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Bouquet Volume 8

Jan 2020—Mar 2020

For Members—Private
NIPM MADRAS CHAPTER Circulation Only

Chairman’s Message
Editorial Team
• M.H. Raja
• K Ganesan
• K.S. Chandru
• S. Bhanu Kumar

Dear Members, personally and professionally. It has Bhanu Kumar for the efforts in bring
We continue to look been such an honor to be a part of the this Newsletter in professional manner
on time. The upcoming News Letter is
Greetings and best wishes for the leadership team of NIPM, a well-
forward to your season. respected and highly-regarded covering the articles on Covid-19
Challenges and Industry 4.0 & HR
articles (not more I am sure that we are all experiencing a
association which has highly placed
professional members from various Challenges.
than 2 pages) for different situation which we never had. streams of industries and institutions.
Wish you all in a good health and stay NIPM’s reputation is enhanced by We might have heard the sudden
the Bouquet safe along with your family. I take the many of the practicing management demise of HR friends in their young
age and it calls for creating a Corpus
magazine privilege in requesting everyone to professionals who contributed their
Fund to support their family. We are
stay at home and keep social time and expertise for the
distancing, following Government advancement of this association and working with other HR Forums in
guidelines during this lockdown period the industry. I am fortunate that I have creating a Corpus Fund to support our
Theme: Covid 19 as our Health is more important than collaborated closely with such qualified HR Friends and do contribute when we
announce.
Impact and post anything else. members, Executive Committee
member, past Chairmen’s, a quality
Covid work culture We have experienced natural board and place my gratitude to all of As a responsible and reputed forum,
calamities due to floods or drought, them and appreciate all they’ve done NIPM is looked up for breakthrough
etc., and suffered with economic for NIPM during my term. initiatives, reaching out to the
Please send your slowdowns in our life. In all those millennials and contribution for
situations we could be able to analyze, Looking back the impressive knowledge transformation of its
submissions to understand and predict the reasons accomplishments over the past two members. That requires strong and a
vibrant team to lead the Chapter and I
nipmcc@yahoo.com and way forward. But the current
epidemic Covid-19, is strange and a
years, I truly recognize the team effort.
There have been so many noteworthy wish the team to take over and my
life threatening to all of us, spreading moments this team could be able to best wishes to them. Once again on
across globe and affecting personal execute and some are first-time new behalf of the Executive Committee I
thank all the members for your
Contents and professional life of us. The year
2020-21 is going to be a very
accomplishments. We were recognized
as “The Best 2nd Chapter Award”. We encouragement and trust to this team
challenging to us and the way we dealt have collaborated with MMA & XIME, a and my Chairmanship.
Chairman’s Message 01 business will not going to be the same. joint Certification Courses on HR
In various forums, discussions and “Advanced Certification Course on As there are so many more
analysis we were deliberating Strategic Talent Management” & outstanding activities/programs
How Industry 4.0 is 05 technology disruptions i.e. Artificial Courses on IR "Organizational planned for 2021 and beyond, I wish
Intelligence, Machine Learning, and Discipline - Core of Industrial your support and enthusiasm for the
disrupting Human new team and the leadership as well.
Industry 4.0, etc. till some time back, Relations" and first live-streamed
resources now we are forced to discuss on bring Monthly Meetings, etc. were carried
back the business, economy, GDP and out. Opened up many students’ forums Remember to stimulate the mind and
Driving Change towards 06 of course people’s health. and supported for their annual enhance your environment!
Effective HRM national level conferences. I truly
Economists predict that this year acknowledge that all these were the
07 India’s growth rate will drastically result of members collaboration, Warm Regards,
HR Challenges in slowdown and GDP will be around 2%. openness and transparency with
Industry 4.0 (Smart HR This will impact on business handling, members input, priority to members’
cost cutting, people buying power and expectations and commitment for M.H. Raja
more importantly on jobs and job delivering quality Programs. Chairman, Madras Chapter
Corona Virus— 10 market across levels. As HR
Emerging Business & Professionals, we have lot of My sincere thanks to all the
challenges to handle different Corporates, sponsors, Speakers, Faculty
situations which we might have never Members, Trainers, Education
Life or Livelihood? 11 come cross. As NIPM forum, we also Institutions, Students, Office Bearers of
have the responsibilities to support our MMA, NHRD, ISTD, CII, XIME, Chroma,
professionals with innovative Sharp, S2S, MCC, FICCI for their
programs, equipping best practices, continued support to NIPM activities.
Covid 19 and the 12 sharing of experts strategies in this Also my special thanks to National
Indian Economy: crises time. Let’s be prepared for the Office Team for their cooperation. I too
Impact of ‘People First’ same. sincerely recollect supports provided
by Mr. E. Ethirajan, Manager of our
Policy I also wish to state that as a Chairman, Chapter during this tenure.
my term (2018-20) is going to be Lot of people appreciated and
Industry 4.0 -> HR 13 completed and I take this opportunity encouraged last issue of Bouquet and I
4.0??? to thank all the Members for thank them and extend my gratitude
entrusting me to serve in this capacity. to those contributed to the last
It has been a valuable experience both Bouquet – News Letter. My special
thanks Mr. K.S. Chandru and Mr. S.
Bouquet
Page 2

Dr. C Jayakumar
CHRO—Larsen & Tourbo

Dr. C. Jayakumar, Vice President & Head of


Human Resources for L&T Construction has been
elevated as Group CHRO for Larsen & Toubro, an
engineering conglomerate, with global
Dr C Jayakumar operations.
was elevated as A home-grown talent, joined way back in 1988 with the Construction Division
CHRO for Larsen of L&T, risen through the ranks and was Head of HR for various business and
geographies within L&T Group including Middle East. A highly result oriented,
& Toubro and HR professional identified as a top talent established his mark by designing,

NIPM implementing and managing various Strategic HR Initiatives for the group.

congratulates He is Ph. D in the area of Leadership (Ph.D) from Madras School of Social
Work, University of Madras. After his postgraduation in Economics from
him on this Madras University, did his Personnel Management & IR from Madras School of

promotion Social Work, PG program in HRD, from XLRI – Jamshedpur, Law (LLB) from
Bangalore University & also has one more postgraduate degree in Labour
Studies & an M.Phil in Labour Studies to his credit.

