Talent Management: Effective and Future Strategies PANASONIC INDIA

"Matsushita Electric makes people. We also make electrical appliances, but our primary product is people." The Art and Wisdom of Management (Vol.1) "His life and Management philosophy"-P65 PHP Institute, INC

Our Company Values Courtesy Gratitude & Humility THE SEVEN PRINCIPLES Untiring Effort for Improvement Courtesy & Humility Gratitude THE SEVEN PRINCIPLES Cooperation & Team Spirit Adaptability Contribution to society Fairness & Honesty

Building recruiter's Capability TALENT ACQUISITION STRATEGY Quality of hires Diversity Building recruiter's Capability Talent Acquisition Process – Standard Operating Procedure (SOP) Infusing fresh talent in the system – Campus Management Program Hiring Tools – to ensure quality of hires Capability building

Fits with Panasonic Value BASIC DIMENSIONS OF SCREENING QUALITY TALENT Fits with Panasonic Value Contribution Mind Challenge Teamwork Performing Skill Know-How Problem Solving Communication Potential to grow Curiosity Flexibility Self confidence to lead

Rising, Leadership & Strong Talent Matrix Total - 13 Rising, Leadership & Strong

Career Discussion Meeting - Agenda Start with Informal Discussion – About Family Background (Personal) Informing about outstanding contribution in the organization Discussion on the Current & Future roles – Career development plan & Cross Functional Roles Training Programs - Functional & Behavioral Discussion on their individual Aspirations v/s the Organization goals, Mobility Assigning a Cross Functional or Revenue Enhancement Project– To be reviewed every Quarter

Common barriers and shortfalls in the policy & practice Involvement of Board & HODs Resource Allocation Subtle Global employee database Central monitoring mechanism Output

Conclusions “Co-Existance and Co-prosperity” 29 16