SlideShare a Scribd company logo
1 of 27
Download to read offline
A Great Place to Work® - What it
means, what it takes and why is
           it important

  Great Place to Work® Institute, India
GREAT PLACE TO WORK®

 MODEL & FRAMEWORK
A great place to work is one where you

                        Management
 Trust the people you
 work for...                               Trust is the Key
                                           Driver…
                        Employee


            Job                   Other Employees
  ...have pride in what you    ...and enjoy the people you
  do...                        work with


          Relationships are the key…..
                                                  3
And that enables one to



                    Management
   achieve
   organization’s
   objectives

                    Employee


            Job              Other Employees
   ... give their          ... and work together as
   personal best                  a team/family

      in an environment of Trust…..
Essential elements of a Great Place to
Work
                     Two way Communication
  T Credibility       Manager’s Competence
                   Integrity – Reliability of Management
  R                     Professional Support
                           Collaboration
  U Respect             Demonstrated Caring
  S                            Equity
                             Impartiality
  T Fairness                   Justice

                              For the Job
     Pride                  About my Team
                         With the Organization

                       Individuality is valued
                      Welcoming Atmosphere
     Camaraderie
                      Part of something larger
Two employees may have different
  experiences in the same organization…




“ Oh, he is ok if you get on the right side of him”
Two Lenses
Two parameters…

                  Employee Response
                    captures employee
                   experience through an
                    anonymous survey




                  Organization Response
                  captures people practices
                      at the workplace
The best workplaces have effective people
                       practices that support positive employee
                       perception
                       High




                              Good Cultural Foundation       The Best Cultures
Culture Audit© Score




                              Transactional Culture
                                                          Culture promotes trust
                       Low




                              Low                                              High
                                      Trust Index © Score ( Employee Survey)
                                                                           9
Why be a Great Place to Work?
“100 Best” vs. Stock Market 1998-2009
Cumulative Return

     250%               224%

     200%

     150%                                111%

     100%
                                                42%      47%
       50%

         0%
                    "100 Best" "100 Best" S & P 500 Russell 3000
                      Reset Buy and Hold
                     Annually



SOURCE: Russell Investment Group, 2009
“100 Best” vs. Stock Market 1998-2009
    Cumulative Return
                                     Performance of "100 Best“
                                  Cumulative return in percentage terms




                               "100 Best"                 Russell 3000   S&P 500


SOURCE: Russell Investment Group, 2009. Data from Fortune “100 Best”
Voluntary Turnover: India Top 50 vs
    Industry Average
                                                                          17%
         Telecommunications
                                                              13%


                                                                                      21%
   Construction & Real Estate
                                                                 14%


                                                                                19%
        Professional Services
                                                                    14%


                                                              13%
  Manufacturing & Production
                                                  6%


                                                                                      21%
Financial Services & Insurance
                                                                           18%


                             0%             5%         10%      15%             20%         25%

                   Overall Industry 2011                 India Top 50 2011
  *Source – Best Companies to Work For – 2011 study
Are Great Workplaces Great Companies?
11 out of 18 Companies featured in “Built to Last” by Jim Collins also
feature in Great Place to Work® Institute’s 100 Best Companies to work
for in America*

1.Nordstrom
2.Marriott International
3.American Express
4.Merck
5.Procter & Gamble
6. Hewlett-Packard
7.Johnson & Johnson
8.Wal-Mart Stores
9.3M
10.IBM
11.Motorola

        * Published by Fortune magazine in US
THE JOURNEY…
Roadmap to become a Great Place to Work
Our Methodology

Institutionalize- Building the Roof
          Employer Brand




          Building the Pillars
 Building People Manager Competencies




 Strengthening the Foundation
     Building Key Differentiators

    Laying the Foundation
        People Philosophy



                        ©2010 Great Place to Work® Institute, India. All Rights Reserved
Phase 1: Building the Foundation -
Articulating a People Philosophy


• A clear understanding of how their people are linked to
  their business.

