When you walk into the plush 1.6 lakh sq ft office of Cadence India at Noida,
you feel at home right away. This is the corporate headquarters, called the
Corporate Resource Center, of Cadence in India, which also has another facility
at Bangalore. A cafeteria connects the older building with the new one. All
major meals are complimentary and amenities, like a travel desk, doctor-on-call
and Les Concierges that provide basic day-to-day services for a fee, are
available in-house. The idea is to recreate a home in the office. That's
Cadence, a company that has been one of the most consistent performers on
employee satisfaction in our Best Employers Survey over the last three years.
Cadence came to India in 1987 when it acquired India's first EDA company,
Gateway Design Automation. Today Cadence India's team comprises around 550
people at Noida and another 50 at Bangalore. While India's contribution to
Cadence's overall revenue still remains modest at around 9%, the importance of
the Indian component is on the rise. Today, Cadence has around 160 chip design
clients, up 145 since 1998.
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"My development is in
my hands. The manager can only facilitate the talent development
process"
-Jaswinder Ahuja, corporate vice president and managing director,
Cadence India |
Hire, Train, Ramp up
EDA or Electronic Design Automation is a niche segment, so, people with
highly specialized skills work at Cadence. This is what makes this company
slightly different from most of the other participants in our Best Employers
Survey. Typically, India does not provide a readymade talent pool for the EDA
industry. So Cadence follows a simple model: hire, train and ramp up. Every new
employee goes through assimilation training for a day, followed by a day of
getting a synopsis of the EDA industry and the global picture. Each department
then provides a mandatory two-week induction training in technology. This apart,
there are several training programs, internal as well as sponsored, that are
conducted in collaboration with IIT, Delhi. There are technical training
programs designed to groom freshers. Some of the collaborative training programs
have been specially designed to help the EDA professional meet industry
requirements.
Sameer Wadhawan, director, HR, Cadence India, says, “We try to amend the
recruitment process in such a way as to create the right alignment between
technical competence and organizational competence.”
Self-Development Boost
Cadence has come up with an innovative initiative that encourages
self-development. While self-development is a critical component of career
development and growth, it is consciously preached and promoted at Cadence. Says
Jaswinder Ahuja, corporate vice president and managing director, Cadence India,
“My development is in my hands. The manager can only facilitate the talent
development process.”
Organizational Diagnostic Surveys help identify the developmental
requirements of the employees. Feedback is taken from about 20 parameters to
arrive at the areas that require nurturing at an organizational level. Various
task forces that exist in the organization formulate policies or special
initiatives to facilitate individual development.
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"We try to amend the
recruitment process to create the right alignment between technical
competence and organizational competence"
-Sameer Wadhawan, director, HR, Cadence India |
A culture of learning, where the line manager plays the role of a teacher,
also aids self-development. In addition, 70% of the training is with internal
faculty and each senior technical or executive manager is expected to share
experiences, teach and mentor others through knowledge sharing sessions. The
“TECCI” conference, Cadence India's internal technology conference is
another example of knowledge sharing. All employees, including the leadership
team, invest time in learning in the technical or management space.
Building Leaders
The leadership development program at Cadence is based on the belief that
not all quality engineers make quality managers. People may have the requisite
managerial traits but these traits need to be identified and cultivated. Says
Wadhawan, “The biggest challenge is to move a technologist to a managerial
role.” Today, more than 80% of the managers at Cadence come from within the
company. This is in keeping with the leadership culture followed at Cadence
worldwide.
It is a deep-rooted belief of the Cadence management that managers bred
in-house have a clear understanding of the leadership culture of the company.
Selective hiring at the managerial level does happen from outside but this is
done with the objective of bringing in fresh thinking and perspective. Ahuja
himself drives the Shared Learning Series, a leadership development initiative
on cross-geographic efficiency. A lateral hire at the managerial level undergoes
a manager induction program (MIP) that provides an orientation to understand the
culture of the organization with the help of several modules.
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What Makes Cadence a
Best Employer?
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Open and
communicative environment to realize individual potential and
aspirations to achieve execution excellence
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Learning culture
that promotes a leader as a teacher and not just a manager
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Leadership
development program that focuses on developing leaders internally.
Selective hiring in order to bring in fresh thinking and
perspective
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Self-development
plan for career development with managers and HR playing an enabling
role
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Different strokes
for different folks that promotes maximum employee engagement through
community development programs as well as self-development
initiatives.
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Compensation and Beyond
Cadence is one of the best paymasters in the industry, but that's typical
of specialized players. Says Ahuja, “We operate in a niche domain and our
compensation is median in the peer group.” Today compensation is nothing but a
hygiene factor and the industry unanimously acknowledges this fact. Compensation
is a necessary component of satisfaction but not the only one. As Wadhawan says,
“You cannot hold back people just because you happen to be one of the best
paymasters.”
Compensation is no longer the most important differentiator. In fact, most
hygiene factors have become an accepted prerequisite in the IT industry. Says
Wadhawan, “The industry has reached a threshold with respect to hygiene
factors. You have to give more than just hygiene to retain the best talent.”
So, apart from leadership development programs, career development
initiatives, learning and self-development programs, the Cadence management
works consciously to make employee contribution more visible. There is heavy
focus on the quality of work that happens at the India facility. Employees are
encouraged to file patents, write papers and create a sense of ownership. While
Indians are still not particularly conscious about creating their own IP,
employees are constantly educated to build awareness on the importance of
patents.
Employee involvement in various socio-economic causes is also encouraged. For
example, MACS (Make a Child Smile) is an initiative where personal computers are
set up in slums that Cadence employees help support.
Then there are special interest clubs that promote and encourage hobbies
like photography, trekking, music and dance. Salsa classes have also been
started on a weekly basis. The idea is to involve employees in self- and
community-development programs.
Says Wadhawan, “We try aligning our HR in such a manner as to understand
what provides the maximum kick to the employee and try to use these leanings in
our processes and initiatives.” To sum up, it's a culture of care for the
employee at Cadence.
Bhaswati Chakravorty
bhaswatic@cybermedia.co.in