'Samiksha' at NITIE, Mumbai Reached Successful Conclusion

'Samiksha' at NITIE Reached Successful Conclusion
Theme: "Aligning HR Strategies With Changine Business Strategies"
Post-event Press-release

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Next to decipher the topic further was HR Head of P&G India, Mr. Mohit Nayyar. He covered various aspects of Mergers and Acquisitions, giving example of the P&G and Gillette Merger. He pointed out that for mergers to be successful, right kind of mix between the organizations is mandatory. He also brought out some key points that are responsible for the success of any organization.

For example, a clear business plan, making a right choice on what's "nice to do" and what's "need to do", and finally the importance of "people first" approach, because ultimately they are the people who can make or break a process. His presentation gave an insight into the success mantra of most of the successful organizations.

Commodore Dilip Mohapatra, Global Head (Learning and Development), TCS, was the last panelist to address the audience. His witty remarks, eloquent style of interaction with students infused a new zeal in the event and gave some new direction to the topic, which was so far unexplored. Present day HR dilemma, Human Resource Outsourcing (HRO) - a boon or bane, covering aspects such as what to outsource, what are the intimidations against outsourcing, etc., were brilliantly explained by him with occasional quoting of real time examples from his professional as well as personal life. He stressed that strategic HR planning, policy formulation, core competency; cultural values, etc., are an integral part of any organization and impart a unique identity to the organization. Thus, they stand completely out of the domain of outsourcing. According to his conventions, there is no magic talisman for compatible and fruitful outsourcing; rather, in essence, it is a process, which should be scripted with vision and objective of organization.

Panel discussion was the crescendo of Samiksha. Almost all questions hovered around M&A, Attrition and HR not getting the due recognition in industries. Mr. Srinivas Macha, Associate Vice President, Aranca, moderated the panel discussion. Panel agreed in unison that to get the hitherto denied decorum, HR needs to be so much competent and capable that it should leave the obvious traces of its footmark on the beaten track that leads to the goal of organization.

Commodore Dilip Mohapatra divulged the epitome of issue of Attrition and Retention when he said, "unless the top management is talented, the top talent cannot be retained." While taking on a question related to M&A, Mr. Nayyar dwelt upon the importance of Cultural Audit, which, in itself, is a burgeoning trend in the arena of acquisition.

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Contributed by -
Rishabh Srivastava & Ravi Prakash,
Members, IE Times,
NITIE, Mumbai.

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