Birla Institute of Management Technology (BIMTECH) organized its seventeenth HR Round Table on 7 August, 2015 at WelcomHotel Sheraton, New Delhi, in association with National HRD Network, Deloitte and Bloomberg TV. BIMTECH has been organizing such Round Tables since 2011 and this HR Round Table in Delhi is the first Round Table the Financial Year 2015-16.
The Theme of the Round Table was “Leading the New Way for HR” with the sub-theme “Culture & Engagement”.
The Theme of this HR Roundtable is aptly chosen when the world of 21st Century demands bold and innovative thinking in Human Resources(HR) in organizations. It challenges our existing people practices: how we evaluate and manage people and how we engage and develop teams; how we select leaders and how they operate. HR organizations now face increasing demands to measure and monitor the larger organizational culture, simplify the work environment, and redesign work to help people adapt. For HR and talent teams, 2015 will be a critical year. As these forces gather momentum, we see 2015 as a time for creativity, bold leadership, and a fundamental reimagining of the practices HR leaders have been using for years.
Today’s organizations operate in the volatile, uncertain, complex and ambiguous (VUCA) environment. In the era of social media, every corporate decision is immediately publicly exposed and debated. Once-private issues are now posted online for every employee and every potential employee to read. An organization’s culture—which can be loosely defined as “the way things work around here” is increasingly visible for the world to see. Given the harsh spotlight of this new transparency, an organization’s culture can become a key competitive advantage or its Achilles’ heel. Culture and engagement are now business issues, not just topics for HR to debate. And there’s no place for organizations to hide.
The HR Round Table was held from 6 PM to 8.30 PM on 7th September 2015. The programme commenced with Welcome Address by Dr. H. Chaturvedi, Director BIMTECH, Greater Noida, setting the tone for the discussion. “We must create an environment where employees can choose to be engaged”, he said. Dr. Vishalli Dongrie, Senior Director, Human Capital Consulting, Deloitte, presented the findings of Deloitte’s Global Human Capital Trends Survey, conducted in 2015. As per this study, top three Global Human Capital trends emerged are:
- Culture & Engagement
- Learning & Development
Based on Importance and urgency Leadership comes on top among other top three trends in case of India. We cannot define leadership only at the first two or three levels. It has to start from the entry level of the organization because one research shows that India is the youngest in the world followed by Brazil. India is taking up position in the leadership pipeline much faster than the countries like China or Brazil. So the complexity of the role has increased and therefore the Culture & Engagement and Leadership become much more important for India than many other countries in the world. In India organizations are investing a little more than what the organizations in other parts of the globe are investing. So our investment has gone higher as compared to the global investments in HR. If we compare the Human Capital trends of Global, Asia and India we find India’s trends are very similar to Global trends and not so very similar to the trends of Asia.
The top challenges corporate are facing can be categorized as long term and short term. The long term challenges include Leadership, Learning & Development, HR & People Policy, and Culture & Engagement, whereas Performance Management System comes in short term category.
There was a panel discussion session on the sub-theme-“Culture and Engagement” for over an hour. Dr. Vishalli Dongrie also moderated the Panel discussion very deftly, weaving the panelists through a maze of questions.
The panel consisted of Ms. Anuranjita Kumar, Chief Human Resources Officer, Citi South Asia, Mr. Biswajit Roy, Director (HR & Business Development), Oil India Ltd., Dr. J. K. Mitra, Professor (OB & Strategic Management), Faculty of Management Studies, University of Delhi, Mr. Umesh Dhal, Director – HR & MS, LG Electronics India and Mr. V Krishnan, Executive Director-HR, Dabur India Ltd. who shared their thoughts and interesting experiences from their own companies. Some of the important thoughts and observations of the panelists can be quoted here.
Ms. Anuranjita Kumar said “Culture is a set of practices or behavioral forces which we get used to and it becomes an overarching culture”.
On the question of whether Culture feeds to the balance sheet of an organization, Mr. Biswajit Roy said “Culture does make impacts in terms of financials of an organization; though there could be other factors as well”.
Dr. J K Mitra said “Engagement is a part of the culturing element of an organization”.
Mr. Umesh Dhal said “When the culture actually starts in the organization you start seeing the things moving in the right direction and you get the right results”.
Mr. V Krishnan said “Cultural context is very deeply ingrained in the DNA of the organization”.
During the Question & Answer session, participants posed many interesting questions making the discussion lively and enlightening.
The Round Table was attended by 160 senior executives from the PSUs, Private Companies, Govt officials, Bankers, Academicians and people from media houses. BIMTECH was proud to have 25 of its senior alumni who came to attend this Round Table.
Some of the notable guests who attended the Round Table are:
- Mr. Deepak Bharara, CHRO, LANCO
- Mr. A D Burman, General Manager – HR, Maruti Suzuki
- Mr. S P Singh, General Manager-HR, NTPC
- Ms. Anju Sabharwal, Associate VP- HR, Vodafone
- Mr. Rakesh Seth, Sr. VP – Corporate HR , Lloyd Electric & Engineering
- Mr. Ashok Sharma, Associate VP – HR, Moser Baer
- Mr. Vishal Kumar, General Manager, Tech Mahindra
- Mr. Simin Askari, VP – HR, Dharampal Satyapal
- Mr. Varinder Kumar Verma, VP – HR & Admin, Suzuki Motorcycle India
- Mr. Kumud Ranjan, Associate Director-Brands, Snapdeal
- Mr. Aman Attree, Group Head – Corporate HR, Hindustan Power Projects
- Mr. Sandeep Talwar, Director Finance & HR, Emerson Process Management
- Mr. Sanjay Mishra, Director – HR, Alstom Bharat Forge Power
- Ms. Sonali Dutta, Vice President-Corporate Affairs, Bry-Air (ASIA)
Bloomberg TV screened half an hour episode of the above program on their channel on the following dates:
- Original Telecast: Saturday, 29 August, 2015 at 2.30 PM
- Repeat Telecast : Sunday, 30 August, 2015 at 2.00 PM
This programme has created, over the years, its own brand by its quality, relevance and magnitude of deliberations of HR issues. Therefore, two more HR Round tables have been planned to be held in Mumbai on 16 October and in Bengaluru in January 2016.