Beruflich Dokumente
Kultur Dokumente
GROUP NAME:
GROUP 8
Dhawal Mamtora-128
Manali Prajapati-138
Parth Shah-148
Riddhi Bharti-158
Siddhesh Sangale-168
Vaishnavi Wagh-178
SUBMISSION DATE:
Background:
Hailing from the family of lawyers, Singhania was a firm and keen personality capable of
capitalising in changing political and economic conditions. Singhania initially started his
career with his father’s firm- Singhania & Company and later went on to internationalize
his provision of service in USA. He returned to India and started as Singhania and
Partners.
Because of all these well managed HR activities/ practices, Singhania was able
to withhold in the market and even the people who left the organization started
requesting the management to take them back. Even though they were offered
with higher pay scale, they started missing the friendly work culture at
Singhania and is eager to come back and work for Singhania again.
SWOT is used in this part as analytical tool to show how Singhania & Partners
has dealt with the business environmental factors. This analysis occurs by
discussing the company’s strengths, weaknesses, opportunities and threats. In
order to solve problems of the firm, and drive possible solution, it important to
analyse the situation according SWOT analysis
STRENGTHS WEAKNESSES
Importance to people over Lenient Policies
process High Attrition rate
Open Door Policy Inadequate Feedback
Unique appraisal system Mediums like Bi-weekly
Foreign work culture open house.
cognizance.
OPPORTUNITIES THREATS
Expansion in Foreign Imminent Entry of Foreign
Nations law firms.
Increased Competition Increased competition from
leading to reduced cost. existing law firms.
Technological innovation
increasing scope.
Employee Life Cycle of Singhania and partners.
6) Separation: In this case there was no separation stage because even when
the employee who initially got separated wanted to join back the firm
because of its employee friendly environment and company’s working
culture.
Alternatives/Solutions
We would like to suggest that Singhania and Partners should start having a
Feedback System where every employee can express feelings about the
organization and job satisfaction. Secondly, they can give opportunities to the
employees for going abroad and gaining experience in the global legal domain.
Singhania & Partners should enhance employee trust because it is the essential
precondition on which all real business success depends. Mr Ravi Singhania and
Ms Manju Mohotra’s are concerned about the firm’s current HR practices and
are anxious about whether the firm faces human resource risks. The high
attrition rate in the Indian legal services industry has become an alarming
problem. There has been movement of partners between legal services firms. In
future, the entry of foreign law firms into India could have created more
competitions among the law firms.
.