HR will be dead by 2020 – Vineet Nayar at the 14th National HRM Summit

The 14th HRM National Summit of AIMA featured some of the top HR professionals and delegates from Industry, Government, Media, and Academia.  Below is an excerpt from an enlightening speech by Mr. Vineet Nayar, Founder, & Chairman Sampark Foundation and Former CEO, HCL Technologies at the 14th National HRM Summit on the topic ‘HR Organisation in the Age of Automation’.

Vineet Nayar addressing 14th National HRM Summit

Vineet Nayar addressing 14th National HRM Summit

When I talk to HR community I am reminded of a CEO I met a few years ago. This was the CEO of the company called Kodak and especially people of my age would remember that each one of us had a Kodak moment of our life where we took very selective photographs because you could take only a few photos at a time. The world was different at that time, it has changed now. And When I met that CEO I asked him “Didn’t you know that the digital photography will make Kodak, as a company, obsolete?”. He told me that he knew about it at least 10 years before. I am an advisor to the McKinsey Leadership institute when I met the McKinsey team which was involved in advising Kodak, I asked them that if they knew ten years in advance that Kodak was about to die why didn’t  they do something about it. They told me that they did  a very interesting research, over 6 decades, of the companies who lost their market share and there were two conclusions: Anybody who loses market share or becomes obsolete knows at least 5 years in advance that they are going to become obsolete and the only reason they become obsolete is because they don’t do anything about it. So they were the part of the gang that became obsolete.

So one thing I would definitely predict is that the HR is going to be dead by 2020. The three megatrends change happening in the world will make the HR job obsolete.

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TV Mohandas Pai talks about ‘Automation’ at 14th HRM Summit

AIMA organized its 14th HRM National Summit on 1st December 2016 at New Delhi. The Summit featured some of the top HR professionals and delegates from Industry, Government, Media, and Academia. Over 250 professionals from across India participated in the Summit.

Below is an excerpt from a very informative speech by Mr. TV Mohandas Pai, Sr. Vice President, AIMA and Chairperson, Manipal Global Education Services at 14th National HRM Summit on the topic ‘Jobs in the Era of Automation’.

Mohandas Pai at AIMA's 14th National HRM Summit

Mohandas Pai at AIMA’s 14th National HRM Summit

” For the last many years AIMA has been holding the HR summit and every time we chose a cutting edge topic, primarily because we believe in the power of ideas. Ideas have moved civilizations, ideas have moved societies, and we believe at AIMA that we must be at the cutting edge with new ideas looking at what is happening in the world and that’s why we’ve chosen this very important topic – Jobs in Era of Automation.

 Automation has been there for a pretty long period of time starting with the invention of the steam engine. Imagine the world before the machine was invented. The world was based upon labor, human muscle, and animal power. And the wealth of a nation depended upon the size of the population. So China and India, were the richest countries and the greatest countries in the world because they had very large population. And in the mid 18th century China-India made up to 45% of the world GDP and there was trade from Europe with the rest of the world. But then a very singular event happened in the Great Britain when the steam engine was invented and suddenly you could use kinetic energy for motive power and create the machine which could do the work of many human beings, particularly where there was heavy use of human or animal power. And it meant that the heavy work and heavy lifting suddenly could be done very differently, it could be repeated, it could be standardized, and that set off a chain of events which changed the face of civilization on the planet.

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Indestructible Brands – D Shivakumar at 2nd National Leadership Conclave

Below is an excerpt from the speech of Mr. D Shivakumar, Chairman and CEO, PepsiCo India Holdings Pvt Ltd at AIMA’s 2nd National Leadership Conclave on the theme “Indestructible Brands: Building Brands to Survive Disruption”.

D Shivakumar at AIMA's 2nd NLC

D Shivakumar addressing AIMA’s 2nd National Leadership Conclave

A digital society changes the way we live work, relate to brands and to each other. We become far more horizontal in the way we work, end of the chain. It’s not a vertical society anymore. India has for a long been a vertical society. Hierarchy somebody orders somebody to do it. And then we follow their order. That’s not true in a digital society. Almost every activity and transaction is horizontal and not vertical. That’s the first point I want to make. The second point I want to make is if you look at the top 10 populations of the world for the last 10 years, Facebook has 1.5 billion subscribers or users and 70% of them come back almost every day. WhatsApp has a billion people. Twitter has 600 million people. Instagram has 400 million people. Now we are conversing individual to individual, group to group, completely on the social network, completely digital. This is what we are seeing right now. Continue reading

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Smart India – Gen Bikram Singh at AIMA’s 60th Foundation Day

AIMA celebrated its 60th Foundation Day & 10th National Management Day on 20th February 2016 at Hotel Le Meridien, New Delhi. The theme of the celebrations was “Smart India”General Bikram Singh, PVSM, UYSM, AVSM, SM, VSM (Retired), Former Chief of the Indian Army & Chairman, Chiefs of Staff was the Chief Guest. Below is an excerpt of his speech on ‘Smart India’.

General Bikram Singh, PVSM, UYSM, AVSM, SM, VSM (Retired), Former Chief of the Indian Army & Chairman Chiefs of Staff addressing the Inaugural session.

General Bikram Singh, PVSM, UYSM, AVSM, SM, VSM (Retired), Former Chief of the Indian Army & Chairman Chiefs of Staff addressing the Inaugural session.

I have been associated with  AIMA for a while now and this is the third time I am here. One of the reasons for accepting this opportunity to be here today is also the theme ‘Smart India’. To a soldier, anything that talks about enhancing the honor and prestige of India is something which is very appealing and the event theme  ‘smart India’ is indeed very appealing. I am sure, not only to a soldier but to all of us.

 As a soldier when I envision the Smart India dream, which has been annunciated by our honorable Prime Minister, the foundation of this dream hinges on technology. It hinges on the digital India. But I think we need to take up more holistic view of this entire dream.To convert it into reality, I feel there are three prongs of the strategy which have got to be borne in mind. The first one is creating the Ecosystem, the environment which is smart. Second, we have to ensure that we have to be able to monitor and manage this environment through E-governance and the last but not the least which we tend to forget is that, this entire dream has got to be transformed into reality by all of us, by the nation. We got to train our leaders, managers and skill the people to make sure that this dream comes true. Therefore, the transformation hinges on all of us.

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