SlideShare una empresa de Scribd logo
1 de 69
Descargar para leer sin conexión
Scope International
Top 10 Best Company to
         Work For 2011




               Great Places to Work
     Learning Conference, Bangalore
                       July 15, 2011




                                   1
About us
125 Nationalities                                    Footprint

                                    75            1,700+         80,000
                                    countries     branches       employees



                                                Business verticals

                                    Consumer      Wholesale      Group Tech &
                                    Banking       Banking        Operations


                                                   Key markets

                                    Asia          Africa         Middle East



                                        Performance Highlights (End 2010)
                                     USD 16bn    USD 6bn         197.0 cents
History of over 150 years in Banking Income      Profit          EPS
Global Shared Service Centres (GSSCs)
- Scope International (The Right Partner)
            • Shared Services Centres in India, KL and China; largest Hub in India
            •13000 staff across Chennai, KL & China hubs
            •Support over 14 million customers across 70+ countries
            • Annual cost savings over USD 100 million


                                                                                   Technology
  Human Resources Shared



                           Finance Shared Services




                                                                                                                                                                                   Global Customer Care
                                                                                                                                            Consumer Banking



                                                                                                                                                               Wholesale Banking
     Services Centre




                                                                                              Technology Operations




                                                                                                                                               Operations



                                                                                                                                                                  Operations
                                                     Software Solutions




                                                                                                                      Securities Solution
                                   Centre




                                                                          IT Service Centre




                                                                                                                      Group
Our Experience


  Practice
          1 : Driving Performance through
   Engagement

  Practice2 : Embedding a culture of
   Performance Management

  Practice   3 : Growing and Retaining Top
   Talent


                                              4
Movement of Scope’s GrandMean and
Follow-Through scores

5.00
                Scope Int Pvt. Ltd. GrandMean
4.80
                Scope Int Pvt. Ltd. Follow-Through
4.60


4.40
                                                                  4.22
4.20

         3.98                   3.96
4.00                                                              4.09

3.80
         3.79                   3.81
3.60


3.40


3.20


3.00

         2008                  2009                             2010

                                                 Copyright © 2010 Gallup, Inc. All rights reserved.   5
Driving Performance through Engagement

     The Gallup Q12 model
         – Engagement and Business performance
         – The model
         – The Q12 questions

     Scope‟s journey
         – The phases of implementation
         – The movement in scores
         – What has worked for us

     3 dilemmas


                                                 6
What is employee engagement?



“Employees willingness and ability to contribute to company success
… the extent to which employees put discretionary effort into their
work, in the form of extra time, brainpower and energy”
                                                  Towers Perrin (2003)




Employees are engaged when they:
•Speak positively about the organization to co-workers, potential
employees and customers,
•Have an intense desire to be a member of the organization, and
•Exert extra effort and are dedicated to doing the very best job
possible to contribute to the organization's business success.
                                                             Aon Hewitt

                                                                      7
Engagement – Strongly linked to
Business Performance

                                                                                 STOCK
                                        REAL PROFIT                            INCREASE
       To                                INCREASE
                                                            Profitability Drives Market Value
    reliably
                               Sustainable Growth Drives Profitability
   influence    SUSTAINABLE
                  GROWTH
    these ...
                              Engaged Customers Drive Sustainable Growth



                               ENGAGED
                              CUSTOMERS                             ENGAGED
                                                                   EMPLOYEES

   ... these                         Engaged Employees Drive Customer Engagement

   must be      ENTER                                                                      GREAT
  managed.      HERE               The Right People in the Right Roles with the
                                   Right Managers Drive Employee Engagement
                                                                                          MANAGERS


                         IDENTIFY
                        STRENGTHS                                 THE
                                                               RIGHT FIT


                                                                                                     8
                                                                                                     8
Gallup Q12 questions - framework

    Gallup's employee engagement work is based on
     more than 30 years of in-depth behavioral economic
     research involving more than 17 million employees.
     This research has appeared in prestigious business
     and scientific publications, including the Journal of
     Applied Psychology and the Harvard Business
     Review.

     Through rigorous research, Gallup has identified 12
     core elements -- the Q12 -- that link powerfully to key
     business outcomes. These 12 statements emerged as
     those that best predict employee and workgroup
     performance.

                                                               9
Gallup Q12 questions
• Opportunity to learn and grow                         (Overall Growth)
• Progress in last six months                   How              Nurturing
                                                can
                                               we all            Celebrating
• Best friend                                  grow?
• Coworkers committed to quality                                   Inspiring
• Mission/Purpose of company                Do I belong?
                                                                  Speaking
• My opinions count                        (Teamwork)
                                                                  Listening
• Encourages development
• Supervisor/Someone at work cares                                  Caring
• Recognition in last seven days           What do I give?        Thanking
• Do what I do best every day         (Management Support)
                                                                   Sharing

• Materials and equipment
• I know what is expected                  What do I get?   Hiring and Welcoming
 of me at work
                                         (Basic Needs)

       Our Q12 based engagement programme has been a powerful
 differentiator, helping us to measure and grow as a Great Place to Work.
                                                                               10
Impact Planning: five step model

          1                                                          2
               Set the scene                                                Capture reactions
          .
     Why? Because the better you can set the                         .
                                                                 Why? To fully capture the team’s reactions
     scene, the better your team will be able to                    to their scorecard, and start a useful
          have a constructive discussion                                         conversation
    What? Get people focused, talking, relaxed                  What? Flipchart whatever the team notice in
               thinking positively                                           their scorecard




          5 Agree actions                                           3       Identify big issues
      Why?.Because improvement requires                             .
                                                                 Why? To see clearly what important patterns
    clarity about what we can do and why we’re                    or issues are in the teams’ reactions to the
                       doing it                                                    scorecard

     What? Prioritising ideas, then being clear                   What? Summarise the team’s reactions and
    about what will be done, by who and when                       vote for the 1 – 3 most important issues




                                       4      Explore specifics
                                       . To understand the detail – good and
                                    Why?
                                        bad – that is underneath the issues
                                   What? Identify strengths and weaknesses, as
                                   one team, or in small groups and then share
                                               with the whole team



                                                                                                                 11
To sum up : Employee engagement is an
ongoing process

     2010        2010                          2010-2011
   Aug - Sept    Oct      Nov         Dec       Jan    Feb   Mar    Apr    May     Jun     Jul   Aug     Sept


                                                                                         __Mi                    Q12
                 Q12                                               TEAM ACTION &           d     TEAM
   Q12 Survey                   Finalise impact planning
                                                                   REVIEWS               year    ACTIO
                                                                                                                2011
                Reports                                                                                         survey
                                                                                         revie     N
                                                                                           w




  Employee engagement drives performance & increases retention of
    talent
  Improving Q12 results is a strategy that drives business outcomes
  The employee engagement process is designed to initiate discussion
    and action towards improving the teams working environment
  Attention is on behaviours, dialogue and action, rather than numbers
  Effective impact planning and follow through increases engagement
  Managers are the key in building employee engagement through leading
    by example
                                                                                                                         12
Driving Performance through Engagement

    The Gallup Q12 model
        – Engagement and Business performance
        – The model
        – The Q12 questions

    Scope’s journey
        – The phases of implementation
        – The movement in scores
        – What has worked for us

    3 dilemmas


                                                13
Our Journey to-date


   Linking engagement to performance
                                                                          2010
   Leveraging the model
                                                       A segmented             Engagement
                                                2008
                                                       approach to             scores linked
   Institutionalizing                                  support Managers :      to individual
   Impact Planning : Focus on embedding as a key       Interventions           performance
   People Manager job objective                        customised based on     Low scoring
   Great Manager Programme : 4 module training for     engagement level        managers are
   Managers                                            category                placed on
                                     2006              Training HRRMs as       development
   Early Phase                                         expert facilitators :   plans
                                                       Gallup training on      Metricised
   Awareness of the Q12 survey :                       State of Team           objectives for
   Educating employees and                             analysis                People
   managers                                                                    managers
                                                       Great Manager
   Building Participation levels :                     Awards :
   Leveraging the
   online tool            Pre                          Celebrating and
                                                       learning from Great
                        2006                           Managers



                                                                                                14
Movement of Scope’s GrandMean and
Follow-Through scores

5.00
                Scope Int Pvt. Ltd. GrandMean
4.80
                Scope Int Pvt. Ltd. Follow-Through
4.60


4.40
                                                                  4.22
4.20

         3.98                   3.96
4.00                                                              4.09

3.80
         3.79                   3.81
3.60


3.40


3.20


3.00

         2008                  2009                             2010

                                                 Copyright © 2010 Gallup, Inc. All rights reserved.   15
What has worked for us ?


