Human Capital Strategy: Getting the right people -an initiative by Dun & Bradstreet

Hyderabad|India|May'2010: Dun & Bradstreet, the world's leading provider of global business information, knowledge and insight along with State Bank of India, organized a Seminar on ‘Human Capital Strategy – Getting the right people’. This seminar focused on issues pertaining to HR policies prevalent within an organization and the growing role of human capital management as a business driver. It also threw light on the role of HR in the current market, the changing demographics and its impact on the workforce, across sectors such as ITES/KPO; manufacturing etc.

Discussing his views on the various measures that can be taken by HR managers, Mr. K Pandurang Rao Group Head – Human Resources & Administration IVRCL Infrastructures & Projects Ltd said, “Change is the order of the day and no one can stop it. A structured orientation programme for the employees will help proper functioning of the organization. With respect to recruitments, past experience is becoming irrelevant, and what is important is that the HR managers find the right talent that will work and recruit the right person for the right job.

Speaking at the conference, Mr. Prabir Jha, Senior Vice President & Global Head – Human Resources, Dr. Reddy’s Laboratories Ltd said “intrinsic motivation, influence, process, work activities, resources, customer context are the most powerful drivers of HR. Employees are willing to work in an organization where their skills are being recognized and respected. Entrepreneurial skills are the key for any organizations growth and 80% of the development happens with willingness to take risk”.