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Wednesday, May 22, 2013 | Home› Past Issues
Past Issue: OCTOBER 2011
Focus Areas
HR Transformation: Industry View: Rajiv Burman, Sr. Director & CPO, Max New York Life Insurance
Oct 3rd 2011
The change championIn my view, HR should continue to increase its focus on its core role that can be described in the following three dimensions:1. Strategic business enabler/partner – HR objectives are established to support business strategy. Through this strategic partnership, HR impacts design of jobs and structural efficiencies; sourcing and hiring; talent management; reward and recognition; gain-sharing and profit-sharing strategies; performance development and appraisal systems; p... Read more »
HR Transformation: Industry View: Dilip Chenoy, CEO & MD, NSDC
Oct 3rd 2011
The strategic shift required is on thinking of tomorrow and day after tomorrow. HR needs to build the process which will enable it to focus on the future and get the mundane activities out of the way which can easily be done by someone else. Read more »
HR Transformation: Industry View: P.Dwarakanath, Director – Group Human Capital of Max India Ltd
Oct 3rd 2011
Need for a mindset changeFor HR to transform, there is need for a change in mindset before focusing on HR’s capability in the new era. HR needs to come out of the mindset issue, that managing payroll will give them ‘power’. For HR to become strategic, it needs to earn the respect and trust from the CEO, leadership team and colleagues. HR must earn its seat at the strategy table not demand. What many call commodity hiring is an important point for HR to review. Whether hiring... Read more »
HR Transformation: Industry View: Sandip Malik, Director - HR, Aviva Life Insurance
Oct 3rd 2011
The challenges that HR faces is what I call the dilemma of dispersion. We are trying to do many things while we do not necessarily have the capability to drive that. Therefore, as a leader of the function, the question is how I can ensure better utilization of resources. Read more »
HR Transformation: Industry View: President – HR, SRF
Oct 3rd 2011
HR, understanding business and practising ownershipWhat HR should spend time on and what it should not.I strongly believe that the primary function of HR is to prepare the organization to face business challenges. HR has to continuously develop strategies for ensuring organizational readiness to meet the current as well as future business challenges. It starts with understanding business levers, critical parameters for success and business drivers. HR has to understand the discontinuities whic... Read more »
HR Transformation: Industry View: Ester Martinez, Founder & Managing Editor, People Matters
Oct 3rd 2011
HR will continue to play an active role in business planning as part of the leadership team. Talent identification, capability building, leadership pipeline and employee connect will be the core areas for the function. Read more »
HR Transformation: Industry View: Elizabeth Nanda, Chief of HR &Training, Fabindia
Oct 3rd 2011
HR – enabling growthIn the last decade or so, there has been a considerable change in the expectations from HR professionals, in the way they are meant to contribute to and partner in the success/growth/transformation of their organization. After all, if the HR strategy has to support the delivery of business strategy, then it can no longer just continue to focus on basic HR transactions. HR needs to get away from tasks that can be done by outsourcing firms, for example, activities such ... Read more »
HR Transformation: Industry View: S.Y. Siddiqui, MEO (Admn, Finance, IT & HR), Maruti Suzuki Ltd
Oct 3rd 2011
Time for HR to get more pro-active With the complexity of business environment growing at an unprecedented pace and with business environment becoming more volatile and intensely competitive, there is bound to be an impact on the role of HR as well.One significant shift would be for HR to be more closely aligned with business strategy and plan. Hence, focus would be on HR initiatives to impact business results i.e. more measureable HR tools and processes directly adding value to business pr... Read more »
HR Transformation: Industry View: Sandeep Sinha, Managing Partner, Lumis Partner
Oct 3rd 2011
HR, an integrated and valued memberThe biggest challenge in building a world-class organization continues to be the human capital. HR, as an organization, needs to migrate from being a support function to a strategic business role. It is a key contributor in helping organizations evolve with a rapidly changing competitive landscape. Also, HR drives the talent profile of the firm in tandem with the business growth trajectory. Overall, it is an integrated and valued member of the management tea... Read more »
HR Transformation: Industry View: Varadarajan Srinivasan, Executive President – HR, Tata Teleservices
Oct 3rd 2011
The mandate for HR is to Discern, Create and Adapt Culture to Business Conditions. This new role requires HR to take on new responsibilities: anticipating critical workforce trends, helping to shape and execute business strategy, while not abdicating people. Read more »
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