publish information and advice for independent workers rather than directly sourcing for open roles.
This document discusses talent management practices in the manufacturing industry. It begins with an introduction to talent management and its importance. It then discusses some key aspects of talent management in manufacturing such as identifying competency requirements, skills gaps, and development plans. It notes that talent management is crucial in manufacturing due to training investments. It also highlights challenges manufacturing faces in attracting and retaining talent due to perceptions of the industry and competition for skills. The document then analyzes factors like advancing technology and demographic changes that are exacerbating skills gaps in manufacturing and increasing needs for continuous learning. It concludes by emphasizing the importance of talent strategies for manufacturers to address these challenges and future talent needs.
Leading and managing in the 2020 workplace challenges for gen x leaders in wa...Cegos Asia Pacific Pte Ltd
This new joint research paper delivered by Cegos Asia Pacific, Temasek Polytechnic and the Singapore Training and Development Assoc highlights the leadership and managerial challenges in the 2020 workplace - with special attention on Gen X'ers who are leaders-in-waiting. The research was carried out in Singapore and has inputs from across SE Asia.
There is much talk about Generation Y and that is fair enough! That said, we felt a focus on Generation X was needed as the changes in the workplace over the next 5-7 years will be enormous when you consider: The iGen joining the workforce, an Ageing population continuing to contribute to organisational success, the increasing integration and use of technologies at work and within learning, the multicultural and often remote working environment and much more.
Some key outputs here for developing the leadership and management skill-sets in this increasingly cross generational and multi-dimensional workplace.
This document summarizes a conceptual paper about managing intellectual liabilities using a risk management approach. The paper proposes conceptualizing the intellectual liabilities associated with intellectual capital that could potentially destroy company value. It discusses how intellectual capital can have both positive and negative effects, and introduces the concept of intellectual liabilities. The paper argues that companies should apply risk management strategies to mitigate risks from intellectual liabilities and minimize potential value destruction. It contributes to bridging the gap between intellectual capital theory and practice by addressing the understudied area of intellectual liabilities and their role in value creation or destruction.
This document is a project report submitted by Ch. Sai Namdev to fulfill requirements for a Master's degree in Human Resource Management at GITAM University in Visakhapatnam, India. The report focuses on employee engagement at IVRCL Infrastructures & Projects Ltd, where Namdev conducted his project work under the guidance of industry and faculty guides. The report includes chapters on introduction to human resource management, the company profile, employee engagement, research methodology, analysis and findings, and a conclusion.
This document summarizes the results of a survey conducted by HRD Magazine to determine the top Employers of Choice in Singapore as rated by employees. 1,332 employees from 118 companies participated in the online survey ranking their employers across several categories from remuneration and work-life balance to leadership and career growth opportunities. Based on the survey results, the top 3 Employers of Choice in each category (Gold, Silver, Bronze) were revealed. Representatives from the winning companies commented that their success is due to strong company culture, supportive leadership, and prioritizing employees' well-being and feedback. While remuneration was one of the lower scoring categories, employees were not necessarily dissatisfied overall.
This document provides an agenda for a two-day HR conference with sessions on leadership development, talent management, performance management, and cultural change. Day one includes sessions on developing senior leaders at Canadian Tire, leadership practices with sports and arts analogies, and transforming performance reviews at General Dynamics. Day two covers leading cultural change at Air Canada, strategic roundtables on talent acquisition and engagement, and building an HR partner during Ricoh's transformation.
This document discusses talent management strategies at Google Inc. It analyzes their motivation and reward strategies using needs-based approaches. Google meets employees' intrinsic needs through attractive compensation, flexible work schedules, opportunities for professional growth, and an entrepreneurial culture. Their flat structure and autonomous work groups foster creativity and collaboration. While Google's strategies effectively attract and retain top talent, continued efforts to financially involve employees through ownership stakes could further improve motivation.
The document is a 5-page resume submitted by D. Anand for a job opportunity. It summarizes his educational qualifications and over 23 years of work experience in sales, marketing, and business development roles in various manufacturing companies. It highlights his expertise in generating new business, finding solutions for customer needs, and helping companies progress through innovation. The resume emphasizes his practical knowledge gained over formal education and demonstrates his motivation to take on a senior role that allows him to contribute to an organization's growth.
It is a presentation which covers Wipro company's all round information, it covers not only the HR aspect of HR Functions, Job Description, Job Specialization, Recruitment process and source but also include Sector-Company-Product-Service Information, Business Model canvas also with brief company information. The data is taken from WIPRO Company website and Naukri.com only. Presentation made by Aniket Singh for informative purpose and study of company for in-depth analysis.
Sexual harassment is unwelcome sexual advances, requests for sexual favors, or other verbal, visual, or physical conduct of a sexual nature that affects employment conditions or creates a hostile work environment. There are two types of sexual harassment: quid pro quo, where submission to advances is required for employment benefits, and hostile work environment, where conduct is severe or pervasive enough to alter employment conditions. Sexual harassment violates the law and must be reported and dealt with immediately through proper channels to protect victims and stop retaliatory behavior.
This document is a project report on employee engagement at HDFC Bank in Lucknow, India. It was submitted by Sahar Shafi to fulfill the requirements for an MBA degree. The report includes an introduction on the importance of employee engagement and definitions. It also discusses the need for employee engagement and how to make employees engaged, such as through growth opportunities, support and recognition, and participation in decision making. The report contains typical sections like objectives, methodology, findings, recommendations, and conclusions.
The document discusses 5 important HR challenges facing manufacturers: 1) a growing skills gap as the workforce ages, 2) difficulties recruiting and retaining talent, especially younger workers, 3) changing compliance requirements, 4) complex union payroll requirements, and 5) evolving workplace safety training needs. It promotes the Sage HRMS software as a solution to help manufacturers tackle these challenges through features like workforce analytics, recruiting tools, compliance support, customized payroll, and training tracking.
Talent Acquisition Strategy in Supplementary Education Space - A Challengesenbhaskar
The document discusses strategies for talent acquisition in the supplementary education sector. It outlines key steps in developing an effective talent acquisition strategy, including talent planning, attracting talent through employer branding, and hiring techniques. The objective is to equip organizations with the best available talent to support growth in the competitive supplementary education market. Some of the challenges discussed are the lack of quality education and demand for test preparation coaching services in India.
Indian HR practices differ from developed markets in their slower adoption of talent management technologies and reliance on manual processes. While job growth in India's booming economy is strong, HR practices lag Western counterparts in embracing tools that minimize costs and maximize output. Indian companies are also more focused on utilizing employee time and resources fully rather than respecting efforts. As a result, manual HR processes divert attention from goals like organizational development and strategic talent planning. Adopting applicant tracking systems and talent management software can help Indian HR streamline processes and focus more on long-term goals.
Talent Acquisition and Management Trends Nov 2015Peet Kruger
The document discusses implications for HR and talent management in exponential, critical, and changing times. It summarizes trends in the global workforce, economy, and standards that are driving changes. HR must take a proactive, ROI-focused approach to human capital costs through skills optimization, productivity improvements, and culture/engagement changes. HR also needs to transform itself through business skills, analytics, and ensuring compliance on governance, ethics, and risks issues. The future of work demands that HR spearhead organizational transformation and adapt talent practices for a more innovative, technology-driven workforce.
