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More gensets and diesel engines from TAFE Connecting the unconnected Applauding enterprise... An aerospace-defence cluster in Tamil Nadu… The new look- 4s Verna Research needs more funding Focus on self-certification and third party inspection Rating of states to be released soon Three more leather clusters… CUB: towards card-less withdrawal Indian Bank – global businesses crosses Rs 3 lakh crore... Industry-well poised to invest on expansion Housing Innovation Challenge, 2015 Chola MS net crosses 100 crores Inclusive and forward moving... Illicit markets a concern to growing economy Ridley marathon to India European crisis is a global crisis! Business Briefs Placing the right shoe forward... Gem of social service... TOP 10 CEO Compensation TiE applauds innovative entrepreneurs LVB gears to become a financial supermarket Big-ticket investments march towards Punjab BRICS development bank SumInfra- corridor based development... ALL-two launches in a row WABCO’s second Chennai plant A global plastic event in India Chennai Port is at last decongested! OBO Bettermann for better lightning protection Bridging the skill deficit in pharma industry Secured NCDs from Shriram City Dynamic e-commerce scenario Techies trip to India Investor friendly Japan Need to focus on ease of doing business... TN budget pragmatic and moderate on fiscal deficit Chennai will soon get its World Trade Centre Pharma market dozes Celebrating 180 years of relevance Make way for the new and dynamic railways When Centre visits the state Steel loses its sheen World labour laws at a glance Auto test tracks launched at GARC Oragadam campus Towards peace of mind Nigeria comes nearer People Flow Day- Safety ISRO's 100th mission Tata Steel commence operations at Kalinganagar Durga - India’s largest blast furnace; now operational Digital retail transactions stabilise at higher level… Purdue and IIT-M sign the dotted line Brand leaders come forward... Carrefour’s quick exit TVS Logistics – another acquisition to sharpen the business model Apple maps – finding its way Nothing to hide... Veritas Finance- financing the unfinanced ALL – truck industry is recovering from degrowth Indigo stays leader with 40 per cent share Curbing steel imports will hurt small business... ALL to launch electric busses An American alliance in the chemical industry? - Smart controls for cooling large multi-zone spaces ... Waste, a gold mine Sun Edison launches solar pumps Scoot offers just Rs.13,500 to ANZ... Striking cords for 25 years… Creating Tamil Nadu Banana brand Innovation that helped Chennai port Well-refined – RIL’s refinery margins zoom ECGC expands operations Business Breif Celebration time at MS Chola Economic issues take a back seat at G20 summit Chola MS launches motor app Economic, business and social sustainability Time to fast-pace the logistics sector Adding Zest to Scooty Chennai to get a roundabout Metro TII’s single largest investment at Thiruthani AirAsia India infuses funds to fight out competition Flexible labour laws… Realty sector takes a break... Blue Star plans a new plant in south Reality bytes Realising double digit growth in Tamil Nadu IFCI to raise NCDs upto Rs 2000 crore Strategy war escalates between Hero and Honda Changing dynamics in human resource management Downsizing spree... Holiday Inn opens in OMR Chennai Four daughters and a proud father TII-challenging year with flat growth On the ‘milky’ way Airlines wage price war Is Indian telecom industry heading for a monopoly? Climate change may change the way businesses work... STFC raises money Backpack laboratory Schwing Stetter India joins hands with US-based Gomaco Automotive Vision Plan II... Hero Motocorp - smooth ride Hyundai excites again TCS’ revenues cross Rs 100,000 crore Murugappa- a year of consolidation
 
Changing dynamics in human resource management

From mere selecting of talent for an organisation, today the role of human resources department has taken different dimensions.

With attrition rates becoming a concern, the CII conference on TN HR Summit discussed on the changing trends and the need to keep attuned to it. P Padmakumar, Head- Human Resources, Saint Gobain Glass India Ltd, pointed to the roles of HR manager ensuring cordial industrial relations. “HR Managers, while recruiting should look beyond compensation and inculcate the virtues of the company into the recruiting candidate. This will help in retaining talent.”

He pointed to an emerging field of HR analytics in which huge data are analysed before recruiting candidates. “What was then done on a gut feeling, cannot be continued. Like surgeons HR managers can make or break an organisation,” said Padmakumar. Kumar Jayanth, Secretary, Labour and Employment, Tamil Nadu pointed to the TN Skill Development Company aiming at skilling youth and invited partners from the private sector for this mission. Around Rs 150 crore has been set apart for the year.

With the GIM, new companies are expected to open shop in the state. Jayanth expects this would create a need of around 5000 HR professionals.

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