People Matters

The Future of Talent Management

By Ester Martinez, Managing Editor

Feb 15th 2011

When CEOs lose sleep upon the resignation of a couple of high performing mid-level managers, then one realizes how important talent has become for the success of today’s organization. Talent is today at the center of business success and increasingly so. The challenges ahead are many - talent is in short supply, talent is becoming expensive, talent looks and thinks different from ever before and the equation between employer and employee has been changing much faster than the organizatio... Read more »

Cover Story: The Future of Talent Management

By Gautam Ghosh & Ester Martinez

Feb 15th 2011

According to a survey conducted in 2000, Bill Gates was among a small percentage (only 11%) of Fortune 500 CEOs who spent more than 50 per cent of their time on recruiting. 73% believed they should be spending only 10-20 per cent of their time on recruitment. 16% said 35 per cent of their time was enough, while 11% of CEOs said 50 per cent was the right amount.In 2006, Unilever outsourced most of its HR services across the world to Accenture. As part of the agreement, Accenture will provide re... Read more »

Cover Story: Transform for talent optimization

By N.S. Rajan

Feb 15th 2011

Increasing business complexity and the India growth story of has steered companies to realize the new essence of talent management as a revenue generating function, where organizations revisiting talent management techniques to ensure workplace productivity does not suffer.The past couple of years have seen various macro changes in India affecting the talent management space, and giving rise to new trends in the ‘talent management practices’ that companies are imbibing. India needs... Read more »

Cover Story Interview: Tiger Tyagarajan

Feb 15th 2011

Managing global talent is becoming critical - 'Tiger' Tyagarajan, Chief Operating Officer, GenpactWhat are the Key Trends you see in the Talent Management space today?India Inc. is going through a phenomenal transformation in terms of its business and the way that talent is managed. This is true today not only for the IT/ITES industry but across sectors. Business Leaders are trying to solve a different set of challenges today and that has immense implication on their companies’ tale... Read more »

Cover Story Interview: Dr. Santrupt B Misra

Feb 15th 2011

Talent is a set of life experiences - Dr. Santrupt B. Misra, CEO, Carbon Black Business & Director, Group H.R. Aditya Birla GroupWhat are the new key trends in Talent Management?There are few trends emerging in most organizations in India that are redefining talent management. Firstly, talent management has ceased to be a monopoly of the HR team, and moved up, not only to Chief Executive level but also to the Board of Directors level. Secondly, talent and leadership development, which are ... Read more »

Cover Story Interview: Dr. Sripada Chandrasekhar

Feb 15th 2011

Talent management is an approach and not a function - Dr. Sripada Chandrasekhar, Vice President & Head - HR, India/South Asia, IBMWhy is Talent Management so important today?The obvious reason is of course the shortage of talent, both at skills level and at a fitment level. Talent Management becomes business crucial when you need to find the right person for the right role and that is in short supply. The more subtle part of the increasing importance of talent management is to drive econ... Read more »

Cover Story Interview: Sanjay Modi

Feb 15th 2011

 30 to 40% of the CEO’s time will go in people-related issues - Sanjay Modi, MD (India/Middle East/South Asia), Monster.comWhat are the key trends you see arising in the Talent Management space?Firstly, technology will play a very important role in integrating the different platforms related to talent management and that will become crucial for companies to optimize their investments in people; technology will take recruitment inputs, performance management inputs, training & de... Read more »

Cover Story Interview: Nishchae Suri

Feb 15th 2011

The war for talent is back & with a bang - Nishchae Suri, Managing Director, MercerIndia continues to show great promise for growth. It is the new reality and is here to stay. Organizations are placing their bets of high growth (in general ranging from 20-30%) involving capturing market share, creating new customer bases and focusing sharply on customer retention. From a macro-economic point of view, India is also experiencing high levels of inflation. Rising interest rates as a measure to... Read more »

Cover Story Interview: Sonali Roychowdhury

Feb 15th 2011

Talent management today is as much a social process - Sonali Roychowdhury, Head - HR, Procter & GambleWhat are the key trends for Talent Management that you see today?In the current scenario and increasingly becoming stronger there are three major trends that I see shaping the talent management space: one is the overall talent management approach moving away from the traditional “checking the box” approach of competencies to more a social process, second is the increasing impor... Read more »

Cover Story Interview: Ganesh Natarajan

Feb 15th 2011

 The new way of managing talent needs commitment from the top - Ganesh Natarajan, CEO, ZensarFrom your point of view, what has changed in the talent management space?The primary change has been driven by the expectation from the employee side. Traditionally people who joined the workplace were looking for a job, today that is not the case people are looking for much more than a job. They are looking for engagement, challenges, growth; this is true not only in IT/ITE but across the bo... Read more »