KGWI: The Collaborative Work Enviroment in EuropeKelly Services
The document discusses how collaboration is becoming a key factor for companies to improve profitability and attract top talent. It finds that 60% of European workers cite a highly collaborative environment as a feature of their ideal work environment. However, only 47% feel their current workplace promotes collaboration. There are also differences in perceptions between generations and countries. Developing a truly collaborative culture requires effort from leadership to establish the right structures, train employees, and use technologies that facilitate collaboration.
A STUDY ON EMPLOYEE RETENTION PRACTICES OF AUTOMOBILE INDUSTRIES IN INDIA WIT...IAEME Publication
This document summarizes a study on employee retention practices in the automobile industry in India, specifically at Hyundai Motors in Chennai. The study had several objectives: to examine employee satisfaction, training and development activities, compensation factors, and make suggestions to improve retention strategies. Data was collected through a questionnaire distributed to 500 Hyundai employees. The results showed that employees desired job rotation, staff quarters, education loans, family employment, more training, and better rewards and recognition. The study concluded retention is important for automobile companies to retain talent and achieve objectives, and factors influencing retention should be identified and improved.
This document discusses contemporary issues and challenges in human resource management. It summarizes the top HR challenges managers are facing due to the COVID-19 pandemic, including mental health and wellbeing, managing remote work, lack of agility, employee communication and uncertainty. It also discusses employees at greater risk, how COVID-19 will affect the global workforce, the importance of HRM practices like recruitment and selection, training and development, and performance management. Finally, it outlines the top 7 HR trends for 2020, including HR analytics, upcoming technologies, new work and millennials, focusing on employees, continuous performance management, and on-the-job training.
Europe: The Rise of DIY Career Resilience Kelly Services
European workers are developing a do-it-yourself mindset when it comes to career development and seeking to learn skills that will enable them to thrive in any company. Over half of European workers surveyed say they are more concerned about their knowledge or skills becoming obsolete than possible layoffs. The vast majority of workers, across generations, skill sets, and regions, feel that continuously learning new skills and gaining knowledge is critical to long-term employment.
This document discusses how companies will increasingly hire workers on a project or outcome basis rather than as permanent employees. It argues that companies will seek "work" rather than "workers" and will assemble teams of independent contractors, freelancers, and employees as needed to complete projects. Recruiters will need to adapt by developing ongoing relationships with independent talent and focusing more on engagement and communication over time rather than one-time hiring. The role of recruiters may evolve into "talent attractors" who publish information and advice for independent workers rather than directly sourcing for open roles.
This document discusses talent management practices in the manufacturing industry. It begins with an introduction to talent management and its importance. It then discusses some key aspects of talent management in manufacturing such as identifying competency requirements, skills gaps, and development plans. It notes that talent management is crucial in manufacturing due to training investments. It also highlights challenges manufacturing faces in attracting and retaining talent due to perceptions of the industry and competition for skills. The document then analyzes factors like advancing technology and demographic changes that are exacerbating skills gaps in manufacturing and increasing needs for continuous learning. It concludes by emphasizing the importance of talent strategies for manufacturers to address these challenges and future talent needs.
Leading and managing in the 2020 workplace challenges for gen x leaders in wa...Cegos Asia Pacific Pte Ltd
This new joint research paper delivered by Cegos Asia Pacific, Temasek Polytechnic and the Singapore Training and Development Assoc highlights the leadership and managerial challenges in the 2020 workplace - with special attention on Gen X'ers who are leaders-in-waiting. The research was carried out in Singapore and has inputs from across SE Asia.
There is much talk about Generation Y and that is fair enough! That said, we felt a focus on Generation X was needed as the changes in the workplace over the next 5-7 years will be enormous when you consider: The iGen joining the workforce, an Ageing population continuing to contribute to organisational success, the increasing integration and use of technologies at work and within learning, the multicultural and often remote working environment and much more.
Some key outputs here for developing the leadership and management skill-sets in this increasingly cross generational and multi-dimensional workplace.
This document summarizes a conceptual paper about managing intellectual liabilities using a risk management approach. The paper proposes conceptualizing the intellectual liabilities associated with intellectual capital that could potentially destroy company value. It discusses how intellectual capital can have both positive and negative effects, and introduces the concept of intellectual liabilities. The paper argues that companies should apply risk management strategies to mitigate risks from intellectual liabilities and minimize potential value destruction. It contributes to bridging the gap between intellectual capital theory and practice by addressing the understudied area of intellectual liabilities and their role in value creation or destruction.
This document is a project report submitted by Ch. Sai Namdev to fulfill requirements for a Master's degree in Human Resource Management at GITAM University in Visakhapatnam, India. The report focuses on employee engagement at IVRCL Infrastructures & Projects Ltd, where Namdev conducted his project work under the guidance of industry and faculty guides. The report includes chapters on introduction to human resource management, the company profile, employee engagement, research methodology, analysis and findings, and a conclusion.
This document summarizes the results of a survey conducted by HRD Magazine to determine the top Employers of Choice in Singapore as rated by employees. 1,332 employees from 118 companies participated in the online survey ranking their employers across several categories from remuneration and work-life balance to leadership and career growth opportunities. Based on the survey results, the top 3 Employers of Choice in each category (Gold, Silver, Bronze) were revealed. Representatives from the winning companies commented that their success is due to strong company culture, supportive leadership, and prioritizing employees' well-being and feedback. While remuneration was one of the lower scoring categories, employees were not necessarily dissatisfied overall.
This document provides an agenda for a two-day HR conference with sessions on leadership development, talent management, performance management, and cultural change. Day one includes sessions on developing senior leaders at Canadian Tire, leadership practices with sports and arts analogies, and transforming performance reviews at General Dynamics. Day two covers leading cultural change at Air Canada, strategic roundtables on talent acquisition and engagement, and building an HR partner during Ricoh's transformation.
This document discusses talent management strategies at Google Inc. It analyzes their motivation and reward strategies using needs-based approaches. Google meets employees' intrinsic needs through attractive compensation, flexible work schedules, opportunities for professional growth, and an entrepreneurial culture. Their flat structure and autonomous work groups foster creativity and collaboration. While Google's strategies effectively attract and retain top talent, continued efforts to financially involve employees through ownership stakes could further improve motivation.
The document is a 5-page resume submitted by D. Anand for a job opportunity. It summarizes his educational qualifications and over 23 years of work experience in sales, marketing, and business development roles in various manufacturing companies. It highlights his expertise in generating new business, finding solutions for customer needs, and helping companies progress through innovation. The resume emphasizes his practical knowledge gained over formal education and demonstrates his motivation to take on a senior role that allows him to contribute to an organization's growth.
It is a presentation which covers Wipro company's all round information, it covers not only the HR aspect of HR Functions, Job Description, Job Specialization, Recruitment process and source but also include Sector-Company-Product-Service Information, Business Model canvas also with brief company information. The data is taken from WIPRO Company website and Naukri.com only. Presentation made by Aniket Singh for informative purpose and study of company for in-depth analysis.
Sexual harassment is unwelcome sexual advances, requests for sexual favors, or other verbal, visual, or physical conduct of a sexual nature that affects employment conditions or creates a hostile work environment. There are two types of sexual harassment: quid pro quo, where submission to advances is required for employment benefits, and hostile work environment, where conduct is severe or pervasive enough to alter employment conditions. Sexual harassment violates the law and must be reported and dealt with immediately through proper channels to protect victims and stop retaliatory behavior.
El documento describe la metodología de investigación sobre la crisis económica y alimentaria en Venezuela durante el mandato de Nicolás Maduro. Identifica el constructo de la crisis y sus variables relacionadas como la falta de suministros, deudas del país e inflación. Las variables son cualitativas y la unidad de estudio es la ciudadanía en general.
