SlideShare una empresa de Scribd logo
1 de 8
Descargar para leer sin conexión
BUSINESS MANAGER MARCH 20181
IN THIS ISSUE
COVER FEATURE
22-41
07
HR Analytics : the next
frontier for workplace
transformation
The recent boom of developing HR analytics
capabilities in organisations is
indicating that it is the next big
thing to transform the
workplace and workforce. In
this article, the author has
explored the scope of HR
analytics, framework of HR
analytics, how to implement
the same in organisation, barriers to
implementation, current practices, benefits
of HR analytics and the way forward.
An article by Dr. Debendra P. Kar
16 INTERVIEW
Technology
can aid
business but
it cannot
replace human
touch
KANKANA BAURA
Chief People Officer,
Tally Solutions Pvt.
Ltd.,Bangalore
There has been a massive transition in HR in
the last few decades, moving from mere paper
pushers to becoming strategic partners.
Technology, analytics and robotics are fast
gaining importance and certainly they have
made processes easier and less people
dependent. However, no technology can take
over the emotions associated with people.
11 2018 - Multilennials-1
Millennials and mature
workforce form multilennials
The concept of lifetime employment is
slowly changing to that of a hire-and-fire
culture. However, an applicant expects that if
he or she joins any organization with certain
skills, he or she would like to leave with
additional skills (more than what he/she
came with). Thus, employees are constantly
looking to join organizations that will
enhance their employability as they manage
their careers.
An article by Dr. Ganesh Shermon
IN EVERY ISSUE
Response
From the Editor’s Desk Guest Column by Dr. Vinayshil Gautam
03
04
05
06
Quick Comment
PNB Scam: human side
overpowers technology?
By Anil Kaushik
The future is here:
AAII ttrraannssffoorrmmiinngg hhuummaann
rreessoouurrccee mmaannaaggeemmeenntt
BM Editorial Team
AI :The Game Changer for Future HR
By Indraneil Roy
The Romance of HR & AI
By Purvi Sheth
Using AI to deliver value in HR
By Ruma Batheja
Forcing us to be really human!
By Prasad Kurian
AI and Recruption in talent management
By Kiran Bhatia Tandon
Making HR functions smarter
By Akanksha Tripathi
AI : Need to moniter long term
impact on HR
By Payal Sondhi
AI to create jobs of tomorrow
By Ishan Gupta
AI :Why and where is the need?
By Zaheer Adenwala
Abuse of powers by EPFO on rise
PF Authorities cannot make
recovery during appeal period
Power tends to corrupt and absolute power
corrupts absolutely', said thinker John Acton.
This appears
to aptly
apply for the
EPF officials.
They remain
so inebriated
with
delusionary
power that they
forget even the
basic norms of the
law. They often think
that they are above
law. This is mainly
because the
Government of the day
does not crack it whips
to bring them under
control. They are
usually allowed to go
scot-free for their overreach resulting in the
erosion of faith in the system by the people.
It is also because of these power drunk
officials that the government draws flak
from the Courts and money of the taxpayers
is unnecessarily spent on avoidable
litigations. An article by H. L. Kumar
BUSINESS MANAGER MARCH 20182
IN THIS ISSUE
LABOUR LAW
43
20 Charismatic Leadership
To have a charismastic leadership, one has
to have certain set of qualities like maturity,
humility, integrity, respect for all with good
listening skills etc. The author outlines such
set of qualities and others in the article. Look
for it, if you have some of them?
An article by Vibha Singh
42 HR Head as CEO
HR is in a better position to become a CEO
because CEO's in these challenging times
can-not be just number crunchers and
control compliance type. They are to be
inclusive, develop chemistry with the work
force, work in teams, energise people
passionately, and align the people's vision
with the organisational goals.
An article by R.N. Misra
55
LINE
61GOVERNEMENT
NOTIFICATIONS
57CASE STUDY
Arm twisting by union
- BM Editorial Team
58
60
CASE ANALYSIS
Trade union leadership behavior
By Anil Malik
Internal interruption by intimate
By Pramod Kumar Tripathi
61 BOOK LEARNING
63-64 HR NEWS
Minimum assured benefit in
EDLI is 2.5 lakh
Proposed Revision in Rajasthan
Minimum Wages
Revised Minimum Wages - Maharashtra
Introduction to Business Ethics
Authors : Vivek Viswan V. & M.M. Sulphey
Every Manager Should Know HR
Author : Rakesh Seth
AI will create more jobs than it eliminates
by 2020: gartner
HR Heads become rolling ball: 30 changed jobs
in past six months
13k to lose jobs for long unauhorised
absence in railways
from the COURT ROOM
Recent Important Labour Judgments
45-54
Owned, Published and Printed by Anil Kaushik at Sun Prints, Ganpati Tower, Nangli Circle, Alwar - 301001 and
Published From B-138, Ambedkar Nagar, Alwar - 301001 ( Raj.) India. Editor : Anil Kaushik
The views expressed in the articles published in Business Manager are those of the authors only and not necessarily
of the Publisher/Editor.
While every effort is made to have no mistake in the magazine, errors do occur. Publishers do not own any
responsibility for the losses or damages caused to any one due to such ommissions or errors.
This issue of Business Manager contains 68 pages including cover
MARCH 2018
Insightful
In special feature, Rajesh Tripathi views are
insightful. He has cautioned HR people in
right perspective. If HR managers will not
adopt new knowledge and skills as required
by future workplace, it will be difficult for
them to sustain. Reluctance in adopting
new technological features will go to their
disadvantage.
Similarly Ajay Bhardwaj has also indicated
in right direction that HR has to come out of
their self made shells and look and move
beyond and embrace the reality of the
workplace, which is changing very fast. HR
cannot afford to stick to routine
administrative matters and to be fast in
redefining job roles to maximise
productivity.
Summit Gupta
Knowledgable
The article of HL Kumar on fixed term
appointment is very knowledgable and
removes much confusion.
Lata Mehra
Credible
Much awaited annual feature of
important labour judgments has no
comparision in terms of usefulness and
reliability. It shows the hard labour and
efforts put in by your team in compiling
these hundreds of judgments.
Gaurav Sinha
Today’s millennials are #digital
natives who have certain
expectations about working in a
modern world. Embrace #technology
tools to attract and retain today’s
talent or be left out.
Rupak agarwal on Vishal Nagda article in January
Issue.
I have been following your magazine
regularly. Case study & analysis is
very interesting. February story
speaks of the manufacturing
organisation’s reality where
operations are always given priority
over discipline.
Vikram
Enriching
Special feature of February issue on changing
work world is very enriching. The experts of
the corporate world have very candidly
explained and pointed out the challenges
and opportunities of the chaning work world
which cannot be ignored by the HR
managers. Makrand has very rightly pointed
out that inspite of HR undergoing enormous
alteranation in its roles and functions, we
should not forget to connect people and
integrate them with the business
requirements. The important challenge will
be to ensure that employees stay with the
organisations and continue investing in them
in terms of learning and growth.
Vipul Sharma
Sensible
The prediction of Chandan Chattaraj about
the changing work world that basis of HR in
respect of engagement, reward and
recognition and retaining the talent is not
going to change inspite of advance
technological disruptions, appears to be
sensible and correct becasue when it comes
to managing people, one should always
strive to maintain live relationship.
Meenakshi
Annual Subscription 1000/- through DD (by ordinary Book-Post) (by Courier 1300/-) favouring Business Manager
(Please add 90/- to outstation Cheques) may be sent to: B-138, Ambedkar Nagar, Alwar - 301001 (Raj.) India
Mob.: 09785585134, 08302173422
www.businessmanager.in E-mail : subscription@businessmanager.in, bmalwar@gmail.com
Published on 1st of Every Month
CHIEF EDITOR
ANIL KAUSHIK
ASSOCIATE EDITOR
ANJANA ANIL
EXECUTIVE EDITOR
JAYSHREE DUTT
DESIGN & DIGITAL
SATENDER TEJ ARUN
SUBSCRIPTION
GIREESH KUMAR DIXIT
HON'Y EDITORIAL BOARD
Dr.T.V.Rao
Dr.Vinayshil Gautam
H.L.Kumar
Dr.Rajen Mehrotra
FEBRUARY 2018 ISSUE
Visit us on:
BUSINESS MANAGER
VALUES YOUR FEEDBACK. WRITE
TO US WITH YOUR SUGGESTIONS
AND IDEAS AT
info@businessmanager.in
https://www.facebook.com/businessmanagerhrmagazine
RESPONSE
BUSINESS MANAGER MARCH 20183
BUSINESS MANAGER MARCH 20184
From the EDITOR’S DESK
Artificial Intelligence in HR is the buzzword making rounds in business world more
rapidly than ever before. The reason is the disruptive technological advancements that
are consistently blurring the lines separating the physical world from the virtual world.
AI while on one side is opening up a world of possibility and opportunity in HR
function, there is no denying fact that there lies a danger of losing human touch in the
whole process which is the spinal cord of HR function.
Use of artificial intelligence and machine learning is increasing in talent management
like recruitment, selection, on boarding process, performance management and
retention etc. with the reasoning that it is going to provide additional advantages by
