CEO’s speech on the retirement of Harry
It seems like only yesterday that Harry became an Assistant Vice President (AVP). Before he became AVP, he had slogged for several years as a Senior Manager and impressed one and all with his commitment and capability which is how he was promoted to AVP.
After earning your way through to the position of an AVP, some people tend to slacken and take it easy, preferring to enjoy the fruits of the hard work in the years gone by. But not Harry. He continued to work with the same commitment and zeal, resulting in a sterling career path which can be held up as an example to many.
From an Assistant Vice President he became an Associate VP (AVP) the very next year.
He continued to grow. Growth to the levels of Senior AVP (SAVP) and Corporate AVP (CAVP) happened in quick succession, in successive assessment cycles.
A year later, he was promoted yet again. This time to the role of a Global AVP.
Thereafter, thanks in part to his efforts during the buyout of a competitor, he was made an Executive AVP (EAVP), the only one so far to have got that position.
He has kept the company on its toes. He has kept performing and we have kept up by in creating new designations to reward him. His growth is an example of what is possible for the right person in this company. He has risen five times in the last five years. Can you hope to get this kind of growth with any other company ? The answer, clearly, is a resounding NO.
In the earlier, unenlightened days of the company, he would have gone from AVP to VP in a matter of three years, a single promotion in three years. In today’s enlightened company, after becoming AVP, he has already been promoted five times, and he could still have aspired for the VP position were he not retiring.
Today, as he retires, he has been instrumental in charting out an entirely new career path not only for himself, but also for many others who follow. I am pleased to announce that the designations introduced in the last five years (keeping time with Harry’s progress) for the growth of AVPs, will henceforth be applicable to all the levels below that.
Hence, a Senior Manager, who would have become an AVP in his next promotion, will now become a Senior Senior Manager (SSM). After becoming an SSM, his next promotion will be to the level of a Corporate Senior Manager (CSM). This will be followed by Executive Senior Manager and Global Senior Manager (GSM). As things stand, if you become a GSM, the next promotion may take you to the level of an AVP. Though there could well be more promotion opportunities introduced between GSM and AVP before anyone gets to the GSM level.
You will never get to say that promotions in our company do not happen fast and enough. I challenge you to compare with any company in the industry. I am sure the promotion opportunities available here cannot be matched by anyone in the industry.
I wish Harry happiness and success in his retired life.
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