 Direct and visible involvement of senior leadership
 Setting aspirational goals
 Greater inclusiveness (For the Employees – By the Employees)
 Orienting all new staff including new managers on engagement
 philosophy and concept
 Strong coaching and facilitation by business HR
 Planned initiatives spread across the year – pan GSSC and unit specific
 Strongly leveraging internal champions
 Strengthening the listening process to continuously challenge and
 improve
 Segmented approach to support line managers




                                                      Copyright © 2010 Gallup, Inc. All rights reserved.   16
Segmenting support for managers

                  Bottom quartile                           Second quartile                                Third quartile                              Top quartile
                  (under 25th %ile)                         (25th – 50th %ile)                            (50th – 75th %ile)                         (over 75th %ile)

                  EVALUATE                                  EDUCATE                                   ENCOURAGE                                       ESTEEM
HR support      Coach managers in having               Build interaction with upper quartile      State of the Team coaching                   State of the Team discussion
                 frequent, one to one discussions        managers, e.g. Engagement                   discussion                                    focusing on „Good to Great‟ and
                 on the basics of management             Coaches                                    Coach on facilitating great discussions       identifying what makes them
                 and engagement                         Discuss outputs of engagement               to build engagement OR facilitate the         successful
                Agree personal action plan to           planning discussions, and how to            discussion                                   Coach around feedback loops
                 build capability in the basics of       refresh the action plan                    Coach on improving outputs of
Coach            management                             Build linkage with business                 engagement planning discussions,
                Review success in building              performance goals and drivers               and how to use feedback loops to
                 management capability                  Coaching around „the basics of              refresh the action plan
                                                         management‟                                Build linkage with business
                                                                                                     performance goals and drivers


                Facilitate engagement                  Facilitate engagement discussions       As needed                                     As needed
Facilitate       discussions / „impact planning‟         / „impact planning‟ – using
                Facilitate engagement reviews           business priorities as why to have
                 throughout the year                     the discussion

Other           Conversations that Count               Conversations that Count booklets          Attend relevant transition                   Attend relevant transition
                 booklets                               Know, Focus, Care, Inspire                  Management Development                        Management Development
support         Know, Focus, Care, Inspire              awareness workshop                          Programmes as identified by                   Programme as identified by
available        awareness workshop                     Attend relevant Great Manager               responsible Talent Manager                    responsible Talent Manager
                Attend relevant Great Manager           Programme workshops                        Manager Springboard Workshop –               Become Engagement
                 Programme workshops                                                                 From Surviving to Thriving                    Champions & e.g. chair best
                                                                                                    Build interaction with upper quartile         practice sessions, review 2nd /
                                                                                                     managers                                      3rd quartile managers‟ actions
                                                                                                    Selected basic elements of the GMP            and progress
                                                                                                     to address weaker areas, e.g.                Reward and recognise as for
                                                                                                     workshops and Conversations that              great business performance –
                                                                                                     Count booklets                                celebrate success
                                                                                                    Attend relevant Great Manager                Mentoring by role model senior
                                                                                                     Programme workshops                           leaders / managers
                                                                                                                                                  Recognise, systematically study
                                                                                                                                                   and publicise best practices
                                                                                                                                                  Attend relevant Great Manager
                                                                                                                                                   Programme workshops

                                                                                                                                                                                17
Driving Performance through Engagement

    The Gallup Q12 model
        – Engagement and Business performance
        – The model
        – The Q12 questions

    Scope‟s journey
        – The phases of implementation
        – The movement in scores
        – What has worked for us

    3 Hypotheses / Dilemmas


                                                18
3 Hypotheses / Dilemmas


    Higher engagement leads to higher
     retention, productivity, service quality etc.

    Managers always adopt fair and ethical
     means to improve team engagement

    Consequence Management improves /
     promotes engagement


                                                     19
Embedding a culture of Performance
Management

    P3 (Performance, Potential and Pay) : The
     elements are familiar

    A look at the outcomes

    What makes it different ?

    Common challenges / our approach




                                                 20
Performance Management




                         21
Key Features



      Year round activity                           Well integrated with
                                                      HR processes

                                                 Talent
                      Employee                Management
                     Engagement                and Career
                                              Progression
                                      P3
                                (Performance,
                                Pay, Potential)


                      Rewards                  Learning &
                                              Development




     Strong Performance
                                                   Robust Processes for
         Differentiation /
                                                    fairness / objectivity
      Linkage with reward

                                                                             22
Our performance and values rating scales


        Making rating decisions means…”what” and “how”
    Performance                                  Values

    1    rating means the employee has           A.   rating means the employee role models
         demonstrated consistently exceptional        living the values
         performance                             B.   rating means the employee almost
    2    rating means the employee has                always lives the values
         demonstrated very good performance      C. rating means the employee generally
         against stretching objectives                lives the values
    3    rating means the employee has           D. rating means the employee sometimes
         demonstrated good performance                lives the values
         against stretching objectives
                                                 E.   rating means the employee fails to live
    4    rating means that improvement is             the values
         required
    5    rating means the employee has
         demonstrated unacceptable
         performance




                                                                                                23
Embedding a culture of Performance
Management

    P3 (Performance, Potential and Pay) : The
     elements are familiar

    What makes it different ?

    Common challenges / our approach




                                                 24
Implementation Focus


          1
          Empowering        Devolving accountability : role in performance

   P3     Managers
                                        rating decisions
                           Empowering managers : access to market data
                                 and role in reward decisions


          2
   P                       Performance Management Training focussed on
          Training          managers and appraisees
                           Leveraging on technology
   R
   O       3
                           Creative year-round communication
          Transparency &
   C                       Sharing of decisions and outcomes
          Communication
   E
           4                 Extensive involvement and time commitment of
   S           Close            senior leadership through-out the process
                                             - Communication
   S       participation                - Detailed 2 stage-levelling
                            - Case-by-case review of Hipos / Exceptions / Poor
           of leadership                         performers
                                   - Escalations and post P3 feedback

                                                                                 25
Empowering Managers

  High level of inclusion and participation of line managers
  Proposing Managers include all managers with one or
   more reportees, regardless of organisation level
  Managers propose ratings and reward of team members
  They are given full access to relevant market benchmark
   compensation, past performance ratings and stakeholder
   feedback to enable informed decisioning
  Empowerment done in stages to ensure training and
   sensitization to adequately equip young managers
          Year   Proposing Managers   Managers with teams   Empowered
         2007           249                  902              28%
         2008           659                  1135             58%
         2009          1057                  1057             100%

                                                                        26
Training : What is in it for me ?

     Intensive training for Managers on how to have a
      good performance conversation, coach employees,
      manage high performance teams
     Values workshops for translating values into visible
      day to day behaviours
     Training to identify talent
     Training on how to discuss
      compensation decisions
     Training from an appraisee’s perspective
     Systems (P3 tool) training on the shop-floor

                                                             27
Tools Unlimited

    e-learning

                      Webinar



   Presentation




                  Checklists, FAQs, Podcasts…
                  a wide range of solutions to
                  suit varying needs
                                                 28
Transparency and Communication



   Communication     is used as a powerful tool to:
     – Inform with transparency
     – Bring alignment in understanding the key drivers
     – Elicit feedback and
     – Drive compliance




                                                          29
Transparency and Communication


    End to end intensive communication plan
    Active participation of CEO and his MANCO members
    Multiple vehicles :
      – SharePoint (dedicated P3 site) to host e-learning / guidelines / FAQs /
        podcasts
      – Town-halls for communicating broader P3 messages / environmental
        context and sustaining engagement
      – Shop-floor messaging through floor presentations / posters / activities
      – Corporate-wide creative communications / reminders
      – Small group briefings e.g.. with senior leadership / people managers
    Strong processes for cascaded messaging

                                                                                  30
Transparency and Communication
                     Guidelines on Share point accessible to all




                                                                   31
Transparency and Communication
                                 Creative Messaging




                                                 32
Close involvement of leadership


      Collective alignment at the start of the cycle
      Active, visible participation in communication
      Intense and direct involvement in leveling discussions
       (2 stages)
      Consistently drive for fair decisions
      Available for open discussions / direct feedback from
       employees
      Champion the philosophy and process by setting the
       example themselves


                                                                33
Embedding a culture of Performance
Management

    P3 (Performance, Potential and Pay) : The
     elements are familiar

    What makes it different ?

    A look at the outcomes

    Common challenges / our approach




                                                 34
Common Challenges



                                       Sustaining
     Creating Alignment            credibility and trust

                               Ensuring each
                              employee has an
                            engaging performance
                                conversation

 Differentiating performance and
               reward
                                      Giving away the
                                           power


                                                           35
Creating Alignment


   Challenges          What has worked for us:
  Aligning           • Constant dialoguing at all levels
  • Business units   Leadership / Managers / Employees
  needs with         • Early engagement with stakeholders
  organizational     • Driving consistency of principles but
  drivers            providing room for genuine exceptions
  • Managers’        • Encouraging compliance to process
  understanding /    through data based MIS
  wants              • Acceptance that this is a journey
  • Employee         rather than a destination
  expectations



                                                               36
Creating Alignment

                                                                                                A continuous
                                                                                                improvement
                       JO SURVEY                       P3 SURVEY
                                           3                                                    initiative :
                 Coverage: 754 (12%)                Coverage: 3698 (58%)                        Setting Job Objectives
                                                                                                / I know what to do
                                                                                                Objective assessment of
                                                                                                the quality and
 ASSESSMENT
                        1.             JO REVIEW
                                                                  2.             FGD            effectiveness of job
    OF JO
                                                                                                objectives setting. The
Coverage: 1122 (18%)                                                       Coverage: 292 (5%)
                                                                                                framework measures
                                                                                                compliance e.g.
                                                                                                adherence to timelines;
                                                                                                quality e.g. how smart
                         Process         Process            Process
                        Adherence         Quality         Effectiveness                         are the objectives; and
                                                                                                effectiveness e.g. do
                                                                                                employees know what is
                                             JO
                                                                                                expected of them at
                                         SCORE CARD                                             work?

