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	<title>General &#8211; Rollingarrays</title>
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		<title>SuccessFactors Talent Search &#8211; Make the Most out of it</title>
		<link>https://test.reimburse.digital/blogss/successfactors-talent-search-make-the-most-out-of-it/</link>
		
		<dc:creator><![CDATA[Admin]]></dc:creator>
		<pubDate>Fri, 09 May 2014 03:01:59 +0000</pubDate>
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		<guid isPermaLink="false">https://test.reimburse.digital/?p=2673</guid>

					<description><![CDATA[<p>During Talent Management discussion with various customers and the SF Talent Management implementation experience, there was one common question that each one of them had - "How exactly will Talent Search Help us ? " and their approach to using the Talent Search was more as a Search tool which according to me defeated the whole purpose and philosophy behind the functionality. Yes, it is a Search tool, but the buck does not stop there, and its utility lies in how well the processes are designed "before" and "after" the search activity.</p>
<p>The post <a rel="nofollow" href="https://test.reimburse.digital/blogss/successfactors-talent-search-make-the-most-out-of-it/">SuccessFactors Talent Search &#8211; Make the Most out of it</a> appeared first on <a rel="nofollow" href="https://test.reimburse.digital">Rollingarrays</a>.</p>
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	<p>During Talent Management discussion with various customers and the SF Talent Management implementation experience, there was one common question that each one of them had &#8211; &#8220;How exactly will Talent Search Help us ? &#8221; and their approach to using the Talent Search was more as a Search tool which according to me defeated the whole purpose and philosophy behind the functionality. Yes, it is a Search tool, but the buck does not stop there, and its utility lies in how well the processes are designed &#8220;before&#8221; and &#8220;after&#8221; the search activity.</p>
<p><img loading="lazy" class="aligncenter size-full wp-image-2755" src="https://test.reimburse.digital/wp-content/uploads/2014/05/Talent-Search-Make-the-Most-out-of-it-During-Talent-Management.png" alt="Talent Search - Make the Most out of it During Talent Management" width="500" height="313" srcset="https://test.reimburse.digital/wp-content/uploads/2014/05/Talent-Search-Make-the-Most-out-of-it-During-Talent-Management.png 500w, https://test.reimburse.digital/wp-content/uploads/2014/05/Talent-Search-Make-the-Most-out-of-it-During-Talent-Management-300x188.png 300w" sizes="(max-width: 500px) 100vw, 500px" /></p>
<p>The Central Idea if I may put it for the Talent Search is &#8220;Find the Best of the Lot&#8221;. It is not only about searching the employees or candidates based on your criteria, but it also about streamlining the process around choosing the best one.</p>
<p>So How does &#8220;Talent Search&#8221; help ?</p>
<p>In order to streamline the search and &#8220;Select the Best of the Lot&#8221;. I would put across just 3 Pre-Requisites</p>
<p>1. <strong>Consolidate the Information</strong> &#8211; During the implementation, I think the customer should think ahead in terms of their process to understand &#8220;What Information do I use to identify a Talent either internal or external&#8221; and the same should be incorporated into your system to ensure these details are captured from the candidates and the employees and are made available readily.</p>
<p>2. <strong>Have we completed a Talent Review process</strong> &#8211; Most organizations consider Performance Review as their central process for identifying talent, however I believe that performance being mostly retrospective in nature does not give you a right baseline to identify your talents. &#8220;Potential&#8221; being forward looking, is a much better indicator for your talent identification process and should be used in conjunction with the Performance reviews to identify your &#8220;Stars&#8221;.</p>
<p>3. <strong>Competency Based Evaluation</strong> &#8211; Talents are all about behaviors and skills. Yes, Goals and Targets are required however in order for anyone to achieve them, the employees should be exhibiting the required skills and competencies. Hence without an appropriate Competency evaluation for present and future roles, the identification process again goes back to next available option which is performance which again only tells you how good an employee was but extrapolating the same for future talent identification might not be giving you the correct data. This also applies to the Hiring Process i.e. the candidates are evaluated on the Competencies and skills rather than just their achievements.</p>
<p>With the above 3 processes in place, I believe one can extract the full potential of the Talent Search functionality.</p>
<p>1. <strong>Create Criteria</strong> using vast amount of information captured i.e. the Competency Rating range, Experience, Talent Flags e.t.c. With Talent data now available form the review process and the competency evaluation done, build the right criteria using the competency score, data and required weight against each criteria. This is important since without this, it comes out to be just a search tool as good as an Excel, and the talent identification goes back to being filtering an excel to find out the right person.</p>
<p><img loading="lazy" class="alignnone wp-image-2675 size-full" src="https://test.reimburse.digital/wp-content/uploads/2015/11/talentsearch.jpg" alt="talentsearch" width="300" height="154" /></p>
<p>2. <strong>Understand the Search Result Page</strong></p>
<p>Based on the Criteria and Weight provided for each criteria, the search result provides the results and ranks them based on the match %. In addition to that the Talent Review result (9-Box) is provided on the search result page for quick view. I would emphasize again on the step 1 here because, Without proper criteria, the search results just churns out name just as in a directory!</p>
<p><img loading="lazy" class="alignnone wp-image-2676 size-full" src="https://test.reimburse.digital/wp-content/uploads/2015/11/resultpage.jpg" alt="resultpage" width="450" height="215" /></p>
<p>3.<strong> Analyze</strong></p>
<p>The Analysis tool is the most important step in the talent process where one can have the Side-by-Side view of the selected employees and it gives you the option to compare on all the data attributes that are captured or the performance and Potential attributes of the employees.</p>
<p><img loading="lazy" class="alignnone wp-image-2677 size-full" src="https://test.reimburse.digital/wp-content/uploads/2015/11/analyze.jpg" alt="analyze" width="300" height="178" /></p>
<p>Lastly I would say</p>
<p>Without the right tool, any process can become tedious and error prone. With the right tool not being used in the right manner, the process can be made much more tedious and error prone. Hence it is important that one understands the philosophy behind the tool and use it the right way and in a way it was designed to be used.</p>

