Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Mr.Indrajit Sen
1. Business Strategy -HR Still a functional silo? “Driving Business Excellence through People” - NHRDN, May 20, 2011
2. Is the HR Head a Strategic Business Partner ? Is the HR Head of the company a part of Board meetings? Is the HR Head part of Client acquisition meetings or the Annual Planning meetings? Is the HR Head part of the company’s Budgeting Exercise and other Financial discussions along with the CFO and CEO?
3. Are we ready for these Business interactions? Do we know the market share of our company? Do we know the critical growth drivers for our company? Can we name some of our competitors of our business and their strengths and weaknesses? Are we equipped to due diligence for a new acquisition? Are we able to interpret the Annual Report of the company? Are we skilled to take a prospective client around the work place or the manufacturing plants? Do we understand the risk factors of our company’s business?
4. Critical HR factors for Business… Cost structure (particularly in IT/ ITES / Services sectors) When People related costs are high Financing costs are high Risk Factors are high Retaining key competencies High attrition Rare to get skills in the industry Major Expansion plans / unfamiliar territories Volatility of IR (managing unions etc)