NHRD Journal - National HRD Network
NHRD Journal - National HRD Network
NHRD Journal - National HRD Network
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HOW HR CAN IGNITE 'HOT SPOTS'<br />
YOGI SRIRAM<br />
Abstract<br />
The 6th <strong>National</strong> HRM Summit, organized under the auspices of All India Management<br />
Association(AIMA) was held on 19th & 20th October 2007. It brought together the author of HOT<br />
SPOTS - Lynda Gratton (LBS) and other eminent speakers from the Corporate World who spoke<br />
on four themes to discover how HR can ignite HOT SPOTS. In compiling the various ideas from<br />
speakers, the article tries to bring out how change can be brought through HR and leadership to<br />
create and sustain hot spots. The article thus heavily drives on the ideas of the book and the<br />
content of the summit.<br />
Yogi Sriram is currently<br />
at Larsen & Toubro<br />
Limited as Executive<br />
Vice President (Human<br />
Resources &<br />
Administrative Services)<br />
for the E&C division. He<br />
had earlier rich<br />
experience with, Taj<br />
Group (Hotel arm of the<br />
TATA's) , Asea Brown<br />
Boveri , Dabur India,<br />
British Petroleum as<br />
H.R. Director (Africa,<br />
Middle East, Turkey &<br />
South Asia) covering 3<br />
continents and 41<br />
countries.He has a<br />
Honours degree in<br />
Economics from Shriram<br />
College of Commerce,<br />
Masters in Personnel<br />
Management & IR from<br />
the Tata Institute of<br />
Social Sciences, LL.B.<br />
from the University of<br />
Delhi and M.B.A. in<br />
Organization Behaviour<br />
from the Faculty of<br />
Management Studies<br />
(FMS), University of<br />
Delhi. He has been<br />
admitted as Fellow of<br />
the All India<br />
Management<br />
Association.<br />
Context<br />
The biggest challenge facing the<br />
HR function today is to create and<br />
sustain an innovative work culture.<br />
With the Indian economy surging<br />
ahead and the Sensex surprising us<br />
each day with unexpected highs,<br />
the expectations from HR has<br />
increased many fold. The shortage<br />
of talent is being seen as the only<br />
big challenge in surfing this big<br />
wave of growth. HR has an<br />
opportunity, like never before, to<br />
attract, develop and retain this<br />
scarce and precious talent. But the<br />
new Gen Y that is represented by<br />
the young faces at the work place,<br />
are the real opportunity for<br />
unleashing potential and triggering<br />
quantum growth. We need excited<br />
people with passion for<br />
collaborating and innovating. HR<br />
has an opportunity to find ways to<br />
trigger this passion and<br />
commitment for innovation and<br />
excellence. Within organizations,<br />
there are periods when innovation<br />
and creativity flows unhindered<br />
and the resulting activity and<br />
positive energy create unexpected<br />
results. These condensed periods<br />
are called "Hot Spots". These can<br />
be ignited and sustained to create<br />
innovative and winning<br />
organizations where people are<br />
self-propelled and feel like giving<br />
their best, and sometimes even<br />
beyond.<br />
Prof. Lynda Gratton from London<br />
Business School , has explained in<br />
her book the people implications<br />
on strategy. Her book "Hot Spots:<br />
Why Some Teams, Workplaces, and<br />
Organizations Buzz with Energy - and<br />
Others Don't", is an international<br />
bestseller<br />
Inspired by her work, the Summit<br />
focused on "How HR can ignite 'Hot<br />
Spots'" with sharing of experiences<br />
and HR best practices and through<br />
dialogue at the Summit, that lead to<br />
new ideas on how to create<br />
excitement in the Work place.<br />
This Summit was designed to focus<br />
the attention of business leaders on<br />
creating Hot Spots that are the key<br />
to the success of human endeavour<br />
within an organization, group and<br />
team. There were also deliberations<br />
on competencies that HR<br />
professionals should develop to<br />
ignite these Hot Spots.<br />
The Take way of the Summit<br />
The Summit triggered plenty of<br />
ideas to ignite Hot Spots that<br />
November 2007 <strong>N<strong>HRD</strong></strong> <strong>Journal</strong> 33