Inaugurating the second annual HR summit of IIM Kashipur, Dr.Gautam Sinha, Director- IIM Kashipur emphasized on the fact that HR nowadays is being at forefront at the Corporate Strategy. This year the summit was organized in national capital, New Delhi.
SAMANVAYA, according to Mr. Sinha is the answer to the question on how the manage the most volatile capital in an organization: the human capital.
SAMANVAYA is an annual HR Summit organized by IIM Kashipur to impress upon the fact that HR recently has acquired a strategic position in navigating an organization through testing times and that managing the human capital is equally important for an organization to succeed.
The summit witnessed the confluence of the Industry heads and eminent business leaders from prominent companies spread across diversified sectors like steel, power and software. All the delegates agreed upon the common point that hierarchy has become flatter and that people have become the barometer for success.
Reflecting on the HR in a network organization Mr. Venkatnarayanan, President HR, IT & Education, Rane Holdings Limited said that talent management, talent retention, high performance culture and effective Training and Development are the four major challenges of HR.
Mr. Ranjan Bandhopadhyay, Global HR Head ,BPO Services TCS was of the view that managing the huge amount of data through better security management is the need of the hour and TCS is doing its every bit to make sure client data is secure.
Mr. Piyush Dutt, Chief HR officer, TPG Sales said that HR nowadays contributes substantially to the top line and bottom line of the company which is gradually becoming a barometer for the HR performance of an organization.
Mr. Manmohan Bhutani, Vice President, People & Operations, Fiserv Global Services said today’s business world is all about people and the war is for talent. Hence business strategy and people strategy has to be merged. He credited the IT/ITES companies in bringing this competitive nature to Indian corporate culture.
IIM Kashipur is the new entrant in the league of IIM’s and has commenced operations from July 2011. The institute offers its flagship two years Post Graduate Program in management (PGPM). The institute is set up with the objective of providing quality management education while sensitizing students towards the need of the society.