2. Business Growth will come from India : India is an
attractive market to Global Business Leaders right
now
The growth trajectory will see India become the world's third largest economy by 2030,
overtaking Germany in 2027 and Japan in 2030 – KPMG
India has the potential to grow at 6.5-7 per cent and will become a USD 5 trillion economy
by 2025-26 and USD 7 trillion by 2030 - Economic Times
3. India’s decade of Digital Transformation
India's Decade of Transformation
RBI CPI Inflation:
2013- 10%
2022- 4.7%
Digital Transaction as % of GDP
2016- 4.4%
2023- 76.1%
Highways:
2014- 25,700 kms
2023- 53,700 kms
Foriegn Direct Investment :
2013- $22 B
2023- $46B
5. Talent is the Real Differentiator to Business
Growth
Talent management starts with Talent Acquisition
The economic climate requires that businesses be agile, and that’s especially true when it
comes to talent strategies.
Talent Acquisition is one of the Top CEO Agenda. Recruiting will drive business-critical changes.
Recruiting professionals have never been able to make a bigger impact than right now. You used to be
able to say, ‘these hires helped our company.’ Now you can say, ‘I changed the make-up of our company, I
changed where we work, I changed what we look for, and I changed how we hire.’”
Recruiting will double down on Employer branding as talent regains leverage.
When you think about employer branding — how you articulate your culture to attract, engage, and retain
talent — you need to go beyond performative. Candidates can see through it. They’re tapping into their
networks to understand who you really are, beyond what your career site says.”
6. Talent Experience impacts Customer
Experience and Company’s Profitability
Talent Experience impacts customer experience
Hi Touch On Boarding experience is crucial for Talent Retention
The challenges of the last three years have been remarkable in their apparent
strength and impact on the world of work.
Talent Health Index drives Financial Performance of Company
Talent Health Index defines the essential components of a complete talent
program and Transformative Talent Strategy guides how to overcome most
pressing talent challenges facing business right now
7. Achieving Business Growth through 100%
ownership of People and Culture Agenda
•Enhancing culture – Scaling learning and growth to foster People’s potential
•Employee Advocacy - Develop Employees as Brand Ambassadors to enhance company’s reputation
•Refining content strategy –Create and Curate content directly tied to business challenges as a solution
•Improving skills strategy – Help employees, managers, leaders through upskilling
•Learning and development – Create more enticing learning experiences for employees
•Integrating Performance management
•Promoting talent mobility
•Career Pathing -
•Leveraging talent reporting, data and analytics – Utilize powered technology to direct data-driven
decision-making regarding Hiring and Promotions ( who to hire and promote )
•DEIB- DEI is a priority to the next generation of employees. Their expectation is to see leaders who
look like them and to know organizations are committed to DEI long-term . Belongingness gets
cultivated
•Employee Wellness-
8. Talent Attraction and Talent Retention is the
key to Business Growth
HR Problems to solve that impacts business growth
Attracting the Right Talent through Employer Branding
Reduce Time to Hire
Reduce Cost Per Hire
Increase Employee Retention
Enhance Company Reputation & Culture
Improve Talent Health Index of Domestic Business
9. High-Performing Organizations’ talent
health is significantly better than Average or
Laggard organizations. KPIs to measure
Metrics to measure Talent Health Index
1. Quality of Hire
2. Time to Hire
3. Cost per Hire
4. Great place to work recognition
5. Leadership Talent Pipeline
6. DEIB Benchmark
7. Employee Wellness
8. Employee Advocacy
9. Less number of unfullfiled positions
10. Talent Engagement Survey
11. Internal Talent Mobility Program
12. L&D Strategy to Reskilling Employee
13. Reward and Recognition Programs
14. Pay Equity, Fairness, Openness, Transparency
15. Employee Attrtiion