SlideShare una empresa de Scribd logo
1 de 48
HRM &
BIOTECHNOLOGY
ASHWIN - 10
MALVIKA 11
RASHMI - 12
SHILPA - 14
TASVIRUL -
ROUTE
HRM
 PROCESS
 IMPORTANCE
 HRM in BIOTECH
INDUSTRY
 SEEMA BIOTECH
 A-ONE BIOTECH
 COMPARATIVE ANALYSIS
 SUGGESTIONS

HRM
 PROCESS
 IMPORTANCE
 HRM in BIOTECH
INDUSTRY
 SEEMA BIOTECH
 A-ONE BIOTECH
 COMPARATIVE ANALYSIS
 SUGGESTIONS
 CONCLUSION

Human resource management (HRM, or
simply HR) is the management of
an organization's workforce, or human
resources.

It is responsible for the
attraction, selection, training, assessment
, and rewarding of employees, while also
overseeing organizational
leadership and culture, and ensuring
compliance with employment and labor
laws.
The function was initially dominated by
transactional work such
as payroll and benefits administration.
But due to:





Globalization,
Company consolidation.
Technological advancement.
Further research,

HR now focuses on strategic initiatives like:





Mergers and acquisitions.
Succession planning.
Industrial and labor relations.
Diversity and inclusion.
ROUTE
HRM
 PROCESS
 IMPORTANCE
 HRM in BIOTECH
INDUSTRY
 SEEMA BIOTECH
 A-ONE BIOTECH
 COMPARATIVE ANALYSIS
 SUGGESTIONS

BEST HR POLICIES ACROSS
INDIA
ORGANIZATION

HR POLICIES

•Strong organizational culture which supports work/life balance and
help boost employee morale
•Health insurance

MICROSOFT CORPORATION

•Planned and retention strategy
•ESOP’s
•Flexible working hours
•Promotes corporate diversity.
•4 pillars competency
•Commitment

NATIONAL THERMAL POWER
CORPORATION

•Culture and system
•Team work
•Empowerment
•Responsibility
•Creativity and flexibility
•Training and development
•Job enrichment program like job rotation.
•Management employee councils.

VOLVO AB

•Small work groups.
•Change implementation & employee oriented facilities.

• Cross-Cultural training.
• Customer training.

INFOSYS

• Milestone Programs.
• Continuing executive education.
• Rewards and Recognition.

• Customer orientation.

WIPRO

• Strategic thinking.
• Communication skills enhancement.
• Leadership training.
ROUTE
HRM
 PROCESS
 IMPORTANCE
 HRM in BIOTECH
INDUSTRY
 SEEMA BIOTECH
 A-ONE BIOTECH
 COMPARATIVE ANALYSIS
 SUGGESTIONS

 Firstly, strategic HR partners with senior executives and
managers, helping to move planning from the boardroom to the
organisation.
It guides serious discussion of how the company should be
organised to carry out its strategy.
 Secondly, strategic HR being an employee champion,
ensures that employees feel committed to the company and
are able to fully contribute, and take responsibility for training
line management about the importance of high employee
morale and how to achieve it.
Strategic HR is the employees' voice in management
discussions, offers employees, opportunities for personal and
professional growth and provides resources that help
employees meet the demands put on them.
 Thirdly, HR must be an expert in the way work is organised
and executed, delivering administrative efficiency to ensure
that costs are reduced while quality is maintained.
ROUTE
HRM
 PROCESS
 IMPORTANCE
 HRM in BIOTECH
INDUSTRY
 SEEMA BIOTECH
 A-ONE BIOTECH
 COMPARATIVE ANALYSIS
 SUGGESTIONS

 India's biotechnology industry currently comprises 110
units in the healthcare products sector, 140 units in
agriculture and about 300 units in industrial and other
biotech products sector.
 It has been said that 21st century belongs to
biotechnology as it made profound impact in the field of
health, food, agriculture and environmental protection. But
there is lot more to the biotech industry than money, there is
the HR factor.
 In biotechnology companies around the world, scientists
are often given the responsibility for people and projects
without a second thought or additional training. Failures in
the transition from scientists to management occur because
scientists believe that adding supervision skills is simply a
learn-as-you-go experience.
 The manager of a biotechnology start-up faces
the challenge of fostering a transition within
the founding team from science-oriented to
commerce-oriented thinking and action.
 An academic scientist's focus is on:
-- scientific publications,
-- intellectual brilliance,
-- research involving tightly circumscribed
projects, and
-- science for science's sake.
 A biotechnology company, however, must
translate research results into revenue.
Biotech managers should be strong and sensitive at the
same time.
Only managers with excellent interpersonal skills will be
able to handle delicate tasks like helping the company
founders think commercially, training them in what to
say where and when.
Yet, they should be strong enough in aiding decisions, like
cancelling a pet project, bringing in and integrating new
employees better paid than founding staff, and
introducing formal management tools such as reporting
and budgeting without damaging employee relations.
ROUTE
INDUSTRY
SEEMA BIOTECH
Address:
Hatkanangale,
At Post Talasande,
Kolhapur,
Maharashtra 410008
Phone:098 81 814466
 Seema Biotech is a reliable company
at Talsande for Banana producers
which was started in 1973 for grape
production.
 The laboratory of Seema Biotech is
well equipped with latest machinery.
 They have storage dealers at Karad,
Satara, Kagwad (Karnataka), Bopegaon
(Satara), Jaysingpur (Udgaon),
Kurundwad, Kolhapur, Kavte Ekand
(Tasgaon).
It is planning to start a buy back
scheme for Bananas, with which
production of Banana wine, Banana
powder & Banana pulp is being planned.
Consultancy is provided to select proper
agricultural land, drip irrigation &
fertilizers.
Its few important services out of
many include:
 