                                                                                                                          37
Sustaining Credibility and Trust


  Challenges            What has worked for us:
 Trust in         • Strong independent governance by HR
 • Authenticity   • Robust check & balance mechanisms -
 of process       multiple raters, stakeholder feedback,
 • Market data    leveling, escalation process etc. produce
 • Fairness in    upward as well as downward adjustments
 decision         • Use of transparently shared and
 outcomes         consistently applied principles
                  • Creating a culture of Open / Honest /
                  Courageous conversations
                  • Training managers
                  • Taking and acting on feedback from all
                  levels

                                                              38
The Performance Conversation


   Challenges        What has worked for us:
  Ensuring         • Training managers
  • Each and       • Rigorous communication on the
  every employee   importance of the performance
  has a            conversation
  performance      • Selective focus – Quantity then
  conversation     quality ; select particular dimension for
  • Consistency    focused training e.g. values /
  and good         compensation etc.
  quality of
  performance
  conversation


                                                               39
The Performance Conversation


                          A continuous
                          improvement initiative :
                          The One Q Survey
                          Introduced in 2007, this has
                          become a simple yet powerful
                          reminder for Managers to ensure
                          that they complete their
                          performance conversations. The
                          survey to all employees asks one Q
                          “ Have you had your performance
                          conversation?”. This enables
                          employees to escalate and be
                          assured of corrective action through
                          HR. Compliance has gone up from
                          93% to 97%.



                                                                 40
Differentiating Performance & Reward


    Challenges           What has worked for us:
   • Left skew of      • No “force fitting”. However rating
   distribution        distribution is subjected to strong
   • “Quotas”          review not only at an overall
   • Differentiating   organization level, but also
   performance at       at unit and business level
   managerial and       across organization levels
                        separately for new joiners & tenured employees
   senior levels
                       • Performance linkage built into
   • Linking reward
                       reward guidelines
   decisions to
                       • HR ensures healthy challenge
   performance
                       through independent, data driven
                       reviews

                                                                          41
Well differentiated Performance and
Reward

                           Scope Performance Distribution
         60.00%

         50.00%

         40.00%

         30.00%

         20.00%

         10.00%

          0.00%
                       1                2             3             4             5
           GSSC      7.80%         34.30%        52.00%         5.60%         0.20%



                              Exceptional    Very Good       Good          Under
                              Performance   Performance   Performance   Performance

            Salary Increase      1.75          1.42          1.00          0.00

            Performance
                                 1.70          1.40          1.00          0.30
            Bonus




                                                                                      42
Giving away the Power


  Challenges           What has worked for us:
 • Will Managers     • Change managed gradually over a
 have the required   period of time
 maturity to make    • Intensive and continuing awareness
 balanced            building and training
 decisions?          • Managers are empowered and also
 • How will we       held accountable for engagement
 manage budgets?     within their teams
 • Will access to    • Clear communication / setting of
 sensitive market    expectations at each cycle
 data result in
 disengagement?


                                                            43
Growing and Retaining Top Talent


    A look at the outcomes

    Talent Management framework

    What worked for us




                                   44
Talent Scorecard

                                                   Year      Year
                                                  2009-10   2010-11


% of hipos over eligible population                 6.5       8.8

Hipo retention %                                   91%       95%

Number of cross border moves                        32        58

% of hipos in same role for more than two years    28%        3%

% of hipos featuring in succession plan with       32%       68%
immediate readiness

% of hipos in special projects                     38%       73%
The Context
              The world’s best international bank:
Our vision
              Leading the way in Asia, Africa and the Middle East

              Deliver superior   Continuously    Massively      Strengthen our Reinforce the
    Our           financial      improve the    multiply our     right partner    brand
 priorities    performance       way we work    leadership     relationship with
                                                 capability     regulators and
                                                                 communities


      Message to BLT: MMOLC
      Now more than ever we need more leadership, not
      necessarily more leaders. We need leaders who can make
      tough decisions, work with their peers across the matrix,
      those who can inspire and motivate their teams and leaders
      who can communicate making the complex and uncertain
      paths clear.
                                             Peter Sands
                           Driving Performance through
                       Productivity, Leadership & Engagement
Talent Classification

P                                                                            High Potential
                  Under Achiever                                             Coach / Support
      High



O                     (UA)                                                      outstanding
                                                                          performance and align
T
                  Provide targeted                                        development plan with
E                  development                                             aspirations and goals
N                support to improve           Critical Resources (CR) for potential new roles
                    performance          Develop for broader assignments to
      Medium




T                                           increase their potential or for
I                                             outstanding performance
                Under Performance
A
                        (UP)
L                    Focus their                Core Contributor (CC)
               development towards a          Develop skills to “mastery” /
                more suitable role, or       leverage them into a role at a
                    manage out                       similar level
      Low




               Unacceptable                          Good                           Exceptional
                                            P E R F O R M A N C E
Talent Identification Criteria

                                       SCB Leadership Model
Leaders
 Senior



                       Future           Drive to    Leading        Deliverin
                       Focus             Lead       People         g Results

                              What this means at junior level?
                      People Criteria                  Technical Criteria
Contributors (H4)
   Individual




                    Learning Agility                   Commercial Acumen


                    Leadership Potential                            Business
                                                              Professionalism

                                                                                48
Current State Assessment and
Gaps Identified

 - Quality of identified talent – high flux in the talent pool during each review

 - Talent classification not communicated – impact on overall effectiveness

 - Reactive plan to retain hipos

 - No planned career moves based on aspirations

 - Less visibility and exposure of talent with Senior management

 - No clear linkage to Succession plan

 - Line managers are not equipped on how to develop and engage Hipos

 - Business Heads not owning the process

 - Not Outcome focused
Managing Talent - Key Priorities

                     Transparency
                     Orientation of
                       managers
                                       Equipping
      Support in                        talent to
      classifying                     make career
         talent                             &
                                      developmen
                                         t plan


     Engagement
      & Visibility                     Retention
         with                            Risk
      Leadership                      assessment
                      Outcome
                     and Review
Hipo validation tool

   To assess and validate the potential of high potential talent objectively and
    improve the quality of identification

   Set of 25 behavioural questions that assesses the frequency of
    demonstration of behaviours


                                            Key features of the tool

                                            • Objective assessment
                   H4
               validation                   • Compare the potential
                  tool
                                            • Consistency

                                            • Reference point for development
Managing Talent - Key Priorities

                     Transparency &
                      Orientation of
                        managers        Equipping
      Support in                         talent to
      classifying                      make career
         talent                              &
                                       developmen
                                          t plan


     Engagement
      & Visibility                      Retention
         with                             Risk
      Leadership                       assessment
                       Outcome
                      and Review
Why transparency?

            Critical Benefits                              Possible Risks
   Critical lever to positively increase          Poorly managed transparency
    performance and engagement levels               discussions with hipos, and non-
   Improved, and more effective / targeted         hipos
    development planning                           Concern of not having clear
   Greater visibility for the „right‟ people       development proposition in place

   Greater understanding of peoples               Lack of / ineffective guidance and
    career aspirations, and long term               formal support for line managers on
    career goals                                    the goals, and components of the
                                                    development offering for hipos
   Improved retention of talent pool
    members                                        Unclear hipo expectations, in terms
                                                    of what their mutual obligations are
                                                    to the organization
Managing talent in a changing world –
    Objectives

Define    your role as Talent Champion

Articulate   what is H4 Talent Proposition

Make     robust Talent Identification

   Identify what is best for different staff‟s development,
    and agree structured ILDP to retain & engage your staff


   Understand H4 development framework


   Upskill in Transparency & Development Conversation,
    and dealing with Challenging Conversations
Line Managers as Talent Champions
H4 Transparency survey
• Launched an online survey to track the status of transparency
conversation with all H4s

• 100% confirmed they know their TC and received one page confidentiality
guideline




                                                             100% H4s
                                                                had
                                                           transparency
                                                           conversation
Managing Talent - Key Priorities


                     Transparency
                                     Equipping
      Support in                      talent to
      classifying                   make career
         talent                           &
                                    development
                                        plan


     Engagement
      & Visibility                   Retention
         with                          Risk
      Leadership                    assessment
                      Outcome
                     and Review
Focus on Your Future
Managing Talent - Key Priorities


                     Transparency
                                     Equipping
      Support in                      talent to
      classifying                   make career
         talent                           &
                                    developmen
                                       t plan


     Engagement
      & Visibility                   Retention
         with                          Risk
      Leadership                    assessment
                      Outcome
                     and Review
Talent Retention – Risk Assessment



   Objective: To equip LMs for proactive engagement & retention of Hipos

   Tool focuses on 9 risk areas; Traffic light scoring – “Low” / “Medium” /
    “High”

   Maximum of 3 “High” risk areas for each Hipo; Each “High” risk area to
    have detailed & agreed risk mitigation plan

   HR to review the retention risk associated with “Hipo – LM relationship”
    post LM assessment
Risk Assessment Areas

           Low             Medium            High
                         Role Clarity

                        Role Challenge
  R                  Work Life Balance              R
  I                                                 I
  S              Development Opportunities          S
  K                                                 K
                         Recognition
  A                                                 A
  R              Career Growth/ Promotion           R
  E                                                 E
  A                     Compensation                A
  S                                                 S
                          Personal

                 Relationship with Manager

                       RISK INDICATORS
                    RISK INDICATOR
Risk Assessment tool


                                                                                    Relation
             Job Related Factors                         Career
                                      Develo                                          ship
                                                         Growth   Compen    Perso
                                      pment     Recog                                with
                                                            /      sation    nal
        Role       Role    Worklife   Opport    nition                                the
                                                         Promot
       clarity   Challenge Balance    unities                                       manage
                                                           ion
                                                                                        r
Hipo
         M          L          L        L         L        M        H        L         M
 1
Hipo
         L          L          L        M         M        L        L        H         L
 2
Hipo
         M          M          L        L         L        L        M        L         L
 3
Hipo
         L          H          L        H         L        L        L        M         L
 4
Hipo
         L          L          M        L         H        H        L        L         H
 5
Risk Assessment – Mitigation Plan


   High Risk                           Recommended                    Target
               Why is it a risk area                 Responsibility
     Areas                                actions                      date
Managing Talent - Key Priorities


                     Transparency
                                     Equipping
      Support in                      talent to
      classifying                   make career
         talent                           &
                                    developmen
                                       t plan



    Outcome                          Retention
   and Review                          Risk
                                    assessment
                    Engagement
                     & Visibility
                        with
                     Leadership
Power of Leadership & Power of Perspectives

                 The thought of this series is appreciated
                  most, where MANCO members share
                 their experiences and leadership styles
                            with future leaders


                  It proved out to be a very inspirational
                  session and raised my self-confidence
                          level hearing him speak


                      The session was excellent and
                               conducive.


