Total Pageviews

Monday 27 November 2017

Guest Lecture-1 - Wisdom Learning Series (HR Club Activity) on 25th November 2017


Title of the Event: Guest Lecture (HR Club Activity) 
                                                                                                                              
In-charge Faculty: Mrs. Merlyn Michael D’souza                                   
                                                                                                                     
Day: Saturday,

Date: 25th November 2017                                                                                                                                                                            
Time:                   From:  11a.m.    to   1p.m.                                             

Venue:        Class Room 304, 3rd Floor
                                                                                  
Audience (for whom conducted): HR Specialisation – (MMS/ PGDM, 1st Year, Batch 2017-19)                      

Number of people attended:              17          

Topic:    ‘Managing employees in CRM’

Organized by Club:   HR Club - HR Matrix               
                                                       
Speakers Name : Ms. Vinath Hegde,

Designation: General Manager – Business Development,

Company : Eureka Forbes

Whether Alumni or Not: Yes, is an Alumnus

Comments :
Ms. Vinath Hegde, General Manager – Business Development, Eureka Forbes, was able to relate well with 20 students of HR Specialisation – (MMS and PGDM, 1st Year, Batch 2017-19), on Saturday, 25th November 2017 in Class Room 304, 3rd Floor, on the topic, ‘Managing employees in CRM’. She shared her 27+ years of experience highlighting the different ways to manage employees in CRM in terms of employee engagement techniques. She summed up all the functions of managing employees in CRM in a nut-shell of three words, “To recruit, to retain and to develop”. She probed into the different reasons why a happy employee can make a happy customer. She explained terms in managing employees with reference to its functions like recruitment and selection, employee retention, performance management systems, career planning and human resource information systems. She explained how simple things like a company anthem in the beginning of the day, a healthy pat on the back for employees is important in engaging with employees, how business acumen is met by their retention, how they satisfy customers to achieve profit margins, meet servicing targets, won so many awards being physically challenged and so on. On the whole, the session was supportive of employee engagement techniques in CRM practices and there was a good conversation with facts.

MMS student felicitating the Guest Speaker Ms. Vinath Hegde, GM-BD, Eureka Forbes


 The Guest Speaker, Ms. Vinath delivering the lecture


The 1st Yr HR specialisation students listening attentively to 'Managing employees in CRM'

HR learning: 27 Nov, 2017

1.                     
Learning to Learn – Building a Learning Organization

The first thing that every organization needs to do is to "un-learn" and "re-learn" on how to build a 'Learning organization'.
Every organization talks about learning and development as one of their key focus areas. There are big budgets allocated, training team set-up and all the boxes are ticked, yet, learning happens to be one of the most under-worked and deficient area for most organizations. 
It’s no irony that most of the top talent leaves for better growth opportunities and new learning experiences. Important question to ask is, “why are most organizations not able to leverage this aspect?” Inspite of spending crores, why do people experience lack of learning and exposure? Why are there questions about most companies’ capability to build a strong learning base that can prepare leaders for the future? 
As a Head of HR, one of my focus areas is to build a great talent pool. This can not be achieved only by hiring the top talent. However, even before we jump on to the popular/legacy models that may have worked in the past, the first thing that every organization needs to do is to “un-learn” and “re-learn” on how to build a “Learning organization”. 
While I am challenging believer in the key principle of 3Es of learning (Education, Exposure and Experience), I also believe in innovation in ways of executing these 3 principles by most organization. I’m talking about resisting the bias against doing new things, examining the horizon of progression, and urging yourself and the teams to acquire radically different skillsets - while still performing your job. That requires an inclination to research and become a beginner again and again: an extremely uneasy thought for most of us. “A beginner’s mindset” is the new normal for not just the high-profile start-ups, but also legacy organizations. 

2.
Best in L&D Re-Engineering: Jindal Power

Presenting the People Matters L&D League Awards Winners - Part 3.
When internal and external threats begin to reflect on key company metrics, sweeping changes are needed to reverse the damage. That’s precisely what Jindal Power realized in the midst of severe turbulence that the power industry has been through in the recent past.
The Challenge
The last couple of years have witnessed several disruptions in the external power business environment like policy regulations and penalties, slumping demand and escalating expenses.
The Intervention
A process-based working model named ‘Nipun’ was designed to serve the current business need of eliminating practices which caused mediocre performance, encouraging optimal people utilization, building an agile workforce besides reducing on the time lags and progressing as a resilient organization. 
The Impact
The revamped model of working and learning delivered better operational results, and created a well-knit fabric of processes.

