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Talent Management: Effective and Future Strategies

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Presentation on theme: "Talent Management: Effective and Future Strategies"— Presentation transcript:

1 Talent Management: Effective and Future Strategies
PANASONIC INDIA

2 "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

3 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

4 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

5 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

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

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14 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

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

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

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