                  The talk was based solely on personal
                  experiences and amply illustrated with
                  real stories. Zero theory and 100 % of
                       practical knowledge sharing.


                  How to convert challenges into positive
                  energy and take it as an opportunity to
                      learn and grow in life was well
                        demonstrated in the lecture
Engagement with Senior Leadership

    “Power of Leadership” and “Power of Perspectives”

  • To build Leadership Capability through inspirational & practical
  experiences
  • To encourage “Learning from others” – 20% under balanced
  development framework
  • To expose our talent to different perspectives and help them
  assimilate knowledge on various relevant topics from experts
  outside
  • To increase networking with Senior Leaders & fellow high
  potential employees
  • To foster Learning and enhance engagement
Managing Talent - Key Priorities


                     Transparency
                                      Equipping
       Support in                      talent to
       classifying                   make career
          talent                           &
                                     developmen
                                        t plan


    Outcome                           Retention
   and Review                           Risk
                                     assessment
                     Engagement
                      & Visibility
                         with
                      Leadership
Talent Review

   Dedicated Quarterly Talent Forum with Country Senior Management to
    review the talent agenda, progress and career progression of key
    talents

   Talent metrics in people scorecard is reviewed monthly by leadership
    team on attrition and the number of high potential talent in the same role
    for more than 24 months

   Half yearly forum on succession plan to review the development of high
    potential successors for the identified roles
THANK YOU




            69

Más contenido relacionado

La actualidad más candente

Conference information brochure July 2011
Conference information brochure   July 2011Conference information brochure   July 2011
Conference information brochure July 2011Imran Ahmed Jafri
 
Web tek labs profile v2.3
Web tek labs profile v2.3Web tek labs profile v2.3
Web tek labs profile v2.3Mitesh Bhatia
 
Vijay Anand - Intuit India. Best Workplaces Conference- August 2012
Vijay Anand - Intuit India. Best Workplaces Conference- August 2012Vijay Anand - Intuit India. Best Workplaces Conference- August 2012
Vijay Anand - Intuit India. Best Workplaces Conference- August 2012Best Workplaces Conference
 
Psf innovation topline 2013
Psf innovation topline 2013Psf innovation topline 2013
Psf innovation topline 2013Andrew Dietz
 
OHUG 2012- Chesapeake Energy
OHUG 2012- Chesapeake EnergyOHUG 2012- Chesapeake Energy
OHUG 2012- Chesapeake EnergyApexIT_Help_Desk
 
Ibf presentation
Ibf presentationIbf presentation
Ibf presentationLora Cecere
 
Emc - Journey to the Cloud - Business Agility Seminar
Emc - Journey to the Cloud - Business Agility SeminarEmc - Journey to the Cloud - Business Agility Seminar
Emc - Journey to the Cloud - Business Agility SeminarExponential_e
 
SiTOS Overview
SiTOS OverviewSiTOS Overview
SiTOS OverviewTVSi
 
Amelias li100 meet your group by location
Amelias li100 meet your group by locationAmelias li100 meet your group by location
Amelias li100 meet your group by locationachuiexo
 
Recruitment Solution I Rims Technologies
Recruitment Solution I Rims TechnologiesRecruitment Solution I Rims Technologies
Recruitment Solution I Rims Technologiesirimstechnology
 
Dallas Wicersoft Introduction 2012
Dallas Wicersoft Introduction 2012Dallas Wicersoft Introduction 2012
Dallas Wicersoft Introduction 2012Vicki Middleton
 
Avnet Analyst Day 2010 Presentation 2 Path to Premier
Avnet Analyst Day 2010 Presentation 2 Path to PremierAvnet Analyst Day 2010 Presentation 2 Path to Premier
Avnet Analyst Day 2010 Presentation 2 Path to PremierAvnet Electronics Marketing
 
Recruitment solution i rims-p_technologies
Recruitment solution i rims-p_technologiesRecruitment solution i rims-p_technologies
Recruitment solution i rims-p_technologiesirimstechnology
 
Enterey Overview 2012 V5
Enterey Overview 2012 V5Enterey Overview 2012 V5
Enterey Overview 2012 V5rjohnston2268
 
MT115 : Introduction
MT115 : IntroductionMT115 : Introduction
MT115 : IntroductionLee Schlenker
 
Acesoft Brochure July011
Acesoft Brochure July011Acesoft Brochure July011
Acesoft Brochure July011ggurudev
 
"Information needs for the lean organization" by Jean Cunningham
"Information needs for the lean organization" by Jean Cunningham"Information needs for the lean organization" by Jean Cunningham
"Information needs for the lean organization" by Jean CunninghamOperae Partners
 

La actualidad más candente (20)

Conference information brochure July 2011
Conference information brochure   July 2011Conference information brochure   July 2011
Conference information brochure July 2011
 
Web tek labs profile v2.3
Web tek labs profile v2.3Web tek labs profile v2.3
Web tek labs profile v2.3
 
Impression company profile
Impression company profile Impression company profile
Impression company profile
 
Vijay Anand - Intuit India. Best Workplaces Conference- August 2012
Vijay Anand - Intuit India. Best Workplaces Conference- August 2012Vijay Anand - Intuit India. Best Workplaces Conference- August 2012
Vijay Anand - Intuit India. Best Workplaces Conference- August 2012
 
Psf innovation topline 2013
Psf innovation topline 2013Psf innovation topline 2013
Psf innovation topline 2013
 
OHUG 2012- Chesapeake Energy
OHUG 2012- Chesapeake EnergyOHUG 2012- Chesapeake Energy
OHUG 2012- Chesapeake Energy
 
Ibf presentation
Ibf presentationIbf presentation
Ibf presentation
 
Emc - Journey to the Cloud - Business Agility Seminar
Emc - Journey to the Cloud - Business Agility SeminarEmc - Journey to the Cloud - Business Agility Seminar
Emc - Journey to the Cloud - Business Agility Seminar
 
Emc expoesymposium
Emc expoesymposiumEmc expoesymposium
Emc expoesymposium
 
What is Business Value?
What is Business Value?What is Business Value?
What is Business Value?
 
SiTOS Overview
SiTOS OverviewSiTOS Overview
SiTOS Overview
 
Amelias li100 meet your group by location
Amelias li100 meet your group by locationAmelias li100 meet your group by location
Amelias li100 meet your group by location
 
Recruitment Solution I Rims Technologies
Recruitment Solution I Rims TechnologiesRecruitment Solution I Rims Technologies
Recruitment Solution I Rims Technologies
 
Dallas Wicersoft Introduction 2012
Dallas Wicersoft Introduction 2012Dallas Wicersoft Introduction 2012
Dallas Wicersoft Introduction 2012
 
Avnet Analyst Day 2010 Presentation 2 Path to Premier
Avnet Analyst Day 2010 Presentation 2 Path to PremierAvnet Analyst Day 2010 Presentation 2 Path to Premier
Avnet Analyst Day 2010 Presentation 2 Path to Premier
 
Recruitment solution i rims-p_technologies
Recruitment solution i rims-p_technologiesRecruitment solution i rims-p_technologies
Recruitment solution i rims-p_technologies
 
Enterey Overview 2012 V5
Enterey Overview 2012 V5Enterey Overview 2012 V5
Enterey Overview 2012 V5
 
MT115 : Introduction
MT115 : IntroductionMT115 : Introduction
MT115 : Introduction
 
Acesoft Brochure July011
Acesoft Brochure July011Acesoft Brochure July011
Acesoft Brochure July011
 
"Information needs for the lean organization" by Jean Cunningham
"Information needs for the lean organization" by Jean Cunningham"Information needs for the lean organization" by Jean Cunningham
"Information needs for the lean organization" by Jean Cunningham
 

Similar a Scope International

SOD Technologies Reviews Cochin India
SOD Technologies Reviews Cochin IndiaSOD Technologies Reviews Cochin India
SOD Technologies Reviews Cochin Indiasodtechnologiesindia
 
Simulation games a new way(v3.0)
Simulation games   a new way(v3.0)Simulation games   a new way(v3.0)
Simulation games a new way(v3.0)Ganesh S
 
Nextgen social media presentation oct2012 20121004 final
Nextgen social media presentation oct2012   20121004 finalNextgen social media presentation oct2012   20121004 final
Nextgen social media presentation oct2012 20121004 finalSymphony3
 
Managed Services
Managed ServicesManaged Services
Managed ServicesVenkat J
 
Client compass 1.4
Client compass 1.4Client compass 1.4
Client compass 1.4kkiyer
 
Pentaho Business Analytics for ISVs and SaaS providers in healthcare
Pentaho Business Analytics for ISVs and SaaS providers in healthcarePentaho Business Analytics for ISVs and SaaS providers in healthcare
Pentaho Business Analytics for ISVs and SaaS providers in healthcarePentaho
 
Making Your Business More Social
Making Your Business More SocialMaking Your Business More Social
Making Your Business More SocialSymphony3
 
Intuit Transforms HR - HR Technology Conference 2011
Intuit Transforms HR - HR Technology Conference 2011Intuit Transforms HR - HR Technology Conference 2011
Intuit Transforms HR - HR Technology Conference 2011Workday
 
Social Media and the horticulture industry
Social Media and the horticulture industrySocial Media and the horticulture industry
Social Media and the horticulture industrySymphony3
 
Mmix Presentation Training 2010 V1
Mmix Presentation Training 2010 V1Mmix Presentation Training 2010 V1
Mmix Presentation Training 2010 V1askrafi
 
BCSG Overview
BCSG Overview BCSG Overview
BCSG Overview Paul Wenck
 
Guiding Principles for Mobile Payment Readiness
Guiding Principles for Mobile Payment ReadinessGuiding Principles for Mobile Payment Readiness
Guiding Principles for Mobile Payment ReadinessPerficient, Inc.
 