• If the leadership team does not have clarity in this area then
  this is the starting point.
FedEx : P-S-P
Phase 2 : Strengthening the
 foundation
The “differentiators” in a great workplace:
       Equity               Reliability



       Impartiality                    Caring
Phase 3 – Building the Pillars – creating
   great people managers
                   People Practices
                                        HR Processes
               1.Hiring
                                        •Recruitment
               2.Welcoming              •Induction
               3.Inspiring              •Performance Management
               4.Speaking               •Employee Communication
               5.Listening              •Training
               6.Collaborating          •Rewards and Recognition
Employee       7.Redressing             •Talent Management
Experience     8.Thanking
               9.Developing
               10.Balancing (Caring)    Manager’s Competence
               11.Supporting (Caring)
               12.Including (Caring)    •Employee engagement
                                        •Communication
               13.Celebrating &
                                        •Goal setting and Feedback
               Enjoying                 •Coaching skills
               14.Rewarding             •Appreciation and
               (Sharing)                Recognition
               15.Contributing          •Quality management
               (Sharing)                •Conflict resolution
What is missing in current modes of
training?

1. Only focuses on skill building
2. Absence of practical tools and techniques to drive
   change
3. Not clearly measurable in terms of improvement in
   workgroup results
4. No focus on managers actions around people
   practices
5. Inadequate follow up mechanisms to ensure
   change

23
The Giftwork for Managers
             Proposition



             INFORM

Employee Survey
Manager Scorecards


                          EQUIP




                                           EMPOWER

                                  Recognize the best managers

     24
The Giftwork for Managers
        Proposition
 Enable managers to assume responsibility for
  making change
 Develop managers’ skills to create trust-based,
  high-performing teams
 Increase the rate of successful implementation of
  programs, policies, and practices by teaching
  managers how to successfully present them to
  employees
 Reduce the risk of low morale and low productivity
  by giving managers the tools to lead, inspire and
  motivate
  25
Putting the roof – articulating and
institutionalizing your employer brand/
employee value proposition

Factors have a disproportionate impact on overall employee
sentiment in an organization.

1. Attracting talent for key positions - People want to
   associate themselves with outstanding talent.

2. Equity – Less visible hierarchy, More egalitarian spirit
   and More equitable power distribution

3. Creating a fun place to work – A young India and a
   young workforce want to enjoy their work life and their
   time at work.
India’s Best Companies 2011
To participate in India’s Best
 Companies to Work For – 2012 Study
Register at www.greatplacetowork.in
             Or, write to
     greatplace@greatplace.in

More Related Content

What's hot

An analysis of Ulrich's HR Model
An analysis of Ulrich's HR ModelAn analysis of Ulrich's HR Model
An analysis of Ulrich's HR Modelpuresona24k
 
Glass Ceiling
Glass CeilingGlass Ceiling
Glass CeilingDeepak
 
21st Century Talent Management: Imperatives for 2014 and 2015
21st Century Talent Management: Imperatives for 2014 and 201521st Century Talent Management: Imperatives for 2014 and 2015
21st Century Talent Management: Imperatives for 2014 and 2015Josh Bersin
 
Concept of Organizational Behaviour
Concept of Organizational Behaviour Concept of Organizational Behaviour
Concept of Organizational Behaviour Abin Bamrel
 
Performance management in airtel
Performance management in airtelPerformance management in airtel
Performance management in airtelHari Thirumal
 
The new look of workforce diversity final version
The new look of workforce diversity final versionThe new look of workforce diversity final version
The new look of workforce diversity final versionCecily Rodriguez
 
Employee Engagement - Engagement Group
Employee Engagement - Engagement GroupEmployee Engagement - Engagement Group
Employee Engagement - Engagement GroupClaus Aasholm
 
Employee engagement
Employee engagementEmployee engagement
Employee engagementPuneet Arora
 
International HRM – Staffing Approaches
International HRM – Staffing ApproachesInternational HRM – Staffing Approaches
International HRM – Staffing ApproachesOnicEdu
 
23809590 performance-appraisal-at-wipro
23809590 performance-appraisal-at-wipro23809590 performance-appraisal-at-wipro
23809590 performance-appraisal-at-wiproYogesh Jadhav
 
Culture Code: Creating A Lovable Company
Culture Code: Creating A Lovable CompanyCulture Code: Creating A Lovable Company
Culture Code: Creating A Lovable CompanyHubSpot
 
Project report on competancy mapping
Project report on competancy mappingProject report on competancy mapping
Project report on competancy mappingProjects Kart
 
Workplace Engagement Survey - Presentation
Workplace Engagement Survey - PresentationWorkplace Engagement Survey - Presentation
Workplace Engagement Survey - PresentationKestly Development
 
Learning-and-Development-trends-and-challenges.pptx
Learning-and-Development-trends-and-challenges.pptxLearning-and-Development-trends-and-challenges.pptx
Learning-and-Development-trends-and-challenges.pptxjarelle2
 