He is an active member of various Academic and professional bodies:

• Member of the Academic Council of Madras School of Social Work, an


Autonomous Institution, affiliated to University of Madras
• Member of the Board of Studies of Department of Labour Studies, University
of Madras.
• Member of the Board of Studies of AIMA.
• Member of the Corporate Advisory Board of Chandigarh University.
• Member of the Board of ICC of Hindustan University.
• Member of 10-member Executive Committee formed by Tamil Nadu
Government to upgrade Tamil Nadu Institute of Labour Studies into a Centre
of Excellence
• Life Member of NHRD, ISTD & NIPM.
• Executive Committee member in FICCI, CII, NHRD & ISTD Chennai chapter.
Volume 8
Page 3

NIPM partnering with other forums

On Feb 3, 2020, NIPM in association with All India


Manufacturers Organization conducted a Budget review session
with Dr. Soma Valliappan and Mr. K.E. Ragghunathan as the
speakers

The second batch of NIPM-MMA IR Course started on 29th Feb


2020 with Mr. A. Aravamudhan’s session

NIPM in association with XIME Chennai commenced the second


batch of the IR Course with Dr. M. Rama Krishnan as the faculty
for the day

We propose to
continue &
The NIPM Palakkad chapter was inaugurated on enhance
11th March 2020 and Mr. M.H.Raja, Chairman, partnering with
Chennai Chapter attended the event the other forums
to strengthen our
reach to the like
minded people
Bouquet
Page 4

Student Chapter Updates

Student chapter
members are
requested to
share their HR S A Engineering College Dept of Management Sciences during the Management Day 2020 event on
24th Feb 2020. Mr. M.H. Raja Chairman NIPM and Mr. S. Bhanu Kumar presided over the function
related events
and were accompanied by Mr. Chandru Hon, Treasurer of NIPM.
with photographs
for conducted Dr. G. Kerinab Beenu the Head of the Department along with her professors inaugurated the chapter in
events and the presence of the NIPM Representatives.
probable dates
for projected
events to
nipmcc@yahoo.c
om for publishing
here.

NIPM Madras chapter was the Knowledge partner for Women’s Christian College one day workshop on
Building HR Strategies for Harmonious People Management on 16th March 2020.. The workshop was
inaugurated by Mr. M.H.Raja, Chairman NIPM and Mr. Chandru was the Special Guest. Mr. Mathew
Gunaseelan spoke on the topic Innovative approach to build employee and Mr. S. Bhanu Kumar spoke
on the topic HR 4.0 for an Intelligent Organization
Volume 8
Page 5

How Industry 4.0 is disrupting Human Resources


The Fourth Industrial revolution recognition of students to warn rating to an employee, the
is blurring the lines between when to give a break or engage system alerts and asks – are you
people and technology. This has in a different way. Additionally, sure of the rating when the
led to a paradigm shift into a giving the employees the option person hasn’t been with the
wholly new world and brought of learning at their own pace at company for so long. While
about unprecedented change in any time through Learning managers can override it, the
all functions, including HR. Management systems is system gives a check and
Below are some examples of impacting L&D balance.
how Industry 4.0 is disrupting
the world of Human Resources Today even government schools Employee Engagement &
and leading to HR 4.0. have moved into the HR 4.0 Connect—Amazon uses an
bandwagon. Andhra Pradesh internal system called Amazon
Talent Acquisition Many IT government partnered with Connections to get a sense of
majors are moving from visiting Microsoft to create an app what's the mood on a daily
100+ campuses and recruiting which predicts which students basis. The system collects daily
from there to creating an online are most likely to drop out of feedback from employees on
test on multiple topics which school. The forecasts is done job satisfaction, leadership and K.R. Ramakrishnan
students across the world can through a complex algorithm training opportunities. The
take from any location and then using inputs such as enrolment feedback gives the HR and
calling the top scorers for the details, academic performances, management to make daily
next round. This has enabled the gender, student’s economic course corrections.
companies to get the best of background, school
brains across India, disrupting infrastructure and teacher ICICI Prudential uses chatbots
the whole concept of campus effectiveness. Based on early for anonymous employee
hiring. warning from the app, teachers surveys. Depending on the
can target the high-risk students rating given by employee, the Industry 4.0 is
At SAP, Artificial Intelligence with counselling initiatives. chatbot asks the employee to blurring the lines
plays a major role in enabling a elaborate on the reason for the
gender-balanced recruitment. Performance Management score. Judhajit Das, CHRO, ICICI
between people &
Says Shraddhanjali Rao, VP-HR, Prudential says, “the chatbot technology
SAP, “There are sixty words if PMS Process has also been gives us a second-level or third-
included in a job description impacted by HR 4.0. At Ola, level insights on the reasons for
technology is used to enable Industry 4.0 is
then women will not apply. the rating, thus enabling a quick
Today technology highlights employees to rate managers in intervention.” disrupting HR
those words and gives you addition to the usual and it is
options to replace those words.” performance ratings by Conclusions
managers. Also, it developed
important to
ICICI Prudential has designed a intelligence to look at the While the scope, speed and realize that
impact of Industry 4.0 is
game which a candidate has to feedback given by manager
disrupting HR, it is important to HR.4.0 is not a
play as part of the application using an algorithm that realize that HR 4.0 is not a solution but an
process. This helps the measures the number of solution for HR. HR 4.0 is merely
candidate to understand the keywords being used. This an enabler and provides scale – enabler and
role better, leading to reduction enables the manager to receive it is always the experience that provides the
in infancy/ early attrition. real-time assessment on the HR provides to employees which
makes the difference. HR 4.0 is required scale
quality of his or her feedback.
Training & Development ultimately about Human
Says Girish Venkataraman, Resources, and it is important to
Training and Development has Director HR, Ola, “This resulted keep the employee at the heart
received a huge boost due to in quality of feedback score as of all initiatives.
HR 4.0 through Personalized per employees increase from
learning pathways & eLearning 30% to 75%, thus leading to
analytics. It enables the increased positive experiences
instructor to obtain real-time of PMS process”.
feedback on the students’
attention using facial At SAP, when a manager gives a
Bouquet
Page 6

