ALCOR HR AM PSYCLONE RBP RF ©. THE JOURNEY 2 Best Performer – Why ? PsyClone RBP RF © The...

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ALCOR HRAM PSYCLONE RBP RF©

Transcript of ALCOR HR AM PSYCLONE RBP RF ©. THE JOURNEY 2 Best Performer – Why ? PsyClone RBP RF © The...

Page 1: ALCOR HR AM PSYCLONE RBP RF ©. THE JOURNEY 2 Best Performer – Why ? PsyClone RBP RF © The Science ? PsyClone RBP RF © The Impact. Value Propositio n Execution.

ALCOR HRAM

PSYCLONE RBPRF©

Page 2: ALCOR HR AM PSYCLONE RBP RF ©. THE JOURNEY 2 Best Performer – Why ? PsyClone RBP RF © The Science ? PsyClone RBP RF © The Impact. Value Propositio n Execution.

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THE JOURNEY

Best Performer–

Why ?

PsyClone RBPRF©

The Science ?

PsyClone RBPRF©

The Impact.

Value Proposition

Execution Process??

Timelines & Next Steps

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ALCOR HRAM – The Company• It is a portfolio company of ALCOR Fund.

www.alcorfund.com• ALCOR has global equity partnerships with

– Resource Associates – US HR Firm– Wingspread – US HR Firm

• ALCOR has a strong R&D team with industry experience more than 100 man years.

• ALCOR HRAM has an international and reputable and strong Board of Advisors.

• Dr. Lucy has her PhD in Industrial – Organizational Psychology from University of Tennessee-Knoxville with more than 25 years' experience.

• Dr. Wayne Reagan has PhD in Organization Psychology from Princeton and has more than 38 years' experience.

Dr. Lucy Gibson

Dr. Wayne Reagan• ALCOR has operations in US and India and is in the process of launching operations in South Africa, Nigeria, Dubai, Jordan, Kuwait and Thailand.

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Executive Management

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Pradip Shah MBA – BoardCA First Rank holder and Graduate of Harvard Business School. Founder Managing Director of The Credit Rating Information Services of India Limited (CRISIL), India’s first and largest credit rating agency, Prior to founding CRISIL, Mr. Shah assisted in founding Housing Development Finance Corporation (HDFC), India’s first retail housing finance company, in 1977, Holds Directorship positions across several listed companies, charities and government boards. Floated the first PE fund for India and has wide track experience in funding PE projects.

Mike Katz MBA - BoardGraduate of Harvard Business School, Successful track record of turning around companies into highly profitable units. Built growth and leadership in corporations. Has worked with GE and Cummins in various senior positions across the world.

Art Holbrook MBA - Board Mr. Holbrook has over 30 years of entrepreneurial experience in multiple businesses serving in various capacities as President, Principal, General Manager, and/or a member of the Board of Directors of several private equity owned venture, After graduating from Harvard Business School he founded multiple private equity start ups and/or acquisitions of privately held investments in the Cable TV and Satellite Communications industries (successfully operating, organically growing, horizontally expanding, and ultimately selling the businesses)

Jim Ward – Board. 25 years experience in the manufacturing space from Aerospace to Automotive, and has led teams for dynamic growth of companies in North America. Jim also has varied expertise in cross border dealings set up multiple Joint Venture operations and focuses on bringing in outstanding results

George Molakal MBA, PLDA, PEVC – CEOGraduated with honors at Cardiff Universty, Oxford University and Harvard Business School. 30+ cross border Mergers & Acquisitions transactions from US to India, MENSEA & China : 2004-2010, Wide global experience working in multi continents – Europe, Middle-east, India, China, Canada and United States, and was CEO of ICAN a managed care company, Fellow of Ashoka Innovators for the Public – Arlington, Virginia.

Page 5: ALCOR HR AM PSYCLONE RBP RF ©. THE JOURNEY 2 Best Performer – Why ? PsyClone RBP RF © The Science ? PsyClone RBP RF © The Impact. Value Propositio n Execution.

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Products of HRAM

RBP PsyClone©

WingSpread

Recruitment

Corporate Training(5 stage process®)

Performance Management Systems

Workplace Solutions – ALCOR GANART

•Corporate Alignment

•Permanent Recruitment•Temporary Recruitment

•Self•Managing others•Managing the Business

•Optimizer

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High performers – Why !!

Why would a company want to identify high performers ?

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Study the performers, understand what makes them perform in the company’s environment and

replicate the top performers !!Which will be a better performing company ?

20

60

12 8Staff - A

45 40

10 5Staff - B

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Does more top performers lead to …

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Moral Boost of Employees Increase Revenues Increase Productivity & Profitability

Low Attrition RateIncrease Quality o/p

From Employees

Decrease in Hiring Costs

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How can we replicate top performers ?

