Hr shifts to core as trade
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Transcript of Hr shifts to core as trade
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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