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Talent Management – A brief perspective. 27 th Feb , 2012. Understanding the basics. The basics of every talent management process Ability to explain to a person what he/ she needs to do Ability to make him / her collaborate Ability to show a clear career path

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Presentation Transcript
understanding the basics
Understanding the basics ...
  • The basics of every talent management process
    • Ability to explain to a person what he/ she needs to do
    • Ability to make him / her collaborate
    • Ability to show a clear career path
    • Ability to encourage them to engage better
challenges during a downturn
Challenges during a downturn ...
  • During the business recession, the entire focus shits to protecting the current assets and market position
  • The employee morale is low
  • Lack of focus on training and development as there is a larger drive to relook and rationalize manpower and training & development costs
  • Investing time in developing the leadership bench becomes difficult the market pressures of lower margins and realizations
challenges during an upturn
Challenges during an upturn...
  • During the business boom, the imminent reality is that critical role holders have multiple options at the market place
  • Attrition across various levels
  • Lack of focus on training and development as customer acquisition and order fulfillment take priority to developmental initiatives
  • Investing time in developing the leadership bench becomes difficult due to imminent business growth
the indian scenario
The Indian Scenario...

Source: ‘Winning the race for talent in emerging markets’;

Harvard business review 2008

what the pundits say
What the pundits say...

IBM Global Human Capital Study

the future trends and challenges
The future trends and challenges ...
  • Leadership and succession planning
    • Competency management
    • Ability to delegate
  • Intense hiring competition – the global resource pool
  • Retention issues will increase dramatically
  • Remote working model – quantum change
  • Analytics and new metrics
    • Backward looking to forward looking
  • Moving from the use of social media to mobile platforms
    • 2011 – year of the social media – 2012 – mobile platforms
take aways for entrepreneurs
Take-aways for entrepreneurs ...
  • Ask the right questions
    • Attrition Vs Critical roles
  • Leadership – You ability to grow rests in your ability to delegate and create a flourishing leadership bench
  • Constantly engage with your employees
    • Town hall
    • Undercover CEO
  • Do not worry about attrition – it is here to stay