FICCI HR Summit

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The Federation of Indian Chambers of Commerce and Industry (FICCI) along with its principal partner, CareerBuilder India, organized a conference on Human Resources titled “HR Best Practices” in New Delhi on 7th and 8th November 2016.

The event was attended by nearly 500 delegates from across the industry and needless to say that it was an absolute lively one. The second day of the event was as exciting and interactive, just like the first one.

The future of recruitment is right here, and it is technology that has been driving the dynamics of the same considerably. With the advent of technology in the domain, the overall concept of talent acquisition has undergone a drastic change. Gone are those days when recruiting and hiring candidates used to be a manual process and employers often relied on their gut feelings while making a hire. The advent of technology, an increased use of Applicant Tracking Systems (ATSs) have completely revamped the way recruitment is conducted these days.

A brief introduction to Human Resources (HR) and technology, in general, was followed by the day’s first session. The panel discussion focused on the concept “How Technology is Changing the Landscape of Talent Acquisition.”

Moderated by Mr. Sreekanth Arimanithaya, MD, Workforce Management, CSC, the discussion saw panelists like Mr. Premelesh Machama, MD, CareerBuilder India, Mr. Prashant Bhatnagar, Senior Director, People and Culture, Hike Messenger; Ms Rinku Kaul, MD, Talent Supply Chain, Accenture, and Mr MVS Murthy, Chief People Office, Future Company, presiding the chair.

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FICCI HR Summit

These leaders came up with their opinions regarding the current scenario in the talent acquisition. HR has undergone a tremendous change since the evolution of organisations. Sreekanth Arimanithaya focused on the challenges faced by organisations about talent acquisition in the present times. He mentioned that even top organisations like Toyota and Amazon had faced challenges in talent acquisition and even retention. However, these organisations have been smart enough to renovate their entire recruitment process with the help of analytics and predictability. By focusing on an algorithm based model, these organisations have successfully tapped talent and engaged them.

FICCI HR Summit – Key Insights

Arimanithaya’s speech on HR was followed by Rinku Kaul’s discourse on how robotics and artificial intelligence has turned the tables for talent acquisition. She went on to focus on the changing dynamics of the present day talent acquisition in current times and how technology has revamped the whole system. The introduction of artificial intelligence and robotics has been highly instrumental in transforming the domain of HR to what is it today. Organisations have embraced complete automation of the recruitment process which has been able to smoothen the tough task of hiring and recruiting. Digital disruption in HR has been able to transform candidate experience in a positive way and also the time to hire has been reduced considerably.

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Kaul’s session was followed by the audience being addressed by Mr Premelesh Machama and Mr Prashant Bhatnagar – where, Mr Machama focused on the idea of technology empowering people and processes. He emphasised the importance of technology in recruitment and how candidate experience is essential in nowadays. He also spoke about the significance of implementation of big data analytics in HR; that would eventually ease out the process of the recruitment industry.

Next speakers of the session, Prashant and MVS Murthy, addressed the concerns surrounding present days’ recruitment processes. Both of them focused on the importance of implementing analytics in HR and candidate experience. The significance of onboarding practices was also touched upon by them to a great extent.

The second session of the day comprised a few presentations on topics such as Employee Engagement by Mr Rajesh Kumar, Head, Sporting Solutions, Sportzconsult, Mr Unmesh Pawar of Accenture and Ms Karuna Ahuja of Chrom Consulting.

The presentations were followed by the next panel discussion of the day that focused on empowering thorough HR apprenticeship. Speakers of the session, Ms Anu Gupta, Head Skills Development, DFID India; Mr Rajeev Khurana, GM, Vocational School and Training Academy, Maruti Suzuki India Ltd. And Mr Pawan Yadav, Plant HR Head, Subros Ltd.

This session of FICCI HR Summit focused on the ways of empowering HR through apprenticeship. The speakers stressed on leveraging the power of learning in an organization and how can benefit from the same. They also emphasized on the fact that industries should be encouraged for apprenticeship adoption and in a way empower the HR as well.

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