SUBJECT: ORGANIZATIONAL DEVELOPMENT PRESENTATION ON: OD PRACTICES IN

SUBMITTED BY: QAMAR RAES

SUBMITTED TO: DR . RAJNI

The Raymond Group : An overview

Eight decades old group, in operation since 1925 One of India's largest branded fabric and fashion retailer Market leader in the worsted fabrics business with over 60% market share Second largest branded apparel business in India Owns award winning brands like Raymond, Park Avenue, Colorplus, Parx One of the largest exclusive retail networks in the textile and fashion space in India Large India focus, with more than three fourth of revenues from domestic market

The Raymond Group companies

Raymond Ltd. Raymond Apparel Ltd. ColorPlus Fashions Ltd. Silver Spark Apparel Ltd. EverBlue Apparel Ltd. Celebrations Apparel Ltd. J.K. Files & Tools Ring Plus Aqua Ltd. J.K. Helene Curtis Ltd. J.K. Investo Trade (India) Ltd.

The Raymond Group Joint Ventures

Raymond UCO Denim Pvt. Ltd. Raymond Zambaiti Pvt. Ltd. J.K. Ansell Ltd. J.K. Talabot Ltd.

The Raymond Group Milestones

1925 - Setup of The Raymond Woollen mill in the area around Thane creek. 1944: Lala Kailashpat Singhania took over The Raymond Woollen Mill. The mill was primarily making cheap and coarse woollen blankets, and modest quantities of low priced woollen fabrics. 1990 - The first showroom abroad for Raymond in Oman. 1996: Raymond's denim; focusing on quality, innovation and the creation of exclusive products that have always caught the eye of some of the world's leading denimwear brands. Its designs have always kept pace with the changing styles and cuts found in every youngster's closet. With a 40 million meters capacity, Raymond today ranks amongst the top 2 producers of ring denim in India

Contd
2005: Raymond achieved a rare feat and a historical milestone with the creation of the world's finest worsted-suiting fabrics from the finest wool ever produced in the world- The Super 230s made up of 11.8 micron of wool. 2006 Launch of design studio in Italy for cutting edge design capabilities for exports and domestic brands.

Awards & Recognition

Images Fashion Awards 2009 - Most Admired Textile Brand of the Year Reader's Digest - Platinum Trusted Brand, 2008 Lyrca Images Fashion Awards 2008 - Most Admired Textile Brand of the Year Lyrca Images Fashion Awards 2008 - Most Admired Suiting Brand of the Year CNBC Consumer Award 2007 - The Best Branded Readymade Garment and Textile

Contd..
EEPC (Engineering Export Promotion Council) India "Star Performer Award Year 2008-2009" for the highest engineering exports in Hand Tools (Large Enterprise) DHL & CNBC TV18 International Trade Awards 2006-07 'Outstanding Exporter Award' in the engineering category HR AWARD ACCOR Services - (International Leaders and India's Foremost in Employee Benefits, Motivation and Loyalty Solutions) - Presented the "GLOBAL HR EXCELLENCE AWARDS 2007-08" for the Outstanding Contribution to the Cause of Education at the Asia Pacific HRM Congress

HR Vision, Mission & Values

HR Vision: "Raymond the most desired Workplace for top talent HR Mission : The Raymond Group commit to the HR vision of making "Raymond the most Desired Workplace for top talent". The Raymond Group will strive to weave in the core Raymond values namely Quality, Trust, Leadership, and Excellence in all our actions & HR Processes so as to make every Raymondite a complete man.

Contd
HR Values : Trust Quality Leadership Excellence

The Raymond Group: HR Practices

TALENT MANAGEMENT EMPLOYEE INVOLVEMENT 360 DEGREE FEEDBACK SYSTEM CONTINUOUS LEARNING 1. Learning to Excel 2. Training & Development

CONTINUOUS LEARNING: Learning to Excel

CORPORATE LEARNING & OD Raymond is committed to nurturing, enhancing and retaining top talent through superior learning & OD interventions. At Raymond, the learning process begins the day a new employee joins the organization. Corporate Learning & Organization Development is a part of Corporate HR and is led by Ms. Geethaa Ghaneckar, HeadLearning and OD. It is a critical pillar in supporting organization growth and sustainability. Raymonds ability to learn continuously gives it the flexibility and nimbleness that is required for growth in changing & challenging times. This learning agility depends on the learning agility of its leaders. Corporate Learning and OD is geared to support and enable its managers as they deliver to business and prepare for higher leadership roles.

CONTINUOUS LEARNING: Training & Development

Stimulated minds are learning minds that contribute effectively to business. Corporate learning and OD aspires to create a Learning Organization, a place where people are high on job satisfaction resulting from stimulating work environment and Learning Opportunities. The Corporate Learning and OD team strives towards attaining HR vision of making Raymond the most Desired Workplace for top talent.

Learning Strategy 2009-10

The Learning Strategy for 2009-10 has been divided into three verticals Neev, Udaan and Shikhar. Neev is a foundation program designed to provide basic inputs on the Raymond Way of Life through Impressions which is a learning intervention on Grooming and Etiquette and Discover Raymond which is a detailed Group Induction program. Udaan is a skill building learning intervention that will provide inputs on critical soft skills required to deliver great performance on the job like conducting meetings, making presentations and developing analytical skills. Shikhar is a learning intervention to build managerial capabilities to assist and prepare high performing employees for the next level. Several initiatives are organized to this end which includes Discover Raymond which is a 90-day detailed Group Induction program, Impressions which is a learning intervention on Grooming and Etiquette, analyzing developmental needs and training delivery on various modules, both behavioral and functional.

E-learning
Corporate Learning & OD has its own website and uses it to disburse internal and external news, provide job related information and to make relevant announcements. Raymond Virtual University was launched through this Intranet Portal to enhance our peoples skills and knowledge through a basket of e-learning modules on various topics. Corporate Learning & OD seeks different ways to deliver programs to employees which are effective and time saving.

ORGANIZATION DEVELOPMENT
OD is about change and growth. Corporate Learning and OD team is engaged in anchoring the HR journey of Making Raymond the most desired workplace for Top Talent. This, though ambitious, is not impossible, if systematically done with sharply defined objectives and clear milestones. There will be several interventions required at different levels across the Raymond in the next few years to get closer to this Vision. Corporate Learning & OD team will design and anchor these initiatives.

Contd.
Managing a group of critical and high potential talent differently is the key to managing talent in an organization. The process of identifying and developing Top Talent needs to be fair, transparent and acceptable in an organizational culture. Corporate Learning & OD seeks to create and implement a robust framework to manage this process, the primary purpose being to create depth in leadership, fast track high potential talent and built in robustness in the leadership fabric of Raymond.

Contd.
Corporate Learning & OD is also accountable for managing the employee engagement initiatives across the company. This includes communication forums like CEO Forum and Open houses with the Top Management and also Festivities and celebrations.

CONCLUSION
The Raymond Group has always emphasized on the continuous and consistent up gradation of manpower in order to fully embrace the rapid changes in the textile industry. It has always fostered a growth-oriented environment enabling all its employees to fully realize their potential. Corporate Learning & OD plays an important role in the overall development of The Raymond Group.