Project report on_importance_of_recruitment_and_selection_process
Project report on_importance_of_recruitment_and_selection_processProject report on_importance_of_recruitment_and_selection_process
Project report on_importance_of_recruitment_and_selection_processdishasalian12
 

What's hot (20)

An analysis of Ulrich's HR Model
An analysis of Ulrich's HR ModelAn analysis of Ulrich's HR Model
An analysis of Ulrich's HR Model
 
Employee Engagement
Employee EngagementEmployee Engagement
Employee Engagement
 
Glass Ceiling
Glass CeilingGlass Ceiling
Glass Ceiling
 
21st Century Talent Management: Imperatives for 2014 and 2015
21st Century Talent Management: Imperatives for 2014 and 201521st Century Talent Management: Imperatives for 2014 and 2015
21st Century Talent Management: Imperatives for 2014 and 2015
 
Concept of Organizational Behaviour
Concept of Organizational Behaviour Concept of Organizational Behaviour
Concept of Organizational Behaviour
 
Performance management in airtel
Performance management in airtelPerformance management in airtel
Performance management in airtel
 
The new look of workforce diversity final version
The new look of workforce diversity final versionThe new look of workforce diversity final version
The new look of workforce diversity final version
 
Hr practices in tcs
Hr practices in tcsHr practices in tcs
Hr practices in tcs
 
Employee Engagement - Engagement Group
Employee Engagement - Engagement GroupEmployee Engagement - Engagement Group
Employee Engagement - Engagement Group
 
Accenture-HRM
Accenture-HRMAccenture-HRM
Accenture-HRM
 
Employee engagement
Employee engagementEmployee engagement
Employee engagement
 
Employee Engagement
Employee Engagement Employee Engagement
Employee Engagement
 
International HRM – Staffing Approaches
International HRM – Staffing ApproachesInternational HRM – Staffing Approaches
International HRM – Staffing Approaches
 
23809590 performance-appraisal-at-wipro
23809590 performance-appraisal-at-wipro23809590 performance-appraisal-at-wipro
23809590 performance-appraisal-at-wipro
 
Culture Code: Creating A Lovable Company
Culture Code: Creating A Lovable CompanyCulture Code: Creating A Lovable Company
Culture Code: Creating A Lovable Company
 
Project report on competancy mapping
Project report on competancy mappingProject report on competancy mapping
Project report on competancy mapping
 
Workplace Engagement Survey - Presentation
Workplace Engagement Survey - PresentationWorkplace Engagement Survey - Presentation
Workplace Engagement Survey - Presentation
 
Basic Dimensions in organizations
Basic Dimensions in organizationsBasic Dimensions in organizations
Basic Dimensions in organizations
 
Learning-and-Development-trends-and-challenges.pptx
Learning-and-Development-trends-and-challenges.pptxLearning-and-Development-trends-and-challenges.pptx
Learning-and-Development-trends-and-challenges.pptx
 
Project report on_importance_of_recruitment_and_selection_process
Project report on_importance_of_recruitment_and_selection_processProject report on_importance_of_recruitment_and_selection_process
Project report on_importance_of_recruitment_and_selection_process
 

Similar to Making a Great Place to Work- Hyderabad Conference- October, 2011

2010study Brochure
2010study Brochure2010study Brochure
2010study Brochurealokrana28
 
2010 study Brochure
2010 study Brochure2010 study Brochure
2010 study Brochurealokrana
 
Maintaining A Positive Culture In Difficult Times
Maintaining A Positive Culture In Difficult TimesMaintaining A Positive Culture In Difficult Times
Maintaining A Positive Culture In Difficult TimesSteve Mitchinson
 
The talent report a measured approach to improving workplace productivity
The talent report   a measured approach to improving workplace productivity The talent report   a measured approach to improving workplace productivity
The talent report a measured approach to improving workplace productivity Jason Buchanan
 
Randstad International report may 2011
Randstad International report may 2011Randstad International report may 2011
Randstad International report may 2011Randstad Chile
 
Improve Employee Engagement Generic
Improve Employee Engagement GenericImprove Employee Engagement Generic
Improve Employee Engagement GenericSteve Mitchinson
 
Rethinking Company Resources
Rethinking Company ResourcesRethinking Company Resources
Rethinking Company ResourcesProfiles Asia
 
