Activity
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Hire for Attitude & Leadership — Not Just Experience Two people walked into an interview room. One carried years of experience, domain knowledge…
Hire for Attitude & Leadership — Not Just Experience Two people walked into an interview room. One carried years of experience, domain knowledge…
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Visionary Leader Vibhash Naik has joined HDFC Bank today as Chief Human Resources Officer (CHRO), following a nearly 14-year long stint at HDFC Life.…
Visionary Leader Vibhash Naik has joined HDFC Bank today as Chief Human Resources Officer (CHRO), following a nearly 14-year long stint at HDFC Life.…
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Projects
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Human Capital Management Project
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The Human Resources Department of ING VYSYA BANK LTD., headquartered at Bangalore, India embarked on the Human Capital Management project. At the start only few of the core HR processes were fully automated. Mainly this was the HRIS and Payroll functions which used an Oracle 7x platform. In addition there were 5-6 minor stand alone applications, though the core system – recruitment, performance management and employee mutations (like transfers, promotions and exits).
The financial…The Human Resources Department of ING VYSYA BANK LTD., headquartered at Bangalore, India embarked on the Human Capital Management project. At the start only few of the core HR processes were fully automated. Mainly this was the HRIS and Payroll functions which used an Oracle 7x platform. In addition there were 5-6 minor stand alone applications, though the core system – recruitment, performance management and employee mutations (like transfers, promotions and exits).
The financial objectives of the project were to bring savings in HR and IT of - through improved efficiency of operations, achieve a project break-even on the total investment within 3 years of going live. The non-financial objectives were to integrate all HR processes into a single platform, provide greater access & transparency of data to employees, better HR service delivery, improved control & reduced risk.
Some of the key strategies of the project were:- plain vanilla implementation of Peoplesoft HCM with minimum customization, rapid implementation, focus on process re-engineering in the current process before technology, engaging with a third party IT implementation partner, one time pan-India implementation.
The project was split into two phases. Phase 1 consisting of the Core HR processes and this had fourteen modules which were specifically chosen as they did not have any financial impact. Some of these were employee self service (ESS), manager self service (MSS) and some were admin functions.
Phase 2 had the modules which would have a financial impact on the organization. These were absence management, payroll, reimbursements, travel & halting allowances, terminal benefits and exit settlements.
The strategy of plain vanilla solution with almost zero customizations on the product was also fairly unique. This would have long term benefits in terms of reduced maintenance and easy migration to the next version releases.Other creators
Honors & Awards
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Best Mobile Learning Plateform - The Orange Owl
TISS - Chief Learning Officer Awards
Languages
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Hindi
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Tamil
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