People drive profits   March 2012




                                    HRNEXT   Private and confidential
Introduction

 Anurag Shrivastava
   Over 15 years as HR and functional Heads in various organizations of
    repute - UB Group, Digital Equipment, Aditi Technologies , Talisma
    and Prudential ICICI
   Experience in handing complex projects in
        Compensation and rewards
        OD interventions
        Job description and competencies
        Employee satisfaction surveys
        Hiring experience – entry level to CEO
        Building HR function and teams




                                                  HRNEXT   Private and confidential
Credentials

 Education
     1985-90 – IIT Kharagpur, 1992 XLRI Jamshedpur
 UB Group 1992-1995
   Factory industrial relations head ;North Bihar and UP; successfully
    negotiated union agreements
   Corporate HR as Head HR for sales
 Digital Equipment 1996-1998
   Developed and implemented C&B and rewards strategy
   Employee Satisfaction survey
   Recruitment of high end engineers for engineering centre




                                                HRNEXT   Private and confidential
Credentials
 Aditi Technologies 1998-2000
     Crafted the employee hiring strategy to enable company to become a key vendor to
      Microsoft
     Ensured growth from 180 people to 1000 people within 2 years
     Ensured company becomes a top 10% brand in IITs
 Talisma Corporation 2000-2004
     Part of start up management; enabled smooth transition as independent company; set
      up HR function
     Built recruitment brand from scratch in campuses and for experienced hires ensured
      Talisma had the highest quality of engineers and professional services staff in the
      industry
     Ensured continued high level of employee engagement along with two layoffs
     Devised and implemented HR practices which served as model for industry
     Several OD initiatives to manage change
     One of the Best Employers as per Hewitt Survey of 2001




                                                       HRNEXT    Private and confidential
Credentials

 Prudential ICICI AMC Dec 2004 – August 2006
   Anchored the first comprehensive competency evaluation and JD
    exercise in AMC industry
   Employee satisfaction survey and action items
      Actions resulted in reduction of attrition rate from 15% to 4.8% in less
       than one year
      Improvement in engagement level on all parameters
   Developed the rewards and bonus strategy
   Streamlined of recruitment process
 HRNEXT August 2006 onwards
   Executive search for top MNCs
   Coach and mentor for HR professionals


                                                 HRNEXT   Private and confidential
Our value proposition

 Fill the gaps in execution of HR plans and activities
       HR staff more involved in routine activities
       Understaffed HR staff
       High cost of experienced HR professionals on full
        time basis
 High quality and sustainable practices
 Network to draw upon best resources from market on
  need basis
 Pick and chose initiatives that will have maximum
  impact

                                      HRNEXT   Private and confidential
Specialized Services

  Compensation restructuring
  Leadership development
  Employee Satisfaction survey
  Job description and competency
  Staffing and employer branding
  Develop competency based HR practices




                                  HRNEXT   Private and confidential
Staffing management
  Conducting senior and middle management hiring
   interviews
  Develop campus hiring strategy and relationships
  Employer branding
    Internal – job postings process, employee referrals
    External – website content , advertising
  Streamline recruitment process
    Job description
    Hiring process
  Exit interviews
    Conducting the same and summarizing for management
     actions
                                      HRNEXT   Private and confidential
Executive Hiring

   Focused on high potential leaders
   Deep functional expertise and research
   Enduring client relationships
   Strong pre-existing network at senior levels
   Unique & creative search methodologies
   Non-negotiable ethics & trust
   Contingency payment ( except for retainer
    initially to begin process ) , competitive
    terms
                                HRNEXT   Private and confidential
Rewards management

  Structuring compensation
  Ongoing
    Performance management process ;
    Merit pay strategy;
    compensation survey data analysis and
     recommendations
    Incentive and bonus plans
    Retention bonus
    Long term retention plans
    Fitment of new employees
    Relocation
                                 HRNEXT   Private and confidential
Employee engagement


  Temperature check/ Employee Satisfaction
   Surveys
    Organizational diagnostics
    Action planning
  Morale programs
  Workplace design
  Coaching select managers
    Help managers transition through different
     passages of leadership

                                  HRNEXT   Private and confidential
HR and Org Development

 HR Function
   Advise on HR Structure ; processes
   Evaluate HR team competencies and suggest
    possible structure / staff
   Move
 Organizational development
     Job description and competencies
     Leadership ; succession planning
     Team building and bonding programs
     Career growth paths and ladders
                                 HRNEXT   Private and confidential
Engagement model

 Two distinct or hybrid
  Retention model
    Typically accountable for a function or set of
     functions such as compensation , PMS , recruitment
     which have measureable outcomes based on time
     spent
    Guiding and managing internal staff to deliver on
     above
  Contingency
    Outcome based ; completion of project milestones

                                  HRNEXT   Private and confidential
Typical engagement
 Offsite and Onsite support ; 50% each ; total engagement time min
    6 to max 10 staggered working days monthly for any single client
   Rates depend on market cost for similar experienced professional
    with minor mark up
   Engagement will be as deep as that of an inhouse senior
    management ; without attendant downsides.
   Overview with company HR Head; finalization of commercials
   Understanding the business and organisation
         Interviews with key individuals
         Promotional and internal materials
   Understand HR priorities from management team
         Policies
         Practices

