HR plays a larger and more crucial role in facilitating change that is linked to a volatile and exciting market place.
India explodes the nuclear bomb and well almost simultaneously all kinds of repercussions follow. Like America decides to suspend aid, Australia Idecide to recall trade delegations that would have visited India and the World Bank announces sanctions, So how does that effect the HR function you might as well ask And almost soon enough we will answer “it does”. Business will get affected, bookings in our hotels will drop and targets so ambitiously planned will now look difficult to achieve. The appraisal system is linked to achievement of targets, which are dovetailed to business plans and awards and increments are announced based on performance, effort and on cost of living aligned with capacity to pay. As an HR functionary it almost automatically means revisiting all these plans and understanding the broad strategic implications. Just as it might mean that our employees understand the changing economic and global political scenario and learn new skills. Such as in marketing their products keeping in mind client expectations which go beyond availability of a multicuisine restaurant and spa facilities at the hotel.