1)  Tissue culture care of plants.
2)  Water management fertilizers.
3)  Banana products.
Total No. of Workers – 285
•Managers/Executives – 10 : MBA
•

R & D Staff – 47 : M.Sc./PhD

•
Employees – 56 :
B.Sc./B.A./B.Com
•

Labour – 102 : 10 /12
th

th
Various HR Policies implemented by the company include :
 Provides payroll advances for employees that require
funds immediately.
 Does not dock its employees of their sick days.
 Makes managers directly responsible for the performance of
the people under their supervision.
 HR managers review each and every performance appraisal
– returning and repeating them where discrepancies arise.
 “Going the extra mile” for their employees is their forte.
ROUTE
A-ONE BIOTECH
Address:
Aswamed, Sr.No.17/1, Plot No.115, Near
Khiwansara Patil School, Ganesh Nagar,
Dange Chowk, Pune- 411 033, Pune,
Maharashtra 411033
Phone:094 22 523210
 Set up in 2008 and based at Pune, Maharashtra,

India, “A One Biotech and Tissue Culture Private
Limited,” is one stop solution provider in the area
of Horti-micropropagation.
 One is sure to find a wide variety of cultured
plants, tissue cultured plants, hardened plants and
herb plants.
 They offer economically feasible and quality wise
assured products related to indoor-ornamentals,
cash crops and medicinal plants.
 
 To offer quality plants, they have a plant tissue
culture laboratory which is equipped with advanced
facilities.
 Handled by experienced quality personnel, they
ensure that their plants are not grown with
harmful fertilizers and pesticides that can have an
adverse effect on the environment.
 
 They have experienced gardeners and experts
who take into consideration the type of soil,
optimum sunlight, water, and climate of the area.
 They have a complete understanding of different
types of plants, their growth and maintenance.
 Besides, they also have the required machinery
to help their gardeners in offering plants in bulk
to the clients.
HR policies @ A-ONE
 A stock purchase plan open to all employees
below the management level.
 A stock option plan tied directly to employee performance
and departmental milestones.
 A new compensation policy was also introduced that linked
options directly to managers and above based on their
individual performance as well.
 “Merit pay” for critical individuals in its compensation
plan.
 The company began regular but informal gatherings (i.e.
lunch on the company) with the entire staff, both scientific and
admin/management.
While not structured as a meeting, these gatherings allowed all
company staff to discuss their work, their goals and their
projects – giving all staff an excellent perspective
on the company as a whole.
 Sustainable retention.
 Employing home-makers for routine work.
ROUTE
HRM
 PROCESS
 IMPORTANCE
 HRM in BIOTECH
INDUSTRY
 SEEMA BIOTECH
 A-ONE BIOTECH
 COMPARATIVE ANALYSIS
 SUGGESTIONS

COMPARATIVE STUDY
STRENGTHS

SEEMA BIOTECH
Employee-driven culture.
• Going extra miles.
• Payroll advances.
• Sick leaves.
• Compensation policy.
• Performance review.
• Responsibility.
• Sense of belongingness.
• Trust on employees.
•

A-ONE BIOTECH
Stock purchase plan.
• Merit – pay.
• Personal & departmental
milestones.
• Informal gatherings.
• Sustainable retention.
• New Challenges.
• Job enrichment.
• Employing home-makers.
•
COMPARATIVE
STUDY
WEAKNESSES

SEEMA BIOTECH
Unrealistic recruitment
procedure.
• Routine work.
• Lack of training.
• Negligible recognition.
• Inappropriate appraisal.
• No attractive remuneration.
•

A-ONE
Improper planning.
• Lack of communication
between seniors and staff.
• Lack of environment
scanning.
•
ROUTE
HRM
 PROCESS
 IMPORTANCE
 HRM in BIOTECH
INDUSTRY
 SEEMA BIOTECH
 A-ONE BIOTECH
 COMPARATIVE ANALYSIS
 SUGGESTIONS

 An ideal biotech company should be constructed from
several small, independent teams, or research ventures,
that form spontaneously around promising concepts.
 Teams should be allowed almost complete freedom to
choose their goals, supporting technology, personnel,
working hours, resources, and almost all other aspects of
their projects, exactly the same conditions in which
entrepreneurs thrive.
 Teams must be held accountable for either completing
specific pieces of research or developing products that are
profitable.
 This decentralised, dispersed system, however,
must be carefully integrated into a collaborative
whole if it is to be effective.
Without a strong network of productive working
relations, there would be little justification for
keeping these individual ventures together in a
single organisation.
ROUTE
HRM
 PROCESS
 IMPORTANCE
 HRM in BIOTECH
INDUSTRY
 SEEMA BIOTECH
 A-ONE BIOTECH
 COMPARATIVE ANALYSIS
 SUGGESTIONS

Human resources constitute an increasingly critical
function in any biotechnology company, particularly in an
industry that's in an increasing state of flux.
The efforts to achieve excellence through a focus on
learning, quality, teamwork, and re-engineering are driven
by the way organisations treat people.
It is the job of HR to achieve organisational excellence.
Today's biopharmaceutical projects have a high degree of
complexity. In order to properly utilise staff and other
resources like suppliers and internal groups, a manager
must be able to clearly visualise the desired goal.
 Within the HR function there are dozens of processes that
can be done better, faster and cheaper. Finding and fixing
those processes is part of the work, and measuring the
impact of HR programs and initiatives to the bottom line is
crucial.
 To sum up, the roles of the Chief Executive Officer and
top management team are particularly crucial for a
biotechnology company.
 Biotechnology companies require managers with unique
qualities. The lack of solid managerial training and the
associated risk of failure often have long-term consequences
for the careers of research professionals.
REFERENCES
HTTp://www.AONEBIOTECH.COM/
HTTp://www.SEEMABIOTECH.COM/
www.wHATISHuMANrESOurCE.COM
HTTp://pHArMA.fINANCIAlExprESS.COM/2006
0215/BIOASIA2006SpECIAl04.SHTMl
HR Practices in Biotech Industry

