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Page 1: Core Values

Core Values

Corp. HR New Delhi

Page 2: Core Values

What Are Core Values ?

These are the organisation’s essential & enduring general

guiding principles; for the conduct & behaviour of the

members of the organisation in realising the vision.

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Infact the members of the organisation believe, demonstrate &

propagate the Values of the organisation in their daily organisation

life & behaviour.

They are desirable state rather than existing state.

Page 3: Core Values

Core Values

• Commitment to Excellence

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• Openness, Fairness and Trust

• Customer Focus

• Team Spirit

Page 4: Core Values

Commitment to Excellence- ‘Practices That Fulfill The Value’

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S. No. Practices Status of Internalisation

 1 Adapts continuously to dynamic work environment 

•Maximum Output with Minimum Resource •Approach on Team Working

 2 Accepts new challenges with confidence 

•competitive Work Environment•Cost Effective

•Minimum input & Maximum Output

 3 Asks for help when required 

• Working as a Team on Cost effective measure•Monthly Forge Cluster Meeting - Sharing Working

culture

 4  Demonstrates ownership for self development

Job Rotation practices at Heat Treatment & IP -1 in all area.

Page 5: Core Values

Commitment to Excellence- ‘Practices That Fulfill The Value’

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S.No. Practices Status of Internalisation

 1 Shows awareness of impact of own behaviour on others 

   MAD Practices  Employees Satisfaction Survey   Exit Interview Feedback System 

 2 Listens actively 

 Daily Morning Meeting Open house Session 

 3 Walk - the - Talk 

 Daily Morning  Plant Visit by Unit Head, Operational Head & HR Head. 

 4 Avoid Re-working. Do things Right the first time 

  Focus on Process Quality Approach. We are using concept PDCA . 60 % focus on “P” Planning part.

5 High focus on Quality ensures defect free delivery to Customers

 Stage Wise inspection at all Process Level.

100 % final inspection before dispatch.

We have all type  of  QA Checking instrument as per Customer requirement. 

Page 6: Core Values

Openness , Fairness & Trust – ‘Practices That Fulfill The Value’

OPENNESS :

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S.No. Practices Status of Internalisation

 1 People have free Access to Senior Management 

We have open door policy concept.Any employees can discuss with Unit head at

any time  

 2 People are encouraged to express their views 

Monthly Suggestion SchemeMonthly Open house Session

Monthly Cluster Meeting at various topics

 

 3 Work toward addressing everyone by first name

 

 Implemented at Same level & Designation.

Page 7: Core Values

Openness , Fairness & Trust – ‘Practices That Fulfill The Value’

FAIRNESS :

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S.No. Practices Status of Internalisation

 1 Treat people equally in terms of transparent decisions/policies 

Sure , all Policies implemented with no biasness or Partiality

 2 Each Function should be driven by systems & procedures 

 Yes , TS -16949 & EMS 18001 & OHSAS -18001 Followed with 100% compliance on

System adherence.

 3  Prompt attention & redressal of genuine grievancesWe have Grievance handling committee

which meet periodically.Compliant register Monitoring

Page 8: Core Values

Openness , Fairness & Trust – ‘Practices That Fulfill The Value’

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TRUST :

S.No. Practices Status of Internalisation

 1 Have consistent & genuine behaviour  In Open house session we discuss.  

 2 Be Honest in all your dealings  Yes  

 3 Honour the promises , commitment made & revert timely if some obstacle comes in the way 

Monthly Best Suggestion awardMonthly best & worst Team

Weekly DWM review mechanism  

Page 9: Core Values

Openness , Fairness & Trust – ‘Practices That Fulfill The Value’

TRUST :

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S.No. Practices Status of Internalisation

 1 Senior Executives should pose Trust in their team members 

Sure , We have Team Work which caused Focused approach in this competitive

environment  

 2 Empowerment of employees 

 Monthly Departmental wise PresentationJob Rotation

Training & Development

 3 Be Trust worthy   Yes

 4 Stick to your Values even under trying conditions   Yes

Page 10: Core Values

Customer Focus – ‘Practices That Fulfill The Value’

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S.No. Practices Status of Internalisation

1 Customises responses to each Customer instead of resorting to standard mechanical response 

 This is our prime Focused Target to delivery 100 % Customer satisfaction.

 2 Openly exhibits enthusiasm while dealing with Customers   Dedicated team work with Customers dealing.

 3 Networks with other Group Companies to create Value for the Customer 

 Learning from all Customers & deployed at Unit.

 4 Prompt response to both, internal & external Customers

 

1st Priority on Internal Customers. Every Process incharge is customers for next

Process.

Page 11: Core Values

Customer Focus – ‘Practices That Fulfill The Value’

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S.No. Practices Status of Internalisation

 1 Anticipates Customer needs 

 Dedicated Team work with customersMarketing Personnel meet with related customer periodically and understand their needs which further communicated to Units.

 2 Attends to the concerns or problems of Customers before own 

 - as above-

 3 Seriously considers Customers complaints, feedback 

 Every Customer complain has further communicated to all employees and work as a CFT team on that complain which will be weekly revised by senior Mgt.

 4 Seeks solutions to satisfy Customers   as Above

 5 Creates positive surprises through unique experiences    Leaning by Sharing

Page 12: Core Values

Team Spirit - ‘Practices That Fulfill The Value’

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S.No. Practices Status of Internalisation

 1

 Shows a greater concern for the group rather than for self interest   CFT teams are working on any Issues .

 2 Offers knowledge and expertise to the benefit of the group  Learning by sharing

3 Encourages team members to build upon their ideas  Brainstorming session during Suggestion meeting and Cluster meeting.

 4

Listens to the points of others and gives constructive feedback when appropriate

 

 Take feedback during Morning Meeting.

Page 13: Core Values

Team Spirit - ‘Practices That Fulfill The Value’

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S.No. Practices Status of Internalisation

 1

Provides regular contributions towards group discussion  Weekly meeting on CFT & Review session

 2 Actively tries to improve and maintain morale and enthusiasm within the group

 Appreciated leader & Be a part of Top Management review or meetings.

3

Provides support for decisions made by the group when voting

 Yes , During all committee meeting Safety & Health committee. Canteen CommitteeGrievance Commitee

 4

Is flexible and does not oppose group decisions at the expense of the rest of the team

 

 - As above-

Page 14: Core Values

Guidelines for Effective Implementation

Since values percolate downwards, examples must be set from top

downwards to demonstrate across the Units/Organisation that the Core

Values are shared Values by all & they should reflect in all our dealings -

personal & official .

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Sharing the Values by respective Business/Unit Heads with employees,

Customers & Suppliers

Wide spread communication to the employees of the Core Values & also how

we would like as a Business Organisation to be perceived & measured by

others. These could be through sharing of presentation by Unit Heads,

employee induction programs etc.

Page 15: Core Values

Guidelines for Effective Implementation

Core Values can not be compromised & all actions need to be taken to

ensure that these are imbibed by every individual in the organisation

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While adherence to the Core Values should be recognised & appreciated,

deviations be provided with constructive critique.

Review the progress in Values internalisation & stabilise