MTHR Global HR conclave October 2016- Leadership lesson from sports and arts

If you are missing an MTHR Global event, you are missing something. Yesterday I met Sumita in Shine HR conclave in Mumbai. She is a senior HR professional in India's leading consumer MNC and we discussed in length about benefit of attending an HR event and how it supplement to your confidence, networking and growth. Similarly, met another old HR friend Rupal, who advocated attending HR conclave is a much better idea to enhance your knowledge and skills instead of spending heavy amount in certification. MDPs, EDPs from institutes like IIM, XLRI is nothing more than an incentive scheme to retain their professors and for corporates, to retain senior employees through networking and tag.
I have attended many MTHR Global event and each one of them is class in themselves. You get a different perspective every time. Sometime, you may wonder, really! HR has so many dimension? Business are functioning like this and so on. Sometime you will find an ex DCP talking about business, sometime, somebody from sports talking about business and even you will find Tom Alter, the legendary actor coming on stage and telling us what is personal touch in business and how call centre culture has killed that. In Whatever business you are, in whateverfunction you are, do not miss this opportunity. This is open for all thats why it is More Than HR Global. 
So friends, register now and enjoy the learning session.
This time, the topic is most relevant- Leadership lesson from sports and arts. Both sports and arts is subject to rigorous practice and discipline, its all about practicing for years and performing in few seconds or miliseconds.Speakers are not announced yet, but I am confident, most of them will do justice with the time you invest.

More Than HR Global
in association with
MIT School of Management
“Lessons in Leadership from Sports & Arts”
On Saturday, 8th Oct, 2016, 9am to 5pm
at MIT Campus, Paud Road, Kothrud, Pune
"Running a football team is no different than running any other kind of organization -an army, a political party or a business. The principles are the same. The object is to win!” - Vince Lombardi
MITSOM, Maharashtra’s leading Business School partners with MTHR Global to present an event like no other titled “Lessons in Leadership from Sports and Arts”.
Using vivid lessons and examples from spheres outside business organizations, this Event will explore the leader's role as a powerful influencer and teach the fundamental principles of successful leadership. Providing insights and principles about persuasive leadership from a broad range of human experiences, it will draw on examples of Practising organizational and other leaders and compelling leadership principles from the performing arts, the fine arts, literature, sport, adventure and so on. The Speakers will use their unconventional matter to explore themes such as moral leadership, toxic leadership, learning from failures, 'distributed' leadership, leading for results and the leader as a mentor and coach.
Participants can learn how:
-          Hard work beats talent when talent fails to do the hard work                     - The difference between possible and impossible lies in a person’s determination
-          To lead a Project from Start to Finish                                                                      - To Manage Dynamic People Effectively
-          To Ensure Total Accountability                                                                                   - To Implement Big Picture Thinking
-          To Remember gender equity                                                                                       - Everybody defines his or her own success
 Both business leaders and HR professionals should seize this opportunity to participate in this Event and help their organizations take full advantage of the learning.

9:45 am - 10:10 am
Lighting of Lamp, Inauguration ceremony, Intro to MITSOM and its activities
10:10 am - 10:20 am
Intro to MTHR Global and Theme
10:20 am - 11:00 am
Lessons from the Arts: Tete-a-Tete with Meher Pudumjee, Chairperson, Thermax
11:00 am - 11:15 am
Tea & Networking Break
11:15 am - 12 noon
What I Learnt from Sailing: Rajeev Kher, CEO, Saraplast
12 noon - 1 pm
Expanding the Boundaries of Learning through Sports and Arts

Panel Discussion:

Shobha Pandey, Head - General Manager Talent Development, John Deere

Capt Anil Dhankher, Head - HR, Abu Dhabi Commercial Bank

Sharad Gangal, EVP - HR, Admin, IR, Thermax India

and others

1 pm - 2 pm
Lunch & Networking Break

2 pm - 3 pm
Leadership Lessons from Sports: Prakash Iyer, Leadership Coach, Speaker & Author
Former Managing Director – Kimberly Clark
3 pm - 4 pm
Talent Development through Lessons from Sports & Arts