Más contenido relacionado

La actualidad más candente

Sona Koyo work experience certificate
Sona Koyo work experience certificateSona Koyo work experience certificate
Sona Koyo work experience certificateNikhil Sharma
 
Gulfspic Experience Certificate - Arulmani
Gulfspic Experience Certificate - ArulmaniGulfspic Experience Certificate - Arulmani
Gulfspic Experience Certificate - ArulmaniArulmani M
 
EXPERIENCE CERTIFICATE
EXPERIENCE CERTIFICATEEXPERIENCE CERTIFICATE
EXPERIENCE CERTIFICATEjubin francis
 
Career development and training
Career development and trainingCareer development and training
Career development and trainingSara Aljanabi
 
Talent Management in India
Talent Management in IndiaTalent Management in India
Talent Management in IndiaZinnov
 
Need & importance of training
Need & importance of trainingNeed & importance of training
Need & importance of trainingAbdulla Afeef
 
Performance improvement plan
Performance improvement planPerformance improvement plan
Performance improvement planAmr Elsafty
 
Chapter 6 performance management
Chapter  6 performance management Chapter  6 performance management
Chapter 6 performance management Preeti Bhaskar
 
Career & Succession Planning
Career & Succession PlanningCareer & Succession Planning
Career & Succession PlanningKoushik Dutta
 
Councelling And Mentoring
Councelling And MentoringCouncelling And Mentoring
Councelling And MentoringSreenath S
 
Industrial relations
Industrial relationsIndustrial relations
Industrial relationsPamin Joshi
 
Competency mapping ppt
Competency mapping pptCompetency mapping ppt
Competency mapping pptVrunda Gandhi
 
Talent Management: Framework for design, implementation and improvement
Talent Management: Framework for design, implementation and improvementTalent Management: Framework for design, implementation and improvement
Talent Management: Framework for design, implementation and improvementTim Coburn
 
Compensation Management
Compensation ManagementCompensation Management
Compensation ManagementRafath Begum
 
alfanar Experiance Certificate
alfanar Experiance Certificatealfanar Experiance Certificate
alfanar Experiance CertificateAhmad Imran
 
Presentation On Coaching And Counselling
Presentation On Coaching And CounsellingPresentation On Coaching And Counselling
Presentation On Coaching And Counsellingaditimainkar
 

La actualidad más candente (20)

Incentive Pay and Team Based Pay by Dr. G C Mohanta
Incentive Pay and Team Based Pay by Dr. G C MohantaIncentive Pay and Team Based Pay by Dr. G C Mohanta
Incentive Pay and Team Based Pay by Dr. G C Mohanta
 
Sona Koyo work experience certificate
Sona Koyo work experience certificateSona Koyo work experience certificate
Sona Koyo work experience certificate
 
Gulfspic Experience Certificate - Arulmani
Gulfspic Experience Certificate - ArulmaniGulfspic Experience Certificate - Arulmani
Gulfspic Experience Certificate - Arulmani
 
EXPERIENCE CERTIFICATE
EXPERIENCE CERTIFICATEEXPERIENCE CERTIFICATE
EXPERIENCE CERTIFICATE
 
Career development and training
Career development and trainingCareer development and training
Career development and training
 
Talent Management in India
Talent Management in IndiaTalent Management in India
Talent Management in India
 
Training Methods Technique and Aids
Training Methods Technique and AidsTraining Methods Technique and Aids
Training Methods Technique and Aids
 
Need & importance of training
Need & importance of trainingNeed & importance of training
Need & importance of training
 
Performance improvement plan
Performance improvement planPerformance improvement plan
Performance improvement plan
 
Chapter 6 performance management
Chapter  6 performance management Chapter  6 performance management
Chapter 6 performance management
 
Career & Succession Planning
Career & Succession PlanningCareer & Succession Planning
Career & Succession Planning
 
Councelling And Mentoring
Councelling And MentoringCouncelling And Mentoring
Councelling And Mentoring
 
Industrial relations
Industrial relationsIndustrial relations
Industrial relations
 
Competency mapping ppt
Competency mapping pptCompetency mapping ppt
Competency mapping ppt
 
A Project on Induction & Performance Review for Freshers
A Project on Induction & Performance Review for FreshersA Project on Induction & Performance Review for Freshers
A Project on Induction & Performance Review for Freshers
 
Talent Management: Framework for design, implementation and improvement
Talent Management: Framework for design, implementation and improvementTalent Management: Framework for design, implementation and improvement
Talent Management: Framework for design, implementation and improvement
 
Compensation Management
Compensation ManagementCompensation Management
Compensation Management
 
alfanar Experiance Certificate
alfanar Experiance Certificatealfanar Experiance Certificate
alfanar Experiance Certificate
 
Presentation On Coaching And Counselling
Presentation On Coaching And CounsellingPresentation On Coaching And Counselling
Presentation On Coaching And Counselling
 
Industrial Relations of MNCs in India
Industrial Relations of MNCs in IndiaIndustrial Relations of MNCs in India
Industrial Relations of MNCs in India
 

Destacado

Haapalinna antti 2nd annual r&d process excellence summit 22nd october15...
Haapalinna antti 2nd annual r&d process excellence summit  22nd october15...Haapalinna antti 2nd annual r&d process excellence summit  22nd october15...
Haapalinna antti 2nd annual r&d process excellence summit 22nd october15...Antti Haapalinna
 
An analysis of strategic HRM Practices of EBL
An analysis of strategic HRM Practices of EBLAn analysis of strategic HRM Practices of EBL
An analysis of strategic HRM Practices of EBLMd Saddam Hosen
 