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<p>The post <a rel="nofollow" href="https://test.reimburse.digital/blogss/successfactors-talent-search-make-the-most-out-of-it/">SuccessFactors Talent Search &#8211; Make the Most out of it</a> appeared first on <a rel="nofollow" href="https://test.reimburse.digital">Rollingarrays</a>.</p>
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		<title>The Five Myths of Compensation Management — Exposed</title>
		<link>https://test.reimburse.digital/blogss/the-five-myths-of-compensation-management-exposed/</link>
		
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		<pubDate>Mon, 21 Apr 2014 08:33:52 +0000</pubDate>
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		<guid isPermaLink="false">https://test.reimburse.digital/?p=2691</guid>

					<description><![CDATA[<p>Even within the well-run companies, pockets of resistance or misunderstanding can pop up among managers who are ultimately accountable for bringing pay strategies to life. You may have heard some of these myths:</p>
<p>The post <a rel="nofollow" href="https://test.reimburse.digital/blogss/the-five-myths-of-compensation-management-exposed/">The Five Myths of Compensation Management — Exposed</a> appeared first on <a rel="nofollow" href="https://test.reimburse.digital">Rollingarrays</a>.</p>
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	<p><img loading="lazy" class="aligncenter size-full wp-image-3789" src="https://test.reimburse.digital/wp-content/uploads/2014/04/Compensation-Management-Myths-Exposed-Facts-01.png" alt="Compensation-Management-Myths-Exposed-Facts-01" width="800" height="400" srcset="https://test.reimburse.digital/wp-content/uploads/2014/04/Compensation-Management-Myths-Exposed-Facts-01.png 800w, https://test.reimburse.digital/wp-content/uploads/2014/04/Compensation-Management-Myths-Exposed-Facts-01-768x384.png 768w" sizes="(max-width: 800px) 100vw, 800px" /><br />
Even within the well-run companies, pockets of resistance or misunderstanding can pop up among managers who are ultimately accountable for bringing pay strategies to life. You may have heard some of these myths:</p>
<p>1. <strong><em>“All of my people are good performers or they wouldn’t be here.”</em></strong> While this statement may be true, numerous industry reports conﬁrm that companies improve performance — in terms of both revenue and proﬁtability — when their compensation and rewards programs are clearly differentiated based on individual performance.</p>
<p>2. <strong><em>“The company met its year-end targets, so everyone should share the same rewards.”</em></strong> There are times when spreading compensation rewards evenly across the organization is perfectly appropriate — for example, the sharing of team or proﬁt-based bonuses. However, this type of “peanut butter” approach doesn’t work for rewarding your top performers. Actually, it can create retention problems for these high-value employees.</p>
<p>3. <strong><em>“I can’t afford to discourage or disengage anyone on my team with no pay increase. I’m short-staffed as it is.”</em> </strong>Diverting well-earned rewards from top performers is the disengagement risk you should worry about most. Holding a frank conversation with an underperforming employee who’s receiving a minimal pay increase may be challenging. However, these conversations are an essential part of a compensation strategy that rewards results.</p>
<p>4. <strong><em>“I know some people talk about confidential pay issues, and I don’t want the word to spread.”</em> </strong>When employees clearly understand how their performance will be evaluated and rewarded in a transparent way, they’re less likely to have misgivings about a compensation program.</p>
<p>5. <strong><em>“I don’t have enough insight to differentiate performance.”</em></strong> Managers need factual and relevant feedback, observations, insight, and data to make fair decisions about pay. Getting quality information like this can be difﬁcult and time-consuming, especially when working with paper or spreadsheets. An automated compensation solution makes it easier for managers to make sound pay decisions based on a complete picture of employees’ performance.</p>
<p>Attracting, motivating, and maintaining a productive workforce requires more than equitable salaries and wages. Don’t let these myths prevent you from moving toward performance-based rewards. Effective compensation management, as part of an integrated performance management process, can engage employees, ignite better performance, improve execution, and ensure retention of the true top talent. You can dispel these myths easily with a few simple steps: a focus on total rewards, the alignment of goals, appropriate calibration and differentiation, the right technology, and good employee communication.</p>
<p><em>Source: SuccessFactors “ Pay, Performance, and Productivity”white paper</em></p>
<p>&nbsp;</p>
<p><span data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;Rolling Arrays\u00a0is Asia\u2019s premier award winning HR transformation company, headquartered in Singapore with offices in 6 countries. Since its inception in transformation projects for more than 50 blue-chip clients across Asia. A consultative approach to HR processes, HR functions and HR software is \rRolling Arrays core expertise and the primary catalyst for its success.&quot;}" data-sheets-userformat="{&quot;2&quot;:769,&quot;3&quot;:&#091;null,0&#093;,&quot;11&quot;:4,&quot;12&quot;:0}"><strong>Rolling Arrays</strong> is Asia’s premier award winning HR transformation company, headquartered in Singapore with offices in 6 countries. Since its inception in transformation projects for more than 50 blue-chip clients across Asia. A consultative approach to HR processes, HR functions and HR software is Rolling Arrays core expertise and the primary catalyst for its success.</span></p>

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<p>The post <a rel="nofollow" href="https://test.reimburse.digital/blogss/the-five-myths-of-compensation-management-exposed/">The Five Myths of Compensation Management — Exposed</a> appeared first on <a rel="nofollow" href="https://test.reimburse.digital">Rollingarrays</a>.</p>
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		<title>Happiness and Peace at Work</title>
		<link>https://test.reimburse.digital/blogss/happiness-and-peace-at-work/</link>
		
