Hyundai India has embraced a visionary approach to the organizational structure by introducing a new co-created and reimagined model. The model consists of a collaboration of Hyundai India with Deloitte India. This transformative step aligns with its mission of ‘Progress for Humanity’ and assists to lead the industry.
Aim of Hyundai for restructuring the HR practices
The company aims to implement collaborative networks with the implementation of a more agile hierarchy. This will enable the employees to showcase their talents and grow through dynamic career pathways.
The journey towards transformation began with the inception of Hyundai’s prestigious Leadership Excellence Academy (LEAD). This initiative is designed to create a sustainable and futuristic development framework.
The LEAD also facilitates multi-assignment exposures, allowing participants to enhance their skills and perspectives in diverse settings. By fostering a culture of continuous growth and development, Hyundai is empowering its employees to reach new heights of success.
Official Statement
Commenting on the milestone transformation, Mr Unsoo Kim, MD & CEO, of Hyundai Motor India Ltd. said, “True to Hyundai’s pioneering spirit, the Role Based Organization is envisaged to make Hyundai Motor India smarter and future-ready. Every Hyundai-an is supported through this transformation to realize his or her fullest potential through agile experiences, immersive learning and accelerated development opportunities. This affirms our belief in a future with infinite possibilities and helps charter our course, ensuring Progress for Humanity.”
“We take great pride in our collaboration with Hyundai for this leadership development and people transformation initiative on setting up a role-based organization. Deloitte is actively supporting organisations across various sectors as they embark on transformative initiatives to navigate the dynamic business environment. The automotive industry, in particular, is known for its rapid evolution, and it has been a great opportunity to work with Hyundai, who are at the forefront of advancing their products, systems, and people processes,” said Sathish Gopalaiah, President – Consulting, Deloitte South Asia.
Mr Charles JS Walter, AVP & Vertical Head – Human Resources, Hyundai Motor India Ltd. added, “Over the past year, we had embarked on a thoughtful reimagination journey to make Hyundai Motor India a more agile, lean and learning-oriented organization. With the adoption of the program in a record-breaking time, we at HMIL are glad to have reached a pivotal milestone by setting in motion a futuristic organizational structure and the supportive Academy. This co-created framework stands testimony to Hyundai’s commitment to a progressive future, stakeholder inclusiveness and its ubiquitous focus on people development”.