SlideShare a Scribd company logo
1 of 36
Download to read offline
I N D I A
W RLD
VOL 02
2024
Enterprise Essential
The Evolution of Human
Resource Management as an
Important Business Function
The Most
Admired
HR Solution
Providers
to Watch
www.cioworldindia.com
Rise and Shine with
AscentHR
The Most Admired HR Solu on
Provider on the Horizon
People Capital
Top Ten Modern Trends
Transforming HRM
Present and Future
Mr Subramanyam S,
Founder,
AscentHR
The Most Admired
HR Solution Providers to Watch
n the dynamic realm of Human Resources (HR), the
Irole of solution providers has emerged as increasingly
pivotal. Adaptability stands as a foundational quality
that sets esteemed HR solution providers apart. As the
landscape of work undergoes constant evolution, these
providers showcase their ability to adapt in sync with the
evolving needs of organizations. They adjust their solutions
to align with emerging trends, ensuring the continued
relevance of their offerings in dynamic work environments.
Innovation serves as a cornerstone for earning admiration
among HR solution providers. The most esteemed entities
in this field exhibit a dedication to pushing boundaries and
introducing fresh approaches to tackle challenges in talent
acquisition, employee engagement, and workforce
management. Their innovative solutions not only streamline
HR processes but also bolster the overall effectiveness of
organizational strategies.
Architects of the
Future in Human
Capital Management
Editor’s
Note
Esteemed HR solution providers prioritize user-centric
design principles. They understand the importance of
crafting tools and platforms that are intuitive, user-friendly,
and tailored to the distinct requirements of HR
professionals. This focus on user experience enhances the
adoption and efficacy of their solutions across diverse
organizational landscapes.
The adept utilization of technology to enhance HR practices
is a defining characteristic of the most respected solution
providers. Whether through sophisticated analytics,
artificial intelligence, or other state-of-the-art technologies,
these entities harness digital tools to augment decision-
making, streamline workflows, and offer data-driven
insights that empower HR professionals.
Furthermore, another aspect that distinguishes respected
HR solution providers is their commitment to fostering
inclusivity and diversity. They acknowledge the
significance of creating solutions that cater to the varied
workforce landscape, addressing the unique needs and
challenges encountered by different demographic groups.
This inclusivity extends beyond their products to
encompass their organizational cultures as well.
This brand new CioWorld India edition, ‘The Most
Admired HR Solution Providers to Watch,’ explores the
roles that make certain HR solution providers stand out as
the most admired. It delves into the intangible qualities that
set them apart in a competitive and ever-changing industry.
As organizations grapple with the complexities of talent
management, these esteemed HR solution providers stand
out as symbols of innovation, adaptability, and user-focus.
Their contributions play a pivotal role in shaping the future
of HR practices, influencing how businesses tackle human
capital management in a constantly evolving professional
environment.
Cover
Story
06
06
Rise and Shine with
AscentHR
The Most Admired HR Solu on
Provider on the Horizon
20
Infotrack Systems
A Game Changer in
the HR Solutions Landscape
28
Talent Corner HR Services
Building Better Workplaces
with Innovation and Insights
Contents
Profiles
Ar cles
16 24
Enterprise Essential
The Evolution of Human
Resource Management as an
Important Business Function
People Capital
Top Ten Modern Trends
Transforming HRM
Present and Future
Rise and Shine with
AscentHR
The Most Admired HR Solu on
Provider on the Horizon
AscentHR is more than just
so ware; it's a complete
ecosystem designed to
empower people, streamline
processes and fuel
organiza onal growth.
C O V E R S T O R Y
Mr Subramanyam S,
Founder,
AscentHR
he Indian human resource
Tindustry was reeling under the
quagmire of clunky payroll
software and impersonal employee
portals when a star rose on the horizon:
AscentHR. It revolutionized the way
the entire human resource sphere
functions.
When you step into the world of
AscentHR, you witness the
phenomenon of how human resources
transforms from a back-office burden
to a strategic advantage. This rising
star in the HR tech scene is more than
just software; it's a complete ecosystem
designed to empower people,
streamline processes, and fuel
organizational growth.
Yet, the first question you might be
asking is, why AscentHR? The answer
lies in its major distinctive traits.
*Beyond Compliance, Towards
Engagement: AscentHR goes beyond
just ticking compliance boxes.
Its intuitive platform fosters employee
engagement with learning,
performance management tools, and
seamless communication channels.
Watch employees thrive as they take
ownership of their growth and
development.
*Innovation in Every Byte:
AscentHR isn't content with the status
quo. The team constantly innovates,
integrating talent acquisition
advanced
tools, intelligent performance
analytics, and automated workflows to
make HR processes effortless and
insightful. Expect the unexpected as
they push the boundaries of HR tech.
*A People-First Philosophy: At
AscentHR, technology serves
humanity, not the other way around.
The company’s platform, StoHRM, is
designed with user experience at its
core, offering mobile accessibility,
customizable dashboards, and intuitive
interfaces that make HR management a
breeze for everyone.
The Most Admired HR Solu on Providers to Watch
*Built for Scale: Whether you're a
nimble startup or a sprawling
enterprise, AscentHR has your back.
Its scalable solutions adapt to your
evolving needs, empowering you to
easily manage talent, payroll, and
compliance, regardless of size.
*A Champion for Inclusivity:
AscentHR champions diversity and
inclusion in the workplace. According
to Mr Subramanyam S, the Founder,
their platform supports flexible work
arrangements, promotes equal
opportunities, and fosters a culture of
belonging for all employees. Watch
them lead the way in creating a more
equitable and thriving work
environment.
The Saga of Employee Empowerer
The origin of AscentHR traces back to
2002 when Subramanyam realized a
need for a solid and homegrown HR
solution that would help Indian
businesses in their journey to HR
Shortly a er our incep on, we rolled
out our first HR solu on, Power Pay, a
mul -country payroll engine
configured for 28 countries.
transformation and help them manage
their human resources more efficiently.
Shortly after its inception, the company
rolled out its first HR solution, Power
Pay, a multi-country payroll engine
configured for 28 countries. This
release marked a milestone in the
company's journey in the APAC
region, with Bangalore as its
operational epicentre. The solution was
primarily aimed at making complex
payroll processes simpler. The solution
prioritized growth opportunities in
HRO products and set the ball rolling
for the company’s evolution.
AscentHR’s business journey started
with just ten employees and a handful
of customers.
Since then, the company has been
focusing on growing organically –
from taking its solutions and
technologies and expanding them
worldwide to building support models
around sales and partner ecosystems.
In addition, the company also focuses
on achieving growth through mergers
and acquisitions to keep the entire
model running smoothly.
The company has enhanced its value
chain from payroll and benefits
administration to a full-service HR
solutions company covering multiple
global geographies. The company has
gone from ten employees two decades
ago to over 600 catering to over 700
customers representing diverse
industries and segments.
Today, the company has earned a
reputation for reliability, customer-
centricity, and customized solutions,
steadily growing from a humble
beginning to a family of multiple
connected entities spanning PEO,
RegTech, LeisureTech, and FinTech.
The Three Benchmarking Aces
AscentHR has emerged as one of the
most admired HR solution providers.
From the outset, its guiding philosophy
has been ingrained with the three
organizational tenets – Adaptability,
Accountability, and Accuracy. These
values remained a constant source of
empowerment as the company
expanded, evolved, and matured as a
living and growing entity. Today, these
values have become AscentHR’s DNA,
setting a benchmark for fellow
Ascentians to aspire to emulate.
With these values as its guiding
philosophy, the company has been
unleashing efficiency for its customers
since 2002. In fact, 2023 marks
AscentHR’s 21 years of being in a
thriving business. These values
underpin everything at AscentHR – its
people and the innovative HR solutions
the team builds.
AscentHR believes in connecting all
the parts of the company’s ecosystem
and stakeholder community. Their
success relies on these values as the
key ingredients to their relationships
with their employees, customers,
business partners, and the wider
community.
Crafting distinctive HR products and
delivering exceptional services driven
by their values has helped the company
attract marquee customers, business
partners, and staff. AscentHR now
enjoys a position of prominence
enjoyed by few other companies. The
company has earned a reputation for
excellence and customer-centricity,
making every stakeholder proud of
their affiliation.
Streamlining All Your HR Processes
The human resource landscape is
continually evolving. AscentHR
ensures that it remains adaptable and
ahead of industry trends, providing
innovative solutions to its clients.
AscentHR helps its client organizations
nurture the human resources they need
to grow. The team supports their
clients’ employees with HR and payroll
tasks through seamless workflows and
processes. As organizations adopt new
ways of working and use new
technologies to operate, they also
evolve in parallel.
As they grow and face new challenges,
their three organizational values guide
their people in the actions they take
and the decisions they make every day.
The company uses these organizational
values as a strategic approach to
optimize its performance. This, in turn,
empowers their clients to tackle their
HR challenges effectively through
customizable and scalable solutions,
which is key to AscentHR’s brand
identity - “Powering People
Practice.”
To navigate the evolving market
effectively, the company leverages its
well-thought-out organizational
structure to support its business goals.
The company has several market
divisions and functional groups, each
headed by an executive leader. They
rely on this structure to ensure business
focus, rapid implementation of
strategies, and enhanced governance.
Additionally, AscentHR’s business has
scale, infrastructure, experience, and
domain expertise. They consciously
consider the market and workforce
trends driving growth in the HRO
industry. They take advantage of
opportunities to deliver their HR
products and services.
As a global Professional Employer
Organisation (PEO), they help clients
drive their DEI (Diversity, Equity, and
Inclusion) by building a talent pool that
reflects a wider society with flexi-
engagement models and delivering a
superior employee experience.
With a host of proprietary solutions,
AscentHR caters to various business
requirements, from end-to-end payroll
to business expense and reimbursement
management, financial services and
personal financial wellness, online
survey tool, business compliance
management, and vendor compliance
management.
The Mark of Mighty
Over the last two decades, AscentHR
has made an indelible mark on the
HRO industry, and they continue to
evolve their products and services with
the best technology by understanding
their clients' unique needs and
challenges. For instance, the latest
offering they’ve built – StoHRM, is a
comprehensive, scalable HR system
that helps small and medium-sized
enterprises with everything they need
to manage human resources efficiently
and effectively. But they don’t stop
there. They continue to evolve the
software by upgrading it to achieve
HCM excellence and long-term
success.
Their developers constantly work on
modernizing their HR and payroll
platforms to make them more
accommodative and flexible, and they
add value in the form of new releases
to improve the user experience further.
In short, their strategy for excellence is
to make their systems future-proof,
ready to use, productive from day one,
and flexible to adapt.
Recognized as a driving force behind
AscentHR's achievements,
Subramanyam’s management ethos
and leadership style are culture-centric
and transformational. His approach is
to make an indelible mark on HRO
industry by inspiring AscentHR teams
to bring out exceptional products and
services that cater to clients’ unique
HR needs and challenges.
Known for his strong financial and
business acumen and his ability to
comprehend complex regulatory
environments, Subbu is a strategic
leader. He is adept at foreseeing the
evolving market needs and trends and
leveraging technology to meet those
needs.
Subramanyam’s approach to leadership
and building teams combines trust,
empowerment, and guidance. He
primarily focuses on establishing
relationships of trust, empowering
employees with the necessary tools and
resources to perform their jobs,
creating a culture of guidance, and
helping people move in the right
direction to drive outcomes
collaboratively.
Fostering Constant Tech-Access
The essence of human resources lies in
innovative solutions and enhancing the
employee experience. According to
Subramanyam, at AscentHR, they
understand the expectations one has of
technology. Today, virtually everyone
in the organization uses HR tools and
platforms. Employees expect those
tools to be user-friendly, effective, and
engaging as they perform tasks
efficiently on their phones.
That’s why AscentHR’s solutions are
built to optimize employee experience.
Subramanyam says, “When technology
is more accessible, mobile, and user-
friendly, our clients’employees are
more engaged and productive,
positively impacting the bottom line.”
Our greatest asset is our
people: That’s why we
invest substan ally in
employee development
and building our culture
to ensure that AscentHR
is a great workplace.
For instance, the features and
functionalities of their solutions and
applications come with access control
based on an employee’s role within the
organisation. This approach helps
secure privacy and confidentiality and
enhances ease of use by allowing users
to focus on what is relevant and most
important to them.
Additionally, all their solutions are
powered by a suite of HR analytics
tools, providing clarity and insights
into complex employee data. This
enhances the decision-making process
at every level of the organization.
Simply put, they balance functional
efficiency and workforce satisfaction
by placing the user’s experience at the
centre of any solution they design.
Innovation is the Key
Subramanyam furthers that managing
HR operations and payroll is becoming
increasingly intricate and time-
consuming. This is specifically true
among small and medium enterprises,
although they are opening up to HR
outsourcing and cloud-based HR
automation. Additionally, the
percentage of SMEs adopting HR
technology steadily increases yearly.
The start-up culture is also growing
parallelly, specifically in India.
He adds that as they continue to
observe these shifts, they realize that
their products and services must be
tailored to address the unique needs of
various business segments, helping
them increase their HR efficiency by
leveraging innovative HR tools.
To take advantage of this market
opportunity and further strengthen its
growth potential, AscentHR recently
adapted StoHRM, their comprehensive
enterprise HRMS tool, to make it
available to small and medium
businesses.
StoHRM echoes the team’s
commitment to providing an integrated
HR cloud solution designed to meet the
specific needs of HR professionals in
small and medium enterprises (SMEs).
StoHRM is a SaaS-based workforce
management platform built for SMEs,
as well as large enterprises, to help
them manage their HR processes with
a DIY (Do It Yourself) approach. With
a focus on enabling HCM on the cloud,
the solution automates the HR
processes that support the entire
employee lifecycle.
Tech AscentHR
In the realm of human resources,
technology plays a pivotal role in
enhancing efficiency. At the core of
their growth blueprint lies their ethos
of innovation and integration of
cutting-edge technologies evolving as
products, reinforcing their confidence
in continuously delivering unmatched
value to their esteemed clientele.
AscentHR’s HR software solutions and
applications help clients adapt to
change quickly and seamlessly,
providing them with unparalleled
digital transformation experiences.
They continue to expand their offering
and mature their applications through
their roadmap initiatives, investing
approximately 15% of their revenues
annually in R&D efforts to harness the
power of emerging technologies.
AscentHR’s technology stack is
diverse, with market-leading cloud
platforms, DevOps automation,
backend and frontend technologies,
and mobile app development
technologies. It is a carefully curated
ecosystem of programming languages,
quality assurance frameworks and
practices, and tools to ensure top-notch
and innovative project outcomes. They
rely on these technologies to craft
scalable and tailored solutions that
meet their customers’ unique
requirements.
Looking ahead, solidifying their
position as a tech-driven trailblazer
will be a clear focus for growth.
AscentHR is dedicated to enhancing
operational efficiency, delivering
impactful results through next-gen
products, and reinforcing its strategic
focus across the dynamic APAC-MEA
region.
An Amazing Team
The workforce is the cornerstone of
any successful organization.
Understanding it, at AscentHR, the
leadership fosters a culture of growth,
skill development, and empowerment
among their employees. Subramanyam
says, “Our greatest asset is our people.
That’s why we invest substantially in
employee development and building
our culture to ensure that AscentHR is
a great workplace.”
Ascentians come to work every day to
empower their clients to nurture their
human resources. They achieve this
mission by hiring, developing, and
retaining the top talent in the industry.
Their employee engagement model is
multifaceted. Besides regular
communication through an internal
employee magazine, internal mailers,
and town halls, they also carry out
regular employee engagement surveys,
with a good score in 2023. In 2023,
they became an “Amazing
Workplaces” certified organisation,
indicative of an effective working
atmosphere for employees with
AscentHR.
They also work through their website
and social media handles to keep their
employees and stakeholders engaged
and informed. They also provide their
employees with a free-to-use financial
planning tool called Jofin to enhance
their financial well-being.
They strive to foster an environment
that challenges, inspires, and rewards
their people. Innovative performance
management framework, teamwork,
and their three corporate traits –
Accountability, Adaptability, and
Accuracy are woven into their
corporate values. These values have
been reflected in their employees'
actions and behaviors.
Up and Above in Professionalism
AscentHR tailors its L&D programs to
cover various areas to meet its
employees’ upskilling, reskilling, and
career needs. The courses are
interactive and engaging, developed by
their in-house qualified trainers and
subject matter experts. The L&D
programs serve as an important
element of the continued success of
both the employees and the
organization.
We will con nue to
collaborate with our
customers on their HR
strategy in terms of HR
workflow, processes and
analy cs so that they
are equipped to achieve
new levels of efficiency
and the best business
outcomes.
Their robust performance management
system, consistent across all their
functions and locations, allows their
employees to channel their efforts
towards their goals and realize their
full potential. Additionally, they are
committed to training at every level,
from interns to executive leaders.
Besides focusing on developing their
existing employees, they also provide
internship opportunities to
undergraduate students. Through their
structured internship program, Begin
Your Ascent, they induct graduate
students pursuing their final year of
studies into their organization,
introducing them to the “real world of
work” by giving them basic domain
knowledge and fundamental on-the-job
training that can’t be learnt in
classrooms. This summer internship
program lays a foundation for the
interns to select their career paths and
build their networking skills, helping
them foray into new career fields and
realize their career aspirations.
The results of these dedicated
endeavors are visible in terms of
continuous process improvements and
how they do their business.
Outsmarting Obstacles
As a leader in India's human resource
horizon, AscentHR faced its share of
challenges. Sharing an instance where
his team's resilience and ingenuity
triumphed over adversity,
Subramanyam says that resilience
keeps the human spirit high in the face
of unprecedented challenges. The
global health crisis in 2020 was an
unprecedented challenge for
everybody, and “We were not an
exception.”
According to him, their challenges
were two-fold. While adopting agile
working methods, they also had to
adapt quickly and work harder to
