Why THRO

Why THRO

In the mid-twentieth century a great majority of India's population depended on agriculture and its allied sectors. As time passed the share of agriculture in the total national income has been gradually decreasing. The late nineties saw the emergence of the technology era in which people became the centre of business. The growth of economy shifted from manufacturing sector to service sector as it contributed major part in GDP. Now, service sector contributes over 50% of country's service tax and is continuously growing due to increase in skilled workforce.
With the growing importance of human capital as a success factor for today's organizations, the role of HR has become more critical for Corporate India. Human resource forms the framework and the role of HR needs to create awareness towards the need to achieve the business goals in the best possible and most ethical manner. In the last few years, the Human Resource has become a key player in strategic planning of all organizational activities. As the profile of the human capital in the industry has changed, the average age of CEO's/ MD has gone down from 60's to 40's. The entry level qualification has gone up from a graduate to at least an MBA at managerial level. The new breed of human capital is highly motivated, enthusiastic and capable of understanding every growing demand of the industry. Today the credit of organizational growth goes to an efficient management of skilled human resource. The industry now looks at HR with a new approach - Transformational HR as against the earlier Transactional HR.