Hindustan Times ND 9/08/2011 P-2 shine
HR summit focuses on talent scarcity
Thought leaders share views on retention, new platforms and social media in a tough business environment
HT Shine Jobs Correspondent

The tenth edition of AIMA's National HUM Summit, with the theme 'Positioning HR to Create Value: Innovative Strategies in a Talent Scarce Market' recently concluded in the capital. The summit saw business leaders sharing their success stories related to HR innovations. During the two-day summit, experts brain-stormed about critical issues related to human resource management, such as talent scarcity; talent retention and managing attrition; role of technology and automation of processes; job satisfaction; job enrichment; job content, among others.

Considering the fast-changing business environment, HR plays a strategic role and defines the competitive edge within an organisation. Its function is to make business operations effective by channel sing the available talent. Thus, participants agreed, HR operations ought to be in the midst of business processes, and not operate in a silo.

Chairing a session on best motivational practices in manufacturing and services, Lt Gen Mukesh Sabharwal, adjutant general, Indian Army, said that the Indian army adopts a three-pronged tool that encompasses honour, competence and trust He added that although the army doesn't have a dearth of talent, a great deal is invested in selecting the right kind. After going through regular talent development programmes in IT, communications and other vocational skill development work-shops, army personnel gain a competitive edge that makes them employable even after getting retired at an early age from the army, he said.

Praveen Mange, head (HR) Adani Gas Ltd, in his address included factors such as social well-being, work-life balance, continuously raising the performance bar, whilst involving and empowering the workforce D Bhattacharya, senior executive director (HR), IFFCO, advocated an employee motivational model based on concepts of Indian spirituality. He further stated that an environment free of tension and, stress and one that ensures equitable distribution of wealth does wonders for his company personnel.

A session dedicated to the topic of building employer branding set out that a strong brand along with strong employee value preposition is bound to lower attrition, both psychologically as well as physically. A company's strong employee value preposition permits it to pitch a lower compensation pattern. An entity's brand building does not happen overnight, but is a time-consuming task that has to be administered patiently. The session was chaired by Yogi Sriram, summit director and EVP (HR and administration services), Larsen & Toubro (E&C) while the panellists included R P Singh, director (HR and legal) - IFFCO Ltd; G P Rao, head (management services), Recron Malaysia Sdn Bhd.

With the objective of reaching out to newer platforms, the summit held a dedicated session on the role of social media. The session highlighted that with the revolutionary evolution of the social media, HR has to align the growth of new media with the traditional set of HR objectives. New media, which presents huge opportunities for the HR function, will not work unless it is harnessed intelligently. The sessions were chaired by Rohtash Mai, ED and CEO, Escorts Ltd, and panellists included Pankaj Bansal. co-founder & CEO, People Strong HR Services, Renu Bilalia, vice president (HR), Tata Communications and Uday Sondhi, CEO.

 

 

Mail Today ND 09/08/2011
Skills take you places in uncertain world
By Shreya Mukherjee

IN A WORLD sliding into another round of economic turmoil, companies need to be more responsive to the human resource challenges they face notably, talent scarcity and talent retention in the time of attrition, job enrichment in a marketplace where employable graduates are in a minority and job satisfaction when motivation is low. These were the ideas that swirled at the 10th All India Management     Association (AIMA)   Human   Resource Management summit this past, weekend. The country's leading HR gurus spent two days brainstorming on how organisations can make their human resource be their growth driver.

Power Grid Corporation CMD S.K. Chaturvedi spoke of channeling the talent available within an organisation, instead of chasing transformative ideas outside it. Echoing similar sentiments, Maruti Suzuki India's Managing Executive Officer S.Y. Siddiqui said retaining a technological edge no longer was a game changer for an organisation. What mattered instead was how organisations nurtured talent through strong Internal communications. No employee was useless, he said; rather, it was more likely that the employee condemned as being useless was actually being used less.

But what can young people do to nurture their own talent in an uncertain world? Tata Teleservices Executive President S. Varadarajan and Mercer India Managing Director Nishchae Suri made a strong case for honing skills to enhance employability. They held up the National Skill Development Corporation (NSDC), a public-private partnership, as the way forward.
"There's a clear shortage of skills in the country's employment market," Suri said, adding that "one welcome initiative is the NSDC it works with both the public and private sectors to ensure people hone the right skills and that they're constantly learning on the job." The take-home message was loud and clear. You don't stop learning after college. Skills will take you places the more, the better. And if you need a push, go to http://www.nsdcindia.org for inspriring ideas.