Wednesday, October 30, 2019

Skills and Competencies...

As per book " Creative Destruction" by Richard Foster , average life span of companies ( S&P 500) has fallen from 61 years in 1958, to 18 years in 2018. At this rate 75% of the companies will be replaced by 2027. One of the major reason is disruption in Technology such as cloud and internet. In such a VUCA world, Organisation needs to rethink their Human Resource management Strategy. They have to focus on the development of competencies and not merely on skills .

To gain best out of people culture and continuous learning attitude plays critical role. To fulfill this responsibility , organisations should think beyond skill charts which have become just a formality in most of the organisations.

Absence of long term scenarios building aligned to long term corporate strategies leads leads to vacuum of the required competencies. It finally results into faltering organisations because of inability to face the wind of in competitive market.

Absence of AI Professionals, Lack of Machine Learning programmers and paucity of Data Scientists are some examples where organisations could not prepare themselves and faced adverse situations in the markets even to the extent of extinction. 

Sunday, October 20, 2019

We all are Earthlings.

#originalideas

We all are earthlings. We are interrelated in many ways. First is Earth, which unites us physically. Second is Air, which we can not see but definitely is same and unites us when we breathe. Water is third thing, which through oceans unites us . All the rivers passing through different countries finally  merged into oceans. Fourth thing is sun, which is responsible for the life on this planet. Its intensity might be different for earthlings but light is common for all. Fifth thing is Sky/Space, which fills our earth sphere and protects us through different layers. So irrespective of our Nationality, Race, Caste, and Creed, we all are one. This oneness is fundamental concept of being earthling.