Driving Change towards Effective HRM


Corporate success is not an event close corner and always evaluate the longevity of employees in the
management. It is a deep dive process possible treatment they are likely to get organization.
involving all stakeholders from in such companies. Boss – Subordinate DEVELOP ABILITIES AMONGST
operations, managerial and conceptual relationship plays an important role in STAKEHOLDERS TO MEET FUTURE
layers of the organization. To ensure this journey. Many a times we listen that BUSINESS REQUIREMENTS.
corporate success, change is inevitable. employees are leaving their previous job Business will experience change in
Change – it can be for a short term due to ill treatment given to them by product profile and therefore change at
requirement or long term strategy. Each their immediate superiors. Therefore, it customer mix also. Stakeholders need
organization has to face change based is said that people don’t leave the to focus on local and global
on internal or external necessities, for company, they leave their bosses. It requirements encompassing changes
which business needs to have a well speaks about the volume of HR process which may impact business dynamics.
thought strategy. This will lead to shape and culture which is prevailing in such Managing transition is the key issue for
a conducive environment to face change organizations. Robust process will help such change. Meeting customer
in a positive way, bringing in cultural sustainability of organization. requirements should not be the role and
ethos involving all stakeholders. DEVELOPING LEADERSHIP – A responsibility of marketing personnel
Dr. Santosh Bhave In management of any business there CONTINUOUS PROCESS only. However, each and every
will be few important supporting factors. Leadership development is not a magic. individual working in the organization
Director—HR & IR Effective Human Resource Management Senior management needs to focus on needs to tighten the belt and make
Bharat Forge Ltd, Pune is one on the top. This has to be development of high potential talent highest level of attempt for developing
percolated from top to bottom and and nurture them for corporate success. abilities to meet present and future
ensure smooth penetration of the H.R. Leadership includes four important customer needs. In this process, human
process. For any business, to start with, factors - Energy, Energize, Edge and resource working in the organization
management may engage some Execution. should be motivated to take care of
consultant for bringing in effectivity in Energy speaks about having - drive and existing and future process, observe the
HR Policies. These policies will be based willingness to drive the change. Energy change which is happening in required
Leadership on consultant’s perception. The fact is, is considered as a source of power competency level, evaluate commitment
development is not a that preparing policy will be business of whether mechanical, electrical or of resource and bring in required
the consultant. However, he will not be otherwise. Person having high energy actions. This would help in overall
magic. Senior there when policies get executed, when binds together individuals with his manner for bringing in effective HRM
management needs to stakeholders will fill the pinch of such passion. Passion cannot be taught or systems within the organization with
consultant guided policies. The reason learnt. Passion can be considered as a minimum external interventions.
focus on development is ,these initial policies are based on factor which can be taught in TALENT DEVELOPMENT
of high potential consultants view based on with other management institutes - It come from This will be the continuous process
businesses. To ensure brining in within. equipping existing employees with
talent and nurture happiness about the HR policies, the Being energized speaks about the modern skills, attitude and knowledge.
them for corporate best methodology would be to take capacity of an individual to Senior Management needs to involve
employees of the organization into conceptualize and visioning it with a themselves in this process round the
success confidence and invite their suggestions view that other would get sparked from clock to ensure acceptance of
for formulation of HR Policies. Once HR it. Energizers inspire, mobilize people to management strategy. This will help in
Policies are in place ,the senior act and spark others to perform. They getting the trust of stakeholders on this
management with the help other change do not prefer to work in silos and will process.
agents in the organization can ensure not tolerate others to work in silos. Talent development should be round the
execution of HRM policies to win the Edge speaks about how strong one is, in clock agenda and senior management
confidence of employees. his core value, knowledge, exhibition of within the organization must inculcate
Following few points will support driving positive attitude and how one consider habit of asking questions starting from
effective change for ensuring execution himself as a self-competitor. Edge also five “W’s” i.e. What, Why, When, Where,
of HRM practices:- includes willingness to make tough and Whom.
EXCELLENCE AS BUSINESS GOALS difficult decisions and take ownership Talent development does mean only
This involves behavioural dynamics. for success and failure. Individuals with deputing members only for external
Understanding the real cultural change edge have a competitive spirit and know programs. It involves development of
requires curiosity about other successful the value of speed. They are confident. overall mindset of employees by making
organizations and willingness to accept They know where to display green light / them more focused , training them to
best practices. This will help in rapidly red light, and do not get paralyzed with use five “W’s”, with positive thinking in
improving organization performance. internal or external tension. mind. A flavor or arrogance in using five
Participation in various competitive Execution speaks something about “W’s” may lead in vitiating the
awards can boost the motivation level of driving results and being recognized as organizational environment and may
employees. The reason is participation consistent performer by all stakeholders impact possible cultural change.
in such competition would compel in the organization. Individual who have Therefore, organization needs to
stakeholders to think something better a liking for execution will always produce develop internal consultants and
than the best. This will surely encourage a positive result in organization are facilitators with a view to enhance
enhancement in people productivity and always in demand. positive cultural environment, which will
will support in bringing in total The role of top management is to derive lead towards creating environment of
productivity management culture, which effective HRM practices by developing exploring the idea of commitment and
will lead towards excellence. Once leadership and this should not be effectiveness.
define excellence is achieved involving considered as event but should but Change is a continuous process. All
people, organization can continuously taken as continuous process. those who are involved in driving the
set for next target and this process POSSIBLE HAZARDS TO THE change are expected to have above
should be continued. It is said that IMPLEMENTATION OF DRIVING referred qualities in their personalities.
widening the distance of goal post will CHANGE FOR EFFECTIVE HRM Effective Talent development and
compel employees to increase stamina SYSTEMS nurturing high potential employees is
to help in sustenance of energy. Corporate leaders need to focus on the need of time. With change in
PROCESS – HR BUZZ WORD sensitive issues within and outside business requirements and economic
Seasoned practitioners will understand organization and attempt to develop pressures, human resource professionals
quickly inner dynamics and strengthen internal facilitator leading towards total are expected to pay a key role in
the process roping in building blocks to quality management, inclusive in ensuring business stability.
strengthen change which is aimed for bringing in effectivity in performance
reinvesting towards HRM. Why it management systems. More the
happens that some specific companies objectivity you have in PMS, subjectivity
are considered as “Preferred Employer”? will get eliminated and will support in
And why is it that some employers are focusing an eye on enhancement of five
not considered as “Not Preferred important points of performance, i.e.
Employer”? This is because present and quality, quantity, cost, delivery and time.
prospective employers they view and Effective HR system if based on
review HR policies of companies from openness and transparency will help in
Volume 8
Page 7

