How Can HR Leaders Light The Way For Business Sustainability

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How Can HR Leaders Light The Way For Business Sustainability

27 Jan 2023
- admin
- Leadership & Management
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Organizations have been experiencing profound upheaval in recent times driven by situations out of the ordinary. As the world started to emerge from the COVID crisis, came the Russo-Ukraine conflict and then the re-emergence of Covid albeit with regional implications. Businesses are undergoing a roller coaster ride and with the imminent threat of looming recession, the future looks uncertain. The situation requires businesses to rethink strategy and adopt a nimble approach. It is obvious that workforces need to be on their feet to challenge norms and emerge stronger and more resilient. The role of the HR professional is key in this context and can play a major role in making organizations resilient and sustainable businesses in the long run.

Working styles have changed dramatically and changes are being witnessed in the way societies operate and how individuals interact and work. The new order has evolved to hybrid working models, reallocation of resources, and increased automation to keep pace with individual and organizational needs.

Management systems based on hierarchical models that are bureaucratic and control driven are no longer effective in this scenario. Flexibility and responsiveness led by interpersonal connection are being driven further by digitization, transactional agility, cost control and shifts in demographic profiles.

Managing in this complex environment is a task that requires HR professionals to rethink the basics and come up with working models that are creative, open to adaptability and are resilient. The hierarchical models have given way to teamwork and nurturing talent is the order of the day. The paradigm shift to a humane working environment hinges on creating an experience for the employees that is collaborative and meaningful. This is the future for organizations as they look to make their businesses resilient and sustainable.

The role of the HR professional is key in the current context and can play a major role in making organizations resilient and a sustainable business in the long run.

What Is The Significance Of Building Business Sustainability?

The key to creating a vibrant and sustainable business is to get all employees engaged. This requires a rethink of traditional HR practices. While these are some initiatives which business leaders are taking to make sustainable businesses, they are by no means comprehensive.
- Defining Organizational Identity – A step in this direction is for HR professionals to help identify and radiate the organizational purpose, value, and culture. This requires a realization of the core purpose of the business and how it can make a positive contribution to society. Helping to nurture employees with a sense of purpose and integrating these attributes into HR practices of recruitment, development, and succession planning is the way forward.
- Identifying And Reallocating Talent – HR leaders should be keyed to identifying talent in their organizations and reallocating them keeping in mind their business strategy. By nurturing talent and their reallocation into roles that are critical and drive value, organizations can build a framework for business sustainability. This requires a radical shift from hierarchical models of working to dynamic ones.
- Creating A Positive Employee Experience – Building a successful organization requires employee experience that is personalized and motivating. This when aligned with the core purpose and drive a stronger performance at employee, team and company level. HR professionals have a critical role to play in forming employee experience. This helps organizations work to achieve a better team morale and positive mindsets.
- Building Agile And Flat Organizations – Agile organizations are able to better tackle an unpredictable environment as they adapt and react faster to complex situations. These organizations are customer-centric and driven by teams that have a shared purpose. Organizational agility also improves employee satisfaction besides leading better organizational performance. Transitioning from hierarchical models to flatter and helps employees to improve performance. HR leaders can be instrumental in this shift towards building a sustainable and resilient organization for the future.
- Creating A Culture Of Learning – Reskilling and upskilling of are linked to processes that help employees learn new skills that they can use to advance in jobs or in new roles. This helps to expand the skills of employees and help organizations to respond to shifts in skill demand. Upskilling and reskilling allows organizations to fill the gap of changing demands while remaining invested in their current employees. HR professionals should be keyed in building an ecosystem that helps employees to embark on a learning journey thereby reducing attrition as well.
The key to creating a vibrant and sustainable business is to get all employees engaged. While these are some initiatives which business leaders are taking to make sustainable businesses, they are by no means comprehensive.

Conclusion

Going forward, how an organization responds to challenges could determine whether it is an employer of choice. Challenges that confront businesses keep changing and multiplying. Organizations are under pressure to deliver financial value along with sustainable and equitable impact. HR is about driving business outcomes with all the tools at their disposal. HR professionals should be able to determine strategic requirements of business and the talents/ skills required to accomplish the work. A nuanced understanding is needed from HR leaders to maximize the organization’s potential.

