siliconindia | | April 20198Jayamalini is an HR Professional with over 18 years experience spanning corporate specialist and business partner roles in Healthcare, IT, FMCD & Consulting spaceBy Jayamalini Ramaratnam, Director & Head - Human Resources, CBREn today's constantly evolving business world, all the organizations look for opportunities to maximize their performance and competitiveness. The one overwhelmingly critical factor which makes all the difference is `Talent'. Organizations which repeatedly deliver superior performance are those who have talent with multidimensional strengths.With globalization & technology advancements changing the corporate landscape, the workplace and how work is done have radically changed. The organizations have become flatter and hierarchical structures are declining, thereby emphasizing the need to increase speed and engagement. Career and social contracts with employees have changed, with employees demanding rapid career growth, flex-ible work places, purpose and increased earnings. Hence, talent management needs to start right from the time an organization starts engaging with its po-tential employees at the hiring stage, and continue through the employee lifecycle. To strategically build human capital, following are the key mantras that successful organizations have embedded:IIN MY OPINIONLEADING WITH TALENTInvest Time on Your `Talent Strategy'One of the most critical aspects that Business and HR leaders focus on is a well thought-out Talent Strategy, i.e., knowing what kind of talent is needed at different levels, identifying the best talent sources, and most importantly, estimating the cost of acquiring and retaining relevant talent that is aligned with the organization's profitability and productivity goals. Ultimately, winning organizations are those that can effectively corroborate their talent needs along with their business strategies. Jayamalini Ramaratnam
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