Dun & Bradstreet, The World's Leading Provider Of Global Business Information,knowledge And Insight.

May 21, 2009 - PRLog -- Pune : Dun & Bradstreet, the world's leading provider of global business information, knowledge and insight along with Union Bank of India organized a conference on ‘HR challenges- Coping with the economic downturn”. It was well attended by over 80 HR professionals from Pune at Aurora Towers.
This conference dwelled on the HR challenges faced by leading companies due to the economic slowdown and the measures undertaken to revive the confidence of the employees. Sharing interesting insights on the HR industry were eminent speakers like    Dr Santosh Bhave - Vice President - Human Resources, Bharat Forge, Mr. Sudhir Sohoni Executive Vice President Human Resources, IR and Administration Thermax Limited, Mr. Naresh Rahane Asst. V.P. H.R Finolex Cables Ltd., Mr. S.P Goel, GM Union Bank of India, Mr. K.R. Pillai, Deputy GM, Union Bank of India, Prof. Satyabrata Duttagupta, Dean IIPM and Mr Prashant Pathole , DGM Sales, Shine.com
Speaking on the current financial scenario, Ms. Preeta Misra, Head – Financial Education Solutions, Dun & Bradstreet – India said “The economic downturn has opened up opportunities for companies in India and with the decrease in attrition rate of employees, companies can now have the crucial talent they need. They can identify and build leaders for tomorrow and set up efficient internal processes in place to build the future growth”.
Realizing the significance of strong bonding between the business and HR in the time of economic slowdown, Dr Santosh Bhave, Vice President- Human Resources Bharat Forge Ltd added “It is very important to imbibe learning as the goal of the company, to make a good Work Culture, recruit the right person and manage employee expectations. Also we need to retain quality talent and maximize potential”.
Highlighting the key features of the conference Mr. Sudhir Sohoni, Executive Vice President Human Resources, Thermax Limited said “The fact that the value system is sacrosanct and the need to stand by the values of the organization. Helping employees in difficult times is most important for the organization”.
Discussing the views on the HR challenges, Mr. Naresh Rahane Asst. V.P. – Human Resources, Finolex Cables Ltd said, “Getting good people is tough. We need to build a culture of Appreciation. We need to maintain high morale and motivation levels through continuous communication. Share long term perspective of the organization and opportunities for associates to contribute in achieving the goal”
Speaking on the HR challenges faced in the Banking industry, Mr. K.R. Pillai, Deputy General Manager, Union Bank of India said, “It is essential to hire skilled manpower for specialized segments and to integrate the new entrants to the organization goal.”

About Dun & Bradstreet (D&B):  
Dun & Bradstreet , the world's leading source of global business information, knowledge and insight, has been enabling companies to Decide with Confidence® for 167 years. D&B's global commercial database contains more than 140 million business records. The database is enhanced by D&B's proprietary DUNSRight® Quality Process, which transforms the enormous amount of data collected daily into decision-ready insight. Through the D&B Worldwide Network – an unrivaled alliance of D&B and leading business information providers around the world – customers gain access to the world's largest and highest quality global commercial business information database.
Customers use D&B Risk Management Solutions to mitigate risk, increase cash flow and drive increased profitability, D&B Sales & Marketing Solutions to analyse markets, locate prospects and increase revenue from new and existing customers; D&B Export Marketing Solutions to gain significant insight into overseas markets and increase sales; D&B Financial Education Solutions to facilitate professional growth and excellence among their executives and D&B Economic Analysis Group to derive pragmatic and solution-oriented analyses of strategic economic and business developments, thereby aiding informed decision making.
D&B features on FORTUNE Magazine's Most Admired Companies Industry List, ranking first in the Financial Data Services category. D&B ranked first in the areas of employee talent, financial soundness, long-term investment, quality of management and use of corporate assets. D&B has achieved this distinction for the fourth consecutive year.

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