El documento describe los pasos de un proceso productivo que incluye 8 pasos numerados y un paso adicional de "clic". Se menciona un cambio en el sistema de numeración de un código de referencia de 0 a O. El documento también incluye registros de "clic" que parecen indicar el seguimiento del progreso a través de los pasos.
The document is a catalog from Big Joe California, Inc promoting their material handling equipment. It advertises a special deal on their L50 pallet truck with a capacity of 5,000 lbs, offering it for $389 which is 25% off the regular price of $489. It directs the reader to page 2 for more details on the L50-3 model. The catalog provides contact information for Big Joe's Northern California office in Hayward and lists several nearby cities it services, promoting its local service and national discounts.
The document outlines Starbucks' expansion into Vietnam, including a history of the company, an analysis of the Vietnamese coffee market, and a marketing strategy for Starbucks in Vietnam. It discusses competitors in the Vietnamese coffee market, as well as a SWOT analysis and segmentation/targeting of potential Vietnamese customers. The marketing strategy focuses on using price, product offerings, placement, and promotions to target high-income individuals and build the Starbucks brand in Vietnam.
El documento trata sobre el aprendizaje autónomo. Explica que el aprendizaje autónomo permite al estudiante elegir las formas, herramientas y horarios para estudiar de manera independiente y llevar a cabo su proceso de aprendizaje para lograr sus objetivos académicos. El documento fue escrito por el estudiante Jorge Armando Becerril Castañón para su curso propedéutico en seguridad pública y fue entregado a su tutora Claudia Ivonne Trujano Guzmán el 20 de agosto de 2016
This document discusses photovoltaic (PV) systems, which convert sunlight directly into electricity using solar cells. It describes two main types of PV systems: grid-tie systems, which are connected to the utility power grid and can supply power to a home while also sending excess power back to the grid; and off-grid systems, which operate independently without a grid connection and require batteries to store solar power for use when the sun isn't shining. The basic components of PV systems are described as solar modules, inverters to convert DC to AC power, charge controllers, and batteries for off-grid systems. Installation examples and diagrams of both grid-tie and off-grid systems are provided.
Liberdade na rede - e em plataformas de redes sociaisRafael Sbarai
O documento discute a liberdade nas redes sociais e plataformas digitais. Aponta que estas ferramentas revolucionaram a comunicação e organização de movimentos, mas também trazem riscos à privacidade e produtividade dos usuários. Debate-se o equilíbrio entre liberdade de expressão e responsabilidade no que é publicado online, e como as redes vêm evoluindo em direção a maior controle dos dados pelos próprios usuários.
HIRSCHTEC macht ein Social Intranet für FRoSTAHIRSCHTEC
Auf der Basis von Bitrix24 hat HIRSCHTEC für FRoSTA ein unternehmensweites Intranet für über 1.600 Mitarbeiter eingeführt.
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1. Talent Trends - 2016
Prepared By
Malika Ahuja
MBA 4th Semester
Roll no. 1405006940
April, 2016
Malika Ahuja
HR Project
2. Acknowledgements
Mr. Ranjit Dhiman, Guide
Mr. Ajay P. Shrivastava, Additional Director & Center Head STPI - Mohali
Mr. OP Vermani, Former Chairman, Chemistry Department, NIT Kurukshetra
Mr. Ankush Minocha, Campus Marketing Head, Wipro Technologies
Mr. P J Philip, Professor & Head, Business Management Dpt, NIT Kurukshetra
Mr. Manu Sood, Hub CEO - Upper North, Bharti Airtel Limited, Chandigarh
Mr. Sukhjit Dhiman, CEO Ranbir Singh Dhiman & Sons, Chandigarh
Mr. Vivek Atreya, Director Industries, Commerce & Renewable Energy,
Government of Haryana
Mr. Sumeer Walia, Executive Director SACC India, Chandigarh Area
Mr. Rachit Ahuja, Director Business Development , DC Web Services, New
Delhi
Mr. Sameer Jain, CEO Net Solutions, Chandigarh Area
Mr. Arun Khosla, Dean, Research & Consultantancy, NIT Jalandhar
Mr. Salil Mathur, Consultant, NIELIT, Chandigarh
Family
Malika Ahuja
3. TABLE OF CONTENTS
Introduction
Problem Statement
Objective
Methodology
Parameters/Trends of Talent
Context
Survey Results
Expert Views
Recommendations
Malika Ahuja
4. Introduction
Macroeconomic issues rippling across
global markets are having a significant
impact on business growth.
Skilled talent is increasingly scarce
and unevenly distributed around the
world.
Organizations are aggressively
competing for talented people in the
market.
Organizations more than ever need HR
to step into a strategic driving role.
This research is to get a
comprehensive view of talent trends
across industries & their implications
for HR & talent management.
Malika Ahuja
5. Problem statement (challenges)
New Wars for talent
Employee churn
Overwhelmed employee
Multi-generational & diverse workforce
management
Performance management to address new
workforce dynamics
Malika Ahuja
6. Objective
Empowering HR & business leaders with the
power of insight
To deliver essential knowledge & services to
keep the organization ahead of competitors
To enable organizations manage multi-
generational & diverse workforce.
To enable organizations change PMS to address
new workforce dynamics.
Malika Ahuja
7. Methodology
First level
knowledge about
what is happening
in the market, has
been gained by
discussions with
various employees
and leaders across
industries
Out of many
parameters or
trends which shape
the work
environment,
eleven have been
chosen for the
study
A Survey has been
done of HR leaders,
business leaders
and employees
across industries
Feedback has been
collected on
Google forms on a
set of questions
about the issues
they most care
about
Expert views of
leaders have been
taken to gain
knowledge about
the issues,
challenges and how
do they cope with
these
Secondary data has
been added with
appropriate
reference at few
places
The findings are
recorded and the
content has been
analysed
Interpretation has
been done to
identify the most
dynamic and
pressing issues
facing employers
right now and the
concerns they have
for the future
Recommendations have been given for each and every
trend which would help in Empowering HR & business
leaders with the power of insight and benchmarking
with others.
Malika Ahuja
8. Parameters/Trends of Talent
The top 11 trends shaping the work
environment:
Trend one: The Gen Y Talent
Trend two: The Aging Workforce
Trend three: The Multigenerational
Workforce
Trend four: The Diverse Workforce
Trend five: The Contingent Workforce
Trend six : New War for Talent
Trend seven : Make in India
Trend eight : Start-up
Trend nine : The Human Cloud
Trend ten : Importance of Social media
in HR functions
Trend eleven: Improving HR service
through Technology
Malika Ahuja
10. Gen Y Talent - Context
With 65 percent of its population under the age of 35, India today boasts one of the
largest available workforces in the world. And a large segment of this demographic
belongs to the Generation Y.
Gen Y is the most recent group of employees who are just beginning to launch their
careers.
Growing up with the Internet and various technological gadgets, this generation is also
the most tech-savvy.
Gen Y has a strong work ethic but wants work to be fun and flexible. This generation is
not afraid to challenge the status-quo. Strong friendships with co-workers and bosses are
extremely important to them.
Gen Y is the foundation of employment and leadership for the next two to three decades.
A paradigm shift in strategies, policies and procedures is required: using social-
networking sites for recruitment, better training, offering a corporate career site like
Deloitte that is interactive and engaging, and others.
This pool of young, customer-facing/sales-generating employees is going to drive and
impact organizations’ strategy in years to come.
Malika Ahuja
11. Gen Y Talent – Survey Results
My survey shows that about 28% of the workforce is less than 25 yrs old.
