Académique Documents
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BACKGROUND
1857 -The foundation of the Birla Group of Companies is laid by Seth Shiv Narayan Birla cotton trading operations commence at Pilani, Rajasthan.
1947-Grasim is incorporated. (rayon weaving) 1958 -Hindalco is incorporated. (aluminium) 1966-The Indian Rayon Corporation Ltd is acquired. 1986-The Birla Growth Fund is set up. (to finance industrial equipment, plant and machinery and consumer durables, as well as for stock market operations)
1988 -joint venture with Hindustan Petroleum Corporation Ltd (to set up a three-million-ton refinery, Mangalore Refineries and Petrochemicals Ltd.
2000 -Indian Rayon acquires Madura Garments
MISSION
To deliver superior value to our customers, shareholders, employees and society at large.
Meritocracy
We are a meritocracy. People know wherever they are in the organization they are not lost. If they have merit, then on the basis of that merit alone they will bubble up to the top of the organization.
HR Policies
Recruitment policy. 360 Degree Appraisal. Training / Talent Management Recognition Benefits Happiness At Work
Some of the implementations were brought about by Mr.K.M.Birla himself and were later carried on by the organization's H.R department.
Continuous Learning
Gyana (Knowledge) and Udaya (Dawn). Two substantive ideas. A formidable combination.
Gyanodaya - The Aditya Birla Institute of Management learning, established to strengthen the management capabilities of our managers has successfully managed to achieve more.
Recognition
Individual Awards
Chairman's Awards for Individual Excellence This prestigious award felicitates individual efforts at all levels. Each year, the Chairman personally selects the winners and presents the awards amidst much pomp and splendour at the Groups awards ceremony.
Team Awards
Aditya Birla Awards for Outstanding Achievement These awards presented biennially, recognise superior teamwork, outstanding achievement (benchmarked internationally), and the long-term inspirational value exhibited.
PRIDE Awards
Performance Recognition in Delivering Excellence (PRIDE) is a monetary recognition program to reward and recognize outstanding contributions in businesses and corporate functions. These awards can be awarded for individual as well as team excellence.
Happiness at Work
If work becomes fun, it doesnt stay work anymore. It becomes an enjoyable endeavor that multiplies energy. Provides employees with opportunities to connect with each other on a regular basis. Events are designed to make the employees and their families feel as much a part of the Group.
Events like Annual Day, Kids Day Out and family picnics to Best Employer celebrations and the Sawan Mela are organised
The organizational health survey was introduced by the late 1990s, which measures the Happiness at work index. This was carried out to track the employees satisfaction at work.