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		<pubDate>Fri, 03 Jan 2014 03:04:58 +0000</pubDate>
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					<description><![CDATA[<p>Everyone would agree that happiness at workplace is directly proportional to the productivity. Studies show that when employees are happy &#038; at peace with their work, it is reflected in their work &#038; the final outcome is tremendous.</p>
<p>The post <a rel="nofollow" href="https://test.reimburse.digital/blogss/happiness-and-peace-at-work/">Happiness and Peace at Work</a> appeared first on <a rel="nofollow" href="https://test.reimburse.digital">Rollingarrays</a>.</p>
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<p>Everyone would agree that happiness at workplace is directly proportional to the productivity. Studies show that when employees are happy &amp; at peace with their work, it is reflected in their work &amp; the final outcome is tremendous. As Edison once said “I never did a day’s work in my life – it was all fun”. Then again work is called “work” for a reason. It’s not all fun &amp; games. But how much fun is too much fun? There is a thin line between “fun at work” helping to keep the employee’s morale &amp; productivity up &amp; “fun at work” getting in the way of <i>actually</i> doing the work. Mostly perceived as an employer’s responsibility, employees can help themselves enjoy their work more by cultivating a few simple but good habits</p>
<p><em><strong>Punctuality </strong></em></p>
<p>Being on time at work or work related activities shows traits of a true professional. It helps gain trust among peers &amp; employers that the person is capable of keeping his/her word &amp; also values &amp; respects others time. The entire workplace runs smoothly if the employees &amp; employers are on time for work.</p>
<p><em><strong>Friendly Morning greeting</strong></em></p>
<p>A simple Hello or Good morning wish not only lays foundation for a good day but also helps break the ice with the colleagues. More than anything else it’s the mere acknowledgement of the presence of someone is the first lesson of interpersonal communications. Saying ‘good morning’ makes things less awkward when you inevitably have to address your co-worker later in the day.</p>
<p><em><strong>Avoid Gossips</strong></em></p>
<p>Most people know that its best and professional to avoid gossips at workplace. It creates unnecessary tension &amp; people become judgemental towards each other. Although it is difficult to control workplace gossip, but you can control yourself by not being a part of it. Change the subject of the conversation whenever you feel that someone is trying to share some information or say something that you don’t want to be part of.</p>
<p><em><strong>Be open to Feedbacks</strong></em></p>
<p>Feedbacks, whether good or bad helps you grow not only professionally but personally too. You learn about certain aspects of your work which even you may not be aware of. No one is perfect hence you cannot expect to receive positive feedbacks from superiors or peers every time. Like positive feedbacks boosts your confidence &amp; negative feedbacks should motivate you to strive towards achieving what you have lacked so far.</p>
<p><em><strong>Compliment others</strong></em></p>
<p>Its alright to engage in a healthy competition in office but it doesn&#8217;t mean you cannot compliment others on their achievements &amp; success.</p>
<p><em><strong>Grow a social circle</strong></em></p>
<p>A friendly workplace is a happy one. Liking &amp; enjoying co-workers increases your happiness quotient at work. It adds another element that you look forward to while coming for work.</p>
<p><em><strong>Don’t compare yourself with others</strong></em></p>
<p>Different people come from different places &amp; head their own way. Drawing comparisons may lead to workplace tensions &amp; inferiority or superiority complex. You strive towards achieving your own goals &amp; giving your best shot at it.</p>
<p>Happiness is an inside job. We decide how happy we want to be. A little positivity &amp; change in attitude can help achieve a perfect work-life balance far more easier.</p>

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		<title>SuccessFactors Goal Execution Module</title>
		<link>https://test.reimburse.digital/blogss/successfactors-goal-execution-module/</link>
		