HR leaders are increasingly adapting and adopting a comprehensive strategy to build organizations that are sustainable with a long term vision. Supported by technology and having a people first approach is boosting engagement, retention, productivity and creativity. It is a win-win for employees and companies.

HR is about driving business outcomes with all the tools at their disposal. HR professionals should be able to determine strategic requirements of business and the talents/ skills required to accomplish the work.

One Year MBA In HR At SOIL – Building The Nextgen HR Leaders

SOIL Institute of Management – one of the top MBA colleges in India, was established in 2008 with an aim of building the next generation of business leaders with character, competence and enthusiasm. The core thought process was built on the belief that businesses could look to create social good and holistic development in their normal course of operations. This vision led to a teaching methodology that could inculcate inspired thinking and consequently inspire actions in the business leaders of the future.

The SOIL one year MBA in HR management focuses on developing HR Leaders with a global perspective who are equipped to handle the workload of an HR Manager / professional in various industries and situations. This program allows young professionals to evolve a high level of self- awareness regarding their leadership style, thus making them better prepared for new roles.

SOIL Institute of Management’s one year MBA – PGPM in Human Resource Management introduces the fundamental principles of Human Resources and Organizational Behaviour to develop a career in Human Resources Leadership.The SOIL MBA PGPM in HR program presents an outstanding opportunity to explore the critical areas of human resources management along with a comprehensive knowledge and understanding of the key functions of management and business.

The SOIL one year MBA in HR focuses on developing HR Leaders with a global perspective who are equipped to handle the workload of an HR Manager / professional in various industries and situations.

FAQs
What is the role of HRs in the current context?

Organizations have been experiencing profound upheaval in recent times driven by situations out of the ordinary. As the world started to emerge from the COVID crisis, came the Russo-Ukraine conflict and then the re-emergence of Covid albeit with regional implications. Businesses are undergoing a roller coaster ride and with the imminent threat of looming recession, the future looks uncertain. The situation requires businesses to rethink strategy and adopt a nimble approach. It is but obvious that workforces need to be on their feet to challenge norms and emerge stronger and resilient. The role of the HR professional is key in this context and can play a major role in making organizations resilient and a sustainable business in the long run.

What Is The Significance Of Building Business Sustainability?

The key to creating a vibrant and sustainable business is to get all employees engaged. This requires a rethink of traditional HR practices. While these are some initiatives which business leaders are taking to make sustainable businesses, they are by no means comprehensive.

Defining Organizational Identity

Identifying And Reallocating Talent

Creating A Positive Employee Experience

Building Agile And Flat Organizations

Creating A Culture Of Learning

Is an MBA worth it for HR?

There are many reasons why a career in HR is highly regarded. MBA courses with a focus on Human Resources Management study the effective use of human resources in an organization through the management of people-related activities. Over time with the inclusion of data and technology in every field, you might need to hone a few technical skills too. To begin your career as an HR professional, you must work on building attention to detail, confidentiality, communication skills, initiative-taking, planning, problem-solving, proactiveness, time management, and conflict resolution skills. SOIL Institute of Management has an HR management course that focuses on human behavior in organizations, and most programs offer courses on psychology and best practices in organizational behavior. An MBA in HR will also help explore innovative workplaces, deal with company pressure, and foster human-centered approaches in an organization.

How much does an MBA in HR in India cost?

MBA in HR Fees in IIMs and other top MBA colleges offering MBA in HR runs from Rs. 15 lakhs to Rs. 20 lakhs and the fee in other B-schools is between 8 to 15 lakhs. Head over to this link to take a look at the fees and schedule of payment details for the PGPM-HR program.

What is the admission process for the one-year MBA in Human Resource Management?

Our unique selection process is crafted in such a manner that it helps us assess the holistic personality of a candidate. We focus on multiple intelligence and try to assess the attitude along with the competence levels of a student. This approach makes an effort to recognize the innate talent in its applicants to derive the right fit. The process involves assessment on a mix of parameters like test scores, academics, extra and co-curricular, and achievements.

The admission process entails –

Submitting an online application

Complete SOIL Leadership Assessment Test (STAT)

Personal Interview

Admission Decision

Program Registration

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What is the role of HRs in the current context?

What Is The Significance Of Building Business Sustainability?

Is an MBA worth it for HR?

How much does an MBA in HR in India cost?

What is the admission process for the one-year MBA in Human Resource Management?

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