1. How SAAS Is redefining the startup landscape: Opportunities for young talent
Software as a Service (SaaS) has quickly become one of the most dominant technology trends of our time. Over the last decade or so, many of the world's greatest software enterprises have successfully repositioned themselves as cloud-based companies, while many others are slowly but surely embracing the transition.
Further, with the pandemic-induced acceleration towards digital, the SaaS industry is now expected to grow at an even faster rate than experts had anticipated. Projected to now reach $1 trillion in value by 2030, with a potential to create over 5 lakh jobs, Indian SaaS is a hard-to-ignore-growth market that is opening up a pool of opportunities for fresh talent.
2. Role of Human Resource Management (HRM) in Leadership Development
The leadership development programs in these companies follow the philosophy of grounding them in value, the expected contributions from the leaders are defined, and the organizational culture geared towards inspiring leaders. Next, the performance management system in these companies is tied to the company’s business strategy and it includes talent development activities and leadership objectives that are articulated clearly and succinctly. In many of these companies, it is common to find lists of potential leaders known as high potentials who are earmarked for fast track career progression based on the organizational assessment of the skills and capabilities of these leaders.
3. Why M&As Fail? How Can HR Help?
When people make a large purchase, like a house or a car, they try to do everything they can to be sure that it’s the right fit for them. Numbers are hammered out for months, endless paperwork is put in order, presentations are delivered and meetings are held. Fortunately, strong HR initiatives during the M&A process can help avoid unnecessary friction, confusion and lack of unity. Here are some common M&A roadblocks and the HR best practices to overcome them.
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