2023 2024 Student Forum > Management Forum > Main Forum

 
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14th October 2016, 01:14 PM
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Join Date: Mar 2013
Re: Human Resource Development in ONGC

Desh Deepak Misra has taken over as the Director (Human Resource) in Oil and Natural Gas Corporation Limited (ONGC) on August 1, 2014.

The mission of o Human Resource Department of ONGC (Oil Ns Natural Gas Cooperation) is to adopt and continuously innovate best-in-class HR practices to support business leaders through engaged, empowered and enthused employees

Its vision is to build and nurture a world class Human capital for leadership in energy business.

HR Objectives
 Improve and sustain the culture of integrity, belongingness, teamwork, accountability and innovation.
 Attract, nurture, engage and retain talent for competitive advantage.
 Develop employee competencies continuously.
 Build a joyous work place.
 Encourage high performance work systems.
 Upgrade and innovate HR practices, systems and procedures to global standards.
 Promote work life balance.
 Measure and Audit HR performance.
 Support work life balance. Put together the employee family into the organisational fabric.
 Introduce a sense of Corporate Social responsibilities among employees.

Measuring HR Performance
HR Parameters are incorporated in the MOU by ONGC since 1994-95, to methodically and scientifically evaluate effectiveness of HR Systems, which allow and facilitates time bound initiatives.

HR Parameters of MoU for 2009-2010
 Mentoring and coaching
 HR Audit
 Engagement Survey
 Continuous professional education credit course for finance executives of ONGC.

Incentive Schemes to enhance Productivity
 Productivity Honorarium Scheme
 Job Incentive
 Quarterly Incentive
 Reserve Establishment Honorarium
 Roll out of Succession Planning Model for identified key positions
 Group Incentives for cohesive team working, with a view to enhance productivity


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