An Overview of Talent Management by Mr. Sanjay Srivastava
Mr. Sanjay Srivastava starting his speech on Talent Management
Sanjay Srivastava is currently working with AstraZeneca Pharma as an Associate Director – HR and heads HR for Cardiovascular & Metabolic businesses. He is also the India head for L&D and OD. Sanjay brings in 14 years of rich experience in the IT & Pharmaceutical industry having worked in India and in the US. He has worked with companies like Cognizant, AOL, Freescale and brings expertise in the areas of Compensation & Benefits, International HRM & Strategic Business Partnering, Talent Management & Organizational Development.
Sanjay is also certified in MBTI & FIRO – B and is currently undergoing certification in Organizational Development with “Sumedhas Academy of Human Context”. He holds a graduate degree in B. Pharm. from Jadavpur University and MBA in HR from Symbiosis Institute of Business Management, Pune.
Sanjay has been involved with various B Schools like Symbiosis, ISB&M & Great lakes on varied initiatives like guest lectures, Campus to Corporate transitions, student admission process. He loves playing cricket, reading, travelling and practicing Yoga.
Sanjay started off by speaking about the evolution of HR function and the trends in HR. then he spent some time on how Talent Management is aligned to business priorities. If the companies HR priorities are high performance, great place to work, retention, talent attraction and capability building then the company needs talent management like identification, succession, development, skill gap, performance and acceleration. Then he went into translating the talent strategy into the workforce needs.
He elaborated about the Talent Management lifecycle, and focused on the key pointers specially the “ready now ready later” and how it is done in AstraZeneca Pharma. He talked about how the process is developed, retention is done and a strong pipeline of leaders is maintained. He talked about the various models used in AstraZeneca to measure potential, productivity and if a person can deal with complex roles.
Mr. Sanjay Srivastava enlightening the students on the evolution of the HR function
Then he talked about their USP which is their IDP – Individual development plan that is a personalized development plan which is tailor made for each person. The plan can be education based, relationship based or experience based. He made every one think by saying we should always be ourselves because only then there will be an organization culture to person fit. He finished by talking about Talent Management outcomes and examples of what the companies outside are doing in Talent Management. He signed off with a quote “It is impossible to take part in the adventure if you are a spectator on the side-lines. Taking part in the Adventure is about getting in the game and having a stake in the game. We need each one of you to help create a World Class Institution.”
Mr. Rajesh Padmanabhan, Corporate Vice President & Head HR, Capgemini engages TAPMI with his noteworthy address
T A Pai Management Institute (TAPMI), Manipal, Karnataka witnessed an interesting guest lecture delivered by. He is currently, Corporate Vice President Head of HR for all businesses at Capgemini India encompassing Application services, IT Infrastructure Management, Consulting, Sogeti & BPO. Prior to this, he was Executive Vice President and Global CHRO for Patni – Global IT Services Company. He holds an MBA degree in HR and Finance from the University of Mumbai. He started his career in systems on COBOL platforms in the eighties, and went on to become a corporate banker with ICICI group. During the era of financial liberalization in India, he worked as a Corporate Banker with ICICI. His specialities include Organizational excellence, Leadership solutions architect, Learning and Development, Strategic HR practice, Global Compensation and benefits, Organization Restructuring, Shared services, PCMM and Life Coach.
Mr. Rajesh Padmanabhan started by touching upon various aspects like importance of an individual’s goal setting and working towards achieving the goal. He discussed what sets apart an institution and its students. He expressed his opinion, that it is encouraging to see the number of students interested in taking up entrepreneurial initiatives increasing. This shows measurement of success is restricted not only to corporate but entrepreneurial initiatives as well. Research is the backend to drive excellence. Everyone wants a dream runway to raise ones patience in search of a dream run. Resistance and anxiety builds up when ones does not meet one’s aspirations.
Mr. Rajesh Padmanabhan highlighted the readiness of students pursuing Management education in India – which stands at a large number of 3 lakh students, in 2012. There are over 4500 B-schools in India catering to these students. However, only around 20% of these management graduates every year are employable. He emphasized the importance of research during a management graduation course. He also underlined that beyond academics, the number of research papers from B-school students is declining sharply. This eventually results in lack of global business perspectives amongst students. According to him, there exists immense talent in the country and it is this potential which needs to be tapped appropriately.
