ALCOR HR AM PSYCLONE RBP RF ©. THE JOURNEY 2 Best Performer – Why ? PsyClone RBP RF © The...
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Transcript of ALCOR HR AM PSYCLONE RBP RF ©. THE JOURNEY 2 Best Performer – Why ? PsyClone RBP RF © The...
ALCOR HRAM
PSYCLONE RBPRF©
2
THE JOURNEY
Best Performer–
Why ?
PsyClone RBPRF©
The Science ?
PsyClone RBPRF©
The Impact.
Value Proposition
Execution Process??
Timelines & Next Steps
www.alcorhr.com
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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.
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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
•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
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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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