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The Journey And The Road Ahead
Human Capital
|February 2017
The trends and challenges for the Industry in the various aspects of HR as they were perceived in 2016 and how they stand for 2017 as explored by O.C.Tanner, a global employee recognition and engagement company.
Leadership, Engagement & Culture
2016: The economic climate of the day for smarter operational methods of business and challenge was to stay ahead of global demographical shift and the growing competition, and was thus leaning towards one common theme, employee engagement interconnected to culture. Therefore, companies were required to place employee engagement and culture as their top most priority in 2016. Secondary to this theme was Leadership, who knows how to lead teams and inspire them to create an exemplary brand and a journey to success. Further, learning and development, which forms the foundations of the brand, has an equal foothold in this highly commercialized world.2017: The aforementioned theme continues to bear significance in 2017, and, it is anticipated that it will continue in 2018 as well. It did progress in the priority list of CEOs, and the ROIs were evaluated to make investments in leadership and engagement / culture influencing initiatives. We will see a lot more business cases being presented to Company Boards to justify and measure the investments on initiatives created by organizations towards cultures and engagement of employees.
Developing the human side of the business
2016: Majority of the organizations with the ability to thrive in today's dynamic business environment are struggling because they do not empower people. Success in the 20th century was driven by process,structure and encouraging people to function more like machines hereafter success in the future requires us to make more of the human side of business.
Humans have evolved to deal with uncertainty through collaboration, cooperation and using conflict in a constructive manner. Businesses need to encourage their people to develop mindsets geared towards connection, conversation and experimentation.
Denne historien er fra February 2017-utgaven av Human Capital.
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FLERE HISTORIER FRA Human Capital
Human Capital
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Picture Out Of The Frame
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How Can They Fire Her?
It is a common phenomenon in the corporate landscape to misinterpret the inability to respond to a query by a Manager as a serious lapse which at times leads to termination of his/her services. As a fallout, not only do they risk losing out a person with superior managerial skills, they also dampen the spirit of the juniors in her department, leading to sinking morale and reduced engagement.
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A Rewarding Experience
Mentorship is a pro bono activity, and, can be considered by some as a sheer waste of time and energy. But, benefits come in many ways, and brings fast-paced learning and experimentation to the mentor, and arms them with the power to introspect.
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Strike While The Iron Is Hot
As India joins the league of fastest developing nations in the world, skill development is one aspect that is highly overlooked in terms of our young population. The median age of the Indian population is 27.6 years, making it one of the youngest nations in the world, but, we are staying away from taking advantage from such a key element.
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Going Digital For That Meal
Employee tax benefits in India have seen a few coursealtering changes in the past year. For starters, several benefits like meal vouchers and employee gifts are now easily available on digital platforms in a massive push away from paper-based functions.
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Nurturing A Coaching Culture
Jerry, who worked as a manager in several restaurants in the US was very popular among the waiters in his restaurant. So much so that whenever he moved to a new job, the waiters would follow him there because they loved him for his positive and motivational attitude. When asked as to how he remained positive at all times, he replied, "Each time something bad happens, I can choose to be a victim or I can choose to learn from it. I always choose to learn from it."
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Overcoming Biases While Managing Talent
Putting in place an environment that fosters learning by way of challenge and time-bound growth has been shown to bear fruit when practised on the right kind of employee. The work environment is no longer about perquisites and remuneration, but about value propositions.
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An Aggrieved Woman?
The Sexual Harassment of Women at Workplace (Prevention, Prohibition And Redressal) Act, 2013 has mandated that it is illegal to sexually harass women, working or otherwise, at the workplace. However, it certainly is strange that the law did not feel the need to include men, and, also did not clearly demarcate the boundaries of liability for the employer.
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