The Transformative Power of Talent Brand | Webcast
The Transformative Power of Talent Brand | WebcastThe Transformative Power of Talent Brand | Webcast
The Transformative Power of Talent Brand | WebcastLinkedIn Talent Solutions
 
Tranformational power of employer brand
Tranformational power of employer brandTranformational power of employer brand
Tranformational power of employer brandBarbara Gilleran
 
Employer brand playbook
Employer brand playbookEmployer brand playbook
Employer brand playbookKenny Mulcahy
 
Five Steps to Delivering a Competency-Based Development Plan
Five Steps to Delivering a Competency-Based Development PlanFive Steps to Delivering a Competency-Based Development Plan
Five Steps to Delivering a Competency-Based Development PlanHuman Capital Media
 
Developing People Managers- Make My Trip: Managing GenY
Developing People Managers- Make My Trip: Managing GenYDeveloping People Managers- Make My Trip: Managing GenY
Developing People Managers- Make My Trip: Managing GenYBest Workplaces Conference
 
Employer Brand Playbook
Employer Brand PlaybookEmployer Brand Playbook
Employer Brand PlaybookMike Heslin
 
Kaizer Employee Engagement
Kaizer Employee EngagementKaizer Employee Engagement
Kaizer Employee EngagementMitaT
 
Kenexa attracting retaining and engaging technology talent
Kenexa attracting retaining and engaging technology talentKenexa attracting retaining and engaging technology talent
Kenexa attracting retaining and engaging technology talentOmni HR Consulting
 
Vijay Anand - Intuit India. Best Workplaces Conference- August 2012
Vijay Anand - Intuit India. Best Workplaces Conference- August 2012Vijay Anand - Intuit India. Best Workplaces Conference- August 2012
Vijay Anand - Intuit India. Best Workplaces Conference- August 2012Best Workplaces Conference
 
Proven Steps in Hiring and Retaining The Right People
Proven Steps in Hiring and Retaining The Right PeopleProven Steps in Hiring and Retaining The Right People
Proven Steps in Hiring and Retaining The Right PeopleProfiles Asia
 

Similar to Making a Great Place to Work- Hyderabad Conference- October, 2011 (20)

2010study Brochure
2010study Brochure2010study Brochure
2010study Brochure
 
2010 study Brochure
2010 study Brochure2010 study Brochure
2010 study Brochure
 
Maintaining A Positive Culture In Difficult Times
Maintaining A Positive Culture In Difficult TimesMaintaining A Positive Culture In Difficult Times
Maintaining A Positive Culture In Difficult Times
 
The talent report a measured approach to improving workplace productivity
The talent report   a measured approach to improving workplace productivity The talent report   a measured approach to improving workplace productivity
The talent report a measured approach to improving workplace productivity
 
Creating Learning Performance
Creating Learning PerformanceCreating Learning Performance
Creating Learning Performance
 
Randstad International report may 2011
Randstad International report may 2011Randstad International report may 2011
Randstad International report may 2011
 
Improve Employee Engagement Generic
Improve Employee Engagement GenericImprove Employee Engagement Generic
Improve Employee Engagement Generic
 
Rethinking Company Resources
Rethinking Company ResourcesRethinking Company Resources
Rethinking Company Resources
 
The Transformative Power of Talent Brand | Webcast
The Transformative Power of Talent Brand | WebcastThe Transformative Power of Talent Brand | Webcast
The Transformative Power of Talent Brand | Webcast
 
Tranformational power of employer brand
Tranformational power of employer brandTranformational power of employer brand
Tranformational power of employer brand
 
Employer brand playbook
Employer brand playbookEmployer brand playbook
Employer brand playbook
 
Five Steps to Delivering a Competency-Based Development Plan
Five Steps to Delivering a Competency-Based Development PlanFive Steps to Delivering a Competency-Based Development Plan
Five Steps to Delivering a Competency-Based Development Plan
 
Developing People Managers- Make My Trip: Managing GenY
Developing People Managers- Make My Trip: Managing GenYDeveloping People Managers- Make My Trip: Managing GenY
Developing People Managers- Make My Trip: Managing GenY
 
Employer Brand Playbook
Employer Brand PlaybookEmployer Brand Playbook
Employer Brand Playbook
 
FCN January 2012 Webinar Handout For Posting
FCN January 2012 Webinar Handout For PostingFCN January 2012 Webinar Handout For Posting
FCN January 2012 Webinar Handout For Posting
 
