The Summit aimed to start a dialogue among Senior
HR professionals, Industry Leaders and Stakeholders of today’s dynamic
organizations on current HR issues and also provided an opportunity to
understand the relatively new concept of talent acquisition and various issues
related to it.Here is a summary of the speakers and their views.
Kanchana Manyam
AdditionalGeneral Manager - Human Resources at Shapoorji Pallonji
& Co. Ltd.
Ms. Kanchana underlined the four trends in talent
acquisition namely employment trends, recruitment trends, selection challenge
and role of recruitment. She mentioned that apart from IT and ITeS sector,
sectors like Pharma (17%), Real Estate and Construction (13%) etc are
experiencing double digit growth. As a result, there is a pressing need for
redefining the source of talent pool and employability.
She also touched up on the fact
that with the advent of technology, recruitment process has become a scalable
process
Dilep Misra
President &
Head Group HR at JK Group
Mr. Dilep, Head, Group Human resource has worked as
HR Head of various companies and has exposure to HR practices of most business
verticals. He is an XIMB (PGDM (HR)) alumnus of batch of 1993-1995.
He during his course of discussion highlighted the
fact that his organization paid due emphasis on retaining employees and that is
the reason; the attrition rate of their company is in single digit. He further
said that his organization adopted CCl model and practiced job rotation of
employees to improve their efficiency.
On further elaborating about the recruitment
policies of his company he said that they hire people at top level through
social media like twitter and LinkedIn whereas for the frontline job they go
for direct recruitment.
Saurabh Nigam
Vice President — HR,
IT & Admin
Mr. Saurabh Nigam spoke on attracting and retaining
the Gen Y – The new age employee.The Gen Y is characterized by their self direction
and put more weight age on non-financial incentives than financial incentives.He emphasized on nurturing a corporate culture,
creating challenging work environment, provide job flexibility and building
recognition and intrapreneurship programs. Gen Y being ambitious and outgoing,
look for freedom, explicit career path and clear roadmap to success.
Bijay Sahoo
President - H R,
Retail & 4G Infotel at Reliance Industries ltd
Mr. Bijay Sahoo gave valuable insights on the
strategies and challenges faced by him during his 23 years of work experience
in HR strategies, processes, technology, change management and leadership
development across sectors.
He opined that colleges provide the pool of talent
that can be groomed for taking future leadership role. He pointed that the
importance of recruiting through employee referral, social media et al and how
the technology has changed over time, starting from the job portals in 1990’s
to social media in 2006-07 and now the mobile platform applications. He talked
about HR Kalpavriksha that entails all aspects of Talent management like Planning,
Recruiting, Training, Retaining, Sustaining etc.
“Intelligence + Humility=Successful
Individual”
Anish Singh HR
Director,
Reckitt Benckiser
Mr. Anish Singh has over 13 years of experience in
HR and has worked in reputed organizations like HUL, ITC, ICICI Prudential,
Essar.
He emphasized that there is no war for talent;
talent has already won this war. He observed that in today’s scenario employer
branding is very important and it plays a very vital role in attracting the
right talent. He highlighted some facts about his company mainly that his
company is in touch with Gen Y and is a global company with global mindset.
He also observed that poaching of talent does not
help any organization in the long run. In his organization they put a lot of
importance on ‘diversity’, in terms of gender, nationality, and region.
Conclusion
Talent acquisition takes a long term view of not
only filling positions of today, but also identifying talent for future
openings. Talent acquisition professionals need to be skilled not only in
sourcing tactics, candidate assessment, compliance and hiring standards, but
also in employment branding practices. Also, talent retention (an important
aspect of talent acquisition) assumes importance to build a succession model in
place.
In an emerging market like ours, where labor
capital is fast moving, talent acquisition and retention seems to be one of the
biggest problems that plague the country today so talent acquisition is not
just a fancy term, it is here to stay in this 21st century.