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Insights Rohit Hasteer

Top 5 HR Priorities of

HR Budget

20-2021

If people and organizations are not learning,
they risk being obsolete tomorrow. Hence
reskilling and upskilling are norm of the future
to build critical skills and competencies, even
for mere survival. Organizations must start
co-owning the learning needs along with the
employees if they want to grow in business and
achieve operational excellence.

Re-Evaluate the Key
Initiatives - Change
I remember reading an article
sometime back where The Management and
Economist had conducted a Organization Design
study post the Global
Recession and analyzed how it impacted As per Gartner, this is one of the top
major roles in the organizations. The priorities for 46% of HR leaders today.
biggest loser as per the study was CHRO Change is difficult and a majority
as HR experienced the greatest budget of workforce is not changing ready
restrictions. With the world reeling when required. Hence, most of the
under a pandemic and with the global change initiatives and the necessary
economy seeing a downturn, year 2020 organizational transformations have
Rohit Hasteer seems to be like a déjà vu. While many been progressing at a snail’s pace
Group Chief Human Resources organizations are already looking for a long. But now, the effects of a
towards stabilizing their businesses next
pandemic have been an eye-opener
Officer, Housing.com,
PropTiger.com and Makaan.com year, the full extent of the economic to the series of unknown possibilities
contraction due to the pandemic is yet to that lie ahead. To be prepared for
Rohit Hasteer has more than 20 years of rich pan out completely. Hence, planning as this, organizations need to adopt a
experience in the domain on Organisation to how the balance sheet will look like by future-forward work design where
Development and Restructuring, Culture the end of next financial year is going to employees can be changed responsive,
Transformation, Talent Acquisition and Talent be critical. HR needs to remain cautious in sync with the customer needs, and
Management, Training & Development. Often and be frugal when it comes to anticipate changes that come with
touted as the “start-up” specialist, he has
been instrumental in helping many organizations expenditures, but at the same time it. Rethinking work design will not
build HR functions from the scratch and partner continue to adopt strategies that balance only build organizational resilience
in the journey of culture transformation for them. employee development, motivation, but will also help to be in pace with
He has also helped many organisations where experience, engagement, and fast-changing business conditions. And
he worked feature in the coveted “Great Place
to Work”. He has worked with companies like performance while protecting their core unlocking employee responsiveness
SAMSUNG, CITIBANK, MakeMyTrip, Aviva businesses. So, what should be the top 5 means getting them re-skilled to newer
Life Insurance and UT WorldWide. priorities for HR while budgeting for competencies and acquainted with to
He is an MBA from IMT, Ghaziabad. 2021? latest technologies which bring to our
next priorities.

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