Talent Management in India: Challenges and Opportunities
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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.
Masood Hasan has long experience of forty-two years in teaching and research, both in India and abroad, serving in Department of Business Economics, in various universities, namely University of Delhi; AMU, Aligarh; Goa University; University of Maiduguri and Bayero University, Kano, in Nigeria. He was Fulbright postdoctoral fellow at University of California, Los Angeles, USA during 1976-77. He has a brilliant academic career all along. He has written two books and one monograph in the field of international trade and finance. Besides, he has contributed numerous articles in reputed journals. Presently, he is serving as Director, GLA, Institute of Business Management, Mathura, affiliated with U.P. Technical University. Anil Kumar Singh, Reader in Strategic Management at GLA Group of Institutions, has a rich blend of experience spanning nearly two decades in industry and academia. His practical exposure with varied industries like pharmaceutical, packaging and consultancy, coupled with exposure at various seats of higher learning, has developed in him a unique insight in areas of management and governance. He has presented papers in several conferences and seminars. He has contributed a number of papers to magazines and journals of repute. Somesh Dhamija is a renowned academician. He is a well-known Human Resource Management expert and has conducted various Management Development Programmes and training sessions in India and abroad. He has presented research papers at national and international conferences. He has organised a series of international conferences and conducted training sessions for various organisations like Employees’ Provident Fund Organisation, Ministry of Labour, Govt. of India. He has also contributed regularly to several management journals and newsletters.
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