NITIE holds a panel discussion on aAligning HR Strategies with Changing Business Strategiesa
· Commodore Dilip Mohapatra, Global Head, Learning and Development, TCS
· Mr. Mohit Nayyar, Head HR, P&G;
· Mr. Pankaj Bhargava, Head HR, Marico
· Mr. Srinivas Macha, Associate Vice President, Aranca
After the welcome speech, the round of presentations began. The first to address was HR head of Marico, Mr. Pankaj Bhargava, who explained the paradigms for managing and retaining talent. He suggested a simple technique of treating the talent as a customer. He emphasized the fact that it is essential to make the customer feel comfortable at the time of induction, during his service period and even at the time of separation from the organization. This practice, along with upholding the quality of service provided to the customer, helps in talent retention.
Next to decipher the topic further was HR head of P&G; India, Mr. Mohit Nayyar. He covered various aspects of Mergers and Acquisitions, giving example of the P&G; and Gillette Merger. He pointed out that for mergers to be successful, right kind of mix between the organizations is mandatory. He also brought out some key points that are responsible for the success of any organization. For example, a clear business plan, making a right choice on what’s “nice to do” and what’s “need to do” and finally the importance of “people first” approach, because ultimately they are the people who can make or break a process. His presentation gave an insight into the success mantra of most of the successful organizations.
Commodore Dilip Mohapatra, Global Head (Learning and Development), T.C.S was the last panelist to address the audience. His witty remarks, eloquent style of interaction with students infused a new zeal in the event and gave some new direction to the topic, which was so far unexplored. Present day HR dilemma, Human Resource Outsourcing(HRO) – a boon or bane, covering aspects such as what to outsource, what are the intimidations against outsourcing etc were brilliantly explained by him with occasional quoting of real time examples from his professional as well as personal life. He stressed that strategic HR planning, policy formulation, core competency; cultural values etc. are an integral part of any organization and impart a unique identity to the organization. Thus they stand completely out of the domain of outsourcing. According to his conventions, there is no magic talisman for compatible and fruitful outsourcing; rather, in essence, it is a process, which should be scripted with vision and objective of organization.
Panel discussion was the crescendo of Samiksha. Almost all questions hovered around M&A;, Attrition and HR not getting the due recognition in industries. Mr. Srinivas Macha, Associate Vice President, Aranca, moderated the panel discussion. Panel agreed in unison to get the hitherto denied decorum, HR needs to be so much competent and capable that it should leave the obvious traces of its footmark on the beaten track that leads to the goal of organization.
Commodore Dilip Mohapatra divulged the epitome of issue of Attrition and Retention.
He said, “Unless the top management is talented, the top talent cannot be retained.” While taking on a question related to M&A; Mr. Nayyar dwelt upon the importance of Cultural Audit, which in itself, is a burgeoning trend in the arena of acquisition. Commodore Mohapatra elaborated in detail on every question either directed or diverted to him in lucid way, which was commended by the audience. He said that the question of Candidate Management turns irrelevant once the idea of treating the talent as a king or queen gets christened in core cultural value of organization. Questions like The functional type of people getting amalgamated with HR or HR people osmosis with Line Managers etc were all part of volleys of questions launched at erudite Samiksha panel.
The panel discussion came to an end with the encouraging remarks by the panelists regarding the selection of the topic, the level of participation of students and also the about the NITIE campus. The panelists were felicitated and the vote of thanks concluded the event.