admin The pandemic has once again shifted our focus on the need for dynamic talent and work models across industrial segments. From at-scale shift to remote working conditions to accelerated digitisation efforts and holistic resource allocation, the changes brought about by the Covid-19 pandemic has laid bare the crevices in the management and HR firewalls. While, with things settling down now and the return to a certain semblance of ‘normal’, enterprises have some breathing space. However, they cannot take this time to lay low and return to the same rigid structure. Instead, adoption of a more flexible and responsive management and HR structure is the need of the hour. This is where a reliable and potent HR consulting partner can make a difference.
Verch Consulting is one such name that’s been creating rippling waves of change in the end-to-end HR solutions and business development market. Since its inception in 2019, the company has catered to the recruitment needs of multinationals across the country, securing the enviable top market position. Focusing on middle and senior management talent needs, the company operates through domain-specific expert teams that customise solutions as per the client briefings. With its ingenious training, coaching, mentoring, consulting and entrepreneurship services, the Hyderabad-based firm is on a mission to become one of the top global HR consulting organisations by 2025.
The Ingenious Leader
Verch Consulting is led on its path of success under the auspices of a fearless, yet humble leader, Dr. Venugopal Rao, after his law graduation pursued his HR career and subsequently attained, MBA and PhD in HR. HR career provided Dr. Rao an opportunity to work closely with business problems and ascertain long-term solutions to these issues. This inspired him to embrace the role of an HR consultant many years ago. With over Two hand off decades of experience in the field of Business, Strategy and HR , Dr. Rao has worked extensively with well-known clients from the pharma and IT sectors.
We at Verch, believe in leveraging technical tools and our expert team’s proficiency to deliver quality services to clients without delays – Dr. Venugopal Rao Chikkala
The idea for Verch Consulting came to him in 2019., the firm was conceptualised as a consulting company that would provide tailored recruitment and business development solutions to its clients. The Verch team would be responsible for understanding the needs of the client – across industrial verticals- to then formulate recruitment solutions that best-fit them. Today, after three years of its inception, the firm stands strong as a leading name in the HR consulting sector with over 56 clients across all major industries. His dedicated approach to leading from the forefront, privileging a friendly and happy work environment has earned him several accolades. Dr. Rao was recognised as the CEO of the Year 2020 by the Indian Achiever Foundation and Most Promising Industry Leader 2021 by Business Mint.
Apart from a strong penchant for HR management, Dr. Rao has always nurtured a desire to foster his altruistic side. To this end, he has dedicated a fair share of his life in extending a hand of support to the needy. He has started several service-oriented programmes in collaboration with the Various Foundations to generate jobs for unemployed youths, take steps to protect the environment, promoting health and hygiene campaigns in the rural areas and supporting women-owned businesses.
End-to-End HR Solutions
As a comprehensive HR consultancy firm, Verch Consulting offers the following end-to-end solutions to its clients:
Recruitment and PRO – Verch has a team of experienced headhunters across the country to ensure the right recruitment for clients. The firm has successfully met the recruitment needs of clients across varied industry verticals like pharma, auto, power, infrastructure, engineering and IT,Media.
Staffing Solutions – The capable team of experts at Verch leverage its database of profiles, scout job sites and engage its headhunting network to find the right staffing solutions as per the client’s requirement.
Compliance Management – Setting up a business can be an arduous task, especially when it comes to handling various compliance regulations associated with operations. Verch Consulting takes care of these compliance issues – right from licences and renewals to returns filing and getting government approvals.
Corporate Training – Verch Consulting also provides corporate training services that help augment the existing skill sets of employees by building capabilities that optimise the human resource utilisation quotient. Personal Effectiveness, Time Management, Team Building, Communication Skills and Supervisory Development Programme are some of the training services included in this list.
Background Verification – Testing the authenticity of recruits is essential to ensure that you have a trust-worthy team. Verch Consulting checks and verifies the background of every new recruit to ensure that its clients can pursue their growth goals without worrying about such issues.
Payroll Management – Verch Consulting makes handling payroll problems easy with its end-to-end payroll services – infusing efficiency into the process by cutting down on processing times.
Apart from these main verticals, the company also specialises in HR Audits, Employee Branding, Succession Planning, HR Strategy Post M&A, HR & Business Alignment, Process Re-Engineering and several other sub-segments.
Carving Out a Market Niche
While most consultancies believe in following the footsteps of successful models, replicating what already exists, Verch Consulting is convinced of the need to chart out a unique and individual course of action. The consulting firm does not believe in instituting a cookie-cutter approach when it comes to HR solutions. Rather it focuses on thoroughly interrogating the needs of the client and then using its unique talent recognition methodology to identify the right talent given the client’s needs. This has helped the consultancy build careers as well as become a facilitator to the unbounded growth of its clients. This research-based approach has positioned the company in a unique market niche and allowed it to command a remarkable clientele during its short run.
R&D as the Life-Blood of Growth
Weathering the complexities of the current business environment with a static toolbox can lead a company to its peril. Settling for the present is detrimental to growth that fuels success. To this end, R&D efforts can help unearth what lies beyond by bringing to light new tech innovations, service improvements, strategic plans and a better overall management structure. Apart from fueling efficiency and cutting costs, R&D is equally essential for the growth of an enterprise. R&D efforts are considered as the life-blood of growth at Verch Consulting as they form the basis of everything – right from gaining valuable insights to fine-tuning their services- that helps to better serve clients. The R&D-based talent acquisition and recruitment process of the firm has helped it gain recognition in the market.
Building a Reliable Team: The Secret Sauce of Success
As per research, the productivity levels of employees are directly linked to their working conditions and the intrinsic value they derive from work operations. Being an HR end-to-end consultancy firm, Verch doesn’t just preach the gospel of idyllic work conditions but also implements it when it comes to its own team. Dr. Rao believes in creating a work environment that’s conducive to growth. He believes that the team can only contribute holistically, when they feel mentally stimulated and adequately challenged. For this, a certain degree of autonomy is also essential. The key here is to hire a talented group of personnel, keep them well-motivated, and then give them the autonomy to devise solutions to problems without any intervention. That’s the secret sauce to Verch’s unbound growth.
Navigating the Changing Landscape
The market dynamism we see today marks a phenomenon like no other. While stagnancy has been banished from the new normal, this change has also resulted in the need for more open growth strategies. Enterprises that achieve success in this changing landscape are ones that can embrace and navigate these changes.
Thus, Dr. Rao believes in the power of innovation. According to him, market relevance in a constantly evolving space can only be derived from innovative thinking. To this end, he ensures that the Verch team focuses on embracing the tenets of innovation and R&D efforts. With its two-prong approach of collating market trend insights and digitised strategies, Verch Consulting has successfully managed to navigate these unsteady waters while several peers have been washed away by the tide.
Crafting a Lasting Legacy
Since its inception in 2019, Verch Consulting has continued to grow from strength to strength, even when faced with adversities like the pandemic and economic slow-down. The boundless growth of the company has been recognised by various accolades including honours at the SME Awards by Business Mint (2021), honours at the Small Business Awards by Franchise India (2022), and most recently, the honour of being named ‘Company of the Year 2022’ for the Talent Acquisition segment at the Nationwide SME Awards.
In the days to come, Dr. Rao hopes to achieve it by focusing on certain key cornerstones. While he wants to preserve the strategic hiring essence of Verch Consulting, he also wants to scale up on building fruitful partnerships and instituting an apt marketing strategy. He believes that all this can only be successfully achieved if tools of digitisation are used ingeniously.
Advice for Budding Entrepreneurs
As an experienced industry leader, Dr. Rao has some ingenious advice for young entrepreneurs. Taking a leaf out of his own entrepreneurial journey, Dr. Rao reckons that starting a business takes patience, perseverance and a thirst for knowledge. If entrepreneurs have these key virtues, they are bound to taste success, no matter how big or small they start. Similarly, he also opines that success and failure are just different sides of the same coin and must thus, be treated as such. Dwelling for too long over either can prove an impediment in the journey of self-growth and improvement. For him, the path to success is no bed of roses. There will always be thorns on this journey and the true test of character comes in how one overcomes these obstacles to reach his true potential. Taking things one day at a time helps prevent the whole process feeling too overwhelming.
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