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Sreeraj N

A - Batch
MG - 4
About
Type Public company

Industry Conglomerate

Founded 1984

Founder Ajay Piramal

Headquarter Mumbai

Area served Worldwide

Key people Ajay piramal, Swati Piramal, Nandini Piramal, Anand


Piramel
Services Pharmaceutical Healthcare, Life Science, Housing,
Capital, Healthcare Information Management
• As a trusted business entity, Piramal
group, one of the largest manufacturing
VISION companies in the world, aims to enhance
and create long-term value for its
stakeholders and the community at large.

• We aim to develops and market


MISSION standardized solutions derived from clear
and planned innovations.
Company objectives
• To foster innovation.

• Delivering superior value.

• To find opportunities to expand and diversify.

• To reflect its core values – Knowledge, Action, Care and


Impact in its operations.
HR Objectives
• To provide world class development programmes

• To ensure an environment of collaborative learning to help an


employee grow as a leader every single day.

• To provide well structured work process as well as opportunities


to share ideas and initiatives.

• To give all the benefits to employees to attain maximum


satisfaction.
Capability Performance matrix
Objectives Higher level Middle level Lower level
To ensure an environment of  Providing collaborative  Ensuring inter-  To provide the right
collaborative learning to help environment throughout departmental environment for workers to
an employee grow as a leader the organization to collaborations to facilitate work efficiently in todays
every single day. facilitate innovation. changes. ever-changing
environment.

To provide well structured  Structure the work well to  To allow for subordinates  Take initiative and help in
work process as well as maintain throughout the to express their producing superior value
opportunities to share ideas organization to better suggestions and ideas than competitors.
and initiatives. competitors. regarding processes and
work.
To give necessary benefits to  Preparing a well drafted  To ensure that all  Motivates to work and
employees to attain maximum compensation or departments are working help better the
satisfaction. remuneration plan towards the total performance.
throughout the organizational goal.
organization.
Strategic Human Resource Management @
Piramal
• The recruitment and selection process is simple starting from application,
initial interaction, interview & assessment, shortlisting, offer and joining.

• The company provides employees with immense development


opportunities; for professionals as well as frehers.

• The compensation policy is also fair, meaning the employing will develop
themselves as well as they would service the company’s customers.
Business efficacy table
Strengths Weakness
• Highly skilled employees. • Weak global presence compared to high
• Creative and innovative leadership. skilled manpower and other resources of
• Satisfied and motivated employees. global players.
• High class talent development • Limited market share due to high
programmes. competition.

Opportunities Threats
• Global presence through expansion. • Unfavorable government HR policies.
• Acquiring smaller players in the market • Global slowdown causing reduction in
and providing more work. spending.
• Turnover.
Position Rationale Table
Position Rationale subordinates
General Manager The head who is in charge of all aspects of business ranging from 4
planning, organizing, staffing, directing, controlling

Finance Manager Head of financial department who is responsible for driving the cost 4
management initiatives to improve profitability.

HR Manager Head of HR department who must be well versed with local laws 12
pertaining to manpower and be a great motivator.

Operations manager Head of operations department who is in charge of handlings and 1684
maintains all facilities availability.

Marketing Manager To generate revenue by increasing sales through successful marketing for 20
the entire organization using market research ,pricing, advertising and
public relations.
Current man power KSA Desired manpower KSA
 Team player GAP Analysis  Adaptability
 Motivated  Customer handling  Interpersonal skill
 Adaptable  Language  Situational management
 Interpersonal skill  Critical thinking  Customer handling
 Situational management  Language
GAP Closing Strategy
• New location : Brazil
• Required employees: 1724
• Employees transferred:514
• Employees recruited from locality :1210
• Recruiting and selection process through :
 Consultancy
 Direct interview.
 Advertisement.
 Contract.
Bibiliography
 http://www.piramal.com/about-us/who-we-are

 https://www.mbaskool.com/brandguide/pharmaceuticals-and-healthcare/4955-piramal-group.html

 https://www.glassdoor.co.in/Benefits/Piramal-Enterprises-India-Benefits-
EI_IE241333.0,19_IL.20,25_IN115.htm

 https://en.wikipedia.org/wiki/Piramal_Group
Thank you…..

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