Senior client partner, Korn Ferry Hay Group

I was trying hard to avoid the temptation to jump onto the bandwagon and write this almost de-rigueur blogpost. And then I a chance conversation on the subject triggered a few thoughts, so I decided to share my perspective. First and foremost, I think HR should ask themselves if they have met all that they decided for 2014. As HR professionals we tend to get enamoured by the next big thing and move on too quickly before we fully implement what we started.n 2015 is going to continue to be VUCA , which will mean high volatility for us. Business decisions will not always be clear or forthcoming and HR partners will have to be flexible and agile in their ability to respond rapidly to requests or quickly put things on a back-burner. All this without being overwhelmed by emotions. It will call for a very pragmatic but emergent mindset and attitude. Volatility is the new reality and if you are going to be unsettled by volatility then you are going to be unsettled everyday.n  Hiring and retent

HR priorities for 2015

Business Standard

As leaders consider personal change, they must realise that it is equally their task to enable their followers to make the complementary changes that are required

Don't miss the followers

A sales head and a manufacturing head who can build inter-personal trust can overcome this dilemma and forge a formidable partnership

Trust at the workplace

The HR function is at an inflection point and I believe that in the next five years we will see significant transformation of the function. There are some key trends that will influence this transformation.For the first time in history, talent scarcity is a global phenomenon across the developed and emerging markets. The VUCA world makes for a demanding environment for leadership and decision making. Organisational survival has never depended so much on dynamism and rapid reaction times, all demanding human intervention and decision making. Social media and the talent scarcity is enabling global mobility of talent. At the same time, the reconceptualisation of HR function has created a need for new skills.  Here's how I believe HR will evolve to respond to these challenges:Redefining talent From the manager (or one level below) upwards, every employee becomes valuable. The percentage of employees an organisation would need to ring-fence and ensure succession for, will increase. Even mor

The new role of HR

Search the web and you will find countless judgments and diatribes about the inefficacy of HR. For a while I was part of this group of people who denounced HR. But the more I engage with my colleagues and partners who have the difficult job of managing this function, the more I realise that the blame cannot be laid at their feet, nor can they be held solely responsible for the present state of HR.Let's park our judgements and take an objective look at the HR function and some of the challenges they face.The first challenge they face is clarity of expectations. Few leaders or leadership teams are able to clearly articulate what they expect from HR. Everything that doesn't belong elsewhere can tend to get dumped on them. More often than not, issues relating to people (which leaders and managers should handle) are pushed on to HR. In the less developed organisations, administration is clubbed under the HR function. Many times facilities too. This dilutes and diverts the focus of the funct

HR needs support, not judgement

Devika worked hard every year. Received a 'meets expectation' rating twice and an 'exceeds expectation' once. She also won an award twice for demonstrating efficiency. But there's something missing. She looks around and realises that there are some who are valued more than her. She sees them get the pick of jobs, assignments and other developmental inputs. She sees them being mentored, coached and sponsored.She wonders why it's not her. She wonders if someone will talk to her and she wishes someone would explain to her exactly what it would take for her to be a member of "that Club". But no one does. She decides to strive harder, puts her head down against the wind and moves forward with a stronger resolve, committed to making it the next year. And when she doesn't she is none the wiser.Organisations have woken up to the importance of talent. Companies big or small, old or new are putting processes in place to identify, engage and develop talented employees. However, the definition of

The curse of the high performer

Having sales contracts in place for the LNG plant aided Venture Global's financing efforts for the new facility

Pipes, LNG pipes, natural gas

IND vs AUS 3rd Test Playing 11 prediction: India is expected to make two changes in their bowling line-up, with all the eyes on captain Rohit Sharma's batting position

India vs Australia 3rd Test Playing 11

Latest news updates: Catch all the latest news updates from around the world here

School,Delhi Schools

The state government has taken steps to make the mining sector transparent and robust using modern technology

Ahead of the first offshore mineral auctions, the central government has introduced royalty rates for construction sand, polymetallic nodules, and overburden or waste—key minerals to be extracted through offshore mining. The royalty rate for dolomite

According to Dindigul District Collector MN Poongodi, the patients have been rescued and admitted to other hospitals

Fire, Hospital fire

At just 18 years old, Gukesh's triumph marks a historic milestone in chess, making him the youngest player to ever claim the World Chess Championship title.

D Gukesh, Gukesh

The new system will introduce dedicated PF withdrawal cards, functioning like regular bank ATM cards

ATM, Money, Transaction

HDFC Bank said that it will take necessary steps to address the concerns and directives mentioned in the letter

HDFC Bank

The 10-year agreement amounts to 0.5 per cent of global supply and is worth roughly $13 billion a year at today's prices

Reliance

Stocks to watch, Dec 13: From RIL to HDFC Bank, here is a list of stocks that will be in focus today

market, stocks, stock market trading, stock market

The new version of the tool will be able to churn out videos up to 20 seconds in length and offer multiple variations of those clips

OpenAI

Such posts by a Luigi Mangione, the name New York police have announced as the 26-year-old suspect in last week's killing of a health insurance executive in New York

UnitedHealthcare

The Biden administration has approved plans for a sale of oil and gas leases in Alaska that leaves open the door for drilling in a portion of the pristine Arctic National Wildlife Refuge.
The sale will be held on January 9, less than two weeks before President Joe Biden leaves office. It will include a fraction of the land total that was available for bidding roughly four years ago in a sale held during the Trump administration.
President-elect Donald Trump pledged during his latest run for the White House to expand oil drilling in the US, and he's pointed to the passage of a 2017 law that enabled Monday's announcement as a highlight when it comes to Alaska policy.
The 2017 law mandated two lease sales by late 2024, but major oil companies sat out the first sale. The Biden administration reviewed the leasing programme, and seven leases from the first sale ultimately were cancelled.
Does this mean there will be drilling in the refuge?
It's unclear. A lease sale is one step in a lon

Joe Biden, Biden

Cues from F&O market for December 10: Foreign investors are seen building long positions in Nifty futures thus far this month, with open interest rising by 27% in the last six days.

Stock Market, Market, Crash, Funds, up, Stock, Gain, Lost, decline, statistic, Crisis, Capital, BSE, NSE

Authorities will also step up "unconventional" counter-cyclical adjustments, focusing on expanding domestic demand and boosting consumption

China stocks, Stock market

Highlighting the historical presence of Hindus in Bangladesh, stating, "We are vanished from Afghanistan. We are vanished from Pakistan. This is the high time. If we are not saved now, we will be

Protest, Delhi Protest, Bangladesh Protest, Hindu Protest

Despite the growth slowdown, a rate cut-cycle is unlikely to start anytime soon

Policy

The Massachusetts Institute of Technology alleges that the essay, titled 'On Pacifism', could be interpreted as encouraging violent protests on campus

MIT University

In the absence of meaningful private investment and job creation, India is slipping back into its pre-Covid-19 rut, and its economic czars are once again publicly refusing to acknowledge the slowdown

Gold

Sitharaman said that intergenerational debt is mounting on countries, and it is important for the government and industry to work together to manage debt at the national and sub-national levels