Ikya Corporate Overview
Ikya Corporate OverviewIkya Corporate Overview
Ikya Corporate OverviewLaikar
 
Why good social internal comms creates social external comms
Why good social internal comms creates social external commsWhy good social internal comms creates social external comms
Why good social internal comms creates social external commsCapgemini
 
In Genius Solutions
In Genius SolutionsIn Genius Solutions
In Genius Solutionsfrankmuzzi
 
Kvp Corporate Presentation 2012
Kvp Corporate Presentation 2012Kvp Corporate Presentation 2012
Kvp Corporate Presentation 2012Nripendra Tamang
 
Kvp Corporatepresentation 2012
Kvp Corporatepresentation 2012Kvp Corporatepresentation 2012
Kvp Corporatepresentation 2012robinthimmaiah
 
KVP Corporate presentation-2012
KVP Corporate presentation-2012KVP Corporate presentation-2012
KVP Corporate presentation-2012Nripendra Tamang
 
Kvp Corporatepresentation 2012
Kvp Corporatepresentation 2012Kvp Corporatepresentation 2012
Kvp Corporatepresentation 2012robinthimmaiah
 

Similar a Scope International (20)

SolomoIndia
SolomoIndiaSolomoIndia
SolomoIndia
 
SOD Technologies Reviews Cochin India
SOD Technologies Reviews Cochin IndiaSOD Technologies Reviews Cochin India
SOD Technologies Reviews Cochin India
 
Simulation games a new way(v3.0)
Simulation games   a new way(v3.0)Simulation games   a new way(v3.0)
Simulation games a new way(v3.0)
 
Nextgen social media presentation oct2012 20121004 final
Nextgen social media presentation oct2012   20121004 finalNextgen social media presentation oct2012   20121004 final
Nextgen social media presentation oct2012 20121004 final
 
Managed Services
Managed ServicesManaged Services
Managed Services
 
Client compass 1.4
Client compass 1.4Client compass 1.4
Client compass 1.4
 
Pentaho Business Analytics for ISVs and SaaS providers in healthcare
Pentaho Business Analytics for ISVs and SaaS providers in healthcarePentaho Business Analytics for ISVs and SaaS providers in healthcare
Pentaho Business Analytics for ISVs and SaaS providers in healthcare
 
Making Your Business More Social
Making Your Business More SocialMaking Your Business More Social
Making Your Business More Social
 
Intuit Transforms HR - HR Technology Conference 2011
Intuit Transforms HR - HR Technology Conference 2011Intuit Transforms HR - HR Technology Conference 2011
Intuit Transforms HR - HR Technology Conference 2011
 
Social Media and the horticulture industry
Social Media and the horticulture industrySocial Media and the horticulture industry
Social Media and the horticulture industry
 
Mmix Presentation Training 2010 V1
Mmix Presentation Training 2010 V1Mmix Presentation Training 2010 V1
Mmix Presentation Training 2010 V1
 
BCSG Overview
BCSG Overview BCSG Overview
BCSG Overview
 
Guiding Principles for Mobile Payment Readiness
Guiding Principles for Mobile Payment ReadinessGuiding Principles for Mobile Payment Readiness
Guiding Principles for Mobile Payment Readiness
 
Ikya Corporate Overview
Ikya Corporate OverviewIkya Corporate Overview
Ikya Corporate Overview
 
Why good social internal comms creates social external comms
Why good social internal comms creates social external commsWhy good social internal comms creates social external comms
Why good social internal comms creates social external comms
 
In Genius Solutions
In Genius SolutionsIn Genius Solutions
In Genius Solutions
 
Kvp Corporate Presentation 2012
Kvp Corporate Presentation 2012Kvp Corporate Presentation 2012
Kvp Corporate Presentation 2012
 
Kvp Corporatepresentation 2012
Kvp Corporatepresentation 2012Kvp Corporatepresentation 2012
Kvp Corporatepresentation 2012
 
KVP Corporate presentation-2012
KVP Corporate presentation-2012KVP Corporate presentation-2012
KVP Corporate presentation-2012
 
Kvp Corporatepresentation 2012
Kvp Corporatepresentation 2012Kvp Corporatepresentation 2012
Kvp Corporatepresentation 2012
 

Más de Best Workplaces Conference

Make My Trip- Case study presentation #2- Best Workplaces Conferences- August...
Make My Trip- Case study presentation #2- Best Workplaces Conferences- August...Make My Trip- Case study presentation #2- Best Workplaces Conferences- August...
Make My Trip- Case study presentation #2- Best Workplaces Conferences- August...Best Workplaces Conference
 
Mindtree case study presentation- Best Workplaces Conferece
Mindtree case study presentation- Best Workplaces ConfereceMindtree case study presentation- Best Workplaces Conferece
Mindtree case study presentation- Best Workplaces ConfereceBest Workplaces Conference
 
Sanjay Rishi - Ceo Speak - Best Workplaces Conference August 2012
Sanjay Rishi - Ceo Speak - Best Workplaces Conference August 2012Sanjay Rishi - Ceo Speak - Best Workplaces Conference August 2012
Sanjay Rishi - Ceo Speak - Best Workplaces Conference August 2012Best Workplaces Conference
 
V. R. Ferose - Managing Director, SAP Labs India- Best Workplaces Conference,...
V. R. Ferose - Managing Director, SAP Labs India- Best Workplaces Conference,...V. R. Ferose - Managing Director, SAP Labs India- Best Workplaces Conference,...
V. R. Ferose - Managing Director, SAP Labs India- Best Workplaces Conference,...Best Workplaces Conference
 
Make My Trip Case Study Presentation- Mumbai, August 2012
Make My Trip Case Study Presentation- Mumbai, August 2012Make My Trip Case Study Presentation- Mumbai, August 2012
Make My Trip Case Study Presentation- Mumbai, August 2012Best Workplaces Conference
 
Samit Ghosh on ' How creating a Great Workplace' has changed him - Mumbai, Au...
Samit Ghosh on ' How creating a Great Workplace' has changed him - Mumbai, Au...Samit Ghosh on ' How creating a Great Workplace' has changed him - Mumbai, Au...
Samit Ghosh on ' How creating a Great Workplace' has changed him - Mumbai, Au...Best Workplaces Conference
 
Qualcomm- Case Study presentation, Mumbai August 2012
Qualcomm- Case Study presentation, Mumbai August 2012Qualcomm- Case Study presentation, Mumbai August 2012
Qualcomm- Case Study presentation, Mumbai August 2012Best Workplaces Conference
 
TPG Software (erstwhile Brickred Technologies)
TPG Software (erstwhile Brickred Technologies)TPG Software (erstwhile Brickred Technologies)
TPG Software (erstwhile Brickred Technologies)Best Workplaces Conference
 

Más de Best Workplaces Conference (20)

Make My Trip- Case study presentation #2- Best Workplaces Conferences- August...
Make My Trip- Case study presentation #2- Best Workplaces Conferences- August...Make My Trip- Case study presentation #2- Best Workplaces Conferences- August...
Make My Trip- Case study presentation #2- Best Workplaces Conferences- August...
 
Mindtree case study presentation- Best Workplaces Conferece
Mindtree case study presentation- Best Workplaces ConfereceMindtree case study presentation- Best Workplaces Conferece
Mindtree case study presentation- Best Workplaces Conferece
 
Sanjay Rishi - Ceo Speak - Best Workplaces Conference August 2012
Sanjay Rishi - Ceo Speak - Best Workplaces Conference August 2012Sanjay Rishi - Ceo Speak - Best Workplaces Conference August 2012
Sanjay Rishi - Ceo Speak - Best Workplaces Conference August 2012
 
V. R. Ferose - Managing Director, SAP Labs India- Best Workplaces Conference,...
V. R. Ferose - Managing Director, SAP Labs India- Best Workplaces Conference,...V. R. Ferose - Managing Director, SAP Labs India- Best Workplaces Conference,...
V. R. Ferose - Managing Director, SAP Labs India- Best Workplaces Conference,...
 
Make my trip, final, bd version
Make my trip, final, bd versionMake my trip, final, bd version
Make my trip, final, bd version
 
My story as ceo (ajay kaul)
My story as ceo (ajay kaul)My story as ceo (ajay kaul)
My story as ceo (ajay kaul)
 
Patu Keswani - Founder, Lemon Tree Hotels
Patu Keswani - Founder, Lemon Tree HotelsPatu Keswani - Founder, Lemon Tree Hotels
Patu Keswani - Founder, Lemon Tree Hotels
 
Godrej Industries - August 2012
Godrej Industries - August 2012Godrej Industries - August 2012
Godrej Industries - August 2012
 
Arvind Brands and Retail- August 2012
Arvind Brands and Retail- August 2012Arvind Brands and Retail- August 2012
Arvind Brands and Retail- August 2012
 
Make My Trip Case Study Presentation- Mumbai, August 2012
Make My Trip Case Study Presentation- Mumbai, August 2012Make My Trip Case Study Presentation- Mumbai, August 2012
Make My Trip Case Study Presentation- Mumbai, August 2012
 
Samit Ghosh on ' How creating a Great Workplace' has changed him - Mumbai, Au...
Samit Ghosh on ' How creating a Great Workplace' has changed him - Mumbai, Au...Samit Ghosh on ' How creating a Great Workplace' has changed him - Mumbai, Au...
Samit Ghosh on ' How creating a Great Workplace' has changed him - Mumbai, Au...
 
