Human Resource
Build a Comprehensive Plan to Develop Employee Potential and Lower the Attrition Rate of a Company
Study the HR practices in IT retail and help a Hyderabad-based computer distributor better develop their employees and increase retention.
About this Menternship
Opportunity:
Vishal Peripherals operates in a niche industry - IT retail. They sell computers and parts of computers, and they are one of the biggest retailers in the states of Telangana and Andhra Pradesh. Their industry partners include 200+ tech giants like Intel, Nvidia, Dell, HP, Lenovo and Canon. In spite of the boom of e-commerce, physical IT stores have held onto their fair share of customers in the B2C and B2B markets. Customers turn to trustworthy local retailers for good deals and reliable recommendations for their long-term IT purchases.

Problem:
Post-2020, the world is going through what has been described by the HR industry as the ‘great resignation’ or the ‘great reshuffle’. The pandemic has made a large part of the working population reassess their career priorities and as the world of business opens up, many of them are looking for different career paths that will align with their personal and professional goals. This is one of the most exciting (and terrifying!) times for the HR of any industry - the competition to attract and retail the best talent is fierce. HR must keep abreast of the latest in their industry and create opportunities for their employees to grow and thrive at work to keep the level of employee engagement high during this time.

Deliverable:
In this menternship, you will conduct research on the IT retail industry and present a strategy to retain, engage and develop employees at Vishal Peripherals.
Why take up this Menternship?
On completing this Menternship, you will learn about
You will explore:
IT retail industry
PRIDE model of employee engagement
High-potential employee 

You will apply:
Research - HR
HR strategy (Employee engagement)

You will create:
A strategy document to guide employee engagement, retention and development in an IT retail company
Expected Output
  1. Employee Retention strategy and plan of action
  2. A report on the best case practices
  3. Report on employee potential based on your research
  4. Video of Self
Build a Comprehensive Plan to Develop Employee Potential and Lower the Attrition Rate of a Company
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