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Monday 30 January 2017

HR learning: 30 Jan, 2017



1.
The story on Learning Management System – LMS.
It’s interesting to see what we use today has its roots as far back as 1924 while some aspects such as; adaptive teaching were invented back in 1956. 
So is LMS only about creation, distribution, and recording of e-learning? Not really, today’s organizations are demanding a lot more from the LMS ecosystem. It’s not only the traditional top down – I Tell You Do – kind of training platform but also about employees taking control of their learning’s and using both internal & external sources to further the same. While a large majority of the learning will remain blended there is a clear shift also happening towards self-paced online group learning’s via MOOC’s. 
As rightly mentioned in the Deloitte Human Capital Trends 2016 – “Corporate learning departments are changing from education providers to content curators and experience facilitators, developing innovative platforms that turn employee learning & development into a self-driven pursuit”
As per the Sierra Cedar HR Systems Survey 2016, Learning solutions are part of the Talent Management solution and close to 80% of organizations buy it today as part of the Talent Management or HRMS suite, thus indicating that most organizations would prefer to buy this solution along with something else. In the same report within talent management solutions we see that adoption of learning solutions is close to Performance Management and Compensation Management – both upstream and downstream applications. While the Talent management category has about 9 sub categories of applications, the report states that on an average an organization is likely to have 4 of these applications. Interesting, the report claims that high performing talent driven organizations will look for integration in these sub categories of talent management while other organizations are not so keen on the same.  


2.
5 learning and development trends to watch out for in 2017
If yesterday’s L&D was about instructor-led classes and web-based e-learning platforms, today’s workforce increasingly demands learning that’s engaging, personalised, mobile, and immersive.
To help L&D professionals shape a next-generation learning environment, Udemy for Business took a deep dive into the profile of the modern online learner based on its platform of 13 million students to distill key learning trends and what to expect in 2017.
1. Mobile learning accounts for 25% of all learning worldwide
2.  Millennials and Gen X are the largest online learners
3. Mobile video traffic is the fastest growing category in total mobile traffic
4. Wednesday is the most popular time to learn at work
5. Hot course topics to keep an eye on in 2017

3.
Training and Development - A Key HR Function
Organizations need to flex their learning & development muscle to support internal talent mobility, as career progression becomes the top reason for employer attractiveness.
Training and development is one of the key HR functions.
Most organisations look at training and development as an integral part of the human resource development activity. The turn of the century has seen increased focus on the same in organisations globally. Many organisations have mandated training hours per year for employees keeping in consideration the fact that technology is deskilling the employees at a very fast rate.
So what is training and development then? Is it really that important to organisational survival or they can survive without the former? Are training and development one and the same thing or are they different? Training may be described as an endeavour aimed to improve or develop additional competency or skills in an employee on the job one currently holds in order to increase the performance or productivity.
Technically training involves change in attitude, skills or knowledge of a person with the resultant improvement in the behaviour. For training to be effective it has to be a planned activity conducted after a thorough need analysis and target at certain competencies, most important it is to be conducted in a learning atmosphere.
While designing the training program it has to be kept in mind that both the individual goals and organisational goals are kept in mind. Although it may not be entirely possible to ensure a sync, but competencies are chosen in a way that a win-win is created for the employee and the organisation.
Typically organisations prepare their training calendars at the beginning of the financial year where training needs are identified for the employees. This need identification called as ‘training need analysis’ is a part of the performance appraisal process. After need analysis the number of training hours, along with the training intervention are decided and the same is spread strategically over the next year.

HR News: 30 Jan, 2017



1.
Five ways AI impacts the workforce
One in seven HR leaders agree that automation/artificial intelligence is already impacting their workforce plans.
According to the sixth annual Harvey Nash Human Resources Survey, representing the views of 1,008 HR leaders from over forty countries, 15 per cent of HR leaders said their plans were being affected right now, and a further 40 per cent believe this will happen within the next two to five years. Here are five ways in which AI is changing the way HR thinks and functions:
1.      Enhanced insights
2.      Reformed recruitment
3.      Personalised learning
4.      Smart assistance
5.      Power of prediction

2.
IIMs get cabinet nod to now grant degrees instead of diplomas
The Union Cabinet headed by PM Narendra Modi has approved the IIM Bill 2017, to now grant degrees to passing out students.
India’s premier business institutes, the IIMs, will now grant degrees to students passing out from there instead of the diplomas as was the practice earlier. The Union Cabinet headed by PM Narendra Modi on Tuesday, granted approval to the Indian Institute of Management Bill (IIM) 2017. The Bill also provided for autonomy to the institutes with ‘adequate accountability’. The Bill will now be presented before the Parliament in the upcoming budget session.
An official statement released by the cabinet said, “Being societies, IIMs are not authorised to award degrees, and hence, they have been awarding Post Graduate Diploma and Fellow Programme in Management. While these awards are treated as equivalent to MBAs and Ph.D, respectively, the equivalence is not universally acceptable, especially for the Fellow Programme.”