54% of the respondents believe that Greater Youth employment is a Top
Priority for maintaining a competitive workforce.
Malika Ahuja
12. Gen Y Talent – Expert Views
STPI is set up with an objective of encouraging, promoting and boosting of
software exports from India. STPI has been spearheading the growth of IT and
Information Technology Enabled Services (ITES) industry in the country. Mr.
Ajay believes that although Gen Y is responsible for a number of
transformations in the world we live in, it could do a lot better by
learning from the sustained research on effectiveness principles carried
out by the previous generation. Gen Y flourishes in economies where it
is met with an honest and development oriented regime.
Exclusive expert views: -----
Ajay P. Shrivastava
Additional Director &
Center Head STPI -
Mohali ,
Ministry of
Communication &
Information
Technology, Govt. of
India
Q.1. What challenges are being faced by organizations related to Gen Y?
Gen Y is enthusiastic but lacks experience
Gen Y has more opportunities so tend to move to metros
Gen Y is unable to work effectively as a team due to ego problems
Gen Y becomes dissatisfied if their ideas are not heard
Gen Y is unable to strategize effectively
Gen Y has high expectations in terms of facilities
Q.2. What strategies are being followed by organizations to attract and retain Gen Y population?
Invariably most organizations are at their wits end in attracting and retaining Gen Y population. They are doing their
best by adopting some of the strategies listed below:
Resorting to the realistic salary bench marking
Putting in place a 360 degree appraisal process
Investing on training the Gen Y employees to help them grow
Permitting a more informal atmosphere in offices
Allowing Gen Y work from home whenever possible
Malika Ahuja
13. Gen Y Talent – Recommendations
• Today’s young leaders lack experience. Provide an environment
where young talent is identified through early-identification
assessment tools, which match opportunities with their
strengths and provide them with high-impact projects that
allow them to showcase their abilities.
• Corporate event organization lets employees to have fun and
this also improves relationships between them.
It motivates, encourages employees of the company and it
strengthens their feeling of belonging.
Malika Ahuja
15. Aging Workforce - Context
Skill shortages may occur in certain occupations & positions due to an insufficient
number of workers with required skill sets to replace those who will be retiring.
As an effect, there can be lower efficiency and productivity levels, higher training costs
and higher compensation.
Also, a large number of older workers have the desire to work after the traditional
retirement age, and their reasons are not just financial.
Retaining retiring talent is to the mutual benefit of both the employer and the employee.
Additional benefits to the employer are that the loyal older employees not only enhance
the company’s reputation, but also yield higher quality work and attention to detail.
As the workforce ages and absences rise, the costs increase.
To reduce absences, some organizations are using methods such as provide wooden
flooring, easier-to-read computer screens, set up a wellness or health program at the
work place to encourage the workers to lead healthier lifestyles.
Growing ranks of older employees have helped in creating a friendlier, more
conscientious work environment.
Malika Ahuja
16. Aging Workforce – Survey Results
The survey shows that less than 10% of the workforce is more than 65 yrs old.
A large number of retirees leaving the workforce, is not yet a big challenge
in India to fill critical roles.
54% of the respondents believe that retaining key tenured workers by
offering special benefits is a tool for maintaining a competitive workforce.
Malika Ahuja
17. Aging Workforce – Expert Views
Dr. O.P. Vermani is Former Chairman, Chemistry Department at National
Institute of Technology, Kurukshetra. After teaching Applied Chemistry for 39
years to engineering students, he retired at the age of 62. He has been a visiting
fellow to various institutes in Haryana. He has to his credit a number of research
papers in Journals of National and International repute. He is best known for his
books Applied Chemistry, Theory & Practice and Industrial Chemistry,
recommended at various Engineering & Technical Institutions. Dr. Vermani
believes that retirees should get Respectable Pay Package, preferably with
Health Cover, linked to talent and work-load of the employees.
Exclusive expert views: -----
Q.1. Are you retired and still working?
At present I am not working. After working for 39 years, I retired in December 2005, at the age of 62. However after a gap
of about one year, I took up job elsewhere and worked for nearly seven more years. Finally, in January 2014, at the age of
70, I permanently retired.
Q.2. Why are more and more retirees returning to work?
Most people who work after retirement say that they have to work because of financial issues. Some of the financial
issues are:
Longer life spans
Limited or no savings
Decreasing pensions
Rising cost of living
Healthcare costs rising very fast
Decreasing value of investments
OP Vermani
Former Chairman,
Chemistry
Department
NIT Kurukshetra
Malika Ahuja
18. Aging Workforce – Recommendations
• Install a phased-retirement program.
• Offer flexible work and retirement options, putting more emphasis on employees’
loyalty, track records, competence and common sense.
• Retrain employees for jobs that better suit their aging skill sets, say, to help oversee
projects, foster community relations, and facilitate intergenerational mentoring.
• Consider recently retired executives for temporary consultancy roles.
• Reward managers for retaining older workers who can contribute to achieving
organizational goals.
Malika Ahuja
20. Multi Generational Workforce - Context
Generation gaps at workplace have taken on a whole new meaning.
There are the Veterans—the older generation of senior executives who are 30 to 40 years
into their careers, Baby boomers & Generation X which hold most of the management
roles, and Generation Y—the fresh-faced younger generation of newcomers.
Differences in skill sets, work values, attitudes and overall approach to life exist across
generations and one size does not fit all.
As new generations join the workforce, there is a period of adaptation that's required on
both ends.
New talent needs to respect and assimilate, while established talent needs to adjust and
remain flexible.
With post- millennials, known to some as Generation Z, quickly approaching college age,
the next generation will be joining the ranks of working professionals within the next few
years.
Malika Ahuja
21. Multi-Generational – Expert Views
Mr. Ankush Minocha is an IT industry leader & his core experience is
into Business engagement & IT services delivery for more than 20 years. He is a
pioneer of various models of Leadership & a distinguished speaker in
Leadership & Entrepreneurship both in Industry & Academics. Mr. Minocha
believes that while most of the Learning workshops have elements of
Unlearning; however there is a need to design Unlearning workshops for
Managers/Leaders & Employees. Free mind growth thinking must be
designed in Organization trainings for employees to Enjoy Learning and
prosper.
Exclusive expert views: -----
Q.1. What challenges are being faced by organizations related to multigenerational workforce?
Leadership Styles & Leading Diverse workforce- We need to revisit our own Leadership styles, make it more grounded
according to Multi generational People. We lead and win them beautifully though Collaborative grounded Behaviors.
Inclusive Growth & Employee Retention- Organizations need to ensure Employee Growth is happening well on deserved
time for the multinational workforce.
Learning & Unlearning Curve
Q.2. How organizations can increase collaboration between older and young generation?
On Ground Leadership connect
Town halls and Leadership surveys
Ankush Minocha
Campus Marketing
Head
Wipro Technologies
Malika Ahuja
22. Multi Generational – Recommendations
• Include all generations on committees and task groups
whose opinions and recommendations are solicited by
management.
• Design incentive schemes for retention of retirees
carefully and implement consistently to avoid resentment on
the part of younger employees who may feel they are being
disadvantaged.
Malika Ahuja
24. Diverse Workforce - Context
To manage the diverse workforce successfully, major challenges faced by the
organizations are communication, resistance to change and implementation of
diversity in the workplace policies.
A company with a diverse workforce outperforms those that are less diverse.
A diverse workforce enhances a company’s competence, working climate, production and
efficiency, thereby inculcating a culture of innovation and creativity.
