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A Project Report on Induction Initiatives of Different Business Units in HP

A Project Report on Induction Initiatives of Different Business Units in HP

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A Project Report on Induction Initiatives of Different Business Units in HP
A Project Report on Induction Initiatives of Different Business Units in HP

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Categories:Topics, Art & Design
Published by: Babasab Patil (Karrisatte) on Sep 21, 2012
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04/12/2013

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To study the induction initiatives of different business units in HP
EXECUTIVE SUMMARY 
This project is aimed at conducting an organization study of the company and theBenchmarking of HR Deliverables in the IT industry. The first part deals with the company profile, organizational structure, policies and practices, products and services, and thesecond part deals with a problem in a functional area (a standardized induction documentand an improvement in the performance appraisal method). In this case a study on theBenchmarking of HR Deliverables was pursued.In the study of the benchmarking process the objective was to study the existing system,identify the areas of improvement and come out with necessary solutions for the same. Thearea of major concern was the improvement in the performance appraisal system. The newimprovements were based on the other company’s performance appraisal system.The study has been conducted from a mix of primary and secondary sources with amajority of it being primary data. First, the benchmarking process was thoroughly studied,the subject area (HR Deliverables) and objectives to be benchmarked were identified and a plan to achieve the same was devised.During the course of the study, it was seen that, in order to create an industry benchmark,the various practices within the various business units (i.e.; the internal data) were to bestandardized. An in-depth study of the various implementation techniques (of Performanceappraisal) of the different BU’s was carried out and the problem areas and unique “best practices” were identified. Solutions to overcome these problem areas and standardize thevarious processes were crafted and are in the process of implementation.
ABOUT HP
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To study the induction initiatives of different business units in HP
HISTORY
Stanford University classmates Bill Hewlett and Dave Packard founded HP in 1939. Thecompany's first product, built in a Palo Alto garage, was an audio oscillator—an electronictest instrument used by sound engineers. One of HP's first customers was Walt DisneyStudios, which purchased eight oscillators to develop and test an innovative sound systemfor the movie Fantasia.Compaq Computer Corporation was formed after 1982 meeting in Houston, Texas, pieshop. Together in the new HP employees share a passion for satisfying customers, anintense focus on teamwork, speed and agility, and a commitment to trust and respect allindividuals.HP is a company unlike any other. We serve everyone from consumers to small and mid-sized businesses to enterprises to public sector customers with an extensive portfolio of market-leading solutions specifically designed to meet the needs of each customer segment.Our annual R&D investment of nearly $4 billion (USD) fuels the invention of products,solutions and new technologies. We produce an average of 11 patents a day worldwide. HPLabs provides a central research function for the company which is focused on inventingnew technologies to improve our customers' lives, change markets and create businessopportunities.Millions of people around the world use HP technology every day. HP is:
the largest consumer IT company
the world's largest SMB IT company
a leading enterprise IT companyOur strategy is to offer products, services and solutions that are high tech, low cost anddeliver the best customer experience. Our team of 150,000 employees does business inmore than 170 countries. Revenues reached $79.9 billion for the fiscal year that endedOctober 31, 2004.
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To study the induction initiatives of different business units in HP
HP delivers vital technology for business and life. The company’s solutions span ITinfrastructure, personal computing and access devices, global services and printing for consumers, enterprises, small and medium business.HP’s $4 billion annual R&D investment fuels the invention of products, solutions and newtechnologies, so that we can better serve customers and enter new markets. HP invents,engineers and delivers technology solutions that drive business value, create social valueand improves the lives of the customers.The 2002 merger with Compaq Computer Corporation forged a dynamic, powerful team of 140,000 employees with capabilities in 178 countries doing business in more than 40currencies and more than 10 languages.
HP IN ASIA PACIFIC
HP established a presence in Asia Pacific in 1963 when the first office was set up in Japan.Today it has more than 36,000 employees in this region with operations in 14 countriesnamely Australia, China, Hong Kong, India, Indonesia, Japan, Korea, Malasia, NewZealand, Philippines, Singapore, Taiwan, Thailand and Vietnam.A network of 20 solution centers provide enterprise customers and partners at HP with anavenue to test, benchmark, and carry out proof of concepts on proposed solutions. Thesecenters provide direct and remote access to a full range of HP hardware, software, andengineering skills, offering a first hand experience on how infrastructure and partner solutions work together.In addition, there are 158 customer service centers in Asia Pacific, providing warranty andafter sales support of HP technologies.HP’s presence in the region also consists of 12 manufacturing sites located acrossAustralia, China, India, Japan, Malaysia, Singapore and Thailand. HP manufactures thefollowing products in Asia Pacific for the global market: PCs, notebooks, pocket PCs,
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