A comparative study of HRM practices of banks in Bangladesh
A comparative study of HRM practices of banks in BangladeshA comparative study of HRM practices of banks in Bangladesh
A comparative study of HRM practices of banks in BangladeshBablu Chakma
 
Strategic hrm with example
Strategic hrm with exampleStrategic hrm with example
Strategic hrm with exampleraheel afzal
 
Lesson 1
Lesson 1Lesson 1
Lesson 1podge82
 
Comparison between abap & abap hr
Comparison between abap & abap hrComparison between abap & abap hr
Comparison between abap & abap hrMahender Donthula
 
Human resources management sara babiker
Human resources management sara babikerHuman resources management sara babiker
Human resources management sara babikeresarbab
 
hrm definition ,importance and internal sources
hrm definition ,importance and internal sourceshrm definition ,importance and internal sources
hrm definition ,importance and internal sourcesKetan Rai
 
HRM Function By Sonu Choudhary
HRM Function  By Sonu ChoudharyHRM Function  By Sonu Choudhary
HRM Function By Sonu ChoudharySonu Choudhary
 
Mission statements of famous companies
Mission statements of famous companiesMission statements of famous companies
Mission statements of famous companiesNitin Agarwal
 
Ba hrm 01
Ba   hrm 01Ba   hrm 01
Ba hrm 01ravib21
 
Evolution of hrm
Evolution of hrmEvolution of hrm
Evolution of hrmKarthik Ram
 
hr project
hr projecthr project
hr projectbignu000
 
Example of HRM Strategy - IKEA
Example of HRM Strategy - IKEAExample of HRM Strategy - IKEA
Example of HRM Strategy - IKEAMirna Babović
 
Introduction & a brief history of hrm
Introduction & a brief history of hrmIntroduction & a brief history of hrm
Introduction & a brief history of hrmBrijesh Kandu
 

Destacado (19)

Haapalinna antti 2nd annual r&d process excellence summit 22nd october15...
Haapalinna antti 2nd annual r&d process excellence summit  22nd october15...Haapalinna antti 2nd annual r&d process excellence summit  22nd october15...
Haapalinna antti 2nd annual r&d process excellence summit 22nd october15...
 
HR practices
HR practices HR practices
HR practices
 
An analysis of strategic HRM Practices of EBL
An analysis of strategic HRM Practices of EBLAn analysis of strategic HRM Practices of EBL
An analysis of strategic HRM Practices of EBL
 
A comparative study of HRM practices of banks in Bangladesh
A comparative study of HRM practices of banks in BangladeshA comparative study of HRM practices of banks in Bangladesh
A comparative study of HRM practices of banks in Bangladesh
 
Strategic hrm with example
Strategic hrm with exampleStrategic hrm with example
Strategic hrm with example
 
Lesson 1
Lesson 1Lesson 1
Lesson 1
 
Comparison between abap & abap hr
Comparison between abap & abap hrComparison between abap & abap hr
Comparison between abap & abap hr
 
Human resources management sara babiker
Human resources management sara babikerHuman resources management sara babiker
Human resources management sara babiker
 
10663152
1066315210663152
10663152
 
hrm definition ,importance and internal sources
hrm definition ,importance and internal sourceshrm definition ,importance and internal sources
hrm definition ,importance and internal sources
 
HRM Function By Sonu Choudhary
HRM Function  By Sonu ChoudharyHRM Function  By Sonu Choudhary
HRM Function By Sonu Choudhary
 
Mission statements of famous companies
Mission statements of famous companiesMission statements of famous companies
Mission statements of famous companies
 
Ba hrm 01
Ba   hrm 01Ba   hrm 01
Ba hrm 01
 
Evolution of hrm
Evolution of hrmEvolution of hrm
Evolution of hrm
 
hr project
hr projecthr project
hr project
 
Importance of hrm
Importance of hrmImportance of hrm
Importance of hrm
 
Example of HRM Strategy - IKEA
Example of HRM Strategy - IKEAExample of HRM Strategy - IKEA
Example of HRM Strategy - IKEA
 
Introduction & a brief history of hrm
Introduction & a brief history of hrmIntroduction & a brief history of hrm
Introduction & a brief history of hrm
 
Vision and mission of companies
Vision and mission of companies Vision and mission of companies
Vision and mission of companies
 

Similar a HR Practices in Biotech Industry

Resume
ResumeResume
Resumepenth
 
UDAY CV 22-06-2016
UDAY CV 22-06-2016UDAY CV 22-06-2016
UDAY CV 22-06-2016Uday Nigam
 
Amity Business School HR Analytics Campus Presentation-Uflex-August 2017
Amity Business School HR Analytics Campus Presentation-Uflex-August 2017Amity Business School HR Analytics Campus Presentation-Uflex-August 2017
Amity Business School HR Analytics Campus Presentation-Uflex-August 2017Rahul Jain
 
About_KSMA & Shingo Inst Feb. 2016
About_KSMA & Shingo Inst Feb. 2016About_KSMA & Shingo Inst Feb. 2016
About_KSMA & Shingo Inst Feb. 2016KarurMadhavan
 
Mba hr & finance project may 2014
Mba hr & finance project  may 2014Mba hr & finance project  may 2014
Mba hr & finance project may 2014City Union Bank Ltd
 
356735684 amul-hrm
356735684 amul-hrm356735684 amul-hrm
356735684 amul-hrmbebo143
 
HRIA - Mint
HRIA - MintHRIA - Mint
HRIA - Mintsahana04
 
Page 1 of 3 Compensation and Benefits ©2009 Argosy Uni.docx
Page 1 of 3 Compensation and Benefits ©2009 Argosy Uni.docxPage 1 of 3 Compensation and Benefits ©2009 Argosy Uni.docx
Page 1 of 3 Compensation and Benefits ©2009 Argosy Uni.docxbunyansaturnina
 
