IIM Amritsar kicked off the industry interaction season ’22-’23 by successfully conducting Yukti’22, The Annual HR Conclave at Hotel Radisson Blu Amritsar on 7th August 2022. The speakers of the conclave included various industry veterans and stalwarts who shared their insights on the topics of discussion with the faculty, staff, and students present. The conclave consisted of two panel discussions; The first panel discussed “Employee Experience: Moving Back from ZOOMbie Land”, and the topic for the second panel discussion was “Talent Acquisition 4.0: Winning the War for Talent”.
Dr Mahima Gupta, Dean Academics, welcomed the attendees of the conclave on behalf of The Director, Dr. Nagarajan Ramamoorthy. In her welcome address, she briefed the gathering about the various industry interaction activities organized by IIM Amritsar and thanked the various corporate partners of IIM Amritsar for their cooperation. She reiterated that IIM Amritsar is committed to providing programs that best fit people in different stages of their career, and corporates alike. She concluded her address by wishing everyone a great year ahead. She also unveiled Ekagra 4.0, the Bi-Annual HR magazine of the institute, receiving the first copy from Dr Vartika Dutta, Faculty Anchor, HRithvi, the HR Club of the institute.
The event will exclusively be telecasted by NDTV (Panel 1) and ET NOW (Panel 2) on national television. This is the first time an in-situ coverage is taking place for an event at IIM Amritsar (NDTV for panel 1).
Brief on Panel 1:
The event commenced with two Students of the MBA-08 Batch, Shakti Singh and Torsha Dwivedi, giving a taste of what is coming ahead to the attendees by delivering a presentation on the theme. They touched upon various topics pertaining to the theme- such as a brief on employee experience, history through the pandemic, retaining talent and reducing turnover etc. They also talked about some use cases from the industry, and concluded their address by discussing the various ways to keep the employees motivated.
This was followed by the keynote address from Dr Augustus Azariah, HR Leader, IBM. He commenced his address on a lighter note, talking about how conclaves were conducted then and now, and making a remark: “We aren’t ageing.” The most pertinent question and the question that is to be asked first, according to him, was “Should we even move back, and if yes, by how much”. He then enlightened the audience about the merits of hybrid work culture, stating many compelling reasons why one must do that. He said that the pandemic made organizations start caring about people more, but despite that, we had to witness phenomena like The Great Resignation and Moonlighting and ruminated on why that happened. He discussed the scenario across industries, and concluded his address by quoting Emerson, “Do not go where the path may lead, go instead where there is no path and leave a trail.”
The esteemed panellists for the topic included; Mr Amit Chincholikar, Global CHRO, Tata Consumer Products, Ms Shalu Manan, VP, HR Transformation, Genpact, Mr Vikas Maheshwary, Head HR Transformation, Biocon Biologics, Mr Sajjad Ahmed, Senior HR Director, Capgemini, and Mr Amit Sharma, VP and Head of People and Culture, Volvo group.
Taking the mantle of the moderator of the event, Mr Amit Chincholikar posed pertinent questions to his fellow panellists, and kept the conversation lively by adding various interesting anecdotes. The highlight of his wonderful discourse was a statement which generated applause from the panellists and audience alike- “Diversity is about counting the numbers, and inclusion is about making the numbers count”. He also aptly concluded the session by quoting Margaret Mead- “Never doubt that a small group of thoughtful, committed citizens can change the world; indeed, it’s the only thing that ever has.”
“Authenticity eats perfection for breakfast everyday” was the Aha-moment from the discourse of Mr Vikas Maheshwary, who also talked about the impact of Artificial Intelligence, where he cited the brilliance of listening tools and how they solved a lot of issues. He also enlightened the audience as to why a reward system is necessary for a company to fly, and said that even there exists differences, expectations are more or less universal.
