Driving Success: Abhishek Shinde's Impactful HR Strategies
Explore Abhishek Shinde's innovative HR initiatives at L&T Finance, where he transforms challenges into successes through strategic workforce management. From reducing attrition rates to enhancing productivity, Abhishek's holistic approach ensures a thriving organization. Discover how his leadership fosters a culture of performance and empowers employees towards excellence.
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Presentation Transcript
Empowering People, Driving Success Abhishek Shinde's Journey Photo by Pexels
01 Meet Abhishek Shinde Table of Contents 02 Employee Lifecycle Management 03 Attrition Reduction Success 04 Enhancing Productivity 05 Controlling Attrition Rates 06 Training for Excellence 07 A Culture of Performance 08 Connecting with Employees 09 Thank You for Your Attention!
1 Meet Abhishek Shinde Your HR Leader I am Abhishek Shinde, the Business HR Manager for Mumbai at L&T Finance. My role spans overseeing diverse retail operations including loans and collections, enhancing our workforce and business goals. I manage five branches with 1,010 dedicated staff, ensuring their growth and satisfaction at work. Let's explore the impactful initiatives shaping our organization daily! Photo by Pexels
2 Employee Lifecycle Management Holistic Approach I oversee the complete employee lifecycle: recruitment, productivity, retention, compliance, and exit management. This ensures that our workforce is aligned with organizational goals and feels valued. Being proactive is key; I solve problems efficiently while fostering a supportive environment for all. My door is always open for employee concerns, creating a culture of trust and transparency. Photo by Pexels
3 Attrition Reduction Success Transforming Challenges High attrition among First-Time Managers in Two-Wheeler Sales was alarming, at 50-60%. I collaborated with business leaders to train FTMs on essential managerial skills. After implementing monthly attrition dashboards, we saw a 50% decrease in attrition. The number of exits dropped from 95 to just 48 in two quarters! Photo by Pexels
4 Enhancing Productivity Meeting Targets For Home Loans, I aimed for a massive 1000 Cr PAN India target, ensuring timely hiring and training. This strategy led to 100% manning and boosted productivity significantly. Our employees achieved 2.5 Cr per person, surpassing the national average of 1.3 Cr. Branch revenues soared Thane from 70 Cr to 110 Cr; Goregaon from 150 Cr to 200 Cr! Photo by Pexels
5 Controlling Attrition Rates A Strategic Focus Attrition for our Business Managers was controlled at 29%, gracefully below the national average of 53%. This was made possible through consistent engagement and proper managerial training. Each effort contributes to a stable workforce that drives our success forward. Stabilityleads to growth we're thriving together! Photo by Pexels
6 Training for Excellence Empowering Growth I initiated regular catch-ups with Sales and Collection training teams to focus on performance improvement. Through effective behavioral training, especially for low performers, we saw stellar results. Our Call Centre attrition fell dramatically from 35 to just 6 between Q1 & Q4. This achievement enhanced Call Centre metrics, reaching 95.86% of targets! Photo by Pexels
7 A Culture of Performance Measurable Success Empowering our teams has cultivated a culture of exceptional performance. In achieving an average monthly performance of 1.55 Cr in the Call Centre, we've raised the bar. This reflects our commitment to excellence and our people s capabilities. Every milestone we reach together is a testament to our hard work and culture! Photo by Pexels
8 Connecting with Employees True Insights I visit 2-3 branches weekly to get first-hand insights from employees. These visits help me understand grievances and address them before they escalate. Maintaining strong personal connections is critical to our success at L&T Finance. Listening actively ensures I am responsive and supportive in every situation. Photo by Pexels
9 Thank You for Your Attention! Together We Thrive Thank you for taking the time to learn about my journey and initiatives at L&T Finance. Together, we are building a thriving workplace where each employee feels valued and engaged. Let s continue this journey towards excellence and success, hand-in-hand! Your feedback and support make all the difference! Photo by Pexels
