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HR must give itself and people a new sense of purpose

Mint Mumbai

|

November 22, 2024

Is human resources (HR) as a corporate function in a coma? I often ask people across organizational hierarchies that I deal with: "When was the last time you turned to HR and felt genuinely supported or inspired?"

- SRINATH SRIDHARAN

In a world where businesses are more fast-paced and people-centric than ever before, HR seems to have strayed from its original purpose. Once seen as a vital control function in the industrial era, over-seeing workforce operations, HR has struggled to redefine itself as organizations entered the knowledge economy. In an age driven by data, connectivity and automation, HR appears to be limping along as a compliance and administrative branch rather than an impactful strategic partner.

Think about the young engineer freshly minted from a university and buzzing with ideas, or the middle manager rising up the ranks and managing a small team in the hope of leaving a mark. Both likely interact with HR mainly during onboarding, payroll issues or performance appraisals. At its best, HR is friendly and functional, but does it empower them, guide them or help them fulfil their potential? More often than not, HR's interactions are viewed as formalities, with little substance that adds value.

HR often feels like a tick-box function, focused on procedural formalities rather than meaningful support or change. Take exit interviews, for example. Despite collecting insights from departing employees, HR rarely acts on this feedback, making the exercise seem superficial and disconnected from real work. This is not to say that HR professionals do not care; indeed, many enter the field with a genuine passion for people. Yet, over time, the agenda shifts.

FLERE HISTORIER FRA Mint Mumbai

Mint Mumbai

Mint Mumbai

Investors expect AI use to soar. That’s not happening

On November 20th American statisticians released the results of a survey. Buried in the data is a trend with implications for trillions of dollars of spending.

time to read

4 mins

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Mint Mumbai

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360 One, Steadview, others to invest in Wakefit ahead of IPO

A clutch of firms, including 360 One, Steadview Capital, WhiteOak Capital and Info Edge, is expected to invest in home-furnishings brand Wakefit Innovations Ltd just ahead of its initial public offering (IPO) next month, three people familiar with the matter said.

time to read

3 mins

November 28, 2025

Mint Mumbai

Mint Mumbai

I-T dept to nudge taxpayers to declare foreign wealth

The department was able to collect 30,000 crore disclosed in the previous Nudge drive

time to read

2 mins

November 28, 2025

Mint Mumbai

Mint Mumbai

Catamaran to boost manufacturing bets

Catamaran is focused on a few areas in manufacturing, such as aerospace

time to read

2 mins

November 28, 2025

Mint Mumbai

Mint Mumbai

India, UAE review trade agreement to ease market access

Officials of India and the United Arab Emirates (UAE) met on Thursday to review how the Comprehensive Economic Partnership Agreement (CEPA) is working, and remove frictions that may be impeding trade between the two nations.

time to read

1 mins

November 28, 2025

Mint Mumbai

Beyond the stock slump-Kaynes' $1 bn aim is just the start

Shares of Kaynes Technology India Ltd have fallen about 25% from their peak of 7,705 in October, amid a management reshuffle and the expiry of the lock-in period for pre-IPO shareholders.

time to read

1 mins

November 28, 2025

Mint Mumbai

How Omnicom’s IPG buy will change Indian advertising

Two of the advertising world’s Big Four holding companies—Interpublic Group and Omnicom—officially merged this week.

time to read

2 mins

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Mint Mumbai

Why TCS is walking a tightrope

Tata Consultancy Services Ltd recently outlined an ambitious multi-year $6-7 billion investment plan to build artificial intelligence (AI)-focused data centres and is already making progress in that area.

time to read

2 mins

November 28, 2025

Mint Mumbai

It's a multi-horse Street race now as Smids muscle in

For years, India’s stock market ran on the shoulders of a few giants. Not anymore.

time to read

3 mins

November 28, 2025

Mint Mumbai

Mint Mumbai

Telecom firms flag hurdles in data privacy compliance

Operators need to comply with the data protection norms within 12-18 months

time to read

1 mins

November 28, 2025

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