		<dc:creator><![CDATA[Admin]]></dc:creator>
		<pubDate>Fri, 20 Dec 2013 04:02:35 +0000</pubDate>
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		<category><![CDATA[Goal Setting]]></category>
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		<category><![CDATA[Motivation]]></category>
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					<description><![CDATA[<p>A lot of our customers are overwhelmed by the SuccessFactors Goal Execution module but at the same time they also do question the practicality of the product when implemented. While we look back at this question, I believe we need to understand the philosophy behind the concept of Goal Execution as I see it, to appreciate the effectiveness and the need to adapt to the concept.</p>
<p>The post <a rel="nofollow" href="https://test.reimburse.digital/blogss/successfactors-goal-execution-module/">SuccessFactors Goal Execution Module</a> appeared first on <a rel="nofollow" href="https://test.reimburse.digital">Rollingarrays</a>.</p>
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				<p><strong>Goal Execution</strong></p>
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	<p><span style="font-style: inherit; font-weight: inherit; line-height: 1.625;"><img loading="lazy" class="aligncenter size-full wp-image-3792" src="https://test.reimburse.digital/wp-content/uploads/2013/12/goal-creative-01.png" alt="goal creative-01" width="750" height="500" srcset="https://test.reimburse.digital/wp-content/uploads/2013/12/goal-creative-01.png 750w, https://test.reimburse.digital/wp-content/uploads/2013/12/goal-creative-01-300x200.png 300w" sizes="(max-width: 750px) 100vw, 750px" /><br />
A lot of our customers are overwhelmed by the SuccessFactors Goal Execution module but at the same time they also question practicality of the product when implemented. While we look back at this question, I believe we need to understand the philosophy behind the concept of Goal Execution as I see it. Appreciate the effectiveness and the need to adapt to the concept.</span></p>
<p style="text-align: justify;">We all agree that one main dimension that affects performance of an employee is “motivation”.  If we look back at DR Edwin Locke’s research on goal setting and motivation in the 60’s, it has been clearly established that specific and difficult goals, with feedback, lead to higher motivation and this has been substantiated by studies conducted at workplaces. So, how does goal-setting theory work?</p>
<ul>
<li>Directs attention</li>
<li>Regulate effort</li>
<li>Increase persistence</li>
<li>Foster the development and application of task strategies and action plans</li>
</ul>
<p style="text-align: justify;"><span style="font-style: inherit; font-weight: inherit; line-height: 1.625;">Most companies today have adopted the &#8220;SMART&#8221; Goal setting process but we also need to look at the 5 principles of the goal setting in parallel and strike the right balance which can help companies drive motivation and that is where goal execution plays a very significant role.</span></p>
<p style="text-align: justify;"><strong>Clarity</strong> – The Goals have to be clear and unambiguous. It is clearly seen that when employees have clear goals and a definite time set for completion, it drives motivation through clear expectations rather than vague goal such as “Be Proactive” which has limited motivational value.</p>
<p><img loading="lazy" class="alignnone wp-image-2659 size-full" src="https://test.reimburse.digital/wp-content/uploads/2015/11/goalsetting1.png" alt="goalsetting1" width="300" height="233" /></p>
