17th National Convention of IMCI
Attracting and Retaining Talent
Presentation on: January22, 2011
By: Mr. Ashok Ghia
President: Matrix Consultants
Executive Search
January 22, 2011 Ashok Ghia
Attracting Talent
• Build your Brand Equity.
• Build organization structure which facilitates
business growth and business dynamics.
• Have well laid down policies and systems
which facilitate business growth and
dynamics.
• Have well laid down HR policies and manuals
which facilitates growth & development of
people in line with the business growth.
January 22, 2011 Ashok Ghia
Attracting Talent
• Have matrix reporting structure so that
performance assessment is balanced and free
of prejudices.
• Assess talent on competencies and skills.
• Spell out growth and development path for
each position.
• Spell out responsibilities and expectations of
the position.
January 22, 2011 Ashok Ghia
Attracting Talent
• Spell out authority levels which should be
based on business growth & dynamics.
• Compensation should be market driven and
the scale of incentives/variable pay should
give scope for scaling up.
• Designation should be related to business
growth and dynamics and related to
responsibility and authority. Too many levels
confuses and dilutes.
January 22, 2011 Ashok Ghia
Retaining Talent
• Have a well laid down career path for each
position.
• Have an intrapreneurship organization giving
ample scope for talented individuals.
• Have well defined training programmes to build
skills and competencies related to business
growth and dynamics.
• Involve individuals in a project role besides
operations role to develop leadership and skills.
January 22, 2011 Ashok Ghia
Retaining Talent
• Recognize individuals with talents, specialized
knowledge & competencies which the
company/group can draw upon.
• Recognize achievements and high
performance by awards and rewards.
• Build compensation and incentives around
performance and achievements and
specialized knowledge and skills.
January 22, 2011 Ashok Ghia
Retaining Talent
• Encourage internal growth based on
opportunities.
• Based on business needs and exigencies build
flexibility of working to accommodate social
and family needs.
January 22, 2011 Ashok Ghia