An open culture, an environment of trust and passionate workers helped
Induslogic become one of the hottest employers in India
Induslogic
is the first offshore product development company to participate in the DQ-IDC
Best Employers Survey 2005 and make it to the top 20 in its very first attempt.
So what makes it one of the hottest employers in India? DQ attempts to look
beyond plain numbers to find out.
It's All About Culture
Induslogic is an offshore product engineering company founded in 1998 by Tarun
Upadhyay, 30, Manoj Agarwala, 36, Sanjay Singh, 38, and Rajul Garg, 27-all ex-IITians.
Today the company is a 643-member team with 613 people at its Noida office in
India, another nine in Mumbai, and the remaining 21 at its headquarter in
Washington DC.
LOTS OF WORK, LOTS OF PLAY: Employees take some time out of work to enjoy a basketball session within the company premises |
Meet
Anuj Kumar, vice president, human resources at Induslogic. Kumar, a thorough pro
with stints at companies such as CSC, HCL Infosystems, and Keane India explains
that the management is very focused on creating the right environment and
culture within the company. Incidentally, Induslogic scored highly on parameters
like overall satisfaction and culture, which highlights the management's
commitment to the culture building process. Says Kumar, “The idea is to create
a sense of ownership among the employees.”
Organizational
culture is all about creating trust. For example, company financials are
available to employees on the internal website. “We are under no obligation to
reveal company performance since we are not a listed company, but the step
simply helps establish the right trust relationship between the management and
the employees,” explains Kumar.
"Employee participation in policy formation creates a sense of ownership" |
|
---Anuj Kumar, vice president, human resources at Induslogic |
Continuous
communication is also encouraged. An initiative, which is particularly popular
among employees, is 'Time Out' where Rajul Garg, who is VP-corporate development and the only co-founder based
out of India currently, takes out four employees selected randomly to breakfast.
While this helps create a more amicable environment in the organization, it also
deepens the employee-management bond. In addition, there are fortnightly
skip-level meeting, which essentially means that approximately 20 people on an
average attend in the absence of managers and give their feedbacks, ratings, and
suggestions on any support function in the organization. This is complemented by
monthly updates from the CEO, Peter Harrison who is based in the US. Another
interesting practice at Induslogic is employee involvement in the formulation of
policies that directly impact them. Says Kumar, “This is a feel-good practice.
Employees get the feeling that they have been a part of the decision-making
process.” To encourage participation, the company gave rewards the first time
it launched the practice.
Creating stars: Stars found atop key performers is another form of acknowledging and rewarding high performance |
What |
The Real Thing
Typically, product development companies require serious code jocks. Says
Jaskaran Singh, director of technology-telecom, “I make sure that every new
hire actually enjoys serious code writing so that there is no room for
dissatisfaction.” It is commonly believed that the pace of change in
technology is the biggest challenge today. Most people find it difficult to keep
pace with the ever-changing world of technology. However, it is precisely this
aspect of technology that is exciting for these geeks. Adds Singh, “If you
can't keep pace you are just not fit for the job.”
A
self-confessed techie, Singh himself has over eight years of experience with
startups. There a couple of factors that makes working for an offshore product
development (OPD) company a compelling proposition for geeks like Singh. One,
you get the opportunity to work for startups which helps sustain the excitement
minus the risks that are associated with startups. Two, one can strike a better
work-life balance as opposed to
startups. In most organizations, one is expected to move into a managerial role
as one grows in the organization. However, Induslogic offers a two-track growth
program where one is allowed to continue at the operational level and get growth
path similar to anyone who would be willing to move into a managerial role. Says
Singh, “On a personal level, I would never like to work for some of the bigger
names for the simple reason that at the senior level I would never get the
opportunity to do what I do best-write codes.” Code jocks at Induslogic work
on cutting edge technology as core teams for startups in the US and grow with
these startups. The strategy also works well for the company's business model.
