SlideShare uma empresa Scribd logo
1 de 19
Baixar para ler offline
GREAT PLACE TO
WORK CONFERENCE
August 7, 2012
THE GODREJ GROUP

• Evolution from a lock making company in 1897 to a present day
  conglomerate of 3 bn USD+

• GILAC is a group of four major businesses – FMCG, chemicals, real
  estate and agro products, supported by a strong Corporate Center

• Presence in 60+ countries

• 11,000+ employees

• 500 million people use one or another Godrej product everyday

• Strong focus on ‘Good & Green’, the Group wide shared value initiative


2 I Godrej I Title of Presentation I Date
THE GODREJ GROUP

• Rebranding exercise in 2008 with the objective of positioning the
  brand as contemporary

• Today, at a point in history where Godrej’s amazing past is meeting up
  with its ambitious future

• Godrej is learning and relishing being young again




3 I Godrej I Title of Presentation I Date
OUR IMPERATIVES AS A GROUP



    Our 2020 Vision has 4 Imperatives                      HR Imperatives

                                            • Provide strong leadership and global talent
                                             from within Godrej
Grow 10 times in the next 10 years
                                            • Cost efficiency
                                            • Integrate acquisitions

Be the most trusted and innovative Indian
                                            Have an authentic and edgy employer brand
brand

Foster an inspiring place to work
                                            Build the culture around our capability factors
Create shared value through ‘Godrej Good
and Green’
MAKING THE TRANSITION HAPPEN


• Focused on three key words: simple, authentic and edgy

• Key initiatives undertaken:

        • Introduction of the HR philosophy and Godrej Capability Factors
          (GCF)
        • Aligning HR processes to GCF
        • Hiring for culture fit and values
        • Leadership Development
        • Competitive Remuneration
        • Employee Engagement
        • Upgrade technology




5 I Godrej I Title of Presentation I Date
ARTICULATING THE HR PHILOSOPHY

The bar rises as you move to higher roles

Excellence is the only option

You are responsible for your own development and that of your team

Never hoard talent; rotate people
                                                                                                 tough
Promotions are based on performance and potential, never on tenure or for retention

Teams must be diverse and whole brained in make up and thought




                                    What is sacrosanct: our values and always treating people with respect

                                    Coach, guide and provide honest feedback

          love                      Talent will get focused attention and support for career development

                                    Rewards in line with performance and contribution to the business

                                    Space, opportunities and resources to develop
6 I Godrej I Title of Presentation I Date
INTRODUCTION OF THE GCF

• Set of key capabilities that will help in building a brighter and future-
  ready Godrej

• 3 pillars that define leadership capabilities at Godrej
   • Leading Self: being self aware and self driven
   • Leading Others: collaborating with and developing people
   • Leading Business: acting strategically to deliver results

• Defines the critical capabilities and expected behaviors for each level
  in the organization and plays a key role in people processes

• Used to hire and identify talent, review performance, provide feedback
  and structure development efforts for growth




7 I Godrej I Title of Presentation I Date
PILLAR                CAPABILITY FACTORS                           DESIRABLE BEHAVIORS

                                                                         Drive
                                        Initiative                       Ownership
                                                                         Tenacity

                                                                         Humility
                       Leading
                                        Hunger to Learn and Improve      Growth Mindset
                       Self                                              Committed to change

                                                                         Maturity
                                        Emotional and Social Awareness   Self Awareness
                                                                         Influence
The 3 Pillars                                                            Creates a high performance team
                                        Leading Team                     Adaptive
have 10                                                                  Motivator

Godrej                                                                   Nurtures talent
                       Leading
                                        Developing Others                Feedback
Capability             Others                                            Mentoring

Factors,                                                                 Godrej First
                                        Fostering Collaboration          Collaborates
with                                                                     Builds bridges

desirable                                                                Insightful
                                        Customer Centricity              Innovates
behaviors                                                                Delights

attributed to                                                            Envision
                                        Acting Strategically             Frames issues
them                                                                     Action orientation
                       Leading
                       Business                                          Commercial acumen
                                        Delivering Results               Execution excellence
                                                                         Agility

                                                                         Role model
                                        Institution Building             Knowledge sharing
   8 I Godrej I Title of Presentation I Date                             Shapes culture
HIRING FOR CULTURE FIT AND VALUES

• Introduction of the GCF in the selection process

• Multi-level engagement during the selection process

• Bright Start and Bright Week – to drive a common introduction to the
  Group




9 I Godrej I Title of Presentation I Date
STRENGTHENING OUR LEADERSHIP
PIPELINE BY BUILDING OUR EMPLOYER BRAND

• Focus on hiring Management Trainees through the summer route –
  90% of new joinees this year did their summers with us last year, 50
  interns in the Gurukul batch for next year, as compared to 27 in 2011

• The application process was very creative, with the option to write in
  with a movie clip, song, advertisement, poem or even a comic strip.
  The selection process used simulated games instead of standard
  group discussions.