Mr. Rajesh Padmanabhan analysed the gaps in the current system. Few of his assessments in this area were that practical hand on experience is necessary and so is leadership grooming. Cross cultural skills and new models of team effectiveness are areas that need improvement as well. He stressed on the value of employability skills – never to sacrifice ambitions. Change and transformation is constant. Group dynamics helps in channelizing and making winning teams. Effective communication, adaptability, willingness to learn and apply, and dealing with ambiguity are few of the very important aspects in today’s corporate world. The avenues to learn and explore consists of cloud, big data analytics, predictive modelling, mobility & convergence, social media and industry interface set up.
The speaker rounded off his speech by mentioning that the world today is moving towards virtual space without one being physically present. This session was followed by an interactive round where in the students of TAPMI asked questions, much appreciated and answered by the speaker. It was indeed an enriching address by the Corporate Vice President & Head HR of Capgemini – Mr. Rajesh Padmanabhan.
TAPMIRadio – Get Plugged IN
OMEGA, the student consulting wing of TAPMI, and E cell have launched ‘TAPMI Radio’ on 1st March 2013. This is an entrepreneurial venture of TAPMI’s first year students Lalit Jain and Pushkar Bakore. It is a radio service which works on the TAPMI LAN network.
Expected benefits from this venture:
· Source of stress reliving for students as they can get to hear good music
· Easier way to make important announcements
· Advertising revenue
· Experience of an entrepreneurial start up
Plans are there to make this service available in whole of Manipal by buying radio frequency. Dr. A.S. Vasudev Rao, Dean Admin, TAPMI, and Prof. Chowdari Prasad, Dean Branding and Promotions, TAPMI, gave their best wishes to the students. In his speech on the day of launch, Dr. A.S. Vasudev Rao said that such ventures are welcome as it provides students an experience of entrepreneurship. The Radio operates 24*7 and the radio jockeys, known as TAPMI jockeys (TJs), are students of TAPMI.
Different Aspects and Trends of Social Media explained by Mr. Deepak Goel, Founder & CEO of Drizzlin
Mr. Deepak Goel giving his insights to the students of TAPMI
It was an enriching experience for the students of TAPMI, when they heard about the aspects and trends of social media from a Social Media marketing company.
He started his talk by citing examples of how much-old social issues like corruption, dictatorship, etc. were always there in the society, and how with the advent of social media, mass campaign like that of Anna Hazare, Arab uprising, Occupy Wall Street etc. took shape and changed the world in no time. He stressed on the point that with the rise and awareness of social media channels, aggregating and congregating the data has become much easier today.
He further focused on the challenges large businesses face when it comes to handling and understanding the power of data that floats around in the social media channels. He cited examples of brands like Nestle Kitkat and Ford Fiesta to explain these challenges. He also said that there is a huge cultural challenge faced by large companies as they have to behave like media knowing that they are not the media. They also face problems as they know that they can broadcast themselves but are not equipped to do so.
Future leaders from TAPMI listen intently to what Mr. Deepak Goel has to offer.
One of the aspects that he mentioned was that the size of a company doesn’t matter when it comes to social media. He was quite impressive in giving appropriate examples after explaining every aspect so that students can grasp that aspect easily. He gave a wonderful example of Walmart and Amazon for the above mentioned aspect of social media.
He finally gave an overview of his company, what they do, how they engage with their clients, what all services do they offer, and how is their research methodology different than traditional market research. It was an inspiring lecture above all, which made students churn their brains on how social media can be leveraged to understand customers and grow business with a pace never seen before.
Mr. James Golsen – Principal Commercial Officer, United Stated of America Consulate discusses about opportunities available in the USA for Indian communities in the areas of trade and education at TAPMI
Today, Mr. James Golsen – Principal Commercial Officer, United Stated of America Consulate (Commercial Section of Consulate) visited T. A. Pai Management Institute (TAPMI), Manipal to discuss about opportunities available in the USA for Indian communities in the areas of trade and education.
Mr. James Golsen arrived at Chennai in July 2011. He is responsible for advocating U.S. commercial interests and organizing trade promotion activities in South India. In this capacity, he manages the U.S. Commercial Service offices in Chennai, Bangalore and Hyderabad. Previously he served as the Commercial Attaché at the U.S. Embassy in Bangkok, Thailand and Commercial Consul at the U.S. Consulate in Shanghai, China. Mr. James Golsen’s previous assignment was in Memphis, Tenn., working as the Commercial Service liaison at FedEx World Headquarters. Prior to joining the Department of Commerce, Jim worked for the International Division of the United States Chamber of Commerce.