Qualcomm- Case Study presentation, Mumbai August 2012
Qualcomm- Case Study presentation, Mumbai August 2012Qualcomm- Case Study presentation, Mumbai August 2012
Qualcomm- Case Study presentation, Mumbai August 2012
 
TPG Software- Rewards and Recognition
TPG Software- Rewards and RecognitionTPG Software- Rewards and Recognition
TPG Software- Rewards and Recognition
 
Aditi Technologies
Aditi TechnologiesAditi Technologies
Aditi Technologies
 
Sap labs
Sap labsSap labs
Sap labs
 
American Express
American ExpressAmerican Express
American Express
 
TPG Software (erstwhile Brickred Technologies)
TPG Software (erstwhile Brickred Technologies)TPG Software (erstwhile Brickred Technologies)
TPG Software (erstwhile Brickred Technologies)
 
Reliance Commercial Finance
Reliance Commercial FinanceReliance Commercial Finance
Reliance Commercial Finance
 
Music Broadcast- Radio City
Music Broadcast- Radio CityMusic Broadcast- Radio City
Music Broadcast- Radio City
 
JM Financial Services
JM Financial ServicesJM Financial Services
JM Financial Services
 

Último

FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607dollysharma2066
 
2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis Usage2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis UsageNeil Kimberley
 
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdfNewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdfKhaled Al Awadi
 
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City GurgaonCall Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaoncallgirls2057
 
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort ServiceCall US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Servicecallgirls2057
 
IoT Insurance Observatory: summary 2024
IoT Insurance Observatory:  summary 2024IoT Insurance Observatory:  summary 2024
IoT Insurance Observatory: summary 2024Matteo Carbone
 
Organizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessOrganizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessSeta Wicaksana
 
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfIntro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfpollardmorgan
 
Call Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / Ncr
Call Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / NcrCall Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / Ncr
Call Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / Ncrdollysharma2066
 
Annual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesAnnual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesKeppelCorporation
 
Memorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMMemorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMVoces Mineras
 
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCRashishs7044
 
Islamabad Escorts | Call 03070433345 | Escort Service in Islamabad
Islamabad Escorts | Call 03070433345 | Escort Service in IslamabadIslamabad Escorts | Call 03070433345 | Escort Service in Islamabad
Islamabad Escorts | Call 03070433345 | Escort Service in IslamabadAyesha Khan
 
Innovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfInnovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfrichard876048
 
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCRashishs7044
 
APRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdfAPRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdfRbc Rbcua
 

Último (20)

FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
 
2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis Usage2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis Usage
 
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdfNewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
 
No-1 Call Girls In Goa 93193 VIP 73153 Escort service In North Goa Panaji, Ca...
No-1 Call Girls In Goa 93193 VIP 73153 Escort service In North Goa Panaji, Ca...No-1 Call Girls In Goa 93193 VIP 73153 Escort service In North Goa Panaji, Ca...
No-1 Call Girls In Goa 93193 VIP 73153 Escort service In North Goa Panaji, Ca...
 
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City GurgaonCall Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
 
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort ServiceCall US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
 
IoT Insurance Observatory: summary 2024
IoT Insurance Observatory:  summary 2024IoT Insurance Observatory:  summary 2024
IoT Insurance Observatory: summary 2024
 
Organizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessOrganizational Structure Running A Successful Business
Organizational Structure Running A Successful Business
 
Call Us ➥9319373153▻Call Girls In North Goa
Call Us ➥9319373153▻Call Girls In North GoaCall Us ➥9319373153▻Call Girls In North Goa
Call Us ➥9319373153▻Call Girls In North Goa
 
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfIntro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
 
Call Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / Ncr
Call Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / NcrCall Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / Ncr
Call Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / Ncr
 
Annual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesAnnual General Meeting Presentation Slides
Annual General Meeting Presentation Slides
 
Memorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMMemorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQM
 
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
 
Islamabad Escorts | Call 03070433345 | Escort Service in Islamabad
Islamabad Escorts | Call 03070433345 | Escort Service in IslamabadIslamabad Escorts | Call 03070433345 | Escort Service in Islamabad
Islamabad Escorts | Call 03070433345 | Escort Service in Islamabad
 
Innovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfInnovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdf
 
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
 
APRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdfAPRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdf
 
Enjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCR
Enjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCREnjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCR
Enjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCR
 
Japan IT Week 2024 Brochure by 47Billion (English)
Japan IT Week 2024 Brochure by 47Billion (English)Japan IT Week 2024 Brochure by 47Billion (English)
Japan IT Week 2024 Brochure by 47Billion (English)
 

