iimt studies welcome all participants · new vuca normal to be managed by a new vuca antidote new...
TRANSCRIPT
“Enabling Growth Through Education”
IIMT Studies
Welcome All participants
Accredited by the British Accreditation Council of the UK
4th Ranked
e-Learning Institute of India
HR as a Value Creator in Business Revival
SPEAKER:
AMIT DAS
Director HR & CHRO
Bennett Coleman & Co. Ltd.
Subject
New VUCA Normal to be managed by a
new VUCA antidote
New VUCABusiness Models
Global Marketplace
Customer Expectation
Digital Disruption
Multi-Generational
Talent
Accelerated Speed of Change
Lack of Business sustainability and shrinking Business
lifecycle
Interconnected & Boundaryless world
of Business
Personalized Customer
expectation –choice,
convenience, cost
Hyper-customized workforce needs &
priorities
Technology Force multiplier: Scaled
up human intelligence
Sustained Profitable Growth
Customer Centricity
Robust & Agile
Leadership
Digital Maturity & Savviness
Future Ready Talent
Business Innovation & Growth
Agile Structure &
Process
Engagement & Alignment
Simultaneous Management of Customer expectation gap & Capability gap
Business Levers for Value CreationLe
ader
ship • Boldness, Authenticity,
Humility & Vulnerability
• Agility
• Tolerance to Ambiguity
• Shared Vision & Purpose
• Connect, Influence & Communicate
• Technology Appreciator
• Ownership & Accountability
•Hierarchiless Adaptive People leader
Emp
loye
es • Growth Mindset
• Critical Thinking
• Digitally Savvy
• Collaborative & Empowered
• Learning Agility
• Purpose Driven
• Experimental & Entrepreneur
• Creative Disruptors
Org
aniz
atio
n • Interdependent, Networked, Flatter & Agile
• Digitally Matured
• Innovative & Collaborative
• Business with Social Conscience
• Supports Gig structure & mindset
Being Agile is no longer an option but an Organizational
necessity
Continuous Learning, Un-learning & Re-learning
Transformation of WWW: Work, Workforce & Workplace
through Creative Disruption
Changing Paradigm of HREvolving HR ParadigmB
usi
nes
s Su
pp
ort • Payroll &
Benefits
• Training Administration
• Performance Appraisals
• Technology Agnostic
• Need-to-Know Basis
• Siloed outside the core Business organization
Bu
sin
ess
Part
ner • Compensation
Management
• Learning & Development
• Performance Management
• Technology Literate
• Reactive Approach
• Partnered with Business only when required
Bu
sin
ess
Enab
ler • Compensation
& Benefits
• Capability Building
• Performance Enablement
• Technology User
• Proactive Approach
• Reached out to Business on priority areas B
usi
nes
s V
alu
e C
reat
or • Total Rewards
Architect
• Future Ready Workforce
• Experience & Productivity
• Influencer & Innovator
• Spots Opportunities
• At the center of organization projects
Moving up the Value chain to enhance Enterprise Value Creation
HR IMPERATIVES
“HR need to recreate a Talent ecosystem which will createenormous value for the Enterprise”
“HR need to play the role of an Enterprise contributor byThinking (Strategic alignment), Executing (Structure, processgovernance, resource deployment) & Communicating(connect)”
“HR need to connect the heart & mind of employees with theorganization Purpose, bring in a sense of urgency &responsiveness, create guided coalitions, Empowerment &bias for action ”
Attract, Engage, Develop & Retain Future Ready
Talent
Prepare employees for the new VUCA
Facilitate Digital transformation
Build Customer Centricity
Drive Creativity & Innovation
“HR need to have clear line of sight of the marketplace,Customer preferences, Technology trends, Regulatory dynamics& convert that knowledge into organization capability
Overarching Organization Purpose & Business Imperatives
Business centric People Strategy with tangible Success measures
Future Ready Talent Continuum to create economic value
Performance & Innovation driven Culture – shift from governance & control to guidance & collaborative mindset
Leverage Technology for Employee Experience & Productivity
Increase Employee Engagement & Alignment
EVP driven Employer of Choice
Integrated & Dynamic Capability Continuum of Workforce segments
Developing Multi-
disciplinary Skills
Anticipating Change
Embracing Technology
Focusing on
InsightsTrust & Credibility
Strategizing with
Business
Leading with impact
Communication & Engagement
Solution oriented cross functional/business interventions
Leadership Agility: proactiveresponsiveness to change for thebetter
Leverage technology as force multiplierto drive experience & productivity
Predictive data analytics through insightboards
Knowing the cogs in theBusiness machine, market &social intelligence
Innovating, collaborating,celebrating, connecting &co-creating for enhancedexperience & productivity
Alignment of purpose to captureheart & mind through transparentcommunication & customizedengagement
Invest in relationships, demonstrateempathy, compassion & care, fairnessin action and Recognize & Rewardvalue based behaviors
Talent instead of natural resources will be the critical differentiator for organization & society at large
Right talent, at the Right Time at the Right Price
Robust Talent Management framework that Identifies, Engages, Develops & Retains Talent
Building an Interdependent, Networked, Flatter & Agile Organization
Building a Culture of Risk Taking & Accountability
Recognizing & Rewarding Intrapreneurs
Hyper customization & personalization
Going back to the basics: Simplify ways of working & doing things
Managing multiple paradoxes: 1. Empowerment 2. Competition 3. Collaboration 4. Motivation
Capabilities Experiences
Domain knowledge & Expertise Human Capital Re-Engineering
Deep Business & Enterprise Understanding Cognitive Diversity & inclusivity
Technology Appreciator & Savviness Exposure to global best in breed practices
Deep Understanding of talent ecosystem Digital Transformation of people practices
Commercial Acumen Value driven organization culture
Change Catalyst & Creative disruptor Working with multi generation diverse
workforce
Emotional & Social Intelligence
Design thinking mindset for customer centricity
Any Questions?
Thank You
