Voice Of HR
Voice of HR is a monthly contest where in you, the HR, can participate and share your ideas, inputs and insights on the burning issues in the Human Resource space.
Post your article for any of the following topics-
- - Why HR policies need to change with the times?
- - Rumours: Ignore or treat them as information?
These HR trends were the talk of the town in the year that went by
2015 has been an exciting and challenging year for HR, learning, and talent professionals. The global economic scenario, changing demographics and rapid changes in technology have come to redefine the entire nature of work. Deepak Reddy, head, HR, administration & group learning academy, Bajaj Finance believes agile innovation, new technology and Big Data, learning, specific skill sets and work-life integration have driven the HR teams across organisations this year in India. “Passion, engagement, development, and innovation are key. 2015 was a year where innovation and pace of dealing with changes and complexity of business defined an organisation,“ suggests Leena Wakankar, head - HR, ASK Group.
Some of the initiatives taken by organisations that have led to a transformation in the organisational culture and development are:
1. HR and Big Data: Data analytics has been one of the chief HR drivers, used to bring data together from reporting and analytics teams in every HR process. Programming data together all in one place has enabled organisations to focus on urgent business issues, improvement in productivity and increased effectiveness of business as well as employee performance. Wakankar informs, “Big Data facilitated looking into areas like quality of hire, improving the average performance of a star sales person and analysing programmes which can deliver the highest return on investment.” Growth is a challenging task and maintaining a sharper focus around people practices will help to build robust HR systems that will enable organisations to embark on a successful growth journey.
2. Growing with employees: Reddy suggests, “An organisation should have a transparent, meritocratic and employee-friendly culture which can help the growth further and hence, employee initiatives should be crafted to align wellness to growth. High performance must be top driven and thus, the HR strategy should be woven around ‘driving growth’ rather than ‘managing people’. Investing time in employees and providing them with the tools they need to develop is crucial for output quality, morale and organisational growth. Wakankar adds, “One of the key focus areas for HR is and will continue to be managing the workforce and cultural sustenance. Aligning an individual’s purpose of working with organisational goals will be key to developing a connect with the employees and driving long-term engagement.”
3. Employee engagement and wellness: Organisations realised that health, happiness, and productivity at work are related concepts, and utilised opportunities to foster all three for the benefit of employees. The result was corporate wellness programmes, one of the evolutionary trends of 2015.
4. Innovation is the key: In this disruptive era, a culture of innovation is one vital factor for organisational success. A key trend observed in 2015, was innovation and cost effectiveness in implementing and redefining every HR process. HR has facilitated businesses to work with the capabilities of employees, needs of customers and having product and services in place thus enabling businesses to be prepared for the challenges that may arrive in the future.
The focus in 2016 will continue to be on weaving technology with people practices and encouraging Gen Z to enter into strategic leadership roles.
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