Write a short summary of the case?

Today the job market is not the one which was a decade before. It has become more dynamic. But there are certain things those never changes these are fears and futuristic hopes. Today is the era of I-Generation. Every one i.e. employee & employer knows what is new & what is best in market in terms of company, technology, product etc. but to be ahead in the crowd they have to strive for the better strategies based on their vision, their future plans. For an H.R. manager or for C.E.O. the leadership skills required at are now at different level. Future s uncertain & unpredictable but now C.E.O. has to anticipate the future and effectively address it (problems addressing) so that they can be ahead in the race. At present two major issues that are very hot in an organization is firstly to attract new talent and secondly to retain the talented pool in he organization. For an organization it is very difficult to understand the behaviour of employee. Taking an instance mostly BPO companies has a high infloe and outflow of talent (employee) which adversely effect the health of an organization. Today no employee wants to be a part of a team which has no objective or say no set goal or path to achieve that goal. Its like a person heaving no zeal to strive for anything in life. Everyone wants to be a part of that ship which is moving towards its destination with a good pace which means that employees wants to be a part of such a team which is moving a good pace for striving its objective because it gives ample of opportunity to employees to grow and learn the new tactics of corporate world. To give the path or objective to the team of an organization is now not merely part of an HR manager but now a CEO is equally responsible for this job i.e. to boost up the employees and to set the objective. According to the MAN POWER REPORT, the changing world of work , the changed hierarchy of organizational structure has completely vanished the old structure like now the concept of virtual offices is at peak . offices are now highly mechanised with the latest gizmos making work

simple .this change has completely changed the scenario of working of organization. These infrastructural changes can be categorised into 3 types of infrastructure: 1) Physical Infrastructure 2) Intellectual Infrastructure 3) Emotional Infrastructure Physical infrastructure like change in the seating arrangement, change in the ambience and hygiene factor with that the intellectual infrastructure means the change in the challenges associated with the job which makes them interesting and challenging and emotional infrastructure means the relation between employee and employer. Employees today are looking for a friendly relationship with a homely enviourment. Now a crucial question arises i.e. what is that which leads to employee and employer working together? And there are two terminologies which clarifies the above doubt i.e. 1) Psychological contract which means a mental state to accept the job responsibilities and commitment to carry out the success of the organization. 2) Employment Contract which spell out the terms and contract related to a job With this another challenge that comes into the picture is creating values for both i.e. employees and employers which are beyond the fat survey. Actually salary is not the binding force between employee and employer but there are lots of things like vision, values, autonomy, meaning full objective & satisfaction from performing a job. These points are the core for any relation in an organization. These are the concepts that have to be tackled by todays leader to lead a team and the reward and recognisation system has to support it. In todays era the person who has rigid belief about how tomorrow Is going to be can only be successful.

One of the key glues that holds people together in an organization is purposeful momentum Discuss?
Nobody wants to step up in a ship which has an endless journey. Today its not the game of fat salary and good perks its the game of challenges. Purposeful momentum signifies that without any objective or goal a team cannot be charged up and today the employees want those jobs which have an objective or goal to achieve and challenge to make job more interesting and opportunity to grow the level of knowledge and step up in life and add on the various experiences. If an employee fails to allocate or assign a job which doesnt have an objective or enough challenges to tackle the employees faith on the employer will diminish, resulting a step out from the organization. Like taking an example say X Ltd a networking company which deals in health care and cosmetics products. Company policy says any member who achieves the target of making member of 25 and sales of more than Rs. 3 Lakh will get 10 % commission additional of what he gets and a holiday package of 2 people within the country and if achieves the target of Rs. 10 Lakh and 50 members he or she is entitled to get 20 % commission and a foreign trip for 2 people for 10 days. So these are some of the challenges which bind the employees to remain in the organization. The above example is associated with perks and incentive but if we look at the advertising sector their people faces challenges everyday in terms of ad making or targeting, or copyrights etc. which makes their job interesting. On the other hand those jobs like Call Centre or government jobs where people have to just sit and speak, no challenges involved or associated with the job tend to lose interest in their jobs and get bored easily. So if an employer wants to retain its talent of the company than he or she must be capable enough to provide the challenging jobs which has a meaning or say objective associated with it so that the employees do not switch over.

Identify the future challenges for employees and employers?

Future Challenges for employers.

Identification :- The first and the foremost challenge for an employee is to recruit the right kind of employee which can perform and can handle the situation and most of all can understand the working of organizations and whatever decision he take should be ethical and under the framework of rules and regulation of the company. Retainment:- Another major issue of the employer is to retain the talent of the company by providing the appropriate salary and providing them with the effective tanning to enhance the skills and to opportunity to grow in organization. Anticipate future events:- In todays scenario the employer must be proactive so that he can handle the situation effectively and provide appropriate information to employees to perform the job. Leadership skills :- An employer must be creative enough to give its employees enough work so that interest never goes down and give ample opportunity to grow. Adaptation: - This is the era of I-Generation. An employer must ready to adapt the latest trends like virtual office and communicating effectively the objective, goals, value of organization. Enviourment :- An employer must able to create such an infrastructure or enviourment which make fell homely to employees so that they can work efficiently. The employer must be friendly enough so that he or she can interact with his/ her employees very easily.

Future Challenges for Employees

Talent: - One of the major challenges is that today the employees have theoretical knowledge but them fails to apply in the practical world which is the major challenge in todays scenario.

Performance: - Today is the era of performance; if one employee fails to perform then hell be replaced by a new candidate. Today the security of job is not their which is biggest challenge. Creativity :- Everyone wants to be ahead in the crowd and for that the one who is more creative will be picked up. Pace with Changing world:- Every employee has to be with the world if he looses the pace hell be left behind and in todays organization there is no place for old tradition workers. Objective, Challenging work:- Everyone wants challenging work which has an objective and top of all the values and mission of the companies matches with the work they are performing. Jobs:- In todays scenario the vacant jobs are less then the candidate applying for it . Commitment :- employees some times fail to keep the commitment regarding integrity, performance.

What would you look for, while choosing to join organization at the time of your campus Placement?
At the time of campus placement Ill be looking for the following things before joining the company.

Reputation of the company because if I get placed in a reputated company whose name is not in black list of people effects a lot as because my belief is that a name can turn around many things

Challenging jobs as I dont want to sit on a desk and do paper work. I have keen interest in research work, knowing the market trends etc.

Package is the most important aspect of a job. For my initial placement Ill be looking for a decent package not the ones offering Rs. 5,000 or Rs. 7,000.

Enviourment of the organization. This factor is a crucial factor because I have to work in team under a boss if the collages are not supportive I cant able to work. Training :- I ll make sure that proper training so that I can perform the job efficiently and effectively

Growth Opportunity :- Ill opt for a company that provides me an ample opportunity to grow and acquire more knowledge and develop leadership scale Promotion scale :- This factors also be taken into consideration . Because promotions are what every employee wants. Rules and Regulation :- Ill see to it that the rules and regulation of the company are supportive enough to perform.

Nature of job:- At the time of campus placement Ill also look the nature of job I have to perform as a wrong job can effect my carrier .