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The 2021 HR Margdarshan event is about to start in February 2021

The HR Margdarshan competition is organised by the HR Club of Goa Institute of Management. This year it will be proudly sponsored by the International Assoociation for Human Resource Information Mmanagement (IHRIM). :

Since 1980,IHRIM has been committed to achieving its vision by playing a major role in the advocacy, education, collaboration, and professional certification of HR technology professionals around the world.

As the technology landscape in HR undergoes a revolution, our work is more critical than ever, helping novice and experienced professionals deliver value and sustainability by creating timeless skills, providing access to future-focused learning, and building valuable communities of practice.

IHRIM is committed to advancing the profession by creating joint relationships between industry practitioners, suppliers, and educators to elevate the role of the HR technologist throughout the HR value chain.

HR Margdarshan is a Human Resource Business Simulation Competition

HR Margdarshan is designed to test an HR professional's ability to think strategically and anticipate how a company's workforce will react, individually or collectively, to common HR events or issues and provide the right advice to management.

In 2021 the strategic focus will be on pandemic management and simulating the kind of issues facing companies around the world and the quality of advice given by HR to sustain business operations.

HR Margdarshan offers participants strategic options to choose from and measures the impact of their decisions on the company's Profit & Loss Statement.

Previous HR Margadarshan Events

An HR Strategizer Margdarshan event was held at the Goa Institute of Management in February 2017 .

The winners proudly display their awards and prizes below, a mentor provides advice and guidance and participants share views

 

The Benefits of HR Margdarshan

HR Margdarshan can be used for the followiing purposes:

The Simulated Business Activity

HR Margdarshan is about a SIMULATED ACTIVITY (group collaboration to recommend HR strategy) to achieve a business outcome (financial perform measured in the company's Profit & Loss statement).

Management no longer expects a “gut feel” response by HR to important workforce issues. Management expects advice to be made on experience and analysis of information extracted from their HR database. The right information requires the right data to be collected from the appropriate sources and processed for presentation. The challenge is for companies to have immediate access to reliable quality data. The right technology today is a Cloud-Based HR digital platform with an “open” database to support integrated HR business applications and information reporting tools.

The same groups of metrics are used throughout the HR Margdarshan to simulate information provided to management, as part of a periodic Board Report, and then to answer questions from the Board minutes.

The six HR business functions simulated by HR Margdarshan are:

1. Risk Avoidance,

2. Employee and Organisation Effectiveness,

3. Talent Acquisition,

4. Talent Retention,

5. Talent Enhancement, and

6. Improved Productivity and Service Delivery.

By providing HR metrics to illustrate trends in the six categories HR can focus on what management should be concerned with, interpret statistical information, and respond to questions about the trends and what should be done to rectify or avoid adverse impacts on the company’s financial performance. HR Margdarshan provides examples of the type of questions likely to emerge from management meetings where HR metrics are presented. In practice, management would be looking to HR for the wisdom and experience acquired from dealing with similar issues in the past to help guide them through potentially dangerous situations.

Applying Game Experience to the Real World

By participating in HR Margdarshan it is hoped that participants will gain an insight into the importance of quality and accurate workforce information to support decision making and to understand and identify trends illustrated by HR metrics to help executives manage the company’s financial performance. Underpinning the metrics used in the HR Strategizer game is the existence of a robust, reliable and flexible database.

New technology now enables HR to build their own custom solution without relying on HR software vendors to provide their solution and idea of best practice. Every company is different and require their own set of data for today’s purposes and must have the ability to change in the future without vendor lock-in. The solution is the new HR platform technology.