understand their customers' needs and
challenges. This was important as they
were tasked with the huge
responsibility of overseeing payroll
management for their clients. As usual,
they had to ensure that the employees'
salaries were paid on time.
Additionally, new government
directives were to be decoded within
strict deadlines.
Due to the impact on revenues, several
companies introduced staggered pay
cuts, capped salaries, re-calibrated
incentives, re-configured job roles, and
other damage control measures. These
changes translated into frequent and
ad-hoc adjustments in the payroll
input. The AscentHR teams had to
demonstrate a higher level of diligence
to ensure on-time payroll and with
100% accuracy.
Even amidst the challenges posed by
the peak of the COVID-19 pandemic,
Ascentians demonstrated resilience in
delivering reliable payroll and
compliance services, keeping countless
lives from disintegrating, and adhering
to many statutory compliance
requirements that kept changing.
Subramanyam says they introduced
new work methods and policies that
nurtured their emotional well-being to
motivate their employees to perform
enthusiastically even during difficult
times. “We increased communication
and developed a constant feedback
loop, allowing issues and concerns to
be voiced and heard.” Implementing
this feedback loop was crucial to uplift
employee morale and provide support
to navigate various challenges, from
unreliable Wi-Fi connections to
feelings of isolation.
Driving a Holistic and Healthy Work
Culture
Today, every HR aspect goes beyond
the physical realm, touching on facets
like employee health and wellbeing
(physical and psychological).
Subramanyam adds that AscentHR
keeps employee well-being at the top
tier of its priorities. “We understand
that employee health and well-being
are indispensable to building our
competitive advantage simply because
these factors directly impact employee
attendance and job performance.”
Promoting employees’ health and well-
being leads to a more productive
workforce. Subramanyam says that’s
why they embrace these concepts and
put them into practice by adopting
multiple strategies, from office
equipment ergonomics and safety
policies and protocols to integrating
employee wellness initiatives.
AscentHR’s employee wellness
initiatives cover four key aspects –
physical well-being, social and
community well-being, financial well-
being, and mental and emotional well-
being to drive a holistic, healthy work
environment.
They engage their employees through a
robust rewards and recognition
program that provides meaningful and
employee-valued incentives, inspiring
positive vibes throughout the
organization.
AscentHR’s in-house HR teams drive
employee-centric programs and
policies. They conduct regular team-
building and fun activities, sports and
games, social events and celebrations,
employee surveys and feedback. Their
L&D function offers learning and
professional development
opportunities.
They empower their line managers to
offer flexible work arrangements, such
as flexi-time and reasonable
workloads. They also create a positive
work culture through senior
management visibility, ensuring their
leaders are visible and approachable.
They also support employees’ financial
security goals and aspirations through
their financial planning
platform – Jofin.
Let’s Grow Together
Looking to the future, Subramanyam
divulges his vision for AscentHR.
Originating as a specialized managed
services firm, it has evolved over two
decades into a pioneering force in HR
technology and business solutions,
driven by its adept utilization of
cutting-edge technology.
*Global presence. Subramanyam
informs that they currently have eight
offices in three countries, capable of
providing payroll delivery in 34
countries. “As we continue to grow
geographically in emerging markets,
we are where our customers are and
need us the most.”
*Innovation. He furthers that they
remain at the forefront of developing
and implementing HR technology.
AscentHR has over two decades of
experience in business support,
automation, consulting, staffing, and
compliance. Leveraging the latest
technologies and platforms, their
products and services continually
evolve, driving value across industries
and segments.
*Collaborative approach. They work
with their customers and business
partners to deliver value in each
project. They will continuously strive
to leverage and expand upon this
collaborative approach to propel us
into the future.
*Delivering results. “We will continue
to collaborate with our customers on
their HR strategy in terms of HR
workflow, processes and analytics so
that they are equipped to achieve new
levels of efficiency and the best
business outcome.”
Witness the Human Resource
Revolution
“We are proud of our journey so far.
We have graduated from managed
services to leveraging on tech and
evolving comprehensive and robust
products, enabling new GTM
opportunities.”
AscentHR isn’t just a software
provider; it is a game-changer. The
team is redefining how we manage,
engage, and empower our most
valuable asset: our people. At
AscentHR, their employees are
passionate about blending creativity
with technology to deliver integrated,
robust and scalable solutions to help
automate HR workflows. “Along with
our other entities, we provide a broad
range of products and services to cater
to various industries and business
segments,” concludes Subramanyam.
So, keep your eyes on AscentHR. As
they continue to innovate and grow,
expect them to disrupt the HR
landscape and shape the future of
work, one satisfied employee at a time.
Ready to witness the HR revolution
firsthand? Take a closer look at
AscentHR and join the team on an
inspiring journey to unlock the full
potential of your workforce.
uman Resource Management
H(HRM) has undergone a
remarkable transformation,
evolving from a purely administrative
function to a strategic partner driving
organizational success. In the
contemporary business landscape, this
significant evolution, transitioning
from a traditional administrative role to
a strategic business function marks the
beginning of a new era. Today, HRM
plays a vital role in driving
organizational success, ensuring that
enterprises thrive in an increasingly
competitive and dynamic environment.
From Personnel Management to
Strategic Partner
In the early days of industrialization,
personnel management focused on
basic tasks like payroll, recruitment,
record-keeping, and compliance. Thus,
traditionally, HRM primarily catered to
administrative tasks. It aimed to
maintain a compliant and efficient
workforce, with minimal emphasis on
employee well-being or development.
However, with the rise of knowledge
work and a more competitive business
environment, as businesses evolved
and became more complex, the role of
HRM expanded to encompass strategic
functions aimed at maximizing
The Evolution of
Human Resource
Management as an
Important Business
Function
16 |www.cioworldindia.com February, 2024
February, 2024
employee performance and
organizational effectiveness.
Organizations began to recognize the
value of their human capital, leading to
the emergence of HRM. Today, HRM
is not just about managing personnel
but also about aligning human capital
with business objectives and fostering
a positive organizational culture.
One of the key drivers behind the
evolution of HRM is the recognition of
employees as valuable assets and a
source of competitive advantage.
Organizations have come to realize that
attracting, developing, and retaining
top talent is essential for achieving
sustainable growth and success. As a
result, HRM has shifted its focus
towards talent management,
encompassing activities such as
recruitment, training, performance
management, and employee
development.
The Novel Vistas
Moreover, the digital revolution has
revolutionized HRM practices,
enabling the automation of routine
tasks and the implementation of data-
driven decision-making processes.
Advanced HRM software and analytics
tools allow organizations to optimize
their HR processes, improve efficiency,
and gain valuable insights into
workforce trends and performance
metrics.
This technological transformation has
empowered HR professionals to
become strategic partners in driving
organizational growth and innovation.
Another significant aspect of HRM's
evolution is its role in fostering a
positive organizational culture and
employee engagement. Research has
shown that organizations with strong
cultures and engaged employees tend
to outperform their competitors in
terms of productivity, profitability, and
customer satisfaction. As a result,
HRM has become increasingly focused
on initiatives aimed at promoting
employee well-being, diversity,
inclusion, and work-life balance.
Furthermore, HRM is playing an
increasingly important role in
navigating complex regulatory
landscapes and ensuring compliance
Enterprise Essen al
17 |www.cioworldindia.com
with labour laws and regulations. With
labour laws becoming more stringent
and enforcement mechanisms
becoming stricter, organizations rely
on HRM professionals to ensure legal
compliance and mitigate risks
associated with non-compliance.
HRM's Expanding Role
Modern HRM encompasses a broad
spectrum of activities beyond basic
administration. It now focuses on:
Talent Acquisition and Retention:
Attracting, recruiting, and retaining top
talent is crucial for organizational
success. HR professionals develop
strategies for talent acquisition,
onboarding, and employee
engagement.
Performance Management: HR
implements performance management
systems to ensure employees are
aligned with organizational goals and
receive valuable feedback for growth.
Learning and Development: HR
fosters a culture of continuous learning
by providing training programs,
development opportunities, and
resources for skill enhancement.
Compensation and Benefits: HR
designs competitive compensation
packages, including salary, benefits,
and rewards, to attract and retain talent
and ensure employee satisfaction.
Employee Relations: HR fosters
positive employee relations by
addressing employee concerns,
promoting a healthy work
environment, and ensuring compliance
with labour laws.
The Benefits of a Strategic HR
Approach
A strong HR strategy offers numerous
benefits to organizations:
Increased Productivity and
Performance: By investing in
employee well-being and development,
HR helps to create a more engaged and
productive workforce.
Enhanced Innovation: A culture of
learning and development can foster
creativity and innovation within the
organization.
Improved Employer Branding:
Strong HR practices can attract top
talent and contribute to a positive
company image.
Reduced Absenteeism and Turnover:
Engaged employees are more likely to
be satisfied and stay with the company,
reducing costs associated with
absenteeism and turnover.
The Future of HRM
The field of HRM continues to evolve.
Here are some key trends shaping the
future:
Data-Driven HR: HR is increasingly
using data analytics to gain insights
into workforce trends, optimize talent
management processes, and make data-
driven decisions.
Focus on Employee Experience:
Creating a positive employee
experience is becoming a top priority
for HR. This includes fostering a
culture of inclusion, work-life balance,
and employee well-being.
The Rise of Technology: Technology
is playing an increasingly important
role in HR, with tools for talent
acquisition, performance management,
and employee engagement.
The Road Ahead
HRM has transformed from a back-
office function to a strategic partner
driving organizational success. By
focusing on talent acquisition,
development, engagement, and well-
being, HR plays a crucial role in
ensuring a company's competitive edge
in the ever-evolving business
landscape. As technology continues to
revolutionize the workplace and
employee expectations shift, HR must
adapt and innovate to remain a vital
force in any forward-thinking
organization.
18 |www.cioworldindia.com January, 2024
18 |www.cioworldindia.com February, 2024
February, 2024
n today's competitive business environment, attracting
Iand retaining top talent is crucial for success. This is
where Private Limited, emerges as
Infotrack Systems
a name to watch in the ever-evolving HR solutions
landscape. With a comprehensive suite of technology-
driven HR solutions, Infotrack empowers businesses to
streamline processes, optimize operations, and create a
thriving work environment.
Established in 1994 by a team of seasoned IT professionals,
Infotrack Systems has not only navigated through the waves
of change but has emerged as a trailblazer in delivering
state-of-the-art HCM solutions.
Infotrack Systems' voyage in the realm of HCM
underscores its dedication to innovation, client contentment,
and technological prowess. As the company sets its sights
on the future, it stands tall on its accomplishments, poised
to pioneer new horizons in the ever-evolving arena of
Human Capital Management.
The amalgamation of forward-thinking leadership,
advanced technology, and an unwavering pursuit of
perfection drives Infotrack’s triumph. Infotrack is an ISO
9001:27001; 31000; 22301, and 14001 Certified software
company dedicated to crafting top-tier Human Capital
Management Products and solutions since its inception in
1994.
Infotrack Systems
A Game Changer in the HR Solu ons Landscape
Sameeksha Sahni,
CEO,
Infotrack Systems
Infotrack Systems is a
pioneering HCM
Solu ons provider for
three decades and
serviced numerous
sa sfied clients across
diverse industries.
20 |www.cioworldindia.com February, 2024
Infotrack Systems
From People Management to Payroll Perfection
Infotrack has catered to over 100 clients, including the
Ministry of Defence, Government of India, for whom it has
successfully executed numerous mission-critical and
intricate projects over the past 21 years. The Ministry of
Defence, Government of India, has recognized Infotrack's
contributions with a prestigious Gold Medal award,
acknowledging its valuable services.
As a prominent provider of on-premises and private cloud-
based HCM solutions, Infotrack serves Fortune India 100
companies, drawing upon over 30 years of extensive
domain expertise to implement HR best practices and offer
practical solutions. The Infotrack HCM Platform has
garnered the trust of more than 5 million satisfied users.
Infotrack goes beyond traditional HR software, offering a
holistic approach to managing your entire workforce. Their
solutions encompass:
Human Resource Management System (HRMS):
Simplify core HR processes like employee onboarding,
leave management, performance appraisals, and more.
Payroll Management System: Ensure accurate and timely
payroll processing with statutory compliance.
Contingent Workforce Management: Effectively manage
and optimize your temporary workforce.
Retirement and Benefits Management: Simplify
retirement planning and benefits administration for your
employees.
Virtual Assistant: Leverage AI-powered chatbots to
answer employee queries and automate routine tasks.
People Analytics and Predictive Insights: Gain valuable
data-driven insights to make informed workforce decisions.
Here are some notable HCM clients and their longstanding
associations with Infotrack:
Ÿ Gujarat Narmada Valley Fertilizers Group, the world’s
largest single-stream ammonia urea fertilizer complex,
has been partnering with Infotrack for over 23 years.
Ÿ Small Industries Development Bank of India has relied
on Infotrack's services for more than 21 years.
Ÿ Aurobindo Pharma Group has been a valued client of
Infotrack for over 20 years.
Ÿ The Murugappa Group, specifically the Chola MS
Group, has trusted Infotrack for more than 11 years.
Ÿ DCB Bank Ltd has been benefiting from Infotrack's
solutions for over nine years.
Ÿ Hero MotoCorp Group, the world’s largest two-wheeler
manufacturer, has looked to Infotrack for innovative
solutions for more than eight years, helping to shape the
workforce of the future.
A Constant Saga of Success
Central to the trajectory of Infotrack is a formidable
leadership duo comprising Dr. Bhushan Sahni, the
visionary Managing Director, and Sameeksha Sahni, the
dynamic CEO. Their unwavering dedication to innovation
and progress has propelled the company's growth and
achievements. Infotrack's distinctive Business-first
approach distinguishes it as a Business Integrator, uniquely
positioned to comprehend and cater to clients' business and
technological requirements.
The company's steadfast commitment to data security and
compliance goes beyond mere assurance; it is a tangible
reality underscored by its ISO certifications (ISO 9001,
27001, 31000, 22301, and 14001). These certifications not
only ensure the highest standards of business continuity but
also inspire confidence in clients regarding the integrity and
dependability of Infotrack's solutions.
Flagship Offerings
*People Dynamics - Human Capital Management Suite
At the heart of Infotrack's product lineup lies the People
Dynamics - Human Capital Management Suite. This fully
integrated, on-premises solution encompasses a wide array
of human capital management functionalities, including
employee relations, contingent workforce management,
retirement benefits, travel management, and ESOPs.
*Comprehensive Service Portfolio
Infotrack prides itself on delivering cutting-edge, end-to-
end, fully integrated, on-premises solutions. It stands out as
the sole provider of an object-oriented, AI-based, on-
premises HCM solution. Its extensive HR Suite features an
AI-powered voice-enabled virtual assistant, alongside ER
Suite, Contingent Workforce Suite, Retirement Benefits
Suite, and Analytics Suite.
February, 2024
21 |www.cioworldindia.com
Empowering enterprises with exceptional HR solutions,
Infotrack's Business-first approach ensures seamless
alignment of technology with future business needs.
Positioned uniquely as a Business Integrator, Infotrack
offers unparalleled control and robust data security through
its on-premises secure solutions. These software solutions
bolster customer development capabilities and substantially
mitigate risks.
Infotrack's People Analytics solutions deliver tangible
business benefits by amalgamating data insights with
analytics prowess. These insights drive productivity
enhancements across both HR functions and client business
operations. Furthermore, the 360-degree Continuous
Performance feedback management tool reimagines
traditional employee performance evaluations, providing a
more comprehensive and precise assessment.
Innovation at the Core
Infotrack doesn't just provide solutions; they prioritize
continuous innovation. Their commitment to cutting-edge
technology ensures their offerings are:
Geo-fencing and Geo-tagging: Dr. Sahni remarks, "These
solutions revolutionize our work dynamics by digitally
connecting our workforce, thereby enhancing productivity."
Empowering employees with flexible work schedules, Geo-
fencing, and geo-tagging augment employee efficiency and
overall business performance.
Employee Relations Suite (ER Suite): A unified
Employee Relations Suite centralizes the recording and
tracking of cases, disciplinary actions, and grievances
across the organization. This fosters visibility, consistency,
and efficiency in managing employee relations.
Rewards and Recognition: Effective employee motivation
is paramount, and Infotrack's Rewards and Recognition
system enables organizations to acknowledge daily
contributions and achievements, incentivizing employees
accordingly.
Machine Learning for Recruitment: Infotrack harnesses
machine learning to revolutionize the recruitment process,
rendering it more efficient and data-centric.
Power BI for Data Visualization: Integration of Power BI
facilitates comprehensive data visualization, equipping HR
professionals with robust analytics capabilities.
Face Recognition and Biometric-Based Attendance:
Infotrack leverages state-of-the-art technology to ensure
secure and streamlined attendance management through
face recognition and biometric-based systems.
Interactive Dashboards for Real-Time Data Analysis:
Infotrack's suite offers interactive dashboards for instant
data analysis, empowering organizations with actionable
insights in real-time.
People Analytics: This powerful feature enables
organizations to engage and retain top talent through data-
driven insights and strategic workforce planning.
Cloud-based: Access your HR data anytime, anywhere,
from any device.
Modular and scalable: Tailor solutions to your specific
needs and grow with your business.
Mobile-friendly: Empower employees with self-service
options on the go.
The Most Admired HR Solu on Providers to Watch
22 |www.cioworldindia.com February, 2024
AI-powered: Leverage artificial intelligence for tasks like
recruitment screening and sentiment analysis.
A Client-Centric Approach
Infotrack's People Dynamics HCM platform accomplishes
precisely this. It stands as an AI-based, unified, intuitive,
scalable, and secure Intelligent HCM platform, offering
users a seamless and top-notch experience. Embracing a
mobile-first approach, it delivers the speed, flexibility,
adaptability, and transparency demanded by today's
workforce, ensuring a rewarding employee journey coupled
with maximum operational efficiency. Especially in the
post-COVID-19 era, where physical interactions are
limited, there's a pressing need for a secure, intelligent, and
user-centric system like Infotrack's.
Infotrack understands that every business is unique. They
take pride in collaborating with clients to:
Ÿ Identify specific needs and challenges.
Ÿ Develop customized solutions.
Ÿ Provide ongoing support and training.
Ÿ Continuously refine their offerings based on client
feedback.
This focus on client success has garnered Infotrack an