Scope International

  • 1. Scope International Top 10 Best Company to Work For 2011 Great Places to Work Learning Conference, Bangalore July 15, 2011 1
  • 2. About us 125 Nationalities Footprint 75 1,700+ 80,000 countries branches employees Business verticals Consumer Wholesale Group Tech & Banking Banking Operations Key markets Asia Africa Middle East Performance Highlights (End 2010) USD 16bn USD 6bn 197.0 cents History of over 150 years in Banking Income Profit EPS
  • 3. Global Shared Service Centres (GSSCs) - Scope International (The Right Partner) • Shared Services Centres in India, KL and China; largest Hub in India •13000 staff across Chennai, KL & China hubs •Support over 14 million customers across 70+ countries • Annual cost savings over USD 100 million Technology Human Resources Shared Finance Shared Services Global Customer Care Consumer Banking Wholesale Banking Services Centre Technology Operations Operations Operations Software Solutions Securities Solution Centre IT Service Centre Group
  • 4. Our Experience  Practice 1 : Driving Performance through Engagement  Practice2 : Embedding a culture of Performance Management  Practice 3 : Growing and Retaining Top Talent 4
  • 5. Movement of Scope’s GrandMean and Follow-Through scores 5.00 Scope Int Pvt. Ltd. GrandMean 4.80 Scope Int Pvt. Ltd. Follow-Through 4.60 4.40 4.22 4.20 3.98 3.96 4.00 4.09 3.80 3.79 3.81 3.60 3.40 3.20 3.00 2008 2009 2010 Copyright © 2010 Gallup, Inc. All rights reserved. 5
  • 6. Driving Performance through Engagement  The Gallup Q12 model – Engagement and Business performance – The model – The Q12 questions  Scope‟s journey – The phases of implementation – The movement in scores – What has worked for us  3 dilemmas 6
  • 7. What is employee engagement? “Employees willingness and ability to contribute to company success … the extent to which employees put discretionary effort into their work, in the form of extra time, brainpower and energy” Towers Perrin (2003) Employees are engaged when they: •Speak positively about the organization to co-workers, potential employees and customers, •Have an intense desire to be a member of the organization, and •Exert extra effort and are dedicated to doing the very best job possible to contribute to the organization's business success. Aon Hewitt 7
  • 8. Engagement – Strongly linked to Business Performance STOCK REAL PROFIT INCREASE To INCREASE Profitability Drives Market Value reliably Sustainable Growth Drives Profitability influence SUSTAINABLE GROWTH these ... Engaged Customers Drive Sustainable Growth ENGAGED CUSTOMERS ENGAGED EMPLOYEES ... these Engaged Employees Drive Customer Engagement must be ENTER GREAT managed. HERE The Right People in the Right Roles with the Right Managers Drive Employee Engagement MANAGERS IDENTIFY STRENGTHS THE RIGHT FIT 8 8
  • 9. Gallup Q12 questions - framework  Gallup's employee engagement work is based on more than 30 years of in-depth behavioral economic research involving more than 17 million employees. This research has appeared in prestigious business and scientific publications, including the Journal of Applied Psychology and the Harvard Business Review. Through rigorous research, Gallup has identified 12 core elements -- the Q12 -- that link powerfully to key business outcomes. These 12 statements emerged as those that best predict employee and workgroup performance. 9
  • 10. Gallup Q12 questions • Opportunity to learn and grow (Overall Growth) • Progress in last six months How Nurturing can we all Celebrating • Best friend grow? • Coworkers committed to quality Inspiring • Mission/Purpose of company Do I belong? Speaking • My opinions count (Teamwork) Listening • Encourages development • Supervisor/Someone at work cares Caring • Recognition in last seven days What do I give? Thanking • Do what I do best every day (Management Support) Sharing • Materials and equipment • I know what is expected What do I get? Hiring and Welcoming of me at work (Basic Needs) Our Q12 based engagement programme has been a powerful differentiator, helping us to measure and grow as a Great Place to Work. 10
  • 11. Impact Planning: five step model 1 2 Set the scene Capture reactions . Why? Because the better you can set the . Why? To fully capture the team’s reactions scene, the better your team will be able to to their scorecard, and start a useful have a constructive discussion conversation What? Get people focused, talking, relaxed What? Flipchart whatever the team notice in thinking positively their scorecard 5 Agree actions 3 Identify big issues Why?.Because improvement requires . Why? To see clearly what important patterns clarity about what we can do and why we’re or issues are in the teams’ reactions to the doing it scorecard What? Prioritising ideas, then being clear What? Summarise the team’s reactions and about what will be done, by who and when vote for the 1 – 3 most important issues 4 Explore specifics . To understand the detail – good and Why? bad – that is underneath the issues What? Identify strengths and weaknesses, as one team, or in small groups and then share with the whole team 11
  • 12. To sum up : Employee engagement is an ongoing process 2010 2010 2010-2011 Aug - Sept Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sept __Mi Q12 Q12 TEAM ACTION & d TEAM Q12 Survey Finalise impact planning REVIEWS year ACTIO 2011 Reports survey revie N w  Employee engagement drives performance & increases retention of talent  Improving Q12 results is a strategy that drives business outcomes  The employee engagement process is designed to initiate discussion and action towards improving the teams working environment  Attention is on behaviours, dialogue and action, rather than numbers  Effective impact planning and follow through increases engagement  Managers are the key in building employee engagement through leading by example 12
  • 13. Driving Performance through Engagement  The Gallup Q12 model – Engagement and Business performance – The model – The Q12 questions  Scope’s journey – The phases of implementation – The movement in scores – What has worked for us  3 dilemmas 13
  • 14. Our Journey to-date Linking engagement to performance 2010 Leveraging the model A segmented Engagement 2008 approach to scores linked Institutionalizing support Managers : to individual Impact Planning : Focus on embedding as a key Interventions performance People Manager job objective customised based on Low scoring Great Manager Programme : 4 module training for engagement level managers are Managers category placed on 2006 Training HRRMs as development Early Phase expert facilitators : plans Gallup training on Metricised Awareness of the Q12 survey : State of Team objectives for Educating employees and analysis People managers managers Great Manager Building Participation levels : Awards : Leveraging the online tool Pre Celebrating and learning from Great 2006 Managers 14
  • 15. Movement of Scope’s GrandMean and Follow-Through scores 5.00 Scope Int Pvt. Ltd. GrandMean 4.80 Scope Int Pvt. Ltd. Follow-Through 4.60 4.40 4.22 4.20 3.98 3.96 4.00 4.09 3.80 3.79 3.81 3.60 3.40 3.20 3.00 2008 2009 2010 Copyright © 2010 Gallup, Inc. All rights reserved. 15
  • 16. What has worked for us ? Direct and visible involvement of senior leadership Setting aspirational goals Greater inclusiveness (For the Employees – By the Employees) Orienting all new staff including new managers on engagement philosophy and concept Strong coaching and facilitation by business HR Planned initiatives spread across the year – pan GSSC and unit specific Strongly leveraging internal champions Strengthening the listening process to continuously challenge and improve Segmented approach to support line managers Copyright © 2010 Gallup, Inc. All rights reserved. 16
  • 17. Segmenting support for managers Bottom quartile Second quartile Third quartile Top quartile (under 25th %ile) (25th – 50th %ile) (50th – 75th %ile) (over 75th %ile) EVALUATE EDUCATE ENCOURAGE ESTEEM HR support  Coach managers in having  Build interaction with upper quartile  State of the Team coaching  State of the Team discussion frequent, one to one discussions managers, e.g. Engagement discussion focusing on „Good to Great‟ and on the basics of management Coaches  Coach on facilitating great discussions identifying what makes them and engagement  Discuss outputs of engagement to build engagement OR facilitate the successful  Agree personal action plan to planning discussions, and how to discussion  Coach around feedback loops build capability in the basics of refresh the action plan  Coach on improving outputs of Coach management  Build linkage with business engagement planning discussions,  Review success in building performance goals and drivers and how to use feedback loops to management capability  Coaching around „the basics of refresh the action plan management‟  Build linkage with business performance goals and drivers  Facilitate engagement  Facilitate engagement discussions As needed As needed Facilitate discussions / „impact planning‟ / „impact planning‟ – using  Facilitate engagement reviews business priorities as why to have throughout the year the discussion Other  Conversations that Count  Conversations that Count booklets  Attend relevant transition  Attend relevant transition booklets  Know, Focus, Care, Inspire Management Development Management Development support  Know, Focus, Care, Inspire awareness workshop Programmes as identified by Programme as identified by available awareness workshop  Attend relevant Great Manager responsible Talent Manager responsible Talent Manager  Attend relevant Great Manager Programme workshops  Manager Springboard Workshop –  Become Engagement Programme workshops From Surviving to Thriving Champions & e.g. chair best  Build interaction with upper quartile practice sessions, review 2nd / managers 3rd quartile managers‟ actions  Selected basic elements of the GMP and progress to address weaker areas, e.g.  Reward and recognise as for workshops and Conversations that great business performance – Count booklets celebrate success  Attend relevant Great Manager  Mentoring by role model senior Programme workshops leaders / managers  Recognise, systematically study and publicise best practices  Attend relevant Great Manager Programme workshops 17
  • 18. Driving Performance through Engagement  The Gallup Q12 model – Engagement and Business performance – The model – The Q12 questions  Scope‟s journey – The phases of implementation – The movement in scores – What has worked for us  3 Hypotheses / Dilemmas 18
  • 19. 3 Hypotheses / Dilemmas  Higher engagement leads to higher retention, productivity, service quality etc.  Managers always adopt fair and ethical means to improve team engagement  Consequence Management improves / promotes engagement 19
  • 20. Embedding a culture of Performance Management  P3 (Performance, Potential and Pay) : The elements are familiar  A look at the outcomes  What makes it different ?  Common challenges / our approach 20
  • 22. Key Features Year round activity Well integrated with HR processes Talent Employee Management Engagement and Career Progression P3 (Performance, Pay, Potential) Rewards Learning & Development Strong Performance Robust Processes for Differentiation / fairness / objectivity Linkage with reward 22
  • 23. Our performance and values rating scales Making rating decisions means…”what” and “how” Performance Values 1 rating means the employee has A. rating means the employee role models demonstrated consistently exceptional living the values performance B. rating means the employee almost 2 rating means the employee has always lives the values demonstrated very good performance C. rating means the employee generally against stretching objectives lives the values 3 rating means the employee has D. rating means the employee sometimes demonstrated good performance lives the values against stretching objectives E. rating means the employee fails to live 4 rating means that improvement is the values required 5 rating means the employee has demonstrated unacceptable performance 23
  • 24. Embedding a culture of Performance Management  P3 (Performance, Potential and Pay) : The elements are familiar  What makes it different ?  Common challenges / our approach 24
  • 25. Implementation Focus 1 Empowering Devolving accountability : role in performance P3 Managers rating decisions Empowering managers : access to market data and role in reward decisions 2 P Performance Management Training focussed on Training managers and appraisees Leveraging on technology R O 3 Creative year-round communication Transparency & C Sharing of decisions and outcomes Communication E 4  Extensive involvement and time commitment of S Close senior leadership through-out the process - Communication S participation - Detailed 2 stage-levelling - Case-by-case review of Hipos / Exceptions / Poor of leadership performers - Escalations and post P3 feedback 25
  • 26. Empowering Managers  High level of inclusion and participation of line managers  Proposing Managers include all managers with one or more reportees, regardless of organisation level  Managers propose ratings and reward of team members  They are given full access to relevant market benchmark compensation, past performance ratings and stakeholder feedback to enable informed decisioning  Empowerment done in stages to ensure training and sensitization to adequately equip young managers Year Proposing Managers Managers with teams Empowered 2007 249 902 28% 2008 659 1135 58% 2009 1057 1057 100% 26
  • 27. Training : What is in it for me ?  Intensive training for Managers on how to have a good performance conversation, coach employees, manage high performance teams  Values workshops for translating values into visible day to day behaviours  Training to identify talent  Training on how to discuss compensation decisions  Training from an appraisee’s perspective  Systems (P3 tool) training on the shop-floor 27
  • 28. Tools Unlimited e-learning Webinar Presentation Checklists, FAQs, Podcasts… a wide range of solutions to suit varying needs 28
