Circular Angle - Transforming Businesses Using Expertise & Technology
CIO Insider Magazine
15 Nov 2022
Human resources (HR) play a critical role in every organization's growth. In today's uncertain, highly competitive and constantly evolving business environment, it is important for businesses to strike a balance between core business functions and human resources. It is important to keep the workforce motivated, help drive company culture and fill the talent gaps in the organization, which directly impacts sales and revenue. Since most the organizations lack necessary expertise, skills, resources and knowledge, they often look for a reliable partner who could help them build strategies and carve the path to success.
Having been in the corporate world for over a decade, Circular Angle is well-equipped to offer a wide range of quality services from implementing new business strategies to optimising ultra-efficient work processes.
In an interview with CIO Insider Magazine, Prashant Karmalkar, Managing Partner at Circular Angle, shares his insights on the company's value proposition, the importance of leadership development and the way to build strategies for business growth.
How have you established in the market and please mention some of the key services?
Since 2011, we have been committed to helping our clients by delivering services that transform the way they do business. Our Services are offered in three folds: Strategy and Consulting, Technology and Leadership development.
While developing a successful strategy, we believe in analyzing clients' current working environment. We call it the diagnosis phase. In this phase, the Circular Angle team understands its clients' current situation, challenges, suggestions, market perspectives, and leadership opinions.
We use this unprecedented amount of information to help decision-makers take the necessary steps. This is done using the HR/Business Analytics tool. The company has successfully improved clients' productivity by performing workforce analytics, talent management, and customer analytics. It also has a "unique first time in industry" comparative analytics tool to enable data-based decisions on performance positioning and compensation change. The company understands no two client situations are alike and that there could be common or similar challenges. With this in mind, we customize and design the solution considering several factors like history, ownership orientation, capability to manage change, cost and value, customer centricity, implementation ability, and time dimension.
Backed by deep expertise in HR technology, we provide customizable licensing and deployment methods, with a focus on lowering clients' total cost of ownership. With the help of technology, we are able to provide workforce planning solutions, Integrated Talent Management, Talent Program Management and a collaborative working suite, among others. Strategic Workforce Planning is a visual representation to the key stakeholders on different parameters to analyse, interpret and planfuturetalent requirements. It gives the ability to draw multiple alternative Strategic Workforce Plans, and compare and view them graphically.
The Integrated Talent Management solution allows users to effectively manage and appraise the performance of employees or departments. They can assess the competencies and skills of employees, providing a visual representation of the career paths in the organisation, enabling HR to do succession planning.
"Our solutions are aligned to people process maturity levels and we offer a unique switch-on switch off functionality access to our clients. Depending upon their readiness, clients can choose to 'switch on'
extended functionality'; states Prashant Karrnalkar, Managing Parmer at Circular Angle. The company has a dedicated team that is available to assist and support our clients at all times for both onsite and offsite support.
Please Shed some Light on the Leadership Development Services.
Circular Angle is also involved in offering leadership development services. We deliver value to our client's byway of combining our thought leadership and assets of a practice area merged with Industry expertise. Leadership development enhances the capacity of individuals to perform leadership roles within organizations. Leadership roles are those that facilitate the execution of a company's strategy through building alignment, winning mindshare, and growing the capabilities of others. The competitive environment created during the Business Simulation exercise also helps us to observe behavioural capabilities like team management, interpersonal sensitivity, communication, influence, decision-making, analytical skills, and problem-solving. Our framework involves identifying the crucial skills of people that can meet the organization's goals, assessing their current level of functioning, and developing skills that are lacking, to help them become true leaders. We intervene to bridge identified competency gaps and craft a customized roadmap for each participant to enable their growth and help accelerate their performance. In addition to our development centres, we also offer stand-alone interventions to help nurture talent and leadership potential for our clients.
What does the future hold for circular angle?
For the road ahead, we are working towards digitizing areas that are yet to be transformed in the HR department. Additionally, the company is developing an analytic-based platform to create architecture and frameworks for organizations. We are also putting great efforts to integrate machine learning and creating a go-to-market strategy to strengthen the sales department.