impressive track record:
Ÿ Over 6,000 satisfied clients across diverse industries.
Ÿ Recognition by leading industry bodies.
Ÿ A dedicated team of experts with extensive domain
knowledge.
Infotrack's user-centric philosophy revolves around
leveraging technology to enhance employee productivity
while maintaining a harmonious work-life balance. As the
company envisions expanding its operations and offerings,
it is committed to delivering substantial business value
beyond mere HR process automation.
Innovations such as Machine Learning for Recruitment, AI-
powered Virtual Assistants, robust data visualization tools,
Geo-fencing and geo-tagging for mobile workforce
management, face recognition, and biometric-based
attendance systems, interactive dashboards for real-time
data analysis, and potent people analytics underscore
Infotrack's leadership in the HR Tech domain.
Established Collaborations: Fostering Trust Over Time
Infotrack Systems holds its long-standing partnerships in
high regard. The enduring bonds forged with clients,
characterized by repeated engagements and extensions,
underscore the trust and confidence organizations place in
Infotrack's consistent delivery of value.
Market Presence: A Lasting Impression
Infotrack Systems has made a significant impact in the
HCM market. Its influence extends not only across various
industries but also through the widespread reach and
efficacy of its solutions. The company's contributions have
been instrumental in shaping the HCM landscape,
establishing it as a reputable and esteemed player in the
industry.
Future Outlook: Spearheading Innovations and
Technological Advancements
Infotrack's vision centers on delivering tangible business
value that transcends traditional HR process automation
tools. The company aims to lead the way in revolutionizing
the HCM domain, with Sameeksha Sahni emphasizing the
pivotal role of their innovative technologies in realizing this
vision.
Looking for a reliable and innovative HR solutions
partner?
Infotrack Systems Private Limited is a name you should
definitely watch. They offer a compelling combination of
technology, expertise, and commitment to client success,
making them a valuable asset for businesses seeking to
unlock their full HR potential.
Infotrack Systems’ Hall of Fame
Ÿ Fortune India Magazine Feature (CEO, Sameeksha
Sahni) - "Most Influential Personalities and Business
Minds by Fortune."
Ÿ "Global Leadership Award for Excellence in Innovation
in IT & ITES."
Ÿ "Featured in the Leading SMEs of India 2023 by Dun
and Bradstreet."
Ÿ Featured in the influential CIOLook Magazine - "Most
Leading HR & Payroll Management Companies 2022."
Ÿ "Inspiring Women Leaders of 2023" at Times Group -
Economic Times Women Conclave 2023 (CEO,
Sameeksha Sahni).
February, 2024
23 |www.cioworldindia.com
Infotrack Systems
People Capital
24 |www.cioworldindia.com February, 2024
Top Ten
Modern
Trends Transforming
HRM Present
and Future
n today's rapidly evolving
Ibusiness landscape, the concept of
Human Resource Management
(HRM) is undergoing a fundamental
shift. A profound transformation,
driven by technological advancements,
changing workforce demographics, and
shifting organizational priorities, is
already happening. We're moving away
from a focus on "personnel" and
towards a strategic view of people
capital.
As organizations recognize the value of
their people as their most valuable
asset, HRM is adapting to meet the
demands of the modern workplace.
This recognizes the immense value
employees bring to an organization and
the critical role HR plays in attracting,
developing, and retaining this valuable
asset.
Here are ten key trends transforming
Human Resource Management (HRM)
in the present and shaping its future:
The Rise of Data-Driven Decision
Making: Big Data Management:
One of the most significant trends in
HRM is the shift towards data-driven
decision-making. HR professionals are
February, 2024
25 |www.cioworldindia.com
leveraging advanced analytics and
predictive modelling to gain insights
into workforce trends, employee
performance, and organizational
effectiveness. By harnessing the power
of data, HRM can make more informed
decisions that drive business outcomes
and enhance employee satisfaction.
The Rise of Smart Machines:
Artificial Intelligence (AI) and
Automation:
AI is automating many HR tasks, from
resume screening to performance
analytics. AI and automation are
revolutionizing HRM by streamlining
administrative tasks, improving
recruitment processes, and enhancing
employee engagement. This allows HR
professionals to focus on more
strategic initiatives and personalized
employee experiences. Chatbots,
virtual assistants, and AI-powered
algorithms are being used to automate
routine HR activities, such as resume
screening, candidate sourcing, and
onboarding, freeing up HR
professionals to focus on strategic
initiatives.
The Rise of the Hybrid Work Model:
Remote Work and Flexible
Arrangements:
The COVID-19 pandemic has
accelerated the adoption of remote
work and flexible work arrangements,
transforming the way organizations
manage their workforce. The pandemic
normalized work from anywhere
(WFA) or home (WFH), while visiting
the office in-between and a hybrid
model is becoming increasingly
popular. HR needs to develop
strategies for managing a dispersed
workforce, fostering collaboration, and
ensuring a positive work-life balance.
HRM is embracing remote work
policies, virtual collaboration tools,
and flexible scheduling options to
accommodate the needs of a distributed workforce and
ensure business continuity.
The Rise of People Welfare: Employee Well-being and
Mental Health Support:
Employee well-being and mental health support have
emerged as top priorities for HRM in light of the
pandemic's impact on employee wellness. Organizations are
implementing initiatives such as employee assistance
programs, mental health resources, and flexible work
policies to support the holistic well-being of their workforce
and foster a positive work environment.
The Rise of All Inclusive Workplace Culture: Diversity,
Equity, and Inclusion (DEI) Initiatives:
DEI is no longer just a buzzword. It's a critical business
imperative. HR is at the forefront of creating inclusive
workplaces that attract and retain talent from diverse
backgrounds. DEI initiatives are gaining prominence in
HRM as organizations recognize the importance of building
diverse and inclusive workplaces. HR professionals are
implementing strategies to attract, retain, and promote
diverse talent, including unconscious bias training,
inclusive hiring practices, and employee resource groups
focused on underrepresented communities.
Skills Development and Continuous Learning:
With technological advancements reshaping job roles and
skill requirements, HRM is prioritizing skills development
and continuous learning initiatives. Organizations are
investing in employee training programs, upskilling and
reskilling initiatives, and digital learning platforms to
ensure that their workforce remains competitive and
adaptable in a rapidly changing environment.
Agile Performance Management:
Traditional performance management practices are being
replaced by more agile and flexible approaches that focus
on continuous feedback, goal alignment, and employee
development. HRM is embracing tools and methodologies
such as OKRs (Objectives and Key Results), continuous
feedback platforms, and agile performance reviews to
facilitate ongoing performance conversations and drive
employee growth.
Gig Economy and Contingent Workforce Management:
The rise of the gig economy and contingent workforce has
prompted HRM to adapt its strategies for managing non-
traditional workers. HR professionals are implementing
new policies and processes for recruiting, onboarding, and
managing freelancers, contractors, and temporary workers,
ensuring compliance and alignment with organizational
goals.
Employer Branding and Employee Experience: The
Growing Importance of Employee Experience (EX):
Employer branding and employee experience have become
critical factors in attracting and retaining top talent. HRM is
focusing on enhancing the employer brand through
employer value propositions, employer branding
campaigns, and employee advocacy programs. Additionally,
HR professionals are prioritizing the employee experience
by designing workplace environments that promote
engagement, collaboration, and well-being.
The Future of Work: Sustainable HR Practices:
Sustainability has emerged as a key consideration in HRM,
with organizations integrating environmental, social, and
governance (ESG) factors into their HR strategies. HR
professionals are implementing sustainable practices such
as remote work, green initiatives, and diversity programs to
reduce their environmental footprint, promote social
responsibility, and enhance corporate reputation.
Automation and technological advancements will continue
to reshape the workplace. HR needs to embrace change,
prepare for the future of work, and develop strategies to
equip the workforce with the skills needed to thrive.
These trends highlight the dynamic nature of HRM. By
embracing these changes and focusing on people capital,
HR can become a true strategic partner, driving
organizational success and ensuring a competitive edge in
the years to come. The future of HR is about creating a
work environment that fosters innovation, engagement, and
continuous learning, ultimately empowering people to be
their best selves and contribute to the organization's
success.
26 |www.cioworldindia.com February, 2024
hen Barry Davis said, “There is nothing more
Wimportant than the people we hire,” it
highlighted the significance of appropriate
talent acquisition. A resilient, reliable and flexible
workforce builds a strong foundation for any organization.
HR service provider companies come to the rescue when it
comes to the recruitment of a talented workforce.
In the widespread sector of HR services, very few
companies excel at providing remarkable services.
Talent Corner HR Services is one such helping hand that
thrives with its commitment to excellence, a dedication to
its client’s success, and a belief that in the realm of human
resources, every challenge is an opportunity to showcase
the transformative power of Talent Corner HR Services.
Mr Bankim Doshi,
Founder,
Talent Corner HR Services
Talent Corner HR
Services Building Be er Workplaces with
Innova on and Insights
28 |www.cioworldindia.com February, 2024
Here are the highlights of the Founder, Mr Bankim
Doshi’s interview with the CioWorld India team.
As a trailblazing HR solution provider, could you take
us back to the beginning of your journey? What
motivated you to step into this dynamic field?
In the vibrant heart of Mumbai, where dreams take flight
and ambitions reach for the sky, in 2002, Talent Corner HR
Services embarked on the journey of shaping the future of
Human Resources. Driven by a singular vision—to
revolutionize the recruitment process and help companies
on a PAN India level find their most valuable asset—their
people.
In 2002, Mr Bankim Doshi established the Talent Corner.
He started his career in 1978 as an Insurance Agent with
LIC of India. During his journey, he identified a gap
between demand and supply for the workforce. He
mentioned, “I observed that there is always a demand and
plenty of supply, but the biggest gap is that none of them are
aware of it. When we started the company, Naukri.com was
also new in the market. So, the recruitment industry was
still an unorganised sector. I saw the potential and decided
to embark on the journey!”
Could you share the guiding philosophy that has
propelled your organization’s success?
Our guiding philosophy is a set of principles and a living,
breathing force that propels us forward. Our journey to
becoming one of the most admired HR solution providers
has been guided by 3 Core Values—Integrity,
Transparency and Relationship. Our continuous
endeavour is to make the recruitment process Easier, Faster
and Transparent to absorb fresh talent. We aim to reduce
the gap and upgrade the relationship between a candidate
and clients.
The Indian recruitment industry has
been globally characterized as the
highest evolving and dynamic
industry! And we are proud to be a
part of it for the past 23 years.
People are at the heart of what we do within our
organization and those we serve. From day one, we adopted
a people-centric approach that involved understanding each
individual's unique qualities and aspirations. By placing the
right people in the right roles, we create workplaces where
individuals and organizations thrive.
How do you ensure your company remains adaptable
and ahead of industry trends, providing innovative
solutions to your clients?
At Talent Corner HR Services, our commitment to
remaining adaptable and ahead of industry trends is
ingrained in our organizational DNA to provide innovative
and effective HR solutions. We have achieved milestones in
the recruitment sector; however, to match the beat of this
dynamic industry, we also need some quick beat solutions.
*Continuous Learning Culture:
Fostering a culture of continuous learning, our team is
encouraged to stay abreast of the latest industry
developments, emerging technologies and evolving best
practices. Regular training sessions, workshops and access
to educational resources ensure our professionals are
equipped with the newest knowledge.
*Technology Integration:
With the help of advanced recruitment tools, we incorporate
cutting-edge technologies to streamline processes, improve
efficiency and provide data-driven insights. With this, our
clients benefit from the latest talent acquisition and
management innovations.
*Market Research and Analysis:
Our team conducts thorough market research and analysis
to keep a check on market trends and also monitors the
pulse of the candidates for each market segment. This helps
us anticipate future challenges and opportunities and
develop strategies that align with the evolving needs of our
clients.
*Collaboration and Partnerships:
We actively engage with thought leaders, industry experts
and professional networks to exchange insights and stay
connected with the broader HR community. Mr Rashesh
Doshi is a Member of BNI (Business Networking
February, 2024
29 |www.cioworldindia.com
International), Round Table India and Mr Harsh Mariwala’s
(Marico Industries) PSR Project–Ascent.
Could you shed light on your approach to leadership
and team building within the organisation?
My leadership style is based on strategic foresight, people-
centric values and a commitment to fostering a culture of
innovation and collaboration. I always set ambitious yet
achievable goals for my team members. The goals are
always directed to bring new clients or get more
requirements closed and to guide the organization on a path
of sustained growth and relevance in the ever-evolving HR
landscape. This allows the team to anticipate industry trends
and proactively respond to emerging challenges.
Talent Corner strongly emphasises a people-centric
approach and values open communication. The
management also actively participates in brainstorming
sessions that boost employee morale and enhance
organizational creativity and problem-solving. We instil a
sense of responsibility and autonomy to secure trust and
faith within the organization.
In human resources, how does Talent Corner leverage
technology to optimize its services and stay ahead in a
digital age? Also, how do you strike a balance between
functional efficiency and workforce satisfaction?
Technology has played a phenomenal role in transforming
the world. Talent Corner HR Services recognizes this
transformative power of technology in the HR domain and
has strategically embraced various technological solutions
to optimize its services and stay ahead in the digital age.
With Advanced Recruitment Technologies, we employ
cutting-edge recruitment technology applicant tracking
systems (ATS). This helps us identify the right talent
quickly, reducing time-to-fill and enhancing the overall
recruitment experience. Additionally, exploring the digital
world, Talent Corner incorporates Social Media and
Digital Marketing strategies to build its brand, connect
with a wider audience and attract top talent.
With the help of these professional networks, the company
stays visible, engages with its audience and positions itself
as an industry thought leader.
Furthermore, innovative solutions were needed as the
company focuses on recruitment for the MSME Industry.
Hence, along with the technology-process integration, we
helped our workforce leverage
these emerging technologies in
their work processes and
operations. As a company, Talent
Corner works extensively to
push its team members to adopt
technologies that ease their
work. It keeps pace with the
digital age and stays ahead in
delivering efficient, innovative,
and client-focused HR services.
The workforce is the
cornerstone of every successful
organization. How does Talent
Corner foster a culture of
growth, skill development and
empowerment among its
employees?
A motivated and skilled
workforce is the backbone of
success. To promote a culture of
internal mobility and career
advancement,
The Most Admired HR Solu on Providers to Watch
30 |www.cioworldindia.com February, 2024
Talent Corner provides various opportunities for employees
to explore different organisational roles. These diverse
experiences and opportunities develop a broad skill set,
resulting in individual growth and a dynamic and adaptable
workforce.
Moreover, we have established recognition and rewards
programs to highlight, acknowledge, and celebrate its
employees' achievements and outstanding contributions.
This boosts morale and creates a positive work environment
where employees feel valued and appreciated. Talking
about Empowerment through Responsibility, Talent
Corner fosters a sense of ownership and accountability,
encouraging employees to proactively contribute to the
organization's success and invest in innovative thinking.
In addition, Work-Life Balance Initiatives promote
initiatives that support a healthy balance between
professional and personal life. We also offer flexible work
arrangements to ensure employee satisfaction and
productivity.
Have you encountered any challenges during your
journey? How did you handle them?
The COVID-19 pandemic has sent shockwaves through the
business landscape, causing uncertainties and shaking the
job market dynamics. It caused a sudden halt in hiring
activities, uncertainties about the future, remote work
transitions, disruptions in traditional recruitment, and
clients grappling with economic uncertainties. However,
values such as resilience and ingenuity helped the company
weather the storm and positioned it as a leader in navigating
disruptions.
After the first shock, we understood the need for a proactive
and innovative approach to overcome the challenges posed
by the pandemic and adapt to the new normal.
~Virtual Transformations: We immediately created
several formats for internal and client reference purposes.
We ensured that the recruitment process continued
seamlessly despite physical constraints.
~Skill Development Initiatives: Talent Corner initiated
comprehensive skill development programs for its
employees that enhanced their capabilities and positioned
them as experts in navigating the evolving recruitment
landscape. The result was that many of the marketing
activities we used to outsource started effectively happening
within the company.
~Client Consultations: The leadership extensively
consulted with clients to understand their evolving needs
and concerns. This proactive communication helped us
tailor its services to meet the specific challenges faced by
each client, fostering stronger partnerships.
~Diversification Strategies: Talent Corner explored new
industry sectors that showed resilience amid the economic
downturn. We adapted its recruitment strategies to cater to
emerging industries, showcasing agility in responding to
changing market demands.
~Employee Well-being Programs: The leadership
prioritized the well-being of its employees, including
mental health support, flexible work arrangements, and
regular communication channels. This ensured that the team
felt supported and motivated during uncertain times.
How does Talent Corner embrace modern concepts like
employee health and well-being to address these areas?
Considering the health and well-being of employees, being
a considerate organization, we quickly learned the need for
balance in life. Hence, very simple aspects such as flexible
timing, flexibility to work from home and defined working
hours were the first steps we took towards them. We don’t
believe in the concept of working late. We insist that our
team members give much time to their families & their
health. That, along with a few workshops, helps us stay on
course.
Looking to the future, what is your vision for your
company? How do you aspire to continue making a
significant impact on India's human resource
landscape?
Talent Corner HR Services sets forth a visionary roadmap
aimed at making a lasting impact on India’s human resource
landscape. The company aspires to be a trailblazer, driving
positive change and contributing to the growth and success
of businesses and individuals. Picturing a promising time
ahead, it envisions a future where it continues to be a
catalyst for innovation, excellence and positive
transformation.
February, 2024
31 |www.cioworldindia.com
DON’T MISS
AN ISSUE
Stay in touch.
Subscribe to CIOWORLDINDIA
Get CIOWORLDINDIA Magazine in print,
&digital on www.cioworldindia.com
Global
Subscrip on
India
Create
Excellence
Choose
CIO
CIOWORLDINDIA
www.cioworldindia.com

