Readiness for IPO

The company is a leading rice exporter. It had its manufacturing, quality, marketing and legal system quite much in control. However, with regard to people, both on roles and contract, they were quite much at a loss and ill-equipped to handle. It was a critical requirement as in next 18 months they were planning for their IPO.

After an initial audit and survey, we realized where the company actually needed to start. Instead of starting with HR systems, we put in place their complete ‘Annual business planning & budgeting’. We facilitated the group’s Vision, Mission and Values articulation. We helped design their compensation and performance management system. We also put together and supported the implementation of a comprehensive policy document in line with the Organizational Values and finally moved out after hiring HR head for the organization.  The company has since grown multifold.