HR - Transformation

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This presentation shows the path of HR & OD Transformation

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HR Transformation at STEELCO:

HR Transformation at STEELCO Presentation by Mahendra K. SHUKLA A G M : HR & Admin STEELCO GUJARAT LTD GIDC INDUSTRIAL AREA : PALEJ, DIST. BHARUCH

HR Transformation at STEELCO…:

HR Transformation at STEELCO… HR STRATEGY “ T he pattern of planned Human Resource deployment and activities intended to enable the organization to achieve its goal” FOCUS T o provide the organization with sustained competitive advantage through recruitment, induction, development and alingment of people, skills, HR policies etc. Competative advantage might arise from having best people , but also from being best of managing what do you have

HR Transformation at STEELCO…:

HR Transformation at STEELCO… HUMAN CAPITAL CHALLENGES Growing Labour Costs Pervasive Attraction & Retention Challenges Lack of Leadership Bench Strength Rapidly Growing Benefit Costs CHALLENGES TO HR FUNCTION 1. Heavy Competition for Skilled Workforce 2. Overly Focused on Administration 3. Under – equipped to meet the Challenges of the Business 4. Regulatory & Legislative Compliances

HR Transformation at STEELCO…:

HR Transformation at STEELCO… For HRD, this meant we had a long road ahead…. Needed to frame an HR Transformation Process that could get full support from Top Management Quantify the People – related Issues in Financial Terms Build Support ( and Proof) that HRD could ADD Business Value Design and Execute a Process that would address these challenges

HR Transformation at STEELCO :

HR Transformation at STEELCO Business Design for HRD BUSINESS STRATEGY HUMAN CAPITAL STRATEGY How will we Secure, Manage, and Motivate a workforce that can execute the Business strategy ? HR FUNCTION STRATEGY How will we Deliver expected Value and Contribution to the Organization ? HR OPERATING MODEL SOURCING What activities will We do ourselves / have Others do? 2. INFRASTRUCTURE What capabilities are needed to fulfill HRDs Strategy ? 3. GOVERNANCE How will we lead the Function and manage Related Investments? Performance Monitoring & Renewal

HR Transformation at STEELCO…:

HR Transformation at STEELCO… HR FUNCTION STRATEGY Services Programs 2. SERVICE DELIVERY Attracting Talent Training & Grooming Rewarding Contribution Developing Managerial Culture Improving Employer – Employee Relationship Partnering Performance Supports & Enables Mission Imperatives Operating Performance Employee Needs & Interests 1. Identify current HR Function & Process Costs and Resource Allocation , 2 Determine the Human Capital requirements needed to achieve Steelco’s Operational, Financial and Strategic Objectives; 3. Engage Thought Leaders to shape the FUTURE of HRD

HR Transformation at Steelco…:

HR Transformation at Steelco… Using the Potential of People A Plant – wide Initiative to Design & Deploy excellent HRD Strategies & Services which will : Recruit, Retain & Develop Achieve Operational Excellence Fulfill Mission Recruit, Retain & Develop the right Talent Help us achieve Operational Excellence Assure our Success in Fulfilling our Mission

HR Transformation at Steelco …:

HR Transformation at Steelco … Areas of Strategic Emphasis Talent Management : Our competencies, performance management, career development, succession planning, talent mapping 2. Recruitment / Retention / Development Getting the best people with the best fit for Steelco, and keeping them engaged and productive, learning & development Total Rewards : Our compensation (Pay ), benefit and recognition programs 4. Service Excellence : Using Technology ( ERP / SAP), Improved HR Processes and a focus on service to meet needs across the plant

HR Transformation at Steelco…:

HR Transformation at Steelco… Operating Model of HRD HOD Plant Administration Industrial Relations/ Staff Welfare/ Liaisoning Talent Management, Performance Management, Learning & Development Time Office including Payroll & Benefits Contract Labour Management Safety, Occupational Health & Environment

HR Transformation at Steelco…:

HR Transformation at Steelco… Benefits of Future Model of HRD HR Strategy aligned with Business Strategy Improved Operating Performance & Quality of Service Consistent, Efficient Development of Core HR Programs, Processes and Policies Right HR Talent at Right Place Role Clarity/ Reduced Job Overlap & Fragmentation Collaborative, Team Driven Model Standard of HR Excellence consistent across all sections Leveraging of Learnings and Best Practices Knowledge

HR Transformation at STEELCO…:

HR Transformation at STEELCO… Some Initiatives in Images

HR Transformation at STEELCO…:

HR Transformation at STEELCO…

HR Transformation at STEELCO…:

HR Transformation at STEELCO…

HR Transformation at STEELCO…:

HR Transformation at STEELCO… Thank you for your valuable time Thank you for your valuable time Thank you for your valuable time

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