Professional Documents
Culture Documents
On
This is to certify that the Summer Training Report titled “Demand of HR Services in
SME’s: A Study on Husys Consulting Limited” is an academic work done by “Mr. Bharat
Chhabra” submitted in the partial fulfilment of the requirement for the award of the
To the best of my knowledge and belief the data & information presented by her in the
Signature :
This project work which is my first step in professionalism has been successfully
accomplished only because of timely support of my well-wishers. I would like to pay my
sincere regards to those who directed me at every step in my project work. First of all I would
like to express my thanks to my mentor Ms. Jyoti Mahajan (Regional Growth Officer) and
my institute guide Ms Kirti (Assistant Professor) for giving me such a wonderful opportunity
to widen the horizons of my knowledge. I would like to extend my thanks to my parents for
their guidance, supervision and encouragement. Last but not the least I would like to thank all
the staff members of Delhi Institute of Advanced Studies who have directly or indirectly
contributed in making this project a success; it is a tribute for their valuation. Despite all
efforts I have no doubt that error and obscurities remain that seen to afflict a working project
for which I am capable.
BHARAT CHHABRA
Roll No. 43812388817
BCOM(HONS)
STUDENT DECLARATION
This is to certify that I have completed the Summer Training Report titled “Demand of
“Ms. Kirti” in partial fulfilment of the requirement for the award of Degree of
Acknowledgement
Declaration
Table of Contents
Meaning of Research
Objectives of the study
Scope of the study
Research Design& Types of Research Design
Sample size, Sampling technique
Data Collection/Data Sources
Chapter 4 Data Analysis & Interpretation 27-42
Chapter 6 Limitations 45
Chapter 7 Conclusion 46
Chapter 8 Suggestions 47
References & Bibliograpy 48
Annexure 49
Table of Contents
Chapter 1
Introduction to the Company
and Industry
HUSYS CONSULTING LIMITED
OUR STORY
Husys, Started in the year 2002 with a vision to make the SMEs of the country get a proper
structure for their businesses and their human resources leading them to succeed. We strive
hard to achieve our mission to enable the businesses of our clients. With our dedicated and
experienced HR professional team, we are now pioneers in handling the HR function
management and HR Consulting services in the diverse field within it. We have handled HR
Function Management projects with the modernized methods of technologies for our Local,
National, Global SME clients and some of the Fortune listed 500 companies.
We are lean and agile in adapting to the dynamic changes in modernized methods of
technologies. Our dedicated team efforts have resulted in the introduction of APHUSYS
application, which is a one-stop solution for complete HR solutions and this is one of its kind
in the market. We are well known for providing technologically innovative solutions through
an on-going commitment to quality, and excellence in our field.
Our practical and customised solutions for every HR need will assist the organization to get
the maximum out of what they put in and help to grow competitively. We analyse the
organizational needs and accordingly design strategies and strive to achieve goals with
respect to every design. For us, collaboration is the core of providing HR solutions through
which our experts will work with our clients as a cohesive team.
OUR VALUES
We believe in Human Synergies at work for helping the world to do business in the next
century. We strongly believe and advocate the collaboration for organizations to sustain a
business edge in the future. To our beliefs, we constantly make our undying spirit of
collaborative ecosystem and partner with people who are like-minded and build synergies for
a better world.
INTERNATIONAL PARTNERS
Career Star Group is a global transition and outplacement provider. It is spread over 770
offices in more than 70 countries across the globe with an excellent understanding of the
local job market and acts accordingly to provide the best solutions.
Career Star Group provides strategic consulting support to the businesses in building business
plans or considering entry into the Indian marketplace. Featuring customized consulting and
coaching services, Nina E Woodard & Associates provide professional support for assessing
needs and developing appropriate business plans for building Greenfield, Joint Venture or
Partnership relationships in India. The company can also support mergers or acquisitions in
India. Based on years of successful business experience in the United States, India and other
overseas locations NEWA delivers practical business plan and solutions based on business
requirements.
