KEY POINTS/ HIGHLIGHTS
• Covid-19 pandemic has presented a myriad of challenges for
HR teams to keep the talent
• Presently, HR leaders have become pivotal for organizations to
reimagine the talent management practices in driving
resilience
• Remote working has become the new normal
• Massive layoffs in aviation, tourism, hospitality, and many other
sectors
• The sudden shift in customer demand and behavior has
resulted in a surge in temporary hiring
• Close to 87% of executives are witnessing gaps in their skills
because of automation and the advent of new technologies
• Reskilling is playing a major role in closing the gaps with cost-
effective training methods
• Leaders must formulate long-term strategies to build a strong
relationship with employees by listening and talking to them
about their tasks and other challenges at work
INFERENCE/ INTERPRETATION
• Grocery stores and ed-tech companies are hiring underutilized
workers
• Adoption of remote interviewing methods and on-campus
hiring is expected to continue after the covid-19 crisis
• New ways of working and polishing skills with the adoption of
new technologies are being found out
• Leaders can have regular conversations with their employees
that can help them overcome challenges and work in a
rewarding manner
• Continuous communication process helps in effective
evaluation of employee performance
• HR leaders need to optimize workforce planning and strategy
to add value
• The outbreak of coronavirus has created a rippled effect on the
industry
• The HR leaders have to redesign the policies according to the
new normal