It enables better problem solving, ultimately leading to superior performance.
Also, a diverse workforce allows the company to serve an increasingly diverse
customer base.
According to a recent Gallup research, a gender diverse workforce impacts a
company’s bottom line.
Business units that are gender diverse have better financial outcomes than those
dominated by one gender.
Malika Ahuja
25. Diverse Workforce – Survey Results
86% of the respondents think that higher representation of
women in leadership positions improves organizational &
financial performance
More than 50% respondents say that % of women at the
Executive level is less than 5%.
Only 34% say that % of women at Leader level is 6-10%
55% say that they do not have Executive Board Diversity
55% believe that nurturing an Inclusive Diverse workforce is
Just Good Business
72% say that their Workforce Diversity reflects their
Customer base
Malika Ahuja
26. Diverse Workforce – Expert Views
Dr. P J Philip is Professor& Head, Department of Business Management at
National Institute of Technology, Kurukshetra. Other positions of
administrative responsibility held by him in the institute are—Dean,
Students’ Welfare; Head of the Department of Humanities & Social Sciences &
Professor In charge, Public Relations. He believes that the top management
of an organization should convey, in very clear terms that they value
cultural diversity and it should be demonstrated in all their policies and
practices. He also believes that women are better endowed with various
finer qualities that make them more suited to higher positions.
Exclusive expert views: -----
Q.1. Do organizations need to have separate strategies to hire diverse workforce?
Diversity is a vital strength of the country and needs to be promoted in all spheres of activity. Organizations, therefore,
should deliberately and consciously develop appropriate strategies to have a diverse workforce. Such a workforce
would be instrumental in incorporating diverse values and diverse views into the cultural fabric of the organization,
which would, in turn, contribute to balanced decision making and harmonious coexistence.
Q.2. While organizations do have a higher percentage of women employees at lower levels, the number reduces at
higher levels. How can organizations bridge this gap?
The Indian society is in transition. From a male dominated society, we are in the process of bringing about gender
equality. Empowering the girl child by educating her and equipping her with employable skills is a step in the right
direction and is increasingly gathering momentum. Already, many Indian women occupy the highest positions in many
premier organizations. Therefore, the eligibility and competence of women to be in high positions is no more in
question. In fact, there are many research studies that have shown that women are better endowed with various finer
qualities that, in many ways, make them more suited to higher positions. Therefore, if organizations keep an open
mind and male employees are sufficiently gender-sensitized, having women in high positions should not anymore be
an issue at all.
P J Philip
Professor & Head,
Department Of
Business Management
NIT Kurukshetra
Malika Ahuja
27. Diverse Workforce – Recommendations
• Cultural fit: Organizations should clearly define their corporate culture. Hiring
managers should place greater emphasis on finding talent whose aptitude, work
habits, and values closely align with those of their employer.
• To achieve the real benefits that diversity can bring, managers must look carefully
at the gender balance in specific business units when designing and
implementing a strategy to increase diversity.
• Create an engaged culture that enables men and women to form trusting
relationships and motivates them to perform at a high level.
• Develop a hiring strategy that increases diversity in these units without reducing
or ignoring merit.
• Create opportunities to celebrate events and opportunities that are specific
to various cultures.
Malika Ahuja
29. Growing Contingent Workforce - Context
A contingent workforce is a provisional group of workers who are not on the company
payroll but who work for an organization on a non-permanent basis, such as freelancers,
independent experts and professionals, temporary contract workers, multiple job
holders, part-time workers, and independent contractors, employees of contract
companies and workers who are on call.
The continuing talent gap, labor and skills shortages are definitely causing difficulties
among companies today and reinforcing the already established trend of using more
contingent workforce.
Availability of more and more independent workers, through online freelancer market
places, like freelancer.com, crowd sourcing platforms and other kinds of work
intermediation platforms (WIPs).
Direct sourcing made possible by technology solutions like freelance management
systems (FMS).
Offers company the ability to tap into extensive networks of individuals with hard-to-
find skills.
As the baby boomer generation is starting to retire, companies are bridging the critical
skills gap with more contingent workforce.
Malika Ahuja
30. Contingent Workforce – Context ..contd..
Increases the flexibility to scale up or scale down with business demand and economic
changes and alleviating the impact of workforce restructuring.
Savings in long-term compensation costs.
Opportunity to save costs, in benefits and tax.
Legal and regulatory challenges when governments pursue companies that improperly
categorize workers from a tax perspective. This can lead to significant penalties, fines,
and legal costs.
Lack of loyalty to employer or company.
Possible loss of trade secrets, intellectual property, and organizational knowledge.
May disturb an organization's core morale and culture
Additional training costs
Worker carries the full risk with limited benefits.
Many recent surveys have shown that, in future, the need for contingent workforce will
keep on growing.
Malika Ahuja
31. Contingent Workforce – Survey Results
14 % of the respondents say that they will recruit Contingent workers in case
Permanent employees leave
7% say that above 60% of their workforce is temporary
10% say that 40-60% of their workforce is temporary
30% say that 21-40% of their workforce is temporary
41% say that during Workforce planning, they consider the Total Workforce
38% say that during Workforce planning, they consider Permanent &
Temporary Workforce
Malika Ahuja
32. Contingent Workforce–Recommendations
• Standardize the management of contingent workers when possible, making it
similar or identical to that of full-time employees.
• Give them a strong sense of belonging by sharing with them exciting company
news.
• Train them so they continue to develop their knowledge of your organization and
their own expertise.
• Have an effective strategy in place to keep the contingent workers engaged.
• Connect your contingent workers to each other providing an additional layer of
support.
• These efforts will ensure that they know your organization and will represent
you well when they are out in the world.
Malika Ahuja
34. New War for Talent - Context
Organizations are aggressively competing for talented people in the market due to deep
belief held by leaders that competitive advantage could be achieved from employing the
best talent.
The globalization and advancement in information technology (IT), in which developing
countries play a major role, has caused a new war for talent.
Organizations can no more pick & choose between several great candidates for one
position.
Employers need people who can contribute immediately and add value today and who
are flexible to continue to add value in the future.
They need to get the right people on the bus & in the right seats to succeed.
Many organizations are facing talent shortage as a major restriction to pursue growth
opportunities. Skill shortage and talent war is further worsening the situation.
If care is not taken by buttressing the organizational culture & climate that gives
emphasis to talent acquisition, then in coming years, the requirement for talented people
will surpass the availability of skilled workers at different levels in all industries.
Malika Ahuja
35. New War for Talent – Survey Results
31% of the respondents use one-size-fits all approach,
while the rest provide a balance of different incentives
for engagement & retention of employees
62% of the respondents understand the expectations of
the employees through both Internal stay feedbacks &
Exit interviews
93% see value in Brand building & 52% consider
Employer brand of higher value
80% say that spending on Brand building is expected to
rise in the next 5 years in their organization
Only 10% find their organizations' ability to attract
talent Excellent, while 62% find it Good
82% consider Competitive salary & benefits as the prime
factor in attracting Top talent, followed by Employer brand
(72%) & Reputation of the Organization (72%)
Malika Ahuja
36. New War for Talent – Expert Views
Mr. Manu Sood is Hub Chief Executive Officer, Upper North, Bharti Airtel
Limited. He is currently handling a business of the 4 circles of Upper North –
Punjab, Haryana, Himachal Pradesh and J&K, which includes a full Airtel service
mix of Telecom, DTH and Telemedia. He was instrumental in defining the
distribution strategy, creating a new team & successfully driving a change agenda
in Airtel. Mr. Manu believes that keeping employees happy is the key to success.
