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On 23rd November, 2013 a Corporate Summit on Talent Management & Engagement was organised by Jaipuria Institute of Management at Hotel Radisson Blu, Kaushambi, Ghaziabad.
The summit was inaugurated by Mr. Vikram Tandon(Head-HR, HSBC India) Mr. Shishir Jaipuria (VP-Jaipuria Group of Management Institutions) and Prof.(Dr) Daviender Narang(Director-Jaipuria Institute of Management, Vasundhara). Eminent personalities from industry participated in the event which was focused on one of the biggest problems being faced by the industry today, i.e, talent management and engagement. In his inaugural speech Prof. Narang emphasized on innovative styles of engaging employees to gain competitive edge and the growing need to hire highly engaged workforce.While, Shri. Shishir Jaipuria highlighted the importance of different thinking to successfully hire right people that create a strong and motivated workforce. Mr. Vikram Tandon accentuated the need to identify the right talent as per the needs of organisation and to systematically develop the human force with a mutually befitting relationship between employers and employees.The summit started with the first panel discussion on ‘Talent Acquisition’ which was aimed at identifying the best practices being followed by best companies to hire the best talent within the cost and time constraints. Mr. Prateek Dubey from Hindustan Coca Cola India Beverages Pvt. Ltd. focused on the need to look at human force as an asset and not merely as cost incurrence by employers. Mr. Manoj Sehgal from Jubilant Clinsys Ltd. emphasized on integral elements of clear vision, understanding, monetary benefits and transparent management. Ms. Jyoti Gandhi (Senior VP, Just Dial) emphasized the transition of companies towards average B-Schools for hiring a workforce of more retainable employees. According to her reducing attrition is quite different from retention and the latter needs to be more emphasized upon.
The second panel discussion was on ‘Talent Retention and Engagement’ which was aimed at identifying the causes of employee attrition, how to effectively mitigate the risk and promoting a two way relationship between employer and their employees through their effective development and engagement. Mr. Ajay Sachdeva (National Head-LT & OD, Eureka Forbes) focused on the need of developing an environment for employees where a proper work-life balance will lead to more dedicated and robust workforce. Mr. Amit Gupta (GM-Ad Sales) Asia Net News Network Pvt. Ltd. focused on the need of identifying best talents in the organisations and various strategies being adopted by HR professionals in retaining the same.
The final panel discussion was on ‘Talent Development’ was aimed at identifying the strategies and focus of talent development, analyzing the factors for making development programs more effective. Ms. Soumya Mathur (Head-Learning & Development, Just Dial) shared the ongoing talent development practices being followed by the company and how it was able to minimize it’s attrition rate to 9% compared to industry average of 24%. Mr. Ankur Poddar (Div. HR Manager North) Marico Ltd. emphasized the need to incorporate emerging best practices being followed by industry leaders to develop talents and hone individual skills along with organizational growth.
The event concluded with a valedictory speech by Mr. Vinod Malhotra (Director – Corporate Relations, Jaipuria Group of Management Institutions). He epitomized the day’s proceedings with a note to implement four “L’s” i.e., Live, Love, Learn and leave a Legacy behind. The event was attended by eminent personalities from industry, professionals, faculties and students of M.B.A. Prof.(Dr.) Daviender Narang, Dr. Ashwani Varshney, Dr. Charu Yadav and Ms. Bhavna Malik co-ordinated the event successfully.
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