HRNV-Dec-2022

HR NEWS & VIEWS
DEC | 2022

INSECURE
LEADER

SKILL BUILDING
HR ARTICLE
INTERNATIONAL HR

HIRING METRICS
COMPANY UPDATES













INSECURE
LEADER

Leadership has become more of a buzz word now a
days. There is a lot of talk about it, but how truly are we

able to find leaders who are real leaders.

In today’s world we find a lot of artificial leaders who
believes in only self driven goals and benefits and

misuse the power of the role they play.

It is very hard to differentiate in traits but if observed
minutely, there are clear traits which signifies an
“Insecure Leader”.

WHAT IS
INSECURE LEADER ?

A Leader who believes in living in a myth
called Leadership, however is miles away
from what a true leadership is. Lives in it’s

own world like a frog in the well, and
believes to be amongst the best and uses

the power to downgrade others.

KEY TRAITS OF
INSECURE LEADER

CONTROL A1 SELF BENEFIT
A5 FIRST
Believes in controlling
mechanisms Only concerned about
their own benefits
NO VISION A2 A8
A1 A7 PEOPLE ARE
Has no vision for MERE
organization / team A2 A6
A6 RESOURCES
NO CONNECT A3 A3 A5 Feels as if they own
WITH TEAMS A4
Are mostly disconnected people of the company
to ground realities
DIVISIONAL
UNREAL GOALS A4 WORKFORCE
A7 STRATEGY
Sets goals that are Breaks teams unity and
unreal
create a negative
environment

A8 ALWAYS AFRAID
OF LOOSING JOB

Always think of losing the
job

BELIEVES EDUCATION AND SKILLS
GUARANTEE LEADERSHIP…. WHICH IS A
article@Arindam MYTH THEY LIVE IN…

WHAT SIGNIFIES A
TRUE LEADER ?

Mission Vision REAL LEADER

Goal Strategy Vision
Binds people into a

common Vision

Mission
Establishes a mission for

the group

Strategy
Works with team to
develop a strategy

Goal
Sets goals and lead by

example

REAL LEADERS OPERATES ON HIGH
EMPOWERMENT AND ZERO CONTROL.
THEY INSPIRE GREATNESS IN PEOPLE

IMPACT A
TRUE LEADER CREATES ?

TAKES 05 06 01 GREAT
OWNERSHIP RESULTS
IMPACT Achieves
Owns failures exemplary
and credits 04 03
team for results
success
POSITIVE
CREATES WORKFORCE
TEAMS
Creates a high
Binds people 02 energy positive
working in
teams in workforce ready
alignment to deliver under

DEVELOP the odds
LEADERS
BREEDS
Build next gen INNOVATION
leaders
Creates roos to
experiment and

hence brings
innovation

SERVANT LEADERSHIP DEFINES A TRUE LEADER…



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Paul Strange INTERNATIONAL
HR Consultant
EUROPE HR
VOLVO LEADING THE WAY ON
INCLUSIVITY With this mix of people, they are
living to their values and are an
Sweden’s car manufacturer Volvo has example to other employers in
a truck factory is one of the poorest Sweden of aligning their workforce to
districts in Gothenburg. The area has the environment. How can HR
a high immigrant population. Volvo support values which support
are recruiting local people in this area diversity and inclusion (D&I)? Here
and they believe that their success is are three tips. Firstly, ensure that
based on diversity. And that they are diversity is prominent in your on-
hiring from the local community. The boarding process. Assuming, as Volvo
factory’s workforce numbers 2,800 has, that you are recruiting the right
people descended from 35 mix of people, ensure that they
nationalities. receive a clear introduction to your
D&I values. Include learning on what
diversity and inclusion means for your
company. Train new managers in
diversity awareness and introduce
mentorship perhaps.

Ensure that you have anti-discrimination policies in places – an HR
responsibility. And promote diversity through training.

Volvo are now seeking to focus on inclusivity. “We are moving away from
diversity and towards inclusion,” says their human resources head. This is
reflected in targets to achieve a better balance of women in management
positions. They have moved to 30% share but want to achieve 35%. In the
meantime, they are open about diversity in their brand advertising. In its
global advertising, Volvo Cars has used the slogan “Great minds don’t think
alike” — the message being that a workforce built on this principle produces
better cars.
A good case of an employer living its values.

