Talent Management Effective and Future Strategies PANASONIC INDIA

Talent Management: Effective and Future Strategies PANASONIC INDIA

"Matsushita Electric makes people. We also make electrical appliances, but our primary product is people. " The Art and Wisdom of Management (Vol. 1) "His life and Management philosophy"-P 65 PHP Institute, INC

Our Company Values Untiring Effort for Improvement Courtesy & Humility Gratitude THE SEVEN PRINCIPLES Adaptability Contribution to society Cooperation & Team Spirit Fairness & Honesty

TALENT ACQUISITION STRATEGY Quality of hires Diversity Building recruiter's Capability 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 Contribution Mind Fits with Panasonic Value Challenge Teamwork Know-How Performing Skill Problem Solving Communication Curiosity Potential to grow 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 Training Programs - Functional & Behavioral Discussion on their individual Aspirations v/s the Organization goals, Mobility Assigning a Cross Functional or Revenue Enhancement Project– To be reviewed every Quarter

Common barriers and shortfalls in the policy & practice Involvement of Board & HODs Resource Allocation Subtle Global employee database Central monitoring mechanism Output

Conclusions “Co-Existance and Co-prosperity” 29