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Richard Branson, Founder Virgin Atlantic, said, “I have always believed that the way you treat your employees is the way they will treat your customers and that people flourish when they are praised.” In many ways what he said, sums up our experiences as well, with talent management and customer centricity.
In February 2016, almost one and half years into the Phase One of deployment of Shared Services Operating Model within Piramal Enterprises Ltd’s Healthcare businesses, while the completion of planned process transitions was very much in sight, an obvious question bothering us was what’s next? With an able team at the helm & strong leadership support at all levels, the Global Business Shared Services (GBSS) team had been able to manage systematic process transitions and achieve rapid process stabilization.
However for the moment, the larger questions were about sustaining the momentum achieved, keeping the shared services team engaged & motivated and leveraging the shared services model in other operating entities within the Piramal Group so that they too can reap the benefits of this successfully running operating model of Healthcare Division.
Within the GBSS, one could already see some of the challenges that lay ahead, like:
On the other hand, the internal customers were perhaps, beginning to believe that the GBSS team took a very narrow process view, without an end-to-end outlook on the composite value chain/ work-stream. They felt that the GBSS team does not take accountability for business outcomes in the manner they (as customers) would like GBSS to.
It was clearly necessary to address these immediate challenges, since having a successful GBSS strategy was imperative for the future.
It was time to go back to the drawing board and introspect. After several rounds of deliberation, the strategic themes that emerged from this exercise were the need to:
We felt that the logical sequence of things should be to first address matters concerning people so that we can create the right environment and right mind-set for addressing Customer and Process Accountability and Innovation related strategic imperatives. The timing also seemed right as we were already a large team, by then.
In June 2016, we went into execution mode on this theme. We worked on a six-pronged approach to address the Talent Management related strategic priorities:
Specific action steps were created and implemented to target each of the strategic priorities, individually and collectively, such as:
Alongside the work on People priorities, we simultaneously started working on various other fronts to embed Customer Centricity and Process Accountability within GBSS. By end of FY 2016-17 we had already done a fair bit of work, demonstrated by:
At the start of FY 2017-18, GBSS was not only managing Finance & Accounting, but also Supply Chain and Human Resources operations for various plants and offices within the Healthcare business. As the year progressed, the team started looking beyond the Healthcare businesses to expand the shared services reach.
It was imperative that the frontline staff took up a bigger role in managing the existing business and participate actively in the innovation led continuous improvement journey. Up until then, the GBSS leadership team used to front-end all key customer interactions and spearhead all the continuous improvement projects. It now became necessary to empower the frontline team so that they feel confident of addressing day-to-day customer issues without there being a need for leadership escalation.
‘I have the Power’ was therefore conceived as an initiative to institutionalize and fast-track the Employee Empowerment & Innovation objective within GBSS.
It was designed as a time bound program where nine cross-functional teams comprising of frontline staff (without people management responsibility) worked on two big impact projects each - which should positively impact:
Given the significance of the project, a closely monitored governance mechanism was put into place. With this in view:
By October 2017, all the 9 teams had successfully completed one project each. This created a huge impact in diverse areas of the business. The projects in brief were:
The larger ‘I have the Power’ program is already a huge success within the organisation and the Group. The program, though not yet over, has created an enormous amount of positive energy in the teams – in addition to the positives of the projects themselves. The sense of achievement, empowerment and learning is omnipresent within the teams – as is more than evident in a short, quick survey that was carried out right after the completion of the first set of projects.
The project teams are already working on a war-footing towards completion of their 2nd set of projects, which are longer and larger, aimed at broader areas of impact. These projects, when implemented would have a very positive impact on how we do business and further create the impetus to the team morale.
The design of the larger Talent Management Program has ensured significant improvement in employee empowerment and innovation with the result that now:
One of the Values of Piramal Group is ‘Care’. In keeping with our values and with the Talent Management and Employee Engagements initiatives at GBSS, we are committed to taking care of our employees. Through ‘I have the Power’ initiative, we are working hard towards empowering our employees so that they can take good care of our customers, both internal and external and prove Richard Branson’s words true.
ABOUT THE AUTHOR
Narendrra V Arora has over 22 years of experience in various areas of Finance & Accounting spanning diverse industries in multi-cultural settings, and managing Shared Services operations of which ~9 years have been in Country CFO/Controller roles.
He has led numerous initiatives to improve operations, impact business growth & maximize profits through achievements in finance management, cost reductions & internal control. Narendrra has also led several productivity improvement initiatives through best practices benchmarking, waste elimination and continuous process improvements thereby favourably impacting bottom-lines. He is a qualified CA, CS, ACCA and CWA and has earlier Worked with companies like Johnson & Johnson, Thermo Fisher Scientific, Owens Corning, Publicis Groupe & OCS Group. He is currently Vice President , Global Business Shared Services at Piramal Enterprises Limited.