GERMANY GREEN LIGHTS PLAN TO ATTRACT MORE FOREIGN WORKERS

Next year, Germany will introduce changes to immigration laws and other
policies to open up the job market in Europe's biggest economy to workers
from outside the European Union. It wants to boost immigration and training
to tackle a skills shortage weighing on the German economy at a time of
weakening growth.

The new immigration rules will be based on a points system and will include
streams for skilled and non-skilled workers. There are labour shortages in a
variety of sectors, from food and childcare to IT and renewable energies.

The new approach attempts to increase legal immigration routes to Germany.
With job vacancies at an all-time high of 850,000, Berlin is seeking labour from
abroad to fill that gap.

BUTCHER IMPORTS STAFF FOR CHRISTMAS RUSH

As an illustration of the need for foreign workers in Europe, this story is a
good one. UK food producer Cranswick is flying in 400 butchers from the
Philippines to help them with the Christmas rush for meat sales. In past years,
the producer resourced butchers from the EU to help them in December, but
this source has now dried up following the UK’s decision to leave the EU.

Each butcher will cost £10,000 which includes flights, visa processing and
accommodation.

THE RIGHT TO BE BORING

I liked the story from France where a long running legal dispute has been
settled in the High Court. An employee was sacked for not following the
company’s values of ‘Fun and Professional’. This manifested in frequent
company social events, but the employee disliked them as they were often
alcohol fueled parties and other practices which the employee found
humiliating and intrusive. He just wanted to be boring and won his case.

HIRING METRICS
YATENDRA KUMAR – ESSEL GROUP – HEAD HR



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SKILL BUILDING

a study by RD Group







What are the various policies you have that encourages employees to enhance
their skills

• Skill Development or Apprentice is more or less same but with different
approach. The Companies need to focus on quality manpower for which Skill
Development Centers need to be build up to train quality manpower for future
crisis.

• IDP
• Focus Group, Calibrate Skill Matrix and linked to there development needs/goal
• training policies
• KRA Based Performance Appraisal System *HSE Meetings *Integrated QHSE

Systems
• Employee engagement like Sports activity, sharing the gain & pain with

employees in the shop floor meeting, Appreciation for best performer of the
month, Birthday celebration.
• Reward & recognition
• Some of the steps are:- Discuss and create a development plan during the
performance planning cycle Cross-training Provide timely behavioral feedback
on performance and discuss ways to improve and develop further Mentoring
• Career AdvancementPolicy



UPDATES

Xiaomi’s President Wang Xiang to step down on Dec 30

Chinese smartphone maker Xiaomi has announced a leadership change.
According to the latest development, Xiaomi’s President Wang Xiang will step
down on December 30.
Xiaomi’s co-founder and Chairman Lei Jun confirmed the development through a
letter to its employees. Xiaomi’s billionaire co-founder is betting $10 billion in the
electric vehicles market, reported Bloomberg.
Before joining Xiaomi in 2015, Wang worked with Qualcomm as Senior VP and
President of Greater China from 2002 to 2015.
Earlier, the smartphone maker reportedly started reducing its workforce. Xiaomi
has started slashing its smartphone and internet services business workforce.
Xiaomi is an internet company with smartphones and smart hardware connected
by an Internet of Things (IoT) platform at its core.
Xiaomi is currently the world’s fourth-largest smartphone brand, and has
established the world’s largest consumer IoT platform, with more than 196
million smart devices connected to this platform, excluding smartphones and
laptops.
Currently, Xiaomi products are present in more than 80 countries and regions
around the world and have a leading foothold in many of them.
In July 2019, Xiaomi for the first time made the Fortune Global 500 list, ranking
468th among all, and 7th in the Internet Services and Retailing category. It is also
the youngest Global 500 company of 2019. Source : Peoplematters