HR Challenges in Industry 4.0 (Smart HR 4.0)


Introduction: with compliance and legal issues. The most important steps to apply
Industry 4.0 refers 4th Industrial Today’s HR professional plays Smart HR (Industry 4.0) are
Revolution - existing in today’s significant role in high-level
practice. This small piece of article planning, consulting with top 1. Create awareness of the
speaks about a glimpse on executives to chart strategic importance of innovation
challenges facing by Human direction and shaping key policies. 2. Educate the Innovation
Resource domain in Industry4.0 HR departments really need to be Management
(Smart HR 4.0) and management adding real Business value to their 3. Identify potential
approaches to overcome the same. Organizations. Companies started improvements
recognizing that they will need to
Industrial Revolution 4.0 take steps to retain their work Advantages of application of
(Existing now) force. HR professionals must be smart HR 4.0 Usha Santhanam
Industrial Revolution in modern able to quantify their contributions, Efficiency - Saving of Raw Material
history is the process of change if they are going to assist in setting and energy
from an agriculture and handicraft the strategic direction of the Productivity – Intelligent
economy to one dominated by business. The three most important technologies that are more
Industry and Machine challenges of HR to attain smart productive
manufacturing. HR4.0 was; Flexibility – Use of Cyber Physical
Here we are in fourth revolution is systems (CPS)
unfolding before our eyes. It’s Talent acquisition Individualization on demand –
millennium with the emergence of Training and Development Integration of customer through
the Internet. The Industry of today Retention Management Network (Cyber Physical system)
and tomorrow aim to connect all Decentralization – Faster and data
production means to enable their The speed of technological change driven decision making.
interaction in real time. brought by Industry 4.0 had
The globalization and created a significant gap between Expected Threats
competitiveness are forcing current capability of employees High cost need funding to start
companies to re-think and to and the rapidly evolving planning at national or regional Industry 4.0 is the
innovate their production requirements of their roles, level for the implementation of process of change
processes following the so called prompting a need to consider systems 4.0 from an agriculture
Industry 4.0 paradigm. It represents new and more effective approaches Threat of redundancy - Blue collar
the integration of tools already to face the above challenges. jobs
and handicraft
used in the past (big data, cloud, Appropriate management Lack of regulation, standard and economy to one
robot, 3D Printing, simulation etc.) approaches leads to development forms of certification dominated by
that are now connected into a of dynamic capabilities, continuous Unclear legal issues and data
Industry & machine
global network by transmitting learning and innovation climate. security
digital data. This situation draw an attention manufacturing
The Industry 4.0 is based on the towards the important role of Conclusion
concept of Smart Factory where the management practice of Smart An organization would require a
machines are integrated with men HR4.0 Talent Management is one successful smart HR 4.0 strategy to
through CPS – Cyber Physical of the effective tool of Smart HR cope up with the challenges of
systems, IOT (Internet of Things) 4.0. Industry 4.0 transformation.
connects machines and devises Emerging Technologies such as
with one another. IOT enables The most successful organizations internet - of –Things, Big data,
Industries to become more efficient look for innovative ways to keep artificial intelligence help us to
more productive and more reliable. and engage their talent,” said automate most of the HR processes
Technology has become more Doulas J. Matthews. “Poor resulting in efficient and leaner HR
advance than before. Wireless management results in lower Teams. Effective Organisation
communication will play a key role morale, decreased productivity, and structure and leadership style is
in enabling the Industry 4.0 employees who are disengaged required for smart HR 4.0
systems and technologies. from their jobs,” said Doulas J. implementation of that would allow
Matthews. the HR departments to play a more
Top Three HR Challenges strategic role in the overall
Traditionally, Human Resource Organization growth.
departments focused heavily on
administrative duties, including Industry 4.0 equates to fighting a
managing records, processing war for talent that does not exist
standard transactions and dealing
Bouquet
Page 8