3.
HDFC Bank loses 4,500 employees in Q3
As the banking industry increasingly looks towards bringing in automation to boost productivity, hiring could slow down further.
With its earnings growth slipping down to an 18-year low and costs becoming a huge concern, HDFC Bank had to let go of nearly 4,500 employees in the October–December quarter. As the banking industry increasingly looks towards bringing in automation to boost productivity, hiring could slow down further.
For now, analysts believe this employee reduction is probably the largest by the bank in a single quarter and is likely to continue if the economic recovery does not quicken. The bank believes that the current drop in headcount is primarily due to a combination of natural attrition and hiring at a clip lower than normal.
As per the bank’s data, total employees of the bank fell to 90,421 in December 2016, down five per cent from 95,002 in September 2016. Some of the drop could also be attributed to natural attrition.
HDFC Bank revealed this week that its net profit grew 15 per cent to Rs 3,865 crore from Rs 3,357 crore a year earlier— the slowest profit growth since June, 1998. Pre-tax profit in trading of bonds and currencies fell to Rs 253 crore, from Rs 513 crore a year earlier, while fee income grew just 9.4 per cent year-on-year as some streams of the bank’s fee line were hit due to demonetisation.

HR Movements: 30 Jan, 2017



1.
Fidelity’s Anil Misra joins Magicbricks as CHRO
In the past, Misra has worked with companies, such as Just Dial, Tesco, Patni Computer Systems and the Oberoi Group of Hotels. 
Anil Kumar Misra, who quit Fidelity National Financial earlier last month, joined Magicbricks as its CHRO. At Fidelity, he was vice president & chief human resources officer.
Getting back into the online business domain, after having worked with Just Dial for about two years earlier, Misra joined the Noida headquartered dotcom business on January 23.
This is for the first time that Magicbricks has brought in a CHRO as earlier it had a head-HR, Anupama Beri, who still continues while Misra joins in. “The new role has been created in line with the company’s ambitious plans in terms of business revenues and their presence in the market,” shared Misra.

2.
Kellogg India appoints Rohit Kumar as CHRO
Kumar was earlier director - business HR, Pharma & Consumer Healthcare, at Sanofi.
Moving from the pharmaceutical industry into FMCG, Sanofi’s director - business HR, Pharma & Consumer Healthcare, Rohit Kumar has recently joined Kellogg India as the director HR (CHRO). Kumar, who joined Kellogg on 28 December, is based out of Mumbai and will be responsible for heading HR for the India market.
His new role at Kellogg entails enabling the company to grow further taking it to the next level in the market by energising the workforce, identifying the required capabilities and putting forth compelling plans ensuring that they are executed well.
Speaking of his new role, Kumar says, “Kellogg currently has around 60 per cent of share in the Indian breakfast category, where a lot of action is also happening with new players coming in. So it’s going to be an interesting journey. We need to shape the organisation to take on the challenges, analyse capabilities and gear up for the market.”

3.
Freecharge takes away Snapdeal’s L&D head, Mayank Kapoor
Kapoor has joined as head-HR. The company hopes to further its aggressive talent acquisition strategy with this key new appointment.
Freecharge, a digital wallet company has roped in Mayank Kapoor as head-HR. He has moved in from Snapdeal, where he was director-HR heading the L&D function and the Snapdeal Academy for the last 20-odd months.
In an official communique, Sudeep Tandon, chief business officer, FreeCharge shares how employee and talent base have been the keys for product innovations and growth at this new-age company.
He says, “Human resource management is the chief enabler to further build on this growth. Kapoor and his team will play a primary part in our growth story.”

Saturday 28 January 2017

Guest Lecture-2 - Wisdom Learning Series (HR Club Activity)




1. Mr. Sanjeev Parkar, Sr. Director, Human Capital, PricewaterwouseCoopers, was able to communicate fine with 10 students of MMS, 1st Year, Batch 2016-18, MMS, 2nd Year, Batch 2015-17, on Wednesday, 25th January 2017 in Class Room 501, 5th Floor, on the topic, ‘Trends in HR’.
2.      He shared his 21+ years of experience highlighting the various ‘Trends in HR’.
3.      He explained terms like
a.       ‘Artificial Intelligence in HR’,
b.      ‘Predictive analytics’,
c.       ‘Forensic identification techniques in HR’,
d.      ‘Technology disrupting HR’,
e.       ‘Recruitment with vision basis’,
f.       ‘Salary hikes in India’,
g.      ‘Uber-isation of manpower’,
h.      ‘HR diversity issues in India’,
i.        ‘Work inclusion in terms of work-from-home etc.’,
j.        ‘Accelerated career paths’,
k.      ‘Rapid urbanisation’,
l.        ‘HR care factor,’, and
m.    ‘Frigonomics in HR predictive analysis’.

On the whole, the session was informative and there was a good conversation with details exchanged by students and the Guest Speaker.

 MMS student welcoming the Guest Speaker, Mr. Sanjay Parkar
  
Mr. Sanjay Parkar,Sr. Dir., Human Capital, PwC receiving the memento

Students attentively listening to the Guest Lecture by Mr. Sanjeev Parkar, PwC