talent management complite

8/3/2019 Talent Management Complite

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CONTEMPRARY ISSUE PRESENTATIONON

TALENT MANAGEMENT :A TOOLS OF COMPETITIVE ADVANTAGES

PRESENTED BY-

DOULAT RAM GUIDANCE BY-

SHAURYA RANWAT

PACIFIC BUSINESS SCHOOLUDAIPUR


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INTRODUCTION:

WHAT IS TALENT?

Talent is an attitude of high mental and artistic abilitywith special aptitude which creates value in anorganization needs to success.

WHAT IS TALENT MANAGEMENT?

Talent Management means nurturing and developingthose people identified as having ability and potentialand it should form part of any organizationsrecruitments and retention strategy.


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OBJECTIVE

How Talent Management can generatecompetitive advantages to the

organization.


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NEEDS AND IMPORTANCE OF

TALENT MANAGEMENT

Rapid Product introductions Improved service delivery

Increased innovation Lower production cost Increased on time, on budgets projects

Higher customer satisfaction Sustained organizational improvement


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HOW EFFECTIVE IS TALENT

MANAGEMENT

Recognisation of the strategic importance ofTalent Management from top.

Talent Management that is based on acomprehensive human capital strategy bybusiness strategy.

A researching strategy that is based on clearunderstanding of critical skill needs and gapes.

The ability to attract and retain diversity in theworkforce.


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TALENT MANAGEMENT PROCESS


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WHAT ARE THE CHALLENGES THATTOP MANAGEMENT FACE IN

MANAGING TALENT

Recruit and retention to Talent.

Clarity in communication role andresponsibility.

Having ill structured compensationpackets.


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WHAT NEEDS TO BE DONE

Develop employee profile.

Formulation of aggressive developmentstrategies.

Developing employee value proposition.


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Current State in T.C.S

Total Employees: 111,407

Lowest Attrition in the Industry :12.6% LTM (including BPO)

Gross Addition in FY09: 30,000 to35,000


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CONCLUSION

Organizations must have meaningful descriptions of thecapabilities (skills, behaviors ability and knowledge)required through out the organization.

Talent Management process must create acomprehensive profile of their talent they must be ableto meaningful talent related information about all of thepeople employees contracts or candidates.

The organization identify the crucial talent initiative toattract and retain employee and they should know whichelements can have greatest impact on the business andtherefore provide a better basis for prioritization and

implementation.

talent management complite

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