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Relevance of Strategic HR Diagnostics in Family Owned Businesses

Relevance of Strategic HR Diagnostics in Family Owned Businesses

10.08.2020
Unnikrishnan K. B.
Principal Catalyst- People Practices, TransCat People Solutions Pvt. Ltd.
Secretary (2020-21), Rotary Club of Bangalore Sneha

 

Relevance of Strategic HR Diagnostics in Family Owned Businesses


Preface
Family owned businesses contribute to more than 70 % of GDP of India and comprises of more
than 80 % businesses in India. Total market-capitalization of the Indian family-owned
companies stood at $839 billion in 2018. Even though many of the business leaders many not be
satisfied with the performance of their organizations for the last couple of years. May be many of
them are not initiating corrective actions on time, may be because some of them are not aware
about the cost of their inaction, and not be sure about the financial and emotional impact on their
employees or customers. It is quite natural that people are worried to question the status-quo.

 

Gerontology and Senior Citizen Care Management for Social Workers and Caregivers

GERONTOLOGY AND SENIOR CITIZEN CARE MANAGEMENT FOR SOCIAL WORKERS AND CAREGIVERS

From 6th to 10th July 2020
Every day from
11.30 am to 1.00 pm
and
6.00 pm to 7.30 pm IST

 

What is the role of HR in not only business, but any social system?

Practically speaking, the role of HR is to be a facilitator, who can motivate people to produce extra ordinary results. The corollary is that you do not need extra ordinary people to produce extra ordinary results. More often than not, you will find ordinary but well motivated people producing extra ordinary results and paradoxically, ill-motivated people with extra ordinary credentials producing undesirable outcome.

VIRTUAL CLASSROOMS DURING COV-19 PANDEMIC IN INDIA

In the prevailing pandemic situation due to COVID-19, Educational Institutions like Schools, Colleges, Universities are forced to switch over to virtual platforms like Online classes, Webinars for their students to implement safety measures like Social Distancing. As it was not an anticipated or a customary method to conduct classes, many of the teachers and lecturers are still struggling to create the same impact in students, which they use to make in the traditional classrooms.


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