Panel Discussion & Workshop:

Kavita Kulkarni, VP & Head - HR, Infosys

Pratima Salunkhe - Head HR - Raychem RPG Ltd

and others
4 pm - 4.15 pm
Vote of Thanks
4.15 pm onwards
High Tea & Networking 

About MITSOM Business School:
MIT School of Management (MITSOM) was established in 1987 to impart value based education in the field of management science with the aim of creating global leaders and entrepreneurs for the nation. MITSOM was conceptualised by Prof. Ganesh Rao which then grew from strength to strength. MITSOM has witnessed a phenomenal growth in terms of quality and quantity and is on a mission to be a among the Top 10 Management institutes in India.
Courses at MITSOM are designed to equip students and managers with skills to meet the challenges and opportunities of the Corporate world. MITSOM is not only a leading provider of advanced leading opportunities that strengthen leadership capabilities, but its value based learning model provides transformational experience that fosters professional, intellectual and personal development.
About MTHRG:
Mumbai based MTHR Global (More Than HR Global), a leading Knowledge Community Pan India since 2002 is a not for profit body which continues to bring you the best in Learning and Networking! It is powered by a group of 5 young HR Professionals loaded with over 45 years of experience of Old and New Economy Industries, who are armed with a passion for people and innovative ideas for HR and management. MTHR Global also created the MTHR Global CxO Forum which is India’s most active CHRO community today.
Knowledge Partner:       People & Management Magazine
Mobility Partner:             Deltecs
It’s an event not to be Missed!!!  So, block 8th October 2016 on your calendar and send your confirmation at the earliest!
The participants of this Event are over 500 Corporate professionals across Pune, Mumbai & other parts of India, comprising of Leaders and Influencers from HR and other functions.
Registration Process:
There is no cost of participation but prior registration and confirmation from our end is a must.
Please send your details to

We are also arranging Buses from Pune. We are trying to arrange buses from Mumbai too (Will be confirmed shortly)
Please become a member of MTHR Global by registering at the Official Groups on Social Media and keep yourself updated on all MTHRG activities:
Linked in:  
Facebook:    (New Official Group – please disassociate from the previous group)
Do Register for the event At the Earliest to avoid disappointment.
Co-Founders and  facilitators of MTHR Global
Rajesh Kamath, Rajesh Gupta, Vipul Agarwal & Keyur Jani

Please note that there are groups of people impersonating MTHR Global. Be aware of those groups and promoters.

Vipul Agarwal
Co-Founder | More Than HR Global & MTHRG CxO Forum |

Director | Zend Consulting Services |

KonfidanT- an initiative of KIIT University to bridge gap between industry and academia

Good Morning.

While writing this article, I am enjoying weather and hospitality of Bhubaneswar. 

You may find few of my posts and articles sarcastic as I am a strong protester of the sect of who believe that only MBA and only tier 1 MBA school can produce good professionals. What worries me most is, most of the B school and students are of herd mentality and they are not producing the young professional required for business beyond excel sheets and presentations

I have been very sceptical about private universities in India and their racket of money minting through various degrees and malpractices. You may go through few of my articles in the past. 

When Ashish Gakrey (founder, HR Shapers) introduced  me to KISS and KIIT last year, it opened a new world for me- that there is an institute who truly work in the field of education and provide free education to almost 25000 tribal children from primary to doctoral level. Please read following article for more details

This year, I have been invited to mentor 10 MBA students (from second year) of Kalinga School Of Management (KSOM) and I could not refuse. I would have regretted if I would have missed this opportunity of collaborative and mutual learning. 

How it started?
Almost 16 HR professionals from Mumbai, Pune and Kolkata were invited to mentor students. Each mentor were assigned 10-12 students of MBA 2nd year of different specialisation. First, the mentors were briefed about overall process of extensive 2 days programme. They were assigned their respective teams and it started with Group Discussion followed by mock PI.

