Flexicurity

The recent NHRD session was held at Hotel Savera on 30th and the speaker for the day was Saundarya Rajesh who spoke on the Broad areas of

(i) Diversity

(ii) Flexible working culture in Indian organizations

In terms of Cohorts classification India is almost same on the west but with few differences which are

Generation X in India grew up with a socialist Mindset but has adopted capitalism and Delayed Capitalism is not hindering them. They often rue about chances

E-Gen: This is the generation born between 1970 to 1980 which is very specific to India only. A very unique set which has had the best of both sides of culture. Contributes the highest number to attrition data. Very homogeneous in the desire to be heterogeneous i.e. in terms of career planning and orientation

Gen y: Who are aggressive consumers and are self motivated to be rewarded

An interesting fact which was shared was that annual attrition rate of Indian organizations is 17%

Diversity can be used to combat this type of attrition as has been used by companies like IBM and Accenture who have a seperate Diversity and Inclusion criteria.

In these organization Diversity and Inclusiveness becomes one of the KPI for the top management and has to be followed. The main criteria of diversity are

i) Gender

ii) Age

iii) Religion

iv) Experience

this helps a lot in organizations as it was explained because to grow in an organization you need the so called "Tribal Knowledge" which can be realized only by direct interaction with individuals and also in creating innovation which was explained with products like "Kurkure" which were developed by a diverese work team
and it also helps in battling attrition which was demonstrated by an example of an ITES sector where the average age of employees was 23 and it resembled a college locker room which was not pleasing the guests and management.

They were asked for solution and they came up with a diversity pattern of employing older men and women who brought in some calmness to the organization and thus helping the culture issue

The major topic was flexibility of work and work from home which was mostly themed on the Indian Working women and how on implementation it could help organization following which they moved on to talk about their organization's I-WIN product.

A crucial thing which struck my notice was the fact that while hiring people who have taken a break it is not the cost of recruitment which will trouble but rather the cost of re-skilling them to take on tougher challenges and that will only help people to help climb up to the top


Cheers

Arvind !!