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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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