Human Resources: Present and Future in India

Are you certified to sustain the change?

According to an SHRM sponsored study conducted by the Economic Intelligence Unit (EIU) India’s total labor force in 2020 is estimated to be 602 million, almost 4 times that of the US at the same time India’s rapid growth has elicited a range of reactions from world economies and organizations – from cautious optimism to unequivocal conviction that this is the market to focus in the future,

What does this mean? This means that organizations have a bigger, far more challenging task in the areas of employability of this workforce. It also means shaping this huge potential into sustainable talent that organizations can hire and transform into business drivers. This by far will be the biggest challenge faced by the HR community. Their level of readiness to face this challenge is what must be developed now.

Advancing the HR Profession in India:

The SHRM sponsored EIU study is titled Global firms in 2020 – The next decade of change for Organizations & workers. Most respondents shared is that they expect globalization to have the biggest impact (positive or negative) on their organization. 47% believe that economic opportunities for their organization over the next 10 years are greater in India than China.

Wherever globalization is discussed and debated one common theme does emerge the shifting talent equations. As boundaries dissolve developed markets decelerate and emerging markets rise – talent is the single most impact asset. As the world’s economy shifts its business focus to developing economies like Brazil, India and China at the heart of this focus lies India with its vast workforce and demonstrated capabilities in the services sector. The talent base that is latent in India continues to increasingly attract the attention of global MNCs. This entails that the role of the Indian HR professional is undergoing a drastic shift and operates with different perspectives as compared to the past.

Increasingly it is imperative to simultaneously enable global integration and local responsiveness. This will involve managing diverse workforces (multi cultural, multi generational and gender) ensure scalability of talent, integrate multigenerational workforce prepare for evolving workplaces (multi locational, virtual) and balance multiple priorities between business performance, growth and developing social responsibility and building sustainable organizations

Society for Human Resources management:

Globally as well as in India SHRM has evolved in initiatives and activities that focus on knowledge enhancement and scalability of the HR professionals to enable them to work more closely with the leadership teams as business partners.

For example, SHRM has partnered American Institute of Research to asses the state of HR education across universities. One of the key findings was that the students were concerned to find job posts as an HR, their qualification and their perceptions was that HR needs to increase its influence within organizations. This sets up the agenda for SHRM to sharpen the focus of the value that HR brings to the organizations.

One way of sharp focusing was to introduce certification as a process to ensure higher standards. One of the ways in which SHRM India provides the focus is by providing Global Certification in HR.

HR certification demonstrates mastery of the HR body of knowledge and  is widely accepted as a symbol of professional achievement. It is a career long commitment that shows that as an HR professional one has mastered the core HR principle and has remained dedicated by staying current in the profession. It is an achievement that opens doors to a new level of responsibility and endless opportunities. Each level of certification proves the mastery of essential skills and knowledge in the Humans resources profession.
Excerpts from Education Times

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