CLIENTS
We have both local and global presence in handling any specialized HR services. We came
up with an advanced level of HR platform with unique HR solutions both for the SMEs and
Fortune listed 500 companies. Our clients are spread over almost every corner of India, as
well as in some foreign countries, which can be count more than 1000 in numbers. All of our
clients are from different fields and we have provided them a unique HR service.
NEWS/MEDIA
We have a good brand image in the market and we are the first HR Company that is NSE
certified. We often get displayed in the media for our outstanding HR services to our clients
and also for our participation in other HR related programs.
AWARDS
Our Husys HR professional team has been honoured with almost 10 awards till date,
both at the national and international platforms. We are extremely glad for
being appreciated for the dedicated work of our team through awards. Our main motto is to
help our clients succeed with our on-going commitment to quality and excellence in our field.
TEAM
We are a pool of expertized HR professionals over more than 15 years of experience in this
service. All our employees having adequate experience and specialization in handling a
diverse range of HR services. We have come up with unique HR solutions for every
HR challenge, whether it may be a lack of talent, high authority recruitment, handling of
resources or performance management, etc. We have a high rate of client acceptance and
appreciation for what we do and what we are and which is the result of our dedication
towards work and our innovative way of providing HR solutions.
SOLUTIONS
We always follow a unique strategy that best suits the situation. There is no question in our
service for which we can’t provide a solution. Our team is well experienced in a diverse
range of fields and we have worked on different scenarios to provide solutions for HR
challenges.
HR CONSULTING FIRM
Get an effective plan for your business from our HR consulting experts. A structure
that can lead you to climb the ladder of your success. Our HR expert team analyzes
the business operation of our client. Look out for the strategies and plan that best fits
the specific needs of our client business and manage the employees effectively. We
segment the employees with the specific objectives based on the organization
Mission, Vision, and Goals of individuals, department, and organization or Firms.
Engaged employees are more productive. We create a work culture that helps the
employees to feel more engaged with their work. We arrange the seminars, meetings
and other activities which help employees to know each other and other departments
people, feel more responsible to their assigned work and which helps every individual
to deliver their best based on their objectives. Motivate the employee enough to
contribute their best to organizational growth.
Enhance productivity of your employees with the right skills. We focus on the
organizational mission, vision, and goals based on that we segment the roles and
responsibilities of the individual and departments. By taking that as a reference, we
analyse the performance of every individual and take the necessary step to appreciate
the employees for their high performance or provide the training and development
program for employees if they lack in performing any of the tasks.
Improve employee retention with right pay. We provide the appropriate strategies for
determining the salary of an employee based on market demand. So that employees
get satisfied with what they paid for their efforts. Compensation data changes
frequently, so we do a quarterly survey to update the latest market price. Our Husys
HR professionals are always updated with the compensation rates for every profession
so that it will not take much time to deploy in clients’ need.
Assist employees to get the right job even after they stop working for you.
Outplacement is the unique concept which is not much familiar in India. It is
generally practiced by the large organization to satisfy their employees, even after
they left the job at the time of retrenchment. So that employees can be re-joined when
company attains the stability. Our Husys Team handled outplacement services to
Local, National and International clients. This is a win-win situation for both-
employee to get a new job and for an employer to protect their brand and maintain
stability in their business.
Implement right strategies for better business results. We analyse the complete HR
service process and operation of the company and assists the organization to identify
the pitfalls and work on it with the right strategies defined by our expert team. We
suggest the necessary and standard ways to implement right strategies in the
workplace.
Human resources are the people who make up the workforce of an organization, business
sector, or economy. "Human capital" is sometimes used synonymously with "human
resources", although human capital typically refers to a more narrow effect (i.e., the
knowledge the individuals embody and economic growth). Likewise, other terms sometimes
used include manpower, talent, labour, personnel, or simply people. The term human
resources was first coined in the 1960s when the value of labour relations began to garner
attention and when notions such as motivation, organizational behaviour, and selection
assessments began to take shape.
Every organization, large or small, uses a variety of capital to make the business work.
