Human Resource Management Report On Godr
Human Resource Management Report On Godr
Human Resource Management Report On Godr
“Godrej Industries”
Submitted to
Prepared by:
Student ID Student Name
19531025 Karmarajsinh Vala
19531036 Neel Ketanbhai Thakkar
19531046 Romit Patel
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Table of Content
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Company profile
Established in 1897, the Godrej group has grown in India from the days of the
charkha to nights at the call centers. Founder, Ardeshir Godrej, lawyer-turned-
locksmith, was a persistent inventor and a strong visionary who could see the spark
in the future. His inventions, manufactured by his brother Pirojsha Godrej, were
the foundation of today’s Godrej empire. Godrej group has its root in India’s
Independence and Swadeshi movement. The company’s geographic segments
include within India as well as outside India with presence in more than 60
countries and Godrej ensures that their customers are at home with Godrej no
matter where they go. Company operates in sectors as real estate, consumer
products (FMCG), industrial engineering, appliances, furniture, security and
agricultural products. The Godrej Group is firmly entrenched in diverse businesses.
Security Systems and Safes, Typewriters and Word processors, Rocket Launchers,
Refrigerators and Furniture, Outsourcing Services, Machine Tools and Process
Equipment, Cosmetics and Detergents, Engineering Workstations, Medical
Diagnostics and Aerospace Equipment, Edible Oils and Chemical, Mosquito
Repellents, Car perfumes, Chicken and Agriculture products.
• In 1897, Godrej introduced the first lock with lever technology in India.
• In 1902, Godrej made the first Indian safe.
• In 1920, Godrej made soap using vegetable oil, which was a huge hit with the
vegetarian community in India
• In 1955, Godrej produced India’s first indigenous typewriter
• In 1989, Godrej became the first company to introduce PUF (Polyurethane Foam)
• Introduced India’s first and only 100% CFC, HCFC, HFC free refrigerators
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Vision of Company
Godrej Consumer Products Limited Vision is:
Mission of company
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Strength, Weakness and Goals
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Services/Product of the company
AEROSPACE
APPLIANCES
Godrej Appliances began its journey in 1958 with the very first refrigerator in
India. Today, it has a market presence in white goods such as refrigerators, air
conditioners, washing machines and microwave ovens.
AV SOLUTIONS
BATTERIES
CONSTRUCTION
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projects. It has also constructed warehouses, offices and Godrej Bhavans in
metropolitan cities like Delhi, Kolkata, Chennai and Hyderabad.
Godrej Electricals and Electronics cater to the needs of customers in the areas of
energy and environment. They provide all types of engineering services in
electrical, electronics, compressed air technology, busbar systems, instrumentation
and telecommunication and automation technology.
INTERIO
Godrej Interio is India’s largest furniture brand. They design products, set up
processes and use raw materials that are eco-friendly to ensure preservation of
natural resources. The product offerings include home and office furniture, along
with solutions for laboratories hospitals and healthcare establishments, education
and training institutes, shipyards and naval requirements, auditoriums and
stadiums.
LAWKIM MOTORS
LOCKS
The Godrej story began in 1897 with the manufacture of locks. Godrej Locking
Solutions & Systems provides locking solutions that reach homes, offices,
industries and the hearts of millions of people in India and around the world for
whom ‘locks’ means Godrej.
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MATERIAL HANDLING
PRECISION ENGINEERING
PROCESS EQUIPMENT
SECURITY SOLUTIONS
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STORAGE SOLUTIONS
Godrej Storage Solutions are pioneers, visionaries and market leaders for over five
decades in India in the field of storage and material handling with products ranging
from slotted angle shelving, selective pallet racking to integrated man-less
intelligent warehousing solutions
TOOLING
Godrej Tooling is among the country’s most advanced tool rooms. Since inception,
it has emerged as a key player in design, manufacture and proving of tools. The
product range includes pressure dies, casting dies, thermo-compression moulds,
complex and large sheet metal tooling for auto panels and progressive dies.
VENDING
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Competitors of Godrej
LG
Samsung
Whirlpool
Videocon
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Environment of company
The work culture in Godrej supports learning at every stage of one’s work life.
