INNOVATIONS IN HR
Presented by :
Abha Sharma and Tulsi Mudgala
AMBEDKAR INSTITUTE OF MANAGEMENT STUDIES
PRESENTATION’S LEARNING OBJECTIVE
• To identify the importance of HR
and it’s changing role.
• To analyze factors to be considered
to be considered for designing HR
• To examine and appreciate the
innovative HR practices.
Change is the buzzword today and this has forced for the
evolution of innovations in every aspect of life.
• IMPORTANCE OF HR
CHANGING ROLE OF HR
Old role New role
Personal decisions Strategic partner
Record keeping and file Line manager
Maintaining employee data Hire, retain, train and
Hire, retain, train and Employee personal data
Command and control Training and development
FACTORS CONSTITUTING BEST
• Continuous improvement
• Culture consciousness
• Customer focus and partnering.
• Risk taking
• Strategy and commitment
• Value focus
INNOVATIVE HR PRACTICES
EMPLOYEE REFERAL SCHEME
CR : HSBC , HDFC Bank and IBM.
LEASING AND CONTRACTING OUT
EMPOWERING EMPLOYEES-OWNERSHIP OPTION
CHANGING WORK PARADIGMS
CR : Sasken Technologies
SELF MANAGED TEAMS
SHIFT FROM PERFORMANCE APPRAISAL TO
-360 DEGREE FEEDBACK
VIRTUAL ORGANIZATIONS & TELECOMMUTING
CR : MOTOROLA
CR : Siemens’ Information Communication Network
(ICN),Infosys and Mckinsey & Co.
CR :1. Gillette India’s R3-Recognize, Reward and Rejoice
2. Gillette’s Hall of fame
3. HSBC’s Thanks award and Bright ideas.
FLEXITIME (Compressed workweek)
CR : HSBC, SAPIENT and COVANSYS
CHANGING PAY SYSTEM
CR : HCL Comnet’s “Trust Pay System”
ETHICAL TRANSFORMATION IN
(Open door policy, glass ceiling)
CR : Infosys & Wipro
SABBATICAL & HIBERNATION
CR : Sasken Technologies and Sapient.
CR : HCL Comnet
CR: Genpact, NTPC and HCL Comnet.
• CULTURAL PROGRAMMES AND CELEBRATIONS
CR : Infosys, HCL Comnet and Genpact
CR: All the BPOs like HCL, HSBC, Genpact etc.
• MEDICAL FACILITIES
CR : NTPC
Organizations must shift the focus from
employee satisfaction to employee delight.
Innovations must be appraised and manage,
thus giving rise to Innovation Management.
Employee competency development in the global era is a
challenge that needs practice of innovative HR
interventions-a panacea for survival, growth and
organizational effectiveness. Competition on the other
hand has compelled the organizations to adopt the
innovative HR practices or be ready to founder.
Competitive Advantage for organizations can only be
gained by consistent effort to innovate and create new
ways to achieve their objectives.