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Introduction to TM

Importance of Talent in new Economic world

Rapidity of changes in new world Drastic new things like; Internet, Mobile phone,

Communication, Transportation, Globalization,Space exploration, Robotics etc.

Challenges of Ecological threats

Sins of mankind like; Deforestation, Nuclearweapons, Breakaway with social conventions,

Break from nature etc.

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Concept of Knowledge Society

Peter Drucker is the advocate of Knowledge

Societies Knowledge will be power in this century

Knowledge societies, countries, organizationand individuals will be the winners

Knowledge worker

Knowledge work productivity

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Peter Drucker's Concept

Respect of the worker. Drucker believed that

employees are assets and not liabilities. Hetaught that knowledge workers are the essentialingredients of the modern economy. Central tothis philosophy is the view that people are an

organization's most valuable resource and thata manager's job is to prepare and free peopleto perform.

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Quotes from Einstein

Imagination is more important than

knowledge... The secret to creativity is knowing how to hide

your sources.

The significant problems we have cannot be

solved at the same level of thinking with whichwe created them.

If A is success in life, then A equals x plus y

plus z. Work is x; y is play; and z is keepingour mouth shut.

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Need to embrace Diversity

Diverse composition of population like Plus 60

years aged person will be 20% of USApopulation (by 2050)

In India there will be more younger people: Anold country with young population

Migrations will become far more than present

New problems require new solution

Radical and new thinking give better solutions

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Talent vs Labor vs Human Capital

Talent is an all-composing term to describe the

human resources that organizations want toacquire, retain and develop in order to meettheir developmental goals

Labor is for routine types of works usually taken

care by machines in developed economies Talent is used mainly for different than factor pf

production; it is to create new resources

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Nurturing Talent in Organization

Creating a winning Employee Value Proposition

(EVP) that will make your company attractive totalent

Moving beyond recruiting type to long termstrategy

Using job experiences, coaching and mentoringto cultivate the potential managers

Strengthen your talent pool at various levels

To have a mindset and premium value for talent

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Required Developments in HR andTM

Wisdom, knowledge, or particular expertise

Ability to persuade others Status that is respected by others

Areas to develop are; Enabling skills,

Developing Thought Leadership, BusinessAwareness, Innovation and Creativity, Growingand managing talent differently to others andhaving Self Development

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Evolving Brands

Brand is unforgettable and having unique

impact on one's mind Creating an impression which is valid 24/7/365

Great organizations work on Branddevelopment and that requires Talent

Core competency behind any brand growth isthe creativity, innovation and uniqueness

Brands are the result of great input by genius or

great team works

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Organizational Brand Model

It follows following steps:

Our Vision Our Values

Behaviors/Competencies/Standards

Creating an Environment where People wouldlove to work

Continued..............

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Org. Brand Model (Contd.....)

Working in Partnership (Employees, customers,suppliers, community & Media)

Communicate the key messages

Sharing with our best competitors Rewarding Performance

Measuring our success