                                             HRNEXT   Private and confidential

HRNEXT - people are profits

  • 1.
    People drive profits March 2012 HRNEXT Private and confidential
  • 2.
    Introduction  Anurag Shrivastava  Over 15 years as HR and functional Heads in various organizations of repute - UB Group, Digital Equipment, Aditi Technologies , Talisma and Prudential ICICI  Experience in handing complex projects in  Compensation and rewards  OD interventions  Job description and competencies  Employee satisfaction surveys  Hiring experience – entry level to CEO  Building HR function and teams HRNEXT Private and confidential
  • 3.
    Credentials  Education  1985-90 – IIT Kharagpur, 1992 XLRI Jamshedpur  UB Group 1992-1995  Factory industrial relations head ;North Bihar and UP; successfully negotiated union agreements  Corporate HR as Head HR for sales  Digital Equipment 1996-1998  Developed and implemented C&B and rewards strategy  Employee Satisfaction survey  Recruitment of high end engineers for engineering centre HRNEXT Private and confidential
  • 4.
    Credentials  Aditi Technologies1998-2000  Crafted the employee hiring strategy to enable company to become a key vendor to Microsoft  Ensured growth from 180 people to 1000 people within 2 years  Ensured company becomes a top 10% brand in IITs  Talisma Corporation 2000-2004  Part of start up management; enabled smooth transition as independent company; set up HR function  Built recruitment brand from scratch in campuses and for experienced hires ensured Talisma had the highest quality of engineers and professional services staff in the industry  Ensured continued high level of employee engagement along with two layoffs  Devised and implemented HR practices which served as model for industry  Several OD initiatives to manage change  One of the Best Employers as per Hewitt Survey of 2001 HRNEXT Private and confidential
  • 5.
    Credentials  Prudential ICICIAMC Dec 2004 – August 2006  Anchored the first comprehensive competency evaluation and JD exercise in AMC industry  Employee satisfaction survey and action items  Actions resulted in reduction of attrition rate from 15% to 4.8% in less than one year  Improvement in engagement level on all parameters  Developed the rewards and bonus strategy  Streamlined of recruitment process  HRNEXT August 2006 onwards  Executive search for top MNCs  Coach and mentor for HR professionals HRNEXT Private and confidential
  • 6.
    Our value proposition Fill the gaps in execution of HR plans and activities  HR staff more involved in routine activities  Understaffed HR staff  High cost of experienced HR professionals on full time basis  High quality and sustainable practices  Network to draw upon best resources from market on need basis  Pick and chose initiatives that will have maximum impact HRNEXT Private and confidential
  • 7.
    Specialized Services Compensation restructuring  Leadership development  Employee Satisfaction survey  Job description and competency  Staffing and employer branding  Develop competency based HR practices HRNEXT Private and confidential
  • 8.
    Staffing management Conducting senior and middle management hiring interviews  Develop campus hiring strategy and relationships  Employer branding  Internal – job postings process, employee referrals  External – website content , advertising  Streamline recruitment process  Job description  Hiring process  Exit interviews  Conducting the same and summarizing for management actions HRNEXT Private and confidential
  • 9.
    Executive Hiring  Focused on high potential leaders  Deep functional expertise and research  Enduring client relationships  Strong pre-existing network at senior levels  Unique & creative search methodologies  Non-negotiable ethics & trust  Contingency payment ( except for retainer initially to begin process ) , competitive terms HRNEXT Private and confidential
  • 10.
    Rewards management Structuring compensation  Ongoing  Performance management process ;  Merit pay strategy;  compensation survey data analysis and recommendations  Incentive and bonus plans  Retention bonus  Long term retention plans  Fitment of new employees  Relocation HRNEXT Private and confidential
  • 11.
    Employee engagement Temperature check/ Employee Satisfaction Surveys  Organizational diagnostics  Action planning  Morale programs  Workplace design  Coaching select managers  Help managers transition through different passages of leadership HRNEXT Private and confidential
  • 12.
    HR and OrgDevelopment  HR Function  Advise on HR Structure ; processes  Evaluate HR team competencies and suggest possible structure / staff  Move  Organizational development  Job description and competencies  Leadership ; succession planning  Team building and bonding programs  Career growth paths and ladders HRNEXT Private and confidential
  • 13.
    Engagement model Twodistinct or hybrid  Retention model  Typically accountable for a function or set of functions such as compensation , PMS , recruitment which have measureable outcomes based on time spent  Guiding and managing internal staff to deliver on above  Contingency  Outcome based ; completion of project milestones HRNEXT Private and confidential
  • 14.
    Typical engagement  Offsiteand Onsite support ; 50% each ; total engagement time min 6 to max 10 staggered working days monthly for any single client  Rates depend on market cost for similar experienced professional with minor mark up  Engagement will be as deep as that of an inhouse senior management ; without attendant downsides.  Overview with company HR Head; finalization of commercials  Understanding the business and organisation  Interviews with key individuals  Promotional and internal materials  Understand HR priorities from management team  Policies  Practices HRNEXT Private and confidential