Industry And Cluster | News & Insights

Rewrite the conventional rules of HR in the new world: CPO, Mahindra Finance.

Published: March 13, 2020
Author: TEXTILE VALUE CHAIN

Technology, automation, changing workforce models, and a diverse workforce are transforming not only the nature of the organization but also the traditional role of the HR department. Technological disruption is invading our life where machines can now do almost everything. We are reaching a point of convergence between man and machine. In the near future, offices are going to see humans, robots, drones, and intelligent machinery working together to solve business problems. These dynamic changes will create the questions never asked before for the HR fraternity. We will have to rewrite the conventional rules of HR in this new world. 

HR will have to move from workforce planning for full-time employees to take advantage of the big economy and evaluate technological solutions.There will be no transactional responsibilities. Most of the work in HR administration will cease to exist in the future role. HR will be involved mostly in business & strategy. Also, all interpretations will be done by AI based applications.

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