Hello Everyone, I am back with yet another edition of Talent Tech Talk- Blog. From covering the dynamics of billion-dollar HR deals, to latest trends & events in HR Tech to the science of assessment & talent management, we have come a long way in this series. From where we left in the previous blog, talking about talent, the way the workforce works or prefers to work has seen a massive shift.
The new year for HR Technology- “Events & Leadership” discussions in India began on a phenomenal note at the annual HR Tech conclave organised by SHRM. The venue for this year’s mega event was Novotel, Hyderabad (India’s emerging Hi Tech hub, home to biggest R&D centers operated by the likes of Google, Microsoft, Facebook & many more MNCs).
For those of us who are in business, the steady rise in mercury this year is not just because of Indian summer 😊. While M&A activities are not new in the Indian Market the temperature rose as we witnessed scorcher of a monumental deal between “Flipkart – the virtuoso of E-commerce”, and Walmart- “”the world’s biggest retailer.
Hello friends, Greetings for the day! Hope all is well with you! April for all of us is one of the most “Bus– picious” months of the year 😊. Our new budgets are unlocked, action plans hit the road and all in all we are set to make new beginnings. As we do that, I thought of finding a new (though traditional) way to remain in touch with you all.
Organizations today are operating in an uncertain, complex, and an increasingly volatile world. With innovations happening at earth-shattering pace, it’s difficult to keep up with an evolving landscape. The HR function is facing new demands which require quick, and fitting adaptation to the new mission. That’s why, while buying a new HR Technology, you need to keep a balance.
Job offers for fresh management graduates in India are at a five-year low, official data reveal. While experts blame it on a sluggish economy, mismatch between the years-old curriculum and industry expectation with rise of new-age digital work-force is also widening the chasm. “The industry is on the lookout for job-ready people which most MBA grads are not (barring those in IIMs and other top B-schools where placement is high),” enunciated Pankaj Bansal.
Two questions that never cease to instigate interest from anyone about anything are “What’s in Future” and “What’s new?”. The world of work and jobs is not at all different. Especially, in the past few months the world has been abuzz with what or what not will the future of work.
It is time HR departments moved beyond just creating a culture of keeping employees happy and meeting their expectations. The customer needs to be treated as a major stakeholder in the workforce strategy, the workforce policy and the workforce technology, besides the work culture. Due weightage should be given to employees, investors and social frameworks while keeping the customer at the center.
Pankaj Bansal, Co-founder and CEO of PeopleStrong There are three kinds of CHROs. The first is the CHRO who gets the work done and oversees compliance. The second leads the talent heads, the talent acquisition team and the talent management team. The third kind are the ones who are becoming the transformers or drivers of business.