3.

Best in Redefining Technology in Learning: Bajaj Allianz

Presenting the People Matters L&D League Awards Winners - Part 1.
Making learning technology implementations a success is not easy. The rapid advancements in technology are compelling HR and L&D professionals to implement learning technologies in some form or the other, and yet we see that some problems keep cropping up. Most of these problems are avoidable. Often, they crop up because the L&D team is asked to come up with a technique to make learning technologies work, and they have little first-hand experience. Rather than make mistakes as a first timer, we must aim to share best practices and learn from other’s mistakes. This approach is likely to make your next implementation a success. But to achieve that, one must know what success looks like, in the context of learning technology implementations.
This special feature contains People Matters L&D League Annual Conference 2017 Award Winners — organizations with the best learning practices and ground-breaking approaches towards solving learning challenges; and also features People Matters and BITS Pilani research, “Learning & Development Trends Study – 2017” that investigates the changes in the priorities, drivers and the strategic role of the L&D function while examining the top areas of skill gaps that need to be bridged in the next 12-18 months.
The People Matters L&D League Annual Conference gave a platform to organizations with the best practices in learning and development to showcase how L&D is creating an impact to their respective businesses across five categories. The organizations that bagged the top honors were:
·         Best in Re-defining technology in learning: Bajaj Allianz General Insurance Co. Ltd.
·         Best in Culture transformation: Alkem Laboratories
·         Best in L&D reengineering: Jindal Steel & Power Ltd.
·         Best in On-boarding Solution: Concentrix Daksh Services India Pvt. Ltd.
·         Best in Accelerating Leadership Development: Infosys BPO

Best in Redefining Technology in Learning: Bajaj Allianz 
As a large private player in the general insurance industry with an ever increasing Salesforce in the remotest corners of the country, building sales & technical capability brings its own set of unique challenges. Bajaj Allianz General Insurance recognized that improving sales proficiency would be one of the key levers to growth. However, identifying the challenge was the first step to a long and exciting journey, as an innovative and creative solution was needed.
The Challenge
The two core challenges faced by the organization were to have uniform product knowledge across geographies and increasing conversion rates of potential business to actual business in the retail lines by employing effective selling skills. 
The Intervention
To effectively handle such organizational challenges, Bajaj devised a first-of-its-kind gamified Insurance Sales Simulation, “Wolf of Park Street” that combines learning, engagement, social and gaming mechanics.
The Impact
Good sales figures are a combination of multiple variables working in harmony with each other, of which sales capability is an essential one.

HR News: 27 Nov, 2017

1.
Alibaba founder Jack Ma gives business and hiring tips to young entrepreneurs

The firm that utilizes the internet in the best possible way will win in the future years, he said.
Alibaba founder Jack Ma was in an event called Gateway 17 in Detroit, where he talked to young entrepreneurs about Alibaba’s beginning, his hiring mantras, gender equality and struggles of an entrepreneur.
‘Hire, if he can be your boss in five years’ is what seems to be his hiring mantra. Sharing a tip he normally shares with his colleagues, he advised businessmen to hire staff who are smarter than they are.
Talking about gender equality, he said women are going to very powerful in the 21st century. He advised businesses to hire as many women as possible, adding that women are Alibaba’s ‘secret sauce’. Women care about other people much more than men, he said, and over the years, Alibaba has hired more women to maintain gender balance in the workforce. 

2.
Salary hikes and promotions deferred at Cognizant

The scenario is another indicator that the IT industry going through a tough phase.
The slow growth in the IT industry and the disruption in technology has recently led many IT companies like Wipro, TCS and Infosys to cut jobs and hire local employees. Now, deferment of salary hikes and promotions is another issue plaguing the employees.
Cognizant has revealed that its salary revision and promotions will be effective only from October 1. According to the company, the new salaries of the employees up to the level of vice president will be effective from October.
Earlier, the company used to have this performance appraisal exercise over by the end of July. The delay clearly indicates that the IT industry is going through a tough phase due to slow growth and disruption in technology. The deferment has triggered a fear of job cut among the 2,61,200 employees of the company across the world.