More Related Content

Similar to The Most Admired HR Solution Providers To Watch.pdf

Marvelous leaders in_hr-
Marvelous leaders in_hr-Marvelous leaders in_hr-
Marvelous leaders in_hr-Business APAC
 
The Most Admired HR Solution Providers To Watch 2024.pdf
The Most Admired HR Solution Providers To Watch  2024.pdfThe Most Admired HR Solution Providers To Watch  2024.pdf
The Most Admired HR Solution Providers To Watch 2024.pdfthecioworldindia
 
Most Leading HR Consulting Firm – 2023.pdf
Most Leading HR Consulting Firm – 2023.pdfMost Leading HR Consulting Firm – 2023.pdf
Most Leading HR Consulting Firm – 2023.pdfCIOLOOKIndia
 
Expand scope and partner closely with business - Chandan Chattaraj
Expand scope and partner closely with business - Chandan ChattarajExpand scope and partner closely with business - Chandan Chattaraj
Expand scope and partner closely with business - Chandan ChattarajAnil Kaushik
 
EN_HCM_EO1_How can HR demonstrate the strategic value they provide to the com...
EN_HCM_EO1_How can HR demonstrate the strategic value they provide to the com...EN_HCM_EO1_How can HR demonstrate the strategic value they provide to the com...
EN_HCM_EO1_How can HR demonstrate the strategic value they provide to the com...Christine Sauvaget
 
Hr Organisation Heartbeat
Hr   Organisation HeartbeatHr   Organisation Heartbeat
Hr Organisation HeartbeatUlhas Wadivkar
 
Sharpen focus on connecting and integrating people, work and platform - Makar...
Sharpen focus on connecting and integrating people, work and platform - Makar...Sharpen focus on connecting and integrating people, work and platform - Makar...
Sharpen focus on connecting and integrating people, work and platform - Makar...Anil Kaushik
 
The Most Prominent HR Consulting Company in India
The Most Prominent HR Consulting Company in IndiaThe Most Prominent HR Consulting Company in India
The Most Prominent HR Consulting Company in Indiathecioworldindia
 
CTE article in Business Manager Magazine, Aug 2015
CTE article in Business Manager Magazine, Aug 2015CTE article in Business Manager Magazine, Aug 2015
CTE article in Business Manager Magazine, Aug 2015Cambridge Technology
 
HRenaissance september_edition
HRenaissance september_editionHRenaissance september_edition
HRenaissance september_editionHumanist KJ SIM
 
The 10 Most Influential HR Leaders To Follow, 2023.pdf
The 10 Most Influential HR Leaders To Follow, 2023.pdfThe 10 Most Influential HR Leaders To Follow, 2023.pdf
The 10 Most Influential HR Leaders To Follow, 2023.pdfInsightsSuccess4
 
Human resources management sara babiker
Human resources management sara babikerHuman resources management sara babiker
Human resources management sara babikeresarbab
 
Why hr is important in manufacturing industry
Why hr is important in manufacturing industryWhy hr is important in manufacturing industry
Why hr is important in manufacturing industryOpportuneHR
 

Similar to The Most Admired HR Solution Providers To Watch.pdf (20)

Marvelous leaders in_hr-
Marvelous leaders in_hr-Marvelous leaders in_hr-
Marvelous leaders in_hr-
 
The Most Admired HR Solution Providers To Watch 2024.pdf
The Most Admired HR Solution Providers To Watch  2024.pdfThe Most Admired HR Solution Providers To Watch  2024.pdf
The Most Admired HR Solution Providers To Watch 2024.pdf
 
Most Leading HR Consulting Firm – 2023.pdf
Most Leading HR Consulting Firm – 2023.pdfMost Leading HR Consulting Firm – 2023.pdf
Most Leading HR Consulting Firm – 2023.pdf
 
Expand scope and partner closely with business - Chandan Chattaraj
Expand scope and partner closely with business - Chandan ChattarajExpand scope and partner closely with business - Chandan Chattaraj
Expand scope and partner closely with business - Chandan Chattaraj
 
All India Marketing HR Solution.pptx
All India Marketing HR Solution.pptxAll India Marketing HR Solution.pptx
All India Marketing HR Solution.pptx
 
EN_HCM_EO1_How can HR demonstrate the strategic value they provide to the com...
EN_HCM_EO1_How can HR demonstrate the strategic value they provide to the com...EN_HCM_EO1_How can HR demonstrate the strategic value they provide to the com...
EN_HCM_EO1_How can HR demonstrate the strategic value they provide to the com...
 
Hr Organisation Heartbeat
Hr   Organisation HeartbeatHr   Organisation Heartbeat
Hr Organisation Heartbeat
 
Sharpen focus on connecting and integrating people, work and platform - Makar...
Sharpen focus on connecting and integrating people, work and platform - Makar...Sharpen focus on connecting and integrating people, work and platform - Makar...
Sharpen focus on connecting and integrating people, work and platform - Makar...
 
Accenture future-of-hr-overview
Accenture future-of-hr-overviewAccenture future-of-hr-overview
Accenture future-of-hr-overview
 
Icon Consultants
Icon ConsultantsIcon Consultants
Icon Consultants
 
The Most Prominent HR Consulting Company in India
The Most Prominent HR Consulting Company in IndiaThe Most Prominent HR Consulting Company in India
The Most Prominent HR Consulting Company in India
 
insights success fastest growing hr solution provider
insights success fastest growing hr solution provider insights success fastest growing hr solution provider
insights success fastest growing hr solution provider
 
CTE article in Business Manager Magazine, Aug 2015
CTE article in Business Manager Magazine, Aug 2015CTE article in Business Manager Magazine, Aug 2015
CTE article in Business Manager Magazine, Aug 2015
 
HRenaissance september_edition
HRenaissance september_editionHRenaissance september_edition
HRenaissance september_edition
 
The 10 Most Influential HR Leaders To Follow, 2023.pdf
The 10 Most Influential HR Leaders To Follow, 2023.pdfThe 10 Most Influential HR Leaders To Follow, 2023.pdf
The 10 Most Influential HR Leaders To Follow, 2023.pdf
 
Human resources management sara babiker
Human resources management sara babikerHuman resources management sara babiker
Human resources management sara babiker
 
BCG Creating People Advantage (2008)
BCG Creating People Advantage (2008)BCG Creating People Advantage (2008)
BCG Creating People Advantage (2008)
 
Mr.jayantika dave
Mr.jayantika daveMr.jayantika dave
Mr.jayantika dave
 
Ms.Jayantika Dave
Ms.Jayantika DaveMs.Jayantika Dave
Ms.Jayantika Dave
 
Why hr is important in manufacturing industry
Why hr is important in manufacturing industryWhy hr is important in manufacturing industry
Why hr is important in manufacturing industry
 

More from thecioworldindia

The Most Admired HR Solution Providers To Watch (2).pdf
The Most Admired HR Solution Providers To Watch (2).pdfThe Most Admired HR Solution Providers To Watch (2).pdf
The Most Admired HR Solution Providers To Watch (2).pdfthecioworldindia
 
True leadership is an inside job, Says world renowned executive coach- Payal ...
True leadership is an inside job, Says world renowned executive coach- Payal ...True leadership is an inside job, Says world renowned executive coach- Payal ...
True leadership is an inside job, Says world renowned executive coach- Payal ...thecioworldindia
 
Impact Of Metaverse on The Modern Business Arena.pdf
Impact Of Metaverse on The Modern Business Arena.pdfImpact Of Metaverse on The Modern Business Arena.pdf
Impact Of Metaverse on The Modern Business Arena.pdfthecioworldindia
 
Leading with Purpose How to Align Business Goals with Meaningful Impact.pdf
Leading with Purpose How to Align Business Goals with Meaningful Impact.pdfLeading with Purpose How to Align Business Goals with Meaningful Impact.pdf
Leading with Purpose How to Align Business Goals with Meaningful Impact.pdfthecioworldindia
 
