Policy for the management to do better.

1. Topic
“Analysis of factors for Organizational
Effectiveness”
Name: Aman Bhattacharya
Roll No. A209
Section: ‘A’
Subject: Organization Change Effectiveness
Faculty: Prof.Sukalpa
Date of Submission 15th
of March
Short Project Submitted in partial fulfillment for
Semester II evaluation
Of MBA Programme
At AIBM,Pune
Year: 2010

2. Top five companies in India
According to the survey, that was held in 2009 by great place to
work institution. Great place to work is US based company. The
study in its sixth year was conducted with the partnership
India’s leading business newspaper tycoon The Economic
Times. It covered more than 25 different industry verticals
encompassing over 373 companies making it the largest of its
kind employee survey ever.
The following top five companies are as follows:
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1. RMSI Private Limited =
Based in Noida, India, RMSI is a professional services company providing geospatial
solutions and application software services to clients worldwide. RMSI's solutions
span the entire geospatial value chain from consulting and application development
to spatial analysis and modeling to remote sensing and data conversion.
RMSI custom unique employee-centric methodology was adapted to measure levels
of trust, pride and camaraderie within the organizations as well as External
environment. Authors of the study define a great place to work as having employees
who are:
1 Trusting in management,
2 Prideful in one’s job, and
3 Enjoying camaraderie with fellow employees.
Gagan Jyot, HR Head RMSI states “A work culture that encourages innovation,
transparency in communication, trust and a great sense of belonging within the
organization inculcated through fair and ethical work practices are the core ideals
behind RMSI achieving this award year after year”
It shows the value of the RMSI not only business, they are focusing to the each and
every staff of the organisation those who are parts of the business.

3. 2. Google India Pvt. Ltd =
Google India, which boasts of giving freedom to its employees, has been chosen as
the second best employer in India. Google employees believe that 'work is fun'. On a
worldwide basis, Google employed 19,835 full-time employees as of December 31,
2009, up from 19,665 full-time employees as of September 30, 2009.
In India, Google has 2000 employees. The rate of attrition is less than 5 per Cent.
The Company score the highest on job content and financial compensation.
3. Infosys =
It's one of the fastest growing companies in the world. The opportunities for you are
endless. It’s the next generation IT services and consulting company onto a global
track. It is the
pioneer, and the best practitioner, of the GDM: this is redefining the way business is
done.
 It lets you enjoy entrepreneurial freedom: Infosys was started by 7 people in 1981.
The spirit of entrepreneurship still holds. You get the freedom to make decisions and
the freedom to experiment and take calculated risks.
 Experience the comfort of Infosys Predictability: We have redefined the engagement
experience of the client in the IT services market. We have set new benchmarks for
on-time, on-budget and on-spec delivery.
 Get the satisfaction of making your client more competitive: In 1991, our revenue
was a mere USD 2 million. In 1999, it became USD 121 million. In 2004, it just
crossed the USD 1 billion mark. In 2005, we clocked USD 1.6 billion. In such a fast
growing company, the opportunities tomorrow can't even be described today.

4. Employee Service Assurance
 Educating employees on organization’s HR policies and processes
 Complying with statutory regulations and company policies
 Standardizing hygiene factors across various role holders
 Conducting employee satisfaction surveys periodically for taking corrective
actions
MAINTAINING COMMUNICATION WITH EMPLOYEES
Communication is maintained through various communication channels such as:
• Notices
• Emails
• Circulars
• Calling forums
• Correspondents
• Functional departmental meetings, ETC.
4. HDFC bank =
Recruiting and selecting the right people is paramount to the success of the HDFC
BANK LTD. and its ability to retain a workforce of the highest quality. This
recruitment and selection policy sets out the procedure to ensure that the best
people are recruited on merit and that are the recruitment process is free from bias
and discrimination.
PRINCIPLES:
Following are the guiding principles for recruitment and on-boarding process.
• Attracting and recruiting the right people is one of the most important activities of
the organization and is the responsibility to be owned by each and every employee
of the organization.
• Merit will be the single most important factor in selection process.
• They will ensure a diversity, both gender and ethnicity by targeted candidate
sourcing with the help of
• They will continuously assess, identify and cultivate strategic talent pools including

