Dec 03 2021

Navigating Through the Evolving Business Landscapes

“One of the biggest challenges that companies are facing is the changing landscape within the business. There was an interesting article from Gartner, that said 87% of what you're learning today is going to become obsolete in the next 3-5 years”

by  Sriram Iyer, Founder & CEO, hrtech.sg

hrtech.sg's Tech Talks focuses on engaging with HR & HRTech Subject Matter Experts to unearth trends & insights in the realm of HR Technology.

In this edition, we talk to Ganesh Iyer, Founder and CEO, Dotin.


Entrepreneur, Cartoonist and a Proud Father, GANESH IYER is the Founder of dotin.us, a B2B AI venture that taps into the subconscious mind to yield very powerful results. Having extensive experience in Product Management, Marketing, and Sales Ops, Ganesh has worked for global corporations such as Cisco, AMD, and SixSigma (Startup). He holds a Double Masters in Engineering from State University of New York and San Jose State University apart from MBA (continuing studies) from Stanford University.



Here are some notable insights from the discussion with Ganesh:

What are the significant business and talent trends in the marketplace? One of the biggest challenges that companies are facing is the changing landscape within the business. There was an interesting article from Gartner,  that said 87% of what you're learning today is going to become obsolete in the next three to five years. Think about it, 87% of what you're learning today, as an employee, is going to become obsolete in the next three to five years! Out of that, 64% is related to soft skills. This is becoming such a big factor for every business leader.

What are the key trends that will be a game-changer for HR teams to adopt HR technology? This year is called the ‘year of resignation’. The reason is very simple. Many employees are still stepping down and saying to their boss, “I can't take this anymore, I need to take a break and try to understand how to strike a balance between professional and personal life.’ While this is all happening, the game-changer will be how HR teams source the talent better. The key trend will be how they screen the talent better in terms of understanding technical and non-technical skills.

What is the role of HR in the digital transformation journey for the hybrid workforce? Now, HR leaders are an integral part of every boardroom discussion. Previously, HR was seen as an operational center. Now it's seen as a profitability center. Unless you have the right person who can make a difference and help the organization transform into this new norm, there is no transformation happening. So, this has brought about a mindset change at the board level. Now, people are being looked at from the perspective of strategy and execution.

Key Mantra for Employee Experience: The key mantra would be understanding the talent in a way that would be tied to their core motivations and values.  If you do that right and provide some personalized solutions in terms of showing the right jobs, training curriculum and mentors, that goes a long way in terms of not only internally meeting their expectations, but also bringing the aspect of productivity, retention and employee satisfaction. . It’s a win-win for both, the employee as well as the enterprise.

Advice for enterprises looking to embark on their Digital HR Journey: What would be important for every leader is to take a phased approach and understand what is really impacting their day-to-day operations and focus on solving those issues first before focusing on other aspects. So, take it as a layered approach and focus on a few verses all and keep an open mind because it can be a bumpy ride as you get into this transformation.

Sriram Iyer is a Human Resources practitioner with around two decades of experience in the areas of HR Technology, Workforce Planning & Strategy, Talent Supply Chain, Employee Engagement, Talent Branding and Acquisition & Client Management. Based in Singapore since Jan 2012, he has strong exposure to the JAPAC region and has a knowledge of the cultural nuances of the region. Prior to becoming an entrepreneur, he has also played leadership roles with NCS (Singtel Group Enterprise) and Nasdaq-listed Cognizant Technology Solutions in Singapore, running large scale talent initiatives across regions. He is a proud alumnus of National University of Singapore (Singapore) and Symbiosis Institute of International Business (India).


HRTechnology

Digital Transformation

Technology Roadmap

Business landscapes

Dotin

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