- What The Faff!!Content

HR- Rendezvous with Catbert World...........................................................................................................2

Strategic HR Alignment................................................................................................................................2

C-A-S-T-Job-K-E-M...................................................................................................................................2

Building Competitive Advantage Through HR Alignment............................................................................3

Banao Milao aur Jodo aka Building, Linking and Bonding........................................................................3

A Players and A positions............................................................................................................................3

The GE Case- CEO ki Factory........................................................................................................................3

Ralph Cordiner -1950-1963.....................................................................................................................4

Borsch & Jones........................................................................................................................................4

ENTER JACK WELCH 1981........................................................................................................................4

GE Factory da latest product- Jeff Immelt...............................................................................................4

Two Beds and a Talent Machine: Another ditch in the road, (Jeff )keep moving!.......................................4

Vitality Curve...........................................................................................................................................4

Recruitment.............................................................................................................................................5

Collapsing PL to Band..............................................................................................................................5

HR- Rendezvous with Catbert World

Highly Redundant? That's what comes to mind to those who have not worked in this function. Some of the best minds are in Human Resources though, trying to make the corporate world a better place!

Strategic HR Alignment Build sustainable, competitive HR management system- Yeah, let's show this on DAY ONE and

ask for fatter packages Congruent HR Policy rather than fragmented ones Hum Employee Ass'et hain! (Albeit disposable), Kharcha Nahi!

C-A-S-T-Job-K-E-MCompensation- Appraisal- Staffing-Training-Job Design-KSA's-Empowerment-Motivation

KSA bole toh- Knowledge, Skill and Ability!

Interviewer: Mere pass global clients hai, badi buildinge hain, huge cash balance hai... kya hai tumhare pass?? Aeen!You: Sir, mere pass....KSA hai!"

CAST Job Kem results in workforce productivity and firm performance.

CEO: HR..tum toh aise na the...!HR: Aap bhi bade woh ho!...khud badal jaate ho aur mujhe na badalne ko kehte ho!

Change in Strategy led to change in role for HR. They create human capital laying the seeds of innovation and competitive advantage, expecting them to blossom into productive units and thus creating an Orchard of Great Minds©(Copyright belongs to Ramm).

Changing Focus of Strategy & Impact on HR

The Matrix ReloadedCompetition for Products

and MarketsCompetition for Resources

and CompetenciesCompetition for

Talent and Dreams

Strategic ObjectiveDefensible product market

positionsSustainable competitive

advantageContinuousself-renewal

Major Tools Perspectives Porter baba, 5 S, 4 P…blah blah Network Analysis Innovation, Entrepreneurship

Key Resource Finance Organizing & Mobilizing Ability/ Technology Human +Intellectual Capital

Employees are Factors of Production Valuable Resources Talent Investors (CV mein Daal lo doston!)HR Da Role Support Major Contribution Central (Sach??)

HR Da Kaam recruitment, training Alignment of resources to match strategyBuilding Human Capital- Plantingseeds of

comp advantage

Building Competitive Advantage Through HR Alignment

Banao Milao aur Jodo aka Building, Linking and BondingBefore After

Apps Came in Search For Talent (DAY1)Evaluate Ppl Devlop Talent

Tolerate Bad Performance Cull 'em All!

LINKChe! No Link Ups yahan! Matrimony

samjha hai?

Organic Facebookism- Internal Social Networks (Dare to Think Beyond SAIT

here)

BOND with the REST

Machines don't need bonds. You need screws! No pun!

These bonds are founts of Org Culture- like, Deutsche Bank-manages to create a

sense of belonging to that logo

BUILD

A Players and A positionsCompare this to football. The famous galacticos policy used for Real Madrid. That was A-Players.- hire the best talent from across the industry possible. A fallout of this is too many stars in a galaxy, each trying to outshine the other.

A-Positions takes a portfolio approach- Best persons for strategic positions, Good people in support positions and culling non-performers. Best Egg Sample is CHAK DE! INDIA: Bindiya Nayak in support rather than strategic/ key position, but swapped to strategic at the right time.

The GE Case- CEO ki Factory

Summary:

Ralph Cordiner -1950-1963 Decentralization Spent 40mio on management education Started Session C and 6 point rating scale Performance evaluation tied to 28 Position Level PLs

Borsch & Jones Introduced Corp Diversification Top 2% GE brass to report to Borsch Tracking of High potentials (CEO material!) Jones had structured & formal approach grouped stuff based on common characteristics

ENTER JACK WELCH 1981 Life is a race- no one remembers the 3rd and beyond Compete, or sell! policy for divisions Cut 1 lac jobs 29 PLs ko 7 band banaya( aur sabka bajaya!) Loved Curves..Session C mein Vitality Curve laaya- top 20%, highly valued 070% and least

effective 10% (i know what Welch was thinking!) Was inspired by Arindham Chaudhari, said "let's dare to think beyond Ivy League"

GE Factory da latest product- Jeff Immelt Lucky Dog! Presenting to Welch within 30days of joining! Thrown into Appliances rough currents, but jeff swam to the shore=successful recall Plastics Fiasco with GM- GM bhaagne wala tha when Welch fell at their feet GE medical head- Ordered Hard to starboard! focus shift from cost cutting to growth "Oscar" CEO nominees are...(bated breath!) Jeff Immelt, Jim McNerney and Bob Nardelli! "At my request", Immelt also focused on HCC- Hiring, Crotonville, & C (matlab Session C)

Two Beds and a Talent Machine: Another ditch in the road, (Jeff )keep moving!

Vitality CurveFor the uninitiated, Vitality Curve was started by Welch and is known as 20-70-10 rule. It hinges on the Pareto Principle ( oh ya! I'm now an MBA! Im Linking Gyaan across subjects!".

Bank of America or BOA poached more than 90 GE employees. These were from the 70% highly valued.

The story as presented in the case:Jeff reacted to this news and said-This is the evil that needs to be uprooted, maybe that's why my company witnessed talent flight.

What Happened actually:Jeff saw 3 Idiots and was moved by the dialogue: "Aisa lagta hai koi caste system hai- A Grade Students Baadshaah...C Grade Ghulam..." and said, lemme abolish GE da Caste System.

Recruitment Need Munnabhai MBAs- especially Marketing Mamus Pho-ren MBA lau (apun ko toh lagta tha phoren bole toh US)

Collapsing PL to Band Jeff thought yehi toh Band Baji ! You know Indians love promotions from Assistant to Executive deputy head peon to Senior

Assistant to Executive deputy head peon!