Current Situation and Future Trends in IR 13th September 2021, 10:30 am – 11:30 am
Industrial Relations have developed into one of the modern industrial society's most delicate and difficult problems. It is a challenging task to achieve industrial growth without healthy relationships and worker collaboration. Therefore, it is always good to build and maintain cordial and harmonious relationships between management and union for smooth functioning of the organization. To showcase what should be done with respect to creating smooth and cordial Industrial Relations, the HR Department organized a guest lecture on "Current Situation and Future Trends of IR" and brought an industrial professional, Mr. Kallol Dutt, Joint Labour Commissioner, Haldia to exchange his valuable insights about the future course of HR industry.
The speaker emphasized on the importance of cordial relations between the workers and management and how it helps the organization in varied ways. It helps in uninterrupted production, it reduces industrial disputes and wastage, and increase morale of the employees. The speaker bestowed students with his valuable insights on IR law codes and how these relations have changed considerably over a period of time. Human Resources are one of the most important aspects of any company's long-term performance, and only proper investment in this area can assure a company's long-term viability. Human resource management is unavoidable in today's fast-paced corporate world.
It was indeed a participative session, students interacted with the speaker which helped them understand the concepts of Industrial Relations and HR in a much better way. Gaining industrial insights and professional knowledge helped students imbibe certain values that will help them stay ahead in their professional career. By way of these lectures, SCMS NOIDA aims to prepare remarkably proficient and competent Human Resource managers of the future by providing them with all the indispensable skills and knowledge so that they can drive ahead tomorrow’s professional world.
Soft Skills for Business and Interviews, 26th April 2021, 10:40 am onwards.
Managers believe that soft skills are as important as hard skills. These skills help in forming better relationships with people and develop trust. When it comes to management, soft skills play a very important role both from an individual and business perspective. Soft skills deeply enhance one’s confidence, personality, and put them on the right path of progressing in their career to fulfill goals. Employees with great soft skills are chosen for leadership positions over employees with average soft skills. It is crucial to develop these skills and enhance them if a candidate wants to be an ideal employee. To help the students with this, the HR Area of SCMS NOIDA organized a guest lecture on ‘Soft Skills for Business and Interviews’ led byMr. Arun Rawal, Soft skills Trainer & Coach, who shared a lot of insightful methods that can help develop and acquire desired ‘Soft Skills’ that can help boost the career of students.
He pointed out that there is some potential in an employee that is known to the organization whereas there are some hidden skills as well. With the right amount of organizational coaching and mentoring, we can convert those skills into an asset. The speaker mentioned that ‘Leadership is a journey’. A true leader can transform the lives of people. One should never copy others instead he/she should be introspective and should learn about one’s strengths and weaknesses and work on them religiously. He revealed that our seniors are always a guide to us. We should always learn from their blind spots. An introspective person will always work on himself.
He also talked about the importance of ‘Humility’ in life and one should always learn from the experiences of great personalities. Their life has lessons to serve and learn from. Further, he highlighted the most important quality after joining an organization is to be ‘Courageous’. Work for what is morally correct and genuinely good for the organization, customers, and services. Having the courage to speak up the truth is always a perk for the employee. Communication is always essentiality in the organization. To succeed in that one also needs to be a ‘Good listener’. A good listener is always a good communicator who never judges the speaker because not being judgmental gives chance to innovation and opportunities. He stated that ‘Knowledge is power’. One should always prefer to be accompanied by people who are smarter than you. It gives an opportunity to learn. Reading books, updating general and business knowledge helps in overall development. The session ended with the discussion on the ‘STAR Technique’ which stands for situation, task that you performed as a team, action you and your teammates took, and results.
The HR Club of Symbiosis Centre of Management Studies, NOIDA hosted a guest lecture virtually for the students on the topic Organizational Leadership effectiveness on 29th August 2020. In the existing pandemic and the strained working conditions, it has become imperative that we go through the vital organizational leadership practices & patterns that cinch workplace efficacy and development in the dynamic business environment. Following this trail of thought, SCMS NOIDA gave its students an opportunity to educate them on the insights to Organizational Leadership Efficiency in order to bring about effectiveness in the performance of an organization as a whole.
Dr. Damini Saini, IIM Raipur delivered the lecture on ‘Organizational Leadership Effectiveness’ who has proved her mettle in the area of human resources with numerous research publications in the journals of repute.
She successfully referenced the sharp business minds and legends from the past and present business world. She began her discussion with various theories of leadership such as contemporary and contingency theories. In fact, different styles of leadership were also highlighted namely transactional, transformational, servant, etc. Initially, she emphasized transformational leadership since in India this kind of leadership was largely followed but with times the leadership style of the leaders kept on changing. It moved on to spiritual leadership in 2003 to ethical leadership in 2005 to authentic leadership and so on.
She took the example of Thomas. J Watson who served as the chairman and CEO of IBM. She threw light on the various techniques Watson adopted to bring IBM to its known stature by developing and framing its management style and corporate culture. She further talked about the conceptual importance of organizational leadership in current times and how it is very much present in all the businesses. She also brought to light how Jeff Bezos, founder of Amazon, incorporated numerous leadership strategies in the company that helped in bringing out results at the workplace. He was identified as a visionary who is relentless, ruthless, creative, strategist, and so on. He had been looking forward to excellence in whatever the company does.
She put stress on the need for efficient organizational leadership for better employee management, workplace performance, and efficiency. With this note, the virtual session came to an end and provided students with great insights.
22 – 29 June 2020
Chapter-1: Contemporary Business Practices.