Opportunities in learning are available in the technical, functional, behavioral,
general management and leadership areas through options like EDPs (Executive
Development Programs), MDPs (Management Development Programs), E-
learning and On the Job exposure to International Practices.
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Literature Review
“We are successful as a company not because of products we sell, but because of
the people who make these products.”
When the Head of multibillion dollar company has these thoughts, one can know
how important HR is to that company. Godrej continuously sights towards
betterment of their employees by various meaningful practices which keep them
motivated towards work such as various personal interactions with individuals,
solving their every problem. Various challenges they understand in upcoming HR
practices for company and they strive to overcome each and every situation are :
changing workforce dynamics, change in employee expectations, managing
diversity, outsourcing human resource, organizational restructure, work life
balance, how to retain same level of recruitment even in recession, performance
management, career development, competency development, participatory culture.
HR professionals can’t wait for change to occur. HR leaders must anticipate new
developments, embrace them and develop the strategies necessary for the
organization to succeed.
It is time for Human Resource practitioners to rethink their role and that of the HR
department, not only for the purpose of contributing to the organization's bottom
line, but also for their own survival. HR continues to balance the demands of
several different roles: business partner, internal consultant, operational and
administrative expert and both employee and employer advocate.
*Review of HR policy document of Godrej
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“People should be encouraged by things like awards given for corporate
governance practices.”
Adi Godrej, the chairman of Godrej group has introduced an Economic Value
Added to focus the company on long term shareholder value. EVA assesses the
performance of a company and its management through the idea that a business is
only profitable when it creates wealth and returns for shareholders, thus requiring
performance above a company's cost of capital.
EVA as a performance indicator is very useful. The calculation shows how and
where a company created wealth, through the inclusion of balance sheet items.
This forces managers to be aware of assets and expenses when making managerial
decisions. This gradually helped company to grow financially.
*Review of Global Business Journal
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HRP Practices
Planning at Godrej:
The costs of Human Resource planning are kept minimal as each plant/
profit centre has its own Personal Department which provides all the
respective plant‘s requirements. Each Personal Department comprises
of four members.
The short term planning is conducted by each plant‘s personal
department with each team’s respective heads.
The Long term planning is performed by superiors of each
department in accordance with company’s interests and objectives.
The internal detailed planning is planned by each team separately.
In this way, it is lesser time consuming, energy, economic and also
effective. The decisions are agreed upon by most of the team members
so they are more focused, clear, satisfied that even they have a say in
the working and meeting the targets set.
They also work for succession planning where they have introduced 100
leaders programme where these, top 100 employees are identified across the
organization having the leadership potential in them. These employees are
differentiated, trained and their careers are tracked for their grooming in the
leadership roles in future
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Recruitment – Selection – Interview of Candidate
RECRUITMENT IN GODREJ:
The requirement of work force arises when a post gets vacant that happens
due to promotion and/or when an employee leaves the organization.
There are vacancies all round the year.
In case it doesn’t have availability of human resources to meet the
requirement, then it contacts and takes help from the mother pool and in this
way requirement is met. Mother pool is a database system where all
resume’s and work force is directed to the requirement. In this procedure,
semi-skilled employees can also be employed. Incase of specializations,
outside advertisement and help is sought for.
Then it is announced through websites of Godrej to all of its branch offices
regarding the vacancy, designation, work expected out of them, minimum
requirements of applying, etc.
An outside applicant can also apply for the post.
Employees in the other branches can also apply for change of place or kind
of work. E.g. an employee working in Ahmadabad branch as an accounts
executive can apply in Mumbai branch for any post in only the next level,
including he has capabilities.
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Also there is campus recruitment. Their campus recruitment programme is
geared towards nurturing young talent and helps them make a smooth
transition from B-schools and colleges to the work place. Through the
empowered internship programme as also the robust induction which
involves stimulating assignments and myriad projects across functions and
businesses they provide challenging and fulfilling career options to their
young leaders.
Recruitment and selection are the two crucial steps in the HR process and are often
used interchangeably. There is, however, a fine distinction between the two steps.
While recruitment refers to the process of identifying and encouraging prospective
employees to apply for jobs, selection is concerned with picking the right
candidates from a pool of applicants. Recruitment is said to be positive in its
approach as it seeks to attract as many candidates as possible. Selection on the
other hand is negative in its application in as much as it seeks to eliminate as many
unqualified applicants as possible in order to identify the right candidates.
