At a time when employers in India are struggling to find suitable candidates against vacant positions, HR experts are betting on internal talent management tools such as cross-functional promotions that help in resolving manpower crisis in any organisation. Experts believe that cross-functional promotion of internal talent is very critical for any firm as this approach enables well-rounded development of employees. Cross-functional promotions allow people within a company to apply for vacant positions in different functional areas such as engineering, sales, marketing and HR. Companies like PepsiCo, Sapient, Pitney Bowes have active cross-functional development program.
Read the Economic Times news report here.