PRESENTATION ON

MAHYCO SEEDSUNDER COURSE : HUMAN RESOURCE

MANAGEMENT

PRESENTED BY :SANYUKTA PATILESHAN CHAWLAABHINAV GOYALMANSI NAITHANI

WHO ARE THEY ?• Established in 1964 by Dr. Badrinarayan R.

Barwale, Mahyco Seeds Ltd. is a pioneer and leader in the Private sector of Indian Seeds Industry.

• The company strives to provide quality hybrid seeds.

• Since its inception, it has been engaged in plant genetic research and production of quality hybrid seeds for the farming community of India.

• Currently, they are engaged as:

CEREALOIL SEEDS

FIBERSVEGETABLES

MANUFACTURER

IMPORTERSUPPLIER

EXPORTER

CURRENTLY, THEY ARE ENGAGED AS :

MAHYCO IS FOCUSSED ON :

MARKETTING

--TIMELINE --• Headquartered in Mumbai, “The company was

started at a time when India had severe food shortages.

• The company has 1150 employees right now and clocks an annual turnover of over Rs. 300 crores approximately.

• The company’s breeding farms are located at several locations with MAHYCO’s main operations at Jalna, Bangalore, Delhi, Karnal and Hyderabad.

WHAT THEY LOOK ?

• It looks for competent applicants who can contribute their value to the firm through their management skills and working capabilities.

• It needs a strong hold on marketting,supply chain system and procurement .

• They look for starters who are genuine and spontaneous learners.

• They look for experienced applicants ,to tackle marketting and directing sections.

CAPACITY BUILDING AND HR

• The focus is to work for the capacity building of the human resource, development of amenities and facilities as well as institutional developments though research collaboration, grants, fellowships, and through training and workshops etc.

• They also award travel grants to the employees/young scientists to present their research work on in the in India.

HR Initiatives

• You Made the Difference - Award Recognition Program Award program created to recognize individuals and

teams for significant contribution to business. Rewarding & celebrating significant and creative achievements by people is one of the leadership practices program designed to give reward to their people for exceptional contribution that makes an impact on the organization.

• Compensation & Benefits• As per the Compensation & Benefits Policy of the

company, benchmarking exercise shall be undertaken and further revisions shall be decided.

• Performance appraisal• On completion of performance appraisal employees with exceptionally

high performance will be rewarded by Individual Performance Incentive decided by the Company from time to time.Based on Company's overall performance in terms of the business plan and profitability, Company performance incentive will be determined based on an approved formula and paid to all employees

• KRA's (Key Result Areas)• At the beginning of the Financial year every employee will be required to

finalize their KRA's (Key Result Areas) for the year as per the business/functional plan. Review of accomplishments will take place at the time of annual performance appraisal.

• Training and development• To enable employees to upgrade their skills & enhance their

performance training and development initiatives will be taken up, training needs being identified through the performance appraisal of individual employee.

• Employee opinion surveyEmployee opinion survey is conducted in the Company to get to know the perception of the employees and to facilitate employee participation

Work Principles

• Mahyco aims to provide employees a work environment rich with challenges and opportunities for professional growth.

• They strive to ensure that their people are both emotionally and intellectually committed to the organisation.

• They think it is important that their career goals are aligned with the corporate mission and vision.

• They also believe in providing rich employee experiences, a sense of purpose at work, and learning and development opportunities.

• Their employee engagement initiatives are specifically designed around these elements.

An Extra Move For Employees

• Mahyco Team building sessions• Small Group activities for each location geared

towards small improvements• Customer Oriented Programmes to capture

key customer insights• Celebrations, Sports Tournaments and Fun @

work events• Knowledge Sharing Forums

JOB PROFILES : MAHYCO

Product Range

MAHYCO is the manufacturer, exporter, importer and supplier of the following product range:

• Cotton Seeds– Bollgard Cotton Seeds– Indian Cotton Seeds

• Field Crop Seeds– Paddy Seeds– Wheat Seeds– Bajra Seeds– Maize Seeds– Jowar Seeds

• Oil Seeds– Sun Flower Seeds– Castor Seeds– Soyabean Seeds– Mustard/Rape Seeds

• Vegetable Crop Seeds– Brinjal Seeds– Okra Seeds– Tomato Seeds– Cucurbit Seeds– Cabbage Seeds– Radish Seeds– Beetroot Seeds.

HOW DO THEY WORK

FINANCIAL HEALTH

• MAHYCO’S economic wellbeing and its past 1month performance was not accessed by us,as it is not provided on any online site(like www.moneycontrol.com etc )

Outlook..

• Despite its growth and expansion, the company faces cut throat competition and other underlying drawabacks of real time market condition,high technological and scientific competititon

WEBLIOGRAPHY

• http://www.mahyco.com• http://www.agricultureinformation.com/mag/

2009/05/mahyco/• http://www.barwalefoundation.org/html/abo

utus.htm• http://www.barwalefoundation.org/images/in

ner/training-program-feb-29-02-2012.pdf• http://

articles.economictimes.indiatimes.com/2011-11-06/news/30366593_1_bt-cotton-managing-director-raju-barwale-bt-brinjal

EACH MEMBER’S CONTRIBUTION• Vivek Singh : Introduction and working of MAHYCO• Eshan Chawla : Timeline,reasons why MAHYCO

emerged and its presence since then.• Abhinav Goyal : Work environment at

MAHYCO,General HR perspectives(mainly from magazines and news as it was not officially available)

• Rakshit rokade : Conclusion and Current scientific data• Sanyukta Patil : Products and services• Mansi Naithani : Job profiles offered by

MAHYCO,controversies • Narendra Dhanger : Current issues,their supply chain

Thank you !