26987155 talent management the genpact story
TRANSCRIPT
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1 All Rights Reserved. Copyright Genpact (2006).
Confidential. All trademarks appearing herein belong to their respective owners.
Talent Management: The Genpact Story
Sangeeta Murthi Sahgal
Vice President & Corporate Learning Leader
ASTD 2006Dallas, US
May 8, 2006
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2 All Rights Reserved. Copyright Genpact (2006).
Confidential. All trademarks appearing herein belong to their respective owners.
Meeting Business & Technology Services Needs
Europe
1,400 employeesacross Hungary& Romania
China
1,500 employeesin Dalian
India
17,500employees
across five majorcities
US & Mexico
2,600 employeesin Mexico & theU.S.
Vertical Experience & Process Depth 15 industries
1,000+ processes
80+ customers
Reduced Operational Risk
Managing the Knowledge of 1,000+transitions
Regulatory compliance focus across allmajor jurisdictions
Visibility & Control Over Operations Advanced dashboard technology for
increased transparency
Real-time views of transactional, operationaland business metrics
Relentless Focus on Process Excellence Six Sigma quality and LEAN productivity techniques cornerstones of our GE heritage
Single-minded focus on quality and business impact
through Global Right-Shore Delivery Centers
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3 All Rights Reserved. Copyright Genpact (2006).
Confidential. All trademarks appearing herein belong to their respective owners.
Manufacturing
Supply chain services
Forecasting & planning Sourcing/procurement/
ordering
Equipment monitoring Field services support Logistics support
Transportation
Asset Monitoring
Airline operations Revenue/yield mgmt
customer support
Marketing services Customer support Contract Management
Business Services
Contract management
Pricing analysis
Marketing services
Sales force training
Asset monitoring
Information Management
Insurance
Agent services
Actuarial analysis Underwriting support Claims processing Policy administration Risk management Product development
Banking/Finance
Credit applicationevaluation
Customer support
Lead generation
Financial modeling
Research
Portfolio management
Finance & Accounting Procure to Pay, Order to Cash, Record to Report, Gen. Acct., Hire to Retire, Treasury & Tax
With Proven Experience Across Multiple
Industries & Processes
Airlines, car/truck
manufacturers, car rentals,
rail, trucking, shipping,
courier & cargo firms
Me
C
Consumer, Commercial,
Mortgage, Investment
Banking & Real Estate
Life, Property & Casualty,
Mortgage, Reinsurance,
Health, Long-Term Care
OEMs, Chemicals, Oil&
Gas, Pharmaceuticals,
Healthcare, Industrials
dia & Entertainment,
ommunications, Retail
Sales & Marketing Analytics Market Research, Database Marketing, Credit & Risk Modeling, Pricing Analysis, CRM
Customer Service Online/ Inbound Customer Care, Account Management, Contract Management
Financial Services Collections / Ops Risk Mgmt, Underwriting, Booking/Funding, Cash Applications, Collections
Supply Chain & Procurement Procurement Services, Logistics Support, Vendor Support & Mgmt, Spend Analysis
Information Technology ServicesEnterprise App Svcs & Program Mgmt
IT End-User Computing and Remote Infrastructure Management
Aftermarket Services Field Engineering Services, Warranty & Repair Support, Parts Dispatch Services
Transaction Services Application Processing, Claims Processing, Document Mgmt, Billing Services, Order Mgmt
Design, Implementation & Support Solutions in ERPs, CRMs, & Content Development
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4 All Rights Reserved. Copyright Genpact (2006).
Confidential. All trademarks appearing herein belong to their respective owners.
Genpacts Growth Story
1997-2000 (GECIS) 2001-2004 (GECIS) 2005-2009 (Genpact)
Employees
Attract talent
Focus on process training
Design long-term careerpath
Attract right talent
Focus on best-practice-sharing
Develop future leadershiptalent
Strategically partner withacademic institutes to groom talent
Retain high-vintage talent
Develop domain expertise
Key Imperatives for Talent Management
Only Voice-Based Services Voice and Knowledge-IntensiveServices
Voice and Knowledge-Intensive Services
Customer-base
1,200 4,500 5,500 12,000 19,000 45,000 (Projected)
20+ Fortune 500
customersandgrowing
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5 All Rights Reserved. Copyright Genpact (2006).
Confidential. All trademarks appearing herein belong to their respective owners.
Talent Development Snapshot
Running a >5500 Person
Equivalent UniversityInternational Recognition
Rated 6th in BEST Award
2005 by American Society for
Training & Development
(ASTD)
Over8,000 new hires inducted
Over15,000 people covered in
professional & leadership skillsdevelopment programs
Over10,000 people covered in SixSigma and Lean training
Over2 MM training hours delivered
Over3,300 people registered forContinuing Education programs
Over280+ certified trainers deliver1,000+ Learning Path programs
2005 Outstanding Case
Study Gold Award from
Brandon Hall
2005 Excellence in Education
award by Life Office
Management Association,
USA; also awarded in 2001
and 2002
Induct and Integrate each new hire
Build domain expertise across diverse business verticals and functions
Cover 10,000+ employees globally under Education@Work programs by 2008
Build Leadership Depth Generic (4,000+) and Functional (500+)
Growth Imperatives for 2006 & 2007
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Embedding Training in Organizations Processes
Building a Training Academy to develop skills needed to meet hiring slate .
