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Ajay Srinivasan, who happens to be one of the prominent names in the world of Indian financial services, has recently talked in a blog about how human potential has the power to completely transform business capabilities and help companies reach new heights.
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AJAY SRINIVASAN TALKS ABOUT THE NEED TO FOCUS ON HUMAN POTENTIAL IN BRINGING ORGANIZATIONAL GROWTH
You must be aware of the concept of human potential, aren't you? Well, human potential refers to the untapped capabilities within each person that, when tapped, can bring about extraordinary achievements. This potential lies beyond job-specific roles or technical knowledge. It encompasses a person's unique strengths and capabilities, which also have the power to transform the potential of an organization and allow it to achieve extraordinary growth.
For an organization, harnessing human potential means going beyond looking at the team members as resources and instead, treating them as individuals with talent that can drive organizational growth. Ajay Srinivasan, who happens to be one of the prominent names in the world of Indian financial services, has recently talked in a blog about how human potential has the power to completely transform business capabilities and help companies reach new heights.
THE NEED FOR COMPANIES TO FOCUS ON HUMAN POTENTIAL: In today's highly dynamic business scenario, companies that thrive are those that recognise and leverage their human potential. The success of a company mainly depends on the abilities, creativity, and capabilities of the team members. It is human potential, capabilities, and competencies that allow a company to achieve differentiated growth in the long run.By cultivating an environment that values personal growth and development to enhance potential, companies can not only enhance productivity but also thrive in this highly competitive business scenario.
HOW TO CREATE A CULTURE OF HUMAN POTENTIAL AT WORKPLACES? As per Ajay Srinivasan’s News, organisations often use a nine-box framework with performance and potential on two axes to categorise their talent. However, the frameworks used for determining potential are very different from performance, since we often don’t know how to measure potential and use performance as a surrogate. In order to create a culture where human potential is valued and appreciated, companies can foster open communication between the teams, recognise the team members' contributions, and cultivate a sense of purpose and belonging.