The Power of She Unleashing the Potential of Women.pdf
The Power of She Unleashing the Potential of Women.pdfThe Power of She Unleashing the Potential of Women.pdf
The Power of She Unleashing the Potential of Women.pdfthecioworldindia
 
Digital Defense A Deep Dive into Essential Cybersecurity Pathology Services.pdf
Digital Defense A Deep Dive into Essential Cybersecurity Pathology Services.pdfDigital Defense A Deep Dive into Essential Cybersecurity Pathology Services.pdf
Digital Defense A Deep Dive into Essential Cybersecurity Pathology Services.pdfthecioworldindia
 
The Brands Of The Year-2023.pdf
The Brands Of The Year-2023.pdfThe Brands Of The Year-2023.pdf
The Brands Of The Year-2023.pdfthecioworldindia
 
Most Trusted Consulting Company in India
Most Trusted Consulting Company in IndiaMost Trusted Consulting Company in India
Most Trusted Consulting Company in Indiathecioworldindia
 
Outstanding Woman in Business
Outstanding Woman in BusinessOutstanding Woman in Business
Outstanding Woman in Businessthecioworldindia
 
The Emerging Disruptors that are developing Technology Leadership
The Emerging Disruptors that are developing Technology Leadership The Emerging Disruptors that are developing Technology Leadership
The Emerging Disruptors that are developing Technology Leadership thecioworldindia
 
The Importance of Continuous Learning for Business Leaders.
The Importance of Continuous Learning for Business Leaders.The Importance of Continuous Learning for Business Leaders.
The Importance of Continuous Learning for Business Leaders.thecioworldindia
 
The Emerging Disruptors that are developing Technology Leadership
The Emerging Disruptors that are developing Technology Leadership The Emerging Disruptors that are developing Technology Leadership
The Emerging Disruptors that are developing Technology Leadership thecioworldindia
 
Leading with Purpose How to Align Business Goals with Meaningful Impact
Leading with Purpose How to Align Business Goals with Meaningful Impact Leading with Purpose How to Align Business Goals with Meaningful Impact
Leading with Purpose How to Align Business Goals with Meaningful Impact thecioworldindia
 
Leading with Purpose How to Align Business Goals with Meaningful Impact.
Leading with Purpose How to Align Business Goals with Meaningful Impact.Leading with Purpose How to Align Business Goals with Meaningful Impact.
Leading with Purpose How to Align Business Goals with Meaningful Impact.thecioworldindia
 
The Business Imperative for Building a Better World
The Business Imperative for Building a Better World The Business Imperative for Building a Better World
The Business Imperative for Building a Better World thecioworldindia
 
Blue Modern How to be Successful in Business
Blue Modern How to be Successful in Business Blue Modern How to be Successful in Business
Blue Modern How to be Successful in Business thecioworldindia
 

More from thecioworldindia (17)

The Most Admired HR Solution Providers To Watch (2).pdf
The Most Admired HR Solution Providers To Watch (2).pdfThe Most Admired HR Solution Providers To Watch (2).pdf
The Most Admired HR Solution Providers To Watch (2).pdf
 
True leadership is an inside job, Says world renowned executive coach- Payal ...
True leadership is an inside job, Says world renowned executive coach- Payal ...True leadership is an inside job, Says world renowned executive coach- Payal ...
True leadership is an inside job, Says world renowned executive coach- Payal ...
 
Impact Of Metaverse on The Modern Business Arena.pdf
Impact Of Metaverse on The Modern Business Arena.pdfImpact Of Metaverse on The Modern Business Arena.pdf
Impact Of Metaverse on The Modern Business Arena.pdf
 
Leading with Purpose How to Align Business Goals with Meaningful Impact.pdf
Leading with Purpose How to Align Business Goals with Meaningful Impact.pdfLeading with Purpose How to Align Business Goals with Meaningful Impact.pdf
Leading with Purpose How to Align Business Goals with Meaningful Impact.pdf
 
The Power of She Unleashing the Potential of Women.pdf
The Power of She Unleashing the Potential of Women.pdfThe Power of She Unleashing the Potential of Women.pdf
The Power of She Unleashing the Potential of Women.pdf
 
Digital Defense A Deep Dive into Essential Cybersecurity Pathology Services.pdf
Digital Defense A Deep Dive into Essential Cybersecurity Pathology Services.pdfDigital Defense A Deep Dive into Essential Cybersecurity Pathology Services.pdf
Digital Defense A Deep Dive into Essential Cybersecurity Pathology Services.pdf
 
The Brands Of The Year-2023.pdf
The Brands Of The Year-2023.pdfThe Brands Of The Year-2023.pdf
The Brands Of The Year-2023.pdf
 
Most Trusted Consulting Company in India
Most Trusted Consulting Company in IndiaMost Trusted Consulting Company in India
Most Trusted Consulting Company in India
 
Outstanding Woman in Business
Outstanding Woman in BusinessOutstanding Woman in Business
Outstanding Woman in Business
 
The Emerging Disruptors that are developing Technology Leadership
The Emerging Disruptors that are developing Technology Leadership The Emerging Disruptors that are developing Technology Leadership
The Emerging Disruptors that are developing Technology Leadership
 
The Importance of Continuous Learning for Business Leaders.
The Importance of Continuous Learning for Business Leaders.The Importance of Continuous Learning for Business Leaders.
The Importance of Continuous Learning for Business Leaders.
 
The Emerging Disruptors that are developing Technology Leadership
The Emerging Disruptors that are developing Technology Leadership The Emerging Disruptors that are developing Technology Leadership
The Emerging Disruptors that are developing Technology Leadership
 
Leading with Purpose How to Align Business Goals with Meaningful Impact
Leading with Purpose How to Align Business Goals with Meaningful Impact Leading with Purpose How to Align Business Goals with Meaningful Impact
Leading with Purpose How to Align Business Goals with Meaningful Impact
 
Women in Leadership
Women in Leadership Women in Leadership
Women in Leadership
 
Leading with Purpose How to Align Business Goals with Meaningful Impact.
Leading with Purpose How to Align Business Goals with Meaningful Impact.Leading with Purpose How to Align Business Goals with Meaningful Impact.
Leading with Purpose How to Align Business Goals with Meaningful Impact.
 
The Business Imperative for Building a Better World
The Business Imperative for Building a Better World The Business Imperative for Building a Better World
The Business Imperative for Building a Better World
 
Blue Modern How to be Successful in Business
Blue Modern How to be Successful in Business Blue Modern How to be Successful in Business
Blue Modern How to be Successful in Business
 

Recently uploaded

Monte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSMMonte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSMRavindra Nath Shukla
 
VIP Call Girls Pune Kirti 8617697112 Independent Escort Service Pune
VIP Call Girls Pune Kirti 8617697112 Independent Escort Service PuneVIP Call Girls Pune Kirti 8617697112 Independent Escort Service Pune
VIP Call Girls Pune Kirti 8617697112 Independent Escort Service PuneCall girls in Ahmedabad High profile
 
Call Girls in Gomti Nagar - 7388211116 - With room Service
Call Girls in Gomti Nagar - 7388211116  - With room ServiceCall Girls in Gomti Nagar - 7388211116  - With room Service
Call Girls in Gomti Nagar - 7388211116 - With room Servicediscovermytutordmt
 
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...lizamodels9
 
Eni 2024 1Q Results - 24.04.24 business.
Eni 2024 1Q Results - 24.04.24 business.Eni 2024 1Q Results - 24.04.24 business.
Eni 2024 1Q Results - 24.04.24 business.Eni
 
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,noida100girls
 
A DAY IN THE LIFE OF A SALESMAN / WOMAN
A DAY IN THE LIFE OF A  SALESMAN / WOMANA DAY IN THE LIFE OF A  SALESMAN / WOMAN
A DAY IN THE LIFE OF A SALESMAN / WOMANIlamathiKannappan
 
2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis Usage2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis UsageNeil Kimberley
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...anilsa9823
 
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Dave Litwiller
 
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
Keppel Ltd. 1Q 2024 Business Update  Presentation SlidesKeppel Ltd. 1Q 2024 Business Update  Presentation Slides
Keppel Ltd. 1Q 2024 Business Update Presentation SlidesKeppelCorporation
 
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...lizamodels9
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...lizamodels9
 
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service Jamshedpur
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service JamshedpurVIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service Jamshedpur
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service JamshedpurSuhani Kapoor
 
RE Capital's Visionary Leadership under Newman Leech
RE Capital's Visionary Leadership under Newman LeechRE Capital's Visionary Leadership under Newman Leech
RE Capital's Visionary Leadership under Newman LeechNewman George Leech
 
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,noida100girls
 
M.C Lodges -- Guest House in Jhang.
M.C Lodges --  Guest House in Jhang.M.C Lodges --  Guest House in Jhang.
M.C Lodges -- Guest House in Jhang.Aaiza Hassan
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Serviceritikaroy0888
 
rishikeshgirls.in- Rishikesh call girl.pdf
rishikeshgirls.in- Rishikesh call girl.pdfrishikeshgirls.in- Rishikesh call girl.pdf
rishikeshgirls.in- Rishikesh call girl.pdfmuskan1121w
 

Recently uploaded (20)

Monte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSMMonte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSM
 
VIP Call Girls Pune Kirti 8617697112 Independent Escort Service Pune
VIP Call Girls Pune Kirti 8617697112 Independent Escort Service PuneVIP Call Girls Pune Kirti 8617697112 Independent Escort Service Pune
VIP Call Girls Pune Kirti 8617697112 Independent Escort Service Pune
 
Call Girls in Gomti Nagar - 7388211116 - With room Service
Call Girls in Gomti Nagar - 7388211116  - With room ServiceCall Girls in Gomti Nagar - 7388211116  - With room Service
Call Girls in Gomti Nagar - 7388211116 - With room Service
 
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
 
Eni 2024 1Q Results - 24.04.24 business.
Eni 2024 1Q Results - 24.04.24 business.Eni 2024 1Q Results - 24.04.24 business.
Eni 2024 1Q Results - 24.04.24 business.
 
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
 
A DAY IN THE LIFE OF A SALESMAN / WOMAN
A DAY IN THE LIFE OF A  SALESMAN / WOMANA DAY IN THE LIFE OF A  SALESMAN / WOMAN
A DAY IN THE LIFE OF A SALESMAN / WOMAN
 
2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis Usage2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis Usage
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
 
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
 
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
Keppel Ltd. 1Q 2024 Business Update  Presentation SlidesKeppel Ltd. 1Q 2024 Business Update  Presentation Slides
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
 
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
 
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service Jamshedpur
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service JamshedpurVIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service Jamshedpur
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service Jamshedpur
 
RE Capital's Visionary Leadership under Newman Leech
RE Capital's Visionary Leadership under Newman LeechRE Capital's Visionary Leadership under Newman Leech
RE Capital's Visionary Leadership under Newman Leech
 
KestrelPro Flyer Japan IT Week 2024 (English)
KestrelPro Flyer Japan IT Week 2024 (English)KestrelPro Flyer Japan IT Week 2024 (English)
KestrelPro Flyer Japan IT Week 2024 (English)
 
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
 
M.C Lodges -- Guest House in Jhang.
M.C Lodges --  Guest House in Jhang.M.C Lodges --  Guest House in Jhang.
M.C Lodges -- Guest House in Jhang.
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Service
 
rishikeshgirls.in- Rishikesh call girl.pdf
rishikeshgirls.in- Rishikesh call girl.pdfrishikeshgirls.in- Rishikesh call girl.pdf
rishikeshgirls.in- Rishikesh call girl.pdf
 

