HRM Conclave at SPJIMR-Mumbai Receives Overwhelming Response

HRM Conclave at SPJIMR-Mumbai Receives Overwhelming Response

On Saturday 8, 2007, S. P. Jain Institute of Management & Research (SPJIMR) organized an HRM Conclave on the theme - "Ways to Control Attrition and Build Commitment".

The conclave was attended by dignitaries of the Indian Corporate such as Mr. T. V. Mohandas Pai (Global HR Head - Infosys),

Mr. G. Ravindran (Sr. VP & Global HR Head - Covansys), Mr. Sanjay Singh (VP-HR, Whirlpool Asia), Mr. Abhay Valsangkar (Sr. Director-HR, Symantec), Ms. Madhavi Lall (HR Head - Standard Chartered India), and Mr. Debiprasad Das (Sr. GM-HR, Atos Origin).

In the lectures by the executives, Mr. Singh highlighted the role of HR in today's organizations as 'serving the needs of the business with employee as a stakeholder'. Mr. Pai gave an altogether different perspective by saying that attrition is healthy and it is promoted by many organizations as their policy. The strategy of Infosys to address attrition is putting values, ecosystem, policy and frameworks at the core to address attrition. He also attributed attrition to the growing opportunities because of big multi-nationals coming to India and emergence of new industries like retail.

The panel discussion gave fresh insights into attrition and its impact on organization-employee relationship and the need to focus on the existing rather than the exiting employees. The panel discussed various means to reduce the attrition such as differential compensation based on performance reviews, working out individual development plans, talking to ex-employees and creating focus groups to identify potential exits.

The conclave received an overwhelming response from the industry as well as the participants, and the discussions, problems and best practices of the leading corporate gave the participants new insights into the problem.

Concluded.

Contributed by -
Rahul Ramchandani,
PGDM 2009 - Marketing,
Public Relations Committee,
S. P. Jain Institute of Management and Research, Mumbai.

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