Institute's role
There was no canvassing and there was no sweet talk. The Director as well as Sanjay Muthal (who was responsible for driving the whole process along with Mr. Aniruddha Khekale, Group Director, Human Resource, India, Emerson) were very clear. Go ruthless on students, show no mercy and tell us where they are lacking. How many B schools open themselves like this in front of the corporate to tell what their B school is, where is the gap? The intention was to fill the gap and not to canvas it. 

The process
Each mentor spent 2 days in Group Discussion and Personal Interview of the students. They analysed the gap and in the closing meeting briefed the students the students with overall/individual Development Plans.

What was the outcome?
The overall student quality is as at par with the many B schools who are graded above than KIIT SOM and all the mentors were happy. Overall result was almost same and all the mentors along with a faculty mentor from the institute assigned the task to fill the gap. 

What about students
Students were amazing. I had a group of 10 students from marketing, finance, operation and HR. If given opportunity, I could immediately hire 2 of them. They were very good in terms of communication, presentation, knowledge, their leadership, team handling ability (judged through personal interview, GD and DISC). They were open for feedback. They were not arguing at all. We (the faculty mentor and I) planned IDP (Individual Development Plan) for them. Amazingly, few students added additional task based on the feedback given and that was really surprising. They are in the second year, already burdened with their work, yet, ready to go extra miles to fill the gap. I am sure any HR friend reading this blog will not regret if they hire from KIIT campus. One of the students, Sudeepta surprised me in many ways. Before the first meeting, she scanned my LinkedIn profile and asked several intelligent question including my different activities, initial career change and so one. That was really surprising. I had never been  asked such a quality question, not even in Mumbai. Talent is everywhere. You need to identify. 

What about the faculty?

Faculty were not defensive at all. To be very frank, without their support and open for criticism, the KonfidanT 2016 would not have been possible. Each professor was assigned to one industry mentors and these great gurus are: Prof. Braja Ballav Kar, Prof. Satya Narayan Mishra,Prof. Manvinder Singh, Prof. Buddhaditya Padhi, Prof. Jitendra Mohanty, Prof. Biswajit Pattnaik, Prof. Joydeep Biswas, Prof. Sradha Padhi, Prof. Manoj Kumar Jena, Prof. Abhishek Kumar, Prof. Subhra Patnaik , Prof. Arun Patra, Prof. Indirah Indibara, Prof. Arvind Tripathy, Prof. C. V. Kamesh, Prof. Bandana Dash, Prof. Jogendra Behera, Prof. Sumita Mishra, Prof. Saroj Routray, Prof. Surya Narayan mishra, Prof. Suva Kanta Mohanty, Prof. Joydeep Biswas, Prof. Ipsita Nayak, Prof. Ashok Kumar Sar and Prof. Sugato Tripathy. My co mentor was Professor Arvind Tripathy. He was such a great help. Wherever I was exceeding allotted time while interviewing, he managed to help me. Wherever I was not able to clear my expectation with students, he came to my rescue. All the professors are from diverse backgrounds, from institutes like IIM and XLRI and most importantly, they come with corporate experiences. They are passionate, they are visionaries and they are leaders.

What is next?
All the students have their individual development plan for next year and I am sure, in the next year most of them will be ready enough to get their dream job. KSOM has seen rough patches and good time with ever increasing placement and its reputation. I am sure this will emerge as a leader in business school not only in east India, but also at a national level. 

and here is Mr. SanjayMuthal who took the charge and is responsible for bringing all of us together. An excellent orator and a person with passion and commitment. 

Should you participate in this mentorship programme - KonfidanT?
Every HR should participate in this kind of programmes due to various reason. or alternatively  (Here are few reasons why no HR professional should miss the chance of being part of such kind of programmes) As an HR, we barely know the candidate beyond the CV. What we know is, through the resume and performance during the interview. That can be faked up easily. As a mentor, when you spend time with these beautiful minds you actually get to know about their strengths and weakness. You know their true quality and value. You can mould them, you can shape them and you can hire a right candidate and can bring right people to your organisation.

