HR shifts to core as trade partner in cos like HUL, Godrej, Essar Group,

MphasiS, LG Electronics and others

Elaborated by

Saumyah singh

An Overview “The need to have a rounded experience in business is becoming more and more important for HR managers as both companies and markets are becoming complex. What is now required is a multi-dimensional view." 

- MphasiS's chief of HR Elango R

HR trait shift:

 

A human resources job is no longer about soppy heart-to-hearts with employees, celebrations, compensation charts and

appraisals.

LIVE EXAMPLES: HR managers at Becton Dickinson (BD) are out in the market with the sales team. HR managers are keen to understand the work process in such markets and gain first-hand knowledge on closing sales deals.

"The output of HR is increasingly getting tied with business results," says BD India Director (HR) Manish Sinha. "

HR meets business:

HR is getting closely linked with business operation, revenue and profitability in a growing number of companies in India, with the belief that it helps increase productivity due to a better understanding of the business and ensuring that hiring is right-sized, reducing cases of skill mismatch.

Trend paced up !

 The trend - now picked up by corporate like :Hindustan Unilever, Godrej, Essar Group, MphasiS, Hinduja Group LG Electronics

 Sources say it will help better utilize its resources and move a large part of the fixed

cost to variable cost

HR

BUSINESS

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