The Hindu Business Line : Accenture plans HR academies in other Asian countries

Bangalore, Aug. 24 Accenture, which launched its HR Academy in India in partnership with XLRI (Jamshedpur), is all set to replicate the effort in other parts of Asia.

“We are finalising details on starting similar tie-ups in two other countries where Accenture, in partnership with HR schools in these regions, would create a human resource talent pool for the company,” Mr Rahul Varma, Senior Director, Human Resources Strategy, Accenture Pte Ltd, Singapore, told Business Line.

In 2005, when there was a huge dearth of human resource talent in the country, trying to get people through the door would mean huge costs for the company, apart from the challenges of skills mismatch.

Accenture India partnered with XLRI to launch a two-year programme work-study programme to impart industry-relevant skills with academic fundamentals. This programme aims at creating a new HR talent pool with skills relevant to the industry. Currently, Accenture India has 100 HR people on the job.

Detailing the advantages of such a programme, Mr Varma said that apart from imparting contemporary skills and getting the right quality of HR people, the academy has also helped positively impact cost pressures. There have been substantial savings for the company because hiring laterals would mean higher costs, both in terms of compensation and training efforts.

“We have invested in the academy so heavily that there is a lot faster and better output, which we would like to repeat in other countries,” says Mr Varma.

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