automating many processes and also removing human biases while dealing with
people issues. AI will add value to data gathering, enabling research, information
dissemination, task delegation and automation thus helping HR professionals in basic
tasks which can improve operational efficiency and create strategic plans on real time
data. It is arming the function in a new full work world where longtime impact is yet to
measured.
There are lot of studies, arguments and stories flooded in the market telling about
benefits of embracing AI in HR but hard to find any such logic or tool that ensures the
continued strong presence of human touch in this function. Sometimes it is also said
that what happens if H is taken out of HR and it remains only R. The possible
unanswered questions before HR professionals may be that AI may strengthen the
decision making process but how people will be driven, engaged and motivated
towards organisation goals? Will AI be able to bring and nurture positive emotions in
people because in India, people are mostly emotionally driven? Can AI motivate teams
and create intent to work is collaboration? Knowledge brings credibility but human
connect brings respect and trust.
One more issue that cannot be ignored is of fear of losing jobs with growing
technological disruptions in a country like India where about 65% of population is of
working age and in next fifteen years about 18 million people will enter in job market.
One cannot eliminate the danger of reducing the job opportunities in future due to
growing use of technology. Robots in manufacturing sector are live example. But
probably, technology and AI in specific will change the skill set of people required for
future jobs and not eliminate jobs itself at all. Even for HR professionals, skill set is
going to be changed. They need to understand and identify the future requirements of
job and required skills and prepare themselves to adapt the change.
This time cover story is on Artificial intelligence where experts have penned down their
thoughts full of possibilities and challenges.
If you like it let us know. If not, well, let us know that too.
Happy Reading!
Danger of losing human touch
March 2018
Vol.20, No.9
Anil Kaushik
@ tdanil
anilkaushik
anilkaushik
BUSINESS MANAGER MARCH 201820
J
ack Welch one of the most well - known and admired
Charismatic Leaders is not known only for the great heights he
took GE to as its Chairman and CEO, during his tenure at GE,
the company's value rose 4,000%. He is also known for the kind
of leadership with which he led the organization. He was
driven with conviction and commitment towards the cause.
As a leader he went out of his way to build relationships with the
customers as well as employees. His leadership style engendered a sense
of value and pride in the company.
What sums up his thoughts as a leader, are his own words
"The essence of competitiveness is liberated when we make people
believe that what they think and do is important and then get out of
their way while they do it."
Like any other Charismatic Leader, he led by example, lived his
principles and ensured that the he was positive, level - headed and polite
which in turn earned him devotion, reverence and a commitment that
made great things possible for the company and each person in it.
What is Charisma and
Charismatic Leadership?
Charisma is defined as the "combination of dominance, desire to
influence, self - confidence, and strong moral values. Thus, charisma is
connected to an individual's belief in themselves, a strong moral
conviction, and their own longing to be in a position of power. The
reason that charisma is so significant to the idea of leadership is that it
is a combination of traits that, when present, result in the leader being
able to influence others and create an impact that is long lasting in
others perceptions of them as leaders.
Charismatic Leadership style primarily relies on the charm and
persuasiveness of the leader. Inspirational Motivation is what such
leaders are known for, their ability to inspire and motivate followers to
perform at high levels and to be committed to the organization. What
sets most such leaders apart is that they are exceptionally good
communicators, individuals who are not just the best orators but are
also able to communicate with followers on deep and emotional level.
If we were to sum up some of the qualities of a Charismatic Leader,
those would be as follows
1.Communication
Charismatic leaders have
extraordinary skills in
communication. This helps to
motivate employees through
tough times and also help them
stay grounded when things are
good, there are exceptionally
good motivators. The leaders are
equally comfortable
communicating one-to-one or in a
group setting.
2.Maturity
Though they have a very
powerful personality, a
charismatic leader also has
maturity and character. They
don't believe in empty
showmanship, most of their
actions are based on the wisdom
and knowledge which they have
accumulated over the years of life
and business experiences.
3.Humility
Charismatic Leaders place a
lot of value on each employee,
and have the ability to truly listen
to their concerns. The
charismatic leader is able to
showcase to each employee the
value that they bring to the
organization, and show him or
her how their contributions
impact the overall growth and
strategic plans of the
organization.
Vibha Singh
Consultant,Twine HR,Gurgaon
CHARISMATIC
LEADERSHIP
To have a charismastic leadership, one has to have certain set of qualities like
maturity, humility, integrity, respect for all with good listening skills etc. The author
outlines such set of qualities and others in the article. Look for it, if you have some of
them?
BUSINESS MANAGER MARCH 201821
CHARISMATIC LEADERSHIP
4.Compassion
Some of the most successful
leaders were found to be
extremely compassionate.
Charisma alone may not be
enough, because there's a very
real possibility that it can
disintegrate into mere hero
worship. Charismatic Leaders
exhibit some complimenting
qualities like compassion,
integrity, honesty, and fortitude.
5.Confidence and Positive
Body Language
It goes without saying that
Charismatic Leaders are truly
confident and warm, open with a
very positive body language.
They are the glass half full kind
of people, and are comfortable
with who they are. Charismatic
leaders are secure and confident
enough to be comfortable in their
own skin. They make eye contact
with whoever they are talking to,
smile, and introduce themselves
to strangers with great amount of
genuineness.
6.Listening skills
Charismatic Leaders are
extremely good listeners. They
listen to understand rather than
to respond. They are engaged in
the conversation and act with
empathy.
7.Self-improvement
A Charismatic Leader
understands that he has certain
qualities that make him different from others, he is also are aware of his
limitations and hence never stops the process of self-improvement.
Is Charisma
really important to a leader?
We know that running a business, especially in the current scenario,
is no child's play. It becomes even tougher if the leadership does not
perform to its optimum and are unable to guide employees towards
success. Amongst the top traits, that people look for in those in
authority is charisma. Charismatic leadership will be able to get
the best out of each person, be able to motivate them to achieve more
and overall be examples of all the positive traits required to run a
business.
In the Business scenarios today, it is becoming increasingly difficult,
attract as well as retain both highly skilled and abled employees and
customers. Both these sets of people will be attracted to a company
where the leadership is aware of their interactions with others, the
manner in which they behave with all those associated with the
company. Charismatic Leadership would ensure that the leaders in
question are positive, level - headed and polite which in turn earns them
devotion, reverence and a commitment of both the talent and
customers.
Coming back to the importance of Charisma in Leaders, many
researchers have stated that Charisma is one the most defining qualities
in a leader and can even compensate for the leaders shortcomings.
Roseabeth Moss Kanter of the Harvard Business Review states that
leaders must possess charisma, because there is a certain level of faith
and belief present in all aspects of business and leadership, therefore,
this factor of trust plays a critical role in who people decide to put their
belief in.
Some others have pointed out that charismatic leaders tend to lead
with their charm and wit, which coupled with a strong sense of
personal empowerment, can make them very compelling to others. Also
those who use this leadership style tend to have a strong conviction
towards their views view and because of the association with
dominance, can make them appealing to audiences, thereby ensuring
success in most of the projects they do and lead.
To sum up we could re - emphasize on Seth Godain's words. "Being a
leader gives you charisma. If you look and study the leaders who have
succeeded, that's where charisma comes from, from the leading."
Charismatic Leaders are
extremely good listeners. They
listen to understand rather than
to respond. They are engaged in
the conversation and act with
empathy.
BM
Vibha singh

