My Experiments with Unleashing People Power

Globalization of business has amplified the intensity of business competitiveness to an all time high. The new economy characterized by the predominance of service firms, Internet revolution, global competition, etc., has placed greater reliance on intangible assets for success. In this context, human capital has become the key component for survival and success. Unleashing people power in an organization thus becomes imperative to achieve business success in the present business environment. As a result, people management has assumed a new dimension bringing the function to the fore. Part I - Human Resource Imperatives for Global Competitiveness Part II - Human Resources Function Part III - Unleashing People Power through Human Resources art IV - People Function: The Road Ahead Keynote - The book creates a rich and colorful tapestry of the human resources function, weaving together diverse concepts, ideas, strategic initiatives, practical techniques and tips and "how we did it" stories into a grand design of an HR model which was implemented successfully in a Maharatna public sector undertaking, the NTPC Ltd. The author clearly brings out the importance of human resources function in ensuring sustainable growth and success of a business organization. He gives a detailed account of various initiatives undertaken by him in NTPC under the conceptual framework of what he calls 'the four building blocks of HR' - Building Competence, Building Commitment, Building Culture and Building Systems, supported by the three essential peripherals of CSR, governance and employee relations. These initiatives resulted in the building of a simple learning organization, which is its cogent deliverable and at the same time increasing employee satisfaction, as measured in organization-wide climate surveys had NTPC declared as one of the best companies in India to work for year after year.