• Godrej LOUD is a platform for students to live our their unfulfilled
  personal dreams. Godrej will sponsor the dreams and also make
  offers into the summer programme.




10 I Godrej I Title of Presentation I Date
!




11 I Godrej I Title of Presentation I Date
                                                 !
LEADERSHIP DEVELOPMENT
Employees are mapped on the ‘9 Box Performance – Potential Model’

                  Reassign or Rescope                              Top Talent
•     Evaluate if in right role                 •   Structured career conversations
•     Identify development priority             •   Stretch projects/ assignments
•     Support with direction and guidance on    •   Coaching
      improving performance                     •   Job Rotation
•     Identify corrective actions in the role   •   Premium Training
      environment, if required




                          Watch list                        Core Contributors
•     Time bound performance improvement plan   •   Structured development planning
•     Frequent reviews to monitor performance   •   Supervisor mentoring
•     Improve or disengage                      •   Cross functional projects/ assignments

12 I Godrej I Title of Presentation I Date
                                                •   Training for skill and GCF development
DEVELOPING TALENT

• Leadership Series – Top 100 employees participate in this world class
  programme, led by Bharat Anand (Harvard Business School) and
  Hitendra Wadhwa (Columbia Business School)

• Godrej Fellows Programme – Brings together ten of the brightest
  young people, under the age of 30, to work on change oriented
  projects across the Group




13 I Godrej I Title of Presentation I Date
COMPETITIVE REMUNERATION

• Aim to be in the 75th percentile for employees meeting expected
  performance levels

• Differentiated remuneration through an EVA based bonus scheme

• Scheme has an individual and collective component

• Payouts without cap




14 I Godrej I Title of Presentation I Date
EMPLOYEE ENGAGEMENT

• In tune – soliciting frequent feedback

• Brighter Banks to drive Values

• Policy changes

        • Sick Leave is now trust-based

        • Fexi-time, work from home and part time work options

        • Maternity benefits strengthened

        • Introduction of Paternity and Adoption benefits




15 I Godrej I Title of Presentation I Date
LEVERAGING TECHNOLOGY

• Integrated technology base

• Globally scalable

• Intuitive and simple to use

• Outsource non value adding activities




16 I Godrej I Title of Presentation I Date
QUICK WINS FROM THESE INITIATIVES

• Successfully integrated 8 acquisitions in the last 2 years

• Growth of 30% in FY12, ahead of the targeted 2020 growth rate of
  26%

• Spike in engagement scores

• Turnaround of businesses e.g. Godrej Agrovet

• Attracting brighter talent




17 I Godrej I Title of Presentation I Date
KEY LEARNING

• Create a common language

• Take constant feedback and adapt – evaluate portfolio of HR toolkit
  constantly

• Make things simple to use

• Drive through line management and walk the talk

• Culture shift takes long – we need to persevere

• HR fraternity should build expertise – act as a coach and not the
  water-boy




18 I Godrej I Title of Presentation I Date
THANK YOU FOR YOUR TIME AND CONSIDERATION
19 I Godrej I Title of Presentation I Date

Mais conteúdo relacionado

Mais procurados

Corporate Social Responsibility (CSR) Initiatives by AMUL
Corporate Social Responsibility (CSR) Initiatives by AMULCorporate Social Responsibility (CSR) Initiatives by AMUL
Corporate Social Responsibility (CSR) Initiatives by AMULArjun Parekh
 
Organisation structure, culture and strategies of wipro
Organisation structure, culture and strategies of wiproOrganisation structure, culture and strategies of wipro
Organisation structure, culture and strategies of wiproJaisha Jaikishan
 
Career Goals and SWOT Analysis for MBA Student
Career Goals and SWOT Analysis for MBA StudentCareer Goals and SWOT Analysis for MBA Student
Career Goals and SWOT Analysis for MBA StudentAnkushBansal20
 
Performance Appraisal in Tata Motors
Performance Appraisal in Tata MotorsPerformance Appraisal in Tata Motors
Performance Appraisal in Tata Motorssurabhi agarwal
 
Reinventing Performance Management: A Deloitte Case Study
Reinventing Performance Management: A Deloitte Case StudyReinventing Performance Management: A Deloitte Case Study
Reinventing Performance Management: A Deloitte Case StudyAnkit Bharadwaj
 