Capital includes cash, valuables, or goods used to generate income for a business. For
example, a retail store uses registers and inventory, while a consulting firm may have
proprietary software or buildings. No matter the industry, all companies have one thing in
common: they must have people to make their capital work for them. This will be our focus
throughout the text: generation of revenue through the use of people’s skills and abilities.
Human resource management includes conducting job analyses, planning personnel needs,
recruiting the right people for the right job, orienting and training, managing wages and
salaries, providing benefits and incentives, evaluating performance, resolving disputes and
communicating with all employees at all levels.
E-Recruiting
Recruiting has mostly been influenced by information technology. In the past, recruiters had
relied on printing in publications and word of mouth to fill open positions. HR professionals
were not able to post a job in more than one location and did not have access to millions of
people, causing the lead time of new hires to be drawn out and tiresome. With the use of e-
recruiting tools, HR professionals can post jobs and track applicants for thousands of jobs in
various locations all in one place. Interview feedback, background and drug tests, and on
boarding can all be viewed online. This helps the HR professionals keep track of all of their
open jobs and applicants in a way that is faster and easier than before. E-recruiting also helps
eliminate limitations of geographic location. Jobs can be posted and seen by anyone with
internet access. In addition to recruiting portals, HR professionals have a social media
presence that allows them to attract employees through the internet. On social media they can
build the company's brand by posting news about the company and photos of company
events.
Training
Technology makes it possible for human resources professionals to train new staff members
in a more efficient manner. This gives employees the ability to access on boarding and
training programs from anywhere. This eliminates the need for trainers to meet with new
hires face to face when completing necessary paperwork to start. Training in virtual
classrooms makes it possible for the HR professionals to train a large number of employees
quickly and to assess their progress through computerized testing programs. Some employers
choose to incorporate an instructor with virtual training so that new hires are receiving
training considered vital to the role. Employees can take control of their own learning and
development by engaging in training at a time and place of their choosing, which can help
them manage their work-life balance. Managers are able to track the training through the
internet as well, which can help to reduce redundancy in training as well as training costs.
Skype, virtual chat rooms, and interactive training sites are all resources that enable a
technological approach to training.
Scope of Human Resource Management
Large organizations generally provide training to their employees for better utilization of
their skills. Also, they know the importance of training and development impact on the
organization. While in case of SME’s they don’t feel much benefit because they concentrate
on every single amount spend on the business.
In training and development process the employees don’t concentrate much on projects in
order to attend the training sessions. That may delay the deadline for the projects. Despite this
fact, a large organization employer doesn’t feel for that, because as employees get highly
skilled the process would be much faster and they can be competitive in the market. With
lack of skilled employees, the process and strategies utilized will make the overall process
slow and the quality may also get affected.
Every employee is weak at certain skills every employee will not be perfect, which you need
for the position. If the employee certain skills match and if you know you can strengthen its
skill by training, hire them or assign tasks to them, definitely your employee will work hard
to stand on your expectations.
Improving Performance:
Once the employee gets the desired skills required for the task to execute. Their weakness
will turn into their strengths and they get the better understanding what and how to execute
with better ideas.
Fostering Growth:
The main aim of any organization is to get development and growth for the effects they put
on. Growth can be achieved if all the workforce of an organization pays equal attention to
development. That requires the skilled and ambitious employees to handle the situation. By
providing training to your employees, you’re providing them the space to learn and grow.
Enhancing Satisfaction:
Employees feel confident in gaining skills. Training helps the employees to perform tasks
easily and also they can innovate new strategies to execute the task. This builds some level of
satisfaction in employees.
Reducing Turnover:
Initially, when you train your staff, it will cost you time and money. Once the employee gets
skilled in their role they can provide you better revenue than before. It reduces the frustration
level of both the employee and the employer. Expertise brings the quality of the work and
development of the organization.
Sometimes referred to as a PMS, is the process that a company uses to appraise and recognize
its personnel. A company with a properly executed performance management system can
improve employee morale, increase productivity and retain its top workers.
HR Audit:
Why HR Audits?
Strategic: It focuses on the strengths and weakness of processes to identify whether they
align with the HR departments or the company’s strategic plan.
Compliance: It focuses on how well the organization is implementing the federal and labour
laws and regulations.
