FutureHRSeminar

The future of HR has arrived, and it is now

The Global Economy is experiencing a period of uncertainty not seen before. Factors like Brexit, US Economic / Immigration Policy, Tariff war between US & other countries like China and India, rising Nationalism in many countries, climate change, disruptive business models, disruptive technologies and digital disruption, is creating an evolving landscape that is increasingly complicated and unpredictable for business to operate.

The rate of change is faster than ever before.

What’s worrisome is that as the paradigm shift we are in continually accelerates the pace of change, one or two years in this digital age might compare to a decade or two in the analog era. You can fall perilously behind before you realize what’s happening,”

says Robert Bolton, Head of People and Change Center of Excellence, Partner, KPMG

Many businesses are facing uncertainty and inertia. Uncertainty in this era,  is today’s new normal. As the world of business and work evolves, the HR organization will need to evolve and rethink, adapt & shape itself to meet the changing demands of the stakeholders.

There appears to be a noticeable gap between those HR leaders confidently riding the wave of change engulfing businesses and those trailing behind. CEOs & CXO’s are casting an eye on the ‘people agenda’ — until now the unchallenged turf of the HR professionals.

A latest report by KPMG reveals two sides to this story. Out of the surveyed 1200 global HR executives from 64 countries, 39% of forward looking and confident HR leaders are harnessing the resources and insights to redefine obsolete models, and implement technologies such as analytics, digital labor and AI. However, most of the HR leaders remain confused and overwhelmed by so many new additions, thus facing a risk of extinction. They are either struggling to adapt to this digital era or ignoring.

Time is of the essence and today’s HR leaders need to be initiating and sustaining “the right conversations” with business leaders.

HR needs to take on the mantle of  leading this change and help business to understand what makes people engaged, what cultures drive the most productive workplaces and what equations enable a true merging of human capability with technology.

HR is undergoing change. Not just small-scale change, but a fundamental seismic shift. A change that will see traditional HR falling behind and be replaced by a new set of skilled HR enabled by Technology, Social Media, Freelancers, Digital Labour which will alter the way we attract, hire, train, reward, retain & exit the workforce of the future and seen as adding value to Business.

The future of HR has arrived, and it is now

and as Dr Peter Drucker exhorts

The best way to predict the future is to create it.

HEGandhi19

Remembering Mahatma Gandhi – on his 150th Anniversary

Mahatma Gandhi the Father of our Nation wasnt a Management Guru or a Business Leader. He was the leader of the masses and led India into Freedom in a unique way – the non-violent struggle.

He was unique because he chose a path that no one else dared to dream. He chose an uncoventional path to Freedom struggle against a colonial Empire that had spread its tentacles far and wide. He was able to inspire millions of people at a time when there was no Television, Internet, Social Media etc and rallied the People of India to a common Vision – FREEDOM.

Many of his thoughts, ideas can be truly inspiring to the Business Leaders and Business community as well. Here are some of his thoughts that could inspire us at the Work Place :

  • The future depends on what you do today.
  • A customer is the most important visitor on our premises. He is not dependent on us. We are dependent on him. He is not an interruption in our work. He is the purpose of it. He is not an outsider in our business. He is part of it. We are not doing him a favor by serving him. He is doing us a favor by giving us an opportunity to do so.
  • Be the change you want to see in the world.
  • Freedom is not worth having if it does not include the freedom to make mistakes.
  • Live as if you were to die tomorrow. Learn as if you were to live forever.
  • An ounce of patience is worth more than a tonne of preaching.
  • In a gentle way, you can shake the world.
  • A man is but a product of his thoughts. What he thinks he becomes.
  • It is unwise to be too sure of one’s own wisdom. It is healthy to be reminded that the strongest might weaken and the wisest might err.
  • Be congruent, be authentic, be your true self.
  • If I have the belief that I can do it, I shall surely acquire the capacity to do it even if I may not have it at the beginning.
  • Strength does not come from physical capacity. It comes from an indomitable will.
  • ‘No’ uttered from the deepest conviction is better than a ‘Yes’ merely uttered to please, or worse, to avoid trouble.
  • Happiness is when what you think, what you say, and what you do are in harmony.
  • The weak can never forgive. Forgiveness is the attribute of the strong.
  • An eye for an eye only ends up making the whole world blind.
  • See the good in people and help them.