A culture that nurtures talent

1. A CULTURE THAT
NURTURES TALENT
Finding the right talent is one thing, but
retaining it is quite another.
That's where culture comes into play

2. Contd..
In today's complex and evolved workplace, talent is the critical driving force
behind the success of an organisation. For any company, people are its assets
and, if managed correctly, right assets always create lasting value. Just like a
technology patent, a proprietary process, or a strong brand, talent is the true
asset of an organisation. According to a study by the World Economic Forum
and Deloitte Touche Tohmatsu, there is a worldwide dearth of talent--
resulting in as much as 10 million jobs in the manufacturing sector that are
yet to be fulfilled. Despite high unemployment rates across the world,
shortage of talent and the right skills is an epidemic globally. Finding right
talent is only half the problem solved; retaining and nurturing that existing
talent is another ballgame altogether. The culture of an organisation
therefore, plays an important role in achieving both these objectives.

3. Contd..
The value of human capital is high for a healthy and profitable
organisation. However, it is an organisation's culture that becomes the
strategic rope that binds talent together. The culture of an organisation
entails a balanced mix of employee-friendly benefits and policies,
engagement initiatives, proven career paths, diversity and a lively
vibrant environment that fosters fun and creativity. Senior leadership
also plays a significant role in being role models. These days,
organisations are serious about creating a strong, transparent,
collaborative, rewarding and productive work culture that is meaningful
to their employees. In times to come, organisations will need to push
themselves to find new ways to foster this kind of environment and
differentiate themselves from their competitors.

4. Contd..
It is not only the culture that reflects the success of talent management
in an organisation, but also ensuring that the right people are in the
right roles. This requires a strong understanding and accurate
assessment of the talent in the organisation, their skills, capabilities,
their motivation as well as their developmental needs. Talent needs to
be nurtured with a high focus on learning and development; else, there
is a danger of disengagement or stagnation. Employees need to be
coached to constantly evolve themselves, rediscover their capabilities
and take risks with alternative career paths in order to reach career
objectives. Employee engagement and high performance are outcomes
of a strong alignment between an individual's and the organisation's
goals.

5. Contd..
The talent teams in organisations have a crucial job to do--not only do
they have to build robust and transparent processes around ensuring
these talent requirements are met, but they also need to ensure that
managers and leaders have equal ownership in the talent agenda.
Managers play a critical role in the selection and assessment of right
talent and keeping employees engaged and productive.Attracting an
employee through financial incentives alone is not enough; rather,
employees should be hired based on their belief in the brand and its
vision-ensuring the employee's reliability and dedication towards the
brand.

6. Contd..
Culture is transversal, cutting across employees regardless of position,
level, region, or function. Success belongs to those that evolve a
flexible culture that embraces change, taking on new challenges and
adjusting to newer employee demographics. There are plenty of
organisations that, despite having strong brands or work processes,
have become obsolete thanks to their inability to evolve and keep pace
and that's another validation of the role that talent and culture play in
an organisation's sustainability. The talent of a company thus needs to
be nurtured and driven by a high-performance culture.

7. For details and bookings contact:-
Parveen Kumar Chadha… THINK TANK
(Founder and C.E.O of Saxbee Consultants & Other-Mother
marketingandcommunicationconsultants.com)
Email :-saxbeeconsultants@gmail.com
Mobile No. +91-9818308353
Address:-First Floor G-20(A), Kirti Nagar, New Delhi India Postal Code-110015