Hci librarypaper 79300
Hci librarypaper 79300Hci librarypaper 79300
Hci librarypaper 79300Rye Cruz
 
2015 public training human resources management
2015 public training   human resources management2015 public training   human resources management
2015 public training human resources managementSeta Wicaksana
 
Rupa Shukla cp laxmi gujarat te mba.pptx
Rupa Shukla cp laxmi gujarat te mba.pptxRupa Shukla cp laxmi gujarat te mba.pptx
Rupa Shukla cp laxmi gujarat te mba.pptxshyam1985
 

Similar a HR Practices in Biotech Industry (20)

Resume
ResumeResume
Resume
 
UDAY CV 22-06-2016
UDAY CV 22-06-2016UDAY CV 22-06-2016
UDAY CV 22-06-2016
 
Amity Business School HR Analytics Campus Presentation-Uflex-August 2017
Amity Business School HR Analytics Campus Presentation-Uflex-August 2017Amity Business School HR Analytics Campus Presentation-Uflex-August 2017
Amity Business School HR Analytics Campus Presentation-Uflex-August 2017
 
Working with Claris Lifesciences Limited
Working with Claris Lifesciences LimitedWorking with Claris Lifesciences Limited
Working with Claris Lifesciences Limited
 
About_KSMA & Shingo Inst Feb. 2016
About_KSMA & Shingo Inst Feb. 2016About_KSMA & Shingo Inst Feb. 2016
About_KSMA & Shingo Inst Feb. 2016
 
Hi _MT__U_
Hi _MT__U_Hi _MT__U_
Hi _MT__U_
 
Mba hr & finance project may 2014
Mba hr & finance project  may 2014Mba hr & finance project  may 2014
Mba hr & finance project may 2014
 
HR Summit Brochure
HR Summit BrochureHR Summit Brochure
HR Summit Brochure
 
356735684 amul-hrm
356735684 amul-hrm356735684 amul-hrm
356735684 amul-hrm
 
MBA HR PROJECT.pdf
MBA HR PROJECT.pdfMBA HR PROJECT.pdf
MBA HR PROJECT.pdf
 
Innovative Hr Practices
Innovative Hr PracticesInnovative Hr Practices
Innovative Hr Practices
 
Cpf introductory presenation
Cpf introductory presenationCpf introductory presenation
Cpf introductory presenation
 
HRIA - Mint
HRIA - MintHRIA - Mint
HRIA - Mint
 
Page 1 of 3 Compensation and Benefits ©2009 Argosy Uni.docx
Page 1 of 3 Compensation and Benefits ©2009 Argosy Uni.docxPage 1 of 3 Compensation and Benefits ©2009 Argosy Uni.docx
Page 1 of 3 Compensation and Benefits ©2009 Argosy Uni.docx
 
Hci librarypaper 79300
Hci librarypaper 79300Hci librarypaper 79300
Hci librarypaper 79300
 
spl
splspl
spl
 
2015 public training human resources management
2015 public training   human resources management2015 public training   human resources management
2015 public training human resources management
 
Caresoft edu plus
Caresoft edu plusCaresoft edu plus
Caresoft edu plus
 
Mba iii vanaga akshit 050_ final report
Mba iii  vanaga akshit   050_ final reportMba iii  vanaga akshit   050_ final report
Mba iii vanaga akshit 050_ final report
 
Rupa Shukla cp laxmi gujarat te mba.pptx
Rupa Shukla cp laxmi gujarat te mba.pptxRupa Shukla cp laxmi gujarat te mba.pptx
Rupa Shukla cp laxmi gujarat te mba.pptx
 

Más de Malvika Bansal

Competition Commission of India
Competition Commission of IndiaCompetition Commission of India
Competition Commission of IndiaMalvika Bansal
 
Limon : New Product Development and its Cost-Benefit Analysis
Limon : New Product Development and its Cost-Benefit AnalysisLimon : New Product Development and its Cost-Benefit Analysis
Limon : New Product Development and its Cost-Benefit AnalysisMalvika Bansal
 
REABSORB : AN ABSORBABLE STENT
REABSORB : AN ABSORBABLE STENTREABSORB : AN ABSORBABLE STENT
REABSORB : AN ABSORBABLE STENTMalvika Bansal
 
PROTEIN STRUCTURE DATABANK
PROTEIN STRUCTURE DATABANKPROTEIN STRUCTURE DATABANK
PROTEIN STRUCTURE DATABANKMalvika Bansal
 
Maggi noodles : ECONOMIC SURVEY
Maggi noodles : ECONOMIC SURVEYMaggi noodles : ECONOMIC SURVEY
Maggi noodles : ECONOMIC SURVEYMalvika Bansal
 
SSAD; TOOLS & TECHNIQUES
SSAD; TOOLS & TECHNIQUESSSAD; TOOLS & TECHNIQUES
SSAD; TOOLS & TECHNIQUESMalvika Bansal
 

Más de Malvika Bansal (11)

Competition Commission of India
Competition Commission of IndiaCompetition Commission of India
Competition Commission of India
 
Limon : New Product Development and its Cost-Benefit Analysis
Limon : New Product Development and its Cost-Benefit AnalysisLimon : New Product Development and its Cost-Benefit Analysis
Limon : New Product Development and its Cost-Benefit Analysis
 
REABSORB : AN ABSORBABLE STENT
REABSORB : AN ABSORBABLE STENTREABSORB : AN ABSORBABLE STENT
REABSORB : AN ABSORBABLE STENT
 
PROTEIN STRUCTURE DATABANK
PROTEIN STRUCTURE DATABANKPROTEIN STRUCTURE DATABANK
PROTEIN STRUCTURE DATABANK
 
Motivation : OB
Motivation : OBMotivation : OB
Motivation : OB
 
Ob
ObOb
Ob
 
Maggi noodles : ECONOMIC SURVEY
Maggi noodles : ECONOMIC SURVEYMaggi noodles : ECONOMIC SURVEY
Maggi noodles : ECONOMIC SURVEY
 