Best Practices: This helps the organization to compare their HR practices with the similar
organizations and implement the same in order to improve their HR management.
Outside Authority: The auditor Compares with the standard rules as a measure by the
outside consultant and then fined the difference in their organization performance with that.
Benefits of HR Audit:
HR audit maintains the standardization in the organization also in the work of every
individual.
It creates a highly professional image of the HR department.
It clarifies the department roles and improves the uniformity in geographically
scattered organizations.
It ensures the compliance with a variety of laws and strategic plans in an organization.
It focuses on the contribution of HR department to the organization.
Help to find the critical HR problems.
Ensures timely compliance with legal requirements.
More and more companies seek the outsourcing services of HR recruitment companies. The
focus on HRM is now moved to the strategic utilisation of employees and the measurable
impact of employee programs over business. Nowadays successful companies need to be
adaptive, resilient, quick to change direction and customer-centred. HR professionals
establish systems for performance development, career succession planning and employee
development. This keeps people motivated, happy, personally engaged and contributing to
company success. Furthermore the HR professional helps the development of organisational
culture and climate in which employees have the competency, concern and commitment to
serve customers well.
From tech-giants to blooming start-ups every organization fuels their core business
operations with agile and exceptional HR consulting solutions. Most firms hire HR specialists
or staffing consultants for specific interventions or assignments which are time-bound in
nature. HR Consulting Companies offer specialized recruitment services that cover the entire
business operations.
HR Consulting
HR Operations
HR Technology
Under different services Husys Consulting have various sub services which can be explained
as follows:
HR CONSULTING
Research is defined as the creation of new knowledge and/or the use of existing
knowledge in a new and creative way so as to generate new concepts, methodologies
and understandings. This could include synthesis and analysis of previous research to
the extent that it leads to new and creative outcomes.
Activities that support the conduct of research and therefore meet the definition of
research.
Professional, technical, administrative or clerical support staff directly engaged in
activities essential to the conduct of research.
Management of staff who are either directly engaged in the conduct of research or are
providing professional, technical, administrative or clerical support or assistance to
those staff.
This study will help to look at the statistics of the most demanded HR services in the
SME’s which demand different HR practices.
This study will help solve the problem of applying the same HR practices as all
organisations do not work in the same way.
This study will find out what the future holds for HR Service providers in the global
organisations.
RESEARCH DESIGN
Research design can be described as a general plan about what you will do to answer the
research question. A research design is a systematic approach that a researcher uses to
conduct a scientific study. It is the overall synchronization of identified components and data
resulting in a plausible outcome. To conclusively come up with an authentic and accurate
result, the research design should follow a strategic methodology, in line with the type of
research chosen. To have a better understanding of which research paper topic, to begin with,
it is imperative to first identify the types of research.
Research design can be divided into two groups: exploratory and descriptive. Exploratory
research, according to its name merely aims to explore specific aspects of the research area
and does not aim to provide final and conclusive answers to research questions. In
exploratory research the researcher may even change the direction of the study to a certain
extent, however not fundamentally, according to new evidences gained during the research
process. Descriptive research design, as the name suggests, describes specific elements,
causes, or phenomena in the research area.
Exploratory research, as the name implies, intends merely to explore the research questions
and does not intend to offer final and conclusive solutions to existing problems. This type of
research is usually conducted to study a problem that has not been clearly defined yet.
Conducted in order to determine the nature of the problem, exploratory research is not
intended to provide conclusive evidence, but helps us to have a better understanding of the
problem. When conducting exploratory research, the researcher ought to be willing to change
his/her direction as a result of revelation of new data and new insights. On other words,
exploratory research design simply explores the research questions, leaving room for further
researches, whereas conclusive research design is aimed to provide final findings for the
research.
DESCRIPTIVE RESEARCH DESIGN
Descriptive research design is a scientific method which involves observing and describing
the behaviour of a subject without influencing it in any way. Many scientific disciplines,
especially social science and psychology, use this method to obtain a general overview of the
subject. Some subjects cannot be observed in any other way; for example, a social case
study of an individual subject is a descriptive research design and allows observation without
affecting normal behaviour. It is also useful where it is not possible to test and measure the
large number of samples needed for more quantitative types of experimentation.
