Preview

Hr Policies of Reliance

Good Essays
Open Document
Open Document
680 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Hr Policies of Reliance
Human Resource Development

RIL's talent base, as on March 31, 2011, stands at 22,661 with an average employee age of 41 years.

In FY-11, the Business Transformation initiative created high engagement and excitement amongst the workforce across all levels at RIL. Some key accomplishments on people management front are illustrated below:

Learning & Development

In FY-11, RIL enhanced delivery over the last year by ensuring 1,589,395 man hours of learning activities at its manufacturing divisions. Going forward, RIL will focus on building specialist skills and multiple cadres in the organisation to support its goals and aspirations. Additionally, several thousand man-hours of developmental intervention was undertaken to train the leadership teams on developing the second-line, compensation and benefits, executive coaching, rewards and recognition programmes and interviewing & selection.

Six Sigma deployment in FY-11 was focused on improving process capability & reliability issues as per the needs of individual manufacturing sites. A total of 85 projects were executed leading to financial benefit of Rs. 26 Crore for the year 2010-11.

As a part of Six Sigma deployment process, 9 Reliance Certified Black Belts – Wave 1 (RCBB-1) are working across manufacturing divisions and have, in turn, developed 305 Six Sigma Green Belts in 2009-11. Total project execution by this team led by RCBB-1 for a span of two years is 157 leading to financial benefit of Rs. 69 Crore.

Currently, 19 BMGI/ASQ certified Black belts are working in different sites. Based on the effective deployment of Six Sigma methodology by first wave, new batch for Reliance Certified Black Belt – Wave 2 (RCBB-2) has been launched in January, 2011 for which 11 employees have been selected from manufacturing divisions.

In all 354 Black Belts & Green Belts are associated with Six Sigma projects at different sites. For the success of various Six Sigma projects, 1892 team members and

You May Also Find These Documents Helpful

  • Better Essays

    The principal of Six Sigma also involves every aspect of the organization, in order to be better able to meet and rise above the evolving demands of customers, marketing, and technology in a way that will benefit customers, shareholders and employees. Six Sigma is about making every area of the…

    • 1062 Words
    • 4 Pages
    Better Essays
  • Satisfactory Essays

    EB Case AquaFun

    • 330 Words
    • 1 Page

    By implementing a Six-Sigma, the corporate-wide system will help reduce variability and improve processes as well as overall quality. The factors that management teams should consider as they design a Six-Sigma implementation are 1) operations management 2) purchasing 3) supply chain management, and 4) demand. The downside to the Six-Sigma is the high costs it brings. In order to train employees for the green belt it would cost $7,500,000 ($20,000 x 50% of employees) and the black belt which is obviously better (assuming the cheapest costs as well) would cost $520,000 ($40,000 x 2% of employees). In total the cost of the cheapest Six-Sigma implementation is $8,020,00 CoQ with a 20% reduction is only $7,490,400. As the case mentioned, companies usually experience savings for several years after implementing Six-Sigma. Assuming that this is true and the cost would be reduced for 5 years, they would be saving a total $37,452,000 in CoQ ($7,490,400 x 5 years).…

    • 330 Words
    • 1 Page
    Satisfactory Essays
  • Better Essays

    Six Sigma is a modern and new idea often contrasted and compared with Total Quality Management (TQM). Be that as it may, when it was conceptualized, it was not planned to be a substitution for TQM. Both Six Sigma and TQM have numerous likenesses and are good in…

    • 1382 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    Homrossukon, S., & Anurathapunt, A. (Aug2011). Six Sigma Solutions and its Benefit-Cost Ratio for Quality Improvement. World Academy of Science, Engineering & Technology , Vol. 80, p520-528, 9p.…

    • 3169 Words
    • 13 Pages
    Powerful Essays
  • Powerful Essays

    In the early 1980’s and 1990’s, companies began to build upon the principles of Total quality management and developed their own unique quality systems. The most popular and well known of the systems is Six sigma that was developed by Motorola and successfully adopted by others such as allied signal ( now Honeywell) and most notably, General Electric. Six Sigma process is normally performed by a diverse team, who attack a quality/process problem by analyzing process variations or in statistical terms, sigma. The foundations of six sigma are commitment from the upper management, detailed training and a regimented diagnostic approach.…

    • 3790 Words
    • 12 Pages
    Powerful Essays
  • Good Essays

    Six Sigma is a set of techniques and tools for process improvement. It was developed by Motorola in 1986, coinciding with the Japanese asset price bubble which is reflected in its terminology. Six Sigma became famous when Jack Welch made it central to his successful business strategy at General Electric in 1995. Today, it is used in many industrial sectors.…

