Acknowledged for providing excellent consulting services and interventions across all facets of Human Resources, Inqubex People Solutions LLP made a promising beginning in 2009 with the explicit intent of providing clients with high-quality, efficient and implementable consulting services and cloud-based analytics around organization structuring, talent management and employee engagement.
Inqubex's efforts and unique approach have helped the business reach new heights in offering the best Human Resource solutions globally. The methodologies behind the Inqubex solutions are supported by research, and they are effectively executed with excellent project management.
Inqubex now has offices in Delhi NCR and Mumbai, and it is working to open one in Bengaluru. The business launched operations in the Middle East last year under the inQsights brand, operating out of the UAE.
The Inqubex team comprises graduates from prestigious universities like XLRI, IIM Calcutta, TISS, and MDI, among others. They have experience working with major corporations to deliver solutions in internal HR and consultancy roles.
Inqubex's fundamental capability is in providing a great customer experience, delivering projects with agility, advising with authenticity, and an internal culture driven by a fun spirit.
Inqubex has serviced over 150 clients across geographies like India, MENA, APAC and Europe. The most significant success of Inqubex is that almost 75% of its business is repeat business from satisfied clients, and over a third of its clients have worked with it for > 5 years.
Nitin Dheer is the Founder and Lead Consultant at Inqubex & inQsights. He comes with over 24 years of core HR and advisory experience. A graduate from XLRI Jamshedpur, Nitin has worked in the past with leading consulting organisations in India, the UK and the Middle East and HR operations experience with leading Services and FMCG organisations in India
o Capgemini PLC (UK)
o Mercer Consulting (India and the Middle East)
o Andersen India
o ITC Ltd. India
Nitin is an expert in organisational design, performance and talent management, competency-based applications, change management and strategic HR advisory across industries.
He is a published author and frequently contributes to thought leadership publications.
Nitin began his entrepreneurial journey after working for global corporations in consumer & consulting industries. His goal while starting Inqubex was to build a consulting firm that was agile and presented deep expertise in an implementable way to clients. In the last 13 years of success with Inqubex - inQsights, many of these objectives have been met.
Inqubex was set up to deliver a different experience to clients – with credible, pedigreed consultants, a professional ethos that isn’t over “commercially inclined”, and an overarching focus on customer delight and ground-level success of solutions. Below is the list of issues Inqubex helps organizations resolve –
● Organizing your company structure & teams to enable them to grow in line with the business's growth strategy
● Identifying high-potential employees (HiPO)for leadership positions and facilitating personalised development paths
● Defining the success measures, skills and competencies which lead to a good performance across all levels and functions
● Helping legacy organisations identify pockets of under-productivity and reorganize their workforce
● Measuring employee satisfaction and figuring out what motivates teams and keeps them engaged
● Helping organisations to align their HR Strategy, processes & policies in line with good market practices
Inqubex’s journey has been fulfilling on many counts.
- Having the ability to serve clients with no consideration other than for what is best for them
- Being regarded as a reliable partner and advisor by clients at all phases of growth, with some associations lasting more than ten years
- Having serviced a large number of non-profits (often a less lucrative market for consultants)
- Having the ability to run a self-funded boutique business and achieve scale
- Having the flexibility and adoption of technology to stay innovative and current
- Being profitable from inception
The group has succeeded while operating within the constraints of a self-funded enterprise. At times Inqubex could have provided the team with better infrastructure and more formal developmental support. Overall, though, the advantages significantly outweigh the drawbacks.
Through this 13+ year journey, what has remained constant across clients and projects, has been a high degree of sensitivity to each organisation's cultural and operational needs and the focus on customised solutions and delivery efficiency. This proposition was the starting point of the Inqubex journey and continues to differentiate it from its competitors.
They see the future of HR Advisory as a set of tech-enabled solutions delivered by best-in-class advisors. They strongly believe in the power of technology but also recognise the irreplaceable (at least in the foreseeable future) role to be played by competent HR practitioners in solving talent and organisational challenges.
In line with this, they hope to evolve into a strong HR tech player with a consulting and advisory backbone in the coming 3-4 years.
Inqubex has embarked on this journey through developing cloud-based analytic solutions and tools to help make our advisory services more data/ measurement-based and scalable.
Young businesspeople should initially concentrate on business essentials, including strengthening the core offering, customer service/ value creation, depth & alignment of the core team, and profitability, suggests Nitin. Once these are established, everything else (i.e.investor interest) will follow.
Secondly, many people who shudder at starting their own business should know that the risk-reward ratio is excellent if you base your business on depth of knowledge/skill or innovation. But if you only follow trends, things might not always work out as well as seem to of social media.