Kaizer Employee Engagement
Kaizer Employee EngagementKaizer Employee Engagement
Kaizer Employee Engagement
 
Kenexa attracting retaining and engaging technology talent
Kenexa attracting retaining and engaging technology talentKenexa attracting retaining and engaging technology talent
Kenexa attracting retaining and engaging technology talent
 
Vijay Anand - Intuit India. Best Workplaces Conference- August 2012
Vijay Anand - Intuit India. Best Workplaces Conference- August 2012Vijay Anand - Intuit India. Best Workplaces Conference- August 2012
Vijay Anand - Intuit India. Best Workplaces Conference- August 2012
 
Proven Steps in Hiring and Retaining The Right People
Proven Steps in Hiring and Retaining The Right PeopleProven Steps in Hiring and Retaining The Right People
Proven Steps in Hiring and Retaining The Right People
 
Dave Fleck and Associates; Company Brochure
Dave Fleck and Associates; Company BrochureDave Fleck and Associates; Company Brochure
Dave Fleck and Associates; Company Brochure
 

More from Best Workplaces Conference

Make My Trip- Case study presentation #2- Best Workplaces Conferences- August...
Make My Trip- Case study presentation #2- Best Workplaces Conferences- August...Make My Trip- Case study presentation #2- Best Workplaces Conferences- August...
Make My Trip- Case study presentation #2- Best Workplaces Conferences- August...Best Workplaces Conference
 
Mindtree case study presentation- Best Workplaces Conferece
Mindtree case study presentation- Best Workplaces ConfereceMindtree case study presentation- Best Workplaces Conferece
Mindtree case study presentation- Best Workplaces ConfereceBest Workplaces Conference
 
Sanjay Rishi - Ceo Speak - Best Workplaces Conference August 2012
Sanjay Rishi - Ceo Speak - Best Workplaces Conference August 2012Sanjay Rishi - Ceo Speak - Best Workplaces Conference August 2012
Sanjay Rishi - Ceo Speak - Best Workplaces Conference August 2012Best Workplaces Conference
 
V. R. Ferose - Managing Director, SAP Labs India- Best Workplaces Conference,...
V. R. Ferose - Managing Director, SAP Labs India- Best Workplaces Conference,...V. R. Ferose - Managing Director, SAP Labs India- Best Workplaces Conference,...
V. R. Ferose - Managing Director, SAP Labs India- Best Workplaces Conference,...Best Workplaces Conference
 
Make My Trip Case Study Presentation- Mumbai, August 2012
Make My Trip Case Study Presentation- Mumbai, August 2012Make My Trip Case Study Presentation- Mumbai, August 2012
Make My Trip Case Study Presentation- Mumbai, August 2012Best Workplaces Conference
 
Samit Ghosh on ' How creating a Great Workplace' has changed him - Mumbai, Au...
Samit Ghosh on ' How creating a Great Workplace' has changed him - Mumbai, Au...Samit Ghosh on ' How creating a Great Workplace' has changed him - Mumbai, Au...
Samit Ghosh on ' How creating a Great Workplace' has changed him - Mumbai, Au...Best Workplaces Conference
 
Qualcomm- Case Study presentation, Mumbai August 2012
Qualcomm- Case Study presentation, Mumbai August 2012Qualcomm- Case Study presentation, Mumbai August 2012
Qualcomm- Case Study presentation, Mumbai August 2012Best Workplaces Conference
 
TPG Software (erstwhile Brickred Technologies)
TPG Software (erstwhile Brickred Technologies)TPG Software (erstwhile Brickred Technologies)
TPG Software (erstwhile Brickred Technologies)Best Workplaces Conference
 

More from Best Workplaces Conference (20)

Make My Trip- Case study presentation #2- Best Workplaces Conferences- August...
Make My Trip- Case study presentation #2- Best Workplaces Conferences- August...Make My Trip- Case study presentation #2- Best Workplaces Conferences- August...
Make My Trip- Case study presentation #2- Best Workplaces Conferences- August...
 
