People Matters Magazine June 2021: Covid-19 Rages on

Page 90

Pragya Srivastava

The challenges of managing the global workforce

Employee Experience

There has been a growing awareness in the C-Suite about the traditional headquarters model losing competitive advantage through non-utilization of the power of a global talent pool

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lobal companies have traditionally operated with the model of a headquarters driving the strategy and putting guidelines in place, with subsidiaries located in different countries following the direction thus set. I call this the “hoarding of power model,” which the majority of the MNCs adopted. But, over the past decade, there has been a growing awareness in the C-Suite about this model losing competitive advan| June 2021

tage through non-utilization of the power of a global talent pool. Technology drove the digital transformation in almost every Fortune 500 company. These drives are still going through various iterative cycles to get to the “true meaning” of harnessing the capabilities of the globally dispersed workforce. While goals may differ, the challenges this transformation brings to the workforce remain common across the board, even with the COVID-

An efficient digital global workforce will mean a shift of power from the leader to an employee who can be anywhere across the globe. But the biggest challenge has been the passive resistance from leaders who are averse to this idea 19 pandemic adding another layer of complexity. The biggest challenge, in my view, has been the passive resistance from leaders who are averse to abandoning the “hoarding of power” model. An efficient digital global workforce will mean a shift of power from the leader to an employee who can be anywhere across the globe. It is a big cultural


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Articles inside

Knowledge + Networking

4min
pages 102-103

the roaD less travelleD

13min
pages 96-101

interview

7min
pages 92-95

e mployee e xperience

4min
pages 90-91

i nterview

16min
pages 80-89

Clinton WinGRovE, Principal Consultant, Clinton HR Ltd

5min
pages 77-79

GautaM dutta, CEO, PVR Ltd

8min
pages 73-76

PRiyanka anand, Vice President & Head, Human Resources - South East Asia, Oceania & India at Ericsson

8min
pages 69-72

aMit BHatia, Senior Analyst, Forrester

8min
pages 62-65

SaMiR BEdi, Asean Workforce Advisory Leader, EY

4min
pages 66-68

anJali CHattERJEE, Head - People and Culture AirAsia India

9min
pages 57-61

Ravi MaitHani, Head of People and Culture, Tide (IN

6min
pages 54-56

JoHn Gaunt, Synechron’s Chief Human Resources Officer

7min
pages 50-53

w orkplace w ell-being

5min
pages 40-43

i nterview

8min
pages 44-49

Diversity & i nclusion

19min
pages 30-39

e mployee e xperience

5min
pages 22-25

s pecial i nterview

7min
pages 26-29

Rapid Fire

16min
pages 13-21

Quick Reads

12min
pages 8-12

Letters of the month

5min
pages 6-7
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