This document outlines a proposed HR strategy and plan for Polaris. It aims to assess the current state of the HR function, address stakeholders' expectations, and formulate an HR strategy. The presentation path includes discussing stakeholders' expectations, performing a SWOT analysis, outlining the HR strategy, and presenting the HR forward plan. The plan is divided into two phases. Phase 1 focuses on integrating and standardizing recruitment, addressing outstanding issues from a prior Hewitt exercise, structuring training programs, modifying performance management, and developing workplace engagement initiatives. Phase 2 focuses on talent identification, succession planning, career planning, assessment centers, and optimizing resource utilization.
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HR Plan For Polaris2005
This document outlines a proposed HR strategy and plan for Polaris. It aims to assess the current state of the HR function, address stakeholders' expectations, and formulate an HR strategy. The presentation path includes discussing stakeholders' expectations, performing a SWOT analysis, outlining the HR strategy, and presenting the HR forward plan. The plan is divided into two phases. Phase 1 focuses on integrating and standardizing recruitment, addressing outstanding issues from a prior Hewitt exercise, structuring training programs, modifying performance management, and developing workplace engagement initiatives. Phase 2 focuses on talent identification, succession planning, career planning, assessment centers, and optimizing resource utilization.
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HR Function review and a
Blue Print for action 2005
.. Some thoughts.. 2 Purpose 1. To assess the current status of HR function in Polaris 2. To formulate a strategy HR plan
3 Presentation path 1. Stakeholders expectation 2. SWOT 3. HR strategy 4. HR forward plan 4 Stake holders expectation.. Top Management: Ensure optimum utilisation of human resources Co should have the good HR practices in the industry and should be a preferred employer of choice Ensure retention of talent To facilitate succession planning and career planning SECs: Provide manpower at the right time with the right skill Minimise recruitment lead time and cost HR to ensure two communication with the Associates and provide inputs for building the workplace HR to ensure a structured framework for training and development of Associates
5 Associates: Resolve their grievances and issues expeditiously HR to play an active role in making their workplace a good place to work. Policies and procedures should be employee oriented HR to ensure fairplay To facilitate a structured approach to career planning ..Stake holders expectation 6 SWOT on HR Function in Polaris.. Strengths : Good talent available in house with experience Basics are in place Good employee recognition schemes in place-GEMs, Konarks scheme, Team excellence, Stream outing etc Good image built of Nalanda as Corporate University Weaknesses : HR is fractured as SEC HR and Corporate HR and the relationship is more of personal liaison and informal Like other corporate functions, no or very low accountability of SEC HR to Corporate HR SEC HR operates more to the dictat of the the respective EG or SEC Heads and interests of Corporate is compromised. Corp HR more of a spectator many at times. Low credibility due to lack of ownership and clarity in initiatives planned through Hewitt. Timelines expired on deliverables announced to Associates in Nov/Dec 2004
7 Opportunities: Good visible support of the Top Management Aura of expectation built on the change process Corporate need to improve performance and productivity
Threats : SEC HR Vs Corporate HR- Me and You attitude rather than We The threat of Operation success and patient died approach and missing the wood for the tree Absence of leadership with Pat leaving and non-HR professionals being brought to provide leadership ( If CFO leaves will Non Finance professionals be brought for managing Finance function) Threat of loosing HR Talent ..SWOT on HR Function in Polaris 8 Polaris HR priorities Need to enunciate a HR philosophy Vision and MISSION Need to articulate the picture of How HR function should look or be in 2/3 years time and define the path ,milestones and responsibilities for the journey Subject to iteration, the following could a two phased agenda Phase 1 Recruitment- Integrate and synergise Hewitt exercise-quick focus on role clarification, compensation structure-to adhere to stated committments Training structured training for executive development and leadership development Performance Management-modify the system to address issues Program for strengthening the work place-to facilitate greater motivation and retention Associate handbook on line Map all HR processes and standardise across the Company
9 Phase 2 Identify the top 20% of Talent from Non-Konark population Succession planning upto EG Head Level and later upto PM level Career planning for all Konarks and top 20 % of the remaining population Assessment Centre for the senior management to ensure better Person role FIT Review under employment and channelise for higher value addition to Business
Polaris HR priorities 10 Phase 1 RECRUITMENT-Issues for addressal
Absence of data base of candidates Many recruiters chasing the same skill/ person Integration with an RMG function could ensure better utilisation of internal resources Scope for standardisation of the process and standards Fit anomalies due to fitment by different SECs
11 TRAINING : Training highly focussed on specifc technical skills-to continue A structured 3 Tier programs with following focus on soft skills Execution skills at Junior level People management and leadership skills at Lead/ PM level Senior Leadership Development at PD level
Recast the structure of Nalanda Need for strengthening faculty-by direct and Association
Phase 1 12 HEWITT Initiative : Publicised timelines have not been adhered-credibility issue Role clarification of an Associates role as similar positions have different responsibilities sets-need for customised roll out?? Compensation structure and banding definition would help in clarification of Fitment Building and strengthening the work place engagement of Associates Noise on appraisal process- need to refine the process
Phase 1 13 Phase 2 To be addressed on specific issues like Phase 1 -to be spelt out Thank You