IOD Quick Links Quick Links IOD Contact US Connect us

Connect with us

Cancel

Workforce Solutions for a Dynamic Economy

By Intitute of Directors


AI, Well-being, and Purpose in the Workplace

The world that we live in is changing and transforming at an unprecedented pace. Technology, Climate Change, and Geopolitics are disrupting existing business models; product life cycles and average life spans of companies are shortening; manufacturing, distribution, and consumption models are getting redefined; and all of this is changing the nature of jobs and challenging conventional ways of working.

As India heads toward becoming a $5 trillion economy, Indian companies have an unparalleled opportunity to lead the way in shaping the future of work. With a workforce that is youthful, ambitious, and digitally savvy, India's top employers must create an environment that leverages technology, prioritises employee well-being, and nurtures continuous learning. Generative AI and other advanced technologies are already transforming jobs, and companies that strategically respond to these trends with urgency and agility will drive both organisational success and national growth.

Here's how top employers can redefine employee engagement and workforce strategies to meet the demands of India's dynamic economy and tech-driven future.

With a workforce that is youthful, ambitious, and digitally savvy, India's top employers must create an environment that leverages technology, prioritises employee well-being, and nurtures continuous learning.

  1. Leveraging generative AI to enhance roles and drive engagement
    Generative AI's potential to transform the workplace is vast, especially in a tech-forward country like India. AI- driven tools can automate routine and repetitive tasks, enabling employees to focus on higher-value, strategic, and creative work. To engage their workforce, leading employers should adopt generative AI as an enabler rather than a replacement for human skills, allowing employees to shift from mundane tasks to work that requires critical thinking and innovation.

    Additionally, generative AI offers a unique opportunity to hyper personalise employee engagement at scale. Using AI-powered analytics, companies can better understand individual preferences, career goals, and engagement levels. This data enables employers to create tailored development plans, offer role-specific learning, and provide targeted wellness resources. By fostering an environment where every employee feels valued and empowered, organisations can drive productivity and build loyalty in a competitive job market.

  2. Adopting a flexible, hybrid work model to tap into India's diverse talent pool
    Flexibility has become a core component of modern workforce expectations, and in a country as geographically and culturally diverse as India, offering a hybrid work model is essential. The top employers are embracing hybrid work to attract and retain talent across the country, especially in Tier 2 and Tier 3 cities where commute times and infrastructure may limit access to urban office locations.

    Investing in digital collaboration tools, cloud platforms, and secure communication channels allows organisations to maintain productivity while accommodating remote work. This approach enables employers to recruit talent beyond metropolitan hubs, fostering a more inclusive workforce and offering new opportunities to underserved areas. Hybrid models not only reduce commute-related stress and improve work-life balance but also support India's vision for balanced regional economic development.

  3. Prioritising upskilling and reskilling for the AI-driven economy
    With generative AI reshaping industries and creating new types of jobs, India's employers must place a strong emphasis on continuous learning and skill development. Companies that invest in upskilling and reskilling programs equip their employees with the latest digital and soft skills, ensuring that they stay agile and relevant in a fast-evolving market.
    Employers can facilitate this by partnering with digital learning platforms and developing in-house training modules focused on emerging fields such as data science, cybersecurity, AI ethics, and machine learning. Mentorship programs that pair younger employees with experienced colleagues help foster knowledge-sharing and build a culture of continuous learning. Preparing employees for AI-driven roles not only strengthens the company's talent pool but also enhances India's competitive advantage as a digital economy.

  4. Committing to diversity, equity, and inclusion (DEI) as a strategic priority
    India's workforce is among the most diverse in the world, with varied cultural backgrounds, languages, and experiences. For top employers, a commitment to diversity, equity, and inclusion is not only a moral imperative but also a driver of innovation and creativity. Companies that prioritise DEI initiatives are better equipped to navigate complex challenges and build resilient teams.

    Leading organisations are implementing inclusive hiring practices, using technology to reduce bias in recruitment and performance evaluations. Cultural competence training and DEI best practices help create a work environment where employees feel valued, respected, and able to contribute fully. An inclusive workplace attracts top talent from all backgrounds, positioning the company as a preferred employer for the increasingly purpose-driven Indian workforce.

  5. Emphasising holistic health and well-being for sustainable engagement
    Employee well-being has become a crucial element of engagement, particularly as India's workforce grapples with high stress levels and burnout. The best employers are recognising that well-being encompasses more than physical health; it includes mental, emotional, and financial health as well. Providing holistic well-being support helps employees balance work with personal commitments, which is essential in a culture where family and community play central roles.

    Top employers are offering mental health resources, wellness programs, and financial planning support to address these needs. Flexibility around parental leave, elder care, and other family responsibilities reflects a deeper understanding of the Indian work-life balance. This focus on well-being fosters loyalty, enhances productivity, and builds a workplace culture where employees feel genuinely supported.

  6. Embedding purpose and innovation into the employee experience
    In India's rapidly growing economy, younger employees increasingly value purpose-driven work. They want to contribute to projects that make a meaningful impact on society and the environment. Leading companies respond to this by aligning their business objectives with broader social and environmental goals, creating a work culture where employees feel part of something bigger.

    By encouraging employees to participate in initiatives that address real-world challenges such as sustainability programs, community outreach, or cross-functional innovation projects companies can drive higher engagement and foster a sense of purpose. Providing employees with opportunities to share ideas, collaborate across departments, and engage in innovation labs further amplifies their sense of ownership and engagement. This approach can embed a growth mindset, instill commercial orientation, encourage experimentation, risk-taking, and innovation all of which are essential elements of disruption.

  7. Implementing Future-Ready Workforce Strategies for Long-Term Success
    India's economic progress hinges on building a workforce that is adaptable, skilled, and deeply engaged. Top employers are leading the way by integrating flexibility, personalisation, and technology into their workforce strategies. By creating a future- ready workforce, companies not only drive their own success but also contribute to India's broader goals of sustainable economic growth and global competitiveness.

    For India's board directors, investing in these forward- looking workforce strategies is essential. These initiatives are not merely about staying competitive in a digital-first market they are about positioning the company to attract, retain, and engage top talent in an environment where rapid change is the norm. As technology continues to reshape the future of work, building an adaptable and resilient workforce ensures that Indian companies will remain innovative and globally relevant.

*Mr. Vikram Tandon is a seasoned Human Resources professional with over three decades of experience across a range of diverse businesses, geographies, and cultures. He has been the Group Chief Human Resources Officer, Adani Group since 2020 and upon superannuating he has transitioned into an advisory role to the Group Chairman.

Back to Home

Author


Mr. Vikram Tandon

Mr. Vikram Tandon

Advisor to the Group Chairman, Adani Group Former Group CHRO, Adani Group

Owned by: Institute of Directors, India

Disclaimer: The opinions expressed in the articles/ stories are the personal opinions of the author. IOD/ Editor is not responsible for the accuracy, completeness, suitability, or validity of any information in those articles. The information, facts or opinions expressed in the articles/ speeches do not reflect the views of IOD/ Editor and IOD/ Editor does not assume any responsibility or liability for the same.

About Publisher

  • IOD Blogs

    Institute of Directors India

    Bringing a Silent Revolution through the Boardroom

    Institute of Directors (IOD) is an apex national association of Corporate Directors under the India's 'Societies Registration Act XXI of 1860'​. Currently it is associated with over 30,000 senior executives from Govt, PSU and Private organizations of India and abroad.

    View All Blogs

Masterclass for Directors