5. those at the universities, management schools, and community forums to address
their long term needs.
HIRING APPROVAL
• All recruitment activities shall be undertaken based on the hiring plan as approved
by the Business Head, HR Head & the CEO. For each approved position, a hiring
requisition will be required prior to initiation of any recruitment activity. If the hiring
was not included in the planned budget, it will also require approval from the CEO
based on a recommendation from the Head HR and the CFO.
• Recruitment expense will be allocated to the concerned business unit, and
expenditure should be budgeted and pre-approved by the business unit head and
the HR Head.
CANDIDATE SOURCING:
The hiring manager along with the Human Resource Department would decide the
channel / source to use based on the nature of the recruitment. The following
sources of recruitment may be considered:
• Internal Sources:
- Whenever any vacancy arises, the possibility of fulfilling the requirement internally
via reassignment and relocation, re-allocation of the responsibilities or internal
promotion will be explored by the hiring function along with the HR Department.
- Internal job postings to explore internal candidates.
• Employee Referrals – HDFC will encourage employees to refer suitable candidates
for open positions.
• Other external sources include:
- Recruitment agencies
- External job postings
- College / campus requirement
- Requirement advertisements.

6. 5. Tata Steel =
HUMAN RESOURCE POLICY
 Tata Steel recognises that its people are the primary source of its
competitiveness.
 It is committed to equal employment opportunities for attracting the best
available talent and ensuring a cosmopolitan workforce.
 It will pursue management practices designed to enrich the quality of life of
its employees, develop their potential and maximise their productivity.
 It will aim at ensuring transparency, fairness and equity in all its dealings
with its employees.
 Tata Steel will strive continuously to foster a climate of openness, mutual
trust and teamwork.
Performance Appraisal
Performance appraisal assesses an individual's performance against previously
agreed work objectives. Performance appraisal is normally carried out once a year.
They assess key result areas of their employees, workers and supervisors. Since it
is a joint responsibility of the individual and the supervisor; every individual in TISCO
are co-prime to each other.
It also enables management to compare performance and potential between
employees and subordinates of the same rank. Rating of employees is done by their
performances. It is given as per ranks very good, average, and average to medium
and below average. On the basis of these rankings highest reward of the year is
given to best suitable worker. The better performing employee gets the majority of
available merit pay increases, bonuses, and promotions.
COMPENSATION PLANNING
• It depends on financial capabilities.
• Yearly increments are given.
• Compensation for inflation is common for all employees. (flat rates)
• It is decided by union and management where various demands are negotiated.
• It is paid as per other industries.
• Individual performance bonus is also given.

7. TRAINING AND DEVELOPMENT
• Safety is a high priority area. Several movements to inculcate a culture of safety
have been practiced, but the Company needs to do more to prevent accidents and
improve its safety record.
• The Technical Education Advisory Committee guides employee development and
training in line with strategic goals of the company and long-term objectives. The in-
house training centres impart majority of the training programmes. (Technical
Institute & Management Development Centre).
• Employees are also deputed to other organizations and training centres in the
country such as ITI and abroad for specialized training.
• Officers are trained into business managers through special general management
programmes such as at CEDEP, France.
• They are trained to know the changes in environment, market, and in steel prices.
• They also get training of problem solving techniques, conflict management, etc.
COMPENSATION PLANNING
• It depends on financial capabilities.
• Yearly increments are given.
• Compensation for inflation is common for all employees. (flat rates)
• It is decided by union and management where various demands are negotiated.
• It is paid as per other industries.
• Individual performance bonus is also given.
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8. Top five foreign companies in the world
1. Japan’s Toyota Motor =
Qualified human resources to conduct Toyota's global business in the 21st century.
Fully Committed and Thorough Human Resources Development
Toyota conducts systematic company-wide and divisional training and assignments
for training purposes with an emphasis on on-the-job training (OJT) to ensure that
associates can fully utilize their abilities.Toyota has defined the required
qualifications of "professional staff"1 for office and engineering positions, and "T
shaped human resources"
Why people like to work?
As per the information Toyota is the one of the best company in the world and it
having his own style to promote his employee and how to treat the employee.
Specially company has given more important on Training & development,
Compensation, Bonus, Authority and responsibility, and the name of the company.
Every employee wants these basic needs from the company
2. Adobe = Adobe is in 2nd spot, with an overall employee ranking of 4.3, employees
describe Adobe as:
 “Great place to start a high tech career”
 “Adobe – the humble leader and best place to work!”
 “Adobe is very underrated and under-appreciated, don’t pass up an
opportunity to work here.”
 “One of the most innovative software companies in the world, and you don’t
have to give up your life.”
 “The smartest engineers in the world. It is a think tank of engineers. They are
willing to teach on the job when they have time.”
 “Great stable company to work for that attracts strong talent, but advancement
can be somewhat slow”
 “A dinosaur who’s seen better days”
 “Adobe can be a good place to work but less chances of moving up.”

