CHROs Strategy Now & Beyond: Shaping the Future of People, Culture, and Technology

Speaker: Mahesh Joshi, CHRO, Honeywell
Date: October 24, 2024

Mahesh Joshi’s session on "HR Strategy provided insights into the evolving role of HR leadership in navigating future challenges. Focusing on technology adoption, DEI, and building a purpose-driven culture, Mahesh highlighted the need for HR leaders to adopt a forward-thinking approach while ensuring that any technological advancements align with the organization's unique needs.

He Focused on major points such as :-

1. Technology Customization: Adopting technology like Gen AI and Chat GPT should be customized to fit the organization’s goals, ensuring smooth integration with existing systems and policies.
2. DEI for Growth: Leveraging AI to reduce unconscious bias and predict diversity-friendly roles promotes inclusivity, enhancing innovation and organizational growth.
3. Purpose-Driven Culture: Aligning employees with a strong organizational purpose fosters accountability and creates a high-performance culture.
4. Adapting to Market Demands: Prioritizing agility and customer-centricity is key to staying competitive in a rapidly changing business environment.
5. Leadership Development: Investing in leadership coaching ensures the organization is prepared for future challenges.

Mahesh emphasized the importance of assessing how the organization is perceived externally and nurturing an internal culture that aligns with those insights. By promoting a culture of integrity, compliance, and continuous learning, companies can ensure both employee growth and business success.

Below are the Top Strategies for HR Leaders:

• Technology Integration: Customize AI and HR tools to fit organizational needs.
• DEI Implementation: Use predictive analytics for unbiased hiring processes and build a strong diversity data bank.
• Purpose-Driven Culture: Align organizational goals with a clear sense of purpose.
• Agility and Innovation: Foster a culture of agility to adapt to market changes.

Mahesh concluded by emphasizing HR's role in preparing a workforce that is ready to face future challenges. HR leaders should not only focus on technology but also build a high-performance culture that integrates DEI and leadership development, ensuring the organization thrives in an ever-changing business landscape.

  He closed by saying, “Don’t jump into technology just because the world is running        around it. Understand your organization, customize and adopt.” — Mahesh Joshi

For more insights into HR strategy and transformation, connect stay tuned