Talent Management:Effective and Future Strategies

PANASONIC INDIA

The Art and Wisdom of Management (Vol.1)"His life and Management philosophy"-P65

PHP Institute, INC

"Matsushita Electric makes people.

We also make electrical appliances,

but our primary product is people."

Our Company Values

Gratitude

Cooperation& TeamSpirit

THE SEVEN PRINCIPLES

UntiringEffort for

Improvement

Courtesy& Humility

Adaptability

Contributionto society

Fairness& Honesty

DiversityBuilding recruiter's

Capability

Quality of hires

TALENT ACQUISITION STRATEGY

Talent Acquisition Process – Standard Operating Procedure (SOP)

Infusing fresh talent in the system – Campus Management Program Hiring Tools – to ensure quality of hires

Capability building

BASIC DIMENSIONS OF SCREENING QUALITY TALENT

Fits with Panasonic Value

Performing Skill

Potential to grow

Contribution Mind

Challenge

Teamwork

Know-How

Problem Solving

Communication

Curiosity

Flexibility

Self confidence to lead

Talent Matrix Rising, Leadership & Strong

Total - 13

Career Discussion Meeting - Agenda

Start with Informal Discussion – About Family Background (Personal)

Informing about outstanding contribution in the organization

Discussion on the Current & Future roles – Career development plan & Cross Functional Roles

Discussion on their individual Aspirations v/s the Organization goals, Mobility

Assigning a Cross Functional or Revenue Enhancement Project– To be reviewed every Quarter

Training Programs - Functional & Behavioral

Common barriers and shortfalls in the policy & practice

Involvement of Board & HODs

Resource Allocation

Subtle

Global employee database

Central monitoring mechanism

Output

“Co-Existance and Co-prosperity”

Conclusions

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