Lodha Ventures Group - HR Head - Incubation Businesses (12-15 yrs)

Lodha Ventures_HR Head - Incubation Companies

About Lodha Ventures - An Abhinandan Lodha Enterprise: (https://www.lodhaventures.com/):

Lodha Ventures, an Abhinandan Lodha Enterprise, is a formidable collective of some of the best-of-breed, high-growth new-age businesses. We back highly ambitious ideas and turn them into category-disrupting businesses built to stand the test of time.

We are a launchpad for nascent businesses that have the potential to become a part of our eclectic mix of businesses. We deploy unlevered and patient proprietary capital with a focus on value creation, unconstrained by the pressures of redemption.

Our decentralized portfolio operates with independent CEOs and empowered leadership teams, fostering a performance-driven culture that sparks value creation. This ecosystem cultivates consumer-centric brands at the forefront of innovation, always pursuing excellence. Anchored in sound business practices, our businesses are poised for greatness, shaping industries as they grow.

Role Summary:

The Head of Human Resources - Incubation provides strategic HR leadership to cultivate a culture of innovation, attract top-tier talent, and ensure that HR initiatives align seamlessly with the organization's dynamic and pioneering ethos. This role emphasizes the importance of adapting to the unique demands of incubation, where agility, creativity, and forward-thinking are essential for success.

Key Responsibilities:

1. Innovative Talent Acquisition: Develop and implement innovative strategies for attracting and retaining top talent aligned with the organization's disruptive approach. Spearhead the recruitment process, ensuring a seamless experience for candidates that reflects the commitment to innovation.

2. Culture of Trailblazing Innovation: Nurture a work environment that encourages creativity, risk-taking, and an entrepreneurial mindset. Implement HR initiatives that reflect and reinforce the organization's commitment to being a trailblazer in the industry.

3. Leadership Development: Foster the establishment and leadership of an in-house development function, attracting and cultivating leadership talent to propel organizational advancements. Collaborate closely with senior leadership to ensure an integrated and cohesive approach to leadership development that aligns with overall business strategies.

4. Workforce Alchemy - Crafting Engagement at Incubation Companies: Drive initiatives to enhance employee engagement and satisfaction, emphasizing the unique and historic nature of the mission. Communicate the revolutionary spirit to employees, fostering a sense of pride and ownership in the organization's groundbreaking endeavors.

Key Performance Indicators:

1. Shaping the Future at Incubation Companies: Employee Engagement Index: Measure the overall engagement level of employees through regular surveys, assessing factors such as job satisfaction, motivation, and commitment.

2. Talent Retention Rate: Track the percentage of key talent retained over a specific period, indicating the organization's ability to retain valuable employees.

3. Strategically align compensation and benefits with talent management for high-potential individuals while concurrently devising a wealth creation plan for the emerging senior leadership.

4. Develop a robust Performance Management program with one facet dedicated to financial increments for employees and another focusing on their individual development plans.

5. Unleashing Tomorrow: Fanning Innovation Frontier at Incubation Companies

a. Innovation Adoption Rate: Monitor the adoption rate of new technologies and innovative practices introduced within the organization, reflecting the workforce's openness to innovation.

b. Number of Implemented Employee Ideas: Measure the number of ideas generated by employees that are successfully implemented, showcasing a culture of innovation.

6. Rising Stewards: Architecting Leadership at Incubation Companies

a. Leadership Development Program Impact: Evaluate the impact of leadership development programs on enhancing leadership skills, team effectiveness, and overall organizational performance.

b. Leadership Effectiveness Assessment: Regularly assess leadership effectiveness through feedback mechanisms and performance indicators, ensuring leaders contribute to a positive work environment and employee engagement.

7. Inclusive Canvas: Embracing Diversity at Incubation Companies

a. Diversity Representation: Track the representation of diverse groups within the organization, including gender, ethnicity, and other key diversity factors.

b. Inclusive Leadership Assessment: Evaluate leadership effectiveness in promoting and practicing inclusive behaviors through assessments and feedback.

8. Wellness Elevation: Nurturing Employee Well-Being at Incubation Companies

a. Wellness Program Engagement: Measure employee participation and engagement in wellness programs, indicating the success of initiatives promoting employee well-being.

b. Absenteeism Rate: Track the rate of employee absenteeism, reflecting overall well-being and job satisfaction.

9. Converse with Ease: Simplifying Communication at Incubation Companies

a. Employee Feedback on Communication: Regularly collect feedback from employees regarding the effectiveness of communication channels and strategies.

b. Communication Open Rates: Monitor open rates and engagement with internal communication channels, ensuring effective dissemination of information.