SBI Funds appoints Shamsher Singh as MD and CEO

SBI Funds Management Ltd (SBIFML), a joint venture between State Bank of
India and Amundi, Europe’s largest asset manager, has appointed Shamsher
Singh as managing director (MD) and chief executive officer (CEO) of the
company.
Singh, who was the deputy managing director of State Bank of India (SBI), will
take over as MD and CEO of SBIFML from Vinay M Tonse on his repatriation to
State Bank of India.
Singh comes with more than 32 years of extensive experience working with
State Bank of India in various verticals including investment banking, finance,
corporate banking and banking.
He joined the Singh as a probationary officer in June 1990 and rose through the
ranks to become a deputy managing director successfully handling leadership
roles across regions in addition to doing international work in US, Bahrain and
UAE. Prior to his appointment at SBIFML, he headed the Ahmedabad Circle of
SBI as the chief executive officer from November 2020 and was responsible for
business growth and ensuring regulatory compliance across more than 1400
branches of SBI. He heads the retail business operations of SBI across the state
of Gujarat and the Union Territory of Dadra and Nagar Haveli & Daman and Diu.
“It is an honour to be a part of SBI Funds Management Limited and a huge
responsibility to manage the growth dynamics of the No. 1 mutual fund house in
the country. I am committed to our mission to be an ethical, responsive and
innovative partner in investment solutions while continuously delivering value to
our investors and distribution partners,” said Singh.

“Our goal as a market leader is to be home investors consider mutual funds
more when planning for their financial goals as we reach out to investors with
our offerings across portfolio management services, diversified investment
funds and offshore funds. As I embark on this new journey, I am confident that
SBI Financial Management will continue to reach new heights and new heights
while serving our stakeholders,” he added. Source : Peoplematters

Novotel Pune has appointed Sanyukta Gholap as Director of talent and culture.

Gholap has expertise in HRMS, people management, statutory functions,
compensation and, benefit. At Novotel, she will take care of developing and
managing the annual budget for her division. An HR professional with more than
nine years of experience in human resources management with the hotel industry,
she has done MBA in Human Resource Management and a Bachelor of Science
Degree in Hotel Management from Savitribai Phule Pune University and Institute
of Hotel Management Gangtok, respectively. “I'm happy to share that I'm starting
a new position as Director Talent and Culture at Novotel Pune Nagar Road-Accor
!,” Gholap posted on Linkedin. Prior to Novotel, Gholap worked with Marriott
International as Human Resource Manager for more than five years from June
2017.- Trident Hotels, IRCTC, Spree Hospitality, Quality Inn and Suites were other
hotels where she worked in various capacities. Source : Peoplematters

Noise appoints Smeer Chopra as chief financial officer

Connected lifestyle tech brand Noise has appointed Smeer Chopra as its chief
financial officer (CFO). In his new role, Chopra will lead the financial advisory
division and work closely with the founders to identify the right opportunities as
the organisation scales up to the next level, thereby supporting business growth.
Chopra comes with a career span of close to two decades. Prior to joining Noise, he
has worked with brands such as Lenskart.com, Bharti Retail, Bharti Walmart, and
Coca-Cola. He also comes with a strong people orientation and the ability to lead,
motivate, develop and nurture teams making him an ideal fit for Noise.

“I am delighted to welcome Smeer to our dynamic team at Noise as we venture
towards accelerating our growth at both business and organisational level. We are
confident that with Smeer’s experience and demonstrated leadership, we are
primed for greater milestones and profitability in the coming years,” said Amit
Khatri, co-founder, Noise.

“I am elated to join the dynamic team at Noise. Noise’s emergence as a leader in
the smart wearable industry has been remarkable, and with the brand being at a
critical growth juncture, it is an opportune moment for me to leverage my expertise
to contribute to the brand's efforts towards scaling up,” added Chopra. Source :
Peoplematters

Micron to cut almost 5,000 jobs in 2023

Micron Technology, one of the world's largest manufacturers of memory chips, has
announced that it will be laying off 10% of its workforce globally, or 4,800 jobs, in
2023.

The job cuts, which will include voluntary departures, are part of a massive
restructuring measure meant to reduce projected losses over the next year. In its
quarterly financial results released on 21 December, the company disclosed that it
is predicting a sharp decline in sales and resulting losses throughout at least the
first half of 2023, due to a sudden glut in the semiconductor market.

Micron CEO Sanjay Mehrotra said the semiconductor industry is currently looking at
experiencing "the most severe imbalance between supply and demand " in 13
years, a dramatic reversal from the global shortages that hit dozens of industries in
2021 and resulted in thousands of layoffs last year.

He attributed the industry situation to a combination of macroeconomic
uncertainty, falling consumer demand, and large stocks of semiconductor inventory
among Micron's customers - the result of dozens of major manufacturers in
automobile, computer, and other semiconductor-dependent industries stocking up
in response to the earlier shortage. Source : Peoplematters

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