Most of all I count on the satisfaction of sculpting the clay & make a beautiful idol out of it. 

If you are interested to participate, please write to Rajan at or Professor Manoj at 

Here is some of the memorable pic:

We, the mentors with super mentor Dr. Achyuta Samanta founder of KIIT University and KISS. It was a privilege to be with him. 

Professor Arvind Tripathy and I with my fabulous team, my mentees Abhishek, Answesha, Jyotirmoy, Sudipta, Dilip, Aleeva, Saswat, Sumit, Suraj and Sonalika Mohanty. 

Aniruddha Khekale, Group Director HR- India, Emerson with his team of mentee. (I am also his mentee, but missing from the picture :) ) They are lucky to have him as a mentor. 

and here is SanjayMuthal who took the charge and responsible for bringing all of us together. An excellent orator and a person with passion and commitment. 

Should you participate in this mentorship programme - KonfidanT?
Every HR should participate in this prograame due to various reason. As an HR, we barely know the candidate. What we know is, through the resume and performance during the interview. That can be faked up easily. As a mentor, when you spend time with these beautiful mind, you actually know their strength and weakness. you know their true quality and value. You can mould them, you can shape them and you can hire a right candidate and can bring right people to your organisation. If you are interested to participate, please write to Rajan at or Professor Manoj at 

July 25, 2016

Free SHRM webinar on high impact critical roles which are key to business success

Hello friends,
recently, I got an opportunity to meet Laxmanan with regards to UDAN project of NHRDN. He told one very important point "Are we HR capable and competent enough to handle roles". Perhaps not.
I will touch that topic later on in details. The most important part is increasing competency and that is possible only through re-skilling.
Webinar is one of such options and SHRM webinars are very good media.

Following is the detail of one of such webinar from SHRM

If you are still having problems viewing this message, please click here for additional help.

SHRMI Webinar
Investments in developing critical talent have always been questioned for ROI and impact. The double edged sword of rapidly evolving business models and the need to have agility across strategy formulation and execution only underscores the importance of de-risking critical roles. HR is presented with an opportunity to create outcomes by focusing on purpose led, interconnected and a systems based thinking to help organizations turbo charge their strategy.
About our Speaker:
Shaswat Kumar, Leader - HRT & Cloud, Deployment Solutions, APAC - Aon Hewitt
Shaswat is a content leader for HR Effectiveness and the leader for Aon Hewitt’s Global CoE for HR process design and shared services. He has been an advisor to various Fortune 500 corporations on their HR service delivery transformation, shared services, and offshoring initiatives. He also is regarded as a thought leader for shared services consulting. Shaswat was part of the internal project team which helped developed Hewitt HRO’s Global Delivery Model; and helped develop the HRO business strategy for APAC. Shaswat has led the HR Transformation Practice at Hewitt for over 10 years and has contributed immensely to developments of toolkits and methodologies with delivery of cutting-edge solutions for clients. Shaswat has a Masters in International Business from IIFT, and a Bachelor degree in Engineering from Delhi University. Prior to joining Hewitt, he has done e-Business consulting with an Internet Consulting start up and international sales for one of the World's largest exporter of denim. Thank You,
Petula Noronha
Asst. Regional Manager - West
SHRM India | Mumbai
Toll Free : 1800-103-2198 | +91 9619401117
Register Now

13th July, 2016

3.00 pm - 4.00 pm (IST)
Webinar Partner
Recertification Credit
Recertification Credit
SHRM India Annual Conference & Exposition 2016
Leading People, Leading Organizations.

