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Bombay Chamber CHRO Summit focuses on talent management and a diverse workforce

March 7, 2024

Bombay Chamber of Commerce & Industry recently organised a CHRO Summit which had several knowledge sessions on the dynamics of talent management and the importance of building a diverse workforce in today’s businesses.

The keynote speaker was Dr Adil Malia, Chief Executive, The Firm, and a Human Resources professional with versatile experience in the domains of People Management, Change Management and Leadership. Opening the session, Dr Malia said, “We live in an age of knowledge and dynamic changes of time. Talent in the changing times continues to be a sustainable advantage and also continues to be the constant challenge for MSMEs. There are four stages in the talent management process: Identification of Talent, Developing talent through a structured process, Converting the talent into value creating process for the organisation and Constantly updating the talent.” He emphasised that talent is raw when it is born, but it can be developed after training. “The organisation’s ability to identify the talent is the key part,” he added.

 

This session was followed by an interesting session by Sahil Nayar, a social media influencer who was recently awarded the coveted Top HR Voice Award on LinkedIn, a strong testimony to his commitment to the HR and L&D fraternity across the country. Nayar spoke on Employer Branding – Made to Measure. He said, “Every organisation is fighting for the same talent. Believing, being transparent and practice remains the core part of the integrity. Your ideal candidate is choosing you as much as you are choosing him today. The future will have a lot of employer branding.”

The first panel discussion focused on the role of CHROs in building a Diverse Workforce. The esteemed panelists were Seema Nair, Senior EVP & Member of the Chairman’s office at Reliance Industries; Mahafrid Billimoria, Vice President of Talent Management & Employee Engagement – HR at The Indian Hotels Company (IHCL) and Lucky Kulkarni, Country Group Head – HR at Jeena & Company. The panelists spoke on how performance management plays a big role and how data and technology can be used to measure DEI metrics.

The second panel discussion was on Women in Boardrooms. The panel was moderated by Viveka Roychowdhury, Editor, Express Pharma & Express Healthcare and the panelists included Dr. Tarang Gianchandani, Group CEO, Sir HN Reliance Foundation Hospital; Aditi Kare Panandikar, MD, Indoco Remedies and Dr. Nitin Nagrale, CEO – India and Emerging Markets, Quality New Zealand. The panel deliberated on the need for more women representation on company boards and the need to build a talent pipeline to fill those roles.

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