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INTEGRATION & SYNERGY
      In HR practices of
     Royal Bank of Canada

        BY: Sub-Group – 4
     Gyanendra Singh (12EX-019)
      Shishir Jindal (12EX-046)
   Madhumanti Samaddar (12EX-023)
     Arijit Majumder (12EX-0**)
       Shishir Jain (12EX-045)
     Somnath Manna (12EX-0**)
Synergy in RBC
 HR and business are tuned to go together
Customers are treated as partners
Employees are driven through common goals
 and targets
These goals and targets are well set to achieve
 long-term goals through short-term
 achievements
Fundamental sources of alignment are
 Leadership, Culture and Values
Synergy in two major initiatives
 Diversity 2.0 Program
   Synergy between Marketing & HR
   Recruitment & training strategies according to the
    cultural needs of each locality
   Charitable works to support the community it is in
   Ease of lateral communication without going
    through the hierarchy
   Translating new initiatives into operational results to
    create better integration
Synergy in two major initiatives
 Employee Opinion Surveys
   Culture that believes EOS as a part of “real” work
   Studying how EOS finding effects business statistics
    parameters like Branch Performance to determine
    patterns to guide business interventions
   Configuring HR Strategies like recruitment,
    training, engagement etc. according to EOS
   Two successes
    1. “We Need The Data!”
    2. Response rate increased from 30% to 70%
Integration & Employee commitment
 Employee attitude affects business issues
 Integration of performance rewards,
 compensations etc. with long-term business goals
 Two different approaches to be practiced together
   “Just Do It!”
   Integration mind-set
 “Test & Learn” approach helps to implement
 better
 Performance based culture: Perform well, develop
 & succeed
THANK YOU..


Submitted to: Prof. D. P. Sahoo
        IMT Ghaziabad

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Integration & synergy megagrp1 sbgrp4

  • 1. INTEGRATION & SYNERGY In HR practices of Royal Bank of Canada BY: Sub-Group – 4 Gyanendra Singh (12EX-019) Shishir Jindal (12EX-046) Madhumanti Samaddar (12EX-023) Arijit Majumder (12EX-0**) Shishir Jain (12EX-045) Somnath Manna (12EX-0**)
  • 2. Synergy in RBC  HR and business are tuned to go together Customers are treated as partners Employees are driven through common goals and targets These goals and targets are well set to achieve long-term goals through short-term achievements Fundamental sources of alignment are Leadership, Culture and Values
  • 3. Synergy in two major initiatives  Diversity 2.0 Program  Synergy between Marketing & HR  Recruitment & training strategies according to the cultural needs of each locality  Charitable works to support the community it is in  Ease of lateral communication without going through the hierarchy  Translating new initiatives into operational results to create better integration
  • 4. Synergy in two major initiatives  Employee Opinion Surveys  Culture that believes EOS as a part of “real” work  Studying how EOS finding effects business statistics parameters like Branch Performance to determine patterns to guide business interventions  Configuring HR Strategies like recruitment, training, engagement etc. according to EOS  Two successes 1. “We Need The Data!” 2. Response rate increased from 30% to 70%
  • 5. Integration & Employee commitment  Employee attitude affects business issues  Integration of performance rewards, compensations etc. with long-term business goals  Two different approaches to be practiced together  “Just Do It!”  Integration mind-set  “Test & Learn” approach helps to implement better  Performance based culture: Perform well, develop & succeed
  • 6. THANK YOU.. Submitted to: Prof. D. P. Sahoo IMT Ghaziabad