Mindtree case study presentation- Best Workplaces Conferece
Mindtree case study presentation- Best Workplaces ConfereceMindtree case study presentation- Best Workplaces Conferece
Mindtree case study presentation- Best Workplaces Conferece
 
Sanjay Rishi - Ceo Speak - Best Workplaces Conference August 2012
Sanjay Rishi - Ceo Speak - Best Workplaces Conference August 2012Sanjay Rishi - Ceo Speak - Best Workplaces Conference August 2012
Sanjay Rishi - Ceo Speak - Best Workplaces Conference August 2012
 
V. R. Ferose - Managing Director, SAP Labs India- Best Workplaces Conference,...
V. R. Ferose - Managing Director, SAP Labs India- Best Workplaces Conference,...V. R. Ferose - Managing Director, SAP Labs India- Best Workplaces Conference,...
V. R. Ferose - Managing Director, SAP Labs India- Best Workplaces Conference,...
 
Make my trip, final, bd version
Make my trip, final, bd versionMake my trip, final, bd version
Make my trip, final, bd version
 
My story as ceo (ajay kaul)
My story as ceo (ajay kaul)My story as ceo (ajay kaul)
My story as ceo (ajay kaul)
 
Patu Keswani - Founder, Lemon Tree Hotels
Patu Keswani - Founder, Lemon Tree HotelsPatu Keswani - Founder, Lemon Tree Hotels
Patu Keswani - Founder, Lemon Tree Hotels
 
Godrej Industries - August 2012
Godrej Industries - August 2012Godrej Industries - August 2012
Godrej Industries - August 2012
 
Arvind Brands and Retail- August 2012
Arvind Brands and Retail- August 2012Arvind Brands and Retail- August 2012
Arvind Brands and Retail- August 2012
 
Make My Trip Case Study Presentation- Mumbai, August 2012
Make My Trip Case Study Presentation- Mumbai, August 2012Make My Trip Case Study Presentation- Mumbai, August 2012
Make My Trip Case Study Presentation- Mumbai, August 2012
 
Samit Ghosh on ' How creating a Great Workplace' has changed him - Mumbai, Au...
Samit Ghosh on ' How creating a Great Workplace' has changed him - Mumbai, Au...Samit Ghosh on ' How creating a Great Workplace' has changed him - Mumbai, Au...
Samit Ghosh on ' How creating a Great Workplace' has changed him - Mumbai, Au...
 
Qualcomm- Case Study presentation, Mumbai August 2012
Qualcomm- Case Study presentation, Mumbai August 2012Qualcomm- Case Study presentation, Mumbai August 2012
Qualcomm- Case Study presentation, Mumbai August 2012
 
TPG Software- Rewards and Recognition
TPG Software- Rewards and RecognitionTPG Software- Rewards and Recognition
TPG Software- Rewards and Recognition
 
Aditi Technologies
Aditi TechnologiesAditi Technologies
Aditi Technologies
 
Sap labs
Sap labsSap labs
Sap labs
 
American Express
American ExpressAmerican Express
American Express
 
TPG Software (erstwhile Brickred Technologies)
TPG Software (erstwhile Brickred Technologies)TPG Software (erstwhile Brickred Technologies)
TPG Software (erstwhile Brickred Technologies)
 
Reliance Commercial Finance
Reliance Commercial FinanceReliance Commercial Finance
Reliance Commercial Finance
 
Music Broadcast- Radio City
Music Broadcast- Radio CityMusic Broadcast- Radio City
Music Broadcast- Radio City
 
JM Financial Services
JM Financial ServicesJM Financial Services
JM Financial Services
 

Recently uploaded

Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckPitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckHajeJanKamps
 
8447779800, Low rate Call girls in Dwarka mor Delhi NCR
8447779800, Low rate Call girls in Dwarka mor Delhi NCR8447779800, Low rate Call girls in Dwarka mor Delhi NCR
8447779800, Low rate Call girls in Dwarka mor Delhi NCRashishs7044
 
Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03DallasHaselhorst
 
Market Sizes Sample Report - 2024 Edition
Market Sizes Sample Report - 2024 EditionMarket Sizes Sample Report - 2024 Edition
Market Sizes Sample Report - 2024 EditionMintel Group
 
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptxThe-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptxmbikashkanyari
 
Annual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesAnnual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesKeppelCorporation
 
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort ServiceCall US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Servicecallgirls2057
 
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607dollysharma2066
 
Chapter 9 PPT 4th edition.pdf internal audit
Chapter 9 PPT 4th edition.pdf internal auditChapter 9 PPT 4th edition.pdf internal audit
Chapter 9 PPT 4th edition.pdf internal auditNhtLNguyn9
 
Memorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMMemorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMVoces Mineras
 
Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Seta Wicaksana
 
Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737Riya Pathan
 
Investment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy CheruiyotInvestment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy Cheruiyotictsugar
 
8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCRashishs7044
 
PB Project 1: Exploring Your Personal Brand
PB Project 1: Exploring Your Personal BrandPB Project 1: Exploring Your Personal Brand
PB Project 1: Exploring Your Personal BrandSharisaBethune
 
Darshan Hiranandani [News About Next CEO].pdf
Darshan Hiranandani [News About Next CEO].pdfDarshan Hiranandani [News About Next CEO].pdf
Darshan Hiranandani [News About Next CEO].pdfShashank Mehta
 

Recently uploaded (20)

Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckPitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
 
8447779800, Low rate Call girls in Dwarka mor Delhi NCR
8447779800, Low rate Call girls in Dwarka mor Delhi NCR8447779800, Low rate Call girls in Dwarka mor Delhi NCR
8447779800, Low rate Call girls in Dwarka mor Delhi NCR
 
Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03
 
Market Sizes Sample Report - 2024 Edition
Market Sizes Sample Report - 2024 EditionMarket Sizes Sample Report - 2024 Edition
Market Sizes Sample Report - 2024 Edition
 
Call Us ➥9319373153▻Call Girls In North Goa
Call Us ➥9319373153▻Call Girls In North GoaCall Us ➥9319373153▻Call Girls In North Goa
Call Us ➥9319373153▻Call Girls In North Goa
 
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptxThe-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
 
Enjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCR
Enjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCREnjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCR
Enjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCR
 
Annual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesAnnual General Meeting Presentation Slides
Annual General Meeting Presentation Slides
 
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort ServiceCall US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
 
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
 
Chapter 9 PPT 4th edition.pdf internal audit
Chapter 9 PPT 4th edition.pdf internal auditChapter 9 PPT 4th edition.pdf internal audit
Chapter 9 PPT 4th edition.pdf internal audit
 
Memorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMMemorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQM
 
Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...
 
Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737
 
Investment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy CheruiyotInvestment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy Cheruiyot
 
8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR
 
Japan IT Week 2024 Brochure by 47Billion (English)
Japan IT Week 2024 Brochure by 47Billion (English)Japan IT Week 2024 Brochure by 47Billion (English)
Japan IT Week 2024 Brochure by 47Billion (English)
 
PB Project 1: Exploring Your Personal Brand
PB Project 1: Exploring Your Personal BrandPB Project 1: Exploring Your Personal Brand
PB Project 1: Exploring Your Personal Brand
 
No-1 Call Girls In Goa 93193 VIP 73153 Escort service In North Goa Panaji, Ca...
No-1 Call Girls In Goa 93193 VIP 73153 Escort service In North Goa Panaji, Ca...No-1 Call Girls In Goa 93193 VIP 73153 Escort service In North Goa Panaji, Ca...
No-1 Call Girls In Goa 93193 VIP 73153 Escort service In North Goa Panaji, Ca...
 
Darshan Hiranandani [News About Next CEO].pdf
Darshan Hiranandani [News About Next CEO].pdfDarshan Hiranandani [News About Next CEO].pdf
Darshan Hiranandani [News About Next CEO].pdf
 

