| TEAM
ORIENTATION |
|
Teams
are the pivot of a Process based Organisational Structure. Hence
team orientation has been given major emphasis at Aksh.
Organisation working is a Team effort wherein every members contributes
towards achieving the objectives of the organisation. Therefore
consolidating the team spirit is an ongoing endeavour. The rationale
of this objective is to create synergy by defining individual
roles and responsibilities and thereby achieving the organisational
vision.
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| MULTISKILLING |
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The
essence of team working lies in building multiple skills in members.
All Process Leaders and Process Associates work towards enhancing
the Skills of their team members by imparting training on all
aspects of working. The organisation envisions multiskilling and
cellular learning laterally and vertically.
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|
TRAINING & DEVELOPMENT |
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The
company harbours a strong belief that training is a worthwhile
investment. Such has been the commitment to training that it has
emerged as a major educational enterprise to improve performance
on the job and to acquire skills and knowledge to do a new job.
Encouraging learning uniquely , the organisation has introduced
a scheme wherein a member is partially sponsored even to a long
term external program which may not have a high degree of correlation
to the individual's present or future needs. The training needs
are identified quarterly in the organisation on the basis of competency
reviews, process research and the organisational thrust areas.
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| PRAGATI.
The Performance Management System |
|
Pragati
has been the vehicle for developing a high performance culture.
The institution of of Performance Review And Goal Acheivement
Through Improvement (of self) was introduced in September 1999
and is administered on a quarterly basis. Using the 360- degree
performance appraisal system, under the system a member's competencies
are reviewed by his/her peers, juniors and seniors while his performance
is reviewed on predefined key performance areas by his superiors.
Pragati has been the driving force in stretching individual and
organisational goals and establishing an alignment between them.
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| PERFORMANCE
DEVELOPMENT PLAN |
|
With
a view to facilitate and institutionalise change performance development
plan has been introduced from 1st September 1999. The highlights
of the plan are:
- Assessment
of performance and Development needs based on 360° (Appraisal
System)- Feedback from a larger population consisting of Peers,
Juniors and
Seniors.
- Creation
of an assessment and development centre to perform the above
activities.
- Creation
of a Performance Development Fund for providing the resources.
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| ESPS
- Employees' Stock Purchase Scheme |
|
Under
this scheme, 9,90,000 equity shares representing approximately
4.5% of eventual share capital of the company will be offered
to all members of the company during the period 2000-2003. Vesting
of ESPS is contingent upon achievement of Corporate and Individual
Goals. The objective of introducing this ownership scheme in the
company in the following:
- Attract
qualified and competent people.
-
Reward outstanding performance.
-
Retain key people.
-
Inculcate feeling of being part owners of the company
-
Awaken/ Strengthen entrepreneurial traits in our people
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