T A PAI YOUNG HR LEADERS
Facing an unprecedented slowdown, IT companies are undergoing a shift. Here’s what’s changing
IT companies like TCS, HCLTech, Wipro and Tech Mahindra are reorganising their businesses to wade through disruptions and prepare for Gen AI. TCS, under new leadership, merged AI and cloud operations into a unified AI.Cloud unit, responding to growing demand in cloud migration and transformation services.
Corporate travel sees a drop amid extreme weather, election heat
The industry expects corporate travel to pick up soon, with the arrival of monsoon rains, schools opening, and work life getting back to normal after the elections.
4 key competencies needed in a small business HR manager
Successful HR career requires superior soft skills and emotional intelligence, especially in small business settings.
Siddu, DK will take care of Bengaluru, mind your own business, Pai tells Congress in Kerala
TV Mohandas Pai criticizes Kerala Congress for attacking Rajeev Chandrasekhar and Bengaluru. Chandrasekhar contests against Tharoor in Thiruvananthapuram. Namma Bengaluru Foundation campaigns against steel bridge project due to alleged corruption and environmental issues.
Gender diversity, inclusion not just ideal, but a strategic necessity for businesses: Industry
The Indian IT industry has made progress in gender diversity, but there is still underrepresentation of women in top positions and boardrooms. Companies should offer flexible work options, mentorship programs, and robust support structures to support women's progress. Encouraging women's participation in STEM fields and bridging the gender gap requires institutional-level initiatives.
Budget 2024: Bengaluru’s industry leaders expect regulatory ease, clearer policies
Bengaluru’s industry leaders expect the interim Union budget to focus on resolving unfinished agendas and providing regulatory ease. The major ask across sectors is clarity on policies and decreasing tax disputes. There is a need for streamlining the income tax exemption process for startups and providing clearer incentives and policies for testing facilities. Increasing government spending in R&D and easing regulations for private individuals and family offices to acquire foreign startups would boost innovation.
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Celebrating leadership: Recognising managerial excellence
The eighth edition of the Great Manager Awards 2023 honoured and celebrated outstanding individuals and companies for their exceptional contributions to effective management
Startups crank up the heat on staff amid a funding winter
The current downturn comes after the dream run of 2021 when startups saw a hiring spree with massive pay packages, lucrative stock options, and exotic perks such as lavish joining kits, outings and weekend parties, health club memberships, and mindfulness and meditation sessions to attract and keep top talent.
No 70-hr week, but Adobe CEO Shantanu Narayen urges millennials to do whatever works for them!
The corporate leader, who was feted with a honorary doctorate at the Osmania University, emphasised that professionals should do what they want without looking at it as a victim.
Narayana Murthy finds a fan in Suniel Shetty, actor says tech titan's 70-hr-week idea will encourage millennials to go beyond their comfort zone
Entrepreneur-actor Suniel Shetty has now joined the chorus, throwing his weight behind the tech titan.
Tech Mahindra CEO comes to Narayana Murthy's defence, says 70-hr-week 'extends to self & country'; Radhika Gupta asks why no Twitter outrage on multitasking women; Anupam Mittal says it with a selfie
Marico Chairman Harsh Mariwala feels that for corporations must cultivate a culture rooted in transparency and trust that does not encourage gossiping, backbiting and politicking.
Should the Indian youth spend more time working? Internet divided over Narayana Murthy's 70-hr work week suggestion
In a recent interview with former Infosys CEO Mohandas Pai, Narayana Murthy, the co-founder of Infosys, has urged India's youth to commit to working 70 hours a week as a means to enhance the country's global competitiveness, but not everyone agrees with the stance. Narayana Murthy's remarks have ignited a lively debate on social media, with varying opinions.
How to build resilience in a post-pandemic hybrid workplace
The COVID-19 pandemic has led to significant changes in workplaces worldwide, with hybrid work arrangements becoming the new norm. Building resilience in this post-pandemic hybrid workplace is crucial for employees and employers. Resilience helps achieve business goals, brings teams together, and empowers individuals to face challenges with an open and adaptive mindset.
Aditya L1: young scientists, women trailblazers behind India’s solar mission
As India's first space-based solar observatory, Aditya L1, takes giant strides in its sun mission, what’s not much known is that it was a group of youngsters, and the country’s women in science back home, who made the endeavour a reality. This and more in today’s ETtech Morning Dispatch.
