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Transforming Performance @ Genpact
May 2016
© 2016 Copyright Genpact. All Rights 2
Blink And The World Changes…
© 2016 Copyright Genpact. All Rights 3
Blockbuster went from
60,000 employees to
0 in 5 years
© 2016 Copyright Genpact. All Rights 4
3 mega-forces will change our talent landscape in 2
significant ways
Disruptive Technology
Mobility, Advanced 

Robotics, Analytics
Big Data Analytics
Micro tracking
Natural Language
Programming
Millennial Workforce
Social Trading
‘security’ for
flexibility
Talent Supply Chain Will become
DISAGGREGATED,
NON-LINEAR, ON DEMAND
Employees Will Shift From Being An
“Aggregation” To
MICRO TARGETED CONSUMERS
1 2
© 2016 Copyright Genpact. All Rights 5
Talent supply Chain will become dis-aggregated,
non linear, on demand … high degree of automation
driven by Digital
1
© 2016 Copyright Genpact. All Rights 6
Employees will shift from being a largely (faceless)
“aggregation” to a micro-targeted “consumer” …
driven by Big Data Analytics
2
© 2016 Copyright Genpact. All Rights 7
The digital revolution
is being slowed
down by legacy
processes and
technology…
© 2016 Copyright Genpact. All Rights 8
WHAT IS LEAN DIGITALSM?
© 2016 Copyright Genpact. All Rights 9
Simplify, Standardize, Consolidate … footprint across Finance &
HR functions
One Genpact
One
Process
One
Policy
One
Technology
One
Reporting
▪ Globally uniform processes
▪ Shared Services Centers
▪ Leaner & global Chart of
Accounts (COA) ▪ Enterprise wide
standards for critical
Finance policies and
HR policies
▪ Consolidation of ERP system
▪ Application rationalization
▪ Cloud adoption
▪ Common prioritized data
masters
▪ Automated reports from
BI; aim to enable self
service reporting
Key Benefits
▪15% Reduction in hiring Turnaround Time
▪40% Application Rationalization
▪ Capture of cost, resources & revenue at the desired level of granularity
▪Consistent & faster Stat. and Management reporting
▪ 25% Productivity Increase: Finance & HR
▪ 5 days Reduction in DSO
▪ 8 days Reduction in period end closing time
▪ 8% Reduction in Revenue dilution
© 2016 Copyright Genpact. All Rights 10
As ‘employees’ shift to ‘consumers’ apply ‘design thinking’ to
individualize every ‘moment of truth’
Design Principles to Deliver
Consumer Grade User
Experience Analytics beyond ERP
User Centric Design
Speed vs. Scale
Cloud is Step 1
© 2016 Copyright Genpact. All Rights 11
Example: Floor Management through Double Robotics for User
Controlled Live Feed of Floor…Mobile access/control
• iPad on Wheels for remote monitoring & live
Cam
• Remotely controlled & transmits thru WiFi
• Self-balancing base on wheels.
Multiple ingenuous uses
• Virtual Floor Walks
• Virtual presence at meeting
• Showcasing Operations floor to the clients
• Remote Interactions with teams
• Pre Hire Orientation
iPad
Self Balancing Wheels
Blue Tooth
WiFi
© 2016 Copyright Genpact. All Rights 12
Example : predictive analytics for employee retention
Earlier
• Attrition analysis was based on basic employee demographics – tenure, Education, Shift, R&R etc.
• Basic HR / People Practices were universally applicable
• Attrition Risk Assessment (EWS) effectiveness was dependent on Supervisor effectiveness
In the Future…
• We can track engagement levels dynamically for every employee based on exponentially more data
elements… 90% prediction accuracy vs 70% for manual assessment
• Drive customized engagement initiatives…cafeteria approach vs. fixed policies
© 2016 Copyright Genpact. All Rights 13
Adopted cloud
based tools for
goals &
appraisals
1st Company in
India to partner
with SAP
Success Factors
in 2009
Global rollout
across 14
countries, 40K
employees, 8
languages
Our Performance Management transformation journey
that started 7 years ago…
© 2016 Copyright Genpact. All Rights 14
- Goals on paper
- GE legacy PMS
tool
Partnered with
Success Factors –
moved to cloud
Standardization &
simplification of
appraisal forms
Introduced Performance
Mgmt. on ERP
2009
2007
2004 - 05
2009
2012
2015
2016
2013
- Introduced
Employee
feedback survey
- Introduced
project based
evaluation
&
- Succession
tracking
And the journey continues…
- iPerform
Feedback App
© 2016 Copyright Genpact. All Rights 15
Genpact HR - IT partnership has been terrific …
valuable learnings on how to deliver exceptional results
1. “Everyone needs to learn Lean Digital ( Technology)” – can’t remain HR or Finance domain
only
2. “Tech Leaders must understand process” and be comfortable diving deep for solutions
3. Need IT pros with a strong point of view and the guts to say it – loudly & clearly
4. “Experts must behave like experts”… ever heard a surgeon asking a patient where to start
cutting?
5. Things will go wrong – Murphy at work – must learn and move on – IT ain’t perfect – even the
space shuttle blew up twice!
6. Bad news first – in English and very clear on impact – don’t pussyfoot it !
7. User is the king – Design thinking critical – else your software will get canned or worse
8. Find out the right question to ask – Technology has solutions to everything (almost ☺ )

