Changing Paradigms of Value Proposition offered by Organizations in the new normal and how Insurance companies are overcoming these challenges
Praveen Menon, Chief People Officer, IndiaFirst Life Insurance Company Limited
Pandemic was an unprecedented crisis and unknown to humankind and to deal with it required out of the box thinking and innovation, be it medically or be it business wise. The Human Resources (HR) function being the custodian of employee life cycle journey and especially in the new normal, it is not only important that HR team becomes resilient to handle the crisis, but it is also imperative that HR as a function is able to create within the company an ecosystem such that it is : – 1. Cognizant and responsive to the changes and volatility occurring in the internal and external environment 2. Able to sustain engagement levels and collaborative spirit within the employees despite the challenging times 3. Inspiring and accommodative to nurture productivity from employees