with a conversion rate >60% scaling to recruit >10,000 pa
Comprehensive communicative skills framework ensures 98% success rate -
highest in the industry
Widen Hiring Pool
Public domain training and certificationsLOMA, PMP,CPA, ITIL, CCNA
Learning path including contextual knowledge for 1,000+ processes across
industry verticals & service horizontals
DevelopDomain Expertise
Tight Integration between performance measurement and learning interventions
using Six Sigma and Lean
Process Knowledge Assessments define Personal Development Plans and
coaching/mentoring
Improve MetricsConsistently
Extensive use of eLearning and Simulations increasing speed of learning and
retention to be released to operations
Training effectiveness metrics defined by business / operating metrics
Generate RevenueFaster
Learn
Perform
Hire
Develop
ContinuingEducation @ Work
Partnering with leading universities & institutions to bring higher education into
the workplace . Linking to career paths
>3,000 enrolments in a wide range of programs to meet diverse needs MBA,
Languages
Retain
DevelopLeadership Depth
Develop generic and functional leadership through integrated business,
performance, training, and coaching practicesLead
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Training Design & Development Methodology
NeedsAnalysis InterventionDesign ContentDevelopment ContentDelivery
ContentMaintenance
Performance &
Learning /
Content NeedsAnalysis
Curriculum
Design
Assessment /certification
design
Performance
support
frameworkdesign
Training Material
Performance
support tools
Portals
SOPs
Internal
communication kits
Classroom
delivery
Online contentdelivery using
Oracle LMS
Content
Translation
Content updates
Curriculum
enhancements
. to Meet Key Performance Metrics Time-to-productivity improved by 30% over 3 years
Training yield > 90%
Service delivery defect rate reduction
Process knowledge assessment success > 90% (75% first-pass)
Improvement in customer satisfaction - Net Promoter Score
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Leveraging Genpact Content SolutionsWorld-Class Services
Product Product/ServiceContent
Management
New Service Launch Communication Campaigns
Website & Portals
Employees & Customer training
Media Creation Tradeshow & customer presentations
Customer and Employee Newsletters
Marketing Collateral
Learning &
Performance
Support
People Learning Needs Analysis E-Learning, Electronic Performance
Support Systems
Simulations
Classroom Training Design New Hire Orientation
Process Content
Management
Process Policies & Procedures Management Compliance training
Digitization/Automation Tools
Process Documentation & Training
ROI-based Approach,Impacting Performance Improvement
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Reducing Hiring Cost & Building Resource Capacity
Unavailability of right - skilled resources: Increase in hiring cost
Reduced capacity and revenue leakage
50% new hires rejected by operations teams
Resolution on First Call(ROFC) dropped to 64%
Decrease in productivity and customer satisfaction.
3-tier learning architecture blended delivery
A complete learning cycle of concepts, task-based
simulations, and scenario-based problem solving
practice sessions by task/activity typeBuild complex
problem solving
skills in combined
task / activity groupsBuild proficiency in
performing task /
activity multiple
senses
Conceptual
knowledge of task /
activity type
Business Challenge
Solution
ROI:
$ 204,000 in 2005
$ 1MM estimated projectionfor 2006
Impact
46% reduction in Hiring Cost19% increase in capacity
O C & f
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10 All Rights Reserved. Copyright Genpact (2006).
Confidential. All trademarks appearing herein belong to their respective owners.
Reducing Operational Cost & Building Proficiency
4 week Time to Proficiency of new hires inoutbound collections processes lead to:
High operational cost
High time-off-job for training
Intense simulation-based learning modules
cover all the possible situations
encountered on the job
Business Challenge
Solution
Impact
Time-to-proficiency reduced by50% to 2 weeks
Operational cost reduced by 4%,via reduction in time-off-job for
re-training
Practice Scenarios
Game-basedScenarios
Real-life experience
ImprovedRetention
FasterLearning
Learning By Doing
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11 All Rights Reserved. Copyright Genpact (2006).
Confidential. All trademarks appearing herein belong to their respective owners.
Talent Management . The Road Ahead
DomainExpertise &Leadership
Development
Business Plan
Performancesupport
SkillDevelopment
PerformanceManagement
SkillsInventory
Assessment
Hiring
Leveraging Oracle Recruitment, HR,
Competency Management andLearning Management System to
integrate talent management
processes
Integrate Education@Work & public
domain expertise with learning
management
Defining and implementing resource
management to optimize training
operations
Induct and Integrate every
employee
Build domain expertise in diversebusiness verticals and functions
Cover 10,000 employees globally
under Education@Workprograms by 2008
Build leadership depth Generic(4000+) and Functional (500+)
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12 All Rights Reserved. Copyright Genpact (2006).
Confidential. All trademarks appearing herein belong to their respective owners.
www.genpact.com
Ursula Berlinger
Business Development
+1 (203) 570-3408
Contact Information
Sangeeta Murthi Sahgal
Vice President &Corporate Learning Leader
+91 (124) 402-5501