HR Policy Of HUL
HR Policy Of HULHR Policy Of HUL
HR Policy Of HULRahul Jain
 
Training and development programme by TATA Group
Training and development programme by TATA GroupTraining and development programme by TATA Group
Training and development programme by TATA GroupShrey Kapoor
 
SG Cowen New Recruits
SG Cowen New RecruitsSG Cowen New Recruits
SG Cowen New RecruitsInes Ha
 
Hindustan unilever limited (hul) hard copy
Hindustan unilever limited (hul) hard copyHindustan unilever limited (hul) hard copy
Hindustan unilever limited (hul) hard copyDharmik
 
Thomas Green Case Study Presentation.
Thomas Green Case Study Presentation.Thomas Green Case Study Presentation.
Thomas Green Case Study Presentation.Mimansha Bahadur
 
Talent management practices at Infosys
Talent management practices at InfosysTalent management practices at Infosys
Talent management practices at InfosysLikhithaMallapureddy
 
Company Analysis - TCS (Tata Consultancy Services)
Company Analysis - TCS (Tata Consultancy Services)Company Analysis - TCS (Tata Consultancy Services)
Company Analysis - TCS (Tata Consultancy Services)Kaustubh Barve
 
Dabur presentation
Dabur presentationDabur presentation
Dabur presentationPankaj Baid
 
Recruitment Process explained with HUL as an example
Recruitment Process explained with HUL as an exampleRecruitment Process explained with HUL as an example
Recruitment Process explained with HUL as an examplejoyousjoylyn
 
Success Story Of Dhirubhai Ambani Ji
Success Story Of Dhirubhai Ambani JiSuccess Story Of Dhirubhai Ambani Ji
Success Story Of Dhirubhai Ambani JiSiddhesh Shah
 
performance appraisal reliance
performance appraisal relianceperformance appraisal reliance
performance appraisal reliancepragati jain
 
The dabur
The daburThe dabur
The daburRidzy04
 

Mais procurados (20)

Employee Attrition : Case Study
Employee Attrition : Case StudyEmployee Attrition : Case Study
Employee Attrition : Case Study
 
Corporate Social Responsibility (CSR) Initiatives by AMUL
Corporate Social Responsibility (CSR) Initiatives by AMULCorporate Social Responsibility (CSR) Initiatives by AMUL
Corporate Social Responsibility (CSR) Initiatives by AMUL
 
Organisation structure, culture and strategies of wipro
Organisation structure, culture and strategies of wiproOrganisation structure, culture and strategies of wipro
Organisation structure, culture and strategies of wipro
 
Career Goals and SWOT Analysis for MBA Student
Career Goals and SWOT Analysis for MBA StudentCareer Goals and SWOT Analysis for MBA Student
Career Goals and SWOT Analysis for MBA Student
 
Performance Appraisal in Tata Motors
Performance Appraisal in Tata MotorsPerformance Appraisal in Tata Motors
Performance Appraisal in Tata Motors
 
Reinventing Performance Management: A Deloitte Case Study
Reinventing Performance Management: A Deloitte Case StudyReinventing Performance Management: A Deloitte Case Study
Reinventing Performance Management: A Deloitte Case Study
 
HR Policy Of HUL
HR Policy Of HULHR Policy Of HUL
HR Policy Of HUL
 
Training and development programme by TATA Group
Training and development programme by TATA GroupTraining and development programme by TATA Group
Training and development programme by TATA Group
 
SG Cowen New Recruits
SG Cowen New RecruitsSG Cowen New Recruits
SG Cowen New Recruits
 
tata ppt
tata ppttata ppt
tata ppt
 
Hindustan unilever limited (hul) hard copy
Hindustan unilever limited (hul) hard copyHindustan unilever limited (hul) hard copy
Hindustan unilever limited (hul) hard copy
 
Thomas Green Case Study Presentation.
Thomas Green Case Study Presentation.Thomas Green Case Study Presentation.
Thomas Green Case Study Presentation.
 