He holds a Bachelor’s Degree in International Affairs from Florida State University and a Master’s Degree in International Policy Studies from Middlebury College’s Monterey Institute of International Studies.
Mr. James Golsen began his address by explaining the functions his organization does. He said that the primary function of his office is to help promote business ties between India and US. His office facilitates USA businesses to market their product in India and also help Indian business find partners in the USA.
He reiterated the much hyped bilateral ties between the two countries. One can’t travel anywhere in India or US without having met someone who hasn’t had some experience of the other country. He gave the example of Governors of South Carolina and Louisiana states having Indian origin.
He said that 15 years ago India was the 30th largest trading partner for the USA and it has become the 12th largest partner in current times. He raised concerns that, even though India and USA are very familiar, why are the buyings limited to $100 billion? He said that as a solution to this problem both countries have to look for the areas where the relationship can grow. The relationship and trade just can’t get better without initiatives from either of the countries. The focus should be in the areas of education and SMEs. The entrepreneurs of both the countries have to be encouraged to invest in other countries. As an example, he said that the many of the graduating students of TAPMI, Manipal are going to be entrepreneurs someday. He urged them that when they make their first million and invest another hundred, they should think and find 500 first global employees.
He opined that the Government should create a level playing field and bring the business partners together and then leave it for business owners to run the business. He mentioned that there is immense potential in the USA – Indian trade. Many companies are going to expand. He gave an example of Ford’s new manufacturing facility at Sanand, Gujurat.
He held that USA is coming out of one of the biggest downturns since the big depression. Housing Market, Manufacturing, Banking and many other markets are reviving. The country is finding better opportunities in nations like Japan and the European Union. There is 1.5% to 3% growth of USA economy and 7.9% unemployment. He concluded by saying that for businesses in both the countries to flourish, trade barrier embedded in domestic politics, policies have to be removed.
The lecture was followed by an interactive session where in the speaker was engaged answering thought provoking questions put forth by the students present. In one of his responses, he stated that his office in the USA Consulate is engaging with students to keep them informed about the opportunities of education in USA. He informed that India is the 2nd largest source of foreign students in USA.
There is a perception of zero–sum game. The USA is losing out due to outsourcing and India is losing out due to walls raised by the USA. But, businesses are growing and FDIs are increasing, hence negating the former statement. Some business models are created to circumvent immigration laws that are not good for any country. Hence, any country has to be careful about it, thus making it necessary for measures to be prevalent to avoid any problem.
Opining about the work related opportunities in USA; he said that in certain sectors unemployment is very high. But there are sectors and places where the unemployment rate is low. With proper skill sets there is a high possibility of getting good jobs.
The question answer session ended with a vote of thanks. This guest lecture by Mr. James Golsen kept the audience involved throughout. It served as a platform for important insights that the students gained through this lecture.
Smt. Nirmala Sitharaman – National Spokesperson, BJP, addresses the 13th Leadership Lecture, TAPMI, Manipal on ‘Does India need good politicians or good political parties?’
Smt. Nirmala Sitharaman – National Spokesperson, BJP, addressing the audience
The 13th Leadership Lecture at T A Pai Management Institute (TAPMI), Manipal was delivered by an eminent personality – Smt. Nirmala Sitharaman, National Spokesperson – Bharatiya Janata Party (BJP). She has been a part of BJP since 2006. The function started with a small prayer followed by a brief introduction of the speaker by Professor Vinod Madhavan, TAPMI. Dr Ramdas M Pai, Chancellor of Manipal University, Presided over the function. Dr. K. Ramnarayan, Vice-Chancellor, Manipal University explained about the “Silver Jubilee Lecture Series” at TAPMI, while Dr R C Natarajan, Director set the tone for discussion.
The topic for this Leadership Lecture was – ‘Does India need good politicians or good political parties’. Smt. Nirmala Sitharaman brought out the definition of a politician by quoting distinguished personages like Winston Churchill and Abraham Lincoln. She quoted that India, like every other country, needs good politicians and good political parties. A good politician contributes to his/her political party which further results in good nation building. She reminded the audience that it is we, the citizens who nurture vision and this description becomes critical.
