Wed, Jul 6, 2011
To say that finding the right talent pool to do the right job is vital to the success of any organization is stating the obvious. However, it’s interesting to see the role that CEOs in India directly play in this process of attracting, developing and retaining the right talent. Our study with People Matters (CEO as the Chief Talent Officer Study 2011) reveals, there is increasing fear of unavailability of this “right talent” to execute companies’ strategies, which is leading CEOs in India to invest a lot of their time and focus into developing their people strategies.
Lastly, what’s interesting to note is that talent measures and targets find a solid place on CEO scorecards. In fact, the performance of the CEO on these measures accounts up to 20% to 30% of the CEO’s overall performance.
With the economy stabilizing, there is a renewed focus on intellectual capital. As industries continue to grow more competitive, CEOs recognize that their talent pool will not only set them apart from the rest but will propel them toward sustainable success.
To access the complete report, click here.
The online questionnaire was primarily structured around closed, single and multiple-choice questions. Respondents also had an opportunity to add their views and comments where the option provided did not give the relevant description of their reality. The figures for multiple-choice questions reflect the percentage of respondents who chose that specific option. The figures for answers that had limited choices reflect the percentage of respondents who chose that answers within their limited choices.
Additionally, thirty percent of the overall responses were collected through face-to-face and telephonic interviews conducted by People Matters research team. These interviews were more open-ended and allowed business heads to elaborate with qualitative information on their people strategies and best practices. The qualitative responses have been incorporated in the results of the survey.