The results from a descriptive research can in no way be used as a definitive answer or to
disprove a hypothesis but, if the limitations are understood, they can still be a useful tool in
many areas of scientific research.
What is sampling?
Sampling
A sample means a small group taken in a large lot. This small group taken in a large lot .This
small group should be emanative cross section and really “representative” in character. This
selection process is called sampling.
Purpose of sampling
To gather data about the population on order to make an inference that can be
generalized to the population by taking different samples from different target groups.
1. Convenience Sampling
2. Consecutive Sampling
3. Quota Sampling
4. Judgmental or Purposive Sampling
5. Snowball Sampling
In this study Non Probability Sampling Technique is used which was based on the selected
samples based on subjective judgement. The type of Non Probability Sampling Technique
which was used in this study was Convenience Sampling Method.
Sample size: Samples are devices for learning about large masses by observing a few
individuals. The sample size was taken to be 50.
DATA COLLECTION & DATA COLLECTION METHODS
Collection of Data
One of the important tools for conduction market research is that availability of necessary
and useful data. Date collection is more of an art than a science. The methods of marketing
research are in a way the methods of data collection. The sources of information fall under
two categories.
Internal sources:
Every company has to keep certain records such as accounts, reports etc. these records
provide sample information which an organization usually keeps collection in its working
External sources:
When internal records are insufficient and required information is not available, the
organization will have to depend on external sources of data are.
Primary data:
The data collected for a purpose in original and for the first time is known as primary data.
The researches collect this data to study a particular problem.
Secondary Data:
The data, which is collected from the published sources i.e., not originally collected of the
first rime is called secondary data.
Here the secondary data is data collected from the company’s website, brochures,
advertisements and the catalogues.
Chapter 4
Data Analysis &
Interpretation
DATA ANALYSIS AND INTERPRETATION
In this study we have studied different case studies to find out which HR Services are
the most demand services for SME’S.
Client Introduction
Business Scenario
The Company was in its transition phase with employees leaving and being added. Husys
was called in to provide a framework to reduce attrition and to develop the human resource
potential within the firm.
Key Benefits
Client Introduction
A Software Multinational, established in the year 1967 is based out of UK with 40 offices in
27 countries. It extends support to Marine, Power, Oil, Gas, Chemical, Mining and Paper
Industries.
Business Scenario
The Company required hiring support for establishing their Engineering Domain Solution
division for Hyderabad location. Husys provided full-time business support for Hiring and
Recruitment. Currently, Husys caters to another division hiring.
Understand manpower requirements and drive recruitment process as per hiring plan
Sourcing, Screening, Short listing and facilitating hiring process
Support in Negotiation for closure of positions
Key Benefits
As per the assigned plan, recruitment closures and campus drives were completed.
Client Introduction
A dynamic group, with an extensive experience in a wide range of Plotting, Housing, Farms,
Infra, and Resorts & Leisure Services, the firm is headquartered in Hyderabad with offices
spread over globally in USA, UK, Australia, and Dubai. Exuding a strong synergy between
its internal and external teams inclusive of Architecture, Engineering, Marketing, and Law,
the firm holds a good and reputed name as the best developers in Hyderabad.
Business Scenario
The company was in the expansion phase and required optimal utilization of manpower
resources for increasing profitability. There was a requirement for an effective leadership
team to facilitate the process and help in building the organization. The basic HR activity in
the organization needed to be taken care of by an external entity to ensure focus on core
capabilities. Husys was roped in.
Key Benefits
Client Introduction
Located in Medchal on a sprawling 11-acre campus, the college established in 2001 imparts
relevant and meaningful college education to those who need it the most. The college is
focused on enabling learning, and growth of students who believe their primary inheritance is
knowledge. Going beyond boundaries, the college also ensures the maturing of educational
best practices, spreading of eco-consciousness, facilitating career planning, ensuring faculty
development and organizational growth.
