![]() Financial Daily from THE HINDU group of publications Saturday, Oct 29, 2005 |
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Info-Tech
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Events Industry & Economy - Human Resources `HR is growth engine for business' Our Bureau
Bangalore , Oct. 28 THE HR job today is tougher than ever before. This was the conclusion at a HR conference at the BangaloreIT.in here today. Speakers at the seminar titled `Managing People - Driving Business,' HR practitioners were of the opinion that the discipline has become the growth engine for business and people management practices should work towards nurturing talent towards that end. Mr Pallabh Bandyopadhyay, Chief People Officer, Scandent Solutions, said there are new demands from the HR manager because of developments such as competitive cost pressures from neighbouring countries such as China, Vietnam etc, mergers and acquisitions and emergence of new careerists whose aspirations are changing everyday. "HR is no longer a soft role, there is a lot of accountability here," according to him. Mr Sudheesh Venkatesh, Head, HR, Tesco, talked about the negotiating power shifting to the employees from the employer. "Everybody wants good people, right now, therefore increasing the pressure of recruitment and retention." He also talked of the changing profile of the prospective employee: "People have higher risk-taking ability, and the relationship between employees and employers last only as long as it's good on both sides," according to him. Earlier in his keynote address, Mr Simon Heath, HR Director, Retail Banking, Misys Banking Systems, highlighted the need for a Peak Performing Organisation (PPO) and why Misys opted for a PPO exercise. "Companies which have no common processes, practices and brand awareness need PPO." Outlining the advantages of going through the people development programme, he said that PPO creates a family, belonging, trusting atmosphere and is something that `people want to join.' Changing employee profile
MR C. Mahalingam, Senior Vice-President, Human Resources, Symphony Services, said that what was presumed to be `normal' on a resume about a decade ago, no longer holds good. He listed out some changes that have come about in the employee profile that HR managers might want to make a note of:
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