HRM presentation for iBall (Best IT World Pvt. Ltd)

1. Best IT World(India) Pvt. Ltd.
S u b m i t t e d b y, A n k i t D a s ( M B A 2 0 A 1 0 )
iBall

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SECTOR INFORMATION
E S D M
India witnessed a substantial spike in
demand for electronic products in the last
few years; this is mainly attributed to
India’s position as second-largest mobile
phone manufacturer worldwide and surge
in internet penetration rate.
The Electronics System Design &
Manufacturing sector plays a vital role in
the government’s goal of generating US$
1 trillion of economic value from the
digital economy by 2025
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Robust demand: One of the largest consumers of
electronic products in the Asia-Pacific region. Third-
largest start up hub, coupled with strong research &
development (R&D) ecosystem.
• Investment: The government has set a target to get "Rs.
18,000 crore (US$ 2.4 billion) investments in the
electronics manufacturing segment by 2021-22. New
schemes, as a part of the National Policy on Electronics
(NPE) 2019, outlay to spend "US$ 6.7 billion in form of
incentives.
• Policy support: Incentive rates for electronic products
export under proposed Remission of Duties or Taxes on
Export Products (RoDTEP) scheme.
Attractive opportunities: PU for large-scale electronics
manufacturing and IT hardware to promote component
manufacturing and reduce dependence on Chinese
electronic products.

4. COMPANY INFORMATION
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Highlights
Founded 24th September 2001
CEO Sandeep Parasrampuria
Founder Anil Parasrampuria
Headquarters Mumbai, Maharashtra, India
Area Served India
Key People
Anil Parasrampuria(Director),
Sunil Kedia(Director), Rakesh
Shah(Director)
Revenue Rs. 1,200 Crore Anil Parasrampuria
Founder, Director
Sandeep
Parasrampuria
CEO, iBall
Best IT World (India) Pvt. Ltd., more commonly known as iBall, is an Indian
electronics manufacturing services company headquartered in Mumbai, India. It
imports computer peripherals, smartphones and tablets from original equipment
manufacturers (OEMs)
informed, innovative & inspired. They are generation 'i'.

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PORTFOLIO

6. HR FUNCTION
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HRMS
Resource
Allocation
Personal Data
Management
Skill
Management
Performance
Management
Attendence/Lea
ve
Management
Training
Administration
HR & Benefits
Administration

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HOW COVID IMPACTED
• Remote Working
• Global Supply Chain Disruption
• Shortages of manufacturing units
• Add on cost for Importing & Exporting
• Slow Production
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8. HR PRACTICES
DURING COVID
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 Protect Every Employee
 Open, Two way Communication
 Reorienting Learning &
Development initiatives
 Focus on Performance & Outcomes
 Employee Engagement

9. HR TECHNOLOGY
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• Central Governance Established as HR viewed as a strategic partner helping drive
the organization’s broader objectives
• Full SaaS: Advanced use of emerging technology (AI Automation)
• High degree of direct access, including use of emerging channels( chat, voice), full
adaptation and strong user experience focused on “moments that matter”
• Processes are fully automated, harmonized and optimized
• Fully integrated intelligence platform leading metrics and KPIs: Strategic Business
Insights

10. HR CONTRIBUTIONS DURING COVID
• C o m p e n s a t i o n
R e s t r u c t u r i n g
• R e d e p l o y m e n t / R e -
s k i l l i n g
• R e t r e n c h m e n t a n d
Te r m i n a t i o n
• O u t p l a c e m e n t a n d
C a r e e r t r a n s i t i o n i n g
• D e f e r m e n t o f
I n c r e m e n t a n d
P r o m o t i o n
• M a n a g i n g Te m p o r a r y
E m p l o y e e s
• F u r l o u g h L e a v e &
C o m p e n s a t o r y
Wo r k i n g
• H o l d i n g P e r f o r m a n c e
P a y / B o n u s
• Te m p o r a r y
S h u t d o w n / S u s p e n s i o n
o f O p e r a t i o n s
• E m p l o y e e
C o m m u n i c a t i o n s
• H R P o l i c i e s a n d
P r o c e d u r e M a n u a l
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11. THANK YOU
S U B S C R I B E 1 8 0 0 2 6 6 6 4 0 9 C u s t o m e r. c a r e @ i b a l l . c o . i n
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