The Most Admired HR Solution Providers To Watch.pdf

  • 1. I N D I A W RLD VOL 02 2024 Enterprise Essential The Evolution of Human Resource Management as an Important Business Function The Most Admired HR Solution Providers to Watch www.cioworldindia.com Rise and Shine with AscentHR The Most Admired HR Solu on Provider on the Horizon People Capital Top Ten Modern Trends Transforming HRM Present and Future Mr Subramanyam S, Founder, AscentHR
  • 2. The Most Admired HR Solution Providers to Watch
  • 3.
  • 4. n the dynamic realm of Human Resources (HR), the Irole of solution providers has emerged as increasingly pivotal. Adaptability stands as a foundational quality that sets esteemed HR solution providers apart. As the landscape of work undergoes constant evolution, these providers showcase their ability to adapt in sync with the evolving needs of organizations. They adjust their solutions to align with emerging trends, ensuring the continued relevance of their offerings in dynamic work environments. Innovation serves as a cornerstone for earning admiration among HR solution providers. The most esteemed entities in this field exhibit a dedication to pushing boundaries and introducing fresh approaches to tackle challenges in talent acquisition, employee engagement, and workforce management. Their innovative solutions not only streamline HR processes but also bolster the overall effectiveness of organizational strategies. Architects of the Future in Human Capital Management
  • 5. Editor’s Note Esteemed HR solution providers prioritize user-centric design principles. They understand the importance of crafting tools and platforms that are intuitive, user-friendly, and tailored to the distinct requirements of HR professionals. This focus on user experience enhances the adoption and efficacy of their solutions across diverse organizational landscapes. The adept utilization of technology to enhance HR practices is a defining characteristic of the most respected solution providers. Whether through sophisticated analytics, artificial intelligence, or other state-of-the-art technologies, these entities harness digital tools to augment decision- making, streamline workflows, and offer data-driven insights that empower HR professionals. Furthermore, another aspect that distinguishes respected HR solution providers is their commitment to fostering inclusivity and diversity. They acknowledge the significance of creating solutions that cater to the varied workforce landscape, addressing the unique needs and challenges encountered by different demographic groups. This inclusivity extends beyond their products to encompass their organizational cultures as well. This brand new CioWorld India edition, ‘The Most Admired HR Solution Providers to Watch,’ explores the roles that make certain HR solution providers stand out as the most admired. It delves into the intangible qualities that set them apart in a competitive and ever-changing industry. As organizations grapple with the complexities of talent management, these esteemed HR solution providers stand out as symbols of innovation, adaptability, and user-focus. Their contributions play a pivotal role in shaping the future of HR practices, influencing how businesses tackle human capital management in a constantly evolving professional environment.
  • 6. Cover Story 06 06 Rise and Shine with AscentHR The Most Admired HR Solu on Provider on the Horizon
  • 7. 20 Infotrack Systems A Game Changer in the HR Solutions Landscape 28 Talent Corner HR Services Building Better Workplaces with Innovation and Insights Contents Profiles Ar cles 16 24 Enterprise Essential The Evolution of Human Resource Management as an Important Business Function People Capital Top Ten Modern Trends Transforming HRM Present and Future
  • 8. Rise and Shine with AscentHR The Most Admired HR Solu on Provider on the Horizon AscentHR is more than just so ware; it's a complete ecosystem designed to empower people, streamline processes and fuel organiza onal growth.
  • 9. C O V E R S T O R Y Mr Subramanyam S, Founder, AscentHR
  • 10. he Indian human resource Tindustry was reeling under the quagmire of clunky payroll software and impersonal employee portals when a star rose on the horizon: AscentHR. It revolutionized the way the entire human resource sphere functions. When you step into the world of AscentHR, you witness the phenomenon of how human resources transforms from a back-office burden to a strategic advantage. This rising star in the HR tech scene is more than just software; it's a complete ecosystem designed to empower people, streamline processes, and fuel organizational growth. Yet, the first question you might be asking is, why AscentHR? The answer lies in its major distinctive traits. *Beyond Compliance, Towards Engagement: AscentHR goes beyond just ticking compliance boxes. Its intuitive platform fosters employee engagement with learning, performance management tools, and seamless communication channels. Watch employees thrive as they take ownership of their growth and development. *Innovation in Every Byte: AscentHR isn't content with the status quo. The team constantly innovates, integrating talent acquisition advanced tools, intelligent performance analytics, and automated workflows to make HR processes effortless and insightful. Expect the unexpected as they push the boundaries of HR tech. *A People-First Philosophy: At AscentHR, technology serves humanity, not the other way around. The company’s platform, StoHRM, is designed with user experience at its core, offering mobile accessibility, customizable dashboards, and intuitive interfaces that make HR management a breeze for everyone. The Most Admired HR Solu on Providers to Watch *Built for Scale: Whether you're a nimble startup or a sprawling enterprise, AscentHR has your back. Its scalable solutions adapt to your evolving needs, empowering you to easily manage talent, payroll, and compliance, regardless of size. *A Champion for Inclusivity: AscentHR champions diversity and inclusion in the workplace. According to Mr Subramanyam S, the Founder, their platform supports flexible work arrangements, promotes equal opportunities, and fosters a culture of belonging for all employees. Watch them lead the way in creating a more equitable and thriving work environment. The Saga of Employee Empowerer The origin of AscentHR traces back to 2002 when Subramanyam realized a need for a solid and homegrown HR solution that would help Indian businesses in their journey to HR Shortly a er our incep on, we rolled out our first HR solu on, Power Pay, a mul -country payroll engine configured for 28 countries.
  • 11. transformation and help them manage their human resources more efficiently. Shortly after its inception, the company rolled out its first HR solution, Power Pay, a multi-country payroll engine configured for 28 countries. This release marked a milestone in the company's journey in the APAC region, with Bangalore as its operational epicentre. The solution was primarily aimed at making complex payroll processes simpler. The solution prioritized growth opportunities in HRO products and set the ball rolling for the company’s evolution. AscentHR’s business journey started with just ten employees and a handful of customers. Since then, the company has been focusing on growing organically – from taking its solutions and technologies and expanding them worldwide to building support models around sales and partner ecosystems. In addition, the company also focuses on achieving growth through mergers and acquisitions to keep the entire model running smoothly. The company has enhanced its value chain from payroll and benefits administration to a full-service HR solutions company covering multiple global geographies. The company has gone from ten employees two decades ago to over 600 catering to over 700 customers representing diverse industries and segments. Today, the company has earned a reputation for reliability, customer- centricity, and customized solutions, steadily growing from a humble beginning to a family of multiple connected entities spanning PEO, RegTech, LeisureTech, and FinTech. The Three Benchmarking Aces AscentHR has emerged as one of the most admired HR solution providers. From the outset, its guiding philosophy has been ingrained with the three organizational tenets – Adaptability, Accountability, and Accuracy. These values remained a constant source of empowerment as the company expanded, evolved, and matured as a living and growing entity. Today, these values have become AscentHR’s DNA, setting a benchmark for fellow Ascentians to aspire to emulate. With these values as its guiding philosophy, the company has been unleashing efficiency for its customers since 2002. In fact, 2023 marks AscentHR’s 21 years of being in a thriving business. These values underpin everything at AscentHR – its people and the innovative HR solutions the team builds. AscentHR believes in connecting all the parts of the company’s ecosystem and stakeholder community. Their success relies on these values as the key ingredients to their relationships with their employees, customers, business partners, and the wider community. Crafting distinctive HR products and delivering exceptional services driven by their values has helped the company attract marquee customers, business partners, and staff. AscentHR now
  • 12. enjoys a position of prominence enjoyed by few other companies. The company has earned a reputation for excellence and customer-centricity, making every stakeholder proud of their affiliation. Streamlining All Your HR Processes The human resource landscape is continually evolving. AscentHR ensures that it remains adaptable and ahead of industry trends, providing innovative solutions to its clients. AscentHR helps its client organizations nurture the human resources they need to grow. The team supports their clients’ employees with HR and payroll tasks through seamless workflows and processes. As organizations adopt new ways of working and use new technologies to operate, they also evolve in parallel. As they grow and face new challenges, their three organizational values guide their people in the actions they take and the decisions they make every day. The company uses these organizational values as a strategic approach to optimize its performance. This, in turn, empowers their clients to tackle their HR challenges effectively through customizable and scalable solutions, which is key to AscentHR’s brand identity - “Powering People Practice.” To navigate the evolving market effectively, the company leverages its well-thought-out organizational structure to support its business goals. The company has several market divisions and functional groups, each headed by an executive leader. They rely on this structure to ensure business focus, rapid implementation of strategies, and enhanced governance. Additionally, AscentHR’s business has scale, infrastructure, experience, and domain expertise. They consciously consider the market and workforce trends driving growth in the HRO industry. They take advantage of opportunities to deliver their HR products and services. As a global Professional Employer Organisation (PEO), they help clients drive their DEI (Diversity, Equity, and Inclusion) by building a talent pool that reflects a wider society with flexi- engagement models and delivering a superior employee experience. With a host of proprietary solutions, AscentHR caters to various business requirements, from end-to-end payroll to business expense and reimbursement management, financial services and personal financial wellness, online survey tool, business compliance management, and vendor compliance management. The Mark of Mighty Over the last two decades, AscentHR has made an indelible mark on the HRO industry, and they continue to evolve their products and services with the best technology by understanding their clients' unique needs and challenges. For instance, the latest offering they’ve built – StoHRM, is a comprehensive, scalable HR system that helps small and medium-sized enterprises with everything they need
  • 13. to manage human resources efficiently and effectively. But they don’t stop there. They continue to evolve the software by upgrading it to achieve HCM excellence and long-term success. Their developers constantly work on modernizing their HR and payroll platforms to make them more accommodative and flexible, and they add value in the form of new releases to improve the user experience further. In short, their strategy for excellence is to make their systems future-proof, ready to use, productive from day one, and flexible to adapt. Recognized as a driving force behind AscentHR's achievements, Subramanyam’s management ethos and leadership style are culture-centric and transformational. His approach is to make an indelible mark on HRO industry by inspiring AscentHR teams to bring out exceptional products and services that cater to clients’ unique HR needs and challenges. Known for his strong financial and business acumen and his ability to comprehend complex regulatory environments, Subbu is a strategic leader. He is adept at foreseeing the evolving market needs and trends and leveraging technology to meet those needs. Subramanyam’s approach to leadership and building teams combines trust, empowerment, and guidance. He primarily focuses on establishing relationships of trust, empowering employees with the necessary tools and resources to perform their jobs, creating a culture of guidance, and helping people move in the right direction to drive outcomes collaboratively. Fostering Constant Tech-Access The essence of human resources lies in innovative solutions and enhancing the employee experience. According to Subramanyam, at AscentHR, they understand the expectations one has of technology. Today, virtually everyone in the organization uses HR tools and platforms. Employees expect those tools to be user-friendly, effective, and engaging as they perform tasks efficiently on their phones. That’s why AscentHR’s solutions are built to optimize employee experience. Subramanyam says, “When technology is more accessible, mobile, and user- friendly, our clients’employees are more engaged and productive, positively impacting the bottom line.” Our greatest asset is our people: That’s why we invest substan ally in employee development and building our culture to ensure that AscentHR is a great workplace.
  • 14. For instance, the features and functionalities of their solutions and applications come with access control based on an employee’s role within the organisation. This approach helps secure privacy and confidentiality and enhances ease of use by allowing users to focus on what is relevant and most important to them. Additionally, all their solutions are powered by a suite of HR analytics tools, providing clarity and insights into complex employee data. This enhances the decision-making process at every level of the organization. Simply put, they balance functional efficiency and workforce satisfaction by placing the user’s experience at the centre of any solution they design. Innovation is the Key Subramanyam furthers that managing HR operations and payroll is becoming increasingly intricate and time- consuming. This is specifically true among small and medium enterprises, although they are opening up to HR outsourcing and cloud-based HR automation. Additionally, the percentage of SMEs adopting HR technology steadily increases yearly. The start-up culture is also growing parallelly, specifically in India. He adds that as they continue to observe these shifts, they realize that their products and services must be tailored to address the unique needs of various business segments, helping them increase their HR efficiency by leveraging innovative HR tools. To take advantage of this market opportunity and further strengthen its growth potential, AscentHR recently adapted StoHRM, their comprehensive enterprise HRMS tool, to make it available to small and medium businesses. StoHRM echoes the team’s commitment to providing an integrated HR cloud solution designed to meet the specific needs of HR professionals in small and medium enterprises (SMEs). StoHRM is a SaaS-based workforce management platform built for SMEs, as well as large enterprises, to help them manage their HR processes with a DIY (Do It Yourself) approach. With a focus on enabling HCM on the cloud, the solution automates the HR processes that support the entire employee lifecycle. Tech AscentHR In the realm of human resources, technology plays a pivotal role in enhancing efficiency. At the core of their growth blueprint lies their ethos of innovation and integration of cutting-edge technologies evolving as products, reinforcing their confidence in continuously delivering unmatched value to their esteemed clientele. AscentHR’s HR software solutions and applications help clients adapt to change quickly and seamlessly, providing them with unparalleled digital transformation experiences. They continue to expand their offering and mature their applications through their roadmap initiatives, investing approximately 15% of their revenues annually in R&D efforts to harness the power of emerging technologies. AscentHR’s technology stack is diverse, with market-leading cloud platforms, DevOps automation, backend and frontend technologies, and mobile app development technologies. It is a carefully curated ecosystem of programming languages, quality assurance frameworks and practices, and tools to ensure top-notch and innovative project outcomes. They rely on these technologies to craft scalable and tailored solutions that meet their customers’ unique requirements. Looking ahead, solidifying their position as a tech-driven trailblazer will be a clear focus for growth. AscentHR is dedicated to enhancing operational efficiency, delivering impactful results through next-gen products, and reinforcing its strategic focus across the dynamic APAC-MEA region. An Amazing Team The workforce is the cornerstone of any successful organization. Understanding it, at AscentHR, the leadership fosters a culture of growth, skill development, and empowerment among their employees. Subramanyam says, “Our greatest asset is our people. That’s why we invest substantially in employee development and building our culture to ensure that AscentHR is a great workplace.” Ascentians come to work every day to empower their clients to nurture their human resources. They achieve this mission by hiring, developing, and retaining the top talent in the industry. Their employee engagement model is multifaceted. Besides regular communication through an internal employee magazine, internal mailers, and town halls, they also carry out regular employee engagement surveys, with a good score in 2023. In 2023, they became an “Amazing Workplaces” certified organisation, indicative of an effective working atmosphere for employees with AscentHR. They also work through their website and social media handles to keep their employees and stakeholders engaged and informed. They also provide their employees with a free-to-use financial
  • 15. planning tool called Jofin to enhance their financial well-being. They strive to foster an environment that challenges, inspires, and rewards their people. Innovative performance management framework, teamwork, and their three corporate traits – Accountability, Adaptability, and Accuracy are woven into their corporate values. These values have been reflected in their employees' actions and behaviors. Up and Above in Professionalism AscentHR tailors its L&D programs to cover various areas to meet its employees’ upskilling, reskilling, and career needs. The courses are interactive and engaging, developed by their in-house qualified trainers and subject matter experts. The L&D programs serve as an important element of the continued success of both the employees and the organization. We will con nue to collaborate with our customers on their HR strategy in terms of HR workflow, processes and analy cs so that they are equipped to achieve new levels of efficiency and the best business outcomes.
