Empowerment - Investment in Human Capital

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EMPOWERMENT Investment in Human CapitalArun Verma DATA Inc.

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Presentation conducted by Arun Verma at the Asian Empowerment conference - held on May 13, 2010 at DTCC in downtown New York City

Transcript of Empowerment - Investment in Human Capital

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EMPOWERMENT“Investment in Human Capital”

Arun VermaDATA Inc.

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SEGMENTSAbstract on EmpowermentStoryboard of DATA Inc.

Core DoctrineEvolution

Key Success FactorsBest PracticesChallenges

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An Employee’s Wish ListCorporate MissionChallengeMeaningful Work; Variety of WorkTrust & ResponsibilityQuantifiable ResultsRecognition & PraiseTrainingMentoringCareer Path

ABSTRACT

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Developing an EmployeeBoost Self-EsteemListen & Respond with EmpathyShare Feelings and RationalePromote ideas & suggestionsEncourage InvolvementProvide Support without removing Responsibility

ABSTRACT

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Empowering an IndividualDELEGATE

Convey Key Result Area - DirectionEstablish Metrics & MeasurementPublish Goals

Monitor and SupervisePerformance Feedback vis-à-vis goalsMentor (Purpose; Process; Demo; Observe; Comment; Support)

ABSTRACT

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Empowering a Team

For Operations & Governance• Establish Mission• Develop Operational Charter• Draw Limits of Empowerment• Meet them often• Cross Train members• Give Technical Training at the right time • Teach People Skills (interacting, solving, deciding, implementing)

• Permit members to lead meetings

ABSTRACT

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STORY BOARDCORE DOCTRINE

• Initial Operational Model : “Staff Augmentation”• Business Model : “Preferred Vendor at Fortune 500”• Financial Model : “No Debt & Re-invest Profits in Expansion”• Subsequent Op. Model : “Staff Augmentation & Project Delivery”

DATA

INC

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STORY BOARDEVOLUTION

PHASE I• 1983 – 1995 Initial Years

PHASE II• 1995 – 1997 Formative Years

PHASE III• 1997 – 1999 Reorganization & Investment

PHASE IV• 1999 – 2001 Leap Forward

PHASE V• 2001 – Expansion

DATA

INC

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KEY SUCCESS FACTORSBEST PRACTICES

MENTORINGCONTROLLED EXPANSION.

Financial GrowthScale of Operations

DIVERSITYGLOBALISATION

Regions are empowered with independenceRegions are integrated for Functional Leverage

IMMIGRATION PARADIGMROLE OF MILITARY TRAINING

DATA

INC

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KEY SUCCESS FACTORSCHALLENGES

LANGUAGE BARRIERCULTURAL BARRIERPROFESSIONAL SKILLSCLIENT ACQUISITION

DATA

INC

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CONCLUSION

“I have never in the past 30 years have someone say to me on the show, that the reason I am so good at what I do is because I am smarter than everyone else. It is all because I have wanted it more, I worked harder, I focused more, I sacrificed more, and more importantly, I had a deep passion for the thing.” ~ Charlie Rose,