Date: 19th July, 2008
Topic: Staying ahead in fast changing time.
In today’s dynamic business environment nothing is constant. The only thing permanent is change. This was the essence of guest lecture given by Mr. Vijay Deshpande, VP-HR, Greaves Cotton Ltd., on 19th July 2008. The Zcbians are privileged lot having this timely piece of knowledge and experience being shared by one of the top HR professional on whom the award titled “India’s Greatest HR Professionals” was conferred upon in year 2004 in an event organized by ITM Business School.
Mr. Deshpande started with comparison between the way the business was being done some 12-15 years back in India and the way it is being done now. He came up with specific examples such as monopolies being crashed, Business becoming more global to explain the changes which has occurred in the business models in recent times. All the changes can be attributed to LPG (Liberalization, Privatization and Globalization) initiated by the policy makers and technological development happening all round. This has resulted in the shift from life time employment to employability and has made succession planning difficult for the HR professional.
In such dynamic environment to stay ahead Mr. Deshpande suggest that organization should adopt Proactive Strategy Implementation and Market Driven Management. The sustenance in fast changing time depends upon the ability of organization to create Customer Centric Monopoly. In the end, organization should either try to be no.1 or no.2 in the market it serve but not less. Indeed a master piece of advice for the budding Managers.
We thank Mr. Vijay Deshpande for sharing the great insights coming from his long industry experience and expertise. By:- Ajay Kumar Shah
Topic: Staying ahead in fast changing time.
In today’s dynamic business environment nothing is constant. The only thing permanent is change. This was the essence of guest lecture given by Mr. Vijay Deshpande, VP-HR, Greaves Cotton Ltd., on 19th July 2008. The Zcbians are privileged lot having this timely piece of knowledge and experience being shared by one of the top HR professional on whom the award titled “India’s Greatest HR Professionals” was conferred upon in year 2004 in an event organized by ITM Business School.
Mr. Deshpande started with comparison between the way the business was being done some 12-15 years back in India and the way it is being done now. He came up with specific examples such as monopolies being crashed, Business becoming more global to explain the changes which has occurred in the business models in recent times. All the changes can be attributed to LPG (Liberalization, Privatization and Globalization) initiated by the policy makers and technological development happening all round. This has resulted in the shift from life time employment to employability and has made succession planning difficult for the HR professional.
In such dynamic environment to stay ahead Mr. Deshpande suggest that organization should adopt Proactive Strategy Implementation and Market Driven Management. The sustenance in fast changing time depends upon the ability of organization to create Customer Centric Monopoly. In the end, organization should either try to be no.1 or no.2 in the market it serve but not less. Indeed a master piece of advice for the budding Managers.
We thank Mr. Vijay Deshpande for sharing the great insights coming from his long industry experience and expertise. By:- Ajay Kumar Shah
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