HR Learning: 23 Feb, 2024

1.

Building a dynamic global HR framework

In today's corporate landscape, a dynamic global HR framework is imperative. Addressing challenges such as diverse labor laws and emphasizing universal principles for fairness and inclusivity is essential. In the contemporary corporate landscape, businesses are expanding across borders, necessitating the need for a robust and adaptable global HR framework. This serves as the linchpin for ensuring consistent and equitable human resource management across diverse cultural, legal, and organisational contexts. The journey of crafting and implementing such a framework is not only transformative but also indispensable for leading global organisations. Here is a gist of the intricacies of this essential journey.

2.

STEMming change: Crafting diversity excellence in manufacturing

Within the dynamic landscape of the manufacturing industry, it's crucial to underscore the importance of diversity and inclusion, with a specific focus on empowering women. Initiatives such as STEM education, upskilling programs, and policy reforms, along with the promotion of Industry 4.0 technologies, are imperative for the industry's continued evolution. The manufacturing industry is seeing a profound change in many ways- several innovations, technologies, and policies are constantly being set in place, creating a myriad of opportunities for all. This changing landscape has allowed business leaders to inspect their operations and advance one step ahead by incorporating new-age technologies like cloud computing, robotics, automated manufacturing, IoT, and more. 

Additionally, manufacturers are looking for expert operators, engineers, data analysts, project managers, and specialists to cultivate a skilful workplace for the future, as leaders understand talent to be the key differentiator when hiring within India’s surplus candidate pool.  

 

Skilful workforce: Hiring and retaining in manufacturing

Amidst technological advancements, retaining blue-collar talent in the manufacturing industry is imperative. As technology advances and experienced workers retire, the manufacturing skill gap widens. Companies excelling in attracting, developing, and retaining skilled workers gain a competitive edge in an efficiency-driven marketplace. To counter the shortage, collaboration among stakeholders is crucial, involving governments, educational institutions, industries, and individuals. This joint effort aligns with manufacturing companies' strategic recruitment, onboarding, and training, fostering a symbiotic relationship between meeting customer demands, business growth, and workforce development.