The Society for Human Resource Management (SHRM) is the world’s largest HR professional society, representing 285,000 members in more than 165 countries. For nearly seven decades, the Society has been the leading provider of resources serving the needs of HR professionals and advancing the practice of human resource management. SHRM has more than 575 affiliated chapters within the United States and subsidiary offices in China, India and United Arab Emirates. Visit us at

SHRM-India serves the needs of HR practitioners by facilitating exchange of knowledge resources & practices, enabling professional development, and enhanced opportunities for engagement & networking within the Global & Indian HR communities. Visit SHRM India at

SHRM provides content as a service to its readers and members, but cannot guarantee its accuracy or suitability for a particular purpose. Disclaimer

This email may contain advertisements.

Society for Human Resource Management | 605, 6th Floor, Global Business Park, Tower B, DLF III, Gurgaon, India
Email: | Phone: 1800 1032198 (Toll Free) |
Unsubscribe or Change your email preferences | Privacy Policy

© 2016 SHRM. All rights reserved.

Facebook   Twitter   LinkedIn   Youtube

June 25, 2016

What is Brexit and its impact in Indian economy

Hello friends,

I had been thinking about what best explains the brexit and got following email from HDFC.

They have explained it well and I do not think anything else is required to explain brexit and its impact in India and heee you go

Brexit - A Non-Event for India

What is BREXIT?

The European Union - often known as the EU - is an economic and political partnership involving 28 European countries. It has grown to become a "single market" allowing goods and people to move around. The United Kingdom Prime Minister, David Cameron at the time of his election had promised to hold a referendum on whether the UK should remain in the EU? The referendum has been held and the people of the UK have voted 52:48 in favour of an Exit.

What were the stakes for the British?

The UK is one of 10 member states that pays more into the EU budget than what they get out and only France and Germany contribute more. The UK's net contribution for 2014/15 was £8.8bn - nearly double what it was in 2009/10.
Post Brexit, Britain would also take back full control of its borders and reduce the number of people coming to live and/or work i.e. it will gain control over immigration within the UK-EU.

What happens next?

Technically, MPs could block an EU exit - but it would be seen as political suicide to go against the will of the people as expressed in a referendum.
The referendum result is not legally binding - Parliament still has to pass the laws that will get Britain out of the EU.
Article 50 of the treaty with EU has to be activated by the UK PM. The current PM has resigned and left it to the next PM to take a decision on Article 50. Once Article 50 is activated, Brexit is certain. Brexit should then be a two year negotiation process between the EU and the UK. In a good case, it is possible that UK postpones invoking Article 50 for 6-12 months while negotiating better terms for the UK within the EU and following up with a second referendum in 2017.

Brexit and Indian economy

It is hard to make a case of any meaningful impact on Indian economy of Brexit – either direct or indirect. The UK is a small trading partner of India – UK alone accounts for only 3.4% and 1.4% of India’s merchandise exports and imports, respectively, as of FY16. Even that should not be impacted as Brexit will change the terms of trade between UK and EU and not with India. FDI flows from UK to India stood at only US$1bn in FY15 and US$0.8bn in FY16; hence, not that significant.

Source: Finance Ministry and RBI

Impact on Indian Companies

Brexit can have some impact on Indian companies that have businesses in UK/ EU.
The medium term impact, if any, will be clear only post the revised terms of trade between UK and EU are finalized. This should take 2-3 years from now.

In the interim, the GBP depreciation is an unexpected positive for companies like Tata Steel and Tata Motors (JLR) that have manufacturing operations in the UK.

Barring these companies, the impact on other sectors like pharma, IT, banks and agrochemicals is likely to be marginal.

Capital outflows

A pessimist may argue that Brexit will lead to FII outflows from India due to risk aversion. While there is no meaningful link between Brexit and Indian economy, India is in a strong position even if there are some outflows. Consensus expects India’s CAD to remain manageable at about ~1.5% of GDP in FY17. Foreign exchange reserves at ~US$363bn seem adequate to withstand volatility in the case of global risk aversion. Net FDI inflows have increased to an all-time high of US$36bn in FY16. Impact of any FII outflows even if it does happen will not be felt by the economy, though stock markets may be impacted in the very short run.

