2. Overview: Honeywell International
Diverse businesses, technologies and
products
A global $ 34.6 billion
Fortune 50 company
Over 110,000 employees
in nearly 100 countries
One of the select companies represented
by the Dow Jones Industrial Average
A Six Sigma Company
2006 Revenues2006 Revenues
$34.6 Billion
32%
14%
38%
32%
Specialty
Materials
Aerospace
Transportation
Systems
ACS
5. Philosophy of HPD
Overall philosophy is to differentiate great performers
through a strong talent management system, link pay to
performance, and ensure the right developmental
opportunities are made available to our most talented
people
6. HPDin Nutshell
Induction – Session on HPD
- HPD Process
- 5 Initiatives and 12 Behaviors
- HRBP drives the HPD process in each BU
HPD training for all managers
Employees and managers need to meet the deadlines as
prescribed by the HRBP
11. The Performance Philosophy
Results + Behaviors = Performance
Employee’s Results reflect the “what”
• What goals are achieved?
• What results are delivered?
Employee’s Behaviors reflect the “how”
• How are goals executed?
• How are results achieved?
Together, both components measure an individual’s
performance.
12. Prepare PDS: 9 BlockPlacement
Results: Exceeded targets
for most goals
Behaviors: Consistently
demonstrates outstanding.
Serves as a Role Model.
1
Results: Exceeds targets
for most goals.
Behaviors: Demonstrates
expected behaviors.
2
Results: Exceeded targets for
most goals.
Behaviors: Regularly falls
short of meeting HON
Standards
3
Results: Met targets for most
goals
Behaviors: Consistently
demonstrates outstanding
behaviors.
4
Results: Met targets for
most goals
Behaviors: Demonstrates
expected behaviors.
5
Results: Met targets for most
goals
Behaviors: Regularly falls
short of meeting HON
Standards.
6
Results: Failed to meet
targets for multiple goals
Behaviors: Consistently
demonstrates outstanding
behaviors.
Results: Failed to meet
targets for multiple goals
Behaviors: Demonstrates
expected behaviors
overall.
Results: Failed to meet
targets for multiple goals
Behaviors: Regularly falls
short of meeting HON
Standards
13. PDS Talent
Gives a high-level view of appropriate next steps for this employee’s
career
• Determine whether this employee would do well at the next level
• Refer to the employee’s Career Profile for background
Identify potential next moves based on assessment
1) High Potential
2) Promotable
3) Valuable Contributor
4) Placement Issues
5) Too New
14. Development Plan
Development planning
Recommendations for actions that will help employee achieve
potential and reach “next moves”.
Potential Next moves
Addresses what other areas of responsibility employee can take on
in the future at Honeywell, given appropriate development actions.
15. Example1
Resident Engineer:
The scope of workis to resolve 50 calls in a day
Needs Improvement : Attends to 40 calls resolves and resolves 30
out of them
Meet Expectations: Attends to 50 calls and resolves 50 out of them.
Exceeding Expectations: Attends to 50 calls, resolves 50 out of
them , documents the resolution , finds out ways to resolve the issue
in an effective and appropriate manner.
16. Example 2
Sales Manager:
The scope of workis to achieve the regional target with 15% margin
Needs Improvement : Achieves 70 percent of the target with below
10% margin
Meet Expectations: Achieves 90-95 percent of the target with 15%
margin.
Exceeding Expectations: 150 percent of the target with 15% and
above margin.
18. Honeywell recognizes its continuing responsibility to provide
the type and caliber of training.
Rapid changes in dictate that Honeywell remains flexible
and responsive to training requirements.
To provide the best training available and enable employees
to excel in customer satisfaction, customer support,
professionalism as industry leadership continues to be a
standard at Honeywell.
Need forTraining and Objective
19. Training Programs
Training & Personal Development
• TT (Talent Transformation Team)
• Levels of Training Based on the Grade
• Trainee needs to be nominated by the supervisor as per the
grade
• Soft skill training (1 Day Training)
• Advanced Communication Skill
• Proposal writing
• Interview skill building
• Basic Leadership training (5 Day Program) Sales Manager
• Advanced leadership training (5 Day Program) RSM
• Honeywell Leader training (5 Day Program) HRO & VP
22. Philosophy & Objective
The objective of Rewards and Recognition
programme is to Encourage and reward significant
individual/team contributions for company’s
Success.
The contributions should be “above and beyond call
of duty”
23. Rewards
Types of Awards
• Monthly Bravo Awards – Star, Peer Star, Bronze & Silver
• Quarterly Awards – Bravo Gold (Cash) & Team Awards
• Annual Awards – Bravo Gold (Champion’s Club) Award, Staff Award,
Long Service Award
• Star Award
• President Club Award- Award given by Honeywell CEO. Trip to USA
along with Spouse
• Honeywell Partner Award – Award given by HAIL on behalf of the
Customer
24. Incentive Scheme - Features
Linked to Revenues (Products and Services) – absolute achievement
Strong linkage to achieving absolute Gross Margin targets
Encourage focus on high margin business
Help us reward high performing sales people with more than 100%
achievement
Drive divisional & organizational priorities by
• Services Attached Sales
25. Eligibility
This policy is valid for the Quarter and is subject to revisions
Only sales employees with a variable stack. This does not cover any
Principal incentive schemes – these will be treated outside the scope
of this policy.
Incentives have a minimum qualifier gate viz.
• Achievement to be atleast 70% of absolute Topline target
(Revenue in case of Products & Services business for the quarter
• And atleast 70% of absolute Gross Margin target for the quarter
(Actual GM for Products & Services business )
• Both the above are in absolute numbers
All incentives will be paid based upon quarterly achievement of the
assigned individual targets
Six Sigma is a not just measurement of quality – but a strategy to improve growth and productivity. It is pervasive throughout our corporation and our business and affects everything we do- from the way we listen to our customers, develop our products and design our various processes – manufacturing, to quality to HR.