  • 16. Their robust performance management system, consistent across all their functions and locations, allows their employees to channel their efforts towards their goals and realize their full potential. Additionally, they are committed to training at every level, from interns to executive leaders. Besides focusing on developing their existing employees, they also provide internship opportunities to undergraduate students. Through their structured internship program, Begin Your Ascent, they induct graduate students pursuing their final year of studies into their organization, introducing them to the “real world of work” by giving them basic domain knowledge and fundamental on-the-job training that can’t be learnt in classrooms. This summer internship program lays a foundation for the interns to select their career paths and build their networking skills, helping them foray into new career fields and realize their career aspirations. The results of these dedicated endeavors are visible in terms of continuous process improvements and how they do their business. Outsmarting Obstacles As a leader in India's human resource horizon, AscentHR faced its share of challenges. Sharing an instance where his team's resilience and ingenuity triumphed over adversity, Subramanyam says that resilience keeps the human spirit high in the face of unprecedented challenges. The global health crisis in 2020 was an unprecedented challenge for everybody, and “We were not an exception.” According to him, their challenges were two-fold. While adopting agile working methods, they also had to adapt quickly and work harder to understand their customers' needs and challenges. This was important as they were tasked with the huge responsibility of overseeing payroll management for their clients. As usual, they had to ensure that the employees' salaries were paid on time. Additionally, new government directives were to be decoded within strict deadlines. Due to the impact on revenues, several companies introduced staggered pay cuts, capped salaries, re-calibrated incentives, re-configured job roles, and other damage control measures. These changes translated into frequent and ad-hoc adjustments in the payroll input. The AscentHR teams had to demonstrate a higher level of diligence to ensure on-time payroll and with 100% accuracy. Even amidst the challenges posed by the peak of the COVID-19 pandemic, Ascentians demonstrated resilience in delivering reliable payroll and compliance services, keeping countless lives from disintegrating, and adhering to many statutory compliance requirements that kept changing. Subramanyam says they introduced new work methods and policies that nurtured their emotional well-being to motivate their employees to perform enthusiastically even during difficult times. “We increased communication and developed a constant feedback loop, allowing issues and concerns to be voiced and heard.” Implementing this feedback loop was crucial to uplift employee morale and provide support to navigate various challenges, from unreliable Wi-Fi connections to feelings of isolation. Driving a Holistic and Healthy Work Culture Today, every HR aspect goes beyond the physical realm, touching on facets like employee health and wellbeing (physical and psychological). Subramanyam adds that AscentHR keeps employee well-being at the top tier of its priorities. “We understand that employee health and well-being are indispensable to building our competitive advantage simply because these factors directly impact employee attendance and job performance.” Promoting employees’ health and well- being leads to a more productive workforce. Subramanyam says that’s why they embrace these concepts and put them into practice by adopting multiple strategies, from office equipment ergonomics and safety policies and protocols to integrating employee wellness initiatives. AscentHR’s employee wellness initiatives cover four key aspects – physical well-being, social and community well-being, financial well- being, and mental and emotional well- being to drive a holistic, healthy work environment. They engage their employees through a robust rewards and recognition program that provides meaningful and employee-valued incentives, inspiring positive vibes throughout the organization. AscentHR’s in-house HR teams drive employee-centric programs and policies. They conduct regular team- building and fun activities, sports and games, social events and celebrations, employee surveys and feedback. Their L&D function offers learning and professional development opportunities.
  • 17. They empower their line managers to offer flexible work arrangements, such as flexi-time and reasonable workloads. They also create a positive work culture through senior management visibility, ensuring their leaders are visible and approachable. They also support employees’ financial security goals and aspirations through their financial planning platform – Jofin. Let’s Grow Together Looking to the future, Subramanyam divulges his vision for AscentHR. Originating as a specialized managed services firm, it has evolved over two decades into a pioneering force in HR technology and business solutions, driven by its adept utilization of cutting-edge technology. *Global presence. Subramanyam informs that they currently have eight offices in three countries, capable of providing payroll delivery in 34 countries. “As we continue to grow geographically in emerging markets, we are where our customers are and need us the most.” *Innovation. He furthers that they remain at the forefront of developing and implementing HR technology. AscentHR has over two decades of experience in business support, automation, consulting, staffing, and compliance. Leveraging the latest technologies and platforms, their products and services continually evolve, driving value across industries and segments. *Collaborative approach. They work with their customers and business partners to deliver value in each project. They will continuously strive to leverage and expand upon this collaborative approach to propel us into the future. *Delivering results. “We will continue to collaborate with our customers on their HR strategy in terms of HR workflow, processes and analytics so that they are equipped to achieve new levels of efficiency and the best business outcome.” Witness the Human Resource Revolution “We are proud of our journey so far. We have graduated from managed services to leveraging on tech and evolving comprehensive and robust products, enabling new GTM opportunities.” AscentHR isn’t just a software provider; it is a game-changer. The team is redefining how we manage, engage, and empower our most valuable asset: our people. At AscentHR, their employees are passionate about blending creativity with technology to deliver integrated, robust and scalable solutions to help automate HR workflows. “Along with our other entities, we provide a broad range of products and services to cater to various industries and business segments,” concludes Subramanyam. So, keep your eyes on AscentHR. As they continue to innovate and grow, expect them to disrupt the HR landscape and shape the future of work, one satisfied employee at a time. Ready to witness the HR revolution firsthand? Take a closer look at AscentHR and join the team on an inspiring journey to unlock the full potential of your workforce.
  • 18. uman Resource Management H(HRM) has undergone a remarkable transformation, evolving from a purely administrative function to a strategic partner driving organizational success. In the contemporary business landscape, this significant evolution, transitioning from a traditional administrative role to a strategic business function marks the beginning of a new era. Today, HRM plays a vital role in driving organizational success, ensuring that enterprises thrive in an increasingly competitive and dynamic environment. From Personnel Management to Strategic Partner In the early days of industrialization, personnel management focused on basic tasks like payroll, recruitment, record-keeping, and compliance. Thus, traditionally, HRM primarily catered to administrative tasks. It aimed to maintain a compliant and efficient workforce, with minimal emphasis on employee well-being or development. However, with the rise of knowledge work and a more competitive business environment, as businesses evolved and became more complex, the role of HRM expanded to encompass strategic functions aimed at maximizing The Evolution of Human Resource Management as an Important Business Function 16 |www.cioworldindia.com February, 2024
  • 19. February, 2024 employee performance and organizational effectiveness. Organizations began to recognize the value of their human capital, leading to the emergence of HRM. Today, HRM is not just about managing personnel but also about aligning human capital with business objectives and fostering a positive organizational culture. One of the key drivers behind the evolution of HRM is the recognition of employees as valuable assets and a source of competitive advantage. Organizations have come to realize that attracting, developing, and retaining top talent is essential for achieving sustainable growth and success. As a result, HRM has shifted its focus towards talent management, encompassing activities such as recruitment, training, performance management, and employee development. The Novel Vistas Moreover, the digital revolution has revolutionized HRM practices, enabling the automation of routine tasks and the implementation of data- driven decision-making processes. Advanced HRM software and analytics tools allow organizations to optimize their HR processes, improve efficiency, and gain valuable insights into workforce trends and performance metrics. This technological transformation has empowered HR professionals to become strategic partners in driving organizational growth and innovation. Another significant aspect of HRM's evolution is its role in fostering a positive organizational culture and employee engagement. Research has shown that organizations with strong cultures and engaged employees tend to outperform their competitors in terms of productivity, profitability, and customer satisfaction. As a result, HRM has become increasingly focused on initiatives aimed at promoting employee well-being, diversity, inclusion, and work-life balance. Furthermore, HRM is playing an increasingly important role in navigating complex regulatory landscapes and ensuring compliance Enterprise Essen al 17 |www.cioworldindia.com
  • 20. with labour laws and regulations. With labour laws becoming more stringent and enforcement mechanisms becoming stricter, organizations rely on HRM professionals to ensure legal compliance and mitigate risks associated with non-compliance. HRM's Expanding Role Modern HRM encompasses a broad spectrum of activities beyond basic administration. It now focuses on: Talent Acquisition and Retention: Attracting, recruiting, and retaining top talent is crucial for organizational success. HR professionals develop strategies for talent acquisition, onboarding, and employee engagement. Performance Management: HR implements performance management systems to ensure employees are aligned with organizational goals and receive valuable feedback for growth. Learning and Development: HR fosters a culture of continuous learning by providing training programs, development opportunities, and resources for skill enhancement. Compensation and Benefits: HR designs competitive compensation packages, including salary, benefits, and rewards, to attract and retain talent and ensure employee satisfaction. Employee Relations: HR fosters positive employee relations by addressing employee concerns, promoting a healthy work environment, and ensuring compliance with labour laws. The Benefits of a Strategic HR Approach A strong HR strategy offers numerous benefits to organizations: Increased Productivity and Performance: By investing in employee well-being and development, HR helps to create a more engaged and productive workforce. Enhanced Innovation: A culture of learning and development can foster creativity and innovation within the organization. Improved Employer Branding: Strong HR practices can attract top talent and contribute to a positive company image. Reduced Absenteeism and Turnover: Engaged employees are more likely to be satisfied and stay with the company, reducing costs associated with absenteeism and turnover. The Future of HRM The field of HRM continues to evolve. Here are some key trends shaping the future: Data-Driven HR: HR is increasingly using data analytics to gain insights into workforce trends, optimize talent management processes, and make data- driven decisions. Focus on Employee Experience: Creating a positive employee experience is becoming a top priority for HR. This includes fostering a culture of inclusion, work-life balance, and employee well-being. The Rise of Technology: Technology is playing an increasingly important role in HR, with tools for talent acquisition, performance management, and employee engagement. The Road Ahead HRM has transformed from a back- office function to a strategic partner driving organizational success. By focusing on talent acquisition, development, engagement, and well- being, HR plays a crucial role in ensuring a company's competitive edge in the ever-evolving business landscape. As technology continues to revolutionize the workplace and employee expectations shift, HR must adapt and innovate to remain a vital force in any forward-thinking organization. 18 |www.cioworldindia.com January, 2024 18 |www.cioworldindia.com February, 2024
  • 22. n today's competitive business environment, attracting Iand retaining top talent is crucial for success. This is where Private Limited, emerges as Infotrack Systems a name to watch in the ever-evolving HR solutions landscape. With a comprehensive suite of technology- driven HR solutions, Infotrack empowers businesses to streamline processes, optimize operations, and create a thriving work environment. Established in 1994 by a team of seasoned IT professionals, Infotrack Systems has not only navigated through the waves of change but has emerged as a trailblazer in delivering state-of-the-art HCM solutions. Infotrack Systems' voyage in the realm of HCM underscores its dedication to innovation, client contentment, and technological prowess. As the company sets its sights on the future, it stands tall on its accomplishments, poised to pioneer new horizons in the ever-evolving arena of Human Capital Management. The amalgamation of forward-thinking leadership, advanced technology, and an unwavering pursuit of perfection drives Infotrack’s triumph. Infotrack is an ISO 9001:27001; 31000; 22301, and 14001 Certified software company dedicated to crafting top-tier Human Capital Management Products and solutions since its inception in 1994. Infotrack Systems A Game Changer in the HR Solu ons Landscape Sameeksha Sahni, CEO, Infotrack Systems Infotrack Systems is a pioneering HCM Solu ons provider for three decades and serviced numerous sa sfied clients across diverse industries. 20 |www.cioworldindia.com February, 2024 Infotrack Systems
  • 23. From People Management to Payroll Perfection Infotrack has catered to over 100 clients, including the Ministry of Defence, Government of India, for whom it has successfully executed numerous mission-critical and intricate projects over the past 21 years. The Ministry of Defence, Government of India, has recognized Infotrack's contributions with a prestigious Gold Medal award, acknowledging its valuable services. As a prominent provider of on-premises and private cloud- based HCM solutions, Infotrack serves Fortune India 100 companies, drawing upon over 30 years of extensive domain expertise to implement HR best practices and offer practical solutions. The Infotrack HCM Platform has garnered the trust of more than 5 million satisfied users. Infotrack goes beyond traditional HR software, offering a holistic approach to managing your entire workforce. Their solutions encompass: Human Resource Management System (HRMS): Simplify core HR processes like employee onboarding, leave management, performance appraisals, and more. Payroll Management System: Ensure accurate and timely payroll processing with statutory compliance. Contingent Workforce Management: Effectively manage and optimize your temporary workforce. Retirement and Benefits Management: Simplify retirement planning and benefits administration for your employees. Virtual Assistant: Leverage AI-powered chatbots to answer employee queries and automate routine tasks. People Analytics and Predictive Insights: Gain valuable data-driven insights to make informed workforce decisions. Here are some notable HCM clients and their longstanding associations with Infotrack: Ÿ Gujarat Narmada Valley Fertilizers Group, the world’s largest single-stream ammonia urea fertilizer complex, has been partnering with Infotrack for over 23 years. Ÿ Small Industries Development Bank of India has relied on Infotrack's services for more than 21 years. Ÿ Aurobindo Pharma Group has been a valued client of Infotrack for over 20 years. Ÿ The Murugappa Group, specifically the Chola MS Group, has trusted Infotrack for more than 11 years. Ÿ DCB Bank Ltd has been benefiting from Infotrack's solutions for over nine years. Ÿ Hero MotoCorp Group, the world’s largest two-wheeler manufacturer, has looked to Infotrack for innovative solutions for more than eight years, helping to shape the workforce of the future. A Constant Saga of Success Central to the trajectory of Infotrack is a formidable leadership duo comprising Dr. Bhushan Sahni, the visionary Managing Director, and Sameeksha Sahni, the dynamic CEO. Their unwavering dedication to innovation and progress has propelled the company's growth and achievements. Infotrack's distinctive Business-first approach distinguishes it as a Business Integrator, uniquely positioned to comprehend and cater to clients' business and technological requirements. The company's steadfast commitment to data security and compliance goes beyond mere assurance; it is a tangible reality underscored by its ISO certifications (ISO 9001, 27001, 31000, 22301, and 14001). These certifications not only ensure the highest standards of business continuity but also inspire confidence in clients regarding the integrity and dependability of Infotrack's solutions. Flagship Offerings *People Dynamics - Human Capital Management Suite At the heart of Infotrack's product lineup lies the People Dynamics - Human Capital Management Suite. This fully integrated, on-premises solution encompasses a wide array of human capital management functionalities, including employee relations, contingent workforce management, retirement benefits, travel management, and ESOPs. *Comprehensive Service Portfolio Infotrack prides itself on delivering cutting-edge, end-to- end, fully integrated, on-premises solutions. It stands out as the sole provider of an object-oriented, AI-based, on- premises HCM solution. Its extensive HR Suite features an AI-powered voice-enabled virtual assistant, alongside ER Suite, Contingent Workforce Suite, Retirement Benefits Suite, and Analytics Suite. February, 2024 21 |www.cioworldindia.com
  • 24. Empowering enterprises with exceptional HR solutions, Infotrack's Business-first approach ensures seamless alignment of technology with future business needs. Positioned uniquely as a Business Integrator, Infotrack offers unparalleled control and robust data security through its on-premises secure solutions. These software solutions bolster customer development capabilities and substantially mitigate risks. Infotrack's People Analytics solutions deliver tangible business benefits by amalgamating data insights with analytics prowess. These insights drive productivity enhancements across both HR functions and client business operations. Furthermore, the 360-degree Continuous Performance feedback management tool reimagines traditional employee performance evaluations, providing a more comprehensive and precise assessment. Innovation at the Core Infotrack doesn't just provide solutions; they prioritize continuous innovation. Their commitment to cutting-edge technology ensures their offerings are: Geo-fencing and Geo-tagging: Dr. Sahni remarks, "These solutions revolutionize our work dynamics by digitally connecting our workforce, thereby enhancing productivity." Empowering employees with flexible work schedules, Geo- fencing, and geo-tagging augment employee efficiency and overall business performance. Employee Relations Suite (ER Suite): A unified Employee Relations Suite centralizes the recording and tracking of cases, disciplinary actions, and grievances across the organization. This fosters visibility, consistency, and efficiency in managing employee relations. Rewards and Recognition: Effective employee motivation is paramount, and Infotrack's Rewards and Recognition system enables organizations to acknowledge daily contributions and achievements, incentivizing employees accordingly. Machine Learning for Recruitment: Infotrack harnesses machine learning to revolutionize the recruitment process, rendering it more efficient and data-centric. Power BI for Data Visualization: Integration of Power BI facilitates comprehensive data visualization, equipping HR professionals with robust analytics capabilities. Face Recognition and Biometric-Based Attendance: Infotrack leverages state-of-the-art technology to ensure secure and streamlined attendance management through face recognition and biometric-based systems. Interactive Dashboards for Real-Time Data Analysis: Infotrack's suite offers interactive dashboards for instant data analysis, empowering organizations with actionable insights in real-time. People Analytics: This powerful feature enables organizations to engage and retain top talent through data- driven insights and strategic workforce planning. Cloud-based: Access your HR data anytime, anywhere, from any device. Modular and scalable: Tailor solutions to your specific needs and grow with your business. Mobile-friendly: Empower employees with self-service options on the go. The Most Admired HR Solu on Providers to Watch 22 |www.cioworldindia.com February, 2024