<p style="text-align: justify;"><strong>Challenge</strong> – Employees are motivated by achievement and their engagement and effort is driven by the sense of Significance. Tying the rewards to the goals make sure that there is sense of accomplishment and from an organization point of view its fulfilling to reward such goals. One has to also ensure that a right balance it maintained between Challenging and Realistic. Setting unrealistic challenging goals will be demotivating and may have worse effect than setting simple goals.</p>
<p style="text-align: justify;"><strong>Commitment</strong> – Commitment can be driven by Proactive goal setting by employees or having a goal setting discussion where Managers set or cascade the goals to the employees or combination of these methods.  Commitment is also driven by the difficulty of the goal and it is observed that difficult and challenging goals motivate employees and the rewards tied to such goals are also fulfilling.</p>
<p style="text-align: justify;"><img loading="lazy" class="alignnone wp-image-2660 size-full" src="https://test.reimburse.digital/wp-content/uploads/2015/11/goalsetting2.png" alt="goalsetting2" width="300" height="128" /></p>
<p style="text-align: justify;"><strong>Feedback</strong> – Constant engagement, reviews and discussion is important. Since the goals are measurable, it may be broken down into smaller milestones and regular feedbacks and checkpoints will keep the employees focussed and motivated. However one has to ensure that there is constructive feedback during the process.</p>
<p style="text-align: justify;"><img loading="lazy" class="alignnone wp-image-2661 size-full" src="https://test.reimburse.digital/wp-content/uploads/2015/11/goalsetting3.png" alt="goalsetting3" width="450" height="165" /></p>
<p style="text-align: justify;"><strong>Task Complexity</strong> &#8211; For goals or assignments that are highly complex, one has to ensure that the work targets do not go out of reach. It&#8217;s therefore important to Give realistic Time frame and Provide tools and opportunities to learn in order for the employee to develop required skill set to execute the goal</p>
<p style="text-align: justify;"><a href="https://test.reimburse.digital/wp-content/uploads/2015/11/goalsetting4.png"><img loading="lazy" class="alignnone size-medium wp-image-2662" src="https://test.reimburse.digital/wp-content/uploads/2015/11/goalsetting4-300x41.png" alt="goalsetting4" width="300" height="41" /></a></p>
<p style="text-align: justify;"><strong>In summary, </strong></p>
<ul>
<li>Setting Specific and difficult goals, with feedback, lead to higher performance, particularly for simple rather than complex tasks</li>
<li>Goal commitment strengthen the effect of goal-setting on performance regardless of how the goal was set &#8211; self assigned, cascaded or discussed.</li>
</ul>
<p>&nbsp;</p>
<p><span data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;Rolling Arrays\u00a0is Asia\u2019s premier award winning HR transformation company, headquartered in Singapore with offices in 6 countries. Since its inception in transformation projects for more than 50 blue-chip clients across Asia. A consultative approach to HR processes, HR functions and HR software is \rRolling Arrays core expertise and the primary catalyst for its success.&quot;}" data-sheets-userformat="{&quot;2&quot;:769,&quot;3&quot;:&#091;null,0&#093;,&quot;11&quot;:4,&quot;12&quot;:0}"><strong>Rolling Arrays</strong> is Asia’s premier award winning HR transformation company, headquartered in Singapore with offices in 6 countries. Since its inception in transformation projects for more than 50 blue-chip clients across Asia. A consultative approach to HR processes, HR functions and HR software is Rolling Arrays core expertise and the primary catalyst for its success.</span></p>

