The second edition of the HR Conclave IIMI-NENCE 2.0 was held virtually at IIM Indore on November 13-14, 2021. Organized by the Post Graduate Programme in Human Resource Management (PGPHRM) participants, the conclave focused on the theme ‘HR Revamp’. The event brought together the brightest of minds in HR, who shared their thoughts and experiences to stimulate conversations that would be instrumental in providing inspiration and mentorship to students.
The conclave was inaugurated by Prof. Himanshu Rai, Director, IIM Indore. In his inaugural address, he focused on how VUCA 1.0 – Volatility, uncertainty, complexity, and ambiguity can be overcome through VUCA 2.0 – Vision, Understanding, Clarity, and Adaptability. He threw light on the significant role HR plays to encourage VUCA 2.0 in an organization. A successful HR manager can define and propagate vision, mission, and values for the organization and make sure they are implemented and followed correctly, he explained. ‘HR is a vast field with complex phenomena, where one needs to understand the strengths, environmental issues, and what engages and motivates people. To understand people’s behavior, it is necessary to identify and overcome complexity’, he said. He concluded his speech advising the participants to understand three methods of communicating effectively in an organization: by understanding the organizational goals, how can one contribute to achieving that goal and what initiatives are been taken by a person at present to achieve that goal.
The conclave also witnessed various interactive sessions with eminent speakers. The first speaker, Mr. Kapil Vardhan, Senior Director, Flipkart shared his experiences in the industry and Flipkart’s work culture. He shared how the company is tackling the new normal and is planning immense growth in the future. He also mentioned how Flipkart goes about their different business like B2C, B2B, etc., and the role HR plays in organizational designing.
Mr. MVN Rao, Group head HR & CSR at L&T shared insights on leadership in a business, irrespective of the domain. He discussed people-driven programmes to get the desired results using D3: Data-Driven Decision making.
Mr. Satyajit Mohanty discussed the adaptability of humankind and noted that an organization putting faith in its employees is the key to building trust. He then discussed trends in great resignation debate, implications of the virtual world on connections, communication, and relationship. He also talked about how the adoption of technology has accelerated the HR processes.
Mr. Ravi Bhogaraju, Founder and CEO of AtPace, in his interactive session, conducted various online activities. He also talked about his personal and professional journey, different trends in the industry, skills needed for an HR professional.
Ms. Monica Dhar, General Manager, Reliance Industries, talked about the shift and complexity in employee engagement after March 2020. There is a need for personalized engagement keeping in mind the total wellbeing of the organization and several environmental factors that come under the umbrella of their experience, she noted.
Mr. Vinod Bidwaik, Vice President HR and CHRO, Alfa Laval, noted that the performance management in the past was result-oriented and it’s time for preparing a balanced scorecard. He shared views of how HR can facilitate the process, emphasizing the job description, compensation philosophy and employee engagement.
This is followed by the presentations of the national winners of the HR Startup: Case Competition.
National Winners – Team Hureka (IIM Indore), Prize Money: INR 50,000/-
2nd Position: Team Quartet (GLS University, Ahmedabad), Prize Money: INR 30,000/-
3rd Position: Team Ares (IIM Indore), Prize Money: INR 20,000/-
The two-day event concluded on a high note, providing a platform to the PGPHRM participants to interact with the industry stalwarts, learn from their experiences and share their ideas with them.