Nuvoco Vistas Corp. Ltd., one of the leading manufacturers and retailers of construction materials in the country, has been awarded for being amongst the top 50 companies in India’s first People Capital Index (PCI) list It was formerly known as Lafarge India Ltd.
The awards function took place in Mumbai at ‘Leading From Behind,’ an HR leadership summit; where the 50 companies that ranked high as per the findings of the PCI, were felicitated. Some of the companies that were featured in the Top 50 were Tata, Mahindra, Godrej, GE, HUL, Philips, Marico, Cadila, Wipro, Deloitte, Dell, Airtel, Bajaj, Accenture, and Abbott.
With a high degree of employee satisfaction pertaining to its talent development efforts and programmes; Nuvoco is the only company in the construction materials domain amongst the winners.
In order to qualify for evaluation, a minimum of thirty of an organisation’s mid-management level employees needed to have participated in an anonymous online survey. By that yardstick, 180 Indian companies had qualified to be in the PCI race. The British Standards Institution (BSI), the world’s most experienced Standards Body and founding member of ISO, was the standards and audit partner for PCI. Nuvoco scored because of its programmes and initiatives as well as its progressive HR policies.
Mr. Devendra Shangari, Chief of Human Resources & Industrial Relations, Nuvoco, who collected the award on behalf of Nuvoco, remarked on the win, “This means that we are on the right track! It is a matter of immense pride that our employees, our most valuable asset, have expressed such high satisfaction. We have always endeavoured to support talent across levels with the right Tools, Trainings and Tips (Coaching). In that respect, we have moved away from the traditional talent management approach, and have instead adopted a more contextual, inclusive method, which is adaptable to different needs across levels. This award is a validation of all those efforts. Ranking this high on India’s first People Capital Index is the most rewarding vindication of the focus and support of our top leadership for the growth and development of our employees.”
Photo caption: Mr. Devendra Shangari, Chief of Human Resources & Industrial Relations, Nuvoco, along with Ms. Manisha Kelkar, Head – Corporate HR, Nuvoco, receiving the People Capital Index Top 50 award.
Brandturks 