We live in a world that calls for greater cultural sensitivity and awareness. With global organisations taking lead and war for talent intensifying, the function of HR has become extremely dynamic.
Alongside managing a global workforce, there exists a need to retain talent. Most industries and countries are to experience a widening talent gap, notably for highly skilled positions and for next generation of middle-level and senior leaders. It has become important to predict, gauge and evaluate the impact of HR strategies on the workforce and accordingly align them with these new market realities, and lay more emphasis on skill development.
The workforce wants innovative and challenging work, but also values work-life balance. Employees are clear about what they want to do and how they would like to achieve their goals. There is a need to ensure that employees, especially high performers, get opportunities to grow in their career. Likewise in a younger workforce, it is vital to ensure that employees are well trained and equipped to manage people’s needs. Also, the need for emotional intelligence is paramount. Work is more cognitively complex, collaborative, dependent on social skills and technological competence, mobile and less dependent on geographies and hierarchies. These are the areas where HR can play a significant role in building organisations.
While we have set-up one of the largest Asia Pacific’s R&D centres in India, HR challenge has been of immense growth and ramping up. We need great talent to work with us and we are always looking for employees passionate about technology and travelling. We believe that younger employees are brimming with positive energy that spurs organisational growth.
It is an ever changing world and ensuring that the innovative HR strategies are aligned with this world (while trying to meet the demands of the changing workforce patterns, preferences, behavior) is key to growth and success. Talent management and retention of a great workforce is extremely vital for today’s organisations to perform outstandingly well and beat the competition