Más contenido relacionado

La actualidad más candente

Upgrading HR capability- HR Summit 2016, Singapore
Upgrading HR capability- HR Summit 2016, SingaporeUpgrading HR capability- HR Summit 2016, Singapore
Upgrading HR capability- HR Summit 2016, SingaporeJayesh Menon
 
Technology will be at centre for HR innovations - Aparna Sharma
Technology will be at centre for HR innovations - Aparna SharmaTechnology will be at centre for HR innovations - Aparna Sharma
Technology will be at centre for HR innovations - Aparna SharmaAnil Kaushik
 
Webinar#1 Outbound All Stars Webinar Series
Webinar#1 Outbound All Stars Webinar SeriesWebinar#1 Outbound All Stars Webinar Series
Webinar#1 Outbound All Stars Webinar SeriesBelong
 
Assignment answer for human resource management module
Assignment answer for human resource management moduleAssignment answer for human resource management module
Assignment answer for human resource management moduleKyaw kyaw Myo
 
Latest trends in hr 2020 - pexitics (people excellence indicator analytics)
Latest trends in hr   2020 - pexitics (people excellence indicator analytics)Latest trends in hr   2020 - pexitics (people excellence indicator analytics)
Latest trends in hr 2020 - pexitics (people excellence indicator analytics)Subhashini S Tripathi
 
Introduction to Directi
Introduction to DirectiIntroduction to Directi
Introduction to DirectiDirecti Group
 
Transforming HR Through Technology
Transforming HR Through TechnologyTransforming HR Through Technology
Transforming HR Through TechnologyNational HRD Network
 
Recruiting Trends- SEA Staffing 2014
Recruiting Trends- SEA Staffing 2014Recruiting Trends- SEA Staffing 2014
Recruiting Trends- SEA Staffing 2014Charlie Lam
 
Shaping the Adaptive Financial Services Organization of the Future
Shaping the Adaptive Financial Services Organization of the FutureShaping the Adaptive Financial Services Organization of the Future
Shaping the Adaptive Financial Services Organization of the FutureAccenture Insurance
 
HR has to break its internal silos - Vishal Nagda
HR has  to break its internal silos - Vishal NagdaHR has  to break its internal silos - Vishal Nagda
HR has to break its internal silos - Vishal NagdaAnil Kaushik
 
How will agility & resilience impact on hr
How will agility & resilience impact on hr How will agility & resilience impact on hr
How will agility & resilience impact on hr ssuserb2e840
 

La actualidad más candente (20)

Upgrading HR capability- HR Summit 2016, Singapore
Upgrading HR capability- HR Summit 2016, SingaporeUpgrading HR capability- HR Summit 2016, Singapore
Upgrading HR capability- HR Summit 2016, Singapore
 
Technology will be at centre for HR innovations - Aparna Sharma
Technology will be at centre for HR innovations - Aparna SharmaTechnology will be at centre for HR innovations - Aparna Sharma
Technology will be at centre for HR innovations - Aparna Sharma
 
Ijebea14 256
Ijebea14 256Ijebea14 256
Ijebea14 256
 
The human variable 2.0
The human variable 2.0The human variable 2.0
The human variable 2.0
 
Webinar#1 Outbound All Stars Webinar Series
Webinar#1 Outbound All Stars Webinar SeriesWebinar#1 Outbound All Stars Webinar Series
Webinar#1 Outbound All Stars Webinar Series
 