Exclusive expert views: -----
Q.1. Do you see value in brand building? LinkedIn studies have shown that a company's Employer brand is twice
stronger indicator to attract skilled talent than its Company brand. Please share your views
Yes, I think it’s critical.
People do read the surveys and informally know about good Co’s. E.g. some trends people know of “HUL is a great Co”,
“Sapient was on top of surveys”, “In telecom Co’s, Voda was a top Co and only last month for the first time Airtel beat
them in one survey”.
Younger generation has options unlike us. So it’s no longer a few Co’s who have their way. Co’s need to make sure they
are on top of Employer Brand surveys to attract the best talent. And talent today seeks a good environment more than
the past.
There are books on Customer First and also on Employee First – by ex HCL CEO. Clearly many believe that keeping
employees happy is the key to success.
Gallup says people don’t leave Companies but leave bosses. Only Co’s who have a great environment are able to ensure
that bosses are not the reason of leaving very often. And this leads to a better Employer brand too as lesser attrition
means happier people.
Manu Sood
Hub CEO - Upper
North
Bharti Airtel Limited
Malika Ahuja
37. New War for Talent – Recommendations
• In the face of critical talent shortage, recruit more like a talent agency, i.e. settle for a
near fit (one who has some of the skills you would like) on your terms and conditions, and
train him as per your requirements.
• Re-employ retiree talent by offering them flexible work options.
• To engage and retain talent, use company’s Internal Job Market or Career Fairs, where
advice can be Croudsourced to help shape employee careers; or set up a virtual platform,
like ‘Career Connect’ launched by HCL Technologies, where employees aspiring for
particular positions can connect to best advisers (people who have charted out new paths and
careers for themselves) within the company.
• Through a structured job rotation scheme, ensure that no employee sits on a single project
for long and top talent can gain work experience with different teams and technologies. This
will provide employees with opportunities for career growth within the organization.
Malika Ahuja
39. Make in India and Skill India - Context
Launched by Prime Minister Narendra Modi on 25 September 2014, to encourage multi-
national, as well as national companies to manufacture their products in India. The
major objective behind the initiative is to focus on job creation and skill enhancement in
25 sectors of the economy.
100% FDI is permitted in the 25 selected sectors, except for space (74%), defence (49%)
and news media (26%).
With the demand for electronic hardware expected to rise rapidly, India has the potential
to become an electronic manufacturing hub.
In the year 2015 itself, many global companies started setting up new research and
development (R&D) centres and manufacturing plants. Some of these have already
started production.
Japan is setting up a special fund, called the "Japan-India Make-in-India Special Finance
Facility" for funding Make in India related projects.
Deals have been signed with OIS Advanced Technologies (France) for manufacturing
drones, and with Russia to build the Kamov Ka-226 multi-role helicopter, in India.
Malika Ahuja
40. Make in India & Skill India–Context..contd.
Airbus is bidding to make the C295 military transport aircraft with the Tata group.
Boeing and Lockheed Martin have offered to manufacture F 16 ‘Super Viper’ and F/A 18
‘Super Hornet’ in India, for Indian Air Force.
Make in India aims to transform India, from an agro based nation to a manufacturing
hub, whose share in GDP would rise to 25 per cent by 2022.
Twenty four manufacturing cities or hubs will be created and interconnected by building
the Delhi- Mumbai Industrial Corridor (DMIC).
A pentagon of road corridors consisting of DMIC, BMEC (between Bengaluru-
Mumbai), AKIC (Amritsar- Kolkata) CBIC (Chennai- Bangaluru), and ECEC (east coast
economic corridor), is to be created.
Make in India project has been featured In KPMG’s hundred most innovative global
projects.
Another milestone achieved is that India is now ranked the world's most attractive
investment destination by Carlyle, a leading private equity fund.
In July 2015, Prime Minister Modi launched the ‘Skill India’ initiative, with an aim to
train over 40 crore people in different skills, by 2022.
Malika Ahuja
41. Make in India & Skill India–Expert Views
Mr Sukhjit Dhiman is the CEO of Ranbir Singh Dhiman & Sons, a firm that has
been into designing & manufacturing of solid wood furniture for over four
decades. Apart from catering to the domestic market, they are exporting to
Australia, Canada, U.S. & U.K. Mr. Dhiman is a governing body member of
Furniture & Fittings Skill Council, promoted by Confederation of Indian
Industry (CII) & financed by National Skill Development Corporation (NSDC)
with an objective to enhance the employability of the Indian workforce globally.
He is a member of Indo German Chamber of Commerce and a member of FICCI.
Exclusive expert views: -----
Sukhjit Dhiman
CEO
Ranbir Singh Dhiman &
Sons
Chandigarh
Q.1. Have you diversified production under the Make in India scheme of the country? If yes, what are the products/
components that you are making?
We have not diversified yet under the "Make in India" scheme as the market is going through a deep recession and also
if experts are to be believed it is going to get worse than the Depression of 1930s.Every manufacturer must tread very
cautiously at the moment. We are currently continuing with the manufacturing of solid wooden furniture which in my
opinion does not need diversification at the moment.
Q.2. Is sufficient skilled man-power available for this?
Our industry, like others, is facing an acute shortage of skilled man-power.
Q.3. Have you started any new technical courses under the Skill India program?
I am a Governing Council Member of the Furniture & Fittings Skill Council in which we are working very hard in
bridging Skill Gaps and promoting Entrepreneurship, the two pillars of the Skill Development Scheme.
In fact, I am closely working with the British Furniture Sector Skill Council to jointly set up a Furniture Skilling Centre
in my factory to initiate state of the art training in our country. It will be a Pilot Project which would be replicated later
in different parts of the country.
Malika Ahuja
42. Make in India & Skill India–Recommendations
• Coach and mentor junior employees and guide them to improve their skill
sets.
• Start vocational training and skill improvement academies in partnership
with NSDC.
• Collaborate with foreign investors to setup plants for manufacturing products
that India is importing.
Malika Ahuja
44. Start-ups - Context
While delivering his Independence Day address from the ramparts of the Red Fort last
year, Prime Minister Modi had announced 'Start-up India, Stand-up India' initiative to
encourage innovation and entrepreneurship among young people.
In line with this initiative, a five-fold hike has been made by the government in its budget
for funding start-ups in this fiscal.
The tax benefits announced by the government for budding entrepreneurs, with an
annual turnover of less than INR 25 Cr., will be available from April 1.
To help these entrepreneurs, Department of Industrial Policy and Promotion (DIPP) has
released FAQs to provide better information of the whole process.
Sixty per cent of the funding would go to companies that are into hardware and
manufacturing business.
Two major problems faced by startups are: 1. Employee engagement, and 2.
Funding.
2015 was characterized by free and easy funding for start-ups through Venture Capital.
The business model was called a unicorn, characterized by superfast growth, fuelled by
VC money, but no profits in the beginning.
Malika Ahuja
45. Start-ups – Context..contd….
The idea is that the business will reach “scale” first, before concentrating on making
money once it has won plenty of market shares. Uber is a prime example.
Problems in the business models of many unicorns, like Twitter and Birch box, were
revealed once the VC money started drying up by the beginning of 2016.
The start-up investment is now defined by a very different creature---the cockroach, a
business that grows slowly and steadily from the word goes, keeping a close eye on
revenues and profits.
DST to provide seed capital to 50-80 new ventures, related to science and technology,
with funding ranging from 50 lakh to 1 crore per company.