Some Shades of Grey
What makes Induslogic a hot employer is clearly the niche space it operates in
and of course the size, which is insignificant as compared to some of the
giants. Remember, it is always easier to keep a smaller team happy. It's
clearly the technology edge and compensation that is driving satisfaction levels
in the organization. Says Kumar, “We do benchmarking on a regular basis to
meet industry standards. Compensation here falls in the 85% percentile.”
Open
culture, exciting technology and good compensation-Induslogic has it all. But
that's clearly not sufficient and Induslogic still has a long way to go. But
that's understandable given that it is just a seven-year-old company. For one,
Induslogic needs to streamline its appraisal system where it scored fairly low.
Admits Kumar, “Our people processes and practices are not very well-defined.
We are trying to streamline HR processes” Kumar, an HR professional with over
18 years of experience was inducted into the company's board in March this
year exactly for this purpose and hopes to set things right by the end of the
current fiscal.
"We are also trying to bulid a sense of pride and passion among the employees towards the quality of work done at Induslogic as opposed to some of the bigger brands in the industry" |
|
---Mukul Jain, COO and country manager in India |
Two,
while the company tries to meet industry benchmarks on compensation, it
struggles to meet the high expectations of the employees who are the crème-de-la-crème
of the industry. Over 50% of Induslogic employees are from the IITs and the RECs.
This makes retention a big challenge for Induslogic. Says Kumar, “There is a
shortage of people with experience in product engineering, proven credentials in
education and work experience. This makes our people extremely valuable in the
industry.”
There
are issues job design and job content as well. Typically, in an offshore product
development setup startups select their own team for projects and want such
relationships to be long standing ones. Often team members want to move out and
work with a different customer. Says Munish Gupta, assistant VP, “If we lose a
team member to another team or another project, internally we call this
attrition.” Induslogic has so far handled this problem well. Customers are
encouraged to interact directly with the team members and rotate them if
required. Adds Kumar, “We also try and convince our customers to go for larger
teams. This makes teams more stable and helps take care of meeting individual
aspirations.”
"If we lose a team member to another team or anothe project, internally we call this attrition" |
"I would never like to work for big names because at the senior level I would never get to do what I do best--write codes" |
|||
--Munish Gupta assistant VP |
--Jaskaran Singh director of technology-telecom |
The
company also tries to create an emotional bond with the customers and a sense of
ownership among respective teams towards the customers. The message is-“we
are an extension of the customer's team and what we do either makes or breaks
the customer”. This is complemented by initiatives like project longevity
bonus and team retention bonus. Adds Garg, “Motivation comes in the form of
opportunities to show leadership skills as well as customer stock options.”
"Motivation comes in the form of opportunities to show leadership skills and customer stock options " |
|
---Rajul Garg, VP, Corporate Development |
Brand Building
Brand equity is a very important parameter of satisfaction and Induslogic
lags significantly on this parameterÂ-both internally and externally. This
has also been established in the best employers survey. The first step is of
course, to bring professionals on board. Induslogic today has a professional
CEO, Peter Harrison, who sits in the US and of course, Mukul Jain, COO and
country manager in India. It took Rajul Garg one whole year to convince Jain, an
industry veteran with a 20-year-old stint at HCL Technologies, to come aboard.
Kumar also joined nine months back. Founders have consciously taken a backseat
to create to institutionalize the company. Explains Garg, “None of us had the
relevant experience to head the company.” Quite so. The average age of the
founding team today seven years since inception is only 33 years.
The
second step is to create the right working environment that includes an open and
transparent culture and empowerment of the people.
Induslogic already has it. The company just needs to promote it better.
Says Jain, the two-month-old head of Induslogic India, “Branding has to begin
internally.” Today Jain and team try to represent Induslogic at professional
forums. Employees are encouraged to publish papers and are rewarded for the
same. Adds Jain, “We are also trying to build a sense of pride and passion
among the employees towards the quality of work done at Induslogic as opposed to
some of the bigger brands in the industry.”
The
last one-year has seen the management stepping up efforts to create the right
image for the still infant company in the industry. A start has already been
made in the right direction. It will take some time to reap the benefits of
these efforts.