Talent management practices at Infosys
Talent management practices at InfosysTalent management practices at Infosys
Talent management practices at Infosys
 
Company Analysis - TCS (Tata Consultancy Services)
Company Analysis - TCS (Tata Consultancy Services)Company Analysis - TCS (Tata Consultancy Services)
Company Analysis - TCS (Tata Consultancy Services)
 
Dabur presentation
Dabur presentationDabur presentation
Dabur presentation
 
Recruitment Process explained with HUL as an example
Recruitment Process explained with HUL as an exampleRecruitment Process explained with HUL as an example
Recruitment Process explained with HUL as an example
 
Success Story Of Dhirubhai Ambani Ji
Success Story Of Dhirubhai Ambani JiSuccess Story Of Dhirubhai Ambani Ji
Success Story Of Dhirubhai Ambani Ji
 
performance appraisal reliance
performance appraisal relianceperformance appraisal reliance
performance appraisal reliance
 
The dabur
The daburThe dabur
The dabur
 
Amul final
Amul finalAmul final
Amul final
 

Semelhante a Godrej Industries - August 2012

Team Building and Leadership Development India
Team Building and Leadership Development IndiaTeam Building and Leadership Development India
Team Building and Leadership Development Indiaorangesimran
 
Toa Executive Coaching India Brochure
Toa Executive Coaching India BrochureToa Executive Coaching India Brochure
Toa Executive Coaching India Brochureaashamehta
 
TOA Executive Coaching India Brochure
TOA Executive Coaching India BrochureTOA Executive Coaching India Brochure
TOA Executive Coaching India Brochurevaishallynath
 
Elementz Company Profile
Elementz   Company ProfileElementz   Company Profile
Elementz Company ProfileRahoul Joshii
 
Triune Global, Corporate Presentation
Triune Global, Corporate PresentationTriune Global, Corporate Presentation
Triune Global, Corporate PresentationHardy Alexander
 
Competency development
Competency developmentCompetency development
Competency developmentMauro Calcano
 
Lmi Total Leader Presentation
Lmi Total Leader PresentationLmi Total Leader Presentation
Lmi Total Leader Presentationguest270b24
 
Recruiters Role 21st Century
Recruiters Role   21st CenturyRecruiters Role   21st Century
Recruiters Role 21st CenturyBobby Mathew
 
Overall Capability
Overall CapabilityOverall Capability
Overall Capabilityjohnreid59
 
Private Equity Investor Value Creation
Private Equity Investor Value CreationPrivate Equity Investor Value Creation
Private Equity Investor Value CreationLLR Partners
 
ExeQserve High Performance Leadership Workshop
ExeQserve High Performance Leadership WorkshopExeQserve High Performance Leadership Workshop
ExeQserve High Performance Leadership WorkshopEdwin Ebreo
 
Pingthink executive coach
Pingthink executive coachPingthink executive coach
Pingthink executive coachtheagni
 
How to build a culture that supports growth june 27 2012
How to build a culture that supports growth june 27 2012How to build a culture that supports growth june 27 2012
How to build a culture that supports growth june 27 2012Chris R. Keller
 

Semelhante a Godrej Industries - August 2012 (20)

Contemporary Ln Od
Contemporary Ln OdContemporary Ln Od
Contemporary Ln Od
 
Team Building and Leadership Development India
Team Building and Leadership Development IndiaTeam Building and Leadership Development India
Team Building and Leadership Development India
 
Toa Executive Coaching India Brochure
Toa Executive Coaching India BrochureToa Executive Coaching India Brochure
Toa Executive Coaching India Brochure
 
TOA Executive Coaching India Brochure
TOA Executive Coaching India BrochureTOA Executive Coaching India Brochure
TOA Executive Coaching India Brochure
 
Elementz Company Profile
Elementz   Company ProfileElementz   Company Profile
Elementz Company Profile
 
Talent optimization: Its not a one way street
Talent optimization: Its not a one way streetTalent optimization: Its not a one way street
Talent optimization: Its not a one way street
 
Mind Dojo
Mind DojoMind Dojo
Mind Dojo
 
Triune Global, Corporate Presentation
Triune Global, Corporate PresentationTriune Global, Corporate Presentation
Triune Global, Corporate Presentation
 
Competency development
Competency developmentCompetency development
Competency development
 
Lmi Total Leader Presentation
Lmi Total Leader PresentationLmi Total Leader Presentation
Lmi Total Leader Presentation
 
Recruiters Role 21st Century
Recruiters Role   21st CenturyRecruiters Role   21st Century
Recruiters Role 21st Century
 
Managing talent in today's times
Managing talent in today's timesManaging talent in today's times
Managing talent in today's times
 
Overall Capability
Overall CapabilityOverall Capability
Overall Capability
 
Manpower Overview
Manpower OverviewManpower Overview
Manpower Overview
 
Private Equity Investor Value Creation
Private Equity Investor Value CreationPrivate Equity Investor Value Creation
Private Equity Investor Value Creation
 
ExeQserve High Performance Leadership Workshop
ExeQserve High Performance Leadership WorkshopExeQserve High Performance Leadership Workshop
ExeQserve High Performance Leadership Workshop
 
