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PeopleWiz collaborated in the transformation journey of a leading NBFC by
creating pillars of a High-Performance Culture
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HR & Culture transformation for a leading NBFC

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PeopleWiz collaborated in the transformation journey of a leading NBFC by creating pillars of a High-Performance Culture.

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HR & Culture transformation for a leading NBFC

  1. 1. PeopleWiz collaborated in the transformation journey of a leading NBFC by creating pillars of a High-Performance Culture Optimized workforce cost Enhanced People Productivity Steady Leadership Pipeline Regrettable Attrition Arrested Productivity Optimization Performance Management Scheme Talent Management Strategy • Extensive organizational diagnosis • Comprehensive external research • Framework for Productivity Measurement & Optimization was designed and rolled out . • Core concepts of KPI Benchmarking, Alignment & Collaboration, Measurement and Correction, Feedback & Dialogues. • Key result Areas and Key Performance Indicators developed for all roles • Talent Identification, Retention & Development interventions were developed. • Futuristic competency framework designed. • 30 years old leading NBFC. Workforce of over 700, the company offers a wide range of analytics services across sectors. • The upheaval in the financial sector put a lot of pressure on the revenue, profitability and brand positioning on the company. • Burdened by regulatory processes, internal checks & balances and external audits. Process inefficiencies, overlapping roles, ambiguous KPI, a management heavy structure and skewed HR practices have added to the cost pressures. Client Overview • Steady decline in the revenue year on year • Competitors retaining an edge on the overall market and cost drivers rising. • To ensure a successful business transformation, a strong foundation of high-performance culture was needed. Three core organizational Pillars were identified • Workforce Productivity Optimization • Performance Enhancement Scheme • Talent Management Strategy Business Challenge PeopleWiz’s Involvement Business Benefits Realized
  • peoplewizconsulting

    Jul. 7, 2021

PeopleWiz collaborated in the transformation journey of a leading NBFC by creating pillars of a High-Performance Culture.

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