Pidilite Industries Limitedbrings back a business leader,Ashish Prasad, back into the CHRO role. Last time this was held by an IIM A grad,Rahul Sinha, and now an IIM C grad takes over fromRahul Gama... This is not a coincidence or a random event; it's strategy... Richard Rekhyexperimented with this belief atKPMG India, andShalini Pillay, a CA and celebrated business leader, was made CHRO for 5 years. Gama is an HR veteran and global HR leader and also comes from SIBM Pune, where I went later to do my MBA in HR. Gama had a very short stint at Pidilite (June 2024 to Nov 2025, when he resigned). ThoughSamriddhi Srivastava, in herPeople Mattersarticle (https://lnkd.in/gKy8KHYU), says it was a "long" association! What intrigues me is the decision to bring Gama, an all-HR guy, to the CHRO role after Pidilite had experienced an IIM A's marketing and strategy leader in that role for 7 years (can we call this "long"?), and immediately after Gama's resignation, an all-business guy and IIM C grad has been brought in! Lessons out of such experiments must be shared with industry and the HR community of elite B schools and in general notice! Would you do it,KPMG Indiaand Limited? I hope so, asGooglebrought out their Project Aristotle and Oxygen for the world to learn!
The Hay Group Total Reward Framework A new way of understanding reward Reward strategies must be anchored in business reality to be effective. Which means linking it to your business strategy – and the needs of your employees as well as your organisation. Our Total Reward Framework helps you optimise reward, no matter how challenging the conditions. The issue Remuneration tends to be one of the worst-managed parts of an organisation’s cost structure. But with 10-70 per cent of total costs wrapped up in it, reward cannot be ignored, particularly in a downturn. To be effective, reward programmes must reflect the needs of the business, now and in the future. Only if they are tied closely to company strategy, business performance and the needs of employees can reward programmes deliver the ROI that is needed in tough times[MK1] . The Hay Group Total Reward Framework takes strategy as a starting point – and it focuses on total reward: every financial measure together with no...
Aon Hewitt Total Rewards Framework The Aon Hewitt model and approach believes in considering Total Rewards as a business tool and very much linked to overall business objectives! Reward as understood is a very complex mechanism and some efforts of correcting the base pay and titling in a hurry by many MNCs in India have done a bigger crime by trying to correct it by market adjustments without looking at the talent map, complexity and expectations out of role and mapping it against the benchmark. Titles in India are a big misnomer and hardly any survey on compensation ever probes and captures and calibrates the tangible outcome based bench marking! If we dive deep, we will find that the key factors of Education, Experience and Quality of Education, Quality and relevance of experience and education are not calculated granular! A diploma holder technical manager gets the salary benchmarked for the top T-school manager with top quality experience in a challenging and break-through...
If the study of culture has a predominant guru, it would be Edgar H Schein , Professor Emeritus at MIT. Schein, who has studied the elements of culture for over half a century has a simple there-layer model for understanding corporate culture (Schein, 2009). The three levels are: ü 1. Artifacts. These are made up of visible structures, processes and behavior. Easy to observe, artifacts are the outermost layer. ü 2. Espoused values. These are the strategies and philosophies at play. They include what people focus on and ‘how things get done around here’. ü 3. Underlying assumptions. These are the unconscious beliefs and perceptions rooted in the history of the business. This innermost layer is built through collective experiences including past successes and failures. Corporate culture is as powerful as it is multifaceted. The best way to understand it is to experience it first-hand. Be immersed in both the explicit behavior and implici...
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