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Monday 31 July 2017

HR learning: 31 July, 2017

1.

Embracing role-based digital learning, the Equiniti Way

The Equiniti India group has modelled its role-based digital learning initiative on E-learn, Equip, Evolve, heres the complete story. 
Modern learning mechanisms have been disrupted by social, digital, and mobile technologies and organizational learning and development departments have had to adapt to this change. In this context, Equiniti India launched its digital learning initiative with a goal to create an irresistible employee experience and give employees an edge in the marketplace. Equiniti India is the offshore arm of the Equiniti Group. Equiniti India team provides BPO, IT development & testing and other operational support such as Marketing & Sales Support, HR & Payroll, and Finance Shared Services to various Equiniti Group companies and clients of Equiniti. As with any talent process, alignment with business goals and employee aspirations was key to the company’s endeavor.

2.

What does it take to become a go-getter today?

What are the qualities of a go-getter? How can HR professionals carve out go-getters from millennials?

The millennial generation today is causing the top CEOs of the world sleepless nights. We go to any forum and there are either of the two conversations which take place: engaging millennials at the workplace and building capabilities to succeed in this VUCA world.
When the conversation drifts to the millennials, they always quote examples of the millennials who have either successfully established a new process to help business or have immensely helped the organization in establishing a technological intervention, and which would have saved the company millions of dollars.
As an HR professional, if you have ever been part of these conversations, you too would have wondered about the exceptional cases of younger working force taking charge and accomplishing great things within a very short period of time.
You must have also asked yourself, what sets apart these go-getters from rest of the millennial generation? And most importantly, if there was a way that youngsters would display the same exemplary behavior within your organization.
And the answer is, ‘Yes, they can but most importantly you can help them do it’.

3.

How Mahindra Finance beat attrition with Soap Opera Style Learning

Such initiatives have an outstanding impact on the employees and make learning engaging and enjoyable. Mahindra Finance scores well on parameters such as mature people practices; focus on building a lot in-house and low attrition.

Learning & Development is going through a lot of changes, especially when the world of knowledge is just a click away. From traditional set-up, say the classrooms, we have come to a point where learning is experiential. It has also evolved in such a manner, that now people prefer to learn anywhere and anytime. Virtual realities, Augmented realities, and byte-sized learning are creating a storm in the new learning culture. And organizations are also adopting these new technological tools to make sure the learner (ie. their employees) are motivated and upskilling them at regular intervals.
Such is the story of Mahindra Finance. One of the leading providers of financial services in rural and semi-urban India with over two decades of expertise and presence across 2.8 lakh villages in India, the company’s objective has always been to help transform the lives of semi-urban and rural India by providing affordable customer-centric solutions. The organization recruits employees locally to enhance familiarity with the local geography and demographics.
Mahindra Finance which employ over 15,000 people has adopted diverse innovative measures to enhance leadership skills among employees, one of such initiatives was where they developed a Soap opera style learning podcasts program for field executives. Such initiatives have an outstanding impact on the employees and make learning engaging and enjoyable. Mahindra Finance scores well on parameters such as mature people practices; focus on building a lot in-house and low attrition.
Byte sized podcasts are specifically designed programs for the Field Executives which can be delivered through social media platforms on their mobile phones like WhatsApp. The program is designed as an engaging story which is weaved in a series of two-minute podcasts/ audio files. The program uses the concept of anthropomorphism (the attribution of human characteristics or behaviour to a God, animal, or object) to engage the participants. The program allows participants to access the learning anywhere and anytime through their mobile phones. Such a program design ensures that participants scattered in different geographies get consistent learning at their finger tip. The design also ensures the Gen Y learning style & hence becomes an effective way of learning. 
It is artistic, engaging, a human-centered approach with emphasis on the executives’ lifestyle, and personal drivers.

HR News: 31 July, 2017

1.

TCS to conduct IIM Bangalore’s exams for online courses

Talks are also on for joint hosting of a management educators’ hub.

Indian Institute of Management Bangalore (IIMB) has joined hands with technology giant Tata Consultancy Services (TCS). The B-school will leverage the technological capability of TCS arm iON to conduct exams for its open online management courses which run across the country.

iON is well known for its assessment capability. IIM Bangalore will utilise this capability to successfully run the exams through its digital zones thrice a year, in Bengaluru, Delhi, Kolkata and Mumbai.

The online open courses, which are taught across schools, are similar to the offline courses which the B-school runs on its campus.

2.

Reigning cats and dogs: Companies try new ways to combat work stress

Office pets seems to be the new mantra in employee stress management.

From bright office designs to more frequent breaks, companies are now finding newer and  innovative ways to deal with work stress. Office pets seems to be the new mantra in this area,  with some organisations providing pet-care leaves and others even allowing employees to get their pets to work.

Recently, a Scottish firm introduced a week-long leave for its staff to enable them to ‘bond’ with their new dogs, while a Japanese firm came up with an ‘office cat’ policy.

Japan, known for its workaholic and stressful culture, has most businesses struggling to find ways to relieve employee stress. Tokyo based IT company Ferray found its stress handling mantra in cats.

3.

Toronto-based startup aims to become Uber of talent acquisition

The Gig economy model offered by Curasion involves temporary positions, independent/freelance workers and short-term contractual engagements.

The human resources industry is going through various digital disruptions which are changing the way employers hire, retain and develop new talent. Curasion Inc., a startup based in Toronto, aims to disrupt the process of talent acquisition by using Uber’s ‘Gig economy’ model for enterprise hiring and recruitment.

‘Gig economy’ means an environment where there are always temporary positions and companies contract with independent/freelance workers for short-term contractual engagements.

The business model of Curasion works by connecting the Fortune 500 companies, which it calls the eager customers, to the pool of independent talent, who are paid on per-contract basis.