Proceedings of the 3rd International Conference on Reinventing Business Practices, Start-ups and Sustainability (ICRBSS 2023)

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Bridging Competency Gaps and Navigating Emerging Horizons in HR Management: A Study in the Foundry Industry of Kolhapur, India

Authors
Bindu Menon1, *, Madhura Mane2
1Associate Professor, CSIBER, Kolhapur, Maharashtra, India
2Madhura Mane, HOD, MBA Department, CSIBER, Kolhapur, Maharashtra, India
*Corresponding author. Email: bindumenon@siberindia.edu.in
Corresponding Author
Bindu Menon
Available Online 20 February 2024.
DOI
10.2991/978-94-6463-374-0_62How to use a DOI?
Keywords
Competency analysis; competency gap; managerial skills; human attributes; training needs analysis competency assessments; tailored training programs; measurement of impact
Abstract

This study aims to explore the competencies of HR managers and the disparities between actual and expected competencies while considering the influence of age. The research is based on data collected through surveys, structured questionnaires, telephonic interviews, job analysis, job evaluation, expert consultations, and 360-degree feedback. The findings reveal that competencies are indeed influenced by age, emphasizing the need for tailored training programs for different age groups. Specific competency gaps were identified in functional, managerial, and human attributes areas, prompting the recommendation of targeted training and development programs to address these shortfalls. Furthermore, the study highlights varying levels of awareness and application of emerging HRM areas such as Natural Language Processing (NLP) and HR Analytics, suggesting the importance of training in these domains. Organizations are encouraged to foster a continuous learning culture, conduct regular competency assessments, and tailor training programs to enhance HR professionals’ competencies, ultimately contributing to HR and organizational success.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 3rd International Conference on Reinventing Business Practices, Start-ups and Sustainability (ICRBSS 2023)
Series
Advances in Economics, Business and Management Research
Publication Date
20 February 2024
ISBN
10.2991/978-94-6463-374-0_62
ISSN
2352-5428
DOI
10.2991/978-94-6463-374-0_62How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Bindu Menon
AU  - Madhura Mane
PY  - 2024
DA  - 2024/02/20
TI  - Bridging Competency Gaps and Navigating Emerging Horizons in HR Management: A Study in the Foundry Industry of Kolhapur, India
BT  - Proceedings of the 3rd International Conference on Reinventing Business Practices, Start-ups and Sustainability (ICRBSS 2023)
PB  - Atlantis Press
SP  - 724
EP  - 738
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-374-0_62
DO  - 10.2991/978-94-6463-374-0_62
ID  - Menon2024
ER  -