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| Talent Management |
| SUSTAINING TALENT |
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| Nurturing Leadership |
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| To further our goal of providing affordable and innovative medicine, we need change agents who can lead by example and passionately drive the team to perform par excellence. This thought process has inspired us to embrace leadership development as one of our thrust areas |
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| We have been consciously working to nurture more and better leaders. Our 'Leadership Academy', an avant-garde fully-equipped learning infrastructure is a telling example. |
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| Talent Discovery |
| Alongside assisting employees, our focus is also on assessing them in order to discover high potential talent within the organisation. This not only helps us ensure a healthy leadership pipeline but also allows us to tap the right people in the right positions, at the right time. |
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| Evaluating Leadership Qualities |
| Our leadership development efforts are focused on three broad categories: Corporate Leadership, Business Leadership and Young Leadership. |
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| By developing the functional and leadership skills of employees at all levels, we aim to create an internal pool of talent that can assume leadership roles on the back of their technical prowess. |
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| Our approach to leadership development is three-dimensional and comprehensively encompasses the leadership needs across all the three levels of management. |
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"We will ensure that our people develop to their
full potential through focused opportunities for learning and leadership development. Growing leaders from within to meet the future needs
of our organisation will
be an important part
of our approach to management." |
GV Prasad
Vice Chairman and Chief Executive Officer |
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3D leadership development approach |
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| • Action learning as per competency gap • Senior Leaders' Programme • 360o Programme |
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Leadership Summit |
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Knowledge Insights
through Programmes |
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Mentoring |
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360o Feedback |
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Career Transition Programs |
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Lectures by faculty from Ivy
League Schools |
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Continuing executive -
MBA, MSc |
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Customised programs as per
BU specific need |
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Technical Programs |
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| Building Leadership Skills |
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| At Dr. Reddy's, we build leadership competencies in our employees through learning on-the-ground and supplement it with classroom training. |
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| In FY 2009-10, a series of leadership training initiatives were conducted for a stream of employees across senior, middle and junior management leadership bands: |
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A third Leadership Summit was organised at Boston, USA with world-class faculty sharing ideas on Performance and Execution, Talent and Leadership, and Organisational Culture. |
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Senior Leaders Programme (SLP), this week-long, cross-industry consortium was hosted at our Leadership Academy wherein senior leaders from various other consortium companies also participated. |
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Coaching was provided to middle and senior leaders based on their 360 degree feedback. |
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Learning interventions focused on developing critical skill sets, soft skills and leadership competencies. |
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Our internal learning portal - Learning@drreddys – successfully reached out to more employees. |
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The Leaders Talk Series served as a significant platform for our employees to interact with world-acclaimed management gurus and leaders. The series focused on leadership development across levels as a key enabler to growth. |
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Regular classroom sessions were conducted to enhance critical skill such as crucial conversations and negotiation, among others. |
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To enhance the skills of first time leaders, supervisors et al., certain milestone programmes were also instituted. |
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One-on-one executive coaching was provided by external experts to 152 employees on soft skills such as emotional intelligence, communication skills, and presentation skills, among others. |
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"There is no constraint
or limit on leadership
or on the number
of leaders. Inside
an organisation,
our goal is to make
every body a leader." |
Anupam Puri
Independent Director |
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| We believe that classroom learning should be transferred to on the job excellence. Therefore, we do not stop at providing training but go beyond. Post training, we frequently seek feedback from managers or relevant people to ascertain if the training is being applied and its impact on the job. Accordingly, we judge the effectiveness of the training, rethink our training modules and work in collaboration with Strategic Business Unit heads on how best to refine it further. |
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| In a nutshell, at Dr. Reddy's, there is a constant stream of learning opportunities provided every year to nurture Corporate, Business and Young Leadership. |
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3rd Leadership Summit |
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Flagged-off in 2008, the annual leadership summit, is an event personally anchored by our CEO and COO. At the summit, top leaders of the company congregate to develop common perspectives on key organisational priorities such as performance and execution, talent and leadership and organisational culture. |
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The aim is to develop and augment leadership capabilities of the top management. |
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Summits last for approximately four to five days and are facilitated by world-renowned experts including Prof. Krishna Palepu, Prof. Gary Pisano and Prof. Amy Edmondson. |
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This year, the third successful leadership summit was hosted in Boston with a focus on ‘Building Towering Competence in Product Development '. |
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