Emerging challenges for HR professionals- 1. Growth

As we celebrate our 63rd Independence day, lets us think that how we can contribute as HR professionals  so that the fruits of growth and economic boom can be sustained over longer periods of time. The context is next 10 years we(India) are going to have a consumer driven economy and employees are a part of the society are going to experience the same. This shall have the following implications at workplace

The 6 challenges to look forward is

1. Growth paradigm:  We shall be going near double digit in the years ahead. This kind of growth leads to a feeling of a "high". Growth is going to dominate Indian psyche and mind. This shall be carried forward to the workplace and may lead to premature pride and arrogance which may be manifested by the same growth experience of his career.  The present HR philosophy give s a false notion of growth by equating it to a ladder like climbing till you reach the peak and we know as we move up there is a limit on the number of people who can occupy top positions.  The challenge is how to create a sustainable career model for employees and move away from the artificial understanding of careers. This journey should be in direction of capabilities not titles, skills , competencies, work life balance,  access to technology, workforce flexibility etc. Being a SME is as important a career as a General Manager. But this requires HR polices to be relooked differently than the present way, where as one moves up , one gets more benefits and recognition.

Q1. Can we have role driven recognition and reward than hierarchy driven?

Q2. Can we provide  holistic meaning of career encompassing all aspects mentioned above and  create a compelling framework?