  • 29. Transparency and Communication  Communication is used as a powerful tool to: – Inform with transparency – Bring alignment in understanding the key drivers – Elicit feedback and – Drive compliance 29
  • 30. Transparency and Communication  End to end intensive communication plan  Active participation of CEO and his MANCO members  Multiple vehicles : – SharePoint (dedicated P3 site) to host e-learning / guidelines / FAQs / podcasts – Town-halls for communicating broader P3 messages / environmental context and sustaining engagement – Shop-floor messaging through floor presentations / posters / activities – Corporate-wide creative communications / reminders – Small group briefings e.g.. with senior leadership / people managers  Strong processes for cascaded messaging 30
  • 31. Transparency and Communication Guidelines on Share point accessible to all 31
  • 32. Transparency and Communication Creative Messaging 32
  • 33. Close involvement of leadership  Collective alignment at the start of the cycle  Active, visible participation in communication  Intense and direct involvement in leveling discussions (2 stages)  Consistently drive for fair decisions  Available for open discussions / direct feedback from employees  Champion the philosophy and process by setting the example themselves 33
  • 34. Embedding a culture of Performance Management  P3 (Performance, Potential and Pay) : The elements are familiar  What makes it different ?  A look at the outcomes  Common challenges / our approach 34
  • 35. Common Challenges Sustaining Creating Alignment credibility and trust Ensuring each employee has an engaging performance conversation Differentiating performance and reward Giving away the power 35
  • 36. Creating Alignment Challenges What has worked for us: Aligning • Constant dialoguing at all levels • Business units Leadership / Managers / Employees needs with • Early engagement with stakeholders organizational • Driving consistency of principles but drivers providing room for genuine exceptions • Managers’ • Encouraging compliance to process understanding / through data based MIS wants • Acceptance that this is a journey • Employee rather than a destination expectations 36
  • 37. Creating Alignment A continuous improvement JO SURVEY P3 SURVEY 3 initiative : Coverage: 754 (12%) Coverage: 3698 (58%) Setting Job Objectives / I know what to do Objective assessment of the quality and ASSESSMENT 1. JO REVIEW 2. FGD effectiveness of job OF JO objectives setting. The Coverage: 1122 (18%) Coverage: 292 (5%) framework measures compliance e.g. adherence to timelines; quality e.g. how smart Process Process Process Adherence Quality Effectiveness are the objectives; and effectiveness e.g. do employees know what is JO expected of them at SCORE CARD work? 37
  • 38. Sustaining Credibility and Trust Challenges What has worked for us: Trust in • Strong independent governance by HR • Authenticity • Robust check & balance mechanisms - of process multiple raters, stakeholder feedback, • Market data leveling, escalation process etc. produce • Fairness in upward as well as downward adjustments decision • Use of transparently shared and outcomes consistently applied principles • Creating a culture of Open / Honest / Courageous conversations • Training managers • Taking and acting on feedback from all levels 38
  • 39. The Performance Conversation Challenges What has worked for us: Ensuring • Training managers • Each and • Rigorous communication on the every employee importance of the performance has a conversation performance • Selective focus – Quantity then conversation quality ; select particular dimension for • Consistency focused training e.g. values / and good compensation etc. quality of performance conversation 39
  • 40. The Performance Conversation A continuous improvement initiative : The One Q Survey Introduced in 2007, this has become a simple yet powerful reminder for Managers to ensure that they complete their performance conversations. The survey to all employees asks one Q “ Have you had your performance conversation?”. This enables employees to escalate and be assured of corrective action through HR. Compliance has gone up from 93% to 97%. 40
  • 41. Differentiating Performance & Reward Challenges What has worked for us: • Left skew of • No “force fitting”. However rating distribution distribution is subjected to strong • “Quotas” review not only at an overall • Differentiating organization level, but also performance at  at unit and business level managerial and  across organization levels  separately for new joiners & tenured employees senior levels • Performance linkage built into • Linking reward reward guidelines decisions to • HR ensures healthy challenge performance through independent, data driven reviews 41
  • 42. Well differentiated Performance and Reward Scope Performance Distribution 60.00% 50.00% 40.00% 30.00% 20.00% 10.00% 0.00% 1 2 3 4 5 GSSC 7.80% 34.30% 52.00% 5.60% 0.20% Exceptional Very Good Good Under Performance Performance Performance Performance Salary Increase 1.75 1.42 1.00 0.00 Performance 1.70 1.40 1.00 0.30 Bonus 42
  • 43. Giving away the Power Challenges What has worked for us: • Will Managers • Change managed gradually over a have the required period of time maturity to make • Intensive and continuing awareness balanced building and training decisions? • Managers are empowered and also • How will we held accountable for engagement manage budgets? within their teams • Will access to • Clear communication / setting of sensitive market expectations at each cycle data result in disengagement? 43
  • 44. Growing and Retaining Top Talent  A look at the outcomes  Talent Management framework  What worked for us 44
  • 45. Talent Scorecard Year Year 2009-10 2010-11 % of hipos over eligible population 6.5 8.8 Hipo retention % 91% 95% Number of cross border moves 32 58 % of hipos in same role for more than two years 28% 3% % of hipos featuring in succession plan with 32% 68% immediate readiness % of hipos in special projects 38% 73%
  • 46. The Context The world’s best international bank: Our vision Leading the way in Asia, Africa and the Middle East Deliver superior Continuously Massively Strengthen our Reinforce the Our financial improve the multiply our right partner brand priorities performance way we work leadership relationship with capability regulators and communities Message to BLT: MMOLC Now more than ever we need more leadership, not necessarily more leaders. We need leaders who can make tough decisions, work with their peers across the matrix, those who can inspire and motivate their teams and leaders who can communicate making the complex and uncertain paths clear. Peter Sands Driving Performance through Productivity, Leadership & Engagement
  • 47. Talent Classification P High Potential Under Achiever Coach / Support High O (UA) outstanding performance and align T Provide targeted development plan with E development aspirations and goals N support to improve Critical Resources (CR) for potential new roles performance Develop for broader assignments to Medium T increase their potential or for I outstanding performance Under Performance A (UP) L Focus their Core Contributor (CC) development towards a Develop skills to “mastery” / more suitable role, or leverage them into a role at a manage out similar level Low Unacceptable Good Exceptional P E R F O R M A N C E
  • 48. Talent Identification Criteria SCB Leadership Model Leaders Senior Future Drive to Leading Deliverin Focus Lead People g Results What this means at junior level? People Criteria Technical Criteria Contributors (H4) Individual Learning Agility Commercial Acumen Leadership Potential Business Professionalism 48
  • 49. Current State Assessment and Gaps Identified - Quality of identified talent – high flux in the talent pool during each review - Talent classification not communicated – impact on overall effectiveness - Reactive plan to retain hipos - No planned career moves based on aspirations - Less visibility and exposure of talent with Senior management - No clear linkage to Succession plan - Line managers are not equipped on how to develop and engage Hipos - Business Heads not owning the process - Not Outcome focused
  • 50. Managing Talent - Key Priorities Transparency Orientation of managers Equipping Support in talent to classifying make career talent & developmen t plan Engagement & Visibility Retention with Risk Leadership assessment Outcome and Review
  • 51. Hipo validation tool  To assess and validate the potential of high potential talent objectively and improve the quality of identification  Set of 25 behavioural questions that assesses the frequency of demonstration of behaviours Key features of the tool • Objective assessment H4 validation • Compare the potential tool • Consistency • Reference point for development
  • 52. Managing Talent - Key Priorities Transparency & Orientation of managers Equipping Support in talent to classifying make career talent & developmen t plan Engagement & Visibility Retention with Risk Leadership assessment Outcome and Review
  • 53. Why transparency? Critical Benefits Possible Risks  Critical lever to positively increase  Poorly managed transparency performance and engagement levels discussions with hipos, and non-  Improved, and more effective / targeted hipos development planning  Concern of not having clear  Greater visibility for the „right‟ people development proposition in place  Greater understanding of peoples  Lack of / ineffective guidance and career aspirations, and long term formal support for line managers on career goals the goals, and components of the development offering for hipos  Improved retention of talent pool members  Unclear hipo expectations, in terms of what their mutual obligations are to the organization
  • 54. Managing talent in a changing world – Objectives Define your role as Talent Champion Articulate what is H4 Talent Proposition Make robust Talent Identification  Identify what is best for different staff‟s development, and agree structured ILDP to retain & engage your staff  Understand H4 development framework  Upskill in Transparency & Development Conversation, and dealing with Challenging Conversations
  • 55. Line Managers as Talent Champions
  • 56. H4 Transparency survey • Launched an online survey to track the status of transparency conversation with all H4s • 100% confirmed they know their TC and received one page confidentiality guideline 100% H4s had transparency conversation
  • 57. Managing Talent - Key Priorities Transparency Equipping Support in talent to classifying make career talent & development plan Engagement & Visibility Retention with Risk Leadership assessment Outcome and Review
  • 58. Focus on Your Future
  • 59. Managing Talent - Key Priorities Transparency Equipping Support in talent to classifying make career talent & developmen t plan Engagement & Visibility Retention with Risk Leadership assessment Outcome and Review
  • 60. Talent Retention – Risk Assessment  Objective: To equip LMs for proactive engagement & retention of Hipos  Tool focuses on 9 risk areas; Traffic light scoring – “Low” / “Medium” / “High”  Maximum of 3 “High” risk areas for each Hipo; Each “High” risk area to have detailed & agreed risk mitigation plan  HR to review the retention risk associated with “Hipo – LM relationship” post LM assessment
  • 61. Risk Assessment Areas Low Medium High Role Clarity Role Challenge R Work Life Balance R I I S Development Opportunities S K K Recognition A A R Career Growth/ Promotion R E E A Compensation A S S Personal Relationship with Manager RISK INDICATORS RISK INDICATOR
  • 62. Risk Assessment tool Relation Job Related Factors Career Develo ship Growth Compen Perso pment Recog with / sation nal Role Role Worklife Opport nition the Promot clarity Challenge Balance unities manage ion r Hipo M L L L L M H L M 1 Hipo L L L M M L L H L 2 Hipo M M L L L L M L L 3 Hipo L H L H L L L M L 4 Hipo L L M L H H L L H 5
  • 63. Risk Assessment – Mitigation Plan High Risk Recommended Target Why is it a risk area Responsibility Areas actions date
  • 64. Managing Talent - Key Priorities Transparency Equipping Support in talent to classifying make career talent & developmen t plan Outcome Retention and Review Risk assessment Engagement & Visibility with Leadership
  • 65. Power of Leadership & Power of Perspectives The thought of this series is appreciated most, where MANCO members share their experiences and leadership styles with future leaders It proved out to be a very inspirational session and raised my self-confidence level hearing him speak The session was excellent and conducive. The talk was based solely on personal experiences and amply illustrated with real stories. Zero theory and 100 % of practical knowledge sharing. How to convert challenges into positive energy and take it as an opportunity to learn and grow in life was well demonstrated in the lecture
  • 66. Engagement with Senior Leadership “Power of Leadership” and “Power of Perspectives” • To build Leadership Capability through inspirational & practical experiences • To encourage “Learning from others” – 20% under balanced development framework • To expose our talent to different perspectives and help them assimilate knowledge on various relevant topics from experts outside • To increase networking with Senior Leaders & fellow high potential employees • To foster Learning and enhance engagement
  • 67. Managing Talent - Key Priorities Transparency Equipping Support in talent to classifying make career talent & developmen t plan Outcome Retention and Review Risk assessment Engagement & Visibility with Leadership
  • 68. Talent Review  Dedicated Quarterly Talent Forum with Country Senior Management to review the talent agenda, progress and career progression of key talents  Talent metrics in people scorecard is reviewed monthly by leadership team on attrition and the number of high potential talent in the same role for more than 24 months  Half yearly forum on succession plan to review the development of high potential successors for the identified roles
  • 69. THANK YOU 69