AI Magazine Issue 3 2017

20 Acquisition International - March 2017 Best of the Best in HR & Training - USA award winner OSI Systems, Inc. is a vertically integrated designer and manufacturer of specialised electronic systems and components for critical applications. e sell our products and provide related services in diversified markets, including homeland security, healthcare, defense, and aerospace. As a global company, we are dedicated to creating and developing solutions for our customers and the people they serve to lead the way to a safer and healthier world. OSI Systems became incorporated in 1987 and is headquarter in Hawthorne CA. It is an honour to receive the Best of the Best in HR & Training – USA award and to be recognised among our peers by Acquisition International for our commitment to excellence in the management of human resources and training. This award is recognition of the combined effort of the human resource team to effectively support and achieves the growth initiatives of the company and reminds us to continuously strive for excellence as individuals and as an organisation. During the past year, we have continued to focus on improving our ability to deliver, track and report training initiatives necessary to meet customer requirements and ensure critical certification are met. In addition, we further refined our employee branding strategy and outreach programs to attract the necessary talent to support our growth initiatives. More specifically we launched a new campaign focused on attracting military veterans, to give employment opportunities to veterans who have given so much for our country. We have also taken important steps to refine our M&A processes and actions to improve the integration of acquired companies into OSI Systems – process improvement in M&A is critical to ensure business continuity and meeting customer needs. What sets us apart from others The human resource strategy consists of a clearly stated mission focused on three critical elements. Firstly, our main initiative is to provide business solutions to support the company’s growth and support customers. Secondly, we own and are responsible for the execution of all people processes and we need to ensure that the right resources are utilised to successfully execute those processes. Finally, the human resources team are committed to providing service excellence – ensuring our Company: OSI Systems, Inc. Name: Rick Merritt Email: [email protected] Web: www.osi-systems.com Address: 12525 Chadron Ave., Hawthorne CA 90250 Phone: +1 310-349-2371 A Dynamic and Dedicated Team W customers have a positive experience. Clarity of purpose is a critical factor in creating alignment and focus on the actions to be taken to meet the needs of the company. How the business is succeeding The human resource team has been instrumental in OSI Systems ability to attract, develop, and retain key talent necessary to compete in each of its diverse markets. In addition, the human resource team plays and important role in the company global growth initiatives through acquisition by effectively integrating necessary human resource functions and processes and drive cultural integration of new businesses to achieve its key objectives. The team and their role We have a dynamic and dedicated team of human resource professionals that have the necessary knowledge, skills, and abilities to deliver products and services in line with our mission. To effectively support 5,847 employees worldwide the human resource team provides centralised functionality for core business processes to ensure consistency across the company and utilises HR business partners within each division to ensure that the human resource strategy and actions are aligned to key business objectives. Hopes and plans for 2017 and beyond In 2017, the human resource team is focused on improving two key functions, 1) its core data management capabilities by implementing a new global human resource information system (HRIS) which will streamline several of our core administrative processes, and 2) enhance our management development processes to improve our ability to manage our bench strength and succession management processes. Both initiatives are important to our ability to provide the right talent to solve business challenges and effectively execute basic administrative processes. Challenges for the human resource team will be our ability to continually be strategically driven and administratively flawless. We will need to embrace information technology solutions to deliver the necessary information to employees, managers and the company to perform the actions to win in the market. We must be aligned with key company initiatives, providing real business solutions vs. the program of the month. We are excited about the challenges ahead because the team believes it can make a difference in the ability to support business growth and meet our customer’s needs. A Dynamic and Dedicated Team 1701AI54