9. 3. General Electric Company (GE)
General Electric Company (GE) operates as a technology, media, and financial
services company worldwide. Its Energy Infrastructure segment produces gas,
steam, and aero derivative turbines; generators; combined cycle systems; and
renewable energy solutions, as well as provides water treatment services and
equipment. This segment also sells surface and subsea drilling and production
systems, floating production platform equipment, compressors, turbines, turbo
expanders, and high pressure reactors to oil and gas companies, as well as provides
related services.
Why people like to work?
This company is having various brand of product and there for employee having
more chances of growth and job security. This company main focus on job security,
self development of employee, self esteem this all the thinks can attract to the
employee to words the company.
4. Banco Santander =
Banco Santander, S.A. provides various financial products and services in Spain, the
United Kingdom, Portugal, other European countries, Latin America, and the United
States. It operates through three segments: Retail Banking, Global Wholesale
Banking, and Asset Management and Insurance. The Retail Banking segment offers
a range of deposit products, including savings, current, demand, time, and notice
deposits, as well as international and domestic interbank deposits; and loan products
and services, such as auto financing, personal loans, mortgages, and leasing and
renting. This segment also offers credit cards, automated cash dispensers, savings
books updaters, telephone banking, and electronic and Internet banking.
Why people like to work?
An employment grievance is a complaint, concern or issue regarding employment
rights that the employee flags to the attention of the employer. The grievance can be
over such areas as employment terms and conditions, equal opportunities, health
and safety, work relations, working environment, bullying and harassment, new
working practices, and organisational change.

10. 5. Wal-Mart Stores =
Wal-Mart Stores, Inc. operates retail stores in various formats worldwide. The
company Walmart U.S. segment offers meat, produce, deli, bakery, dairy, frozen
foods, floral, and dry grocery; health and beauty aids, household chemicals, paper
goods, and pet supplies; electronics, cameras and supplies, photo processing
services, cellular phones, cellular service plan contracts, and prepaid service and
toys; fabrics and crafts, stationery and books, automotive accessories, hardware and
paint, horticulture and accessories, sporting goods, outdoor entertaining, and
seasonal merchandise; apparel, shoes, and jewelry; pharmacy and optical services;
and home furnishings, housewares, and small appliances through discount stores,
supercenters, and neighborhood markets.
Why people like to work?
Professional development opportunities include classes on individual and team
presentation skills, content development, business writing, executive speaking,
delivering feedback and management/leadership.

11. Referencing –
 Great place to work ‘BEST COMPANIES LISTS 2009’
Retrieved on 11-03-2010 from
http://www.greatplacetowork.com/what_we_do/lists-
in.htm
 RMSI ‘Best Workplace’ Retrieved on 11-03-2010 from
http://www.rmsi.com/press/3yearBest.asp
 Infosys ‘Research’ Retrieved on 11-03-2010 from
http://www.infosys.com/research/pages/index.aspx