Values Matter
Values MatterValues Matter
Values Matter
 
Pingthink executive coach
Pingthink executive coachPingthink executive coach
Pingthink executive coach
 
Basics of people management
Basics of people managementBasics of people management
Basics of people management
 
How to build a culture that supports growth june 27 2012
How to build a culture that supports growth june 27 2012How to build a culture that supports growth june 27 2012
How to build a culture that supports growth june 27 2012
 

Mais de Best Workplaces Conference

Vijay Anand - Intuit India. Best Workplaces Conference- August 2012
Vijay Anand - Intuit India. Best Workplaces Conference- August 2012Vijay Anand - Intuit India. Best Workplaces Conference- August 2012
Vijay Anand - Intuit India. Best Workplaces Conference- August 2012Best Workplaces Conference
 
Make My Trip- Case study presentation #2- Best Workplaces Conferences- August...
Make My Trip- Case study presentation #2- Best Workplaces Conferences- August...Make My Trip- Case study presentation #2- Best Workplaces Conferences- August...
Make My Trip- Case study presentation #2- Best Workplaces Conferences- August...Best Workplaces Conference
 
Mindtree case study presentation- Best Workplaces Conferece
Mindtree case study presentation- Best Workplaces ConfereceMindtree case study presentation- Best Workplaces Conferece
Mindtree case study presentation- Best Workplaces ConfereceBest Workplaces Conference
 
Sanjay Rishi - Ceo Speak - Best Workplaces Conference August 2012
Sanjay Rishi - Ceo Speak - Best Workplaces Conference August 2012Sanjay Rishi - Ceo Speak - Best Workplaces Conference August 2012
Sanjay Rishi - Ceo Speak - Best Workplaces Conference August 2012Best Workplaces Conference
 
V. R. Ferose - Managing Director, SAP Labs India- Best Workplaces Conference,...
V. R. Ferose - Managing Director, SAP Labs India- Best Workplaces Conference,...V. R. Ferose - Managing Director, SAP Labs India- Best Workplaces Conference,...
V. R. Ferose - Managing Director, SAP Labs India- Best Workplaces Conference,...Best Workplaces Conference
 
Make My Trip Case Study Presentation- Mumbai, August 2012
Make My Trip Case Study Presentation- Mumbai, August 2012Make My Trip Case Study Presentation- Mumbai, August 2012
Make My Trip Case Study Presentation- Mumbai, August 2012Best Workplaces Conference
 
Samit Ghosh on ' How creating a Great Workplace' has changed him - Mumbai, Au...
Samit Ghosh on ' How creating a Great Workplace' has changed him - Mumbai, Au...Samit Ghosh on ' How creating a Great Workplace' has changed him - Mumbai, Au...
Samit Ghosh on ' How creating a Great Workplace' has changed him - Mumbai, Au...Best Workplaces Conference
 
Qualcomm- Case Study presentation, Mumbai August 2012
Qualcomm- Case Study presentation, Mumbai August 2012Qualcomm- Case Study presentation, Mumbai August 2012
Qualcomm- Case Study presentation, Mumbai August 2012Best Workplaces Conference
 
TPG Software (erstwhile Brickred Technologies)
TPG Software (erstwhile Brickred Technologies)TPG Software (erstwhile Brickred Technologies)
TPG Software (erstwhile Brickred Technologies)Best Workplaces Conference
 

Mais de Best Workplaces Conference (20)

Vijay Anand - Intuit India. Best Workplaces Conference- August 2012
Vijay Anand - Intuit India. Best Workplaces Conference- August 2012Vijay Anand - Intuit India. Best Workplaces Conference- August 2012
Vijay Anand - Intuit India. Best Workplaces Conference- August 2012
 
Make My Trip- Case study presentation #2- Best Workplaces Conferences- August...
Make My Trip- Case study presentation #2- Best Workplaces Conferences- August...Make My Trip- Case study presentation #2- Best Workplaces Conferences- August...
Make My Trip- Case study presentation #2- Best Workplaces Conferences- August...
 
Mindtree case study presentation- Best Workplaces Conferece
Mindtree case study presentation- Best Workplaces ConfereceMindtree case study presentation- Best Workplaces Conferece
Mindtree case study presentation- Best Workplaces Conferece
 
Sanjay Rishi - Ceo Speak - Best Workplaces Conference August 2012
Sanjay Rishi - Ceo Speak - Best Workplaces Conference August 2012Sanjay Rishi - Ceo Speak - Best Workplaces Conference August 2012
Sanjay Rishi - Ceo Speak - Best Workplaces Conference August 2012
 
V. R. Ferose - Managing Director, SAP Labs India- Best Workplaces Conference,...
V. R. Ferose - Managing Director, SAP Labs India- Best Workplaces Conference,...V. R. Ferose - Managing Director, SAP Labs India- Best Workplaces Conference,...
V. R. Ferose - Managing Director, SAP Labs India- Best Workplaces Conference,...
 
