Mar 3, 2006

Indian sunrise - A new dawn for Human Capital people

Alan Schweyer, writes in the ERE about his visit to India and how he feels about the implications for Recruiters and Human Capital professionals.

India is already facing many of the talent challenges we've become accustomed to, but often on a larger scale. Its response will have repercussions on the U.S. talent supply and will forever change the meaning of the "War for Talent."

In the best Indian business schools and in the top companies, one seldom hears HR and recruiting discussed in their traditional sense. In a nation that has been the recipient of more HR and recruitment outsourcing business than anywhere else, India's answer to skill shortages and sky-high attrition rates is an emphasis on talent management.

Everywhere, employment-brand building, particularly through heavy investment in employee development, is a cornerstone of workforce initiatives.

Indian multinationals are nurturing relationships with talent while in school, building talent pools and enticing overseas workers, particularly those who left India and have built skills in the west.

Read the full article here. And oh, he links to this blog. Thanks Alan ! Dr. John Sullivan in a post to the article says:

I find their best (recruiters) there to be at least twice as agressive as our US corporate recruiters. They also make most other regional recruiters (AUZ, NZ and China) look like lap dogs.

A lot of the initiatives that Alan describes in his article are because employers are not relying on the government or other central institutions. In fact, many organizations are creatively trying not just to "acquire" talent, but also create talent. For example, people with high level of communication skills and also a high degree of technical hardware knowledge are limited in number. However, instead of reacting to the talent by recruiting them and then training them, few technical support organizations are reaching to the colleges and universities and training talent pools on technical knowledge. The India Today article also talks about the initiatives that ICICI Bank is taking to increasing the skilled talent pool in the smaller towns and cities of India.

India has tasted economic success after a long time, and organizations will do the best they can not to let it go! Sometimes working in a constraining atmosphere of rules and regulations can actually be useful, as it has made thinking skillfully and creatively a required competency for growth and success !