A place where there is no place for outlier,
Boundary which punishes her to desire.
What ought to be, decides her,
Such is the society that wants to confide her!
A rebel, non-compliant, she challenges those voices,
Explores, struggles, she makes her own choices.
They use their weapons to engulf her revolt,
Rules, shame, guilt & finally a bolt!
She walks with grace on the roads of Why’s and Why Not’s,
Towards dreams, aspirations, untying the binding knots!
Finding out that she has within herself all what she needs,
Beyond those cages, now she finally breathes!
Life is multifaceted. Development is sustainable only when it is holistic in nature.
But wait! What do we mean by the term ‘Holistic Development’? It means that we want to develop the whole person, including, the physical, emotional, mental and spiritual being. Holistic development recognizes that we co-create and evolve in all the aspects of our life.
Recently I happen to visit a spiritual expo, where I came across a tool called “Wheel of Life” that enables one to make an overall assessment of satisfaction in the significant areas of one’s life. This tool allows to take a visual snapshot of life as it exists in the present moment and makes us realize the areas which require further development.
THE EIGHT ELEMENTS EXERCISE
The Wheel of Life includes all major areas of life: career, money, health, friends & family, romance, personal growth, fun & recreation and physical environment. The exercise is to assign a rating from one to five for each of these areas. A score of one indicates low ratings is the one that needs your priority at present.
The recent modification in my Goal Book involved me setting us goals in line with the eight pillar of the “Wheel of Life” model. As an outcome, not only did I feel that I am focusing equally on all the critical aspects in my life, but also felt that I am developing the otherwise less-cared-for areas of life.
In order to choose the direction in our life, we need to know where we are standing at this moment of time. Wheel of Life tool gives us a whole picture of all the essential parameters for holistic development.
The rosy courtship stage broke its bubble,
We got married, and lo, started the adjustment trouble!
The tussle, the hustle and bustle and that melodrama,
Glimpsing back, I see a vivid panorama!
What I also see is, how we got back together in no time,
How you made my little heart go, ‘Young Lady, Rise and Shine!’
How I started enjoying the small stuff that brought you delight,
How easily you let go of things that gave me fright!
Your love and care for everyone is so true,
Kindness in your heart, a beautiful human being I have found in you!
I’m lucky that I have you as my mate;
It’s our anniversary; time to celebrate!
When I was young, my fondest wish was a dreamy fairy-tail,
Where they meet, and eternal love would prevail!
Although this imagery will only bring you laughter,
Our fairy-tail too shall end with “And they lived…Happily Ever After!”
Bed of solitude underlies,
Mirror searches a virtue in the vice,
Repressed, suppressed, failed unties,
Once again the heart cries!
Not the first time, these good byes,
Life falls back yet again after the rise,
Fortune plays the same old dice,
Once again the heart cries!
Away it flies,
To the dark aloof skies,
A little more it dies,
Once again the heart cries!
As years pass by, we try to grow,
We give a small piece of ourselves to those we know.
Yet a distinct lump is retained inside,
Unrevealed, Pure and Mystified.. it remains best kept in the silent hide.
We keep that unique piece saved for the day,
When a special someone with charms can take it away.
When we are robbed of that masked morsel in our new meet,
Is the moment when we are complete!
Economic conditions directly impact HR as they provide a background to determine the recruitment, development & retention policy for the organization to meet it’s customer needs. Thane HR professionals got an excellent opportunity to receive an overview of the country’s changing demography & it’s impact on the third largest economy. On 18th March, 2016, Thane HR Group invited Mr. Prashant Jain, Executive Director & Chief Investment Officer, HDFC Asset Management Co Ltd (Popularly known as HDFC Mutual Fund) to share his take on the current Indian economic outlook.
Indian GDP Outlook:
Real GDP growth rate for India was around 7.5% in 2015 and Nominal growth rate was around 12%-13%. A nominal GDP will often appear higher than the real GDP, as real values are adjusted for inflation, while nominal values are not.
Referring to the image above, you will notice that Indian economy is growing at a static rate i.e. from 15% (1991-2000) to 14% (2001-10) to 15% (2011-15).
Why is Indian Economy Growing?
Every year, India’s population is increasing by 2% leading to a steady increase in the rate of consumption.
Large number of joint families are breaking down to form nuclear families. About 1% increase in consumption rate is experienced annually due to this reason.
Penetration Levels of Consumer Durables
Mobile phones which are just 15 years old in the country, have penetrated the 80% – 90% of Indian market. On the contrary, motorcycles & cars have been able to cover 40% & 8% respectively. This shows the growth potential that Indian markets still possess.
Due to more consumer product offerings, new items are frequently bought.
Outlook into Indian Equities:
Volatility in the Short Run
Markets give volatile returns in the first few years. However, as the holding period increases, the volatility come down to providing returns which fall mostly between 11% – 19%. This is because Indian GDP growth is around 15% every year.
Correlation Between Sensex & Equity
If profits grow by 20%, the value of company also increases by the same percentage. The value of the company is in correlation to the profits of the company. At the same time, we understand that Indian GDP growth & the growth in Sensex go hand-in-hand. This is because Sensex has the tendency to correct itself to be higher or lower based on the GDP growth.
Insights by Mr. Sharad Gangal, Executive Vice President HR , Admin, IR, Thermax
With one million new entrants joining the labour force every month for the next 20 years, Skill India has gained a corner stone importance. While, India’s biggest contribution comes from Service Sector, there is a need to leverage the Manufacturing industry that has the capability to provide employment to the increasing population. HR needs to be awakened and aligned to deal with the emerging Employee Relations in the country. He emphasized the below mentioned pointers:-
Awareness on ER is missing. it is rare to find a skilled ER/IR manager as compared to an OD or Comp&Ben expert.
Apart from Dunlop’s Systems Theory, we do not have a strong theoretical model in the IR field. There is a need to encourage research and more thinking in this field.
Contract Laborers are our responsibility. Organizations need to take proactive steps to further regulate the conditions of Contract workforce. One has to be judicious for the disparity between the different working units in the organization.
Today, workers lookout for income security as compared to job security. This is a critical reason for the employees not to join unions. Once direct communication between workers & management flourishes, unmerited union demands are tapered off automatically.