Should CSR be mandated by Govt.?

I still remember one question asked during my NCC selection interview in my school days, “Should we make the attendance compulsory on 15th Aug and 26th Jan for students? And I my answer was , “No we should not.” Because I used to believe that the patriotism should come from within and people should not work out of compulsion. People should be self motivated but they rejected me and I kept thinking where did I go wrong?

Now I realize that there are very few people who are self motivated and to bring them to action legislation is necessary.
India may make CSR law this headline making news in corporate world. CSR activities are still taken as charitable initiatives by most companies in India. The government will look at all options, including legislation, to make more companies adopt corporate social responsibility (CSR), Corporate Affairs Minister Salman Khurshid said.
"You can't hope that everything will work without a basic legislative line drawn. But where that line should be drawn must come by way of consensus from industry," Khurshid said.
CSR activities are still taken as charitable initiatives by most companies. But there are a few which have embedded their CSR activities with their existing business models. Among these are the ITC group, the Tatas, Bharti Airtel and state-run firms like the State Bank of India.
But many people are against this bill. In their opinion CSR should not be compulsory but corporate should feel responsibility from within and take actions accordingly. But will this work? Are there self motivated companies except few? Are they giving back society in proportion to what they take from society like nature.. The money..???? And if yes then why didn’t I get selected for my NCC interview?

Latest update dated 23rd Dec. 2010 ET: CSR spending may not be mandatory. Companies will have to have a policy as to how they will spend the 2% of their profits on and there must be disclosure if the money has been spent,

Retain me if you can….3 months Notice Period Makes a Big Comeback

Techies have made HR’s life miserable in IT. HR is applying all possible tactics to hire as well as retain high-quality workforce. Recently new policies are popping out to retain these job hoppers. To counter the high attrition rates plaguing them, domestic and MNC technology firms are introducing – or returning to- a three-month, notice regime mandatory for all exist except for some very few senior positions.

Now markets have improved significantly techies have started getting good offers and pouching is in its peak. The one month notice system was a blessing, in that also many employees used to leave the organizations by giving 2 to 3 days notice and just run away And new firm used to ‘buyout’ by paying the loss of pay. ‘Buy-out’ refers to the practice of hiring companies giving the employees the money required (normally one month full salary) so that the employee can pay off his current firm and join the new one immediately. Now 3 months regime makes buy-out tougher for poachers.

Attrition rate update:
Tier I firms- 17%
Tier II firms- 25% to 30%

What do you think will it work? Yes it will make going tough. If one wants divorce is there any point in dragging the relationship? I think it will be just holding someone to show the numbers on roll. But will they give the expected productivity. There used to be one month honey moon period when someone used to resign which now h/s will enjoy for 3 months. There is a possibility that employees will use unethical practices and will just run away.

It may work on paper but will it be a good policy?

HR folks working hard all the best… Retain them if you can…

An evening with Abhijit Bhaduri…

I was fortunate to be present at the session by Abhijit Bhaduri on Organizational Culture. He works as the Chief Learning Officer for the Wipro group. Prior to this he led HR teams at Microsoft, PepsiCo, Colgate and Tata Steel and worked in India, SE Asia and US. He is on the Advisory Board of Wharton’s prestigious program for Chief Learning Officers that is run by the Univ. of Pennsylvania. He is an advisor on Social Media usage for SHRM in India. He is also a great fan of R D Burban He has also authored the books like Mediocre But Arrogant, Married But Available. He is an actor, writer, RJ and HR manager too.
Abhijit has a charming personality and blessed with enormous level of liveliness. At some stage in his speak he touched topic like employer branding. Abhijeet believe that everything which is tangible can not be a competitive advantage for an organization, its intangible which gives competitive advantage. Human Resource Management is all about working about dreams. HR is meant for working on intangible to accomplish people’s dream. And then he began to talk about organizational culture. The definition of organizational culture is organizational values, also known as "beliefs and ideas about what kinds of goals members of an organization should pursue and ideas about the appropriate kinds or standards of behavior organizational members should use to achieve these goals. But Abhijit defines organizational culture in simple two word i.e. culture is all about organization’s stories. Stories which employees or outsiders talk discuss or raise their eyebrows at. The stories can be pleasant or horror but those stories talk about organization culture. He mentioned fabulous points in simple language:
1. Need outsider to see culture. - To feel organization’s culture you need to look at your own culture as an outsider. Many times outsiders find extremely hierarchical culture or cool and open culture but that may not be the reality. The true culture can be been only when it comes to decision making. So consider outsider’s perception when you are working on your culture.

2. Organization culture has many sub cultures- Organization will have different culture in different departments and sub culture grows. Culture is not about rules and regulations. Here he mentioned beautiful example of parking story of Premji. Premji said,” there is no need to reserve parking for me. If I come first I will park or I will search for the parking.”


3. Perception creates brand in our mind while mentioning this point he mentioned Pepsi and Haldiram case. People may not have a idea about Pepsi or Haldiram’s turnover but still outsiders find Pepsi is better as it can be perception about Pepsi brand.

4. Perception takes time to change. – But during M & A change the perception fast otherwise you will loose your talent.

5. Listen to the stories which employees discuss and what is the moral of the stories.

6. Add value to reward, story of Mudra- Advt. Company. When he paid stipend to management trainees which was a very small amount. But while giving that sum on the envelope he wrote that,” it’s the lowest amount which you are earning in your life but it is most valuable money which you have earned in your life.” Most of them have still not spend that amount and have kept the that envelope as it is.
So culture is all about stories. I learnt great lesson of HR... Create good stories.. which will talk more about your culture than documenting it somewhere…

The Guy In the Glass

When you get what you want in your struggle for self
And the world makes you king for a day
Then go to the mirror and look at yourself
And see what that guy has to say.

For it isn't your mother, your father or wife
Whose judgments, on you most pass.
The fellow whose verdict counts most in your life
Is the guy staring back from the glass.

He's the fellow to please, never mind all the rest
For he's with you clean to the end
And you've passed your most dangerous and difficult test
If the guy in the glass is your friend.

You may be like Jack Horner and chisel a plum
And think you are a most wonderful guy
But the guy in the glass says you are a bum
If you can’t look him straight in the eye.

You may fool the whole world down the path way of years
And get pats on the back as you pass
But the final reward will be heartaches and tears
If you have cheated the guy in the glass.