INVENTORY MANAGEMENT
INVENTORY MANAGEMENTINVENTORY MANAGEMENT
INVENTORY MANAGEMENT
 
SAMPLING
SAMPLINGSAMPLING
SAMPLING
 
SLIM
SLIMSLIM
SLIM
 
SSAD; TOOLS & TECHNIQUES
SSAD; TOOLS & TECHNIQUESSSAD; TOOLS & TECHNIQUES
SSAD; TOOLS & TECHNIQUES
 

Último

Putting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptxPutting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptxCynthia Clay
 
Phases of Negotiation .pptx
 Phases of Negotiation .pptx Phases of Negotiation .pptx
Phases of Negotiation .pptxnandhinijagan9867
 
Durg CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN durg ESCORTS
Durg CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN durg ESCORTSDurg CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN durg ESCORTS
Durg CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN durg ESCORTSkajalroy875762
 
Berhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Berhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDINGBerhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Berhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDINGpr788182
 
PHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation FinalPHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation FinalPanhandleOilandGas
 
CROSS CULTURAL NEGOTIATION BY PANMISEM NS
CROSS CULTURAL NEGOTIATION BY PANMISEM NSCROSS CULTURAL NEGOTIATION BY PANMISEM NS
CROSS CULTURAL NEGOTIATION BY PANMISEM NSpanmisemningshen123
 
Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAI
Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAIGetting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAI
Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAITim Wilson
 
Kalyan Call Girl 98350*37198 Call Girls in Escort service book now
Kalyan Call Girl 98350*37198 Call Girls in Escort service book nowKalyan Call Girl 98350*37198 Call Girls in Escort service book now
Kalyan Call Girl 98350*37198 Call Girls in Escort service book nowranineha57744
 
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 MonthsSEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 MonthsIndeedSEO
 
GUWAHATI 💋 Call Girl 9827461493 Call Girls in Escort service book now
GUWAHATI 💋 Call Girl 9827461493 Call Girls in  Escort service book nowGUWAHATI 💋 Call Girl 9827461493 Call Girls in  Escort service book now
GUWAHATI 💋 Call Girl 9827461493 Call Girls in Escort service book nowkapoorjyoti4444
 
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdfDr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdfAdmir Softic
 
Cannabis Legalization World Map: 2024 Updated
Cannabis Legalization World Map: 2024 UpdatedCannabis Legalization World Map: 2024 Updated
Cannabis Legalization World Map: 2024 UpdatedCannaBusinessPlans
 
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai KuwaitThe Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwaitdaisycvs
 
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al MizharAl Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizharallensay1
 
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...Falcon Invoice Discounting
 
Lucknow Housewife Escorts by Sexy Bhabhi Service 8250092165
Lucknow Housewife Escorts  by Sexy Bhabhi Service 8250092165Lucknow Housewife Escorts  by Sexy Bhabhi Service 8250092165
Lucknow Housewife Escorts by Sexy Bhabhi Service 8250092165meghakumariji156
 
How to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League CityHow to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League CityEric T. Tung
 
Berhampur CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Berhampur CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDINGBerhampur CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Berhampur CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDINGpr788182
 
Pre Engineered Building Manufacturers Hyderabad.pptx
Pre Engineered  Building Manufacturers Hyderabad.pptxPre Engineered  Building Manufacturers Hyderabad.pptx
Pre Engineered Building Manufacturers Hyderabad.pptxRoofing Contractor
 

Último (20)

Putting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptxPutting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptx
 
Phases of Negotiation .pptx
 Phases of Negotiation .pptx Phases of Negotiation .pptx
Phases of Negotiation .pptx
 
Durg CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN durg ESCORTS
Durg CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN durg ESCORTSDurg CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN durg ESCORTS
Durg CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN durg ESCORTS
 
Berhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Berhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDINGBerhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Berhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
 
PHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation FinalPHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation Final
 
CROSS CULTURAL NEGOTIATION BY PANMISEM NS
CROSS CULTURAL NEGOTIATION BY PANMISEM NSCROSS CULTURAL NEGOTIATION BY PANMISEM NS
CROSS CULTURAL NEGOTIATION BY PANMISEM NS
 
Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAI
Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAIGetting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAI
Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAI
 
Kalyan Call Girl 98350*37198 Call Girls in Escort service book now
Kalyan Call Girl 98350*37198 Call Girls in Escort service book nowKalyan Call Girl 98350*37198 Call Girls in Escort service book now
Kalyan Call Girl 98350*37198 Call Girls in Escort service book now
 
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 MonthsSEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
 
GUWAHATI 💋 Call Girl 9827461493 Call Girls in Escort service book now
GUWAHATI 💋 Call Girl 9827461493 Call Girls in  Escort service book nowGUWAHATI 💋 Call Girl 9827461493 Call Girls in  Escort service book now
GUWAHATI 💋 Call Girl 9827461493 Call Girls in Escort service book now
 
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdfDr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
 
Cannabis Legalization World Map: 2024 Updated
Cannabis Legalization World Map: 2024 UpdatedCannabis Legalization World Map: 2024 Updated
Cannabis Legalization World Map: 2024 Updated
 
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai KuwaitThe Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
 
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al MizharAl Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
 
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
 
Lucknow Housewife Escorts by Sexy Bhabhi Service 8250092165
Lucknow Housewife Escorts  by Sexy Bhabhi Service 8250092165Lucknow Housewife Escorts  by Sexy Bhabhi Service 8250092165
Lucknow Housewife Escorts by Sexy Bhabhi Service 8250092165
 
How to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League CityHow to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League City
 
Berhampur CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Berhampur CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDINGBerhampur CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Berhampur CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
 
