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									            PRESENTATION ON



        INNOVATIONS IN HR


                 Presented by :
        Abha Sharma and Tulsi Mudgala
              Second Year,PGDBM


AMBEDKAR INSTITUTE OF MANAGEMENT STUDIES
            VISAKHAPATNAM
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
 practices.

 • To examine and appreciate the
 innovative HR practices.
                 INTRODUCTION
Change is the buzzword today and this has forced for the
    evolution of innovations in every aspect of life.

• IMPORTANCE OF HR

                         Employees
                         satisfaction



                         Customer
                         satisfaction



                       Organizational
                          Success
               CHANGING ROLE OF HR


Old role                         New role
   Personal decisions              Strategic partner

 Record    keeping and file        Line manager

management

 Maintaining    employee data    Hire,   retain, train and
                                 terminate

 Hire,   retain, train and         Employee personal data

terminate                        update

 Command      and control        Training   and development
 FACTORS CONSTITUTING BEST
         PRACTICES
• Communication
• Continuous improvement
• Culture consciousness
• Customer focus and partnering.
• Interdependence
• Risk taking
• Strategy and commitment
• Value focus
      INNOVATIVE HR PRACTICES
           in organizations
   E-RECRUITING
   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
 JOB SHARING
 SHIFT FROM PERFORMANCE APPRAISAL TO
  MANAGEMENT
    -COMPETENCY MAPPING
    -360 DEGREE FEEDBACK
    -ASSESSMENT CENTRES

 VIRTUAL ORGANIZATIONS & TELECOMMUTING
    CR : MOTOROLA

 KNOWLEDGE MANAGEMENT
 CR : Siemens’ Information Communication Network
  (ICN),Infosys and Mckinsey & Co.
 ACCOLADES
  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”


 BENCHMARKING
   ETHICAL TRANSFORMATION IN
    ORGANIZATIONS
    (Open door policy, glass ceiling)
    CR : Infosys & Wipro

   SABBATICAL & HIBERNATION
    CR : Sasken Technologies and Sapient.

   RADIO COMNET
    CR : HCL Comnet

   OUTSOURCING
OTHER PRACTICES

• EDUCATION
  CR: Genpact, NTPC and HCL Comnet.

• CULTURAL PROGRAMMES AND CELEBRATIONS
  CR : Infosys, HCL Comnet and Genpact

•CAFETARIAS
 CR: All the BPOs like HCL, HSBC, Genpact etc.

• MEDICAL FACILITIES
  CR : NTPC
        SUGGESTIONS

 Organizations must shift the focus from
employee satisfaction to employee delight.


 Innovations must be appraised and manage,
thus giving rise to Innovation Management.
                 CONCLUSION
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.

								
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