13-09-2012, 01:19 PM
Five Multinational Companies Assignment [HRM]
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Human Resource Planning (HRP) Wipro:-
Human resource planning is an important component of securing future operations. For sustainability, plans must be made to ensure that adequate resources are available and trained for all levels of an organization. Although police organizations are stretched to meet current service requirements, it is important that they also spend time to create plans to ensure there will be officers to fill future positions. These plans must be prepared well in advance, with targets set for the short, mid and long term.Not only must adequate resourcing be considered for the bulk of the workforce but special consideration must be given for the leadership of each organization. This requires developing specialized succession plans for identifying and grooming potential future leaders. The leader candidates must receive management, leadership, and all relevant knowledge and skills training. Plans should also be created to leverage the knowledge of those leaving today’s leadership roles so that future leaders are fully informed. Securing future policing operations requires careful planning and a clear implementation strategy.
Development:-
Wipro Leaders’ Qualities Survey, which started in 1992, is one of oldest leadership development initiatives. It has successfully contributed in their endeavour to nurture top class business leaders in Wipro. Wipro have 8 Wipro Leadership Qualities, which are based on Wipro vision, values and business strategy. In order to identify and help leaders develop these competencies Wipro adopt a 360-degree survey process. This is an end-to-end program, which starts with the obtaining of feedback from relevant respondents and ends with each leader drawing up a Personal Development Plan (PDP) based on the feedback received. The PDP is developed through “Winds of Change” which is a seven-step program that helps in identifying strengths andimprovement areas, and determining the action steps.
Performance Appraisal:-
Wipro’s solution aims at strategic value delivery in the least possible time incorporating rich functional features, aided by smooth workflow, notification, authorization, etc.
• Align employee objectives to the business goals. Enable strategic Performance Management through Management by Objectives(MBO)
• Measure and Assess employee performance periodically and provide feedback and support to achieve quantitative, qualitative and process targets
• Evaluate and track Hi-Performance and achievers based on Competency driven practices.
• Enable online Reward and Recognition.
Career Planning and Succession Planning:-
IT company Wipro, which has developed leaders through a well planned process. The succession planning programme is called Talent Review and Planning (TRP). At Wipro, the succession planning starts with identification of suitable candidate through regular quarterly talent engagement and development (TED) reviews, and action plans of each business unit and vertical. Then feedbacks about these candidates are gathered. Wipro has developed "Life Cycle Stage Development Program”. Here the employees who are identified to have high leadership talent are given training according to their level in the organisation. There are different kinds of programmes targeted towards different levels. Wipro has programs like 'entry level program', 'New leaders program', 'Wipro leader's program', 'Business leaders program' and 'Strategic leaders program'.