On November 3, the AIESEC  (the Delhi chapter of the largest student run organisation worldwide ) HR Summit at The Grand discussed over a long, fruitful day, Human Relations (HR) challenges in a global workplace. The conclave among other things discussed the idea of “borderlessness” in an era where going global is becoming a local trend.  Global expansion however is not just an idea but a reality that entails fresh challenges like cross-cultural environments, unfamiliar laws/legal frameworks, etc. The event looked at these aspects, “in a broader, comparative and international perspective.”  AISEC’s objectives while organising the Summit were:

  • To understand the changing role of International Human Resource Management
  • To enable HR professionals to contribute in exploring, innovating and finding solutions to the key challenges faced
  • To provide a platform for HR executives and management professionals from different sectors to interact and share ideas regarding evolving HR functions across the economy
  • To provide a forum for potential cross sector partnerships and networking

This event also enabled diverse companies to glimpse the potential and magnitude of the network of  internships provided by AIESEC and to explore new talent and the idea of involving trainees from all over the world in Indian work spaces. Also case studies of assorted companies were analysed to throw light on past achievements, false steps and game altering decisions. The emphasis being on a “creative outlook” in something as regimented as “business.” This event also unified divergent opinions on one platform.

The idea of ‘expansion’ was also discussed, as also the”impact of multi-national corporations on the Indian market and case studies about the Indian companies that successfully developed into MNCs.”

What was agreed upon is that the deep impact of globalisation is yet to manifest itself in India but the conclave was one way of discussing how HR Management is key to both success and failure, be it at the managerial level or the recruitment level.  As every business strategy must be far-sighted, the HR Summit focussed on planning for the future through cross-company interactions and exchange of experiences.The hand-picked student delegates at the event, added their own energy and zest to the proceedings.

According to Goldman Sachs, “A demographically young India will be the largest contributor to the global labour force in the coming decades, and will add about 110 million workers by 2020.”

That AIESEC has anticipated this in 2011 via this conclave speaks well for the future of young, local businesses hoping to go global in the near future.

Note: Pic above is of key note speaker Mr NS Rajan, Partner and Global Leader- People & Organization Ernst & Young.

Unboxed Writers media partnered AIESEC HR Summit 2011.