There were thought-provoking questions from the students which kept the speaker engaged throughout the discussion. Questions ranged from whether the political system was at fault or if they provided any valuable contribution to the country. The students expressed the deep anguish held by the population against politicians and the political system at large. There is a general perception prevalent that the political system, politicians and the political parties have failed. To this, the speaker responded that it was a collective failure of all three and no one factor could be singled out.
There were questions raised as to the role of political parties when it comes to dealing with incidents like the recent Hyderabad blasts. She responded saying that political parties are answerable to the public, but regardless of whatever stand political parties take, there is always unavoidable criticism associated with it. She addressed queries like if there was an ideal stage wherein it is feasible to maintain a clean political party. To this she maintained that Indian philosophy is based on taking the median path, and not by taking extreme stands. Our society consists of both kinds of people – good and bad.
Public opinion is very critical for democracy and has a huge weight in decision making. However, it is required to assess the position of the opinion, and the extent to which it can be analysed to take a stand. She threw light on the continued efforts of BJP towards the Lokpal Bill, and the diluted opinion which is withholding the bill from being passed.
The 13th Leadership Lecture thus came to its end after an enriching discussion carried forward by the speaker, faculty and the students. Professor Aparna Bhat, TAPMI proposed the vote of thanks. This Leadership lecture righteously stood out prominent with deep insights and value additions.
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Shri K V Kamath receives the prestigious K K Pai National Award for Excellence in Banking 2012 – 2013
Shri K V Kamath receives the prestigious K K Pai National Award for Excellence in Banking
TAPMI witnessed the presentation of K K Pai National Award for Excellence in Banking 2012 – 2013 to Padmabhushan Awardee Sri K V Kamath, Chairman, ICICI Bank and Infosys. The following dignitaries – Dr. Ramdas M Pai – Chancellor, Manipal University, Sri T Satish U Pai – President, K K Pai Trust, Manipal, Dr. K K Ammannaya- Secretary, Dr. R C Natarajan, Director, TAPMI, Manipal and eminent trustees – T Narayan M Pai, T Ashok M Pai, K Suresh Pai, K M Udapa, H Krishna Bhat, Dr H S Ballal were present for this function. K K Pai Trust presents the K K Pai National Award – an award that honours significant bankers.
Sri K V Kamath has provided a new dimension to Indian banking and spearheaded a revolution in the Indian banking sector. Sri K V Kamath hailing from Mangalore is an alumnus of the prestigious Indian Institute of Management, Ahmedabad. He started his career in 1971 at ICICI – an Indian financial institution. He rendered several years of service in South East Asia before returning to ICICI as its Managing Director and CEO in 1996. He retired as CMD in April 2009 and took up his present position as Non-Executive Chairman. Sri K V Kamath took over as Chairman of Infosys in August 2011.
The function commenced with an address by K K Ammannaya, Secretary, K K Pai Trust followed by a welcome prayer. The citation was read out and the felicitation was done by Dr H S Ballal. Sri K V Kamath expressed his courteous gratitude on accepting the K K Pai National Award from Dr. Ramdas M Pai. He acknowledged T M A Pai, T A Pai and K K Pai as founders of modern banking.
He discussed the evolution of IT in the banking sector. The year 1981 saw the advent of Personal Computers and technologies which could be dealt easily by the general public and did not require the intervention of the IT departmment. The year 2002 saw 94% of the total transactions being done at ICICI bank branches. The transition towards technology saw setting up of 1000s of ATMs across the country and call-centres being set up to supplement the customer query addressing system. All these culminated in the rollout of internet banking, which has now reduced transaction traffic at bank branches to a mere 15%.
He threw light on the technological development with respect to efficiency and cost, cloud space and cloud environment, applications and migration of computing strengths from CTO to CMO and other functional heads. Our country’s accelerated economic development, coupled with its abilities, is immensely beneficial for the youth of today. However, we must also appreciate the challenges faced by the previous generations for bringing India to where it is now. Sri K V Kamath predicted that the per capita income would rise exponentially to $3500 in the coming 4-5 years. He concluded his speech by mentioning that there was no better time than now, to have been born and living in India, and he sees a bright future for the country.
This event reached its end with Professor Chowdari Prasad, TAPMI delivering the vote of thanks. Sri K V Kamath decided to interact further with the students of TAPMI and welcomed questions from the young leaders of tomorrow. The insights provided by Sri K V Kamath proved beneficial to the students of TAPMI and enhanced their understanding of the Indian banking sector.
