Friday, October 12, 2012

Udyam 2012 - Emerging Challenges for the HR Leaders in the Globalized Corporate Landscape

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It was indeed a great honor and pleasure to host such an august gathering that has come together under the aegis of Udyam 2012. An endeavor of the Executive management students, Udyam – is an annual summit hosted at the NOIDA campus and serves as a platform in bringing together eminent personalities and stalwarts from the corporate world, government and society to churn out and discuss ground breaking ideas and thoughts that would help shape the future of the industry, society and nation at large. It provides a unique opportunity for the students to interact with and learn from the vast bounty of knowledge and wisdom shared by the leading practitioners from their respective fields and thus help prepare them for a meaningful and enriching career in the industry. Continuing along the same lines, this year, Udyam 2012 would encompass discussions on Emerging Challenges for the HR Leaders in the Globalized Corporate Landscape.

Opening panel discussion on “Employee engagement on business performance” was anchored by Mark Lynn, from DD News.Eminent panelists Mr. Jacob Jacob - Chief People Officer, Apollo Hospitals, Priyanka Anand - Vice President - HR & Organisation, Ericsson, Ms. Savitha Nair  - Director - Human Resource, Sulekha  and Mr. Shrinivas Sastri - Vice President & Head India HR, BirlaSoft and Mr. Vineet Sharma -Director HR, Indus Valley Partners,voiced their opinion on this subject. Soliciting feedback from employees, substantiating that with an action plan and communicating it progress back to the employees will close the loop of employee engagement. Defining a clear career path in terms of technology skills as well as soft skills with active involvement by the employee is a norm in current scenario. Panel concluded the discussion by highlighting the importance of employee engagement in sustainable growth of organizations.

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In session 2 of Udyam, an esteemed panel of Industry stalwarts discussed “Innovation and employee satisfaction through non monetary measures”. The panel included inspiring leaders such as Mr. Rajeev Bhadauria, Director Group HR, Jindal Steel and Power Limited, Mr. Ajay Bhasin , Regional HR Manager, Britannia, Mr. Anuricha Teotia, Deputy General Manager, Technopak, Mr. Ajay Bhasin, Regional HR Manager,Britania. Sharat Chander, Director at Press Information Bureau, Ministry of Information and Broadcasting played the role of panel moderator.

The speakers talked about the intangible benefits that could motivate the employees. Even during the selection process for middle to senior management professionals, special focus needs to be given to identify the values which the person cherishes. Fulfillment of these values will prove to be the best way to motivate the employee. The very insightful discussion concluded by resounding ovation from audience. Elite panelists convinced students of IIM Lucknow, Noida campus that monetary benefits alone cannot drive employee to excellence. Employee’s excellence is in his own drive to evolve as a leader in organization.

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A star performer can be great at what he or she does, but do they have what it takes to succeed in the higher level position is a vital question that every manager can ask themselves before they arrive at a final decision. With this as backdrop, session 3 on "The dilemma of years of experience v/s star performers" was initiated. Discussion was anchored by Mark Lynn, from DD News. Panel members were Mr.Vasant Sanzgiri - Group Head Human Resources, Shapoorji Pallonji , Ms.Pooja Arya, DGM HR , IBM  and Prof. Punam Sehgal.Discussion revolved around the importance of rewarding star performers by putting them in fast track and complexities created in the workforce management due to this change in leadership dynamics. Panel highlighted the need of fast tracking and its increasing level of acceptance due to the results they deliver.

Day was packed with lot of insightful thoughts being talked about and the students enjoyed every bit of it. They called it a day with great expectations about the upcoming sessions in Udyam 2012- Day 2.

- Parag Deshpande, Bijumohan R, Siddharth Asthana

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