Make my trip, final, bd version
Make my trip, final, bd versionMake my trip, final, bd version
Make my trip, final, bd version
 
My story as ceo (ajay kaul)
My story as ceo (ajay kaul)My story as ceo (ajay kaul)
My story as ceo (ajay kaul)
 
Patu Keswani - Founder, Lemon Tree Hotels
Patu Keswani - Founder, Lemon Tree HotelsPatu Keswani - Founder, Lemon Tree Hotels
Patu Keswani - Founder, Lemon Tree Hotels
 
Arvind Brands and Retail- August 2012
Arvind Brands and Retail- August 2012Arvind Brands and Retail- August 2012
Arvind Brands and Retail- August 2012
 
Make My Trip Case Study Presentation- Mumbai, August 2012
Make My Trip Case Study Presentation- Mumbai, August 2012Make My Trip Case Study Presentation- Mumbai, August 2012
Make My Trip Case Study Presentation- Mumbai, August 2012
 
Samit Ghosh on ' How creating a Great Workplace' has changed him - Mumbai, Au...
Samit Ghosh on ' How creating a Great Workplace' has changed him - Mumbai, Au...Samit Ghosh on ' How creating a Great Workplace' has changed him - Mumbai, Au...
Samit Ghosh on ' How creating a Great Workplace' has changed him - Mumbai, Au...
 
Qualcomm- Case Study presentation, Mumbai August 2012
Qualcomm- Case Study presentation, Mumbai August 2012Qualcomm- Case Study presentation, Mumbai August 2012
Qualcomm- Case Study presentation, Mumbai August 2012
 
TPG Software- Rewards and Recognition
TPG Software- Rewards and RecognitionTPG Software- Rewards and Recognition
TPG Software- Rewards and Recognition
 
Aditi Technologies
Aditi TechnologiesAditi Technologies
Aditi Technologies
 
Sap labs
Sap labsSap labs
Sap labs
 
American Express
American ExpressAmerican Express
American Express
 
TPG Software (erstwhile Brickred Technologies)
TPG Software (erstwhile Brickred Technologies)TPG Software (erstwhile Brickred Technologies)
TPG Software (erstwhile Brickred Technologies)
 
Reliance Commercial Finance
Reliance Commercial FinanceReliance Commercial Finance
Reliance Commercial Finance
 
Music Broadcast- Radio City
Music Broadcast- Radio CityMusic Broadcast- Radio City
Music Broadcast- Radio City
 
JM Financial Services
JM Financial ServicesJM Financial Services
JM Financial Services
 

Último

Business Model Canvas (BMC)- A new venture concept
Business Model Canvas (BMC)-  A new venture conceptBusiness Model Canvas (BMC)-  A new venture concept
Business Model Canvas (BMC)- A new venture conceptP&CO
 
RSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataRSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataExhibitors Data
 
Famous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st CenturyFamous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st Centuryrwgiffor
 
Call Girls Kengeri Satellite Town Just Call 👗 7737669865 👗 Top Class Call Gir...
Call Girls Kengeri Satellite Town Just Call 👗 7737669865 👗 Top Class Call Gir...Call Girls Kengeri Satellite Town Just Call 👗 7737669865 👗 Top Class Call Gir...
Call Girls Kengeri Satellite Town Just Call 👗 7737669865 👗 Top Class Call Gir...amitlee9823
 
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptxB.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptxpriyanshujha201
 
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Dave Litwiller
 
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLMONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLSeo
 
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...Sheetaleventcompany
 
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...rajveerescorts2022
 
Value Proposition canvas- Customer needs and pains
Value Proposition canvas- Customer needs and painsValue Proposition canvas- Customer needs and pains
Value Proposition canvas- Customer needs and painsP&CO
 
A DAY IN THE LIFE OF A SALESMAN / WOMAN
A DAY IN THE LIFE OF A  SALESMAN / WOMANA DAY IN THE LIFE OF A  SALESMAN / WOMAN
A DAY IN THE LIFE OF A SALESMAN / WOMANIlamathiKannappan
 
Cracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptxCracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptxWorkforce Group
 
BAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
BAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRLBAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
BAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRLkapoorjyoti4444
 
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...amitlee9823
 
Phases of negotiation .pptx
 Phases of negotiation .pptx Phases of negotiation .pptx
Phases of negotiation .pptxnandhinijagan9867
 
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdfRenandantas16
 
Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Roland Driesen
 
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756dollysharma2066
 
Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageMatteo Carbone
 

Último (20)

Business Model Canvas (BMC)- A new venture concept
Business Model Canvas (BMC)-  A new venture conceptBusiness Model Canvas (BMC)-  A new venture concept
Business Model Canvas (BMC)- A new venture concept
 
RSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataRSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors Data
 
Famous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st CenturyFamous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st Century
 
Call Girls Kengeri Satellite Town Just Call 👗 7737669865 👗 Top Class Call Gir...
Call Girls Kengeri Satellite Town Just Call 👗 7737669865 👗 Top Class Call Gir...Call Girls Kengeri Satellite Town Just Call 👗 7737669865 👗 Top Class Call Gir...
Call Girls Kengeri Satellite Town Just Call 👗 7737669865 👗 Top Class Call Gir...
 
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptxB.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
 
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
 
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLMONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
 
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...
 
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
 
Value Proposition canvas- Customer needs and pains
Value Proposition canvas- Customer needs and painsValue Proposition canvas- Customer needs and pains
Value Proposition canvas- Customer needs and pains
 
A DAY IN THE LIFE OF A SALESMAN / WOMAN
A DAY IN THE LIFE OF A  SALESMAN / WOMANA DAY IN THE LIFE OF A  SALESMAN / WOMAN
A DAY IN THE LIFE OF A SALESMAN / WOMAN
 
Cracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptxCracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptx
 
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabiunwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
 
BAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
BAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRLBAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
BAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
 
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
 
Phases of negotiation .pptx
 Phases of negotiation .pptx Phases of negotiation .pptx
Phases of negotiation .pptx
 
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
 
Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...
 
