IssueNo 34 | MAY2011
a human r e s ou r c e news l e t t e r
OD CONNOISSEUR’S ORATE
Deb N B
STRATEGIC HR PLANNING FOR THE NEXT FINANCIAL YEAR
HIGHLIGHTSOF THIS ISSUE - Deb N.B. elaborates on Strategic HR planning for the next financial year - Ameya Nawathe focuses on the implementation aspects of a strategic plan and how some services/tools could help organizations realize their strategic plans - Niket Karajagi emphasizes on - What individuals should look for, in a training company- Strategic training partnership - Neha Kamat opines on “Manager as a coach – a new paradigm in the business world” THE EDITOR’S COLUMN Deeksha Jawa
Deb N B has worked in the Corporate HRM & IR team for organizations like JK Group, Kirloskar Group & Cummins Group. Being passionate about finance, he has worked with Asit C Mehta Investments, India’s first ISO investment firm as Investment Advisor. He is currently a Trainee Banking Officer with one of India’s largest Private Sector Bank. He has been an orator on various national/international platforms.
With the onset of the new financial year, the buzzword is AOP, Annual Operating Plan. However, the key question is: “What new do we have in the AOP this year?” Do we go ahead with trends, targets and benchmarks again or what? In my 3-year stint in Strategic HRM with companies where the HR budget is more than Rs 5 Crore every year, I have heard most of the “astute HR professionals” say a “Yes” to the above question. Here are a few new things for 2011-12 that can be focused upon apart from “trends, targets and benchmarks” year after year: 1. Many T&D programmes are conducted to develop people competencies and careers. AOP focus: A check mechanism to see has it helped our organization or other organizations?
Deeksha Jawa, Head – Project Management, Atyaasaa Consulting Private Limited, is a post graduate in Management HR and Green Belt in Six Sigma with a background in Psychology. She is also a DISC certified behavior analyst with a passion for behavioral sciences and combines her knowledge of psychometric testing with her
management expertise to manage projects end to end and design & develop workshops in order to meet the changing needs of businesses. While you get started with the plans for the new year for your organization we thought of launching this edition of Knowledge Beans to bring to you, insights of professionals, on how to plan strategically for the next financial year. So go ahead, and enjoy Knowledge Beans over a cup of coffee !! NOTES FROM SUB-EDITOR Khushnawaz Munshi
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Khushnawaz Munshi is presently pursuing her Masters in Business Administration, majoring in HR, and working for Atyaasaa Consulting Pvt. Ltd. She is a keen observer of human behavior and loves to explore the dynamics of interpersonal relations. She is passionate about literary and oratory forums.
DearReaders,KnowledgeBeansgallopstoitsinternationalstatus with its 34th issue. Thank you for your wonderful feedback and contributions. Hope you enjoy our subsequent issues. In our next issue, foray into the realm of training programmes /workshops with a difference. Go beyond classroom trainings to explore the unconventional workshops. Knowledge Beans brings to you ‘Contemporary training methodologies’. We would appreciate your varied contribution on the theme. Do send us a 300 word article sharing your views and opinions on the theme, alongwith your photograph in jpeg format and brief profile. Write to us For information : firstname.lastname@example.org For contributing articles : email@example.com For suggestions : firstname.lastname@example.org Atyaasaa Consulting Private Limited is a leading Human Resource Training & Consulting Organization partnering with some of the best brands in the country and overseas. Atyaasaa has been a catalyst & a contributor in their quest for people development and business excellence. The core differentiator of Atyaasaa process is continual innovation, unique
customization and use of state of the art technology tools implemented through ethical and experienced operations and human resource facilitators having contribution as their core value.
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