Merchants’ Chamber of Commerce & Industry organised MCCI HR Conclave 2022 at Kolkata. The Theme of the Conclave was The Future of Work: HR for the Future.
Shri Adika Ratna Sekhar,Chairman and Managing Director, Balmer Lawrie &Co. Ltd addressed the Conclave as the Guest of Honour. The Inaugural Session was also addressed by Shri Rajeev Chalana, HR Director, South Asia, Vesuvius,Shri Nadeem Kazim, MD, Splice HR Works, and Shri Sandeep Banerjee, CHRO, Eveready Industries India Ltd.
The Central idea around the conclave was to look into the next decade and try to understand how employers, employees, technology, and leaders view the changes that are rapidly transforming the people parts of all businesses worldwide.
Shri Suresh Agarwal, Committee Member & Chairman, Council on Agriculture, MCCI in his Welcome Address said that the future of HR will be driven by automation and innovation, with automation and analytics becoming more critical than ever before.
The next generation of employees will demand better benefits, greater fairness and transparency in hiring, and a clear career path. To prepare for this future workforce, he suggested making smarter decisions faster than ever before.
Shri Adika Ratna Sekhar, Chairman and Managing Director, Balmer Lawrie & Co. Ltd in his address mentioned that in the next 5 years, 50% of the employees would need to reskill through active learning. The future would be driven by technology namely AI, AOT, Robotics and Big data management. To adopt these technologies, the organization must be more flexible and adaptable. Organization needs to embrace change to exist and remain in business.
Shri Sekhar further said that connecting with people would be increasingly important going forward. Leaders need to connect with the team and walk the talk.
Leaders need to be more empathetic and engaging with employees. The employees need to be more adaptable and flexible to reorient their skills and capabilities, he added.
Shri Shekar also opined that emotional intelligence is critical and Communication, Collaboration, Connection, and Clarity are the key drivers of human resource development, going forward.
Shri Rajeev Chalana, HR Director, South Asia, Vesuvius said that 85% of the employees who do not change with the new aged process, will not survive in the next 10 years. So, for today, future-ready organisation is a big challenge.
In the context new dimension in the workforce, Shri Chalana suggested that leaders need to ensure quality productivity as well as employee engagement in a big way. To make an organisation future ready, re-scaling and reshaping is important.
Mr. Nadeem Kazim, MD, Splice HR Works in his address said that the in today’s world, the rate of obsolescence of skill and knowledge is very high. Organisation always needs to be future-ready. HR needs to focus on continuous improvement and drive a culture of innovation.
In the context of Blue Collar Job, he deliberated that, if an organization can treat a worker as an officer, the worker can perform like an officer for that organization. By the end of the day recognition matters, he said.
Shri Sandeep Banerjee, CHRO, Eveready Industries India Ltd in his address mentioned that over the last two years organizations have witnessed disruptions in various fields and to address the same organizations need to be more flexible and invest more and more the capacity building.
Shri Banerjee also mentioned that organizations nowadays are ready to pay enough for better talent. HR plays an important role and needs to be more adaptive, and informative and ensure internal mobility.
Deliberating on the future prospect, Shri Banerjee mentioned that employees for tomorrow would have to be more flexible and adaptable and organisations need to be more engaging and transparent.
The Inaugural Session concluded with Vote of Thanks proposed by Shri Tushar Basu, Chairman,
Council on Human Resource Development, MCCI. In his address, Shri Basu said that Human Resources are undergoing a transformation today and it is therefore,an imperative for businesses to understand the changes that are underway. Conclave has been a step towards bringing diverse knowledgeable voices to the table to brainstorm and come up with some likely solutions.
The Inaugural Session was followed by two Sessions namely New Talent Landscape: Acquisition to Retention: Role of HR Analytics and Future of Work: Engagement and Inclusion.
The First Technical Session was addressed by Shri Ramaprosad Ghosh, ED, Digital Transformation, PWC India and Shri Rudradeep Basu, MD, Protiviti India Member Pvt. Ltd. with Shri Soumitra Poddar, Director, Strategic Services Consulting as the chair.
The First Session focused on critical issues like Chatbot, 777 Feedbacks, the Movement from descriptive to prescriptive analytics, etc. HR analytics gives more emphasis on data driven support.
The Second Session was addressed by Smt. Jaya Singh, HR Head, RSB Transmissions, Shri Nadeem Kazim, MD, Splice HR Works, Smt. Sreela Das Gupta, Global SME, Diversity Equity and inclusion, Global Lead PwD Inclusion, TCS and Shri Sribesh Beltharia, VP, HR, Shyam Steel Industries Ltd. with Shri Rajeev Chalana, HR Director, South Asia, Vesuvius, chairing the same.
The Second Session focused on key areas of engagement, inclusion, and diversity and how they are driving the top and bottom lines of an organization.