Monthly Meeting

January 2020 Monthly Meeting—Analysis of Current Economic


Climate—” India” - Speaker Prof. Dr. A Anantharaman

February 2020 Monthly Meeting—Story Telling a Tech Take by


Mr. Sidhartha Satpathy, AVP HR, FSS Tech
Volume 8
Page 9

NIPM—MMA Monthly Video Meetings

January 2020 Monthly Video Meeting—Personal Goal


Setting Journey to Success by Mr. S. Magesh

February 2020 Monthly Video Meeting—Joy at Work Part 1 by


Mr. Vignesh Raja

March 2020 Monthly Video Meeting—Joy at Work Part 2 by


Mr. Vignesh Raja
Bouquet
Page 10

Corona Virus—Emerging Business & HR Issues


Introduction genuine difficulties in honoring • Engaging of GIG Workers to be
agreed commitments to the
In an Article published in The Hindu Employees and the continued encouraged.
English Daily, ,it was observed, expectations and Dependence of
Pandemics in the past have had the Employees on the Employers, • Ramp up Training and Investment
great influence in shaping Human in Remote working wherever
Society. Though it is too early to Say
how Covid -19 would change the
• In the Context of low morale possible
Challenges in sustaining the
world, now only certainty in this Engagement and On going • Design system to monitor the
Pandemic gripped. World is the all Involvement Activities. Productivity and Assess the
enveloping Uncertainty and a sense Performance Of People Working
of Insecurity among Nations,
Governments , Corporates and People.
• Fall in Sales and steep Crunch in from Home.
the Cash flow with the Priorities
Every sector of the Economy is deeply
disturbed.
in ramping up and stabilizing. • Cost Effectiveness to be ensured
Production to address Customer in all People Related Costs.
According to the Economists at the issues There is every likelihood of
WTO that the disruption and the deferring all Training initiatives • Develop a Short term Sick Leave
resultant impact to Global Trade will and Medical Benefit Policy tackle
be far worse than the Economic Crisis • While Attrition among Executives any
A. Aravamudhan Of 2008 .It u appears the present may come down due to all round
Global Health and Economic Crisis will Recession, but there will be a • Possible Resurgence of Corona
trigger unprecedented. Social, Compelling need to tackle their Virus
Economic and political Costs and usher Stress, disappointments and
in a Wave of Change that will shape Emotion . • System to be on Board to
the World for . Neoliberal Economic intensify Pre Employment Medical
Globalization will take a serious beating • Disruptions in Business Exam irrespective of the Category
and the Countries will be Self Seeking Operations may end up in Lay off, Of Labour
and Inward Looking in the wake of the Retrenchment or Suspension of
Pandemic. India is a No Exception. Work leading to IR issues. • Few Guidelines for Shop Floor
Behaviour including Social
Issues Faced By the Business • Needless to mention that these Distancing and Hygiene to be
issues do normally crop up institutionalized
As repeatedly now being articulated , It whenever we confront any
According to the economists is apprehended that the following
Pandemic triggered
Business down turn or Recession. • To overcome Budgetary
at the WTO the disruption issues certainly are and will
We in fact in a larger measure constraint E - Learning to
had witnessed these developments be made a Way Of Life.
and the resultant impact to be derailing the Projections,, during 2008 Global Recession.
Performance, Profits and even the
Global Trade will be far Sustainability Of the Organizations • But Today, Organizations are • Digitalization of the HR - Processes
Steep fall in the Consumer Sentiment grappling with an unprecedented and make Employees Computer
worse than the Economic and subdued Demands. Decline in Crisis that is fundamentally Savy.
Sales and Loss of Revenue. Lack
crisis of 2008 of adequate Credit to Manage the different from what they have ever • Due Compliance of Statutes to
Working Capital to Manage the experienced. No one is able to
predict with certainty the ensured to sustain the Confidence
Shortfall in Revenue Post Covid 19 scenarios and to level of the Employees.
What extent HR Function need to
Late and deferred Payments for the
Supplies made. Increase in the Finished be future ready. • Efforts to be pursued to review and
Stock inventory due to Moderate some of the Monetary
According Ernest & Young ,HR Benefits through Mutual
poor Customers off take. Function now needs to assert itself as a Discussion to reduce Operating
Cancellations of Future Orders Crunch Business. Partner to plan for the Future Costs with an assurance to restore
in Raw Material Supply, Disruption in HR Processes. HR Heads to recalibrate the same once normalcy is
Supply Chain. MSMEs in their priorities relevant to the restored.
financial difficulties are worst Contemporary Business requirements.
affected to resume work No option Many Experts observe that CV • To Emphasize the need to sustain
but to Postpone New Projects and Pandemic has brought the greatest
Capex. Cash Flow problems and the Employee Engagement
Work place Transformation Of our Life Activities In practice in the Pre
difficultyin honouring even agreed time. How we recruit.? How we carry
Commitments Painful Pay cuts and Corona Days.
out Manning ? How we Deploy and
Review Of Employee Benefits Potential where to deploy ? How we Digitize HR
Labour Shortages . Processes ? How we Learn and Impart • Focus on Work Life Balance to
Learning ? How we Assess and display the concern for the
The Economic Crisis needs a Demand Reward People ? Employees
Side and Supply side Response and to
revive the Business Activity requires To be specific the Priority Issues now • In all HR transactions ,a balance of
Capital and Human Resources. The are :; Empathy and Firmness to be
main focus of this Article is to highlight displayed.
some of the Key Emerging HR issues
and the processes need to address • Ensure Multiple Approaches Let me end this Article with a Note
that“when fear and uncertainty
them. The World will not be the same to Communication on a Regular
as it was during the Pre Corona Days. Basis regarding abound , the HR is the right and
Competent Function to handle the
People Issues Responses and add Value to the
• Impact of the Virus on Business Management. Strategy to evolve a
In this emerging scenario we need to and the responses expected from New Business Model to tackle
examine some of the key Macro & the Employees the Crisis. Let us be Confident that
Micro HR issues and find New thinking this also shall pass and the HR
and New Ways to address them The • Message to emphasize that Function will reinforce its Position at
Lethal Combination of Health and “Stability Of the Business is urgent the Centre Stage of the Business
Economic Issues are posing New and more important than Assertion Processes.”
Challenge to HR Professionals. The of Rights “ to be constantly given.
issues are:
• Culture of “ Concern and
• Job Losses and Cut in Employees Commitment to Society “ to be
reinforced
Earnings resulting in sagging
Morale and Motivation of the
Employees. • Involve the Employees and their
Representatives for any immediate
• Hiring Freeze and the consequent Change Initiatives needed
increase in the Work Load for the
available Employees • Plan for Labour
• Shortages and Difficulties in Shortages and possible High Rate
Of Absenteeism
locating and Deployment of Flexi/
Contingent Labour Who would
have have migrated to their Home • Intensifying the Multi Skilling to
town. meet the Shortages Of Skilled
Labour
• Issues arising due to Management,
Volume 8
Page 11

