Friday, December 28, 2007

“There is a fair amount of investments in Human Resources, especially in training...”

With a talent crunch being faced by the industry as a whole, GCPL has constituted a process called Talent Management. “In this, we try to identify the employees who are at the top of the performance ladder. The criteria for this are both performance and potential – Adi Godrej is involved with this and once a year we present the talent list,” says Sumit. Communication across channels has been made more effective over the years and despite the best of efforts, attrition issues exist in every organisation under the sun. Sumit reverts, “The way economy is changing, there would be an increasing number of employees willing to move on, and organisations, despite their efforts, would fail to satisfy all.” So the question remains – ‘How has GCPL addressed this menace called attrition, of late?’
For Complete IIPM Article, Click here

Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative