Close Menu
    Facebook X (Twitter) Instagram
    • Our Story
    • Partner with us
    • Reach Us
    • Career
    Subscribe Newsletter
    HR KathaHR Katha
    • Exclusive
      • Exclusive Features
      • Research
      • Point Of View
      • Case In Point
      • Dialogue
      • Movement
      • Profile
      • Beyond Work
      • Rising Star
      • By Invitation
    • News
      • Global HR News
      • Compensation & Benefits
      • Diversity
      • Events
      • Gen Y
      • Hiring & Firing
      • HR & Labour Laws
      • Learning & Development
      • Merger & Acquisition
      • Performance Management & Productivity
      • Talent Management
      • Tools & Technology
      • Work-Life Balance
    • Special
      • Cover Story
      • Editorial
      • HR Forecast 2024
      • HR Forecast 2023
      • HR Forecast 2022
      • HR Forecast 2021
      • HR Forecast 2020
      • HR Forecast 2019
      • New Age Learning
      • Coaching and Training
      • Learn-Engage-Transform
    • Magazine
    • Reports
      • Whitepaper
        • HR Forecast 2024 e-mag
        • Future-proofing Manufacturing Through Digital Transformation
        • Employee Healthcare & Wellness Benefits: A Guide for Indian MSMEs
        • Build a Future Ready Organisation For The Road Ahead
        • Employee Experience Strategy
        • HRKatha 2019 Forecast
        • Decoding and Driving Employee Engagement
        • One Platform, Infinite Possibilities
      • Survey Reports
        • Happiness at Work
        • Upskilling for Jobs of the Future
        • The Labour Code 2020
    • Conferences
      • HRKatha Futurecast
      • Automation.NXT
      • The Great HR Debate
    • HR Jobs
    WhatsApp LinkedIn X (Twitter) Facebook Instagram
    HR KathaHR Katha
    Home»Culture»ICICI Bank undergoes cultural shift, scraps employee grades and hierarchies
    Culture

    ICICI Bank undergoes cultural shift, scraps employee grades and hierarchies

    HRK News BureauBy HRK News BureauAugust 19, 2019Updated:August 19, 20192 Mins Read25551 Views
    Share LinkedIn Twitter Facebook
    Share
    LinkedIn Twitter Facebook

    A very positive cultural overhaul is taking place at ICICI Bank’s head office at Bandra Kurla Complex, Mumbai. Not only have cabins and grades been discarded, but automation and digitisation are being embraced in a big way.

    Henceforth, the group leaders will not be sitting within cabins, but amongst the team members. There will be some conference rooms available for employees’ use for discussions and meetings. Also, the dining room, which was once meant only for the senior executives has been thrown open to the entire workforce.

    Henceforth, no ranks above assistant general manager will exist. Grades other than that of the managing director and the executive directors have been discarded. By removing hierarchies the organisation aims to be more flexible and agile so that the speed of response to the marketplace is improved.

    Cabins and all other symbols reflective of grade have been done away with for good. For instance, difference in cars and cabin size, which were reflective of certain grades and the benefits they attracted, have been abolished, and many have been replaced with cash benefits.

    The employees who were till now used to being identified by their roles, such as division heads, will now be commonly referred to as the leadership team. The earlier practice of prefixing the designation with the grade, will be done away with.

    abolishing grades and symbols cabins hierarchies ICICI no cabins
    Share. LinkedIn Twitter Facebook
    HRK News Bureau

    Leave A Reply Cancel Reply

    sixteen + 5 =

    Related Posts

    How Urbanic India blends humanity with high performance

    April 21, 2025

    Ambika Sivadoss promoted to VP-HR, home care & head of talent, India, Unilever

    April 10, 2025

    Beyond the 70-hour workweek: Rethinking productivity

    December 20, 2024

    Srirang TK elevated to MD & CEO, ICICI Securities

    November 13, 2024
    EDITOR'S PICKS

    Red flags in job applications: What candidates miss but recruiters spot

    May 14, 2025

    Managing Gen Z in the workplace: Listening to what isn’t said

    May 13, 2025

    People-first approach: Not a nicety but a necessity

    May 13, 2025

    A Nordic food giant’s HR strategy balances culture & coherence

    May 13, 2025
    Latest Post

    No right to retrospective promotion without DPC initiation: J&K HC

    News May 14, 2025

    The High Court of Jammu & Kashmir and Ladakh has clarified that government employees cannot…

    Burberry plans to cut 1,700 jobs

    News May 14, 2025

    Luxury fashion house, Burberry is gearing to cut about 1,700 jobs globally as part of…

    Cancer-stricken employee fired after being denied remote work

    News May 14, 2025

    A disturbing account has emerged on Reddit detailing how a US health-insurance company allegedly mistreated…

    Burger King employee raises privacy concerns over personal camera in break room

    News May 14, 2025

    A Reddit post from an employee at a Burger King in Illinois has triggered fresh…

    Asia's No.1 HR Platform

    Facebook X (Twitter) Instagram LinkedIn WhatsApp Bluesky
    • Our Story
    • Partner with us
    • Career
    • Reach Us
    • Exclusive Features
    • Cover Story
    • Editorial
    • Dive into the Future of Work: Download HRForecast 2024 Now!
    © 2025 HRKatha.com
    • Disclaimer
    • Refunds & Cancellation Policy
    • Terms of Service

    Type above and press Enter to search. Press Esc to cancel.