Rajeev Bhadauria, currently Director Group HR of Jindal
Steel & Power Ltd. brings with him a rich, diverse and rare experience in
his 28 yrs of cherished career as an HR Professional both in the Public and
Private Sector. Having deftly dealt with sectors as core as Power, Core
Infrastructure, Cement, Shipping, Mining, Natural Resources, Oil & Gas and
Communication on one hand and service sectors such as health care,
entertainment, financial services on the other hand, Rajeev is arguably one of
the most astute HR professionals around. His strong system orientation, deep
business understanding and wide exposure to global trends and practices coupled
with his voracious reading make him the most sought after HR professional.
Rajeeev Bhadauria was present at SOM on 14th april to talk on the topic 'The challenges for Busnesses in the post Lehman world'. He started
with an interactive session on the reasons for the Lehman brothers’ crisis of
2008. He went back 10-12 years to understand the events that led to this
crisis. The rapidly changing technology, such as the advent of the internet,
and the fast pace of globalization had made people lose sight of the
distinction between prime and sub-prime as they raced to take advantage of
these opportunities.
The rate of
obsolescence had become so high that people did not notice that the business
drivers had changed by 2008. Post 2008, the new business driver has become
change itself. The technological drivers would be those that help us tackle the
change such as web 2.0 and business performance platforms. The theories that
worked pre 2008, such as motivation and linear extrapolation are now being
replaced by theories of paradigm shift.
He
reiterated that the golden rule is that there is no golden rule. The
competencies required to face this new world of a dynamic equilibrium would be
ones like design thinking. His talk was peppered with interesting anecdotes
which involved Galileo, Swiss watch makers and many others.
He then
opened the floor to questions which prompted another round of discussions of
enforcing this change in the workplace.
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