With the seed money, startups can approach Venture Capitalists or other funding
agencies.
The Government will also open 25 technology-business incubators to provide relevant
training.
The cost of doing business in India is reasonable and it is a hot market with a lot
of startups. The government is supportive which makes it easier and more reliable to do
business here, than in China. India has the third highest density of startups.
Malika Ahuja
46. Start-ups – Expert Views
Mr. Vivek Atray is an IAS officer, an Inspirational Speaker and a Novelist/Author.
He has excelled in Investment Promotion, IT & e-Governance,
P.R./Communication, Skill Development, Tourism, Sports Administration. He is
an inspirational speaker and an acclaimed orator at events organized by
NASSCOM, CII, TIE, MAIT, IIFT, Vibrant Networking Forum and others. Mr.
Atray won much acclaim for his role in developing the IT Park in Chandigarh,
when he was the Director of IT. He believes that there will be more hands on
experience for talented youth to upgrade their skill sets in smaller start
ups vis a vis bigger companies.
Exclusive expert views: -----
Q.1. Are Start-ups helping us to create larger Talent pool?
They are indeed. More entrepreneurial ventures are likely to create more jobs and attract diverse types of talent. There
will be more hands on experience for talented youth to upgrade their skill sets in smaller start ups vis a vis bigger
companies.
Q.2. What supporting environment is needed for Start-ups?
The need for the Government is to largely keep out of their way and not create impediments to their growth. An eco
system that encourages innovation and does not frown upon failure, for there is bound to be some. A tax structure that
is conducive. Ease of doing business in States.
Q.3. Do Start-ups need innovative & unique strategies to attract and retain talents?
They certainly do. Talented youth are attracted to newness and not sameness. Fresh ideas will attract the best talent.
Q.4. How Start-ups use technology to get return with limited investment?
Start ups can bank on the power of the internet. They can use freeware. They can use hand held or inexpensive devices
to create new software. The key is fresh thinking and innovation.
Vivek Atreya
Director
Industries,
Commerce &
Renewable Energy
Government of
Haryana
Malika Ahuja
47. Start-ups – Expert Views
Mr. Sumeer Walia is a Business Networker and a thought leader. He is a Business Community
Curator, a Startup Enthusiast. He has mentored over 200 Startup enthusiasts in Punjab,
Haryana and Chandigarh region. Through his successful tenure as Executive Director with TIE
(The Indus Entrepreneurs) and SACC (Startup Accelerator Chamber of Commerce), he has
sensitized over 15000 students/professionals by conducting over 250 events related to Business
Networking, Startup Mentoring and Development/Knowledge sharing and promotion of Co
working Culture. He has successfully headed two intensive Startup Projects a) Startup
Weekend Punjab at Progressive Punjab Investor Summit 2015 held at ISB, Mohali. b) Startup
Weekend for Women and Startup Weekend Haryana held during Happening Haryana Investor
Summit 2016 at Hotel Leela Ambience Gurgaon in March 2016. He believes that Startups do
well when the first team is like a passionate family contributing to address a cause and
a mission. Exclusive expert views:-----
Q.1. Are Start-ups helping us to create larger Talent pool?
Not exactly- talent organization is missing, can be worked out so that it is aggregated under one roof. In India most of
the startups are service based, innovation and RD based startups are less.
Q.2. What supporting environment is needed for Start-ups?
Structured Mentoring, Idea validation, MVP (early stage physical space/incubation), tech support for product
development and early stage funding.
Q.3. Do Start-ups need innovative & unique strategies to attract and retain talents?
Startups do well when the first team is like a passionate family contributing to address a cause and a mission, so
anything that keeps tech environment apt is welcome.
Q.4. How Start-ups use technology to get return with limited investment?
Startups sometimes avail offers of web development/tool product development from freebies like Amazon etc...They
also look for freebies on net, FB, etc which require lesser cost. Most of the time they develop stuff in house. But there
comes a stage, in my experience in dealing with Start-ups, when they get stuck at a certain point of product
development. What make them waver or frustrate is funds. They need funds either to build phase two of their product
or they need money now to market it. Normally out of 10 Start-ups queries, 7 would need up to 40-50 thousand USD as
seed money.
Sumeer Walia
Executive
Director SACC
India
Chandigarh
Area
Malika Ahuja
48. Start-ups – Recommendations
• Design business models that align financial and social goals as closely as possible.
• For a social impact start-up, find an investor who is philosophically aligned with the
idea and the entrepreneur, and is willing to give it the patient capital that social
enterprisers require.
• To transform the idea into reality, it is advisable to set up a pilot. It helps in
understanding the model better and also shows the investor that effort has gone into
testing the feasibility of the idea.
• Secure as much funding as possible from friends and family before approaching
professional investors.
• Put in place a suitable mechanism to keep the employees engaged.
Malika Ahuja
50. The Human Cloud - Context
Cloud computing is the use of a software as a service (SaaS) rather than a product, which
happens through a set of shared resources where the information is transmitted between
the resources over a network.
Collaborating in the cloud is a great way to share work with colleagues anywhere around
the world.
Investing in the right suite of cloud technologies may help co-creation in a dynamic
online environment — positively impacting interaction, collaboration and engagement,
while saving time and travel costs.
Small and medium sized businesses comprise early adopters. They have moved to the
cloud to be able to take advantage of the software innovations more quickly.
The larger an organization, the more complex change-management becomes in order to
ensure user adoption. Skills are also key considerations. Moving to the cloud requires a
willingness to change business processes and adopt software as delivered.
Many of the larger organizations have already shifted from on-premise Human Capital
Management (HCM) to cloud based HCM applications. Yet for other processes, they are
following a wait and watch approach, while looking for greater innovation.
Malika Ahuja
51. The Human Cloud – Expert Views
Mr. Rachit Ahuja is Founder & Director Business Development at DC Web Services
Pvt. Ltd. He has developed a cloud based software solution, known as Quick Dry
Cleaning Software, specifically for dry cleaning and laundry industry. With users
in 24 countries spread across 5 continents, it is one of the most comprehensive
products available in the market today. Mr. Rachit believes that Cloud based
computing is the upcoming phenomenon which is sure to transform the
way any business is being run today. Its flexible approach offers a low -
maintenance model whereby the user need not worry about the computer
related problems and headache of taking regular backups of data , and
instead invest all their energy to promote and manage their business.
Exclusive expert views:----
Q.1. What are your views on moving HR to Cloud?
Yes off course it makes sense to move HR over Cloud for the below-mentioned reasons:
Though Cloud-based collaboration and technology have the potential to improve any business process, it has been
mainly applied to HR processes of recruitment and employee management. The Cloud technology enables HR to
access the best profiles of a large number of prospective employees to choose from. This saves money and time
spent in recruitment of best talent.
The Cloud enhances the way data is stored and accessed by organizations anytime, anywhere. This enables the
employers to better align their workforce, enhance collaboration between the workers, keep the talent engaged and
thus increase productivity. In fact, cloud deployment continues to be the most popular approach for these two
processes.
Q.2. How to make best use of cloud based tools?
You can make best use of tools if the tools are easy to use and user-friendly. For instance, a mobile app is the best way
to make it easily accessible for the user, also coming up with browser add- on is also a good option.
Rachit Ahuja
Founder and Director
Business
Development
Deecoup
DC Web Services Pvt.
Ltd.
