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The Industry Interaction Cell (IIC) organized the First Edition of HR Conclave at IIM Indore on July 28-29, 2018 to explore ideas, trends and processes in HR that are pushing the boundaries of HR Management with rising technologies. The theme of this year was ‘Beyond the Boundaries’. The conclave witnessed the presence of eminent speakers from nuanced spheres of the corporate world. The event was attended by more than 350 participants with a lot of enthusiasm and zeal to learn from the speakers.
The first day began with a talk by Mr. Jatinder Salwan, Head HR – Societe Generale GSC, who presented his thoughts on the topic ‘Changing roles of HR with rising technologies, digitization and gig economy’. He shared the pace of change had become quicker in terms of technology as well as new skillset. ‘It has therefore become necessary for employees to upskill themselves very frequently. HR in today’s organisations must play a pivotal role in providing a direction to the efforts of employees in upskilling’, he said. He also presented examples from artificial intelligence being used in HR.
Mr. Ravindra Dharkar, Senior Vice-President – HR, Nuvoco Vistas Corp. then shared his insights on the topic ‘Amalgamation of new age HR practices for smooth IR culture in industry’. He talked about the new age HR practices & how the era of digitisation is affecting the old practises. He also spoke about the Employee engagement paradox – as how employee engagement policies can actually lead to employee disengagement. His talk was very motivating for the millennials present there.
Ms. Upasna Nischal, Head Talent Management, Evalueserve ACC shared her views on the topic ‘HR-Beyond the Boundaries’. She talked about how millennials participate in decision making, are self-aware and always eager to learn new things. She explained about the VUCA (Volatility, Uncertainty, Complexity and Ambiguity) World and how HR teams can engage employees in VUCA. In her address, she reinterpreted VUCA for success as (Vision, Understanding, Collaboration and Adaptability).
Day 2 started with an address by Mr. Sandeep Tyagi, Director – HR, Samsung Electronics on ‘HR Management and changing trends in a gig based economy’. He motivated the students with his insights on ‘Ideas that Drive the Organisation Ahead of Competition’. He identified the 5 core principles that enable Samsung to remain among the top in almost all the sectors it operates in. He focused on the importance of innovation, building better teams and on inspiring leadership that drives the people for results. He supplemented his invaluable ideas with inspirational videos.
Mr. Navin Patel, Head Talent Acquisition, Brillio elaborated on the topic ‘Technology Disruption in HR-TA domain and the expectation from Millennials’. He stressed on how advancements in HR technology would result in the domain transforming itself and the consequential need for disruptions. Mr. Patel also mentioned that with the inclusion of millennials in the workforce, companies would have to deviate from their traditional reward structures and adapt their policies to increase engagement with this new workforce. He concluded with several pointers to aspiring job applicants and emphasized on developing technical skills as a point of differentiation. He maintained that despite the advent of artificial intelligence and software driven HR practices, there would always be a need for human driven management.
Mr. Santosh Phulpagar, Head Talent & Acquisition, Crompton Greaves Power & Industrial Solutions shared his views on ‘Impact of Technology on HR’. ‘Patterns help us design business agenda’ – he focused primarily on the need to identify patterns following which technology can enable us to achieve a greater degree of accuracy in making predictions. He also identified the key business drivers and established the importance of linking business with HR. In the context of talent acquisition, he highlighted the need to ‘hire the right talent at the right time at the right compensation’ and employee retention.
Mr. Jyotirmoy Bhattacharya, Country Group Head – HR, Mahindra Finance presented and shared his insights on the topic ‘Emerging trends in technology in HR’. He spoke about the challenges faced by industries such as rapid urbanization, aging of the workforce, shifts in the global economic power which encompasses trade wars amongst nations, a paucity of resources and climate change. He further spoke about automation taking over most industries and the advent of robots in the workforce alongside humans in the near future.
The two days of HR Conclave 2018 were filled with lots of key takeaways for the students and witnessed enthusiastic participation from them. The speakers were quite impressed with the meaningful questions that enthusiastic students asked in the Q & A sessions. The conclave, through the journey of immersive speeches by eminent guests, concluded on July 29, 2018. The IIC thanked all the speakers for their valuable time and the probing insights they provided to the participants.