Emerging Trends In HRM
Emerging Trends In HRMEmerging Trends In HRM
Emerging Trends In HRM
 
27673.hr-news-2011-09
27673.hr-news-2011-0927673.hr-news-2011-09
27673.hr-news-2011-09
 
Creating a Culture of Accountability - Business Manager
Creating a Culture of Accountability - Business ManagerCreating a Culture of Accountability - Business Manager
Creating a Culture of Accountability - Business Manager
 
Hr dive trends_2018
Hr dive trends_2018Hr dive trends_2018
Hr dive trends_2018
 
2015 Global Recruiting Trends | Webcast
2015 Global Recruiting Trends | Webcast2015 Global Recruiting Trends | Webcast
2015 Global Recruiting Trends | Webcast
 
Assignment answer for human resource management module
Assignment answer for human resource management moduleAssignment answer for human resource management module
Assignment answer for human resource management module
 
Latest trends in hr 2020 - pexitics (people excellence indicator analytics)
Latest trends in hr   2020 - pexitics (people excellence indicator analytics)Latest trends in hr   2020 - pexitics (people excellence indicator analytics)
Latest trends in hr 2020 - pexitics (people excellence indicator analytics)
 
The outstanding consulting firms in 2019
The outstanding consulting firms in 2019The outstanding consulting firms in 2019
The outstanding consulting firms in 2019
 
Introduction to Directi
Introduction to DirectiIntroduction to Directi
Introduction to Directi
 
Transforming HR Through Technology
Transforming HR Through TechnologyTransforming HR Through Technology
Transforming HR Through Technology
 
Recruiting Trends- SEA Staffing 2014
Recruiting Trends- SEA Staffing 2014Recruiting Trends- SEA Staffing 2014
Recruiting Trends- SEA Staffing 2014
 
The 10 most admired corporate recruitment companies
The 10 most admired corporate recruitment companiesThe 10 most admired corporate recruitment companies
The 10 most admired corporate recruitment companies
 
Shaping the Adaptive Financial Services Organization of the Future
Shaping the Adaptive Financial Services Organization of the FutureShaping the Adaptive Financial Services Organization of the Future
Shaping the Adaptive Financial Services Organization of the Future
 
HR has to break its internal silos - Vishal Nagda
HR has  to break its internal silos - Vishal NagdaHR has  to break its internal silos - Vishal Nagda
HR has to break its internal silos - Vishal Nagda
 
How will agility & resilience impact on hr
How will agility & resilience impact on hr How will agility & resilience impact on hr
How will agility & resilience impact on hr
 

Similar a Vibha singh

Converting human capital data in to actionable management information
Converting human capital data in to actionable management informationConverting human capital data in to actionable management information
Converting human capital data in to actionable management informationManoj Kumar
 
Human Capitatl August 2015 issue
Human Capitatl August 2015 issueHuman Capitatl August 2015 issue
Human Capitatl August 2015 issueMangesh Bhide
 
Silicon India July edition
Silicon India July editionSilicon India July edition
Silicon India July editionAnkur Tandon
 
Expand scope and partner closely with business - Chandan Chattaraj
Expand scope and partner closely with business - Chandan ChattarajExpand scope and partner closely with business - Chandan Chattaraj
Expand scope and partner closely with business - Chandan ChattarajAnil Kaushik
 
Marvelous leaders in_hr-
Marvelous leaders in_hr-Marvelous leaders in_hr-
Marvelous leaders in_hr-Business APAC
 
A study on talent management in it industry [www.writekraft.com]
A study on talent management in it industry [www.writekraft.com]A study on talent management in it industry [www.writekraft.com]
A study on talent management in it industry [www.writekraft.com]WriteKraft Dissertations
 
A study on talent management in it industry [www.writekraft.com]
A study on talent management in it industry [www.writekraft.com]A study on talent management in it industry [www.writekraft.com]
A study on talent management in it industry [www.writekraft.com]WriteKraft Dissertations
 
A study on talent management in it industry [www.writekraft.com]
A study on talent management in it industry [www.writekraft.com]A study on talent management in it industry [www.writekraft.com]
A study on talent management in it industry [www.writekraft.com]WriteKraft Dissertations
 
A study on talent management in it industry [www.writekraft.com]
A study on talent management in it industry [www.writekraft.com]A study on talent management in it industry [www.writekraft.com]
A study on talent management in it industry [www.writekraft.com]WriteKraft Dissertations
 
A study on talent management in it industry [www.writekraft.com]
A study on talent management in it industry [www.writekraft.com]A study on talent management in it industry [www.writekraft.com]
A study on talent management in it industry [www.writekraft.com]WriteKraft Dissertations
 
A study on talent management in it industry [www.writekraft.com]
A study on talent management in it industry [www.writekraft.com]A study on talent management in it industry [www.writekraft.com]
A study on talent management in it industry [www.writekraft.com]WriteKraft Dissertations
 
A study on talent management in it industry [www.writekraft.com]
A study on talent management in it industry  [www.writekraft.com]A study on talent management in it industry  [www.writekraft.com]
A study on talent management in it industry [www.writekraft.com]WriteKraft Dissertations
 
A study on talent management in it industry [www.writekraft.com]
A study on talent management in it industry [www.writekraft.com]A study on talent management in it industry [www.writekraft.com]
A study on talent management in it industry [www.writekraft.com]WriteKraft Dissertations
 
A study on talent management in it industry [www.writekraft.com]
A study on talent management in it industry [www.writekraft.com]A study on talent management in it industry [www.writekraft.com]
A study on talent management in it industry [www.writekraft.com]WriteKraft Dissertations
 
Published Article Maggie
Published Article MaggiePublished Article Maggie
Published Article MaggieDr. D. N. Singh
 
Most Leading HR & Payroll Management Companies - 2022.pdf
Most Leading HR & Payroll Management Companies - 2022.pdfMost Leading HR & Payroll Management Companies - 2022.pdf
Most Leading HR & Payroll Management Companies - 2022.pdfCIOLOOKIndia
 
Sharpen focus on connecting and integrating people, work and platform - Makar...
Sharpen focus on connecting and integrating people, work and platform - Makar...Sharpen focus on connecting and integrating people, work and platform - Makar...
Sharpen focus on connecting and integrating people, work and platform - Makar...Anil Kaushik
 

Similar a Vibha singh (20)

Converting human capital data in to actionable management information
Converting human capital data in to actionable management informationConverting human capital data in to actionable management information
Converting human capital data in to actionable management information
 
Sexual Harassment - The Other Side of the Story
Sexual Harassment - The Other Side of the StorySexual Harassment - The Other Side of the Story
Sexual Harassment - The Other Side of the Story
 
