Page 61 - BCML AR 2019-20

Business enabler review

How we are investing in our

people to create a new company

Overview Management System, which is alignment between the corporate and
Human resource management at BCML is performance and competence-driven. The unit teams. The leadership team of the
all about exploring knowledge, building a defined key result areas (KRA) are directly/ organisation was sent to premier Institutes
culture, developing and enhancing skills indirectly linked to business goal. The PMS to attend leadership training and coaching
and creating an environment of learning policy is designed in a manner that every programmes.
and reinventing oneself. employee is evaluated based on her/ Talent development: Talent
his contribution to the final goal. There
Over the recent years, BCML’s endeavor is a constructive discussion based on development is an area attracting BCML’s
has been to formulate a structured mid-year performance analysis with key focus. BCML invested in multiple initiatives
human resource framework to catalyse team members. This is followed by a well- like designing a well-defined KRA /
organisational growth. The human designed annual appraisal process across performance-driven PMS to identify talent
resource journey is based on four key the group, which helps in a continuous across the group. Ongoing initiatives
pillars: talent acquisition, performance analysis that helps bridge the gap like Hipot Model (Hi Potential) and GT
management, training & development, between the desired and actual output. (Graduate Trainee) development will
and talent development. create a significant talent pool.
Training & development: Skill
Talent acquisition (Recruitment, development in BCML is a continuous The BCML management also takes
selection and induction): The talent process. BCML developed a structured initiatives in adding value to the top
acquisition process takes every possible training needs Identification process performers by educating and training
measure (like screening / multi-layer followed by specialised technical/ them through management-driven
selection / background verification/ functional training by external /internal programs from institutes like IIM /XLRI.
cultural orientation etc) to map the right experts. Leadership workshops were Policies: BCML has multiple employee
talent for the right role. BCML has created organised in line with the competency benefit policies like Vehicle Policy,
a recruitment panel, helping organisation- matrix of organisation. A post-training Furniture Policy, Club membership
wide engagement without candidate bias, effectiveness feedback mechanism benefits, Mediclaim Policy for family /
resulting in better cultural assimilation and ascertained the impact of the training and Mobile Policy/ Employee Yearly Health
organisation-centric knowledge. workshops. Specialised workshops were Check facilities etc.), strengthening the
Performance management: BCML has conducted in collaboration with external retention of employees.
invested in a well-accepted Performance expert agencies to obtain vision and goal

Employees Four pillars of BCML’s HR management

6022
Performance
2019-20 Talent Four pillars management
acquisition
system

Talent Training and
development development

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