3.
41 of 197 allowances abolished for Central government employees

The CoA had undertaken extensive stakeholder consultations such as Joint Consultative Machinery (Staff side) and representatives from various staff associations before finalising its recommendations.
The 7th Central Pay Commission (CPC) had recommended 53 of 197 allowances for central government employees to be abolished and 37 allowances be subsumed in an existing or a newly proposed allowance.
The Government had set up a Committee on Allowances (CoA), which recommended retaining 12 of 53 allowances and the cabinet has approved the same.
Besides, 3 of the 37 allowances recommended to be subsumed by the 7th CPC will also continue as separate identities due to the unique nature of these allowances. The rates of these allowances have also been enhanced as per the formula adopted by the 7th CPC. This will benefit over one lakh employees belonging to specific categories in Railways, Posts, Defence and Scientific Departments such as Space and Atomic Energy.
The CoA had undertaken extensive stakeholder consultations such as Joint Consultative Machinery (Staff side) and representatives from various staff associations before finalising its recommendations.

HR Movements: 27 Nov, 2017

1.
Servion Group appoints David Raj as CHRO

The Group is expanding its business globally, for which it is beefing up its leadership team. 
Servion Group, a specialist in customer experience management, has appointed David Raj as its CHRO. Based out of Chennai, and as part of the executive officer group, he will be responsible for global HR for both the Group companies – Servion and Acqueon.
Raj moves in from CSS Corp where he was SVP and CHRO. He comes with over 26 years of diverse experience which includes manufacturing, IT and finance. In the past he has worked with companies such as Murugappa group, Rane & Polaris, Virtusa.
His experience spans across all geographies and functions including start-ups, change management, acquisition & merger initiatives, IPO process, setting up near shore centers as well as managing talent across Europe, US and Asia.
Raj has a Masters degree in Social Work from Loyola College, Chennai.
Meanwhile, the Servion Group is on a expansion mode and is beefing up its leadership team at the same time. On a hiring spree, Servion has hired more than 200 people in the past four months.

2.
Armaan Seth to lead Philips India as head of human resources

Seth has been serving the Company since 2011 in various capacities in the HR function.
Philips India has appointed Armaan Seth as its head of human resources. He will now lead the India operation with a focus on fostering inspirational leadership at all levels in the Company, and providing employees continued opportunities for growth across functions and geographies. He will also work towards making the Philips culture more inclusive and diverse.
Seth has been with Philips for about six years now and has served the company in various positions across India and the Netherlands.
He joined Philips in March 2011, as country HR lead-consumer durables business, working out of the Gurgaon office. In this position, he was the HR business partner for the consumer durables business for the Indian subcontinent. He also managed the organisation and people aspects of the disentanglement of the lifestyle entertainment business, and was part of the diversity and inclusion board of the Company.

3.
Grab appoints Vikas Agarwal as CTO

This appointment will enable the Grab's e-wallet platform - GrabPay to scale faster across the South East Asia in 2018
Grab, one of the leading on-demand transportation and mobile payments platforms in Southeast Asia has appointed Vikas Agrawal as Chief Technology Officer (CTO) for GrabPay, its mobile payments platform. 
Vikas joins Grab from PayTM, India’s largest mobile payments and commerce platform, where he was the Senior Vice President of Engineering. This appointment will accelerate GrabPay’s growth as it expands across Southeast Asia with the goal of becoming the region’s #1 payments platform.
Based in Bangalore, Vikas brings on board two decades of experience in senior engineering positions at India’s premier startups in the payments, financial services, and e-commerce space. Adding Vikas’ deep payments expertise underlines Grab’s ambitions of building a world-class engineering team across its three payments R&D centres in Bangalore, Jakarta, and Singapore.
“I’ve seen in India how going cashless can open up the digital economy to millions of merchants and help them access new customers while making the cost of living more affordable for consumers. It’s a privilege to now join the GrabPay leadership team and have a unique opportunity to profoundly change the lives of Southeast Asia’s more than 600 million people through financial inclusion,” Vikas Agrawal added.