Monday, December 03, 2012

A human asset management tale

Human Resource Management has been a great success at Tata Consultancy Services, Asia’s largest provider of information technology. The management has always believed that “HR is the greatest asset that any organisation possesses and it must ensure that this potential is harnessed to the maximum to contribute positively towards the growth of the organisation.”

TCS is a part of India’s largest and oldest conglomerates, the TATA Group. It has evolved various HR models and methodologies which have enabled it to be successful and carry forward the legacy of its founders. TCS employees are recognised as intellectual fuel and are provided with various benefits which are designed to retain them.

S. Ramodaorai, who remained its CEO from September 1996 to October 2009, played an integral role in the international development of TCS. He took over when TCS earned USD 400 million and had 6,000 employees. His efforts have helped make TCS one of the world’s largest global software and service companies with more than 1,43,000 consultants working in 42 countries, operating out of over 151 offices worldwide, and with revenue over USD 60 billion.

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