Adapt to Changing Talent Needs and Market Dynamics

May 1, 2024

With competition for talent intensifying, organisations must implement innovative retention strategies, such as career development opportunities, competitive compensation packages, and recognition programs, to keep employees engaged and motivated.

What shift do you see today in the talent management landscape regarding attracting, recruiting, and retaining talent in organisations?

RB As a CHRO, I must stay abreast of the evolving shifts in the talent management landscape to effectively attract, recruit, and retain top talent. Here are a few key shifts happening :

1. Focus on Employer Branding and EVP : Companies are placing greater emphasis on building a strong employer brand to attract top talent. This includes showcasing the company culture, values, and commitment to employee development and well-being including Leaders’ presence in social media.

2. Embracing Remote Work and Flexibility : The rise of remote work has prompted organisations to adopt flexible work arrangements and redefine their talent acquisition strategies. Remote work options have expanded the talent pool and necessitated new approaches to recruiting and managing remote employees.

3. Emphasis on Diversity, Equity, and Inclusion (DEI) :...

Renu Bohra

is a seasoned HR leader and CHRO of NBC Bearings, a CK Birla Group company. She comes with strong HR domain knowledge and a proven track record of strategic business partnering, culture-building, and organizational transformation. She has worked in multinational companies and Indian public sector companies, spread across key sectors of Logistics & Supply chain, MEP Services, Healthcare Services, Engineering, and Manufacturing. She has also been conferred with Professional awards.

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