“In this era of change, the only differentiator for organisations will be their ‘people’,” Ramesh Shankar S

2019 will see the maturity of Industry 4.0 and the emergence of Industry 5.0. HRs will need to make organisations future ready, Ramesh Shankar S, EVP & head HR, South Asia, Siemens for HRKatha 2019 Forecast.

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More power to HR in 2019

In an era, where everything is changing, the only differentiator for organisations will be their ‘people’. Hence, it is critical for organisations to keep HR at the centre of business and organisation strategy. 2019 will see the maturity of Industry 4.0 and the emergence of Industry 5.0. The convergence of information /data sciences and manufacturing will see new dynamics at the workplace. If HR does not enable the organisation to create a future ready workforce, the organisation cannot be a winner in the marketplace.

“Multigenerational organisations are more of a reality than a fad today. They were existent in the past too but the differentiation in needs is predominant today and needs to be addressed”

The biggest challenge for HR in your sector

The biggest challenge for HR in our sector is attracting and retaining talent in the core sectors. While IT may look glamorous in the short run, manufacturing forms the structural foundation for any nation. India also wants 25 per cent of its GDP to come from manufacturing. Our ability to make the core manufacturing sector attractive enough to draw and retain talent will make us competitive in the markets.

“While IT may look glamorous in the short run, manufacturing forms the structural foundation for any nation”

HR technology will become a true ‘system of productivity’

Digitalisation is changing everything, including HR. It is going much beyond automation. We need to learn to embrace technology in such a way that all routine tasks are digitised, and people have time for more human touch and interactions.

Download the HRKatha 2019 Forecast – powered by Sodexo to read what the top 30 HR leaders predict for the new year

Technology will allow HR to be more human

It is not a dream but a reality today. However, technology will not enable human interactions. Human beings must realise the value of increased human interactions. Unlike humans, no technology or machines have emotions or the ability to make judgements. Hence, it is critical for us to ensure that we value and promote human interactions in organisations and society.

“We need to learn to embrace technology in such a way that all routine tasks are digitised, and people have time for more human touch and interactions”

Managing a diverse workforce

Flexible and adaptable policies and processes to cater to the needs of different generations will help us create synergies in the organisation. We have created an environment where all generations understand and empathise with the needs of other generations and create win-win situations. Multigenerational organisations are more of a reality than a fad today. They were existent in the past too but the differentiation in needs is predominant today and needs to be addressed.

HRKatha 2019 Forecast is powered by Sodexo

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