Oil and Gas PSUs are navigating continuous changes. With the competition intensifying, it is the need of the hour to suitably develop, engage and retain skilled manpower and maintain a steady and competent leadership pipeline. The big challenge is therefore to align Human Resource Policies with new business strategies.
Effective leadership is central to any organization and more so in these uncertain times, resilient leaders are now more important than ever before. Authentic and Transformational leadership is a process whereby leaders engage with and influence employees by paying attention to their needs and raising their motivation and providing ethical framework for decisions making. Such leaders help employees to fulfil their potential by enabling them to reach their goals in a way that benefits employees as well as the organizations and the society. Whereas Transactional leadership just focuses on the transactions between getting the work done and getting rewarded.
The Indian oil industry has been the benefactor of the country’s development since independence. The impact continues today, as India presents itself as the third largest consumer of energy in the globe. As one of the eight core industries in the country, the dynamics of the oil and gas industry has been one of the major influencers of other cogs of Indian economy.
Since the arrival of the Covid19 Pandemic, the industrial landscape in India has been witnessing unprecedented changes in respect of carrying out business processes differently. The virus at its onslaught, not only crippled the Nation but also threatened Industrial communities and its stakeholders by eroding the revenues, heightening psychological fear among workforces, uncertainty regarding the return of normalcy in near future. The threat to public sector undertakings in India was of a little different nature.
The role of HR is to read the pulse of people and regulate such pulse in such a manner that he will never feel diseased, depressed or disheartened. The role of human resource manager is to keep watch in the nerves and veins of every employee so that the inherent potent glow throughout to make it more vital, strengthened, and stimulated and saturated.
The knock on the door brought Kamala out of her thoughts as she quickly put out the stove to rush and open the door. I could have lowered the flame to simmer”, muttered Kamala to herself while opening the latch. The HP Gas Stove was a new addition to her kitchen and she was still getting used to cooking on it. Years of struggle to bring firewood and living under a cloud of black smoke has dissipated with the on-coming of this little wonder and it has become a beloved part of her family in no-time.