Key Insights:
Hiring:
The recruitment and the evaluation policy of Samco really struck me. I could relate the policy of involving other people in the unit for hiring and evaluation to my previous company (National Instruments- A Fortune 100 best company to work for). We had a policy where not just the manager and the HR but also the junior team members were involved in the hiring of new candidates. This ensured that people who were recruited were not just capable but also a cultural fit to the hiring unit and the company as a whole. In effect the entire policy translated in an excellent work environment, good employee performance, lesser attrition and lesser lay offs.
Strikes:
The company policy of not having any restriction on strikes and encouraging unions helps the employees understand that the company is sensitive to their needs and issues.Thus promotes a sense of responsilbility among the employees. I remember a client of our which happened to be a Truck manufacturing company ( Ashok Leyland) which had clear written instructions against strikes and unions. Even standing in groups and talking during breaks was not acceptable. The company was facing issues in productivity and retaining employees. I wonder does it have something to do with a restrictive environment, as a result of which the issues of the people are not addressed. Thus the employees were not happy to stay and quit jobs more often. As we learnt from the previous sessions that productivity is directly related to the happiness of the employees hence the productivity in this company is also bound to go down.
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