What the country lacks is the right combination of manpower in different departments and skilled employees in all forms of banking. Today, there is lot of focus on people competency development.
HR has broadly been shaped by adaptation to uncertainties for long, focusing on automation and metrics, flexible employment systems and overall transformation. The coming year will also be marked by the same trends, albeit with some changes in priorities
Our clients have been reaching out to us to re-evaluate their current recruitment processes and make their hiring models more robust. 2021 will see HR teams employing scientifically-designed digital assessments for effective hiring and workforce development.
Incorporating people analytics & digital HR tools in everyday HR operations will be a prominent trend in the HR domain. Leaders will rely more on data-backed decision making tools that can facilitate the expansion of the workforce as per the organisation’s strategic needs.
In the eleventh episode of the IIMB Podcast Series releasing on December 13th, Prof. Vasanthi Srinivasan, Chair, Digital Learning and Professor in the area of Organizational Behavior & Human Resource Management, shares her insights on people management in the virtual world.
For some, the prospect of change is something that is welcome and exciting, while for others, the thought of change can induce anxiety, uncertainty, and fear. Be that as it … Read More
If you’re like most of the small and medium businesses being impacted by COVID-19, you probably have some anxiety about how to handle the economic uncertainty created by our response to this virus.
While on one side, they have to keep pace with the business, implementing various austerity measures for ensuring sustainability, there is a need to support emotional and mental well-being of employees.
A changing workforce requires a new approach to employee retention if organizations want to keep their top talent in a business climate facing new uncertainties.
A country is what its people are, and therefore definitely the success of a project will depend on how the people involved in it set the goals and make efforts to achieve it. In fact, one of the most crucial aspects of a project management is its man power management.
Here is some advice from a research companybased on analysis which it places into three specific categories: accelerating trends, new impacts that were not previously part of the future of work discussion, and pendulum swings – temporary shorter-term reactions.
What do Uber, Swiggy, AirBnB, amongst others have in common, besides providing services at lower costs? Their leverage on information technology (IT)! IT has overcome the barriers of distance, time and cost, thereby levelling the playing field for everybody, allowing (or forcing, depending on who you ask) not just companies, but also individuals to compete in terms of costs, turnaround time, product quality and geography. It is therefore no surprise that IT-based companies are at the forefront of the gig economy.