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Shilpa
Vaid, an HR manager at Aviva Life Insurance
Company, used to interact with managing
director Stuart Purdy practically every
day in the course of her job. But since
end April, their relationship hasn't quite
been the same. That was when they met for
a mentor-mentee interaction lasting two-and-a-half
hours. The two spent the time getting to
know each other and their families. Since
then they have had three such sessions,
apart from regular interactions over the
phone. "For me, it is excellent as
I feel there is a great deal I can learn
from Stuart. Despite official beginnings,
I am sure we will continue to have this
relationship through life," says Vaid.The
mentoring programme may be part of Aviva's
global policies, but many of the HR initiatives
in India are local. "At least 50% of
Aviva's policies are homegrown," says
the big-built and bluff Purdy.
Purdy came to India in January 2000. His
arrival coincided with the painfully slow
prising open of the insurance sector. Since
then he has been shaping the organisation
with his unique brand of people-focus.
"We
have been lobbying Irda (Insurance Regulatory
Authority of India) to allow us to treat
our agents as employees who can get benefits,
not just commissions," says Purdy.
He and his HR head, Anuradha Purbey, believe
that their agents are as much full-timers
as Aviva's sales managers and actuaries.
This is communicated to the rank and file
through actions.
Aviva has involved all
employees in the start-up right from the
word go. In October 2001, even before it
was selling insurance in India, the company
held a visioning programme called Navkriti.
Its 100 employees went through workshops
and conferences to decide two things: what
should their objective be and what should
their behaviour be like.
Aviva is also trying to
chart a clear career path for its agents.
Navneet Chauhan, who joined as a financial
planning advisor (FPA), is treading it right
now. After working in the field for a year,
he was taken on the rolls as a sales manager.
"I have had almost five years of experience
working in the field in the pharmaceutical
and the financial sectors. Despite being
a high performer, I saw no opportunity to
grow," he says.
With 17 offices and 800
FPAs, growth is very much on Aviva's mind.
But underlying the expansion is the compelling
need to keep its employees productive and
happy. Attrition rates are as high as 30%
in insurance.
Aviva realises that compensation
may be just a hygiene factor. So the company
is doing its best to emphasise culture,
values and emotional ties.
Each month Purdy addresses
everybody through a meeting called 'Town
Hall' and he takes at least 12 questions
related to Aviva. Navkriti made every employee
and agent a stakeholder in Aviva's vision.
Similarly, there is no differentiation on
the communication with FPAs; they are given
full support by the corporate office. The
mentor-mentee programme has now been extended
to the FPAs.
"The quality of people
here is as good as in other parts of the
world. It was clear that we had to get people
who had the potential to be top performers.
My job is simply to help them realise their
potential," says Purdy.
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