    • 1421 Words
    • 6 Pages
    Good Essays
  • Satisfactory Essays

    Profitability

    • 491 Words
    • 2 Pages

    Harry, Mikel J. (1998). Quality Progress. Six Sigma: A Breakthrough Strategy for Profitability. American Society for Quality. Retrieved from: http://asq.org/qic/display-item/index.html?item=13334…

    • 491 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    term “Six Sigma” refers to 3.4 defects per 1 million opportunities.  Six Sigma Uses martial art terminology to describe the level of training and experience of practitioners…

    • 942 Words
    • 7 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Six Sigma project teams required a diversity of skills that range from technical analysis, creative solution development, and implementation. These teams are not only addressing instant problems, but also provide an environment for individual learning, management development, and career advancement. Six Sigma teams are composed of several types of individuals which are: Champions, Master Black Belts, Black Belts, Green Belts and Team Members. Champions are Senior-level managers who promote and lead the deployment of Six Sigma in significant area of the business. They understand the philosophy and tools of Six Sigma, select projects, set objectives, allocate resources, and mentor teams. On the other hand Master Black Belts are Full-time Six Sigma experts who are responsible for Six Sigma strategy, training, mentoring, deployment, and results. They work across the organization to develop and coach teams, conduct training, and lead change, but are typically not members of Six Sigma project teams. While Black Belts are Fully-trained Six Sigma expert that have 160 hours of training who perform much of the technical analyses required of Six Sigma projects, and usually on a full-time basis. They are the one who mentor and develop Green Belts. And Black belts are usually targeted by the organization as future business leaders. And Green Belts on the other sides are functional employees who are trained in introductory Six Sigma tools and methodology and work on projects on a part-time basis by assisting Black belts while developing their own knowledge and expertise. And lastly is the Team Members, this are the Individuals from various functional areas who support specific projects. And these individuals of Six Sigma teams made Six Sigma project team different from other teams like Leadership teams, Problem-Solving Teams, Natural work Teams, self-manage teams and virtual teams. Why? Because Leadership teams according to the two quality gurus Juran and Crosby have two kinds.…

    • 1046 Words
    • 5 Pages
    Satisfactory Essays
  • Better Essays

    A Six Sigma Certification is a large accomplishment that looks great on a resume (Graves, 2012). It shows commitment to improving TQM within a business and knowledge in many different methods to reduce costs, increase revenue, and streamline current business practices. These are all skills sought after by many employers in order to improve the bottom line. With this skill set, employees have access to better job opportunities and an increased salary. Other societal benefits of Six Sigma are improved customer and employee satisfaction and better company…

    • 1089 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    This paper introduces the reader to Honeywell International Inc. Honeywell is a world leader in the application of lean manufacturing and its Six Sigma Plus processes. With the use of carefully monitored cost standards, net present value in investment decisions, and the transparency of the company’s financial statements are all methods that Honeywell has successfully implemented and utilized to reach and maintain their status as a world-wide competitor. The company has continued its growth, despite the market downturn that began in 2007, and continues to prove its resilience and pioneering spirit by continually improving their product lines, globally expanding their market, and, monitoring and maintaining financial stability. Its forward thinking and willingness to take risk will provide Honeywell the capacity to maintain its role as a major competitor and contributor to the growth and recovery of our economy.…

    • 4844 Words
    • 20 Pages
    Powerful Essays
  • Powerful Essays

    Six Sigma is a business management strategy designed to meet customer needs and process capability.…

    • 1789 Words
    • 8 Pages
    Powerful Essays
  • Satisfactory Essays

    Dissertation Review

    • 988 Words
    • 4 Pages

    The overall goal of this research concentrated on the role of the Green Belt (GB) candidates and their contribution to the success of the implementation of a Six Sigma program. It does this by addressing three specific areas. The first was to determine the Green Belt’s responsibilities within a Six Sigma Program (SSP), in order to improve process efficiency as they relate to a company’s Information Systems structure. Ismyrlis & Moschidis (2013) describe the critical importance of process improvement to the success of any Six Sigma implementation. The…

    • 988 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    US armor school

    • 6447 Words
    • 26 Pages

    2006 International Lean & Six Sigma Conference - March 8 – 9, 2006 · Flamingo, Las Vegas http://www.iso9000conference.com/6SigmaTechnicalProgram.htm…

    • 6447 Words
    • 26 Pages
    Good Essays
  • Satisfactory Essays

    Six Sigma Advancements

    • 719 Words
    • 3 Pages

    Kwak, Y. H., & Anbari, F. T. (2006). Benefits, obstacles, and future of six sigma approach. Technovation, 26(5-6), 708-715. Retrieved from…

    • 719 Words
    • 3 Pages
    Satisfactory Essays

Related Topics