Corporate ExpectationsBy

T Mohen Chander

The Key Requirement The key attribute of a successful

company employee is being «results-oriented». A valuable employee is able to act according to the circumstances, pursue the results, neither postponing the solution of issues nor multiplying bureaucracy

Expectations of Industries from Management Students Building a Bridge between Industry & Management Institutes

Corporate Standards Professionalism — to possess unique

and up-to-date knowledge and have the capability to apply this knowledge; one's own competent vision and opinion; as well as the capability to achieve results

Searching for Right People

Fishing Talent

The pond is where active candidates are & they generally bite quickly on your fishing line where the competition is fierce.

The Ocean is where your passive candidates are, & they can be slow to bite on your line but your competition is much less

Initiative to make proposals on new projects,

optimize functions and business processes; show desire to participate in project and work groups; and contribute to performance improvement

Areas of concern to Industries

Knowledge Traits

Full knowledge of the discipline & specializations

Analytical Mind Quick decision

making capabilities

Responsibility to achieve results within the set

timeframe; to be ready to bear responsibility for failure to fulfill duties; to effectively balance personal objectives/results and the objectives/results of the company

Areas of concern to Industries

Interpersonal Traits To able to work in a team /

group Highly motivated, Committed

and dedicated Super Ordinate Goals High I Q Knowledge of environment Problem solving capabilities High personal mission and

objectives

Resourcefullness & Capability

to find non-routine solutions — to be internal entrepreneurs of the Company, generating new solutions and projects outside the range of standard duties, job functions or business based on either a new combination of traditional approaches and processes or their non-standard application.

Loyalty  involvement in the activities of the

company and its brand; avoidance of destructive negative criticism and readiness to participate in solution of company problems. All employees and managers are obliged to use company assets only for improvement and development

Areas of concern to Industries

Leadership Qualities Be honest & have ethics and values Success Oriented Be a think Tank Punctual & Disciplining Good at Communication with people at

all levels & within teams Patient, Tolerant & Able to work under

stress Always remain positive and not panic

Peer Focus Readiness to participate in cross-

functional teams and projects; giving positive and effective response to the requests of co-workers from other company divisions; readiness to share information. Efforts to establish barriers between divisions, competition for information and status, influence on functional divisions,

Areas of concern to Industries

Leadership Qualities Able to manage conflict Ability to assess needs Ability to create a vision Ability to focus the resources Ability to track and measure performance Constantly on the move and moving among

the whole team Able to Understand the importance of change

management

Career internal job rotation and to consistently promote the employees

to more responsible positions in the company.

The promotion is based on performance assessment, experience and knowledge of the up-to-date technologies and business practice, as well as the employee's personal qualities and interests.

The employee's promotion within the company is planned and recorded in the individual career development plan.

The Top Reserve individual career plan system (200 middle and senior management level employees) is supervised by the People Council which consists of the First Level Team managers and presided by the Chief Executive Officer.

Career Career development plans of other

employees are managed by the HR departments and line managers. Career plans of the management are based on an assessment determining the employee's competency development level and goal reaching performance. Assessment results shall be communicated to the employees in a one-on-one meeting.

Career The company shall set clear and

reasonable work objectives which shall be communicated to the employee by the manager. Metrics shall be developed for each objective to assess the achievements. The contributions toward achieving personal work goals, as well as the result of the employee's work contributions in his/her own work/business unit in general, shall also be appraised.

INDUSTRY EXPECTATIONS FROM ACADEMIA

EXPOSURE TO REAL LIFE WORK

PLACE

OVERALL CHARACTER DEVELOPMENT

INDUSTRY—INSTITUTE INTERFACE

COURSE CONTENT FLEXIBILITY OF APPROACH

PEDAGOGY (DELIVERY)

SOLID THEORETICAL KNOWLEDGE

Compensations The fixed base salary is a compensation for

fulfillment of functional duties associated with the employee's position and his/her area of responsibility. The agreements between employee and the company concerning the amount of fixed base salary is formalized in an employment contract. The employee's base salary can be changed as a result of an employee appraisal, qualification requirements adjustment, employee assessment,

INDUSTRY EXPECTATIONS FROM ACADEMIA

Give us +ve Mindset ; we shall give them the Direction

Give us Soldiers ;we shall make them Entrepreneurs

Give us Human beings ; we shall nurture them

Benefits  variable incentive is  generated on the basis of the achievement of  specific planned goals and associated metrics which add value to and increase efficiency of the company. The company shall use all available forms of incentives, as well as tools of both monetary and non-monetary motivation

Social Benefits The employees' social benefits package

is determined by the Labor Code and current collective bargaining agreements. The company provides additional voluntary medical insurance and parity pension plans.

The social benefits package is set for each corporate branch office and/or subsidiary with due account of region-specific features and is formalized in collective bargaining agreements.

Training Professional skills development courses. Participation in seminars and training programs, including corporate ones For example, participation

in competency-improvement training courses. Opportunity to take part in distance

learning programs

Expectations from You

Do things differently (Out of the Box) Experimentation - Risk taking Abilities Positive Attitude Excellent Communication/Presentation

Skills Mobility & Flexibility - Change Management Practical Approach Good Interpersonal Skills Continuous Learning Ability Adaptability

Middle Managers Professional skills development

courses. Participation in seminars and training

programs, including corporate ones. Distance learning programs Bench Strength programs

Top Management Bench Strength programs external training opportunities

Expectations from You

Shed Ego - Positive Mindset WE Approach Be ready to do Dirty Jobs Have Tolerance to Frustration Go to People Keep sound health Keep Smiling Be a Cash Card

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