With phenomenal changes in global business, Human Resource Management too is a part of this change and this evolutionary process requires a revolutionary re-invention, according to U.A.C. Obeyesekere, Chairman, Technical Sessions, International Human Resources Conference 2012 of the Institute of Personnel Management Sri Lanka (IPM).
He was explaining the theme of this year's IHRC 2012 "The Evolving New HR Agenda", at a press briefing held last week at IPM Sri Lanka office in Colombo. The IHRC 2012 will be held on June 26-27 with the keynote address to be made by Horacio Quiros, President, World Federation of People Management Associations (WFPMA) while there would be host of national and international HR professionals lined up to make presentations. In his explanation Mr Obeyesekere said that to evolve this process visionary HR leadership is essential. Organizations should look at new critical success factors and this leadership would experience changing roles and capabilities to enhance their contribution in shaping business strategies for success.
He said that HR would play a catalyst role and go beyond the business partner to a role of driving business success. He said that traditionally HR has played the role of supporting organizational goals through the alignment of HR policies, practices and programmes. Mr Obeyesekere said that HR contribution to business is dependent on cost efficiency, customer satisfaction and the effectiveness of HR programmes to enhance capabilities, culture, attitudes and motivation. He said that HR must broaden its outlook on human capital.
Talent has many implications for HR strategy, organizational design, service delivery and competency building, he said. He said that by segmenting talent it is possible to identify 'Key Talent Pools' that can make a lasting impact on strategic success. To have a global mindset for HR, he said that in the competitive environment there is an ever increasing complexity of business problems which they face in the on-going process and to deal with such situations it is necessary to structure the business model of the organization to achieve a sustainable competitive advantage.
Air Vice Marshal (Rtd.) Rohitha Ranasinghe, President, IPM said that the IHRC 2012 theme was aptly formulated considering the rapid transformation of the HR discipline over the years and said that the people factor in business is a predominant aspect which cannot be undermined for whatever reason. (QP)