  • 25. AI-powered: Leverage artificial intelligence for tasks like recruitment screening and sentiment analysis. A Client-Centric Approach Infotrack's People Dynamics HCM platform accomplishes precisely this. It stands as an AI-based, unified, intuitive, scalable, and secure Intelligent HCM platform, offering users a seamless and top-notch experience. Embracing a mobile-first approach, it delivers the speed, flexibility, adaptability, and transparency demanded by today's workforce, ensuring a rewarding employee journey coupled with maximum operational efficiency. Especially in the post-COVID-19 era, where physical interactions are limited, there's a pressing need for a secure, intelligent, and user-centric system like Infotrack's. Infotrack understands that every business is unique. They take pride in collaborating with clients to: Ÿ Identify specific needs and challenges. Ÿ Develop customized solutions. Ÿ Provide ongoing support and training. Ÿ Continuously refine their offerings based on client feedback. This focus on client success has garnered Infotrack an impressive track record: Ÿ Over 6,000 satisfied clients across diverse industries. Ÿ Recognition by leading industry bodies. Ÿ A dedicated team of experts with extensive domain knowledge. Infotrack's user-centric philosophy revolves around leveraging technology to enhance employee productivity while maintaining a harmonious work-life balance. As the company envisions expanding its operations and offerings, it is committed to delivering substantial business value beyond mere HR process automation. Innovations such as Machine Learning for Recruitment, AI- powered Virtual Assistants, robust data visualization tools, Geo-fencing and geo-tagging for mobile workforce management, face recognition, and biometric-based attendance systems, interactive dashboards for real-time data analysis, and potent people analytics underscore Infotrack's leadership in the HR Tech domain. Established Collaborations: Fostering Trust Over Time Infotrack Systems holds its long-standing partnerships in high regard. The enduring bonds forged with clients, characterized by repeated engagements and extensions, underscore the trust and confidence organizations place in Infotrack's consistent delivery of value. Market Presence: A Lasting Impression Infotrack Systems has made a significant impact in the HCM market. Its influence extends not only across various industries but also through the widespread reach and efficacy of its solutions. The company's contributions have been instrumental in shaping the HCM landscape, establishing it as a reputable and esteemed player in the industry. Future Outlook: Spearheading Innovations and Technological Advancements Infotrack's vision centers on delivering tangible business value that transcends traditional HR process automation tools. The company aims to lead the way in revolutionizing the HCM domain, with Sameeksha Sahni emphasizing the pivotal role of their innovative technologies in realizing this vision. Looking for a reliable and innovative HR solutions partner? Infotrack Systems Private Limited is a name you should definitely watch. They offer a compelling combination of technology, expertise, and commitment to client success, making them a valuable asset for businesses seeking to unlock their full HR potential. Infotrack Systems’ Hall of Fame Ÿ Fortune India Magazine Feature (CEO, Sameeksha Sahni) - "Most Influential Personalities and Business Minds by Fortune." Ÿ "Global Leadership Award for Excellence in Innovation in IT & ITES." Ÿ "Featured in the Leading SMEs of India 2023 by Dun and Bradstreet." Ÿ Featured in the influential CIOLook Magazine - "Most Leading HR & Payroll Management Companies 2022." Ÿ "Inspiring Women Leaders of 2023" at Times Group - Economic Times Women Conclave 2023 (CEO, Sameeksha Sahni). February, 2024 23 |www.cioworldindia.com Infotrack Systems
  • 27. Top Ten Modern Trends Transforming HRM Present and Future n today's rapidly evolving Ibusiness landscape, the concept of Human Resource Management (HRM) is undergoing a fundamental shift. A profound transformation, driven by technological advancements, changing workforce demographics, and shifting organizational priorities, is already happening. We're moving away from a focus on "personnel" and towards a strategic view of people capital. As organizations recognize the value of their people as their most valuable asset, HRM is adapting to meet the demands of the modern workplace. This recognizes the immense value employees bring to an organization and the critical role HR plays in attracting, developing, and retaining this valuable asset. Here are ten key trends transforming Human Resource Management (HRM) in the present and shaping its future: The Rise of Data-Driven Decision Making: Big Data Management: One of the most significant trends in HRM is the shift towards data-driven decision-making. HR professionals are February, 2024 25 |www.cioworldindia.com leveraging advanced analytics and predictive modelling to gain insights into workforce trends, employee performance, and organizational effectiveness. By harnessing the power of data, HRM can make more informed decisions that drive business outcomes and enhance employee satisfaction. The Rise of Smart Machines: Artificial Intelligence (AI) and Automation: AI is automating many HR tasks, from resume screening to performance analytics. AI and automation are revolutionizing HRM by streamlining administrative tasks, improving recruitment processes, and enhancing employee engagement. This allows HR professionals to focus on more strategic initiatives and personalized employee experiences. Chatbots, virtual assistants, and AI-powered algorithms are being used to automate routine HR activities, such as resume screening, candidate sourcing, and onboarding, freeing up HR professionals to focus on strategic initiatives. The Rise of the Hybrid Work Model: Remote Work and Flexible Arrangements: The COVID-19 pandemic has accelerated the adoption of remote work and flexible work arrangements, transforming the way organizations manage their workforce. The pandemic normalized work from anywhere (WFA) or home (WFH), while visiting the office in-between and a hybrid model is becoming increasingly popular. HR needs to develop strategies for managing a dispersed workforce, fostering collaboration, and ensuring a positive work-life balance. HRM is embracing remote work policies, virtual collaboration tools, and flexible scheduling options to
  • 28. accommodate the needs of a distributed workforce and ensure business continuity. The Rise of People Welfare: Employee Well-being and Mental Health Support: Employee well-being and mental health support have emerged as top priorities for HRM in light of the pandemic's impact on employee wellness. Organizations are implementing initiatives such as employee assistance programs, mental health resources, and flexible work policies to support the holistic well-being of their workforce and foster a positive work environment. The Rise of All Inclusive Workplace Culture: Diversity, Equity, and Inclusion (DEI) Initiatives: DEI is no longer just a buzzword. It's a critical business imperative. HR is at the forefront of creating inclusive workplaces that attract and retain talent from diverse backgrounds. DEI initiatives are gaining prominence in HRM as organizations recognize the importance of building diverse and inclusive workplaces. HR professionals are implementing strategies to attract, retain, and promote diverse talent, including unconscious bias training, inclusive hiring practices, and employee resource groups focused on underrepresented communities. Skills Development and Continuous Learning: With technological advancements reshaping job roles and skill requirements, HRM is prioritizing skills development and continuous learning initiatives. Organizations are investing in employee training programs, upskilling and reskilling initiatives, and digital learning platforms to ensure that their workforce remains competitive and adaptable in a rapidly changing environment. Agile Performance Management: Traditional performance management practices are being replaced by more agile and flexible approaches that focus on continuous feedback, goal alignment, and employee development. HRM is embracing tools and methodologies such as OKRs (Objectives and Key Results), continuous feedback platforms, and agile performance reviews to facilitate ongoing performance conversations and drive employee growth. Gig Economy and Contingent Workforce Management: The rise of the gig economy and contingent workforce has prompted HRM to adapt its strategies for managing non- traditional workers. HR professionals are implementing new policies and processes for recruiting, onboarding, and managing freelancers, contractors, and temporary workers, ensuring compliance and alignment with organizational goals. Employer Branding and Employee Experience: The Growing Importance of Employee Experience (EX): Employer branding and employee experience have become critical factors in attracting and retaining top talent. HRM is focusing on enhancing the employer brand through employer value propositions, employer branding campaigns, and employee advocacy programs. Additionally, HR professionals are prioritizing the employee experience by designing workplace environments that promote engagement, collaboration, and well-being. The Future of Work: Sustainable HR Practices: Sustainability has emerged as a key consideration in HRM, with organizations integrating environmental, social, and governance (ESG) factors into their HR strategies. HR professionals are implementing sustainable practices such as remote work, green initiatives, and diversity programs to reduce their environmental footprint, promote social responsibility, and enhance corporate reputation. Automation and technological advancements will continue to reshape the workplace. HR needs to embrace change, prepare for the future of work, and develop strategies to equip the workforce with the skills needed to thrive. These trends highlight the dynamic nature of HRM. By embracing these changes and focusing on people capital, HR can become a true strategic partner, driving organizational success and ensuring a competitive edge in the years to come. The future of HR is about creating a work environment that fosters innovation, engagement, and continuous learning, ultimately empowering people to be their best selves and contribute to the organization's success. 26 |www.cioworldindia.com February, 2024
  • 29.
  • 30. hen Barry Davis said, “There is nothing more Wimportant than the people we hire,” it highlighted the significance of appropriate talent acquisition. A resilient, reliable and flexible workforce builds a strong foundation for any organization. HR service provider companies come to the rescue when it comes to the recruitment of a talented workforce. In the widespread sector of HR services, very few companies excel at providing remarkable services. Talent Corner HR Services is one such helping hand that thrives with its commitment to excellence, a dedication to its client’s success, and a belief that in the realm of human resources, every challenge is an opportunity to showcase the transformative power of Talent Corner HR Services. Mr Bankim Doshi, Founder, Talent Corner HR Services Talent Corner HR Services Building Be er Workplaces with Innova on and Insights 28 |www.cioworldindia.com February, 2024
  • 31. Here are the highlights of the Founder, Mr Bankim Doshi’s interview with the CioWorld India team. As a trailblazing HR solution provider, could you take us back to the beginning of your journey? What motivated you to step into this dynamic field? In the vibrant heart of Mumbai, where dreams take flight and ambitions reach for the sky, in 2002, Talent Corner HR Services embarked on the journey of shaping the future of Human Resources. Driven by a singular vision—to revolutionize the recruitment process and help companies on a PAN India level find their most valuable asset—their people. In 2002, Mr Bankim Doshi established the Talent Corner. He started his career in 1978 as an Insurance Agent with LIC of India. During his journey, he identified a gap between demand and supply for the workforce. He mentioned, “I observed that there is always a demand and plenty of supply, but the biggest gap is that none of them are aware of it. When we started the company, Naukri.com was also new in the market. So, the recruitment industry was still an unorganised sector. I saw the potential and decided to embark on the journey!” Could you share the guiding philosophy that has propelled your organization’s success? Our guiding philosophy is a set of principles and a living, breathing force that propels us forward. Our journey to becoming one of the most admired HR solution providers has been guided by 3 Core Values—Integrity, Transparency and Relationship. Our continuous endeavour is to make the recruitment process Easier, Faster and Transparent to absorb fresh talent. We aim to reduce the gap and upgrade the relationship between a candidate and clients. The Indian recruitment industry has been globally characterized as the highest evolving and dynamic industry! And we are proud to be a part of it for the past 23 years. People are at the heart of what we do within our organization and those we serve. From day one, we adopted a people-centric approach that involved understanding each individual's unique qualities and aspirations. By placing the right people in the right roles, we create workplaces where individuals and organizations thrive. How do you ensure your company remains adaptable and ahead of industry trends, providing innovative solutions to your clients? At Talent Corner HR Services, our commitment to remaining adaptable and ahead of industry trends is ingrained in our organizational DNA to provide innovative and effective HR solutions. We have achieved milestones in the recruitment sector; however, to match the beat of this dynamic industry, we also need some quick beat solutions. *Continuous Learning Culture: Fostering a culture of continuous learning, our team is encouraged to stay abreast of the latest industry developments, emerging technologies and evolving best practices. Regular training sessions, workshops and access to educational resources ensure our professionals are equipped with the newest knowledge. *Technology Integration: With the help of advanced recruitment tools, we incorporate cutting-edge technologies to streamline processes, improve efficiency and provide data-driven insights. With this, our clients benefit from the latest talent acquisition and management innovations. *Market Research and Analysis: Our team conducts thorough market research and analysis to keep a check on market trends and also monitors the pulse of the candidates for each market segment. This helps us anticipate future challenges and opportunities and develop strategies that align with the evolving needs of our clients. *Collaboration and Partnerships: We actively engage with thought leaders, industry experts and professional networks to exchange insights and stay connected with the broader HR community. Mr Rashesh Doshi is a Member of BNI (Business Networking February, 2024 29 |www.cioworldindia.com
  • 32. International), Round Table India and Mr Harsh Mariwala’s (Marico Industries) PSR Project–Ascent. Could you shed light on your approach to leadership and team building within the organisation? My leadership style is based on strategic foresight, people- centric values and a commitment to fostering a culture of innovation and collaboration. I always set ambitious yet achievable goals for my team members. The goals are always directed to bring new clients or get more requirements closed and to guide the organization on a path of sustained growth and relevance in the ever-evolving HR landscape. This allows the team to anticipate industry trends and proactively respond to emerging challenges. Talent Corner strongly emphasises a people-centric approach and values open communication. The management also actively participates in brainstorming sessions that boost employee morale and enhance organizational creativity and problem-solving. We instil a sense of responsibility and autonomy to secure trust and faith within the organization. In human resources, how does Talent Corner leverage technology to optimize its services and stay ahead in a digital age? Also, how do you strike a balance between functional efficiency and workforce satisfaction? Technology has played a phenomenal role in transforming the world. Talent Corner HR Services recognizes this transformative power of technology in the HR domain and has strategically embraced various technological solutions to optimize its services and stay ahead in the digital age. With Advanced Recruitment Technologies, we employ cutting-edge recruitment technology applicant tracking systems (ATS). This helps us identify the right talent quickly, reducing time-to-fill and enhancing the overall recruitment experience. Additionally, exploring the digital world, Talent Corner incorporates Social Media and Digital Marketing strategies to build its brand, connect with a wider audience and attract top talent. With the help of these professional networks, the company stays visible, engages with its audience and positions itself as an industry thought leader. Furthermore, innovative solutions were needed as the company focuses on recruitment for the MSME Industry. Hence, along with the technology-process integration, we helped our workforce leverage these emerging technologies in their work processes and operations. As a company, Talent Corner works extensively to push its team members to adopt technologies that ease their work. It keeps pace with the digital age and stays ahead in delivering efficient, innovative, and client-focused HR services. The workforce is the cornerstone of every successful organization. How does Talent Corner foster a culture of growth, skill development and empowerment among its employees? A motivated and skilled workforce is the backbone of success. To promote a culture of internal mobility and career advancement, The Most Admired HR Solu on Providers to Watch 30 |www.cioworldindia.com February, 2024
  • 33. Talent Corner provides various opportunities for employees to explore different organisational roles. These diverse experiences and opportunities develop a broad skill set, resulting in individual growth and a dynamic and adaptable workforce. Moreover, we have established recognition and rewards programs to highlight, acknowledge, and celebrate its employees' achievements and outstanding contributions. This boosts morale and creates a positive work environment where employees feel valued and appreciated. Talking about Empowerment through Responsibility, Talent Corner fosters a sense of ownership and accountability, encouraging employees to proactively contribute to the organization's success and invest in innovative thinking. In addition, Work-Life Balance Initiatives promote initiatives that support a healthy balance between professional and personal life. We also offer flexible work arrangements to ensure employee satisfaction and productivity. Have you encountered any challenges during your journey? How did you handle them? The COVID-19 pandemic has sent shockwaves through the business landscape, causing uncertainties and shaking the job market dynamics. It caused a sudden halt in hiring activities, uncertainties about the future, remote work transitions, disruptions in traditional recruitment, and clients grappling with economic uncertainties. However, values such as resilience and ingenuity helped the company weather the storm and positioned it as a leader in navigating disruptions. After the first shock, we understood the need for a proactive and innovative approach to overcome the challenges posed by the pandemic and adapt to the new normal. ~Virtual Transformations: We immediately created several formats for internal and client reference purposes. We ensured that the recruitment process continued seamlessly despite physical constraints. ~Skill Development Initiatives: Talent Corner initiated comprehensive skill development programs for its employees that enhanced their capabilities and positioned them as experts in navigating the evolving recruitment landscape. The result was that many of the marketing activities we used to outsource started effectively happening within the company. ~Client Consultations: The leadership extensively consulted with clients to understand their evolving needs and concerns. This proactive communication helped us tailor its services to meet the specific challenges faced by each client, fostering stronger partnerships. ~Diversification Strategies: Talent Corner explored new industry sectors that showed resilience amid the economic downturn. We adapted its recruitment strategies to cater to emerging industries, showcasing agility in responding to changing market demands. ~Employee Well-being Programs: The leadership prioritized the well-being of its employees, including mental health support, flexible work arrangements, and regular communication channels. This ensured that the team felt supported and motivated during uncertain times. How does Talent Corner embrace modern concepts like employee health and well-being to address these areas? Considering the health and well-being of employees, being a considerate organization, we quickly learned the need for balance in life. Hence, very simple aspects such as flexible timing, flexibility to work from home and defined working hours were the first steps we took towards them. We don’t believe in the concept of working late. We insist that our team members give much time to their families & their health. That, along with a few workshops, helps us stay on course. Looking to the future, what is your vision for your company? How do you aspire to continue making a significant impact on India's human resource landscape? Talent Corner HR Services sets forth a visionary roadmap aimed at making a lasting impact on India’s human resource landscape. The company aspires to be a trailblazer, driving positive change and contributing to the growth and success of businesses and individuals. Picturing a promising time ahead, it envisions a future where it continues to be a catalyst for innovation, excellence and positive transformation. February, 2024 31 |www.cioworldindia.com
  • 34. DON’T MISS AN ISSUE Stay in touch. Subscribe to CIOWORLDINDIA Get CIOWORLDINDIA Magazine in print, &digital on www.cioworldindia.com Global Subscrip on