PWC reported recently that 63% of CEOs say that finding the right talent is a critical challenge and 93% think that a completely new approach to people management is essential. At a recent seminar organised in Bombay by Singapore's SMU, Rajeev Dubey of Mahindra described best practice in Indian HR policy. He argued that the most important thing was to communicate purpose and a wider meaning to employees. SMU alumnus, Kausshal Dugarr, founder of Teabox, added that start-ups also struggle to retain people, especially after other tech companies close big funding rounds and throw cash to lure away experienced staff. No one on the panel could name an Indian company they saw as a global benchmark in people management.
Business World Online (Mar 5)
Business World Online (Mar 5)