TALENT ENGAGEMENT Presentation at Amity Business School - Corporate meet 2012

Description
CORPORATE MEET 2012 ON TALENT ENGAGEMENT at AMITY B-school

Amity Global Business School Mumbai
Presents

CORPORATE MEET 2012 ON TALENT ENGAGEMENT

TALENT ACQUISITION

Amity Global Business School,Mumbai

TEAM MEMBERS
Bhumika Uniyal

Vineet Nankani
Karan Desai

Namitha Mathew

Amity Global Business School,Mumbai

TALENT

T

houghtfully

aligned to

l

ead the team for

e

xcellence and

n

urture to grow

t

ogether

Amity Global Business School,Mumbai

ACQUISITION
A C Q U I S I T I O N
• ATTITUDE • COMPETENCIES • QUEST • UNIQUENESS • INTEGRITY

• SENSITIVITY
• INNOVATION • TRUST • INTELLIGENCE • ORGANIZED

• NEWNESS
Amity Global Business School,Mumbai

TALENT ACQUISITION

“A strategic approach to identifying, attracting and on-boarding top talent to efficiently and effectively meet dynamic business needs.”
Amity Global Business School,Mumbai

TALENT ACQUISITION PROCESS
Job Profile Choose Interview Team Resume Screen Interest Screen

Decision Making Process

Data Integration

Behavioral Based Interviews

Selection Assessments

Reference Check

Job Offer

On-Boarding

Amity Global Business School,Mumbai

ASSESSMENT CRITERIA
BEHAVIORAL TECHNICAL

CRITERIA

PERSONALITY

KNOWLEDGE

Amity Global Business School,Mumbai

TALENT ACQUISITION MODEL
Work
Organization
VALUE PROPOSITION

Opportunity

People

Rewards

Amity Global Business School,Mumbai

TALENT ACQUISITION STRATEGIES
• • • • • • • Social Media Corporate Responsibility and Going Green Employment Branding Search Engine Optimization Workforce Planning Holistic Talent Management Multi-Avenue Talent Sourcing
Amity Global Business School,Mumbai

MEASURES OF SUCCESS
• Quality of Candidates • Process Effectiveness • New Hire Retention Rate

• Performance Ratings

Amity Global Business School,Mumbai

Professional Approach, Quick Turnaround, Realistic, Thorough, Well written Resume, High performance, Retention

WISH LIST

Transparency, Professional Approach, Compensation Policy, Learning, Growth, Work Life Integration

Amity Global Business School,Mumbai

Amity Global Business School,Mumbai

Amity Global Business School Mumbai
Presents

CORPORATE MEET - 2012 ON TALENT ENGAGEMENT

TALENT DEVELOPMENT

Amity Global Business School,Mumbai

TEAM
Tasneem Taj Sherin Jacob

Prakash Singh

Amity Global Business School,Mumbai

“Everybody has talent; it's just a matter of moving around until you've discovered what it is.”

George Lucas

Amity Global Business School,Mumbai

TALENT

I

N
DEVELOPMENT

R

Amity Global Business School,Mumbai

FEW ESSENTIALS
Develop a common organizational language for talking about talent

Focus on the sweet spot

Don’t undervalue experience and history

Amity Global Business School,Mumbai

CAREER
LADDER CLIMBING WALL

Amity Global Business School,Mumbai

EMPLOYEE DEVELOPMENT METHODS
Generic training
Cross-functional training Leadership training

Coaching & mentoring
Formal succession planning Job rotation
Amity Global Business School,Mumbai

DEVELOPMENT PROCESS TECHNIQUES

Motivational techniques

Job experience

Skill enhancement

MOTIVATIONAL TECHNIQUES

Assessment

Appraisal

Amity Global Business School,Mumbai

JOB EXPERIENCE

Job rotation

Project assignments

Cross functional training

Amity Global Business School,Mumbai

SKILL ENHANCEMENT
• Education programmes
• Seminars and workshops • Training

Amity Global Business School,Mumbai

EVALUATION

Why? Effectiveness? Processes!
Amity Global Business School,Mumbai

KEY APPROACHES
Feedback Self assessment Focused Grouped Discussion Encourage smart goal
Amity Global Business School,Mumbai

“One of the greatest talent is recognizing talent in others & giving them the forum to shine.” Tory Burch

Amity Global Business School,Mumbai

Amity Global Business School, Mumbai

Amity Global Business School Mumbai
Presents

CORPORATE MEET 2012 ON TALENT ENGAGEMENT

TALENT RETENTION

Amity Global Business School,Mumbai

TEAM MEMBERS
AVNEET CHADHA

PRAMOD RAM
SIDDHARTH SHAH JESTY JOSE

TALENT RETENSION

ATTRITION ACROSS SECTORS
• • • • • • • • IT Sector Telecom Banking and Financial Services Aviation and Hospitality Real Estate BPO FMCG Automobile and Manufacturing

Amity Global Business School,Mumbai

REASONS FOR ATTRITION
• Growth • Employee v/s Organization expectation • Downsizing • Employee Errors • External Factors

Amity Global Business School,Mumbai

WHY IS RETENTION CRITICAL ?
High employee turnover

Reduced productivity

Loss of business and customers

Loss of goodwill and trust

Amity Global Business School,Mumbai

RETENTION PROCESS
Understanding needs of the employee

Turnover analysis

Developing retention & turnover strategy

Implementation of the strategy
Amity Global Business School,Mumbai

MANAGERS ROLE IN EMPLOYEE RETENTION
• Can help retain talent by – Effective leadership – Team building – Proper division of work • Control most frequent reasons for departure • Dependence on ‘‘doers’’
Amity Global Business School,Mumbai

STRATEGIES FOR RETENTION
ANALYZING ORGANIZATION CLIMATE
RECOGNIZING & REWARDING PERFORMANCE

INTEGRATED RETENTION SYSTEM

DESIGNING STIMULATIING WORK

COMPETENCY BUILDING & CAREER DEVELOPMENT

SENIOR LEADERSHIP TRAINNING

Amity Global Business School,Mumbai

“If you pick the right people and give them the opportunity to spread their wings and put compensation as a carrier behind it then you almost don’t have to manage them” Jack Welch
Amity Global Business School,Mumbai

THANK YOU

Amity Global Business School,Mumbai

Amity Global Business School Mumbai
Presents

CORPORATE MEET - 2012 ON TALENT ENGAGEMENT



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