MUMBAI, (GPN): Human resources (HR) will play a catalytic role in handling success of organisations in the emerging organisational dynamics in the coming 10 years, said, Ramesh Iyer, Chairman, CII Western Region HR Task Force and Vice chairman and MD, Mahindra Finance, while speaking at the CII conference on “HR Strategies for the 21 Century Workplace” organised by the Confederation of Indian Industry (CII).
It is crucial to have a future ready business and a future ready workforce. The role of HR is increasingly becoming the key factor – right from recruiting the right talent, creating future leaders, ensuring employees are productive and overall talent management is becoming extremely crucial.
“In the next five years, many jobs could get replaced by technology. Identifying skills that are going to have more long term requirement and building skills that are having a long runway is important for organisations and individual alike,” said Ajay Srinivasan, Chief Executive- Financial Services, Aditya Birla Group.
We are never to going to stop the technology’s march ahead, whether we like it or not. So, a lot of jobs are set to be replaced by technology. This is going to be a big social issue in the years to come in India, if we are not going to solve the problem by quickly developing skills and increase employment opportunities for the bulk of people who are doing ordinary jobs today, said Srinivasan.
Describing technology as a ‘double-edged sword’, Srinivasan explained that the positive side of it is that it makes people more productive.
Explaining that disruptive innovation was the ‘new normal’, Mr Srinivasan said leaders must be able to look for opportunities even in adversities and challenging situations, like a marathoner does. Whether we look at disruption as a threat or opportunity depends on the individual’s mindset he explained.
“So, you have to have the spirit of a marathoner in every step and moment on the way and get moving towards the goal you have set for yourself,” Mr Srinivasan added.