Life or Livelihood?
Today the biggest debate in everyone’s light only up to what you can see
mind is which is important – Life or and NOT up to your destination • Permission to open certain
Livelihood?. Those who have no issues Industries without sales points
with Livelihood will say – Life is • Cross the bridge when it comes and consumption points
important and those who have no
livelihood will say Livelihood is Who can help you make the right • We failed to engage people to
important. Those who are in the middle decision stay at home with certain
can swing on either this or that occupational engagements
depending on their predicament from
time to time. • Trade bodies and associations • Announced Rs.1.7 lakhs cr
can offer early highlight or package but as on date spending
Is there any learning from the last 21 detection of practical issues with is only 31k cr as per information’s
days of curfew? If so what are they and limited suggestions for right/ available. What are the balances?
how can they be used to handle the perfect solutions. Like a patient Avoid long term solutions now.
next 20 days, better. coming up to say – Doctor I have
headache can I take Anacin. What should we do for next 20 days?
Let us see analyse. Before doing so, I Limited knowledge on solutions
would like to convey and reconfirm that but abundant knowledge on
I am neutral, I have no political problems • Immediately assess the needs of
affiliation and my expressions are both various sectors such as Farmers /
keeping as an Individual and as an
• Experts can offer solutions but Nil income earners / Informal K.E. Raghunathan
Entrepreneur can not visualise issues. Like a workers/ Self earning persons /
Doctor who can analyse the MSME’s / Corporates – only for
patient and write prescription but the next 1 month and address Past National
Basic fundamentals in finding can not write unless patient says them with solutions – not just
solution to any issue his problem. Abundant Solutions salary or cash alone. President, All India
but limited reality issues
• Different people have different Manufacturers
• Be Transparent and honest in • The Decision makers need to emergency and urgency
putting the problem on table administer the right solution to • Allow immediate opening of Organization
the right patients at the right
• First estimate the ‘needs’ and timings with right quantum. Essential shops including
hardware/ electrical shops /
then plan for the ‘means’
• Remember a good Fire service service centers for appliances so
• Options to solutions - Either from expert will First eliminate that daily wage earners like –
plumbers / electricians/
what you can spend or what is spreading of fire areas and then
required to be spent or based on only addresses the place of fire carpenters can work and that will
Urgency or emergency and based also keep the men folk at home
on Bearable or unbearable pain occupied during these times to
Facts to know before decision be inside their compound wall
• Write down those who needs
• It is said that about Rs. 40000 cr is • Center must concentrate on
support – this is like a pyramid. sealing India From Oversees thro
The bottom most being those a loss from Trade and Industry a
day according to FICCI President AIR/SEA movements apart from
below poverty line , then daily framing macro policy on imports
wage earners , then informal and for 21 days we have lost
estimated about Rs. 7 – 8 lakhs and exports , allocation of
workers , then self- employed , Finance , compliance of statutory
then traders , then micro , small , crores
regulations Life or Livelihood is the
medium enterprises , then • biggest debate. Those with
corporates , then state govts ,
How do we engage all those
remining at home and keeping
• State must decide on Trade and
then central governments. Industry functions, Sealing of no issues with livelihood
them occupied state borders, Transportation of
• List down day to day needs, • How do we take care of the goods, Micro level policies for will say life is important
weekly needs, monthly needs, migrant workers / road side living localised implementations,
quarterly needs, annual needs Procurements for handling the and those with no
assess families / abandoned old people situation.
livelihood will say
• Identify those which needs to be Learning from the first 21 days • District administration must just
livelihood is important
protected and time bound – like take care of implementations.
perishables, seasonal Farming, They should not take any
shelf life products , Food related • Contradictory, different policies individual policy decisions.
consumption and clearly assess
Tangible and intangible losses
between – Districts / between • On 20 th March Laxman Rekha
states / between center and was drawn at the entry of each
state / between different home, then it went to entry of
Remember the old sayings—which ministries in center / between India, then entry to every state
are like a ‘wise advice ‘when you find ministries and PMO and then to entry of districts and
solutions now it should be the border of
• Half baked directions, Trial and every police limits. All borders of
error implementations of issues each police station must be
• If you begin something wrong, though it is not always possible
to make 100% perfect decisions.
sealed and people can be allowed
you are always wrong movement within the area but
they should secure pass from the
• A Stitch in time saves nine • Doing first thing first and last border police to move away from
thing as last. their area.
• You can paint on the only if wall • Announcing Financial package for • Petrol bunks must stop supply to
exists 3 months without addressing all private vehicles – two wheeler
• Nipp the issues at butt most required to handle during
the 21 days of time
or four wheeler unless they have
essential service pass for
• You should know your strength,
• Allowing Food and Essential
movement. This will prevent
unnecessary movement of people
you can face and fight the world in vehicles.
industry to function but not
• When the house is ON FIRE, do specifying feeder units to also
function or opening up transport • Set up a task force war room, at
not think about refurbishing every disstrict level to address
operations.
any other needs on war footing
• Instead of giving fish allow/ teach
• Short time given to safe guard basis.
them to fish
industry and work place, before
• Arrest falling down factors first the beginning of the 21 days
curfew. Employers and self
than pulling up fallen ones
employed and daily wage earners
• When you get into a car in the were caught unaware with stock
night – the headlight can show in hand and finished jobs which
can not be encashed.
Bouquet
Page 12

