Commenting on the spate of recent M&A;’s globally, he emphasized the need to eliminate the short-sighted HR policies that organizations inadvertently fall into in their pursuit of short-term return on investments. He opined that in addition to these organizations’ efforts towards employee return and integration could drive home better profits in the long-run.
His remarks on the existing HR policies in companies highlighted the need to shift the focus to results than processes. This is likely to reduce unnecessary controls on the employees in turn promoting creativity and fostering individual responsibility.
Later, Mr. Singh later veered the discussion towards roles of HR personnel in the industry. His lively responses clarified queries about relating HR to the other functional areas of the organization. In the free wheeling discussion that ensued Mr. Singh remarked that every individual in the organization should understand that the profit and loss statement is the ultimate truth in any company. He went on to add that the knowledge of HR in addition to marketing and finance can help one get the overall picture of the organization and pull the right levers to restructure it.
At the end, responding to one of the student audience on choosing one’ specialization, Mr. Singh said “It will be the interest in your work that will keep you going and remember that there will always be someone earning more than you”. With this he urged the students to identify and follow their inclination in order to add value to themselves and their work.