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Transforming Performance with Lean Digital

  • 1. Transforming Performance @ Genpact May 2016
  • 2. © 2016 Copyright Genpact. All Rights 2 Blink And The World Changes…
  • 3. © 2016 Copyright Genpact. All Rights 3 Blockbuster went from 60,000 employees to 0 in 5 years
  • 4. © 2016 Copyright Genpact. All Rights 4 3 mega-forces will change our talent landscape in 2 significant ways Disruptive Technology Mobility, Advanced 
 Robotics, Analytics Big Data Analytics Micro tracking Natural Language Programming Millennial Workforce Social Trading ‘security’ for flexibility Talent Supply Chain Will become DISAGGREGATED, NON-LINEAR, ON DEMAND Employees Will Shift From Being An “Aggregation” To MICRO TARGETED CONSUMERS 1 2
  • 5. © 2016 Copyright Genpact. All Rights 5 Talent supply Chain will become dis-aggregated, non linear, on demand … high degree of automation driven by Digital 1
  • 6. © 2016 Copyright Genpact. All Rights 6 Employees will shift from being a largely (faceless) “aggregation” to a micro-targeted “consumer” … driven by Big Data Analytics 2
  • 7. © 2016 Copyright Genpact. All Rights 7 The digital revolution is being slowed down by legacy processes and technology…
  • 8. © 2016 Copyright Genpact. All Rights 8 WHAT IS LEAN DIGITALSM?
  • 9. © 2016 Copyright Genpact. All Rights 9 Simplify, Standardize, Consolidate … footprint across Finance & HR functions One Genpact One Process One Policy One Technology One Reporting ▪ Globally uniform processes ▪ Shared Services Centers ▪ Leaner & global Chart of Accounts (COA) ▪ Enterprise wide standards for critical Finance policies and HR policies ▪ Consolidation of ERP system ▪ Application rationalization ▪ Cloud adoption ▪ Common prioritized data masters ▪ Automated reports from BI; aim to enable self service reporting Key Benefits ▪15% Reduction in hiring Turnaround Time ▪40% Application Rationalization ▪ Capture of cost, resources & revenue at the desired level of granularity ▪Consistent & faster Stat. and Management reporting ▪ 25% Productivity Increase: Finance & HR ▪ 5 days Reduction in DSO ▪ 8 days Reduction in period end closing time ▪ 8% Reduction in Revenue dilution
  • 10. © 2016 Copyright Genpact. All Rights 10 As ‘employees’ shift to ‘consumers’ apply ‘design thinking’ to individualize every ‘moment of truth’ Design Principles to Deliver Consumer Grade User Experience Analytics beyond ERP User Centric Design Speed vs. Scale Cloud is Step 1
  • 11. © 2016 Copyright Genpact. All Rights 11 Example: Floor Management through Double Robotics for User Controlled Live Feed of Floor…Mobile access/control • iPad on Wheels for remote monitoring & live Cam • Remotely controlled & transmits thru WiFi • Self-balancing base on wheels. Multiple ingenuous uses • Virtual Floor Walks • Virtual presence at meeting • Showcasing Operations floor to the clients • Remote Interactions with teams • Pre Hire Orientation iPad Self Balancing Wheels Blue Tooth WiFi
  • 12. © 2016 Copyright Genpact. All Rights 12 Example : predictive analytics for employee retention Earlier • Attrition analysis was based on basic employee demographics – tenure, Education, Shift, R&R etc. • Basic HR / People Practices were universally applicable • Attrition Risk Assessment (EWS) effectiveness was dependent on Supervisor effectiveness In the Future… • We can track engagement levels dynamically for every employee based on exponentially more data elements… 90% prediction accuracy vs 70% for manual assessment • Drive customized engagement initiatives…cafeteria approach vs. fixed policies
  • 13. © 2016 Copyright Genpact. All Rights 13 Adopted cloud based tools for goals & appraisals 1st Company in India to partner with SAP Success Factors in 2009 Global rollout across 14 countries, 40K employees, 8 languages Our Performance Management transformation journey that started 7 years ago…
  • 14. © 2016 Copyright Genpact. All Rights 14 - Goals on paper - GE legacy PMS tool Partnered with Success Factors – moved to cloud Standardization & simplification of appraisal forms Introduced Performance Mgmt. on ERP 2009 2007 2004 - 05 2009 2012 2015 2016 2013 - Introduced Employee feedback survey - Introduced project based evaluation & - Succession tracking And the journey continues… - iPerform Feedback App
  • 15. © 2016 Copyright Genpact. All Rights 15 Genpact HR - IT partnership has been terrific … valuable learnings on how to deliver exceptional results 1. “Everyone needs to learn Lean Digital ( Technology)” – can’t remain HR or Finance domain only 2. “Tech Leaders must understand process” and be comfortable diving deep for solutions 3. Need IT pros with a strong point of view and the guts to say it – loudly & clearly 4. “Experts must behave like experts”… ever heard a surgeon asking a patient where to start cutting? 5. Things will go wrong – Murphy at work – must learn and move on – IT ain’t perfect – even the space shuttle blew up twice! 6. Bad news first – in English and very clear on impact – don’t pussyfoot it ! 7. User is the king – Design thinking critical – else your software will get canned or worse 8. Find out the right question to ask – Technology has solutions to everything (almost ☺ )