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<p>The post <a rel="nofollow" href="https://test.reimburse.digital/blogss/successfactors-goal-execution-module/">SuccessFactors Goal Execution Module</a> appeared first on <a rel="nofollow" href="https://test.reimburse.digital">Rollingarrays</a>.</p>
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		<title>A  Take on Change Management by KM Birla</title>
		<link>https://test.reimburse.digital/blogss/change-management-km-birla/</link>
		
		<dc:creator><![CDATA[Admin]]></dc:creator>
		<pubDate>Thu, 19 Dec 2013 02:19:28 +0000</pubDate>
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		<guid isPermaLink="false">https://test.reimburse.digital/?p=2654</guid>

					<description><![CDATA[<p>We have a lot of emphasis that we draw with "Best Practices", "Proven Methodologies", "Standardization", but I think it is all sometimes over rated. On one hand it does provide you a good direction for a fruitful journey, but on the other hand I believe it limits your reach and ability to innovate. "Best Practices" are good, but there are better practices existing which needs to be uncovered and that is what innovation is all about.</p>
<p>The post <a rel="nofollow" href="https://test.reimburse.digital/blogss/change-management-km-birla/">A  Take on Change Management by KM Birla</a> appeared first on <a rel="nofollow" href="https://test.reimburse.digital">Rollingarrays</a>.</p>
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	<p><img loading="lazy" class="aligncenter wp-image-2775 size-full" src="https://test.reimburse.digital/wp-content/uploads/2013/12/One-size-doesnt-fit-all.jpg" alt="Change Management - KM Birla" width="621" height="217" srcset="https://test.reimburse.digital/wp-content/uploads/2013/12/One-size-doesnt-fit-all.jpg 621w, https://test.reimburse.digital/wp-content/uploads/2013/12/One-size-doesnt-fit-all-300x105.jpg 300w" sizes="(max-width: 621px) 100vw, 621px" /></p>
<p>We have a lot of emphasis that we draw with &#8220;Best Practices&#8221;, &#8220;Proven Methodologies&#8221;, &#8220;Standardization&#8221;, but I think it is all sometimes over rated. On one hand it does provide you a good direction for a fruitful journey, but on the other hand I believe it limits your reach and ability to innovate. &#8220;Best Practices&#8221; are good, but there are better practices existing which needs to be uncovered and that is what innovation is all about.</p>
<p style="text-align: justify;">I just want to Quote an article in this post which I believe very well sums up the point and also provides a great deal of insight into Change Management.</p>
<blockquote>
<h1 id="rightframe_1_articleTitle">Butter chicken at Birla</h1>
<h2 id="rightframe_1_articleDescription">What succeeds at home may not work overseas. The chairman of Aditya Birla Group, Kumar Mangalam Birla, says Indian companies must be prepared to change long-held traditions if they are to thrive on the global stage.</h2>
<p><strong>Mahatma Gandhi</strong> was killed in my great-grandfather’s home. Near the end of his life, India’s founding father used to stay at Birla House when he came to Delhi, and in January 1948 an assassin shot him point-blank as he walked out into the grassy courtyard where he held his daily prayer meetings. The house and garden are now a shrine and museum, visited by tens of thousands of admirers every year.</p>
<p>Growing up, I hardly needed to visit the memorial to be reminded of the values held by my close-knit Marwari family. Our tiny community, originally from Rajasthan, has had spectacular success in business, in part because we have maintained tight familial relations and traditional values—including many of those promoted by Gandhi himself. Marwari traders apprenticed their sons to other Marwari firms, loaned each other money, and insured one another’s goods, confident that their partners held to these same codes. To some in the West, our ways probably looked old-fashioned: when I took over the company, in 1996, at age 29, after the sudden death of my father, no meat was cooked in Birla cafeterias; no wine or whiskey was served at company functions.</p>
