I remember going to visit my grandparents in Calcutta - it was not called Kolkata then. The grandparents, my parents, their siblings and their kids and eventually the kids of the erstwhile kids. Everyone came together under one roof for the two summer months, turning four nuclear families into one joint family. Chaotic and unruly at times, but definitely a lot of fun. That was my first taste of a joint family. The summer months had the same predictable pattern. My grandma was an avid story teller. My cousins and I would sit around and listen to the same stories every year... fascinated. Then we became teenagers. The stories seemed repetitive. We wanted to do cool stuff or else we would be awfully bored. So my grandparents took on the responsibility of taking us to see some English film about Tarzan. My cousins and I rummaged through the old Tarzan comics in anticipation. I don't remember the name of the film, but in this film Tarzan was spending disproportionate amount of time coochie-cooing with Jane than the apes. My grandparents shunted us out of the movie within the first ten minutes so as to prevent us teenagers from being corrupted by such films. We were all disappointed because we were just beginning to be curious about such stuff and welcomed any knowledge updates. Four generations of people living under the same roof was chaotic. Everything got amplified. The fights were louder. We had to share everything - from the books to the goodies. Most of the fights were around the question of who was getting all the privileges. Despite the chaos it was a lot of fun. The adventures got more daring every year. After a few weeks of this chaotic loud living, summer would come to an end and with the first spray of the monsoons, I would return back to Delhi and settle down to a quieter life. The cousins wrote letters to each other. The letters were all about how we would be spending the next summer. Despite the chaos, we all missed being together and waited impatiently for the year to go by. We would make notes of stories we would need to share with the cousins when we would meet. By the time we did, those stories seemed meaningless. Then one day, it all started to change. Grandma passed away and then grandpa followed. Then some aunts. The cousins moved out to different countries as they went to college and started to work. And then the other day, there was feeling of deja vu. I knew I had seen it all before. Except that this time it was multiple generations in the workplace.
ORMSCan Math help improve HR mandates in an organization? This was a question I posed to Atanu Basu while I was interviewing him for a blog post I was doing on Predictive Analytics for HR. Atanu works for this firm called DataInfoCom who have been working on solving a bunch of business problems for companies like Dell and Microsoft. Since then I have been talking to him about potential opportunities for building Predictive HR. Recently the Operations Research and Management Sciences Today magazine in their October 2010 issue printed the article Atanu and I co-authored on possible opportunities for using Predictive Analytics for four major areas of HR. Here is the article that appeared in the ORMS Today magazine.Listen randomly to ten interviews of Global Fortune 500 CEO’s and you will hear them mention “it is all about the people” in the company. HR professionals have the important mandate of making a business successful by acquiring, engaging, and developing talent. While some corporations are legendary for their people practices – GE and PepsiCo come to mind – most companies still go about the business of talent acquisition, retention, and development the same way they did in the past. While there has been intent, in the absence of the appropriate tools, HR and business leaders have found it challenging to deliver on the HR agenda. Predictive Analytics and related technologies have the ability to transform HR as we know it. We started exploring this area over a year ago.Let’s look at the HR mandates and explore how predictive decisions can deliver business value.
The Wall Street Journal was doing a story on How to Get Hired at Wipro. Then we got talking about things like Leadership Qualities that help people succeed at Wipro and of course the vital question:What helps an individual grow at Wipro?My answer: First would be strategic leadership. This would involve an individual’s understanding of the business environment and ability to inspire people in that direction.The second quality will be customer-centricity. Your customer decides whether you have met their expectations or not. Thus, to grow you need to understand customer priority.The third would be to work in collaboration to get a multiplier effect. This is a huge trade quality one must have. For example, as an individual you are able to achieve X and someone else achieves Y. Instead of working to get a collaborated result that is a sum of X+Y, people should instead work to get a result that is X x Y.Building talent will be the fourth. This helps in promoting different styles of doing the same thing. There is a widely known 70:20:10 model of development that describes what helps people to grow. According to this model, 70% of a professional’s development happens from experiences gained while at the job. If the job is challenging enough it contributes 70% to the individual’s development. Some 20% is driven by the kind of mentor you work with at a level senior to yours and the remaining 10% comes from the formal inputs and classroom sessions you have. Coaching is a significant part of development. The more conversations you have with an expert the more you learn.
Bharatpur for me is much more than the national park. It was about discovering the flavor of Raga Lalit. That morning in Bharatpur, I woke up early. I stared out of the window and looked at the first rays of the sun. It was cold and I sat up in bed still wrapped up and snug in the crumpled sheet. The gardener of the hotel was busy watering the gorgeous flowers. His day must have started early. All India Radio was playing Raga Lalit by Ustad Bismillah Khan. Bismillah is a word used to invoke God's blessings before the start of anything auspicious. The old transistor had seen better days for sure. Yet all that did not seem to matter as the gardener went about stooping over the marigolds and showering them before patting away extra water from the leaves. The fog had not yet lifted fully. The notes of Raga Lalit wafted through the fog ...
Peter Cappelli is the Director - Center for HR at The Wharton Business School. The author of a very insightful book The Indian Way - How India's Top Business Leaders Are Revolutionizing Management and of course Talent on Demand. He has been a thought leader in the area of Talent Management. His recent study done for PWC stirred up a lot of HR professionals. (If you haven't read it, you should and share it with your HR team as well the business leaders.) I asked him a few questions about what he would advise HR professionals at the entry level and also the experienced ones. Read on for more.
Chapal Mehra has chaperoned many well known books into the market. I asked him all the questions that plague first time and most ignorant authors like me. Here is a sample:Abhijit: What are some of the watchouts for first time writers when they sign a contract with a publishing firm?Chapal: Most professional publishing firms have standard contracts which they are not open to amending. It is the way they do business and these cannot be altered to every author’s requirement. In fact they are mostly standardized across organizations with a few changes here and there. As a first time author you need to know what you get into a contract with the publishing firm for :Copyright: Understand the difference between copyright and the right to publish.What territory are you signing the book deal for? Do you want to keep US and UK or Europe rights for yourself?Please check the royalty clause. Are you happy with what the standard royalty is ? Usually it’s the same across publishing firmsPlease check the subsidiary rights. Do you want to give up or keep –translation rights, film rights, tv series rights etc. In most cases I would advise its best to let the publishing company keep these unless you want to do something with them or you think it will have enormous potential which you have a strategy to exploit.If its an advance contract what are your dates of delivery? What are the conditions associated with non- or late delivery?Its always good to discuss the contract with your editor to also understand why the organization is offering the contract that it is . Most large professional publishing firms are not out to rob you. But its important for you to understand their thinking.
