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RANBAXY LABORATORIES LTD.

INDIA
Mission : To Become a Research-
Based International Pharmaceutical
Company
Main Functions Of The Company
• Achieving maximum customer satisfaction
• Provide products & services of highest quality
• Practice dignity & equity in relationship & provide
opportunities for employees to realize their full potential
• Ensure profitable growth & enhance wealth of shareholders
• Foster mutually beneficial relations with all our business
partners
• Manage the operations with high concern for safety &
environment
• Be a responsible corporate citizen
Vision 2012
• Achieve Significant Business in Proprietary
Prescription Products By 2012 with a Strong
Presence in developed Markets
• Ranbaxy Laboratories Limited one of the leading public
sector undertakings, has successfully implemented its
Human Resource Management programme and has achieved
worthwhile results.
• The basic principle of Human Resource Management
philosophy is the belief in:
• (i) human resources; and its development;
• (ii) optimum utilization of human resources; and
• (iii) a harmonious balance between business strategy and
Human Resource Management strategy i.e., strategic
planning and FIRM should go hand in hand.
Significance of Human Resource Management
Process to the Functioning of RANBAXY Company

• Human Resources are the most important assets


in the organization.
• Unlike other resources, human resources can be
developed and increased to an unlimited extent.
• • To-day's better trained and better educated
managers’ have stressed the emergence of new
work values where they have more opportunities
to make contribution and to be recognized.
Contd :

• • A healthy climate, characterized by the values of openness,


enthusiasm, trust, mutuality and collaboration is essential for
developing human resources.
• Human Resource Management can be planned and managed in
ways that are beneficial both to the individual and organization.
• Employees feel committed to their work and organization if the
organization perpetuates a feeling of belongingness.
• Employees are likely to have this feeling of the organisation if it
provides for their basic needs and for their higher needs through
appropriate management styles and systems.
• Employee commitment is increased with opportunity to discover
and use one’s capabilities and potential in one’s work.
Key Activities of Human Resource
Management System
• Job analysis
• Organization, utilization, and maintenance of
a company's work force
• Performance appraisal
• Reward systems
• Employee development and training
Roles & Responsibilities of H.R Manager
- Supervise and manage the overall performance of staff in his
department.
- Analyzing, reporting, giving recommendations and developing
strategies on how to improve quality and quantity.
- Achieve business and organization goals, visions and objectives
- Involved in employee selection, career development, succession
planning and periodic training
- Working out compensations and rewards
- Responsible for the growth and increase in the organizations'
finances and earnings
- Identifying problems, creating choices and providing alternatives
courses of actions
• As an employee sponsor or advocate, the HR
manager plays an integral role in
organizational success via his knowledge
about and advocacy of people. This advocacy
includes expertise in how to create a work
environment in which people will choose to
be motivated, contributing, and happy.

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