The academic excellence of an institute is known by how rudimentary and relevant knowledge is disseminated among scholars enabling them to sculpt the future of their own and of society. However, keeping industry practices inducted with this idea always leads to the making of great business leaders. In anticipation of this Symbiosis Centre for Management Studies NOIDA, launched a series of Webinar on Leaders Insights on Future Market Trends and its first chapter was inaugurated by Mr. Deepak Gupta, (Group Head- Human Resource & CHRO) Karvy Global Services on 22nd June 2020. Mr. Gupta shared his corporate journey where he mentioned his first experience of working in the Chemical Industry and then moving ahead in the Financial Sector. As a Human Resource expert, he enlightened students with the fact that how important it is for the HR dept. to remain proactive managing all the odds and evens coming their way. In addition to this, he referred to how technology and WFM is going to bring new norms of work culture and how it’s going to be cost-effective for both. He also discussed which kind of business or sectors will boom in the coming days and which sectors will have to wait for good days. He spots light on emerging career opportunities where individuals with Analytical capabilities, expert hands-on Artificial Intelligence, Digital guru, IT knowledge, and practitioner of good governance can have ample employment opportunities. In the present state where everyone is seeing a tough time how to manage your workforce motivation and other challenges, Mr. Deepak mentioned that it's very important for all to stay positive and happy because nothing is everlasting, challenges come and go but people remain there. This reminds a very famous saying of Dale Carnegie “Tough Times never last, but tough people do”
Chapter-2: Facing Business Uncertainties
To help companies traverse fickle business patterns as trade barriers and tariffs are being vulnerable, keep on invoking and revoking. The market practitioners in commercial excellence solutions are continuously guiding and advising managers on to how face this uncertainty and survive in these tough times. To elaborate more on this CITP Cell of SCMS NOIDA invited CA. Neelesh Vithlani in the series of webinars on Leaders Insights on Future Market Trends. Mr. Neelesh spoke on Facing Uncertainties in Business. His expertise talk referred to three references as the origin of uncertainties: Black Swan, HBR Article, and Sapiens. Mr. Neelesh spoke on how the learning from these reference Adaptability, Resilience, Communication, Innovation can help managers to handle and manage business uncertainties. In extension to this, he added that if every individual revisits his/her capabilities and skillset and links it with the references, then definitely there is going to be great learning. To validate his opinion, he gave a real-time example from industry: Reliance as a big giant & Butterfly Edufields, how these two business houses responded to challenges driven by COVID-19. In his session, Mr. Neelesh underpinned the sequence of unprecedented events leading to new trends and evolution to better sustainable business practices. Last but not least, he enlightened the students for upcoming business potential and career opportunities. He appreciated the kind of questions and inquisitiveness as shown by young scholars of SCMS NOIDA and blessed them with his word of wisdom.
The webinar ended with taking learning from the session as referred by Tony Schwartz; “Let go of certainty. The opposite isn't uncertainty. It's openness, curiosity, and a willingness to embrace paradox, rather than choose upsides. The ultimate challenge is to accept ourselves exactly as we are, but never stop trying to learn and grow.”
Chapter-3: Economy and Technology Post COVID-19
Report of Webinar Series at Symbiosis Centre Management Studies-NOIDA
The disruption caused by Covid-19 has created a world of uncertainty and scarcity that we’re unused to in most of the developed markets. This webinar shares a framework developed in emerging markets that can help to successfully innovate in the face of scarcity and uncertainty. To get retort on these disquieting thoughts, CITP invited young scholars to attend the webinar graced by Mr. Abhishek Gupta, Americas Commercial Leader, Ernst Young(EY). He has worked with Indian Government-sponsored Projects and known as Business Strategies Setting Up the Innovative and Scalable Business Growth Solution. CA. Abhishek Gupta highlighted on the Role of Technology in upcoming days, the importance of Data Analysis in deriving revenue, profits, consumer behavior, moving on to Artificial Intelligence how it is helping in making appropriate decisions. While referring to these attributes of new business normalcy with students he coated the examples of Elon Musk of Tesla, Medical Sectors, UPI apps using these new forms of technology to upgrade the business practices. Finally, he summed up his session by supporting: "Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it"
The webinar on Human Resource Management was held on June 10, 2020 at 11.30 AM for the BBA students of SCMS NOIDA. The objective of the webinar was to make the BBA students aware about the scope and prospects of HR specialization offered by the college. The resource persons were Dr. Ruby Sengar and Dr. Aakansha Uppal, Faculty members, SCMS NOIDA.
The Session was taken into two parts: - The first part was dedicated on the role and importance of Human Resource Management in the present scenario, where discussions on different aspects in the HR area were focused. HR plays a key role in the world—because people are truly the only thing that differentiates one business from another. In this context Dr. Ruby emphasized the career perspective of Human Resource Management. Some of the job titles of this field are: HR Executive, HR Manager, HR Entrepreneur, HR Generalist, Training and Development Manager, Consultant, Talent Manager and many more. Moving from the discussion on the role and importance of HRM, the other part was dedicated to the elective papers which have been offered to the students in their batch.
To continue about electives in Human Resource Management, Dr. Aakansha Uppal shared her view on how HR elective papers impart knowledge and training in managing the workforce of the organization. It is known that every organization has its unique set of values, visions, ideals, norms, working language, systems and methodology. The role of an HR professional is to develop and manage their company's culture, hire best of the talents and retain them. The core role of the HR professional is to take care of the welfare of the company’s employees. They are one of the most valuable contributors to the growth and the welfare of a company.
Both resource persons were also giving general orientation to the student about the different forms of organization and business environment, which will enable better appreciation and understanding of the HRM function. The session ended with the question answer round.