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Past Issue: JANUARY 2012
From the Editor's Desk
What lies ahead...
By Ester Martinez
Jan 4th 2012
2011 has been one of the most turbulent times in recent economic history. Not only has the global recession continued, but the uncertainty has also hit the optimism of emerging economies. It has been a year where major businesses have continued to globalize operations, and move talent and business towards areas of opportunity. This shift has created new challenges for both organizations investing in building capabilities in India and for those Indian organizations expanding abroad.The first is... Read more »
Cover Story
12 Trends for 2012
By Gyanendra Kumar Kashyap & Rajlakshmi Saikia
Jan 4th 2012
2012 will herald a new era of innovation which will see talent managers focus on the use of web & cloud technology, social media, coaching, talent analytics and outsourcing of recruitment processes. People Matters spoke with industry veterans to explore trends that will confront talent managers in 2012As the world enters an unprecedented era in 2012, the governing equations for businesses are going to be paradoxical and at the same time equally challenging. The global economic outlook at t... Read more »
Differentiation in Talent Management
By Abhijit Bhaduri, Chief Learning Officer, Wipro Group
Jan 4th 2012
One of the major key trends in 2012 will be ‘Differentiation in Talent Management’ and it will further define the four new trends that will take center stage – cloud computing, use of analytics, delivery through mobile and social media.There will be a lot of focus on updated technology like cloud computing whose essence lies in its ubiquity and it makes technology easily accessible and simpler to use. Cloud computing will enable processes to handle large data to take more wel... Read more »
Experiential learning
By Anand Bhaskar, Vice President, People Success - Sapient
Jan 4th 2012
The coming year will witness a considerable change in the existing trends. There will be a lot of emphasis on Leadership Coaching, which is expected to get bigger with more and more ‘popcorn leaders’ emerging in the industry. As there evidently is a shortage of leadership talent in the current scenario, coaching will become a key enabler to fill this gap.In the high-end technology and expertise space, contractual employment will become a trend especially in the middle management do... Read more »
Attracting Talent
By Anuraag Maini - Sr. VP – HR, DLF Pramerica
Jan 4th 2012
In the coming year, talent attraction will be one of the top-most priorities of the insurance sector. Given the current economic situation, there will be an increasing challenge for companies to attract talent in the industry as well as retain talent, as a general perception has developed amongst many that the industry itself is not worth spending more time on. Considering the dearth of skilled employable talent, it would be quite a task for these companies to retain and enhance their existing... Read more »
Unionization of White Collar Employees
By Aquil Busrai – CEO, Aquil Busrai Consulting
Jan 4th 2012
2012 will see remarkable changes in trends and unionization of white collar employees will be one of them. Employees have become mere statistics in organizations, given the demand-supply pull of talent. The absence of the personal touch in managing such extensive number of people in the white collar employee-base (knowledge workers) will give rise to emerging unions formed by such groups. Employees in such widespread organizations tend to feel isolated at times and unionization of this mass is... Read more »
E-commerce, redefining business
By Dr. Arvind N Agrawal – President Corporate Development & HR, RPG Enterprises
Jan 4th 2012
The coming year will witness not only a change in trends, it will also see a marked improvement in many of the existing trends. The pace of business globalization will accelerate as we go forward. Although, globalization of business in terms of product, market, technology as well as competition had been on the rise in recent years, the tempo will definitely increase.Along with globalization, businesses will focus more on outsourcing a considerable part of their elements rather than internally ... Read more »
Skilling people
By Avinash Vashistha - Chairman & Managing Director, Accenture India
Jan 4th 2012
When I look at trends for 2012, clearly talent shortage is going to be a big challenge again next year. We have been investing a lot on skilling people not only for our organization but for the industry and the Nation. Such initiatives will not only continue but will increase in 2012. At Accenture, we have a program called “Skills to Succeed” that aims at building the skills required for employability.From the business perspective, looking at our clients, they are either trying to ... Read more »
Individualization and Inclusiveness
By AVK Mohan – Group President, Global HR, Spice Global
Jan 4th 2012
The changing trends in the coming year will have a huge effect on the way business is viewed and conducted. An upcoming trend in this arena is Individualization. People are becoming individuals in all aspects. Be it customers, employees, citizens, everyone has a compelling view of their life and persona, gone are the days when people would go by what parents, societies or leaders said or did. They are exposed to so much information, which is so easily accessible, that they have a mind of their... Read more »
Technology aided Talent Management
By Basab Bordoloi – VP- HR, Dominos
Jan 4th 2012
With the advent of the year 2012, the need for an integrated Talent Management system will be vital for any organization, because the biggest challenge for most of the organizations will be to develop an integrated system to align people to their strategies, goals, and values. And this can be done through processes and technologies that enable the selection, recruitment, rewarding, and retention of top talent.Considering the current scenario and the dearth of employable talent, the war for the... Read more »
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