Business Scenario
Key Benefits
Client Introduction
Founded two decades ago, in 1991, the firm is India’s first curated fashion and lifestyle
online destination and have constantly strives to offer leading Indian and international
designers and brands. Their product portfolio encompasses a range of affordable luxury
products –including apparel, accessories, home decor, fragrances, watches, handbags and
much more. The firm has been synonymous with some of the finest couturiers and craftsmen
from the sub-continent. As a pioneer in the Indian fashion industry, the firm has managed to
carve a niche for itself in the luxury retail and ecommerce industry, even serving as a launch
pad for several of India’s leading fashion personalities.
Business Scenario
Directors, Founders and Co-founders were in need of an unbiased HR function to buffer the
decision time taken by the management and also to have a futuristic focus in place to ensure
that the company meets employee needs from inception as per the statutory laws and on par
with the current market strategy, to maintain and utilize resources optimally.
Key Benefits
Client Introduction
A Low Cost and Multi-Dimensional Global Distribution Service, serving as a single point
connection between the Airlines and Agents, the firm is the first of its kind in the industry.
The company exhibits a clear, operational economy of scale and proposes to simplify the
distribution system by offering cutting edge technology to travel fraternity, which would
foster stability among travel distributors, expansion in the network, lower airline distribution
costs and slow content fragmentation.
Business Scenario
The organization was a start-up. Despite offering salaries above the market level, employees
were dissatisfied as the basic HR processes were not in place. The HR activity was
administered through the accounts department. There was a need for role clarity and
accountability. Compensation rationalization was a need and employees required managerial
support.
Key Benefits
Client Introduction
The company is based in the Pearl City, Hyderabad. A partnership firm, it is in the business
of manufacture and retailing of pearls. Having been in the market for the past 84 years, it
stamps its mark with over 2 million customers in India.
Business Scenario
As the company grew in size and competition grew, the management focused attention on
core activity and sought the help of Husys in managing its employees. The levels of
employee grievance were high and a sturdy backbone of satisfied employees was imperative
for the propelling the enterprise forward.
Strategic Interventions:
Business Objective Setting
Organizational Grading
Organogram Designing
Role Grading Documents
HR Process Defining
Recruitment:
Role Orientation
Skill Identification
Employee Positioning
Key Benefits
Client Introduction
Founded in the year 1959 as a rice milling company selling high quality rice, it revolutionized
the food sector in Kerala and began branching into breakfast powders, mixes, wheat products,
curry powders and condiments to name a few. Today the company offers more than 20
superior types of rice and 100 premium quality products in different ranges.
Business Scenario
The firm desired to have a more professional and updated HR process and system in place.
Development of HR Manual
Development of Organizational Structure Model
Assessment of Internal Team for Role Fitment
Salary Structures for Various Levels
Key Benefits
Preparation of HR Manual
Development of Organizational Structure and hierarchical levels
Development of Training framework for implementation
Assessment of Internal team for role fitment
Development of Salary Structures for various levels
CASE 9: ENERGY MANAGEMENT FIRM IN INDIA (NEXTGEN/ ENVIRONMENT
CONSULTING) (OPERATIONS) (2017)
Client Introduction
Business Scenario
Keeping with its core values of innovation, impact, and integrity. Husys, which initiated
service in June 2013, was a quick blend with the firm.
Key Benefits
Client Introduction
The firm is a well-known global conglomerate, with diversified interests in the field of
Supply Chain Management & Logistics, Medical Support, Information Technology, Base
Metals, Courier Industry, Real estate and Lentils Manufactures. The logistics arm of the firm
had carved a niche for itself in the highly critical and time-sensitive Premium Freight
segment comprising of Railway & Air Freight, for more than 20 years!
Business Scenario
The firm needs a proper HR function management for maintaining their HR resources to be
utilized properly and get the best for what they pay. Also to meet the quality service to their
clients on time at any time.
Client Introduction
A leading and an outstanding player in India for crane hire, transport and warehousing
industry, the firm was established in the market for the past 5 generations. The firm is an ISO
9001: 2008 & an ISO 14001: 2004 Certified Company and provides economical services with
optimum utilization of assets.
