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REINCARNATION OF HR

An Approach to Adapt & Embrace Uncertainties

one are the days when the bulk of human In this setup, a company needs to leverage its core
resource activity was confined to administrative competencies, emphasise core values & encourage
Gtasks such as payroll processing etc. The innovative solutions.
accelerated transformation witnessed by the human
capital in an organisation regarding their job portfolio So what is driving this evolution in the HR
to cater to unique business demand has necessitated a function?
change in the HR function’s role. Today, the HR function
is no longer just an enabler. Instead, it is critical to The scramble for talent
chart the business strategy and company priorities and
prepare the organisation for change. In effect, the HR Chronic skills gaps combined with a mismatch
function is at a phase of reincarnating itself, evolving between demand and supply of critical talent has
into something much more substantial in the new been a crucial issue in an organisation while they
workplace era. get involved in resource planning in line with their
business requirements. Majority of the Business
The bottlenecks that many businesses encountered leaders today can devote only a limited time to future
during this pandemic have made it challenging and workforce planning resulting in more than 50% looking
critical for its survival in the long run. HR being a to outsource all or part of their talent strategy &
business-enabling function is required to innovate recruitment process in the next five years. To reach new
& align its People Practice strategies to identify real heights in retention and engagement of knowledge-
constraints, probe what makes it more challenging, economy-millennial-workforce, HR has started aligning
explore resolutions with an open mind and choose the employee goals with business and corporate objectives
right option for quick results. To come out of this critical through a combination of performance, reward,
phase, the business must set a culture which promotes communication and tailor-made employee value
adaptability and embraces uncertainties. proposition.

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