How do you evaluate the contribution and relevance of HR function in present Business scenario? Is it staying ahead or lagging behind?
AS HR, as a function, has made phenomenal progress from being a classical support function to a function which is at the fulcrum of the business. You can’t have a business without talented people, effective leadership, enabling organisation and aligned culture – and this is exactly the contribution of HR function to the business.
As the world of business is getting more competitive, monopolies/duopolies getting wiped out, as the war for talent is getting fiercer, as the traditional organisation designs are getting obsolete due to changing nature of workforce, and as the leadership styles are getting more enabling, the organisations need an effective HR function to drive the business. History tells us that organisations that have withstood the test of times, have grown and survived through oscillating business cycles, have all been Talent Masters and have focused on people and their...