A few months back we at Aventus Partners has carried out a structured interaction with Corporates to understand better their respective and collective human resource needs and explore opportunities of working in tandem to address at least some of these needs.
This included Corporate Leaders, Business Heads and HR leaders across industries like Food & Spices, Financial Services, Textile, Software, Trading, Electronics and Consumer Goods.While 50% of the Corporates were evaluating initiatives that will enable them to accelerate at a faster rate of growth over the next 15-18 months.(To be primarily achieved through expansion to new geographies, products/services/markets), another 30% were keen to focus on consolidating their current position having battled out a tough period 12-24 months back.
We observed that at an individual (employee) level there was a recurring need for Managers in these organizations to display strong decision making skills, risk taking ability, the ability to nurture and rally their people and have the required influence and impact in order to actualise the above plans.
This can be honed by making people
- More aware of the process and the key elements in risks and its impact on decision making
- Cognizant of their preferred decision making style, their responses to risks and their ability to be flexible depending on the situation
- Sensitive to their thinking and behavioral patterns /habits while making decisions
- Capable of creating a personal plan for further skill enhancement.
We believe that this would be one significant step in enabling organisations strengthen skill levels of their people and push decesion making closer to the customers .
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