Interest rates

Considering India's relatively stable macro situation (CAD ~1.5%, Fiscal Deficit ~3.5% and stable inflation), we do not expect any negative impact on the debt markets. Even if there are some FII outflows, which may lead to liquidity tightening, RBI is likely to provide additional liquidity through repos and purchase of Gsecs in the open market operations (OMO).

Uncertainty in EU is likely to lead to USD strengthening and lower global commodity prices. Interestingly, Brent oil prices were down ~4% today. This is likely to aid continued low inflation and provide room for lower rates in India.

The impact of Brexit on all segments of debt markets today has been fairly muted. In the money market (CP & CD) and corporate bond market - yields have moved higher by just 2 to 3 bps. While the yields in treasury bills and government bond market are flat to lower as compared to the levels prevailing yesterday.

The INR was stable and depreciated marginally vs. the USD while appreciating against the Euro and the GBP.

Global events - opportunities for Indian equities?

The following table lists some of the adverse developments in the world over the last two decades, the impact on the stock markets in the short run in India and the returns one year after the event. It is quite evident that on most of these occasions, the correction in the Indian stock markets was a good opportunity to invest for the long term investor. This is so because the nature of Indian economy is one of secular growth and global developments have only a marginal impact on it.

Table: Past global events and the returns thereafter

Source: Bloomberg

In our opinion, the Indian markets will quickly discount/recover from Brexit. Interestingly, due to focus on Brexit, the steady improvement in the Indian economy has been ignored. The table below gives the key macro-economic indicators.

Source: Kotak Institutional Equities Research

The correction of Indian equities at a time when the Indian economy is improving on nearly all parameters has created a good opportunity for the discerning investor. The chart below presents Market cap/GDP ratio of India. It can be seen from the chart that the Market cap/GDP has fallen to attractive levels.

India market cap to GDP ratio, calendar year-ends 2005-15 (%)

Source: World Bank, Bloomberg, Kotak Institutional Equities, updated till 31st March, 2016

The policy direction in India is right and economy is making good progress on most fronts. The economy and equity markets also appear to be in transition from consumption to capex. Impact of higher infra allocation and the several steps taken by government over the last two years is expected to be felt strongly from FY17 onwards with Railways, Power Transmission and Distribution, Mining, Roads and Urban Infrastructure likely to lead growth.

Improving fundamentals of the Indian economy and attractive market cap / GDP lead to a positive outlook for the equity markets over the medium to long term.

In a lighter vein, Gold prices went up by ~5% today making Indians richer by ~$40bn. Equity markets lost ~$30bn in value today. Hence, Indians are actually better off from Brexit!

To conclude, Brexit is not a material event for the Indian markets. Indian economy is on a steady recovery path and valuations are attractive. The correction in markets thus provides an attractive entry point for the medium to long term.


The views expressed herein as of June 24, 2016 are based on internal data, publicly available information and other sources believed to be reliable. Any calculations made are approximations, meant as guidelines only, which you must confirm before relying on them. The information contained in this document is for general purposes only. The document is given in summary form and does not purport to be complete. The document does not have regard to specific investment objectives, financial situation and the particular needs of any specific person who may receive this document. The information/data herein alone are not sufficient and should not be used for the development or implementation of an investment strategy. The statements contained herein are based on our current views and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Past performance may or may not be sustained in future. Neither HDFC Asset Management Company Limited (AMC) and HDFC Mutual Fund (the Fund) nor any person connected with them, accepts any liability arising from the use of this document. 

HDFC Mutual Fund/AMC is not guaranteeing/offering/communicating any indicative yields or guaranteed returns on investments made in any scheme(s). The recipient(s) before acting on any information herein should make his/her/their own investigation and seek appropriate professional advice and shall alone be fully responsible/liable for any decision taken on the basis of information contained herein.