Managing Talent Case Study

1427 Words6 Pages
Managing talent has emerged as one of the greatest problems faced by MNC’s in India.

Using three examples from industry, illustrate how organizations are managing talent in their organization?

In one of the interview by Mark Zuckerberg reveals his thought on talent “Hiring for talent is more relevant than hiring for experience.” He also mentioned Less-experienced new hires may be willing to take more risks and have more potential than people with good amount of experience while joining. Let us first understand what Talent Management is in an unsophisticated way before we discuss complexity of this word.
Every organization set their respective strategies and operational goals and objectives. To fulfill these objectives, goal and strategies
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We often talk about human resource when discussing talent management. Human resource indeed plays a very important role and up to an extend talent management fits under HR agenda. The major reason can be because HR prime role is to attract recruitment, retain, promote and develop the resource in the organization.
Many books have been introduced, many research have been conducted to understand the key factor impacting talent in the organization. The War for Talent by McKinsey written in 2001 has done a lot in answering few difficult questions and so do a research of Richard Florida who is founder and director of the Software Industry Centre at Pittsburgh's Carnegie Mellon University. The War for Talent was written after lot of intensive case studies and surveying 13,000 executives at more than 120 companies. Therefore, came up with five key elements which would be helpful to win the war of managing managerial talent which includes EVP employee value proposition, build a long term recruiting strategy, investing in talent pool, etc. whereas, Richard Florida’s research talks about loyalty, salary and career opportunity in today’s temporary, insecure and mobile world. In my opinion, it’s about how you create a community of potential employees in your organization as successfully followed by Rusty Rueff, a senior vice president of HR at Electronic Arts who used internet technology to create a community of potential
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Each operating unit has its own management board responsible for running the business. Each management board has set role to accomplish such as corporate office is responsible for human resource and payroll. The company has developed ten key components leadership development program over the 100 year company’s history. Most important aspects are eUniversity, global standards of leadership, diverse recruiting sources, etc. The development program has a very important role in the organization. The first responsibly of the organization is the customer followed by employees, then the communities in which it operates, and finally the shareholders. The organization believes if we take care of the first three (customer, employees and community), then the stockholders would benefit
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