May - 2016 - issue > CXO Insights
Changing Contours in IT: Emergence of Holistic People Strategies
Subhashini Sriram
Director - HR-Unisys India
It's no secret that a company's biggest competitive advantage today is its people - smart, creative, tech savvy professionals are the need of the hour. And given that top talent is in short supply, successfully attracting, engaging and retaining the right people is also one of the top organizational challenges. This calls for an integrated, holistic approach towards talent management which takes into account the entire lifecycle of an employee.
As organizations strive to attract and retain top talent in the face of rapid technological changes, competitive market forces, changing workplace practices (cross-border teams and virtual/flexible teams), and increasing customer demands, HR teams are increasingly integrating all their functions and workforce management practices so as to align with the needs of the business. It is imperative that HR teams take a proactive approach towards integrating all aspects of the employee lifecycle including onboarding, engagement and retention to plan for current and future workforce needs. This is also one of the biggest challenges facing IT companies today.
According to a report by NASSCOM titled 'Reimagining HR in a Changing World 2015', 87 percent of HR leaders cite employee engagement and culture as the biggest challenge. The fact is that not only are the needs of the business rapidly changing, but so are the needs of employees who take into account multiple factors before choosing their employer.
Changing Needs of the Business
|
|
More articles from this issue
