Talent Management In India: Challenges and Opportunities

Talent management refers to the process of integrating new workers, developing and retaining current workers and attracting highly skilled personnel to work for your company. It is indispensable for survival and sustainable development of any business organisation. Neglect of talent management is suicidal for the organisation particularly in the current business scenario of high competition. Opportunities to hire qualified and talented employees abound in India due to expansion of higher education and coming up of a large number of institutes promoting professional courses in various streams. But, it is important to train the employees and place them according to their suitability, aptitude and interest, so that the ill consequences of putting a square peg in a round hole—which leads to distortion in the organisational structure and low productivity—could be avoided. The presence of talented people having commitment, will power and team spirit motivates other employees and brings a positive impact on the performance and growth of the organisation. Their effectiveness lies in their dedication, influencing the work culture of the organisation, resulting into a strong brand name for company’s products. The organisation should, therefore, follow a holistic approach for talent management, right from selection of employees, to their retention, development and promotion to higher levels. The book Talent Management in India: Challenges and Opportunities covers various aspects of talent management such as talent management practices, challenges and opportunities, developing talent for nation building, retaining talent through organisation culture, hunting and developing talent, acquisition of talents, etc. It also deals with the talent recognition, attraction, selection and retention. The book will be useful to the students and teachers of Human Resource Management, professionals and business executives.