International Research Journal of Engineering and Technology (IRJET)
e-ISSN: 2395 -0056
Volume: 04 Issue: 04 | Apr -2017
p-ISSN: 2395-0072
www.irjet.net
A Study on Talent Management Strategies in IT Industry Syed Mansoor Pasha1, Prof. Badiuddin Ahmed2, Research Scholar, Management, PP. MAN. 527, Rayalaseema University, Kurnool. Professor & Head Department of Commerce, MANUU, Hyderabad. ---------------------------------------------------------------------***---------------------------------------------------------------------
Abstract - Human Resource is one of the vital resources for
at people and organization development. Different
the success of any organization. With industry dynamics
organizations utilize talent management for their benefits.
changing and the corporate work culture undergoing
The benefits are:
transformation globally, appointing and retaining the right
Suitable person in the job
talent has become immensely significant for the industries
Supportive environment to the employees
across the globe, more so for the Information technology
Retaining the top talent
sector. This study focuses to know the importance of talent
Effective acquisition
management in corporate sector and to know the talent
Better alignment of employees to organization goals
management strategies of I.T. Sector in India. The research
Better professional development decisions
type is descriptive research and the secondary data is collected through online journals, websites and books Key Words: Talent management, IT Industry, Attraction, Retention, Strategies.
1.2 Talent Management: A Process Talent Management process is interconnected with all hr practices and is therefore, very difficult to handle. The main objective of the process is to acquire the right candidate and
1. INTRODUCTION Talent is the ability, skill, Knowledge of employees to perform the job effectively to achieve the organizational goals. In a globalized era managing and developing talent became the crucial factor in the success of the organization. Talent Management is not limited to acquiring the right candidate but beyond it extends to identifying the untapped and unusual qualities of your employees to develop and
place at the right time. The major concern is aligning the employees to business strategies and retaining them for long run to gain the competitive advantage in the market.Talent management process has been shown in the below Figure, where total cycle is inter-connected with each other starting from workforce planning and concludes on critical skills and gap analysis, as detailed below:
retain them to get the desired results. Talent Management defined as ‘the systematic attraction, identification, development, engagement/retention and deployment of those individuals with high potential who are of particular value to an organization’. (CIPD 2007)1
1.1 Benefits of Talent Management: Talent management is also known as Human Capital Management. Talent management can be a discipline as big as the HR function itself or a small bunch of initiatives aimed © 2017, IRJET
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Impact Factor value: 5.181
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Fig -1:Talent Management Process ISO 9001:2008 Certified Journal
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