Prashansa Verma (14PGHR32) Rose Mary (14PGHR51) Sagar Srivastava (14PGHR53) Shlesha Singh (14PGHR56)
Founded in 1935 by Dr. K. A. Hamied Headquartered in Mumbai, Maharashtra 2000+ products across 65 categories in 170 countries USD 1.4 bn revenue in 2012-2013 Recent global acquisitions in Srilanka, Yemen and Uganda
People Department (1935-2011): Focus on core administrative functions HR Department (2011 onwards): Focus on being a strategic partner Been in place since the beginning of the organisation
Focussed mainly on the administrative roles of personnel department
Lack of specialization in different functions
Played the "administrative expert role Recruitment and Selection: Shortlisted candidates in terms of different criteria.
The candidates however were not required to go through different selection tests.
Performance Appraisal Bottom-Up Approach Self Evaluation by Employee Supervisor Evaluation of the work done Training and Development On-the-job training No training on leadership and talent management programmes
Performance Management Performance Management technique Competency mapping Not many practices in place Goal setting - weightage given to different descriptions and behaviours and the performance was measured against these Succession Planning For seventy years the name Hamied and Cipla have been inseparable Being a family owned business no need for succession planning was felt The family has always been at the helm of affairs The organization never felt a dearth of leadership
Constituted three years back
Why was the need felt ? An increase in its size with respect to the headcount & activities New ideas and vision that came along with the new people that were hired for the top positions Need for a formal framework was felt The basis for entitlement was non-existent
No one perceived it as a Cost Centre The transition was smooth The department did not try a carrot and stick approach It did not start with rules and regulations formation Recruitment and Selection The company now has a fully fledged employee referral system in place Unlike other organizations, there is no amount attached to the above practice Currently major recruiting from International markets Bringing in specialists from the industry in the R&D department Not much attention paid to the cost of hiring
Training and Development
On-field training provided 80% on-the-job training Employee development system still not in place
Succession Planning The organization started hiring for top positions from outside the organisation Hired people for top positions at Strategy, International business and Operations 2 years back Need to have people with different exposure but facing similar pressure situations
Compensation and Benefits
Grades and level system introduced Pay ranges for each grade Pay range revised at appropriate period of time Critical roles to be taken care in a different way Benefits include: Mediclaim policy, Hospitalization benefits, Wellness program, Periodic check ups
Internal Factors Capability of the company to pay Maintain Internal Parity
External Factors Benchmarking itself with peer companies and industry environment
Culture
Caring for people Close bonding within the organization Changes happening in company in the last 18 months- No particular culture No culture building exercise Culture change requires a huge belief in the higher management
Mergers/Acquisitions Strategy
Clear Vision Risk Analysis- Cost and people perspective HR intervention needed on case to case basis Functional Integration of the 2 companies Assurance given to employees of the acquired company No Compromise in certain situations
Example: Recent acquisition of Mabpharm The Future Approach
Wants to attain specialization in all the core functions