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American Express India
      Becoming
A Great Place to Work
Today’s Discussion

 Our Company

 The People Factor

 The Human Resources Context in India

 What We’ve Learned




                                         2
Our Vision: “To Become the World’s
Most Respected Service Brand”
 Leading global payments and travel company

 World’s largest issuer of charge and credit cards

 Operations in 175 countries, 2300 offices around the globe,
 60k+ employees

 American Express India – largest employee base outside the US




                                                                  3
The People Factor




                    4
The Human Resources Context in India

 Growing hiring needs

 Growing skill diversity

 Performance oriented culture

 Hot employment market

 Increasing Gen Y representation

 Low leadership tenure


                                       5
What We’ve Learned

 Recruit for success

 Build a differentiated workplace

 Measure ‘engagement,’ not ‘satisfaction’

 Make Diversity & Inclusion a key focus area

 Ensure leadership commitment




                                                6
Recruit for Success

 Involve your best performers in the hiring process – they will
 select people like themselves

 Actively manage low performers to reduce variability




                                                                   7
Build a Differentiated Workplace
 Engage with families through relevant programs

 Promote preventive healthcare

 Enable work-life integration

 Build a culture of performance and recognition

 Focus on transformative engagement and build avenues to support
  innovative thinking and risk taking among all employees




                                                                    8
Measure ‘Engagement,’ Not ‘Satisfaction’
 Satisfied employees don’t produce results, engaged employees do

  Employee engagement that transforms: when employees are motivated and
             empowered to think and act like business owners

                 Leaders should leverage employee pulse results
                      to drive engagement that transforms


                    Evolution of American Express’ Engagement Focus

        Healthy employee            Productivity &             Employee-driven
          environment            customer satisfaction       innovation & change

 PAST                                                                       FUTURE


                                                                                     9
Make D&I a Key Focus Area
 Underrepresented talent groups (e.g., women and differently-abled people)
  can open many new talent sources for organizations, especially in growth
  economies with “talent wars”

 The employee base should reflect the changing face of the customer in order
  to better understand and address diverse customer needs

 The new age customer is more aware, connected and demanding, and meeting
  his or her needs requires innovative and differentiated thinking

 D&I drives financial performance
     Studies indicate that companies with the highest representation of women in top
      management teams experience, on average, better financial performance than
      companies with the lowest female representation!




                                                                                        10
Ensure Leadership Commitment


  Through tangible linkage to Leadership Goals


                 Through inclusion in Leadership Competencies


      leading to…


                         Effective Leadership


                                                                11
Thank You




            12

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Sanjay Rishi - Ceo Speak - Best Workplaces Conference August 2012

  • 1. American Express India Becoming A Great Place to Work
  • 2. Today’s Discussion  Our Company  The People Factor  The Human Resources Context in India  What We’ve Learned 2
  • 3. Our Vision: “To Become the World’s Most Respected Service Brand”  Leading global payments and travel company  World’s largest issuer of charge and credit cards  Operations in 175 countries, 2300 offices around the globe, 60k+ employees  American Express India – largest employee base outside the US 3
  • 5. The Human Resources Context in India  Growing hiring needs  Growing skill diversity  Performance oriented culture  Hot employment market  Increasing Gen Y representation  Low leadership tenure 5
  • 6. What We’ve Learned  Recruit for success  Build a differentiated workplace  Measure ‘engagement,’ not ‘satisfaction’  Make Diversity & Inclusion a key focus area  Ensure leadership commitment 6
  • 7. Recruit for Success  Involve your best performers in the hiring process – they will select people like themselves  Actively manage low performers to reduce variability 7
  • 8. Build a Differentiated Workplace  Engage with families through relevant programs  Promote preventive healthcare  Enable work-life integration  Build a culture of performance and recognition  Focus on transformative engagement and build avenues to support innovative thinking and risk taking among all employees 8
  • 9. Measure ‘Engagement,’ Not ‘Satisfaction’  Satisfied employees don’t produce results, engaged employees do Employee engagement that transforms: when employees are motivated and empowered to think and act like business owners Leaders should leverage employee pulse results to drive engagement that transforms Evolution of American Express’ Engagement Focus Healthy employee Productivity & Employee-driven environment customer satisfaction innovation & change PAST FUTURE 9
  • 10. Make D&I a Key Focus Area  Underrepresented talent groups (e.g., women and differently-abled people) can open many new talent sources for organizations, especially in growth economies with “talent wars”  The employee base should reflect the changing face of the customer in order to better understand and address diverse customer needs  The new age customer is more aware, connected and demanding, and meeting his or her needs requires innovative and differentiated thinking  D&I drives financial performance  Studies indicate that companies with the highest representation of women in top management teams experience, on average, better financial performance than companies with the lowest female representation! 10
  • 11. Ensure Leadership Commitment Through tangible linkage to Leadership Goals Through inclusion in Leadership Competencies leading to… Effective Leadership 11
  • 12. Thank You 12