Human Capitatl August 2015 issue
Human Capitatl August 2015 issueHuman Capitatl August 2015 issue
Human Capitatl August 2015 issue
 
Smita Dash Sahoo
Smita Dash SahooSmita Dash Sahoo
Smita Dash Sahoo
 
Silicon India July edition
Silicon India July editionSilicon India July edition
Silicon India July edition
 
Expand scope and partner closely with business - Chandan Chattaraj
Expand scope and partner closely with business - Chandan ChattarajExpand scope and partner closely with business - Chandan Chattaraj
Expand scope and partner closely with business - Chandan Chattaraj
 
Marvelous leaders in_hr-
Marvelous leaders in_hr-Marvelous leaders in_hr-
Marvelous leaders in_hr-
 
Hrm ppt
Hrm pptHrm ppt
Hrm ppt
 
A study on talent management in it industry [www.writekraft.com]
A study on talent management in it industry [www.writekraft.com]A study on talent management in it industry [www.writekraft.com]
A study on talent management in it industry [www.writekraft.com]
 
A study on talent management in it industry [www.writekraft.com]
A study on talent management in it industry [www.writekraft.com]A study on talent management in it industry [www.writekraft.com]
A study on talent management in it industry [www.writekraft.com]
 
A study on talent management in it industry [www.writekraft.com]
A study on talent management in it industry [www.writekraft.com]A study on talent management in it industry [www.writekraft.com]
A study on talent management in it industry [www.writekraft.com]
 
A study on talent management in it industry [www.writekraft.com]
A study on talent management in it industry [www.writekraft.com]A study on talent management in it industry [www.writekraft.com]
A study on talent management in it industry [www.writekraft.com]
 
A study on talent management in it industry [www.writekraft.com]
A study on talent management in it industry [www.writekraft.com]A study on talent management in it industry [www.writekraft.com]
A study on talent management in it industry [www.writekraft.com]
 
A study on talent management in it industry [www.writekraft.com]
A study on talent management in it industry [www.writekraft.com]A study on talent management in it industry [www.writekraft.com]
A study on talent management in it industry [www.writekraft.com]
 
A study on talent management in it industry [www.writekraft.com]
A study on talent management in it industry  [www.writekraft.com]A study on talent management in it industry  [www.writekraft.com]
A study on talent management in it industry [www.writekraft.com]
 
A study on talent management in it industry [www.writekraft.com]
A study on talent management in it industry [www.writekraft.com]A study on talent management in it industry [www.writekraft.com]
A study on talent management in it industry [www.writekraft.com]
 
A study on talent management in it industry [www.writekraft.com]
A study on talent management in it industry [www.writekraft.com]A study on talent management in it industry [www.writekraft.com]
A study on talent management in it industry [www.writekraft.com]
 
Published Article Maggie
Published Article MaggiePublished Article Maggie
Published Article Maggie
 
Most Leading HR & Payroll Management Companies - 2022.pdf
Most Leading HR & Payroll Management Companies - 2022.pdfMost Leading HR & Payroll Management Companies - 2022.pdf
Most Leading HR & Payroll Management Companies - 2022.pdf
 
Sharpen focus on connecting and integrating people, work and platform - Makar...
Sharpen focus on connecting and integrating people, work and platform - Makar...Sharpen focus on connecting and integrating people, work and platform - Makar...
Sharpen focus on connecting and integrating people, work and platform - Makar...
 

Último

Dealing with Poor Performance - get the full picture from 3C Performance Mana...
Dealing with Poor Performance - get the full picture from 3C Performance Mana...Dealing with Poor Performance - get the full picture from 3C Performance Mana...
Dealing with Poor Performance - get the full picture from 3C Performance Mana...Hedda Bird
 
Marketing Management 16th edition by Philip Kotler test bank.docx
Marketing Management 16th edition by Philip Kotler test bank.docxMarketing Management 16th edition by Philip Kotler test bank.docx
Marketing Management 16th edition by Philip Kotler test bank.docxssuserf63bd7
 
The Psychology Of Motivation - Richard Brown
The Psychology Of Motivation - Richard BrownThe Psychology Of Motivation - Richard Brown
The Psychology Of Motivation - Richard BrownSandaliGurusinghe2
 
Agile Coaching Change Management Framework.pptx
Agile Coaching Change Management Framework.pptxAgile Coaching Change Management Framework.pptx
Agile Coaching Change Management Framework.pptxalinstan901
 
W.H.Bender Quote 62 - Always strive to be a Hospitality Service professional
W.H.Bender Quote 62 - Always strive to be a Hospitality Service professionalW.H.Bender Quote 62 - Always strive to be a Hospitality Service professional
W.H.Bender Quote 62 - Always strive to be a Hospitality Service professionalWilliam (Bill) H. Bender, FCSI
 
Safety T fire missions army field Artillery
Safety T fire missions army field ArtillerySafety T fire missions army field Artillery
Safety T fire missions army field ArtilleryKennethSwanberg
 
Beyond the Codes_Repositioning towards sustainable development
Beyond the Codes_Repositioning towards sustainable developmentBeyond the Codes_Repositioning towards sustainable development
Beyond the Codes_Repositioning towards sustainable developmentNimot Muili
 
Strategic Management, Vision Mission, Internal Analsysis
Strategic Management, Vision Mission, Internal AnalsysisStrategic Management, Vision Mission, Internal Analsysis
Strategic Management, Vision Mission, Internal Analsysistanmayarora45
 
How Software Developers Destroy Business Value.pptx
How Software Developers Destroy Business Value.pptxHow Software Developers Destroy Business Value.pptx
How Software Developers Destroy Business Value.pptxAaron Stannard
 
International Ocean Transportation p.pdf
International Ocean Transportation p.pdfInternational Ocean Transportation p.pdf
International Ocean Transportation p.pdfAlejandromexEspino
 
Reviewing and summarization of university ranking system to.pptx
Reviewing and summarization of university ranking system  to.pptxReviewing and summarization of university ranking system  to.pptx
Reviewing and summarization of university ranking system to.pptxAss.Prof. Dr. Mogeeb Mosleh
 
digital Human resource management presentation.pdf
digital Human resource management presentation.pdfdigital Human resource management presentation.pdf
digital Human resource management presentation.pdfArtiSrivastava23
 
internship thesis pakistan aeronautical complex kamra
internship thesis pakistan aeronautical complex kamrainternship thesis pakistan aeronautical complex kamra
internship thesis pakistan aeronautical complex kamraAllTops
 
Independent Escorts Vikaspuri / 9899900591 High Profile Escort Service in Delhi
Independent Escorts Vikaspuri  / 9899900591 High Profile Escort Service in DelhiIndependent Escorts Vikaspuri  / 9899900591 High Profile Escort Service in Delhi
Independent Escorts Vikaspuri / 9899900591 High Profile Escort Service in Delhiguptaswati8536
 
Leaders enhance communication by actively listening, providing constructive f...
Leaders enhance communication by actively listening, providing constructive f...Leaders enhance communication by actively listening, providing constructive f...
Leaders enhance communication by actively listening, providing constructive f...Ram V Chary
 

Último (17)

Dealing with Poor Performance - get the full picture from 3C Performance Mana...
Dealing with Poor Performance - get the full picture from 3C Performance Mana...Dealing with Poor Performance - get the full picture from 3C Performance Mana...
Dealing with Poor Performance - get the full picture from 3C Performance Mana...
 
