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Thursday, 1 February 2024

HR Learning: 2 Feb, 2024

1.

How BFSI sector can leverage technology for a successful 2024

With soft skills becoming increasingly important, there is a renewed focus on championing communication skills among the BFSI workforce. In this endeavour, technology is fast emerging as a critical facilitator. As the Banking, Financial Services, and Insurance (BFSI) sector gears up for the challenges and opportunities of 2024, a significant shift in workforce management strategies is in the spotlight. With the sector anticipating a considerable surge in recruitment, aiming for a notable 26% increase in workforce compared to the previous year, as highlighted in a report on India’s Best Workplaces in BFSI, future-focused leaders in this sector are now turning to knowledge solutions to help usher in a transformative change within the industry. With research highlighting how soft skills are becoming increasingly important, there is a renewed focus on championing communication skills among the workforce. In this endeavour, technology is fast emerging as a critical facilitator, propelling organisations toward disruption-proof growth.

 

2.

Will skill all employees to do Gen AI projects: Happiest Minds

In the December quarter, Happiest Minds bagged six projects in the generative AI space after having discussions with 30 prospective clients, Anantharaju said. Bengaluru: Happiest Minds says it wants to ensure all its employees can be deployed in the generative AI business unit in the next one year. This unit was set up in October 2023 and the CTO of the company, Sridhar Mantha, was made its CEO. Executive vice-chairman Joseph Anantharaju told TOI that 100 employees have been moved to this business unit. The IT firm, founded by Ashok Soota, has a little over 5,000 employees. In the December quarter, Happiest Minds bagged six projects in the generative AI space after having discussions with 30 prospective clients. “Generative AI is an engine of growth for us. Clients are currently looking at mostly a consulting and collaborative role as to what they can do with generative AI. They themselves are not clear what should be done and what can be done,” he said. The company, like its peers, reported muted numbers for the third quarter of FY24 and is looking to better its margins by improving employee utilisation. 200 freshers were onboarded in September and became billable in December, the firm said. 100 more freshers are undergoing training.

3.

BPO, IT employees get accent training for better interaction with global clients

“The goal of voice and accent training is to neutralise one’s inherent accent and make their speech understandable to a global audience,” said a voice coach on condition of anonymity. Pune: Voice and accent coaching has gained popularity over the past few years.  Several people working in customer service or sales and dealing with international clients prefer to have a neutral accent to interact with them effortlessly. “The goal of voice and accent training is to neutralise one’s inherent accent and make their speech understandable to a global audience,” said a voice accent coach on condition of anonymity. These courses focus on key areas like pronunciations, phonetics and intonations and are primarily for employees working in BPO, global manufacturing and IT sectors.

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