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Shaping the future of software driven business
Report of the Directors •
79
Your Company conducted quarterly chats for the employees after quarterly results to discuss your Company’s performance for
the quarter and plans for the next quarter. Dr. Anand Deshpande, Chairman and Managing Director, Presidents and other senior
employees interacted with employees through this forum.
CareersAtPersistent: From A We-Enterprise To A Me-Enterprise
Your Company believes that individuals are responsible for their own careers and also believes in doing all what it takes to help
individuals meet their career aspirations and goals. Your Company believes that diversity is important, and every individual is
unique, and this individual uniqueness must be encouraged and preserved. To provide every individual a choice and options,
your Company offered many different programs tailored for specific groups and their requirements.
To help employees with their career development, your Company has established the SARA (Self-Assessment, Reflection and
Achievement) framework. This framework helps employees to plan their individual career and manage their aspirations.
Employees were encouraged to participate in various existing and new initiatives such as Career Development Tools (Online
assessments), Career Guidance Council (by leaders @ Persistent), Career Coaching Service (by certified career coaches), Design
Your Career Program (based on Design Thinking approach), CaPro Program (for Career Progression @ Persistent), Persistent
Toastmasters Club (in association with Toastmasters International) and Gotten Program (for building the culture of ownership)
which were organized throughout the year.
As many as 114 project / team-specific Experiential Programs were organized and more than 2,500 employees participated
throughout the year. Business-relevant and people-centric takeaways, which would catalyze employee development while
helping them align to the business goals was the focus of these experiential programs. Your Company’s Experiential Program
2.0 (2-hour model of in-house experiential programs) was adjudged as the First Runner up at the CII National HR Circle
Competition 2018.
Your Company launched a leadership development program “Navigate to Value” to enable sales leaders in the US acquire
deeper understanding of client buying approach, framing client value, solution selling and strengthening client facing presence.
Financial Acumen for Sustainable Growth was introduced by your Company to enhance the ability of non-finance leaders to
make financially intelligent decisions.
Your Company continued to organize its flagship program - Leadership Enablement at Persistent (LE@P). This six-months’
program has helped mid-level high potential managers to develop a well-rounded understanding of Persistent, customers,
positioning and offerings. This year, your Company also launched an exclusive LE@P batch for your global employees.
After a successful implementation of the Aspire Program last year – A program focused on developing Women Leaders - your
Company’s Women Forum (Prerana) in association with the women leaders of Aspire launched another unique Program named
DISHA. The pilot program was conducted across various Pune locations. The goal was to create a women’s network to provide
women mentorship for career Development in addition to Inspiration, Support, Happiness and Appreciation.
Along with such initiatives, many technical events and sessions such as Agile Day, My Career Story series were organized
during the year under report.
Semicolons, the annual global hackathon for charity was organized in February 2019. This year more than 600 employees
in 47 teams participated across all global locations. 11 employees who made significant technical contribution during FY 2018-19
were recognized by the CTO office during the semicolons event.
In order to encourage employees to explore internal job opportunities, your Company conducted an extensive campaign to
promote Persistent’s internal jobs portal (iJobs).
Employees received feedback about their work through improved Performance and Health Management System (PHMS).
My Life At Persistent: Not Just Products; Helping People Build Their Lives
Work Life @ Persistent is not just about doing serious things. We work hard and we play hard! During the year under report,
more than 250 Beyond Work Initiatives (BWIs) were organized at your Company’s Centers. Every quarter, more than 3,000
employees participated in BWIs. With an intent to cater to varied interest areas of employees, the initiatives were of different
types such as art, fun, family connect, children-special initiatives, festival celebrations, knowledge-sharing etc. An initiative
named ‘Bring Your Kids to Office’ was especially popular among employees and their kids, as kids got a chance to spend an
entire day in their parent’s office. Where feasible, beyond work initiatives were open to family members of the employees.
Pulse, your Company’s annual event was very popular and was celebrated at all centers. Various wellness events were organized
during Pulse.