New Delhi
Malika Ahuja
52. The Human Cloud – Expert Views
Mr. Sameer is an entrepreneur with over 20 years of professional experience in the
technology sector, with a focus on consumer internet and mobility. He has
featured in global publications such as The Wall Street Journal, Entrepreneur and
Inc magazines. He believes that data security is very important for using
cloud.
Exclusive expert views:----
Q.1. What are your views on moving HR to Cloud?
We are currently using our own HR management systems and not using any cloud software. Two issues that we are
seeing at the moment:
Security of our data
Licensing costs
That said there are many SaaS solutions that are very niche and innovative that we want to use, so it is only a matter of
time that we will too.
Sameer jain
CEO Net Solutions,
Chandigarh Area
Malika Ahuja
53. The Human Cloud –Recommendations
• Ensure your organization is technically equipped to support
collaboration and new and emerging flexible modes of work.
• It’s better to put the right measures in place to manage data security and
educate your teams on company policies and practices.
Malika Ahuja
55. Social Media in HR - Context
Most organizations today are discovering that maintaining a social media presence is no
longer a choice, but a necessity.
Even if your company is not using social media, you still need a policy because your
employees are anyway using social media in their private lives.
Sites like Linkedin, Twitter, Facebook and Google+, and use of What’s App are becoming
increasingly important in job searching and employee recruitment.
The ability to access information and applications from a laptop, BlackBerry®, Android™-
based phone, or iPhone® from around the world can be a double-edged sword.
Talent acquisition is one of the first areas within many companies to embrace the social
media opportunity.
Employee performance: Social media tools make true 360-degree feedback a reality.
Immediate insight into team’s performance can be gained.
Innovation: Through effective employee collaboration by connecting people and ideas
in ways that have previously not been explored.
Driving business success: Through accelerated communication between suppliers and
customers.
Malika Ahuja
56. Social Media in HR – Context..contd…
Talent management: through robust and real-time training, development, and support.
Administration: through employee-centric HR operations, regardless of where the
employees are in the world or organization hierarchy.
Employee engagement
Brand building: Key social media leaders can become evangelists for the firm on social
media.
It has shown to increase employee engagement and productivity.
Inadvertent or deliberate leak of company’s privileged information is a risk.
Introduction of sensitive personal information into the workplace (politics, religion,
sexual orientation, lifestyle issues) is a risk.
Ownership issues regarding public forums/networks where employees might engage
with customers to discuss business issues.
Negative reviews, comments, and mentions on the social media, if not handled
properly, will adversely affect a company’s brand value and future talent
acquisition.
Malika Ahuja
57. Social Media in HR – Expert Views
Dr. Arun Khosla is presently Dean, Research & Consultancy, Dr B R Ambedkar
National Institute of Technology, Jalandhar and Associate Professor in the
Department of Electronics and Communication Engineering. He is a reviewer
for various IEEE and other National and International conferences and journals.
He also serves on the editorial board of International Journal of Swarm
Intelligence Research. He has conducted a number of tutorials in the domain of
soft computing at various national & international conferences. Dr. Khosla
believes that social media is a great tool that can be used for brand
building.
Exclusive expert views: -----
Q.1. Please share your views on ‘Importance of Social Media in HR functions’.
Social media has become an integral part of modern society and it usage is growing with every passing day. It has found
applications in all spheres and HR is not an exception.
One of the most obvious areas of opportunity within many companies who embrace social media is the talent
acquisition. For HR managers, using social media makes the recruiting process easier. Putting job openings on the
social media makes it convenient for the companies to reach out to the public and also for candidates to apply for those
jobs. Companies are also seeing more success using social media to recruit new employees as they can browse the social
media pages of potential candidates to determine their suitability. In addition to this, social media helps in the brand
building and also in maintaining communication with its employees, customers etc.
Arun Khosla
Dean, Research &
Consultantancy
NIT Jalandhar
Malika Ahuja
58. Social Media in HR – Recommendations
• To frame a good Social Media Policy, if one is already not in place, form a governance body of
key stakeholders that should have representation of IT, Legal, HR, Compliance,
Marketing, and Risk Management, that reviews current and planned use of social media
against current communications-related policies. Policy-making executive should themselves
learn the use of social media tools and know how both the organization and its employees are
using them. A professional certificate in social media in HR (from Cornell University’s ILR
School) prepares you to get the most from today’s online technology.
• Prepare a policy to leverage social media as a tool that aligns with the overall vision,
mission, and strategy of the organization.
• Make sure the emerging policies strike an appropriate balance between workplace and
personal use while maintaining some level of corporate oversight.
• Ensure that the policies are enforceable while being absolutely clear on what is
mandatory and what the consequences are for non compliance.
• Must consider workers’ rights in each unique geography.
• Monitor the policy continually and provide new guidelines that conform to the changing
legal frameworks.
Malika Ahuja
60. Technology in HR - Context
In today’s world, many organizations are using innovative technologies in alignment with
skills to manage the talent efficiently.
Some of the latest emerging topics in HR, for which adoption varies, include cloud
computing, analytics including predictive analytics, managing big data, machine
learning, employee sentiment analysis and social tools.
Talent analytics help in making the workforce planning process more efficient.
Workforce data and analytics help in improving alignment of employees and company
strategy.
Unfortunately, most HR professionals lack the skills to make use of these tools.
HR departments are chock full of great HR transaction folks, recruiters, compliance
people and more in these groups.
New skills, capabilities and insights are needed to make HR more relevant and able to
exploit today’s new HR technologies.
As big data becomes the prevalent resource and tool, HR professionals need to develop
skills and comfort with data and statistics.
Malika Ahuja
61. Technology in HR – Expert Views
Mr. Salil Mathur is a Start-up enthusiast, an accomplished executive and a
decisive leader. He extends the much needed holistic package to transform the
ideas of start-ups in to successful business ventures. He held positions of Head
DC, Data Infosys Pvt Ltd. & CEO, Techtier IT Solutions. He has to his credit a
number of publications. He believes that technology will enable managing
of skill gaps, trends and risks and offer an improved skill distribution.
Any amount of automation will not supersede the human role which will
always be the last mile of the connection.
Exclusive expert views: -----
Q.1. How to use technology to shape up HR services & be competitive in current environment?
Technology can unlock data on employees gathered and gained insights through various HR programs and
interactions. It will also enable managing of skill gaps, trends and risks and offer an improved skill distribution. HR
practices are no longer judged by hiring alone the matrix is changing to quality talent management. HR has to engage
increasingly in guiding the management by closing information gaps and talent mobilization. Finding ways to engage
with employees also helps in reducing human biases for appraisals and compensations. Technology in HR will enhance
employee experience and needs to move beyond just payroll software.
Q.2. The primary responsibility of HR is towards the employees and not the organization. Please share your views.
This is a difficult and touchy question to answer without forsaking the ethics side. Yes HR’s primary accountability is to
the management and that goes for all employees. However HR might have to do a tricky arbitration at times and save an
employee from harsher view that a management might take of him. HR must guide the management and keep them
informed about employee sentiment in general.
Salil Mathur
Consultant
National Institute of
Electronics &
Information
Technology (NIELIT)
Chandigarh
Malika Ahuja
62. Technology in HR – Recommendations
• Organizations should change their view of HR, from a support function to a
co-equal role in business strategy.
• They should reach outside of the traditional candidate pool to find new
talent with the quantitative skills needed to effectively use emerging HR
technologies.
• HR technology should have a prominent position in any organization’s IT
strategy.
• New technologies should be inducted at a pace at which no section of employees
feels aggrieved, as otherwise it may result in workplaces where the generational
divide may become increasingly difficult to handle.
Malika Ahuja