Making a Great Place to Work- Hyderabad Conference- October, 2011

  • 1. A Great Place to Work® - What it means, what it takes and why is it important Great Place to Work® Institute, India
  • 2. GREAT PLACE TO WORK® MODEL & FRAMEWORK
  • 3. A great place to work is one where you Management Trust the people you work for... Trust is the Key Driver… Employee Job Other Employees ...have pride in what you ...and enjoy the people you do... work with Relationships are the key….. 3
  • 4. And that enables one to Management achieve organization’s objectives Employee Job Other Employees ... give their ... and work together as personal best a team/family in an environment of Trust…..
  • 5. Essential elements of a Great Place to Work Two way Communication T Credibility Manager’s Competence Integrity – Reliability of Management R Professional Support Collaboration U Respect Demonstrated Caring S Equity Impartiality T Fairness Justice For the Job Pride About my Team With the Organization Individuality is valued Welcoming Atmosphere Camaraderie Part of something larger
  • 6. Two employees may have different experiences in the same organization… “ Oh, he is ok if you get on the right side of him”
  • 8. Two parameters… Employee Response captures employee experience through an anonymous survey Organization Response captures people practices at the workplace
  • 9. The best workplaces have effective people practices that support positive employee perception High Good Cultural Foundation The Best Cultures Culture Audit© Score Transactional Culture Culture promotes trust Low Low High Trust Index © Score ( Employee Survey) 9
  • 10. Why be a Great Place to Work?
  • 11. “100 Best” vs. Stock Market 1998-2009 Cumulative Return 250% 224% 200% 150% 111% 100% 42% 47% 50% 0% "100 Best" "100 Best" S & P 500 Russell 3000 Reset Buy and Hold Annually SOURCE: Russell Investment Group, 2009
  • 12. “100 Best” vs. Stock Market 1998-2009 Cumulative Return Performance of "100 Best“ Cumulative return in percentage terms "100 Best" Russell 3000 S&P 500 SOURCE: Russell Investment Group, 2009. Data from Fortune “100 Best”
  • 13. Voluntary Turnover: India Top 50 vs Industry Average 17% Telecommunications 13% 21% Construction & Real Estate 14% 19% Professional Services 14% 13% Manufacturing & Production 6% 21% Financial Services & Insurance 18% 0% 5% 10% 15% 20% 25% Overall Industry 2011 India Top 50 2011 *Source – Best Companies to Work For – 2011 study
  • 14. Are Great Workplaces Great Companies? 11 out of 18 Companies featured in “Built to Last” by Jim Collins also feature in Great Place to Work® Institute’s 100 Best Companies to work for in America* 1.Nordstrom 2.Marriott International 3.American Express 4.Merck 5.Procter & Gamble 6. Hewlett-Packard 7.Johnson & Johnson 8.Wal-Mart Stores 9.3M 10.IBM 11.Motorola * Published by Fortune magazine in US
  • 15. THE JOURNEY… Roadmap to become a Great Place to Work
  • 16. Our Methodology Institutionalize- Building the Roof Employer Brand Building the Pillars Building People Manager Competencies Strengthening the Foundation Building Key Differentiators Laying the Foundation People Philosophy ©2010 Great Place to Work® Institute, India. All Rights Reserved
  • 17. Phase 1: Building the Foundation - Articulating a People Philosophy • A clear understanding of how their people are linked to their business. • If the leadership team does not have clarity in this area then this is the starting point.
  • 19.
  • 20. Phase 2 : Strengthening the foundation The “differentiators” in a great workplace: Equity Reliability Impartiality Caring
  • 21. Phase 3 – Building the Pillars – creating great people managers People Practices HR Processes 1.Hiring •Recruitment 2.Welcoming •Induction 3.Inspiring •Performance Management 4.Speaking •Employee Communication 5.Listening •Training 6.Collaborating •Rewards and Recognition Employee 7.Redressing •Talent Management Experience 8.Thanking 9.Developing 10.Balancing (Caring) Manager’s Competence 11.Supporting (Caring) 12.Including (Caring) •Employee engagement •Communication 13.Celebrating & •Goal setting and Feedback Enjoying •Coaching skills 14.Rewarding •Appreciation and (Sharing) Recognition 15.Contributing •Quality management (Sharing) •Conflict resolution
  • 22. What is missing in current modes of training? 1. Only focuses on skill building 2. Absence of practical tools and techniques to drive change 3. Not clearly measurable in terms of improvement in workgroup results 4. No focus on managers actions around people practices 5. Inadequate follow up mechanisms to ensure change 23
  • 23. The Giftwork for Managers Proposition INFORM Employee Survey Manager Scorecards EQUIP EMPOWER Recognize the best managers 24
  • 24. The Giftwork for Managers Proposition  Enable managers to assume responsibility for making change  Develop managers’ skills to create trust-based, high-performing teams  Increase the rate of successful implementation of programs, policies, and practices by teaching managers how to successfully present them to employees  Reduce the risk of low morale and low productivity by giving managers the tools to lead, inspire and motivate 25
  • 25. Putting the roof – articulating and institutionalizing your employer brand/ employee value proposition Factors have a disproportionate impact on overall employee sentiment in an organization. 1. Attracting talent for key positions - People want to associate themselves with outstanding talent. 2. Equity – Less visible hierarchy, More egalitarian spirit and More equitable power distribution 3. Creating a fun place to work – A young India and a young workforce want to enjoy their work life and their time at work.
  • 27. To participate in India’s Best Companies to Work For – 2012 Study Register at www.greatplacetowork.in Or, write to greatplace@greatplace.in