<p>Seven years later, we bought a small copper mine in Australia. The deal wasn’t a huge one, worth only about $12.5 million, but it presented me with a unique challenge of the sort I had not yet faced as chairman. Our newest employees were understandably worried about how life might change under Indian ownership. Would they have to give up their Foster’s and barbecues at company events? Of course not, we reassured them.</p>
<p>But then several of my Indian managers asked why <em>they</em> should have to go meatless at parties, if employees abroad did not. At Marwari business houses, including Birla, the top ranks of executives traditionally have been filled with other Marwaris. I had introduced some managers from other firms and other communities, and they had a valid point. I was genuinely flustered. My lieutenants were relentless: I had never faced a situation where my own people felt so strongly about something. Yet at the same time, I knew vegetarianism was a part of our values as a family and as a company. A core belief! I had broken a lot of family norms, but I thought this one was going to be multidimensionally disastrous for me.</p>
<p>Fortunately, my grandparents merely laughed when I approached them with my dilemma: they understood better than I did that our company had to change with the times. If we wanted to make our mark on the world, we had to be prepared for the world to leave its mark on us.</p>
<p>The Aditya Birla Group is now one of India’s most globalized conglomerates. We have operations in 36 countries on five continents and employ 136,000 people around the world. Over 60 percent of our revenues come from overseas. In the 1970s, my father, frustrated by the heavy-handed and corrupt “license raj” at home, expanded widely in Southeast Asia. Since I took over as chairman, we’ve made a dozen acquisitions overseas, worth a total of more than $8 billion, in sectors as varied as mining, pulp, aluminum, and insurance. We’ve branched out into Australia, America, Canada, and Europe. For the moment, our top management remains all-Indian, even if not all-Marwari. But I would guess that within a decade, half of our most senior staff will be non-Indian.</p>
<p>We have expanded internationally for many reasons—sometimes to spread our bets, sometimes because we found it impossible to open a plant in India as fast and as cheaply as we could abroad. In each case, we’ve based our decision on whether or not the deal would increase shareholder value. Yet when I look around me, I see too many Indian companies eager simply to be written about as global players. Sometimes that clouds the fundamentals of making an overseas acquisition or having an overseas presence. To globalize for the sake of globalizing, as a matter of ego, is perilous. Expanding internationally is hard, risky work. And as I was reminded the first time I saw butter chicken being served in a Birla canteen, the most difficult challenges turn out to be the ones you least expect&#8230;&#8230;.</p>
<p>Courtesy: <a href="http://www.mckinsey.com/insights/asia-pacific/butter_chicken_at_birla">http://www.mckinsey.com/insights/asia-pacific/butter_chicken_at_birla</a>
</p></blockquote>
<p><span data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;Rolling Arrays\u00a0is Asia\u2019s premier award winning HR transformation company, headquartered in Singapore with offices in 6 countries. Since its inception in transformation projects for more than 50 blue-chip clients across Asia. A consultative approach to HR processes, HR functions and HR software is \rRolling Arrays core expertise and the primary catalyst for its success.&quot;}" data-sheets-userformat="{&quot;2&quot;:769,&quot;3&quot;:&#091;null,0&#093;,&quot;11&quot;:4,&quot;12&quot;:0}"><strong>Rolling Arrays</strong> is Asia’s premier award winning HR transformation company, headquartered in Singapore with offices in 6 countries. Since its inception in transformation projects for more than 50 blue-chip clients across Asia. A consultative approach to HR processes, HR functions and HR software is Rolling Arrays core expertise and the primary catalyst for its success.</span></p>

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<p>The post <a rel="nofollow" href="https://test.reimburse.digital/blogss/change-management-km-birla/">A  Take on Change Management by KM Birla</a> appeared first on <a rel="nofollow" href="https://test.reimburse.digital">Rollingarrays</a>.</p>
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