Unlocking the Future: SHRM Tech 2024 Elevates Indian Public Sector Enterprises

Introduction

The SHRM HR Tech 2024 Conference, held on May 9th and 10th at the HICC Novotel in Hyderabad, marked a significant milestone for Indian Public Sector Enterprises (PSEs) in the realm of HR technology. With a focus on blending traditional human-centric practices with cutting-edge advancements, the conference provided a comprehensive platform for PSEs to explore the latest in Work Tech.

"Past Forward" - The Theme of SHRM Tech Conference 2024

Under the theme "Past Forward," the SHRM Tech 2024 Conference emphasized the integration of legacy HR practices with future-focused technological innovations. This year’s conference aimed to empower organizations with the latest Work Tech ideas, fostering transformative workplace environments.

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About the Conference

The conference featured a packed agenda designed to maximize learning and networking opportunities. Attendees engaged in various formats, including keynotes, main hall sessions, masterclasses, fireside chats, and panel discussions. These sessions facilitated deep dives into the latest trends and best practices in HR technology.

Speaking at the conference, Mr. Shiv Shivakumar, Operating Partner at Advent International Private Equity, and the ex-CEO at PepsiCo and Nokia, set the tone with his insights on the digital transformation of HR practices. Shiv talked about digital world in HR and said, “In the digital world, one version of truth enables innovation. So push for that one version. What's the H in HR (beyond human)? Honesty and Heart: honesty in calling out what needs to be called out, and heart in making people feel valued.”

The conference saw participation from PSEs across multiple sectors, including energy, engineering, manufacturing, agriculture, business services, education, and banking. This diverse representation highlighted the growing recognition of technology's pivotal role in enhancing HR and People practices across industries.

Raj Tanwar, Chief Strategy Officer and Head of HR at Advantage Club, highlighted the importance of employee experience in this technological era. He said, “The future of EX includes providing purpose, psychological safety, hyper-personalization, a happiness index, a reward-based culture, inclusion, and technology.”

The conference also saw unveiling of state-of-the-art learning solutions, incorporating augmented reality (AR) and artificial intelligence (AI), which also help upskill the workforce. Tailored learning paths address sector-specific needs, ensuring competitiveness in a rapidly evolving job market.

Speaking at the keynote on Day 2 of the conference, Rajiv Bajaj, Managing Director of Bajaj Auto Ltd, emphasized innovation in HR processes. He said, “The 3-legged stool of invention, innovation, and improvement must be leveraged at the workplace.”

Also, at the SHRM booth within the conference area, SHRM’s smart assessments and development solutions using AI to streamline HR processes, particularly at middle and senior leadership levels were showcased. These tools ensure efficient retention, development, and engagement of top talent. 

SHRM’s AI + HI = ROI methodology empowers HR departments to make informed decisions. By analysing workforce data, HR can identify trends, address challenges, and optimize strategies, especially valuable for sectors with large workforces. SHRM’s focus on hyper-personalized employee experiences ensures that public sector employees feel valued and motivated, improving job satisfaction and reducing turnover.

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Conclusion: Join the Transformation

The SHRM HR Tech 2024 Conference underscored the transformative potential of HR technology for Indian Public Sector Enterprises. By leveraging SHRM’s innovative products and solutions, PSEs can enhance their HR practices, drive operational efficiency, and create a future-ready workforce. As PSEs adopt these cutting-edge technologies, they set a benchmark for excellence in the public sector, paving the way for future growth and development.

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