Management & HRM practice/approach of Pidilite Specialty Chemicals (BD) Pvt. Ltd.

Abstract

While doing the internship, through my observation I have gained practical knowledge of the Management and HRM approach of the MNC as well as different operational functions to achieve short/long-term organizational goals. Besides, it has been observed how HRM of the organization ensures the proper utilization of employee skills, knowledge, and abilities. Also, different reward programs are always being initiated to motivate employees and coordinate with the organizational goals set by the top management through positioning the competent employees with the right tasks at the right time. The first section of the report consists of the Organizational background, the mission, the vision, and the core values of the organization. Also, the report illustrates the management hierarchy through organizational organogram, HRM, and overall management practices to align with organizational goals. This section consists of different HRM approaches/practices to staffing, internal & external recruitment, selection as well as employee training/development within the organization and HRM division job responsibilities. In addition, I have conducted a SWOT analysis to identify the positioning of competitors or rival organizations as well as the scopes of developing the organization’s current management strategy with recommendations that follows the conclusion part of this report.