HomeRoots Pitch Deck | Investor Insights | April 2024
HomeRoots Pitch Deck | Investor Insights | April 2024HomeRoots Pitch Deck | Investor Insights | April 2024
HomeRoots Pitch Deck | Investor Insights | April 2024
 
Pre Engineered Building Manufacturers Hyderabad.pptx
Pre Engineered  Building Manufacturers Hyderabad.pptxPre Engineered  Building Manufacturers Hyderabad.pptx
Pre Engineered Building Manufacturers Hyderabad.pptx
 

HR Practices in Biotech Industry

  • 1. HRM & BIOTECHNOLOGY ASHWIN - 10 MALVIKA 11 RASHMI - 12 SHILPA - 14 TASVIRUL -
  • 2. ROUTE HRM  PROCESS  IMPORTANCE  HRM in BIOTECH INDUSTRY  SEEMA BIOTECH  A-ONE BIOTECH  COMPARATIVE ANALYSIS  SUGGESTIONS 
  • 3. HRM  PROCESS  IMPORTANCE  HRM in BIOTECH INDUSTRY  SEEMA BIOTECH  A-ONE BIOTECH  COMPARATIVE ANALYSIS  SUGGESTIONS  CONCLUSION 
  • 4. Human resource management (HRM, or simply HR) is the management of an organization's workforce, or human resources. It is responsible for the attraction, selection, training, assessment , and rewarding of employees, while also overseeing organizational leadership and culture, and ensuring compliance with employment and labor laws.
  • 5. The function was initially dominated by transactional work such as payroll and benefits administration. But due to:     Globalization, Company consolidation. Technological advancement. Further research, HR now focuses on strategic initiatives like:     Mergers and acquisitions. Succession planning. Industrial and labor relations. Diversity and inclusion.
  • 6.
  • 7. ROUTE HRM  PROCESS  IMPORTANCE  HRM in BIOTECH INDUSTRY  SEEMA BIOTECH  A-ONE BIOTECH  COMPARATIVE ANALYSIS  SUGGESTIONS 
  • 8.
  • 9.
  • 10.
  • 11.
  • 12. BEST HR POLICIES ACROSS INDIA ORGANIZATION HR POLICIES •Strong organizational culture which supports work/life balance and help boost employee morale •Health insurance MICROSOFT CORPORATION •Planned and retention strategy •ESOP’s •Flexible working hours •Promotes corporate diversity. •4 pillars competency •Commitment NATIONAL THERMAL POWER CORPORATION •Culture and system •Team work •Empowerment •Responsibility •Creativity and flexibility •Training and development
  • 13. •Job enrichment program like job rotation. •Management employee councils. VOLVO AB •Small work groups. •Change implementation & employee oriented facilities. • Cross-Cultural training. • Customer training. INFOSYS • Milestone Programs. • Continuing executive education. • Rewards and Recognition. • Customer orientation. WIPRO • Strategic thinking. • Communication skills enhancement. • Leadership training.
  • 14. ROUTE HRM  PROCESS  IMPORTANCE  HRM in BIOTECH INDUSTRY  SEEMA BIOTECH  A-ONE BIOTECH  COMPARATIVE ANALYSIS  SUGGESTIONS 
  • 15.
  • 16.  Firstly, strategic HR partners with senior executives and managers, helping to move planning from the boardroom to the organisation. It guides serious discussion of how the company should be organised to carry out its strategy.  Secondly, strategic HR being an employee champion, ensures that employees feel committed to the company and are able to fully contribute, and take responsibility for training line management about the importance of high employee morale and how to achieve it.
  • 17. Strategic HR is the employees' voice in management discussions, offers employees, opportunities for personal and professional growth and provides resources that help employees meet the demands put on them.  Thirdly, HR must be an expert in the way work is organised and executed, delivering administrative efficiency to ensure that costs are reduced while quality is maintained.
  • 18.
  • 19. ROUTE HRM  PROCESS  IMPORTANCE  HRM in BIOTECH INDUSTRY  SEEMA BIOTECH  A-ONE BIOTECH  COMPARATIVE ANALYSIS  SUGGESTIONS 
  • 20.  India's biotechnology industry currently comprises 110 units in the healthcare products sector, 140 units in agriculture and about 300 units in industrial and other biotech products sector.  It has been said that 21st century belongs to biotechnology as it made profound impact in the field of health, food, agriculture and environmental protection. But there is lot more to the biotech industry than money, there is the HR factor.
  • 21.  In biotechnology companies around the world, scientists are often given the responsibility for people and projects without a second thought or additional training. Failures in the transition from scientists to management occur because scientists believe that adding supervision skills is simply a learn-as-you-go experience.
  • 22.  The manager of a biotechnology start-up faces the challenge of fostering a transition within the founding team from science-oriented to commerce-oriented thinking and action.  An academic scientist's focus is on: -- scientific publications, -- intellectual brilliance, -- research involving tightly circumscribed projects, and -- science for science's sake.  A biotechnology company, however, must translate research results into revenue.
  • 23. Biotech managers should be strong and sensitive at the same time. Only managers with excellent interpersonal skills will be able to handle delicate tasks like helping the company founders think commercially, training them in what to say where and when. Yet, they should be strong enough in aiding decisions, like cancelling a pet project, bringing in and integrating new employees better paid than founding staff, and introducing formal management tools such as reporting and budgeting without damaging employee relations.
  • 24. ROUTE INDUSTRY SEEMA BIOTECH Address: Hatkanangale, At Post Talasande, Kolhapur, Maharashtra 410008 Phone:098 81 814466
  • 25.  Seema Biotech is a reliable company at Talsande for Banana producers which was started in 1973 for grape production.  The laboratory of Seema Biotech is well equipped with latest machinery.  They have storage dealers at Karad, Satara, Kagwad (Karnataka), Bopegaon (Satara), Jaysingpur (Udgaon), Kurundwad, Kolhapur, Kavte Ekand (Tasgaon).
  • 26. It is planning to start a buy back scheme for Bananas, with which production of Banana wine, Banana powder & Banana pulp is being planned. Consultancy is provided to select proper agricultural land, drip irrigation & fertilizers.
