Hard to replicate HR talents

It would be possible to replicate a product, infrastructure, technology, etc within a certain period of time, but it may not be easy to replicate talent and core competence of Human resources of any organisation," Rajorshi Ganguly, Vice-President-HR-Global Generics, Dr.Reddy's Laboratories Limited said. Speaking as Chief Guest at two-day 2nd International Conference on Human Resource Management on the theme 'Enhancing Organisational Value through HR' recently at IBS Hyderabad, he stressed the aspect of 'replication of competitive advantage' in an organisation's context. Ganguly reiterated many a times in his address, the changing dynamics of HR function's role and opined that HR as a chequered background. He reminded everybody that the gamut of HR operations is huge which was reflected in 'Toilet to talent' management. He added that progressive CEOs realized the value added by HR in the areas of talent acquisition, development and retention. Prof. J Mahender Reddy, Vice-Chancellor, IFHE, Hyderabad in his inaugural speech emphasised the perpetual need of academia interaction with industry that enable to design effective and 'industry-ready' curriculum. KJA Swaroop, General Manager - HR, ITC Papers, opined that until HR professionals have 'values', it is difficult to add value to an organisation. The conference was attended by delegates from India and abroad. An exceptionally full-bodied group of speakers presented conceptual frameworks, case-studies, practices and challenges faced by HR professionals in various sectors and the corrective measures that can be taken to enable the HR function in every sphere of business.