Armed forces veterans show true mettle as corporate leaders
An estimated 60,000-70,000 armed forces personnel retire or are released from active service every year, with a majority of them being in their early 40s. Tapping the pool of veterans not only adds to the diversity of the workforce but also helps meet shortage of skills in certain areas, company executives said.
Ex-Infy executive Richard Lobo joins Byju’s as HR advisor
The move – following Lobo’s 23-year career at information technology services integrator Infosys, where he last served as executive vice president and head of human resources – comes at a time when the Bengaluru-based edtech steers itself through massive layoff exercises and corporate governance crises.
ETPWLA 2023: Announcing the nominees for the HR Leader of the Year Award
As the grand finale of the ETPrime Women Leadership Awards (ETPWLA) 2023 draws near, the Economic Times takes great pride in presenting the distinguished nominees for the esteemed HR Leader of the Year Award. These exceptional female executives have established unparalleled benchmarks and reached extraordinary milestones in the realm of human resource management and leadership over the course of the preceding year.
Vedanta director Priya Agarwal Hebbar's message to women: 'Call yourself a leader, not a woman leader!'
The Vedanta Limited director plans to make the mining field more inclusive in the long run.
Women are dropping out of talent pipeline at mid-to-senior levels: Study
Top companies like Bharti Airtel, Vedanta, Larsen & Toubro, Tata Steel, Siemens, Genpact and Tech Mahindra are taking more steps to increase diversity ratios, including recruiting women from campuses by targeting women-only colleges or colleges with a higher percentage of women, women leadership programmes, offering remote working options and flexibility.
TV Mohandas Pai’s advice for young techies: Work 12-14 hours, keep learning and save
“In the first 10 years of life you have to work 12-14 hours a day to make an impact. Work life balance is fine but understand, work is life. HR will come and tell you about work-life balance, events, etc, but when they get laid off, what happens to you? You get laid off unless you are productive. If you compete with everybody and do better than everybody, then your job is much more secure.”
Thousands of mourners stand in line stretching 8 kms, brave 9-hr wait to say goodbye to Queen Elizabeth II
People said they didn't mind the wait, and authorities brought in portable toilets and other facilities to make the slog bearable.
Young and restless and aiming for a top corporate position? You may not have to wait much
Giving charge to a young generation, even if they are not completely ready, is now becoming a common trend. Organisations are placing big bets on young candidates who have the potential for senior roles, even if they aren’t 100% ready.
Mohandas Pai, Prashanth Prakash hail Rishi Sunak as the right man to helm the UK
“Highly educated, widely travelled he understands fully what the UK needs to do in a post Brexit digital world,” said Pai, who is also the former director at Infosys, the technology giant founded by Sunak’s father-in-law NR Narayana Murthy in Bengaluru. “As a young idealistic political leader, he fully understands the needs of the future and young British citizens,” he added.
Startup layoffs triggered panic among senior professionals: survey
About 30% of senior professionals at about 200 organisations employing more than 200,000 people are seeking opportunities in other industries such as IT services, supply chain, manufacturing, engineering, services and mature tech companies. Nearly 2,000 professionals responded to the survey. The senior executives seeking change are mainly in 34-38 age range.
Early stage gets funds as late stage still in ‘funding winter’
Seed and Series A investments rose 88% and 22%, respectively, in January-March over the same period in 2021, data from Venture Intelligence that was shared with ET showed.
How to build a responsible and resilient workforce, keep employees happy
Responsible and resilient workplaces are strongly associated with effective employee engagement, job satisfaction, and strong organisational commitment. The question is what steps should be taken to build a responsible and resilient workforce? Here are a few suggestions that could help organisations tread on this path. Organisations should adopt people-first approach
Startups roll out new-age HR policies to hold on to talent
Startups are eschewing cookie-cutter HR policies and thinking out of the box to introduce new-age policies and initiatives to better engage with their young workforce, which continues to work from home amid a resurgence in Covid-19 cases.
Campus recruiters facing new challenge at India’s leading management institutes
“One of the themes emerging out of the campuses this year is how the recruits are valuing flexibility. The campus recruits are looking for freedom and choice,” said Rajkamal Vempati, president and head, human resources, Axis Bank.
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