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Human Resource Outsourcing (HRO)

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Human Resource Outsourcing (HRO) …

Human Resource Outsourcing (HRO)
By
Ranjan Sinha, CEO & Chairman, Summit HR India.

Published in Business , Career
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  • 1. HRO Ranjan Sinha CEO & Ch i Chairman S Summit HR I di it India www.summithrindia.com Pune Chapter Annual Conference 2008
  • 2. Top 1000 CEOs were asked.. p What is the MOST important factor p influencing your organization's achievement of it strategic objectives? engagetalent.blogspot.com Pune Chapter Annual Conference 2008
  • 3. Overwhelming Response was… g p “INNOVATION” “Constant reinvention is a central necessity...…We are all just a moment away from commodity hell” Jack Welch, Ex Chairman, GE Pune Chapter Annual Conference 2008
  • 4. Innovation In HR • Product • Markets • B i Business M d l Model engagetalent.blogspot.com Pune Chapter Annual Conference 2008
  • 5. Innovation is not all equal q Global CEOs stated that business model innovation has the greatest impact on operating margin growth than product and service innovation – Cost Reduction – Strategic flexibility – Focus on core Pune Chapter Annual Conference 2008
  • 6. Business Model Innovation • Hard to execute • Organizational resistance need to be converted to acceptance • Executive leadership is critical • Partnerships – Internal and external engagetalent.blogspot.com Pune Chapter Annual Conference 2008
  • 7. India is the key battle ground y g Pune Chapter Annual Conference 2008
  • 8. It is here to stay y Pune Chapter Annual Conference 2008
  • 9. It is getting better g g Pune Chapter Annual Conference 2008
  • 10. Satisfaction Levels with Vendors have come down b t still hi h h d but till high engagetalent.blogspot.com Pune Chapter Annual Conference 2008
  • 11. Pune Chapter Annual Conference 2008
  • 12. Seems like a one way street! y Pune Chapter Annual Conference 2008
  • 13. Pune Chapter Annual Conference 2008
  • 14. Future Looks Good Pune Chapter Annual Conference 2008
  • 15. Pune Chapter Annual Conference 2008
  • 16. Pune Chapter Annual Conference 2008
  • 17. Summit HR Fact File Mission : Help companies win the global war for talent so that they can  dominate the markets they serve Group Sales : USD 425 million  Services : Comprehensive Talent Supply Chain Management Service Staffing; Vendor Management Services Key Clients : Worldwide ‐ 200 + Clients across Technology, Manufacturing,  Media Entertainment; Finance and  Insurance and Retail India: Yahoo, Textronix, Thomson Financial, Max NY Life,  CSC,  Covansys, IBM, General Physics, T Systems, KLA‐ Tencor,   US: Sun Microsystems, T Mobile, DELL, CISCO,  United  Technology, IBM, Unisys, Moog, KLA, T Mobile Employees : India: 158 Worldwide :  800 Awards and  Wall Street – Top 10 HR Outsourcing Company Recognition Gartner – Top 100 Outsourcing Company Global Services ‐ Top 100 ‐ 2006, 2007, 2008 IAOP – Top 10 HR Outsourcing Company HRO Today – Bakers Dozen RPO company Offices and  : India : 4 Delivery centers, delivering to 8 cities across India Cities  Cities Worldwide :  32 Offices  delivering a cross 120 cities Worldwide : 32 Offices delivering a cross 120 cities Serviced Pune Chapter Annual Conference 2008
  • 18. Demand & Supply in Imbalanced pp y •Demand Exceeds Supply QUALITY, •Zero Sum Game •New ways to reach candidates EXPEREINCED & SKILLED S FRESHERS & •Supply Exceeds Demand SEMI-SKILLED •System for cost effective pre selection DEMAND SUPPLY Companies are looking for innovation in: 1. How to reduce attrition 1 2. New ways to source candidates beyond job boards for lateral hiring Pune Chapter Annual Conference 2008
  • 19. HR Effectiveness vs. Efficiency y Pune Chapter Annual Conference 2008
  • 20. World Class Organizations g Pune Chapter Annual Conference 2008
  • 21. World Class Organizations g Pune Chapter Annual Conference 2008
  • 22. “It’s not the strongest of the species, nor the most intelligent, that survive; it s the one intelligent it’s most responsive to change” Charles Darwin Pune Chapter Annual Conference 2008
  • 23. Pune Chapter Annual Conference 2008
  • 24. engagetalent.blogspot.com Pune Chapter Annual Conference 2008