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A case study of strategies adopted by HCL Technologies
EMPLOYEE FIRST CUSTOMER SECOND
(EFCS)
Employee Engagement Employee engagement describes the system
through which a worker develops positive social and emotional ties to an employer.
It is required to:
To Retain Important Talent
Resource
To Retain Important Talent
ResourceTo maintain
the Reputation of the
organisation
To maintain the Reputation
of the organisation
To save the cost of new Recruitment and Training
To save the cost of new Recruitment and Training
To safeguard the organisation’s
performance and result
To safeguard the organisation’s
performance and result
For Happy Customers
For Happy Customers
Quick Facts
Vineet Nayar’s, CEO of HCL Technologies, first hand account on transformation of HCL from slow decline to vitality and growth.
In the year 2000-2005, HCL started loosing its market share and started falling after remaining number one for many years.
After being appointed as the CEO by Shiv Nadar, the Chairman and Founder of HCL, Vineet said “ I want to be free to adopt and unconventional approach” and Shiv agreed.
• U&I Conversations
• Opinion Poll• 360 degree
feedback• Directions• Employee First
Councils• Career Power
• Wiki Portal• Business
Quotient• Knock Out• T2ID• E-zines
• Smart Services Desk
• Natasha• Work Life
Balance• I-fly
• Xtra Miles• O2 League• Innovations@
HCL• Champions
• My Page• My Projects
Portal• My Human
Capital• My Sales
World• My Resource
Management
Five Pillars of EFCS Philosophy
Result
Lower Attrition
Rate
Increase in
Revenue/
Employee
Increase in
Employee
Utilisation Rate
Featured as
“World Most
Modern
Management
Idea”
Key Learnings
Thank You !