Business Scenario
The firm is family run and required streamlining of processes for development into a
professional business. The organizational values required definition as culture, HR Processes
needed to be defined for organizational efficiency, teams required induction with clarity of
roles and the performance and compensation structure required mending.
Husys entered in June 2012, and begun setting up the HR function and having focused
discussions with the CEO on integrating the business plan to HR strategy.
Recruitment Policy
Recruitment Process Documentation, Procedure for Recruitment
Terms and conditions for Employee Agreement
Employee Joining Process
Personal File Maintenance (Procedures and Formats)
Appointment Letter, Terms/ Professional agreements for Employers
Organizational Design and Grading
Work Norms (Onsite and Remote)
Attendance and Leave Policy – Tracking and Recording Mechanism format
Performance Appraisal Process – Design and Implementation
Training Process Design and Documentation
Exit Policy Design and Management
Increment Advise
Key Benefits
HR Manual implementation
Client Introduction
The exporting company, headquartered in Bangalore, is a merger with the world’s leading
specialist in the industry having operations in 29 countries. They are India’s leading exporter
(mainly in Europe) showcasing the potential of Indian producers on to the global scene.
Business Scenario
Being a company with global presence, it required the support of Husys in managing its
extensive data and executing HR practices by identifying employee needs and providing
customized solutions to cater to the HR needs of the employees.
Key Benefits
Client Introduction
Business Scenario
The firm lacked an HR department and systems to handle employees. The spa was expanding
and required an effective HR team to manage and streamline HR operations. Husys enters.
Key Benefits
Client Introduction
The company was set up in the year 2007 to manage the sales and operations for its parent
Company in Mauritius. Having their corporate office at Bengaluru, this 15 member’s strong
Fiduciary firm provides support to help in creating Fund and management services for clients
across the globe.
Business Scenario
By growing demand to inculcate best HR practices and make the India Operations team
strong, Prayama invited Husys to handle the operations for 4 cities of the world from India
Office. The company at this time did not have any in-house HR and also no proper records of
employees. From 2013 onwards, Husys is servicing the client.
Key Benefits
14%
Operations
Consulting
86%
Operations Consulting
2015 2 0
2016 3 2
2017 4 3
INTERPRETATION OF THE STUDY
1. According to the objectives of this study we found out that although Husys
Consulting Limited offers a variety of services like HR Operations, HR Consulting
and HR Technology; SME’s only require only two of these services under which the
operations service is mostly needed in SME’s.
2. According to the analysis of the data the second objective of the study is found out to
be HR Operations service as the most demanded service of the SME’s followed by
HR Consulting Services.
3. The third objective of the study was to determine the future prospects of HR Services
in the SME’s. By understanding the opportunities of HR business with SME’s one
can easily come up with a business where one can find a good scope to grow in the
HR market. Unlike other businesses, HR businesses have different opportunities that
you can get in order to provide HR specific services. Anyone can start HR business
irrespective of your background in any field.
Chapter 5
Findings & Observations
FINDINGS AND OBSERVATIONS
It was found out in the study that the demand for the HR Services provided by Husys
Consulting Limited has been increasing through the years 2015 to 2017.
It can be seen from the bar chart that the demand for HR Operations has been
increasing from the year 2015 to 2017.
On the other hand the service for HR Consulting provided by Husys Consulting
Limited has only started from 2016 to 2017.
From the pie chart it can also be found out that the service of technology is not in
demand among the SME’s in India.
On the other hand it can also be interpreted from the pie chart that the HR Service for
operations is demanded among 86% of the SME’s and the HR service for Consulting
is demanded for the rest 14% of the SME’s.
The observations of the study are that though the demand for HR service of
technology is not there in the SME’s it will be in the near future as the demand for
technological services are increasing on a global level in the industries.
HR Service of operations was the highest because the SME’s being small and medium
firms are among the firms which are the emerging businesses of India and will further
contribute to the economy of India thus they need to have a proper structure of their
HR Operations service.
