In this era when humans can impact the world through social media, machines can learn from past experiences, and analytics can predict the future, there is bound to be a major shift in our workplaces and workforce dynamics. Impermanence is permanent now.
The future, therefore looks far more technologically powered, segregated yet inter-connected, change-ready and digitally literate.
In another few years, an entire spectrum of new jobs is expected to be created, which may be beyond our imagination today. On the other hand, automation may lead to decline of certain job functions. Both these scenarios will arise from the needs we discover, as the global economy provides us with opportunities, India’s demographic resources offers the means and technology provides us with the platform to fulfill those needs.
Demographic upheavals within the organization have led to workforce diversity and changing priorities. Gig economy is creating new avenues for individuals. Shorter business cycles, product disruptions and the now commonly used term, VUCA, makes one think we are going through Organizational Darwinism.
Many companies will change their core business lines, some will create new ones and brands will change their value proposition in tandem with changing consumer and business needs.
All this brings enormous opportunities for HR to re-invent its role in predicting the future of work and the employees. HR needs to determine the status quo of the market and its organization to determine how it will adapt with the changing times.
The questions that we in HR need to ask ourselves are –
1. How should we equip our organization for this change and prepare our people to harness new opportunities?
2. How do we build an inter-connected model of trained talent, high performance and robust systems & processes which is agile, shape-changing and sustainable?
3. How will the macro-level changes influence choices for the talent in the market?
To answer these questions and to navigate the way to tomorrowland, there is a need to think and act differently and most importantly to break free from the existing ways, norms and boundaries.
The HR Summit is our flagship event for Human Resource professionals, functional leads and C-suite execs alike. This annual confluence of minds and ideas – overseen by 650 participants through nearly 50 sessions taken up by 60 speakers, and workshops et al – is about spotting, dissecting and deliberating on change waves which our industry faces periodically, and with unerring frequency. In pursuant with this basic idea at its core, the 2015 edition was about, “The Digital Highway HR's Journey into the Future.” Digital as a disruptor hasn’t spared HR either. The degree of its impact is no less overwhelming, in comparison to other functions as well. India’s real strength is in its people. Demographic dividend is about people. Enabling them with the right skills levered by technology, will result in a more productive nation.
For more details, please visit at www.nasscom.in/hrsummit