Talent Acquisition and Retention

2. INTERNATIONAL TALENT MANAGEMENT
“ It refers to the organization’s skills of attracting highly skilled /
profitable / performing workers from the workplaces all around the
globe, and integrating new workers and developing and retaining current
workers to meet current and future business objectives with global
standards.”

3. International Talent management is critical
to the following questions:
1. Which criteria should be used to create talent pools in
order to correspond with the global corporate strategy?
2. To what extent is there equal opportunity in accessing
talent pools and top positions in the company? How to
provide equal opportunities to all employees throughout
the organization?
3. To what extent do competency models encourage
intercultural diversity and international cooperation?

4. Answers
• The challenge for the organization lies in connecting a
corporate and often global strategy with diversity and local
individuality.
• Providing equal opportunities for all employees and an
organizational culture that regards intercultural diversity as
a source of innovation and organizational learning.
• Companies need specialized talent to meet this challenge,
individuals who understand the visions and overall
objectives of the organization, who have an overview of
company-wide strategies and can cooperate on an
international level.

5. TALENT ACQUISITION
• Talent acquisition is the process of finding and acquiring
skilled human labor for organizational needs and to meet
any labor requirement by recruiting, acquiring, assessing
and hiring candidates to fill roles that are required to
meet company goals and fill project requirements.
Individual Organization

6. Why is it needed
Internationally
– Automation, reengineering, innovation,
high-yield based jobs in developed
Markets.
– Out sourcing of work from developed to
emerging markets.
– Companies migrating to developing
countries.
– Higher growth rates in emerging markets
– Learning immigration to developed
countries
– Technology and information growth
adding to instability
– Diminished Progress and enhanced
expectations, dissatisfaction of customers
– Birth of entrepreneurial opportunities
Barriers to
Acquisition
• Not knowing the
audience
• Cultural Barrier
• Language Barrier
• Legislative
problems
• Background
Checking

7. Benchmarking Requirements for Success
• Talent acquisition has many facets. Bringing them together
in support of achieving organizational goals is the goal of an
effective and efficient hiring strategy.
1. Competitive Assessment (Process , Org-know, Technology,
Performance)
2. Capabilities and Enablers
3. Organizational stability
4. Knowledge Management
5. Technology
6. Performance Management

8. Talent Retention
• Talent management is not limited to merely the
identification of employee talent, it also includes efforts
to retain talented individuals in the organization and to
promote them to key functions suitable to their high level
skills. Particularly with regard to succession planning,
internationally operating organizations must consider.

9. How to Retain Talent at GLO-CAL Level
1. Offering jobs to people with vision and value congruence
2. Enhancing the credibility of the organization through brand-
building
3. Providing opportunities for personal growth
4. Creating a sense of ownership among employees through
participation in decision making and by giving equity shares
5. Creating entrepreneurial opportunities within the
organization
6. Finding employees from among beneficiaries (Hospitals and
Mental Asylums)
7. Providing attractive fringe benefits to employees

10. Critical Elements of Retaining TOP
International Talent
ATTRACTION
RETENTION
Constructive
Relationships
at
Work
Culture of
Respect and
Inclusion
Opportunities
for
meaningful
work
Provision of
Employment is
Secure and
PredictableLearning and
Development
Benefits,
Compensation
are
Fair and
Attractive
Wellness,
Health
and Safety
Workplace
Flexibility

11. GLOBAL - Four Step Process

12. “ If you want 1 year of prosperity, grow grain.
If you want 10 years of prosperity, grow trees.
If you want 100 years of prosperity, grow PEOPLE.”