Covid 19 and the Indian Economy: Impact of ‘People


First’ Policy
COVID-19 has posed an important raw materials to larger Already we have witnessed the
unprecedented challenge on the industries have been closed. partnership between Facebook
Indian economy. Never in its Moreover, industries exporting and Reliance Jio. The specific focus
history had an emergency arisen commodities including leather, has been to impact the small and
such that the entire economy was textiles and chemicals have been medium kirana stores.
shut down for weeks or months impacted. Given that both the
together. However, the pandemic large industries in the domestic Pharmaceuticals: The COVID-19
has necessitated such an economy as well as export has made a severe impact on
L Somasundaram unprecedented lockdown period. markets will take considerable developed countries, where the
Director—Research @ time – up to one quarter to predominance was lifestyle
Akara Research & The most important outcome of reorganize and place orders – the diseases and not contagions. The
Technologies Pvt Ltd. this move is that India is now recovery in these sectors could be risk perception of healthcare
known to put its people before postponed by a good 6 month industry has undergone a major
economy. At the level of people, period. One of the welfare change as the developed
families and friends, Indian culture measures of the government is the countries are largely impacted.
has always put people before the lowering of interest rates, These countries would invest more
economic wellbeing. However, at including to housing sector. The in basic pharma increasing the
the international level somehow impact is expected to be delayed, capacity of drugs and vaccines
the perception is that the “Indian as house purchase decisions will related to such contagion
State” does not put the lives of its be postponed by a few months diseases. India will emerge a large
citizens in the forefront. This even in the organized sector. player in future as it has already
perception has taken a complete established a large base.
change in the way both Central On the positive side, it is to be
and State Governments in India noted that Indian economy is still On the human resources front,
have responded to COVID-19 largely depended on domestic companies have now seen the
pandemic. Indeed, governance has sector. As such even as the exports possibilities of engaging resources
put its people first and the sector takes time to recoup the from remote in many sectors.
economy next. domestic sector can revive faster Firms may not be immediately
based on the welfare measures impacted by this. However, we
The most important Such a strategic governance undertaken by the government expect strategies to emerge that
response comes with immense and also based on the local could focus more on the human
outcome is the India is
costs. Economic costs need to be economic cycles happening in capacity to add value, while
now known to put its measured and over time get small and medium towns around regular jobs are being taken over
people before economy adequately compensated. Except the rural economies. This may take by machines. Medium and smaller
However at the the “work from home” category, about 5 to 6 months. It is expected firms may focus more on having a
other economic activities have that the government shall larger part of the employees on
international level
been shut down due to the continue to monitor the COVID-19 contractual payroll at least till the
somehow the perception imposition of emergency. Various situation continuously even after recovery happens. On the other
that the Indian State does studies at the initial stages have the lockdown is lifted. The areas hand, employees, particularly in
not put the lives of its estimated that the Indian identified as hotspots may strategic positions need to be
citizens in the forefront
economy’s growth could be hit by continue to be under lockdown. entrepreneurial even being
at least 2 to 3 percentage points. employees. This shall help them
Before COVID outbreak, India was The following sectors shall see handle risks better for both the
expected to grow at about 7.5% some changes in the future: firm as well as one’s self.
for the year 2020-21. With the
economic activities completely Logistics: There has been a
shut down in April 2020, major number of direct-to-home
activities contributing to India’s delivery disruptions happening in
Gross Domestic Product (GDP), the last one month. We may see
namely agriculture, manufacturing, some consolidation among the
construction and mining sectors players, but the change is there to
have taken a setback. stay. We would see governments
adopting this mode of delivery for
In agriculture, the major issue has various goods that are delivered.
been the inability of produce to All these could transform logistics,
reach markets on time. This has an with more data science and
impact on successive cropping. In analytics coming to play.
manufacturing, the small and
medium enterprises which supply E-commerce: A natural corollary to
logistics with larger digitization.
Volume 8
Page 13

Industry 4.0 -> HR 4.0???


