Parameters Of Success- Moser Baer India Limited

  • May 2020
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Parameters of Success- Moser Baer India Limited Market Share: 30% Net Profit: Rs 27.60 million for the quarter ended June 30, 2009. Level of Diversification: 1983: started its operations by manufacturing time recorder units 1998: manufacturing of 5.2 inch floppy disk 1999: started manufacturing CD and DVD’s 2005: Announced Moser Baer Photovoltaic Ltd as it’s wholly owned subsidiary 2006: made a foray into entertainment business 2008: started the production of consumer durables like DVD players Export Sales: 270 crores for 2008-2009 (75% of the earnings of Moser Baer comes through Exports. It has its presence in 82 countries worldwide) Technology and Process Up gradation: The company, along with recently acquired OM&T, the former R&D subsidiary of Philips, has developed what it says is the world's first high speed 8x Blu-ray disc (BDR). Technological partnerships with companies like Hewlett Packard Employee Relations: Moser Baer does not have any labor unions. Communication between the employees is encouraged through regular “townhall meetings” apart from that work life balance and effective stress management is achieved through Yoga classes and art of living sessions. Some of activities undertaken for building employee engagement are: •

OPEN HOUSE BY SENIOR LEADERSHIP TEAM:

To reward the employees for outstanding performances that deserves recognition from Top Management. Hearing Employees’ voices, concerns, inviting suggestions / opinions / feedbacks for improvements. •

HR HELP DESK: For daily and routine problems employees can approach Help Desk



REWARD & RECOGNITION:

a) Best Employee of the Month b) Best Employee of the Year c) Suggestion Scheme

d) Outstanding Manager of the Year e) Appreciation Award f) On-the-Spot Award g) Innovation Award h) TIPS Award i) Six Sigma Certification j) Long Service Award i) Quest for Excellence •

EMPLOYEE CARING INITIATIVES:

1. Free Transport Service 2. 24 Hrs. Ambulance Service 3. Full Time Company Doctor 4. Moser Bear EDLI Scheme 5. Group Medi-Claim Scheme 6. Personal Accident Insurance of Employees 7. Financial Assistance in case of Death 8. ATM Facility in Company Premises 9. Salary Advance Policy incase of exigency 10. Happy & Sad Occasions 11. Global Help Desk 12. Cafeteria Facility (Subsidized) Innovation: The company was the first company in the world to ship the blue laser based HD DVD-R product to its global OEM customers. Research and Development: Company’s R& D centre has been granted recognition by the ministry of science and technology, Govt. of India.

Senior GM of HR department (Greater Noida): Mr. Rajiv Sehdev, 9811778788 (M) Email id - [email protected]

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