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Friday 5 May 2023

HR Learning: 5 May, 2023

1.

Deliveroo’s student-internship programme to offer exposure to engineering talent

The interns will be given an opportunity to work at the food-tech firm’s development centre in Hyderabad. Students, fresh out of engineering colleges, will now have an opportunity to intern with Deliveroo, the global food-delivery company. The UK-headquartered company’s first ever paid internship programme for fresh graduates in India will be spread over six months, during which the students will be allowed to work at Deliveroo’s India Development Centre (IDC), in Hyderabad. Through this six-month internship programme, the interns will undergo a specialised learning plan with identified goals and collaboration opportunities. Through this six-month internship programme, the interns will undergo a specialised learning plan with identified goals and collaboration opportunities. 

2.

ChatGPT is dominating different fields – except this profession

Sorry, ChatGPT, looks like you'll have to stick to crunching data instead of numbers for now. But hey, at least you're still making us laugh! Move over, humans! GPT-4, the latest AI sensation from OpenAI, has been making waves with its impressive achievements, from acing the bar exam to nailing 13 out of 15 AP exams.

But when it comes to accounting, it seems like ChatGPT – the original version, at least – still needs some number-crunching practice. In a recent study by researchers at Brigham Young University and 186 other universities, ChatGPT went head-to-head against human accounting students. The ending? Humans took home the trophy.

As ChatGPT continues to skyrocket as the fastest growing tech platform ever, reaching a whopping 100 million users in no time, the debate about its role in education has been heating up.

To shed some light on its potential, lead study author and accounting professor, David Wood, enlisted 327 co-authors from 186 educational institutions in 14 countries. They threw a mind-boggling 25,181 accounting exam questions at ChatGPT, and  recruited Wood's own daughter, Jessica, and some undergrads from BYU to toss another 2,268 textbook test bank questions at the AI bot.  The results were intriguing, but not quite a slam dunk for ChatGPT. While it put up a valiant effort with an overall average score of 47.4%, the human students showed who's boss with an overall average of 76.7%. Ouch, tough luck, ChatGPT!

The AI model did have some shining moments though, acing questions on accounting information systems (AIS) and auditing, and even outperforming the students on 11.3% of the questions. But when it came to tax, financial, and managerial assessments, ChatGPT stumbled a bit, possibly because math isn't its forté.   

3.

Strength-based Approach to Talent Development: What, Why and How

The roadmap to building a high-performance organisation may be to focus on a strengths-based work paradigm. Are you someone who writes down a list of things and always sticks to them? Do you tend to be sceptical until given some proof? Do you always stick to your lane while driving, or do you tend to pick someone to race against? 

These were some of the questions that opened the webinar session on a strengths-based approach to talent development moderated by Puneet Pratap Singh, Regional Director-Research & Analytics, APAC, Gallup. The webinar featured HR industry leaders, including John K. John, Vice President - Learning and Development, Reliance Industries LimitedKrishnan Unni, Chief People Officer, Mega Lifesciences; and Manavi Pathak, Head - Learning and Organizational, Samsung R&D Institute India, as panellists.

Puneet set the context for the discussion on strengths by explaining that "Talent is like a fertile piece of land, a naturally recurring pattern of thought, feelings, or behaviours that can be productively applied. And strengths are the crops that grow from it, representing one’s ability to deliver near-perfect performance in a specific task consistently." 

Video Resource: https://www.youtube.com/live/-F7uQvZo8XE?feature=share

HR Movement: 5 May, 2023

1.

Raj Kumar Dubey is the new director (HR), Bharat Petroleum

Dubey comes with about 34 years of experienceBharat Petroleum Corporation Limited (BPCL) has announced the appointment of Raj Kumar Dubey as director (human resources). An alumnus of NIT Allahabad, Dubey is backed by over three decades of industry experience in, business and human capital development. Dubey, who joined IOCL in 2001 as senior manager (HRD), had been leading training and development till recently as chief manager (T&D). He also holds a degree in mechanical engineering and a master’s degree in business administration from the International Centre for Promotion of Enterprises, Ljubljana, Slovenia.

2.

Mohapatra’s extension denied, Choudhury to be director – HR, Indian Oil

Ranjan Mohapatra’s tenure had come to an end in February 2023, but he was to continue in the post till further orders from the Government. Earlier, in February 2023, Indian Oil Corporation (IOC) had stated in a regulatory filing that Ranjan Kumar Mohapatra would continue as director (HR) until further orders were received from the Government. His five-year tenure as director had ended in February, but he was to continue till “further advice or communication from the Ministry of Petroleum and Natural Gas (MoP&NG)”. However, the Government has now denied the eight-month extension to Mohapatra. Instead, Sujoy Choudhury, director (planning & business development), Indian Oil, will take on additional charge of director – HR.

 

3.

Manish Patil joins as ONGC Director (Human Resource)

Prior to joining ONGC, Patil has worked with IndianOil, a downstream Maharatna and Fortune 500 energy company. Energy Maharatna Oil and Natural Gas Corporation  (ONGC) has named Manish Patil as its new director of HR. Patil is a seasoned HR professional with a career spanning over three decades in energy. He has held many key positions in various functions like  operations and supplies, information systems, and management services related to human resources.

HR News: 5 May, 2023

1.

Retired JK Cement employees demand pending due

The meeting highlighted that many retirees are on the brink of starvation due to a lack of income. J&K Cements Retired Employees Welfare Association (JKCREWA) expressed serious concern regarding the authorities’ postponement in fulfilling their rightful retirement benefits request. The employees demanded that the pending retirement benefits be released as soon as possible, as retired employees are struggling to cover their daily expenses such as the cost of medication to avoid health issues associated with ageing. According to the meeting held on May 4, 2023, the actions taken by the government to postpone the payment of retirement benefits have caused significant suffering for retired JK Cements employees. As a result, they have been seeking justice and assistance from various sources.

 

2.

IMG Motor India launches 4th edition of its ‘Drive Her Back’ initiative

The aim of this programme is to empower women by  offering them equal and inclusive professional opportunities across various verticals of the company. MG Motor India, the British automobile brand with almost a century-old legacy, has recently launched the 4th edition of its ‘Drive Her Back’ initiative. The primary goal of this programme is to empower women to re-enter the workforce after taking a break from their careersBy offering equal and inclusive professional opportunities across various verticals of the company, this first-of-its-kind initiative provides a dignified platform for women from diverse backgrounds and communities to resume their careers.

 

3.

BALCO enhances workplace safety with AI-based monitoring technology

The T-Pulse HSSE monitoring system detects risks in personal protective equipment, job safety, work at heights, confined spaces, dropped objects, lifting, traffic interference, and vehicle safety. It promotes sustainable behaviour change and provides full coverage, including hard-to-reach areas, with real-time detection of exceptional conditions. Bharat Aluminium Company Limited (BALCO), a subsidiary of Vedanta Aluminium and a prominent aluminium producer in India, has recently implemented an innovative safety solution called T-Pulse health, safety, security and environment (HSSE) monitoring system, which incorporates state-of-the-art artificial intelligence (AI) technology to ensure a safer workplace. BALCO has always been committed to adopting the best-in-class safety solutions to improve performance and to create a safe working environment.