Marketing Management 16th edition by Philip Kotler test bank.docx
Marketing Management 16th edition by Philip Kotler test bank.docxMarketing Management 16th edition by Philip Kotler test bank.docx
Marketing Management 16th edition by Philip Kotler test bank.docx
 
The Psychology Of Motivation - Richard Brown
The Psychology Of Motivation - Richard BrownThe Psychology Of Motivation - Richard Brown
The Psychology Of Motivation - Richard Brown
 
Agile Coaching Change Management Framework.pptx
Agile Coaching Change Management Framework.pptxAgile Coaching Change Management Framework.pptx
Agile Coaching Change Management Framework.pptx
 
W.H.Bender Quote 62 - Always strive to be a Hospitality Service professional
W.H.Bender Quote 62 - Always strive to be a Hospitality Service professionalW.H.Bender Quote 62 - Always strive to be a Hospitality Service professional
W.H.Bender Quote 62 - Always strive to be a Hospitality Service professional
 
Safety T fire missions army field Artillery
Safety T fire missions army field ArtillerySafety T fire missions army field Artillery
Safety T fire missions army field Artillery
 
Beyond the Codes_Repositioning towards sustainable development
Beyond the Codes_Repositioning towards sustainable developmentBeyond the Codes_Repositioning towards sustainable development
Beyond the Codes_Repositioning towards sustainable development
 
Intro_University_Ranking_Introduction.pptx
Intro_University_Ranking_Introduction.pptxIntro_University_Ranking_Introduction.pptx
Intro_University_Ranking_Introduction.pptx
 
Strategic Management, Vision Mission, Internal Analsysis
Strategic Management, Vision Mission, Internal AnalsysisStrategic Management, Vision Mission, Internal Analsysis
Strategic Management, Vision Mission, Internal Analsysis
 
Abortion pills in Jeddah |• +966572737505 ] GET CYTOTEC
Abortion pills in Jeddah |• +966572737505 ] GET CYTOTECAbortion pills in Jeddah |• +966572737505 ] GET CYTOTEC
Abortion pills in Jeddah |• +966572737505 ] GET CYTOTEC
 
How Software Developers Destroy Business Value.pptx
How Software Developers Destroy Business Value.pptxHow Software Developers Destroy Business Value.pptx
How Software Developers Destroy Business Value.pptx
 
International Ocean Transportation p.pdf
International Ocean Transportation p.pdfInternational Ocean Transportation p.pdf
International Ocean Transportation p.pdf
 
Reviewing and summarization of university ranking system to.pptx
Reviewing and summarization of university ranking system  to.pptxReviewing and summarization of university ranking system  to.pptx
Reviewing and summarization of university ranking system to.pptx
 
digital Human resource management presentation.pdf
digital Human resource management presentation.pdfdigital Human resource management presentation.pdf
digital Human resource management presentation.pdf
 
internship thesis pakistan aeronautical complex kamra
internship thesis pakistan aeronautical complex kamrainternship thesis pakistan aeronautical complex kamra
internship thesis pakistan aeronautical complex kamra
 
Independent Escorts Vikaspuri / 9899900591 High Profile Escort Service in Delhi
Independent Escorts Vikaspuri  / 9899900591 High Profile Escort Service in DelhiIndependent Escorts Vikaspuri  / 9899900591 High Profile Escort Service in Delhi
Independent Escorts Vikaspuri / 9899900591 High Profile Escort Service in Delhi
 
Leaders enhance communication by actively listening, providing constructive f...
Leaders enhance communication by actively listening, providing constructive f...Leaders enhance communication by actively listening, providing constructive f...
Leaders enhance communication by actively listening, providing constructive f...
 

