2nd HR Summit '2010':Mr. Sanjay Jain Vice President, Corporate Human Resource, Abhijeet group

Speech

He started his speech by saying that salaries formed a major chunk only in consultancy firms, in manufacturing its 5%, in services/IT/ITES its 10%.
It was not the human capital alone, but the right kind of human capital that play a key role in profitability. Organization and individuals, both must match in all respects. He told that organization’s structure was also important, along with profiles, assignments.

2nd HR Summit'2010':PROFITABILITY THROUGH HUMAN CAPTIAL

They put forth their viewing and considering human capital as a value producing asset instead of a cost to be minimized, reduced or reined in, Building a powerful human capital strategy requires solid facts, measures, & process for discerning discussed the Human Capital strategy. The next discussion was on the employee centered career planning and organizational centered career management. They displayed the study of career planning trends and factors that play role in planning.

2nd HR Summit '2010':Mr. Pramod Kumar Joshi Member Advisory Board, All e Technologies

• B. Tech from IT-Bhu & M. Tech from IIT-Kanpur & PGDBM from IIM, Bangalore.
• More than 20 year of work experience in IT industry at US, Mexico and India.
• Advisor to All e Technologies in Noida.
• Director of Winning Mantra.

2nd HR Summit '2010': Mr. Manmohan Bhutani Vice President, Human Resource, Fiserv

• Mechanical Engineer from BITS, Pilani and a Post Graduate from IIM, Lucknow.
• Has overall 25 years of experience in managing IT & Software Business in different roles and positions.
• Overall responsible for People & Operations which include Human Resources. Talent Acquisition, Training, Facilities & administration and IT Infrastructure function for the IT & BPO Division of Fiserv Global Services.

2nd HR Summit '2010': INNOVATION IN RECRUITMENT PROCESSES

This session was all about the innovative practices made by the different companies to update their recruitment process because there is no benchmark available with organizations to know if they are doing good job for recruitment of the potential candidates. They told us that in today’s environment it is the most a light on the comparison between the traditional and e-recruitment methods. The e-recruitment methods are cost efficient, time saving, provide clarity about job & decrease the lead time. They further explained the internet and blog that are used now days as new tools for recruitment. The cost analysis report on the summer internship done by them at Reliance Life Insurance shows that the method that includes least cost is incurred in the e-recruitment methods. There is high pressure on the numbers to be recruited so there are other critical variables still not a part of review focus. At last traditional methods should not be replaced by e-recruitment methods; rather they should be used to supplement the traditional methods.

Mr. Jagannath Khuntia: General Manager, Human Resource, India Glycols Limite

2nd HR Summit '2010' :Mr. Sachin Sharma: Head, Human Resource, Talent Management, HCL Technologies

• Management Graduate in HR & Int Mkt from IMT, Ghaziabad.
• Has 10+ year of experience in the domain of software consulting, professional services and corporate recruitment.
• Worked with leading Banking Software Company in India as Software Trainee/Sr.Executive 200-04.
• Worked as a Management trainee & corporate recruitment for FCS Software solutions Ltd 04-05.
• Sr. manager Sales & Business Development for USS Inc & Infopro India Pvt.

2nd HR summit 2010':Mr. Deepak Menaria: Vice President, Human Resource, Global Logic

• Has done MBA in Finance from Nagpur University
• He is an entrepreneur with strong professional HR experience.
• He has keen interest in Human Psychology and believes in applying Human understanding in HR practices.
• He is founder director of Lambent Technologies
• Among top 3 finalists for Young HR professionals at India-pacific HR congress at Mumbai in 2008.

2nd HR Summit '2010': INNOVATIVE HUMAN RESOURCE PRACTICES

The team gave a presentation on Innovative Human Resource practices and what are the reasons that are responsible for paradigm shift from traditional HR practices to strategic HR practices. They also discussed about the limitations in Traditional HRM Practices:

• Wage and salary only loosely tied to performance
• Narrowly screening for non managerial jobs Tight supervision
• Little training
• Layoffs in slack times
• Detailed workplace rules and procedures Broad management discretion
• Job controlled unionism
• Seniority rules no job security
• No job security

2nd HR Summit '2010': Mr. S.Majumadar: General Manager, Human Resource, JK Tyres

• Honours graduate with physics from Calcutta University and are a post graduate Diploma Holder in Computer science, from Indian Statistical Institute
• Master Degree in Economics and Post graduation in Personnel Management and Industrial Relation from Ravishankar University
• Bachelor of Law Education with Psychology
• Multi Dimensional experience of 25 years working with Tata’s, Birla’s, Lohia’s and currently working with Singhania’s.

2nd HR Summit '2010' : SUCCESSION PLANNING

It was the presentation on SUCCESSION plan. The Core Principal Underlying Succession Planning

• Leaders really do matter
• Performance is what counts
• Today’s top performing leaders aren’t necessarily tomorrow’s
• Board set of experience & assignments is the best classroom
• It’s incumbent upon today’s “top-100” to leave a legacy of future talent
• Invest in the best

2nd HR Summit '2010':Mr. Sanjay Jain: Vice President, Corporate Human Resource, Abhijeet Group

• Chemical Engineer from Harcourt Butler Technological Institute, Kanpur.
• Started his professional career with J.K.Synthtics.
• He had joined an Indo Swiss Joint Venture Group as CEO.

2nd HR Summit '2010':Mrs. Kumkum Nongrum: Vice President, Human Resource, Royal Bank of Scotland

• Post Graduate from “Tata Institute of Sciences”, Mumbai.
• Has 23 years of core HR experience in all aspects of HR Strategy, People sourcing, Development and Compensation.
• Is currently heading the Leadership and Learning initiatives for Royal Bank of Scotland in India.
• Is actively associates herself with students of various Management Institutes.

2nd HR Summit '2010' : Mr.k.k.Muthu: President, Corporate Communication Services & Ex Vice president Human Resource, Hero Honda

• He is a Mechanical Engineering honors graduate from Bombay University, which he obtained after B.Sc. (UK) and LME from Victoria Jubilee Technical Institute, Mumbai.
• His experience is in three modules: teaching at IIT Delhi (10 years), industry (24 years), and consulting (10 years).
• He has worked with organizations such as GE Motors, Whirlpool India, Goodyear India, Hero Honda Motors.

Speech

He told that management will grow from at to science. He emphasized on the factor of the use of quality circle to deal with the problems in daily work areas. Quality circle is the only chain that bounds a large number of employees at operations department.