SELECTION IN GODREJ:
In most cases employees currently working with Godrej are given more
preference if they are qualified and fulfill the requirements needed for the
post. In case of specialized services, outside sources are sought for.
Then all of them are interviewed and the appropriate one is chosen. The
other resumes are preserved for future reference and support. The
management prefers selecting an internal employee for any vacancy. E.g.
mostly, subordinates working with the deputy are preferred in case of
vacancy of a deputy manager. In case of expansion also, internal employees
are sought for first. In this presently working employees get a lot of
opportunities of growth.
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Selection/Interview Process at Godrej:
General Intelligence:
Essay Writing:
Interview:
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Job Analysis
To realize the ambition - double the size of the company and halve the
environmental footprint - Godrej need people with a desire to win, a passion for
consumers and drive to take their personal performance to an even higher level.
Job Description
Key Responsibilities
Human Capital Development
Business Results
Business Process
Brighter Living
Preferred Qualification:
Degree in Engineering / Graduate in any discipline with Post Graduate
Qualification in Management
Essential Experience:
2 years of work experience for Degree in Engineering OR3 years of work
experience for Graduate in any discipline
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Preferred Experience:
Relevant work experience in Retail Sales
Job Specifications
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Performance Evaluation
It is the process of obtaining, analyzing, and recording information about the
relative worth of an employee to the organization.
Godrej’s expectation from employee is: “If you are an energetic, creative
professional with a burning desire to perform, learn and grow– Godrej could
well be right place to build your career.”
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Superior’s appraisal forms the traditional part of the 360 degree
performance appraisal where the employee’s responsibilities and actual
performance is rated by the superior.
Subordinates appraisal gives a chance to judge the employee on the
parameters like communication and motivating abilities, superior’s ability
to delegate the work, leadership qualities etc.
Rating System
The rating system is given against commitments:
a) This is given on all meeting expectations.
b) This is given if not a single work is done.
c) Exceeds expectations.
d) Substantially exceeds expectations.
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Compensation Plan
Godrej employees are provided Flexible Benefit plan which is that portion
of salary that can be received as against different expenses, to primarily
save on income tax. Employees have the freedom to design (play around)
their salary structure within the FBP amount, based on anticipated
expenses.
Some of the allowances included in this plan are:
1. Housing rent allowance
2. Conveyance allowance
3. Leave Travel allowance
4. Medical Reimbursement
5. Telephone Reimbursement
They are also provided bonuses, given option of profit sharing.
They are also paid on their merit according to rating and work done by
them for betterment of organization.
They are also provided stock options if they want to avail.
Various insurance, retirement benefits etc are also provided
Top level officers and managers are provided company’s contribution to
provident fund with basic salary.
Company car with driver.
Leave with fix pay not exceeding 30 days of leave.
Maternal compensation with full pay of six months.
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Incentives and Benefits
There are various incentives and benefits provided by Godrej:
1. Employees who have succeeded in achieving goals and expectations
by company are thanked, praised and Achievement Certificate are
given on Annual meet.
2. They are also availed monetary reward, gifts, employee referral
awards with commission on referring candidate to Godrej.
3. They are also extra discount on products.
4. Various company paid family trips, sponsored dinner with family,
sports event, etc.
These all activity help them to retain employees, increase productivity and
teamwork within the group.
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Learning and Understanding
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Conclusion
Godrej provides diverse HR practices then all other companies which help in
developing their reach and better employee turnover.
Some of the practices which can learned from Godrej are:
1. They provide external workshops to train their employees.
2. Flexi work environment which helps to make balance in work life and
robust talent management.
3. Godrej Fellows Program in which every year 12 candidates from
entire company are selected for future.
4. Godrej LOUD is new and creative approach which attracts talent from
various B- school campus from India.
These all practices of Godrej makes them successful and unique than other
companies.
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References
www.godrej.com
http://provigator.com/godrej-consumer-products-ltd
http://industrialrelations.naukrihub.com/employee-welfare.html
https://glassdoor.com
https://godrejcp.com
Notice of AGM Godrej
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