Business Daily from THE HINDU group of publications
Friday, Jun 15, 2007
ePaper


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Info-Tech - Human Resources
Accenture's HR innovations `going global'

V. Rishi Kumar

Goes beyond conventional mode of employee satisfaction


Work culture
From barely 250 people in 2001, the company is poised to hit the 35,000 mark by August.
Accenture invests up to $700 million a year on training and HR.

Hyderabad, June 14 At Accenture — the $16.5 billion IT outsourcing and consultancy services provider whose employees' strength is soon expected to touch 35,000 in India by August — some innovations in their human resource practices are being rapidly replicated in other global markets.

The Senior Vice-President of Human Resources, Accenture, Mr Rahul Varma, said: "These are exciting times where innovation is making a difference to some of the HR practices in the corporation. What we do in India right from hiring talent to grooming them to Accenture work culture and then on to help build careers offering them leadership role, is now being replicated in other parts of the growing centres in the world."

Strong Demand

From barely 250 people in 2001, the company is poised to hit the 35,000 mark by the end of this fiscal (August 2007). It is experiencing strong demand for services.

With 1,52,000 employees in 48 centres, the outsourcing momentum calls for a significant ramp up. For Accenture, the outsourcing component has grown to 40 per cent up from 17 per cent some four years ago. In fact, the company added two more centres in India at Pune and Gurgaon and ramping up presence in the Philippines, Japan, China and South Africa.

Speaking to Business Line, Mr Rahul Varma said: "The Accenture approach to human resource management is modelled on employee engagement." Describing this as a metrics driven model, where it is possible to assess how an employee work is engaged and manages to strive over and above their capability, he said this "goes beyond the conventional mode of employee satisfaction."

Unique Traits

The Accenture's holistic HR management approach is based on three unique traits of creating growth opportunities, offering them learning and development prospect and lastly compensate and reward them.

Each of these has a wide breadth of services that is complemented by learning support. In fact, Accenture's courseware, apart from other career building options, covers a set of over 15,000 courses, which include cross-cultural issues.

The demographics of the Indian employees and the work culture is such that the leaning has a lot of inputs for other marketplace. Accenture invests up to $700 million a year on training and HR.

New Initiatives

Mr Varma said that there has been a seismic shift in human resource practices. Recruiting is now like part of a large supply chain. It is like manufacturing with specific requirements. In fact, the market is such that even before we run out of people to hire, we may be short of HR professionals.

"As a part of this initiative, we have partnered XLRI Jamshedpur and the first batch is poised to come out. A lot many new initiatives have been planned, including a tie up with a leading B - school in India. Just as we have arrangements with MIT, we plan to replicate in other markets," he said.

More Stories on : Human Resources | Software

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
C-DAC intent on foreign tie-ups


Infosys bags IPS Supplier award
Tata Indicom unveils unlimited free local calls
Mobile operators go for biofuel to power base stations
Tata Tele to invest Rs 200 cr in AP circle
Free calls on Tata Indicom pre-paid service
Essar Telecom Retail plans 2,500 outlets
Airtel launches `Yuva' pre-paid card
There's one PC for every 50 Indians: IDC survey
One billion PCs by 2008: Forrester
Ittiam Systems sets up presence in Paris
Intel outlines processor road map
Apple's latest Mac OS version
Intel gears up for launch of `Classmate PCs'
Wipro unveils `green' PCs
Bharatmatrimony lines up Rs 57-cr ad spend plans
Freedom of contract must yield to freedom of occupation
Accenture's HR innovations `going global'
`Cos must offshore IT services if they get second-class treatment'
Co-op bank begins SMS banking in Vizag
ISPs say spectrum allocation favours mobile operators
USID Foundation to host tech meet at Hyderabad
Cisco to fund enterprises through lease plan
GN plans to expand stores by year-end


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2007, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line