HR Service of consulting provided by Husys Consulting Limited was lower in
demand as compared by the service of operations because the service of consulting is
considered more expensive than the operations service provided by Husys Consulting
Limited and the emerging SME’s sometimes cannot afford the consulting service
provided for them.
The further observations done under this study was that it understood the future
prospects of the opportunities of the services by Husys Consulting Limited. By
understanding the opportunities of HR business with SME’s one can easily come up
with a business where one can find a good scope to grow in the HR market. Anyone
can start HR business irrespective of your background in any field.
It can also be observed that the future of the HR Services in India is increasing and
further the other services of HR Services will also be needed as the Indian SME’s are
developing SME’s and some of the SME’s can also turn into bigger companies in the
future of India.
Chapter 6
Limitations
LIMITATIONS OF THE STUDY
One of the limitations of the study was that the study was not able to cover a wide
range of case studies because there were not enough time for the project to cover a lot
of services of the case studies.
The sources of these case studies were limited to interpret the past data from the year
of 2015 or earlier.
The demand of HR Service: Technology was not there in the SME’s because of their
limited capital structure. The SME’s cannot afford the technology service of the
Husys Consulting Limited as it includes a larger amount of money to be invested in it.
The sample number of the clients of Husys Consulting Limited was also not a very
large number as Husys Consulting Limited only targets SME’s. Which sometimes are
not very much interested in HR Services because they want profit maximisation rather
than wealth maximisation and because they are more labour intensive than capital
intensive.
Chapter 7
Conclusion
CONCLUSION OF THE STUDY
It was found out in the study that the demand for the HR Services provided by Husys
Consulting Limited has been increasing through the years of 2015 to 2017. It can be seen
from the bar chart that the demand for HR Operations has been increasing from the year 2015
to 2017. On the other hand the service for HR Consulting provided by Husys Consulting
Limited has only started from 2016 to 2017.
HR Service of operations was the highest because the SME’s being small and medium firms
are among the firms which are the emerging businesses of India and will further contribute to
the economy of India thus they need to have a proper structure of their HR Operations
service. The demand of HR Service: Technology was not there in the SME’s because of their
limited capital structure. The SME’s cannot afford the technology service of the Husys
Consulting Limited as it includes a larger amount of money to be invested in it. Husys
Consulting Limited only targets SME’s which are not very much interested in HR Services
because they want profit maximisation rather than wealth maximisation.
Chapter 8
Suggestions
SUGGESTIONS FOR THE STUDY
It can be observed that the future of the HR Services in India is increasing and further
the other services of HR Services will also be needed as the Indian SME’s are
developing SME’s.
The SME’s should focus more on the technical and future trends of the industries if
they want to survive in the cut throat competition on the national and international
level for the industries.
The observations of the study are that though the demand for HR service of
technology is not there in the SME’s it will be in the near future as the demand for
technological services are increasing on a global level.
It can be a turnaround for the Consulting services as the SME’s of India are emerging
and they will further need the Consulting services for the further growth of their firms
and so Husys Consulting Limited should also focus for recruiting more people as a
backup for the Consultation services of their company.
References & Bibliography
REFERENCES AND BIBLIOGRAPHY
https://husys.com/
https://husys.com/about-us/
https://husys.com/services/hr-consulting-firm/
https://husys.com/services/hr-operations-services/
https://husys.com/services/hr-technology-services/
https://husys.com/case-studies/
https://husys.com/case-studies/aditya-music-entertainment-industry/
https://husys.com/case-studies/aveva-software-industry/
https://husys.com/case-studies/building-blocks-construction-industry/
https://husys.com/case-studies/hitam-education-industry-case-study/
https://husys.com/case-studies/intrepid-online-pvt-ltd-e-commerce-industry/
https://husys.com/case-studies/iriss-tourism-industry/
https://husys.com/case-studies/sampark-logistics-logistics-industry-case-study/
https://husys.com/case-studies/steel-carriers-transport-industry-case-study/
https://husys.com/blogs
Annexure
ANNEXURE
CASE 12: GLOBAL ON DEMAND HIRE (JAYANTI/ EXPORTING COMPANY) (CONSULTING) (2017)