Impact Of Organizational Development On Organizational Performance
Chapter I
TALENT MANAGEMENT AND ITS IMPACT OVER THE ORGANIZATIONAL DEVELOPMENT IN I.T. INDUSTRIES
INTRODUCTION
1.1. BACKGROUND:
The present era is characterized by globalization which is full of challenges and opportunities. It needs continuous improvement. Improvements regarding people as well technology both are needed to ensure success. The organizations are made up of people who work at their best to meet organization’s goals and objectives. It is the incompetence of the people which makes organizations falls behind in the competitive race. The organization’s major resources are man; machine and money but the differentiation element between competing organizations is the “people factor”.
“An organization is only as good as its people and knowledge workers are a major source of competitive advantage in this world where most processes and systems have been standardized across industry participants.”
The people are the contributors for organizational performance as they are the inventors and consumers of technology, create ideas for innovation in products and
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A system is combination of individuals’ performance and which includes organizational development, their interdependencies, interrelations, causes and effects of strategies, structures, processes and cultures. This is a crucial factor as when organization structure, culture, strategy and processes are not aligned the performance suffers and organizational development meets setback. Developing a strategic approach for making for some institutional changes to cope up with the challenges of the environment should be the important consideration for the organizations. Thus there is necessity to make talent management practices in such a way so that they are able to cope up the strategic challenges of managing the organization’s skill
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