Crompton Greaves Case Study

Talent management at Crompton Greaves

Crompton Greaves has perpetually focused on a systematic approach towards human resource functions by aligning its talent or resources with the goals of business and organisation. The talent management imperatives at Crompton Greaves encompass a wider canvas. For managing the talent the company has done many innovative programs and taken new initiatives. During the year, in a first-of-its-kind endeavour, the Company successfully implemented a variable pay scheme for its leadership level management based on Economic Value Added (EVA). The scheme is unique in that the EVA parameters are linked with performance thresholds of a chosen group of competitors rather than the Company’s own internal targets. The result has been a greater linkage of

Manpower planning in Google is the strategy for the acquiring talent, utilizing them and improving organizations human resource capabilities. Manpower planning is basically a system of determining the requirements of right kind and right number of human force at the right place and right time Manpower planning process at Crompton greaves includes Man power need anticipation at all levels. Job description and preparing job analysis. Selecting adequate sources of recruitment. Following are the some of the principles that Google uses to increase its employee retention, Actions based on employee feedback forms, The talent you hire should also culturally fit in the organization in order to avoid early attrition, Train the leaders of the different verticals constantly and ask them to inspire their team on various issues, Giving Role clarity to employees and based on that setting their KRA’s, Engage and motivate people for best possible