Industry 4.0 focuses on 3 distinct skilling and upskilling it is
aspects: important that we are able to • VR / AR / MR—Leverage on this
• Digitization of all value chains bring in some interest in the technology to facilitate more
employees trying to grow on immersive learning experience—
• Digitization of Products & their own. The best way to may be a warehouse assistant
Services achieve this is gamification—this may be asked to execute tasks in
by itself is a major initiative for a virtual environment before
• Digitization of Customer needs HR selection or during induction,
• Brand Employee & Employer— new recruits maybe provided a
virtual tour of the office, intro to
This is made possible with technologies this can be achieved through
employee friendly policies and key people etc
like
more importantly with employees
• Cloud computing being enabled to work from In this new environment, it is important
anywhere, it is important that a for one to remember that millennials
• Mobil computing value proposition is created for a are becoming the driving force of any
• Sensor based operations happy employee who are the organization and it is important that
actual brands the new work & new leadership is
• Artificial Intelligence / Machine oriented around this. Some aspects
Learning • Diversification—focus on experts that needs a mention are:
on contract available as plug and • Holacracy—Provide freedom to
• Augmented & Virtual Reality play, see if Persons with Disability S. Bhanu Kumar
self-manage—Power is equally
• Data enabled decisions— (PwD) can be hired in certain
areas distributed throughout the
Analytics organization Director
• Analytics—This is a big ticket
• Gig Economy—Short term
Concept of HR 4.0 is closely linked to item. If HR & Finance of an ARRA Associates
this Industry 4.0—HR 4.0 rhymes with organization does not have data, contracts and freelancing reign
Industry 4.0 and hence the name. no one has data. See how the supreme over permanent
analytics can be established to contracts
What is the impact of Industry 4.0 on
HR? By and large focuses on the
understand people better. Need • Teal Organization—Revolve
to build a scenario wherein we around self management,
implementation of technology in HR. ensure through data, HR is able wholeness and evolutionary
to make people fall in low with purpose—no hierarchies, people
Traditional HR is evolving into HR 4.0. the job and sustain that love are empowered to their true
The reasons are multifold. Let us look through their career. HR 360 is selves—common goal and no
at a few of them: what we are looking at—we need competition
• Floating Teams—Teams are to ensure HR understands the
nuances around how an
spread across multiple locations In essence all this comes to the
and are expected tow work in employee will perform and bring following two aspects of a HR life in
unison about a change in culture to ana organization
achieve
• World of Millennials—prefer • Employee Experience.
working from anywhere, anytime Industry 4.0 is bringing HR 4.0 Observations, perception,
using any device with focus on employees have in their journey
deliverable than on the effort • Focus is changing towards within the organization. This
spent Automation, Exchange of Data, includes all phases from
Dependency on Data and attracting & hiring talent,
• HR role enhanced—expected to efficient decision making process onboarding and engaging, the
multiply talent, (re) combine skills • People need to reassess new employees, steering
using Technology to increase themselves and align to performance and development to
Adaptability, Learnability, technology offboarding. The focus is to
Flexibility, Innovation and improve retention
Performance • Recruitment is more aligned and • Employee Engagement, enabling
less complicated—AI, NLP,
A Global Practice Lead of Talent & HR Historical performance view employees to feel their
Operations indicated “I can envision a through analytics…. relationship with the company
future where HR Professionals are no that they work for. To ensure this
longer thinking that their job is to stay • Responsibility is just not sourcing, happens, they need to know
on top of current HR Trends but to recruiting, onboarding but company goa, believe they can
reposition [themselves] to become personalizing too fulfil it and be motivated to reach
workforce advisors it. They must feel listened to and
So the key success factors include: have access to right resources like
So how to we gear up to face this. No • Managing the integration of information, training etc
rocket science but need to be clear on Technology in workplace
few aspects—critical ones are listed
below: - and ensure where possible • Enhancing employee experience Thus while industry 4.0, technology
Technology is used as we are moving advancements are definitely making an
towards that • Building an agile, personalized impact, the HR’s core business of
learning culture employee experience and engagement
• Tools enabling simple, fluid and • Metrics valuing Human Capital— being efficiently managed is not missed
direct communication need to be out and that continues.
established. We can look at Need to put data to use—look at
implementing communication resignation rates, drivers and It is important that HR utilizes the
platforms that are transparent segments, correlation between technology as an enabler to ensure
and easy to use pay increase performance and they are able to achieve what they need
promotion wait time are some
• Need to introduce automation examples to achieve in a deeper, accurate
manner facilitating better organization
where possible—in one of the
organizations that I consult, they • Automate! Automate!! culture in the technology oriented
have implemented chatbots in Automate!!! —Saving time and lscenario
the HR Intranet page and the being more effective is the norm
chatbot is intelligent enough to of the day. Typically pick areas
handle basic HR questions and if that could build a monotony or
not able to handle, picks relevant are complicated in cases of error
info from chat and shares with HR corrections and / or complicated
people for response to execute and see how the same
can be automated for better
• Gamify learning and operations
performing—Operationally we
are moving towards remote • AI—See how this can be leverage
working, remote management, in recruitment (IBM Watson
self learning for skilling and identified the best candidate for a
upskilling. While performance position without human
tag can always be added to intervention_ - Candidate
screening is another example
Page 14

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