Answering the question as to how employee experience has changed over the last couple of years, Ms Shalu Manan said that just how beauty lies in the eye of the beholder, experience lies in the hearts of people going through it. She said that organisations must give people opportunities to do what they love to do and must listen to them. She added that acknowledgement should be where it starts from and concluded by saying that technology shouldn’t be thrown around for technology’s sake and must be incorporated only when necessary.
When asked about Engagement Surveys, Mr Sajjad Ahmed talked about Pulse Surveys which are trendier nowadays. He said that it is technology, mobility, and workforce that drives employee experience and cited the importance of organisations knowing where and how organisations are going to work. His concluding remarks were a beautiful analogy of Employee Experience to Tango, saying that it takes two to tango, just that here the tango doesn’t stop, nor does the music.
Taking forward the point of listening to employees, Mr Amit Sharma said that it is equally important to act on their concerns. He added that, like how a single key doesn’t work on every door, a single experience solution doesn’t work for every employee group. His concluding remarks were regarding promises made to employees, how it matters, and how it impacts the employee and the company at large.
Brief on Panel 2
A short presentation on the topic was delivered by Sidharth Baswal and Paniha Agrawal of the MBA08 batch, where they started off with the need for a discussion on Talent Acquisition. They went on to brief about topics such as talent crunch, evolution of Talent Acquisition across ages, talent ghosting, quit rates, etc. They ended their presentation by discussing about employee value proposition and briefly discussing the way forward.
The keynote address was kicked off by an interesting question to the students by Dr Roy Joseph, VP, HR and Services at a leading company- “Do you consider yourself learned”. He signified the importance of being a learner throughout one’s life and gave a lot of important insights as to the way Talent Acquisition has become the way it currently is. He concluded his keynote address by saying that one should always look at other factors such as curriculum, learning habits etc., when it comes to Talent Acquisition, and said that paucity of talent is something Talent Managers have no control over.
The esteemed panellists for the discussion were: Mr Priya Ranjan Kumar, VP HR, JSW Steel Limited, Ms Archna Bhardwaj, Senior Associate Director, KPMG India, Dr Manavi Pathak, Head, Talent and Leadership Development, Trent Limited, Dr Manoj K Prasad, VP-Talent Development and Digital Transformation, Reliance India Limited, and Mr Debashish Ghosh, VP and HR, Berkadia India.
Apart from raising pressing questions to the fellow panellists, Mr Priya Ranjan Kumar, who was also the moderator for the event, talked about how important it is to be present ready as well when thinking long term. He kept the audience engaged with his witty style, and also went on to talk about how we have reached to a stage of Employee Fulfilment from Employee Satisfaction and Employee Engagement.
https://campusutra.com/iim-amritsar-celebrates-international-yoga-day/Dr Manoj K Prasad started by taking opinions on what the biggest change driver would be, years down the line. He urged the students to stay relevant by improving the technology acumen, and said that it is an era of hi-tech and hi-touch. He concluded his discourse by assuring the students that technology will never replace humans on a deeper level, and emotions will always prevail.
Mr Debashish Ghosh commenced his address by advising the students that they should be able to explain any business in 45 seconds. He also urged them to be strong networkers inside and outside the organisation. He enumerated the challenged faced in hybrid mode- the most pertinent one being the non-standardized nature of it.
Ms Archna Bhardwaj engaged the audience by citing anecdotes, and asked the students what they are going to do in this world of extreme competition. She added that reshuffling, reinventing, and reimagining are the cornerstones for change management. She went on to say that Employee Value Proposition starts when a candidate is identified, and concluded her part of discussion by talking about how AI affects Talent Acquisition.
Talking about the prudency shown by companies in hiring, Dr Manavi Pathak said that the war for talent has made talent a very scarce resource. She defined employee value proposition across industries, and said that with the coming of a hybrid work model, traditional employee value proposition is being relooked by companies.
The sessions were followed by an engaging Q and A session between the students and the panellists. Submitted by IIM Amritsar PR Team
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