The document summarizes key points from the Pune Chapter Annual Conference 2008. It discusses that innovation, especially business model innovation, is critical for achieving strategic objectives. Business model innovation has the greatest impact on growth but is also hard to execute due to organizational resistance. It also notes that India is an important battleground and that while satisfaction with vendors has decreased, the future outlook remains positive. Summit HR is highlighted as a leading HR outsourcing company focused on talent supply chain management.

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