1. NEOPHYTE TECHNOLOGIES-STRATEGIC HR PLAN Group 2

2. ABOUT COMPANY A start-up company Provides IT solutions to businesses. Desktop, mobile and web applications and Bluetooth device drivers Platforms- Android, Windows, Symbian Technologies- C/C++, Java, HTML 5, and Python Currently it has 2 partners and 4 employees Virtual organization model Markets- MSME in retail, textile, manufacturing 3. VISION AND MISSION Vision-To reach USD 1 million ( 5 crores) revenues by 2014with customer satisfaction rating of at least 4 on 5 for allparameters. Mission-To provide the latest technology solution services andproducts to our customers with best quality. Corporate strategy-Expansion 4. VALUE CHAINfirm infrastructurehuman resource managementtechnological developmentprocurement serviceoperations marketing outbound& saleslogistics logisticsinbound 5. VALUE CHAIN Virtually localized, 2 HP bladeservers and online collaboration firm infrastructure software human resource management technological development procurementservice operationsmarketingoutbound & sales logisticslogistics inbound 6. firm infrastructure No dedicated HR teamhuman resource managementor professionalstechnological developmentprocurement service marketingoperations& saleslogistics outboundinbound logistics 7. Investment in collaborationfirm infrastructure softwarehuman resource managementtechnological developmentprocurement serviceoperations marketing outbound& saleslogistics logisticsinbound 8. firm infrastructure Not very relevant to firmhuman resource managementtechnological developmentprocurement service marketingoperations& sales outboundlogisticsinbound logistics 9. firm infrastructure Technical and operationalhuman resource managementrequirements from customerstechnological developmentprocurement service marketing& salesoperationslogistics outboundinbound logistics 10. firm infrastructure Consulting clients, freezing requirements, developing, testinhuman resource management gtechnological developmentprocurement service marketingoperations& saleslogistics outboundinbound logistics 11. firm infrastructure deploying and real timehuman resource management monitoringtechnological developmentprocurement service marketingoperations& sales outboundlogisticsinbound logistics 12. firm infrastructure No specific team, highlyhuman resource managementrelevanttechnological developmentprocurement service marketingoperations& sales outboundlogisticsinbound logistics 13. firm infrastructureBug fixes and customizationhuman resource managementtechnological developmentprocurement serviceoperations marketing outbound& saleslogistics logisticsinbound 14. ORGANIZATION 15. ORGANIZATION STRUCTURE AT THEEND OF 3 YEARS CEO Technology Business Admin ITHR OperationsDevelopment AndroidHyderabad WindowsChennai Symbian BangaloreThe technology team is divided on the basis of platforms and the businessdevelopment team is structured on the basis of geographies. 16. STRATEGY Cost leadership due to lowoverheads High differentiation due highcustomer serviceability 17. SHRP- FINANCIALS Industry standard billing rate per hour: USD 20 Billing Methodology: Fixed time based No of Billable employees: 4 Weekly hours: 40 (5 Days week and 8 Working hours a day) Yearly billable hours: 50 Weeks * 4 Employees * 40 Hours / Week = 8000 ManHours Maximum Revenue Potential: 8000 Hours * 20 USD * 50 RS / USD = INR 80,00,000 Current Utilization Rate : 75 % Current Revenue = INR 80, 00,000 * 75% = INR 60, 00,000 18. FUTURE CASH FLOWS Current End of 1st Year End of 2nd Year End of 3rd Year RemarksRevenue in INR 60,00,000 1,50,00,000 3,00,00,000 5,00,00,000Revenue in USD 1,20,000 3,00,0006,00,000 10,00,000 1USD = 50 INRHours of billing6,00015,00030,00050,000I Hour = 20 USDrequired / YearHours of billing 120300 6001,000 1 Year = 50 Weeksrequired / weekNo of Employees1 Employee = 40 Man38 1525required Hours / week 19. HUMAN CAPITAL PLANHuman Capital PlanningCurrent 1st Year 2nd Year 3rd Year Technical Leads 1 43 5 Developers3 412 20 Finance and Admin 0 11 1 Human Resource0 01 1 IT Infrastructure 0 11 1 Business Development0 12 3HR Recruitment Plan for next 3 years1st Year 2nd Year 3rd Year Technical Leads 002 Developers488 Finance and Admin 100 Human Resource010 IT Infrastructure 100 Business Development111 20. HUMAN CAPITAL- HR ARCHITECTURE 21. CREATING HPWS- RECRUITMENT For first year CEO acts as HR manager Define competencies for technical role, BDM, HR manager, Adminofficer and IT officer Hiring based on employee referrals Identification of candidates for Business development and adminofficer roles outsourced to head hunter Process of selection- Resume shortlisting, technical interview, HRinterview 22. PERFORMANCE APPRAISAL ANDMANAGEMENT 360 degree feedback Graphic rating scales Forced distribution method Support and encourage Organization citizenship behavior Appraisal process 23. COMPENSATIONTechnical leads/BusinessSlightly higher than marketDevelopersrates+% of revenue as premiumSupport staff(admin, fin, hr) Market rateLegal and taxation consultant Market rateDevelopersMarket rate 24. MOTIVATION Economic incentives (in the form ofcommission, bonuses and perks) Profit sharing model Non-economic incentives (challenges,authority and recognition) Mcclellands Theory of needs Herzbergs motivational factors Employee welfare schemes