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High Performer/ Industry Standard

Mediocre Performer – need skills

Poor Performer

Under performers

Current Employees of your organization

ALCOR RBPRF PsyClone© – The Science - 1

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ALCOR RBPRF PsyClone© – The Science - 2

PerformersReplicate Best

Performer/

Industry Standard

Performance Assessment

ProfilePAP©

These are performers who work best in your company’s environment

Current Employees of your organization

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Applicants/Candidates Assessment

ProfileCAP©

Applies algorithm and compares

PAP : CAP

Algorithm C

Algorithm B

Algorithm A

Job Applicants

ALCOR RBPRF PsyClone© – The Science - 3

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Applicants/ Candidates Assessment

ProfileCAP©

SelectedBest

Performer/Industry Standard

Applies algorithm and compares

PAP : CAP

Algorithm C

Algorithm B

Algorithm A

Underperformer – rejectedOn holdHire with Skills trainingPerformer - Selected

Job Applicants

ALCOR RBPRF PsyClone© – The Science - 4

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PAP : CAP variance result through Algorithm

Applicants/Candidates Assessment

ProfileCAP©

Applies algorithm and compares

PAP : CAP

Algorithm C

Algorithm B

Algorithm A

Variance with Industry standard/Best Performer

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PsyClone – Report Recap

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ALCOR PsyClone RBPRF© – The Science – 5 HIRE

Best Performers/

Industry Standard

Performance Assessment

ProfilePAP©

Applicants/Candidates Assessment

ProfileCAP©

Selected Best

Performers/Industry Standard

Performance Assessment

ProfilePAP©

SalesRetention

ProfitabilityMotivation

Applies algorithm and compares

PAP : CAP

Algorithm C

Algorithm B

Algorithm A

REPLICATE

CurrentEmployees

JobApplicants

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Current Employees

Best Performers/

Industry standard

Performance Assessment

ProfilePAP©

Current Employees

Employee Assessment

ProfileEAP©

Applies algorithm and compares

PAP : EAP

Algorithm DSelected Best

Performers/ Industry standard

Training & Skills

Performance Assessment

ProfilePAP©

ALCOR PsyClone RBPRF© – The Science – 6 T&D

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•Decrease in hiring and rehiring cost

•Aid in employee retention strategy

Cost Optimisation•Saa

S based solution – no additional infrastructure required

Technology•Eas

y-to-understand reports

Simplicity

•Recommendation based on scientific methodology

Validation

•Increase in productivity, performance and profitability

Activities Aligning to Corporate Goals

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Hiring the Right Fit

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Corporate Goal

Effective T&D Analysis Deploying T&D Program

Team Performance

Measuring Outcom

eFe

edba

ck &

Mon

itorin

g

Design Specific Training Modules

PsyClone - Scientific way of Employee Development

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PsyClone – Link to Corporate Goals

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Foundation of Organization :HR – Right fit and Employee Development

Sales and Marketing

Growth(Increased Productivity,Increased Performance,Increased Profitability)

FinanceOperation

&Mfg

IT&

Admin

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Outcome

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Page 21: ALCOR HR AM PSYCLONE RBP RF ©. THE JOURNEY 2 Best Performer – Why ? PsyClone RBP RF © The Science ? PsyClone RBP RF © The Impact. Value Propositio n Execution.

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Replicating Best Performers(Recruitment and T&D)

Highly Charged Self Driven Motivated People

Return on Efforts : Increased by 25 - 40%

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Productivity Improvement : 20 – 30%

Improved Quality Output :

15 – 20%

Return on Efforts : Increased by 25 - 40%

Reduction in Attrition : 15 – 20%

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Why Should I implement PsyClone ?

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Because . . .

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Simple : Process is simple, report is simple to interpret

Instantaneous : Web enabled, instant report

Infrastructure : Requires No IT Support, Web embedded link

Customised Solution : Replicates Top Performers

Specific Recommendation : Fact based decision

Scientific Algorithmic tool increases accuracy

Increase in RoE lead to Increase in Productivity

Aligning with Corporate Goals & Strategies

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Contact Us

ALCOR HRAM

U.S. Office8770 W Bryn Mawr Ave,

Suite 1300Chicago, IL 60631

Tel : +1 773 867-8655Fax No. +1 877 284 0818

India OfficeCommerzone, Building 2

3 rd Floor # 305Samrat Ashok Path,

Yerwada, Pune 411006Maharashtra State,

Tel : +91-20-66870000 Fax : +91-20-66870087

www.alcorhr.com