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T H E H I N D U O P P O R T U N I T I E S A Guide to Better Positions and Better Performance Wednesday, June 19, 2002 |
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HRD COUNSELLING An interview with Mr Shrikant Lonikar, Group General Manager HR, Wipro Consumer Care & Lighting, Bangalore.
Briefly encapsulate the range of products that you manufacture
within the field of Consumer Care and Lighting?
Consumer Care is the `Mother business' of Wipro. We started our
journey with consumer products way back in 1945 and later evolved
into the large, diversified, hi-tech Wipro Corporation as it is
today.
Wipro Consumer Care & Lighting made Rs. 3 billion in revenue and
Rs. 411 million profit before interest and tax last year.
We have 5 manufacturing locations and more than 30
depots/branches across the country. Our product categories
include vanaspati, toilet soaps, talcum powders, hair and baby
care products.
We also have presence in the field of lighting.
With your operations spread across the country, how do you ensure
that the vision and mission of the company percolates to each and
every employee?
Our business though large, has been divided into smaller business
units headed by functional heads.
This structure allows the flexibility and connectivity of a small
and compact organisation.
We have a strong induction program where every new employee is
not only exposed to the various functions in the organisation but
also to our values and culture.
Each of the induction programs are led by Senior Managers whose
responsibility is to share the organisation's vision and Wipro
beliefs and values.
Most the seniors in the system like heads of Marketing, Finance,
HR and Quality visit the locations frequently and spend time with
employees.
This gives an opportunity to employees to interact and learn
about the organisation and its developments.
What kind of professionals can find job opportunities with the
company?
We have a rigorous recruitment process to ensure that we hire the
best talent in the industry. All our HR processes are competency
based.
Educational qualifications are function dependent. For example,
we largely recruit MBAs from reputed institutes in marketing and
sales positions, for finance we hire ICWAs and CAs.
For manufacturing we recruit chemical and mechanical engineers.
In addition to a good education, we look for candidates with high
potential, integrity and the ability to lead the organisation in
future.
Though we have been recruiting at senior levels from cross
sections of industry, our main focus is on `internal growth' and
hence we look for candidates who are steady, interested in
building a career with Wipro and who bring a new perspective to
the organisation.
Candidates who join us in Consumer Care or Lighting business also
have career options of moving laterally or vertically to other
businesses of Wipro.
What kind of retention policies do you implement to fight
attrition?
Our values and culture, freedom and autonomy, exciting challenges
and opportunities for career advancement are our key retention
tools.
We work in a highly charged environment with talented and
successful people that motivate one and all.
We believe that apart from salaries, employees seek fast growth,
exciting work environment and opportunity to make a difference
through entrepreneurial ventures, amongst other things.
We have been able to build a work environment that is competitive
yet non political. We offer our employees not just jobs but a
career.
We have a strong HR Review and Planning Process (HRRP), which
addresses this issue.
Each employee has a career growth plan in place. Based on the
career plan we give each of them opportunity to work in various
functions to get a wide and varied exposure.
We also have a compensation design, which aggressively
differentiates between performers and non-performers.
We were arguably the first FMCG company in India to offer stock
options to employees.
We also purge the bottom 10% on a regular basis so that they do
not become a liability for others.
What kind of an appraisal system do you have in place?
We have been following a 360 -degree appraisal system for more
than 8 years now. This is known as Wipro Leaders' Qualities
survey. This process is conducted by an external agency to
maintain confidentiality as well as to encourage all to offer
free and upfront feedback. An employee gets a feedback from his
supervisor, his peers, his reports and from himself. After the
feedback report is ready, we conduct a module `Winds of Change'
for the leaders to analyse the report better and work out a self-
development plan.
How hierarchical is the company?
We have a flat and networked organisation, which has evolved as a
business need.
Between a frontline employee and the head of business, there are
maximum four levels of reporting.
This helps us in many ways. There is connectivity at all levels
and flow of communication is free and smooth. Unwanted
bureaucracy is avoided and decisions are taken faster.
Apart from standard compensation, do you offer any other kind of
profit sharing schemes for your employees?
Wipro has been offering Wipro Employee Stock Option up to junior
management level.
A large portion of compensation of senior management is linked
to business performance.
We have a performance based pay system, which targets at the
flexible pay of employees in the range of 20 to 60%. However,
this model is now being revised to suit the changing needs of
business.
MALINI SURYANARAYANAN
maalini.mds@cxknetworks.com
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