The disruptions brought about by the technological advancements are clearly changing the paradigms in almost all the sectors. HR is no exception and is being disrupted heavily with the advent of technologies including Artificial Intelligence, Internet of Things, Machine Learning and Robotics. Industry 4.0 is directly affecting the Education and the HR bringing up the concepts of Education 4.0 and HR 4.0. However, the human resource still has a sustainable competitive advantage that the organisations today can rely on. To further elaborate on the issue and to find out the resolutions, Jaipuria School of Business (JSB), in association with More Than HR (MTHR), organised a one-day HR Conclave on the Theme “HR 4.0: The Changing Face of Talent” on 8th December 2018. The HR Professionals from different sectors of the industry were invited to deliberate and discuss the very pertinent topic. The session was chaired by Dr. Aquil Busrai, CEO, Aquil Busrai Consulting and a doyen of HR who has mentored dozens of CEOs and CHROs. Other very renowned HR professionals who participated in the conclave include Mr. Rajesh Kamath, Founder of Chanakya Consulting Insights and the co-founder of MTHR; Mr. Adit Jain, Founder and CEO of Leena AI; Ms. Runa Maitra, Founder and Director of People Talent international; Ms Debjani Roy, Chief People Officer at SRL Diagnostics Ltd., India; Dr. Rajana Mittal, AGM and Senior Faculty Member at the Power Management Institute of NTPC, Noida; Mr. Sabih Ahmad Kidwai, Director, Learning Solutions and Director – HR at Schneider Electric Infrastructure Ltd.; Ms. Pooja Mallik, Group Head HR at DMI Finance Pvt.Ltd.; and Mr. Deepak Chaudhary, CEO at Audi, New Delhi, West.
The event commenced with the traditional lamp lighting ceremony to invoke blessings of Goddess Saraswati. It was followed by a welcome address by Dr S. K. Mahapatra, Director, JSB wherein he welcomed all the HR Professionals and expressed gratitude to them that they all took out time and participated in the conclave. The Chief-Guest, Dr. Aqui Busrai, in his inaugural address very beautifully delineated the various challenges and opportunities for the HR today and set the perfect stage for further deliberations. Mr. Rajesh Kamath treaded the wonderful journey of the group MTHR ever since its inception and also manifested the purpose of founding the group. The Key Note Speaker, Mr. Adit Jain, a very young entrepreneur talked about how AI, machine learning and natural language processing can streamline the HR processes. Today, the organisations are being run remotely as the workers no longer need to be present in the organisation to work for the organisation. It was a very interactive session and the participants, along with the keynote speaker, very minutely deliberated on the means to use the technology in a way that would make the employees more productive.
The panelists, during the Panel Discussion’, very wonderfully deliberated on the topic and came up with various fresh ideas which were indeed very critical to the development of the human resource and subsequently the development of the nation. The participants also discussed the changes brought about even in the recruitment process in the organisations today. Many very valid suggestions came up during the discussion which could help cope up with the disruptions caused by the technological advancements. The event finally concluded with a vote of thanks proposed by Dr Timira Shukla, Dean, JSB and presentation of mementos by the Director to the Guests as tokens of appreciation and gratitude. It is noteworthy to mention that the whole event was organised and co-ordinated by the PGDM students of JSB.