Vibha singh

  • 1.
  • 2. BUSINESS MANAGER MARCH 20181 IN THIS ISSUE COVER FEATURE 22-41 07 HR Analytics : the next frontier for workplace transformation The recent boom of developing HR analytics capabilities in organisations is indicating that it is the next big thing to transform the workplace and workforce. In this article, the author has explored the scope of HR analytics, framework of HR analytics, how to implement the same in organisation, barriers to implementation, current practices, benefits of HR analytics and the way forward. An article by Dr. Debendra P. Kar 16 INTERVIEW Technology can aid business but it cannot replace human touch KANKANA BAURA Chief People Officer, Tally Solutions Pvt. Ltd.,Bangalore There has been a massive transition in HR in the last few decades, moving from mere paper pushers to becoming strategic partners. Technology, analytics and robotics are fast gaining importance and certainly they have made processes easier and less people dependent. However, no technology can take over the emotions associated with people. 11 2018 - Multilennials-1 Millennials and mature workforce form multilennials The concept of lifetime employment is slowly changing to that of a hire-and-fire culture. However, an applicant expects that if he or she joins any organization with certain skills, he or she would like to leave with additional skills (more than what he/she came with). Thus, employees are constantly looking to join organizations that will enhance their employability as they manage their careers. An article by Dr. Ganesh Shermon IN EVERY ISSUE Response From the Editor’s Desk Guest Column by Dr. Vinayshil Gautam 03 04 05 06 Quick Comment PNB Scam: human side overpowers technology? By Anil Kaushik The future is here: AAII ttrraannssffoorrmmiinngg hhuummaann rreessoouurrccee mmaannaaggeemmeenntt BM Editorial Team AI :The Game Changer for Future HR By Indraneil Roy The Romance of HR & AI By Purvi Sheth Using AI to deliver value in HR By Ruma Batheja Forcing us to be really human! By Prasad Kurian AI and Recruption in talent management By Kiran Bhatia Tandon Making HR functions smarter By Akanksha Tripathi AI : Need to moniter long term impact on HR By Payal Sondhi AI to create jobs of tomorrow By Ishan Gupta AI :Why and where is the need? By Zaheer Adenwala
  • 3. Abuse of powers by EPFO on rise PF Authorities cannot make recovery during appeal period Power tends to corrupt and absolute power corrupts absolutely', said thinker John Acton. This appears to aptly apply for the EPF officials. They remain so inebriated with delusionary power that they forget even the basic norms of the law. They often think that they are above law. This is mainly because the Government of the day does not crack it whips to bring them under control. They are usually allowed to go scot-free for their overreach resulting in the erosion of faith in the system by the people. It is also because of these power drunk officials that the government draws flak from the Courts and money of the taxpayers is unnecessarily spent on avoidable litigations. An article by H. L. Kumar BUSINESS MANAGER MARCH 20182 IN THIS ISSUE LABOUR LAW 43 20 Charismatic Leadership To have a charismastic leadership, one has to have certain set of qualities like maturity, humility, integrity, respect for all with good listening skills etc. The author outlines such set of qualities and others in the article. Look for it, if you have some of them? An article by Vibha Singh 42 HR Head as CEO HR is in a better position to become a CEO because CEO's in these challenging times can-not be just number crunchers and control compliance type. They are to be inclusive, develop chemistry with the work force, work in teams, energise people passionately, and align the people's vision with the organisational goals. An article by R.N. Misra 55 LINE 61GOVERNEMENT NOTIFICATIONS 57CASE STUDY Arm twisting by union - BM Editorial Team 58 60 CASE ANALYSIS Trade union leadership behavior By Anil Malik Internal interruption by intimate By Pramod Kumar Tripathi 61 BOOK LEARNING 63-64 HR NEWS Minimum assured benefit in EDLI is 2.5 lakh Proposed Revision in Rajasthan Minimum Wages Revised Minimum Wages - Maharashtra Introduction to Business Ethics Authors : Vivek Viswan V. & M.M. Sulphey Every Manager Should Know HR Author : Rakesh Seth AI will create more jobs than it eliminates by 2020: gartner HR Heads become rolling ball: 30 changed jobs in past six months 13k to lose jobs for long unauhorised absence in railways from the COURT ROOM Recent Important Labour Judgments 45-54
  • 4. Owned, Published and Printed by Anil Kaushik at Sun Prints, Ganpati Tower, Nangli Circle, Alwar - 301001 and Published From B-138, Ambedkar Nagar, Alwar - 301001 ( Raj.) India. Editor : Anil Kaushik The views expressed in the articles published in Business Manager are those of the authors only and not necessarily of the Publisher/Editor. While every effort is made to have no mistake in the magazine, errors do occur. Publishers do not own any responsibility for the losses or damages caused to any one due to such ommissions or errors. This issue of Business Manager contains 68 pages including cover MARCH 2018 Insightful In special feature, Rajesh Tripathi views are insightful. He has cautioned HR people in right perspective. If HR managers will not adopt new knowledge and skills as required by future workplace, it will be difficult for them to sustain. Reluctance in adopting new technological features will go to their disadvantage. Similarly Ajay Bhardwaj has also indicated in right direction that HR has to come out of their self made shells and look and move beyond and embrace the reality of the workplace, which is changing very fast. HR cannot afford to stick to routine administrative matters and to be fast in redefining job roles to maximise productivity. Summit Gupta Knowledgable The article of HL Kumar on fixed term appointment is very knowledgable and removes much confusion. Lata Mehra Credible Much awaited annual feature of important labour judgments has no comparision in terms of usefulness and reliability. It shows the hard labour and efforts put in by your team in compiling these hundreds of judgments. Gaurav Sinha Today’s millennials are #digital natives who have certain expectations about working in a modern world. Embrace #technology tools to attract and retain today’s talent or be left out. Rupak agarwal on Vishal Nagda article in January Issue. I have been following your magazine regularly. Case study & analysis is very interesting. February story speaks of the manufacturing organisation’s reality where operations are always given priority over discipline. Vikram Enriching Special feature of February issue on changing work world is very enriching. The experts of the corporate world have very candidly explained and pointed out the challenges and opportunities of the chaning work world which cannot be ignored by the HR managers. Makrand has very rightly pointed out that inspite of HR undergoing enormous alteranation in its roles and functions, we should not forget to connect people and integrate them with the business requirements. The important challenge will be to ensure that employees stay with the organisations and continue investing in them in terms of learning and growth. Vipul Sharma Sensible The prediction of Chandan Chattaraj about the changing work world that basis of HR in respect of engagement, reward and recognition and retaining the talent is not going to change inspite of advance technological disruptions, appears to be sensible and correct becasue when it comes to managing people, one should always strive to maintain live relationship. Meenakshi Annual Subscription 1000/- through DD (by ordinary Book-Post) (by Courier 1300/-) favouring Business Manager (Please add 90/- to outstation Cheques) may be sent to: B-138, Ambedkar Nagar, Alwar - 301001 (Raj.) India Mob.: 09785585134, 08302173422 www.businessmanager.in E-mail : subscription@businessmanager.in, bmalwar@gmail.com Published on 1st of Every Month CHIEF EDITOR ANIL KAUSHIK ASSOCIATE EDITOR ANJANA ANIL EXECUTIVE EDITOR JAYSHREE DUTT DESIGN & DIGITAL SATENDER TEJ ARUN SUBSCRIPTION GIREESH KUMAR DIXIT HON'Y EDITORIAL BOARD Dr.T.V.Rao Dr.Vinayshil Gautam H.L.Kumar Dr.Rajen Mehrotra FEBRUARY 2018 ISSUE Visit us on: BUSINESS MANAGER VALUES YOUR FEEDBACK. WRITE TO US WITH YOUR SUGGESTIONS AND IDEAS AT info@businessmanager.in https://www.facebook.com/businessmanagerhrmagazine RESPONSE BUSINESS MANAGER MARCH 20183
