Challenges of HRD Managers
Challenges of HRD Managers
Managers
SF CHANDRA SEKHAR
PROFESSOR, SSIM, NH44, SEC’BAD -100
[email protected]
Overview
Lets see
Competing in a Global Economy
As INDIAN companies prepare to compete in a global economy,
many are introducing new technologies that require more educated
and trained workers
In fact, today, over one-half of all jobs require education beyond
“high” school.
Successful organizations hire employees with the knowledge to
compete
Competing in the global economy will require more than
educating and training workers
Retraining the work-force
successful companies will institute quality improvement
processes and introduce change efforts (e.g., high
involvement programs)
Workforce trends
Technology Directions
Workforce Trends
Aging workforce
Protected labourforce increases in 45-50 years
Greatest rate of growth in 50-64 age group
Increasingproportion of workers will be older, women
and part-timers.
More diversified workforce
Workforce trends
Technology impact on workforce
Telecommuting
Growth rate seems accelerating
Changes workplace/superior-sub. Relations
Liability/workman compensation
Training
Criticalto maintain workforce skills as technology changes accelerate
Increasingly delivered through computers even for non-computer tasks
Shortfall in high-tech sector employees
Immigration to take slack
High-tech tasking will continue to move offshore. All will
come to india.
Students opt out of graduate programmes for earning in
lucrative high-tech jobs
Preponderance of start-up in this sector will continue to
drive up wages & total compensation
Jobs will increasingly require more education
Pay and advancement between minimal educated and more
educated will continue to widen
Growth rates for high skill jobs will be high
5% jobs require moderate on-the-job training
14% require slightly better for jobs requiring college degree
29% for occupations require Master’s degree
Technology Trends : Devices
Smart phones/internet phones
Smart cards
Wearable PCs
Global Positioning System in everything
Always know where you are
Transponders: always know where your car, kids, spouse, your stuff, your
employees are.
Privacy concerns
Technology Trends : Devices
Personal digital assistants
Voice enabled
Eventually include phones with gps, and digital music
Electronic paper
Robots
Not those silly one-armed industrial robots but those which respond to
your voice and do many things. Perhaps surrogate spouse.
Technology Trends : Devices
Digitalmusic devices
Video conferencing
Internet/intranet
No more standalone PCs
Application service providers
Mainframe power to PCs
In-home networks
Highbandwith
PC/TV convergence - SmartTV
Web Versions
Web 1.0 – The shopping carts & static web
Web 2.0 – The writing and participating web
Web 3.0 – The semantic executing web
Web 4.0 – “Mobile Web”
Web 4.0 5.0- Open, Linked and Intelligent Web = Emotional Web
Technology Trends : ECOMERCE