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
 
Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usage
 

Godrej Industries - August 2012

  • 1. GREAT PLACE TO WORK CONFERENCE August 7, 2012
  • 2. THE GODREJ GROUP • Evolution from a lock making company in 1897 to a present day conglomerate of 3 bn USD+ • GILAC is a group of four major businesses – FMCG, chemicals, real estate and agro products, supported by a strong Corporate Center • Presence in 60+ countries • 11,000+ employees • 500 million people use one or another Godrej product everyday • Strong focus on ‘Good & Green’, the Group wide shared value initiative 2 I Godrej I Title of Presentation I Date
  • 3. THE GODREJ GROUP • Rebranding exercise in 2008 with the objective of positioning the brand as contemporary • Today, at a point in history where Godrej’s amazing past is meeting up with its ambitious future • Godrej is learning and relishing being young again 3 I Godrej I Title of Presentation I Date
  • 4. OUR IMPERATIVES AS A GROUP Our 2020 Vision has 4 Imperatives HR Imperatives • Provide strong leadership and global talent from within Godrej Grow 10 times in the next 10 years • Cost efficiency • Integrate acquisitions Be the most trusted and innovative Indian Have an authentic and edgy employer brand brand Foster an inspiring place to work Build the culture around our capability factors Create shared value through ‘Godrej Good and Green’
  • 5. MAKING THE TRANSITION HAPPEN • Focused on three key words: simple, authentic and edgy • Key initiatives undertaken: • Introduction of the HR philosophy and Godrej Capability Factors (GCF) • Aligning HR processes to GCF • Hiring for culture fit and values • Leadership Development • Competitive Remuneration • Employee Engagement • Upgrade technology 5 I Godrej I Title of Presentation I Date
  • 6. ARTICULATING THE HR PHILOSOPHY The bar rises as you move to higher roles Excellence is the only option You are responsible for your own development and that of your team Never hoard talent; rotate people tough Promotions are based on performance and potential, never on tenure or for retention Teams must be diverse and whole brained in make up and thought What is sacrosanct: our values and always treating people with respect Coach, guide and provide honest feedback love Talent will get focused attention and support for career development Rewards in line with performance and contribution to the business Space, opportunities and resources to develop 6 I Godrej I Title of Presentation I Date
  • 7. INTRODUCTION OF THE GCF • Set of key capabilities that will help in building a brighter and future- ready Godrej • 3 pillars that define leadership capabilities at Godrej • Leading Self: being self aware and self driven • Leading Others: collaborating with and developing people • Leading Business: acting strategically to deliver results • Defines the critical capabilities and expected behaviors for each level in the organization and plays a key role in people processes • Used to hire and identify talent, review performance, provide feedback and structure development efforts for growth 7 I Godrej I Title of Presentation I Date
  • 8. PILLAR CAPABILITY FACTORS DESIRABLE BEHAVIORS Drive Initiative Ownership Tenacity Humility Leading Hunger to Learn and Improve Growth Mindset Self Committed to change Maturity Emotional and Social Awareness Self Awareness Influence The 3 Pillars Creates a high performance team Leading Team Adaptive have 10 Motivator Godrej Nurtures talent Leading Developing Others Feedback Capability Others Mentoring Factors, Godrej First Fostering Collaboration Collaborates with Builds bridges desirable Insightful Customer Centricity Innovates behaviors Delights attributed to Envision Acting Strategically Frames issues them Action orientation Leading Business Commercial acumen Delivering Results Execution excellence Agility Role model Institution Building Knowledge sharing 8 I Godrej I Title of Presentation I Date Shapes culture
  • 9. HIRING FOR CULTURE FIT AND VALUES • Introduction of the GCF in the selection process • Multi-level engagement during the selection process • Bright Start and Bright Week – to drive a common introduction to the Group 9 I Godrej I Title of Presentation I Date
  • 10. STRENGTHENING OUR LEADERSHIP PIPELINE BY BUILDING OUR EMPLOYER BRAND • Focus on hiring Management Trainees through the summer route – 90% of new joinees this year did their summers with us last year, 50 interns in the Gurukul batch for next year, as compared to 27 in 2011 • The application process was very creative, with the option to write in with a movie clip, song, advertisement, poem or even a comic strip. The selection process used simulated games instead of standard group discussions. • Godrej LOUD is a platform for students to live our their unfulfilled personal dreams. Godrej will sponsor the dreams and also make offers into the summer programme. 10 I Godrej I Title of Presentation I Date
  • 11. ! 11 I Godrej I Title of Presentation I Date !
  • 12. LEADERSHIP DEVELOPMENT Employees are mapped on the ‘9 Box Performance – Potential Model’ Reassign or Rescope Top Talent • Evaluate if in right role • Structured career conversations • Identify development priority • Stretch projects/ assignments • Support with direction and guidance on • Coaching improving performance • Job Rotation • Identify corrective actions in the role • Premium Training environment, if required Watch list Core Contributors • Time bound performance improvement plan • Structured development planning • Frequent reviews to monitor performance • Supervisor mentoring • Improve or disengage • Cross functional projects/ assignments 12 I Godrej I Title of Presentation I Date • Training for skill and GCF development
  • 13. DEVELOPING TALENT • Leadership Series – Top 100 employees participate in this world class programme, led by Bharat Anand (Harvard Business School) and Hitendra Wadhwa (Columbia Business School) • Godrej Fellows Programme – Brings together ten of the brightest young people, under the age of 30, to work on change oriented projects across the Group 13 I Godrej I Title of Presentation I Date
  • 14. COMPETITIVE REMUNERATION • Aim to be in the 75th percentile for employees meeting expected performance levels • Differentiated remuneration through an EVA based bonus scheme • Scheme has an individual and collective component • Payouts without cap 14 I Godrej I Title of Presentation I Date
  • 15. EMPLOYEE ENGAGEMENT • In tune – soliciting frequent feedback • Brighter Banks to drive Values • Policy changes • Sick Leave is now trust-based • Fexi-time, work from home and part time work options • Maternity benefits strengthened • Introduction of Paternity and Adoption benefits 15 I Godrej I Title of Presentation I Date
  • 16. LEVERAGING TECHNOLOGY • Integrated technology base • Globally scalable • Intuitive and simple to use • Outsource non value adding activities 16 I Godrej I Title of Presentation I Date
  • 17. QUICK WINS FROM THESE INITIATIVES • Successfully integrated 8 acquisitions in the last 2 years • Growth of 30% in FY12, ahead of the targeted 2020 growth rate of 26% • Spike in engagement scores • Turnaround of businesses e.g. Godrej Agrovet • Attracting brighter talent 17 I Godrej I Title of Presentation I Date
  • 18. KEY LEARNING • Create a common language • Take constant feedback and adapt – evaluate portfolio of HR toolkit constantly • Make things simple to use • Drive through line management and walk the talk • Culture shift takes long – we need to persevere • HR fraternity should build expertise – act as a coach and not the water-boy 18 I Godrej I Title of Presentation I Date
  • 19. THANK YOU FOR YOUR TIME AND CONSIDERATION 19 I Godrej I Title of Presentation I Date