Human Resource Outsourcing (HRO)

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

Published in: Business, Career
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Human Resource Outsourcing (HRO)

  1. 1. HRO Ranjan Sinha CEO & Ch i Chairman S Summit HR I di it India www.summithrindia.com Pune Chapter Annual Conference 2008
  2. 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. 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. 4. Innovation In HR • Product • Markets • B i Business M d l Model engagetalent.blogspot.com Pune Chapter Annual Conference 2008
  5. 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. 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. 7. India is the key battle ground y g Pune Chapter Annual Conference 2008
  8. 8. It is here to stay y Pune Chapter Annual Conference 2008
  9. 9. It is getting better g g Pune Chapter Annual Conference 2008
  10. 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. 11. Pune Chapter Annual Conference 2008
  12. 12. Seems like a one way street! y Pune Chapter Annual Conference 2008
  13. 13. Pune Chapter Annual Conference 2008
  14. 14. Future Looks Good Pune Chapter Annual Conference 2008
  15. 15. Pune Chapter Annual Conference 2008
  16. 16. Pune Chapter Annual Conference 2008
  17. 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. 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. 19. HR Effectiveness vs. Efficiency y Pune Chapter Annual Conference 2008
  20. 20. World Class Organizations g Pune Chapter Annual Conference 2008
  21. 21. World Class Organizations g Pune Chapter Annual Conference 2008
  22. 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. 23. Pune Chapter Annual Conference 2008
  24. 24. engagetalent.blogspot.com Pune Chapter Annual Conference 2008

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