  • 5. BUSINESS MANAGER MARCH 20184 From the EDITOR’S DESK Artificial Intelligence in HR is the buzzword making rounds in business world more rapidly than ever before. The reason is the disruptive technological advancements that are consistently blurring the lines separating the physical world from the virtual world. AI while on one side is opening up a world of possibility and opportunity in HR function, there is no denying fact that there lies a danger of losing human touch in the whole process which is the spinal cord of HR function. Use of artificial intelligence and machine learning is increasing in talent management like recruitment, selection, on boarding process, performance management and retention etc. with the reasoning that it is going to provide additional advantages by automating many processes and also removing human biases while dealing with people issues. AI will add value to data gathering, enabling research, information dissemination, task delegation and automation thus helping HR professionals in basic tasks which can improve operational efficiency and create strategic plans on real time data. It is arming the function in a new full work world where longtime impact is yet to measured. There are lot of studies, arguments and stories flooded in the market telling about benefits of embracing AI in HR but hard to find any such logic or tool that ensures the continued strong presence of human touch in this function. Sometimes it is also said that what happens if H is taken out of HR and it remains only R. The possible unanswered questions before HR professionals may be that AI may strengthen the decision making process but how people will be driven, engaged and motivated towards organisation goals? Will AI be able to bring and nurture positive emotions in people because in India, people are mostly emotionally driven? Can AI motivate teams and create intent to work is collaboration? Knowledge brings credibility but human connect brings respect and trust. One more issue that cannot be ignored is of fear of losing jobs with growing technological disruptions in a country like India where about 65% of population is of working age and in next fifteen years about 18 million people will enter in job market. One cannot eliminate the danger of reducing the job opportunities in future due to growing use of technology. Robots in manufacturing sector are live example. But probably, technology and AI in specific will change the skill set of people required for future jobs and not eliminate jobs itself at all. Even for HR professionals, skill set is going to be changed. They need to understand and identify the future requirements of job and required skills and prepare themselves to adapt the change. This time cover story is on Artificial intelligence where experts have penned down their thoughts full of possibilities and challenges. If you like it let us know. If not, well, let us know that too. Happy Reading! Danger of losing human touch March 2018 Vol.20, No.9 Anil Kaushik @ tdanil anilkaushik anilkaushik
  • 6. BUSINESS MANAGER MARCH 201820 J ack Welch one of the most well - known and admired Charismatic Leaders is not known only for the great heights he took GE to as its Chairman and CEO, during his tenure at GE, the company's value rose 4,000%. He is also known for the kind of leadership with which he led the organization. He was driven with conviction and commitment towards the cause. As a leader he went out of his way to build relationships with the customers as well as employees. His leadership style engendered a sense of value and pride in the company. What sums up his thoughts as a leader, are his own words "The essence of competitiveness is liberated when we make people believe that what they think and do is important and then get out of their way while they do it." Like any other Charismatic Leader, he led by example, lived his principles and ensured that the he was positive, level - headed and polite which in turn earned him devotion, reverence and a commitment that made great things possible for the company and each person in it. What is Charisma and Charismatic Leadership? Charisma is defined as the "combination of dominance, desire to influence, self - confidence, and strong moral values. Thus, charisma is connected to an individual's belief in themselves, a strong moral conviction, and their own longing to be in a position of power. The reason that charisma is so significant to the idea of leadership is that it is a combination of traits that, when present, result in the leader being able to influence others and create an impact that is long lasting in others perceptions of them as leaders. Charismatic Leadership style primarily relies on the charm and persuasiveness of the leader. Inspirational Motivation is what such leaders are known for, their ability to inspire and motivate followers to perform at high levels and to be committed to the organization. What sets most such leaders apart is that they are exceptionally good communicators, individuals who are not just the best orators but are also able to communicate with followers on deep and emotional level. If we were to sum up some of the qualities of a Charismatic Leader, those would be as follows 1.Communication Charismatic leaders have extraordinary skills in communication. This helps to motivate employees through tough times and also help them stay grounded when things are good, there are exceptionally good motivators. The leaders are equally comfortable communicating one-to-one or in a group setting. 2.Maturity Though they have a very powerful personality, a charismatic leader also has maturity and character. They don't believe in empty showmanship, most of their actions are based on the wisdom and knowledge which they have accumulated over the years of life and business experiences. 3.Humility Charismatic Leaders place a lot of value on each employee, and have the ability to truly listen to their concerns. The charismatic leader is able to showcase to each employee the value that they bring to the organization, and show him or her how their contributions impact the overall growth and strategic plans of the organization. Vibha Singh Consultant,Twine HR,Gurgaon CHARISMATIC LEADERSHIP To have a charismastic leadership, one has to have certain set of qualities like maturity, humility, integrity, respect for all with good listening skills etc. The author outlines such set of qualities and others in the article. Look for it, if you have some of them?
  • 7. BUSINESS MANAGER MARCH 201821 CHARISMATIC LEADERSHIP 4.Compassion Some of the most successful leaders were found to be extremely compassionate. Charisma alone may not be enough, because there's a very real possibility that it can disintegrate into mere hero worship. Charismatic Leaders exhibit some complimenting qualities like compassion, integrity, honesty, and fortitude. 5.Confidence and Positive Body Language It goes without saying that Charismatic Leaders are truly confident and warm, open with a very positive body language. They are the glass half full kind of people, and are comfortable with who they are. Charismatic leaders are secure and confident enough to be comfortable in their own skin. They make eye contact with whoever they are talking to, smile, and introduce themselves to strangers with great amount of genuineness. 6.Listening skills Charismatic Leaders are extremely good listeners. They listen to understand rather than to respond. They are engaged in the conversation and act with empathy. 7.Self-improvement A Charismatic Leader understands that he has certain qualities that make him different from others, he is also are aware of his limitations and hence never stops the process of self-improvement. Is Charisma really important to a leader? We know that running a business, especially in the current scenario, is no child's play. It becomes even tougher if the leadership does not perform to its optimum and are unable to guide employees towards success. Amongst the top traits, that people look for in those in authority is charisma. Charismatic leadership will be able to get the best out of each person, be able to motivate them to achieve more and overall be examples of all the positive traits required to run a business. In the Business scenarios today, it is becoming increasingly difficult, attract as well as retain both highly skilled and abled employees and customers. Both these sets of people will be attracted to a company where the leadership is aware of their interactions with others, the manner in which they behave with all those associated with the company. Charismatic Leadership would ensure that the leaders in question are positive, level - headed and polite which in turn earns them devotion, reverence and a commitment of both the talent and customers. Coming back to the importance of Charisma in Leaders, many researchers have stated that Charisma is one the most defining qualities in a leader and can even compensate for the leaders shortcomings. Roseabeth Moss Kanter of the Harvard Business Review states that leaders must possess charisma, because there is a certain level of faith and belief present in all aspects of business and leadership, therefore, this factor of trust plays a critical role in who people decide to put their belief in. Some others have pointed out that charismatic leaders tend to lead with their charm and wit, which coupled with a strong sense of personal empowerment, can make them very compelling to others. Also those who use this leadership style tend to have a strong conviction towards their views view and because of the association with dominance, can make them appealing to audiences, thereby ensuring success in most of the projects they do and lead. To sum up we could re - emphasize on Seth Godain's words. "Being a leader gives you charisma. If you look and study the leaders who have succeeded, that's where charisma comes from, from the leading." Charismatic Leaders are extremely good listeners. They listen to understand rather than to respond. They are engaged in the conversation and act with empathy. BM