ICFAI Business School Organizes HR Conclave

Hyderabad, India, December 22, 2015 (Newswire.com) - Five senior HR professionals deliberated on the topic of the Conclave before an elite audience of over one hundred HR professionals from national and multinational organizations as well as startups. The five panel speakers were

Dr. Mahesh Joshi, CEO, Apollo Home Health Care

Mr. Sudhakara Moorthy, Vice President – Human Resources, Tata Projects Limited

Mr. Sunil Sankar, Vice President – Human Resources, CA Technologies

Mr.  Suresh Anabolu, Chief Human Resources Officer, GVK Biosciences Pvt. Ltd.

Ms. RashmiDeshpande, CEO, Crafting Capability P. Ltd.

Sharing his views, Dr. Mahesh Joshi distinguished between offshoot &de novo business models and emphasised the need for both back end & value systems to be strong in an organisation and the need for HR to be more agile and engaged in the present scenario. The HR function in his opinion should become a facilitator instead of a driver and its biggest challenges would be attracting & retaining talent.

Mr. Sunil Sankar emphasised the importance of HR and its use of technology to transform business. He foresaw that creation of methods for self-learning would be the biggest challenge. In his perspective, Mr. Suresh Anabolu said that every organisation is revisiting its way of doing business today. He characterised the changes in models as being based on differentiation or disruption with the latter posing much greater challenges. Ms. Rashmi Deshpande summarized the panel’s views by saying that youth, the spirit of entrepreneurship and technology are impacting the way business is done. The biggest challenge is handling the young and the best strategy would be to follow the African policy of ‘Ubuntu’ – ‘We are because I am’.

All the speakers laid great stress on two very critical aspects:

1.      Ethics and values must permeate all aspects of business

2.      Business needs to engage with society by showing a sense of Corporate Social Responsibility

Dr. S. V. Seshaiah, Director IBS Hyderabad initially welcomed the distinguished gathering and said that “The business environment today is in a state of flux. Traditional models of doing business are under siege from new models facilitated largely by technology and improved connectivity. Patterns of doing business are gradually changing from conventional, linear models to disruptive non-conventional models across a wide spectrum of businesses. In turn, these changes present a host of opportunities for managing people but also present hitherto unseen challenges.The Conclave organized to connect these dots in the new business paradigm and draw insights from HR managers who have the challenging task of managing people resources keeping the larger business context in mind.”

Dr Seshaiah further said that SMAC (social, mobility, analytics and cloud) will be impacting the business eco-system today and emphasized the need for a transformation of the HR function from boredom to the Boardroom. The HR function will be a critical success factor driving future business growth and the role of technology cannot be underplayed.

Senior HR leaders, functional heads, Consultants and Business Heads from as many as 75 organizations spanning IT, ITES, Manufacturing, Pharma, Bio Technology, Healthcare, Hospitality, Utilities and Automobile sectors were present for the conclave.

The event was able to project the challenges and opportunities for HR in the emerging scenario emphatically. As a clear outcome of the deliberations it is evident that academia has to look at their curricula in HR area and make suitable changes to meet the emerging situation. Industry has to play the role of a change catalyst.Prof. C Srinivas, Director Corporate Relations, IFHE, Sri RR Reddy, Registrar IBS, Senior faculty members and the corporate relations team from IBS were present at the conclave.

About ICFAI Business School: The ICFAI Foundation for Higher Education (IFHE) is declared as deemed-to-be university under section 3 of the UGC Act 1956. IBS (Faculty of Management) is a constituent of IFHE. Within a short span of time since it was established in 1995, IBS Hyderabad has grown impressively and achieved widespread recognition from industry, academic circles and professional bodies in the last 20 years. It is a premier business school that has been consistently ranked by independent rating agencies as one of the top 10 B – Schools of India. It is one of the first business schools in South Asia to receive the prestigious SAQS accreditation. NAAC, an autonomous institute of University Grants Commission has also accredited The ICFAI Foundation for Higher Education (Deemed to be University) with ‘A’ Grade with an impressive score (institutional CGPA)
of 3.43 out of 4.

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SudhakarRao

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Mob: 9848529385.