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8/26/22 Talent Edge- A Strategic Edge to Talent Acquisition Dr. Ritu Anand

Nhrdn talent engagement and retention conclave

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Page 1: Nhrdn  talent engagement and retention conclave

April 7, 2023

Talent Edge- A Strategic Edge to Talent AcquisitionDr. Ritu Anand

Page 2: Nhrdn  talent engagement and retention conclave

People Matters Talent Acquisition ConclaveCONFIDENTIAL

Diverse Challenges

- 2 -

Economic

• Economic recovery

• Different economies on different economic path

• Industry and sector dependant people demand and supply

• Global Growth avenues like M&A etc

• Developing economies and their complexities

Social and People Changes

• Demographic shifts

• Global movement of talent

• Social customs

• Generational differences

• Employment opportunities improve

Emerging Alternate Opportunities

• Education as a lucrative employment option

• Entrepreneurial practices

• Non Traditional Work arrangements

Page 3: Nhrdn  talent engagement and retention conclave

People Matters Talent Acquisition ConclaveCONFIDENTIAL

The Buck doesn’t stop at Talent Acquisition

- 3 -

The Talent

Compact

Promises Made

Promises Kept

Brand• Known for

Excellence• Leading

Global Company

• Inspirational Leadership

Culture• Authenticity• Metrocracy• Connection• Talent-

Centracity

Purpose• Guiding Mission &

Values• Global Citizenship• Committed to the

Region

Opportunity• Challenging Work• Accelerated Career

Track• Continual Training/

Development• Competitive Pay

A Framework for Attracting & Retaining Talent

Page 4: Nhrdn  talent engagement and retention conclave

People Matters Talent Acquisition ConclaveCONFIDENTIAL

Talent Acquisition Strategy- Develop the last block

- 4 -

“Wow” Induction and quick scaling up to make new hires productiveCareer ManagementTransaction ManagementTestimonials Flow Back into Source Pool on the “Wow” Experience

Adding a non conventional

Thinking…Retain Talent

Select and Hire Talent

Effective Screening Methods and ToolsBranded End-to-End Hiring Process

Source Talent

Internal People PlanningExternal Market Intelligence - Functional and CategoryHeads up on Market Trends and MovementsPipeline Management

Attract Talent

Branding and AdvertisingInterface with InstitutesVisibility on Newer Online ForumsDifferent Talent Segments

Page 5: Nhrdn  talent engagement and retention conclave

People Matters Talent Acquisition ConclaveCONFIDENTIAL

- 5 -

New Recruiting Tools

Social Networking

Direct sourcing

Mobile technology

Re-Hiring

Attracting the employed

Page 6: Nhrdn  talent engagement and retention conclave

Thought Leadership Themes

Page 7: Nhrdn  talent engagement and retention conclave

People Matters Talent Acquisition ConclaveCONFIDENTIAL

Customizing Talent Acquisition for Different Segments

- 7 -

Talent/People

Lifecycle Needs

Multiple Employee Value Propositions & Solutions

Money Power

Different Triggers

Work Life

Balance

ChallengeHigher

Meaning

Save theWorld

WorkContent

Tapping the Pool

Value Proposition

What's on Offer – Compensation & Benefits

Connect with Brand Ambassadors from a Similar Pool

Ease of Interaction

Page 8: Nhrdn  talent engagement and retention conclave

People Matters Talent Acquisition ConclaveCONFIDENTIAL

Whats your company’s online social footprint

- 8 -

Internal –Facilitate internal social networking

What’s your web presence and how is it being leveraged?

Do you have a stated policy on employee and social networking interface?

Articulated strategy to increase web presence

Page 9: Nhrdn  talent engagement and retention conclave

People Matters Talent Acquisition ConclaveCONFIDENTIAL

Engaging Current Pool to Fit Gaps

- 9 -

Direct Benefits

• Expansion of pool• Cost Effective• People Engagement• Enriched Careers• Employees as Brand

Ambassadors

Multiple Competencies

• Global Acumen• Multi Cultural

Fluency• Technological

Literacy• Entrepreneurial Skills• Ability to Manage

and Inspire People

Alternate Solutions

• Reskilling• Upskill

Page 10: Nhrdn  talent engagement and retention conclave

People Matters Talent Acquisition ConclaveCONFIDENTIAL

- 10 -

End to end Program

Mgt

Improve Candidate interface

Employer Branding

Career Portals

Attractive Formats For Info download

Integrated Talent

Acquisition

Social Networking

Evolving Role of Technology

Page 11: Nhrdn  talent engagement and retention conclave

Thank You