  • 27. Its few important services out of many include:   1)  Tissue culture care of plants. 2)  Water management fertilizers. 3)  Banana products.
  • 28. Total No. of Workers – 285 •Managers/Executives – 10 : MBA • R & D Staff – 47 : M.Sc./PhD • Employees – 56 : B.Sc./B.A./B.Com • Labour – 102 : 10 /12 th th
  • 29. Various HR Policies implemented by the company include :  Provides payroll advances for employees that require funds immediately.  Does not dock its employees of their sick days.  Makes managers directly responsible for the performance of the people under their supervision.  HR managers review each and every performance appraisal – returning and repeating them where discrepancies arise.  “Going the extra mile” for their employees is their forte.
  • 30.
  • 31. ROUTE A-ONE BIOTECH Address: Aswamed, Sr.No.17/1, Plot No.115, Near Khiwansara Patil School, Ganesh Nagar, Dange Chowk, Pune- 411 033, Pune, Maharashtra 411033 Phone:094 22 523210
  • 32.  Set up in 2008 and based at Pune, Maharashtra, India, “A One Biotech and Tissue Culture Private Limited,” is one stop solution provider in the area of Horti-micropropagation.  One is sure to find a wide variety of cultured plants, tissue cultured plants, hardened plants and herb plants.  They offer economically feasible and quality wise assured products related to indoor-ornamentals, cash crops and medicinal plants.    To offer quality plants, they have a plant tissue culture laboratory which is equipped with advanced facilities.
  • 33.  Handled by experienced quality personnel, they ensure that their plants are not grown with harmful fertilizers and pesticides that can have an adverse effect on the environment.    They have experienced gardeners and experts who take into consideration the type of soil, optimum sunlight, water, and climate of the area.  They have a complete understanding of different types of plants, their growth and maintenance.  Besides, they also have the required machinery to help their gardeners in offering plants in bulk to the clients.
  • 34.
  • 35.
  • 36. HR policies @ A-ONE  A stock purchase plan open to all employees below the management level.  A stock option plan tied directly to employee performance and departmental milestones.  A new compensation policy was also introduced that linked options directly to managers and above based on their individual performance as well.  “Merit pay” for critical individuals in its compensation plan.
  • 37.  The company began regular but informal gatherings (i.e. lunch on the company) with the entire staff, both scientific and admin/management. While not structured as a meeting, these gatherings allowed all company staff to discuss their work, their goals and their projects – giving all staff an excellent perspective on the company as a whole.  Sustainable retention.  Employing home-makers for routine work.
  • 38. ROUTE HRM  PROCESS  IMPORTANCE  HRM in BIOTECH INDUSTRY  SEEMA BIOTECH  A-ONE BIOTECH  COMPARATIVE ANALYSIS  SUGGESTIONS 
  • 39. COMPARATIVE STUDY STRENGTHS SEEMA BIOTECH Employee-driven culture. • Going extra miles. • Payroll advances. • Sick leaves. • Compensation policy. • Performance review. • Responsibility. • Sense of belongingness. • Trust on employees. • A-ONE BIOTECH Stock purchase plan. • Merit – pay. • Personal & departmental milestones. • Informal gatherings. • Sustainable retention. • New Challenges. • Job enrichment. • Employing home-makers. •
  • 40. COMPARATIVE STUDY WEAKNESSES SEEMA BIOTECH Unrealistic recruitment procedure. • Routine work. • Lack of training. • Negligible recognition. • Inappropriate appraisal. • No attractive remuneration. • A-ONE Improper planning. • Lack of communication between seniors and staff. • Lack of environment scanning. •
  • 41. ROUTE HRM  PROCESS  IMPORTANCE  HRM in BIOTECH INDUSTRY  SEEMA BIOTECH  A-ONE BIOTECH  COMPARATIVE ANALYSIS  SUGGESTIONS 
  • 42.  An ideal biotech company should be constructed from several small, independent teams, or research ventures, that form spontaneously around promising concepts.  Teams should be allowed almost complete freedom to choose their goals, supporting technology, personnel, working hours, resources, and almost all other aspects of their projects, exactly the same conditions in which entrepreneurs thrive.  Teams must be held accountable for either completing specific pieces of research or developing products that are profitable.
  • 43.  This decentralised, dispersed system, however, must be carefully integrated into a collaborative whole if it is to be effective. Without a strong network of productive working relations, there would be little justification for keeping these individual ventures together in a single organisation.
  • 44. ROUTE HRM  PROCESS  IMPORTANCE  HRM in BIOTECH INDUSTRY  SEEMA BIOTECH  A-ONE BIOTECH  COMPARATIVE ANALYSIS  SUGGESTIONS 
  • 45. Human resources constitute an increasingly critical function in any biotechnology company, particularly in an industry that's in an increasing state of flux. The efforts to achieve excellence through a focus on learning, quality, teamwork, and re-engineering are driven by the way organisations treat people. It is the job of HR to achieve organisational excellence. Today's biopharmaceutical projects have a high degree of complexity. In order to properly utilise staff and other resources like suppliers and internal groups, a manager must be able to clearly visualise the desired goal.
  • 46.  Within the HR function there are dozens of processes that can be done better, faster and cheaper. Finding and fixing those processes is part of the work, and measuring the impact of HR programs and initiatives to the bottom line is crucial.  To sum up, the roles of the Chief Executive Officer and top management team are particularly crucial for a biotechnology company.  Biotechnology companies require managers with unique qualities. The lack of solid managerial training and the associated risk of failure often have long-term consequences for the careers of research professionals.